Global Strategy - blogThis is the blog section of Glostra websiteTag >> Blog
Oct
12
2009
EDGE.org did it againPublished in Blog by Juha Antti Lamberg | Comment (0)Every time you step into edge.org you find something absolutely fabulous. This time, EDGE offers two hard core presentations closely related to Glostra visions. First, the founding father of theoretical treatment of path dependence and complexity in economics, Brian Arthur offers his view on technological change. Arthur's treatment of technology is closely related to research in dominant designs yet is far more comprehensive. What is more, it offers a philosophical understanding of what technology is, and how it evolves. If Arthur's speech does not offer any insights to strategic management of technology, the fault is not his. See the video interview and text here.
Sep
24
2009
On University Reforms, Elites, and Hubris (i.e. yliopistouudistus ei-ole-kovin-rationaalinen)Published in yliopistouudistus, university reform, public sector strategy, power elite, C Wright Mills, Blog, Aalto yliopisto by Juha Antti Lamberg | Comment (4)Universities are (certainly) not isolated from societies. The links are, at least, two kinds. First, the number and breadth of universities (e.g. as measured by teacher per potential student ratio) is primarily a function of the size of suitable population (i.e. how many literate inhabitants between ages 18-25 exist), wealth of the society (as measured by GDP per capita), and a number of more fuzzy factors such as policy decisions and international competition. Second, university education and research have certain functions in economic growth (which is needed for a larger number of professorships, for instance). Most noteworthy, universities educate a large number of individuals for different tasks in the society. What kind of education is given / needed is mostly a random process: as the future needs can not (logically) be forecasted it makes sense to produce excess capacity which may be needed in some future situation. For example, the investment to maintain certain humanistic areas such as languages is relative low vis-à-vis a situation in which those skills would be needed but no process would exist (I guess the CIA faced this problem after the September 11th 2001). In any case, individuals with a university education percolate into various tasks in administration, business, educational sector etc.; then, somewhat mystically, higher education emerges as an antecedent for economic growth. Similarly, the research conducted at universities may result in concrete improvements of knowledge and technology; at least most research is not harmful for societal development (yet see this: Reflections on a Crisis). And if we believe in Lucas, in a century or so, all economies would be equally rich with a large-scale university system (or similar) in each.
Apr
13
2009
A firm's human capital -- and the risk for employee defaultPublished in valuation, Trust, risk, resources, intellectual property rights, human capital, financial services industry, financial crisis, employment, default, capabilities, Blog, biotech, bailout by Jaakko Aspara | Comment (0)In strategic management literature, the human capital implicated in a firm's employees has already for a couple of decades been considered as an important strategic resource (or asset) for a firm. Obviously, in "knowledge economy", the value of this particular type of knowledge has become increasingly important, especially in knowledge-intensive and creative industries (such as financial services, IT, or biotechnology)
Mar
03
2009
Bailing out industries -- and/or individual firmsPublished in the USA, political, nationalization, national interests, government, financial services industry, financial crisis, finance, economy, Blog, bailout by Jaakko Aspara | Comment (2)When national governments and politicians make decisions about economic policies, they often shape the viability of businesses at the industry level.
Feb
13
2009
Back to Lex Nokia - and the irrelevance of argumentsPublished in rhetoric, political, media, intellectual property rights, government, freedom, Finland, communication, Blog by Jaakko Aspara | Comment (0)The arguments presented against "Lex Nokia" become increasingly odd (see also my earlier blog entry).
Feb
01
2009
Lex Nokia: preventing leaks in corporate IPR vs. employee "privacy"Published in Technology, privacy issues, political strategy, IT, internet, intellectual property rights, Finland, communication, Blog by Jaakko Aspara | Comment (5)The protection of corporate intellectual properties is an important issue for any firm, and particularly so for globally operating high-tech companies. Unfortunately, part of the firm's challenge is to prevent its own employees from leaking corporate information and secrets to competitors. Even if it was only a fraction of a firm's employees -- perhaps 1-5% -- who might have the unfortunate predisposition to make leaks under certain conditions, the challenge is real.
Jan
17
2009
If the government gets to decide what the country's major industries should do next...Published in the USA, political, paper pulp, nationalization, national interests, Internationalisation, government, governance, GDP, financial services industry, finance, employment, corporate control, Blog, auto industry by Jaakko Aspara | Comment (0)Facing the "need" to bailout the country's Finance Industry as well as Auto Industry, politicians and industrymen in the US are puzzled over an important question: To which direction one should next take the industry corporations, as the bailout monies effectively give the government control over them ? This debate is -- for sure -- interesting also to other national governments which are struggling with their own finance and other industries (such as that of Finland with its pulp & paper industry).
Dec
18
2008
About lack of logic in valuation: Back to FacebookPublished in valuation, trading, strategic alliance, private companies, markets, market value, investors, informal market, finance, fads and fashions, Blog, alliances by Jaakko Aspara | Comment (1)In November last year, I criticized the logic with which some people calculated the valuation of Facebook corporation to be 15 billion dollars (see an original article as well as a further comment and a related article). I suggested that perhaps the fundamental value of this corporation could more realistically lie between 3-5 billion. Now, an interesting new piece of analysis arrived today: Valleywag news site calculated Facebook's current value to be 2-3 billion.
Dec
05
2008
Cheap sunshine humanismPublished in Blog by Henri A Schildt | Comment (2)Imperial College has far less exciting high profile speakers in the areas of business and social sciences than its UK peers. However, this week I had the opportunity to see a lecture by Daniel Goleman (of the emotional intelligence fame) who one of our professors had convinced to speak at the Imperial while traveling to London for some conference. By co-incidence, I had also taught half a session (60 minutes) on ethics in strategic management -- something the business school accreditation bodies are insisting on. These occasions provoked me to write my first blog post here.
Dec
04
2008
Adaptation of strategies to society - case financial services industryPublished in the USA, strategy, society, policy, institutions, Finland, financial services industry, consumers, Blog by Jaakko Aspara | Comment (1)An interesting question to GloStra is how firms can or should adapt their strategies according to the societies in which they operate. |
Latest Blog EntryBlog CategoriesBlogger
Latest CommentsBlog Archive
Tags
|
