Back in business
One way or other, the global financial crisis has brought distress to the lives of people, be it in the form of lost jobs, lower wages or losses on investments.
There are a lucky few, however, for whom their business gets a boost when the economy goes down. These include the distressed asset buyers who stand to profit from the crisis, motivated by the same reason that drives bargain hunters to pick up cheap offers at fire sales. And the big question facing them now is: buy now or later?
Tackling the financial crisis by changing tack
China, one of Asia’s economic powerhouses, is not immune to the global financial crisis despite enjoying double-digit growth in the last five years and being poised to achieve nine per cent growth this year. Share prices in Shanghai have fallen 72 per cent and house prices have come down 55 per cent. Demand has plummeted and thousands of factories have closed because of cancelled or delayed export orders.
Sustainability: a business opportunity
By the year 2040, only 15 per cent of the world's population will be living in what are now called developed countries. It's therefore essential for today's business planners to start focusing on the rest of the planet. Fortunately a strategy centred on emerging markets can be both financially profitable and socially responsible, says Barbara Kux of the Dutch multinational Royal Philips Electronics.
"Developing countries are a fantastic source of opportunities for companies," says Kux,
Kick-starting growth in Europe in the face of global competition
With European growth lagging behind that of Asia, the issue of how Europe can kick-start its economy came under the spotlight at the Leadership Summit.
Shell CEO van der Veer: Carbon dioxide regulation necessary to make the markets work
If governments do not intervene, industries will meet the growing demands for energy in the cheapest way possible, and carbon dioxide (CO2) emissions will increase. That puts Jeroen van der Veer, CEO of Royal Dutch Shell plc, one of the worlds leading petroleum companies, in an odd position: a leading capitalist campaigning for more government regulation.
Creating a climate for change
A new INSEAD-European Business Summit report on climate change has highlighted a surge in green activities by US entrepreneurs, backed by venture capital. Until 2005, the amount of VC funds invested in clean technologies such as solar and wind power had been running almost neck and neck in the US and Europe. But then there was a sudden surge of VC interest in the US in 2005, the report says, which resulted in US firms raising $4.5 billion in VC funds to invest in clean technology the fol
A nuclear renaissance?
In an age of dwindling natural resources and expanding economies, more countries are turning to nuclear power. According to Mark Fitzpatrick, Senior Fellow for Non-proliferation at the International Institute for Strategic Studies in London, not since the Cold War has there been such renewed interest in nuclear -- though this time, the agenda is different.
Fulfilling the vision for knowledge-driven growth in the UAE
In an interview for INSEAD Knowledge, UAE Minister of Higher Education and Scientific Research, Sheikh Nahayan Mabarak Al Nahayan talks to INSEAD Professor Stephen Mezias about the challenges facing education in the Gulf and about INSEAD's role in the region.
Copenhagen: what should investors be demanding from companies?
The outcome of the Copenhagen climate conference may have disappointed some business leaders and may not be the ‘Global Deal’ that many, including the UK’s Carbon Trust, had been hoping for, but it is being touted as another small step forward in the long process towards reducing carbon emissions.
Fighting for trade: China and the threat of protectionism
In a global economic environment still reeling from the financial crisis and a vast contraction in world trade, the fight between countries for market share – and ultimately revenue – has become even more intense. Governments have faced pressure from their constituents to save and create jobs and wealth, and in the complex system governing commerce between countries, desperate times seem to have inspired desperate protectionist measures. Having in 2009 become the world's leading exporting na
Energy’s final frontier?
For Peter Sage, the sky isn’t really the limit. It’s even higher, somewhere around 36,000 kilometres above the Earth’s atmosphere.
An entrepreneur with twenty years’ experience, Sage’s latest start-up venture, Space Energy, aims to deliver space-based solar power (SBSP) by collecting and transmitting energy using satellites positioned in space. The catchall: energy on demand, 24 hours a day.
Call me anything except Junior
The new Oliver Stone film W explores an important concern for business and wealthy families - how parent-child relationships shape a child's personality development and, specifically, individual drives and motivations. The coming of age drama could be many family businesses where a feckless son struggles to redeem himself by overtaking his preferred younger sibling to succeed his father as head of the family dynasty.
Dynamic architecture, rotating tower: yes, but will it fly?
For the past two years, David Fisher has made a name for himself by building towers in the sky. Literally. For, despite the earthly icons he’s received for his architectural concept (Time Magazine Best Invention award in 2008 and a citation as Best Architect in 2008 by the Trump-supported Florida-based Developers and Builders Alliance), so far the 80-storey 1,300-foot tower exists solely in his lofty imagination. It’s been there for a while.
A practical guide to managing innovation
What does innovation mean? It used to relate mainly to products and that's still important. But over the last decade or so, businesses have been putting more and more emphasis on innovating new services and business models as well. In light of this, it's time companies take another look at how they manage innovation.
Alstom: Clean power needed to reduce CO2 emissions
Mankind will keep using fossil fuels to generate electricity for many decades to come, and will need all the help it can get to curb emissions of carbon dioxide, or CO2, that go with burning fossil fuels. That's according to Alstom, a leading manufacturer of power turbines and a company which sells equipment to make coal power stations cleaner and more efficient. It is also developing techniques to capture and store CO2.
UO Today #457: James Harper / James Tice
James Harper, Art History, and James Tice, Architecture, discuss the exhibit they co-curated entitled “Giuseppe Vasi’s Rome: Lasting Impressions From The Age Of The Grand Tour” in an interview conducted in the exhibit hall at the Jordan Schnitzer Museum of Art. UO Today, the Oregon Humanities Center’s half-hour television interview program, provides a glimpse into the [...]
Leadership today: less charisma, more consensus
When you think of words to describe good leadership, ‘charisma’ usually comes somewhere near the top of the list. After all, all the good ideas in the world won’t get anywhere if you aren’t compelling enough to get people to listen to you. But not all successful CEOs are charismatic and today’s complex and profound economic crisis has created a real challenge both for executives and for the professionals who train them.
Advice to direct marketers: let the people do the talking
The explosion of social networking sites has been a boon for direct marketers. For the hundreds of millions of users of Facebook, MySpace, YouTube and so on, they are fun ways to communicate with their friends and make more friends. But for marketers they are huge databases of consumer information.
More expensive medication may be more potent
Marketing variables not only influence peoples perceptions and expectations, they actually influence the real efficacy of products such as medications. This is according to Ziv Carmon, INSEAD Professor of Marketing, who, along with Rebecca Waber and Dan Ariely from MIT and Baba Shiv from Stanford, tested the effect of price on the efficacy of a medication by administering electric shocks to those taking part in the study to test their resistance to pain.
Surfing on rocks with ‘Miss Daisy’
‘A journey of a thousand miles must begin with a single step,’ goes the ancient Chinese proverb. The modern-day, Peter Schindler version goes: ‘A journey of 21,000 kilometers in a yellow sports car starts with a slightly eccentric Swiss national, driven to explore the Chinese countryside.’