From 600+ conversations with the world’s leading thinkers.
The absolute biggest risk out there I can identify would be if something went really wrong with China as it is so important to the BRIC and global economic future. Luckily, I think it is a small risk.
We adopted a National Strategy for Entrepreneurship: Startup Portugal. A strategy that aims to make Portugal the ideal space to create, test, fail and try again.
I believe businesses need to move away from having profit as their primary reason for existing. Profit primacy can be replaced by mission primacy.
The area under the curve over time is greater if you keep your prices low than if you jack them up to maximise revenue. I'd get kicked out of a business school for saying something like that, but it's true.
I went to collect my prize… it was an American dictionary! Well…when we were looking for a name, I picked up this dictionary and started to flick through. I remember the letter 'R' felt like a good, strong letter and I was flicking through I got to the word R-E-E-B-O-K – a small African gazelle! Well, that felt like us!
Sovereign debt is reasonably unique in that there are no underlying assets one can claim unlike corporate bonds.
The brand must not only convince prospective customers and draw them to the brand but also be deeply believed in by the employees and other stakeholders of the company. We say that for the brand to work, employees must live the brand promise.
I define disruption as being where the incumbent players and incumbents somehow deny what their customers are saying or want differently. A disruptor comes in, sees a problem more clearly, and in some cases has more freedom to attack the problem.
It is vital that you never, ever, ever stop pursuing excellence. And that is elusive. It's very elusive. It calls for a lot of honesty. A lot.
Being an entrepreneur is no harder than working for someone else; it's simply a different experience. I completely agree that the whole narrative of entrepreneurship being excessively hard is exaggerated and fundamentally untrue.
It's baffling that $1.8 trillion is still being invested in harmful sectors. As a member of the B-Team of business leaders, we've identified that $1.8 trillion a year is spent subsidizing industries that harm us, predominantly fossil fuels. Redirecting a significant portion of these funds could dramatically accelerate our transition.
The average pay, inflation adjusted, has dropped more than 40% – yet the Gretchen Morgenson's of the world want to write that it's going up and up… that's just wrong.