Planning for the unthinkable
We’ve been so focused on the financial crisis that we’ve neglected to pay attention to other issues, which, if left on the backburner, could upset the status quo. That’s the view of futurist and business strategist Peter Schwartz.
Powering the economic growth engine
It has been a key driving force, powering economies since the Industrial Revolution, yet it continues to take a backseat to other heavily-touted engines of growth, most recently consumer spending.
SMEs in times of crisis: the need for speed
Small- and medium-sized enterprises (SMEs) matter; and without a healthy SME sector, economic recovery is unthinkable and Europe’s future prosperity and competitiveness are at stake. That’s the view of Arndt G. Kirchhoff, CEO of Kirchhoff Automotive and chairman of the SME Committee of business lobby group BusinessEurope.
Upstart: China’s emergence in technology and innovation
It can easily appear as if China can make anything. Yet it makes goods not only at low cost, but now also of high quality, and this constitutes a particularly Chinese brand of innovation that enables China increasingly to shake up global markets. After coming of age in China’s domestic markets, Chinese firms are now replicating their domestic success in global markets by competing on price and quality. The success of the likes of Huawei and Lenovo are indicative of an emerging trend of Chinese
Braving the economic crisis through family values
When the economic crisis hit, the family owned and operated shipping-real estate Romav Group suffered a double-whammy. Practically overnight.
Extending a steady hand to businesses wanting to make a difference
Ever played Mikado or ‘pick-up-sticks’? It’s a game that requires skill, strategic planning
and a steady hand. Serra Titiz decided to call her company 'Mikado' because it's an unusual name name in Turkey, but mostly because that's what her company is there for: to provide skills and strategy and go give a steady hand to businesses which want to make an impact in society.
Social entrepreneurship emerging in India but needs are massive
Social entrepreneurship in India has progressed significantly over the last decade. More and more people are using entrepreneurial skills in building sustainable enterprises for profit and non-profit to effect change in India, says Deval Sanghavi, a former investment banker and now president of Dasra. Based in Mumbai, Dasra is a non-profit organisation which bridges the gap between those investing in social change and those spearheading the changes.
Where Grameen Bank meets e-Bay in an African marketplace (and everyone wins)
While share prices have been falling and banks have been offering measly interest rates, MYC4 investors have been earning an average gross interest rate of 12.9 per cent a year from investments made from the comfort of their home. Too good to be true? According to Mads Kjaer, CEO of the online marketplace MYC4, “investors set the interest rate themselves and bid for it, and many hard-core investors realise even much higher yields.”
Creative entrepreneurs can survive the crisis
Creative entrepreneurs can weather the current global economic crisis better than traditional businesses, says Jean-Claude Larréché, INSEAD professor of marketing. Virgin Atlantic, which was founded by British entrepreneur Sir Richard Branson in 1984, survived and came out stronger after the airline crisis of the early 1990s when many established airlines went bankrupt, notes Larréché. Speaking via satellite, Branson said a lot of opportunities will emerge as a result of the current global e
Arcelor Mittal: Lightening up heavy industry
Steel is one of the industrial sectors under intense pressure to cut greenhouse gas emissions. By its very nature, producing steel consumes a lot of energy, which in turn produces a lot of carbon dioxide. But its not as bleak as all that: the steel industry has been trying for decades to find ways to cut CO2 emissions, says Michel Wurth, a member of the management board of ArcelorMittal, the worlds largest steel maker.
How to Make a Submarine
The science boffins are going to show us how to make a submarine in a
bottle. The submarine in this experiment is known as a Cartesian diver.
It is named after Rene Descartes, a famous French scientist,
mathematician, and philosopher.
The pursuit of value
It’s all too easy, if you have the upper hand in negotiations – whether it be through information asymmetry or generally a more favourable position -- to make full use of a power play in negotiations to get what you want, with the winner taking all and the loser walking away empty-handed, says INSEAD Professor Horacio Falcao. But instead, negotiators should be looking to develop ‘win-win’ strategies that allow all parties to capture some of the value, or at least feel that they were bein
In the world of banking, does size matter?
It was bound to happen. After pouring tens of billions of dollars, pounds and euros: as much as 5.5 per cent of the GDP of advanced economies, according to the International Monetary Fund, governments began to revolt. “If a bank is too big to fail, then it is too big,” the governor of the central bank of Belgium told a newspaper at the end of June. If this is true, then what about the corollary: “Small is beautiful?” If bankers’ bonuses are being capped, should the size of their banks
Credit ratings: buyer beware
“Investors tend to take credit ratings at face value and rely on them too heavily.” So says ESSEC Economics Professor Patricia Langohr, who with her father, INSEAD Finance and Banking Professor Herwig Langohr, has written a book called 'The rating agencies and their credit ratings'.
Harnessing creativity to power up the economy
Creativity is underrated – at least that is what Fredrik Härén, author of The Idea Book believes.
UO Today #461: Sister Helen Prejean
Sister Helen Prejean, author of Dead Man Walking: An Eyewitness Account of the Death Penalty in the United States, discusses her advocacy for the abolition of the death penalty. She spoke at the UO on October 19, 2010. UO Today, the Oregon Humanities Center’s half-hour television interview program, provides a glimpse into the heart of the [...]
The Esperion Story: Biotech Success and Rebirth
The Lundquist Center for Entrepreneurship kicks off its new Distinguished Lecture Series with Dr. Roger Newton, President and CEO of Esperion Therapeutics and co-discoverer of Lipitor, the most prescribed cholesterol-lowering medication in the world. Dr. Newton discusses his ongoing efforts to commercialize cardiovascular treatments and his approach to securing capital and talent under difficult environmental conditions. [...]
Bucking the trend: the Raffles Hotels group takes it slow and steady
Contrary to the way many companies try to grow their bottom line, the mantra for hospitality group Raffles Hotels & Resorts is slow and steady. And according to its President John M. Johnston, that has served this boutique luxury hotel chain just fine.
The leadership diversity puzzle
They say it’s never a bad time to invest in leadership. But is that still true, even during the worst economic downturn since the Great Depression? Unilever, the food and personal care products giant, thinks so and is putting its money where its mouth is.
Intergroup leadership: a unifying force
As the name suggests, intergroup leadership involves a fair amount of interaction among team members. On paper, it may look simple enough, but in reality, it’s a lot harder to put into practice.