Monthly Archives: October 2018

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    Proactive people have greater life satisfaction in late career and early retirement

Proactive people have greater life satisfaction in late career and early retirement

While there are countless studies that focus on the working individual, there are fewer that look at retirees. Yet, the largest generational cohort in the U.S. is retiring in droves. According to the U.S. Social Security Administration, baby boomers are retiring from the workforce at a rate of 10,000 people per day! Thus, as people transition from being employees […]

October 23rd, 2018|Career & Success|0 Comments|
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    The dynamics of (dis)integration in enterprise risk management

The dynamics of (dis)integration in enterprise risk management

When the word ‘integrated’ is associated to a business practice, an organisational environment, or a workplace, it is often good news. The term has a positive connotation in common language, expressing something that is ‘systematic’, ‘comprehensive’, ‘coherent’, ‘cohesive’ etc. Indeed, dictionary definitions leave no doubt. Something is integrated if ‘two or more things [are] combined in order to become […]

Are celebrity women executives good role models for women?

It is well documented that there are few women at the top of organisations. A frequently suggested reason for this scarcity is that women simply lack role models: you cannot be what you cannot see. However, although there may be few senior women who might function as role models in women’s immediate organisational environment, the number of celebrity businesswomen […]

October 22nd, 2018|Gender, LSE alumni|0 Comments|
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    Portfolio Society: On the Capitalist Modes of Prediction – Book Review

Portfolio Society: On the Capitalist Modes of Prediction – Book Review

Portfolio Society: On the Capitalist Modes of Prediction. Ivan Ascher. MIT Press. 2016.

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In Portfolio Society: On the Capitalist Modes of Prediction, Ivan Ascher argues that financial markets have reshaped the contemporary economy, extending Karl Marx’s theory of labour to consider how the abstraction and securitisation of risk in financial markets have profound influence on economic and […]

October 21st, 2018|Book Review|0 Comments|
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    The playing field between YouTube and television will be a bit fairer, but still far from level

The playing field between YouTube and television will be a bit fairer, but still far from level

On 2 October MEP Sabine Verheyen announced: “we have established a fair, level playing field,” celebrating the adoption of the revision to the Audiovisual Media Services Directive (AVMSD), which now will also cover “video sharing platforms” (VSPs). This was an overstatement: the Directive may make things a bit fairer, but can do very little to even out competition for […]

Smart and simple strategy decisions to minimise regret

We like to think that for our strategy work, we will have plenty of time and resources. Armed with both, out of the 10s or 100s of options we have on the table, we will pick the best one.

In this article, we will make the opposite argument. Not only do we not have much time or resources available to […]

Synthetic knowledge and the internet of things

In principle, there is broad consensus that knowledge should be the basis of environmental sustainability policies. Knowledge about the environment is often generated by corporations, in addition to governments, as part of their industrial activities (Mukerji 1989).

The Arctic is an important crossroads of industrial development and environmental preservation (Figure 1), as calculations suggest that it contains one-fourth of the […]

Are blue-collar jobs turning white?

Manual jobs in European manufacturing are being transformed, as blue-collar workers take on more intellectual tasks. This is a consequence of the increasing use of digital tools and the growing importance of quality control in production. The severe losses of medium-paying jobs in the manufacturing sector during the economic crisis raised concerns about its future role and contribution to […]

October 18th, 2018|Future of Work|0 Comments|
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    Gender gaps in promotion: it is also because women apply less

Gender gaps in promotion: it is also because women apply less

A related recent post (Who stays longer, male or female CEOs?) documents that women account for 5 per cent of CEOs of major North American firms as of January 2018 (Catalyst). According to Bertrand and Hallock (2001), they represented 2.5 per cent of top executives in US firms in the 1990s. Even if these two figures are not perfectly […]

October 17th, 2018|CEP, Gender, LSE Authors|0 Comments|

What are green jobs and where are they?

Addressing grand environmental challenges (e.g. climate change) entails adapting the skill base and, thus, the composition of the workforce. Recent interventions both in the form of environmental regulation or of subsidies – i.e. the American Recovery and Reinvestment Act (ARRA) of 2009 and its green component, which accounts approximately for 15 per cent of the overall fiscal stimulus – […]

October 17th, 2018|Economics, Environment|0 Comments|
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    Fracking in the UK: how could a technologically advanced society choose to destroy itself?

Fracking in the UK: how could a technologically advanced society choose to destroy itself?

Prime Minister Theresa May recently doubled down on the Conservative Party’s commitment to the development of hydraulic fracturing of shale gas (‘fracking’) in the UK. In the House of Commons, the Prime Minister proposed £1 billion of additional resources be directed to local communities and councils to support their acceptance of this new source of fossil fuel extraction. Fracking, […]

October 16th, 2018|Environment|1 Comment|

The collapse of leadership theories

After having published an article on servant leadership and another on transformational leadership I became aware that several researchers had examined these theories in order to determine similarities and differences between them. Their purpose was to understand these theories.

A theory can indeed be understood in the way in which it differs from other theories. All knowledge is conceptually mediated […]

October 16th, 2018|Leadership|0 Comments|
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    The age of platforms brings threats and opportunities for the chemical industry

The age of platforms brings threats and opportunities for the chemical industry

Several industries have been disrupted by companies with a platform business model. Think of telecommunications and advertising (Google, Facebook, Tencent); retail (Amazon, Alibaba); travel (Booking.com); music (Apple, Spotify); and entertainment (Netflix). Other sectors are under disruption: from mobility (Uber, Lyft) to payment and financial services (Paypal, Alipay). Platforms are taking over the world.

Although the first sectors to be disrupted […]

Exploring gay entrepreneurship matters

Within contemporary society, entrepreneurship is feted as a pathway to self-efficacy, independence and innovation, whilst also creating employment and generating wealth. Further, it is presumed to be an open site of opportunity as there are no barriers to entry. Yet evidence suggests a strong gendered bias, which since the 1990s has been explored through a focus upon the under-representation […]

October 15th, 2018|Gender|0 Comments|
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    The Value of Everything: Making and Taking in the Global Economy – Book Review

The Value of Everything: Making and Taking in the Global Economy – Book Review

If you are interested in this book review, you may like to listen to a podcast here of Mariana Mazzucato’s LSE lecture, ‘The Value of Everything: Making and Taking in the Global Economy’, recorded on 23 April 2018. 
The Value of Everything: Making and Taking in the Global Economy. Mariana Mazzucato. Allen Lane. 2018.

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Looking at the things around you, […]

October 14th, 2018|Book Review|0 Comments|
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    The jury is in on cannabis legalisation in North America: it’s been a success

The jury is in on cannabis legalisation in North America: it’s been a success

Recently on the LSE USAPP blog, Wayne Hall wrote on the effects of legalized cannabis in North America, arguing that the, ‘jury is still out’ on whether legalization of cannabis has been a good thing. Hall’s analysis focused on issues of youth consumption, dependence, and the potential substitution of alcohol for cannabis. These are his areas of specialization and his assertions […]

October 13th, 2018|Economics, LSE alumni|0 Comments|
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    Zambia’s external debt: distress risk is lurking around in sub-Saharan Africa

Zambia’s external debt: distress risk is lurking around in sub-Saharan Africa

Zambia’s quest for a support facility from the International Monetary Fund (IMF) has been put on hold as the sceptre of external debt distress hangs over the economy. Coming on the back of the Republic of Congo’s default on a $ 478 million payment in June 2016 and Mozambique’s default on a $ 60 million payment in January 2017, […]

Uncertainties and risks of strategy implementation

In a previous post, we talked about how two major dimensions shape the type of strategy work we need to do: 1) the degree of people impact, i.e., how many people the task at hand affects and how much it affects them; and 2) the degree of uncertainty it faces and subsequently addresses.

With this post, we are going to […]

October 11th, 2018|Strategy series|0 Comments|

Are freelancers a breed apart?

Amelia is a web designer. After graduating from ITC in Milan in 2013, she went through a series of precarious, underpaid, jobs in ITC firms until a friend of a friend commissioned her with the development of his firm’s website. It was then that she realised that being a freelancer could be more profitable and satisfying. Amelia now manages […]

October 10th, 2018|Future of Work|2 Comments|
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    Turf wars? Placing geographical indications at the heart of international trade

Turf wars? Placing geographical indications at the heart of international trade

When doing your weekly shop have you ever observed the small blue/yellow and red/yellow circles that appear on the wrappers of Wensleydale cheese or Parma ham? Such indicia are examples of geographical indications (GIs), or appellations: they show that a product possesses certain attributes (taste, smell, texture) that are unique to a specific product and which can only be […]