Quote of the week - Anna Wintour
It's very important to take risks. I think that research is very important, but in the end you have to work from your instinct and feeling and take those risks and be fearless.
Who is Anna Wintour, she is a British journalist and editor. She has been editor-in-chief of Vogue since 1988.
The Price is Right: Essential Tips for Nailing Your Pricing Strategy
If you won’t take Price Intelligently Co-founder and CEO Patrick Campbell's word on the grand consequence of pricing strategy, heed the wisdom of Berkshire Hathaway’s Warren Buffet: “The single most important decision in evaluating a business is pricing power,” says the Oracle of Omaha, ranking it above good management. “If you’ve got the power to raise prices without losing business to a competitor, you’ve got a very good business. And if you have to have a prayer session before raising the price by 10 percent, then you’ve got a terrible business.”
The Backfire Effect — How you can persuade even your toughest customers (or two year olds)
The concept of persuasion has been on my mind a lot. Especially with the current political climate. And something I keep reading about is the “backfire effect" ......
Example re AI Scaling in Financial Services
I love examples of tech that allows business to scale 10x .... There have been many technologies with the potential to change the world, but nothing comes close to the promise and potential of AI and its ability to transform businesses and industries. Combined with the maturity of Big Data, Mobile, Cloud, and Analytics, we’re truly at the forefront of a massive technology revolution, arguably at the same scale and impact of the web browser.
Listen to What’s Being Whispered, not What’s Being Said
I don’t watch a lot of movies, but I’ve re-watched Inception with Leonardo DiCaprio a few times. I’ve realized what draws me to the movie is that it illustrates an important concept: the power of whispering ...
All Hail Medium-Term Planning
There is a chronological no-man’s land that executives steer diligently clear of, as if it were a sort of Bermuda triangle. Think about it. When did you last hear a CEO utter the words, “In nine months time…” or “This time next year…” or “By the fall…” We have worked with corporations throughout the world, and the phrase we simply never hear is this: “the medium term.”
Berok Khoshnevis wants to 3D print houses with Contour Crafting - Tech Insider
There are roughly 863 million people living in slums, with that number continuously rising, according to the World Health Organization. That's a massive issue, especially when you factor in Maslow's hierarchy of needs, a theory in psychology that outlines the basic needs of humans. As Berok Khoshnevis, a professor of engineering at the University of Southern California, points out, shelter is considered a fundamental need in Maslow's pyramid. That's why Khoshnevis wants to tackle the world's housing crisis head on using tech. Click through to see his plan
How Math Secretly Affects Your Life | Bill Gates
Jordan Ellenberg, the author of How Not to Be Wrong: The Power of Mathematical Thinking, studied under Sternberg, but I think I’d like his book even if we didn’t have that in common. On the surface it’s about math, but it’s really about how much math plays into our daily lives without our even knowing it.