Governments have always had to deal with complex and conflicting criteria in their decision-making processes. Take cost versus the quality of services, for example. Increasingly we are seeing private enterprises grappling with similar issues under the label of ESG (environmental, social and governance factors).
Diversity, equity and inclusion (DEI) is a major component of ESG, but most DEI initiatives are treated as risk-avoidance exercises rather than drivers of positive business outcomes. If the investment case for ESG is here to stay, as current trends seem to suggest, then there is a practical reason for integrating DEI criteria into existing incentive structures.
Incentives should be aligned so that DEI, beyond just being the right thing to do, is also the profitable thing to do. There are a variety of existing methodologies that allow for the integration of both DEI perspectives and goals into corporate decision-making processes. These methodologies are broadly categorized under Multi-Criteria Decision Analysis (MCDA) and, of these, the Analytic Hierarchy Process (AHP) is proving to be easiest for corporate leaders to embrace....
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In the next few years, visitors to Kendall Square â already considered home to one of the worldâs greatest concentrations of innovative companies â will find a new and revitalized streetscape, featuring a whirlwind of daytime and evening opportunities for dining, shopping, living, and recreation. With approval granted by the City of Cambridge Tuesday night, the Kendall Square innovation district will soon be home to six new buildings as well as a variety of new open spaces and retail venues.
âOver two decades â thanks to the energy, creativity, and aspirations of thousands of researchers, inventors, entrepreneurs, and companies of every size â Kendall Square has gradually evolved from a semi-industrial landscape to the one of the most remarkable hubs of innovation in the world,â said MIT President L. Rafael Reif. âThe cityâs leaders have both encouraged that transformation and been strong advocates for lively and welcoming urban spaces. With their decision, the members of the Planning Board granted us the ability to make a good thing even better, so that in another 20 years, Kendall Square will be an even more magnetic, inspiring, and delightful place to live and work.â...
Monday, 09 November
04 Jul
Witsâ new Vice-Chancellor Zeblon Vilakazi, born in Katlehong, Ekurhuleni, and one of the first Africans to work at Cern in Geneva, admitted that the university made mistakes with #FeesMustFall, and shares his dream of making it a hotbed for innovation, while changing the curriculum within two years.
Witwatersrand University's newly appointed vice-chancellor Zeblon Vilakazi has grand plans to turn the 98-year-old university into an incubation space for technology and entrepreneurship in South Africa, and Africa.
Renaissance man Vilakazi, who speaks French, German, Zulu, Siswati, Sesotho, Afrikaans and English, says he wants to make Wits the Massachusetts Institute of Technology (MIT) of South Africa to deliver similar world-changing technologies.
He says MIT and Stanford University, based in the US, are some of the only universities in the world to be socially, creatively and technically innovative - and therefore produced the current wave of technology companies - because they had unique lifestyles that sparked it, and he wants to replicate it in Johannesburg....