“A decade-long global decline in productivity growth threatens future competitiveness” in developed economies and emerging markets, according to the Conference Board. This probably would signal the end of three decades of global competition and technological spree as we have known them.
<p>Let's bet on a creative future until the next doomsday.</p>
<p>Productivity is the ultimate test of your ability to perform. You cannot control global output, interest rates, market access or technological innovation. But it is up to you to combine all these factors, and a few more, into the best possible business model. This rule is quite simple and can be applied in any scenario. It is not less true during a recession, just more challenging.</p>