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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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“Faux Innovation” and Other Discontents ! 

“Faux Innovation” and Other Discontents !  | Strategy & Governance | Scoop.it
In fact, I found the opposite – a lack of urgency, misinterpretations, and in some cases, downright resistance to the basic ethos of innovation. While my conclusions may sound rather harsh, they come from a place of empathy and curiosity that compelled me to seek answers to several key questions: “What is the source of this hostility to innovation?”; “Is the under-performance in innovation episodic or systemic?”; and “What is causing this value-destroying gap between stated intent and actual reality?” Here are 3 reasons that I came up with: 
1) Dominant “What’s Now?” agendas
2) Bunker mentalities
3) Alternative Realities

Fouad Bendris's insight:
Over the course of this year, I’ve had the good fortune of working with three Global 50 companies – two U.S. based and one European. I’ll simply refer to them as Company A, B and C. Despite being in different industries (high-tech, financial services and industrial), one common theme emerged: senior leaders in each of the companies articulated a strong desire and an equally strong level of frustration with their innovation efforts. After digging a little deeper, I think I uncovered the source of the frustration — there was no real evidence that the desire for innovation was being met with meaningful adoption or implementation.
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Technology Is Changing Transportation & Cities Should Adapt ... 

Technology Is Changing Transportation & Cities Should Adapt ...  | Strategy & Governance | Scoop.it

Different metro areas will need different solutions.

Research has shown, for example, that the more people use shared private transportation like ride-hailing apps, the more likely they are to also use public transit. But if too many urbanites begin to depend on private vehicles, even shared ones, traffic could get worse and public transit systems might be starved of the fares they need to pay for maintenance and upgrades. These complex dynamics put municipal authorities in a bind. Some have chosen a wait-and-see approach, opting to watch mobility trends and develop policy responses as needed as trends play out. This approach has merit, given how difficult it is to predict the behaviors of traditional transport businesses, advanced mobility services, and city residents.

Fouad Bendris's insight:
It has taken only a few years for ride-hailing services to make urban journeys more convenient in many cities, much to the delight of city dwellers the world over. And as innovation brings self-driving cars, electric vehicles, in-vehicle data connectivity, mechanisms for sharing rides and vehicles, and other technologies to more people, getting around cities will become easier, faster, and safer.
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Are You Accurately Measuring Your Company’s Digital Strength?

Are You Accurately Measuring Your Company’s Digital Strength? | Strategy & Governance | Scoop.it

Armed with a hypothesis that the stock market was undervaluing digital, we sought to create the largest known repository of digital data on U.S. companies. Our aim was to prove the link between digital strength and shareholder value, and do so in a way that passes the rigorous standards of hedge funds. We looked at the top 1,000 U.S. public companies, mapped every digital property for those companies, collected 75 billion digital consumer interactions per month over a period of five years, and made thousands of calculations. (A full explanation of our methodology and the rigorous process of residualization that was required of our hedge fund clients can be found here.) Our findings: A number of digital metrics, or signals, that aren’t widely tracked today are very strong predictors of revenue growth and share price. They include the following:

- Digital magnitude. Simply put, this is the aggregate of all digital measures

- Digital share. Your company’s digital share is its magnitude divided by the sum of the magnitude of its competitive set

Digital momentum. A simple way for a company to calculate its momentum is for it to take monthly snapshots of all metrics and track which are increasing or decreasing

Fouad Bendris's insight:
There are few business leaders around the world not thinking about digital transformation in some shape or form. Whether improving omni-channel commerce or developing digital extensions to product lines, businesses are working out how to drive profitability through digital. But traditional metrics might underestimate the impact of digital, leaving companies vulnerable to aggressive competitors or pure-play disruptors. Many managers are missing digital signals that could help them better compete.
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What are algorithms?

What are algorithms? | Strategy & Governance | Scoop.it

An algorithm is, essentially, a brainless way of doing clever things. It is a set of precise steps that need no great mental effort to follow but which, if obeyed exactly and mechanically, will lead to some desirable outcome. Long division and column addition are examples that everyone is familiar with—if you follow the procedure, you are guaranteed to get the right answer. So is the strategy, rediscovered thousands of times every year by schoolchildren bored with learning mathematical algorithms, for playing a perfect game of noughts and crosses. The brainlessness is key: each step should be as simple and as free from ambiguity as possible. Cooking recipes and driving directions are algorithms of a sort. But instructions like “stew the meat until tender” or “it’s a few miles down the road” are too vague to follow without at least some interpretation.

Fouad Bendris's insight:
#ALGORITHMS are everywhere. They play the stockmarket, decide whether you can have a mortgage and may one day drive your car for you. They search the internet when commanded, stick carefully chosen advertisements into the sites you visit and decide what prices to show you in online shops.
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Org Physics: The 3 faces of every company ! 

Org Physics: The 3 faces of every company !  | Strategy & Governance | Scoop.it


Since the rise of the corporation at the dawn of the industrial age, much has been said and written about leadership, power, and structure in organizations. Some in the field of organizational research believe that developing a coherent theory of leadership is an illusive, even utopian, undertaking. Most practitioners, on the other side, do not seem to care much about theory at all. Consequently, two sets of beliefs tend to be constantly repeated in our field: On one hand, the tale of heroic leaders and their followers, combined with calls for hierarchical control. On the other hand, the story of the coming end of hierarchy, and future elimination of power from organizations.


Fouad Bendris's insight:
The 3 faces of every company How a triad of structures allows companies to absorb complexity. Every organization knows three kinds of leadership. Not one Within the three structures of organizations, the three kinds of leadership reside. All important, but dramatically out of balance in most organizations we know: 
1) Compliance Leadership — emerging from Formal Structure. 
2) Social Leadership — emerging from Informal Structure. 
3) Value Creation Leadership — emerging from Value Creation Structure.
Thanks to @NielsPflaeging for that such great study ;() 

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Leadership Takes Self-Control. Here’s What We Know About It

Leadership Takes Self-Control. Here’s What We Know About It | Strategy & Governance | Scoop.it
Our review makes clear that helping employees maintain self-control is an important task if organizations want to be more effective and ethical. Fortunately, we identified three key factors that can help leaders foster self-control among employees and mitigate the negative effects of losing self-control.
Ultimately, the keys to avoiding self-control failures are to 
1) allow the body to rest and restore self-control, 
2) reexamine existing organizational policies that might inadvertently reduce employees’ self-control, and 
3) create a culture that deters negative behaviors in moments of reduced self-control.
Fouad Bendris's insight:
Philosophers and psychologists have been discussing the importance of self-control for ages. Plato, for example, argued that the human experience is a constant struggle between our desire and rationality, and that self-control is needed to achieve our ideal form. Likewise, Freud suggested that self-control is the essence of a civilized life. The scientific study of self-control started about 25 years ago in the fields of criminology and psychology. Since then, hundreds of studies have shown the positive effects that come from possessing self-discipline ! 
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Tesla Shows How Traditional Business Metrics Are Outdated

Tesla Shows How Traditional Business Metrics Are Outdated | Strategy & Governance | Scoop.it

The problem with market share.

We don’t need to throw out all classic business metrics. But we should recognize their fundamental flaws and complement them with a new set of metrics. Essentially, we need bifocals for business metrics. Here are some of the areas I see as most ripe for change:

- Market share is one of the most widely used, and wildly misused, business metrics.

- Share of profit is far more useful than share of units in this scenario.

... 

Fouad Bendris's insight:
At the core of the confusion over a company like Tesla is that traditional business metrics are outdated and can create overconfidence or underestimation. Classic metrics like market penetration and market share, which many leaders are measured on, are the very things causing us to miss market opportunities and threats. I consider someone like Musk to be a category creator — someone who doesn’t rely on incremental innovation but instead changes the rules of the road entirely by creating a new category. In that landscape, our established modes of measurement just don’t work.
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Why You Should Demand To Know More About Algorithms That Control Your Life !

Why You Should Demand To Know More About Algorithms That Control Your Life ! | Strategy & Governance | Scoop.it
Computer algorithms and code impact basic aspects of our lives. When the are used for a civic purpose that demands transparency, the underlying programs should be made public. Cartoon by Andy Singer.

Keep in mind the Roman Juvenal & his Satires: "Quis custodiet ipsos custodes? " 
This is a Latin phrase found in the work of the Roman poet Juvenal from his Satires (Satire VI, lines 347–348). It is literally translated as "Who will guard the guards themselves?"

Fouad Bendris's insight:
Computer algorithms and code impact basic aspects of our lives. When the are used for a civic purpose that demands transparency, the underlying programs should be made public.

Keep in mind the Roman Juvenal & his Satires: 
"Quis custodiet ipsos custodes? "
 


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The Next Battle in Antitrust Will Be About Whether One Company Knows Everything About You !

The Next Battle in Antitrust Will Be About Whether One Company Knows Everything About You ! | Strategy & Governance | Scoop.it

What Is a Digital Replica? 

A digital replica is a digital representation of an individual, object, or asset. Such a representation is constructed based on an individual, object, or asset’s interactions with its environment. In physical objects and assets, the concept has recently picked up steam with the easy availability of sensors and internet-of-things (IoT) connectivity. For instance, GE reportedly has 66,000 jet engine, locomotive, and turbine assets, each of which has a unique digital replica. The digital replica of its jet engine, for instance, relies on a variety of sensors that capture and transmit detailed information as the jet engine operates. This information is processed on a platform (Predix) using advanced modeling techniques. 

Fouad Bendris's insight:
The coming battle in antitrust will not be about controlling markets in the traditional sense. It will be about the battle for control over consumers’ information. The tech titans are currently in a race to see which of them can build a better digital replica of their consumers, which means finding a way to not just collect user data but also make it harder for competitors to do so. Tomorrow’s monopolies won’t be able to be measured just by how much they sell us. They’ll be based on how much they know about us and how much better they can predict our behavior than competitors ... 
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Is flying first class a waste of money?

Is flying first class a waste of money? | Strategy & Governance | Scoop.it
Today’s economy-class passengers overwhelmingly choose their flights on the basis of price, with little regard for the level of service they receive. Even as we moan that airlines are squeezing more seats into cattle-class, few of us click onto the second page of a Skyscanner search to find something more convivial. In becoming more stingy, airlines are giving us exactly what we are asking for. The same cannot be said of first-class flyers. Here, competition encourages airlines not to decrease prices, but to increase the level of pampering. The poshest customers offer the juiciest profits. On transatlantic flights, for example, premium cabins (including business class) account for just 13% of seats but half of revenue. Little expense is spared in the fight for that revenue.
Fouad Bendris's insight:
The differences between the front of the plane and the back have never been starker. Here’s why you shouldn’t shell out !
The maxim that “you get what you pay for” could have been coined for modern air travel. Never has the metaphorical distance between the front and back of a plane felt so gaping.
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U.S. firms face ‘scramble’ to comply with EU's General Data Protection Regulation ! 

U.S. firms face ‘scramble’ to comply with EU's General Data Protection Regulation !  | Strategy & Governance | Scoop.it
When it comes into force on May 25, 2018, the GDPR will force companies to enact greater privacy controls over how EU residents’ data can be used. The law applies to all residents of the EU, and also covers their data if it’s used outside the EU for any purpose. Companies that violate GDPR could be subject to fines amounting to 4 percent of their annual revenue, or €20 million, whichever is greater. However, it seems that most companies in the U.S. are likely to violate the GDPR if they don’t take action soon. Spiceworks Inc., a free help desk, network monitoring and information technology community that did the study, said that although most IT pros it surveyed were in favor of GDPR, the vast majority were not actively preparing for their organizations to achieve compliance. In fact, just 5 percent of U.S. firms indicated that they’ve begun preparing for compliance, compared with 40 percent in the U.K. and 28 percent in the rest of the EU.
Fouad Bendris's insight:
A new study on enterprises’ readiness for the European Union’s General Data Protection Regulation has revealed that an overwhelming number of U.S. companies are totally unprepared for the legislation, which is due to come into effect next year.
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Product managers for the digital world ! 

Product managers for the digital world !  | Strategy & Governance | Scoop.it
Common themes across the three archetypes An intense focus on the customer is prominent among all product managers. For example, product managers at Amazon are tasked with writing press releases from the customer’s perspective to crystalize what they believe customers will think about a product, even before the product is developed.2 This press release then serves as the approval mechanism for the product itself.Product managers of the future will be analytics gurus and less reliant on analysts for basic questions. They will be able to quickly spin up a Hadoop cluster on Amazon Web Services, pull usage data, analyze them, and draw insights. They will be adept at applying machine-learning concepts and tools that are specifically designed to augment the product manager’s decision making.
Fouad Bendris's insight:
The role of the product manager is expanding due to the growing importance of data in decision making, an increased customer and design focus, and the evolution of software-development methodologies.
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Create Your Company’s Future !

Create Your Company’s Future ! | Strategy & Governance | Scoop.it

An article that was more than 20 years old had begun appearing on our list of the 50 most-popular articles on our website in most months. The article was getting almost three times as many views per day as it had been a few years earlier. What was going on? The article in question is a classic one by Paul J.H. Schoemaker of the Wharton School titled “Scenario Planning: A Tool for Strategic Thinking.”



Fouad Bendris's insight:
Recently, MIT SMR readers have been looking for information on scenario planning — a trend that may reflect current social, political, and economic uncertainty. This trend led to our Summer 2017 special report on creating your company’s future.
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CIOs: Don't rush to AI to solve IT operations management problems !

CIOs: Don't rush to AI to solve IT operations management problems ! | Strategy & Governance | Scoop.it
At Friday’s Wikibon Weekly Research Meeting, we discussed applying artificial intelligence and machine learning at the discipline of information technology operations management. But before jumping on the latest trend, we suggest three things that chief information officers should consider before jumping into the hype. For background and summary, let’s review the operations management problems IT organizations face today and the business impact that improvements will have. IT is often criticized for being too slow to react to operations issues and that has affected a laundry list of things in the business. To name a few: 
- Application availability 
- IT and business productivity 
- Data quality 
- Application performance
Fouad Bendris's insight:
he vendor community has promised end-to-end visibility on infrastructure platforms, including clouds, and the ability to discover and manage events and identify anomalies in a proactive manner. Maybe they can even automate necessary remediation steps. These are all good and important features. Furthermore, these capabilities must align with and map to critical business processes so that customers can prioritize and of course this must extend to cloud resources. 
Is AI and ML the Answer?
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Without Emotional Intelligence, Mindfulness Doesn’t Work

Without Emotional Intelligence, Mindfulness Doesn’t Work | Strategy & Governance | Scoop.it
Mindfulness is a method of shifting your attention inward to observe your thoughts, feelings, and actions without interpretation or judgment. A mindfulness practice often begins simply by focusing on your breath, noticing when your mind wanders, and then bringing it back to your breath. As you strengthen your ability to concentrate, you can then shift to simply noting your inner experience without getting lost in it at any point in your day. The benefits attributed to this kind of practice range from stronger relationships with others to higher levels of leadership performance.
Fouad Bendris's insight:
The good and the bad of the latest corporate trend !
Mindfulness has become the corporate fad du jour, a practice widely touted as a fast-track to better leadership. But we suspect that not all the benefits laid at its feet actually belong there. Our research and analysis has revealed a complicated relationship between mindfulness and executive performance—one that is important for leaders to understand as they seek to develop in their careers ... 
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The world is going to university !

The world is going to university ! | Strategy & Governance | Scoop.it

AFTER God had carried us safe to New England, and we had builded our houses, provided necessaries for our livelihood, reared convenient places for God’s worship and settled Civil Government, one of the next things we longed for and looked for was to advance learning and perpetuate it to posterity.” So ran the first universit. 

America’s early and lasting enthusiasm for higher education has given it the biggest and best-funded system in the world. Hardly surprising, then, that other countries are emulating its model as they send ever more of their school-leavers to get a university education. But, as our special report argues, just as America’s system is spreading, there are growing concerns about whether it is really worth the vast sums spent on it.

Fouad Bendris's insight:
The modern research university, a marriage of the Oxbridge college and the German research institute, was invented in America, and has become the gold standard for the world. Mass higher education started in America in the 19th century, spread to Europe and East Asia in the 20th and is now happening pretty much everywhere except sub-Saharan Africa. The global tertiary-enrolment ratio—the share of the student-age population at university—went up from 14% to 32% in the two decades to 2012; in that time, the number of countries with a ratio of more than half rose from five to 54. University enrolment is growing faster even than demand for that ultimate consumer good, the car. The hunger for degrees is understandable: these days they are a requirement for a decent job and an entry ticket to the middle class.
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Leather grown using biotechnology is about to hit the catwalk

Leather grown using biotechnology is about to hit the catwalk | Strategy & Governance | Scoop.it

LEATHERMAKING is an ancient craft. The oldest leather artefact found so far is a 5,500-year-old shoe from a cave in Armenia, but paintings in Egyptian tombs show that, 7,000 years ago, leather was being turned into all manner of things, from sandals to buckets to military equipment. It is a fair bet that the use of animal skins for shelter and clothing goes back hundreds of thousands of years at least.Modern production methods are less stomach-turning than those of the 18th century. Dog turds, lime and urine have been replaced by chromium and other chemicals. But some of those replacements are, themselves, pretty caustic substances. And the whole leather industry, based as it is on animal hides, is vulnerable these days to sensibilities about the relationship between human beings and other animals that would scarcely have crossed people minds in former years. Set against these considerations is a commercial one: leather, prized for its durability and suppleness, is a business worth $100bn a year !

Fouad Bendris's insight:
To produce its leather, Modern Meadow begins with a strain of yeast that has been genetically engineered to make a protein identical to bovine collagen. Collagen is the principal structural protein in animal bodies. In particular, it gives strength and elasticity to skin. It consists of long chains of amino-acids, the building blocks of all proteins, wound together in threesomes to form triple-helices that are then, in turn, wound together to make fibres.
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The Mindset That Fosters Career Agility 

The Mindset That Fosters Career Agility  | Strategy & Governance | Scoop.it
In our forthcoming book, Disrupt Your Career: How to Navigate Uncharted Career Transitions and Thrive, we tell the stories of 44 global leaders, including Saxena, who have mastered the art of career transition. Building on these interviews and the work of eminent career development researchers such as Mark L. Savickas, we have identified six success factors that facilitate career remodelling. The 6 Cs ... 
1. Commitment
2. Control
3. Curiosity
4. Change agility
5. Connections
6. Confidence

Fouad Bendris's insight:
Six personal factors can smooth the process of career change ! 
These 6 Cs consist of a broad range of knowledge, values, skills and abilities. While some of these elements may be innate, others, such as change agility or connections, can be improved. Whether you are contemplating a career change in the short term or not, you would do well to boost your capacity to navigate professional transitions skilfully. It’s a well-known fact that today’s careers aren’t as linear as they used to be ... 
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More Frequent Sales Quotas Help Volume but Hurt Profits !

More Frequent Sales Quotas Help Volume but Hurt Profits ! | Strategy & Governance | Scoop.it

Our hypothesis was that an increase in the frequency of the quotas would provide more continuous motivation. Under a monthly plan, salespeople who started off the month poorly might become less motivated after realizing they weren’t going to make their quota for that month — in essence giving up in the current month. Daily quotas would theoretically help prevent such behavior. On the other hand, daily quotas could potentially increase people’s anxiety and stress, eventually leading to a decrease in their performance. Or, they might subtly encourage salespeople to become overly aggressive, selling items that customers don’t need, thus resulting in an increase in product returns.

Fouad Bendris's insight:
Firms often struggle with finding the best way to motivate their salesforce. How much of a rep’s compensation should consist of a fixed salary and how much should be based on commission? Should commissions be capped? What’s the effectiveness of bonuses and other incentives? And so on.
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Blood from young animals can revitalise old ones ! Might that be true for people, too?

Blood from young animals can revitalise old ones ! Might that be true for people, too? | Strategy & Governance | Scoop.it

Nobody yet knows exactly what that something is, but people are looking hard. In all probability, it is not one thing at all, but dozens or hundreds of hormones, signalling proteins and the like, working together. Researchers have been comparing the chemical composition of old and young blood, searching for those chemicals that show the biggest changes in level between the two. These include oxytocin (a hormone better known for its role as a transmitter of signals between neurons); two proteins called GDF-11 and TGF beta-1, both of which are already known to affect cell behaviour; and B2M, another protein which, among other things, affects the body’s ability to absorb iron from food.

Fouad Bendris's insight:
There are further possible explanations for parabiotic rejuvenation besides blood chemistry. One is that older animals may also benefit from having their blood scrubbed by young kidneys and livers, which mere blood transfusion would not offer. A paper published by the Conboys and their team in 2016, which described blood exchanges that were done in short bursts (thus eliminating the possibility of such scrubbing) reported rejuvenating effects, but ones that were not as widespread as those obtained by full-on parabiosis.
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What to Do When Your Heart Isn’t in Your Work Anymore ?

What to Do When Your Heart Isn’t in Your Work Anymore ? | Strategy & Governance | Scoop.it
More people fit this profile than you’d think. According to a 2017 Gallup survey, only one-third of U.S. employees feel engaged at work; that is, only one of three workers brings a consistently high level of initiative, commitment, passion, and productivity to their job. That leaves the majority of employees less than satisfied with their work. And truth be told, there could be any number of reasons for this sense of malaise. You might feel stuck doing the same thing over and over again. You might question the ultimate meaning of the work you’re doing. You might feel micromanaged or that company leaders don’t know or care about your learning and growth. Or maybe your own growth and development since starting your career has caused you to change your passions and priorities in life ... 
Fouad Bendris's insight:
In an ideal world, our work lives would be completely fulfilling, full of meaning, and intrinsically motivating. But what if they’re not? What if you’re stuck in a job or a career that you once loved, but your heart isn’t in it anymore?
Make small changes to find purpose again ...
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What Should an Apple Car Be?

What Should an Apple Car Be? | Strategy & Governance | Scoop.it
Apple is so great at connectivity, aesthetics, and entertainment that any vehicle they develop will incorporate these as table stakes. With that in mind, I can see three potential scenarios for how Apple might play in the autonomous car market.
The second play is to try to use its technological aptitude to create a vehicle that solves a particular problem. If Apple goes this route, it should target younger consumers who are growing up with Uber, Lyft, and Zipcar. A teenager old enough to drive is twice as likely to have a smartphone as they are a driver’s license. Some of them may never enter the car market, or may at least significantly delay a move toward ownership.
Fouad Bendris's insight:
It could be part office, part home, and part vehicle.
Tim Cook recently confirmed that Apple is working on ‘autonomous systems.’ As usual with Apple, details are sparse, but it’s likely that autonomous cars are part of this.
The first scenario is to enter cars as a Trojan horse to sell more iPhones. It’s the most conservative play–and a nod to the fact that Apple’s revenues are 60% driven by iPhones. Elon Musk has already said he thinks of Tesla as a ‘sophisticated computer on wheels.’
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Motivating Employees Is Not About Carrots or Sticks ! 

Motivating Employees Is Not About Carrots or Sticks !  | Strategy & Governance | Scoop.it

Make sure they understand why their work matters.

Why not consider another way to motivate employees? I’d like to suggest a new dialogue that embraces the key concept that motivation is less about employees doing great work and more about employees feeling great about their work. The better employees feel about their work, the more motivated they remain over time. When we step away from the traditional carrot or stick to motivate employees, we can engage in a new and meaningful dialogue about the work instead. Here’s how: 

1° Share context and provide relevance. There is no stronger motivation for employees than an understanding that their work matters and is relevant to someone or something other than a financial statement. 

2°Anticipate roadblocks to enable progress. When you ask anything significant of team members, they will undoubtedly encounter roadblocks and challenges along the path to success.

3° Recognize contributions and show appreciation. As tempting as it is to try to influence employee satisfaction with the use of carrots and sticks, it isn’t necessary for sustained motivation.

4° Check in to assess your own motivation. What if you’ve done all of the above but are still struggling to motivate others? You may need to assess your own motivation.

Fouad Bendris's insight:
Motivating employees seems like it should be easy. And it is — in theory. But while the concept of motivation may be straightforward, motivating employees in real-life situations is far more challenging. As leaders, we’re asked to understand what motivates each individual on our team and manage them accordingly. What a challenging ask of leaders, particularly those with large or dispersed teams and those who are already overwhelmed by their own workloads. @Soul4Breakfast
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Top 7 books on digital transformation ... 

Top 7 books on digital transformation ...  | Strategy & Governance | Scoop.it
When it comes to digital transformation, even if we’re ready to evolve it can be incredibly difficult to develop a proper strategy thanks to the rapid rate of technological advancement we’re experiencing. Most of us still haven’t completely mastered our iPhones and now we’re expected to develop a strategy for mastering big data analytics and AI while we move our business to the cloud. It can be a bit overwhelming. A survey done by SAP and The Economist Intelligence Unit last year showed that while 97% of businesses are taking some steps towards going digital, just 21% have a company-wide digital transformation strategy in place. So, to guide you through the transition and perhaps help you spearhead the change in your industry, I’ve put together this list of 10 digital transformation books that every entrepreneur and C-level executive should read.
Fouad Bendris's insight:
Digital transformation is happening faster than ever before. These 7 tomes will ensure you don't fall behind.
Take a look back to 2010 and digital transformation or disruption were terms reserved for tech companies and startups. Fast-forward to 2017 and regardless of what industry you’re in, digital transformation is coming. For example, yesterday as I walked past an off-duty taxi and hopped in my Uber, I was trying to figure out what I wanted to watch on Netflix after dinner when a thought crossed my mind, does anyone remember Blockbuster? Maybe I should ask Jeeves…
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Smirt Collins's curator insight, August 25, 11:57 AM
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Scooped by Fouad Bendris
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Taking flight - Civilian drones !

Taking flight - Civilian drones ! | Strategy & Governance | Scoop.it
To most people a drone is one of two very different kinds of pilotless aircraft: a toy or a weapon. It is either a small, insect-like device that can sometimes be seen buzzing around in parks or on beaches, or a large military aircraft that deals death from the skies, allowing operators in Nevada to fire missiles at terrorist suspects in Syria. The first category, recreational drones aimed at consumers, are the more numerous by far; around 2m were sold around the world last year. The second category, military drones, account for the vast majority (nearly 90%) of worldwide spending on drones. But after a pivotal year for the civilian drone industry, an interesting space is now opening up in the middle as drones start to be put to a range of commercial uses. Last year around 110,000 drones (technically known as unmanned aerial vehicles, or UAVs) were sold for commercial use, according to Gartner, a consultancy. That figure is expected to rise to 174,000 this year and the number of consumer drones to 2.8m ...
Fouad Bendris's insight:
Most drones today are either cheap toys or expensive weapons. But interesting commercial uses are emerging in the middle ! 
STARTING a riot at a football match. Revealing an unknown monument in the desert near Petra. Performing at the Super Bowl. Sneaking drugs and mobile phones into prisons. Herding elephants in Tanzania. What links this astonishing range of activities? They are all things that have been done by small flying robots, better known as drones.
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