As I sit here in the pre-dawn hour writing this week, it brought back to mind a conversation I had with a colleague where they made the comment that they were “burning the candle at both ends.” It’s an idiom we often use, similar to “burning the midnight oil,” denoting living at a hectic pace. But this idiom is interesting in that, while today we almost take a sense of pride at it, reality is that its origins implied a reckless waste. So as we head into a holiday weekend here in the U.S. and embark on summer for the northern hemisphere, take a moment to reflect on the pace you’ve found yourself drawn into the past few months.
Ben Thompson has an excellent read this week about the curse of culture, drawing parallels between Apple and Microsoft and in particular Jobs and Ballmer, but more so because he delves into the multiple levels of culture, from surface artifacts all the way to assumptions that blind us and hobble our organizations. Check it out over at Stratechery. While we’re on the subject of culture, let’s skip over to strategic leadership, and take a moment to read strategy+business’s thoughts on the ten principles of strategic leadership.
While I’m on the subject of Microsoft, our friends over there laid off another 1850 people this week, all tied to Windows Phone. That seems to indicate further retreat when it comes to the smartphone world; however there is a glimmer of hope in the news around a possible Surface Phone. All in all, the failed Nokia acquisition that Ballmer pushed through cost the company over $16 billion. At the same time, Walt Mossberg is posing the question of whether Apple can win the next tech war with a shift to AI.
Deloitte has an in depth report about the five trends shaping mobile connectivity. You can access the report here, and it is definitely worth the read as a whole, but Deloitte has provided a handy infographic for us as well. The five key trends shaping the future of mobile connectivity include (per Deloitte): mobility comes in all shapes and sizes, consumers can’t get enough mobile screen time, text and instant message are consumer favorites, mPayment usage is picking up speed, and network versus Wi-Fi is a regional preference. Deloitte also just trashed a whole lot of hype around the “$180 billion” fintech market.
Just a quick thing to note: researchers now say that medical errors are now the third leading cause of death in America.
We’ve heard a lot of doomsayers talk about how tech is going to destroy any number of jobs, with much denial from various government entities and others. Let’s face it, technology and advances in artificial intelligence will kill some jobs. That’s a given. But that doesn’t mean we should slow down tech advances to save jobs that are ending their life cycle naturally. One of those jobs? Over-the-road hauling – which brings up the subject of the amorality of self-driving cars.
Dealing with a pessimist on your team or elsewhere? Inc. has a few suggestions this week on how to interact with a pessimist, including such advice as not making too much eye contact. It sounds funny, but it’s a good article that wraps some very practical methods around dealing with people who are low on the EQ spectrum or generally unpleasant. Inc. also delves into seven habits you need to be an effective leader, and there will be no surprises there. A companion piece to the pessimism one is this one from The Atlantic on why so many smart people are unhappy. All I can say is that I must be an idiot.
There are a whole lot of incubators out there, from 500Startups to Stanford’s primarily alum-focused StartX and many more, so yet another wouldn’t seem like much news, except when this one is coming from Google. The work 500Startups has accomplished is pretty amazing, and incubators are now even focused on specific verticals like solar. Many incubators these days require their participants to have revenue and funding in place before they can join and are much less willing to take a shot over to the moon, all driven by competition. It’ll be interesting to see how Google plays in this space with Area 120. At the same time, there is the looming question of why are so many startups failing. At the same time, Snapchat just raised another $1.81 billion of funding.
Virgin, or all places, has a great article this week on innovation for hire, or how corporate giants are now injecting themselves with innovation. It speaks of the need for companies to foster intrapreneurship through an incubator model, and we’ve seen some amazing things come out of such programs at places like Microsoft’s Research arm or Google and others. To quote, “The notion that innovative working must become a staple of any 21st century organization is no longer in question. The question is whether or not more companies will embrace the change sooner rather than later.”
With Virtual Reality no longer being a part of a distant future, it’s time to start looking at how we can apply it beyond gaming and entertainment. Michael Bodekaer explores what is possible for science education through virtual reality in this new TED talk.