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Credibility: How Leaders Gain and Lose It, Why People Demand - download pdf or read online

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The two Gogoro cofounders looked at what Tesla had borrowed from the Department of Energy to get the Model S onto the market—$465 million— and thought they could build a scooter for a tenth of that. After raising $50 million from Wang and Yin, the two thought they’d be able to fast-track a new bike using off-the-shelf components from Taiwan’s massive manufacturing base. But Luke soon realized that few suppliers would be able to meet their performance demands. The biggest supplier of electric motors, for example, was more attuned to building motors for washing machines and blenders.

Applied massively, those policies are working in reverse, causing repeated downward revisions to growth expectations and channeling gains to the wealthy but keeping average wages down. S. 3% and average underemployment of 23 million. The establishment rationalized this as the “new normal” caused by the 2008 financial crisis, an untenable claim after six long years of slow growth. Rather than undoing the policies, governments have doubled down. They like to expand and have low expectations for the private sector.

The industrial designer in Luke sees parallels. “Electronics before needed a lot of specialized buttons because the software wasn’t there yet. Now the world of design relies on software,” he responds. ” Clean transportation might as well be push-button, too. FINAL THOUGHT “The reality about transportation is that it’s future-oriented. com users are talking about. COM/TECH COMPANY XIAOMI Chinese smartphone maker sells more than 2 million units (generating $335 million) in a recent 12-hour flash sale.

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Forbes (4 May 2015)

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