From the outset, New10 was designed to function more like a startup than an offshoot of a large traditional banking outfit. Pfaff built a dedicated team that wouldn’t have to split time with other ABN AMRO projects, and worked to instill a fast-paced culture of development. But unlike a startup that can work in relative obscurity, New10 became a curiosity for the larger ABN AMRO community. The venture initially was housed in offices near the parent company’s headquarters, which meant more oversight from ABN AMRO executives and staff than Pfaff expected. “We got a lot of visits and a lot of questions, which tended to take time away from the team,” Pfaff says. … [Read more...] about How big companies can adopt a startup mindset
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SPEED IS IMPORTANT From supersonic jets to hyperloop projects and high-speed trains, the transportation industry is exploring creative measures to slice travel times for passengers. Harris sees a big opportunity to ramp up train speeds around the country. Amtrak’s high-speed Acela service already operates in the Northeast, with new Acela trains expected to debut next year. And Amtrak trains regularly reach speeds of 110 mph in some areas, such as between Detroit and Chicago. But Harris said there are many areas where existing rail infrastructure can be upgraded to deliver higher-speed trains to consumers. “We have about 30 different opportunities around the country where we can build on existing infrastructure,” he said. … [Read more...] about What’s driving disruption in transportation?
That was especially important when trying to solve the problem of food safety for a newly announced initiative between IBM and a group of food giants including Walmart, Dole, Kroger, and Nestlé. According to the World Health Organization, 1 out of every 10 people get food poisoning every year, leading to 420,000 deaths. But figuring out how fruits or meats become contaminated in the first place is a serious undertaking that typically requires companies to trace the food in question back to the farm it came from. This can take weeks of research, or more–in the 2011 outbreak of salmonella in imported papayas, it took two months for investigators to track down the source of the contamination. That means more people get sick, and companies waste food and lose revenue. … [Read more...] about Why Blockchain Needs Design
Overall, CEOs are not so positive about their own companies' prospects for the year ahead, with only 27 per cent of global CEOs saying they are “very confident” in their own organisation's growth over the next 12 months – the lowest level seen since 2009 and down from 35 per cent last year. … [Read more...] about India 4th best market for global companies looking for growth abroad: CEO survey
The report also mentioned two other offers by Pune-based builder Aniruddha Deshpande and UV Asset Reconstruction Company (UVARC).Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Oberoi, Interups join race to buy Lavasa: Report