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Management - Innovation -Technology and beyond
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Who's Training the Next Generation of Data Scientists?

Who's Training the Next Generation of Data Scientists? | Management - Innovation -Technology and beyond | Scoop.it

A projected shortage of qualified data scientists could leave U.S. businesses unable to tap the value of big data. The U.S. faces a projected shortage of 140,000 to 190,000 qualified data scientists - not to mention 1.5 million data analysts - by 2018, according to a study by the McKinsey Global Institute. IT professionals with the skills to analyze big data and guide businesses' decision-making processes will be in high demand and short supply. The University of California at Berkeley's new School of Information (iSchool) masters' level program aims to help students gain the knowledge, tools and training to land high-level, highly sought-after positions with businesses looking to use big data to improve efficiency, create new revenue streams, and compete more effectively in the marketplace !

Fouad Bendris's insight:
"There certainly are folks today in business and in academia who can fill these roles. The problem is there aren't enough of them to fill the need. The effective use of data science has applications in almost every business in every organization around the world, and that's the issue."--Michael Chui, principal, McKinsey Global Institute
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Don’t Take the Wrong Paths to Power !

Don’t Take the Wrong Paths to Power ! | Management - Innovation -Technology and beyond | Scoop.it

Forget the common good – it’s your own good that matters. Seek power, seize it, and hoard it. If you have to bruise egos along the way, so what? No one will care or even remember how you got to the top ! These are tips for career success from Stanford Business professor Jeffrey Pfeffer, who teaches a provocative class called "Paths to Power." Among other things, Jeffrey warns students to avoid getting unduly slowed down by ethics, modesty or ideals. Getting to the C-Suite isn’t a journey for do-gooders, he says, and worse, an overactive conscience can be "dangerous to one’s organizational survival."

Fouad Bendris's insight:

There are a thousand pathways to power and influence. If you are a lone wolf seeking power by any means, you may gain influence for a while at a cost of long-run success, and happiness ...

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The Ultimate Guide to Explain Digital !

The Ultimate Guide to Explain Digital ! | Management - Innovation -Technology and beyond | Scoop.it

What is Digital? That’s a tough one….and you would never imagine how many professionals have asked this question. Because at the end of the day, they feel lost. This guide is here to help you better understand to what extent digital, as a tool, is modifying the company and (probably) your job !

Fouad Bendris's insight:

Brillant study around Digital - A kind of " Digital for Dummies " wonderful book ;()

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Life in the Matrix

Life in the Matrix | Management - Innovation -Technology and beyond | Scoop.it

As companies evolve away from traditional hierarchies, a major cultural shift is required. Not long ago, a global consumer products firm based in Europe found itself hobbled by its traditional organizational culture. It had fiercely independent product development and marketing divisions, and equally siloed business units, whose members hardly talked to one another. Even small management decisions languished while awaiting sign-off from the top four executives, who were the only people with accountability for the whole enterprise. The company’s top management recognized that something had to change

Fouad Bendris's insight:
Don’t Blame Your Matrix

We’ve seen similar scenarios play out in many other organizations. First, they adopt a matrix structure, believing this realignment will solve problems caused by hierarchical rigidity and internal silos. They often spend significant effort and resources on getting the formal elements of the matrix right, paying particular attention to defining roles, rules, measures, policies, and procedures

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Be Yourself, but Carefully

Be Yourself, but Carefully | Management - Innovation -Technology and beyond | Scoop.it

“Authenticity” is the new buzzword among leaders today. We’re told to bring our full selves to the office, to engage in frank conversations, and to tell personal stories as a way of gaining our colleagues’ trust and improving group performance. The rise in collaborative workplaces and dynamic teams over recent years has only heightened the demand for “instant intimacy,” and managers are supposed to set an example.

Fouad Bendris's insight:

These five steps should help you avoid some of the pitfalls we’ve outlined and become a more effective leader. Remember to think carefully about your motives and likelihood of success. Self-disclosure is a valuable managerial tool, but it must be used judiciously. What stories do you have to tell, and who needs to hear them?

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Don't Defund Humanities (They're Crucial, Too)

Don't Defund Humanities (They're Crucial, Too) | Management - Innovation -Technology and beyond | Scoop.it

Everyone is talking about the crisis in STEM education — the shortfall of qualified scientists, technologists, engineers, and mathematicians to fill the jobs of the future. The relative lack of STEM graduates in the U.S. is frequently cited as a threat to the country’s global standing. But lately there has been a growing outcry from the “other side of campus” — humanities and social science departments wondering where their advocates have gone. Some argue that the STEM crisis is overblown – that in fact there are more STEM graduates than jobs. Others just want their fair share of resources !

Fouad Bendris's insight:

Human beings (even very smart ones) tend to be very bad at assessing and considering hidden costs and hidden opportunities, and so over-index towards transparent costs and opportunities. Both on a national basis as well as for individual careers, STEM tends to be associated with much more transparent costs and opportunities than humanities ...

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The Innovator’s Temptations !

The Innovator’s Temptations ! | Management - Innovation -Technology and beyond | Scoop.it

One of the most frequently asked questions I get is, “How can we unleash innovation all across our company?” Through the course of working with dozens of different organizations and teams, I’ve noticed four common traps that are all too easy to fall into, and nearly always get in the way of building a culture of constant innovation. I call them temptations, because they are the siren call to many an innovator. They’re quite intuitive, and thus very hard to resist !

Fouad Bendris's insight:

One answer is to look around you, use your power of observation, and start solving the little problems you see that reside in your sphere of control, expertise, and responsibility. In the words of Malcolm Gladwell, “little things can make a big difference.” 

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Disruptive Innovation vs. Harvard: Who Will Win?

Disruptive Innovation vs. Harvard: Who Will Win? | Management - Innovation -Technology and beyond | Scoop.it

When I was in business school, I was taught that Coca-Cola was the world’s most powerful brand. But that’s plain wrong: elite universities are the world’s most powerful brands. No one ultimately cares all that much whether their daughter has a Coke or a Pepsi, do they? But they would do nearly anything to send her to an elite university !

Fouad Bendris's insight:

So if you’re the president of Harvard, what do you do? Focus on teaching the most measurable skills as well as possible? Or the softest skills? Disrupt yourself now? Or hope that others don’t disrupt you later?

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Digging The Dirt Of Your Deep Rooted Constraints !

Digging The Dirt Of Your Deep Rooted Constraints ! | Management - Innovation -Technology and beyond | Scoop.it

It’s amazing how strongly what you did last time governs what you do this time. In fact it’s impossible to separate today’s choices from yesterday’s actions. And even more amazing is your brain’s power to blind yourself from your self-governing. You stealthily create assumptions, and without your knowledge erect walls of invisible constraints. Invisible, yes, but self-limiting none-the-less ...

Fouad Bendris's insight:

Crushing constraints and skinning assumptions demands new language. Instead of more, think less; instead of broad, think narrow; and instead of what it will do, think what it won’t do !

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Durkheim Project Leverages Big Data to Prevent Veteran Suicides

Durkheim Project Leverages Big Data to Prevent Veteran Suicides | Management - Innovation -Technology and beyond | Scoop.it

In partnership with social media networks and the U.S. Department of Veteran Affairs, a nonprofit research project is seeking to show that predictive analytics can identify U.S. veterans of Iraq and Afghanistan who are suicidal and need help. Suicide has grown to epidemic proportions among U.S. veterans of Iraq and Afghanistan, and the Pentagon and U.S. Department of Veterans Affairs is hoping that social media and big data can help them identify at-risk veterans and get them the care they need !

Fouad Bendris's insight:

The idea was deceptively simple. A veteran in distress may not be able to communicate that distress verbally. But they do frequently reach out via social media: Facebook posts, tweets and so on. If you can model key textual indicators of suicidality and analyze social media streams in real-time, you can potentially identify at-risk individuals and intervene before they harm themselves.

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Technology firms to spend $150bn on building new data centres

Technology firms to spend $150bn on building new data centres | Management - Innovation -Technology and beyond | Scoop.it

Google in latest results, revealed that it invested $1.6bn on building data centres just in the three months from April !to June !

Handling "big data" for millions of people generally involves billion-dollar cheques. That was the price Apple spent on its third data centre – in Malden, North Carolina – covering 500,000 sq ft (4.65 hectares) and cooled by water from nearby rivers. It's not alone: Google, Facebook, US phone company AT&T and services company Wipro also have centres there, attracted by cheap electricity and plenty of space in the rural state; one centre can cover as much space and use as much electricity as a small town. They are power-hungry and data-hungry...

Fouad Bendris's insight:

Hence Google built one near Dublin covering 4.45 hectares (11 acres) and costing €75m. Unusually, it's air-cooled. Even so, building data centres is increasingly becoming a tussle between access to space, and rapidity of connection. Ahead of the 2012 London Olympics, some IT administrators in the financial centres of Canary Wharf in east London fretted that they wouldn't be able to get enough electricity to power their new centres – which had to be located close to dealing-room floors in order not to give up precious milliseconds of valuable trading time. Some considered briefly moving out of London – but relented and now benefit from the extra power sources installed to deal with them !

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Cracking The Code Of Innovation

Cracking The Code Of Innovation | Management - Innovation -Technology and beyond | Scoop.it

Innovation doesn't come easily to most large companies. Yet some big players in nearly every industry are able to turn out one successful new product after another. Take consumer goods. Unilever, already a leader in the category, launched more than 10 times as many new products in 2012 as it did a few years ago. Unilever’s average value per project increased 75% over the past few years while time to market decreased between 25% and 50%. The company is quick to adapt new products to consumer tastes when necessary

Fouad Bendris's insight:

The leaders outperformed the laggards on all these capabilities, not just one or two—a sure indication that they are taking a systematic approach to innovation ...

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9 Ways to Ace the IT Executive Interview

9 Ways to Ace the IT Executive Interview | Management - Innovation -Technology and beyond | Scoop.it
Your networking and resume work has paid off. You finally landed an interview for your dream job as an IT executive and you couldn't be more excited. The only thing that stands between you and the executive washroom is the interview itself.
Fouad Bendris's insight:
Make a Great First Impression - Again, body language is critical and, according to research from Psychology Today, how you perform in the first moments of your interview will leave a lasting impression on the interviewer or interviewers. Maintain eye contact, good posture and offer a firm handshake. Dress appropriately. Experts agree that unless you're told otherwise, a suit, and if you're a man, a tie are likely necessary. If you've got an inside contact you can ask them the dress code; whatever it is, dress up one level higher ...
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The Ultra-Flexible Workforce Model: Talent as a Service !

The Ultra-Flexible Workforce Model: Talent as a Service ! | Management - Innovation -Technology and beyond | Scoop.it

During the past few years, the definition — as well as the look and feel — of both the workplace and the workforce has been dramatically transformed. Many of these changes have been driven by the proliferation of new mobility and cloud technologies. Other changes, however, have come through a shift in mindset toward more open, less restrictive organizational structures emphasizing partnering and collaboration. One of the more intriguing perspectives on this topic was a Wall Street Journal column by esteemed thought leader and long-time IBMer Irving Wladawsky-Berger in which he wrote about the emergence of “collaborative ecosystems,” the need for organizations to eliminate “boundaries” and offer business partners information, services and other assistance to help them succeed!

Fouad Bendris's insight:

Whether your company taps the crowd to test new product designs or improving customer service, for Big Data capture and analysis or even search relevance testing - it is bypassing the organizational equivalent of the once dominant, proven and preferred brick-and-mortar labor model.

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Smartphones: Transforming society into a sea of stupid !

Smartphones: Transforming society into a sea of stupid ! | Management - Innovation -Technology and beyond | Scoop.it
Technology can enable us reach out to people in ways that were never possible before, but at the same time, it is also extremely capable of bringing out the absolute worst of humanity as well.
Fouad Bendris's insight:

In summary, the smartphone/social networking cocktail combined with this penchant for information snacking is a perfect storm for artificially created autism spectrum disorders, and it makes antisocial behavior in the form of a non-stop feedback loop the new accepted norm ...

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Ambidexterity: The Art of Thriving in Complex Environments !

Ambidexterity: The Art of Thriving in Complex Environments ! | Management - Innovation -Technology and beyond | Scoop.it

Ambidexterity—the ability to excel simultaneously in efficiency and innovation—is a rare but increasingly critical asset in today’s complex business environment. Managers today face an apparent contradiction. On one hand, austerity in the developed world and intense competition push them to cut costs and drive efficiencies. On the other, the increasing pace of change means they need to emphasize innovation. Resolving this contradiction requires ambidexterity—the ability to both explore new avenues and exploit existing ones. Companies need ambidexterity when operating in diverse environments that require different styles of strategy simultaneously, or in dynamic environments that require them to transition between styles over time. Companies need to be ambidextrous when operating in both emerging and developed markets, when bringing new products and technologies to market while exploiting existing ones, when integrating startups into their existing business, and in a range of other circumstances !

Fouad Bendris's insight:

Ambidexterity is therefore rare: a recent BCG study of the financial performance of approximately 2,000 publicly listed U.S. companies found that only about 2 percent consistently outperformed their industry in both turbulent and stable periods. But ambidexterity is becoming an increasingly critical asset as the diversity and dynamism of business environments rise...

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Are you innovating in your head?

Are you innovating in your head? | Management - Innovation -Technology and beyond | Scoop.it

You may notice a couple of interesting similarities between the two picture ...

1. The main character is “innovating” only in their head 2. The manager is unsure how to help foster innovation, but thinks that he actually has helped Now, if you are “innovating” only in your head, you are not innovating, you are dreaming. There is nothing wrong with dreaming, with being curious, or with being inspired (and all three are incredibly important), but they are only the beginning !

Fouad Bendris's insight:

For a dream to become a reality, and for that reality to become an innovation, you must manifest it into an invention that others can experience and provide input into, and it must transform the useful seeds of that invention into widely adopted solutions valued above every existing alternative...

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What Happened to Employee Loyalty?

What Happened to Employee Loyalty? | Management - Innovation -Technology and beyond | Scoop.it

I wrote a Q & A column advising a guy who was conflicted about his work obligations versus his commitments at home.

This fellow's job put him in situations where on a moment's notice, he'd have to stay at work until ten p.m. or midnight and often miss important family events.

"What's my obligation to my employer, exactly, and what is my employer's obligation to me?" asked the reader in his query. In the column where I answered his question, I talked about setting boundaries and creating realistic expectations for handling business emergencies (some managers set a very low bar when describing a problem as "urgent"). I answered the question "What do I owe my boss, and what does he owe me?"

Fouad Bendris's insight:

It isn't difficult to earn the loyalty of our team members. We only need to be loyal, back. That doesn't mean we must guarantee their long-term employment. No one can do that. Maybe there are lifetime employment guarantees at the Vatican -- that's what I hear -- but virtually nowhere else is a job today a guarantee of a job tomorrow !

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As We Change the Paradigm!

As We Change the Paradigm! | Management - Innovation -Technology and beyond | Scoop.it

I recently facilitated a mentor training course and was blessed as always to have course candidates that were fully engaged and shared the passion for mentoring.What was interesting was that we entered the room as mentors and we left with a better understanding of mentoring and started the journey to become an “effective mentor. We have all either been a mentor or been on the receiving end of some mentoring. We all have stories that we can tell about the success of that relationship. One of the course candidates this week raved about the mentoring that he had over quite a period of time !

Fouad Bendris's insight:

The paradigm is shifting when it comes to effective mentoring. Reverse mentoring is a term that we do not use anymore. It has such negative connotations with the use of the word “reverse”. It usually refers to a younger person mentoring an older person. This takes place when a young professional is perhaps teaching an older work colleague the use of technology. The paradigm shift is that is really effective mentoring ...

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The 21st Century Dual-Mindset Leader !

The 21st Century Dual-Mindset Leader ! | Management - Innovation -Technology and beyond | Scoop.it

Thriving in the age of exponential growth Business !

leaders of 40 years and over grew up in a linear world where progress, improvements, technologies all increased in small increments. Take cars for example, a 20th century dominating technology. The land speed record was first established in 1898 at 39 mph and increased an average of 7 mph per year until in 1997 when it topped out of 760 mph. That’s an increase of 19 times in 100 years !

Fouad Bendris's insight:

So, as leaders we have a stark choice to make. We can continue to believe that the single linear mindset that made us successful will long endure. Or, we can recognize the shifting ground under our feet for what it is, a fundamental alteration of the mindset we need to be successful in the exponential age we call the 21st century...

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Is the Arctic the Next Emerging Market

Is the Arctic the Next Emerging Market | Management - Innovation -Technology and beyond | Scoop.it

As the ice recedes in the Arctic, talk of industry entering the region to take advantage of its economic opportunities is on the rise. The territories contain significant natural resources, including conventional hydrocarbons (natural gas, condensate, and oil), metals, fish, high-value minerals such as diamonds and rare earths, and fresh water. If the region’s waters become more navigable, viable new trans-Arctic shipping routes between the North Atlantic and Bering Strait could emerge. Even if such routes are available only in the warmer months, they could bring substantial logistics savings over routes through the Suez and Panama Canals, offering cost benefits for industries and consumers, and global environmental benefits from reduced fuel consumption and associated greenhouse gas emissions. It’s no wonder the world’s interest in the Arctic is so keen.

Fouad Bendris's insight:

The Arctic region will require novel, cooperative solutions to overcome these challenges to sustainable economic development. The time to act is now: The resources locked in the Arctic could shift the balance of energy supply and demand in the world in important ways...

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Blur is the Enemy of a Well-Lived Life

Blur is the Enemy of a Well-Lived Life | Management - Innovation -Technology and beyond | Scoop.it

In the northern hemisphere, it is summer, which means a time of vacations, getting together with friends, and taking a little time off. But are you really taking any time off? There’s a time to plug in to technology and a time to unplug. Are you unplugging on your down time? In fact, are any of us ever unplugged? It wasn’t that long ago that people left their laptops behind when they went out for dinner or to visit friends. But today we have our computers with us 24/7 in the form of smart phones and tablets. No one can deny that today’s technology is fun. It’s loaded with eye candy, which is an addiction. It’s loaded with social media, which is an addiction. It’s loaded with text messaging, which is an addiction. It’s loaded with incoming calls, maybe even incoming video calls, which is an addiction !

Fouad Bendris's insight:

Leitmotiv one - We need to be modeling and teaching these kinds of things to the young and old alike. So let’s get real about when it’s appropriate to plug in and when it’s time to unplug. Otherwise, our life is just a blur that is constantly driven by our machines and our tools ...

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The Bad Idea Tax !

The Bad Idea Tax ! | Management - Innovation -Technology and beyond | Scoop.it

In the software development world, there is an important concept called “technical debt.” Basically, it’s a metaphor developed by Ward Cunningham (inventor of the wiki) and it goes something like this. You’re building a piece of software. It could be a full system or just part of a system. You know there are two ways to approach the development; the quick way or the “right” way. But you’re facing some time pressure to deliver so you choose the quick way. You know there are best practices and other things you should and must do but you choose not to do them now because of the time pressure. By choosing the quick way you choose to accumulate some technical debt

Fouad Bendris's insight:

The smartest companies are shifting their ad spend to innovation spend.” So, “If you’re considering spending a bunch of money on marketing or social media, why not start by developing a game-changing idea first and marketing it second?”

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This $3,300 Wooden Bike Will Set Your Cash on Fire !

This $3,300 Wooden Bike Will Set Your Cash on Fire ! | Management - Innovation -Technology and beyond | Scoop.it
Thierry Boltz and Claude Saos are industrial designers, sure, but they’re also helpless, all-consumed bike nuts, and when they set out to build a two-wheeler of their own, they had one main aim: to make something that they’d personally love to ride.
Fouad Bendris's insight:

About the price, the designers point out that some people can’t resist splurging on beautiful car. For them, it’s the same thing, just with two wheels and a handlebar. And while the appeal of the WOOD.b might have to do with its “incredible vintage look,” in Saos’s words, or “the feeling of riding and incredible object,” it also has to do, he says, with the simple fact that you’ve “never seen another bike like this one ... 

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How to Conquer NYC, In 9 Clever Drawings !

Pyle uses sites like Reddit as a virtual editor that will give him an unbiased opinion of his work in progress. The artist says he gets his designs to about 80 percent complete and then he uploads them to the social site, that way his concept is clear, but he hasn’t invested too much time in something that might not be of interest to anyone other than himself. “As a lot of artists do, I experience this frustration of spending a lot of time on something and it doesn’t go anywhere,” he says !

Fouad Bendris's insight:

A recent post depicted a super simplified map of the Union Square subway station (“people love maps,” he notes). This led to an interaction with a fan who proceeded to fill him in on the state of Union Square restrooms. “I had a terrific conversation about all the bathrooms in Union Square,” he said. “They actually gave really specific, startlingly specific, notes about the bathrooms.”

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