3: Testing the limits Choosing Jim and Marianne as the central case study in the course was a deliberate strategy to enable you to consider conflicts at the very heart of health and social care: the rights of the individual versus the rights of the community the nature of community for people who have no settled abode dilemmas about apportioning limited resources. Following their story is a way of testing the limits of hea
Choosing Jim and Marianne as the central case study in the course was a deliberate strategy to enable you to consider conflicts at the very heart of health and social care:
the rights of the individual versus the rights of the community
the nature of community for people who have no settled abode
dilemmas about apportioning limited resources.
Following their story is a way of testing the limits of hea
Scoliosis Assessment and Classification
Systematically assessment of patients with spinal deformity and predicting the physiologic impact on cardiopulmonary function in both pediatric and adult patients can influence the quality of life for of spinal deformity patients considerably. Classification of scoliosis allows for some prediction of its risk of deterioration over time and can influence treatment. Severe curves can have a known adverse effect on lung and heart function. University of Washington dcotors review the correlation of
T4 Tips Podcast #26 - iMovie '08
A brief tour of the all-new, all-different iMovie '08
Consolidation in turbulent times
Lufthansa carried a total of 70.5 million passengers last year and was ranked number one by IATA (International Air Transport Association) for having carried the most number of passengers on international scheduled routes, leaving number two Air France lagging some 20 per cent behind.
Australian banks well positioned to weather the financial crisis
In comparison to the battered banks elsewhere, Australia’s ‘big four’ banks have been “holding up very well” relative to their counterparts in the US and Europe, which have either filed for bankruptcy or have sought government bailouts, says John Schubert, chairman of the Commonwealth Bank of Australia, the country’s biggest lender by market capitalisation.
We should heed the lessons of the collapse of the ‘golden age’: a personal view
When I teach my macroeconomics class for the MBAs at INSEAD, I always discuss the Great Depression and the lecture ends on an optimistic tone with a simple statement: “The Great Depression will never happen again”. I firmly believed this because there is a widespread consensus that the Great Depression was a result of a sequence of policy mistakes. Economists have learned what policies should be applied to avoid the Great Depression.
Unfortunately, I have to revise my optimism now.
Personal view: Welcome, ‘Stateholder’
The amount of government capital injected into the so-called “private economy” since mid-2008 is unprecedented. The United States and United Kingdom led the way, but many other countries drifted into the same uncharted waters. So now what?
Why are we constantly surprised by the emergence of crises such as the current financial meltdown, and what are the lessons that we can apply when tackling these?
The illusion of control: dancing with chance
Looking back, it may seem obvious that there was insufficient risk management in the financial industry. In a new book called ‘Dance with chance, making luck work for you’ authors Spyros Makridakis, Robin Hogarth and Anil Gaba suggest that while there are events that you can’t anticipate, there are better ways of dealing with risk.
SME financing: small businesses struggle to survive the downturn
When it comes to securing financial support, entrepreneur Jack Ma, chairman and CEO of China’s Alibaba Group, has this advice for small and medium-sized enterprises: don’t rely on the government and the banks; rely instead on your family and friends.
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.
Entrepreneurship: Riding rapid growth in India and China
INSEAD Affiliate Professor of Entrepreneurship and Family Enterprise Patrick Turner examines the development of entrepreneurship in the two Asian giants.
Buybacks are back: strategy pays off with returns of 103.5 per cent in first year
In April 2009 we published a list of 24 stocks on the INSEAD Knowledge website (see Table 1). The stocks were chosen on the basis of the strategy outlined in our paper ( The Nature and Persistence of Buyback Anomalies, Review of Financial Studies, 2009), which is a more refined implementation of buyback investing, first proposed by Ikenberry, Lakonishok and Vermaelen (Market underreaction to open market repurchases, Journal of Financial Economics, 1995). The basic strategy is to invest in US com
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
Measuring the effectiveness of corporate governance
Trust is the foundation of sustainable development. As the world continues to get smaller, our mutual interdependence increases and we all need to be able to mobilise the resources and goodwill of others to achieve success. That can only be achieved through gaining their trust. Therefore, the ability to gain the trust of global financial markets and of all the stakeholders in the value chain is becoming the key to success.
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'.
Microsoft's Courtois: Using technology to tackle climate change
Tackling climate change for Europe is 'an incredible opportunity to innovate and compete with the rest of the world.' That's the view of Microsoft International President Jean-Philippe Courtois. Technology can help by linking entrepreneurs to academics, venture capitalists and big business, Courtois says.
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. [...]
The Merck Orchestra: using Mendelssohn to teach leadership
Ranging in size anywhere from 80 to 100 musicians, a symphony orchestra not only provides a magnificent sound, but an engaging illustration of how leadership works. As pharmaceutical company Merck has discovered, watching an orchestra rehearse is an invaluable lesson in corporate management.
The price of perception
How much is Tiger Woods worth to an advertiser? What about George Clooney? What is the value of Facebook or Bebo? The answers are all different, but they all come down to perception.