 | From the Editor's Desk
Innovation Doesnt Have to Be Disruptive For the past 20 years “disruption” has been a battle cry in business. Not surprisingly, many have come to see it as a near-synonym for innovation. But the obsession with disruption obscures an important truth: Market-creating innovation isn’t always disruptive. Disruption may be what people talk about. It’s certainly important, and it’s all around us. But, as the authors of the best-selling book Blue Ocean Strategy argue, it’s only one end of the innovation spectrum. On the other end is what they call nondisruptive creation, through which new industries, new jobs, and profitable growth are created without social harm. Nondisruptive creation reveals an immense potential to establish new markets where none existed before and, in doing so, to foster economic growth without a loss of jobs or damage to other industries, enabling business and society to thrive together.
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WorkHow to Tell If a Prospective Workplace Is Toxic - Harvard Business Review (No paywall)
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 Hunt said he agreed with the IMF that “untargeted tax cuts that are just crowd pleasers” were not a good idea, in a thinly veiled reference to Liz Truss and Kwasi Kwarteng’s disastrous mini-budget in September 2022, when unfunded tax cuts roiled markets and sent UK borrowing costs surging. WorkWorkWorkHouse passes US bill to expand child tax credit and revive business tax breaks
 The bill also would enhance a tax credit for the construction or rehabilitation of rental housing targeted to lower-income households, adding an estimated 200,000 housing units around the country. That was a key priority of lawmakers from states with acute housing shortages and soaring prices. And it would ensure victims of certain natural disasters and the East Palestine, Ohio, train derailment don’t get hit with a big tax bill for payments they received as compensation for their losses. |
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