Once upon a time, the most successful business models were conceived to exploit clear gaps in established, stable commercial markets. Why take a risk in new, undeveloped areas when existing ones were rich with opportunity?
But something happened on the way to the corporate future: Startup enterprises began unlocking value at extraordinary levels, and established systems were shaken by disruption. Technological and social transformations set in motion a different kind of economy — an innovation economy — defined by constant and accelerating change. Continue reading
It’s easy to see why anyone could have trepidation when it comes to dealing with today’s speed of change. Keynote speaker Robert Safian said the chaos is neither good nor bad, but it is real and must be acknowledged and dealt with. “The world is changing. It’s changing at a pace that we haven’t seen before, and we’re not really trained for it, and we have to retrain ourselves to be able to make the most of it,” Safian told Alabama NewsCenter. “The opportunities with all of this change are spectacular, but you have to open yourself up to those ideas.”
One of my colleagues in Silicon Valley shared an experience with a programmer who wanted to work on a project. The programmer was quirky in the extreme; he wouldn’t look the project lead in the eye and spent most of his time staring intently at his own shoes. The interview was awkward, with the programmer talking at length about his video game play, while responses on work topics were monosyllabic.
There is nothing like a near-death experience to make you acutely aware of how much we rely on medicine and the healthcare system. I suffered a massive heart attack in March 2012 and nearly died. The doctors saved me. Since that terrifying event, I have tracked developments in technology, medicine, and wellness carefully. All along, I wondered why so much health care aimed at saving us after we fell ill rather than at keeping us healthy and spotting the problems well in advance. People in the healthcare sector call such an approach wellness care, or preventive medicine.
It is remarkable, with so much knowledge of modern management practices, that only a small number of companies manage to generate significant revenue from new businesses. Surveys of senior executives indicate that only 6 percent are satisfied with their company’s innovation performance.
I have been around the speaking world since the mid-80s and have seen a radical transformation in the industry; Catalogs gave way to websites…VHS cassettes gave way to YouTube videos…faxes and mail gave way to email and Dropbox. The digital era continues to change the rules, yet many bureaus and agents are missing how important some of these rules have become. These “blindspots” are costing them lost sales and marketshare. And all of these can be fixed.
There is blood everywhere. And lithe, scantily clad bodies. Music thrums hypnotically. Laughter rings. A weapon is drawn menacingly. Hundred-dollar bills float down through the fog. And don’t forget the cats: Aren’t they cute??
This is the modern media scape: An adrenaline-fueled, dopamine-engineered, titillating, exhilarating, unending plea for your ears, eyes, and mind. The channels are phone and screen, earbud and headset, social and search. The pace is relentless, and exhausting. Yet. We. Just. Cant. Stop. In today’s Attention Economy, any brand or business that wants to establish or maintain its relevance needs to grapple with these realities. Donald Trump has risen to the most powerful position in the world by deftly exploiting attention—indeed, he may be the most deft practitioner in the modern era. His any-hour-of-the-day tweets and off-the-cuff comments are too provocative to ignore. Just ask anyone at CNN.
One of the key differences between being a manager and being a leader is the focus from what you do in business to how you get things done. How do you enable employees who have good ideas to build upon them in a safe environment and make them great, free from the burden of bureaucracy? How do you start from a place of trust and measure results, not just in increments of time, but also by creative pursuits, productivity, and overall outcome?
By Kim Mikus, originally posted on the Daily Herald
Speed matters, as does a willingness to embrace new tactics and change in the workplace in order to grow as a company, award-winning national journalist Robert Safian told more than 500 business leaders Friday.
Safian has interviewed the most innovative CEOs in the country and shared what he has learned from stories he has written about them for Fast Company, Fortune, Time and other magazines. He was the keynote speaker at the annual Big Event breakfast at Marriott Lincolnshire held by Lake County Partners, celebrating its 20th anniversary.
GE’s Chairman and CEO, John Flannery, and Flux Group founder and former Editor-in-Chief of Fast Company, Robert Safian, discuss the future of additive manufacturing and its potential to transform the world of industrial manufacturing at Industry in 3D. This is a fascinating dive into the thinking of the leadership of a major company that is navigating it’s way thru a quickly changing business landscape.
Vivek Wadhwa is rejoining his former colleagues at Harvard Law School to run a critically important research project on the impact of technology on jobs and developing policies to mitigate the dangers.
This is with Richard Freeman, the world renowned labor economist, Sharon Block, who helped key labor policies for the Obama administration, and historian/scholar John Trumpbour. The 3-year project at Harvard’s Labor and Worklife program will bring together a who’s who to analyze new data on automation and jobs and to brainstorm on policy.
By I-Chun Chen – Correspondent, L.A. Biz , Apr 4, 2018, 5:17pm
Tradesy Inc., a website that lets women buy and sell pre-worn designer clothing and accessories, has acquired Fitz, a service that pairs customers with personal stylists.
With the acquisition, Santa Monica, California-based Tradesy is launching Tradesy Closet Concierge, a service that includes wardrobe management by stylists, including organizing, styling and resale consignment services. Tradesy Closet Concierge is currently serving the New York City area, including Manhattan, Brooklyn, and Queens. Tradesy plans to expand it to the Tri-State area and Los Angeles by the end of the year and all major U.S. cities in 2019.
I got my first glimpse of Apple’s newest product as the sun was coming up. It was just after 7 a.m. on a Wednesday in January, two days after Apple executives, including CEO Tim Cook, began moving into Apple Park, the company’s new spaceship-like headquarters in Cupertino. As I was escorted around the gleaming structure, it occurred to me that it embodied everything Apple’s products represent: a glimpse of the future, and yet also something familiar—not science fiction, but a tangible vision made real.