Strengthening democracy in Europe
Announcing the new €15M Google.org Impact Challenge
Development Imperatives in Africa: What of Tech?
There are many, ways to evaluate Africa’s expensiveness in the tech space and determine what drives African development. Conclusions may point to interests in robotics, Artificial Intelligence (AI), and telecommunications. This paper attempts to add to the body of literary commentary on this issue a view of the nature of the African population demographics, the youth dividend, and the impact of geopolitics, geoeconomics, and current multilateralism on their potential and role…
Tariffs on Chinese electric vehicles and their impact on Europe
On 14 May, United States President Joe Biden announced new tariffs on China under Section 301 of the Trade Act of 1974 (unfair trade) . The additional tariffs – on top of earlier tariffs, including those imposed by President Trump – cover imports from China in several sectors, including semiconductors (tariff rises from 25 percent to 50 percent), solar cells (from 25 percent to 50 percent), electric vehicle batteries (from 7.5…
Ceasing to be UK Tax Resident – Don’t Get it Wrong
It is January 2025 and two people are sitting at the departure gate at Heathrow waiting for their (inevitably) delayed flight to the Bahamas. They start a conversation and talk about why they are flying to this Caribbean island. Person A, Mrs Sunseeker, explains to Person B, that she had lived in the UK for a long time as a resident “non-dom,” but that expected changes to the tax rules…
Serbia and the Republic of Srpska: Is a Common Future Possible?
[After the start of Russia’s special military operation in Ukraine, Western pressure on the Republic of Serbia, the Republic of Srpska and all Serbian people on the territory of the former Yugoslavia increased. The fact that the Republic of Serbia has not imposed sanctions against the Russian Federation has contributed especially to renewed Western political violence against Serbia. Serbs have been put at risk because the Republic of Serbia and…
The Six Dimensions of Winning Teams
Goals, values and rules: securing the team’s missionGoals, values and rules are three distinct and complementary ways to bond team members. Together, these elements create the solidarity needed for group members to become a true team. Goals are the foundational element of teams. They provide a shared purpose and direction for the team's efforts. Once goals are established, values and rules then come into play and define how those goals will be achieved.Values are the…
Owning The Oceans
The fascination with the sea is as old as man. The famous cry—thalatta, thalatta—of Xenophon’s beleaguered 10,000 Greek soldiers (or of what remained of them) upon seeing the familiar waters of the Black Sea after returning from war, showed a loving familiarity with the sea. The Romans embraced the Mediterranean as their own sea—Mare Nostrum—even if they faced it with some trepidation, preferring to have their legions firmly grounded on…
‘This is what my school was missing’
If Lerone A. Martin, the faculty director for Stanford’s Martin Luther King, Jr. Research and Education Institute, harbored any doubts about teaching his popular undergraduate course via the Internet to high schoolers in Los Angeles, they vanished when the results of a student survey arrived midway through the semester. When asked about the class, Between Malcolm X and Martin Luther King, Jr.: Race, Religion, and the Politics of Freedom, three…
Global governance: Goals and lessons for AI
As AI policy conversations expanded last year, they started to be punctuated by repeated references to unexpected abbreviations. Not the usual short names for new AI models or machine learning jargon, but acronyms for the different international institutions that today govern civil aviation, nuclear power, and global capital flows. This piqued our curiosity. We wanted to go deeper and learn more about how approaches to governing civil aviation might apply…
New Maryland Law Places New Restrictions on Noncompete Agreements for Health Care and Veterinary Professionals
Quick Hits Maryland’s HB 1388 imposes greater restrictions on Maryland employers entering noncompete and conflict of interest agreements with both health care and veterinary professionals. HB 1388 prohibits restrictions for certain employees who are required to be licensed under the Health Occupations Article and certain employees who are licensed as a veterinary practitioner or veterinary technician under Title 2, Subtitle 3 of the Agriculture Article. HB 1388 takes effect on…
ServiceNow and Microsoft expand strategic alliance using AI
New ServiceNow Now Assist and Microsoft Copilot integration brings the power of two generative AI assistants into one seamless enterprise experience LAS VEGAS — May 8, 2024 — Knowledge 2024 — Today at ServiceNow’s annual customer and partner event, Knowledge 2024, ServiceNow (NYSE: NOW) and Microsoft Corp. (NASDAQ: MSFT) announced an expanded strategic alliance, combining their industry-leading generative AI capabilities to enhance employee choice and flexibility. The new ServiceNow Now…
The growing importance of software product marketing managers
Making great products is not enough in software these days. The “build it, and they will come” mindset will no longer lead to success in this ever-competitive space. As software products become more sophisticated and customers more discerning, the path to market acceptance has become much more complicated. Companies need different capabilities to navigate this more challenging environment, with sustainable success increasingly requiring a role devoted to understanding and priming…
If Pain, Yes Gain – Part 122: Connecticut Revamps Statewide Paid Sick Leave Law
What You Need to Know: On May 6, 2024, the Connecticut legislature passed a bill (HB No. 5005) amending a number of key aspects of the Connecticut statewide Paid Sick Leave Law. The bill was signed into law by Governor Ned Lamont on May 21, 2024. Some of the notable substantive amendments to Connecticut Paid Sick Leave include (a) expansions of which employers are subject to the law, which individuals…
Internet use statistically associated with higher wellbeing, finds new global Oxford study
The study encompassed more than two million participants psychological wellbeing from 2006-2021 across 168 countries, in relation to internet use and psychological well-being across 33,792 different statistical models and subsets of data, 84.9% of associations between internet connectivity and wellbeing were positive and statistically significant. The study analysed data from two million individuals aged 15 to 99 in 168 countries, including Latin America, Asia, and Africa and found internet access and…
Ya Xu on building AI and machine learning products
In this episode of McKinsey on Building Products, a podcast dedicated to the exploration of software product management and engineering, McKinsey partner Rikki Singh spoke to Dr. Ya Xu, vice president of engineering and head of data and AI at LinkedIn. They discuss strategies engineering leaders can undertake to prioritize AI use cases, advance the development of AI technologies, and weave AI initiatives into the fabric of the company’s culture.…
Reimagining the apparel value chain amid volatility
The apparel and footwear industry’s standard playbook for managing global supply chains has been overtaken by recent events and rising complexity. The sprawling footprint of global supply chains was supposed to the lower the chance for disruption, but the pandemic and resulting dramatic demand shifts punctured that veil. With volatility looking more and more like the rule rather than the exception, brands face the task of reimagining their supplier strategies—and…
Illinois Legislature Passes Bill to Clarify ‘Per-Scan’ Damages for Privacy Act Violations, Awaits Governor’s Signature
Quick Hits The Illinois legislature passed SB2979 to clarify that multiple alleged collections or disseminations of an individual’s biometrics constitute only a single violation of the Privacy Act and the individual is limited to only one recovery of statutory damages. Once signed, the bill will reverse a holding by the Illinois’s high court that had opened the door to potentially excessive damages awards against employers. The bill confirms that BIPA…
Ending the confusion in cloud transformations: The dashboards and metrics everyone needs
The promise and peril of cloud is a common refrain in many C-suites: huge economic potential and regularly underperforming reality. What’s much less clear, however, is what to do about it.Out of the more than 80 enterprises McKinsey profiled for its CloudSights database, 40 percent have found limited value in their cloud programs. In addition, half of companies five or more years into their cloud journey still have not achieved…
Imperceptible sensors made from ‘electronic spider silk’ can be printed directly on human skin
The method, developed by researchers from the University of Cambridge, takes its inspiration from spider silk, which can conform and stick to a range of surfaces. These ‘spider silks’ also incorporate bioelectronics, so that different sensing capabilities can be added to the ‘web’.The fibres, at least 50 times smaller than a human hair, are so lightweight that the researchers printed them directly onto the fluffy seedhead of a dandelion without…
Your Culture Matters as Much as Your Legal Compliance
Legal compliance serves as the bedrock of any organization. While it lays the foundation, a positive workplace culture breathes life into your organization. A strong, supportive culture fosters employee engagement, boosts morale, and enhances productivity. This balance between compliance and culture was at the heart of our discussion on last week’s Catherine’s Corner, where we explored California Laws 2024 and Their Effect on Workplace Culture. Catherine was joined by employment…
Two Years Into the Russia-Ukraine Conflict: 10 Lessons We Can Learn
Europe is at a crossroads: How can it cope with the grave security challenges posed by the (potential) collapse of Ukraine and the return of Donald Trump? In the short term, enhancing defence autonomy is a top priority on the agenda; in the long run, Europe should change its thinking pattern and look for a suitable ultimate solution to the conflict. On February 24, 2022, the Russia-Ukraine conflict broke out.…
INSEAD Insights: May 2024 Research Picks
New papers published by INSEAD professors suggest gains from AI could be undermined by managers, perhaps because they have to consider wider objectives beyond measurable results. Another finding pertains to social movements on a global scale, and how they may turn consumers off specific products. Other research cover macroeconomics. One paper examines the underlying causes of the long-term slowdown in productivity growth in advanced economies; the other looks at fiscal policies…
How wildfires change soil chemistry
The huge, long-lasting wildfires that have become increasingly common in recent years can cause changes in soil chemistry that affect water contamination, air quality, and plant growth. But these changes are poorly monitored and rarely factor into post-fire recovery efforts or risk assessments, according to a review study published May 14 in Nature Reviews Earth & Environment. The study, led by Stanford University and Colorado State University scientists, found that…
One CISO Can’t Fill Your Board’s Cybersecurity Gaps
Topics Column Our expert columnists offer opinion and analysis on important issues facing modern businesses and managers. More in this series subscribe-icon Subscribe Share Carolyn Geason-Beissel/MIT SMR | Getty Images The chairman of a large European enterprise approached me over drinks at an event for board members and CEOs on how to build enterprise security resilience. We started talking about cybersecurity risk — a grave concern for many boards. “I…
A Teacher and Mentor to First-Generation Corporates
Growing up, Gail Ayala Taylor would have heard about business from her father, Reginald “Ricky” Ayala. To Spartans fans, Ayala was the legendary #7 basketball player for Michigan State; to others, he was a distinguished businessman and CEO in Detroit known for his more than 30-year career in hospital administration. But what if you didn’t grow up in a household where you heard about business and corporate life at the…
Google I/O for a new generation
Sundar Pichai shares Google I/O news including updates across Gemini, Android, Search and Photos.
Audit and Beyond: The Unbelievably True Story of AuditBoard
Today we are excited to announce that AuditBoard*, a software company specializing in risk-and-compliance software for large enterprises, has entered into an agreement to be acquired by Hg, a global software-and-services investor, for over $3 billion. The last six years of Battery’s partnership with AuditBoard have been, in our view, the ride of a lifetime. Today, we’d like to share some of that story with you—as AuditBoard is in many…
Chima Ndumele: Reinventing Medicaid
Howie and Harlan are joined by Chima Ndumele of the Yale School of Public Health to discuss his research on structural changes to Medicaid that could keep vulnerable populations healthier. Harlan reports on the remarkable abilities of Google's latest medicine-focused AI; Howie reflects on a study showing the impact of race-neutral measures of lung function. Links: AI and Medicine “Capabilities of Gemini Models in Medicine” Medicaid Medicaid.gov “10 Things to…
How leaders at progressive organisations can champion AI for good
As AI technologies continue to evolve, businesses are experiencing transformative changes across various dimensions, including efficiency, customer experience (CX), decision-making, and innovation. Amidst this profound shift, many leaders are emerging as pivotal figures, wielding influence not only in steering organisations through the complexities of AI adoption but also in harnessing its potential for the greater good. These leaders are the champions of AI, guiding their teams towards innovation, ethical practices,…
Banned or Not, TikTok Is a Force Companies Can’t Afford to Ignore
Businesses that dismiss TikTok as merely a platform for teenagers looking to create and consume cat and dance videos do so at their own peril. That’s the message of a Harvard Business School case study tracing the video-sharing app’s explosive rise to the world's most-used platform. Owned by Beijing-based ByteDance, TikTok blew past Google in 2021 to become the world’s most visited domain. In the United States alone, TikTok boasts…
Tracking euro area wages in exceptional times
23 May 2024By Sarah Holton and Gerrit Koester[1]Negotiated wage growth in the euro area increased in the first quarter of 2024. This post on The ECB Blog illustrates how the ECB wage tracker can help to put latest developments in negotiated wage growth into perspective.The ECB wage tracker – an important tool used to assess wage developments across the euro area – is signalling that overall wage pressures have moderated…
Europe as a ‘Lost Continent’
The shift of the centre of gravity from the Atlantic Ocean region towards East and South Asia is an objective process. Russia and the United States are only indirectly involved in it, and the growing influence of the countries in this region cannot be denied nor stopped. In this context, the relations between Russia and China are noteworthy — although in the past there were crises between our countries, now…
Information Technology for Africa: A New Threat of Colonisation or the Road to the Future?
On May 22, 2024, the Valdai Club hosted an expert discussion, titled “Advanced Information Technologies as a Driver of Socio-Economic Development for African Countries.” Oleg Barabanov, the moderator of the discussion, called the formation of a new economy based on knowledge one of the key priorities of modern development, adding that it was especially important for developing countries. Many African states have achieved significant success in this area, but a…
The Rise of the Indo-Pacific in the Global Supply Chain
Protectionism, decoupling, regionalisation and Covid-19 have shaped and reshaped value chains in the last five years. In particular, the pandemic and other geopolitical dynamics have revealed the deeper interconnectedness between economies, with the protagonist at the centre, undoubtedly, being China. But these global dynamics have not led to tectonic shifts; they have merely resulted in a reconfiguration of the global supply chains. Despite strong headwinds, China’s dominance is mostly unshaken. Jayant Menon,…
Acing Value-Based Sales
Mark Airs/Ikon Images Imagine that burst of enthusiasm when a senior executive unveils a plan that promises a significant and lasting impact on the organization’s financial performance. “Our new product creates more value for our customers than anything else on the market, and we should get paid accordingly,” they proudly declare. “If we measure and communicate that value precisely, then we can finally get the return we deserve.” The sales…
Use Russia’s Frozen Assets to Rebuild Ukraine
This commentary originally appeared in Time. Recent battlefield reverses in Ukraine, with Kherson under increasing attack, are powerful reminders that Ukraine needs every penny of support it can get urgently. Yet Western governments still refuse to seize Russia’s $300 billion in frozen assets, even though the idea of making Russia pay for Ukraine’s rebuilding is broadly popular across the U.S.—with even House Speaker Mike Johnson embracing it as “pure poetry.”…
A puzzle for employers: the future of work health and safety laws in Australia
The last several months have seen rapid changes in the employment and workplace health and safety space. With such dynamic movement, and then lots of commentary on each of these changes, it’s easy to view all these changes as one big jumble of puzzle pieces. And it can be hard to know what the whole jigsaw looks like. As Chris Gardner and I mentioned last year in our blog post,…
How market turmoil can affect large projects
Turmoil in the global economy is exposing an increasing number of large projects to unprecedented productivity and financial pressures. Severe microeconomic issues can arise on projects that stem from unforeseen macroeconomic events. We discuss this evolving situation and potential mitigants below. Introduction Turmoil is defined as “a state of confusion, uncertainty, or disorder”[1]https://dictionary.cambridge.org/dictionary/english/turmoil jQuery('#footnote_plugin_tooltip_53898_2_1').tooltip({ tip: '#footnote_plugin_tooltip_text_53898_2_1', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position:…
DOL’s Child Labor Enforcement Expected to Be Hotter Than Ever This Summer
Quick Hits The DOL is enforcing child labor laws through two key mechanisms: (1) preventing employers from shipping or profiting from “hot goods” and (2) assessing aggregate civil money penalties. An August 2023 DOL field assistance bulletin advises field agents on identifying violations of “oppressive child labor” and applying the “hot goods” provision—on top of assessing civil penalties. In November 2023, the DOL announced it would no longer be assessing…
The Importance of Trust for Managing through a Crisis
Brian Kenny: You may have heard of the “Butterfly Effect” in which a butterfly flapping its wings in Texas leads to changes in wind patterns that cause a tornado in Brazil. It's a simple and poetic way to explain Chaos Theory. In February of 2020, the butterfly took the form of a pathogen in Wuhan, China, and the resulting tornado was a global pandemic that created chaos the world over.…
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