Ideas to Action
In the U.S., municipal governments raise revenue through property taxes, based on a percentage of the value of land and all the structures built upon it. But economists have long recognized a problem: The higher the value of the structures, the higher the tax will be, which means that property owners are disincentivized from building on their land.
Advances in AI and machine learning algorithms that can collect, interpret and generate data are happening fast. What happens when organizations automate managerial processes in pursuit of productivity gains? How might having an AI “boss” make people feel about themselves, their jobs and their status within the organizations that employ them?
Smart technology will completely change both your way of life and your way of working. We will live in the most disruptive time for the workforce since the Great Depression. What does this mean for millions of lives, for the public school system and for society at large? And what is to be done about it?
Professor Saras Sarasvathy discusses the virtues of the “middle class of business,” what she calls enduring companies that grow steadily but not massively and that create jobs and spur economies. Teaching entrepreneurship is akin to teaching the scientific method to those who aren’t scientists, and the mindset can help solve problems in the world.
From the explosion of Generative AI to the evolution of the hybrid workplace, disruption has become the “norm” for business. How will business and society be shaped by disruption in 2024?
Is Silicon Valley the next Detroit? Despite layoffs in Big Tech, there are reasons to remain optimistic that the Bay Area can continue to avoid the fate of so many communities that have seen their prospects dim as their once hot new industry faded. The key is to avoid stagnation by encouraging vigorous competition.
Darden Professor Anthony Palomba discusses how consumers perceive streaming services based on the companies’ original series, and how those series inform customer loyalty and the value viewers place on a brand associated with shows they find appealing.
How can those seeking to create diverse, equitable and inclusive workspaces bring opposing sides into alignment? The answer: Consider the various stakeholders in an organization as taking part in a multi-party, multi-issue negotiation. Here are three key tactics for leaders to use in an organizational context to implement DEIB more effectively.
Low-cost renewable power: Husk Power Systems uses the world’s largest fleet of solar hybrid minigrids to provide power to remote rural communities across South Asia — with an agricultural waste product. Professor Saras Sarasvathy discusses how entrepreneurship is a method to build a better world and unleash human potential.
How do individuals make decisions in situations involving risk? How do we instinctually trade off the potential for a gain with the potential for loss? Most individuals fear losses more than they like gain, and the choice of reference point shifts our perception of gains and losses. Can we better understand the way we make choices?