Remove Finance Remove GDP Remove Leadership Remove Management
article thumbnail

How Ready Are Companies For The Post-Pandemic World?

The Horizons Tracker

For instance, during 2020, GDP in advanced economies plummeted, with many businesses having to shut for prolonged periods, and nearly all having to rapidly adapt to the changing conditions. There was then a gap to access to finance and a non-supportive policy environment. of respondents citing survival as a key challenge.

Company 99
article thumbnail

How Bad Leadership Spurs Entrepreneurship

Harvard Business Review

Because most managers are simply unbearable. But there is one upside to incompetent management: by failing to attend to their employees' ideas, and continuing to demoralize their staff, bad leaders accidentally stimulate entrepreneurship. Does this imply that we should hope for more incompetent leadership in the future?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How GE and IBM are Playing Global Development to Win

Harvard Business Review

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. The company’s leadership moved proactively to accelerate it and shape it. “If It also demands senior management and board involvement. It’s neither.

article thumbnail

Your Board Should Be Full of Activists

Harvard Business Review

Its directors have turned over many times, of course, but Trian Fund Management, led by activist Nelson Peltz, is pressing for far more than a routine remake, demanding four seats of its own choosing at the table. Much the same occurred at Canadian Pacific Railway in 2012, when Pershing Square Capital Management acquired control of its board.

article thumbnail

The New New International Economic Order

Harvard Business Review

Earlier this week, on April 16, the US nominee Jim Yong Kim was selected over Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo. The choice of who will lead the World Bank has been made. That's correct so far as it goes —but it doesn't go nearly far enough.

article thumbnail

The Irish Banking Crisis: A Parable

Harvard Business Review

Heres what orthodox economics would have predicted for a country without banks: A collapse in the money supply, a credit crunch, a trade implosion, mass unemployment, an atomized GDP, and the gears of industry and commerce grinding to a crashing halt. Imagine all the veins in your body suddenly shrinking and collapsing — Avada Kedavra!!

Banking 15
article thumbnail

Democracy's Debt Dilemma

Harvard Business Review

And at that time, the United States had a public debt/GDP ratio of around 65% — a number that has since passed 100%. According to The Economist , the world's governments currently hold debts of approximately $45 trillion (relative to a world GDP of $65 trillion ). Nearly every major democracy is now struggling with public debt.

GDP 11