ByHBR.org
It is undoubtedly and incontrovertibly true that global extreme poverty has declined as capitalism has driven globalization – the trade between and among nations – to increase over time. Certainly, there are arguments to be made that the growth in wealth has also been increasingly concentrated in the hands of fewer people, but the world…
A few noteworthy events have led European banking to reach a proverbial point of no return. It’s no wonder that investors are running out of patience with European bank chieftains. Since the unfortunate fall of Lehman Brothers in 2008, eight of Europe’s biggest banks (including Deutsche Bank) have had to layoff around 100,000 employees, pay billions…
With this insert, McKinsey & Company means that in order to speed innovation and fend off disruption, R&D organizations at incumbent companies can borrow the tools and techniques that digital natives use to get ahead. Starting with the premises that between rising customer expectations and unpredictable moves by digital attackers, the existence of R&D organizations at…
Chesapeake Energy and its CEO, Aubrey McClendon, have been the public face of the U.S. shale gas revolution, which is as celebrated for its role in transforming energy geopolitics as it is feared for the potential environmental impacts of its key technology – hydraulic fracturing, or ‘fracking.’ Now, allegations of scandal at Chesapeake, the nation’s…
When it comes to research in the field of psychology, it’s important to consider how results may be skewed. While undergraduates in the field of psychology are often at the disposal of researchers looking for subjects, and willing to participate for a variety of reasons, subjects selected are often not representative of humanity as a…
I love the smell of machine oil. I love to hear the clanging and clanking of machinery in operation. I love the banging when one machine hammers away at a piece of metal to form it into something new or the high-pitched “whir” of a loom or spinner in operation. And I love the way huge apparatus groan…
