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 […]
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 […]
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 […]
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 […]
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, […]
“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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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, […]
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 […]