In an interview, Jocelyn Wyatt, head of IDEO's social innovation design domain, talked about the power of design to change the world. IDEO began 30 years ago by designing products. However, over time they've applied the approach of human-centered design to services, spaces, businesses and systems. They believe in the power of design thinking to enrich and transform, and to take on big challenges that the world faces, from climate change to education and health care to financial inclusion. They are currently working with Acumen Fund on a water project in India and Kenya. They have developed a social marketing campaign to spread awareness about the importance of drinking safe water and a water delivery business and cart for female micro-entrepreneurs to deliver water in slum communities. ...
Even his neighbors find his devotion a bit unbelievable. "It is early January and I am on my way home with the sail bag over one shoulder and the camera case over the other when I run into a neighbor," Colbing relates. "'You can't possibly have been out to sea today!' is his astonished remark. 'Sailing! You can't expect me to believe you've got a boat afloat now, in the depths of winter? Boats are supposed to be hauled out at the beginning of October! And it's twelve degrees below... You camped out there? Yeah, right, don't try that one on me!
The current account deficit of the United States, which about 6 1/2% of GDP, is generally regarded as unsustainable. Many observers hold the view that a sharp correction of this imbalance is imminent; this could lead to massive problems in the world economy because they believe that a drastic fall in the value of the US dollar and, consequently, a sharp appreciation of European currencies is inevitable. However, various economic adjustments in terms of global savings and investment suggest that the deficit will decrease to a sustainable level, even though this process may take several years. According to our simulations with a macroeconometric model for the world economy, the adjustment may indeed be fairly smooth. Accordingly, the adverse effects on the German economy and on the Euro A...
Stories are one of the great forces of the universe; they can pull people together or drive them apart; they make people laugh, or cry, or lean in spellbound; they give people values to believe in and reasons for being. Consumers are vital to the shaping of these stories for they make the private sector work through businesses and brands. The global information revolution is creating a new culture of radical transparency, and a new meritocracy. The fact that consumers are demanding higher ethical standards is a huge creative spur for many businesses. The spectacular events of the past several weeks in financial markets and, more broadly, in the global economy will continue to have far reaching effects on consumer behavior. Consumers will find their own balance between values and 'value'...
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