Economics, Management and Technology

The notion of 'psychological safety' has been around since the '90s. It is becoming the buzzword again as tech-giant Google's Project Aristotle reinforces the concept as one of the leading factors for team success in innovation. This post will name drop the resources along the way, so you can read further about what is being said. However, this post is here to discuss what happens if the question is flipped on its head - what is innovation and technology's answer to 'psychological safety'?  We live in an era that is seeing the boom of mental health app downloads stemmed by awareness and the eradication of social stigma behind mental health issues at a social level. COVID-19 has made jobs that were previously thought to be impossible through telecommuting or work-from-home, possible now to secure the physical safety of its employees. But, what would it take for firms to begin investing in employee engagement strategies for lower turnover, higher productivity

The Indian savings rate has plummeted in the last decade from 38% to 30%. Those Millennials that do save with formal financial institutions, find mutual funds and SIPs more suited to their lifestyle in contrast to Boomers who support the stock market and bonds.  Joseph Schumpeter , a leading economist, highlighted relationships between mathematics, statistics, economics and history. He once said that if he had a choice of only one subject, it would be history. Following his advice, I begin my write-up with the economic events that have shaped the financially secure Baby Boomers who are soon going to retire. I will also detail and contrast it to events experienced by millennials such as myself, a generation that the internet describes as urban, avocado-eating, cappuccino-drinking, Uber-pooling consumers who spend more than their parents. I proceed to provide reasons as to why this caricature of our generation is misleading, in light of the fact that Indian millennials differ from global

What do I mean by crossing the T? In reference to the metaphor of dotting your i's and crossing your t's, this blog post is going to be about paying attention to the little details of the economy, which is being pushed to transform rapidly by COVID-19. In this moment of many transitions, I would like to take a time-lapse capture of the metamorphosis of the global economy from an industrial-based one to a knowledge-based economy.  What is a knowledge-based economy?  As the name suggests a knowledge-based economy is one that attributes the flow of resources to the production, distribution and consumption of information. For example, in information systems, a knowledge management system is one that requires the specialisation of an expert to use their abilities to interpret the data and convert it into information. This usually occurs at a mid-senior level in a traditional hierarchical environment. However, in 2020 we are seeing the workplace transform dynamically into flat hierar

The starting point for me was when I studied Edexcel A-level economics. During class, I often wondered how I could train myself to absorb microeconomics and macroeconomic concepts and witness their transparent transition into the world around me. I also wanted to test the spirit of academia and see how far it would take me in the real world.  Fast forward 10 years - what did I learn from A-level Economics?  The first thing I learnt was that academia is like a fast track process and more time-efficient way of learning ideas, provided you have the resources. For example, economics revolves around the idea of how people and make decisions and choices. As economists, we create simplified models to predict these choices but it's almost like comparing a surreal painting to reality.  The second thing I learnt was that schooling also has its limitations and it's ultimately a lifelong learning attitude that one needs to adopt to ultimately succeed. For example, it was only at university