AR: I think what we want to do is to give [companies like GE] an out in a way, and to say, we really need to pay more attention to the things that people have taken for granted, to long-term strategies. We shouldn’t be distracted by the allure of being what GE tried to call itself: the 124-year-old software startup. We should just recognize that it doesn’t feel right because it’s not right. And it’s okay to just be 124 years old and make really good products and pay attention to the basics and reward and compensate the managers and the staff in the company that create experiences or products that people can rely on. Our book is really trying to make that case, not only for a company like GE, but to say, we understand, we all understand intuitively that [maintenance] is desirable. We exercise or we try and eat right. We try and keep up with our gadgets and our stuff around our houses, because we understand that maintenance and upkeep are important. So let’s … [Read more...] about How Silicon Valley turned true innovation into an overhyped delusion
Laser eye center of silicon valley
It had been reported last month that Microsoft Corporation was in the running to secure a deal to buy all of TikTok's global businesses, including its India operations. In the US, TikTok faces a September 15 deadline to either complete sale of its operations to Microsoft or face a ban in the country. … [Read more...] about SoftBank may bid for TikTok’s India assets, eyes local partners: Report
On the other hand, don’t make permanent decisions based on the current environment. We are all in a period of uncertainty and must do our best to accommodate one another. We should assume those accommodations will last at least a year. But Bill would likely counsel us that decisions around commuting and our work environments and locations are best not made in times of crisis. We may well discover that some teams and functions can succeed remotely, but others cannot. Let’s do that evaluation ex post and not ex ante. … [Read more...] about What would Bill Campbell do?
NB: There are four dimensions of value. The first is financial: Brands are a financial asset on the balance sheet. That’s one reason you should invest in them. When Gillette was acquired by P&G, the value of the brand alone was $25 billion. Number two is consumer value: Brand drives consumer decision-making. Number three is growth: Brands that transcended their category and cross over into different products, a lot of them have a clear iconic vision. The way that Apple has managed to go from a desktop computer to an iPod to a phone to monitoring people’s fitness and being a watch, it’s coming from the same thing: creative tools for creative minds. That empowers and enables them. And the fourth value is cultural value: Iconic brands have a disproportionate share of cultural voice, and they hold the internal culture of companies. … [Read more...] about What Airbnb Has Discovered About Building A Lasting Brand
Javier Piedra, deputy assistant administrator of the Bureau for Asia at USAID, said that in the case of India and Israel, they had a "peer-to-peer relationship", always looking to see how they might advance their respective activities cooperatively so that they might leverage common goals, resources, and comparative advantages in pursuit of self-reliance globally. … [Read more...] about India, US, Israel collaborating in 5G tech: Official