Great reset davos

Everyone has a personal story to tell. Some people are just better than others at telling those stories. Learning to craft and share an origin story is a valuable communication skill that every entrepreneur and small business should strive to sharpen. Storytelling skills will help you differentiate your idea or the products and services you sell. An origin story means exactly what it says--it reveals the origin of an idea. Where I live, in Silicon Valley, the most famous origin story started in a garage. It goes like this: In 1976, two friends started a computer company. One person was a brilliant engineer, and the other had a passion for marketing and design. Together, the two Steves (Jobs and Wozniak) created Apple in the garage of the house where Jobs lived with his parents. Together, they revolutionized the industry and made computers easy to use for the average person. In 1985, Jobs was kicked out of his own company after a failed boardroom coup. He returned … [Read more...] about 4 Basic Elements of Great Storytelling

Share to Twitter Share to Linkedin Contrary to the legends about brilliant ideas just falling from the trees like apples, great innovators don't sit or wander aimlessly waiting for inspiration to hit them in the head. Serendipity is real, of course, as are eureka moments in the shower, but the most prolific innovators actively work to increase their odds of making momentous discoveries. Whether by choosing topics heretofore underexplored, selecting important problems, charting new territory, or leveraging existing skills, great innovators have a knack for positioning themselves in the right place at the right time. In a recent conversation with William G. Kaelin Jr. , 2019 Nobel laureate and the Sidney Farber Professor of Medicine at Harvard Medical School and Dana-Farber Cancer Institute, he shared that: "When I was a young boy, my father liked to fish. And I learned that one of the most important decisions a fisherman makes is where to fish. Likewise, … [Read more...] about Where Do Great Innovators Get Their Ideas? Five Tips From A Nobel Prize Winner

Share to Twitter Share to Linkedin It’s no secret that the urge to live in Utah is growing – and fast. Last year alone, almost 35,000 Americans migrated to Utah – 10,000 more than in 2020 and the most since 2005. The real secret is why. Even before COVID-19 hit, millennials and young Gen Xers had begun swapping their busy city lives for affordable suburban adventures with the opportunity to buy a house. The pandemic’s spike in remote work only catalyzed this movement. From July 2020 to July 2021, housing units grew faster in Utah than in any other state. Aside from its real estate value, a solid job market also drew people to Utah, which, with a current unemployment rate 1.5% below the national average, continues to do well. Then, statistics aside, there’s the fact that the state is just downright gorgeous. Of all the counties in Utah, it’s not difficult to understand why Tooele and Utah counties — roughly 30 minutes from Salt Lake City — are … [Read more...] about 5 Great Coffee Shops In Salt Lake City For Remote Workers

Paytm CEO Vijay Shekhar Sharma Paytm was the poster boy for India’s tech startups, only to lose two-thirds of its value since its IPO and become a symbol of the industry’s crash. Now its founder promises a sharpened focus on financial performance to convince investors of the money-losing company’s prospects. The digital-payments provider is set to become India’s first internet company to hit $1 billion in annual revenue by the end of this fiscal year in March, said Vijay Shekhar Sharma, 44. The brand, known formally as One97 Communications Ltd., is also shifting its attention from growth toward profitability, Sharma said in his first extensive interview following the high-profile public debut in November. “We’re earnestly chasing the $1 billion goal,” he said during an hours-long conversation last week at Paytm’s new chrome-and-glass headquarters in Noida, outside New Delhi, in a vast green expanse filled with wandering cattle. “For me, the public listing was a sort of … [Read more...] about Paytm CEO Vijay Shekhar Sharma seeks to reset fintech pioneer after IPO fiasco

Share to Twitter Share to Linkedin Professor Zvi Bodie, my long-time friend and Boston University colleague, has long been an avid proponent of I-bonds, introduced by the US Treasury in 1998. Given today's negative yields on TIPS (Treasury Inflation Protected Securities), Zvi's argument for I-bonds is particularly compelling. Professor Zvi Bodie is my long-time friend and Boston University colleague. He's also one of the world's top finance economists. Zvi's textbook, Investments , coauthored with Alex Kane and Alan Marcus, is used in all the major business schools around the globe and has been translated into 10 languages in addition to English. With Nobel Laureate in Economics, Robert C. Merton, Bodie co-authored an introductory textbook Financial Economics , which has been translated into nine languages. But Zvi's not just an egghead like me. He's absolutely devoted to helping people with their personal financial problems as his terrific … [Read more...] about I-Bonds — A Great, Safe Investment Opportunity

So you're a manager, and you're finding that your team has diverse personalities , egos and strong opinions. Your managing efforts under this daily scenario can be downright challenging. It's worse when people with opposing personal agendas, dictated by hubris , pull against each other. Political silos surface, people take sides, and morale eventually suffers. When it becomes about "you," you can bet that team progress, creativity, and productivity is about to be stifled. So how do you protect your team and team meetings from feeling like the drama in a bad reality-TV show? Set Team Agreements If your team drama has reached critical mass, it's probably time to set clear team working agreements. This sets the stage for the kind of team culture and values you want moving forward. For example, a team agreement might be something like "We all agree to engage the discussion fully with our mission in mind." It works because it's based on team … [Read more...] about This Powerful Meeting Hack Is One of the Best Ways to Inspire Great Teamwork

Share to Twitter Share to Linkedin News comes today that smart TV manufacturer VIZIO is about to join the ranks of aggregators, launching a service called VIZIO Accounts that will allow viewers to subscribe to multiple streaming services, including the newly available STAR AR Z , via their new VIZIO Account. VIZIO thus joins the ranks of Roku, Amazon AMZN and major MVPDs like Comcast CMCSA and FIOS in giving customers a simple way to manage their subscription TV services. In addition to the ability to pay for their subscriptions, users will also have the ability to consolidate their subscriptions and receive exclusive VIZIO-only discounts from those subscription services. This is very much in keeping with consumer demands. A recent study from Hub Entertainment Research found that a whopping 91% of US consumers wanted some sort of aggregation service. The reason for that is not hard to understand. With so many streaming services … [Read more...] about The Great Rebundling Builds Up Speed

Share to Twitter Share to Linkedin I've written a few times about both the value of older workers and the need for society to change how we perceive older people. This is especially so given the widely documented skills shortages across the economy in recent years. It should be hugely worrying, therefore, that the Covid pandemic has seen huge numbers of older workers leaving the workforce. In the UK alone around 300,000 extra workers aged between 50 and 65 have been identified as economically inactive since the start of the pandemic. Economic inactivity A recent study from the University of Essex explores some of the possible impacts this economic inactivity could have on the economy. The analysis reveals that while it may seem intuitive to think that those leaving the workforce are those with more financial stability, it is actually those with middle to lower-middle incomes that tend to be leaving. Indeed, the biggest rise in economic inactivity … [Read more...] about Covid Saw An Exodus Of Over 50s From The Workforce

Avinash Sable, 27, at the Tokyo Olympics. (Image source US Army Wikimedia Commons 2.0) One of the great stories in Indian track & field in the last 4-5 years, apart from the world-beating Neeraj Chopra in javelin, has been the rise of Avinash Sable, the 3000m steeplechaser who will try to do something unprecedented at the Commonwealth Games in Birmingham on August 6—win a medal for India in the event. His best time, 8:12:48 minutes, the national record, would have won him the silver in every edition of the CWG except for the 2018 Gold Coast Games, where he would have finished 5th. Avinash Sable (Image: Twitter/avinash3000m) The steeplechase, like any other distance running event, is the fiefdom of the East Africans. At the CWG, that means Kenya, who have won the gold in every edition since 1990, and led a full sweep of the podium in 2018. India have never had a steeplechase runner who could stand toe-to-toe with the top runners in the world, till Sable’s heady … [Read more...] about 2022 Commonwealth Games: The spectacular rise of 3000m steeplechaser Avinash Sable

Sagar Ahlawat, 23, will go up against the UK's Delicious Orie in the super heavyweight boxing final of CWG 2022, at 1.15am IST on August 8. (Image: Twitter/Boxing Federation of India) There’s nothing quite as satisfying for a sports writer as when she or he predicts possible outcomes in an ongoing tournament, and those declarations come true. This is less about ego—“I told you so!”—and far more about a certain kind of wish fulfilment . Because these predictions are never made on the back of just cold calculations, but also a “feeling”, and a deep-seated desire to see a dream come true, no matter the odds. In the course of the Commonwealth Games (CWG) 2022, I wrote about Smriti Mandhana being on course for batting greatness. On August 6, Mandhana played a spectacular innings—one of the finest in her career—to lift India into the finals of the women’s T20 event, beating home favourites England in the process. Another article was about long jumper Murali Sreeshankar’s … [Read more...] about 2022 Commonwealth Games: When dreams—and predictions—come true