Economics

Two Corning Glass Works products illustrate the use of various forecasting techniques. Managers and forecasters should consider three issues when approaching...

Web3 is being touted as the future of the internet. The vision for this new, blockchain-based web includes cryptocurrencies, NFTs, DAOs, decentralized...

They expect a “short and shallow” downturn.

Everybody wins with this program.

Many people have wrongly assumed that political freedom would follow new economic freedoms in China and that its economic growth would have to be built...

According to an analysis led by Ranjay Gulati, during the recessions of 1980, 1990, and 2000, 17% of the 4,700 public companies studied fared very badly:...

Why your money is worth less than it used to be.

In this article, co-authors B. Joseph Pine II and James Gilmore, founders of the management consulting firm Strategic Horizons, preview the likely characteristics...

The new commercial reality is the emergence of global markets for standardized consumer products on a previously unimagined scale of magnitude. Technology,...

During economic slowdowns, consulting, law, and accounting firms often start offering services and taking on clients they really shouldn't, just to keep...

A look back at the taxi business illustrates what OpenAI's newest model might mean for creative work.

Many cling to the idea that reducing staff is the fastest, easiest way to cut costs. But there are smarter, more humane approaches.

Three strategies to embed DEI into your core business practices — and make your efforts recession-proof.

The capital asset pricing model (CAPM) is a theoretical representation of the way financial markets behave. It can be used to estimate a company's cost...

Most entrepreneurs understand that if the fundamentals of a business idea—the management team, the market opportunities, the operating systems and controls—are sound, chances are there’s money out there. The challenge of landing that capital to grow a company can be exhilarating. But as exciting as the money search may be, it is equally threatening. Built […]

Many companies consider age a competitive disadvantage. Here's why they're wrong.

The primary goal of forecasting is to identify the full range of possibilities facing a company, society, or the world at large. In this article, Saffo...

More hours in the day. It's one thing everyone wants, and yet it's impossible to attain. But what if you could free up significant time--maybe as much...

Like it or not, English is the global language of business. Today 1.75 billion people speak English at a useful level--that's one in four of us. Multinational...

Over the past decade, 360-degree feedback has revolutionized performance management. But one of its components--peer appraisal--consistently stymies executives...