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Posts Tagged ‘Industry’

Industry by Design?

Posted by hkarner - 20. März 2017

Photo of Christopher Smart

Christopher Smart, a senior fellow at the Mossavar-Rahmani Center for Business at Harvard University’s Kennedy School of Government, was Special Assistant to the president for International Economics, Trade and Investment (2013-15) and Deputy Assistant Secretary of Treasury for Europe and Eurasia

Industrial policies come in many shapes and sizes, but some strategies to nurture domestic firms and industries have clearly worked better than others. Understanding why may hold the key to creating the conditions for contemporary growth and development

MAR 17, 2017 Project Syndicate

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Sensing the Inevitable, Companies Begin to Adapt to Climate Change

Posted by hkarner - 23. Mai 2016

Date: 23-05-2016
Source: Technology Review

Most have yet to incorporate climate change into their business plans, but a few are finding a way.

Shanghai Tower CCShanghai Tower twists one degree of rotation per floor all the way up to the 121st. The tallest building in Asia, and a symbol of China’s powerful economy, it has a façade constructed of more than 21,000 individual panels. The complex curved design has one very important feature beyond aesthetics. It lowers the pressure that wind places on the building’s exterior, an attribute important for any skyscraper but especially in Shanghai.

Located on the eastern seaboard of China in the lowlands of the Yangtze River Delta, the city is subject to typhoons and winds that can exceed 70 miles an hour. Given a recent uptick in wind storms and other weather disasters—something the head of the China Meteorological Administration has connected to climate change—it makes sense that this $2 billion tower would be designed with such hazards in mind. Surprisingly, however, the need to adapt to long-term climate change is rarely a factor in building design these days.

“Designing a building today, you evaluate the current energy use and historical patterns,” says Ben Tranel, a principal at Gensler, the architectural firm that designed the tower. “It’s hard to say how that will change in 50 years, and how do we design to that? It’s almost as if the building’s in Pittsburgh today but in 50 years it will be in Arkansas.”

Most industries seem to be in a similar spot: aware that climate change is likely to affect their future but not yet planning for it with any consistency or depth. Long reports have been written about the risks that climate change poses to the economy and to business. But despite calls from leading environmentalists for business to lead the next phase of adaptation, the vast majority of companies are barely in the early days of thinking about this issue. Den Rest des Beitrags lesen »

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How will global industry fare in 2016?

Posted by hkarner - 1. Januar 2016

Date: 30-12-2015
Source: The Economist

Industry FC 2016AS WAS the case in 2015, spending in Asia will underpin the growth of many industries worldwide in 2016. Global trade is likely to expand at around 3%, slightly faster than in 2015, but far below the dizzying 8-9% rates before the financial crisis.

Health-care spending will surge in Asia. Health networks will spread in India as the country works towards building an insurance-based system. China, with 12% growth, will extend its coverage deeper into the countryside, while more rich urbanites will visit private doctors.

In the automotive industry, developed markets are trundling along—but in western Europe even 3% growth in 2016 is almost exhilarating by post-recession standards. By contrast central and eastern Europe will motor along with growth of 9%. Russia, following a few years in the pits, will recover. Den Rest des Beitrags lesen »

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Industrial-Strength Africa

Posted by hkarner - 9. September 2015

Li Yong

Photo of Li Yong

Li Yong is Director General of the United Nations Industrial Development Organization.

SEP 8, 2015, Project Syndicate

VIENNA – In less than eight months, close to a quarter-million migrants, many from Africa, have arrived in Europe by sea – more than in all of 2014 – and the tide shows no signs of stopping. Some are fleeing wars and persecution; others, mostly young people, are seeking economic opportunities. Addressing the migration crisis thus requires efforts not only to address instability in source regions, but also to alleviate poverty and create employment. The key to achieving the latter goal is industry.

Over the last decade, Africa has recorded an annual average growth rate of 5%, with some countries reaching more than 7%. But that growth, based mainly on commodity exports and extractive industries, has demonstrated a limited capacity to drive socioeconomic transformation, not least because most of its benefits have accrued to a small share of the population.

Africa has the tools it needs to change this – beginning with a massive untapped labor force. Indeed, some 60% of Africa’s unemployed are young people. An estimated 23 million more young people will be joining African labor markets this year, and the continent’s total workforce is expected to increase by 910 million from 2010 to 2050. Den Rest des Beitrags lesen »

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What’s an Industry?

Posted by hkarner - 30. März 2015

Date: 29-03-2015
Source: Project Syndicate

LUCY P. MARCUSMarcus

Lucy P. Marcus, founder and CEO of Marcus Venture Consulting, Ltd., is Professor of Leadership and Governance at IE Business School and a non-executive board director of Atlantia SpA.

LONDON – Carmakers are afraid of Apple. YouTube, Netflix, and Amazon are upending the television industry. Skype, Facebook, Twitter, Snapchat, and others have changed consumers’ notions of how – and how much it costs – to communicate with one another. Sectors and industry delineations as we know them are breaking down.

Once upon a time, those delineations established a fairly clear-cut world. Car companies made cars, and they were in the automotive industry. Phone companies ensured that we could speak to one another over great distances, and they were in the telecommunications sector. Broadcasting companies made television shows, and they were in the media sector.

Everything was neat and orderly. Analysts could easily categorize companies and tell the markets what they were worth, boards could oversee firms with a view to shareholders’ happiness, and all was right in the world. Until it wasn’t. Den Rest des Beitrags lesen »

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