Governments: The next heroes of innovation
Businessam Staff
November 10, 2017
ECONOMICS & FINANCE Sami Mahroum, INSEAD Senior Lecturer As the world’s biggest buyers of goods and services, governments can play a starring role in the pursuit of knowledge-economy reforms. The word “innovation” tends to conjure up images of eager start-up entrepreneurs or, alternatively, that of global corporations endowed with R&D budgets the size of small national economies. […]
Retail trading ripe for fintech disruption
Businessam StaffNovember 10, 2017
ECONOMICS & FINANCE Warren Lee, Fintech Strategist, DBS Bank (INSEAD EMFin), and Theodoros Evgeniou, INSEAD Professor of Decision Sciences and Technology Management Start-ups in the capital market space are a small part of the fintech world but find multiple opportunities to disrupt retail trading.There are currently around 8,000 fintech start-ups globally, revolutionising lending, retail banking and […]
Leadership is a journey, not a destination
Businessam StaffNovember 7, 2017
LEADERSHIP & ORGANISATIONS Ian C. Woodward, INSEAD Professor of Management Practice and Director of the INSEAD Advanced Management Programme Every context requires different talents and skills, so leaders must stay deeply aware and learn to adjust themselves along the way.Whether you are a leader of today or tomorrow – and no matter your field – […]
One question leaders should ask themselves
Businessam StaffNovember 6, 2017
Venugopal Gupta, Founder & CEO, Venture Works (INSEAD MBA ‘06J) Creativity and innovation are unlocked by leaders who enable others. A personal care company that is part of my acceleration portfolio could never have envisioned sharing prime retail space with the giants in its product category. Thanks to e-commerce, it does so today […]
Ecosystems are the future of insurance
Businessam StaffOctober 31, 2017
ENTREPRENEURSHIP Sangeet Paul Choudary, INSEAD Entrepreneur-in-Residence, Founder & CEO of Platformation Labs The coming shift to insurer ecosystems presents a vast opportunity for value creation. Tesla has already changed the rules of the transportation and energy industries. Up next might be insurance. Earlier this year, Tesla announced that it would offer lifetime auto insurance bundled with the cost of […]
When to abandon an unresolved project
Businessam StaffOctober 30, 2017
STRATEGY Kevin F. McCardle, Professor, UCLA Anderson School of Management; Ilia Tsetlin, INSEAD Professor of Decision Sciences; Robert L. Winkler, James B. Duke Professor, Duke Fuqua School of Business Successful breakthroughs are always elusive, so don’t get too attached to any one prospect. Academics and corporate innovators both spend their workdays pursuing breakthroughs that may never […]
The three altitudes of leadership
Businessam StaffOctober 28, 2017
LEADERSHIP & ORGANISATIONS Ian C. Woodward, INSEAD Professor of Management Practice and Director of the INSEAD Advanced Management Leaders must cultivate the seamless ability to mix forward-vision thinking, tactical execution and self-awareness – across the altitudes of leadership. High altitudes hold a special place in the history of human achievement. We remember Sir Edmund Hillary […]
Eight ways to unlock the power of community
Businessam StaffOctober 27, 2017
LEADERSHIP & ORGANISATIONS Ravi Kaneriya, Head of Asia for Social Engagement at the World Economic Forum A common goal, shared experiences and a sense of camaraderie breaks down walls and fosters collaboration. Strong communities enable emotional support and access to the resources and networks of other community members. Exchange of knowledge and skills leads to […]
The invisible roots of community resilience
Businessam StaffOctober 25, 2017
RESPONSIBILITY Henrich Greve, INSEAD Professor of Entrepreneurship Why some communities pull together in the wake of disaster, and others fall apart. The true test of togetherness for any community is how it responds when disaster strikes. In the face of a crisis, close-knit communities pull together and deliver help where needed, whereas people who are […]
Local capacity building crucial to contain pandemics
Businessam StaffOctober 25, 2017
OPERATIONS Luk Van Wassenhove, INSEAD Professor of Technology and Operations Management Building local capabilities and supply chains is half the battle in winning the war on pandemics. Richard Brennan, Director of Emergency Operations at the World Health Organization (WHO), was director of the organisation’s Department of Emergency Risk Management and Humanitarian Response during the Ebola […]