Robert Carmichael

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Going Abroad in Search of Higher Productivity at Home

You have your eye on a foreign company with an exciting business model—or maybe it has knowledge your firm lacks—and you’re pondering whether to acquire it. In theory, the acquisition would give your company new expertise and help it grow, but integrating a foreign firm might hamper your domestic …

Why America Is Losing Its Entrepreneurial Edge

The U.S. is one of the few nations on earth where private, for-profit business formation is seen as a quasi-heroic act. The resulting entrepreneurial culture has captured the world’s imagination and driven the nation to great prosperity. Yet now it is clearly faltering.<p>In a new paper that’s already …

The Peril of Untrained Entry-Level Employees

Just-released findings of the Accenture 2014 College Graduate Employment Survey offer good news and bad news for employers of entry-level talent. First the bad news: most of those employers aren’t doing much to provide their new hires with the training and support they need to get their careers off …

A Simple Tool for Making Better Forecasts

One of the most basic keys to good decision-making is accurate forecasting of the future. In order to bring about the best outcomes, a company must correctly anticipate the most likely future states of the world. Yet despite its importance, companies not only routinely make basic forecasting …

Collective Genius

Google’s astonishing success in its first decade now seems to have been almost inevitable. But step inside its systems infrastructure group, and you quickly learn otherwise. The company’s meteoric growth depended in large part on its ability to innovate and scale up its infrastructure at an …