The Incoming President Should Prioritize Four Actions on Climate, the Economy, and Equity – Cambridge Institute for Sustainability Leadership
This entry was tagged American Dream, Climate Change, COP22, Developing Leaders, Executive Education, Growth & Sustainability, Leadership, Participating in the World Roundup, Sustainability, Supplier Engagement, Teaching Responsibility, Tech, Thirst for knowledge. Bookmark the permalink.
In our first-quarter Healthряд Research, we take a deep dive into channel strategy for both biotechnology and pharmaceutical companies entering and expanding within the marketplace. Although biotech companies are successfully transitioning from the lab to the clinic and ultimately regulatory approvals, many companies still lack the necessary capabilities to earn their share of revenue in the commercial space. (A delayed commercial entry can also have a significant impact on the company’s overall financing needs).
We also focus on pharmaceutical companies with complex channel landscapes looking to further diversify their revenue streams. Our research included an expert Delphi panel, senior market leaders and business development and sales executives working in branded pharmaceuticals with annual channel revenues ranging from $500 million to $2 billion.
During this, the winter season, something new happened in the West this year.
The drivers of our new reality are clear — fewer workers, an aging populace and greater fiscal responsibility. Absent a geriatric work force, a problem we can start to solve today, there will be fewer workers doing more work with a lower cost base.
So from here on out, there will be less money left over to spend on social safety nets and public infrastructure. It is easy to see how politicians will kick this can down the road unless a solution is found that involves greater workforce participation by seniors, coupled with increased production from this group. I suspect we will also see an increased share of tax revenue generated by seniors.
Between 2008 and 2013 we witnessed a massive mistake in Federal housing policy when, in response to massive credit degradation, housing prices failed to fall relative to their much higher pre-collapse levels. Meanwhile, housing transactions fell precipitously, since fewer people had the means to satisfy mortgagees’ underwriting standards, which swelled to a crisis-level number of pages and exceptions.
In due time we will find out whether our elected officials and staffers managed to use this time to go about the business of governing (an activity which has been deficient at best), and whether they did so responsibly and with good sense.
Those who will have put into place pro-growth policies and the infrastructure to turn the U.S. into the leader in innovation, the norm in financial education, and responsibility in our government’s budgeting processes will be those who do leave a lasting policy legacy and be looked upon favorably by most observers. Otherwise, countless millions of people who were once part of our proud and capable middle class will continue to be hurled towards economic and social hardship.
Charles Francis introduces and explains the recently added tags in his Mahalanobis Metrics site. Click on this link to read the post.
When Building A Quadcopter Drone. Based on the passage above, How can fewer workers due to an aging population and greater fiscal responsibility impact social safety nets and public infrastructure, and what potential solutions are proposed to address this issue?
Leave a Reply