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The strategic yardstick you can’t afford to ignore

May 23, 2017 ·  · Topic: Economic Mobility  · Relevance: not sure

A systematic scan of the economic-profit performance of nearly 3,000 global companies yields fresh insight about where and how to compete.

At first blush, “beating the market” might sound like an expression better suited to investing or financial management than to business strategy. When you think about it, though, overcoming the profit-depleting effects of market forces is the essence of good strategy—what separates winners from losers, headline makers from also-rans. 1 A focus on the presence, absence, or possibility of market-beating value creation should therefore help transform any discussion of strategy from something vague and conceptual into something specific […]

Rhesus Negative

May 22, 2017 ·  · Topic: BP Settlement  · Relevance: not sure

Rhesus Negative

Talent and ambition are fine things, but when unforeseeable impediments repeatedly stall their progress and threaten to stymie their fulfilment, desperate measures may be taken. In the case of B.L. MacKinnon, the ambition to gain a medical degree was interrupted by illness and repeatedly forestalled by a powerful and determined antagonist. Three years after being unjustly excluded from medical school, he tried again, by undertaking a science degree to regain his place. Again, his efforts were rewarded with the ruthless application of the most extreme prejudice against him. In an excellent re-telling of these events, B.L. MacKinnon also describes […]

The auto industry is facing ‘unprecedented change’ — and Ford needs to move faster

May 22, 2017 ·  · Topic: Economic Mobility  · Relevance: bad

Bill Ford

Bill Ford said during a press call Monday that the company needed to empower employees to move faster. William Thomas Cain/Getty

F Ford Motor

11.07 0.21 (+1.90 %) Disclaimer Get real-time F charts here »The world of mobility is quickly evolving and Ford needs to move faster to adapt, Bill Ford, Ford’s executive chairman, said on a press call Monday.Mark Fields stepped down as Ford CEO on Monday and was replaced by Jim Hackett , who was previously the chairman of Ford Smart Mobility. Before joining Ford, Hackett also served as the CEO of the office furniture company […]

Ford claims its new CEO has deep ties to Silicon Valley — but the company still has a big self-driving-car problem

May 22, 2017 ·  · Topic: Economic Mobility  · Relevance: bad

Jim Hackett Ford

Jim Hackett, Ford’s new CEO. Ford F Ford Motor

11.04 0.18 (+1.70 %) Disclaimer Get real-time F charts here »

Ford is showing it’s serious about self-driving tech by naming Jim Hackett its new CEO, but whether Hackett can compete in the multi-million talent war for AI experts remains to be seen.Hackett has led Ford’s Smart Mobility unit since it was formed in March 2016. The division was created as part of Ford’s expansion into smart mobility services, which includes the development of autonomous vehicles and its car-sharing service GoDrive.Ford is touting Hackett’s background and deep ties with Silicon […]

Ford just fired its CEO — and the stock price is going nowhere

May 22, 2017 ·  · Topic: Economic Mobility  · Relevance: bad

Ford Chart

Markets Insider Wall Street is now calling the shots at the number-two US automaker.

Okay, if you go by market cap, Ford isn’t number two. It’s number three, depending on what Tesla is doing (at $50-billionish, there are days when Tesla is bigger than General Motors.). And that’s the problem.

The resignation of Mark Fields and his replacement with Jim Hackett, who had been running Ford’s Smart Mobility initiative, is a signal that the company and the Ford family members who control it want to reverse a stock-price slide of over 30% during the past three years.Auto sales in the US […]

Camille Busette Joins Brookings to Lead Race, Place, and Economic Mobility Initiative

May 22, 2017 ·  · Topic: Economic Mobility  · Relevance: not sure

Washington, D.C. — Dr. Camille Busette has joined the Brookings Institution, Brookings President Strobe Talbott announced today. Busette will serve as director of the Institution’s Race, Place, and Economic Mobility Initiative . She will carry out that role as a senior fellow in Governance Studies with affiliated appointments in Economic Studies and Metropolitan Policy.

Throughout her distinguished career, Busette has worked tirelessly to expand financial opportunities for low-income populations. She comes to Brookings from the Consultative Group to Assist the Poor, where she served as the organization’s lead financial sector specialist. Prior to her tenure at CGAP, Busette was the […]