Strategic Blindspots
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Strategic Blindspots
The Knowledge to Act, not React
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Rescooped by Estelle Metayer from Pharma Biotech Industry Review (Krishan Maggon)
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Can Gilead, Amgen and Shire Drive M&A Deals to Record Levels in 2016

Can Gilead, Amgen and Shire Drive M&A Deals to Record Levels in 2016 | Strategic Blindspots | Scoop.it
Bidness Etc takes a closer look at the possible M&A deals in the pharmaceutical industry, and if the consolidation frenzy could pick up again this year.

Via Krishan Maggon
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Mihe Gaomab II's curator insight, October 3, 2016 6:05 PM
Namibia has grown at an inconsistent but stable trajectory for the last 25 years since independence. It has shown growth rate levels ranging from three to six percent on account of basic minerals production and exports such as minerals, fishing and agricultural produce.

Although commendable strides were made to ensure such growth in terms of added value to the country’s need for economic stability and developmental needs, the growth has sadly not trickled down to ensure increased employment and reduced absolute poverty alleviation in Namibia. There is however proven statistics that indicate that relative poverty as compared to absolute poverty has reduced somewhat in Namibia but income inequality is still pervasive and protracted. 

The President of Namibia, Dr Hage Geingob, aptly indicated in his quest for inclusivity that “No Namibian must be left out” in political and socio-economic developmental priorities.

This presidential aspirations and economically necessary and developmentally focused vision is borne out of the fact that the economic resurgence in Namibia since independence has not been broadly shared. Instead, economic growth has been concentrated in particular islands of primary sectors with abject poverty and income inequality. What is discontenting in Namibia is that the economy is structured in such a fashion that it is still and does exclude large sections of the people.

There is therefore a need to ensure a dedicated and focussed economic paradigm to ensure economic inclusion. To lift the majority of Namibians out of poverty and to aid in reduced income inequality, growth must be more inclusive especially if Namibia wants to broaden and enhance its small-sized middle class between the “haves” and the “have nots”.

This requires creating income and employment access, pathways, channels and opportunities through a better commercial and business environment as well as the investment climate that enables the public and private sector to thrive.

More importantly, the government needs to take a proactive lead in fostering inclusive growth enhancing policies within its future National Development Plans to ensure economically inclusive driven outcomes.

It’s encouraging that Prime Minister Saara Kuugongelwa-Amadhila stated recently that the New Equitable Economic Empowerment Framework (NEEEF) is being realised into legislation by September 2015 that would set the stage for economic empowerment of Namibians in its broad entirety. NEEEF currently in its form is broad, inclusive, time consistent, focussed, and well targeted.

Although such a policy and legislative dimensions are indeed commendable in Namibia, there are wide-stream efforts needed to ensure policy directed interventions on sector, regional and national basis.

There is need to ensure adequate housing provision as asset ownership formation and that commendable strides are made positively in that direction.

There is need to effect procurement rules that would be preferential towards local Namibians and Namibian-owned SMEs.

There is need for the Foreign Investment Act to be reserved as Government strives to reserve poverty sensitive sectors such as hair salons, taxis, street vendor selling, to Namibians. There is need to beef up infrastructure provision in terms of agricultural modernisation, mineral beneficiation, adequate energy supply, logistics and renewable technologies in especially remote areas which needs more grid connection and ease and increased digital technology such as electronic banking in unbanked areas.

Achieving inclusive growth will also be cemented by effective transformation of Namibia’s primary produce such as agro-business products into value addition products through industrialisation and SME development.

There is also an outcry to ensure that the Namibian people who have a natural human capital base are educated and trained with requisite skills with a guaranteed access to health and sanitation within a pro-poor policy friendly environment.

Economic inclusion thus calls for a prudent, effective, and sustainable management of policies that are not only pro-growth but pro-poor and pro-inclusive for the benefit of all Namibians. Namibia is on the right path of inclusivity where no Namibian is left out towards empowerment for the next 15 years into the visionary year of 2030.

• Mihe Gaomab II is the president of the Namibian Economic Society.
Rescooped by Estelle Metayer from The Future of Banking
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What’s your bank’s future look like? - Banking Exchange

What’s your bank’s future look like? - Banking Exchange | Strategic Blindspots | Scoop.it

Banks have a double challenge, says Ed O'Leary: coping with a changing business model and getting over reputation issues.


Via Jorge Barba
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Jorge Barba's curator insight, November 20, 2014 1:32 PM
The global obesity epidemic now costs the world economy more than alcoholism or climate change, study says.
Rescooped by Estelle Metayer from Knowmads, Infocology of the future
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How To See The Future

Understand that our present time is the furthest thing from banality. Reality as we know it is exploding with novelty every day. Not all of it’s good. It’s a strange and not entirely comfortable time to be alive. But I want you to feel the future as present in the room. I want you to understand, before you start the day here, that the invisible thing in the room is the felt presence of living in future time, not in the years behind us.

To be a futurist, in pursuit of improving reality, is not to have your face continually turned upstream, waiting for the future to come. To improve reality is to clearly see where you are, and then wonder how to make that better.

Act like you live in the Science Fiction Condition. Act like you can do magic and hold séances for the future and build a brightness control for the sky.

Act like you live in a place where you could walk into space if you wanted. Think big. And then make it better.


Via Wildcat2030
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Scooped by Estelle Metayer
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The 12 cognitive biases that prevent you from being rational

The 12 cognitive biases that prevent you from being rational | Strategic Blindspots | Scoop.it

we're subject to cognitive biases, those annoying glitches in our thinking that cause us to make questionable decisions and reach erroneous conclusions. Here are a dozen of the most common and pernicious cognitive biases that you need to know about. 

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Rescooped by Estelle Metayer from The Science Communicator
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Why we have blind spots

You probably didn't realize that your eyes have a blind spot, watch this video and try the excercise. This video offers a great, easy to understand explanation of how our eyes process images. The last excercise will let you see the network of capillaries in your eye, amazing!


Via Nikki Kapp
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Rescooped by Estelle Metayer from Cloud & Bigdata Watching
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Advanced Data Analytics-find the blind spots to keep your customers loyal for longer.

Advanced Data Analytics-find the blind spots to keep your customers loyal for longer. | Strategic Blindspots | Scoop.it

#africa12 big data is a hot topic. the analytics is complex.


Via Wonil Lee Ph.D.
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Rescooped by Estelle Metayer from Strategic Blindspots
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The case for behavioral strategy - McKinsey Quarterly - Strategy - Strategic Thinking

The case for behavioral strategy - McKinsey Quarterly - Strategy - Strategic Thinking | Strategic Blindspots | Scoop.it

Left unchecked, subconscious biases will undermine strategic decision making. Here’s how to counter them and improve corporate performance. A Strategy article by McKinsey Quarterly.

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Rescooped by Estelle Metayer from Strategic Blindspots
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A Wandering Mind Reveals Mental Processes and Priorities

A Wandering Mind Reveals Mental Processes and Priorities | Strategic Blindspots | Scoop.it
Odds are, you’re not going to make it all the way through this article without thinking about something else. In fact, studies have found that our minds are wandering half the time, drifting ...

Via Olivia Murray, Estelle Metayer
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Rescooped by Estelle Metayer from The Eclectic Researcher
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A Visual Study Guide to Cognitive Biases

A Visual Study Guide to Cognitive Biases - Free download as PDF File (.pdf) or view presentation slides online.

Via Rachel Lovie
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Rescooped by Estelle Metayer from Co-op Articles
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A Wandering Mind Reveals Mental Processes and Priorities

A Wandering Mind Reveals Mental Processes and Priorities | Strategic Blindspots | Scoop.it
Odds are, you’re not going to make it all the way through this article without thinking about something else. In fact, studies have found that our minds are wandering half the time, drifting ...

Via Olivia Murray
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Scooped by Estelle Metayer
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Taking the bias out of meetings - McKinsey Quarterly - Strategy - Strategic Thinking

Taking the bias out of meetings - McKinsey Quarterly - Strategy - Strategic Thinking | Strategic Blindspots | Scoop.it
Managing bias effectively can help lessen the impact it has on your company’s strategy. A Strategy article by McKinsey Quarterly.
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Scooped by Estelle Metayer
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Decision Making

Decision Making | Strategic Blindspots | Scoop.it
The ‘correctness’ of some of the most researched, analyzed and logical decisions will ditch us as soon as the set of circumstances surrounding them change. Decisions are at the most your best guess. And I think a correct decision is just a lucky guess!
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Scooped by Estelle Metayer
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Strategic trends and implications of new technology - Brookings institute

In the future, autonomous vehicles will be the prevailing mode of transportation. As a result, there will be widespread unemployment within the taxi and trucking industries, legal issues regarding accidents and liability, regulatory issues relating to GPS and telemetric data generated by vehicles, and a fundamental shift in the concept of “public transit.” Additionally, the explosion of the consumer-to-consumer economy—e.g., Uber, TaskRabbit, and Airbnb—will continue to create legal and ethical challenges. In order to be a relevant and critical player in the future, local governments will need to rethink their design, strategy, operations, and processes in fundamental ways. We assert that changes on the not-too-distant horizon will require local governments to be agile, nimble, and dynamic. Governments must contend with an increase in the diversity of stakeholders, limited

capacity to predict the future, and an erosion of governing authority

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Rescooped by Estelle Metayer from leapmind
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Vivek Wadhwa: Get Ready for The Next Wave of Tech Disruptions

Vivek Wadhwa: Get Ready for The Next Wave of Tech Disruptions | Strategic Blindspots | Scoop.it

Vivek Wadhwa predicts that virtually every major industry will soon be disrupted by technology innovation. His latest book is Innovating Women: The Changing Face of Technology.


Via LeapMind
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Rescooped by Estelle Metayer from Paleofuture
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The Future Is Now: What We Imagined for 2013 — 10 Years Ago | Gadget Lab | Wired.com

The Future Is Now: What We Imagined for 2013 — 10 Years Ago | Gadget Lab | Wired.com | Strategic Blindspots | Scoop.it
Ten years ago, we boldly declared that we'd be living with phones on our wrists, data-driven goggles on our eyes and gadgets that would safety-test our food for us. Turns out, we were remarkably prescient.

Via Gloria Alvarez
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Gloria Alvarez's curator insight, January 8, 2013 12:21 PM

2013 Prediction in tech done in 2003 via @wired

FutureCast's curator insight, February 16, 2013 1:09 PM

Indeed...

Scooped by Estelle Metayer
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How to Find New Competitive Knowledge in Social Media

How to Find New Competitive Knowledge in Social Media | Strategic Blindspots | Scoop.it
Buzz used to be an intangible — something you just felt. No longer.
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Rescooped by Estelle Metayer from #BetterLeadership
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The Five Top Leadership Blind Spots

The Five Top Leadership Blind Spots | Strategic Blindspots | Scoop.it

An interesting pattern begins to emerge when you look at which issues leaders seem to struggle with clearly identifying as areas of weakness or risk within their organization.

 

Consider them Blind Spots – those unseen things that create danger that we don’t react to until too late. Excelling at never being blind to these issues will clearly make the difference between being average and being great in your career.


Via donhornsby, Jose Luis Anzizar, AlGonzalezinfo
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Rescooped by Estelle Metayer from HR Transformation
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Removing HR Blind Spots

Removing HR Blind Spots | Strategic Blindspots | Scoop.it

Many HR departments develop dashboards that report against historically relevant data such as absenteeism, churn and employee satisfaction.  These vital signs may not, however, flag the issue currently lurking in our blind spot.


Via Andrew Spence
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Rescooped by Estelle Metayer from Strategic Blindspots
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Taking the bias out of meetings - McKinsey Quarterly - Strategy - Strategic Thinking

Taking the bias out of meetings - McKinsey Quarterly - Strategy - Strategic Thinking | Strategic Blindspots | Scoop.it

Managing bias effectively can help lessen the impact it has on your company’s strategy. A Strategy article by McKinsey Quarterly.

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Rescooped by Estelle Metayer from Artificial Intelligence
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To Become Better Thinkers – Study Our Cognitive Biases and Logical Fallacies

To Become Better Thinkers – Study Our Cognitive Biases and Logical Fallacies | Strategic Blindspots | Scoop.it
Want to hear Spencer Greenberg, CEO of Rebellion Research Hedge Fund, talk about AI machine learning used to invest in the stock market?

Via RomanGodzich
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Scooped by Estelle Metayer
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Edge Perspectives with John Hagel: Cognitive Biases in Times of Uncertainty

Edge Perspectives with John Hagel: Cognitive Biases in Times of Uncertainty | Strategic Blindspots | Scoop.it

“Narratives shape perceptions in powerful ways. Opportunity based narratives have the potential to flip our natural risk/reward perceptions. Rather than magnifying risk and discounting rewards, opportunity based narratives help to make long-term rewards more tangible. As a result, they magnify our perception of the likelihood of those rewards while discounting the potential risks that might arise along the way in our quest to achieve those rewards. Well constructed narratives create a sense of inevitability by focusing on the fundamental forces that are shaping the opportunity. At the same time, narratives, in contrast to stories, invite participation and contributions by others to achieve the opportunities.

Think of the narrative that led to the growth of the United States. America was viewed as a land of unlimited opportunity. This perception motivated people to leave comfortable surroundings and make very dangerous journeys to a new land that presented enormous challenges in the short-term.

Fast forward to today. The rise of global digital technology infrastructures provides the foundation for some extraordinary opportunities for all of us to connect and create together in ways that were simply not feasible in the past.

But narratives alone are not sufficient. No matter how compelling they might be, if the day to day reality in the short-term doesn't in any way reflect the potential outlined in the narrative, people will have a hard time embracing the narrative.”

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The case for behavioral strategy - McKinsey Quarterly - Strategy - Strategic Thinking

The case for behavioral strategy - McKinsey Quarterly - Strategy - Strategic Thinking | Strategic Blindspots | Scoop.it
Left unchecked, subconscious biases will undermine strategic decision making. Here’s how to counter them and improve corporate performance. A Strategy article by McKinsey Quarterly.
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