EDITOR'S PICK STRATEGY The Power Of Small Changes: How Marginal Gains Lead To Extraordinary Success Key Takeaway: The British cycling team’s 2008 Beijing Olympics victory was a result of a simple strategy: the pursuit of marginal gains. The team’s coach, Sir Dave Brailsford, believed that success could be achieved by making a series of 1% improvements across every aspect of the cyclists’ gear, stamina, and physical conditioning. This principle, known […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK STRATEGY The Business Impact Of Reduced Marketing Key Takeaway: A study published in The Journal of Marketing suggests that businesses often cut their marketing budgets for short-term savings, but these cuts can cause long-term problems. The study gathered transcripts of nearly 25,000 earnings calls held by public companies from 2008 to 2019. The more earnings-oriented language in the calls, the more likely […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SCIENCE The Democracy Of Bees Key Takeaway: Honey bees, originally tropical insects, evolved complex nest-choosing patterns 600,000 years ago to survive cold climates. However, research into honey bee pressures and behavior rarely takes into account these nest preferences. Researchers have found that tree nests lose less heat than conventional hives and that features of man-made hives inserted for convenience increase […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK The Global Orange Juice Crisis Key Takeaway: Orange juice shortages are causing prices to increase by over 20% annually, primarily due to the impact of citrus greening disease on Brazil’s orange harvest. Short-term solutions include mixing new crops with frozen juice and lobbying for relaxed UN food regulations to allow the addition of other citrus fruits. However, these solutions would […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK STRATEGY Humility Is The Secret To Leadership? Key Takeaway: A study has found that humble leaders can become more promotable by growing others through a “humility route”. Human capital theory suggests that employees’ value can be enhanced by investing in their knowledge, skills, and abilities. Humble leaders focus on the learning and growth of their followers, creating human capital value for themselves. […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE Democratising Finance Through Artificial Intelligence Key Takeaway: Artificial intelligence (AI) is revolutionizing investment by making professional financial insight and portfolio management accessible to everyone. AI-powered robo-advisers, such as Betterment and Vanguard, are democratizing investment and providing tailored advice to a new generation of investors. With 31% of gen Zs and 20% of millennials using robo-advisers, the financial industry is adapting […] Saving Bookmark this article Bookmarked
EDITOR'S PICK FINANCE Why We Will Never Master The Financial Markets Key Takeaways: Stock market enthusiasts often claim to predict financial market trends with great accuracy, but this is not possible due to the uncertainty and unpredictable nature of the environments in which we make daily decisions. Human cognition tends to favor a reductionist approach to information processing, sometimes called “tunneling,” which can lead to biased […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SOCIOLOGY Are Rich People More Intelligent? Key Takeaway: Intelligence is a crucial factor in determining one’s wealth, as it contributes to economic and professional success. It is the best predictor of both educational achievement and work performance, and academic and professional success are a fairly good forecaster of income. However, not all highly intelligent people are primarily driven by a desire […] Saving Bookmark this article Bookmarked
ART & DESIGN CULTURE EDITOR'S PICK How To Tell If Luxury Goods Are Worth It Key Takeaway: Designer fashion has seen significant growth since the pandemic, with luxury brands like Louis Vuitton and Burberry experiencing 86% higher sales growth. The rise of athleisure and designer collaborations like Manolo Blahnik for Birkenstock, Gucci x Adidas, and Burberry x Supreme have made luxury more accessible. However, high prices can affect the longevity […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK POLITICS Lego’s Sustainability Dilemma Key Takeaway: Lego, the world’s largest toy manufacturer, has pulled out of its “Bottles to Bricks” initiative, which aimed to replace traditional Lego plastic with recycled plastic bottles. The company found that producing bricks with recycled plastic would require extra materials and energy, leading to higher carbon emissions. This decision is part of a larger […] Saving Bookmark this article Bookmarked
The Upcoming Revolution For Global Internet Access Key Takeaway: High-altitude platform stations (HAPS) are emerging as a new frontier in communications technology, offering a unique blend of accessibility and affordability. Positioned between 4 and 30 miles above Earth, these stations bring telecommunications equipment closer to the surface than satellites, resulting in stronger, higher-capacity signals. Researchers have demonstrated that HAPS could provide high-speed […] Written by Empirics Asia September 6, 2024September 6, 2024 Saving Bookmark this article Bookmarked
The Mystery Of Horse Domestication Key Takeaway: Horse domestication remains a mystery, despite its significant impact on human civilization. The Indo-European or “Kurgan hypothesis” suggests that horse domestication began on the steppes of western Asia, specifically among the Yamnaya people. However, recent advances in technology have revealed that the horses from the Botai culture were not the ancestors of today’s […] Written by Empirics Asia September 5, 2024September 5, 2024 Saving Bookmark this article Bookmarked
Quantum Physics Meets A.I. Key Takeaway: Quantum tunnelling, a phenomenon from quantum mechanics, has been applied to artificial intelligence (AI) to create a neural network that mimics human perception of optical illusions. This neural network, trained to recognize optical illusions like the Necker cube and Rubin’s vase, exhibits a state of ambiguity, mirroring human ambiguity in perception. This finding […] Written by Empirics Asia August 30, 2024August 30, 2024 Saving Bookmark this article Bookmarked
The Power Of Small Changes: How Marginal Gains Lead To Extraordinary Success Key Takeaway: The British cycling team’s 2008 Beijing Olympics victory was a result of a simple strategy: the pursuit of marginal gains. The team’s coach, Sir Dave Brailsford, believed that success could be achieved by making a series of 1% improvements across every aspect of the cyclists’ gear, stamina, and physical conditioning. This principle, known […] Written by Empirics Asia August 29, 2024August 29, 2024 Saving Bookmark this article Bookmarked
The Science Of Choosing The Perfect Bottle Of Wine Key Takeaway: Wine is a popular choice for many cultures, but its value is subjective and influenced by personal taste. Wine reviews, such as the 100-point scale, are rated based on quality relative to similar grape varieties and regions. However, the integrity of these reviews is debated, with some arguing that financial arrangements can influence […] Written by Empirics Asia August 28, 2024August 28, 2024 Saving Bookmark this article Bookmarked
The Hidden Power Of Underwater Avalanches Key Takeaway: A study examining an ancient underwater avalanche off the coast of Morocco has challenged our understanding of these powerful events and their potential to disrupt global communications and infrastructure. These avalanches, also known as turbidity currents, are difficult to observe and measure, but their impact is undeniable, particularly on the intricate web of […] Written by Empirics Asia August 27, 2024August 27, 2024 Saving Bookmark this article Bookmarked
Reviving State Power: The New Era of Industrial Policy Key Takeaway: State intervention in global economics is gaining momentum, particularly since the 2010s, due to financial crises, geopolitical tensions, and the fragility of global supply chains. The relationship between exports and protectionism is complex, as successful industrial and trade policies often blend export promotion with elements of protectionism. South Korea and Taiwan have used […] Written by Empirics Asia August 26, 2024August 26, 2024 Saving Bookmark this article Bookmarked
Rethinking Education Key Takeaways: The Industrial model of education that fueled the modern era and its dizzying reach did its job incredibly well. In his writing, Flynn illustrates study after study, spanning nations and decades, in which modern educational gift of abstraction — a transcendent sign of intelligence, as we saw in Raven’s Matrices — has been […] Written by Anthony Fieldman March 2, 2022October 19, 2022 Saving Bookmark this article Bookmarked
How China Is Transforming Its Economy Through Learning 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 […] Written by Enrique Dans February 1, 2021February 1, 2021 Saving Bookmark this article Bookmarked
Why You’re Not Seeing Success With Influencer Marketing With the new year around the corner, now is a good time to re-evaluate your past marketing strategies and gear up for the year ahead. For some businesses, influencer marketing has simply not seemed to live up to its lofty promises of genuine engagement, credibility, and transparency. Some have claimed that it has been failing […] Written by Michael Tan January 14, 2021January 15, 2021 Saving Bookmark this article Bookmarked
A New Philosophy of Business I’m about to ask you to take a mental leap. For the next 8 minutes, suspend your notions of what a business is, and I’ll propose a new lens for you to look through. There are a lot of questions asked around what “community” means for business. “Where should community fit in my organization?” and […] Written by Empirics Asia September 5, 2018September 5, 2018 Saving Bookmark this article Bookmarked