As the population has grown more diverse, support has dwindled for grand efforts, like the GI Bill, to open doors to higher education. Coincidence?

How artificial intelligence is shaping talent competitiveness around the world.

Dystopian science fiction, as well as recent dire warnings from industry, have sometimes pointed at the dangers of artificial intelligence (AI). Today however, the positive effects of AI have become pervasive in our everyday lives. In medicine, for example, neuropathologists are using it to help diagnose and quickly recommend treatment for brain tumours, and dermatologists to identify melanomas. AI can also be used to spot forest fires; it’s crucial to the study of climate change. AI is also a long-established reality within cars and smart homes.

Image: https://knowledge.insead.edu

At Open Assembly we are constantly on the lookout for new data and analyses that outline trends in the future of work. We look at this topic from many perspectives—from workforce and worker trends to viewpoints from inside top talent communities and global businesses. To start off 2020—the new decade!—we did a deep dive into the latest data, reviewing and analyzing dozens of in-depth reports aggregating work data from across the globe to identify key trends.

For anyone searching for “best places to live” in Indiana or in America, it should come as no surprise that towns and cities with a college or university are nearly always among the top choices.

Higher ed institutions and leading research universities are very often an area’s leading employer, and more importantly, are the key drivers of innovation and economic development.

Image: By Mitchell E Daniels, Jr., Purdue University President

Are you a red wine drinker? What if I tell you sipping in a glass of wine can equate to an hour of exercise? Yup, it’s tried and tested. A new scientific study has just confirmed this wonderful news. So next time you hold a glass of Merlot, you can brag about one hour of hard workout. Rejoice, drinkers!

What a difference two years can make. In 2018, PwC’s Annual Global CEO Survey revealed a record level of optimism regarding worldwide economic growth. This year, as CEOs look ahead to 2020, we see a record level of pessimism. For the first time, more than half of the CEOs we surveyed believe the rate of global GDP growth will decline. This caution has translated into CEOs’ low confidence in their own organisation’s outlook. Only 27% of CEOs are ‘very confident’ in their prospects for revenue growth in 2020, a low level not seen since 2009.

The Bloomberg Innovation Index tries to measure and rank countries on the ability of their economies to innovate, which will be a key theme at the annual World Economic Forum in Davos, Switzerland taking place Jan. 21-24.

While spending on research and development continues to be important, shifts in productivity and education effectiveness (among other factors) will continue to encourage significant changes in the index from year to year.

What do you think?

Image: https://www.innovationexcellence.com

Unless you've been living under a rock, you know that climate change is the biggest challenge we as individuals and as a species have ever had to face. The earth is in grave danger, and we all need to dig deep, step up to the plate and do all we can to turn a corner for a better future. Thankfully, more and more businesses are realizing that the only innovation that truly matters in the modern marketplace is sustainability. 

The National Science Foundation (NSF) and the National Science Board (NSB) recently released their 2020 “State of U.S. Science and Engineering” report, which is published every even-number year as required by law. The report is comprised of quantitative data on the U.S. and international science and engineering enterprise using the most recent data available. This year, the report finds that because of significant increases of foreign investments in science and engineering (S&E) and research and development (R&D)—especially from East and Southeast Asia—the global share of the United States’ R&D investments has declined.

The Department of Commerce’s National Institute of Standards and Technology (NIST) is seeking public feedback on the Interagency Edison System (iEdison) tool where organizations that have received federal funding report their inventions. The renewal effort is aimed at modernizing the system while increasing security to ensure sensitive business information is protected. The revamp will simplify the process for Federal grantees to comply with existing rules.

A consulting salary is a totally different ballgame. 

The latest salaries report by Management Consulted, a careers-development company with a consulting-field focus, noted that MBA graduates can now make a base salary of $165,000 — and that's not including the signing bonuses, performance bonuses, and tuition reimbursements.

Given that most people will hold multiple jobs over the course of their professional lives, you may have the opportunity to participate in an exit interview at one or more points during your career. While not all organizations conduct exit interviews, if you do have the opportunity to participate in one, it is a chance to provide helpful feedback to the organization, so that it can learn and continuously improve for current and future employees.

Ever since Glaxo gave up part of the old SmithKline campus that sits above the Schuylkill between West Conshohocken and Bridgeport a couple of years ago, King of Prussia-based developer Brian O’Neill has been trying to figure out how to turn a profit on the surplus property.

Neither people nor computers can really help you as a personal assistant unless you are willing to share data about what you like, what you feel, and who and what’s important to you. Even the best technology can’t read your mind, which is why a simple Google search often gives frustrating and irrelevant results, and online advertisers bombard you with opportunities of no interest.

Germany has broken South Korea's six-year reign as the "the most innovative nation in the world," according to the latest Bloomberg Innovation Index. The US ranked ninth, while China came in 15th.

A total of 60 nations are included in the index, which is compiled using criteria including research and development spending, manufacturing capability, and concentration of high-tech public companies.

Image: Germany's ranking comes as a surprise to many experts. Reuters

One of the biggest challenges in entrepreneurship is convincing the world that you’re right and everyone else is wrong.

This is a steep hill to climb, but first-time entrepreneurs get no formal prep for this. They pull on their hiking boots and start climbing.

In my ongoing effort to answer the question, “can you teach entrepreneurship in a classroom?” I noticed a vacuum: doctors study basic science, musicians learn scales and etudes, athletes stretch, warm up and do repetitive drills. Is there a pre-clinical, pre-med, stretch and warmup type of routine that we should develop for innovators in training?

Here’s a list of our upcoming events.  Get them on your calendar so you don’t miss anything.

Image: http://www.biohealthinnovation.org/

Submit your application for a change to be named the Startup Company with the Most Commectial Potential at the BHCR Forum, win $10,000 and more!

Image: http://www.biohealthinnovation.org/

It's a new year and a new decade, and private equity finds itself in something of a paradox. PE firms have record amounts of unspent cash on hand, and they plan on heading back to the markets to raise still more.

Private markets continue to attract investors looking for the historically higher returns that can be found outside the public markets. The upshot: PE fundraising this year will likely come in fairly steady, near 2019's record haul.

HARRISBURG, PA — Governor Tom Wolf yesterday announced a budget proposal intended to fuel innovation across Pennsylvania, with the hope of making the commonwealth a national competitor in attracting and retaining entrepreneurs and startups through strategic funding and community support.

“A strong community and entrepreneurial network are crucial for success. This holds true for start-ups, as well as established businesses,” said Gov. Wolf. “I’m proposing a strategic statewide innovation investment plan that will help get us on the right track to making Pennsylvania an innovation leader.”

Image: Pennsylvania Governor Tom Wolf speaks during a press conference, which announced an ambitious budget proposal to fuel innovation across Pennsylvania, inside Mill 19 in Pittsburgh on Friday, January 24, 2020. - https://mychesco.com