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Why Are We Still Classifying Companies by Industry?

Harvard Business

Over the past five years, Apple and Google have made significant moves in the automotive, healthcare, media, and smart home markets, among many others. 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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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. Consider the dramatic shift in the types of assets that create market value. They do not value intangibles and only reallocate capital when the market forces their hand.

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The Real Reason Superstar Firms Are Pulling Ahead

Harvard Business

One answer to that first question shows up in study after study: superstar firms are succeeding in large part due to information technology. “Once a firm ‘invents’ good management it will then grow rapidly and dominate the market,” Bloom argues. This hypothesis is bolstered by another recent paper.

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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. technology firms. market accounts for more than $1 trillion.). firms lose $15.4

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

Harvard Business

multinationals, while increasingly harassed by Beijing , have many leading market share positions in China, especially in high-tech and sophisticated capital goods such as U.S.-made Low-wage economies like Mexico’s and China’s absorb American technology and build industrial capability more easily today than ever.