Remove Cost Remove GDP Remove Leadership Remove Operations
article thumbnail

Working Mothers Are Important Contributors to the U.S. Labor Force

HR Digest

They also reported an average $340 per week cost to send a child to a daycare facility. The report also indicated that employers with children who are three and below can cost employers $1,150 per year as a result of inadequate child care, and a total business loss of $12.7 billion across companies.

GDP 98
article thumbnail

The Case for Investing More in People

Harvard Business Review

In the decade between 2005 and 2015, labor productivity in the US as measured by GDP per labor hour was less than 1% for 7 of the 10 years, according to the OECD. In turn, the company is achieving lower levels of employee and customer churn, and correspondingly lower employee hiring and customer acquisition costs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How GE and IBM are Playing Global Development to Win

Harvard Business Review

Four years ago, GE initiated a strategy to compete more effectively in Africa, one of the fastest growing regions in the world in terms of GDP. The company’s leadership moved proactively to accelerate it and shape it. “If Playing development to win does have costs. GE did more than take advantage of growth as it came.

article thumbnail

Your Board Should Be Full of Activists

Harvard Business Review

Among their trophies in 2014 was a complete housecleaning at Darden Restaurants, the largest operator of full-service restaurants in the U.S. Vanguard holds more than $3 trillion in assets, making it the equivalent of the world’s fifth largest country in GDP, ahead of France. Is the cost structure too high?

article thumbnail

The Irish Banking Crisis: A Parable

Harvard Business Review

Heres what orthodox economics would have predicted for a country without banks: A collapse in the money supply, a credit crunch, a trade implosion, mass unemployment, an atomized GDP, and the gears of industry and commerce grinding to a crashing halt. But perhaps the costs have risen, too. But perhaps the costs have risen, too.

Banking 16
article thumbnail

Value-Based Health Care Is Inevitable and That’s Good

Harvard Business Review

That breakthrough is value-based care, the goal of which is to lower health care costs and improve quality and outcomes. Instead, it will be about costs and patient outcomes: quicker recoveries, fewer readmissions, lower infection rates, and fewer medical errors, to name a few. Lowering Costs Without Compromising Quality.

article thumbnail

Backdoor Government Decryption Hurts My Business and Yours

Harvard Business Review

It is the backbone of the digital economy that contributes up to 8% of the GDP of G-20 economies. For example, Carbonite now operates several directly-owned or reseller-owned data centers deployed across Europe. Recent disclosure of digital spying abroad is expected to cost U.S. Insight Center. The Future of Cybersecurity.