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Amazing AI Facts That Could Change The World

Strategy Driven

PWC believes global GDP will rise by 14% by 2030 due to AI. Venture capital for AI between 2013-2017 increased by 4.5%. China has earmarked artificial intelligence as a key factor in their success going forward… and as a result of this they will look to be one of the dominating countries in AI in 2020 onwards.

Banking 74
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Are CEOs Really India’s Leading Export?

Harvard Business Review

A systematic analysis of mid-2013 data on the world’s largest firms by revenue, the Fortune Global 500, shows that at that time only three non-Indian firms were led by Indian CEOs: Arcelor Mittal (Lakshmi Mittal), Deutsche Bank (Anshu Jain), and PepsiCo (Indra Nooyi). Indians have indeed gone out and achieved great managerial success abroad.

CEO 13
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The Three Reforms China Must Enact: Land, Social Services, and Taxes

Harvard Business Review

The plan is expected to outline policies intended to ensure that China continues to see average annual GDP growth of 7% through this decade, the growth rate required to meet Premier Li Keqiang’s stated goal of doubling GDP by 2020. If the party leaders do tackle these reforms, success is far from assured. What Needs to Change.

GDP 8
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As Emerging Markets Slow, Firms Search for “New” BRICs

Harvard Business Review

For example, on the Indonesian archipelago, supply chain and distribution logistics present serious challenges — with logistics costs at 24% of GDP, compared with the regional average range of 9-11%. Additionally, managing corrupt business practices often makes it difficult for MNCs to realize growth potential in the short term.

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Is Europe’s Economy Really Sick?

Harvard Business Review

While they’re somewhat comfortable with innovation, European managers are worried about their overall competitiveness, which they feel is compromised by large, expensive and rigid social systems and labor markets, that are almost impossible to reform. Nearly two thirds of North Americans were pessimistic. And it is certainly in the top ten.

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The First Step to Fixing U.S. Manufacturing

Harvard Business Review

A few outlier industries (notably pharmaceuticals, medical devices, and computers) prop up the sector’s aggregate performance; most others have experienced flat growth or outright declines in real GDP over the past two decades. As a group, the largest U.S. In some instances, the end results were firm closures and lost jobs.

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Companies Shouldn’t Wait to Prepare for the Post-Brexit World

Harvard Business Review

The Canadian dollar, for example, depreciated 25% between 2013 and 2016, yet Canada’s trade balance remained virtually unchanged. Price changes (of currency and goods) can be observed nearly in real time, whereas fundamental macro variables such as GDP and its components become available with just a few months’ delay.