Fred Wilson- A VC- Musings of a VC in NYC
Fred is a long term NYC based VC who funded some of the late 90's Silicon Alley ventures. I noted somebody mentioned Seth Godin above. As Flatiron Partners Fred Wilson was a funder behind Seth's Yoyodyne online marketing company that was sold to Yahoo.
On Fred's blog is a post about "Disruption" and link to the video of a presentation recently given at Google surveying industries and where opportunities for investing in disruption exist. It is highly recommended viewing for a look ahead.
"LexisNexis has surveyed 500 people working in information services in a range of roles across Europe. In depth interviews were held with professionals in France, Germany and the Netherlands and a broader survey was sent out to information professionals across Europe. Finally, the researchers interviewed senior academics to review the findings."
Staying ahead in the accelerating artificial-intelligence race requires executives to make nimble, informed decisions about where and how to employ AI in their business. One way
to prepare to act quickly: know the AI essentials presented in this guide.
" Innovation Culture - MIT Sloane talk by the charismatic CEO, Terri Kelly.
The top things I took from this inspiring talk are:
- Staff turnover only 5% (the new hire process is lengthy and rigorous to ensure cultural fit)
- CEO is elected by staff (CEO is one of the few job titles in the organisation
- Costs are regarded as 'investments'
- Every individual has a sponsor or coach
- Leaders get there through others wanting to follow, not their power
- Innovation culture is the MAIN driver of business results
- Business units are no larger than 250 people (the founder talked about divide to multiply)
- 'Give them the right tools, minimal bureaucracy, responsibility for P&L, expect people to lattice (network), organise around small teams'.
Lastly, the culture at Gore has evloved of 50 years - it takes huge effort (equal to strategy and business development) and a lot of time to change culture
I screen grabbed some of the culture survey questions that staff fill out about their leaders (not the other way round) http://members.ki-network.org/innovation/Innovation%20SIG%20Picture%20Library/Forms/DispForm.aspx?ID=1"
Preventing valuable knowledge from walking out the doorLike many other companies, TVA is facing the imminent retirement of a large percentage of its work force-an estimated 30 to 40 percent of employees will retire over the next five years. These experienced employees possess much unique, undocumented knowledge. Many of them literally built the plants and facilities that they now operate and maintain.
TVA were the pioneers for knowledge retention. The original presentation to their board was back in 1998. Most other KRT programmes, including M&S and KIN can trace their origins back to this original work by Andy Wright, a senior manager in Leadership Development at TVA.
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Cisco Building the Next Generation Company: Innovation, Talent, Excellence
MIT seminar - Cisco President, John Chambers' presentation on the future of successful businesses"
Lisa Minogue-White from Willow shares their experience of creating Corporate Moocs and explores the ideas behind opening up learning, allow for the user to learn complex subjects together via a learning framework.This presentation is part of a series from the recent 'Learning Technologies' event in London. Debbie Lawley from Willow ill be joining us at the Autumn workshop to share more ideas on how to create these Learning pathways in your own organisations.