BUSINESS & ECONOMICS

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The announcement last week by El Salvador’s President Nayib Bukele that his country would be adopting bitcoin as legal tender, made during a live broadcast at the Bitcoin 2021 conference held in Miami, and subsequently approved four days later by the Central American country’s Parliament, sent the cryptocurrency’s share price up by 5%. In recent weeks, Bitcoin’s value had been hit by increasingly stringent controls over its use in […]
  1. BUSINESS & ECONOMICS
  2. EDITOR'S PICK
  3. STRATEGY
  4. TECHNOLOGY
As a user first of Mosaic and then of Netscape, I was not alone in seeing the arrival of Microsoft’s Internet Explorer back in 1995 as an attempt by a company that had completely underestimated the importance of the internet, that had seen the emergence of the Netscape phenomenon, to use the dirty trick of bundling it into the operating […]
  1. BUSINESS & ECONOMICS
  2. ENTREPRENEURSHIP
  3. TECHNOLOGY
A BloombergNEF report commissioned by Transport & Environment forecasts 2027 as the year when electric vehicles will start to become cheaper to manufacture than their internal combustion equivalents across all segments, mainly due to a sharp drop in battery prices and the appearance of new models by more manufacturers. Batteries, which have fallen in price by 88% over the past […]
  1. BUSINESS & ECONOMICS
  2. EDITOR'S PICK
  3. ENTREPRENEURSHIP
  4. STRATEGY
  5. TECHNOLOGY
On April 17, when NASA revealed the result of its competition to develop a spacecraft to take astronauts back to the moon, it was clear that Elon Musk’s strategy of leveraging economies of scale had passed yet another milestone. The competition pitted three proposals: Dynetics, a regular supplier to the Department of Defense; Blue Origin, Jeff Bezos’ aerospace […]

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Value creation is the essence of business. Value is what attracts and keeps customers. Value is what attracts and retains employees. It’s also what attracts and maintains relationships with investors, suppliers, distributors and the wide range of other stakeholders who are critical to the firm’s long-term success. A business that does not create value will eventually […]

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I highly recommend reading the McKinsey Global Institute’s new report, “Reskilling China: Transforming The World’s Largest Workforce Into Lifelong Learners”, which focuses on the country’s biggest employment challenge, re-training its workforce and the adoption of practices such as lifelong learning to address the growing digital transformation of its productive fabric. How to transform the country […]

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