Residents of Canada's Fogo Island have depended on cod for centuries as a primary source of income. In 1992, the Canadian government announced a moratorium on cod fishing in the northern Atlantic Ocean as a way to bolster a dwindling stock. However, this measure generated a wave of unemployment that forced many residents of Fogo Island to leave the industry and the community, significantly decreasing the island's population.

It is increasingly difficult to ignore the ethical scandals that are continually being uncovered and presented in the media.

Based on the performance of Portuguese companies during the sovereign debt crisis, we find that newly hired managers have become relatively more effective in achieving better performance for the companies. When compared to managers who have been with the organisation longer, newly hired managers outperform by around 18 per cent, both in terms of total sales and value added.

Al Gore recently stated that sustainability is "the greatest investment opportunity in history" [1] and that "impact investing has the scale of the industrial revolution and the speed of the digital revolution". But how can companies change their business to this new paradigm without compromising their present?

By shopping online or posting a "like" on Facebook we expose our identity and privacy to a gigantic pool of data. Yes, there is huge potential there for humanity. But there are also a number of threats we need to be aware of. Second in a series of ten texts about the risks of the "Digital Revolution".

The last few years have been paradoxical.

Recent times have been fertile in events, decisions, movements, positions taken and deliberations that not long ago we did not imagine possible. Even though, deep down, we believed in change, we did not believe it would unfold at this pace.