Tag Archive: happiness

Feb 24

Current measures have huge gaps

Most managers, whether at task, process or organisation level, lack the comprehensive set of performance measures they need to cover all their KRAs (Key Result Areas) In effect, they’re flying blind Current coverage is estimated to be as follows: 90% – Financial results – in particular, Revenue, Costs, Profits – at board level, they might …

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Feb 17

Happiness beats GDP hands down

Economist Ed Conway claims in The Times that “GDP is actually pretty good at measuring the total amount of income generated in Britain” His main point is that: Every politician from right to left obsesses about income above all other measures of progress Yet income comes surprisingly far down the list of what really matters …

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Feb 17

Much innovation not reflected in statistics

Susan Athey, ex Microsoft and now Expedia and winner of a prestigious medal for being the best US technology economist, was interviewed by journalist Ana Fuentes The following are extracts from her article: Q. Global growth, now running at 3.5%, might be a lot higher if we took into account the whole contribution from digitalisation …

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Feb 12

AI pluses versus minuses

We already know Elon Musk, South African born multi-billionaire, predicts that AI (Artificial Intelligence) will be more dangerous than North Korea And legendary physicist Professor Steven Hawking is also wary: “AI has the potential to be the worst event in the history of our civilisation” On the other hand, Microsoft co-founder Bill Gates pooh-poohs their pessimism and …

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Nov 20

Train in what employers need, not what employees like

According to a report by the OECD – Organisation for Economic Co-operation and Development – and the University of Warwick Institute for Employment Research: “Many employees say their skills are not used effectively at work” Encouraging employers  to make the most of their employees’ skills can improve productivity, reduce inequality and contribute to economic growth …

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