Popular notions that electric cars will suddenly replace conventional gasoline-powered cars don’t acknowledge the possibility that there could be eco-friendly advances in conventional car technology. A study by the Boston Consulting Group (BCG) finds that “internal combustion engines are improving their ability to cut CO2 emissions at a lower cost than expected, and, as a result, carmakers should be able to meet 2020 emissions targets mainly through improvements to conventional technologies.”
A key word there is should. It would take a concerted effort by automakers in several technical areas. Continue reading “Electric vehicles will face stiff competition from eco-friendly gasoline-powered cars”
The Corporate Executive Board’s “Risk Integration Strategy Council (RISC)” has released the January 2011 “Emerging Risks Update,” (pdf) noting the following risks on the horizon for enterprise risk managers:
Leaks of sensitive corporate information like strategic planning documents or embarrassing memos (think Wikileaks, which is on its way to becoming a verb, like Google). Strategy: Bolster information security, especially as “new technologies and platforms like cloud computing, SaaS, and social networking gain prominence.”
Shortage of rare earth minerals, an essential component of clean energy technology, computers and electronics (e.g., mobile phones). China controls 97%. Strategy: Other countries (including the U.S.) with deposits of rare earth minerals can open or re-open their mines, “but it can take up to  years for a new mine to begin operations.” Meanwhile, “world leaders” must discourage China from unfairly exploiting its position. Continue reading “Four emerging risks for corporations”
It’ll be a short honeymoon. The next U.S. president will face high expectations (which may be impossible to fulfill), a recessionary economy and huge budget deficits. And that’s just domestically. Mike McConnell, the director of national intelligence, gave a speech this week that lays out the broader threats. As The Washington Post reported:
The next U.S. president will govern in an era of increasing international instability, including a heightened risk of terrorist attacks in the near future, long-term prospects of regional conflicts and diminished U.S. dominance across the globe, the nation’s top intelligence officer said Thursday.
Competition for energy, water and food will drive conflicts between nations to a degree not seen in decades, and climate change and global economic upheaval will amplify the effects, [McConnell said].
“After the new president-elect’s excitement subsides after winning the election, it is going to be dampened somewhat when he begins to focus on the realities of the myriad of changes and challenges,” he said.
Of course, besides the predictable conflicts and threats, “there is always surprise,” McConnell said. (Futurists call ’em wild cards.)
Continue reading “The president-elect will face big problems, threats”
Five developments that caught my eye:
Many large U.S. companies have their products manufactured in China — no surprise there. But “the huge surge of goods arriving on our shores from China and elsewhere in Asia could easily overwhelm the infrastructure that receives and distributes them,” writes veteran consultant George Stalk.
Stalk — in his book “Five Future Strategies You Need Right Now” (Harvard, 2008) — calls this phenomenon the “China riptide” and makes this prediction:
The West Coast ports of the U.S. will reach their combined container unloading & loading capacity as early as 2010.
One researcher calls the ports “the choke valve” of global commerce.
Continue reading “Weak link in the supply chain: West Coast ports”