An excellent article follows, by Daniele Tavani, Colorado State University, USA – reprinted in full One of the most spectacular facts of the last two centuries of economic history is the exponential growth in GDP per capita in most of the world. Figure 1 shows the rise (and the difference) in living standards for five countries …
Category: 04. Drivers
Apr 08
AI increases productivity
By 2021, artificial intelligence (AI) will allow the rate of innovation of Filipino companies to increase by 1.7 times, and nearly double employee productivity gains in the Philippines, according to a study titled Future Ready Business: Assessing Asia Pacific’s Growth Potential Through AI The study made by Microsoft and IDC (International Data Corp.) surveyed 109 …
Apr 06
New technology needs new models
According to the WEF – World Economic Forum – manufacturing executives today are confronted with an enormous variety of promising new technologies, ranging from artificial intelligence to connected machinery to 3D printing, all of them offering some combination of cost savings, quality improvements and increased flexibility They then say it’s tempting to think that a …
Apr 02
Gallup’s ‘most profound’ finding
The Wall Street Journal suggested there could be a single fix for many of the big problems that companies experience – hiring better middle managers They based this on a Gallup study that found a company’s productivity depended on the quality of these crucial leaders – managers don’t just influence results, they explain a full …
Mar 30
Catching the right fish
With globalisation, all organisations can fish for new recruits in the one big pond But the most successful anglers are they who hire on merit, not in their own image, according to Tomas Chamorro-Premuzic, a professor of business psychology at Columbia University in his book Why Do So Many Incompetent Men Become Leaders An article …