World Perspectives

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UN Secretary General Antonio Guterres attended the weekend’s G-7 summit in Hiroshima. At the meeting, he suggested the UN Security Council and the Bretton Woods global financial institutions need to be updated. He correctly noted that their design was based on the dominant countries right after World War II. Much has changed since then. Bangladesh has a population larger than Russia. China and India together will contribute over half the world’s economic growth in 2023. The G-7 was half the world’s GDP in 1980 but is just 30 percent of the total today.  Mr. Guterres was not specific about how he envisions the institutions changing, but his focus was inequality and so presumably it would involve the loss of power by G...

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Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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