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How Ready Are Companies For The Post-Pandemic World?

The Horizons Tracker

For instance, during 2020, GDP in advanced economies plummeted, with many businesses having to shut for prolonged periods, and nearly all having to rapidly adapt to the changing conditions. Organizational agility. The Covid pandemic has undoubtedly been one of the most disruptive periods in most organizations’ history.

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How to Win with AI and Automation

HR Digest

Developments in digital technologies, inclusive of artificial intelligence (AI) and automation, are estimated by some to create the potential for a tremendous reduction in the volume of work. Across the OECD, spending on worker training and development has been declining over the last twenty years. IMPROVING WORK MARKET DYNAMISM.

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Chinese Competition Has Raised Innovation In America and Europe

The Horizons Tracker

“For instance, British beer company, Brewdog, responded with agility and creativity throughout the crisis —shifting to produce hand sanitizer, creating virtual bars, setting up the Brewdog Drive-Thru, and repurposing physical locations to create co-working space with Desk Dog.”. This resulted in a boost to GDP of around 0.4%.

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The Case for Investing More in People

Harvard Business Review

Productivity in most developed economies has been anemic. In the decade between 2005 and 2015, labor productivity in the US as measured by GDP per labor hour was less than 1% for 7 of the 10 years, according to the OECD. Both Kaizen events and Agile sprints are investments in innovation and human capital productivity.

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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. But now the situation has reached such a tipping point that larger U.S. manufacturers are taking notice.

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4 Strategies for Reaching the Chinese Consumer

Harvard Business Review

Our research on China’s prospects, in comparison to the development trends of 167 countries over 60 years, highlights the magnitude of the opportunity. Economic growth of just under 5% a year would see consumer spending rise by 60% over the course of the next decade, even if consumption’s share of GDP doesn’t budge.

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A CEO’s Guide to Navigating Brexit

Harvard Business Review

How can leaders develop a specific view of the industry- and firm-level implications? Here, too, the directional impact has been analyzed credibly, with estimates ranging from 3%–9% of GDP loss. ” From the map, combine various values to develop multiple scenarios. Turn thoughts into action.