Remove Banking Remove GDP Remove Operations Remove Technology
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How to Become Truly Social

Coaching Tip

Winning in this environment requires more than new technology ; here are ten ways to become truly social in a world that is not just connected, but interconnected and interdependent: 1) Do away with one-way conversations. In a highly connected, social world, technological innovation advantages last for weeks rather than decades or years.

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American Firms Dream of Growth but Invest in Efficiency

Harvard Business Review

The Federal Reserve is projecting GDP growth of 2.8 Sounds good; “New investment in innovative technologies” makes a great headline for the next earnings call or annual report. companies are great at improving existing operations and thinking of new ways to apply technology to drive productivity. Indeed, U.S. Indeed, U.S.

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Tackling Big Global Challenges with Low-Cost Innovation

Harvard Business Review

GDP by 2020. This frugal solution is built around affordable and easy-to-use medical devices that can be operated by nurses in rural clinics. In Kenya, half of the population uses M-PESA , a mobile payments solution that doesn’t require a bank account. To rein in these costs and deliver better care at lower cost, the U.S.

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How GE and IBM are Playing Global Development to Win

Harvard Business Review

Four years ago, GE initiated a strategy to compete more effectively in Africa, one of the fastest growing regions in the world in terms of GDP. CEO Ginni Rometty took the top job in 2012, and identified Africa as a locus of technological growth early in her tenure. General Electric is a good example.

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Small and Young Businesses Are Especially Vulnerable to Extreme Weather

Harvard Business Review

they account for 50% of employment and 45% of GDP. To better understand businesses’ financial preparation for and management of disasters, my colleagues and I partnered with the Federal Reserve Bank of New York to survey firms in the New York area one year after Hurricane Sandy. In the U.S., Our data include about 950 businesses.

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What to Know About Doing Business in Iran

Harvard Business Review

The economy still hasn’t received a boost from sanctions relief, and many big banks that left the country have not returned. Large European banks in particular are not ready to return to Iran even though they are permitted. financial system for bank transactions related to Iran. However, remaining U.S.

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India’s Botched War on Cash

Harvard Business Review

Prime Minister Narendra Modi launched a surprise in early November, demonetizing 500 and 1,000 rupee bank notes. Indeed, since the chaos erupted, the prime minister has tweeted : “Time has come for everyone, particularly my young friends, to embrace e-banking, mobile banking & more such technology.”