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Why Europe doesn’t produce innovative new companies
Back in 1991, while I was still halfway through my MBA course, I left the U.K. and headed to California. As a very atypical U.K. passport-holder, I knew I wanted more from my life than merely to be one more cubicle slave among millions. And I knew, from the few years I’d spent in the U.K., that if I remained on the gloomy little island it would be impossible for me to create any commercial enterprise that could potentially grow to employ thousands of well-paid people.
I’m briefly back in the U.K. 30 years later and nothing at all has…
Why the latest publicity stunt by United has plenty of potential to backfire
During the first dot-com boom, staid executives of traditional companies (you know: the sort that make profits) were furious about being sidelined in the mass media by much younger and brasher entrepreneurs who (on paper, at least) were suddenly worth more than the GDP of many small countries. Jack Welsch of GE famously told his minions to “get us some moolah” by acquiring a few dot-com properties that surely would boost GE into the stratosphere of inflated valuations. …
Number Crunch
A global study conducted by Microsoft’s Work Trend Index found that 41% of respondents were considering leaving their jobs
41%: That’s the share of respondents in a 30,000-person global survey of workers conducted by Microsoft’s Work Trend Index who say they are considering leaving their jobs, as reported by Bloomberg.
The survey found that 54% of workers say they are overworked, and 39% say they are exhausted. Their bosses, meanwhile, seem not to be sharing in their struggles, as a majority of managers and company leaders surveyed reported that they were thriving at work.
Working remotely during the pandemic appears to be a mixed bag for workers — while some employees value the flexibility it provides, others suffer from…
When employees stay in the workforce longer, businesses have access to a larger, more experienced applicant pool
One of the most significant economic and demographic trends throughout almost the whole of the twentieth century was a drop in the retirement age. Beginning after World War II and accelerating through the 1960s and 1970s, this trend led to a dramatic decline in work among those aged 55 to 69.
But earlier retirement soon went from being the hallmark of a fully industrialized economy to becoming a public policy conundrum. Larger populations retiring sooner meant that pensions had to be paid over a longer period, which put greater strain on social security systems. …
Marker
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