From FT.com – “The marginal cost of water is rising around the world,” says Christopher Gasson, publisher of Global Water Intelligence. “Previously, water was treated as a free raw material. Now, companies are realising it can damage their brand, their credibility, their credit rating and their insurance costs. That applies to a computer chipmaker and a food company as much as a power generator or a petrochemicals company.”
From Inc Magazine – “What do chocolate, puppies, and a brisk walk have in common? These things can all make us happier throughout the day, and they can all be incorporated into your company culture to inspire a happier workforce.”
From Chief Learning Officer Magazine – ” Although every conversation can’t lead to the founding of a billion-dollar company, leaders using focused conversations can revitalize an organization and guide people to achieve a collective vision. Unfortunately, these productive conversations aren’t happening often enough in organizations today. Even when it comes to basic conversations like goal setting, performance review and performance evaluation, our research finds that the amount of conversation people want and need from their managers falls at least 25 percent short of what they’re getting.”
From Knowledge@Wharton – Does disruption kill core business models? “Not necessarily,” Robertson says. “Does that mean you should anticipate how it is going to affect the core business? Of course you should. You should always be looking for that next big thing, as well. In the late 1990s, [LEGO] moved away from core business and stopped focusing on bricks. Everything was out-of-the-box innovation, and it almost put them out of business.” Christensen saw disruptive innovation as the kind that comes from behind and develops a new market that eventually displaces the old one.
From Bloomberg Markets – “Hang Seng is the world’s strongest bank, according to the annual ranking by Bloomberg Markets magazine. Hang Seng jumps to the top of the list after ranking No. 10 last year.”
From Washington Post – “Blackstone’s purchase of Hilton is a defining moment of the private equity era. The story of the purchase and the years that followed is a Wall Street opera involving high stakes finance, layoffs, accusations of corporate spying and the resurrection of an iconic American brand.”
From Knowledge@Wharton – the emerging market share of total global private equity (PE) funds raised dropped from about 20% of the total in 2012 to 12% in 2013. Many analysts say this likely reflects a bit of slowing in economic growth in those markets overall, despite some countries that are bucking that trend individually
From FT.com – A look inside the world of modern energy – a sector being driven by new technology and environmental concerns to rethink its business models