We won’t fix the problem until we address the nature of the corporation.
Imagine what becomes possible when we start to understand that executives and managers are not strictly beholden to shareholders—who hold their shares for an average of four months—and share prices.
When executives and directors are free to consider a range of stakeholders—workers, suppliers, creditors, customers, shareholders, and the community in which they’re based—in managing a company, it inherently changes their time horizon from the next quarter to the next decade or quarter-century and beyond, because most of these stakeholders have deeper investments in the company...
The tragedy of the commons, a concept described by ecologist Garrett Hardin, paints a grim view of human nature. The theory goes that, if a resource is shared, individuals will act in their own self-interest, but agains
Just consider a simple forecast. Without action, parts of Jakarta, Ho Chi Minh City, Bangkok and numerous other coastal cities around the globe will continue to sink faster than the sea level rises.
We already know our coastal cities are under threat from rising sea levels, driven by climate change. Its estimated global sea-level rise of up to 0.6 meters this century will increase disaster risk significantly in coastal areas.
Many coastal cities and people are already among the most populous in the world and have a huge amount of infrastructure exposed to coastal flooding, high tides, and storm surges. And the rapidly growing population in some of the cities is driving up risk. Add in the face of changing coastal hazards driven by climate change, cities such as Mumbai, Karachi, Jakarta, and Lagos are among key areas cited in a new report on evolving disaster risk.
In a classic article for the Journal for Strategic Performance Measurement, Margaret Wheatley and Myron Kellner-Rogers explain that behaviors – “commitment, focus, teamwork, learning, quality”(...), people paying “attention to those things that contribute to performance (...) are never produced by measurement. They are performance capabilities that emerge as people feel connected to their work and to each other. They are capacities that emerge as colleagues develop a shared sense of what they hope to create together (...). Each of these qualities and behaviors (...) is a choice that people make”. However, “measurement is critical” and the authors provide some insightful perspectives on design criteria for measure processes.
This article by Francesca Pick is republished from OuiShare Magazine This is the second of an article series documenting the OuiShare Fest decentralization experiment. Decentralizing a project is easier said than done. But no matter what, it will teach you a lot about your psyche, group dynamics and the value system of your team. When we met with …
A recent survey by the Pew Research Center found that the vast majority of Americans have never heard the terms “sharing economy” or “gig economy,” and more than one in four have never used the online platforms that make these …...
Communication is critical for cooperation; we think communication is the reason cooperation occurs. It's generally believed that there are five independent mechanisms that foster cooperation. But these mechanisms are really just ways to ensure that cooperators play mostly with other cooperators and avoid all others. Communication is a universal way to achieve that.
Over the past few years, several independent teams of researchers have noticed something surprising in historical data on a broad set of technologies. Everyone, of course, knows about Moore's Law — for decades, the density of transistors on integrated circuits has doubled every two years, with computational speed advancing even faster. This spectacular record of improvement shows up in just about any metric. Much less known, however, is that this pattern of exponential advance isn't actually limited to electronics; it applies just as well to technologies ranging from cars or batteries to beer or nuclear power.
The Sharing Economy is growing: 2015 has seen a stellar surge in growth in Sharing Economy businesses entering the mainstream.�Here Benita Matofska, chief sharer behind Compare and Share, shares her opinion on its future growth and what opportunities...
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