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ESG Needs To Be Core To Business As Usual

The Horizons Tracker

. “But then people quickly realized that this is fluff, especially with more information being made available on sites like Glassdoor, and so this has created a real external incentive to be more ethical.” For instance, chemical giant Dow has been focusing its efforts on environmentally friendly construction and industrial safety.

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How Serious Is Japan’s Labor Shortage?

HR Digest

The country’s aging population, coupled with a decline in the working-age population, has created a massive imbalance in the job market. For example, Sumitomo Chemical, a prominent Japanese company, has gradually raised its retirement age from 60 to 65 with full pay.

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U.S. Patent Overhaul Won't Help Innovators

Harvard Business Review

They have gone beyond the anecdotes that so often characterize discussions of patent reform and have studied in detail just how patents function, what incentives they create, and how the system could function better. Anyone innovating outside of those two industries would be better off if there were no patent system at all.

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The Grocery Industry Confronts a New Problem: Only 10% of Americans Love Cooking

Harvard Business Review

The top 25 food and beverage companies have lost $18 billion in market share since 2009. The risk to traditional grocers and Big Food is not just market share declines but category obsolescence. Another way to survive is to raise the price dramatically by going super-premium or by becoming very focused in local markets.

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Why America Is Losing Its Entrepreneurial Edge

Harvard Business Review

financial services sector went from 13,000 of independent banks to half that number, while the top ten banks grew from 20% market share to 60%. As of 2013, the top ten banks had 70% of the market. In chemicals, energy, technology, beer and more, you can see a multi-decade trend toward the consolidation of behemoths.

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What Businesses Need to Know About Sustainable Development Goals

Harvard Business Review

First, the global goals campaign represents a significant new opportunity for companies that view emerging and frontier markets as their source of long-term growth. According to estimates from McKinsey, consumers in these markets could be worth $30 trillion by 2025 — a significant step up from the 2010 value of $12 trillion.

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Don’t Be Tyrannized by Old Metrics

Harvard Business Review

As Carlos Tavares, chair of PSA Peugeot Citroën, explained to me, “Unit sales will remain important, but this shouldn’t be our driver… To be ready, we must experiment and learn as markets change.” They start in other markets, with other customers, or with stealth incursions into the edges of your market.