In this week’s ExO ‘Hits of the Week,’ here is what our community is reading:
- Modern Business Models Will Drive the Post-Pandemic World
- Nearly half of Gen Z is using TikTok and Instagram for search instead of Google, according to Google's own data
- Plant-based meat by far the best climate investment
- Ten Thousand Years of Patriarchy
- Why does Kemi Badenoch want to break up the Treasury?
Here are our top five Exponential ‘Hits of the Week:’
1. Modern Business Models Will Drive the Post-Pandemic World
Publication: Lanham Napier, Jim Curry, Barry Libert, and K.D. de Vries, MIT Sloane Management Review
Date: August 17, 2020
In the face of a global health and economic crisis, many traditional companies have suffered tremendous losses, and some have shuttered their doors. Those that heavily rely on physical capital (for example, stores, goods) and human capital (for example, services) were already vulnerable in economic downturns. The pandemic has exacerbated the lack of resilience in these business models, which have struggled to compete against digitally centric companies that can leverage data and machine learning to create valuable insights, intelligence, and capabilities across the organization.
2. Nearly half of Gen Z is using TikTok and Instagram for search instead of Google, according to Google's own data
Publication: George Glover, Business Insider
Date: 13 July 2022
Nearly 40% of Gen Z prefers searching on TikTok and Instagram over Google Search and Maps, according to Google's internal data first reported by TechCrunch.
TikTok, which is the fastest-growing social media app, has exploded in popularity over the past few years so much so that it inspired social media competitors Instagram and Snapchat to roll out copycat video features in Reels and Spotlight.
Now, a Google executive has confirmed that TikTok's format is changing the way young people conduct internet searches, and Google is working to keep up.
3. Plant-based meat by far the best climate investment
Image credit: Nathaniel Noir/Alamy
Publication: Damian Carrington
Date: 07 July 2022
Investments in plant-based alternatives to meat lead to far greater cuts in climate-heating emissions than other green investments, according to one of the world’s biggest consultancy firms.
The report from the Boston Consulting Group (BCG) found that, for each dollar, investment in improving and scaling up the production of meat and dairy alternatives resulted in three times more greenhouse gas reductions compared with investment in green cement technology, seven times more than green buildings and 11 times more than zero-emission cars.
4. Ten Thousand Years of Patriarchy
Publication: Alice Evans
Date: 3 June 2022
Our world is marked by the Great Gender Divergence. Objective data on employment, governance, laws, and violence shows that all societies are gender unequal, some more than others. In South Asia, North Africa, and the Middle East, it is men who provide for their families and organize politically. Chinese women work but are still locked out of politics. Latin America has undergone radical transformation, staging massive rallies against male violence and nearly achieving gender parity in political representation. Scandinavia still comes closest to a feminist utopia, but for most of history, Europe was far more patriarchal than matrilineal South East Asia and Southern Africa.
What explains the Great Gender Divergence? It emerged in the twentieth century as a result of the great divergence in economic and political development across countries. In countries that underwent rapid growth, technological change freed women from domestic drudgery while industry and services increased demand for their labour. Paid work in the public sphere enables women to build strong supportive friendships. They build solidarity.
5. Why does Kemi Badenoch want to break up the Treasury?
Image credit: Getty Image
Publication: Stian Westlake, The Spectator
Date: 17 July 2022
Conservative leadership elections aren’t usually associated with big policy ideas. But last week Kemi Badenoch put forward a proposal that could revolutionize the way the British state works. She suggested we should break up the most powerful government department, the Treasury. Others also think there’s a problem; Penny Mordaunt’s book Greater: Britain After The Storm suggests ‘decentralizing’ and ‘localizing’ Britain’s finance ministry. What’s behind the sudden interest in the fate of the goings-on in one building in Whitehall?
Additional research support from Shabbir Esmael
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