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Michael G. Jacobides
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Michael G Jacobides holds the Sir Donald Gordon Chair of Entrepreneurship and Innovation at London Business School.

Entries by Michael G. Jacobides

Greece: Caught Between an Economic Rock and a Political Hard Place

(0) Comments | Posted September 21, 2015 | 6:47 AM

Yesterday's elections gave Alexis Tsipras an unexpectedly large lead, confounding both the pollsters and most observers' expectations. This was an election won on feelings, not facts. Sven among SYRIZA's own voters, negative views of its handling of the economy failed to dent its lead.

Tsipras' tactic of positioning himself...

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Greek Smoke and Mirrors

(0) Comments | Posted January 26, 2015 | 11:28 AM

Syriza's win after yesterday's general elections, has turned the spotlight back on to Greece.

Syriza, a motley crew of left-wing hardliners, former socialist union members and anarchists, had softened its tone of late, at least judging from the statements of its charismatic leader, Alexis Tsipras.

Under the leadership of...

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From Black Swans to Grey Rhinos: Four Ways Academics Can Help Managers

(0) Comments | Posted January 6, 2015 | 1:37 PM

As academics, our job is to help managers tune into the rustling leaves or cracking twigs of an approaching challenge -- or opportunity -- before it's upon them. To do that, we must focus on the parts of the environment that matter most, and make sure the tools we carry...

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How Europe Is Betraying Its Children

(2) Comments | Posted December 10, 2013 | 1:39 PM

I recently participated in a debate organized by the Economist on whether the new generation has the skills it needs to succeed in tomorrow's world. I thought I had the easy job of arguing that, especially in countries like Greece (where the event took place), there is a serious skill...

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Blackberry's Woes and Lessons for Value Migration

(0) Comments | Posted August 30, 2013 | 6:08 PM

The recent news that Blackberry is "exploring options," possibly including a sale of the business, underlines a significant transformation in our competitive landscape. Success or failure isn't just about having a good product, or a well-run, cost-effective company with a sound capital structure. It also requires an effective strategy to...

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Greece in the Balance

(6) Comments | Posted July 2, 2013 | 3:02 PM

Greece is back in the news. It's not all bad. The country hasn't crashed out of the euro and there's even talk of "Grecovery." Major funds, including Third Point LLC, are poised to invest billions of euros in the country. Chinese giant Cosco has announced big investments in Greece's major...

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Europe: Towards a Governance Union?

(4) Comments | Posted February 25, 2013 | 4:10 PM

Co-authored by Martin Bruncko


The European Union has run out of steam. First constructed to defuse tensions following two world wars and help create a bigger and deeper marketplace, it was then refurbished as an aspirational club to which poorer southern European and former Soviet Bloc countries could...

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The Horse-burger Debacle: No Pain, No Gain for Tesco

(1) Comments | Posted February 21, 2013 | 6:13 PM

The recent scandal with Tesco's burgers has reignited a discussion about who, along the value chain, should bear the brunt of responsibility for a product. Much has been said about the moral dimension; there's been quite a bit of discussion about the legal issues of liabilities and representations; but much...

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Making Sense of the Sense-making in Davos

(0) Comments | Posted February 8, 2013 | 10:34 AM

So the Davos schmooze-fest is over, and it's been quite fun. One of the high points was organizing and moderating a private session on reforming the reform agenda, using as discussion leaders two prime ministers (Sweden and Latvia), the President of the European Parliament and the FT's Martin Wolf. Another...

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Why Financial Discipline Won't Save Europe and How Governance Change Might Do the Trick

(10) Comments | Posted August 7, 2012 | 10:23 AM

The EU has taken a hesitant but crucial step towards its own integration and the survival of the Euro. Through the provision of bank guarantees, the vicious circle between latent currency instability and deposit runs may have been broken. Bankia may be relieved that it will not be run into...

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A Uniquely Greek Tragedy

(22) Comments | Posted May 11, 2012 | 6:07 PM

As the debt crisis in Europe continues to unravel, a better understanding of what really caused the crisis and how it should be resolved is starting to emerge. Analysts initially focused on the similarities between Portugal, Ireland, Italy, Greece and Spain -- lumping them together under the unflattering "PIIGS" acronym....

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