Two McKinsey pieces on education – do read them

Two astonishing reports on education from McKinsey. The first shows the effect that the USA’s poor schools have had on their economy – and was just released. It finds the economic loss in the order of US$2,400 billion to $4,200 billion of GDP in 2008 alone. That’s more than enough to compensate for the current […]

Dissecting the NZ Job Summit output – Group outputs

The Government sponsored Jobs summit was on Friday, and on the beehive website you can read the input documents, breakout descriptions, attendees, power point bullet outputs and  a top 20 laundry list. So lets get to it. I believe a summit was a good idea – the depression looms, and that also the focus on […]

NZInstitute BB report: Digital media benefits are underestimated

Continuing a series of comments on the excellent NZ Institute Broadband report, we turn to page 8: Digital media. NZ Institute estimate $800m in extra benefits, with the tree showing $680m to $1.03bn. Here’s the top half: Let’s look the right hand sides. Current cost base = $2.1 billion. The source for this is unclear, […]

NZInstitute BB report: Telepresence growth benefits are limited

That’s the second part of the tree on page 7 of the NZ Institute report. It shows total annual benefits of $165-$335m in increased exports from decent broadband allowing better telepresence. Telepresence I guess is defined by the authors as basically video conferencing with big screens and higher resolution. To work it out the authors […]

NZInstitute BB report: Telepresence costs savings are minimal

Let’s start comments on the NZ Institute Broadband report with the top chunk of the slide on Telepresence, which is page 7. It is the first page that shows how the topline number of $2.7-$4.4 billion in economic benefits is built up. I believe the $95m in annual cost savings is far too high. NZ […]

The NZ Institute report – the benefits of broadband

If you are frustrated as hell at the ponderous pace of broadband adoption and speeds in New Zealand, then the New Zealand Institute report: DEFINING A BROADBAND ASPIRATION: HOW MUCH DOES BROADBAND MATTER AND WHAT DOES NEW ZEALAND NEED? is essential reading. The presentation is in classic McKinsey style, which is an acquired taste, but […]