article thumbnail

Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business Review

The constantly fluctuating number of barrels of crude available from nimble shale operations is a primary driver, but so are the long-term impact of increased fuel efficiency and the fits and starts of the global transition away from fossil fuels on world demand. .—while The soaring U.S.

article thumbnail

An Agenda for the Future of Global Business

Harvard Business Review

Business leaders can take an active role in shaping the next phase of globalization by looking beyond cost-based offshoring and emphasizing the benefits of trade and technology across a wider geographic and demographic base. Essential background. “Inside AT&T’s Talent Overhaul” 5.

article thumbnail

America's Innovation Shortfall and How We Can Solve It

Harvard Business Review

One common definition of innovation is invention that generates value. innovation, in terms of jobs, income, revenue, and taxes, has gone offshore. The making part of the economy is essential to the innovation part of the economy. Apple, the single exception, operates as a startup. But we never ask value for whom?