Strategy Driven
MAY 16, 2014
Real estate is unaffordable for many, competition for talent and investment is fierce, and high state and local taxes and labor costs quickly consume whatever capital startups have secured. The Lone Star State has also been cited for its entrepreneurial culture, ability to create jobs and pro-growth public policy.
Harvard Business Review
MARCH 14, 2017
As I said at the time, it was a case study in poor policy and even poorer execution. The existence of this parallel economy is a substantial drag on the Indian economy: According to recently released data , only about 1% of Indians paid taxes on their earnings in 2013. Overnight, 86% of cash in circulation was voided.
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Harvard Business Review
FEBRUARY 3, 2014
PM David Cameron , November 20, 2013. Indeed, for over a generation stimulating growth via “ SMEs ” or “small business” has been at the heart of economic and industrial policy throughout the world, only recently being upstaged by “startups.”. Over-focus on startups is bad policy. “Small business is the backbone of our economy.”
Harvard Business Review
JANUARY 3, 2014
In June 2013, some Harvard Business School classmates and I launched a social enterprise ( WAVE: West Africa Vocational Education ) targeted at the youth unemployment issue. In the hospitality sector, for example, they invest upfront into luxury real estate and equipment, but rarely into training programs.
Harvard Business Review
JUNE 28, 2013
Most budgets for 2013 were made in 2012, when the prevailing economic outlook was grim. For example, the wealth effect from rising equity and real estate prices might make premium product segments more attractive in the coming years. But here it is midyear and the signals are decidedly more positive.
Harvard Business Review
AUGUST 11, 2014
The majority of small businesses rely on such loans, and in the fall of 2013 alone, 37% of small businesses applied for credit. Financial crises hit sources of collateral like real estate particularly hard, and this has negatively impacted smaller firms credit scores. Still, the need for transparency and oversight is clear.
Harvard Business Review
DECEMBER 14, 2016
Supply chain transactions, real estate deals, and even weddings and funerals have been frozen. People up and down the income spectrum are dealing with changing cash withdrawal policies and empty ATMs. Financial inclusion policies are bank-led rather than telecom-led.
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