Reuters (July 6)
Canary Wharf has been no stranger to challenges and now faces a new blow. “HSBC is quitting the financial hub and moving to smaller quarters…. Hybrid working is an existential threat for commercial property.” Canary Wharf’s “pivot to residential and retail may only be a partial salve.”
Tags: Canary Wharf, Challenges, Commercial property, Financial hub, HSBC, Hybrid working, Pivot, Residential, Retail
BBC (October 16)
“The second week of October will likely be remembered as the moment when the 2016 presidential campaign went careening off the rails and spinning into the void…. Gone is any semblance of moderation or talk of pivot and restraint. It’s red meat from here on out.”
Tags: 2016, Moderation, October, Pivot, Presidential campaign, Restrain
The Economist (November 22)
It has become fashionable to praise long-termism and deplore the corrosive influences of short-termism, but this is simplistic. “Long-termism and short-termism both have their virtues and vices—and these depend on context. Long-termism works well in stable industries that reward incremental innovation.” In other businesses, however, long-termism “is a recipe for failure” and success goes to those who can constantly “abandon their plans and ‘pivot’ to a new strategy, in markets that can change in the blink of an eye.”
Tags: Failure, Incremental innovation, Long-termism, Markets, Pivot, Short-termism, Stable industries, Strategy, Success
Washington Post (December 20)
“Proponents of the Obama administration’s ‘pivot,’ or rebalance of attention and resources, toward Asia should be heartened by the results of Japan’s parliamentary election. The Liberal Democratic Party’s (LDP) landslide victory in the lower house Sunday augurs well for a reinvigorated relationship between the United States and Japan.”
