Institute for Business in the Global Context

Where the World of Business Meets the World

Month: January 2016 (page 1 of 2)

Why Twitter’s best days may be behind it

Twitter is in a state of crisis. The stock has tanked since co-founder Jack Dorsey returned as chief executive. Four of 10 top executives just left. With takeover rumors swirling Dorsey must think outside the box and reinvent the one-time darling of social media.

Read the full op-ed from Dean Chakravorti in the Washington Post

“Inside Bahrain’s Sovereign Wealth Fund Mumtalakat”
by Jess Delaney

Like a young Temasek in its first decade of existence, Mumtalakat’s mandate is to play the role of a state entrepreneur, to make investments in related companies and infrastructure to help build the domestic economy — a role that Bahrain’s nascent private sector is unable to undertake,” says Ravi Shankar Chaturvedi, a research fellow at Tufts University and author of an academic case study of the fund. Both entities tap global bond markets for financing and were created to turn around state-run businesses and attract investment to diversify their domestic economies, he adds.

Read the full article featuring Ravi (MIB 2012) at Institutional Investor

The Fletcher Ideas Exchange (FIE) is the first annual public speaking forum at Thee Fletcher School. Modeled as a TED-type event, the forum will have brief (~10 mins) and engaging speeches by a select group of students, prominent faculty members and an alumnus. Senior Associate Dean Bhaskar Chakravorti spoke on “Flying Cars and the Human Condition.”

How Capital Controls Work and Sometimes Don’t
by Tracey Samuelson

It’s difficult to say how effective capital controls are, often because it’s hard to separate the impact of the controls from the circumstance that precipitated them, said Michael Klein, a professor at the Fletcher School at Tufts University.

In general, Klein said, long-term controls tend to work better than short-term, reactionary ones, which people often find ways to get around.

A notable exception might be restrictions Iceland put in place in 2008 after its banking system collapsed.

“What the country did was put in very wide ranges of controls over virtually all assets,” said Klein. “Iceland was able to recover more quickly, I think, than it would have, had the money actually left the country.”

Read the whole article featuring insight from Prof. Klein at Marketplace

10 Questions: Forget BRICs. Is it Africa’s Turn?

KiberaFrom technology start-ups addressing Nairobi’s traffic jams to a regime change in Nigeria predicated on a platform of anti-corruption, Africa is a continent emerging as 55 distinct and dynamic nations. Its potential for broad-based growth is catching the eyes of entrepreneurial and private sector actors looking to expand. But where are the most viable areas of growth, and where will they fall short?

Learn more about how Fletcher thinks about Africa’s role in the global economy:

As part of our “10 Questions” Series, we delve into hard questions of international business not easily answered by a single book, class, discipline, or school of thought. They herald a future where the world and the world of business are ever more interconnected, where decisions can’t be made in a bubble, where real expertise demands deep ‘contextual intelligence.’ This series reflects that contextual intelligence we cultivate in our students in the MIB program.

“From Rhetoric to Action” – 3rd Annual Fletcher School Africana Conference (Feb. 5, 2016)

Presented by the Fletcher Africana Club, the 3rd Annual Fletcher Africana Conference is coming up fast, taking place on the Tufts campus February 5, 2016. The conference will aim to move beyond conventional discourse to uncover and inspire the implementation of actionable solutions for some of the most critical challenges facing Africa today.

Africana Conference 2016

Keynote speakers will include Rosa Whitaker, CEO and President of the Whitaker Group, Kingsley Moghalu, Former Deputy Governor of the Central Bank of Nigeria, and Clare Akamanzi, Former COO of the Rwanda Development Board. Joining the keynote speakers will be panelists from Technoserve, Coca-Cola, the Enough Project, and many more.

Learn more about the conference and register today!

David Bowie taught me everything I need to know about innovation

Growing up in India, with neither iTunes nor YouTube, I was raised on a music diet of the old-fashioned essentials that played on the radio — the Beatles, the Stones, Bob Dylan. Our extreme boundaries were set by the likes of Jethro Tull and Led Zeppelin. And when we truly wanted to take a trip to outer space, there was David Bowie. If “innovation” were a person, he or she would have looked like David Bowie.

Read the full op-ed from Dean Chakravorti in The Washington Post

Congratulations to Ariel Jahner (MIB ’13), Forbes “30 Under 30” Recipient!

The MIB 2013 alumna is currently a Narcotics Affairs Officer with the US Embassy in Mexico City. It’s a well deserved award for the important work you do!

Ariel has served as the Narcotics Affairs Officer of the U.S. Embassy in Mexico City for the past two years, collaborating with the U.S. and Mexican interagencies to develop strategies to stem the flow of heroin from Mexico to the United States. Additionally, she is developing programs and strategies to boost the capacity of Mexican rule of law institutions and professionalize Mexico’s police force through the Merida Initiative. She holds a B.A. from American University and an MIB from Tufts University.

Read more at Forbes

Op-ed in Quartz from Prof. Amar Bhidé: “When it comes to ISIL, Europe is repeating the sins of its fathers”

When it comes to ISIL, Europe is repeating the sins of its fathers

While candidate Trump spouts anti-Muslim rants, elected officials on both sides of the Atlantic are pressing ahead with plans for military action that will shed real blood. The British Parliament just voted to join French airstrikes in Syria. US lawmakers, prominent democratic senators included, are pressing for a formal declaration of war against ISIL.

European powers have learned the virtues of peace at home. But, as the UK vote shows, the curse of waging war in faraway lands continues.

Read the full op-ed from Prof. Bhidé in Quartz

The 5 ways innovations fail at CES

The drumbeat heralding the annual Consumer Electronics Show (CES) was once again deafening.  Ever since the VCR, introduced in 1970, by Phillips, put CES on the map, it was clear that what happens every January in Las Vegas may not stay in Vegas; it could penetrate every aspect our lives.

That said, for every hit out of CES, there are hundreds of duds – even after they win awards and accolades. I find that the annual electronic extravaganza teaches us less about how innovations succeed, but more about how innovations fail. The insights into why they fail can help us navigate past the most common traps.

Read the full op-ed from Dean Chakravorti in The Washington Post

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