September was a bad press month for Ireland. The month started with Boone and Johnston[1] noting that each family in Ireland could end up being liable for Euro200,000 of public debt by 2015. Munchau[2] talked of the possibility of default and Carey and Ashton[3] provided us with a case study analysis of how the banking [...]
Just take a look at a major stock market index and the roller-coaster route that it has traveled over the last 6 months. Taking the FTSE 100 index, we have the highs of elation in April with a rise to 5,800 followed a roll into depression at the end of June with the loss of [...]
We have been used to a world where technology has, arguably, been the primary driver of change. Well, will technology continue its role as the architect of change for the next decade? The IT research group Gartner certainty thinks so. Earlier this month it issued a news release profiling its latest research – putting forward [...]
An interesting article appeared in today’s Financial Times[1] noting the failure of recently released 3D films – which may have implications for the take up of the next wave of consumer-focused innovation – 3D TV. Here in the double-dip threatened UK, 3DTV will follow hard on the heals of full HD TV sales. The underlying [...]
Those of you who are regular readers of my blog will be familiar with my view that the real impact of any recession is felt when the economists call the recession over. It’s only after a recession is technically closed that the real driving forces of change (I’m talking primarily political and socio-demographic drivers here) [...]
Arguably two books, published over the last twenty years, have made a profound impact on the way that business leaders see the future world. One is Fukuyama’s The End of History and the Last Man[1] arguing that western-based liberal democracy will spread across the globe. The other is Friedman’s The World is Flat [2] making [...]
My proposition has always been that it is the period after a recession that is most relevant for business strategy. Typically, changes in, for example, consumer behaviour that we witness during the recession are merely short-term reactions. The time to get out and find out how customers’ needs are more permanently changing is after the [...]
John Kay (Beware the cult of the heroic chief executive FT, June 9) provides us with an excellent summary of the failings of the dominant, heroic leader. My research, conducted after the 1990s recession, shows that a special type of leadership is required if organisations are going to successfully pick their way through a changed [...]
Unfortunately, the world never moves in straight lines. That’s why predicting the future, especially when making business plans, is so difficult. A recent review of one long-term projection, Britain in 2010[1], a study prepared in in 1990 looking at the features of the UK in 2010, emphasizes this point. If we compare the projections made [...]
The perfect storm awaiting businesses in the developed world and the research that I have been conducting with a team drawn from Cass Business School and the Chartered Insurance Institute are summarised in the FT Adviser.
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