During one week in April 2010, distribution of packages and cargoes by air were grounded throughout Europe, as the eruption of a major series of volcanoes sent toxic and metallic particles into the air in the form of gas clouds. Most airlines operating in the affected area, anxious to comply...

With the focus of this conference on resource scarcity and resource constraints, it seemed to me that a key aspect of ensuring resource availability is distribution. But distribution depends on the perception of risk, which therefore determines price and availability. When can distribution be...

Over the last few years many business schools around the world have responded to the increasing interest in climate change and the expressed need to conserve the resources of the planet. These institutions are offering short certificate courses for executives, electives on Master’s courses,...

Purpose: The cost of global piracy has been estimated at $15-25 billion. During 2011, piracy reached an all-time high, but decreased in 2012. Although piracy remains an ongoing threat to world trade and raises commodity costs, piracy activity is being reduced; but the complete resolution of the...

Research by our co-author Weihua Huang suggests that according to the Hurun Wealth Report 2010, in China there are at least 875,000 USD millionaires, 1900 RMB billionaires (with over EUR 110 million), and 140 Chinese have made over RMB 10 billion. Many of these are comparatively young –...

The use of social media has become a way of life for millions in recent years. Facebook, Twitter, YouTube and networking sites like Linked-in have become essential for communicating, making contacts, keeping up-to-date and spreading the word. The vast majority of users are interested in catching...

High rates of accidents and deaths among construction workers have marred our excitement about elegant new buildings gracing the skylines of cities in many emerging markets – but is this now a thing of the past? Will economic recovery and growth provide a new opportunity to rid the world of a...

In managing business in emerging markets, Corporate Social Responsibility [CSR] is an issue of growing worldwide concern. It adds to the complexity of the management task in this environment, contributing to risks faced in all business transactions – although it may not be seen in this precise...