Business Talk

A new wave of digital e-commerce platforms is emerging, posing a challenge to industry giants like Alibaba and Amazon. Social e-commerce platforms - such as Shopify, BigCommerce, PinDuoDuo, and SEA Ltd. have successfully established a global presence by adopting innovative business models that surpass traditional approaches. This episode delves into the factors driving the rapid rise of social e-commerce.

Firstly, these platforms prioritize an enhanced user experience, offering intuitive interfaces and an engaging, often gamified, shopping journey within a virtual mall setting. Secondly, unlike conventional e-commerce sites or social media platforms, social e-commerce effectively merges the advantages of both direct and indirect network effects while seamlessly integrating complementary services. By examining the best practices of leading social e-commerce companies, business leaders can gain valuable insights to reimagine and transform their digital shopping experiences. As social e-commerce continues to grow, it is poised to become a significant force in the future of online shopping.

Renowned global researchers Prof. Ashish Sinha from the University of Queensland Business School and Prof. Kiran Pedada from the Asper School of Business, University of Manitoba, offer valuable insights into the future of e-commerce, focusing on the emerging dominance of social commerce platforms.

To learn more about Prof. Ashish Sinha’s research and impact, please refer to this link: https://business.uq.edu.au/profile/16388/ashish-sinha

For more information on Prof. Kiran Pedada’s research and impact, please visit the following link: https://umanitoba.ca/asper/kiran-pedada

This podcast is brought to you by Global Management Consultancy. For more information, please visit www.globalmanagementconsultancy.com.

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A. The background music used in this video is the property of its respective developer and is protected by Copyright. Although it is a free version, Business Talk, Global Management Consultancy and Deepak Bhatt do not hold the rights to this music.

B. Prof. Ashish Sinha and Prof. Kiran Pedada have generously given us permission to share insights from their research, "Ecommerce Disrupted: Is Social Ecommerce the Future of Online Shopping?" on the Business Talk Podcast Channel. The uploaded video contains copyrighted material; therefore, any modifications to graphics, music, or the presence of the author or host are strictly prohibited.

This episode explores "products that grow," which adapt to users' evolving needs, offering benefits like cost savings and sustainability. Examples include reconfigurable toys, Tesla’s with software upgrades, and tunable eyeglass lenses. These products help companies build stronger customer connections, respond swiftly to market changes, and drive continuous innovation. Dr. Tojin Eapen explores challenges like age-related changes, technological advancements, and shifting learning needs, while outlining value-capture strategies such as premium pricing, upgrade fees, complementary products, and more. In an era, valuing flexibility and durability, transitioning to adaptive products positions companies for success.

This podcast is brought to you by Global Management Consultancy. For more information, please visit www.globalmanagementconsultancy.com.

Disclaimer:

A. The background music used in this video is the property of its respective developer and is protected by Copyright. Although it is a free version, Business Talk, Global Management Consultancy and Deepak Bhatt do not hold the rights to this music.

B. Dr. Tojin Thomas Eapen has graciously allowed us to share insights from his research, "Design Products that Grow to Delight Customers," on the Business Talk Podcast Channel. The uploaded video contains copyrighted material; therefore, any modifications to graphics, music, or the presence of the author or host are strictly prohibited.

A former IBM employee, Dr. James Cortada, provides an authoritative history of IBM, chronicling its significant influence on global business over the past century. Once an iconic force with its products and corporate culture shaping industries worldwide, IBM faced both triumphs and challenges, including near-collapse in the 1990s and a revival through strategic shifts and AI focus. Dr. Cortada delves into IBM's technology innovations, business culture, global reach, legal challenges, and leadership, highlighting its remarkable adaptability as the key to its enduring success in the IT market.

Dr. James Cortada is a historian specializing in the business and economic history of information and information technologies.

With over 38 years at IBM, he held diverse roles in sales, consulting, management, and executive positions. He actively participates in the IEEE Computer Society and the American Historical Association and serves on the board of directors for the IT History Society. These engagements significantly shape his research endeavours. Currently, Dr. James Cortada serves as a Senior Research Fellow at the Charles Babbage Institute, part of the College of Science and Engineering and University Libraries at The University of Minnesota.

In this episode, Dr. James Cortada shares profound insights from his widely acclaimed book, “IBM: The Rise and Fall and Reinvention of a Global Icon.”

This podcast is brought to you by Global Management Consultancy. For more information, please visit www.globalmanagementconsultancy.com.

Disclaimer:

A. The background music used in this video is the property of its respective developer and is protected by Copyright. Although it is a free version, Business Talk, Global Management Consultancy and Deepak Bhatt do not hold the rights to this music.

B. Dr. James Cortada has graciously allowed us to share insights from his book, “IBM: The Rise and Fall and Reinvention of a Global Icon,” on the Business Talk Podcast Channel. The uploaded video contains copyrighted material; therefore, any modifications to graphics, music, or the presence of the author or host are strictly prohibited.

Herbert Simon emphasized the shift in bounded rationality from substantive to procedural rationality. Substantive rationality focuses on what we should prefer or believe, while procedural rationality examines how we determine those preferences or beliefs. Simon argued that the key task for bounded rationality theories is to develop a framework for rational inquiry under constraints. "Inquiry Under Bounds" builds on this by proposing a five-point bounded rationality program rooted in cognitive science. Dr. David Thorstad advocates for a reason-responsiveness consequentialist approach, clarifying and defending core insights of bounded rationality and addressing recent epistemological debates.

Dr. David Thorstad is an Assistant Professor of Philosophy at Vanderbilt University. He earned his Ph.D. from Harvard University and has been a Postdoctoral Research Fellow at the Global Priorities Institute, Oxford, and a Research Affiliate at the MINT Lab, Australian National University. His research focuses on epistemology and value theory, exploring bounded rationality, altruistic decision-making, and the ethics of emerging technologies. In this episode, Dr. David shares key insights from his acclaimed book, Inquiry Under Bounds.

This podcast is brought to you by Global Management Consultancy. For more information, please visit www.globalmanagementconsultancy.com.

Disclaimer:

A. The background music used in this video is the property of its respective developer and is protected by Copyright. Although it is a free version, Business Talk, Global Management Consultancy and Deepak Bhatt do not hold the rights to this music.

B. Dr. David Thorstad has graciously allowed us to share insights from his book, Inquiry Under Bounds, on the Business Talk Podcast Channel. The uploaded video contains copyrighted material; therefore, any modifications to graphics, music, or the presence of the author or host are strictly prohibited.

This podcast episode explores the extraordinary leadership lessons captured in Prof. Michael Useem’s widely acclaimed book, The Leadership Moment. The book recounts nine gripping stories where leaders faced moments of immense challenge, risk, and decision-making under pressure. Each story highlights the essence of leadership in navigating triumph and disaster while offering timeless lessons for individuals and organizations.

Prof. Michael Useem serves as the William and Jacalyn Egan Emeritus Professor of Management and Faculty Director of the Leadership Center and the McNulty Leadership Program at the Wharton School, University of Pennsylvania. He teaches MBA and executive-MBA courses on leadership and management, offering programs globally. Prof. Useem earned his PhD and MA from Harvard University and his BS from the University of Michigan.

Encourage listeners to reflect on their own leadership moments and share their experiences with us. Invite them to read The Leadership Moment for a deeper dive into these extraordinary stories and lessons.

This podcast is brought to you by Global Management Consultancy. For more information, please visit

www.globalmanagementconsultancy.com.

Disclaimer:

A. The background music used in this video is the property of its respective developer and is protected by Copyright. Although it is a free version, Business Talk, Global Management Consultancy and Deepak Bhatt do not hold the rights to this music.

B. Prof. Michael Useem has kindly granted permission to share insights from his book, “The Leadership Moment: Nine True Stories of Triumph and Disaster and Their Lessons for Us All,” on the Business Talk Podcast Channel. The uploaded video contains copyrighted material; therefore, any modifications to graphics, music, or the presence of the author or host are strictly prohibited.

We are delighted and honored to host Dr. Moshe Bar, the renowned Israeli cognitive neuroscientist, on Business Talk.

Dr. Moshe Bar currently serves as the head of the Gonda Multidisciplinary Brain Research Center at Bar-Ilan University in Israel. He also served as the former Director of the Cognitive Neuroscience Lab at Harvard Medical School and Massachusetts General Hospital.

Dr. Bar earned his PhD in Cognitive Neuroscience from the University of Southern California.

He has received numerous awards and honors for his outstanding research and academic contributions, including the prestigious 21st Century Science Initiative Award from the McDonnell Foundation and the Hebb Award from The International Neural Networks Society.

Dr. Bar’s research delves into diverse facets of brain function, exploring areas such as memory, foresight, mental load, mind-wandering, mood, and creativity. He has also made significant contributions to the concept of conscious cities, emphasizing the impact of urban design on mental well-being.

He has authored over 80 research articles, edited two scientific books, and published the acclaimed popular science book Mindwandering.

In this episode, Dr. Moshe Bar will share profound insights from his book, "Mindwandering: How it Can Improve your Mood and Boost your Creativity."

Your brain is constantly active, with certain regions engaged in involuntary tasks like daydreaming and intrusive thoughts, consuming up to 47% of your waking hours. This is mindwandering.

In Mindwandering, cognitive neuroscientist Moshe Bar explores this phenomenon, drawing from decades of research to reveal both the benefits and potential drawbacks. He connects mindwandering to psychology, neuroscience, psychiatry, and philosophy, offering practical insights to improve relationships, enhance concentration, and reduce anxiety.

This podcast is brought to you by Global Management Consultancy. For more information, please visit www.globalmanagementconsultancy.com.

Disclaimer:

A. The background music used in this video is the property of its respective developer and is protected by Copyright. Although it is a free version, Business Talk, Global Management Consultancy and Deepak Bhatt do not hold the rights to this music.

B. Dr. Moshe Bar has kindly granted permission to share insights from his book, Mindwandering: How it Can Improve Your Mood and Boost Your Creativity, on the Business Talk Podcast Channel. The uploaded video contains copyrighted material; therefore, any modifications to graphics, music, or the presence of the author or host are strictly prohibited.

Let’s extend a warm welcome to Dr. Charles-Henri Besseyre des Horts as he joins us on our podcast.

Prof. Charles-Henri, Emeritus Professor at HEC Paris, holds dual doctorates from the University of Aix-Marseille and UCLA. He is the past-President of the AGRH (The Francophone Association of Academics in HR is a distinguished organization comprising over 1,000 members from 20 Francophone countries, dedicated to advancing human resources education, research, and collaboration across the Francophone world) and has directed multiple research chairs, including the HEC-Toshiba chair on 'Nomadism and Mobile Technology' and the HEC-Webhelp chair on 'Human Capital and Performance.'

He has nearly three decades of teaching experience across all HEC programs, including the HEC MS in Management, HEC MBA, HEC Doctorate, and HEC Executive Programs. He founded and led the MS HEC Executive program in Strategic HR Management for 15 years.

His research centers on organizational change management, digital transformation, and the relationship between human capital and corporate performance. A prolific author, he has published over 25 books and 73 articles.

He is actively engaged in consulting and training initiatives across Europe, Asia, and Africa. Additionally, he serves as the Director of Corporate Relations at FNEGE, a prestigious foundation dedicated to fostering the growth and integration of academic education in various management disciplines.

In this episode, Dr. Charles-Henri will share profound insights from his research, "Human Capital in the Digital Era: Aligning Talent with Strategy for Lasting Impact."

In this episode, we explored how organizations can leverage human capital as a key driver for competitive advantage in an increasingly digital landscape. As technology reshapes the value and capabilities of the workforce, companies face both opportunities and challenges in aligning their human capital strategy with overarching corporate goals. We discussed how advanced analytics, digital tools, and strategic planning can enhance workforce performance, engagement, and resilience. By aligning workforce capabilities with corporate objectives, companies can foster a culture of innovation and agility, equipping them to thrive in a rapidly evolving environment. This conversation provided valuable insights for leaders seeking to harness the full potential of their teams and strategically position their organizations for long-term success.

This podcast is brought to you by Global Management Consultancy. For more information, please visit www.globalmanagementconsultancy.com.

Disclaimer:

A. The background music used in this video is the property of its respective developer and is protected by Copyright. Although it is a free version, Business Talk, Global Management Consultancy and Deepak Bhatt do not hold the rights to this music.

B. Dr. Charles-Henri Besseyre des Horts has granted permission to share insights from his research titled "Human Capital in the Digital Era: Aligning Talent with Strategy for Lasting Impact" on the Business Talk Podcast Channel. The uploaded video contains copyrighted material; therefore, any modifications to graphics, music, or the presence of the author or host are strictly prohibited.

Let’s extend a warm welcome to Auden Schendler as he joins us on our podcast.

Auden is the Senior Vice President of Sustainability at Aspen Skiing Company, leading initiatives in clean energy, policy advocacy, and climate activism. He spearheaded the only coal-mine-methane-to-electricity project in the U.S. and serves on the board of Protect Our Winters, mobilizing the outdoor industry as a political force.

A former Rocky Mountain Institute research associate, Auden authored Getting Green Done and has been featured in major outlets like Businessweek and Fast Company.

Named a "climate innovator" by TIME Magazine and a "climate saver" by the EPA, he has testified before Congress and spoken at institutions like Harvard, MIT, and Google.

In this episode, Auden Schendler will share profound insights from his book, “Terrible Beauty: Reckoning with Climate Complicity and Rediscovering Our Soul.”

Environmentalism has lost its way. Despite faithfully sorting waste, corporate pledges of carbon negativity, and widespread voluntary emissions-reduction programs, these efforts fail to address the civilizational threat of climate change. The uncomfortable truth, as Auden Schendler argues, is that much of modern environmentalism perpetuates a "big green lie," often crafted to protect the status quo rather than disrupt it. But amid this ineffectiveness, hope persists.

Our love for family, friends, and future generations compels us to act. Reconciling our conscience with meaningful action is the path forward. How can we align our dreams with a genuine commitment to repair the world? Auden Schendler challenges us to rediscover purpose, passion, and a roadmap for impactful change.

This podcast is brought to you by Global Management Consultancy. For more information, please visit www.globalmanagementconsultancy.com.

Disclaimer:

A. The background music used in this video is the property of its respective developer and is protected by Copyright. Although it is a free version, Business Talk, Global Management Consultancy and Deepak Bhatt do not hold the rights to this music.

B. The episode featuring Auden Schendler on “Terrible Beauty: Reckoning with Climate Complicity and Rediscovering Our Soul” is now available on the Business Talk Podcast Channel. Please be aware that the uploaded video contains copyrighted material. As such, any modifications to the graphics, music, or the inclusion of the author or host are strictly prohibited. Thank you for your understanding and support in respecting intellectual property rights.

We are delighted to welcome Prof. Patrick Regnér from the Stockholm School of Economics and Prof. Ivar Padrón-Hernández from the Institute of Innovation Research, Hitotsubashi University.

Both the faculty members will share their invaluable insights from their latest research on the topic, "Navigating the Complexities of Local Rules: Strategies for Multinational Firms." This engaging discussion promises to shed light on how multinational firms can effectively adapt and thrive in diverse regulatory environments.

Prof. Patrick Regnér, Professor of Strategic Management and Director of the Center for Strategy and Competitiveness at the Stockholm School of Economics, holds a PhD from the same esteemed institution. His influential research has been featured in leading journals, including the Strategic Management Journal, Journal of International Business Studies, and Journal of Management Studies. In addition, Prof. Regnér contributes to the academic community by serving on the editorial boards of the Journal of Management Studies, Organization Studies, and Strategic Organization.

Prof. Ivar Padrón-Hernández, Assistant Professor of Management at the Institute of Innovation Research, Hitotsubashi University has earned multiple accolades for his research, including the 2020 Grigor McClelland Doctoral Dissertation Award. His dissertation was also a finalist for prestigious awards from the Academy of Management International Management Division D'Amore-McKim School of Business, Northeastern University Dissertation Award and the ISPIM Innovation Management Dissertation Award. Prof. Ivar earned his PhD in Business Administration from the Department of Marketing and Strategy at the Stockholm School of Economics.

This podcast is brought to you by Global Management Consultancy. For more information, please visit www.globalmanagementconsultancy.com.

Disclaimer:

A. The background music used in this video is the property of its respective developer and is protected by Copyright. Although it is a free version, Business Talk, Global Management Consultancy and Deepak Bhatt do not hold the rights to this music.

B. Prof. Patrick Regnér and Prof. Ivar Padrón-Hernández have graciously granted permission to share insights from their research, "Navigating the Complexities of Local Rules: Strategies for Multinational Firms," on the Business Talk Podcast Channel. The uploaded video contains copyrighted material; therefore, any modifications to graphics, music, or the presence of the author or host are strictly prohibited.

We are delighted to welcome the highly esteemed Prof. Hanna Halaburda to join us today.

Prof. Hanna Halaburda became part of the NYU Stern School of Business in September 2019, where she serves as Associate Professor of Technology, Operations, and Statistics. Her research delves into how technological advancements are reshaping economic dynamics and transforming business strategies and market interactions.

Since 2011, she has been pioneering studies in the realm of digital currencies and blockchain, exploring topics such as consensus protocols, cryptocurrency adoption, smart contracts, and token issuance. Her insights have been featured in top academic journals like Management Science, RAND, Games and Economic Behavior and Harvard Business Review. Additionally, she co-authored Beyond Bitcoin: The Economics of Digital Currency in 2015, with 2nd edition in 2022 - a seminal work that was among the first to approach digital currencies through an economic lens.

Prior to joining NYU Stern, Professor Halaburda was an Assistant Professor at Harvard Business School, and a senior economist at the Bank of Canada.

In this episode, Prof. Halaburda will explore her research topic, ‘Token Economics: How Blockchain Is Redefining Value in Digital Platforms.’

Token economics refers to the creation, distribution, and exchange of tokens within a blockchain ecosystem. These tokens represent value, ownership, or access rights in digital platforms and can be used to incentivize behaviors, reward participation, and facilitate transactions.

One key aspect of token economics is aligning participants' interests by rewarding actions such as content creation or validating transactions. Tokens can be traded on exchanges, offering liquidity and allowing value to fluctuate based on demand.

Blockchain's transparency and decentralization redefine trust, eliminating the need for intermediaries and empowering users. Token economics is reshaping industries like finance (DeFi) and digital art (NFTs) by enabling decentralized models of ownership and value creation, ultimately creating a new digital economy.

This podcast is brought to you by Global Management Consultancy. For more information, please visit www.globalmanagementconsultancy.com.

Disclaimer:

A. The background music used in this video is the property of its respective developer and is protected by Copyright. Although it is a free version, Business Talk, Global Management Consultancy and Deepak Bhatt do not hold the rights to this music.

B. Prof. Hanna Halaburda has graciously permitted us to share her groundbreaking research, “Token Economics: How Blockchain Is Redefining Value in Digital Platforms” on the Business Talk Podcast Channel. Stay tuned for an inspiring episode filled with actionable insights! The uploaded video contains copyrighted material; therefore, any modifications to graphics, music, or the presence of the author or host are strictly prohibited.