Photo by Fightfor15.org 1. SPOTLIGHT: Will $15 wages destroy California jobs? California is moving toward a $15/hour minimum wage (slowly, stepping up through 2023). Will employers be forced to eliminate jobs under the added financial pressure? As with all things economic, it depends who you ask. Lots of numbers have been thrown around during the […]
1. #rapidisthenewblack The need for speed is paramount, so it’s crucial that we test ideas and synthesize evidence quickly without losing necessary rigor. Examples of people working hard to get it right: The Digital Health Breakthrough Network is a very cool idea, supported by an A-list team. They (@AskDHBN) seek New York City-based startups who […]
1. Management research: Alchemy → Chemistry? McKinsey’s Michael Birshan and Thomas Meakin set out to “take a data-driven look” at the strategic moves of newly appointed CEOs, and how those moves influenced company returns. The accompanying podcast (with transcript), CEO transitions: The science of success, says “A lot of the existing literature is quite qualitative, […]
1. Behavioral economics → Healthcare innovation. Jaan Sidorov (@DisMgtCareBlog) writes on the @Health_Affairs blog about roadblocks to healthcare innovation. Behavioral economics can help us truly understand resistance to change, including unconscious bias, so valuable improvements will gain more traction. Sidoro offers concise explanations of hyperbolic discounting, experience weighting, social utility, predictive value, and other relevant […]