INSEAD in France, London Business School, Oxford's Saïd Business School, and Cambridge's Judge Business School are among the top EU MBA programs. While INSEAD
The power of innovating by being frugal
Tuesday April 06 2021
Summary
In 2020, Amazon’s annual revenues topped $386 billion, for a company that started selling books online in 1994, and then pivoted into a platform business model, selling just about everything, for other retailers.
Business in a time of corona’s third wave forces us to be frugal, there is no choice, we don’t get to vote on it.
The Economist refers to frugality as one of the three principles of good management, whether in the best of times or the worst.
I think frugality drives innovation, just like other constraints do. One of the only ways to get out of a tight box is to invent your way out,” said Jeff Bezos, who just stepped down as CEO of online retailer Amazon.
Getting industry to go green will not come cheaply telegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraph.co.uk Daily Mail and Mail on Sunday newspapers.
Women Will Come To The Fore In The Feeling Economy
A recent study from Lero, the Science Foundation Ireland Research Centre for Software, towed a familiar path. It revealed that adding women to software development teams not only boosted team performance but also reduced workplace delinquency.
“Companies should recruit more women to their development teams not only for obvious ethical reasons but because this will improve performance. Indeed, women software engineers significantly differ from men in terms of personality traits, which are related to higher job performance, ethics, and creativity. Men, despite having lower scores on emotionality, exhibit higher scores on the psychopathy trait, which may lead to a reduced level of team performance,” the researchers argue.