article thumbnail

How to Win with AI and Automation

HR Digest

Spending on worker transition has also continued to shrink as a percentage of GDP. Organizations are evolving as well, as work becomes more synergetic and organizations try to become more agile. The post How to Win with AI and Automation appeared first on The HR Digest. RETHINKING WAGES.

article thumbnail

The Case for Investing More in People

Harvard Business Review

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. Similarly, many organizations are experimenting with using Agile sprints beyond the traditional areas of product development and innovation. And wages are stagnant.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Digital Transformation Is Racing Ahead and No Industry Is Immune - SPONSOR CONTENT FROM DXC TECHNOLOGY

Harvard Business Review

How to Become a Digital Enterprise. Zurich Insurance Group Takes Its IT Infrastructure to the Agile Cloud. 6 Digital Trends Are Poised to Transform How We Work. The digital economy is making significant contributions to global gross domestic product (GDP), outpacing global growth by 400 percent.

article thumbnail

Your Company Needs Independent Workers

Harvard Business Review

How to Be a Company That Employees Love. trillion, or 2%, to global GDP and increase employment by 72 million full-time-equivalent positions by 2025. In our research we heard from company leaders that their businesses are turning to independent workers to increase business flexibility and agility. Insight Center.

article thumbnail

The Disruption of Venture Capital

Harvard Business Review

In a relatively short time, venture-backed companies have grown to account for over 20% of US GDP today. Still, being astute and agile does not guarantee immunity to disruption. The industry was born in its current form, however, when the first venture capital firms were founded in the middle of the twentieth century.

article thumbnail

The Industrial Era Ended, and So Will the Digital Era

Harvard Business Review

In the case of electricity, Faraday uncovered new principles, but no one really knew how to make them useful. They first had to be understood well enough that people such as Edison, Westinghouse, and Tesla could figure out how to make things that people would be willing to buy.

article thumbnail

Doing Business in a Post-Fidel Cuba

Harvard Business Review

With a limited financial system, Cuba lacks the domestic savings to raise fixed capital investment above the current level of 10% of GDP (half the average of Latin America). How to know where the economy is heading. Second, Cuba confronts the difficult task of unburdening its largely stalled state-led economy.