Harvard Business Review

APRIL 4, 2014

The Federal Reserve is projecting GDP growth of 2.8 And, if growth is mostly about gaining market share and developing new products, why is a substantial focus on investment to retain existing customers and make existing products and services more efficient? After more than five years of sluggish growth, U.S. to 3 percent in 2014 (U.S.

Efficiency 8

Efficiency Maturity Strategic Planning Business Model 8

Harvard Business Review

JULY 6, 2015

. “We thought if we could capture data from the machines about how they interact with the landscape and the wind, we could build a digital twin for each wind farm inside a computer, use it to design the most efficient turbine for each pad on the farm, and then keep optimizing the whole thing.”

Efficiency 8

Efficiency Power Software Engineering 8

Harvard Business Review

NOVEMBER 1, 2011

These days, many people agree that, just as the full measure of a man can't be taken by his banker, the full measure of a nation isn't reflected in its GDP. Another variable that is not available is the efficiency of healthcare systems. But what should take the place of that alpha metric as a better indicator of economic health?

GDP 10

GDP Social Capital Globalization Entrepreneur 10

Strategy Driven

AUGUST 24, 2017

In short, it’s an enormous business, consuming some 6 percent of total world GDP, more than military spending and education combined. Businesses are beginning to realize that data holds the key to greater efficiency and profits. Getting our goods from one location to another is just really, really expensive.

Supply Chain 50

Supply Chain Strategy Cost Software 50

Harvard Business Review

AUGUST 28, 2014

As a percentage of GDP, it’s now back to mid-1990s levels: There’s a version of the chart above in the much - discussed paper that MIT economist David Autor presented last week at the Federal Reserve’s annual Jackson Hole meeting. After the dot-com bubble, investment in software and information processing equipment in the U.S.

GDP 14

GDP Information Technology Company Christensen 14

Harvard Business Review

NOVEMBER 29, 2013

Its gross domestic product has surged from less than $150 billion in 1978 to $8,227 billion in 2012 (see “China’s GDP” chart below). Despite these impressive achievements, there is still plenty of room for catch up, with China’s per capita GDP only a fifth of the U.S. percentage points of GDP growth in 1979-1989, 0.5

GDP 13

GDP Supply Chain Globalization Technology 13

Harvard Business Review

JULY 25, 2011

To begin with, America's gross public debt as a percentage of its GDP is around 98ish (aka, its debt/GDP ratio). How high would America's debt/GDP ratio be if we added these costs? But the not-so-secret dirty secret is that, well, so does GDP itself. You probably don't want to know.

Crisis 14

Crisis GDP Cost Depreciation 14

Harvard Business Review

DECEMBER 9, 2015

Some find evidence of a clear improvement of total factor productivity since market-oriented reforms began in 1979, estimating that the increase in TFP contributed about 40% to GDP growth, roughly the same as that contributed by fixed asset investment. Factor accumulation (capital and labour) thus accounts for about 60 to 70% of GDP growth.

GDP 8

GDP Human Capital Fixed Assets Efficiency 8

Harvard Business Review

FEBRUARY 5, 2018

Going back to the low-GDP growth, low-job growth path we were on in the immediate aftermath of the global financial crisis will mean stagnation—and continued rising discontent about incomes that don’t advance and income inequalities that continue to grow. Other options are also less than desirable.

GDP 8

GDP Globalization Short-term McKinsey 8

Harvard Business Review

APRIL 18, 2017

Higher diversity is therefore associated with lower productivity, which inhibits the capacity of the economy to operate efficiently. Our empirical findings suggest that cultural heterogeneity, measured by either fractionalization or polarization, has a discernible positive impact on the growth rate of GDP over long time periods.

Long-term 10

Long-term GDP Diversity Construction 10

Harvard Business Review

MARCH 22, 2011

Analysts have already reduced forecasted GDP growth rates for Japan by 0.5% With government deficits equaling 10% of GDP, and national debt at 200% of GDP, funding the recovery plan with still more government debt would be imprudent. for the first quarter of this year, and by more than 1.5% for the second quarter. on Tuesday.

GDP 15

GDP Aggregate Demand Supply Chain Crisis 15

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.

GDP 8

GDP Porter Education Globalization 8

Harvard Business Review

OCTOBER 30, 2012

If you are familiar with the Legatum Prosperity Index, you know it is an effort to look beyond GDP. Doing so, however, produces insights on vital questions the answers to which are not yet (and may never be) reflected in GDP. Entrepreneurship & Opportunity (entrepreneurial environment, innovative activity, and access to opportunity).

Social Capital 17

Social Capital GDP Human Capital Education 17

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.

GDP 16

GDP Hypercompetition IPO Information 16

Harvard Business Review

SEPTEMBER 28, 2012

America doubled down on a strategy of suburbs, automobiles, housing, and the debt-fueled trappings of a consumer economy, which worked like gangbusters, boosting GDP for the nation, creating millions of jobs, and swelling corporate profits left and right.

Management 15

Management GDP Retail Automotive 15

Harvard Business Review

AUGUST 29, 2017

The company also aspired to raise the overseas portion of its revenue in response to the projected shrinking of the Japanese GDP as a portion of global GDP ( from 12% in 2006 to 3% in 2050 ) and wanted to expand its global talent pool. Above all, company aspired to become the number one internet services company in the world.

Succession 15

Succession Globalization Tacit Knowledge GDP 15

Harvard Business Review

JANUARY 20, 2015

Without an acceleration in productivity growth, the rate of global GDP growth is set to decline by 40% from 3.6% MGI has identified sufficient opportunities to boost productivity growth to 4% in the 19 national economies of the G20 group plus Nigeria, which together account for 80% of world GDP. a year between 1964 and 2012 to only 2.1%

Globalization 8

Globalization Productivity Products GDP 8

Harvard Business Review

APRIL 4, 2017

GDP in the 1970s to 0.78% today. Lean is a powerful management tool, but having the “exact” number for efficiently doing the “work” of today jeopardizes the future by not having “extra” people thinking on it. Efficiency is not innovation. The less science, the fewer ideas for new businesses.

Innovation 10

Innovation Market Segmentation GDP Competitive Advantage 10

Harvard Business Review

NOVEMBER 21, 2011

GDP shrunk this year by 5.5% Our horrendous public debt is compounding and the public debt to GDP ratio will soon hit almost 200%, a level that can force our country to default on a most of what it owes. Consumption continues to drop. Construction has decreased by 40% and small shops are closing at a rapid rate.

Crisis 14

Crisis GDP Consensus Politics 14

Harvard Business Review

MAY 18, 2017

Agriculture accounts for more than 30% of the continent’s GDP and employs more than 60% of its working population. Digital technology opens vast untapped potential for farmers, investors, and entrepreneurs to improve efficiency of food production and consumption in Africa.

Technology 13

Technology Supply Chain Entrepreneur GDP 13

Harvard Business Review

AUGUST 23, 2011

In the second quarter of 2011, China's Gross Domestic Product (GDP) growth slowed to 9.5%. From the vantage point of many in the United States, where optimistic estimates of GDP growth continue to be cut and now hover around 2%, it seems that the Chinese "problem" is a nice one to have. That was down from 9.7%

GDP 13

GDP Christensen Disruptive Innovation Business Model 13

Harvard Business Review

MARCH 13, 2017

That’s roughly, and remarkably, half of Germany’s GDP, amounting to about 9% of world exports that year. So how did Germany, with the fourth-largest GDP in the world (after the United States, China, and Japan), transform itself from sick man to economic superstar? With just 2.6 The country’s exports reached nearly $1.3

Marketing 13

Marketing Decentralization Policies GDP 13

Harvard Business Review

JUNE 9, 2014

Currently, the annual expenditures for research and development (R&D) amount to 0.67% of Greece’s GDP. to 3% of their GDP. Key agenda items – such as investor protection, the enforcement of contracts, and an efficient insolvency regime – remain unfinished. This is going to be a considerable challenge.

Planning 9

Planning GDP Tourism Innovation 9

Harvard Business Review

SEPTEMBER 13, 2017

Such improvements could help cut the costs of traffic congestion ( about 1% of GDP globally ), road accidents ( 1.25 Such zones, as well as other, more valuable uses of urban land, could be carved out of parking spaces, which will be significantly less in demand as vehicles are used more efficiently.

Transportation 11

Transportation Technology GDP Policies 11

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. In high-opportunity and resilient markets, companies should find ways to improve the efficiency of their local operations.

GDP 8

GDP Politics Marketing Bottom-up 8

Harvard Business Review

JUNE 4, 2015

The Industrial Internet could add $10 to $15 trillion to global GDP in efficiency gains over the next two decades. Last fall, the company opened Predix , its software platform for the Industrial Internet , to outside developers like Japan’s SoftBank Telecom, which took the first license in December.

Industry 8

Industry Software GDP Engineering 8

Harvard Business Review

MARCH 14, 2016

Today growth in global trade has flattened, and it looks unlikely to regain its previous peak relative to world GDP anytime soon. We find that over the last decade, global flows of goods, services, finance, people, and data have contributed at least 10% of world GDP, adding $7.8 The same is true for cross-border financial flows.

Globalization 8

Globalization Supply Chain GDP Operations 8

Harvard Business Review

NOVEMBER 22, 2017

Yet health care, which represents about 10% of global GDP, has lagged behind other sectors. But that is about to change, as big data and the ability to crunch it will deliver actionable insights that will increase health care’s reach, efficiency, accuracy, and value.

Health Care 8

Health Care Content Power GDP 8

Harvard Business Review

SEPTEMBER 14, 2017

However, efficient risk management can only take place on the condition that the risks are defined. When weather conditions are on average adverse over days, weeks, or entire seasons, shortfalls in sales cause reduced cash flows and can lead to financial distress and business failure. These disruptions add up. alone, or 3.5%

Hedge 8

Hedge Apparel Risk Management Retail 8

Harvard Business Review

APRIL 4, 2011

Corruption continues to undermine the efficiency of international-assisted projects in Africa, especially when they are executed by governments. Nigeria moved from a GDP of $35 billion to $207 billion within a decade largely because of massive investment from foreign business partners in information technology and banking.

AIDA 12

AIDA AIDAS GDP Education 12

Harvard Business Review

NOVEMBER 30, 2017

A few outlier industries (notably pharmaceuticals, medical devices, and computers) prop up the sector’s aggregate performance; most others have experienced flat growth or outright declines in real GDP over the past two decades.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Harvard Business Review

NOVEMBER 23, 2015

trillion, or 2%, to global GDP and increase employment by 72 million full-time-equivalent positions by 2025. Independent workers allow them to quickly and efficiently scale staffing up and down to meet shifts in demand and changing business circumstances in an increasingly volatile and always-changing global economy.

Company 8

Company Automotive MBO Globalization 8

Harvard Business Review

JANUARY 31, 2018

Wage growth has not kept up with productivity growth; labor’s share of GDP has fallen and capital’s share has risen. While technology and globalization have spurred competition, efficiency, and dynamism, the gains have not been shared by all. The reason stems from a classic idea in economics: comparative advantage.

Policies 8

Policies Aggregate Demand Technology Education 8

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.

Franchising 13

Franchising CEO GDP Entrepreneur 13

Harvard Business Review

FEBRUARY 24, 2011

US health care costs are currently 17% of GDP ($2.5 Health systems in developing countries range from providing basic care to everyone to almost nothing to anyone, other than what they can buy out-of-pocket in the least efficient way. Provide financial security against the costs of ill-health.

Health Care 15

Health Care Innovation GDP Cost 15

Harvard Business Review

MARCH 4, 2013

As those tree-huggers at McKinsey and PwC UK have calculated, we need to decarbonize at a rapid rate — about 5 percent less carbon per dollar of GDP every year until 2050. Even putting aside the literally trillions available through energy efficiency , there's a vast upside from creating new industries.

GDP 8

GDP Energy McKinsey Transportation 8

Harvard Business Review

SEPTEMBER 4, 2017

In the decade between 2005 and 2015, labor productivity in the US as measured by GDP per labor hour was less than 1% for 7 of the 10 years, according to the OECD. For too long, business objectives and management philosophies have focused on efficiency over productivity. Unfortunately, this virtuous cycle appears to be broken.

Human Capital 15

Human Capital Kaizen Agility Energy 15