“Interpersonal Connectedness” One Factor in Metric to Replace GDP
Michael Lee Stallard
MAY 19, 2010
In “ The Rise and Fall of GDP ,&# that appeared in The New York Times Magazine, Jon Gertner describes this effort. why is everyone smiling?
A Revolution Has Begun in America’s Health Care Coverage
CEO Insider
NOVEMBER 27, 2022
Americans spend more on medical care as a percentage of GDP than any other nation. For the decade ending in 2020, insurance premiums rose 47 percent and deductibles jumped nearly 69 percent.
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The Power of Family Business Stories
CEO Insider
APRIL 14, 2021
and account for 54 percent of total private sector GDP. Family-owned businesses, more than 32 million strong, are the backbone of the U.S. According to a February 2021 research report, family businesses employ over 83 million people in the U.S.,
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US stock market is no threat to consumption
CEO Insider
NOVEMBER 24, 2019
A downturn in the American economy will hurt the US stock markets, but a sell-off on Wall Street won’t necessarily damage the American GDP growth quite as much– it’s another sign of changing macroeconomic dynamics. It is well-known that since the global financial crisis, the American GDP growth has been doing fairly well.
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How Skills Will Be Crucial As We Adapt To The Post-Covid World
The Horizons Tracker
SEPTEMBER 27, 2020
. “We’re likely to see a huge amount of disruption in the labor market in the coming years, with existing jobs lost to economic and technological factors, and new jobs created that will require new skills,” Jeff Maggioncalda, CEO of Coursera told me recently. ” Skills for the post-Covid world. billion per year.
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China is running out of bridges
CEO Insider
NOVEMBER 3, 2019
For many years, China’s GDP growth has been supported by large public investments in infrastructure, but China’s government now quickly needs to find other solutions. The number of road bridges in China has increased from 658,000 in 2010 to 851,000 last year (graphic one).
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“Poli talks” continue as investor headache
CEO Insider
SEPTEMBER 29, 2019
Very respectable and fine organisations like The International Monetary Fund (IMF) have throughout the year revised their global GDP growth forecasts lower. Many investors dream about having less of the tough political rhetoric and macroeconomic interference, but the reality looks different.
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Book Review: The Coming Jobs War
Lead on Purpose
OCTOBER 8, 2011
Those things destroy cities, destroy job growth and destroy city GDP. More money, jobs and GDP turns on who is named manager than on any other decision,” says Clifton. The book is especially important for every CEO, executive and manager, and anyone who has the seed of entrepreneurism growing within. —.
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Are We Still Attracted By The Bright Lights?
The Horizons Tracker
MARCH 16, 2021
The GDP of the larger cities was found to decline by 16%, but there was also a decline in GDP of 2.4% “When I co-founded the company, I was in the Netherlands with co-founders in Manchester and Seattle,” Alex Nichiporchik, CEO of gaming company tinyBuild, told me recently.
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Amazing AI Facts That Could Change The World
Strategy Driven
NOVEMBER 25, 2019
But Google CEO Sundar Pichai thinks that AI will have a bigger impact on the development of human life. PWC believes global GDP will rise by 14% by 2030 due to AI. And here are some amazing facts you should know that could change our world. Electricity transformed our world.
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Wise Economic Decision Making
Coaching Tip
JANUARY 16, 2011
CEOs across the country want to make sure the economy is growing robustly before they commit to new hiring. CEOs know that until consumer demand picks up, the economy won't lift-off and they won't be able to positively affect a lowering of the rate of unemployment. In 2005, housing accounted for 6.1
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Nigeria’s GDP Just Doubled on Paper: What It Means in Practice
Harvard Business Review
APRIL 9, 2014
Earlier this week, Nigeria ascended to the position of Africa’s largest economy following a recalculation of its GDP by the country’s National Bureau of Statistics. The long overdue exercise (the last one was in 1990) nearly doubled the country’s economy pushing GDP up to $510bn from $270bn.
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Are CEOs Really India’s Leading Export?
Harvard Business Review
MARCH 7, 2014
Satya Nadella’s appointment as Microsoft’s CEO was greeted with headlines such as “ Why Microsoft and Everyone Else Loves Indian CEOs ,” echoing Time’s 2011 lead heralding “ India’s Leading Export: CEOs.” European firms, on average, are the most likely to have foreign CEOs.
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14 Women and the economy: an opportunity for growth
Strategy Driven
MAY 11, 2016
As Christine Lagarde, Managing Director of the International Monetary Fund states: if women were employed at the same rate as men, GDP would increase by 5 percent in the United States, by 9 percent in Japan and by 27 percent in India. It is time to unveil some figures and share thoughts on this hidden treasure: women.
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Why CEOs Should Watch the Royal Wedding
Harvard Business Review
APRIL 25, 2011
GDP or around $50 billion. One former New York CEO for whom I was a consultant ran a tight ship and was fond of saying that "Business is the last monarchy." CEOs must beware. Lavish expenditures helped bring down Dennis Kozlowski, former TYCO CEO. The royal wedding can also be watched as a cautionary tale. Not exactly.
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16 The Joy of Facts
Next Level Blog
OCTOBER 4, 2010
leads the world in health expenditures as a percentage of GDP at 16.5%. It’s common to hear someone say about the U.S., “We We have the best health care system in the world.” Based on what facts? According to World Health Organization stats, the U.S. doesn’t even make the top 10 countries for healthy life expectancy.
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Is The Single Market Preventing Digital Champions In Europe?
The Horizons Tracker
OCTOBER 30, 2019
They suggest that while the last 30 years have been typified by increasing Asian consumption and integration into the global flow of trade and innovation, the coming decades will see Asian economies driving and determining the direction of these flows, with the region set to account for 50% of global GDP by 2040.
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How to Become Truly Social
Coaching Tip
FEBRUARY 23, 2012
Dov Seidman is the author of HOW: Why HOW We Do Anything Means Everything and CEO of LRN , a company that helps businesses develop values-based corporate cultures. 9) Treat business as inseparable from life. You can follow Dov on Twitter at @DovSeidman and join the HOW community on Facebook. Source: [link].
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How One CEO Grows Her Business with Feeling
Harvard Business Review
FEBRUARY 17, 2012
In South Asia and sub-Saharan Africa, another long-term study found that "more equal education between men and women could have led to nearly 1 percent higher annual per capita GDP growth" in each country. A study found that 18% of school age girls in Rwanda, for instance, miss school because menstrual pads are too expensive.
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Morning Advantage: Bosses Who Earn Their Pay
Harvard Business Review
OCTOBER 4, 2012
High GDP usually goes hand-in-hand with thriving populations. But not in Hong Kong, whose GDP is second only to Singapore among developed Asian nations. A Hubris Test for CEOs (Globe and Mail). Bad news for the slackers. UNHAPPY CAMPERS. What’s Wrong in Hong Kong? It was stopping to think that encouraged selfishness.
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15 Morning Advantage: Bosses Who Earn Their Pay
Harvard Business Review
OCTOBER 4, 2012
High GDP usually goes hand-in-hand with thriving populations. But not in Hong Kong, whose GDP is second only to Singapore among developed Asian nations. A Hubris Test for CEOs (Globe and Mail). Bad news for the slackers. UNHAPPY CAMPERS. What’s Wrong in Hong Kong? It was stopping to think that encouraged selfishness.
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Reinhart, Rogoff, and How the Macroeconomic Sausage Is Made
Harvard Business Review
APRIL 17, 2013
After watching a presentation by Kaggle founder and CEO Anthony Goldbloom at a conference last year , I went up to the front of the room to ask him a question about macroeconomics. growth in countries with debt/GDP of more than 90%, they came up with 2.2% This is watching the sausage of macroeconomics being made. It''s not appetizing.
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4 Things Your Innovation Efforts Shouldn’t Focus On
Harvard Business Review
APRIL 4, 2017
But too often CEOs find themselves stuck in what I call an innovation plateau. GDP in the 1970s to 0.78% today. See More Videos > See More Videos > If this myopia is going to change, CEOs need to be able to recognize when their strategic inertia is staring them in the face. When failing to innovate, CEOs acquire talent.
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10 Leading Job Growth in the Digital Economy
Harvard Business Review
AUGUST 5, 2015
In most countries, both developed and developing, private employment and median family income have stopped growing at the same pace as labor productivity and real GDP per capita—mostly due, they argue, to technological advances. So what are we to do? Learn from the countries that are bucking the trend.
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Why WikiLeaks Matters More (And Less) than You Think
Harvard Business Review
DECEMBER 8, 2010
Perhaps the most basic economic institution is GDP. When GDP's updated to reflect environmental costs, so must be corporate income statements — otherwise, the math simply won't work. From an economic perspective, its goal is much the same as India's updated GDP 2.0: But to the newcomers, let me explain what I mean.
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16 Would You Invest in This Kid?
Harvard Business Review
MARCH 12, 2012
Had he been born in Texas, he might be a young CEO running an energy company by now, because the funds would inevitably flow. The GDP of China — the world's largest — in most centuries never exceeded $100 billion. was recording its GDP in hundreds of millions of dollars — not billions.
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Does Wall Street Finally Care About Sustainability?
Harvard Business Review
JANUARY 19, 2018
Through it all, I hear a common refrain: Even though climate change is already creating material risks and opportunities for companies, and expectations from stakeholders about social responsibility are clearly rising, investors aren’t asking CEOs about their sustainability performance. But could that finally be changing?
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How to Successfully Work Across Countries, Languages, and Cultures
Harvard Business Review
AUGUST 29, 2017
The CEO, Hiroshi Mikitani, realized that doing business in multiple languages prevented the organization from sharing valuable knowledge across the organization’s existing global operations, as well as those that were being newly established. Above all, company aspired to become the number one internet services company in the world.
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15 Charting China’s Rising Individualism in Names, Songs, and Attitudes
Harvard Business Review
MARCH 11, 2016
From 1979 to 2015, Chinese GDP per capita increased from 2.7% GDP per capita to 23.6%. When we presented these results to a group of business leaders in China, a CEO shared an insightful comment: “I have three distinct versions of Chinese in my company — 1990s, 1980s, and 1970s.
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How Will AI Change Work? Here Are 5 Schools of Thought
Harvard Business Review
JANUARY 24, 2018
The future of the workforce is one of the biggest issues facing CEOs today. Falling incomes will have grave consequences in places like the United States and Europe, where consumption accounts for 56% or 69% of GDP , respectively, requiring new social supports, such as a universal basic income. Yaroslav Kushta/Getty Images.
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8 Morning Advantage: The Sky Is Falling, but the Ceiling Is Fine
Harvard Business Review
JUNE 27, 2012
GDP growth in emerging markets is slowing. Three Signs of an Emerging Succession Struggle for CEOs (Chief Executive). "The euro’s future is in limbo. Uncertainty about sovereign debt threatens economic growth across the globe." BONUS BITS: If You Love Me, Let Me Go. Let Your Ideas Go (HBR.org).
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Sub-Saharan Africa’s Most and Least Resilient Economies
Harvard Business Review
FEBRUARY 5, 2016
While SSA was predicted to grow above 5% year-over-year in 2015 at the beginning of the year, actual GDP growth is more likely to come in at around 3–4% year-over-year. Nestlé announced plans to cut its staff in some central African countries, while Barclays’s new CEO is considering selling off the bank’s Africa assets.
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How Credit-Worthy Is America, Inc.?
Harvard Business Review
NOVEMBER 12, 2013
As the CEO of a credit business, I’m in a unique position to take a look at how the US actually stacks up. In addition, Japan has roughly twice the debt to GDP ratio of the United States. The United States debt-to-GDP ratio, in comparison, is only about 1-to-1. We’re doing exceptionally well compared to other governments.
Women Are Africa's Big Opportunity
Harvard Business Review
DECEMBER 22, 2011
Discovering that Mark Bennett, the head of Africonnect, the leading internet provider in Zambia, has 60% women in his staff would put many a German CEO to shame. Goldman Sachs has reported that the USA could improve GDP by 9% by reducing its gender gap. But the experience was also humbling. Consider the payoff.
Get Ready for China's Innovation Juggernaut
Harvard Business Review
NOVEMBER 30, 2011
The CEO of Coca-Cola recently stated that China is a better place to do business than the United States. Chinese policymakers know that for 50 years the United States has invested around 3% of GDP in R&D. Whatever the CEO of Coca-Cola may say, the U.S. Coca-Cola still invests in the United States but, like most U.S.
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How GE and IBM are Playing Global Development to Win
Harvard Business Review
APRIL 16, 2014
CEOs are proactively engaging with emerging market government to spur economic development and create opportunities for their companies. 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. That is the reactive approach to economic development.
How to Bring Apple's Overseas Cash Hoard Home
Harvard Business Review
MARCH 19, 2012
I listened in this morning as Apple CEO Tim Cook and CFO Peter Oppenheimer explained what they're planning to do with Apple's $98 billion in cash (pay a $2.65 GDP and corporate taxes 6%; in the third quarter of 2011, profits were up to 13.1% of GDP and corporate taxes down to 2.7%. tax burden.
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Whose Capitalism is it Anyway?
Harvard Business Review
APRIL 11, 2012
It's obvious why every CEO and strategist would want it, but it does not produce the benefits that competition is meant to produce.". On the national level there's sense that if we're not producing more GDP, we're losing a competition of some kind," says Chris. So what replaces competition, what drives growth today?
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Is China's Elite Preparing for Exile?
Harvard Business Review
APRIL 7, 2011
The CEO of BYD, China's electric-car company that has Warren Buffet as an investor, has run afoul of authorities who prevent him from expanding production. Beneath the gloss of high-GDP growth numbers, there is now a whiff of fear in China. The head of China's famous high-speed train project was just arrested for corruption.
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15 What Africa’s Leaders Have Learned About Facing Huge Challenges
Harvard Business Review
MAY 28, 2015
Since 2000, for example, Rwanda has racked up average annual GDP growth in excess of 8%—exceeding 12% during some quarters of the Great Recession. Liberia is also a standout—averaging over 8% GDP growth in the past five years, and over 10% in the past year in spite of the crippling influence of Ebola in the region.
Your Board Should Be Full of Activists
Harvard Business Review
FEBRUARY 9, 2015
Vanguard holds more than $3 trillion in assets, making it the equivalent of the world’s fifth largest country in GDP, ahead of France. To the contrary, said Vanguard CEO William McNabb , this is “precisely why we care so much about good governance.” of DuPont’s shares — the extra clout they need.
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8 Reverse Innovation at Davos
Harvard Business Review
FEBRUARY 4, 2011
The session attracted over 125 CEOs and senior executives. Emerging economies are expected to account for as much as two-thirds of future growth in world GDP. I was a panelist on a session on Reverse Innovation during the recently concluded World Economic Forum at Davos.
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America Is Bankrupt (But Not the Way You Think)
Harvard Business Review
APRIL 20, 2011
Dad Jones is the CEO of Toxico, a major, blue-chip energy corporation. In the real world, those arrangements are called institutions, and without innovating ours ("GDP", "corporations", "jobs", "shareholder value", "equity"), this might just be the no-future future. He's an imperious millionaire, but he's stingier than Scrooge McDuck.
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Non-Discrimination Laws Make U.S. States More Innovative
Harvard Business Review
AUGUST 17, 2016
In 2013 Tim Cook, Apple’s CEO, urged the U.S. To provide evidence that the effect of ENDAs is causal, we controlled for a variety of company characteristics (such as size, profitability, and growth opportunities) and state characteristics (such as GDP, population, education, and political balance).
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