Remove 2013 Remove Real Estate Remove System Remove Technology
article thumbnail

The Big Picture of Business – Achieving the Best by Preparing for the Worst: Lessons Learned from High-Profile Crises, part 2 of 4

Strategy Driven

Real estate consultants are not business strategists, but the retail system gives them the say-so in establishing community presence. economy spent one trillion dollars fixing and treating the so-called Y2K Bug, which we now know was a manufactured “crisis” by technology consulting companies. In 1999, the U.S.

Crisis 58
article thumbnail

Universities Are Missing Out on an Explosive Growth Sector: Their Own

Harvard Business Review

One representative example: April’s Education Innovation Summit , where more than 2,000 people energetically discussed how technology and markets are charting the future of education globally. The transformation in education technology and markets is happening with the business leaders and money-men of higher education barely present.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Early Lessons from India’s Demonetization Experiment

Harvard Business Review

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. The remaining was invested in business, stocks, real estate, jewelry, or “benami” assets, which are bought in someone else’s name.

Banking 10
article thumbnail

Building a Better Bitcoin

Harvard Business Review

The only way you can avoid losing money on your investment is for a greater fool to come along — in the case of real estate, a greater fool backed by an even-greater-fool lender — and take the asset off your hands. Economy Innovation Technology' Bitcoins have no intrinsic value. But neither is a price of 10 cents.

Price 9
article thumbnail

India’s Botched War on Cash

Harvard Business Review

Supply chain transactions, real estate deals, and even weddings and funerals have been frozen. A digital idealist might argue that the demonetization move is a welcome shock necessary to get a cash-intensive society weaned off its addiction and onto modern systems of digital payments.

article thumbnail

What’s That You’re Calling a Bubble?

Harvard Business Review

They’ve also characterized the San Francisco Bay area’s real estate market over a far longer period. The actual outcome for Cisco turned out to be a 156% increase in net income from fiscal 2000 through fiscal 2013. Yet neither has collapsed. That is, it was selling at a price that no plausible growth scenario could justify.

Price 8