Monthly Archives: November 2019

  • Permalink Gallery

    Brexit will leave the UK worse off economically in all scenarios

Brexit will leave the UK worse off economically in all scenarios

Since the UK voted to leave the European Union in June 2016, Brexit has dominated UK politics and economic policy. Three and a half years after the referendum, the UK is yet to leave the EU, there is no certainty over if or when Brexit will take place, and the shape of future UK-EU relations is yet to be […]

Do tweets from CEOs matter to investors?

Social media provides today’s CEOs a quicker and more direct way to communicate with investors. The Securities and Exchange Commission cleared public companies to use social media to disclose information as long as investors know which social media sites will be used.

Despite the growth in CEOs’ social media use, we know little about how such use affects investors, and […]

November 29th, 2019|Finance|0 Comments|
  • Permalink Gallery

    Mainstreaming environmental, social and corporate governance

Mainstreaming environmental, social and corporate governance

Businesses in today’s marketplace, in both the financial and non-financial sectors, have to pay attention to the environmental and social impact of what they do, as well as to respect high standards of corporate governance. The group of standards is commonly referred to as ‘ESG’. ESG is now a mainstream activity. President Trump resists. He is mistaken (again).

I see […]

Playing at Dr Jekyll and Mr Hyde: the UK job market

The UK labour market, at first glance, seems to be playing at Dr Jekyll and Mr Hyde. Employment (in terms of both levels and rates) is at record highs, yet wage growth has been extraordinarily weak. One view is that these are opposite sides of the same coin. Another, more nuanced standpoint is that record employment is hiding a […]

November 27th, 2019|Economics & Finance|1 Comment|
  • Permalink Gallery

    The trade-offs between labour productivity and decarbonisation

The trade-offs between labour productivity and decarbonisation

In a recent paper, we show how decarbonisation in industrial plants interacts with efficiency-driven initiatives regarding flow management, waste reduction and workforce commitment, which represent three key fields in which high-performance shop floors strive. Inventory turnover reflects our measure for improvements in flow. The ratio of the total manufacturing cost to the cost of materials indicates how efficiently firms carry […]

November 26th, 2019|Environment, Management|0 Comments|
  • Permalink Gallery

    John Van Reenen: ‘A lot of promises are just smoke and mirrors’

John Van Reenen: ‘A lot of promises are just smoke and mirrors’

As director of LSE’s Centre for Economic Performance (CEP) up to 2016, British economist John Van Reenen led a team of academic researchers who produced detailed analysis of the consequences a divorce from the European Union would have on the UK economy. They predicted a fall in GDP, employment, direct investment, wages and productivity. Of these indicators, only employment […]

  • Permalink Gallery

    The Costs of Connection: How Data is Colonizing Human Life and Appropriating It for Capitalism – Book Review

The Costs of Connection: How Data is Colonizing Human Life and Appropriating It for Capitalism – Book Review

The Costs of Connection: How Data is Colonizing Human Life and Appropriating It for Capitalism. Nick Couldry and Ulises A. Mejias. Stanford University Press. 2019.

Find this book: 

The age of Big Data has frequently been framed as a new frontier in human life, presenting both brand new opportunities and brand new challenges. In The Costs of Connection, Nick Couldry […]

Economic insecurity breeds support for the right

Economic insecurity is attracting growing attention in social, academic, and policy circles. It has arguably risen for a number of reasons in recent years: the Great Recession (with its associated job instability), automation and the fear of job loss, the Chinese import shock, and ageing populations and migration, amongst others. As well as its obvious implications for family finances […]

  • Permalink Gallery

    Bedy Yang: ‘Corporations often come from a place of fear of being disrupted’

Bedy Yang: ‘Corporations often come from a place of fear of being disrupted’

Companies that call themselves global do not always count on multicultural employees in their top leadership ranks. We cannot say that about 500 Startups, one of the most active venture capital firms in the world, whose San Francisco-based managing partner Bedy Yang was born of Chinese parents in Brazil and grew up in the town of Foz do Iguaçu, […]

Rethinking privacy in the age of psychological targeting

“Psychological targeting” is the practice of predicting people’s psychological profiles from their digital footprints (e.g. their Facebook profiles, transaction records or Google searches) in order to influence their attitudes, emotions or behaviours with the help of psychologically informed interventions. For example, knowing that a person is extroverted makes it possible to personalise recommendations in a way that aligns with […]

How to turn trust into a competitive advantage

Business is facing an existential trust crisis, a recent article found. Companies from Boeing to Facebook are losing the public’s faith by paying insufficient attention to trust as an important ingredient for answering their stakeholders’ needs. But where there is a crisis, there is an opportunity, too. How can business leaders turn trust into a competitive advantage?

Trust matters because […]

November 20th, 2019|Management, Strategy|2 Comments|

Is the idea of ‘care robots’ an oxymoron?

The idea that technology and the digital revolution will transform our lives and be wholly positive is a familiar trope. Undoubtedly the pace of change is rapid – especially since the arrival of high-speed internet connectivity – and the emergence of interactive and voice-activated devices has progressed from the possible to the common place in very short order. The […]

  • Permalink Gallery

    Jeroen Tas: ‘If we don’t look at the big picture, we can tweak ourselves to oblivion’

Jeroen Tas: ‘If we don’t look at the big picture, we can tweak ourselves to oblivion’

When he bought large orders of light bulbs for the Winter Palace, the Russian Tsar became a high-profile customer of Philips, the Dutch multinational corporation founded in 1891 to produce just that: light bulbs. But the company never limited itself to one line of products. In the 20th century, Philips became a household name, with its brand name stamped on […]

The role of international climate finance initiatives

Financial institutions have a critical role in stepping up the actions against climate change.  In Article 2 of the Paris Agreement, nations agree to scale up finance flows consistently, opening a pathway towards low greenhouse gas emissions and climate-resilient development. Consequently, ‘climate finance’ will continue to remain central to the climate change agenda. The recent United Nations Climate Action […]

November 18th, 2019|Environment|0 Comments|

Power increases cognitive functioning

Life is filled with distractions. Information floods in. Situations change. To successfully navigate these challenges, individuals need to use a set of fundamental mental processes known as executive functions to regulate their thoughts and behaviours. Those with weak executive functions get distracted by temptations and overwhelmed by information; those with strong executive functions stay focused on their goals, and […]

November 18th, 2019|Career & Success|0 Comments|
  • Permalink Gallery

    Capitalism, Alone: The Future of the System That Rules the World – Book Review

Capitalism, Alone: The Future of the System That Rules the World – Book Review

If you are interested in this book review, you can listen to a podcast of Branko Milanovic speaking at the LSE public event, ‘Capitalism, Alone: The Future of the System That Rules the World’.

Capitalism, Alone: The Future of the System That Rules the World. Branko Milanovic. Harvard University Press. 2019.

Find this book: 

Capitalism, Alone by Branko Milanovic is a remarkable book, […]

November 17th, 2019|Book Review|0 Comments|
  • Permalink Gallery

    Eurosceptic votes are less likely when EU interventions visibly boost local job markets

Eurosceptic votes are less likely when EU interventions visibly boost local job markets

Anti-systemic political movements have emerged in recent years in a large number of countries across the globe. These parties generally fuel their public support with anti-elite and anti-establishment rhetoric, which in Europe often translates into a strong critique to the European Union and its institutions. The EU is regarded by the supporters of anti-system movements as distant from the […]

  • Permalink Gallery

    Who has to ‘lean in’ for equal gender representation in leadership roles?

Who has to ‘lean in’ for equal gender representation in leadership roles?

Even though women surpass men in university graduation rates and other skill-based gains, the Conference Board of Canada (2011) found it will take over 151 years for women and men to achieve parity in middle management, let alone senior leadership. Sheryl Sandberg’s book, Lean In (2013), invigorated a worldwide conversation about the representation of women in leadership roles. However, […]

November 15th, 2019|Gender|0 Comments|
  • Permalink Gallery

    Marcelo Lombardo: ‘Cloud management software is revolutionising small firms’

Marcelo Lombardo: ‘Cloud management software is revolutionising small firms’

Earlier this year, San Francisco-based venture capital firm Riverwood Capital invested US$ 20 million in Omie, a Brazilian start-up that provides small and medium businesses (SMBs) with an AI-powered business management software. Omie’s genius idea was to focus on small firms, not served by larger management software services. By automating business functions, the company essentially eliminates the massive amount […]

Transforming the labour governance of global supply chains

Activists and academics alike hailed the conclusion of the Accord on Fire and Building Safety which offered hope that lessons had been learned from the carnage of the 2013 Rana Plaza building collapse in Bangladesh. Lauded as a “landmark,” a “gamechanger,” a “breakthrough,” this transnational industrial relations agreement (TIRA) between 222 global brands and retailers and IndustriALL and UNI […]