Global IT spending is to reach $3.6 trillion in 2012 up from $3.5 trillion in 2011 according to Gartner that is about a 2.86% growth. Here are some things to consider in these numbers: Cloud means Internet : Following the previous post about what jobs cannot be outsourced from the USA, the cloud means thatContinue reading “The Internet Cloud and Telecom angle: Global IT spending to reach $3.6 trillion”
Category Archives: Public Policy
GlaxoSmithKline 3B$ fine – balancing innovation and ethical marketing
GlaxoSmithKline is to pay a 3B$ fine, the largest ever for healthcare fraud in the US. In the past, numerous big pharma companies including Abbott, Pfizer have been fined and this is something the industry seems accustomed to. It’s important to understand why pharma marketing becomes unethical, if the unethical sales practices are to stopContinue reading “GlaxoSmithKline 3B$ fine – balancing innovation and ethical marketing”
Mayors Innovation Challenge for US cities from NYC Mayor Bloomberg
The Mayor's Challenge for US cities from New York City Mayor Michael Bloomberg is a great idea. The rationale for the Mayors Challenge is explained in the video alongside and details of the competition are available at the Bloomberg Philanthropies website. Mayor Bloomberg is personally funding the effort and it is available to all citiesContinue reading “Mayors Innovation Challenge for US cities from NYC Mayor Bloomberg”
WEF Davos : Capitalism and Democracy try to find balance through CSR
This year (2012) there seems to be a marked and discernible change in this gathering’s tone and tenor. Leaders of both Governments and Businesses seem to realize that becoming richer and richer is probably not enough. This realization as capitalism,democracy and affluence rises worldwide , 1 billion more global middle class by 2020 according to Muhtar Kent of Coca Cola ( see accompanying video). Here is some interesting stuff to think about from happenings at Davos in 2012:
Dow over 12,000: Globalization can work on the governance side as six Central Banks Co-ordinate.
That the Dow closed over 12,000 today is great news.The European debt crisis had cast a pall of gloom across stock markets worldwide and in the US things looked bleak till the news that six Central Banks of the world had come together to enhance financial liquidity in their respective markets. If the "Occupy Movement"Continue reading “Dow over 12,000: Globalization can work on the governance side as six Central Banks Co-ordinate.”
Without execution leadership is meaningless
Peter Drucker is credited with having said: Management is doing things right; leadership is doing the right things. The emphasis on doing is from this blog post because for reasons unknown the world of organizations (whether for-profit,non-profit or government) seem to worship "leadership" and treat execution as mundane and "tactical." Somehow beneath the dignity ofContinue reading “Without execution leadership is meaningless”
Occupy Wall Street goes global-tipping point for Corporate Social Responsibility(CSR)
The global spread of the occupy Wall Street movement is a tipping point for Corporate Social Responsibility (CSR) . Just check out the CBS News Video report from yesterday that includes Pete from NYU who is planning to drop out of his Finance program to help manage the funds of the movement. "Economic justice" isContinue reading “Occupy Wall Street goes global-tipping point for Corporate Social Responsibility(CSR)”
The 16$ muffin and understanding B2G and B2B buying and payment processes
The 16$ muffin has outraged Americans given that you can get a fairly decent muffin for about $2. In fact, Senator Chuck Grassley has asked for "heads to roll" and BBC has run a story of how impossible it is to come up with a$16 muffin. Given the B2B and also B2G focus of thisContinue reading “The 16$ muffin and understanding B2G and B2B buying and payment processes”
America Invents Act 2011 to become law next week: how it might create jobs
President Obama's jobs speech of Thursday signalled the massive reform of US patent law to spur innovation and jobs. It's intriguing that lots of main stream media is criticizing the law given that it was passed in a bipartisan fashion (for a change 89 for and 9 against in the Senate). The mere fact ofContinue reading “America Invents Act 2011 to become law next week: how it might create jobs”
Just stopping AT&T and the T-Mobile merger is not enough-US cell phone industry needs to change and become an engine of economic growth
The US cell phone needs to change and become an engine of economic growth. Merely stopping AT&T and the T-Mobile merger is not enough. The industry needs total overhaul and I am saying this from a recent visit to India where the cell phone is changing the economy as the motor car changed the economyContinue reading “Just stopping AT&T and the T-Mobile merger is not enough-US cell phone industry needs to change and become an engine of economic growth”