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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.

Company 127
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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. Others see scope of digital technologies to transform the quality of work. RETHINKING WAGES. EMBRACING AUTOMATION AND AI RIGHT NOW.

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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. Managed by Q, a cleaning and office services company in New York City, decided to pay employees higher wages than the prevailing market rate. And wages are stagnant.

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Globalization Is Becoming More About Data and Less About Stuff

Harvard Business Review

Today growth in global trade has flattened, and it looks unlikely to regain its previous peak relative to world GDP anytime soon. We find that over the last decade, global flows of goods, services, finance, people, and data have contributed at least 10% of world GDP, adding $7.8 The same is true for cross-border financial flows.

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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. In some instances, the end results were firm closures and lost jobs. manufacturers are taking notice.

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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. Bill Ackman's hedge fund Pershing Square, for example, has $9 billion in assets under management and fewer than ten investment professionals. Still, being astute and agile does not guarantee immunity to disruption.

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Do We Need A Recruitment Agency For Robots?

The Horizons Tracker

It looked at the role technology plays in economic recoveries, both in terms of economic growth and the number of jobs. The dissemination of technology. Indeed, a recent German study found that the jobs landscape is harmed by the poor distribution of technologies such as robotics throughout the economy.

TCO 83