Gates to Stanford grads: Let your heart break

23. June 2014

Date: 23-06-2014
Source: Fortune

Bill & Melinda GatesBill and Melinda Gates deliver a stirring address on optimism to Stanford University’s 2014 graduating class.

How do you inspire a group of unusually smart, hard working, optimistic, and largely privileged youngsters who are already destined for success? Encourage them to learn from those most in need; urge them confront inequity; exhort them channel their optimism with empathy; oh, and remind them that for all their accomplishments, they wouldn’t be where they are without a heavy dose of luck.

That was the message that philanthropists Bill and Melinda Gates delivered to Stanford’s 2014 graduating class in a poignant commencement address.

At a time when inequality is becoming one of the central issues of our time, the Gateses, whose foundation has become one of the most formidable philanthropic enterprises in history, exhorted graduates to pursue a mission-driven life. While both speakers were inspiring, it was Melinda Gates who delivered the most stirring lines. Here’s she is on channeling optimism:

Optimism for me isn’t a passive expectation that things will get better; it’s a conviction that we can make things better—that whatever suffering we see, no matter how bad it is, we can help people if we don’t lose hope and we don’t look away. Read the rest of this entry »

Enabling Big Data: Building the Capabilities That Really Matter

5. June 2014
BCG Perspectives:
by Rashi Agarwal, Elias Baltassis, Jon Brock, and James Platt
May 13, 2014

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3-D Printing’s Promise—and Limits

2. June 2014

Date: 02-06-2014
Source: The Wall Street Journal

So Far It’s Proving to Be Great for Prorotypes and Small Production Runs, but Not So Much for Bigger Jobs

turtler transmitter 3dRest Devices used 3-D printing to make the “turtle” transmitter in its onesie monitor—until it got a big order and switched to injection molding. Mimo

Manufacturers are finding that a revolutionary technology has its limits.

According to enthusiasts, 3-D printing was supposed to rewrite the rules of how things get built. Forget building new factories, or outsourcing production to China. The compact devices would launch a manufacturing renaissance centered in people’s living rooms and garages.

It may yet do all that. But for now, here’s the reality: The technology works very well in some settings—but it doesn’t scale very well. Product designers and manufacturers say that 3-D printing beats traditional methods for jobs involving complex designs or limited production runs. But if companies need to crank out thousands of products in a short time, traditional methods are faster and more cost-effective.

“If you need more than a few thousand” items, says Denis Cormier, a professor of industrial and systems engineering at the Rochester Institute of Technology in New York, “you’re probably better off doing injection molding of a plastic part.” Read the rest of this entry »