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Are You Your Employees’ Worst Enemy?

Are You Your Employees’ Worst Enemy? | Strategy & Governance | Scoop.it

In almost all organizations, some leaders pave the way for their employees to do their best work, and others inadvertently make things much harder than they should be. Where do you fall on this continuum? Do you help or do you hinder? In all probability, it’s the latter. According to our research, your employees are more likely to view you as an obstacle to their effectiveness than as an enabler of it—and that holds true whether your organization is successful or stumbling !

Fouad Bendris's insight:

It can be challenging for individual leaders to get a clear picture of how they are hindering performance, especially when some of what they do is probably helping. Very few of us are pure helpers or hinderers. Asking the three guiding questions of yourself and other leaders is an important starting point. Using external facilitators to pose the questions to employee focus groups can also be particularly effective in identifying hindrance traps throughout organizations ...

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Strategy & Governance
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Curated by Fouad Bendris
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Here's the best way to tell if someone's lying, according to science !

Here's the best way to tell if someone's lying, according to science ! | Strategy & Governance | Scoop.it

Humans are notoriously poor lie detectors. In scientific experiments, our accuracy levels are only slightly greater than chance — and sometimes lower.The problem is that most of these experiments focus on people's ability to spot untruths on their own. What would happen if people pooled their cognitive resources and worked together to suss out dishonesty?

Fouad Bendris's insight:

It's not always this easy to spot a lie. 
It's a simple trick ;()

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What Really Motivates Workers in Their 20s

What Really Motivates Workers in Their 20s | Strategy & Governance | Scoop.it

As we all know, young workers are a contemptible bunch. They’re “lazy,” and lack the admirable work ethic of their elders. They have an overblown sense of entitlement, believing they have some kind of right to walk right into a plum job in their early twenties rather than working their way up. They might even be a generation of narcissists, a consequence of their over-indulgent helicopter parents and a culture that favors giving every kid on the soccer team a trophy just for showing up !

Fouad Bendris's insight:

Twenty years of research reveals the young to be diligent (mostly) ... 

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Create a “Mastermind Group” to Help Your Career

Create a “Mastermind Group” to Help Your Career | Strategy & Governance | Scoop.it

Getting to the top of your field is a challenge, but it’s easier with the support of a strong peer network. A group of trusted colleagues – often known as a mastermind group – can provide honest feedback, help you refine your ideas, and share insights and leads. They can also inspire you with their successes and support you when you face setbacks. Most of us have some helpful professional contacts, but if you want to be part of a community of people focused on helping one another, you’ll likely need to take action to create it ... 

Fouad Bendris's insight:

Why you need one and how to create it !

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The Future Of Money

The Future Of Money | Strategy & Governance | Scoop.it

It’s easy to see how money caught on. It was a much more efficient way to transact business than bartering one good for another. Money was also a useful store of wealth, certainly more convenient than livestock or grains. These two core functions—a medium of exchange and a store of value—still define money today ! 

Fouad Bendris's insight:

Digital technology, however, is making finance exponentially more democratic. Crowdfunding and microlending have made it possible for people to acquire financing who never could before.  New payment systems like Square, Paypal and Apple Pay have made it easier for merchants to accept electronic payment ... 

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Turning Your Complex Career Path into a Coherent Story !

Turning Your Complex Career Path into a Coherent Story ! | Strategy & Governance | Scoop.it

It’s hard when you’ve had a non-standard career trajectory and you want to re-enter the work force, move to a higher position, or enter a new field. Will a marketing firm see you as a good leadership candidate if you’ve always been a professional fundraiser and small business owner? Would a medical devices company view you as capable of learning their product line if you’ve worked in the automobile or hospitality industries? Will a corporate hiring manager take you seriously if you’ve spent the last 10 years mostly volunteering? In these cases, you may not be the slam-dunk candidate !

Fouad Bendris's insight:

Once you’ve identified your own theme, the next step is to tell your story. Craft it and take any opportunity to share it with those who can help advance your career: hiring managers, funders, colleagues, publicists, or the acquaintance you meet at a networking event or a local barbecue ... 

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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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The Reason Smart People Sometimes Struggle with “Aha” Moments

The Reason Smart People Sometimes Struggle with “Aha” Moments | Strategy & Governance | Scoop.it

Having a high working memory capacity (WMC) generally helps with problem-solving by allowing us to avoid distractions, pull up relevant information, and complete multiple steps in a complex task. But not all problems benefit from that approach.

Previous research has shown that people with high WMC will choose problem-solving strategies that play to their strengths, adding more steps and complexity to the process than are strictly necessary — or efficient !

Fouad Bendris's insight:

A good working memory can get in the way ... 

The upshot: If you’re the sort of person who remembers everything and proceeds methodically, perhaps the next time you look for insight you should start by having a glass of wine ;()

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Data Analytics help doctors develop cancer treatment plans in a day !

Data Analytics help doctors develop cancer treatment plans in a day ! | Strategy & Governance | Scoop.it

The Collaborative Cancer Cloud will leverage big data analytics to help medical institutions sequence individuals' DNA and develop a precision treatment plan in 24 hours. More than 14 million people worldwide were diagnosed with cancer in 2012, according to the World Health Organization, and that number is expected to rise about 70 percent over the next 20 years. A sobering prediction magnified by the expense and time required to develop treatment plans !

Fouad Bendris's insight:

The Power of Data - As a complement, Intel plans to deliver open source code contributions to ensure the broadest developer base possible is working on delivering interoperable solutions. Open sourcing the code will drive both interoperability across different clouds and allow Analytics across a broader set of data ... 

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Mobile Payments: The Delay of Instant Gratification !

Mobile Payments: The Delay of Instant Gratification ! | Strategy & Governance | Scoop.it

To put the waiting game for mobile payments into perspective, consider the history of credit cards. They made their first appearance as Diner’s Club Cards in New York City in the 1950s, but it took 28 years for credit cards to be used by 50 million consumers. It took debit cards 12 years and PayPal accounts five years to reach the equivalent penetration level. The same milestone will probably be reached with mobile payments, but to get there, merchants and financial institutions must work together to deliver a seamless experience. Adding further complexity, retailers will need to make a significant investment — an estimated US$8 billion to $10 billion across the industry — to upgrade existing technology !

Fouad Bendris's insight:

Platforms like Apple Pay and Google Wallet will need to ensure a seamless and secure experience for merchants and consumers ... 

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Why an analytics culture change needs strong data stewards !

Why an analytics culture change needs strong data stewards ! | Strategy & Governance | Scoop.it

Data Scientists have traditionally been the truth bearers in a sea of employees with the need for analysis however changing dynamics and universal access to analytics and data, data scientists need to evolve into the role of a data steward where their role now needs to ensure that the enterprise' strategic decisions and actions are based on sound analysis that do not misinterpret, mis-analyse or misrepresent the truth. 

As enterprises become more data savvy and arm their employees with analytics tools that democratize access to disparate data that has so far been locked away, they can expect wider adoption of data driven thinking and decision making across their employees. However, this change will create a new challenge for enterprises ... 

Fouad Bendris's insight:

Why organizations need data stewards to chart their path towards being data driven and analytically savvy !

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Cybersecurity’s Human Factor: Lessons from the Pentagon !

Cybersecurity’s Human Factor: Lessons from the Pentagon ! | Strategy & Governance | Scoop.it

The vast majority of companies are more exposed to cyberattacks than they have to be. To close the gaps in their security, CEOs can take a cue from the U.S. military. Once a vulnerable IT colossus, it is becoming an adroit operator of well-defended networks. Today the military can detect and remedy intrusions within hours, if not minutes. From September 2014 to June 2015 alone, it repelled more than 30 million known malicious attacks at the boundaries of its networks. Of the small number that did get through, fewer than 0.1% compromised systems in any way. Given the sophistication of the military’s cyberadversaries, that record is a significant feat ... 

Fouad Bendris's insight:

One key lesson of the military’s experience is that while technical upgrades are important, minimizing human error is even more crucial. Building and nurturing a culture of high reliability will require the personal attention of CEOs and their boards as well as substantial investments in training and oversight. Cybersecurity won’t come cheap !

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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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