glomc00 - The Global Millennium Class
Topic: agriculture & rural development | authors | business & finance | economy | design | education | entrepreneurship & innovation | environment | general | healthcare | human resources | nonprofit | people | policy & governance | publishing | reviews | science & technology | university research
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Can AI tackle racial inequalities in healthcare? | BBC News, 06 feb 2021
IMF chief warns of 'lost generation' if low-income countries don't get more help | Khaleej Times, 06 feb 2021
Money Is Pouring Into Emerging Markets, and Out of the U.S. What That Means For Investors | Barron's, 06 feb 2021
The role of online exams in the future education system | Robotics & Automation News, 05 feb 2021
Healthcare industry could save $16.3B by automating key administrative tasks | Becker's Hospital Review, 05 feb 2021
Charting the World Economy: Employees Are Working Longer Hours | BloombergQuint, 05 feb 2021
'Life and death': Barriers to healthcare for ethnic minorities | ALJAZEERA, 04 feb 2021
Aligning Education With A Changing World | Forbes, 03 feb 2021
What will education look like in 20 years? | World Economic Forum, 28 jan 2021
Revolutionizing Agriculture: How Tech Trends Make Farming Smarter | Medium, 15 jan 2021
Mohammad Anas Wahaj | 31 jan 2016
Good designers often seek a balance between comfort and fashion while designing their clothes. They design to improve human lives. For most people jeans provide comfort and also fulfil their fashion quotient. Professor Elazer Edelman, a cardiologist and director of Harvard-MIT Biomedical Engineering Center, is going a step further and utilizing scientific approach to create 'FYT Jeans', that are designed for health and comfort. These jeans, developed in collaboration with designers from Portugal, are particularly suited for people who sit for long hours, like office workers. Initially the project was targeted for wheelchair dependent people, to provide them safe clothes. According to Prof. Edelman, 'There are a variety of modifications to the design around the knee...The zipper on the back is a very important and innovative design.' FYT Jeans don't bunch up behind the knee. He further adds, 'It's extra material, extra pressure. It's uncomfortable and it can actually be unsafe. It's everything from a little irritation to when people have diabetes or poor circulation, developing sores that never heal.' While explaining the future of healthy clothings, he says, 'You could certainly embed all kinds of sensors in them, and you could even give something, or embed something that was itself therapeutic.' Read on...
Mohammad Anas Wahaj | 28 jan 2016
According to a study, pharmaceutical promotional and marketing expenditures, that include direct-to-consumer advertising (like TV ads), promotions to physicians, journal advertising, distributing free samples etc, increased from US$ 11.4 billion in 1995 to US$ 28.9 billion in 2005. But a recent research study titled 'Does Increased Spending on Pharmaceutical Marketing Inhibit Pioneering Innovation?' by professors Denis Arnold and Jennifer Troyer from University of North Carolina at Charlotte, found that the more pharmaceutical firms spend on marketing drugs, the less likely it is that the firm will produce breakthrough drugs that offer major advances in treatment. Conversely, the more pharmaceutical companies spend on research and development, the more innovative are the results in terms of the development of pioneering drugs according to FDA classifications, i.e. drugs that will improve public health. Authors of the study comment that the research has important policy and ethics outcomes. Prof. Arnold says, 'This article is the first using empirical data to demonstrate that aggressive marketing of pharmaceutical drugs and truly innovative new drug development are at odds. The current patent regime, that provides equal patent protection for drugs regardless of their innovativeness, can be manipulated by firms to increase sales and drive up costs for society without improving public health.' According to Prof. Troyer, 'The effects of increased spending on R&D are large for pioneering drugs. For firms producing at least one pioneering drug over the period (1999-2009), increasing permanent R&D spending by 1% results in an almost one pioneering drug approval per firm.' Read on...
UNC Charlotte News:
For Pharmaceutical Companies, More Marketing Equals Less Innovation
Authors: Kirsten Khire, Buffie Stephens
Mohammad Anas Wahaj | 27 jan 2016
Product returns are an important part of customer-retailer relationship dynamics. In 2014, customers returned US$ 280 million worth of products across all US retailers. The latest research by doctoral student Ryan Freling (University of Texas at Dallas), Prof. Narayan Janakiraman (University of Texas at Arlington) and doctoral candidate Holly Syrdal (University of Texas at Arlington), conducted the meta-analysis of existing studies on return policies to quantify the policies' effect on consumers' purchase and return behavior. The study challenges the underlying assumption that all return policies affect purchases and returns in a similar manner. The study suggests that this is not the case, as retailers tend to impose restrictions to dissuade returns or offer leniency to encourage purchases by manipulating five return policy elements: time, money, effort, scope and exchange. The study found that overall lenient return policies positively affect purchase and return decisions. According to Mr. Freling, 'In general, firms use return policies to increase purchases but don't want to increase returns, which are costly. But all return policies are not the same...Return policy leniency should depend on the retailer's objectives. If a retailer wants to stimulate purchases, offering more lenient monetary policies and low-effort policies may be effective.' Read on...
UT Dallas News Center:
Researchers Examine Effect of Return Policies on Consumer Behavior
Author: Brittany Magelssen
Mohammad Anas Wahaj | 26 jan 2016
Social entrepreneurship takes initiatives to solve world's complex social problems through creativity, innovation and passion. Education and healthcare are two areas that require huge amount of resources and efforts to improve quality and access. In a number of cases various government, non-government and private organizations have to pool their resources and efforts for better outcomes in education and healthcare. Richard Barth, CEO of KIPP Foundation (US-based Education Social Enterprise), and Jonathan Jackson, Co-founder and CEO of Dimagi (Technology and Healthcare Social Enterprise that operates globally), explain how their two organizations are finding common ground, pooling their expertise and resources, utilizing technology and collaborating to find solutions to uplift their communities. Through their experience the organizations have observed that education and healthcare are substantially connected to each other. They explain, 'Dimagi and KIPP learned that the same child struggling with poor health is often unable to access a good education. There's no single solution that will improve their quality of life, and we can't fully address one challenge at the expense of the other.' This prompted the organizations to invest in each other's areas of expertise. Dimagi is branching out into education, and KIPP is incorporating healthcare into its approach. Since their interactions and relationships with communities in which they operate are central to their work, therefore, their collaboration will play an important role in effective application of solutions. The collaborative and partnership model can be applied by social enterprises working in different areas to maximize their impact and save efforts and resources. Read on...
The Seventy Four:
Social Entrepreneurship - Connecting the Worlds of Education and Health Care
Authors: Richard Barth, Jonathan Jackson
Mohammad Anas Wahaj | 25 jan 2016
Home interior design concepts continue to evolve with both designers and customers seeking new ways to update and upgrade the living environment. Following are the 25 latest design trends that include materials, strategies and concepts for modern homes in 2016 - (1) Two-tone kitchen cabinets (2) Outdoor fabric used indoors (3) Colored stainless steel appliances (Black stainless steel is one of the preferred color) (4) Extra-large-format tile (5) Separate bidet unit in bathroom (6) Deep kitchen drawers (7) Formal dining rooms (8) Niche appliances in kitchen (Steam ovens, warming drawers, induction cooktops, kimchi refrigerators etc) (9) Heated entryway floors (10) Workhorse islands (Becoming central features in modern kitchens with deep storage, prep sinks, room for sitting etc) (11) Statement mirrors in bathrooms (12) Barely there kitchens (13) Living rooms that ditch the tech for family (14) Kitchens that embrace openness and raw materials (15) Surprising backsplash and countertop pairings (16) Fully decorated living rooms that don't go overboard (17) Special kitchen features (18) Sunrooms (19) Punched-up white kitchens (20) Bold powder room wall coverings (Use of dazzling prints, textures and custom graphics) (21) Mixing modern materials, finishes and colors in the kitchen (22) Attention-seeking bedrooms (23) Bathrooms that feel more like living spaces (Use of graphic wallpaper, ornate chandeliers and furniture-like pieces etc) (24) Fireplaces and fire features (25) Farmhouse entryways. Read on...
Mohammad Anas Wahaj | 23 jan 2016
Social media has provided opportunities for publishing industry and their reporters, editors, journalists and columnists, to promote and market their content. In many cases this has resulted in the elevation of individual personal brands to iconic status with huge following, immensely benefiting the individuals and their employers. In some other cases it has also created challenging situations and adversely affected their careers. There are a number of academic studies that has been done to understand the role of company branding and personal branding. But Prof. Avery E. Holton of the University of Utah and Prof. Logan Molyneux of Temple University, assert that questions about the trend's impact on journalists' personal identities were largely left unanswered. Their study, 'Identity Lost? The Personal Impact of Brand Journalism', explores this issue and is based on interviews of 41 reporters and editors from various US publications. The authors suggest that publishing groups may need to reconsider how social media is used for branding, promotion and identity creation. Journalists find it challenging to balance their jobs and personal online identities and often have to choose one over the other. According to the authors, 'This choice presents a paradox: If journalists choose to present too much of a personal identity, they risk punishment by their employers. If they present only a professional identity, they risk offending their audiences.' Read on...
Journalism branding - Impact on reporters' personal identities
Author: Denise-Marie Ordway
Mohammad Anas Wahaj | 22 jan 2016
Concerned authorities try to provide affordable housing to their marginalized communities. In regions with extreme climate conditions it becomes even more challenging to manage costs related to energy consumption. Nanaimo Aboriginal Center (British Columbia, Canada) in partnership with the city administration is planning to build an affordable housing complex that will abide by the energy efficiency standards. The project will use passive housing design, that is more economical and is an alternative to LEED (Leadership in Energy and Environment Design). According to Chris Beaton, Executive Director of Nanaimo Aboriginal Center, 'You build your building so it's oriented to the sun and during the winter, you're allowing in the heat of the sun to warm the interior of the building. You put in robust insulation...then you vapour barrier it so no cold air is coming in and you're not losing heat during the winter.' Read on...
Nanaimo News Bulletin:
Affordable housing project aims to use passive house design
Author: Karl Yu
Mohammad Anas Wahaj | 20 jan 2016
According to a recent study by business psychologists at OPP, based on an online survey of over 300 people (71% female and with average age of 47 years) Modern features such as shared space and open-plan floors appeal mainly to extroverted workers and made introverts uncomfortable. The study explains that modern features like shared space and open-plan floors appeal mainly to extroverted workers and made introverts uncomfortable. John Hackston, Chartered Psychologist and Head of Research at OPP, says 'Despite changes in technology many people still work in an office. Understanding how personality interacts with the office environment is key to improving job satisfaction and productivity.' He suggests some of the simple changes that can be made - Allowing staff more storage for personal items when hot desking; Creating smaller neighbourhoods within open-plan offices; Not overdoing clear desk policies as clearing away all personal items can be demotivating to some people; Providing quiet zones for people to work in when needed. Read on...
Modern office design principles favour extroverts, study claims
Author: Mark Eltringham
Mohammad Anas Wahaj | 12 jan 2016
According to US Bureau of Labor Statistics website (bls.gov), 1987 United Nations conference defined sustainable development as, 'Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.' A report from the National Association for Environmental Management describes sustainability as, 'Company's strategies for acting as a responsible corporate citizen, ensuring its operations are financially sustainable and minimizing its environmental footprint. Sustainability initiatives may include natural resource reduction, supply chain management, worker safety and health initiatives, stakeholder engagement and external reporting.' Sustainability professionals are often employed by companies to achieve their goals by ensuring that their business practices are economically, socially, and environmentally sustainable. Sustainability is a diverse field and to pursue right careers requires thorough search starting from CSR (Corporate Social Responsibility) or sustainability departments of corporations, nonprofit or social startups, or social impact or social consulting firms. But apart from these usual approaches, Katie Kross (Managing Director of the Center for Energy, Development, and the Global Environment (EDGE) at Duke University's Fuqua School of Business), provides some other out of the box ideas for professionals seeking sustainability careers and want to make social impact - (1) Mission-driven brand manager (2) University sustainability director (3) ESG (Environmental-Social-Governance Investing) portfolio analyst (4) CSR account executive for a creative agency (5) Post-graduate intern at an environmental NGO (6) Foundation program officer. Read on...
6 Sustainability Careers That Haven't Occurred to You Yet
Author: Katie Kross
Mohammad Anas Wahaj | 04 jan 2016
Economic predictions are hard to make and it is even harder to guarantee their correctness. Falling of oil prices since summer of 2014 and sharp decline in China's economic growth that started recently, were events that analysts hardly predicted and took the world by surprise. And just now the escalating tensions between Saudi Arabia, largest producer of oil, and Iran, may see another swing in the oil prices. But there are signs and signals that can be observed to make a studied judgement regarding the direction of the global economy and how to be prepared in the best possible way to cushion against the shocks. Here are the top five new economic trends for 2016 - (1) The Global Economy Will Continue to Be Powered by America: With other developed economies growing even more slowly and collapse of economic growth in China, US seems to be a ray of hope. As US has largest trade deficit in the world, the other big economies depend on it. (2) China Will Stay Stuck in Second Gear: China's capital investment, both government and private, was enabled by growing debt, rather than profits. The wealth in China must shift to Chinese households, and away from powerful government officials and managers of public enterprises. Which is politically hard to happen soon. (3) Commodities Will Be Cheap: Bloomberg commodities index fell 26% in 2015. Collapse in Chinese growth is the main reason. (4) Europe will edge closer to crisis: European debt crisis continues. Unemployment rate for euro area remains at 10.7%. Imbalances that caused the crisis still are there. Euro binds together diverse set of economies, giving unfair advantage to some. (5) India will become the new growth king: IMF expects Indian economy to grow at 7.3% in 2016. It has advantage of demographics with large workforce and in next 10 years it will grow larger than the Chinese workforce. Read on...
These 5 Trends Will Shape the Global Economy in 2016
Author: Chris Matthews
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