Beyond Productivity – Competitiveness or Innovation? 245.0
In a telephone conversation, a dear friend gave a reaction to the series of posts that SYNTHESiST had on productivity – on Frederick Taylor, Six Sigma, Paul Krugman on competitiveness and McKinsey and design thinking. She mentions that they have moved beyond productivity to competitiveness as the higher goal. This post integrates my views on [...]
Learning from the National Innovation Systems of Emerging Japan 1/2
As with China now, emerging market Japan was accused of using an undervalued currency to build an export machine. Indeed, they may have dragged increasing the value of their currency to maximize yen returns until it became untenable for the country. Still, there were other explanations for their success that involved social innovation systems like [...]
Managing for Medium-Term Peso Appreciation 120.0
The usual first response of Filipino exporters and contact and BPO center businesses to a strong peso appreciation is to ask the government, through their industry associations, for a foreign exchange bailout. With the government considered a soft touch and not proactive, this has created a culture of dependency over the years. It made companies [...]
