In her latest book, Novogratz explains that continued technological advancement and market solutions alone won’t solve the defining problems of our time, like inequality and climate change. She calls for a moral revolution to reimagine and reform technology, politics, and business.
To go back in or not to go back in? That, as we emerge from the biggest remote-working experiment in history, is very much the question. At a glance, it looks like a conundrum.
“Many startup companies have good ideas. They don’t have direct lines into customers. By participating in our platform, they have the ability to do that.”
Moyo argues that today’s boards have three main tasks: shaping the company strategy, selecting leaders (in particular, the CEO), and safeguarding the company’s culture, ethics, and values. She provides valuable advice on how these central tasks can be executed effectively.
In the absence of excessive regulation or anti-competitive practices, industries are observed to evolve toward an optimal market structure described by the Rule of Three. The authors, building on Bruce Henderson's original research, explore how the rule works in today's global environment.
“I really believe in open innovation, where you use the capabilities of crowdsourcing to get access to know-how, capabilities, and also domain expertise that you don’t have in-house.”
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