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Don’t Let Incumbents Hold Back the Future

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Like many other people, I thought the (thankfully temporary) decision by the French Council of State to force Uber and other app-based car summoning services to bake in a 15-minute delay, so as not to compete unfairly with taxis, was a classic example of Eurosclerosis, of Gallic dirigisme run amok, and lots of other bad and un-American things.

But then I read James Surowiecki’s recent column about the regulatory barriers that ...

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How Companies Can Leverage Global Trends to Drive Growth

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New global trends such as aging or geo-political risks compel companies to recast their growth strategies. Mauro Guillen of Wharton’s Lauder Institute offers ways to navigate these uncharted waters.

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The Growth Strategies of Israel’s Burgeoning Medical Device Sector

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Israeli start-ups focused on medical devices are building a strong pipeline of innovations that are redefining the way different conditions are treated.

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Can Charisma Be Taught?

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Brain Games

The Charm Hacker

Matter

Olivia Fox Cabane is an introvert who was an outcast in school. Today she earns six figures teaching people, mostly up-and-coming Silicon Valley leaders, how to be charismatic. Her story is not only an inspiring one of adapting self-help narratives and neuroscience to “trick” her own mind; it’s also a tale couched in almost a century ...

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Why Entrepreneurs Will Beat Multinationals to the Bottom of the Pyramid

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C.K. Prahalad and Stuart Hart’s seminal book The Fortune at the Bottom of the Pyramid gained a wide audience when it was published in 2004 and has continued to be widely read ever since. Its iconic phrase, “bottom of the pyramid,” entered the English lexicon. The book was a call to action to the world’s largest companies to develop new products for the four billion people living on $4 a day or less—a market representing what was in effect the new ...

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Why Entrepreneurs Will Beat Multinationals to the Bottom of the Pyramid

Posted by:

C.K. Prahalad and Stuart Hart’s seminal book The Fortune at the Bottom of the Pyramid gained a wide audience when it was published in 2004 and has continued to be widely read ever since. Its iconic phrase, “bottom of the pyramid,” entered the English lexicon. The book was a call to action to the world’s largest companies to develop new products for the four billion people living on $4 a day or less—a market representing what was in effect the new ...

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Midsized Firms Can’t Afford Bad Bets

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CEOs of midsized companies who make big bets can lose the farm. The executives of Fortune 500 companies might be able to lose the same bet with impunity, and the founders of venture capital-funded startups are only renting the farm (with the VC’s money) anyway. But for a midsize company, an ambitious investment that you don’t have the wherewithal to execute on can be fatal.

These travails don’t just happen to declining midsized firms making the business equivalent of a Hail ...

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Midsized Firms Can’t Afford Bad Bets

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CEOs of midsized companies who make big bets can lose the farm. The executives of Fortune 500 companies might be able to lose the same bet with impunity, and the founders of venture capital-funded startups are only renting the farm (with the VC’s money) anyway. But for a midsize company, an ambitious investment that you don’t have the wherewithal to execute on can be fatal.

These travails don’t just happen to declining midsized firms making the business equivalent of a Hail ...

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Your Tendency to Put Things Off May Have Been Inherited

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46% of the trait of procrastination is due to genetic influences, according to a study of hundreds of sets of twins. The research also lends support to a theory that procrastination, in its tendency to undermine adherence to long-term goals, is a byproduct of impulsivity, which may have had an evolutionary origin: Hunter-gatherers had an advantage if they acted swiftly to satisfy their survival needs. Your genetics don’t necessarily condemn you to a life of procrastination: The 46% figure means ...

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Privacy Is a Business Opportunity

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Technology innovation and the power of data analytics present tremendous value, but also new challenges. While a digital economy requires businesses to rethink priorities and practices, this doesn’t have to be a burden. Instead, privacy protection should be a practice as fundamental to the business as customer service. Privacy is an essential element of being a good business partner. It may take time for this idea to sink in at the highest executive levels of some companies, but the conversation ...

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