A man in a pink
An organizer at Berlin's basic income march looks at the sound truck. Patrick Maynard@ flickr

SECI Model

The SECI model illustrates how knowledge is created and shared. Learn how to put it to use for best practices, and how the Japanese concept of “ba” fits in to broaden your perspective.

Johari Window Model

The Johari Window Model is a self-awareness framework that helps you better understand . . . you. Learn how its four quadrants can help you identify gaps between how you see yourself, and how others see you.

Sunk Costs

Wondering if you should continue an investment or look for something new? Sunk costs can have a powerful psychological impact on decision-making. Learn how to recognize them to ensure rational decisions.

CAGE Distance Framework

Want to expand overseas? The CAGE distance framework can help ensure you're constructing a solid global strategy in four areas: cultural, administrative, economic, and geographic. Learn how to leverage useful differences between countries, identify potential obstacles, and achieve global business success.

Groupthink

Groupthink refers to group pressure and the perception of consensus which together lead to ill-formed decisions—or even unnecessary risks. Learn to identify the warning signs of groupthink and apply countermeasures in this online course.

Deductive and Inductive Reasoning

Solving problems with the best results means using two types of thinking: deductive and inductive reasoning. In this online course, learn to form a broad premise, make observations, and form conclusions from different perspectives.

Critical Thinking: Hypothesis-Driven Thinking

Anyone can come up with a good idea. The real challenge is putting that idea into action. In this online course, explore how to form compelling, testable hypotheses and bring ideas to life in your own organization.

Critical Thinking: Structured Reasoning

Even a few simple techniques for logical decision making and persuasion can vastly improve your skills as a leader. Explore how critical thinking can help you evaluate complex business problems, reduce bias, and devise effective solutions.

Critical Thinking: Problem-Solving

Problem-solving is a central business skill, and yet it's the one many people struggle with most. This course will show you how to apply critical thinking techniques to common business examples, avoid misunderstandings, and get at the root of any problem.

How to Dream

Join globally renowned author and Columbia Business School professor Dr. Sheena Iyengar as she explains how to approach your dreams with a new perspective. Learn to reflect on what you long to accomplish and what stands in your way.

Logical Thinking

Logical thinking is at the heart of confident, persuasive decisions. This course will equip you with a five-point approach to more becoming a more logical thinker. Learn to classify ideas and distinguish fact from opinion.

Investing & Diversity: The Changing Faces of Venture Capitalists

Is the venture capital industry embracing diversity in investors? Watch global venture capitalists from around the world discuss the state of things and what needs to be done for a more inclusive future.

Servant Leadership

There's more to leadership than driving a team to profit. In fact, there's a word for looking beyond self-interest to prioritize individual growth: servant leadership. Try this course for a quick breakdown of what that is, how it works, and how it can lead to organizational success.

Organizational Behavior and Leadership

Ever wonder what makes a great leader? Whether your role requires leadership or not, understanding organizational behavior is useful for your career. This course from GLOBIS Unlimited can set you on your way.

Leadership vs. Management

Leadership and management are different skills, but today’s leaders must have both. Try out this course from GLOBIS Unlimited to understand the difference, as well as when and why each skill is necessary for motivation, communication, and value.

Strategy: Creating Value Inside Your Company

Have you ever wondered why certain companies are more successful than others? The answer is strategy: internal processes that control costs, allocate resources, and create value. This course from GLOBIS Unlimited can give you the tools you need for that strategic edge.

Strategy: Understanding the External Environment

To plan strategy on any level, you need to understand your company's external environment. In fact, your level of understanding can impact hiring, budgeting, marketing, or nearly any other part of the business world. Want to learn how to do all that? This course from GLOBIS Unlimited is the perfect first step!

Using Japanese Values to Thrive in Global Business

Japanese companies have unique cultural, communication, and operational challenges. But they also have values that have led to remarkable longevity. Check out this seminar to hear how these values help earn trust from overseas head offices and develop employees.

Turnaround Leadership: The Differences Between Japan and the West

What's the best way for leaders to communicate a shift in corporate strategy? How do you even know when it's time for such a change? This course explains how Japan might have one answer, Western companies another.

Conflict Management

Conflicts in the workplace are inevitable. But they can lead to positive outcomes if they’re managed well. Check out this online course for a two-step process that can help you manage conflict successfully.

Evernote Founder: How Tech Startups Can Break through in Japan

Can startup models from Hollywood and Silicon Valley succeed anywhere? Phil Libin, cofounder and CEO of startup incubator All Turtles, explains how AI can solve everyday problems to bring products to market.

Women Empowerment: Lessons from Cartier

How can women overcome gender inequality and reach their leadership goals? Cartier Japan CEO June Miyachi shares her secret in this special course from GLOBIS Unlimited.

Marketing: Reaching Your Target

Every company works hard to get its products into the hands of customers. Are you doing everything you can to compete? In this course, you’ll find a winning formula to turn a product idea into real sales. Follow along through the fundamentals of the marketing mix and see how companies successfully bring products to market.

Marketing Mix

Seeing good products into the hands of customers is no easy task. The marketing mix can help. It's a collection of strategies and tactics companies utilize to get customers to purchase their products or services, and is an essential part of the overall marketing process.

The Principles of Negotiation

With the proper skills and attitude, anyone can become a successful negotiator.  But first, you'll need to learn the basics to prepare for, assess, and respond to offers for the best results. GLOBIS Unlimited can help.

Negotiation: Creating Value

Want to create more shared value between yourself and your negotiation opponent? Discover how cognitive bias affects the judgment of others. Try this course from GLOBIS Unlimited to master the value of negotiation.

Finding Your Life Purpose with Ikigai

Ikigai can guide you in your quest for self-discovery. Listen to Japanese brain scientist Ken Mogi explain why and how.

Maslow’s Hierarchy of Needs

Want to leverage Maslow's Hierarchy of Needs as a leader? Try this short course to see how the theory can be applied in practical work scenarios.

Confirmation Bias

We all subconsciously collect information that reinforces our preconceptions. It's natural . . . but it does lead to a kind of flawed decision-making called confirmation bias. To become more objective and impartial, check out this course from GLOBIS Unlimited!

An Investor's Lesson to Entrepreneurs

Entrepreneurs have the power to transform societies for the better. But how do you attract investors to start or grow a business? Or to sell one? Check out this seminar for the answers to these and more, straight from a master venture capitalist!

Managerial Accounting

Managerial accounting is a powerful way to measure progress, identify problems, and meet your goals. Check out this course to learn how data-backed decisions can help you run your business.

Finance Basics: 1

For a healthy mix of quantitative planning, evaluation, and management, you need solid decision-making. And finance is the secret sauce! Get the essentials of finance in this two-part course from GLOBIS Unlimited.

Basic Accounting: Financial Analysis

Want to compare your performance vs. a competitor? Or evaluate a potential vendor? Then you'll need to conduct a financial analysis. This course will teach you how to use three financial statements and evaluate financial performance in terms of profitability, efficiency, soundness, growth, and overall strength.

Career Anchors

What drives you to be good at your job?

Career anchors are based on your values, desires, motivations, and abilities. They are the immovable parts of your professional self-image that guide you throughout your career journey.

Try this short GLOBIS Unlimited course to identify which of the eight career anchors is yours!

Digital Marketing Psychology to Transform Your Business

How does digital marketing really differ from traditional marketing? How is social media changing things really? And what's going on in Asia?

Pyramid Structure

Having the pyramid structure in your communication toolkit can not only help you approach a problem, but convince others that your solution is valid. Break away from linear thinking and test your logical thinking with this course from GLOBIS Unlimited!

Leadership with Passion through Kokorozashi

The key ingredient to success? Passion.

Finding your kokorozashi will unify your passions and skills to create positive change in society. This GLOBIS Unlimited course will help you develop the values and lifelong goals you need to become a strong, passion-driven leader.

AI First Companies – Implementation and Impact

AI is changing the way companies operate. How do you structure teams to increase efficiency?

Technovate in the Era of Industry 4.0

Is Industry 4.0 is the next step of human evolution human civilization? Dr. Jorge Calvo seems to think so. Join him to learn how the past can help you set goals for an exciting future of digital innovation.

Technovate Thinking

Business leaders of tomorrow need to harness the power of technology and innovation. That means understanding algorithms and how they drive business results. Discover opportunities to make technology work for your competitive edge.

Product Life Cycle

Every product takes a natural course through the market—there's a how, when, and why customers adopt products at different stages. Check out this course from GLOBIS Unlimited to find out how a product you use every day is part of this cycle.

Logic Tree

Logical thinking is the most valuable asset any business professional can have. That's why logic trees are such a valuable tool—they can help you identify a problem, break it down, and build it back up to a solution.

MECE Principle

Using the MECE principle can help ensure you categorize without gaps or overlaps. Check out this course from GLOBIS Unlimited for a practical demonstration of how it works!

Coronavirus has given society a peek into the future of capitalism.

Robbed of free-spending customers, economies have seen unprecedented peacetime collapse. Many governments have eased restrictions to let their economies claw back lost growth. With promising reports of vaccines, there’s room for optimism that the pandemic will be under control sooner or later.

Still, coronavirus has made a lasting impact on the global economy. A University of Chicago working paper suggests up to 42% of all jobs lost in the US to coronavirus will not come back. COVID’s heavy-handed destruction of employment is similar to a bigger specter haunting capitalism—the specter of automation.

Artificial intelligence promises a bright future.

Big data will give managers all the answers, and automation means humans don’t have to do menial, repetitive jobs. But the effects of technological disruption are hard to dispute. Put simply, it kills jobs, and it’s already happening.

Chinese ride-hailing firm Didi Chuxing recently announced plans for one million autonomous vehicles by 2030. A slew of companies, including Softbank, Nvidia, Volvo, and BMW, are racing to get autonomous freight trucks on roads. Drivers aren’t the only vocation under threat, either. A Nikkei survey of the Persol Career website in May and June found there were 30% fewer positions in job categories defined as “easily automated.” The World Economic Forum predicts that even general managers and financial analysts won’t escape.

This decline in jobs is a problem because capitalism relies on two sides of the same coin. On one side, there’s production. Companies produce items to sell because there is demand. With their ability and willingness to pay, customers feed that demand.

Two yellow arrows are arranged in a circle. Demand feeds production, which then feeds demand.

While many people extract income from capital (buying and selling shares or renting real estate, for example), most derive their income from labor. A person automated out of a job loses the ability to pay and thus feed back into the capitalist system. The newly unemployed must reskill to adapt to the changing world. Some might reinvent themselves as, say, YouTubers, but it’s unlikely they’ll all find work.

We cannot stand in the way of technological evolution, so we only have one choice: either let capitalism die and replace it (a viable solution has so far eluded humankind) or prop up demand.

Free cash can help feed demand.

Lack of demand has brought global economies to their knees. Several governments have offered short-term solutions to help their citizens start spending again, but Spain’s is the most far-reaching. On May 29, the government approved a “minimum vital income” for 850,000 of the country’s most vulnerable families (2.3 million people, or 5% of the population). The measure will cost €3 billion per year and promises each eligible family at least €462 per month.

The Spanish economy is expected to shrink 12% this year, with unemployment hitting 20%. So a measure like this is needed to help those who find themselves out of work. The country learned a hard lesson from its 2008–2014 financial crisis, when unemployment topped 25%.

The program is a bold move that will help those who need it most. But it doesn’t go far enough.

Universal basic income isn’t a new idea.

Outmaneuvering both coronavirus and automation will require more than temporary bolstering of demand. In fact, long before Spain, there have been programs offering free money to citizens in many parts of the world. Alaska and Manitoba are commonly cited North American examples, while there have also been experiments in India and Africa.

The idea of universal basic income (UBI) is not new. Some say it originated with Sir Thomas More in his 1516 book, Utopia. Others go further back to Ephialtes’ citizens’ income reform in ancient Athens.

In 1967, shortly before his death, Martin Luther King wrote that “the solution to poverty is to abolish it by a now widely discussed measure: the guaranteed income.” In 2016, when Black Lives Matter published a list of demands for change, it included calls for “a guaranteed minimum livable income.”

UBI acts as a social dividend.

UBI is a return on the investment that we all make in society through our learning and labor. It is universal: everyone receives it. It covers basic needs, so it’s not a disincentive to work. And as a right, it is an unconditional income.

According to The Origins of Universal Grants, UBI aims for “capitalism with baseline income maintenance.”

UBI provides a level of freedom.

We cannot be effective citizens, workers, learners, or providers when we worry about how to pay for shelter or food. UBI provides a buffer against this psychological burden.

Unlike the initiative in Spain that will reach only the segment of society deemed most in need, UBI goes to all citizens, not just the designated head of household, ensuring one family member doesn’t hold financial power over another. Furthermore, a guaranteed income allows us to work fewer hours if we choose. This option provides better work-life balance and opens up possibilities such as job sharing and more mothers back in the workforce part-time.

UBI reduces poverty, inequality, and insecurity.

It won’t solve all the world’s problems, but it will help stem future injustice. It helps all citizens get and stay over the poverty line. Initiatives in Kenya, Alaska, India, and Finland brought strong, positive socioeconomic effects such as fewer hospitalizations from social and domestic violence, lower incidences of mental health disorders, fewer school dropouts, and lower crime.

Today, most governments provide welfare to citizens who can prove they need it. This “means-testing” can be degrading, as citizens must answer personal questions. They also fall into the poverty trap, as unemployment programs often force them to take jobs that make them worse off than before. These systems also require massive and expensive bureaucracy to check and administer claims.

How do we pay for UBI?

Opposition to UBI is often on the basis of expense. Guy Standing suggests that “affordability comes down to the priority society gives to social justice, […] freedom and economic security.” If the need is great enough, governments will find ways to reallocate budgets.

Graph illustrating the breakeven point of UBI.
©Scott Santens

To reduce bureaucracy costs, governments could replace unemployment and most other benefits with a standard amount provided to all, no strings attached. They could claw back the UBI of higher earners through higher taxes, thus redistributing some of the uneven wealth.

The World Economic Forum provides some reasonable numerical estimates for the US. After removing food and nutrition assistance, wage subsidies, child tax credits, temporary assistance for families, and the home mortgage interest deduction, the cost would be less than “a few hundred billion dollars.” A shortfall of this size can be covered by higher taxation of landowners, financial transactions, and companies that pollute or choose to automate, reducing tax breaks for the wealthy, or cutting military spending.

Though technological disruption won’t be as abrupt as coronavirus, both stress capitalism by decimating demand. Keeping everyone out of poverty is the only way to sustain demand and save capitalism.

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