Global

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Esther Duflo on Ending Poverty

  • Blog

Esther Duflo, a founder and director of MIT’s Abdul Latif Jameel Poverty Action Lab, has been awarded a MacArthur Fellowship. Her ideas on how to end poverty by transforming how rich nations manage development policies are provocative and practical.

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The Practice of Global Product Development

Best practice in product development (PD) is migrating from local collaboration to global collaboration. Global product development (GPD) represents a transformation for business, and it applies to a range of industries. The objective of this article is to present frameworks that can help companies address strategic and tactical issues when considering GPD. The concepts have been developed through discussions with more than 100 companies in 15 countries in North America, Europe and Asia.

Courtesy of SAP.

How to Manage Virtual Teams

Based on an investigation of the performance of 80 software development projects with varying levels of dispersion — members in different cities, countries or continents — this article asserts that virtual teams offer tremendous opportunities despite their greater managerial challenges. In fact, dispersed teams outperformed their colocated counterparts when they had the appropriate processes in place. Those processes can be classified in two categories: task-related and socio-emotional.

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Image courtesy of the World Economic Forum.

Innovation From the Inside Out

Nurturing a new and lasting idea doesn’t result from analyzing market data. Aspiring creators must act on what nonprofits already know: you get the best answers by burying yourself in the questions. The authors explore the efforts of companies such as Grameen Bank and Hindustan Unilever Ltd., the Indian subsidiary of the Dutch consumer products multinational Unilever N.V. They are engaged in serving the multitrillion-dollar consumer market at the “base of the economic pyramid” or BoP — the four billion people with annual per capita incomes below $1,500.

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Learning from emerging markets

  • Blog

Looking for new strategies for doing business in the recession? Consider strategies employed by companies from emerging markets — where economic volatility and constraints on consumer disposable income are commonplace.

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Networks of innovation

  • Blog
  • Read Time: 1 min 

Two innovation experts see great potential in “creation networks” that include companies from a variety of regions with specialized technical expertise.

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01-Technology-500

How to Retain Talent in India

Research shows that attention to pay and benefits is necessary but not sufficient to retain talent. So why do so many corporate leaders continue to use compensation as their primary retention tool? And what should they do instead to keep their best people, particularly in emerging markets such as India, where both local and global employers are clawing for talent?

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The Beneficent Dragon

Many pundits characterize the Chinese economy as a juggernaut that threatens America’s economic leadership. But the dangers associated with China’s ascendance are exaggerated.

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How to Win in Emerging Markets

Though competitive barriers in Asia, Latin America and Eastern Europe are many, a look at the companies that are thriving there reveals some secrets that make success more likely.

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