Six vital strategies for successfully implementing changes in industry
Human beings naturally resist change, with research suggesting more than half of change initiatives attempted in the architecture, engineering and construction industry fail.
Higher frequency of financial reporting hinders corporate innovation
A more relaxed approach to reporting requirements gives managers the space they require to focus less on short-term increments to appease shareholders, and more scope to increase expenditure on more valuable projects
Rise in between-workplace inequalities in high-income countries
Rising inequality between-workplaces occurs when firms with powerful market positions outsource production and services to temporary labor firms, subcontractors, global supply chains, franchisees, independent contractors and other low-wage firms.
Tax incentives for businesses could contribute to the decline of the middle class
America—like other countries—seems hell-bent on destroying its middle class. And since the middle class pays the bulk of the taxes the treasury receives, they may be in the process of destroying the country as well.
Negative interest rate policies are backfiring
A good example of unintended consequences. A number of noted economists contend that we are in the age of late-stage capitalism. The problem seems to be that few politicians, central bankers or even academics know with any certainty where we go from here.
When does a small gift become a bribe?
If a sales agent brings their customer a small gift, the customer is much more likely to make a purchase, a new study has shown
Collaboration as an effective strategy.
One of the key theoretical problems in devising a model which will help bring people together is to resolve the issue of the “Tragedy of the Commons.” This is a term used in social science to describe a situation in a shared-resource system (a team, a community, a business) where individual users acting according to their own self-interest behave contrary to the common good, depleting or spoiling that resource through their actions. One of the key problems encountered in ‘Stochastic games’ can resolve Tragedy of the Commons according to a team of researchers.
Join our tribe
Subscribe to Dr. Bob Murray’s Today’s Research, a free weekly roundup of the latest research in a wide range of scientific disciplines. Explore leadership, strategy, culture, business and social trends, and executive health.