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Humans operate on millennia-old hardware. We can comprehend linear relationships, but have trouble processing accelerating rates of change.
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Roger Spitz (Disrupt With Impact: Achieve Business Success in an Unpredictable World)
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The accelerating pace of change is now the norm.
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Roger Spitz (Disrupt With Impact: Achieve Business Success in an Unpredictable World)
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Few problems are less recognized, but more important than, the accelerating disappearance of the earth's biological resources. In pushing other species to extinction, humanity is busy sawing off the limb on which it is perched.
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Paul R. Ehrlich
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When you press the pause button on a machine, it stops. But when you press the pause button on human beings they start,” argues my friend and teacher Dov Seidman, CEO of LRN, which advises global businesses on ethics and leadership. “You start to reflect, you start to rethink your assumptions, you start to reimagine what is possible and, most importantly, you start to reconnect with
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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One expects philosophy to promote, and even to accelerate, the practical and technical business of culture by alleviating it, making it easier. {9}
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Martin Heidegger (Introduction to Metaphysics)
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Despite technological accelerations, change is generally slow, difficult, and unequally distributed.
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Roger Spitz (Disrupt With Impact: Achieve Business Success in an Unpredictable World)
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We must teach data literacy to our students, lest they emerge illiterate in our accelerating info-ruption.
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Roger Spitz (Disrupt With Impact: Achieve Business Success in an Unpredictable World)
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Suddenly, ahead of us, a group of men ran out of the forest and pulled a thick rope across the road. There was no time to look at them properly, but they didn’t look friendly. I still don’t know why, but my reflex reaction was to foot the accelerator and drive straight through – never a good idea on a dirt track, except perhaps for rally drivers. I’m not sure who was more surprised, me or them, but I found myself looking in the rear-view mirror and seeing men lying on the road, I suppose pulled down by the force of the rope.
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Oliver Dowson (There's No Business Like International Business: Business Travel – But Not As You Know It)
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Companies that are made up of clusters of leaders will actually accelerate their growth by speeding up their rate of innovation as their competition pulls back, build better teams by investing in people while their rivals shrink training budgets, and pick up top talent as their industry peers lay people off. And so fast companies get that unsettling times are actually gifts for them and periods to get so far ahead of the competition that they can never catch up.
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Robin Sharma (The Leader Who Had No Title: A Modern Fable on Real Success in Business and in)
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Networking is an investment in your business. It takes time and when done correctly can yield great results for years to come.
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Diane Helbig (Lemonade Stand Selling: Accelerate Your Small Business Growth)
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A capitalist economy cannot be maintained, however, if it oscillates between threats of an imminent collapse of asset values and employment and threats of accelerating inflation and rampant speculation, especially if the threats are sometimes realized. If the market mechanism is to function well, we must arrange to constrain the uncertainty due to business cycles so that the expectations that guide investment can reflect a vision of tranquil progress.
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Hyman P. Minsky (Stabilizing an Unstable Economy)
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In general, if an organization needs to do something that uses computation, and that task is too expensive today, it probably won’t be too expensive in a couple of years.
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Azeem Azhar (The Exponential Age: How Accelerating Technology is Transforming Business, Politics and Society)
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Successful prospecting depends on selecting methods that you can effectively navigate. If something makes you uncomfortable, please don't do it.
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Diane Helbig (Lemonade Stand Selling: Accelerate Your Small Business Growth)
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In many ways the effect of the crash on embezzlement was more significant than on suicide. To the economist embezzlement is the most interesting of crimes. Alone among the various forms of larceny it has a time parameter. Weeks, months, or years may elapse between the commission of the crime and its discovery. (This is a period, incidentally, when the embezzler has his gain and the man who has been embezzled, oddly enough, feels no loss. There is a net increase in psychic wealth.) At any given time there exists an inventory of undiscovered embezzlement in — or more precisely not in — the country’s businesses and banks. This inventory — it should perhaps be called the bezzle — amounts at any moment to many millions of dollars. It also varies in size with the business cycle. In good times people are relaxed, trusting, and money is plentiful. But even though money is plentiful, there are always many people who need more. Under these circumstances the rate of embezzlement grows, the rate of discovery falls off, and the bezzle increases rapidly. In depression all this is reversed. Money is watched with a narrow, suspicious eye. The man who handles it is assumed to be dishonest until he proves himself otherwise. Audits are penetrating and meticulous. Commercial morality is enormously improved. The bezzle shrinks.
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Just as the boom accelerated the rate of growth, so the crash enormously advanced the rate of discovery. Within a few days, something close to a universal trust turned into something akin to universal suspicion. Audits were ordered. Strained or preoccupied behavior was noticed. Most important, the collapse in stock values made irredeemable the position of the employee who had embezzled to play the market. He now confessed.
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John Kenneth Galbraith (The Great Crash 1929)
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Where workers do lose their jobs due to automation, it’s not because they themselves are replaced by some piece of software. It’s often because the firms they work for fail. And the firms they work for fail because their management or shareholders are unwilling or unable to keep up with the new possibilities of technology. That failure often extends to failing to invest in the training that their employees need to implement the latest technologies.
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Azeem Azhar (The Exponential Age: How Accelerating Technology is Transforming Business, Politics and Society)
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If a competitor can outexecute a startup once the idea is known, the startup is doomed anyway. The reason to build a new team to pursue an idea is that you believe you can accelerate through the Build-Measure-Learn feedback loop faster than anyone else can.
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Eric Ries (The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses)
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There were usually not nearly as many sick people inside the hospital as Yossarian saw outside the hospital, and there were generally fewer people inside the hospital who were seriously sick. There was a much lower death rate inside the hospital than outside the hospital, and a much healthier death rate. Few people died unnecessarily. People knew a lot more about dying inside the hospital and made a much neater job of it. They couldn’t dominate Death inside the hospital, but they certainly made her behave. They had taught her manners. They couldn’t keep Death out, but while she was there she had to act like a lady. People gave up the ghost with delicacy and taste inside the hospital. There was none of that crude, ugly ostentation about dying that was so common outside of the hospital. They did not blow-up in mid-air like Kraft or the dead man in Yossarian’s tent, or freeze to death in the blazing summertime the way Snowden had frozen to death after spilling his secret to Yossarian in the back of the plane.
“I’m cold,” Snowden had whimpered. “I’m cold.”
“There, there,” Yossarian had tried to comfort him. “There, there.”
They didn’t take it on the lam weirdly inside a cloud the way Clevinger had done. They didn’t explode into blood and clotted matter. They didn’t drown or get struck by lightning, mangled by machinery or crushed in landslides. They didn’t get shot to death in hold-ups, strangled to death in rapes, stabbed to death in saloons, blugeoned to death with axes by parents or children, or die summarily by some other act of God. Nobody choked to death. People bled to death like gentlemen in an operating room or expired without comment in an oxygen tent. There was none of that tricky now-you-see-me-now-you-don’t business so much in vogue outside the hospital, none of that now-I-am-and-now-I-ain’t. There were no famines or floods. Children didn’t suffocate in cradles or iceboxes or fall under trucks. No one was beaten to death. People didn’t stick their heads into ovens with the gas on, jump in front of subway trains or come plummeting like dead weights out of hotel windows with a whoosh!, accelerating at the rate of thirty-two feet per second to land with a hideous plop! on the sidewalk and die disgustingly there in public like an alpaca sack full of hairy strawberry ice cream, bleeding, pink toes awry.
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Joseph Heller (Catch-22)
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to make old things work better, to make new things possible, and to do old things in fundamentally new ways. For instance, the invention of the Uber taxi service did all three: it didn’t just create a new competitive taxi fleet; it created a fundamentally new and better way to summon a taxi, to gather data on riders’ needs and desires, to pay for a taxi, and to rate the behavior of the driver and the passenger. These sorts of transformations are now happening in every business, thanks to the energy release of the supernova.
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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Many companies are adopting small, autonomous multifunctional teams working in sprints to vastly accelerate decisions and adjustments.
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Hubert Joly (The Heart of Business: Leadership Principles for the Next Era of Capitalism)
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I laughed. “No, trust me, it’s a good thing. You’re cute and funny and talented too, and any girl would be lucky to date you.” “I sense a but coming,” he said wryly. “But—” “But she’s busy,” a smooth voice interrupted. “From tonight through the foreseeable future.” I turned, my pulse accelerating when I saw Alex standing less than five feet away. His gaze zeroed in on where I was still touching Jack’s arm. I pulled away, but it was too late. I could practically taste the danger pulsing in the air. Gone was the man who’d bared his soul onstage; in his place was the ruthless CEO who wouldn’t hesitate to crush his enemies into dust. “You’re the guy who performed tonight and is always waiting for Ava outside WYP.” Jack narrowed his eyes. “Who are you again?” “Someone who will rip your entrails out and strangle you with them if you don’t take your hands off her,” Alex said in a deceptively calm voice.
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Ana Huang (Twisted Love (Twisted, #1))
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There is nothing called ‘underprivileged’ anymore,” said Yildiz. “All you need is a working brain, some short training, and then put your idea into a fantastic business from any part of the world!
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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That is why, I explained to Bojia, as a columnist, “I am either in the heating business or the lighting business.” Every column or blog has to either turn on a lightbulb in your reader’s head—illuminate an issue in a way that will inspire them to look at it anew—or stoke an emotion in your reader’s heart that prompts them to feel or act more intensely or differently about an issue. The ideal column does both. But
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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As a small business owner, you must sell or you will go out of business. Therefore, you must prospect (it's an integral part of the process). You have to bring people to your business, not just wait for them to show up.
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Diane Helbig (Lemonade Stand Selling: Accelerate Your Small Business Growth)
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Many organizations and militaries use VUCA as an acronym to describe the disruptive state of the world, given its Volatility, Uncertainty, Complexity, and Ambiguity.
UN-VICE is an updated way of capturing the state and velocity of the world, with our acronym for UNknown, Volatile, Intersecting, Complex, and Exponential:
- UNknown: Recognizing that you can’t know anything perfectly, and that many of our decisions are based on assumptions. Increased uncertainty lowers the value of ad-vice and requires increased self-reliance.
- Volatile: Our world, and change itself, is evolving faster than ever before. Volatility is not inherently good or bad; it is simply impactful. In volatility we see shifting speed, texture, and magnitude of the changing environment.
- Intersecting: The broader our filters, the more we realize that what we observe overlaps with other things. Boundaries are disappearing, connecting new areas through combinations.
- Complex: These more-than-complicated systems have unreliable input-output relationships and cannot be summarized or modeled without losing their essence. Unpredictable situations with unknown unknowns.
- Exponential: A nonlinear type of change that increases in its growth rate. To an observer, this change may happen gradually, then suddenly. Rapid acceleration of seemingly-small shifts.
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Roger Spitz (Disrupt With Impact: Achieve Business Success in an Unpredictable World)
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Few problems are less recognized, but more important than, the accelerating disappearance of the earth’s biological resources. In pushing other species to extinction, humanity is busy sawing off the limb on which it is perched.
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Peter P. Marra (Cat Wars: The Devastating Consequences of a Cuddly Killer)
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these foundational business concepts mental models, and together, they create a solid framework you can rely on to make good decisions. Mental models are concepts that represent your understanding of “how things work.” Think of driving a car: what do you expect when you press down on the right-side pedal? If the car slows down, you’ll be surprised—that pedal is supposed to be the accelerator. That’s a mental model—an idea about how something works in the real world.
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Josh Kaufman (The Personal MBA: Master the Art of Business)
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What is our UN-VICE in the context of Disruption 3.0?
To sum up, UN-VICE is an updated way of capturing the state of the world. Framing the dynamics of systemic disruption as UNknown, Volatile, Intersecting, Complex, Exponential enables an empowering response. We are not helpless victims unable to make decisions. With UN-VICE, we have the power to shape our own futures.
KEY POINTS: OUR UN-VICE ACRONYM
- UNknown: Uncertainty becomes our comfort zone. Recognize you can’t know anything perfectly and many decisions are based on assumptions. Increased uncertainty lowers the value of advice and requires increased self-reliance. Learn how to respond regardless of the lack of precedents.
- Volatile: Harness change for gain. Our world, and change itself, is evolving faster than ever before. Volatility is not new; we simply can’t ignore its impact. In volatility, we see the shifting speed and texture of the changing environment.
- Intersecting: Everything connects to everything else. The broader our lens, the greater the insights gained from realizing how boundaries are disappearing.
- Complex: Notice emergent properties and adapt. In complex environments, inputs do not map clearly to outputs. Practitioners must acknowledge emergent properties and reconcile the immediate with the indefinite. Such systems require critical thinking, experimentation, and judgment. Evaluate emerging issues, build resiliency, and learn to adapt to expanding complexity.
- Exponential: Pay attention to nonlinear types of change that increase in growth rate. Notice rapid acceleration of seemingly small shifts. Monitoring early on will mean fewer surprises.
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Roger Spitz (Disrupt With Impact: Achieve Business Success in an Unpredictable World)
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Entrepreneurs are everywhere. You don’t have to work in a garage to be in a startup. The concept of entrepreneurship includes anyone who works within my definition of a startup: a human institution designed to create new products and services under conditions of extreme uncertainty. That means entrepreneurs are everywhere and the Lean Startup approach can work in any size company, even a very large enterprise, in any sector or industry. 2. Entrepreneurship is management. A startup is an institution, not just a product, and so it requires a new kind of management specifically geared to its context of extreme uncertainty. In fact, as I will argue later, I believe “entrepreneur” should be considered a job title in all modern companies that depend on innovation for their future growth. 3. Validated learning. Startups exist not just to make stuff, make money, or even serve customers. They exist to learn how to build a sustainable business. This learning can be validated scientifically by running frequent experiments that allow entrepreneurs to test each element of their vision. 4. Build-Measure-Learn. The fundamental activity of a startup is to turn ideas into products, measure how customers respond, and then learn whether to pivot or persevere. All successful startup processes should be geared to accelerate that feedback loop. 5. Innovation accounting. To improve entrepreneurial outcomes and hold innovators accountable, we need to focus on the boring stuff: how to measure progress, how to set up milestones, and how to prioritize work. This requires a new kind of accounting designed for startups—and the people who hold them accountable.
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Eric Ries (The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses)
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Family historians are history's speed freaks. Other historians usually begin their stories from a point in the past, advancing gradually forward, covering a few decades, perhaps half a century at most... Family historians, by contrast, work backwards, accelerating wildly across the generations, cutting a swathe through time, like the Grim Reaper himself. In the course of an hour's research, surfing the Web at home or scanning the records in a local Family History Centre, they watch individuals die, marry and be born in series, a dizzying sequence of families falling away and rising up, eras going and coming, wars fizzling out and flaring, cities turning back to fields. The past looks like a hectic, crowded business.
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Alison Light (Common People: The History of An English Family)
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If your product is shaving cream, you can use the headline, “The five things you’d better know about shaving and how many different ways it affects your body.” Plus, you can include tips on how to shave, the best ways to shave, and what every kid should know when it’s time to shave. Cover topics such as the structure of various shaving creams and the impact that shaving has on your skin. You could even give the history of shaving. When did it start? How did it start? Who started it? Get this: if you offer all this advice and plug that Web site every where you’re already promoting your product, the site becomes an information source that folks are going to send other folks to in order to get this information. So information-based marketing accelerates your reach and increases word-of-mouth
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Chet Holmes (The Ultimate Sales Machine: Turbocharge Your Business with Relentless Focus on 12 Key Strategies)
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Historically, noted James Manyika, one of the authors of the McKinsey report, companies kept their eyes on competitors “who looked like them, were in their sector and in their geography.” Not anymore. Google started as a search engine and is now also becoming a car company and a home energy management system. Apple is a computer manufacturer that is now the biggest music seller and is also going into the car business, but in the meantime, with Apple Pay, it’s also becoming a bank. Amazon, a retailer, came out of nowhere to steal a march on both IBM and HP in cloud computing. Ten years ago neither company would have listed Amazon as a competitor. But Amazon needed more cloud computing power to run its own business and then decided that cloud computing was a business! And now Amazon is also a Hollywood studio.
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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What if you want to get across a busy intersection, but you can’t stop? What if you can’t even slow down? Because that’s where you’re at right now. Right now, humanity has to keep accelerating simply to support itself. But from left and right, massive hulks threaten to knock into you. Pandemics, climate change, bigotry, inequality, wars, water scarcity, sea level rise, and some that you do not enough to see yet. You have to dodge them, but you cannot stop, and you cannot slow down.
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Hank Green (A Beautifully Foolish Endeavor (The Carls, #2))
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They [the dying in hospitals] did not blow up in mid-air like Kraft or the dead man in Yossarian's tent, or freeze to death in the blazing summertime the way Snowden had frozen to death after spilling his secret to Yossarian in the back of the plane.
[…]
They didn't take it out on the lam weirdly inside a cloud the way Clevinger had done. They didn't explode into blood and clotted matter. They didn't drown or get struck by lightning, mangled by machinery or crushed in landslides. They didn't get shot to death in hold-ups, strangled to death in rapes, stabbed to death in saloons, bludgeoned to death with axes by parents or children, or die summarily by some other act of God. Nobody choked to death. People bled to death like gentlemen in an operating room or expired without comment in an oxygen tent. There was none of that tricky now-you-see-me-now-you-don't business so much in vogue outside the hospital, none of that now-I-am-and-now-I-ain't. There were no famines or floods. Children didn't suffocate in cradles or iceboxes or fall under trucks. No one was beaten to death. People didn't stick their heads into ovens with the gas on, jump in front of subway trains or come plummeting like dead weights out of hotel windows with a whoosh! accelerating at the rate of thirty-two feet per second to land with hideous plop! on the sidewalk and die disgustingly there in public like an alpaca sack full of hair strawberry ice cream, bleeding, pink toes awry
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Joseph Heller (Catch-22)
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The Law of Accelerating Returns,” Ray Kurzweil did the math and found that we’re going to experience twenty thousand years of technological change over the next one hundred years. Essentially, we’re going from the birth of agriculture to the birth of the internet twice in the next century. This means paradigm-shifting, game-changing, nothing-is-ever-the-same-again breakthroughs—such as affordable aerial ridesharing—will not be an occasional affair. They’ll be happening all the time. It
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Peter H. Diamandis (The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives (Exponential Technology Series))
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Malls in the late forties and early fifties were risky. Suburban customers still believed in making major purchases in the central business districts of cities and towns, where they expected to find the greatest selection of merchandise and the most competitive prices. After the tax laws of 1954, this changed. Shopping mall developers were among the biggest beneficiaries of accelerated depreciation, and they most often located projects where the older strips met the new interchanges of major projects. With the new tax write-offs, over 98 percent of malls made money for their investors.
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Dolores Hayden (Building Suburbia: Green Fields and Urban Growth, 1820-2000)
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if consumer demand should increase for the goods or services of any private business, the private firm is delighted; it woos and welcomes the new business and expands its operations eagerly to fill the new orders. Government, in contrast, generally meets this situation by sourly urging or even ordering consumers to “buy” less, and allows shortages to develop, along with deterioration in the quality of its service. Thus, the increased consumer use of government streets in the cities is met by aggravated traffic congestion and by continuing denunciations and threats against people who drive their own cars. The New York City administration, for example, is continually threatening to outlaw the use of private cars in Manhattan, where congestion has been most troublesome. It is only government, of course, that would ever think of bludgeoning consumers in this way; it is only government that has the audacity to “solve” traffic congestion by forcing private cars (or trucks or taxis or whatever) off the road. According to this principle, of course, the “ideal” solution to traffic congestion is simply to outlaw all vehicles! But this sort of attitude toward the consumer is not confined to traffic on the streets. New York City, for example, has suffered periodically from a water “shortage.” Here is a situation where, for many years, the city government has had a compulsory monopoly of the supply of water to its citizens. Failing to supply enough water, and failing to price that water in such a way as to clear the market, to equate supply and demand (which private enterprise does automatically), New York’s response to water shortages has always been to blame not itself, but the consumer, whose sin has been to use “too much” water. The city administration could only react by outlawing the sprinkling of lawns, restricting use of water, and demanding that people drink less water. In this way, government transfers its own failings to the scapegoat user, who is threatened and bludgeoned instead of being served well and efficiently. There has been similar response by government to the ever-accelerating crime problem in New York City. Instead of providing efficient police protection, the city’s reaction has been to force the innocent citizen to stay out of crime-prone areas. Thus, after Central Park in Manhattan became a notorious center for muggings and other crime in the night hours, New York City’s “solution” to the problem was to impose a curfew, banning use of the park in those hours. In short, if an innocent citizen wants to stay in Central Park at night, it is he who is arrested for disobeying the curfew; it is, of course, easier to arrest him than to rid the park of crime. In short, while the long-held motto of private enterprise is that “the customer is always right,” the implicit maxim of government operation is that the customer is always to be blamed.
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Murray N. Rothbard (For a New Liberty: The Libertarian Manifesto (LvMI))
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Bezos had seemingly made up his mind that he was no longer going to indulge in financial maneuvering as a way to escape the rather large hole Amazon had dug for itself, and it wasn’t just through borrowing Sinegal’s business plan. At a two-day management and board offsite later that year, Amazon invited business thinker Jim Collins to present the findings from his soon-to-be-published book Good to Great. Collins had studied the company and led a series of intense discussions at the offsite. “You’ve got to decide what you’re great at,” he told the Amazon executives. Drawing on Collins’s concept of a flywheel, or self-reinforcing loop, Bezos and his lieutenants sketched their own virtuous cycle, which they believed powered their business. It went something like this: Lower prices led to more customer visits. More customers increased the volume of sales and attracted more commission-paying third-party sellers to the site. That allowed Amazon to get more out of fixed costs like the fulfillment centers and the servers needed to run the website. This greater efficiency then enabled it to lower prices further. Feed any part of this flywheel, they reasoned, and it should accelerate the loop. Amazon executives were elated; according to several members of the S Team at the time, they felt that, after five years, they finally understood their own business. But when Warren Jenson asked Bezos if he should put the flywheel in his presentations to analysts, Bezos asked him not to. For now, he considered it the secret sauce.
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Brad Stone (The Everything Store: Jeff Bezos and the Age of Amazon)
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The same thing, notes Brynjolfsson, happened 120 years ago, in the Second Industrial Revolution, when electrification—the supernova of its day—was introduced. Old factories did not just have to be electrified to achieve the productivity boosts; they had to be redesigned, along with all business processes. It took thirty years for one generation of managers and workers to retire and for a new generation to emerge to get the full productivity benefits of that new power source. A December 2015 study by the McKinsey Global Institute on American industry found a “considerable gap between the most digitized sectors and the rest of the economy over time and [found] that despite a massive rush of adoption, most sectors have barely closed that gap over the past decade … Because the less digitized sectors are some of the largest in terms of GDP contribution and employment, we [found] that the US economy as a whole is only reaching 18 percent of its digital potential … The United States will need to adapt its institutions and training pathways to help workers acquire relevant skills and navigate this period of transition and churn.” The supernova is a new power source, and it will take some time for society to reconfigure itself to absorb its full potential. As that happens, I believe that Brynjolfsson will be proved right and we will start to see the benefits—a broad range of new discoveries around health, learning, urban planning, transportation, innovation, and commerce—that will drive growth. That debate is for economists, though, and beyond the scope of this book, but I will be eager to see how it plays out. What is absolutely clear right now is that while the supernova may not have made our economies measurably more productive yet, it is clearly making all forms of technology, and therefore individuals, companies, ideas, machines, and groups, more powerful—more able to shape the world around them in unprecedented ways with less effort than ever before. If you want to be a maker, a starter-upper, an inventor, or an innovator, this is your time. By leveraging the supernova you can do so much more now with so little. As Tom Goodwin, senior vice president of strategy and innovation at Havas Media, observed in a March 3, 2015, essay on TechCrunch.com: “Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world’s largest accommodation provider, owns no real estate. Something interesting is happening.
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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I was sixteen back then, and I was going to a party with my girlfriend and Earl. Earl was driving, and his new squeeze was in the passenger seat. I was in the back, holding hands with mine. That was such a big thing at that age, clasping the hand of someone you loved. A heady declaration, the closing of a circuit, the joining of two souls. When you get older you don't seem to do it so much. Your hands are generally busy with other things, and every relationship goes through an accelerated evolution. Everyone you meet has an apartment, and either self-confidence or a desperate lack of it: Either tends to make you rush through the hand-holding stage. Sure, you may do it later, but it's not the same. It's like eating your appetizer after your dessert. When you're a grown-up, the only time you get to trace slowly through that delicious progression is when you're having an affair, which I guess is why so many people have affairs. A trip back in time, to when everything had weight, through the medium of unfaithfulness.
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Michael Marshall Smith (One of Us)
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He thought about his mother and what she must have thought about at night in Harlem, not looking out the window to see the few stars shining in the sky, sitting in front of the TV or washing dishes in the kitchen with laughter coming from the TV, black people and white people laughing, telling jokes that she might have thought were funny, although probably she didn’t even pay much attention to what was being said, busy washing the dishes she had just used and the pot she had just used and the fork and spoon she had just used, peaceful in a way that seemed to go beyond simple peacefulness, thought Fate, or maybe not, maybe her peacefulness was just peacefulness and a hint of weariness, peacefulness and banked embers, peacefulness and tranquillity and sleepiness, which is ultimately (sleepiness, that is) the wellspring and also the last refuge of peacefulness. But then peacefulness isn’t just peacefulness, thought Fate. Or what we think of as peacefulness is wrong and peacefulness or the realms of peacefulness are really no more than a gauge of movement, an accelerator or a brake, depending.
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Roberto Bolaño (2666)
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A good metric is a ratio or a rate. Accountants and financial analysts have several ratios they look at to understand, at a glance, the fundamental health of a company. You need some, too.
There are several reasons ratios tend to be the best metrics:
• Ratios are easier to act on. Think about driving a car. Distance traveled is informational. But speed—distance per hour—is something you can act on, because it tells you about your current state, and whether you need to go faster or slower to get to your destination on time.
• Ratios are inherently comparative. If you compare a daily metric to the same metric over a month, you’ll see whether you’re looking at a sudden spike or a long-term trend. In a car, speed is one metric, but speed right now over average speed this hour shows you a lot about whether you’re accelerating or slowing down.
• Ratios are also good for comparing factors that are somehow opposed, or for which there’s an inherent tension. In a car, this might be distance covered divided by traffic tickets. The faster you drive, the more distance you cover—but the more tickets you get. This ratio might suggest whether or not you should be breaking the speed limit.
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Alistair Croll (Lean Analytics: Use Data to Build a Better Startup Faster)
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The only word these corporations know is more,” wrote Chris Hedges, former correspondent for the Christian Science Monitor, National Public Radio, and the New York Times. They are disemboweling every last social service program funded by the taxpayers, from education to Social Security, because they want that money themselves. Let the sick die. Let the poor go hungry. Let families be tossed in the street. Let the unemployed rot. Let children in the inner city or rural wastelands learn nothing and live in misery and fear. Let the students finish school with no jobs and no prospects of jobs. Let the prison system, the largest in the industrial world, expand to swallow up all potential dissenters. Let torture continue. Let teachers, police, firefighters, postal employees and social workers join the ranks of the unemployed. Let the roads, bridges, dams, levees, power grids, rail lines, subways, bus services, schools and libraries crumble or close. Let the rising temperatures of the planet, the freak weather patterns, the hurricanes, the droughts, the flooding, the tornadoes, the melting polar ice caps, the poisoned water systems, the polluted air increase until the species dies. There are no excuses left. Either you join the revolt taking place on Wall Street and in the financial districts of other cities across the country or you stand on the wrong side of history. Either you obstruct, in the only form left to us, which is civil disobedience, the plundering by the criminal class on Wall Street and accelerated destruction of the ecosystem that sustains the human species, or become the passive enabler of a monstrous evil. Either you taste, feel and smell the intoxication of freedom and revolt or sink into the miasma of despair and apathy. Either you are a rebel or a slave. To be declared innocent in a country where the rule of law means nothing, where we have undergone a corporate coup, where the poor and working men and women are reduced to joblessness and hunger, where war, financial speculation and internal surveillance are the only real business of the state, where even habeas corpus no longer exists, where you, as a citizen, are nothing more than a commodity to corporate systems of power, one to be used and discarded, is to be complicit in this radical evil. To stand on the sidelines and say “I am innocent” is to bear the mark of Cain; it is to do nothing to reach out and help the weak, the oppressed and the suffering, to save the planet. To be innocent in times like these is to be a criminal.
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Jim Marrs (Our Occulted History: Do the Global Elite Conceal Ancient Aliens?)
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Libertarianism used to have a robust left wing as well. Both disliked government. Both were driven by a fantastically nostalgic conviction that a country of three hundred million people at the turn of the twenty-first century could and should revert to something like its nineteenth-century self. Both had a familiar American magical-thinking fetish for gold—to return to gold as the foundation of U.S. currency because, they think, only gold is real. However, as the post-Reagan Republican mother ship maintained extreme and accelerating antigovernment fervor—acquiring escape velocity during the 2000s, leaving Earth orbit in the 2010s—libertarianism became a right-wing movement. (Also helpful was the fact that extreme economic libertarians included extremely rich people like the Koch brothers who could finance its spread.) Most Republicans are very selective, cherry-picking libertarians: let business do whatever it wants, but don’t spoil poor people with government handouts; let individuals have gun arsenals but not abortions or recreational drugs or marriage with whomever they wish; and don’t mention Ayn Rand’s atheism. It’s a political movement whose most widely read and influential texts are fiction. “I grew up reading Ayn Rand,” Speaker of the House Paul Ryan has said, “and it taught me quite a bit about who I am and what my value systems are, and what my beliefs are.
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Kurt Andersen (Fantasyland: How America Went Haywire: A 500-Year History)
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There’s a big difference, in other words, between having a mentor guide our practice and having a mentor guide our journey. OUR TYPICAL PARADIGM FOR mentorship is that of a young, enterprising worker sitting across from an elderly executive at an oak desk, engaging in Q& A about how to succeed at specific challenges. On the other hand, a smartcut-savvy mentee approaches things a bit differently. She develops personal relationships with her mentors, asks their advice on other aspects of life, not just the formal challenge at hand. And she cares about her mentors’ lives too. Business owner Charlie Kim, founder of Next Jump and one of my own mentors, calls this vulnerability. It’s the key, he says, to developing a deep and organic relationship that leads to journey-focused mentorship and not just a focus on practice. Both the teacher and the student must be able to open up about their fears, and that builds trust, which in turn accelerates learning. That trust opens us up to actually heeding the difficult advice we might otherwise ignore. “It drives you to do more,” Kim says. The best mentors help students to realize that the things that really matter are not the big and obvious. The more vulnerability is shown in the relationship, the more critical details become available for a student to pick up on, and assimilate. And, crucially, a mentor with whom we have that kind of relationship will be more likely to tell us “no” when we need it—and we’ll be more likely to listen.
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Shane Snow (Smartcuts: The Breakthrough Power of Lateral Thinking)
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As I saw it, there was a 75 percent chance the Fed’s efforts would fall short and the economy would move into failure; a 20 percent chance it would initially succeed at stimulating the economy but still ultimately fail; and a 5 percent chance it would provide enough stimulus to save the economy but trigger hyperinflation. To hedge against the worst possibilities, I bought gold and T-bill futures as a spread against eurodollars, which was a limited-risk way of betting on credit problems increasing. I was dead wrong. After a delay, the economy responded to the Fed’s efforts, rebounding in a noninflationary way. In other words, inflation fell while growth accelerated. The stock market began a big bull run, and over the next eighteen years the U.S. economy enjoyed the greatest noninflationary growth period in its history. How was that possible? Eventually, I figured it out. As money poured out of these borrower countries and into the U.S., it changed everything. It drove the dollar up, which produced deflationary pressures in the U.S., which allowed the Fed to ease interest rates without raising inflation. This fueled a boom. The banks were protected both because the Federal Reserve loaned them cash and the creditors’ committees and international financial restructuring organizations such as the International Monetary Fund (IMF) and the Bank for International Settlements arranged things so that the debtor nations could pay their debt service from new loans. That way everyone could pretend everything was fine and write down those loans over many years. My experience over this period was like a series of blows to the head with a baseball bat. Being so wrong—and especially so publicly wrong—was incredibly humbling and cost me just about everything I had built at Bridgewater. I saw that I had been an arrogant jerk who was totally confident in a totally incorrect view. So there I was after eight years in business, with nothing to show for it. Though I’d been right much more than I’d been wrong, I was all the way back to square one.
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Ray Dalio (Principles: Life and Work)
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Naval’s Laws The below is Naval’s response to the question “Are there any quotes you live by or think of often?” These are gold. Take the time necessary to digest them. “These aren’t all quotes from others. Many are maxims that I’ve carved for myself.” Be present above all else. Desire is suffering (Buddha). Anger is a hot coal that you hold in your hand while waiting to throw it at someone else (Buddhist saying). If you can’t see yourself working with someone for life, don’t work with them for a day. Reading (learning) is the ultimate meta-skill and can be traded for anything else. All the real benefits in life come from compound interest. Earn with your mind, not your time. 99% of all effort is wasted. Total honesty at all times. It’s almost always possible to be honest and positive. Praise specifically, criticize generally (Warren Buffett). Truth is that which has predictive power. Watch every thought. (Always ask, “Why am I having this thought?”) All greatness comes from suffering. Love is given, not received. Enlightenment is the space between your thoughts (Eckhart Tolle). Mathematics is the language of nature. Every moment has to be complete in and of itself. A Few of Naval’s Tweets that are Too Good to Leave Out “What you choose to work on, and who you choose to work with, are far more important than how hard you work.” “Free education is abundant, all over the Internet. It’s the desire to learn that’s scarce.” “If you eat, invest, and think according to what the ‘news’ advocates, you’ll end up nutritionally, financially, and morally bankrupt.” “We waste our time with short-term thinking and busywork. Warren Buffett spends a year deciding and a day acting. That act lasts decades.” “The guns aren’t new. The violence isn’t new. The connected cameras are new, and that changes everything.” “You get paid for being right first, and to be first, you can’t wait for consensus.” “My one repeated learning in life: ‘There are no adults.’ Everyone’s making it up as they go along. Figure it out yourself, and do it.” “A busy mind accelerates the passage of subjective time.
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Timothy Ferriss (Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers)
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Sexual Excitation System (SES). This is the accelerator of your sexual response. It receives information about sexually relevant stimuli in the environment—things you see, hear, smell, touch, taste, or imagine—and sends signals from the brain to the genitals to tell them, “Turn on!” SES is constantly scanning your context (including your own thoughts and feelings) for things that are sexually relevant. It is always at work, far below the level of consciousness. You aren’t aware that it’s there until you find yourself turned on and pursuing sexual pleasure. Sexual Inhibition System (SIS). This is your sexual brake. “Inhibition” here doesn’t mean “shyness” but rather neurological “off” signals. Research has found that there are actually two brakes, reflecting the different functions of an inhibitory system. One brake works in much the same way as the accelerator. It notices all the potential threats in the environment—everything you see, hear, smell, touch, taste, or imagine—and sends signals saying, “Turn off!” It’s like the foot brake in a car, responding to stimuli in the moment. Just as the accelerator scans the environment for turn-ons, the brake scans for anything your brain interprets as a good reason not to be aroused right now—risk of STI transmission, unwanted pregnancy, social consequences, etc. And all day long it sends a steady stream of “Turn off!” messages. This brake is responsible for preventing us from getting inappropriately aroused in the middle of a business meeting or at dinner with our family. It’s also the system that throws the Off switch if, say, in the middle of some nookie, your grandmother walks in the room. The second brake is a little different. It’s more like the hand brake in a car, a chronic, low-level “No thank you” signal. If you try to drive with the hand brake on, you might be able to get where you want to go, but it’ll take longer and use a lot more gas. Where the foot brake is associated with “fear of performance consequences,” the hand brake is associated with “fear of performance failure,” like worry about not having an orgasm.
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Emily Nagoski (Come as You Are: The Surprising New Science that Will Transform Your Sex Life)
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Elvis was pretty slick. Nonetheless, I knew that he was cheating. His four-of-a-kind would beat my full house. I had two choices. I could fold my hand and lose all the money I’d contributed to the pot, or I could match Elvis’s bet and continue to play. If a gambler thought he was in an honest game, he would probably match the bet thinking his full house was a sure winner. The con artist would bet large amounts of money on the remaining cards, knowing he had a winning hand. I narrowed my eyes and pursed my lips, as if struggling to decide whether to wager five hundred pesos or fold my hand and call it quits. I knew there were five men between me and the door and watched them from the corner of my eye. Even if I folded and accepted my losses, I knew they would not let me leave without taking all my cash. They had strength in numbers and would strong arm me if they could. The men stared, intently watching my next move. I set down my beer and took five one hundred peso notes from my wallet. The men at the bar relaxed. My adrenaline surged, pumping through my brain, sharpening my focus as I prepared for action. I moved as if to place my bet on the table, but instead my hand bumped my beer bottle, spilling it onto Elvis’ lap. Elvis reacted instinctively to the cold beer, pushing back from the table and rising to his feet. I jumped up from my chair making a loud show of apologizing, and in the ensuing pandemonium I snatched all the money off the table and bolted for the door! My tactics took everyone by complete surprise. I had a small head start, but the Filipinos recovered quickly and scrambled to cut off my escape. I dashed to the door and barely made it to the exit ahead of the Filipinos. The thugs were nearly upon me when I suddenly wheeled round and kicked the nearest man square in the chest. My kick cracked ribs and launched the shocked Filipino through the air into the other men, tumbling them to the ground. For the moment, my assailants were a jumble of tangled bodies on the floor. I darted out the door and raced down the busy sidewalk, dodging pedestrians. I looked back and saw the furious Filipinos swarming out of the bar. Running full tilt, I grabbed onto the rail of a passing Jeepney and swung myself into the vehicle. The wide-eyed passengers shrunk back, trying to keep their distance from the crazy American. I yelled to the driver, “Step on the gas!” and thrust a hundred peso note into his hand. I looked back and saw all six of Johnny’s henchmen piling onto one tricycle. The jeepney driver realized we were being pursued and stomped the gas pedal to the floor. The jeepney surged into traffic and accelerated away from the tricycle. The tricycle was only designed for one driver and two passengers. With six bodies hanging on, the overloaded motorcycle was slow and unstable. The motorcycle driver held the throttle wide open and the tricycle rocked side to side, almost tipping over, as the frustrated riders yelled curses and flailed their arms futilely. My jeepney continued to speed through the city, pulling away from our pursuers. Finally, I could no longer see the tricycle behind us. When I was sure I had escaped, I thanked the driver and got off at the next stop. I hired a tricycle of my own and carefully made my way back to my neighborhood, keeping careful watch for Johnny and his friends. I knew that Johnny was in a frustrated rage. Not only had I foiled his plans, I had also made off with a thousand pesos of his cash. Even though I had great fun and came out of my escapade in good shape, my escape was risky and could’ve had a very different outcome. I feel a disclaimer is appropriate for those people who think it is fun to con street hustlers, “Kids. Don’t try this at home.
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William F. Sine (Guardian Angel: Life and Death Adventures with Pararescue, the World's Most Powerful Commando Rescue Force)
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Understand that you no longer sell products or solutions. You sell outcomes in the form of performance acceleration and improved business outcomes.
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Anthony Iannarino (The Only Sales Guide You'll Ever Need)
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Accelerated Mobile Pages, or AMP.
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Parth Detroja (Swipe to Unlock: The Primer on Technology and Business Strategy)
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If the key to inclusion means seeing someone for who they are even if they come in a color or gender that you’re not used to, then it follows that hiring people on the basis of color or gender will actually defeat your inclusion program. You won’t see the person, you will just see the package. This seems obvious enough, but it’s actually trickier to understand than it would seem, because if you are hiring your own race or gender then you can see them just fine. If a woman hires a woman, there will probably be no problem later. If a man does it, then he runs a strong chance that he’ll only see that she’s a woman and not who she really is. Because most advisors on inclusion come from the groups being included, they often miss this point. And this is why hiring women and minorities into senior positions usually accelerates your inclusion efforts.
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Ben Horowitz (What You Do Is Who You Are: How to Create Your Business Culture)
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For a well-defined, standard, and stable process involving hand-offs between people and systems, it is preferable to use a smart workflow platform. Such platforms offer pre-developed modules. These are ready-to-use automation programs customized by industry and by business function (e.g., onboarding of clients in retail banking). In addition, they are modular. For example, a module might include a form for client data collection, and another module might support an approval workflow. In addition, these modules can be linked to external systems and databases using connectors, such as application programming interfaces (APIs), which enable resilient data connectivity. Hence, with smart workflows, there is no need to develop bespoke internal and external data bridges. This integration creates a system with high resiliency and integrity. In addition, the standardization by industry and function of these platforms, combined with the low-code functionality, helps to accelerate the implementation.
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Pascal Bornet (INTELLIGENT AUTOMATION: Learn how to harness Artificial Intelligence to boost business & make our world more human)
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quality or qualities that would be necessary for business success in the twenty-first century. It finally concluded that the most important quality required for success would be "flexibility.” It would be the ability to rapidly react and respond to the accelerating rate of change in all areas. The development of this attitude of flexibility, accepting that "the answers have changed,” would give an individual or organization a tremendous advantage over more rigid and inflexible competitors.
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Brian Tracy (Get Smart!)
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once a technology becomes digital—that is, once it can be programmed in the ones and zeroes of computer code—it hops on the back of Moore’s Law and begins accelerating exponentially.
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Peter H. Diamandis (The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives)
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The decision process in large public or private organizations is often driven by strategic goals or value of investments to its stakeholders while making the organization stronger and sustainable.
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Shyam Varan Nath (Industrial Digital Transformation: Accelerate digital transformation with business optimization, AI, and Industry 4.0)
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It took me a couple of years after I woke up in that cold sweat to figure out what flag I was going to plant, and then how to do something with it. Using the process in Step 1, I found the things that I wanted to be known for and the work that I was passionate about. And then I started telling my story all the time to anyone who would actually listen. For me, this story was around Lean UX because of who I was at the time. I created a pitch based on design for designers, by designers, to change the way that they were working. And I honed that voice and that tone and that dialogue by telling the story over and over and over again using blog posts and articles and eventually in-person talks. The first talk I ever gave as a part of my new professional trajectory was on August 12, 2010. I told the story about how we solved the problem of integrating UX into Agile at TheLadders. And then the timeline started to accelerate from there. A month later, on September 24, I gave my first talk about Lean UX and it was in Paris. I was communicating about this topic publicly, and people were saying, “Hey, come give us a talk about it.” And I was writing about the topic in any publication that would actually listen to this kind of thing. I kept speaking and writing and making presentations, and as I got my ideas out into the world and put them into play in any way I could, on March 7, 2011, I finally hit the jackpot. This was three years after I had my 35th-birthday epiphany and the pressure was on—I knew I had just two years left before I was going to become obsolete, an also-ran. I hit the jackpot when I managed to get an article published in Smashing magazine. At the time, Smashing had a million readers online, and so the scale of my conversation was growing and growing because I was becoming known as the guy who had some answers to this question. That was a massive break for me because the article provided me with a global audience for the first time. Obviously, anything you publish on the internet is global and distributed, but the bottom line is that, if the platform you choose or that chooses you has a built-in audience, you stand a much bigger chance. Smashing magazine had an audience. The article, titled “Lean UX: Getting Out of the Deliverables Business” became very successful, and that’s where I planted my flag—providing solutions to the Agile and design problem with a real-world tested solution nicely packaged and labeled as Lean UX.
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Jeff Gothelf (Forever Employable: How to Stop Looking for Work and Let Your Next Job Find You)
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the ability to move from idea and invention to technologies and innovation and finally into the marketplace. This is not something that necessarily happens fast—energy is not software. After all, the lithium battery was invented in the middle 1970s but took more than three decades before beginning to power cars on the road. The modern solar photovoltaics and wind industries began in the early 1970s but did not begin to attain scale until after 2010. Yet the pace of innovation is accelerating, as is the focus, owing in part to the climate agenda and government support, in part to decisions by investors, in the part to the collaboration of different kinds of companies and innovators, and in part to the convergence of technologies and capabilities—from digital to new materials to artificial intelligence and machine learning to business models and more.
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Daniel Yergin (The New Map: Energy, Climate, and the Clash of Nations)
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exciting application is in physical therapy, where virtual reality combined with AI can create immersive, engaging therapeutic exercises. This approach can motivate patients, making therapy more enjoyable and effective. Moreover, AI-powered assistive technologies can significantly enhance the quality of life for those with physical or cognitive disabilities. For example, AI-enabled communication devices can help those with speech impairments express themselves, promoting their social inclusion and independence (“AI Enhancing Human Experience in Healthcare, ” 2021).
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AD Al-Ghourabi (AI in Business and Technology: Accelerate Transformation, Foster Innovation, and Redefine the Future)
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The Great Resignation was big. Millions of people around the world quit their jobs rather than returning to the status quo of their working lives before the COVID-19 pandemic and the resulting global lockdown. The pandemic only accelerated trends that had been building for most of the century. Over the last four decades, the half-life of learned skills has dropped from 30 years to fewer than four, in large part because of the accelerating pace of change driven by the tech revolution. According to noted business visionary John Seely, this trend will continue to accelerate in the years ahead. While employees were forced to work at home, the reason they could work at home was thanks to technological breakthroughs like Zoom, smartphones, ultra-high-speed broadband, and more.
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Salim Ismail (Exponential Organizations 2.0: The New Playbook for 10x Growth and Impact)
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the world of business continued to move ever rapidly to the global village, accelerated by changing political, social, and economic forces enabled by air travel and communications technology.
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Fons Trompenaars (Riding the Waves of Culture, Fourth Edition: Understanding Diversity in Global Business)
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In June 2011, at Carnegie Mellon University, the President announced the Materials Genome Initiative, a nationwide effort to use open source methods and artificial intelligence to double the pace of innovation in materials science. Obama felt this acceleration was critical to America’s global competitiveness, and held the key to solving significant challenges in clean energy, national security, and human welfare. And it worked.
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Peter H. Diamandis (The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives (Exponential Technology Series))
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The Amazon flywheel (also known as “The Virtuous Cycle,” where a complex chain of events reinforces itself through a feedback loop) defined what inputs were needed to accelerate growth–and that flywheel remains virtually unchanged today.
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Steve Anderson (The Bezos Letters: 14 Principles to Grow Your Business Like Amazon)
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In the second year of the Trump presidency, I attended a dinner of American hedge funders in Hong Kong. I was there as a guest speaker, to survey the usual assortment of global hot spots. A thematic question emerged from the group—was the “Pax Americana” over? There was a period of familiar cross-talk about whether Trump was a calamitous force unraveling the international order or merely an impolitic Republican politician advancing a conventional agenda. I kept interjecting that Trump was ushering in a new era—one of rising nationalist competition that could lead to war and unchecked climate change, to the implosion of American democracy and the accelerated rise of a China that would impose its own rules on the world. Finally, one of the men at the table interrupted with some frustration. He demanded a show of hands—how many around the table had voted for Trump, attracted by the promise of tax cuts and deregulation? After some hesitation, hand after hand went up, until I was looking at a majority of raised hands. The tally surprised me. Sure, I understood the allure of tax cuts and deregulation to a group like that. But these were also people who clearly understood the dangers that Trump posed to American democracy and international order. The experience suggested that even that ambiguous term “Pax Americana” was subordinate to the profit motive that informed seemingly every aspect of the American machinery. I’d come to know the term as a shorthand for America’s sprawling global influence, and how—on balance—the Pax Americana offered some stability amid political upheavals, some scaffolding around the private dramas of billions of individual lives. From the vantage point of these bankers, the Pax Americana protected their stake in international capital markets while allowing for enough risk—wars, coups, shifting energy markets, new technologies—so that they could place profitable bets on the direction of events. Trump was a bet. He’d make it easier for them to do their business and allow them to keep more of their winnings, but he was erratic and hired incompetent people—so much so that he might put the whole enterprise at risk. But it was a bet that enough Americans were willing to make, including those who knew better. From the perspective of financial markets, I had just finished eight years in middle management, as a security official doing his small part to keep the profit-generating ocean liner moving. The debates of seemingly enormous consequence—about the conduct of wars, the nature of national identity, and the fates of many millions of human beings—were incidental to the broader enterprise of wealth being created.
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Ben Rhodes (After the Fall: Being American in the World We've Made)
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Understanding that the change we’re experiencing is accelerating is half the battle
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Roland Wijnen (Business Model Shifts: Six Ways to Create New Value For Customers)
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In the autumn after his graduation, Dahmer enrolled at Ohio State University but spent most of his time drinking and drunk. He rarely went to class and never completed assignments. He was kicked out of school after the first term. His father and he began to argue about his drinking and his father threatened to throw him out of the house. During one of their discussions, his father mentioned that the military might provide some direction to his life, thinking it would make a man out of him. Dahmer never wanted to become a soldier, but he loved his dad and wanted to please him; besides, he thought it would be an opportunity to see the world and maybe forget about the dismembered body in the woods. Jeff signed up for four years and received training as an army medic. Boot camp was difficult, but it challenged him mentally and physically. He began to feel good about himself and was too busy to think about his secret. He deployed to Germany and bunked with several other soldiers. After his shift, he had a lot of free time and began to frequent the beer gardens. His drinking soon accelerated and eventually got him into trouble.
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Patrick Kennedy (GRILLING DAHMER: The Interrogation Of "The Milwaukee Cannibal")
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And the machine felt nothing. As far as it was concerned, the whole world was a math problem. A formula pitting revenue vs. costs. It plugged the numbers in for the variables and went with the cost-effective plan. If it were more profitable to dump toxic sludge into the ground and pay the EPA fines later, so be it. If it were a better deal to spend $3 million to lobby congress so they could bend the law in the company’s favor, the machine paid up. If it cost too much to recall the faulty accelerators, it left them and settled with the families of the dead out of court. The costs to the environment, the human costs, these things did not compute, did not matter. Just the raw dollars, please, the only things that possessed real value in our society. This was business. This was America.
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L.T. Vargus (Bad Blood (Violet Darger #4))
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When you’re talking to a bunch of corporate guys about eighteen to twenty years in the future, when none of those guys will still be in the company, they don’t get too excited about it,” Sasson later recalled.116
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Azeem Azhar (The Exponential Age: How Accelerating Technology is Transforming Business, Politics and Society)
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Under the right circumstances, this can accelerate the growth of a business considerably while allowing the owner to retain ownership, reduced taxes, and lower interest rates.
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Premanand Chandrasekaran (Domain-Driven Design with Java - A Practitioner's Guide: Create simple, elegant, and valuable software solutions for complex business problems)
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Financial debt is the act of borrowing money from an outside party to quickly finance the operations of a business—with the promise to repay the principal plus the agreed-upon rate of interest in a timely manner. Under the right circumstances, this can accelerate the growth of a business considerably while allowing the owner to retain ownership, reduced taxes, and lower interest rates. On the other hand, the inability to pay back this debt on time can adversely affect credit rating, result in higher interest rates, cash flow difficulties, and other restrictions.
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Premanand Chandrasekaran (Domain-Driven Design with Java - A Practitioner's Guide: Create simple, elegant, and valuable software solutions for complex business problems)
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as I was studying the Shareholder Letters, I realized they split into repeatable Growth Cycles that Bezos applies to pretty much every endeavor: test, build, accelerate, and scale with the principles falling into each area.
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Steve Anderson (The Bezos Letters: 14 Principles to Grow Your Business Like Amazon)
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Being a medicine delivery app development company, we developed a pharmacy app solution which can easily accelerate the growth of your pharmacy business.
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Justin Samuel
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Helium-3 is made under extreme pressure and extreme heat. It was made when the moon ripped out of the Earth and flew into orbit around it, and continues to be made by solar winds down countless millions of years. Scientists can make only minuscule amounts, at a cost of billions of dollars, in the accelerator at Cern. Getting it from the moon – where it would be ‘mined’ from the dust and then heated to release the gas itself – would not be wildly expensive, nor beyond our ability. Helium-3 could supply all of the Earth’s energy needs way into the future by using fusion, which is both clean and safe.
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Richard Branson (Losing My Virginity: How I've Survived, Had Fun, and Made a Fortune Doing Business My Way)
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and accelerator of performance
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Mary Lacity (Nine Keys to World-Class Business Process Outsourcing)
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Gate Reviews focus on questions around acceptable levels of risk, strategic alignment and business value.
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Katherine Radeka (When Agile Gets Physical: How to Use Agile Principles to Accelerate Hardware Development)
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I can't stress enough: when doing business with friends, the agreement needs to be ironclad. The terms need to be crystal clear. THe more you leave open to interpretation, the more one party will make assumptions based on friendship rather than business. Sometimes we avoid these conversations because we don't want our friends to think we don't believe in them, but it's always better to discuss contingency plans before you need them.
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Lauren Wesley Wilson (What Do You Need?: How Women of Color Can Take Ownership of Their Careers to Accelerate Their Path to Success)
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There will always be new business opportunities. If you say no to one deal, another will come along. But you can't replace a friend. Sure you will make new ones, but the people who have known you outside the office, maybe since before your career even started, those relationships can't just be replaced.
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Lauren Wesley Wilson (What Do You Need?: How Women of Color Can Take Ownership of Their Careers to Accelerate Their Path to Success)
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Accelerate Your Learning with a Questionnaire QUESTIONS TO ASK ABOUT THE PAST Performance How well or poorly has the company performed in the past? What goals were set? What kind of benchmarks were employed? What actions were taken when goals were not reached? What initiatives for change were made in the past? Who was most responsible for change initiatives? How effective or ineffective were these attempts at change? What drivers have had a positive impact on performance? Why? What drivers have had a negative impact on performance? Why? How have the company’s strategy, structure, technical capabilities, culture, and politics impacted performance? QUESTIONS TO ASK ABOUT THE PRESENT Vision and Strategy Does the company have a clear vision statement? If so, what is it? Does the company have a clear articulation of strategy? If so, what is it? Is the company’s strategy being executed optimally? If not, why not? If so, will this strategy win? The Team Who is exceptional? Who is competent and capable? Who is not competent and capable? Who deserves the company’s total confidence? Who does not deserve the company’s total confidence? Who are the influencers on the team? What are the sources of their influence? Company Policies and Processes What are the company’s most significant practices and processes? Do the essential practices and processes promote value, productivity, and safety? What can be done to improve performance of practices and processes? Latent Risks and Hazards Are there latent risks and hazards that threaten the performance of the company? Is the company subject to cultural/political risks or peril? What are they? Easy Victories to Score Where and what are business areas in which easy and early wins can be scored? QUESTIONS ABOUT THE FUTURE Near-Future Challenges and Problems What challenges and problems will the business likely encounter in the coming year? How should we prepare to meet and overcome them? Near-Future Opportunities What unexploited opportunities lie ahead? What do we need to realize them? Obstacles What significant obstacles do we face ahead? What do we need to do now to prepare to overcome these obstacles? Company Culture Is the company culture in need of change? Which aspects of the company culture should be preserved? Which aspects should be changed?
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Bill Canady (The 80/20 CEO: Take Command of Your Business in 100 Days)
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best market research companies in Myanmar: With AMT Market Research, you can learn more about Myanmar, a new market with a lot of potential. It is becoming a popular destination for businesses looking to expand in Southeast Asia. However, a thorough comprehension of the local consumer behavior, trends, and regulatory frameworks is necessary for successfully navigating this dynamic and rapidly changing landscape. AMT Market Research, one of the best market research companies in Myanmar, steps in to help businesses thrive by providing actionable insights and data-driven strategies.
What Attracts You to AMT Market Research?
AMT Market Research is well-known for providing customized, dependable, and comprehensive market research services. With a solid presence in Myanmar, AMT has been at the bleeding edge of assisting both neighborhood and worldwide organizations with figuring out the complexities of this one of a kind market. AMT stands out as one of the best market research companies in Myanmar for the following reasons:
Local Knowledge: Myanmar is a nation with distinctive social, cultural, and ec onomic characteristics. AMT Market Research employs seasoned professionals who are well-versed in the dynamics of the local market. They provide in-depth knowledge of consumer behavior, upcoming trends, and potential obstacles unique to Myanmar's market.
A Variety of Services: AMT Market Research offers a wide range of services, such as consumer research, competitor analysis, brand positioning, and product testing. Each client receives a service that is tailored to meet their specific requirements, ensuring that insights are accurate and actionable.
Insights Driven by Data: To collect data, AMT makes use of cutting-edge research methods like qualitative and quantitative methods. AMT makes sure that the data it collects—from focus groups and surveys to in-depth interviews and field studies—is relevant and aids businesses in making informed decisions.
Research on a Specific Sector: AMT Market Research provides industry-specific studies for businesses in the retail, telecom, healthcare, FMCG, and financial sectors. Businesses can more effectively target their audience and optimize their strategies using precise data thanks to this sector-specific approach.
Strategic Entry into a Market: AMT provides strategic insights that can assist businesses attempting to navigate the complexities of market entry for the Myanmar market. AMT assists businesses in avoiding costly errors and accelerating growth by comprehending regulatory frameworks and determining the appropriate distribution channels.
AMT Market Research's Advantages Accurate Data Collection: Get a clear picture of the market by having access to accurate, real-time data.
Recommendations for Taking Action: AMT provides recommendations that assist businesses in taking immediate action in addition to providing data.
Cost-effective Options: AMT Market Research is a cost-effective option for businesses of all sizes because they offer competitive pricing for their services.
Conclusion: AMT Market Research is your go-to partner if you want your business in Myanmar to succeed long-term and with knowledge. AMT is one of the best market research companies in Myanmar thanks to their data-driven approach, extensive expertise, and wide range of services. Partner with AMT Market Research right away to empower your business with important insights!
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best market
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In fact, when you're doing business with friends you should be even more deliberate about discussing startegy and outlining clear goals and business practices. I didn't want to risk the relationship by having these hard conversations or seeming unsupportive, so in the end I said yes... and our friendship was still affected.
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Lauren Wesley Wilson (What Do You Need?: How Women of Color Can Take Ownership of Their Careers to Accelerate Their Path to Success)
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Relationships are tricky and always changing. Successfully clibing the prefessional ladder is just one more variable that can make them that much more complicated. Knowing how to hold the boundaries between your personal life and your professional life isn't just about getting ahead, it's about maintaining some joy while you do so. It 's about keeping your relationsips intact on both sides of the line. Conquering your career can feel like a lonely business, so you'll need your people by your side - at home and at work
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Lauren Wesley Wilson (What Do You Need?: How Women of Color Can Take Ownership of Their Careers to Accelerate Their Path to Success)
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At the same time that the Mayor and City Council acted courageously and progressively in ridding the city of those monuments to a loathsome past, the new regime that removal celebrates, as some skeptics note, rests on commitments to policies that intensify economic inequality on a scale that makes New Orleans one of the most unequal cities in the United States. ... Local government contributes to this deepening inequality through such means as cuts to the public sector, privatization of public goods and services, and support of upward redistribution through shifting public resources from service provision to subsidy for private, rent-intensifying redevelopment (commonly but too ambiguously called "gentrification"). These processes, often summarized as neoliberalization, do not target blacks as blacks, and, as in other cities, coincided with the emergence of black public officialdom in and after the elder Landrieu's mayoralty and continued unabated through thirty-two years of black-led local government between two Landrieus and into the black-led administration that succeeded Mitch.
Both the processes of neoliberalization and racial integration of the city's governing elite accelerated in the aftermath of Hurricane Katrina. It may seem ironic because of how the visual imagery of dispossession and displacement after Katrina came universally to signify the persistence of racial injustice, but a generally unrecognized feature of the post-Katrina political landscape is that the city's governing class is now more seamlessly interracial than ever. That is, or should be, an unsurprising outcome four decades after racial transition in local government and the emergence and consolidation of a strong black political and business class, increasingly well incorporated into the structures of governing. It has been encouraged as well by the city's commitment to cultural and heritage tourism, which, as comes through in Mayor Landrieu's remarks on the monuments, is anchored to a discourse of multiculturalism and diversity. And generational succession has brought to prominence cohorts among black and white elites who increasingly have attended the same schools; lived in the same neighborhoods; participated in the same voluntary associations; and share cultural and consumer tastes, worldviews, and political and economic priorities.
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Adolph L. Reed Jr. (The South: Jim Crow and Its Afterlives (Jacobin))
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Balfour Beatty The economic crisis really galvanised us as a business. I think it accelerated a lot of things that were in train anyway and gave them a real impetus. We’re more aware of the need to be more revolutionary than evolutionary. We always knew we would need to expand into emerging markets, but since the crisis we are much more definite about how to do this. We have been much clearer about finding the right people and devising the right management structure, and how joint ventures and strategic alliances should be organised. It is all very deliberate and open – it is no longer a distant plan, it is under way. Richard Gartside Eisenhardt and Brown argue that the ability to reshape a business is critical in turbulent markets. It is not the same as traditional
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Michel Syrett (Managing Uncertainty: Strategies for surviving and thriving in turbulent times)
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Think about what you sell in terms of how it eases or prevents pain for your client.
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Diane Helbig (Lemonade Stand Selling: Accelerate Your Small Business Growth)
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Active prospecting let's people know that they matter; that you've sought them out.
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Diane Helbig (Lemonade Stand Selling: Accelerate Your Small Business Growth)
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When you network you develop a list of resources that you can share with others. This increases your value to those prospects and clients you deal with.
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Diane Helbig (Lemonade Stand Selling: Accelerate Your Small Business Growth)
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Successful selling begins with listening. Your job when you are in front of the prospect is to ask questions and then listen to the answers. Take copious notes about what they tell you; what they say and what they don't say.
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Diane Helbig (Lemonade Stand Selling: Accelerate Your Small Business Growth)
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Being able to pick and read good waves is almost more important than surfing well.
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Shane Snow (Smartcuts: How Hackers, Innovators, and Icons Accelerate Success)
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More typical, however, are tail-chasing proclamations like this one, which can be found on the website of the MIT Innovation Initiative: “The MIT Innovation Initiative is an Institute-wide, multi-year agenda to transform the Institute’s innovation ecosystem—internally, around the globe and with its partners—for accelerated impact well into the 21st century.”20 This sounds distinctly like bullshit, but if MIT wants to think of itself in such a way, that’s their business. The problem arises when we enshrine innovation as a public philosophy—when we look to it as the solution to our economic ills and understand it as the guide for how economies ought to parcel out rewards. To put it bluntly, it is not clear that cheering for innovation in the bombastic way we see in the blue states actually improves the economic well-being of average citizens. For example, the last fifteen years have been a golden age of financial and software innovation, but they have been feeble in terms of GDP growth. In ideological terms, however, innovation definitely works: as a way of excusing soaring inequality and explaining the exalted status of the rich, it is the best we’ve got.
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Thomas Frank (Listen, Liberal: Or, What Ever Happened to the Party of the People?)
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Paul Graham is the founder of Y Combinator, one of the most successful and sought-after startup accelerators in the tech world. Graham has invested in several blockbuster companies, including AirBNB and Dropbox, both of which are valued in the billions at the time of this writing. After investing in hundreds of companies and considering thousands more, Paul Graham has perfected the art of identifying promising startups. His methods may surprise you. In an interview, Graham highlighted two key strategies: Favoring people over product Favoring determination over intelligence What’s most essential for a successful startup? Graham: The founders. We’ve learned in the six years of doing Y Combinator to look at the founders—not the business ideas—because the earlier you invest, the more you’re investing in the people. When Bill Gates was starting Microsoft, the idea that he had then involved a small-time microcomputer called the Altair. That didn’t seem very promising, so you had to see that this 19-year-old kid was going places. What do you look for? Graham: Determination. When we started, we thought we were looking for smart people, but it turned out that intelligence was not as important as we expected. If you imagine someone with 100 percent determination and 100 percent intelligence, you can discard a lot of intelligence before they stop succeeding. But if you start discarding determination, you very quickly get an ineffectual and perpetual grad student.[74] Your intelligence doesn’t matter as much as you think it does. If you’re reading this book, you’re probably more than capable. Your ideas don’t matter much, either. What matters most—by far, is your perseverance. Stop worrying about your mental aptitude. Stop worrying about the viability of the project you’re considering. Stop worrying about all the other big decisions keeping you up at night. Instead, focus on relentlessly grinding away at your passion until something incredible happens. Your potential output is governed by your mindset, not your mind itself.
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Jesse Tevelow (The Connection Algorithm: Take Risks, Defy the Status Quo, and Live Your Passions)
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When you press the pause button on a machine, it stops. But when you press the pause button on human beings they start,” argues my friend and teacher Dov Seidman, CEO of LRN, which advises global businesses on ethics and leadership. “You start to reflect, you start to rethink your assumptions, you start to reimagine what is possible and, most importantly, you start to reconnect with your most deeply held beliefs. Once you’ve done that, you can begin to reimagine a better path.” But
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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But now, for millions of Americans, the magic of the dream is tarnished. Something is not right and an alien sense of discomfort grips the dreamer. Despite the excitement and promise that heralded globalization, American business seems frenzied and fickle. Many Fortune 500 companies, once considered havens of lifetime employment, have transformed themselves into profit-driven workaholic cults. The scramble for “the dream” demands a lengthened workday, diminished sleep, continuous learning, unusual energy, and a high tolerance for financial insecurity. To be “successful” is to be a multitasking dynamo. We rise early and burn the lights late. We exercise to CNN at breakfast and telephone while driving, for there’s not a moment to lose. At dinner we graze on snacks and fast food, but with a laptop computer as the preferred companion. In the culture of global commerce, which is etched most visibly on the face of America but increasingly apparent in Europe and other industrialized nations, the quest for economic prosperity has become a competitive high-speed game. For some the pursuit is seductive—as when I rise at dawn in Los Angeles to dine at dusk in New York—and it offers a mask of accomplishment and purpose. But for those snarled in traffic jams and crowded airport lounges, and for the lonely children who do not understand, America’s accelerated lifestyle is increasingly a source of anxiety and frustration. Thus
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Peter C. Whybrow (American Mania: When More is Not Enough)
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When the Web emerged, companies, led by Yahoo, started to organize it for consumers. Yahoo began as a directory of directories. Anytime someone put up a new website, Yahoo would add it to its directory, and then it started breaking websites down into groups—finance, news, sports, business, entertainment, et cetera. “And then search came along,” said Cutting, “and Web search engines, like AltaVista, started cropping up.
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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It is the equivalent of a “phase change” in chemistry from a solid to a liquid. What is the feature of something solid? It is full of friction. What is the feature of a liquid? It feels friction-free. When you simultaneously take the friction and complexity out of more and more things and provide interactive one-touch solutions, all kinds of human-to-human and business-to-consumer and business-to-business interactions move from solids to liquids, from slow to fast, from their complexity being a burden and full of friction to their complexity becoming invisible and frictionless. And so whatever you want to move, compute, analyze, or communicate can be done with less effort. As
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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Drawing on Collins’s concept of a flywheel, or self-reinforcing loop, Bezos and his lieutenants sketched their own virtuous cycle, which they believed powered their business. It went something like this: Lower prices led to more customer visits. More customers increased the volume of sales and attracted more commission-paying third-party sellers to the site. That allowed Amazon to get more out of fixed costs like the fulfillment centers and the servers needed to run the website. This greater efficiency then enabled it to lower prices further. Feed any part of this flywheel, they reasoned, and it should accelerate the loop.
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Brad Stone (The Everything Store: Jeff Bezos and the Age of Amazon)
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The digital board needs to know when to push the gas pedal to accelerate the business speed, and when to push the brake to practice governance discipline.
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Pearl Zhu (Digital Boardroom: 100 Q&as)
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Of course, the speed at which any society embraces these strategies will always be a product of the interplay between politics, culture, and leadership. Culture shapes a society’s political responses, and its leadership and politics, in turn, shape culture. What exactly is culture? I like this concise definition offered by BusinessDictionary.com: culture is the “pattern of responses discovered, developed, or invented during the group’s history of handling problems which arise from interactions among its members, and between them and their environment. These responses are considered the correct way to perceive, feel, think, and act, and are passed on to the new members through immersion and teaching. Culture determines what is acceptable or unacceptable, important or unimportant, right or wrong, workable or unworkable.” One
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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All I know is that since becoming a reporter in 1978, I have spent a lot of my career covering the difference between peoples, societies, leaders, and cultures focused on learning from “the other”—to catch up after falling behind—and those who feel humiliated by “the other,” by their contact with strangers, and lash out rather than engage in the hard work of adaptation. This theme has so permeated my reporting that I have been tempted at times to change my business card to read: “Thomas L. Friedman, New York Times Global Humiliation Correspondent.” There
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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It is fun to be around really, really creative makers in the second half of the chessboard, to see what they can do, as individuals, with all of the empowering tools that have been enabled by the supernova. I met Tom Wujec in San Francisco at an event at the Exploratorium. We thought we had a lot in common and agreed to follow up on a Skype call. Wujec is a fellow at Autodesk and a global leader in 3-D design, engineering, and entertainment software. While his title sounds like a guy designing hubcaps for an auto parts company, the truth is that Autodesk is another of those really important companies few people know about—it builds the software that architects, auto and game designers, and film studios use to imagine and design buildings, cars, and movies on their computers. It is the Microsoft of design. Autodesk offers roughly 180 software tools used by some twenty million professional designers as well as more than two hundred million amateur designers, and each year those tools reduce more and more complexity to one touch. Wujec is an expert in business visualization—using design thinking to help groups solve wicked problems. When we first talked on the phone, he illustrated our conversation real-time on a shared digital whiteboard. I was awed. During our conversation, Wujec told me his favorite story of just how much the power of technology has transformed his work as a designer-maker.
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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Jonathan Haidt, a social psychologist at the NYU Stern School of Business, made the case for why in an essay in The American Interest on July 10, 2016, entitled “When and Why Nationalism Beats Globalism.” “Having a shared sense of identity, norms, and history generally promotes trust … Societies with high trust, or high social capital, produce many beneficial outcomes for their citizens: lower crime rates, lower transaction costs for businesses, higher levels of prosperity, and a propensity toward generosity, among others … The trick … is figuring out how to balance reasonable concerns about the integrity of one’s own community with the obligation to welcome strangers, particularly strangers in dire need.” Minnesota
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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• Launched Real Time Talent, one of the most innovative workforce development initiatives in the country. It links the curriculum and training for more than four hundred thousand postsecondary students with the skill requirements of employers in the state (RealTimeTalentMN.org). • Created the Business Bridge, which facilitates connections between the procurement functions of large corporations and smaller potential suppliers located in the region. As a result of this effort, participating businesses added more than $1 billion to their spending with local businesses in two years—a year ahead of their goal. • Helped to build the case for investing more aggressively in higher education. By strengthening relationships between business and higher education leaders, and using a fact-based set of findings to justify investing more than an incremental amount, a coalition organized by Itasca helped increase spending in the state by more than $250 million annually. That’s not bad for a group of people with no budget, no office, no charter, virtually no Internet presence, virtually no staff—but a huge abundance of trust.
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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Research from Brunel University shows that chess students who trained with coaches increased on average 168 points in their national ratings versus those who didn’t. Though long hours of deliberate practice are unavoidable in the cognitively complex arena of chess, the presence of a coach for mentorship gives players a clear advantage. Chess prodigy Joshua Waitzkin (the subject of the film Searching for Bobby Fischer) for example, accelerated his career when national chess master Bruce Pandolfini discovered him playing chess in Washington Square Park in New York as a boy. Pandolfini coached young Waitzkin one on one, and the boy won a slew of chess championships, setting a world record at an implausibly young age. Business research backs this up, too. Analysis shows that entrepreneurs who have mentors end up raising seven times as much capital for their businesses, and experience 3.5 times faster growth than those without mentors. And in fact, of the companies surveyed, few managed to scale a profitable business model without a mentor’s aid. Even Steve Jobs, the famously visionary and dictatorial founder of Apple, relied on mentors, such as former football coach and Intuit CEO Bill Campbell, to keep himself sharp. SO, DATA INDICATES THAT those who train with successful people who’ve “been there” tend to achieve success faster. The winning formula, it seems, is to seek out the world’s best and convince them to coach us. Except there’s one small wrinkle. That’s not quite true. We just held up Justin Bieber as an example of great, rapid-mentorship success. But since his rapid rise, he’s gotten into an increasing amount of trouble. Fights. DUIs. Resisting arrest. Drugs. At least one story about egging someone’s house. It appears that Bieber started unraveling nearly as quickly as he rocketed to Billboard number one. OK, first of all, Bieber’s young. He’s acting like the rock star he is. But his mentor, Usher, also got to Billboard number one at age 18, and he managed to dominate pop music for a decade without DUIs or egg-vandalism incidents. Could it be that Bieber missed something in the mentorship process? History, it turns out, is full of people who’ve been lucky enough to have amazing mentors and have stumbled anyway.
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Shane Snow (Smartcuts: The Breakthrough Power of Lateral Thinking)
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The five most highly correlated factors are: Organizational culture. Strong feelings of burnout are found in organizations with a pathological, power-oriented culture. Managers are ultimately responsible for fostering a supportive and respectful work environment, and they can do so by creating a blame-free environment, striving to learn from failures, and communicating a shared sense of purpose. Managers should also watch for other contributing factors and remember that human error is never the root cause of failure in systems. Deployment pain. Complex, painful deployments that must be performed outside of business hours contribute to high stress and feelings of lack of control.4 With the right practices in place, deployments don’t have to be painful events. Managers and leaders should ask their teams how painful their deployments are and fix the things that hurt the most. Effectiveness of leaders. Responsibilities of a team leader include limiting work in process and eliminating roadblocks for the team so they can get their work done. It’s not surprising that respondents with effective team leaders reported lower levels of burnout. Organizational investments in DevOps. Organizations that invest in developing the skills and capabilities of their teams get better outcomes. Investing in training and providing people with the necessary support and resources (including time) to acquire new skills are critical to the successful adoption of DevOps. Organizational performance. Our data shows that Lean management and continuous delivery practices help improve software delivery performance, which in turn improves organizational performance. At the heart of Lean management is giving employees the necessary time and resources to improve their own work. This means creating a work environment that supports experimentation, failure, and learning, and allows employees to make decisions that affect their jobs. This also means creating space for employees to do new, creative, value-add work during the work week—and not just expecting them to devote extra time after hours. A good example of this is Google’s 20% time policy, where the company allows employees 20% of their week to work on new projects, or IBM’s “THINK Friday” program, where Friday afternoons are designated for time without meetings and employees are encouraged to work on new and exciting projects they normally don’t have time for.
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Nicole Forsgren (Accelerate: The Science of Lean Software and DevOps: Building and Scaling High Performing Technology Organizations)
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The more effortlessly you can align, integrate, and optimize the important business factors inside an organization, the closer you can accelerate performance and lead changes.
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Pearl Zhu (Digital Maturity: Take a Journey of a Thousand Miles from Functioning to Delight)
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Running IT as the digital energizer is about accelerating business performance, unleashing business potential, and nurturing collective creativity.
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Pearl Zhu (12 CIO Personas: The Digital CIO's Situational Leadership Practices)
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The principles of Flow, which accelerate the delivery of work from Development to Operations to our customers The principles of Feedback, which enable us to create ever safer systems of work The principles of Continual Learning and Experimentation foster a high-trust culture and a scientific approach to organizational improvement risk-taking as part of our daily work
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Gene Kim (The Phoenix Project: A Novel about IT, DevOps, and Helping Your Business Win)
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Having developers share responsibility for the quality of the systems they build not only improves outcomes but also accelerates learning. This is especially important for developers as they are typically the team that is furthest removed from the customer. As Gary Gruver observes, “It’s impossible for a developer to learn anything when someone yells at them for something they broke six months ago—that’s why we need to provide feedback to everyone as quickly as possible, in minutes, not months.
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Gene Kim (The Phoenix Project: A Novel about IT, DevOps, and Helping Your Business Win)
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Beginning in late 1914 and accelerating over the next three years, the Turkish government rounded up Armenian men for forced labor, worked many to death building a trans-Turkish railway for German business interests, then shot the survivors.
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Christopher Simpson (The Splendid Blond Beast: Money, Law, and Genocide in the Twentieth Century (Forbidden Bookshelf Book 24))
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If you’re feeling a little burned out, taking a break can help recharge your wiggly bits. You don’t necessarily need to head off on holiday. You can simply take your foot off the accelerator and cruise for a while. I call this my ‘fallow period’. It’s a farming term that means letting the field lie unplanted for a year so the nutrients can return to the soil. Who knows what could grow next year? So don’t be afraid to just do your work for a while without constantly thinking about the next big thing.
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Kate Toon (Confessions of a Misfit Entrepreneur: How to succeed in business despite yourself)
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In his sobering book Sabbath, the minister and author Wayne Muller observes how often people say to him, “I am so busy.” “We say this to one another with no small degree of pride,” Muller writes, “as if our exhaustion were a trophy, our ability to withstand stress a mark of real character … To be unavailable to our friends and family, to be unable to find time for the sunset (or even to know when the sun has set at all), to whiz through our obligations without time for a single, mindful breath, this has become a model of a successful life.
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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When you are a reporter, your focus is on digging up facts to explain the visible and the complex and to unearth and expose the impenetrable and the hidden—wherever that takes you. You are there to inform, without fear or favor. Straight news often has enormous influence, but it’s always in direct proportion to how much it informs, exposes, and explains. Opinion writing is different. When you are a columnist, or a blogger in Bojia’s case, your purpose is to influence or provoke a reaction and not just to inform—to argue for a certain perspective so compellingly that you persuade your readers to think or feel differently or more strongly or afresh about an issue. That is why, I explained to Bojia, as a columnist, “I am either in the heating business or the lighting business.” Every column or blog has to either turn on a lightbulb in your reader’s head—illuminate an issue in a way that will inspire them to look at it anew—or stoke an emotion in your reader’s heart that prompts them to feel or act more intensely or differently about an issue. The ideal column does both.
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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The business motivation behind creating a partnership is to dramatically accelerate revenue at a fraction of the cost.
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Sarah Gerdes (The Overlooked Expert)
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Instead of arguing about making sacrifices, let’s talk about how we can make money. Instead of pitting the environment versus the economy, let’s consider market principles and economic growth. Instead of focusing on polar bears, let’s focus on asthmatic children. And instead of putting all hope in the federal government, let’s empower cities, regions, businesses, and citizens to accelerate the progress they are already making on their own.
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Michael R. Bloomberg (Climate of Hope: How Cities, Businesses, and Citizens Can Save the Planet)
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Libertarianism used to have a robust left wing as well. Both disliked government. Both were driven by a fantastically nostalgic conviction that a country of three hundred million people at the turn of the twenty-first century could and should revert to something like its nineteenth-century self. Both had a familiar American magical-thinking fetish for gold—to return to gold as the foundation of U.S. currency because, they think, only gold is real. However, as the post-Reagan Republican mother ship maintained extreme and accelerating antigovernment fervor—acquiring escape velocity during the 2000s, leaving Earth orbit in the 2010s—libertarianism became a right-wing movement. (Also helpful was the fact that extreme economic libertarians included extremely rich people like the Koch brothers who could finance its spread.) Most Republicans are very selective, cherry-picking libertarians: let business do whatever it wants, but don’t spoil poor people with government handouts; let individuals have gun arsenals but not abortions or recreational drugs or marriage with whomever they wish; and don’t mention Ayn Rand’s atheism.
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Kurt Andersen (Fantasyland: How America Went Haywire: A 500-Year History)
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As Erik Brynjolfsson and Andrew McAfee point out in their book, the four key measures of an economy’s health (per capita GDP, labor productivity, the number of jobs, and median household income) all rose together for most of the Cold War years. “For more than three decades after World War II, all four went up steadily and in almost perfect lockstep,” Brynjolfsson noted in a June 2015 interview with the Harvard Business Review. “Job growth and wage growth, in other words, kept pace with gains in output and productivity. American workers not only created more wealth but also captured a proportional share of the gains.” In
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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QI’s research suggested that the quote emerged over time from a speech delivered by a Louisiana State University business professor, Leon C. Megginson, at the convention of the Southwestern Social Science Association in 1963. Megginson reportedly said: Yes, change is the basic law of nature. But the changes wrought by the passage of time affect individuals and institutions in different ways. According to Darwin’s Origin of Species, it is not the most intellectual of the species that survives; it is not the strongest that survives; but the species that survives is the one that is able best to adapt and adjust to the changing environment in which it finds itself. Applying this theoretical concept to us as individuals, we can state that the civilization that is able to survive is the one that is able to adapt to the changing physical, social, political, moral, and spiritual environment in which it finds itself. Thank you, Professor Megginson! That
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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In this traditional command-and-control structure, data flows up to the executives from all over the organization, and decisions subsequently flow down. This approach is designed to slow things down, and it accomplishes the task very well. Meaning that at the very moment when businesses must permanently accelerate, their architecture is working against them.
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Eric Schmidt (How Google Works)
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There were other important reasons for the growth of American individualism at the expense of community in the second half of the twentieth century besides the nature of capitalism. The first arose as an unintended consequence of a number of liberal reforms of the 1960s and 1970s. Slum clearance uprooted and destroyed many of the social networks that existed in poor neighborhoods, replacing them with an anonymous and increasingly dangerous existence in high-rise public housing units. “Good government” drives eliminated the political machines that at one time governed most large American cities. The old, ethnically based machines were often highly corrupt, but they served as a source of local empowerment and community for their clients. In subsequent years, the most important political action would take place not in the local community but at higher and higher levels of state and federal government. A second factor had to do with the expansion of the welfare state from the New Deal on, which tended to make federal, state, and local governments responsible for many social welfare functions that had previously been under the purview of civil society. The original argument for the expansion of state responsibilities to include social security, welfare, unemployment insurance, training, and the like was that the organic communities of preindustrial society that had previously provided these services were no longer capable of doing so as a result of industrialization, urbanization, decline of extended families, and related phenomena. But it proved to be the case that the growth of the welfare state accelerated the decline of those very communal institutions that it was designed to supplement. Welfare dependency in the United States is only the most prominent example: Aid to Familles with Dependent Children, the depression-era legislation that was designed to help widows and single mothers over the transition as they reestablished their lives and families, became the mechanism that permitted entire inner-city populations to raise children without the benefit of fathers. The rise of the welfare state cannot be more than a partial explanation for the decline of community, however. Many European societies have much more extensive welfare states than the United States; while nuclear families have broken down there as well, there is a much lower level of extreme social pathology. A more serious threat to community has come, it would seem, from the vast expansion in the number and scope of rights to which Americans believe they are entitled, and the “rights culture” this produces. Rights-based individualism is deeply embedded in American political theory and constitutional law. One might argue, in fact, that the fundamental tendency of American institutions is to promote an ever-increasing degree of individualism. We have seen repeatedly that communities tend to be intolerant of outsiders in proportion to their internal cohesiveness, because the very strength of the principles that bind members together exclude those that do not share them. Many of the strong communal structures in the United States at midcentury discriminated in a variety of ways: country clubs that served as networking sites for business executives did not allow Jews, blacks, or women to join; church-run schools that taught strong moral values did not permit children of other denominations to enroll; charitable organizations provided services for only certain groups of people and tried to impose intrusive rules of behavior on their clients. The exclusiveness of these communities conflicted with the principle of equal rights, and the state increasingly took the side of those excluded against these communal organizations.
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Francis Fukuyama (Trust: The Social Virtues and the Creation of Prosperity)
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SAFARI tents remain zipped, hotel pools are empty, game guides idle among lions and elephants. Tour operators across Africa are reporting the biggest drop in business in living memory. A specialist travel agency, SafariBookings.com, says a survey of 500 operators in September showed a fall in bookings of between 20% and 70%. Since then the trend has accelerated, especially in Botswana, Kenya, South Africa and Tanzania. Several American and European agents have stopped offering African tours for the time being. The reason is the outbreak of the Ebola virus in west Africa, which has killed more than 5,000 people. The epidemic is taking place far from the big safari destinations in eastern and southern Africa—as far or farther than the
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Anonymous
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Coworking spaces are created for the community and with the community in mind. It is not just a real estate business in which a physical space is rented: the role of the facilitator (or host, concierge, community leader, or any other title you want to use) is to enhance the connections and interactions of the coworkers to bring them value and to actively accelerate serendipity. It is a network, not just a place. It is not enough to put a bunch of people together in a room: you must work hard to create the right interactions that form a sense of community.
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Ramón Suárez (The Coworking Handbook: The Guide for Owners and Operators: Learn How To Open and Run a Successful Coworking Space)
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We agree. Certainly the rate of change of nearly everything over the past few decades has accelerated greatly. The kinds of work and the nature of the problems that designers work on have shifted as a result. We find it useful to look further back than the past few decades to understand what has led up to the situation today and why this recent increase in the frequency of change is so important for what business and design do together in the future.
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Patrick Newbery (Experience Design: A Framework for Integrating Brand, Experience, and Value)
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Product development has become a faster, more flexible process, where radically better products don’t stand on the shoulders of giants, but on the shoulders of lots of iterations. The basis for success then, and for continual product excellence, is speed. Unfortunately, like Jonathan’s failed gate-based product development framework, most management processes in place at companies today are designed with something else in mind. They were devised over a century ago, at a time when mistakes were expensive and only the top executives had comprehensive information, and their primary objectives are lowering risk and ensuring that decisions are made only by the few executives with lots of information. In this traditional command-and-control structure, data flows up to the executives from all over the organization, and decisions subsequently flow down. This approach is designed to slow things down, and it accomplishes the task very well. Meaning that at the very moment when businesses must permanently accelerate, their architecture is working against them.
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Eric Schmidt (How Google Works)
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CEOs believe that the most important skill needed to navigate today’s complex business world is creativity.
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Emma Seppälä (The Happiness Track: How to Apply the Science of Happiness to Accelerate Your Success)
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A famous parable recounts how a successful and wealthy investment banker tries to encourage a humble Mexican man fishing on a pier to boost his output so he can make more money, grow his business, and eventually become a millionaire. The fisherman asks, “What for?” To which the banker says, “So you can retire, relax, and just fish”—which
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Emma Seppälä (The Happiness Track: How to Apply the Science of Happiness to Accelerate Your Success)
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Had R. H. Macy assumed he was not made for business after the first five stores he created failed, he would never have founded the wildly successful Macy’s stores.
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Emma Seppälä (The Happiness Track: How to Apply the Science of Happiness to Accelerate Your Success)
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Build-Measure-Learn. The fundamental activity of a startup is to turn ideas into products, measure how customers respond, and then learn whether to pivot or persevere. All successful startup processes should be geared to accelerate that feedback loop.
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Eric Ries (The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses)
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Legal risks may be daunting, but you may be surprised to learn that the most common objection I have heard over the years to building an MVP is fear of competitors—especially large established companies—stealing a startup’s ideas. If only it were so easy to have a good idea stolen! Part of the special challenge of being a startup is the near impossibility of having your idea, company, or product be noticed by anyone, let alone a competitor. In fact, I have often given entrepreneurs fearful of this issue the following assignment: take one of your ideas (one of your lesser insights, perhaps), find the name of the relevant product manager at an established company who has responsibility for that area, and try to get that company to steal your idea. Call them up, write them a memo, send them a press release—go ahead, try it. The truth is that most managers in most companies are already overwhelmed with good ideas. Their challenge lies in prioritization and execution, and it is those challenges that give a startup hope of surviving.10 If a competitor can outexecute a startup once the idea is known, the startup is doomed anyway. The reason to build a new team to pursue an idea is that you believe you can accelerate through the Build-Measure-Learn feedback loop faster than anyone else can. If that’s true, it makes no difference what the competition knows. If it’s not true, a startup has much bigger problems, and secrecy won’t fix them. Sooner or later, a successful startup will face competition from fast followers. A head start is rarely large enough to matter, and time spent in stealth mode—away from customers—is unlikely to provide a head start. The only way to win is to learn faster than anyone else. Many startups plan to invest
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Eric Ries (The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses)
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One reason for this debacle, according to Dan Colussy, who drove Iridium’s buyout in 2000, was the company’s refusal to update business assumptions. “The Iridium business plan was locked in place twelve years before the system became operational,” he recalls. That’s a long time, long enough that it was almost impossible to predict where the state of the art in digital communications would be by the time the satellite system was at last in place. We thus label this an Iridium Moment—using linear tools and the trends of the past to predict an accelerating future.
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Salim Ismail (Exponential Organizations: Why new organizations are ten times better, faster, and cheaper than yours (and what to do about it))
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Organizations that create a climate such as that described in this chapter will naturally experience an acceleration of their OODA loops. So the question becomes how to install it. Boyd suggested, in his briefing “Organic Design for Command and Control,” that it will grow naturally if the senior management sets the proper conditions. He defines the two essential elements necessary for running any human organization along maneuver conflict—rapid OODA loop—lines as: • Leadership—implies the art of inspiring people to enthusiastically take action towards uncommon goals. It must interact with the system to shape the character or nature of that system in order to realize what is to be done. • Appreciation—refers to the recognition of worth or value, clear perception, understanding, comprehension, discernment, etc. It must not interact nor interfere with the system, but must discern (not shape) the character / nature of what is being done or about to be done.
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Chet Richards (Certain to Win: The Strategy of John Boyd, Applied to Business)
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The definition of an entrepreneur is someone who takes risks to earn a profit. I would take that a step further to say that an entrepreneur takes risks to realize a dream.
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Shahara Wright (From Entrepreneur To CEO: How to position your business to accelerate growth.)
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Jewish intellectual prominence is striking. As we have said, Ashkenazi Jews are vastly overrepresented in science. Their numbers among prominent scientists are roughly ten times greater than you’d expect from their share of the population in the United States and Europe. Over the past two generations they have won more than a quarter of all Nobel science prizes, although they make up less than one-six-hundredth of the world’s population. Although they represent less than 3 percent of the U.S. population, they won 27 percent of the U.S. Nobel Prizes in science during that period3 and 25 percent of the A. M. Turing Awards (given annually by the Association for Computing Machinery).4 Ashkenazi Jews account for half of twentieth-century world chess champions. American Jews are also overrepresented in other areas, such as business (where they account for about a fifth of CEOs5) and academia (where they make up about 22 percent of Ivy League students6). Although
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Gregory Cochran (The 10,000 Year Explosion: How Civilization Accelerated Human Evolution)
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In my two memos to Bojia I explained that there is no set formula for writing a column, no class you attend, and that everyone does it differently to some degree. But there were some general guidelines I could offer. When you are a reporter, your focus is on digging up facts to explain the visible and the complex and to unearth and expose the impenetrable and the hidden—wherever that takes you. You are there to inform, without fear or favor. Straight news often has enormous influence, but it’s always in direct proportion to how much it informs, exposes, and explains. Opinion writing is different. When you are a columnist, or a blogger in Bojia’s case, your purpose is to influence or provoke a reaction and not just to inform—to argue for a certain perspective so compellingly that you persuade your readers to think or feel differently or more strongly or afresh about an issue. That is why, I explained to Bojia, as a columnist, “I am either in the heating business or the lighting business.” Every column or blog has to either turn on a lightbulb in your reader’s head—illuminate an issue in a way that will inspire them to look at it anew—or stoke an emotion in your reader’s heart that prompts them to feel or act more intensely or differently about an issue. The ideal column does both. But how do you go about generating heat or light? Where do opinions come from? I am sure every opinion writer would offer a different answer. My short one is that a column idea can spring from anywhere: a newspaper headline that strikes you as odd, a simple gesture by a stranger, the moving speech of a leader, the naïve question of a child, the cruelty of a school shooter, the wrenching tale of a refugee.
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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It happened in 2006 when the company’s COO and soon-to-be CEO, Randall Stephenson, quietly struck a deal with Steve Jobs for AT&T to be the exclusive service provider in the United States for this new thing called the iPhone. Stephenson knew that this deal would stretch the capacity of AT&T’s networks, but he didn’t know the half of it. The iPhone came on so fast, and the need for capacity exploded so massively with the apps revolution, that AT&T found itself facing a monumental challenge. It had to enlarge its capacity, practically overnight, using the same basic line and wireless infrastructure it had in place. Otherwise, everyone who bought an iPhone was going to start experiencing dropped calls. AT&T’s reputation was on the line—and Jobs would not have been a happy camper if his beautiful phone kept dropping calls. To handle the problem, Stephenson turned to his chief of strategy, John Donovan, and Donovan enlisted Krish Prabhu, now president of AT&T Labs. Donovan picks up the story: “It’s 2006, and Apple is negotiating the service contracts for the iPhone. No one had even seen one. We decided to bet on Steve Jobs. When the phone first came out [in 2007] it had only Apple apps, and it was on a 2G network. So it had a very small straw, but it worked because people only wanted to do a few apps that came with the phone.” But then Jobs decided to open up the iPhone, as the venture capitalist John Doerr had suggested, to app developers everywhere. Hello, AT&T! Can you hear me now? “In 2008 and 2009, as the app store came on stream, the demand for data and voice just exploded—and we had the exclusive contract” to provide the bandwidth, said Donovan, “and no one anticipated the scale. Demand exploded a hundred thousand percent [over the next several years]. Imagine the Bay Bridge getting a hundred thousand percent more traffic. So we had a problem. We had a small straw that went from feeding a mouse to feeding an elephant and from a novelty device to a necessity” for everyone on the planet. Stephenson insisted AT&T offer unlimited data, text, and voice. The Europeans went the other way with more restrictive offerings. Bad move. They were left as roadkill by the stampede for unlimited data, text, and voice. Stephenson was right, but AT&T just had one problem—how to deliver on that promise of unlimited capacity without vastly expanding its infrastructure overnight, which was physically impossible. “Randall’s view was ‘never get in the way of demand,’” said Donovan. Accept it, embrace it, but figure out how to satisfy it fast before the brand gets killed by dropped calls. No one in the public knew this was going on, but it was a bet-the-business moment for AT&T, and Jobs was watching every step from Apple headquarters.
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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I asked him what he did. He said his name was John Lord and that he was in the software business. “What kind of software?” I asked. He said that his company’s goal was to make “lawyers obsolete” wherever possible by creating software applications that enable individuals to do more and more legal work without the aid of an attorney. Indeed, Neota Logic, his company, says that its goal is to massively improve access to advice and justice for “the 40+% of Americans who can’t afford an attorney when they need one”—in order to produce wills and basic legal documents and even to handle crucial life events such as home foreclosure, domestic abuse, or child protection. Neota Logic is part of a new strain of software called “expert systems” that aims to identify a large chunk of business that clients need, and that lawyers charge for, but that actually can be done by software: think TurboTax for the legal profession. The company’s website quoted one commentator complaining that Neota Logic’s technology cannot “read between the lines … [or] hold hands and wipe away tears.” To which Neota Logic responded: “You will surely see a press release when we can.” Lord later explained to me that “I have always had a special respect for trial lawyers and hope it will be a long time before algorithms replace them and juries.” Alas, he added, that is “not beyond the realm of possibility of course, but not yet Neota’s mission.” Suddenly I was glad my daughters were not planning to be lawyers.
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Thomas L. Friedman (Thank You for Being Late: An Optimist's Guide to Thriving in the Age of Accelerations)
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It was in 2007 when they made this endowment to broader and accelerate the vision of a world where people can thrive, business can prosper, and the planet can flourish.
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Michele Hunt (DreamMakers: Innovating for the Greater Good)
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This book is a compilation of interesting ideas that have strongly influenced my thoughts and I want to share them in a compressed form. That ideas can change your worldview and bring inspiration and the excitement of discovering something new. The emphasis is not on the technology because it is constantly changing. It is much more difficult to change the accompanying circumstances that affect the way technological solutions are realized. The chef did not invent salt, pepper and other spices. He just chooses good ingredients and uses them skilfully, so others can enjoy his art. If I’ve been successful, the book creates a new perspective for which the selection of ingredients is important, as well as the way they are smoothly and efficiently arranged together.
In the first part of the book, we follow the natural flow needed to create the stimulating environment necessary for the survival of a modern company. It begins with challenges that corporations are facing, changes they are, more or less successfully, trying to make, and the culture they are trying to establish. After that, we discuss how to be creative, as well as what to look for in the innovation process.
The book continues with a chapter that talks about importance of inclusion and purpose. This idea of inclusion – across ages, genders, geographies, cultures, sexual orientation, and all the other areas in which new ways of thinking can manifest – is essential for solving new problems as well as integral in finding new solutions to old problems. Purpose motivates people for reaching their full potential. This is The second and third parts of the book describes the areas that are important to support what is expressed in the first part. A flexible organization is based on IT alignment with business strategy. As a result of acceleration in the rate of innovation and technological changes, markets evolve rapidly, products’ life cycles get shorter and innovation becomes the main source of competitive advantage.
Business Process Management (BPM) goes from task-based automation, to process-based automation, so automating a number of tasks in a process, and then to functional automation across multiple processes andeven moves towards automation at the business ecosystem level. Analytics brought us information and insight; AI turns that insight into superhuman knowledge and real-time action, unleashing new business models, new ways to build, dream, and experience the world, and new geniuses to advance humanity faster than ever before.
Companies and industries are transforming our everyday experiences and the services we depend upon, from self-driving cars, to healthcare, to personal assistants. It is a central tenet for the disruptive changes of the 4th Industrial Revolution; a revolution that will likely challenge our ideas about what it means to be a human and just might be more transformative than any other industrial revolution we have seen yet. Another important disruptor is the blockchain - a distributed decentralized digital ledger of transactions with the promise of liberating information and making the economy more democratic.
You no longer need to trust anyone but an algorithm. It brings reliability, transparency, and security to all manner of data exchanges: financial transactions, contractual and legal agreements, changes of ownership, and certifications. A quantum computer can simulate efficiently any physical process that occurs in Nature. Potential (long-term) applications include pharmaceuticals, solar power collection, efficient power transmission, catalysts for nitrogen fixation, carbon capture, etc. Perhaps we can build quantum algorithms for improving computational tasks within artificial intelligence, including sub-fields like machine learning. Perhaps a quantum deep learning network can be trained more efficiently, e.g. using a smaller training set. This is still in conceptual research domain.
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Tomislav Milinović
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Venture capitalists and investors have bought into the media-driven narrative that younger people are more likely to build great companies. Vinod Khosla, a cofounder of Sun Microsystems and venture capitalist, said, “People under 35 are the people who make change happen . . . people over 45 basically die in terms of new ideas.” Paul Graham, the founder of Y Combinator, the famous start-up accelerator, said that, when a founder is over the age of thirty-two, investors “start to be a little skeptical.” Zuckerberg himself famously said, with his characteristic absence of tact, “Young people are just smarter.” But, it turns out, when it comes to age, the entrepreneurs we learn about in the media are not representative. In a pathbreaking study, a team of economists—Pierre Azoulay, Benjamin F. Jones, J. Daniel Kim, and Javier Miranda (henceforth referred to as AJKM)—analyzed the age of the founder of every business created in the United States between the years 2007 and 2014. Their study included some 2.7 million entrepreneurs, a far broader and more representative sample than the dozens featured in business magazines. The researchers found that the average age of a business founder in the United States is 41.9 years old—in other words, more than a decade older than the average age of founders featured in the media. And older people don’t just start businesses more than many of us realize; they also succeed at creating highly profitable businesses more often than their younger peers do. AJKM used various metrics of success for a business, including staying in business for longer and ranking among the top firms in revenue and employees. They discovered that older founders consistently had higher probabilities of success, at least until the age of sixty.
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Seth Stephens-Davidowitz (Don't Trust Your Gut: Using Data to Get What You Really Want in Life)
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Data sources All these components give you feedback and insight into how best to configure your campaigns, although the data sources are often spread around in different places and sometimes difficult to find and interpret. Campaign types Search & Partner Dynamic Search Display Network Remarketing & Dynamic Remarketing Google Shopping for eCommerce Google Merchant Center Data feeds Google Shopping Campaigns Device selection PC / Tablets Mobiles & Smartphones Location Targets & Exclusions Country Metro State City Custom and Radius Daily Budgets Manual CPC Enhanced CPC Flexible Bidding strategies Conversion Optimizer (CPA) Return on Ad Spend (ROAS) Conversion Tracking Setup and configuration Transaction-Specific Conversion Tracking Offline Conversion import Phone call tracking - website call conversions Conversion Rates Conversion Costs Conversion Values Ad Groups Default Bids Keyword Themes Ads Ad Messaging & Demographics Creative Text & Formatting Images* Display Ad Builder* Ad Preview and Diagnosis Account, Campaign and Ad Group Ad Extensions Sitelinks Locations Calls Reviews Apps Callouts Ad Rotation & Frequency Capping Rotate Optimise for Clicks Optimise for Conversions Keywords Bids Broad Modified Broad Phrase Exact Destination urls Keyword Diagnosis User Search Queries Keyword Opportunities Negative Keywords & Match Types Shared Library Shared Budgets* Automated Rules Flexible Bid Strategies Audiences & Exclusions* Campaign Negative Keywords Display Campaign Placement Exclusions* NEW! Business Data and Ad Customizers Advanced Delivery Methods Standard Accelerated Impression Share Lost IS (Budget) Lost IS (Rank) Search Funnels Assisted Impressions & Clicks Assisted Conversions Segmentation Analysis Device performance Network performance Top vs Other position performance Dimension Analysis Days & Times Shopping Geographic User Locations & Distance Search Terms Automatic Placements* Call Details (Call Extensions) Tools Change history Keyword Planner* Display Planner* Opportunities* Scheduling & Day Parting Automated Rules Competitor Ad Auction Insights Reporting* AdWords Campaign Experiments* Browser Languages* *indicates an item not covered in this version of the book
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David Rothwell (The Google Ads (AdWords) Bible for eCommerce: How to Sell More Products with Google Ads (The Clicks to Money Series))
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As with any other industry, Hospitality and Travel must continue to innovate in order to stay relevant in the modern world. The pandemic has only accelerated this urgency of this inevitable need and pushed technology to the forefront of business management.
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Explore
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These businesses were accumulating power long before Covid, but the pandemic acted as an accelerant. When physical encounters suddenly became dangerous, Big Tech stepped in with socially distant ways to order essential items, work, socialize, and be entertained. And as it evolves from being a pandemic to an endemic disease, Covid promises to finish the takeover job the search and social firms started.
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Scott Galloway (Adrift: America in 100 Charts)
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The fundamental activity of a startup is to turn ideas into products, measure how customers respond, and then learn whether to pivot or persevere. All successful startup processes should be geared to accelerate that feedback loop.
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Eric Ries (The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses)
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Where did you take your certification exam?” doesn’t allow for the possibility that they didn’t take a certification exam. Multiple questions in one. Questions should only ask one thing. For example, “Are you notified of failures by your customers and the NOC?” doesn’t tell you which part of the question your respondent was answering for. Customers? the NOC? Both? Or if no, neither? Unclear language. Survey questions should use language that your respondents are familiar with, and should clarify and provide examples when necessary. A potential weakness of many survey questions used in business is that only a single question is used to collect data.
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Nicole Forsgren (Accelerate: The Science of Lean Software and DevOps: Building and Scaling High Performing Technology Organizations)
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Albert Einstein was once asked this question: “If you only had an hour to solve a problem and your life depended upon getting the correct answer, how would you spend your time?” Einstein replied: “I’d spend the first fifty-five minutes making sure I was answering the right question.” It is a wonderful response. Why? Because in today’s accelerating world, future business leaders must spend more time making sure they are asking—and answering—the right question.
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Jack Uldrich (Business As Unusual: A Futurist’s Unorthodox, Unconventional, and Uncomfortable Guide to Doing Business)
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The world of tomorrow will not be created out of thin air either. It will come from the convergence of a wide variety of accelerating technologies.
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Jack Uldrich (Business As Unusual: A Futurist’s Unorthodox, Unconventional, and Uncomfortable Guide to Doing Business)
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Nothing accelerates technological development like money. More bucks, more Buck Rogers. More cash means more people experimenting, failing, and, eventually, driving breakthroughs. And this brings us to our next force: an unprecedented rise in the availability of capital.
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Peter H. Diamandis (The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives)
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what was state of the art three years ago is just not good enough for today’s business environment.
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Nicole Forsgren (Accelerate: Building and Scaling High Performing Technology Organizations)
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An MVP is a prototype of a product with just enough features to enable validated learning about the product and its business model.
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Nicole Forsgren (Accelerate: Building and Scaling High Performing Technology Organizations)
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AI enables marketers to: •Accelerate revenue growth •Create personalized consumer experiences at scale •Drive costs down •Generate greater return on investment (ROI) •Get more actionable insights from marketing data •Predict consumer needs and behaviors with greater accuracy •Reduce time spent on repetitive, data-driven tasks •Shorten the sales cycle •Unlock greater value from marketing technologies
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Paul Roetzer (Marketing Artificial Intelligence: Ai, Marketing, and the Future of Business)
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•Alexa and Siri answer your questions •Amazon predicts your next purchase •Apple unlocks the iPhone by scanning your face •Facebook targets you with ads •Gmail finishes your sentences •Google Maps routes you to your destination •LinkedIn curates your homepage and recommends connections •Netflix recommends shows and movies •Spotify learns the music you love •Tesla’s Autopilot steers, accelerates, and brakes your car •YouTube suggests videos •Zoom automatically transcribes your recorded meetings
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Paul Roetzer (Marketing Artificial Intelligence: Ai, Marketing, and the Future of Business)
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THE WEBSITE FOR SSA Marine says, “Accelerating the Pace of Business.” Its terminal is now giving off a deafening whir: engine sounds, horns, beeps, and the echoes of workers shouting. The giant cranes lift containers off the ship, sliding them inward fast enough that they swing a little bit in midair. Currently, the bay is full of the haze-lightened silhouettes of container ships, players in that sprawling, fractal network whose workings have recently come to the fore in headlines about the supply chain. In the restored marsh along the park, clusters of migrating shorebirds are keeping their own schedule. It’s currently three hours from high tide, and on the shrinking islands, tiny sandpipers sit together so densely that they look like a tessellated pattern. Stalking around them are a variety of spidery birds, including long-billed curlews, which have surreal curved beaks more than half the length of their entire bodies. They are back for the time being, having traveled northeast to breed—possibly as far as Idaho—and in the meantime, they adjust their activities to the tides. On the one hand, it is true that you can see multiple forms of time here. The containers pile up; the shorebirds probe the mud; the phoebe chases its flies; a small, brown mushroom pushes up from the grass; and the tide continues to rise. Your stomach rumbles. But one of these clocks is not like the others. In order to maintain its equilibrium, it has to run ahead faster and faster.
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Jenny Odell (Saving Time: Discovering a Life Beyond Productivity Culture)
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Looming over all such changes was globalization—the dispersal of the world’s trade and finances through advances in shipping, air freight, telecommunications, and computerized banking and money exchanges, which allowed U.S. businesses access to lower-cost workers and production overseas—a trend that accelerated when the Soviet Union collapsed in 1989, bringing down the iron curtain and opening new markets as well as cheap labor to global producers. This
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Philip Dray (There is Power in a Union)
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The discussion above of the Six S framework suggests that its elements frequently interact and influence each other. My analysis of scaling startups shows that these interactions frequently follow two predictable paths—each with its own catalyst. The first path starts with a drive for Speed—that is, accelerated growth for the startup’s core business. With the second path, the catalyst is a vision with ambitious Scope. As we’ll see in the chapters that follow, these two paths expose startups to unique risks—and unique modes of failure.
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Tom Eisenmann (Why Startups Fail: A New Roadmap for Entrepreneurial Success)
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Three structural attributes of certain business models—powerful network effects, high customer switching costs, and strong economies of scale—impel a startup, along with rivals who share these attributes, to accelerate growth.
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Tom Eisenmann (Why Startups Fail: A New Roadmap for Entrepreneurial Success)
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The Growth Cycles and 14 Principles Again, as I was studying the Shareholder Letters, I realized they split into repeatable Growth Cycles that Bezos applies to pretty much every endeavor: test, build, accelerate, and scale with the principles falling into each area. Three of the principles helped Amazon grow through strategic testing: •Encourage “Successful Failure” •Bet on Big Ideas •Practice Dynamic Invention and Innovation
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Steve Anderson (The Bezos Letters: 14 Principles to Grow Your Business Like Amazon)
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Four of the principles helped Amazon accelerate its growth: •Generate High-Velocity Decisions •Make Complexity Simple •Accelerate Time with Technology •Promote Ownership
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Steve Anderson (The Bezos Letters: 14 Principles to Grow Your Business Like Amazon)
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Hoping to overcome their habitual incrementalism, many companies have set up purpose-built innovation “incubators” and “accelerators.” By one estimate, there are now 580 idea labs around the world, up from 300 just two years ago. Despite their popularity, there’s little evidence these creative outposts deliver significant returns. A few creative souls living large in their accelerator digs are no substitute for a deeply embedded capacity to continually reinvent the core business.
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Gary Hamel (Humanocracy: Creating Organizations as Amazing as the People Inside Them)
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The Lean Startup takes its name from the lean manufacturing revolution that Taiichi Ohno and Shigeo Shingo are credited with developing at Toyota. Lean thinking is radically altering the way supply chains and production systems are run. Among its tenets are drawing on the knowledge and creativity of individual workers, the shrinking of batch sizes, just-in-time production and inventory control, and an acceleration of cycle times. It taught the world the difference between value-creating activities and waste and showed how to build quality into products from the inside out.
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Eric Ries (The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses)
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Improve internal processes, thereby reducing costs and increasing competitiveness. Streamline the delivery of existing solutions within an existing business model to reduce costs or improve customer service. Transform a business completely, resulting in new products and business models.
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Shyam Varan Nath (Industrial Digital Transformation: Accelerate digital transformation with business optimization, AI, and Industry 4.0)
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Nike: “To bring inspiration and innovation to every athlete* in the world.” *If you have a body, you are an athlete. Unilever: “Make sustainable living commonplace.” Tesla: “To accelerate the world’s transition to sustainable transport.” Whole Foods: “To nourish people and the planet.” Zappos: “Delivering Happiness.” ING Financial Group: “Empowering people to stay a step ahead in life and in business.” U.S. Humane Society: “Celebrating animals, confronting cruelty.” NPR: “To create a more informed public—one challenged and invigorated by a deeper understanding and appreciation of events, ideas and cultures.” TED: “Spread Ideas.
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John Mackey (Conscious Leadership: Elevating Humanity Through Business)
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Principle 9: Accelerate Time with Technology
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Steve Anderson (The Bezos Letters: 14 Principles to Grow Your Business Like Amazon)
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Accelerate Time with Technology Q: How are you using technology to speed up your business growth? Q: In what way could you use technology to make part of your business obsolete (before your competitor does it for you)?
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Steve Anderson (The Bezos Letters: 14 Principles to Grow Your Business Like Amazon)
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More and more—as this, and so many of the discoveries discussed in this book illustrate—the once slow and passive process of natural selection is being transformed into one rapid and proactive: evolution by human direction. This means, over the next century, technological acceleration may do more than just disrupt industries and institutions, it may actually disrupt the progress of biologically based intelligence on Earth.
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Peter H. Diamandis (The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives (Exponential Technology Series))
“
While it is true that much of the time we currently spend in meetings is largely wasted, the solution is not to stop having meetings, but rather to make them better. Because when properly utilized, meetings are actually time savers. That’s right. Good meetings provide opportunities to improve execution by accelerating decision making and eliminating the need to revisit issues again and again. But they also produce a subtle but enormous benefit by reducing unnecessarily repetitive motion and communication in the organization.
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Patrick Lencioni (Death by Meeting: A Leadership Fable...About Solving the Most Painful Problem in Business)
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Situation: The company has weathered the start-up and turnaround or crisis stage, and is now in accelerating growth. While there is a good growth strategy, there are not enough good leaders to carry it out. The products and services are good, but many business processes are either missing or dysfunctional. Strategy: Don’t think in terms of doing it all yourself, but focus on creating a team of ‘A’ players. Your mindset: “get me the best in the world,” rather than just fill slots. Do an assessment on what’s working and not working, and address what’s missing that could make a difference— build a brand name, leverage new technology, and outsource missing or broken processes.
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Robert Hargrove (Your First 100 Days in a New Executive Job: Powerful Steps on the Path to Greatness)
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MATCH STRATEGY TO SITUATION—CHECKLIST What portfolio of STARS situations have you inherited? Which portions of your responsibilities are in start-up, turnaround, accelerated-growth, realignment, and sustaining-success modes? What are the implications for the challenges and opportunities you are likely to confront, and for the way you should approach accelerating your transition? What are the implications for your learning agenda? Do you need to understand only the technical side of the business, or is it critical that you understand culture and politics as well? What is the prevailing climate in your organization? What psychological transformations do you need to make, and how will you bring them about? How can you best lead change given the situations you face? Which of your skills and strengths are likely to be most valuable in your new situation, and which have the potential to get you into trouble? What are the implications for the team you need to build?
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Michael D. Watkins (The First 90 Days: Proven Strategies for Getting Up to Speed Faster and Smarter)
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NEGOTIATE SUCCESS—CHECKLIST How effectively have you built relationships with new bosses in the past? What have you done well? Where do you need improvement? Create a plan for the situational conversation. Based on what you know now, what issues will you raise with your boss in this conversation? What do you want to say up front? In what order do you want to raise issues? Create a plan for the expectations conversation. How will you figure out what your new boss expects you to do? Create a plan for the style conversation. How will you figure out how best to work with your boss? What mode of communication does he prefer? How often should you interact? How much detail should you provide? What types of issues should you consult with him about before deciding? Create a plan for the resource conversation. Given what you need to do, what resources are absolutely needed? With fewer resources, what would you have to forgo? If you had more resources, what would the benefits be? Be sure to build the business case. Create a plan for the personal development conversation. What are your strengths, and where do you need improvement? What kinds of assignments or projects might help you develop skills you need? How might you use the five conversations framework to accelerate the development of your team? Where are you in terms of having the key conversations with each of your direct reports?
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Michael D. Watkins (The First 90 Days: Proven Strategies for Getting Up to Speed Faster and Smarter)
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The action of commerce, like the motion of the sea or the atmosphere, follows an undulatory line. First comes an ascending wave of activity and rising prices; next, when prices have risen to a point that checks demand, comes a period of hesitation and caution; then, care among lenders and discounters; then comes the descending movement, in which holders simultaneously endeavor to realize, thereby accelerating a general fall in prices. Credit then becomes more sensitive and is contracted; transactions are diminished; losses are incurred through the depreciation of property, and finally the ordeal becomes so severe to the debtor class that forcible liquidation has to be adopted, and insolvent firms and institutions must be wound up. This process is a periodical experience in every country; and the extent of the destructiveness of the crisis that attends it depends chiefly on the steadiness and conservatism of the business methods in each particular community affected.
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Henry Clews (Fifty Years in Wall Street (Wiley Investment Classics))
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when I talked about running experiments, it’s not about success or failure, it’s about accelerated learning. When you disprove a hypothesis, that’s a valuable learning that many would call a failure. But I would call it a success: when you reach a dead end quickly and cheaply, that’s valuable to the business. That’s the whole point of thinking of the process as a series of experiments that lead to eventual innovation. Innovation is not something you can just will into existence. It’s a slog. And if you don’t celebrate the journey and get value from your mistakes, most people would quit along the way.
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Jeff Lawson (Ask Your Developer: How to Harness the Power of Software Developers and Win in the 21st Century – A Management Playbook for Tech Industry Leadership and Digital Transformation)
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This is the Janus face of work in the Exponential Age. Those who are well-educated and lucky can thrive. Those who aren’t might find themselves trapped in an unprecedentedly punitive workplace.
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Azeem Azhar (The Exponential Age: How Accelerating Technology is Transforming Business, Politics and Society)
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People are an organization’s greatest asset—yet so often they’re treated like expendable resources. When leaders invest in their people and enable them to do their best work, employees identify more strongly with the organization and are willing to go the extra mile to help it be successful. In return, organizations get higher levels of performance and productivity, which lead to better outcomes for the business.
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Nicole Forsgren (Accelerate: The Science of Lean Software and DevOps: Building and Scaling High Performing Technology Organizations)
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Freedom from Uncontrolled Thinking A big habit I’m working on is trying to turn off my “monkey mind.” When we’re children, we’re pretty blank slates. We live very much in the moment. We essentially just react to our environment through our instincts. We live in what I would call the “real world.” Puberty is the onset of desire—the first time you really, really want something and you start long-range planning. You start thinking a lot, building an identity and an ego to get what you want. If you walk down the street and there are a thousand people in the street, all thousand are talking to themselves in their head at any given point. They’re constantly judging everything they see. They’re playing back movies of things that happened to them yesterday. They’re living in fantasy worlds of what’s going to happen tomorrow. They’re just pulled out of base reality. That can be good when you do long-range planning. It can be good when you solve problems. It’s good for us as survival-and-replication machines. I think it’s actually very bad for your happiness. To me, the mind should be a servant and a tool, not a master. My monkey mind should not control and drive me 24/7. I want to break the habit of uncontrolled thinking, which is hard. [4] A busy mind accelerates the passage of subjective time. There is no endpoint to self-awareness and self-discovery. It’s a lifelong process you hopefully keep getting better and better at. There is no one meaningful answer, and no one is going to fully solve it unless you’re one of these enlightened characters. Maybe some of us will get there, but I’m not likely to, given how involved I am in the rat race. The best case is I’m a rat who might be able to look up at the clouds once in a while. I think just being aware you’re a rat in a race is about as far as most of us are going to get. [8] The modern struggle: Lone individuals summoning inhuman willpower, fasting, meditating, and exercising… Up against armies of scientists and statisticians weaponizing abundant food, screens, and medicine into junk food, clickbait news, infinite porn, endless games, and addictive drugs.
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Eric Jorgenson (The Almanack of Naval Ravikant: A Guide to Wealth and Happiness)
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Slack had spent nearly five years and $ 17 million on development prior to its public launch in February 2014. Just two months later, before the end of April, it had raised another $ 43 million. Both of these investments took place before Slack had proven its revenue model and started generating significant sales. Slack’s freemium business model (offering a free service and encouraging users to upgrade later to becoming paying customers) meant that even after two months of rapid user growth, the company hadn’t proven its ability to make money. Fortunately for Slack and its investors, this aggressiveness paid off. As the initial wave of free users started converting to paid, Slack was able to raise an additional $ 120 million six months later to accelerate its growth even further.
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Reid Hoffman (Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies)
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Newchip Accelerator Reviews - Supporting Entrepreneurs
Newchip Accelerator provides entrepreneurs with the tools and skills necessary to first fund, then build and scale businesses. Supporting entrepreneurs and helping them succeed is the core tenet of the program, and its results are evident in the many positive reviews they’ve received. Newchip Accelerator has reached over 250 cities and built a mentor network of more than 500 professionals. Programs range from pre-accelerator small programs to the top-level accelerator.
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Newchip Accelerator Reviews
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The human brain evolved in an environment that was local and linear. Local, meaning most everything that we interacted with was less than a day’s walk away. Linear, meaning the rate of change was exceptionally slow. Your great-great-great-grandfather’s life was roughly the same as his great-great-grandson’s life. But now we live in a world that is global and exponential. Global, meaning if it happens on the other side of the planet, we hear about it seconds later (and our computers hear about it only milliseconds later). Exponential, meanwhile, refers to today’s blitzkrieg speed of development. Forget about the difference between generations, currently mere months can bring a revolution. Yet our brain—which hasn’t really had a hardware update in two hundred thousand years—wasn’t designed for this scale or speed. And if we struggle to track the growth of singular innovations, we’re downright helpless in the face of converging ones. Put it this way, in “The Law of Accelerating Returns,” Ray Kurzweil did the math and found that we’re going to experience twenty thousand years of technological change over the next one hundred years. Essentially, we’re going from the birth of agriculture to the birth of the internet twice in the next century. This means paradigm-shifting, game-changing, nothing-is-ever-the-same-again breakthroughs—such as affordable aerial ridesharing—will not be an occasional affair. They’ll be happening all the time. It means, of course, that flying cars are just the beginning.
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Peter H. Diamandis (The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives (Exponential Technology Series))
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Completing Your Cash Acceleration Strategies (CASh) Tool 1. Read the Harvard Business Review article by Neil C. Churchill and John W. Mullins titled “How Fast Can Your Company Afford to Grow?” 2. Calculate your existing CCC in days. 3. Calculate the amount of cash required to fund each additional day of CCC. 4. Brainstorm ways to improve your CCC and the 7 financial levers highlighted in the last chapter of this “Cash” section using the one-page CASh tool. Be sure to explore ways in all three general categories — shortening cycle times, eliminating mistakes, and changing the business model — for each segment of the CCC. 5. Choose one cash-improvement initiative every 90 days as one of your quarterly priorities (Rocks).
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Verne Harnish (Scaling Up: How a Few Companies Make It...and Why the Rest Don't (Rockefeller Habits 2.0))
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I was accidentally at the forefront of a movement that was taking shape—what Li Jin, former partner at Andreessen Horowitz and founder of Atelier Ventures, calls the “passion economy”—“a world in which people are able to do what they love for a living and to have a more fulfilling and purposeful life.” At the time I created Gumroad, online creator platforms were still new, but the rise of no-code solutions has made building and charging for podcasts, video and audio content, online courses, virtual teaching, and virtual coaching almost seamless, so that starting a business around something you love has never been more attainable. You probably have something you enjoy, something that on its face has nothing to do with your “real” job. Maybe it’s marathon running or ceramics or electronic music or another passion that you pursue in your free time. Whatever it is, building a minimalist business around the people you love to spend time with and the ways you love to spend your time depends on being part of a community. You may already be thinking about how to solve the problems of a current community you participate in, or you may simply be planning to join a community based on something you love. Either way, finding your people is really important at the beginning. Not just for the sake of your business but also for the sake of your own well-being. Taking writing and painting classes in Provo reminded me that my community wasn’t just the people in front of me; it was also a wider group who wanted, like me, to “turn their passions into livelihoods.” The real communities I was a part of didn’t care about growth at all costs; that kind of accelerated expansion would have cracked them into a million little pieces. Instead, their priority, like mine, was connecting to each other in ways that allowed for the space, time, and freedom to explore their interests and to eventually transform their passions into businesses in meaningful ways.
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Sahil Lavingia (The Minimalist Entrepreneur: How Great Founders Do More with Less)
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the deluge of information available today, the velocity of disruption and the acceleration of innovation are hard to comprehend or anticipate. They constitute a source of constant surprise. In such a context, it is a leader’s ability to continually learn, adapt and challenge his or her own conceptual and operating models of success that will distinguish the next generation of successful business leaders. Therefore, the first imperative of the business impact made by the fourth industrial revolution is the urgent need to look at oneself as a business leader and at one’s own organization. Is there evidence of the organization and leadership capacity to learn and change? Is there a track record of prototyping and investment decision-making at a fast pace? Does the culture accept innovation and failure?
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Klaus Schwab (The Fourth Industrial Revolution)
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The global expansion of commerce and trade which began in the Middle Ages and accelerated from the late fifteenth century onwards raised many moral questions for merchants in Christian Europe. What, for instance, constituted a just price? Were money markets permissible? Was it legitimate for the state to give one merchant or a business a monopoly on a given product or type of industry? Many commercial traders, anxious about their salvation, turned to their confessors for guidance.
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Samuel Gregg (The Essential Natural Law (Essential Scholars))
Melvin B. Greer Jr. (21st Century Leadership: Harnessing Innovation, Accelerating Business Success)
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On January 1st, I discovered that I had fallen victim to a fraudulent international shipping investment that cost me a staggering AU$8,000,000. As the owner of a shipping company based in Australia, I had been diligently searching for ways to expand and strengthen our business. When I came across an enticing opportunity that promised high returns through international shipping ventures, it seemed like the perfect move to accelerate our growth. After what I thought was thorough research and careful consideration, I decided to invest a significant amount of money. At first, everything appeared legitimate. The shipping company seemed professional, and I was regularly updated with reports that reassured me the investment was progressing as planned. However, over time, I started noticing discrepancies. Payments were delayed, communication became sporadic, and red flags began to pop up in the details of the transactions. Something didn’t feel right, and before long, the truth hit me hard—I had been scammed. The company I had trusted was a fraudulent operation, never intending to deliver on their promises.The financial loss was devastating, but the emotional toll was even worse. Not only had I lost a large sum of money, but I also faced the daunting reality of how this would affect my business, employees, and reputation. I felt completely helpless and unsure of how to recover from such a blow.That’s when I found HACK SAVVY TECH . From the very first interaction, their team demonstrated an incredible level of expertise and professionalism. They immediately grasped the gravity of the situation and laid out a clear plan to investigate the fraud and recover my lost funds. With their advanced tools and deep knowledge of cyber-investigation, they were able to track down the fraudulent activities, uncover key individuals involved, and bring them to justice.Thanks to HACK SAVVY TECH tireless efforts, they successfully secured a refund for my company, recovering a significant portion of the investment. Their work not only saved my business financially but also restored my confidence. I’m beyond grateful for their support, and I now feel empowered to move forward, knowing that I have a trusted partner like HACK SAVVY TECH by my side.
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Hack Savvy Tech
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The clarity of Aravind Srinivas's vision for AI-accelerated knowledge discovery is magnetizing talent and driving Perplexity's rapid execution
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Daniel Vincent Kramer
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Why Offshore Solutions Are Transforming the Accounting Industry
In a time when digital transformation is reshaping various sectors, the accounting industry is also experiencing significant changes. One of the most notable developments is the increasing adoption of offshore solutions. From offshore tax services for accountants to dedicated offshore bookkeeping for CPAs, firms are leveraging global expertise to improve efficiency, lower expenses, and accelerate growth.
Offshore Bookkeeping Firms: A Transformative Resource for CPAs
It is undeniable that bookkeeping is a crucial function, yet it can be quite labor-intensive. Consequently, an increasing number of CPAs are opting for offshore bookkeeping firms to manage routine financial responsibilities such as transaction logging, reconciliations, and the preparation of financial statements. By utilizing offshore bookkeeping services, firms not only achieve greater accuracy and speed but also allow their in-house personnel to concentrate on more strategic services like advisory and planning.
Offshore Tax Assistance for Accountants
The tax season often brings an overwhelming workload, with high stakes involved. This is where offshore tax services for accountants prove invaluable. Offshore teams well-versed in U.S. tax laws can support a range of tasks, from individual tax returns to intricate corporate filings. By incorporating offshore tax specialists, firms can handle increased volumes without sacrificing quality or meeting deadlines.
Smart Growth with Offshore Staffing Firms
Whether you are an independent CPA or leading a burgeoning firm, offshore staffing firms facilitate the creation of a flexible and scalable workforce. These firms offer access to seasoned accounting professionals, virtual assistants, and tax preparers—typically at a significantly lower cost than local hiring. Additionally, offshore staffing for accountants enables firms to provide 24/7 service, enhancing their competitive advantage in a client-centric environment.
The Appeal of Offshore Solutions for Accountants
The advantages of offshore solutions are evident:
Cost Savings: Decrease payroll and operational costs while maintaining quality.
Scalability: Seamlessly expand your team during busy periods.
Access to Global Expertise: Collaborate with talented professionals from across the globe.
Conclusion
Offshoring represents more than merely a method for reducing expenses; it is a strategic initiative for companies that prioritize future growth. By utilizing offshore bookkeeping services, employing offshore accountants, and accessing specialized offshore tax assistance, accounting professionals are revolutionizing their operations, enhancing client service, and expanding their businesses. The accounting industry is becoming increasingly global, and those who are astute are already embracing this trend.
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CredfinoLLP
“
In the next few years, those who are first and best in achieving digital trust will become the new superhighways for a unified, single economy firing across a globally connected world. Using the resources and strategies delivered in this book, you can catch up with those who already have figured it out, and then accelerate past them. The first step is to acquire a new way of thinking about trust itself.
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Jeffrey Ritter (Achieving Digital Trust: The New Rules for Business at the Speed of Light)
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What’s the first thing you do now before you visit a new restaurant for the first time or book a hotel room online? You probably ask a friend for a recommendation or you check out the reviews online. Now more than ever, the story your customers tell about you is a big part of your story. Word of mouth is accelerated and amplified. Trust is built digitally beyond the village. Reputations are built and lost in a moment. Opinions are no longer only shared one to one; they are broadcasted one to many, through digital channels. Those opinions live on as clues to your story. The cleanliness of your hotel bathrooms is no longer a secret. Guests’ unedited photos are displayed alongside a hotel brochure’s digital glossies. TripAdvisor ratings are proudly displayed by hotels and often say more about the standards guests can expect than do other, more established star ratings systems, such as the Forbes Travel Guide‘s ratings. Once-invisible brands and family-run hotels have had their businesses turned around by the stories their customers tell about them. “With 50 million reviews and counting, [TripAdvisor] is shaking the travel industry to its core.” —Nathan Labenz It turns out that people are more likely to trust the stories other people tell about you than to trust the well-lit Photoshopped images in your brochure. Reputation is how your idea and brand story are spread. A survey conducted by Chadwick Martin Bailey found that six in ten cruise customers said “they were less likely to book a cruise that received only one star.” There is no marketing more powerful than what one person says to another to recommend your brand. “Don’t waste money on expensive razors.” “Nice hotel; shame about the customer service.” In a world where online reputation can increase a hotel’s occupancy and revenue, trust has become a marketing metric. “[R]eputation has a real-world value.” —Rachel Botsman When we were looking to book a quiet, off-the-beaten-track hotel in Bali, the first place we looked wasn’t with the travel agents or booking.com. I jumped online and found that one of the area’s best-rated hotels on tripadvisor.com wasn’t a five-star resort but a modest family-run, three-star hotel that was punching well above its weight. This little fifteen-room hotel had more than 400 very positive reviews and had won a TripAdvisor Travellers Choice award. The reviews from the previous guests sealed the deal. The little hotel in Ubud was perfect. The reviews didn’t lie, and of course the place was fully booked with a steady stream of guests who knew where to look before taking a chance on a hotel room. Just a few years before, this $50-a-night hotel would have been buried amongst a slew of well-marketed five-star resorts. Today, thanks to a currency of trust, even tiny brands can thrive by doing the right thing and giving their customers a great story to tell.
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Bernadette Jiwa (The Fortune Cookie Principle: The 20 Keys to a Great Brand Story and Why Your Business Needs One)
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change our focus so that the company was our product. The GGOB became an accelerated learning process we used to bring about a cultural and behavioral change and take down the walls that our command-and-control system had created.
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Jack Stack (The Great Game of Business: The Only Sensible Way to Run a Company)
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Simply. Accelerate your Results
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Anne Graham
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To measure market needs, I would watch carefully what customers do, not simply listen to what they say. Watching how customers actually use a product provides much more reliable information than can be gleaned from a verbal interview or a focus group. Thus, observations indicate that auto users today require a minimum cruising range (that is, the distance that can be driven without refueling) of about 125 to 150 miles; most electric vehicles only offer a minimum cruising range of 50 to 80 miles. Similarly, drivers seem to require cars that accelerate from 0 to 60 miles per hour in less than 10 seconds (necessary primarily to merge safely into highspeed traffic from freeway entrance ramps); most electric vehicles take nearly 20 seconds to get there.
And, finally, buyers in the mainstream market demand a wide array of options, but it would be impossible for electric vehicle manufacturers to offer a similar variety within the small initial unit volumes that will characterize that business. According to almost any definition of functionality used for the vertical axis of our proposed chart, the electric vehicle will be deficient compared to a gasolinepowered car.
This information is not sufficient to characterize electric vehicles as disruptive, however. They will only be disruptive if we find that they are also on a trajectory of improvement that might someday make them competitive in parts of the mainstream market.
The trajectories of performance improvement demanded in the market—whether measured in terms of required acceleration, cruising range, or top cruising speed—are relatively flat. This is because traffic laws impose a limit on the usefulness of ever-more-powerful cars, and demographic, economic, and geographic considerations limit the increase in commuting miles for the average driver to less than 1 percent per year.
At the same time, the performance of electric vehicles is improving at a faster rate—between 2 and 4 percent per year—suggesting that sustaining technological advances might indeed carry electric vehicles from their position today, where they cannot compete in mainstream markets, to a position in the future where they might.
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Clayton M. Christensen
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Like email, the handwritten note can't be replaced. Given the huge swing toward digital and automated messages, its stock is up these days. We'll bypass the robotic, automated handwriting services designed to make people think you actually took the time to write it yourself (don't get me started) and observe two specific benefits of a truly handwritten note: I made this just for you. I cared enough to spend the time. My personality is on the page. Through my handwriting, I'm expressing thoughts and feelings in a way that's completely unique to
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Ethan Beute (Rehumanize Your Business: How Personal Videos Accelerate Sales and Improve Customer Experience)
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Do you have a driver's license?"
"Of course," she said, not knowing if it was true or not. She was already sitting behind the steering wheel.
He tossed her the keys and she turned the ignition as he climbed into the car.
She pressed hard on the gas pedal and the car shrieked away from the curb. The back end fishtailed. She needed to get to school quickly and find some answers. She had a feeling that Catty wasn't going to last long in that place.
The light turned yellow ahead of her.
"Slow down!" Derek shouted as the car in front of them stopped for the light.
She didn't let up.
"You're going to rear-end it!" Derek cried, and his foot pressed the floor as if he were trying to work an invisible brake.
She jerked the steering wheel, swerved smoothly around the car, and blasted through the intersection, ignoring the flurry of horns and screeching tires.
Derek snapped his seat belt in place. "Why are you in such a hurry to get to school?"
"Geometry test," she answered, and buzzed around two more cars.
At the next junction she needed to make a left-hand turn, but the line of traffic waiting for the green arrow would delay her too long. She continued in her lane, and when she reached the intersection, she turned in front of the car with the right-of-way. Angry honks followed her as she blasted onto the next street.
"We've got time, Tianna!" Derek yelled. "School doesn't start for another fifteen minutes."
Would fifteen minutes give her enough time to get the answers she needed? She didn't think so.
She pressed her foot harder on the accelerator. The school was at least a mile away, but if she ignored the next light and the next, then maybe she could get there with enough time to question Corrine. She didn't think her powers were strong enough to change the lights and she didn't want to chance endangering other drivers, but she was sure she could at least slow down the cross traffic.
She concentrated on the cars zooming east and west on Beverly Boulevard in front of her without slowing her speed.
"Tianna!" Derek yelled. "You've got a red light!"
She squinted and stalled a Jaguar in the crosswalk. Cars honked impatiently behind the car, and when a Toyota tried to speed around it, she stopped it, too. She could feel the pressure building inside her as she made a Range Rover and a pick-up slide to a halt. She shot through the busy intersection against the light.
Derek turned back. "You've got to be the luckiest person in the world.
”
”
Lynne Ewing (The Lost One (Daughters of the Moon, #6))
“
Across the Americas and Asia, people told stories of hurricanes that destroyed homes and hospitals and took out government services, schools, and businesses. In the past, I had seen images of stranded polar bears and the disappearance of ancient glaciers, but these anecdotal stories from the front lines of climate change suddenly began to match the scientific findings I was reading with increasing concern. It seemed that Mother Earth was trying to tell us something—that depleting the earth’s resources at an ever-accelerating rate would ultimately lead to our own demise.
”
”
Mary Robinson (Climate Justice: A Man-Made Problem With a Feminist Solution)
“
Highly effective IT management exists within a business to improve productivity, increase revenue, reduce costs, optimize business solutions, and accelerate business performance.
”
”
Pearl Zhu (100 IT Charms: Running Versatile IT to get Digital Ready)
“
Frictionless IT catalyzes information flow, cultivates cross-functional communication, and accelerates business mobility.
”
”
Pearl Zhu (100 IT Charms: Running Versatile IT to get Digital Ready)
“
With rapid changes and continuous disruptions, adaptability is generally a requirement within digital business systems to accelerate the business speed and develop the organizational competency.
”
”
Pearl Zhu (100 IT Charms: Running Versatile IT to get Digital Ready)
“
Unfortunately, like Jonathan’s failed gate-based product development framework, most management processes in place at companies today are designed with something else in mind. They were devised over a century ago, at a time when mistakes were expensive and only the top executives had comprehensive information, and their primary objectives are lowering risk and ensuring that decisions are made only by the few executives with lots of information. In this traditional command-and-control structure, data flows up to the executives from all over the organization, and decisions subsequently flow down. This approach is designed to slow things down, and it accomplishes the task very well. Meaning that at the very moment when businesses must permanently accelerate, their architecture is working against them.
”
”
Eric Schmidt (How Google Works)
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Instead of developing a business plan, find ways to accelerate your learning and validate customers demand. The best way to do this is to build a prototype (with minimal features) and sell it to some early adopters. Then change the product repeatedly – daily if necessary – and keep supplying your customers with the new and improved versions. Listen to their feedback and use those ideas to make a better version and then get more feedback on that. Keep iterating until you get a fully featured product which your customers love.
”
”
BusinessNews Publishing (Summary: The Lean Startup: Review and Analysis of Ries' Book)
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When developing a Windows Store business app you should consult the following checklists to accelerate development while ensuring that a maintainable and testable app is produced.
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Anonymous
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The only constant is change, and the pace of change is accelerating
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Peter H. Diamandis (The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives (Exponential Technology Series))
“
We were at 0G in 1940, when the first telephone networks began to roll out. This was the deceptive phase. It took forty years to crawl our way to 1G, which showed up via the first mobile phones in the 1980s, marking the transition from deceptive to disruptive. By the 90s, around the time the internet emerged, 2G came along for the ride. But the ride didn’t last long. A decade later, 3G ushered in a new era of acceleration as bandwidth costs began to plummet—at a staggeringly consistent 35 percent per year. Smartphones, mobile banking, and e-commerce unleashed 4G networks in 2010. But starting in 2019, 5G will begin to hotwire the whole deal, delivering speeds a hundred times faster at near-zero prices.
”
”
Peter H. Diamandis (The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives (Exponential Technology Series))