Business Transfor...
Follow
Find
6.5K views | +62 today
Scooped by Karl Wabst
onto Business Transformation
Scoop.it!

I challenged hackers to investigate me and what they found out is chilling

I challenged hackers to investigate me and what they found out is chilling | Business Transformation | Scoop.it

I’m being hacked — and only have myself to blame.

Karl Wabst's insight:

This is an interesting read for anyone who accesses the Internet, or who does business with a company that does.

more...
No comment yet.
Business Transformation
Corporate Strategy in the Post Industrial, Digital Economy.
Curated by Karl Wabst
Your new post is loading...
Scooped by Karl Wabst
Scoop.it!

Rooting Out Hubris, Before a Fall

Rooting Out Hubris, Before a Fall | Business Transformation | Scoop.it

Had the Hare avoided hubris (and his famous nap while racing the tortoise), he would have handily trounced the tortoise, and moved on to signing autographs and giving press interviews. Pride did not just goeth before the fall; it actually caused the fall.

Karl Wabst's insight:

The workplace, marketplace and our personal lives change more quickly than ever. Being the Hare is more dangerous now than ever. Avoid the attitude and win the race.

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

Throw Future IT Leaders In Pool's Deep End - InformationWeek

Throw Future IT Leaders In Pool's Deep End - InformationWeek | Business Transformation | Scoop.it
Fewer IT pros are being thrown into leadership roles and challenged to just figure things out. That's a huge problem.
Karl Wabst's insight:

I learned a lot by getting thrown into the deep end. I was willing to lead.

 

Those experiences led to my involvement with Terrorism, Military Attacks, Weather Events, and a Stock Market Crash. It wasn’t all disasters. I merged business and IT by bringing products to market, worked with Start-ups, on JV, M&A, and Outsourcing. I worked across the US, in the EU and Asia.

 

If the calls I get from recruiters are any indication, finding new opportunities has become a word matching exercise rather than a search for potential leaders.

 

Companies now seem to look only for people who already held a certain title or have 50 years’ experience with some obscure technology. This is how you find Managers, not Leaders.

 

Thank goodness this wasn’t always the case. The question I have is how do we turn this battleship around?

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

Social media evangelist clashes with Oracle culture

Social media evangelist clashes with Oracle culture | Business Transformation | Scoop.it

Spend just five minutes with Jill Rowley and you will know that her tenure at Oracle Corp. was doomed from the start. Gleefully extroverted, Rowley likes to speak - no, shout - her inner monologue even when she knows better.

Karl Wabst's insight:

Oracle asked her to teach its sales reps how to use their social media accounts to sell its products. They made it her full time job.

 

Oracle may have been thinking evolution while Ms. Rowley was thinking transformation. The end goal may have been the same but the speeds the parties thought in conflicted.

 

This was a massive change initiative. The problems were predictable and preventable.

 

What went wrong? Here are some resources to help the change leaders out there.

 

Avoid 8 common leadership errors in organizational change efforts.

http://www.1000ventures.com/info/change_fails_jk_brief.html

 

Leading Change: Why Transformation Efforts Fail

http://hbr.org/2007/01/leading-change-why-transformation-efforts-fail/ar/1

 

10 Common Leadership and Management Mistakes - Avoiding Universal Pitfalls.

http://www.mindtools.com/pages/article/leadership-mistakes.htm

 

Advertising Age interview with Jill Rowley:

Oracle Puts Its Employees' Personal Social Media Accounts to Work - Software Giant Giving Social B2B Selling a Real Shot

http://adage.com/article/btob/oracle-puts-employees-social-media-accounts-work/291551/

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

Hold That Tweet! Building Loyal Customers in the Information Age - K@W

Hold That Tweet! Building Loyal Customers in the Information Age - K@W | Business Transformation | Scoop.it

While the digital age has changed the rules of marketing, a panel of experts at the recent Wharton Marketing Conference suggests that the most effective outreach, even for international brands, centers on personal connections rather than random tweets or texts.

Karl Wabst's insight:

Just knowing a lot about someone doesn’t mean you have a relationship. You want to make it personal.

 

Collecting massive amounts of data just to target a sale can make customers feel like you're rummaging through their trash bins.

 

Blurting out random facts is not the best path to your intended’s heart. That’s creepy!

 

People want to feel wooed. We all have suitors appealing to our head and wallets every day.

 

First you have to build trust. Trust means I will go out of my way to do business with you, not just for a deal.

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

Companies Say No to Having an HR Department

Companies Say No to Having an HR Department | Business Transformation | Scoop.it
Companies pursuing flat management structures and more accountability for employees are deciding to do without a traditional human-resources department, finding other ways to manage hiring, firing and benefits.
Karl Wabst's insight:

Managers and employees are being left to figure it out for themselves. In a perfect world there will be no pesky employees to drain the bottom line.

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

Five simple exercises can help you Lead at your best | McKinsey & Company

Five simple exercises can help you Lead at your best | McKinsey & Company | Business Transformation | Scoop.it

We won’t reach our potential as leaders by looking only at what is visible. We need to see what’s underneath to understand how remarkable leaders lead—and that begins with mind-sets.

Karl Wabst's insight:

How we think influences our behaviors and ability to change ourselves and to lead others.

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

Crayon Pop's 'Uh-ee' Banned for Shiny Japanese Word - Korea Real Time - WSJ

Crayon Pop's 'Uh-ee' Banned for Shiny Japanese Word - Korea Real Time - WSJ | Business Transformation | Scoop.it

What’s wrong with using a foreign word in a song? Well, nothing unless it’s Japanese, which still upsets some officials who haven’t gotten over the nation’s colonization by Japan. That ended almost 70 years ago.

Karl Wabst's insight:

For anyone who thinks that culture has a short memory. Be aware if you plan to do business outside of your own culture.

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

10 Body Language Tips Every Speaker Must Know (Infographic)

10 Body Language Tips Every Speaker Must Know (Infographic) | Business Transformation | Scoop.it
When delivering a presentation before an audience, our words aren't the only thing people pay attention to. Consider this advice for making better eye...
more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

Facebook’s Dwindling Reach: Stop Whining, Think Differently

Facebook’s Dwindling Reach: Stop Whining, Think Differently | Business Transformation | Scoop.it

It’s not personal, it’s just business. And the fact that so many didn’t see this coming isn’t really Facebook’s fault – when it’s free, you are the product. And for a very long time, all of us were quite happy enjoying the “free” aspect of Facebook, without ever thinking about what that really meant.

Karl Wabst's insight:

Good points. Social isn't about technology. It's a business asset. Hire social media and IT experts who have business experience. Integrate IT and the business. Pay for business classes if you must. Cross-train IT in Marketing. Find ways to produce and measure value past just having a presence on social media.

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

7 Simple Steps To Reduce Complexity

7 Simple Steps To Reduce Complexity | Business Transformation | Scoop.it

Managers need to develop simplification as a core leadership capability and a critical component of the business strategy. Hopefully these steps will help you get started.

Karl Wabst's insight:

Spring is a great time to clean out the corporate clutter.

more...
Rapid Formations's curator insight, April 2, 4:17 AM

Great article here on de-cluttering work processes and improving productivity.

Emeric Nectoux's curator insight, April 6, 5:05 AM

This article deals with the following dilemma: once we agreed on complexity being a problem, how to find the time and inner resources to solve this problem?

Managers need to develop simplification as a core leadership capability and a critical component of the business strategy.


Hopefully this article give some steps to help you to get started.

Scooped by Karl Wabst
Scoop.it!

Change leader, change thyself | McKinsey & Company

Change leader, change thyself | McKinsey & Company | Business Transformation | Scoop.it
Anyone who pulls the organization in new directions must look inward as well as outward. A McKinsey Quarterly article.
Karl Wabst's insight:

Focus on business outcomes and miss the adaptation necessary for people to achieve those goals. Focus on classroom training and miss the awareness and desire that drives people to put what they learn to use. 2 reasons most change initiatives fail.

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

Younger worker traits affect business growth - ABA Banking Journal

Younger worker traits affect business growth - ABA Banking Journal | Business Transformation | Scoop.it

“Millennials are reshaping the talent markets with new expectations; new technologies are changing work in countless ways; and we are more frequently competing and racing with machines for knowledge work. The findings of our global survey reveal that a majority of global organizations are not prepared to deal with these trends that are reshaping the workforce.”

Karl Wabst's insight:

We need more leaders. We need a new vision. Globally, companies are busy just trying to keep the wheels on. There's too much focus on managing current tasks, cutting costs and maintaining current state.

more...
Jacqui Hogan's curator insight, March 27, 5:49 AM

If we think we can manage younger workers in the same way we are doing now, we are deluding ourselves. Old style command and control management will not work - we need a new style of management that is based on trust, facilitative management and ecollaboration.

Scooped by Karl Wabst
Scoop.it!

Confessions of a Data Broker

Confessions of a Data Broker | Business Transformation | Scoop.it
Not long ago, data brokers—companies that compile databases of consumer information and then sell them to marketers—toiled in the shadows of media and advertising, seen as largely responsible for those piles of junk mail.
Karl Wabst's insight:

The real question would seem to center around trust. Most people have a hard time defining privacy.

 

If you choose to share things, assume someone is collecting it. Assume it will be stored and analyzed. Don't assume it is limited to social networks or your grocery cart.

 

Be skeptical. You are the problem, the solution; the customer and the product. You owe it to your family to become more data literate.

 

 

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

How to Manage Talented People by Not Bossing Them Around

How to Manage Talented People by Not Bossing Them Around | Business Transformation | Scoop.it
Getting rid of managers may seem like just another tech trend, but much of the skepticism around going “bossless” or flat is due to misleading terminology.
Karl Wabst's insight:

Will your company copy Zappos' example in organizational culture transformation?

 

More here

No Managers Required: How Zappos Ditched The Old Corporate Structure For Something New

http://sco.lt/7XJCSH

 

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

IT, Business Exec Gulf Widens, McKinsey Says - InformationWeek

IT, Business Exec Gulf Widens, McKinsey Says - InformationWeek | Business Transformation | Scoop.it

More and more executives are acknowledging the strategic value of IT to their businesses beyond merely cutting costs. But as they focus on and invest in the function’s ability to enable productivity, business efficiency, and product and service innovation, respondents are also homing in on the shortcomings many IT organizations suffer. Among the most substantial challenges are demonstrating effective leadership and finding, developing, and retaining IT talent.

Karl Wabst's insight:

I have worked on both Business and IT. My clients are large firms around the world.

 

You've got a big problem when IT and business are still thought of as separate.

 

Businesses should be using both technology, and all of their people, to engage customers. Anything less is a cultural disconnect.

 

There are risks being overlooked. Worse, there are likely a lot of missed opportunities.

 

The Board ought to get involved. Shareholders should not be forced to accept the risk of IT without realizing increased benefits.

 

IT under pressure: McKinsey Global Survey results

http://www.mckinsey.com/insights/business_technology/it_under_pressure_mckinsey_global_survey_results/

 

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

The Story of Microsoft's 'Bliss,' One of the Most Famous Photos Ever Taken

The Story of Microsoft's 'Bliss,' One of the Most Famous Photos Ever Taken | Business Transformation | Scoop.it

Microsoft wants to make sure you remember the famous image  of the blue sky and rolling pasture that graced so many computer screens for so long.

Karl Wabst's insight:

Looking back on this shot is like looking back on the history of Microsoft.

 

MS transformed this picture into an iconic background for its now defunct XP OS.

 

Ironically, the picture was captured on analogue film.

 

Wide open green pasture and blue sky. This was Microsoft’s view of the World back then. Bliss!

 

Today, there would be a little green robot, and maybe a penguin lurking.

 

Both are staring at a tablet and cell phone while a desktop PC sits waiting.

 

Now we wonder, "Can MS transform themselves for the 21st Century."

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

Wyndham Can't Shake FTC Data-Security Suit - Law360

Wyndham Can't Shake FTC Data-Security Suit - Law360 | Business Transformation | Scoop.it
A New Jersey federal judge on Monday refused to shut down the Federal Trade Commission’s closely watched data security suit against Wyndham Worldwide Corp., rejecting the hotel chain’s argument that the regulator had overstepped its statutory authority in bringing the action.
Karl Wabst's insight:

Section 5 of the FTC Act isn't about data security. The FTC has used this regulation to allege that inadequate data security/privacy  is a deceptive business practice. It contradicts promises made in corporate policies that the company will protect customer's data with "good," "adequate," or "reasonable" security measures.

 

The FTC and the New Common Law of Privacy

For more legal background about FTC privacy and data security enforcement, please see this article from Profs. Daniel Solove and Woodrow Hartzog. The article was published in Aug 2013. The final published version can be downloaded for free here:

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2312913

 

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

Security holes in power grid have federal officials scrambling

Security holes in power grid have federal officials scrambling | Business Transformation | Scoop.it

"There are a lot of people going through various stages of denial" about how easily terrorists could disrupt the power grid, he said. "If I could write a tool that does this, you can be sure a nation state or someone with more resources could."

Karl Wabst's insight:

Americans take infrastructure services for granted. Imagine the psychological and physical effects on your family and neighbors if the power grid was hacked (already happened).

 

Who and What could you trust if our electricity went on or off seemingly at random?

 

If this all seems too abstract, check out this  Twilight Zone episode - 

"The Monsters Are Due on Maple Street." The aliens are a metaphor. The Cold War plot may be dated, but fear and paranoia are timeless.

http://www.hulu.com/watch/440892.

 

Sniper attack on Silicon Valley power grid spurs security crusade by ex-regulator

http://sco.lt/6H3dWD

 

Cybersecurity for Smart Grid Systems

http://www.nist.gov/el/smartgrid/cybersg.cfm

 

NISTIR 7628 Guidelines for Smart Grid Cyber Security

http://www.nist.gov/smartgrid/upload/nistir-7628_total.pdf

 

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

Mozilla CEO Brendan Eich steps down after protests from gay-marriage supporters

Mozilla CEO Brendan Eich steps down after protests from gay-marriage supporters | Business Transformation | Scoop.it

Mozilla, the organization behind the FireFox web browser, said co-founder Brendan Eich has stepped down as chief executive after less than two weeks in the role because of mounting pressure from his support of California's anti-gay marriage ballot measure.

Karl Wabst's insight:

VUCA strikes again.

 

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

Why Is Cap'n Crunch Looking Down at My Child?

Why Is Cap'n Crunch Looking Down at My Child? | Business Transformation | Scoop.it

Is Cap'n Crunch staring at your kid in the grocery store? In a study of 65 cereals in 10 different grocery stores, Cornell University Food and Brand Lab researchers found that cereals marketed to kids are

Karl Wabst's insight:

Silly rabbit, Psychology and Marketing are a perfect combination!

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

Supreme Court versus Patent Law

Supreme Court versus Patent Law | Business Transformation | Scoop.it
For several decades, the U.S. Supreme Court only lightly touched on patent law issues. This hands-off approach allowed the Court of Appeals for the Federal Circuit to develop its particular patent
Karl Wabst's insight:

The Supremes have trouble with using email. I am left wondering if a body with a technology culture stuck in the 1960s can settle more disputes than it creates. Perhaps they will bring a new solution to the problem of patent trolls.

 

More:

 

Is There a Solution to the Software Patent Crisis?

http://sco.lt/7N0dA9

 

Elena Kagan: Supreme Court hasn't "gotten to" email

http://www.cbsnews.com/news/elena-kagan-supreme-court-hasnt-gotten-to-email/

 

'It Was Kind Of Hilarious': Kagan Says Supreme Court Justices Played Video Games For Research

http://talkingpointsmemo.com/livewire/it-was-kind-of-hilarious-kagan-says-supreme-court-justices-played-video-games-for-research

 

 

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

Applicant Tracking Systems | Bullhorn

Applicant Tracking Systems | Bullhorn | Business Transformation | Scoop.it
Applicant tracking systems are no longer a luxury, they’re an integral part of agency success. Learn more about how your firm can benefit and move faster with a leading ATS.
Karl Wabst's insight:

ATS' are a double-edged sword. Recruiters may harvest large numbers of resumes, but not refresh their databases. This creates a misconception of effective resource acquisition.

 

Some resumes in ATS' may be over 10 years old. Some are versions of candidate resumes that were highly customized for a particular job opening. Some are bought from resume brokers. The result is a candidate pool that is not current or lacks depth.

 

Collecting resumes is secondary to developing a relationship with candidates that you chose to represent your brand on job interviews. Yes, numbers matter.  However, without relationships and current resumes, you look like a body shop.

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

Fandango, Credit Karma Settle FTC Charges Over Data Security

Fandango, Credit Karma Settle FTC Charges Over Data Security | Business Transformation | Scoop.it
The FTC reached settlements with movie ticket seller Fandango and credit-monitoring service Credit Karma over mobile applications that failed to live up to promises that they would secure the personal information of customers.
Karl Wabst's insight:

Are a few bad merchants killing the mobile business golden goose? The real issue is trust. All the security money can buy doesn’t amount to much if customers don’t trust you.

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

Taking internal audits beyond compliance

Taking internal audits beyond compliance | Business Transformation | Scoop.it

In an effort to bring back the emphasis on the spirit, COSO recently decided to update their Internal Control Integrated Framework and move from a rule based approach to a principles based approach.

Karl Wabst's insight:

5 steps to success for internal audit under COSO 2013.

more...
No comment yet.
Scooped by Karl Wabst
Scoop.it!

Target Is Washington's Poster Child for Data Breach Debate

Target Is Washington's Poster Child for Data Breach Debate | Business Transformation | Scoop.it
Target is quickly becoming the poster child for Washington policymakers anxious to find a solution to curb the growing number of data breaches that steal and compromise the personal information of millions of consumers.  In advance of the Senate Commerce Committee's hearing on cyber attacks and data breaches, the committee released a sta
Karl Wabst's insight:

Target couldn't have been more aptly named.

more...
No comment yet.