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Strategy & Governance
Take a seat in the marvellous world of Strategy and understand the complex Governance around it !
Curated by Fouad Bendris
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Time to escape from Business ... and take vacations !

Time to escape from Business ... and take vacations ! | Strategy & Governance | Scoop.it
Fouad Bendris's insight:

Be careful - Old habits die hard ;() 

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When Competition is Hard !

When Competition is Hard ! | Strategy & Governance | Scoop.it
Fouad Bendris's insight:

... You must be Agile and adapt recruitment to the situation ;() 

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Deals That Win ...

Deals That Win ... | Strategy & Governance | Scoop.it

Twelve years of data shows that mergers and acquisitions that apply or enhance capabilities produce superior returns. This is the main lesson that emerges from Strategy&’s most recent study on the role of capabilities in M&A success. When we examined 540 major global deals in nine industries announced between 2001 and 2012, we found that deals that leveraged the buyer’s key capabilities or helped it acquire new ones produced significantly better results, on average, than local stock market indexes in the two years following the deal. And they produced better results than deals done with other rationales in mind ...  

 

Fouad Bendris's insight:

Focusing on targets that leverage one’s key capabilities provides the greatest chance of M&A success !

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The Future of Management Is Teal !

The Future of Management  Is Teal ! | Strategy & Governance | Scoop.it

Many people sense that the way organizations are run today has been stretched to its limits. In survey after survey, businesspeople make it clear that in their view, companies are places of dread and drudgery, not passion or purpose. Organizational disillusionment afflicts government agencies, nonprofits, schools, and hospitals just as much. Further, it applies not just to the powerless at the bottom of the hierarchy. Behind a facade of success, many top leaders are tired of the power games and infighting; despite their desperately overloaded schedules, they feel a vague sense of emptiness ... 

Fouad Bendris's insight:

Organizations are ready for their next evolutionary step:

A step toward self-management, wholeness, and a new sense of purpose !

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The Happiness Backlash

The Happiness Backlash | Strategy & Governance | Scoop.it

Nothing depresses me more than reading about happiness. Why? Because there’s entirely too much advice out there about how to achieve it. As Frédéric Lenoir points out inHappiness: A Philosopher’s Guide (recently translated from its original French), great thinkers have been discussing this topic for more than 2,000 years. But opinions on it still differ. What makes us happy? Health, money, social connection, purpose, “flow,” generosity, gratitude, inner peace, positive thinking… Research shows that any (or all?) of the above answers are correct. Social scientists tell us that even the simplest of tricks—counting our blessings, meditating for 10 minutes a day, forcing smiles—can push us into a happier state of mind.

Fouad Bendris's insight:

Investigating the seemingly universal insistence on feeling good !

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Salary raise period and no inspiration !

Salary raise period and no inspiration ! | Strategy & Governance | Scoop.it
Fouad Bendris's insight:

... Actually - The best alibi ever used  ;() 

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Health & Predictive Science vs Business & Sales Science !

Health & Predictive Science vs Business & Sales Science ! | Strategy & Governance | Scoop.it
Fouad Bendris's insight:

No matter bad situations !

Mercantile people will always find good reason for Business ;() 

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Simplify Your Analytics Strategy

Simplify Your Analytics Strategy | Strategy & Governance | Scoop.it

While the interests in analytics and resulting benefits are increasing by the day, some businesses are challenged by the complexity and confusion that analytics can generate. Companies can get stuck trying to analyze all that’s possible and all that they could do through analytics, when they should be taking that next step of recognizing what’s important and what they should be doing — for their customers, stakeholders, and employees. Discovering real business opportunities and achieving desired outcomes can be elusive ...

Fouad Bendris's insight:

Techniques for discovering business opportunities in the data ;()

Accelerate the data: Fast data = fast insight = fast outcomes !

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Overcoming obstacles to effective scenario planning | McKinsey & Company

Overcoming obstacles to effective scenario planning | McKinsey & Company | Strategy & Governance | Scoop.it

When scenario planning has worked well, it has proved enormously useful to a wide range of organizations as a tool for making decisions under uncertainty. First popularized by Shell in the early 1970s, the approach should be a natural complement to other ways of developing strategy—especially when executives are as concerned about geopolitical dynamics as many are today. It would probably be more widely used if it hadn’t been such a disappointment to many executives. In fact, 40 percent of those we surveyed in 2013 described it as having little effectiveness !

 
Fouad Bendris's insight:
Beware giving too much weight to unlikely events: Probability neglectCounter assumptions that the future will look just like the past: Stability biasCombat overconfidence and excessive optimism ...

 

 
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The complex World of Diplomacy !

The complex World of Diplomacy ! | Strategy & Governance | Scoop.it
Fouad Bendris's insight:

Diplomacy is more than saying or doing the right things at the right time, it is avoiding saying or doing the wrong things at any time ;() 

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Changing the World – Step Two ...

Changing the World – Step Two ... | Strategy & Governance | Scoop.it

Are you and your organization ready for change? Too often organizations define the change effort they want to pursue without first identifying whether there are people, resources, legislation, etc. present that must be in place before the change effort can begin. We will explore the circumstances you may want to explore before beginning any change effort and the areas to explore as potential prerequisites to the change program and its eventual success !

Fouad Bendris's insight:

You will notice that within the PSYCHOLOGY box there is a common focus on the mindsets, attitudes, beliefs and expectations of the individuals ... 

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How Successful People Handle Stress

How Successful People Handle Stress | Strategy & Governance | Scoop.it
There are two kinds of people in this world: those who believe they can make things happen and those who believe things happen to them. The first group are convinced that the outcome of their lives and careers is more or less in their own hands, and they wouldn’t have it [...]
Fouad Bendris's insight:

A big step in managing anxiety involves stopping negative self-talk in its tracks. The more you ruminate on negative thoughts, the more power you give them. Most of our negative thoughts are just that—thoughts, not facts !

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10 startups that are disrupting healthcare IT

10 startups that are disrupting healthcare IT | Strategy & Governance | Scoop.it
Trailblazing into the healthcare marketplace, these 10 tech startups are bridging the gap between healthcare and technology to build a better, safer and more inclusive healthcare experience.
Fouad Bendris's insight:

With healthcare records moving online, and more people -- including doctors -- expecting mobile solutions, it seems only natural that startups are emerging to help users visit the doctor remotely, track their medicine regime or get a diagnosis from a doctor thousands of miles away !

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The evolving meaning of the 'I' in CIO

The evolving meaning of the 'I' in CIO | Strategy & Governance | Scoop.it

As Ginna Raahauge, a veteran of Riverbed and Cisco, steps into the CIO position at data integration software specialist Informatica, she reflects on the changing responsibilities of the CIO. The average tenure of CIOs has reached 5.8 years, according to CIO's 2015 State of the CIO study, but CIOs are still known for moving around a fair bit. When CIOs transition from one company to another, it's a great time to look into the future, reflect on the past and consider how the CIO's role is changing ... 

Fouad Bendris's insight:

Beyond the technology, CIOs need to keep an eye on people if they're to survive and thrive in the shifting IT landscape. That means paying special attention to acquiring and developing talent !

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Could Data Science Have Prevented The Greek Crisis?

Could Data Science Have Prevented The Greek Crisis? | Strategy & Governance | Scoop.it
Data science could have helped reveal the dubious economic figures submitted by Greece to the EU. Might that have prevented the current Greek crisis?
Fouad Bendris's insight:

Using Benford's Law may have revealed the problems earlier and more publicly, but Greece's entry into the Euro was ultimately the result of political decisions rather than economic theory !

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Meditation @ Work or Nap excuse !

Meditation @ Work or  Nap excuse ! | Strategy & Governance | Scoop.it
Fouad Bendris's insight:

Even good advice from best Leaders doesn't help with uninitiated Management - For the sake of enterprises ... Meditation should be mandatory ;() 

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What Every Manager Should Know About Machine Learning !

What Every Manager Should Know About Machine Learning ! | Strategy & Governance | Scoop.it

Machine learning has tremendous potential to transform companies, but in practice it’s mostly far more mundane than robot drivers and chefs. Think of it simply as a branch of statistics, designed for a world of big data. Executives who want to get the most out of their companies’ data should understand what it is, what it can do, and what to watch out for when using it ... 

Fouad Bendris's insight:

- Not just big data, but wide data 

- Predictions, not causality

- Separating the signal from the noise

- Feature extraction

- Regularization

- Cross-validation

and finally ...

- Mistakes to avoid when using machine learning !


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The Data-Driven Optimist

The Data-Driven Optimist | Strategy & Governance | Scoop.it

In the year that Jesus of Nazareth was crucified, when Rome controlled about 25 percent of the world’s population, global GDP per capita was the equivalent of US$463 in 1990. Roughly one thousand years later, around the time of the Norman conquest of England, global GDP per capita actually had decreased by a little more than $10. And about 500 years hence, when Columbus arrived in America, the world’s GDP had ticked up a mere 25 percent. In fact, it wasn’t until 1800 that GDP per capita finally topped $600. These data points suggest that for nearly 2,000 years — and presumably, researchers say, untold millennia before that — the global economy was staggeringly inert !

Fouad Bendris's insight:

“One lesson from the empirical research that shows varied levels of inequality in different countries is that we can do something about it,” - We’ve forgotten how much of a luxury it used to be to see and read at night ... 

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A Guide to Winning Support for Your New Idea or Project !

A Guide to Winning Support for Your New Idea or Project ! | Strategy & Governance | Scoop.it

You’ve got an idea for something that will improve your company’s bottom line or make it a better place to work. Nice going. Now for the hard part: How do you get people on board? How do you get funding? And what should you do if your idea doesn’t catch on?

Fouad Bendris's insight:

Persistence is key !

You need to care about the idea, not getting credit for the idea !

Think about what’s good for all not just what will let you shine. Trust the universe,  that you will get credit when it’s due ... 

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Michel CEZON's curator insight, June 25, 5:50 AM

Great idea but most of all great people behind!

Ability to promote and evolve your idea is key :-)

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Big Data And The Buyer's Journey: Measuring The Invisible

Big Data And The Buyer's Journey: Measuring The Invisible | Strategy & Governance | Scoop.it
Getting a handle on customer service is a challenge for most businesses. To make matters worse, rapidly changing technology makes customer satisfaction a moving target. Just for the record, the buyer’s journey has changed. The same things that used to motivate buyers previously have no impact on them now. Big [...]
Fouad Bendris's insight:

Big data can be a big help in understanding how your company has crafted your buyers’ journey. The best part of using big data for such functions is that it takes the guesswork out of the equation so you know for sure what your customers enjoy about your brand and what they don’t ... 

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Leader vs. Follower ...

Leader vs. Follower ... | Strategy & Governance | Scoop.it
Fouad Bendris's insight:

" He who cannot be a good Follower... cannot be a good Leader - Aristotle " ;()

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Improve Your Ability to Learn

Improve Your Ability to Learn | Strategy & Governance | Scoop.it

Learning agility, by contrast, has until recently been hard to measure and hard to define. It depends on related qualities such as emotional intelligence that are only just beginning to really be valued. It also relates to behaviors – such as the ability to recover from and capitalize on failure – that some managers would prefer not to think about.

Fouad Bendris's insight:
Cultivating Your Own Learning Agility – and Coaching It in Others ! 
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The Internet of Things Is Changing How We Manage Customer Relationships !

The Internet of Things Is Changing How We Manage Customer Relationships ! | Strategy & Governance | Scoop.it

But now that Big Data and the Internet of Things have come along, we can go beyond the transaction to every little detail of the customer’s actual experience. You can know when customers enter your store, how long they are there, what products they look at, and for how long. When they buy something, you can know how long that item had been on the shelf and whether that shelf is in an area of things that usually sell fast or slowly !

Fouad Bendris's insight:
With every passing day there are more examples of Internet of Things adoption. And with every passing adoption, what people will accept (giving up things like their location information) and what they expect (“If Waze can help me with my driving, why can’t my grocery store tell me the fastest way to get through my grocery list?”) both change ...
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Patrice Meilland's curator insight, June 6, 8:27 AM

Great for business, scary for individuals' privacy !

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How Farmers Can Use Data to Push Back Against Big Ag !

How Farmers Can Use Data to Push Back Against Big Ag ! | Strategy & Governance | Scoop.it

Today, Farmers Business Network is announcing a $15 million round of funding led by Google Ventures. According to Andy Wheeler, a partner at the search giant’s investment arm, data is becoming ever more important to agriculture. That’s one reason why the firm also invested in a company called Climate Corporation, which uses weather data to provide insurance to farmers and eventually was acquired by Monsanto.

Fouad Bendris's insight:

For decades, farmers have had to rely on seed companies for information about how well their seeds grow. This Google-backed startup is helping farmers share that data with each other ... 

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When Tortoises Try To Fly ;()

When Tortoises Try To Fly ;() | Strategy & Governance | Scoop.it

Visionary and impatient leaders at large companies want to win fast—just like entrepreneurs seem to be able to do.

Many of these big company CEOs have quarterly earnings to report, which just adds fuel to their fire. As a self-proclaimed Idea Monkey, I get it - I really do. But impatient leaders striving to be more innovative must learn that speed and cleverness will not win you the new products race. Instead, it will cost you millions of dollars, your job and sometimes your company !

Fouad Bendris's insight:

We’ve all heard some version of the hare and the tortoise fable that passes on this simple message: Pragmatic plodding wins the race. Unfortunately, this lesson seems to be lost in companies trying to innovate today. The “need for speed” seems to be trumping common sense ... 

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