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Stop Focusing on Profitability and Go for Growth

Harvard Business

Our models suggest that by 2025 global financial capital could easily surpass a quadrillion dollars, more than 10 times global GDP. So, in real terms, debt financing is essentially free. When capital costs are high, strategies that expand margins are almost always better than strategies that accelerate growth.

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What Workers and Companies Should Know About the Republican Tax Bills

Harvard Business

trillion), enabling them to manage their portfolios more efficiently. And because the corporate proposals lose revenue, it’s impossible to fully assess this part of the legislation without considering how those cuts would eventually be financed. By eliminating the tax on repatriated dividends that U.S. Revenue and Distribution.

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Automation Makes Things Cheaper, So Why Doesn’t It Feel That Way?

Harvard Business

The autonomous economy is extremely labor and capital efficient, sometimes so much so that the prices of its products decline to close to zero. But hope is not a strategy. The autonomous economy is where intelligent machines, robots, artificial intelligence, big data, and high-speed digital communication power production. There are 3.5

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