In general we understand the role and appreciate that an expert who functions as our decision-making proxy makes for a much better museum-going experience
Marketers habitually find it hard to quantify the value of what they do, and their use of social networks is the latest manifestation of this difficulty. Why is it so hard to determine the business value of social networks? This article explores the slippery slope of coming up with a useful ‘social media ROI’ and offers new ways to understand social networking’s value proposition
Does economic inequality provide incentives for success? Does it introduce instability into the financial system? A political scientist, Jacob S. Hacker and Robert J. Shiller, an economist discuss how inequality affects government, markets, and the risks faced by ordinary people
Can proceeds from bonds pay for vaccines in poor nations? This article presents an overview of impact investing with special emphasis on social impact bonds
When managers evaluate potential new businesses, the first question they often ask is: How fast is the market growing? By focusing only on growth, however, they often overlook another critical measure of market potential — high turnover of the customer base. High turnover can make a market dynamic, even when the overall growth rate is low
It was once unthinkable that international aid would be so intensely scrutinized as it is today. But academics and observers have concluded that the very problems and ills international aid was supposed to cure still exist, despite the billions that have been poured into countries. This author, long active in the field, suggests that there are a series of best practices that, when followed, will enable managers in the field to get the results that will make a difference
In The Innovator's DNA, authors Jeff Dyer , Hal Gergersen, and Clayton M. Christensen build on the idea of disruptive innovation to outline the five discovery skills that distinguish the Steve Jobses and Jeff Bezoses of the world from the run-of-the-mill corporate managers
Implications for the financial structure of large firms
Usha Thorat, Director, Centre for Advanced Financial Research and Learning (CAFRAL) and former Deputy Governor, Reserve Bank of India (RBI), was at the Indian School of Business (ISB) recently. Professor Rajesh Chakrabarti interviewed her regarding financial inclusion and the role of microfinance companies and Urban Cooperative Banks (UCB) in improving financial access
What education tomorrow’s business leaders need?