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Schumpeter Column from The Economist.
Fixing the capitalist machine: Some sensible ideas for reviving America’s entrepreneurial spirit.
Are you sure you want to delete this scoop?
Why prestige is the enemy of passion, or how to master the balance of setting boundaries and making friends.
“Find something more important than you are,” philosopher Dan Dennett once said in discussing the secret of happiness,“and dedicate your life to it.” But how, exactly, do we find that?
Surely, it isn’t by luck. I myself am a firm believer in the power of curiosity and choice as the engine of fulfillment, but precisely how you arrive at your true calling is an intricate and highly individual dance of discovery.
Still, there are certain factors — certain choices — that make it easier. Gathered here are insights from seven thinkers who have contemplated the art-science of making your life’s calling a living.
As a result of the recent Great Recession, managers have to be their own futurists.
Get recommendations to improve your skills in both “futuring” and visioning.
1. Learn the theories, best practices, and skills of futuring to supplement strategic planning. This includes trend analysis beyond trend extrapolation, methods for expert judgment, and scenario generation.
2. Directly relate the trends and issues of futuring to specific patterns in customer behavior and emerging business opportunities. Seek ways to directly link futuring with visioning.
3. Develop your own point of view of the future, combining both external and internal elements, and communicate it with others, not just to convince them to see the future as you do but to engage others in a discussion of different potential points of view. This allows us to make the process participatory, with resulting buy-in and cooperation of others.
Curated by Kenneth Mikkelsen
We have a responsibility to make the impact only we are capable of. Here are some ideas straight from the 2012 World Domination Summit.
If ignorance is bliss, then optimism must be euphoria. Thanks to a mechanism called the optimism bias, humans are pretty much incapable of applying basic risk statistics to their own lives. We know smoking causes cancer, but we don’t expect it to happen to us. We find a lump on our body and we tell ourselves it’s probably nothing.
Frank Partnoy describes himself as an inveterate procrastinator - and the banker/lawyer/author is not convinced that’s a bad thing.
Frank Partnoy wrote a book about optimal delay. Fast Company couldn't wait to talk to him.
Luke Skywalker: "I can’t believe it." Yoda: "That is why you fail."
This blog post on Forbes by David DiSalvo reflecs on falling short — more precisely, why we fail despite ourselves.
Image credit: Wikipedia
Tiffany Shlain, founder of the Webby Awards, talks about today's interconnected society at The Economist's Ideas Economy: Information 2012 event in San Francisco. I wanted to bring this to your attention because what she is speaking about concerns all of us.
What does it mean to live in a connected world? How is it changing us, our culture and the planet?
Her film "Connected" is a must see! It's thought provoking and captures the essence of the experience, the anxiety, overwhelm, mystery, commonality, rapture, looks at the potential and wonder of what innovation, knowledge, discovery lies ahead.
"Go as far as you can see and when you get there. you'll be able to see even farther"
Selected by Jan Gordon covering "Exploring Change and Ongoing Discussions"
See video here: [http://www.youtube.com/watch?v=NRTnUKpDGWs]
Today's emerging markets are also "emerging" as big businesses on a global stage. What explains their success and how serious of a threat are they to dominant multinationals in the West?
Today is a wonderful day. Two of my dear friends and business partners are featured on BBC Business Daily. Listen to Jacques Lafitte from Avisa and Jeppe Vilstrup Hansgaard from Innovisor on BBC.
The subjects are Google and same gender collaboration.
Our world has rapidly gone from being connected to interconnected to interdependent. When the world is tied together this intimately, everyone's values and behavior matter more than ever, because our actions affect more people than ever and in ways they never have.
A father's love contributes as much - and sometimes more - to a child's development as does a mother's love. That is one of many findings in a new large-scale analysis of research about the power of parental rejection and acceptance in shaping our personalities as children and into adulthood.
"In our half-century of international research, we've not found any other class of experience that has as strong and consistent effect on personality and personality development as does the experience of rejection, especially by parents in childhood," says Ronald Rohner of the University of Connecticut, co-author of the new study in Personality and Social Psychology Review.
The original publication can be found here: http://psr.sagepub.com/content/16/2/103.full
Impatient... great marketing takes time. Doing it wrong ten times costs much more and takes longer than doing it slowly, but right, over the same period of time.
Selfish... we have a choice, and if we sense that this is all about you, not us, our choice will be to go somewhere else.
Self-absorbed... you don't buy from you, others buy from you. They don't care about your business and your troubles nearly as much as you do.
Deceitful... see selfish, above. If you don't tell us the truth, it's probably because you're selfish. How urgent can your needs be that you would sacrifice your future to get something now?
Inconsistent... we're not paying that much attention, but when we do, it helps if you are similar to the voice we heard from last time.
Angry... at us? Why are you angry at us? It's not something we want to be part of, thanks.
Jealous... is someone doing better than you? Of course they are. There's always someone doing better than you. But if you let your jealousy change your products or your attitude or your story, we're going to leave.
Of course, they're not marketing sins, they're human failings.
Humility, empathy, generosity, patience and kindness, combined with the arrogance of the brilliant inventor, are a potent alternative.
From the fantastic RSA Animate series comes an illustrated distillation of behavioral economist Dan Ariely’s new book, The (Honest) Truth About Dishonesty: How We Lie to Everyone — Especially Ourselves.
Here, Ariely highlights some of the fascinating psychological mechanisms that steer our moral compass — and often do so in directions different from our self-conception as righteous people — explaining everything from why we cheat on our diets to how the world ended up in a massive financial crisis, and offering lab-tested behavioral insights on what we can do about it all.
BUSINESS in the Nordic countries has suffered a series of humiliations in recent years.
Nokia is a shadow of its former self. Volvo has been passed from one foreign owner (Ford) to another (the Zhejiang Geely Holding Group), and Saab Automobile has collapsed. Iceland’s banking industry has imploded.
But in one business, at least, Scandinavia is sweeping all before it: the production of crime thrillers.
Mornings are a great time for getting things done. You’re less likely to be interrupted than you are later in the day. Your supply of willpower is fresh after a good night’s sleep. That makes it possible to turn personal priorities like exercise or strategic thinking into reality.
The Theory of Profitivity Henrik Hyldgaard’s brand strategy studio in Denmark called Hotel Creativity represents a bold breed of Scandinavian-style business innovation.
He’s invented a new twist on driving profits and building brands that he calls “profitivity”.
Henrik is on a mission to teach the next generation of business leaders to surf the waves of change.
I can highly recommend Henrik's book: Hotel Creativity.
We all love the Olympics for its dazzling display of talent, dedication, hard work and sacrifice, with the world’s most talented athletes competing for entire nations.
But things always happen to mar that ideal image.
Here’s what some of the biggest mistakes in the 2012 Olympics have reminded us not to do.
More than 1.5 million books were published last year. So how are you going to make sure yours gets noticed? Rob Eagar, author of Sell Your Book Like Wildfire: The Writer?
Interview with Dan Ariely related to his new book.
"Honesty is a complex and tricky thing, and we don’t want to be honest all the time."
"We are moving to a situation which allows people to rationalize dishonesty to a much, much higher degree. And because of that whenever we have financial instruments that are further way from money, we just need to be more careful."
"I’ve been talking to big cheaters, including people who have been to prison, and I tell you, nobody I’ve talked to has ever thought about the long-term consequences of their actions."
How can you prepare your company to scale? An excellent product and the right initial talent is key.
The cyber world is changing and shaping the needs and expectations which have evolved beyond mere key word search. Services like Scoop.it will meet those because Google won't. Pretty soon the question will be "have you scooped it?" rather than "Have you Googled it?"
There are basically three kinds of knowledge humans can share with one another: news, concepts, and skills.
Most of our early advances in communication technology focused on sharing news over a distance – a good place to start, as it was helpful in avoiding death.
We've come a long way since then, and while online technologies are still evolving – and while too many people still lack access to them – we're using the internet to convey news, skills, and sophisticated concepts globally, instantaneously, and with increasing efficiency.
Let's take a look at a few key historical moments in the history of knowledge transfer.