Monthly Archives: March 2016

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    Businesses need an Industrial Internet of Things strategy right now

Businesses need an Industrial Internet of Things strategy right now

The Industrial Internet of Things (IIoT) has the ring of some disturbingly dystopian vision of the future. It feels daunting, sub-human. Put such thoughts to one side and it presents a myriad of opportunities.

First, let us try to understand the concept and the potential. In its report, “Driving Unconventional Growth through the Industrial Internet of Things,” Accenture describes IIoT: […]

Leading the Inclusive City — Book Review

Leading the Inclusive City: Place-based innovation for a bounded planet. Robin Hambleton. Policy Press. 2014.

According to the United Nations website, humanity has entered “the dawn of a new urban era”. By 2025 most of the top 20 megacities will exist outside North America and Europe and instead in countries like India, China, and elsewhere in central and south-east Asia. However, […]

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    If the UK leaves the EU, any path it chooses would carry economic costs

If the UK leaves the EU, any path it chooses would carry economic costs

To make an informed decision on the merits of leaving the European Union (EU), UK voters need to know more about what the government would do following Brexit. Just as the parties put forward policy manifestos in the run-up to an election, they should publish their plans for a post-Brexit world before the referendum.

The report notes that it is highly uncertain what the […]

Crime costs Latin America 3 percent of its annual GDP

Crime and violence are of major concern in Latin America and the Caribbean. One in four citizens in the region claim that insecurity is the main problem in their lives, even worse than unemployment or the state of the economy. While the region is home to fewer than nine percent of the world’s population, it accounts for 33 percent […]

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    The deceleration of emerging markets needs to be taken seriously

The deceleration of emerging markets needs to be taken seriously

The helm of global economic and finance punditocracy converged in Davos between 20 and 23 January 2016 for the annual World Economic Forum under the theme ‘Mastering the Fourth Industrial Revolution’. The theme would be eclipsed by talk on the volatility roller coaster that had rocked the markets at the start of the year with ‘China’ being the near […]

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    How investment analysts frame information matters to their careers

How investment analysts frame information matters to their careers

Institutional Investor’s All-American ranking is the Oscars of sell-side securities analysis. Sell-side analysts work for investment banks or independent research firms to gather, interpret, and disseminate knowledge about a particular industry. Unlike buy-side analysts, who make actual investment decisions, sell-side analysts offer their audience of institutional investors – such as chief investment officers and portfolio managers of money management […]

Courts should regulate Uber, not ban it

The ‘sharing economy’ matches people who want to share assets online. Rather than buying a power drill that I only need for 15 minutes, for example, I can just rent one from someone else who’s not using theirs. Such efficiency gains may come at a cost for the traditional economy. Manufacturers of power drills might see profits shrink due […]

March 3rd, 2016|Economics, Georgios Petropoulos|Comments Off on Courts should regulate Uber, not ban it|
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    Mindfulness has big impacts for performance, decision-making and career longevity

Mindfulness has big impacts for performance, decision-making and career longevity

Mindfulness has become the rage these days, from Wall Street to Westminster Hall. The surge has inspired major organisations like Google, Virgin Atlantic, Barclays Bank, British Telecom, and UK Parliament to invest in employee mindfulness training. Some people think mindfulness may be a fad, and who could blame them? Imagining monks running board meetings sounds like the start of […]

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    More customer orientation is not always better for frontline employees

More customer orientation is not always better for frontline employees

In the academic and practitioner community, the emphasis has been placed on how being more customer oriented promotes job satisfaction and improves sales outcome (Brown et al. 2002; Donavan, Brown, and Mowen 2004). Although this absolute level approach (i.e., the more the better) has been the dominant paradigm in customer orientation (CO) research, this neglects the social context in […]

How is big data transforming the financial sector?

Using big data for finance is a trend at the centre of the UK financial sector. The emerging financial services sector is commonly termed ‘fintech’ and while it includes firms in retail financial services, risk analytics and aspects of extensive payment systems, a major element of it focuses on the use of big data and the algorithms appropriate to […]

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    Customer participation is no panacea for the development of new products

Customer participation is no panacea for the development of new products

Firms regularly assume that they can improve their innovation performance by involving customers in new product development (NPD) and tapping into customer knowledge about their needs and potential solutions. However, not all firms have benefitted from this practice. We undertook an investigation to explain why the returns from customer participation vary substantially across contexts and what marketers can do to […]