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

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

Harvard Business Review

Read more from DXC Technology: Embracing Digital Change Requires a Clear Strategic Focus. Zurich Insurance Group Takes Its IT Infrastructure to the Agile Cloud. Digital transformation transcends technology. The relentless speed of change of customers, markets, and technology has given rise to enormous opportunity.

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

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The Most Digital Companies Are Leaving All the Rest Behind

Harvard Business Review

economy operates at only 18% of its digital potential, and the sort of productivity gains that digital technologies should be enabling are not showing up in the broader economy. Just about every individual, company and sector of the economy now has access to digital technologies — there are hardly any “have nots” anymore.

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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.