Showing posts with label Big Ideas. Show all posts
Showing posts with label Big Ideas. Show all posts

Thursday, May 7, 2015

How To Flare the Break Lines and Wiring Properly

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Wednesday, February 18, 2015

Not All Leaders Are Created Equal


I’ve always been interested in self-awareness as a leader’s capacity to take stock, to reflect, and to look at things defining a bigger perspective. But after I spoke withClaudio Fernández-Aráoz for my video series Leadership: A Master Class, I learned another reason why self-awareness is crucial for effective leadership. Here’s what Claudio had to say.

“We often think about self-awareness as the basis for developing our self-control, self-regulation, and social awareness. Our relationship management is based on those three clusters.

But self-awareness is also crucial for job allocation. Some people are outstanding for some jobs, and they are lousy for others. One of the most dramatic examples I’ve seen was in wonderful research done by Boris Groysberg and Nitin Nohria from Harvard on GE alumni. General Electric has not only a reputation of being an outstanding company, but it’s a talent factory. If you look at the profile of the Fortune 500 CEOs, the largest individual group are Harvard MBAs, and the second largest individual group are GE alumni.

Because it’s such a source of outstanding leaders, they were often recruited from General Electric into CEO positions of other companies. Each time a senior executive leaves GE to become the CEO of another company, instantly the market value of this new company spikes at least by one billion dollars, and in some cases by up to 10 billion dollars.

These two professors analyzed a group of 20 GE alumni. They found that the market value of a company always spiked once they hired this great executive from General Electric. But then they watched what happened over the next three years. They calculated the net person value of the value created, industry-adjusted, so that they could compensate for any factors in the sector.

They found that about half of these great GE executives created great value and the other half actually destroyed value.

And what was the reason for that? They weren’t always the right leader for the job. First, they may not have been a strategic fit. Some people are good for start-ups, some for turnarounds. Others are good for managing a cyclical business.

Second, they may not have been a good organizational fit. There are some organizations that focus on the long term, while others are focused on the short term. There are some organizations that are hunters; others are farmers. There are some organizations that are team oriented; while others value individuality. There are some organizations that develop people from within. There are some organizations that grow through mergers and acquisitions, while others grow organically.


Saturday, May 17, 2014

What to Do When People Doubt You


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Kelly Fram
I feel very let down by this article. The link I followed from LinkedIn promised an article on 'What to Do When People Doubt You'. I was hoping for some advice on how to bring people around to giving you a chance - not just the same old 'show them how wrong they are'. I received the same advice in grade school. I was hoping for some actual insights by a professional.

PATSY SBANO
, Peer Specialist at Goodwill Industries of Greater New York I feel I have to know and develop my personality, character, attitude heart, strengths , mind, and this I feel in my opinion is GOD and GIFT NATURE and NURTURE. Success begins in the early years of life in the home from parents if they are not motivated to succeed how can a child leave the house with confidence responsibility preparation for the opportunities and tragedies life will have waiting for them if mother & father overprotect shelter instill fear worry anxiety a child etc. these obstacles if not overcome early in life will impede success

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Mary-Jane Turcotte, Manager, Creative Services, Client Solutions at Sun Life Financial As women we are our own worst enemy. We sabotage ourselves with self-doubt and insecurities and prevent ourselves from taking on tougher challenges. Yes, there will be failures but we need to learn from them and move on.

jennifer mason It's not about Win or Lose - it's about Win or Learn

Shelley M. Duke, Manager, Office of the CEO at Nectar Online Media, Inc. So how would you suggest getting out of the rut and negative thinking that continual failure is inevitable because it's happened over and over?

Heather Saucier, corporate communications in the oil and gas industry. at Houston, Texas Great advice!


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Sunday, April 27, 2014

Health Data: Are You with the Sharers or the Hoarders?

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My former business partner Todd Park is pretty busy these days as Chief Technology Officer of the U.S., setting data free through President Obama’s Open Data Initiatives. A passionate believer in the power of information, Todd embraces the idea that by putting data out into the public domain, we create the potential for entrepreneurs and innovators to transform that data into products and jobs.

He’s not alone. This approach has sparked innovation across information categories, such as weather (Weather Channel) and global positioning (Waze), and is now being rolled out in a variety of sectors, from energy to education.

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Building A Successful Analytics Organization

We are often asked, “what is the best way to create an analytics organization within my company?” While there is no one right answer, we have had the opportunity to observe many highly successful organizations and have identified a few keys to building and running a successful analytics organization.

Let’s start with the reporting structure. Who reports to whom? Who sets the strategy? We have observed firsthand the struggle organizations go through when trying to figure out where analytics should live within the organization — IT, Marketing, Finance, Operations, Office of the CEO. We believe that the analytics organization should report up through a “neutral party,” this avoids as much as possible the political infighting that happens when insights generated by the analytics organization reflect poorly on the performance of team leadership.

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A freeboard screenshot.

Bug Labs launches Freeboard as part of a technology toolset

Bug Labs, a software firm behind a of a variety of connected devices and services, is sick of the fragmented nature of the internet of things. So it has created a technology toolset to help tie different devices together and make playing with connected hardware a little easier. The first tool, Dweet was launched in February and lets you insert a bit of code onto a device to start tracking it.

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Snowplow.Arch

AWS Case Study: Snowplow

Snowplow Analytics provides an event analytics platform. The UK-based company enables its clients to collect granular, customer-level, and event-level data from multiple platforms, including web and mobile, and load that data into structured data stores to support advanced data analytics. Snowplow customers, who include retailers, media companies and gaming companies, mine and visualize data using Business Intelligence tools such as Looker and Tableau, and statistical and modelling tools like R and pandas. Snowplow is an open source platform: businesses can download Snowplow and set it up on their own AWS accounts, giving them complete ownership and control over their event data.

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Slideshare Roll UP @cyrustmybjaz29


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20140423_4

I have for decades watched CEOs and other executives try to explain a corporate strategy to a small group of senior managers or to a much larger group of staff. For the most part, it has not been a pretty sight. In the case of senior managers, I usually hear 3 or 4 different interpretations of what the boss said, or disagreements about what they thought he or she said. In either case, no alignment at the top. In the case of a larger group of staff, often many people look on blankly during the presentation. They may appreciate a CEO’s willingness to share crucial plans. But because they don’t have the context or experience, they can’t even begin to understand what is being thrown at them in a thick PowerPoint deck. And what they do see certainly doesn’t make them want to get up in the morning and come to work.

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Tuesday, April 22, 2014

Food And Beverages Business

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Sun Pharma-Ranbaxy Deal Has Some Important Lessons

Over the last few days, media has been abuzz with the news of Sun Pharma’s $4-billion acquisition of Ranbaxy.

 Given the fact that it is the second largest acquisition in the Indian pharmaceutical sector till date, it is not surprising that everybody is fixated on the sheer size of the deal.

 But if you look beyond the fancy valuation, this courageous move by Sun Pharma founder Diliip Shanghvi to buy out the beleaguered Ranbaxy from Daiichi Sankyo has some important lessons for everybody.

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Answers to Your Most Common Questions for Cinnabon

It is a version of our famous cinnamon roll made for that environment – definitely not intended to be the same as our hand rolled classic Cinnabon Cinnamon rolls you get in our bakeries in malls. They are different – it takes a lot of labor and square footage to make the classic rolls we are famous for, but we do have versions of baked goods (like the MiniBon Roll at Burger King or the Delights at Taco Bell that are inspired by our famous products in our hand-rolling bakeries, but different as they are made for a fast-food environment).

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Change Your Focus to Only One Thing: Depletion at the Retail Level

If you focus on how your brands are performing at the retail level and work with your distributor and import partners in your launch months, it will help you build your brand more effectively. The market feedback that you will gather will help you educate your own team and prepare you for your next distributor call when you can show them “why your brand works”.

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State of the Beverage Industry: Catching up to Customers

Traditional grocery stores were built for their parents’ (or grandparents’) generation, when almost all meals were prepared at home and people needed to buy a lot more ingredients. My mom used to love going to the grocery store and walking the store aisles. She went every day at 4pm. Part of that may have been that she had to have enough food to feed five kids, but part of it was that it was her hour to be out of the house and socialize. Nida was her favorite checkout woman and would ask how the soccer game went the night before or if my mom liked the recipe she gave her. Going to the grocery store was a fun part of the day.

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The East African “miracle grain” that could become the next quinoa

But teff is also similar to quinoa in another, more problematic respect, which has complicated the grain’s growth. Quinoa was once as unknown to the North American diet as teff is today. Positioning it as a miracle food—packed with protein but not gluten, full of nutrients but not calories—helped international sales soar. That has been a mixed blessing for the leading exporters of quinoa. In Bolivia, quinoa prices skyrocketed by 900% between 2000 and 2013, making it hard for Bolivians to enjoy the crop themselves.

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Subway restaurant bread

How a Chemical Used in Rubber Found Its Way Into 500 Food Products

Environmental Working Group, the nonprofit that released the report, is trying to persuade food manufacturers to stop using azodicarbonamide, or ADA, which acts as a kind of baking powder in the making of rubber, plastics, and ceramics, making them lighter and more elastic. Food producers took to using the same chemical to soften the texture of baked goods.

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Monday, April 21, 2014

What Makes a Great Entrepreneur?

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What makes a great entrepreneur? Who achieves the American dream of prosperity and success through the application of sheer hard work, determination and innovation?

Look at the numbers and you’ll find good evidence that immigrants and others who come from nothing are the ones who make it to the top.

A study by the Partnership for a New American Economy, for instance, found that more than 40 percent of Fortune 500 companies were founded by immigrants or their children. In fact, the revenue generated by these companies is greater than the gross domestic product (GDP) of every country in the world except the U.S., China and Japan and include seven of the 10 most valuable brands in the world.

Foreign-born entrepreneurs are now behind even more initial public offerings and economic growth than before the recession, according to the National Venture Capital Association.

These numbers don’t surprise me. I’ve long known and appreciated the opportunity that this great country offers. My own parents immigrated from India with just $25 in their pockets and a burning desire to make a fresh start. A year or so later they brought me (just before my fourth birthday) and my three siblings to join them. America has given me the opportunity to achieve my dreams and I’m blessed to be a third-time successful entrepreneur.

That same opportunity exists for everyone—immigrants, if you come from nothing, middle-class, and even the children of the wealthy—if you’re willing to work for it.

What makes a great entrepreneur? A willingness to overcome fear. A willingness to work way beyond a 9 to 5 routine. A willingness to make mistakes and fail, and to learn lessons.

A great entrepreneur pushes the envelope; makes tough decisions; remains positive in spite of adversity; never accepts ‘no’ as an answer; is a risk-taker.

A great entrepreneur always wants to be the best and knows that life is a continuous journey of discovery and betterment and seeks to enrich the lives of others.

JFK was passionate about the opportunities that exist in America and the vital part played by people from around the world who make a new beginning in this country. He was passionate about immigration reform and authored a book called “A Nation of Immigrants.” In it he writes about America as a nation of people who explore new frontiers and of immigrants who deserve the freedom to build better lives for themselves in their adopted homeland.

Today’s immigrants are often pioneers with the same can-do spirit as those who opened up the American west in the 1800’s. Many are exploring new and just as exciting frontiers in astounding and innovative ways—like Google co-founder Sergey Brin who was born in Russia; Pierre Omidyar, the French-born Iranian who created eBay and Jerry Yang co-founder of Yahoo! who was born in Taiwan and says that when he immigrated to the U.S. at the age of 10 he only knew one word of English—shoe. Intel co-founder Andrew Grove hails from Hungary; Steve Chen of YouTube from Taiwan; Steve Jobs, of course, was the child of an immigrant parent from Syria. The list goes on and on.

A recent truly inspiring example of an immigrant rags-to-riches success story is that of WhatsApp co-founder Jan Koum, who was born and raised in a small house in a village in the Ukraine which had no hot water. Last February, when he sold his instant messaging company to Facebook for $19 billion he picked a meaningful spot to sign the deal—a disused Social Services office where, at the age of 16, he and his mother once stood in line to collect food stamps.

As former New York City Mayor Michael Bloomberg has said, “America has always been a magnet for the world’s most talented and hardest working.”

Beyond the high tech world there are dozens of iconic U.S. companies founded by entrepreneurs who were born in other countries. When July 4th rolls around this year and you celebrate independence with a traditional barbecue think of this: Your Ball Park Franks (Sara Lee) with Kraft American cheese and a dollop of Hunt’s Ketchup (conAgra) all come from companies launched by immigrants.

Immigrants and those from poverty-stricken backgrounds are often the individuals who fully appreciate what America has to offer. They’ll do menial jobs, just to get a start. They’ll turn adversity into adventure. They have grit.

As someone once said, only those who will risk going too far can possibly find out how far one can go.

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Gurbaksh Chahal

BY: GURBASKH CHAHAL


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5 Key Words of Advice from the World’s Most Famous Customer Service Representative

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Dos Equis may lay claim to The Most Interesting Man in the World, but it’s another brand that boasts the world’s most interesting and famous customer service representative: Virgin Group Founder, Richard Branson.

While the billionaire son of a barrister and flight attendant could easily take a break from the business spotlight, he chooses to continually shine it toward what he believes is a key differentiator for all brands including his own, and that’s customer service. In Forbes, Entrepreneur magazine, the Wall Street Journal, and on his own blog and Twitter (when Richard Branson tweets, it’s him, not an assistant or a PR firm), Branson consistently credits customer service as a key to his companies’ and other companies’ success. And if Sir Richard Branson is willing to dress up as a female flight attendant and serve drinks in front of the cameras (even if it was the result a bet), you better believe he is willing to do whatever it takes to promote his brand’s service.

Here are five key words of advice for any customer-focused organization from The World’s Most Famous Customer Service Representative:

1. On setting realistic customer expectations from Entrepreneur magazine: “The key is to set realistic customer expectations, and then not to just meet them, but to exceed them — preferably in unexpected and helpful ways.

“If you are seizing on a new business opportunity, deliberately move your customers’ expectations up a few notches and consistently over-deliver on your promises — you will leave your competitors struggling to catch up.”

2. On hiring the right people and empowering them to do the right thing from Entrepreneur magazine : “Doing things better doesn’t have to cost more — all it takes is a little creativity and attention to hiring, training and management.

“To achieve consistently terrific customer service, you must hire wonderful people who believe in your company’s goals, habitually do better than the norm and who will love their jobs; make sure that their ideas and opinions are heard and respected; then give them the freedom to help and solve problems for your customers. Rather than providing rules or scripts, you should ask them to treat the customer as they themselves would like to be treated — which is surely the highest standard.”

3. On responsiveness to customers from Live Mint and The Wall Street Journal: “A successful business must never lose its focus on its customers and its standards. Managers and executives need to be constantly on their guard and respond quickly to problems. Thanks to the Internet, the fallout from a badly handled complaint in London can reach the other side of the globe within seconds. When an issue turns up, a company’s response can have a big impact on its reputation and its long-term success.”

4. On making a good first, and even better second, impression from the American Express Open Forum: “In business, creating a favorable impression at the first point of customer contact is an absolute imperative. Though everyone knows this, many companies still only manage to do a mediocre job at best.

“But what isn’t widely understood is… the customer’s second impression of the brand can be even more important than his first. The second interaction a customer has with your business usually involves something that has gone wrong — they’re having trouble using the product or service. Handled correctly, this is a situation in which a company can create a very positive impression. Sadly, it’s where things often go terribly wrong.”

5. On customer service as a business differentiator from Forbes: “Look, I think that when we started Virgin Atlantic 30 years ago, we had one 747 competing with the airlines that had an average of 300 planes each. Every single one of those have gone bankrupt because they didn’t have customer service. They had might, but they didn’t have customer service, so customer service is everything in the end.”

(Photo: Virgin Group founder Sir Richard Branson serves travelers aboard a Virgin America flight New York to San Francisco in a handout photo from Virgin America.)


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Tricia Morris


BY: TRICIA MORRIS


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Simple Tricks to Immediately Boost Your Confidence

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Skill takes time to build. Talent takes time to nurture. So if you want to perform better right now, there's only one way: Feel more confident. Everyone's been there. We don't need research to confirm the more confident we feel the better we perform.

Of course actually finding that dose of confidence, especially when we need it most, is the real trick.

I've written about the best way to be more confident and ways to get a quick jolt of confidence. (As well as some ways to use body positions and gestures to improve performance.)

And that's why I love this guest post from Christina DesMarais, a writer for Inc.com, Forbes, PCWorld, and the Minneapolis Tribune.

Here's Christina:

Whether you have to give a speech, need to negotiate with someone, want to find a mate, or simply get ahead in life, confidence is your best friend. If you're lacking in that regard, here's how to change your thinking or in the very least make it appear as if you're comfortable in your own skin.

1. Don't slouch.

Regardless of your confidence level, slouching communicates you lack faith in yourself.

Try posting a note on the edge of your computer display with a reminder such as an up arrow in thick red marker or the words "SIT UP STRAIGHT". To correct yourself, roll your shoulders back and imagine someone just pulled a string from the top of your head, elongating your spine and raising your chin so it's in a neutral, forward-facing position.

If you're really serious about improving your posture you could try LumoBack. It's a $150 sensor you strap around your lower back under your clothes. Every time you slouch it vibrates to remind you to straighten up. The LumoBack app, which works on newer iOS devices, reports on how well you're doing, as well as other activities, such as steps taken, how much time you spend sitting and how many times you stood up in a day.

2. Understand that most people aren't thinking about you.

Self-conscious people worry too much about what others think about them. The thing is, usually other people aren't thinking about them--at all.

Imagine you had the magical power to read the thoughts of the people around you. You know what you'd hear a lot of? Stuff like this:

Crap, I forgot to stop by the bank... I shouldn't have eaten that cake Susan brought to work, now I feel fat... I hope Sara flirts with me again tonight at volleyball like she did last week... Why should I have to clean the downstairs bathroom when Bill is the only one in the house who uses it?
Notice how many times "I" might pop up? Humans are remarkably self-absorbed.

3. Nix negative self-talk.
If "diffident" describes you well, there's a good chance you're an over-thinker with a lot of negative self-talk rolling around in your head.

Pay attention to what you're saying to yourself. Every time you think something like "I can't do this" replace it with something positive such as "I'm going to give it my best shot." The key is to step out of yourself and look at your self-talk as an outsider. How would it make you feel to hear someone sitting next to you say "I'm so [fat, dumb, ugly, slow, etc.]?" Pretty harsh, right?

Nurture yourself within your thought life, just as you might with someone else.

4. Lighten up.
Some people are naturally more serious than others. If this is you, learn to smile and laugh more. Even a simple grin will suffice to entice others to want to be around you.

To make smiling a habit, set a time when you'll practice doing it for several minutes straight--maybe in the car on your way to work. It will seem weird, but after a while smiling will come more naturally. Studies have also shown that forcing yourself to smile is good for your health, as well.

Need help laughing? America's Funniest Home videos work wonders for me, and can easily be streamed online for free. Or why not plug some headphones into your computer and get happy during your lunch break with a comedy channel on YouTube? Or use the "funny" filter at Ted.com to watch TED Talks that will get you giggling.

5. Handle mistakes with grace.

How you handle slip-ups is also important. Confident people understand no one is perfectand however you just screwed up, it's probably not the end of the world.

Ask yourself: How important will this mistake seem in three months?

If whatever you did involves your work output, acknowledge your flub and vow to do better next time. If your "mistake" is only that you said something stupid or tripped over a box in the storage room landing in a mess on the floor, try laughing it off. It's the most gracious way to handle a blunder.

6. Get feedback.

Toastmasters Internationalis the classic confidence builder. It's a speaking club to which nearly 300,000 people since 1924 have turned to develop their skills, get great feedback, and learn how to be more comfortable in front of an audience.

Membership is only around $36 every six months and there are approximately 14,500 clubs across the United States.

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Jeff Haden

BY: JEFF HADEN


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