AR: It’s not an either/or but can be a both/and. Some of the firms we’ve interviewed and the people we talked to who work in maintenance really rely on new technologies or innovative approaches, whether it’s using artificial intelligence and predictive analytics and the internet of things—all these terms that are buzzwords if they’re not in context. But they use them for a particular purpose, which is to keep systems going. There can be a kind of resolution between these two concepts. Innovation and maintenance don’t have to be opposites. They can work together. But what’s needed is to take a step back and think about how they can work together instead of just putting blind faith in the shiny object. And then if that happens to the detriment of everything else, that’s where the problems appear. That’s when you see bridges collapsing, that’s when you see schools or organizations falling apart due to inattention of the … [Read more...] about How Silicon Valley turned true innovation into an overhyped delusion
Xi raises risks for silicon valley
"The overwhelming success of this issuance reaffirms State Bank’s paper as gold standard and showcases the investor interest for such quality papers. The apprehensions that prevailed in the market post Yes Bank AT 1 write down in March 2020 have been firmly put behind,” the bank’s deputy managing director (finance) Swaminathan J said in the release. … [Read more...] about SBI raises Rs 4,000 crore through additional tier 1 bonds
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: Every disruptive company has a natural viral audience that word-of-mouth can take it to. If it’s a cool enough product, you’ll get the early adopters. But most brands, if you really want to scale, there’s a time when you need to cross over—in the case of Airbnb—from urban, metropolitan hipsters, people who think it’s cool to try this brand, to more lucrative audiences like young families or boomers who don’t think it’s cool to try this brand, it’s actually potentially risky. You need a whole different set of tactics and tools to do that. Every brand faces that moment when they have to cross the chasm. … [Read more...] about What Airbnb Has Discovered About Building A Lasting Brand
According to Sibal, President Xi Jinping’s megalomaniacal behaviour has ensured that there is no backing out of the status quo ante in Ladakh: neither India nor China can move from their positions in Kailash Hills and Depsang plains respectively, without losing face, which turns the situation into a deadly impasse, heightening the chances of an armed conflict in the near future. Once a conflict begins, then it is difficult to either contain or predict their trajectory, he points out. … [Read more...] about India shows the way in checkmating a rampaging China