Harvard Business School professors discuss U.S.-China trade, Disney, CVS Health, short-termism, and persuasive opinions. They recommend NBER, 'Bel Canto', 'Chernobyl', 'Fleabag', and the 'Best Green Salad in the World'.
Companies are aligning with nation-states in the face of evolving politics, exemplified by the Huawei case.
The intersection of trade, national security, and critical infrastructure requires a reevaluation of traditional free trade principles.
Deep dives
Impacts of Slow-moving Developments in the Relationship between Companies and Governments
Focusing on the evolving dynamics between companies and governments, recent shifts indicate a departure from firms operating above political authorities to aligning with nation-states. The Huawei case exemplifies this realignment where companies are becoming agents of their home countries, a significant departure from the past half-century. This transition poses challenges and uncertainties, emphasizing the need to evaluate the implications of this new paradigm.
Consideration of State-sponsored Capitalism in a Changing Global Economy
As the landscape of international trade transforms, questions arise on the competitiveness of liberal democratic capitalism against state-sponsored models like China's. The intersection of trade, national security, and critical infrastructure compels a reevaluation of traditional free trade principles. The need to navigate economic dependencies and geopolitical tensions underscores the complexity of balancing commercial interests with national security imperatives.
Potential Contention in the Fragmentation of Global Business and Technology
Foreseeing a future marked by fragmented infrastructures and technology ecosystems, the risk of escalating conflicts looms amidst the growing separation between nations like China and the US. The divergence in technological sovereignty raises concerns about global alignment and potential geopolitical alliances. The evolution towards distinct technological domains underscores the intricate interplay between economic interdependence and geopolitical stability.
Evaluating the Criteria for Identifying Emerging Consumer Tech Giants
Reflecting on the trajectories of tech behemoths like Apple and Amazon, the likelihood of replicating their rapid ascents remains uncertain. Rather than expecting similar meteoric rises, the repositioning of established giants such as Microsoft and Walmart might define the next wave of influential consumer tech players. The transformative potential lies in leveraging existing strengths to adapt to contemporary market demands and technological advancements for sustainable growth and market impact.
Youngme Moon, Felix Oberholzer-Gee, and Mihir Desai answer questions from listeners and end up discussing everything from the U.S.-China trade dispute to Disney, CVS Health, short-termism, and how to express an opinion persuasively.
You can email your comments and ideas for future episodes to: harvardafterhours@gmail.com. You can follow Youngme and Mihir on Twitter at: @YoungmeMoon and @DesaiMihirA.