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Why Leaders Are Still So Hesitant to Invest in New Business Models

Harvard Business

As technology continues to change and challenge even the most successful incumbent organizations in every industry, the cost of inertia is growing. Consider the dramatic shift in the types of assets that create market value. According to Ocean Tomo, a consulting firm focused on intellectual capital, physical assets (plant, property, and equipment) made up more than 80% of the market value of the S&P 500 in 1975.

GDP Is a Wildly Flawed Measure for the Digital Age

Harvard Business

Many workers have found, well into their careers, that their physical skills for making and transporting “things” are less relevant and valuable than the once were. New workers embarking on their careers are finding that their education is incomplete in many areas essential to our technology-driven lives today. It struggles to account for today’s intangible assets—services, insights, and networks. HBR STAFF.

GDP 44