HR Digest

JULY 5, 2021

Developments in digital technologies, inclusive of artificial intelligence (AI) and automation, are estimated by some to create the potential for a tremendous reduction in the volume of work. Across the OECD, spending on worker training and development has been declining over the last twenty years. IMPROVING WORK MARKET DYNAMISM.

Human Capital 122

Human Capital How To Incentives Human Resources 122

The Horizons Tracker

FEBRUARY 12, 2020

This narrative was further explored in a recent study that also set to take into account things like energy prices alongside the quality of management. of global GDP. Perhaps unsurprisingly, the analysis found that subsidies matter, but that better managed companies appear to respond to the external environment more intensely.

Energy 90

Energy Quality Banking GDP 90

The Horizons Tracker

MARCH 15, 2022

For instance, during 2020, GDP in advanced economies plummeted, with many businesses having to shut for prolonged periods, and nearly all having to rapidly adapt to the changing conditions. The Covid pandemic has undoubtedly been one of the most disruptive periods in most organizations’ history. Organizational agility.

Company 127

Company Hofstede Supply Chain Agility 127

The Horizons Tracker

MARCH 3, 2022

million Central Americans who have tried to move in the last five years around $10 billion, which equates to around 10% of the annual GDP of Honduras. Of those who had attempted migrate, around 57% had managed to do so successfully, with 33% returning home. Various routes. Paths forward.

GDP 70

GDP Cost Report Incentives 70

The Horizons Tracker

MARCH 16, 2021

The researchers developed a dynamic spatial model that includes factors that contribute to higher wages (labor market agglomeration), higher rents, the costs associated with moving, and other locational preferences. The GDP of the larger cities was found to decline by 16%, but there was also a decline in GDP of 2.4%

GDP 93

GDP Quality Media Incentives 93

Strategy Driven

NOVEMBER 25, 2019

But Google CEO Sundar Pichai thinks that AI will have a bigger impact on the development of human life. PWC believes global GDP will rise by 14% by 2030 due to AI. AI will soon be used as a marketing tool and will be developed for a more personalised email marketing campaign, changing the landscape of marketing.

Banking 74

Banking GDP Insurance Globalization 74

The Horizons Tracker

MARCH 25, 2020

The report suggests that if rates were broadly equal, then global GDP would grow by up to 6%, which would boost the global economy by an incredible $5 trillion. It’s a discrepancy that has been tackled head on by Invest NI, a regional development agency in the country.

Entrepreneur 121

Entrepreneur GDP Restructuring Policies 121

Harvard Business Review

APRIL 12, 2016

state and city could add at least 5% to GDP by 2025 by advancing the economic potential of women. states could add more than 10%, and the nation’s 50 largest cities could add between 6% and 13% of GDP. trillion GDP opportunity would require the creation of 6.4 trillion in value per year, and it isn’t included in GDP.)

GDP 8

GDP Policies McKinsey Politics 8

Harvard Business Review

APRIL 9, 2014

Earlier this week, Nigeria ascended to the position of Africa’s largest economy following a recalculation of its GDP by the country’s National Bureau of Statistics. The long overdue exercise (the last one was in 1990) nearly doubled the country’s economy pushing GDP up to $510bn from $270bn.

GDP 8

GDP Human Capital Film Consensus 8

Harvard Business Review

MARCH 11, 2011

In case you skimmed too fast to get the point, here it is: that favored benchmark of national performance, GDP growth or GDP per capita, is a distortion of reality that guides us to decisions contrary to what people really want. What is seldom mentioned is that our economic statistics contain plenty of subjectivity.

GDP 15

GDP Learning-by-Doing Benchmarking Policies 15

Harvard Business Review

MAY 24, 2017

Today’s executives spend a lot of time managing the balance sheet, despite the fact that it doesn’t represent their company’s scarcest resource. According to Bain’s Macro Trends Group, the global supply of capital stands at nearly 10 times global GDP. How can we manage human capital better? Measure it.

Human Capital 15

Human Capital Management Company ROCE 15

Strategy Driven

MAY 11, 2016

As Christine Lagarde, Managing Director of the International Monetary Fund states: if women were employed at the same rate as men, GDP would increase by 5 percent in the United States, by 9 percent in Japan and by 27 percent in India. Gender inequality, as we can see, is a reality and not only in the developing countries.

Mentor 50

Mentor GDP Education Engineering 50

Harvard Business Review

NOVEMBER 1, 2011

These days, many people agree that, just as the full measure of a man can't be taken by his banker, the full measure of a nation isn't reflected in its GDP. Obviously, this is relevant to managers because they are often the drivers of entrepreneurial activity as well as the inspiration to the next generation of entrepreneurs.

GDP 12

GDP Social Capital Globalization Entrepreneur 12

Harvard Business Review

FEBRUARY 8, 2018

Theories and practices of management often spring from the opportunities created by new technologies. Client-server technology begat enterprise resource planning systems, and the consequent system-wide visibility that was required for what we call business process management (BPM). yagi studio/Getty Images.

Management 13

Management Software BPM Technology 13

Harvard Business Review

SEPTEMBER 5, 2016

economy amounts to more than $3 trillion in lost economic output, or about 17% of GDP. million managers, first-line supervisors, and administrators in the American workforce in 2014. That works out to one manager and administrator for every 4.7 Overall, managers and administrators made up 17.6% of the U.S.

Cost 8

Cost Bureaucracy GDP Management 8

Harvard Business Review

SEPTEMBER 28, 2012

America doubled down on a strategy of suburbs, automobiles, housing, and the debt-fueled trappings of a consumer economy, which worked like gangbusters, boosting GDP for the nation, creating millions of jobs, and swelling corporate profits left and right. style corporate management seems to be leading in an unproductive direction.

Management 15

Management GDP Retail Automotive 15

The Horizons Tracker

OCTOBER 30, 2019

They suggest that while the last 30 years have been typified by increasing Asian consumption and integration into the global flow of trade and innovation, the coming decades will see Asian economies driving and determining the direction of these flows, with the region set to account for 50% of global GDP by 2040.

Marketing 45

Marketing McKinsey Innovation GDP 45

Next Level Blog

OCTOBER 4, 2010

leads the world in health expenditures as a percentage of GDP at 16.5%. It’s common to hear someone say about the U.S., “We We have the best health care system in the world.” Based on what facts? According to World Health Organization stats, the U.S. doesn’t even make the top 10 countries for healthy life expectancy.

Health Care 166

Health Care Insurance Executive Coaching Blog 166

Harvard Business Review

OCTOBER 25, 2018

These “superstar” sectors include financial services such as banking, insurance, and asset management, professional services, internet and software, real estate, and pharmaceuticals and medical products. Using our metric of GDP and personal income per capita, we identify 50 top superstar cities.

Industry 13

Industry Company GDP Bottom-up 13

Harvard Business Review

JUNE 13, 2012

Now think about how companies approach their community development and CSR programs. In some parts of the world government mismanagement of community development (deliberate or otherwise) has led to civil strife, sometimes resulting in armed conflict, creating a security scenario where business simply cannot continue to operate.

Development 14

Development Porter Banking Long-term 14

Harvard Business Review

NOVEMBER 29, 2013

Its gross domestic product has surged from less than $150 billion in 1978 to $8,227 billion in 2012 (see “China’s GDP” chart below). Despite these impressive achievements, there is still plenty of room for catch up, with China’s per capita GDP only a fifth of the U.S. percentage points of GDP growth in 1979-1989, 0.5

GDP 13

GDP Supply Chain Globalization Technology 13

Harvard Business Review

APRIL 16, 2014

Most big corporations follow global development trends. That is the reactive approach to economic development. CEOs are proactively engaging with emerging market government to spur economic development and create opportunities for their companies. They are playing development to win. General Electric is a good example.

Globalization 8

Globalization Development Supply Chain Long-term 8

Harvard Business Review

JANUARY 18, 2011

But it is often the processes that helped create and manage these technologies that prove most enduring. Understanding the most important management innovations of the past will inform how we continue to expand and build on our knowledge to improve the innovation process in the future and advance human progress.

Innovation 15

Innovation Supply Chain Management Six Sigma 15

Harvard Business Review

AUGUST 5, 2015

In most countries, both developed and developing, private employment and median family income have stopped growing at the same pace as labor productivity and real GDP per capita—mostly due, they argue, to technological advances. The theme: Claiming Our Humanity — Managing in the Digital Age.

GDP 8

GDP Porter Education Globalization 8

Harvard Business Review

JUNE 23, 2014

Lloyd Blankfein recently told a TV audience that income inequality is “very destabilizing” and that “too much of the GDP over the last generation has gone to too few of the people.” Nearly every developed nation with less inequality than our own has a strong labor movement. Compensation Talent management'

Management 8

Management Business Model Class GDP 8

Harvard Business Review

OCTOBER 17, 2018

It finds that AI could (in aggregate and netting out competition effects and transition costs) deliver an additional $13 trillion to global GDP by 2030, averaging about 1.2% GDP growth a year across the period. The average effect on GDP depends on multiple factors. A race between firms.

GDP 11

GDP McKinsey Long-term Technology 11

Harvard Business Review

JUNE 28, 2012

Especially in the world's most fragile states, economic development is critical to stability. Foreign aid, which can account for to up to 97 percent of a nation's GDP, is neither a long-term nor a sustainable solution to help the citizens of these fragile countries. SME owners face a slew of obstacles in conflict zones.

GDP 15

GDP Entrepreneur Finance Training 15

Harvard Business Review

AUGUST 29, 2017

The company also aspired to raise the overseas portion of its revenue in response to the projected shrinking of the Japanese GDP as a portion of global GDP ( from 12% in 2006 to 3% in 2050 ) and wanted to expand its global talent pool. Above all, company aspired to become the number one internet services company in the world.

Succession 15

Succession Globalization Tacit Knowledge GDP 15

Harvard Business Review

MAY 1, 2017

times global GDP) to more than $600 trillion (9.5 times global GDP). Our models suggest that by 2025 global financial capital could easily surpass a quadrillion dollars, more than 10 times global GDP. In our experience, companies still focus more on cutting costs than on developing and executing new growth strategies.

ROE 14

ROE Long-term GDP Six Sigma 14

Harvard Business Review

JANUARY 20, 2015

Without an acceleration in productivity growth, the rate of global GDP growth is set to decline by 40% from 3.6% MGI has identified sufficient opportunities to boost productivity growth to 4% in the 19 national economies of the G20 group plus Nigeria, which together account for 80% of world GDP. a year between 1964 and 2012 to only 2.1%

Globalization 8

Globalization Products Productivity GDP 8

Harvard Business Review

SEPTEMBER 13, 2017

Such improvements could help cut the costs of traffic congestion ( about 1% of GDP globally ), road accidents ( 1.25 The shift to next-generation mobility systems, however, won’t be easy for cities to manage. million deaths in 2015 ), and air pollution (health problems like respiratory ailments).

Transportation 11

Transportation Technology GDP Policies 11

Harvard Business Review

FEBRUARY 5, 2016

While SSA was predicted to grow above 5% year-over-year in 2015 at the beginning of the year, actual GDP growth is more likely to come in at around 3–4% year-over-year. Growth in 2016 is unlikely to be much higher. For example, the chart shows East African markets, such as Ethiopia, Kenya, and Tanzania, in the upper right quadrant.

GDP 8

GDP Politics Marketing Bottom-up 8

Harvard Business Review

SEPTEMBER 4, 2017

Productivity in most developed economies has been anemic. 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. Unfortunately, this virtuous cycle appears to be broken. And wages are stagnant.

Human Capital 15

Human Capital Kaizen Agility Energy 15

Harvard Business Review

NOVEMBER 6, 2013

The plan is expected to outline policies intended to ensure that China continues to see average annual GDP growth of 7% through this decade, the growth rate required to meet Premier Li Keqiang’s stated goal of doubling GDP by 2020. Which Management Style Will China Adopt? What Needs to Change. An HBR Insight Center.

GDP 8

GDP Fixed Assets Globalization Survey 8

Harvard Business Review

MARCH 31, 2014

Whichever way you look at it, the countries producing the majority of the next generation of workers are still the ones least able to help them develop. Collectively, the UN projects, the less developed regions of the world “will grow 58% over 50 years, as opposed to 2% for more developed regions.

GDP 8

GDP Education Finance Globalization 8

Harvard Business Review

APRIL 11, 2013

of GDP (PDF) is necessary to raise infrastructure in the region to the standard of developed East Asian countries. Just to keep pace with anticipated global GDP growth, the world needs to spend $57 trillion , or on average $3.2 trillion a year, on infrastructure over the next 18 years. There are three routes to getting there: 1.

Transportation 8

Transportation GDP Globalization Finance 8

Harvard Business Review

OCTOBER 29, 2012

First, don't just focus on the budget and the schedule; make sure you're also managing strategy and key stakeholders. And finally, double-down on stringent project management. GDP growth isn’t actually all that good a predictor of income growth for ordinary working households." Easier said than done. TRICKLE DOWN PETERS OUT.

GDP 8

GDP McKinsey Budgeting Bottom-up 8