The Horizons Tracker
AUGUST 13, 2020
This is hugely problematic for the travel industry, who make the vast proportion of their revenue from business travel, but new research from Harvard’s Growth Lab suggests it’s also hugely problematic for global economic growth. The researchers used transaction data from Mastercard to map the global flow of business travel.
The Horizons Tracker
FEBRUARY 23, 2021
The research shows that tacit knowledge is crucial to economic growth, and this is being undermined by virtual communication. They concluded that the mobilization of know-how has a huge impact on the economy of nations, with a reduction in business travel contributing to a fall in global GDP of nearly 5%.
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The Horizons Tracker
SEPTEMBER 7, 2020
This is coupled with a need to deploy those learnings over longer timescales as problems take on a global and complex nature. Now, however, we’re in a third-generation of the learning organization, with new technologies speeding up the rate at which we can both absorb new information and test our assumptions. Creating a culture of learning.
Harvard Business Review
MAY 2, 2017
Even organizations that remain headquartered in other cities have set up innovation outposts there in the hope that high-tech silicon dust will rub off on them. Setting up innovation outposts in global technology clusters, such as Silicon Valley, Boston, and Tel Aviv, is highly popular among Fortune 500 corporations.
Harvard Business Review
MAY 19, 2016
But we are also regularly reminded of the lack of true differentiation in most mainstream global companies — and of the opportunities they are thus squandering. But starting in the early 2000s, the advantages of scale were mostly eliminated, in large part because of globalization, deregulation, and the rise of digital technology.
Harvard Business Review
OCTOBER 4, 2012
Many firms struggle to exploit the innovation potential of their global networks. That's partly because they manage global projects like traditional ones. But single-location projects draw on a reservoir or shared tacit knowledge and trust that global projects lack.
Harvard Business Review
OCTOBER 4, 2012
Many firms struggle to exploit the innovation potential of their global networks. That's partly because they manage global projects like traditional ones. But single-location projects draw on a reservoir or shared tacit knowledge and trust that global projects lack.
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