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Real Hourly Minimum Wages Around The World

Real Hourly Minimum Wages Around The World | digitalNow | Scoop.it
Australia might have the highest hourly minimum wage in the world, but it’s also one of the most expensive places in the world to live. $16 in Austr
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Raechelle Landers's curator insight, September 23, 2013 4:50 PM

This is a great infographic for a global comparison of minimum wage. 

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Exploring leadership, management, innovation, and technology issues and trends; impacting associations & non-profit organizations in the digital age.
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How Do Consumers Perceive Corporate Social Responsibility?

Brand Management - Consumers are willing to pay more for a product or service from a company they feel is socially responsible. So, what demonstrates a company's social responsibility?
Don Dea's insight:

Some 84% of consumers are willing to pay more for a good or service from a company they feel is socially responsible, according to a a recent survey by Lab42.

In fact, "buying from a socially conscious brand" ranks in the top 5 drivers (after price, quality, customer service, and variety) that influence purchase decisions.

So, how do consumers view companies as socially responsible?

The biggest indicator for consumers is that the company offers high-quality products, according to 70% of respondents.

Some 69% mentioned the company's reputation for being employee-friendly and fair as an indication of social responsibility.


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The Four Rs of High-Stakes Decision Making

Sometimes the most obvious questions are the most crucial.
Don Dea's insight:

• Regret: What will you regret if you fail to act and are wrong? The more serious the potential regret, the sooner you should make your decision.

• Repeal: How difficult will it be to reverse course? The easier a decision is to repeal, the sooner you can make it.

• Repercussions: Who and what else will be affected by your decision? The broader the impact, the more carefully you should consider the decision. Be sure to account for less obvious stakeholders in order to minimize unintended consequences.

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When Computers Get a Right Brain

When Computers Get a Right Brain | digitalNow | Scoop.it
IBM is massively increasing its commitment to Watson, which was evident at last week's IBM Think Forum. IBM recognizes that if it can get a product that thinks first, then it can again take absolute control over the technology market, and every other company will be chasing it again. It is making some impressive headway, and the firm that succeeds at this will change the world.
Don Dea's insight:

Watson could provide travelers with an experience similar to what travel agents once provided. For instance, if your plane were delayed or grounded, it would automatically find and recommend an alternate route while you were in transit, which you could execute with one Amazon-like click. When called upon to help plan a trip, Watson could apply what it knows about you and about the various airlines and hotels to create the itinerary most likely to make it trip the best you've ever had. - See more at: http://www.ecommercetimes.com/story/hot-topics/81178.html#sthash.7nyVQk8I.dpuf

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Can Predictive Technology Make Us Less Predictable?

Can Predictive Technology Make Us Less Predictable? | digitalNow | Scoop.it
Over at the NY Times, Anna North asks if we can become more creative by using an unusual search engine called Yossarian that purports to help us see things in new ways—ways that go beyond the predictable associations we’re inclined to make when thinking about people, things, ideas, events, etc. [...]
Don Dea's insight:

It will take time to see whether tools like Yoassarian or Random can genuinely expand our horizons. The key thing to keep in mind, though, is that while prediction might be necessary to combat predictability, software by itself can only do so much. 

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The Danger Of Messing With A Good Business Strategy

The Danger Of Messing With A Good Business Strategy | digitalNow | Scoop.it
Trying to fix something that's not broken could cost your company heavily in the long run.
Don Dea's insight:

Changing strategies and pivoting quickly and repeatedly is the norm for start-ups. Without that flexibility, even more of them would die. Look how fast a little start-up called Facebook--which began as a dating service for Harvard kids--tinkered until it sewed up online social networking as far-bigger competitors like Microsoft, Yahoo, and Google watched enviously.

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3 Ways Leaders Stay Present

3 Ways Leaders Stay Present | digitalNow | Scoop.it
Executive presence is defined as projecting confidence, speaking with a sense of assuredness, being poised, (especially under pressure) and decisive. People
Don Dea's insight:

Being present requires us to shift our attention, over and over and over again, from the chatter inside our head to the real experience in the here and now.

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College Enrollment Declines for Second Year in a Row

College Enrollment Declines for Second Year in a Row | digitalNow | Scoop.it
Don Dea's insight:
College
  • In 2013, there were 19.5 million college students, including 5.3 million in two-year colleges, 10.5 million in four-year colleges and 3.7 million in graduate school. 
  • At the college level, 58.2 percent of students were non-Hispanic white. Hispanics comprised 16.5 percent, blacks 14.7 percent and Asians 8.1 percent.
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A Guide To Co-Leadership: Why It’s Hard, Why It’s Good, And How To Make It Work

A Guide To Co-Leadership: Why It’s Hard, Why It’s Good, And How To Make It Work | digitalNow | Scoop.it
In September Larry Ellison stepped down from the helm at Oracle and appointed a co-CEO pair as his successors. Articles about the announcement spoke of such..
Don Dea's insight:
Why It’s Hard

The company is the body of its leaders.

Everything is on you as leader: both superficially, in that your work ethic, smarts, creativity, values, vision, etc. will determine the path and success of your company; and also fundamentally, in that your company will look, feel and operate in accord with your actual constitution. 

This is true in a long-term sense (you will reap what you sow) and in a short-term sense (if you’re enthusiastic today the company will feel up; if you’re down people will be miserable).

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Cracking the Trade Promotion Code

Cracking the Trade Promotion Code | digitalNow | Scoop.it
Consumer product companies spend about $1 trillion each year on trade promotions. In a recent review of 39 million promotion events, Nielsen found that ¾ of promotions don’t break even.
Don Dea's insight:

 In a recent review of more than 1 million UPCs and 39 million promotion events totaling $555 billion in U.S. retail sales across 150 retail banners across channels, Nielsen found that almost three-fourths of promotions don’t even break even.

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Understanding the Watch That Drives the Buy

Understanding the Watch That Drives the Buy | digitalNow | Scoop.it
Today, viewers are consuming content across screens simultaneously. So for marketers, it all boils down to connecting with consumers when and where they’re watching—because more and more of them are buying at the same time.
Don Dea's insight:

The drive to maximize ad spend has never been higher, but increasing platform fragmentation continues to raise the stakes for marketers. While traditional TV viewing still accounts for the lion’s share of video viewing, watching via computer, smartphone, tablet and mobile is steadily growing—and fueling more opportunities to reach engaged audiences

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Marketers Are Chasing Consistent and Unduplicated Audience Measurement

Marketers Are Chasing Consistent and Unduplicated Audience Measurement | digitalNow | Scoop.it
While increased reach is a goal for anyone in advertising, many marketers know that audience size is just part of the equation. That’s because simply reaching people doesn’t guarantee resonance, and it certainly doesn’t lock in a sale. That’s why more and more organizations are focused on creating messages that are effective and drive sales.
Don Dea's insight:

The bottom line is clear: Integrated multi-screen advertising will grow in importance as marketers see the continuing rise of video across screens. In fact, 85% of marketers polled in a recent Nielsen/Association of National Advertisers (ANA) study said the use of integrated multi-screen campaigns will be very important in delivering an effective message by the year 2016, much higher than the 38% who feel that way today.

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A Day in the Life of the Collaborative Economy

A Day in the Life of the Collaborative Economy | digitalNow | Scoop.it

Data shows collaboration in the new economy is accelerating. 
People are crowdfunding, making, sharing, collaborating, all kinds of their things in life. Some are getting food on-demand, rather than going to traditional grocery stores or restaurants. The world is speeding up, and people are transacting between each other, or rapid-delivery services. We expect this to continue to accelerate as the funding from VCs dwarfs many markets, adoption rates are doubling, and the media has endless coverage over this collaborative movement. To help make sense of this dizzying environment, we attempted to take a snapshot of this world in motion, to try to find out what a single day comprises of

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David Hain's curator insight, October 20, 2:45 AM

Interesting snaphot of collaboration activities.

Efficienarta's curator insight, October 20, 3:31 AM

My sense is that enterprises that have collaboration "in their DNA" have a huge advantage.  Managers and Leaders at all levels can foster this by being seen to "Live" collaboration so that it is seen and felt to be a core value of the enterprise.

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The Value of Postsecondary Credentials in the Labor Market

We study employers’ perceptions of postsecondary degrees using a field experiment. We randomly assign the sector and selectivity of institution to fictitious resumes and send them to real vacancy postings on a large online job board. According to our results, a bachelor’s degree in business from a for-profit “online” institution is 22 percent less likely to receive a callback than a similar degree from a non-selective public institution. Degrees from selective public institutions are relatively more likely to receive callbacks from employers posting higher-salaried jobs, suggesting that employers value college quality and the likelihood of a successful match when contacting applicants
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To MOOC or not to MOOC, is that the Question?

To MOOC or not to MOOC, is that the Question? | digitalNow | Scoop.it
Massive Online Open Courses (MOOCs) in management education are growing rapidly in response to exorbitant tuitions, tightening budgets, limited class availability, and globalization.
Don Dea's insight:

MOOC and SOOCs also open up tremendous learning opportunities for underdeveloped regions and countries where business education is a scarce community. Even an introduction to management fundamentals can greatly enhance business knowhow in these areas. Looking ahead the next big breakthrough in both MOOCs and SOOCs will involve adaptive learning platforms. Adaptive MOOCs and SOOCs driven by intelligent agents (e.g., IBM’s Watson) can design customized lesson plans and learning experiences based on student performance and background, which will provide future generations, on a worldwide basis, with the business tools needed to remain competitive in this ever increasingly digital-based global economy. The relevant question is “When to MOOC.”

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Innovation: The Flip Side of Resilience

Resilience was a hot topic at last week’s O’Reilly Velocity conference, and the topic was hottest during the keynote and subsequent interview by David Woods, Professor of Cognitive Systems Engineering and Human Systems Integration at The Ohio State University. As an expert in Resilience Engineering, Professor Woods has consulted on [...]
Don Dea's insight:

In fact, innovation requires disruption, the “big signal” Woods is referring to, and of course, disruptions are usually surprising. As a result, proactive learning – in other words, planning ahead – is essential for an organization’s innovativeness. So, how do you architect an organization that is both resilient and innovative? 

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Presentations Gone Wrong: Five Rules for Avoiding a Really Bad Presentation

Know your stuff

Needless to say, right? But how many times have you seen a presenter merely reading from a heap of material on their desk or, worse yet, their slides?

If you're passionate about the topic, you'll know it inside-out. Passion is contagious. It'll rub off on your audience.
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Seven Skills Marketers Need to Succeed

Career Management - What are the most important skills that a marketer needs?
Don Dea's insight:

The ability to understand data ranks high on the list. "Research predicts a shortfall of up to 1.5 million data-savvy managers by 2018," Formstack states.

Technical skills, such as basic coding or video production, also make a job applicant more desirable. "Two of four new marketing hires will require technical skills," according to Formstack.



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What You Need to Do to Become a Thought Leader

What You Need to Do to Become a Thought Leader | digitalNow | Scoop.it
Career Management - Let's take a look at three content delivery approaches you can use to launch a thought leadership campaign for yourself or the executives you advise.
Don Dea's insight:

How can you best use these three tools—speaking, writing, and research—to boost your thought leadership profile?

Allow me to share a personal story. Some years ago I queried a few trusted colleagues. Based on their views of my strengths, I decided to pursue the speaking and writing avenues. Only after I had systems in place for those two approaches did I then add research to the mix.

The point is to find the mix that works best for you.



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Bending the Rules: When Are Loopholes Evil?

Bending the Rules: When Are Loopholes Evil? | digitalNow | Scoop.it
Evil comes in many forms--some greyer than others. Today, we want to talk about a tricky kind of evil: when are loopholes, exploits, and "gaming the system" okay?
Don Dea's insight:

When it comes to using loopholes, here are some guidelines you may want to consider:

  • Is it breaking the law? It may be Evil Week, but it's rarely a good idea to blatantly break the law. If there's money involved or some sort of profit at stake, it may be illegal, and getting caught has more serious consequences than just breaking a simple rule.
  • Is it affecting someone else? Consider the fact that someone else might get in trouble because of your actions. Are you taking advantage of someone who can't protect themselves?
  • Is it worth the trouble? You don't want to do anything that could lead to you losing your job or losing privileges.
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How to (Gradually) Become a Different Company

How to (Gradually) Become a Different Company | digitalNow | Scoop.it
Five tips for shifting your core business.
Don Dea's insight:

Allow time and persevere. Pulling off a core shift takes many years, if not a decade, as PPG and other companies have shown. For example, it took Umicore, a global materials technology group, five years (2002–2007) to lay the basis for its transformation from a commodity supplier of base metals into a premium provider of emission control catalysts, rechargeable battery materials and other value-added solutions. It initially lost about half of its revenues by divesting its copper and zinc smelting business, but by 2010 it had quadrupled its revenues to €2 billion through a combination of acquisitions and organic growth.

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Uncommon Sense: Millennials: Dispelling the Myths

Economic and social choices tend to come in clusters, as one decision drives another. Not surprisingly, those seeking to set up a stable family unit want a stable place to live. Again, while our survey showed that most Millennial movers will rent next, more than eight in 10 already own or plan to own their own home someday. Nor has the recent crash in home prices led Millennials to believe home ownership a poor investment. Based on stated aspirations, there is no reason to believe that this generation will be any less likely to own their homes.
Don Dea's insight:

Like most myths, there is some truth here – but only some. Last summer The Demand Institute surveyed over 10,000 U.S. households about their current living situations, moving intentions and home preferences as part of a broader research initiative to understand how U.S. consumers’ housing and community demand would evolve over the next five years. The survey included interviews with more than 1,000 households headed by Millennials – a group we define as those between the ages of 18 and 29.

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The Surprising Facts About How Much Time People Spend On The Major Social Networks

The Surprising Facts About How Much Time People Spend On The Major Social Networks | digitalNow | Scoop.it
The best data on social media engagement, and where social audiences spend their time. Plus, what do they like to do on social networks?
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Forecasts And Growth Trends For The Leading 'Internet Of Things' Market

Forecasts And Growth Trends For The Leading 'Internet Of Things' Market | digitalNow | Scoop.it
The connected-home category will make up about 25% of shipments within the 'Internet of Things'.
Don Dea's insight:

Connected-home device shipments will grow at a compound annual rate of 67% over the next five years, much faster than smartphone or tablet device growth, and hit 1.8 billion units shipped in 2019, according to BI Intelligence estimates. Connected-home devices include all smart appliances (washers, dryers, refrigerators, etc.), safety and security systems (internet-connected sensors, monitors, cameras, and alarm systems), and energy equipment like smart thermostats and smart lighting. 

Read more: http://www.businessinsider.com/connected-home-forecasts-and-growth-2014-9#ixzz3Gke9AbNh

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The Real Revolution in Online Education Isn't MOOCs

The Real Revolution in Online Education Isn't MOOCs | digitalNow | Scoop.it
Why competency-based education matters.
Don Dea's insight:

Something is clearly wrong when only 11% of business leaders — compared to 96% of chief academic officers — believe that graduates have the requisite skills for the workforce. It’s therefore unlikely that business leaders are following closely what’s going on in higher education. Even the latest hoopla around massive open online courses (MOOCs) amounts to more of the same: academics designing courses that correspond with their own interests rather than the needs of the workforce, but now doing it online.

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Tracey Vickery's curator insight, October 20, 9:51 AM

True that employers should know what a student CAN do, and competency based evaluation is needed.  BUT, many skills are demonstrable these days...the ability to publish, create apps and software, works of art, etc.  One can demonstrate abilities in videos, ePortfolios, etc.  These methods are much more effective than sharing test scores and GPAs.

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Position Is Huge for Smartphone Search Ad CTRs

Across mobile and desktop, paid search campaign clickthrough rates are highest for first-position ads—and this is especially prominent on smartphones. In all, search ads in the first position on smartphones account for close to 40% of clickthroughs.
Don Dea's insight:

In all, first-position ads on smartphones grabbed nearly 40% of clickthroughs—more than double the 18% for second-position spots. Desktop search ads in the first position accounted for 30% of CTRs, while those on tablets claimed 36%. Though third-position ads grabbed a larger share of clickthroughs on smartphones than they did on desktops and tablets, this wasn’t the case for the remaining spots - See more at: http://www.emarketer.com/Article/Position-Huge-Smartphone-Search-Ad-CTRs/1011310#sthash.NadjZAyM.dpuf

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