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Why Business Leaders Need to Read More Science Fiction

Harvard Business Review

Singapore has overtaken Silicon Valley as the world’s innovation hub after FDA regulation prompts a brain drain from California. Rising sea levels flood Manhattan in Kim Stanley Robinson’s New York 2140 , prompting hedge fund managers and real estate investors to create a new intertidal market index.

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Warren Buffett Is Betting the Airline Oligopoly Is Here to Stay

Harvard Business Review

” Some of that profit is the result of innovative pricing models. ” (The Department of Justice Antitrust Division is currently investigating the four largest carriers, and a lawsuit by airline travelers is pending. ). But times have changed. But two important structural changes have taken place.

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3 Ways to Get Your Own Digital Platform

Harvard Business Review

Customers can tweet at JetBlue with questions or problems, and the account helps keep JetBlue front of mind for its followers, even when they’re not traveling. However, this may have been a hedging strategy as Starbucks built up its own digital capability, including a popular app and payment system.

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How Amazon Trained Its Investors to Behave

Harvard Business Review

Well, he's a hedge fund veteran who has always taken a skeptical view of Wall Street, treating it more as a loopy rich uncle than the efficient information processor of standard finance theory. Clayton Christensen has long complained that standard financial metrics can be enemies of innovation and growth. How has Bezos done this?

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Greece’s Problem Is More Complicated than Austerity

Harvard Business Review

In his first four months in office, he put his signature to 403 documents, 245 of which were approvals for travel for himself and his appointees. What happened was that the EU and taxpayers got dodgy Greek debt to help EU (but non-Greek) banks and hedge funds, which duly made a killing. In a country slipping from 1.8%

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Five Rules for Innovating in a Shaky Economy

Harvard Business Review

When stock markets gyrate and growth prospects darken, it's tempting to rein in innovation programs and hoard cash. Companies can do five things to hedge their bets in turbulent times while opening up options for the future: 1. However many big projects become inflexible, travelling on rails to a fixed destination.

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The Future of Cities Depends on Innovative Financing

Harvard Business Review

As I travel to urban development conferences, I often hear people bemoan an infrastructure funding gap, but the hard truth is there is no funding gap. Investors from hedge funds to insurance companies are operating in an environment of low yields, near-zero interest rates, and a glut of savings. Innovation in Cities.