HBS Institute for Business in Global Society

Ok The future of U.S.-China relations hangs in the balance this election year. Are you prepared for the pivotal shifts ahead? Our latest analysis dives deep into how the 2024 election will reshape America's most critical foreign relationship, with far-reaching implications for global business. Key insights: ? The stakes in this election are extraordinarily high—not just for the U.S., but for the world. ? Both candidates view #China as a major challenge, but their approaches differ significantly on #trade, climate, and military engagement. ? The "Davidson Window" suggests 2027 as a high-probability timeframe for China to take action against #Taiwan. From #supplychain disruptions to new opportunities in green tech, discover how your business can navigate the changing landscape: https://lnkd.in/eeTq94FC Column by Harvard Business School professor Jim Matheson How is your company preparing for potential shifts in U.S.-China dynamics? Share your thoughts below ?? #USChinaRelations #Election2024 #GlobalBusiness #Harris2024 #Trump2024 #EV #decarbonization #climate #IRA #CHIPSAct

Seeing diversity as an opportunity for impact and financial success, rather than a challenge, is core to Sarah Kaplan's worldview. Kaplan, a distinguished professor of gender and the economy at the University of Toronto's Rotman School of Management, joins our institute at Harvard Business School to encourage leaders to reframe their thinking around diversity, lest they get left "behind the eight ball." Take Kaplan's example of McCarthy Uniforms: A new #CEO is tasked with turning the company around in four years. She discovers that the company is selling school uniforms with the hems undone, assuming that parents (specifically, mothers) will have time to hem them. Realizing that this is an unrealistic and gendered expectation, McCarthy Uniforms begins selling hem tape to eliminate the need for time-consuming sewing. Can you guess how quickly the CEO was able to save the company when she evaluated product strategy through the lens of #gender #inclusivity? #GenderEquality #DEI #Inclusion #Diversity #Sustainability #Business #Innovation #Inequality #Race #Equity HBS Race, Gender & Equity Initiative | Institute for Gender and the Economy

?? To our incredible community of over 10,000 followers: ? Thank you for being part of the BiGS journey! Your engagement, insights, and support have been instrumental in fostering a vibrant global community of business, government, and non-profit leaders, as well as scholars at Harvard Business School and beyond. ? Together, we're shaping the future of business in society and evolving the next generations of #capitalism. Here's to the next chapter of innovation, collaboration, and impact. ? With gratitude, The HBS BiGS Team #HBS #Celebration #BiGSCommunity

Left or right, "big government" is making a comeback. Discover how this unexpected political shift could reshape America's future, regardless of who wins in November. Our latest analysis reveals a surprising convergence in American #politics: both major parties are embracing an expanded role for federal power. The implications? Far-reaching and profound. Get a deep dive ?? https://lnkd.in/eyHQGxK3 Key insights: ? 89% of company executives view hashtag #polarization and extremism as a threat to the business climate. (The Conference Board study) ? No matter what happens in November, the next president is likely to use the federal government as a powerful force, with significant implications for business. From #healthcare to #energypolicy, this seismic change in governance philosophy is set to impact every sector. How will it affect your industry? Read our full analysis to understand the changing landscape and prepare for what's ahead: https://lnkd.in/eyHQGxK3 What's your take on this shift? ?? We'd love to hear your perspectives. Column by Harvard Business School senior associate dean, Debora Spar #HBS #Harris2024 #Trump2024 Democratic National Committee Republican National Committee #DEI #EV #union #IRA #AIregulation #AI #fossilfuels

Is business really just about money? R. Edward Freeman argues that there’s more to the story. As a professor at the University of Virginia Darden School of Business, Freeman has spent the last 45 years researching the relationship between business and society. His conclusions point to the need for a new #narrative about business and capitalism that is not only focused on money but also on value and purpose. Freeman’s research uncovers critical questions – How can business create win-win solutions for themselves and society? What business models are the most ethical? Where can companies start on a purpose-driven journey? To learn more about Freeman’s vision for responsible capitalism, visit: https://lnkd.in/e4W5H3Z4 For more on BiGS Fix stories on #purpose of the firm and new models of #capitalism, visit: https://lnkd.in/ec_hzjxH #Shareholders #HBS #Impact #ESG #ClimateChange #AI #Inequality #Economics #Ethics #BusinessEthics Harvard Business School

?? BOSTON — As America gears up for one of the most consequential #elections in its history, business leaders are bracing for the potential fallout that could ripple throughout workplaces, colleges, boardrooms and across industries. The pending showdown between Vice President Kamala Harris and former President Donald Trump doesn't just pose questions for November 5th—it heralds a wave of uncertainty. That's why the HBS Institute for Business in Global Society -- which presents timely, actionable insights based on rigorous #research in straightforward ways -- today launched its first-ever #BiGS #Election #Guide for #CEOs. I hope you’ll read the series and share your comments along the way. We'll publish two stories per week on the BiGS newsroom, which are being written and edited by incredibly talented writers with decades of experience at outlets including The New York Times, Bloomberg, National Journal, USA TODAY, The Atlantic and more! https://lnkd.in/eJsJyHDZ Read my piece for a full overview, but if you're short on time, here's a cheat sheet on what to expect in the BiGS Election Guide series: ?? An exploration of the role of the state by?Debora Spar, professor and senior associate dean at Harvard Business School and leader of BiGS ?? An overview of #U.S-#China relations by?Jim Matheson, senior lecturer at Harvard Business School and board director for #investment groups, including Breakthrough Energy ?? A look at how U.S. trade policies are likely to evolve, including commentary by professor Willy Shih of Harvard Business School who studies the impact of globalization on competitiveness and the evolution of global supply chains #research #democracy #information #journalism #trust #communication #elections #knowledge #insights

As America braces for a momentous Harris vs. Trump showdown, Harvard Business School unveils a guide to help #CEOs navigate the political storm ahead. Here's why our new #BiGS Election Guide and upcoming content are crucial: ? 64% of employees expect CEOs to "manage changes occurring in society, not just those occurring in their business." ? Only 20% globally are willing to work with colleagues who strongly disagree with their views. As Debora Spar, senior associate dean at #HBS and leader of BiGS, puts it: "The stakes for the business world could not be higher." Stay tuned for articles and content that feature: ? Real-time insights from top experts ? Analysis on everything from trade to DEI ? Strategies to navigate the post-election turbulence Don't let uncertainty keep you up at night. Dive into our first-of-its-kind resource and stay ahead of the curve. Read more ?? https://lnkd.in/ei4jAnuJ #Election2024 #LeadershipInsights #Harris2024 #Trump2024 #Democracy #BiGSElectionsGuide

The transition to a low carbon-economy because of climate change represents a multi-trillion value opportunity for businesses that can create effective solutions for their customer needs. Providing those solutions will depend on asking the right strategic questions and often leading organizational and industry transformation. My latest article in strategy+business outlines 10 key questions that executives must consider when shaping their climate-transition strategies. Explore the interactive graphics to understand where your organization stands and how to create a competitive advantage throughout the transition. #ClimateAction #Sustainability #BusinessStrategy #Innovation #Technology #OrganizationalTransformation https://lnkd.in/eFJXbE_4

Did you know? ?????? ??.??. ?????????? ???? ???????????? ?????? ???????????????????????? ?????????????? ???? ???? ?????????? ????% ???? ???????? ???? ???????? ?????????? ???????????? ??????????. Yet, the pace of building high-voltage transmission lines has declined in recent years.?Why? Click to find out: https://lnkd.in/ew8aCRrd ?? Key insights from a recent Harvard-MIT study: ? Community engagement is crucial but often overlooked ? Approval processes can take up to 15 years ? Social equity and early engagement are essential The Texas CREZ project shows a better way: more community education, transparency, and faster approvals. As former Energy Secretary Ernest J. Moniz puts it: "This idea that clean energy transition, energy security, and social equity are one conversation is actually seeping into the process. I wish it were faster. I wish it had happened 10 years ago." As we transition to renewable energy and face growing electricity demands, addressing these challenges is more critical than ever. What are your thoughts on balancing national energy needs with local community concerns? #CleanEnergy #GridExpansion #RenewableEnergy #CommunityEngagement #climatechange Harvard Business School Harvard University Massachusetts Institute of Technology The Salata Institute for Climate and Sustainability at Harvard University HBS Business and Environment Initiative

I spoke to the HBS Institute for Business in Global Society about the role of business in this election. Offering time off to vote is now table stakes. In many states, it's the law. There are many nonpartisan actions business can take in the next months to both promote democracy and mitigate risk. Check out the link in comments for a roundup of Weber Shandwick's polling of employees and consumers on this topic.