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How to Win with AI and Automation

HR Digest

Developments in digital technologies, inclusive of artificial intelligence (AI) and automation, are estimated by some to create the potential for a tremendous reduction in the volume of work. Others see scope of digital technologies to transform the quality of work. INVESTING IN HUMAN RESOURCES.

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Globalization Is Becoming More About Data and Less About Stuff

Harvard Business Review

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.

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The Case for Investing More in People

Harvard Business Review

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. Managed by Q, a cleaning and office services company in New York City, decided to pay employees higher wages than the prevailing market rate. And wages are stagnant.

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Small and Young Businesses Are Especially Vulnerable to Extreme Weather

Harvard Business Review

they account for 50% of employment and 45% of GDP. Young firms face many existential threats related to managing internal financial and human resources and external relationships with customers, suppliers, investors and competitors. In the U.S., Small business owners wear many hats, but similar principles apply.