Employment subsidies to reward companies with rising productivity
Employment subsidies to reward companies with rising productivity “Sources said the reform is meant to increase support to growth companies as well as encourage small to medium-size companies to raise their productivity now that the minimum wage is set to go up.” “Math will be involved in evaluating whether companies meet the requirement. An indicator…
Michael Porter is inspired by Iceland
Michael Porter is the Bishop William Lawrence University Professor at Harvard Business School. He is a leading authority on company strategy and the competitiveness of nations and regions. Why Iceland Along with having one of the lowest corporate tax rate in Europe, Iceland has a highly educated workforce which is ranked among the highest in…
Mapping supply chains
Mapping supply chains with megaretailer Marks & Spencer New supply chain mapping tool by Marks and Spencer. ‘The two industries covered in the mapping tool, food and garment production, are prime examples of an escalation in advocacy efforts and consumer education campaigns related to supply chains… Supply chain-focused groups such as Fashion Revolution have been…
US productivity slips for first time in three decades
“Last year it looked like we were entering into a productivity crisis: now we are right in it,” said Bart van Ark, the Conference Board’s chief economist. “Companies really need to invest seriously in innovation. It is time for companies to move on the productivity agenda to turn this story around.” Unless the rate of…
The challenge of organizational change
Collegues at McKinsey remember the challenge of organizational change and technics to improve its results. “Large-scale organizational change has always been difficult, and there’s no shortage of research showing that a majority of transformations continue to fail. Today’s dynamic environment adds an extra level of urgency and complexity. Companies must increasingly react to sudden shifts…
