Leading Blog

APRIL 5, 2019

Many years later, French mathematician Pierre-Simon Laplace developed Bayes’s idea into a powerful theory, which we now know as the Bayes Theorem. Bayes is relevant to modern leaders because it can help them develop an approach to uncertainty that is less deterministic and more probabilistic. Here is a simple explanation of it.

Uncertainty 308

Uncertainty Sports Credit Rating Learning-by-Doing 308

Harvard Business Review

JULY 9, 2015

But with robust growth rates and economies unburdened by legacy structures of the last century, Africans can innovate beyond what others are doing. The African Development Bank (AfDB) is the most visible organization tasked with shepherding that inclusive innovative growth. China, and most countries of Western Europe.

Banking 8

Banking Globalization Credit Rating Short-term 8

Harvard Business Review

MAY 17, 2017

We argue that, like previous revolutionary ideas, blockchain has the potential to help developing nations leapfrog more-developed economies. This in turn boosted development by allowing relatively poor farmers to reliably send and receive payments at affordable rates, fostering economic growth by lowering transaction costs.

Marketing 8

Marketing Technology Banking Efficiency 8

Harvard Business Review

MAY 10, 2016

On the blockchain, trust is established, not by powerful intermediaries like banks, governments and technology companies, but through mass collaboration and clever code. Blockchains ensure integrity and trust between strangers. They make it difficult to cheat.

Technology 8

Technology Cost Credit Rating Banking 8

Harvard Business Review

JUNE 29, 2015

Because of their relationships with banks, PE funds can get financing much cheaper than target companies could under their current management. It also takes a long time for returns on R&D investments to be realized—longer than the average five-to-seven-year period before the portfolio company is sold off.

LBO 8

LBO Innovation Sample Short-term 8