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Why Are We Still Classifying Companies by Industry?

Harvard Business

For more than 60 years, investors, analysts, business leaders, and even governments, have classified companies based on industries. Industry walls are disintegrating at a rapid pace. They have expanded far beyond the “Information Technology” tag attached to them by GICS. It’s not an industry in itself.

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The Real Reason Superstar Firms Are Pulling Ahead

Harvard Business

Across industries and across countries, a small number of “superstar” firms are pulling away from the competition. One answer to that first question shows up in study after study: superstar firms are succeeding in large part due to information technology. They’re more productive, as the chart below illustrates.

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Where Trump Does (and Doesn’t) Have Leverage with China

Harvard Business

Low-wage economies like Mexico’s and China’s absorb American technology and build industrial capability more easily today than ever. service industries like higher education, publishing, design, and consulting. already has operations in China, but Chinese technology companies are now just entering the U.S.

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Why Leaders Are Still So Hesitant to Invest in New Business Models

Harvard Business

As technology continues to change and challenge even the most successful incumbent organizations in every industry, the cost of inertia is growing. Today, the majority of market value is made up of intangible assets (networks, platforms, intellectual property, customer relationships, big data) more than physical assets.

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Backdoor Government Decryption Hurts My Business and Yours

Harvard Business

Nowadays, cyberattacks come from a wide range of actors — from individual cybercriminals using ransomware to extort money from your local dentist, to sophisticated foreign states attempting to steal intellectual property. firms lose $15.4 million yearly due to hacking attacks , double the global average of $7.7