28. June 2015

Date: 28-06-2015
Source: The New York Times
Subject: The Mouth Is Mightier Than the Pen

Few methods beat email for sending communication blasts, getting a note in front of a far-flung sales prospect or employer, or attaching pictures and documents.

Too bad about the downside: You may not sound your smartest.

New research shows that text-based communications may make individuals sound less intelligent and employable than when the same information is communicated orally. The findings imply that old-fashioned phone conversations or in-person visits may be more effective when trying to impress a prospective employer or, perhaps, close a deal.

Vocal cues “show that we are alive inside — thoughtful, active,” said Nicholas Epley, a professor of behavioral science at the University of Chicago Booth School of Business and one of two co-authors of the paper, “The Sound of Intellect,” published in Psychological Science this month. “Text strips that out,” he added. Read the rest of this entry »

Unlocking the potential of the Internet of Things

25. June 2015

Date: 25-06-2015
Source: McKinsey.com/insights

The Internet of Things—sensors and actuators connected by networks to computing systems—has received enormous attention over the past five years. A new McKinsey Global Institute report, The Internet of Things: Mapping the value beyond the hype, attempts to determine exactly how IoT technology can create real economic value. Our central finding is that the hype may actually understate the full potential—but that capturing it will require an understanding of where real value can be created and a successful effort to address a set of systems issues, including interoperability.

To get a broader view of the IoT’s potential benefits and challenges across the global economy, we analyzed more than 150 use cases, ranging from people whose devices monitor health and wellness to manufacturers that utilize sensors to optimize the maintenance of equipment and protect the safety of workers. Our bottom-up analysis for the applications we size estimates that the IoT has a total potential economic impact of $3.9 trillion to $11.1 trillion a year by 2025. At the top end, that level of value—including the consumer surplus—would be equivalent to about 11 percent of the world economy (exhibit). Read the rest of this entry »

Are Companies Any Good at Picking Stars?

17. June 2015

Date: 17-06-2015
Source: The Wall Street Journal

Despite new assessment tools, the hunt for high-potential employees is more art than science

Companies are searching for future stars and they’re stumped.

At a time when firms have more data than ever on employees’ habits and productivity, predicting which employees will excel in bigger jobs remains more art than science. These “high potentials” can help companies ensure they have leaders for the long-term, but managers say their picks don’t always work out.

“People are horrible at predicting the future,” says Tom Rauzi, director of global talent at Dell Inc.

For the moment, algorithms aren’t much better. Some makers of human-resources software say they’re working on developing new ways to predict potential but aren’t quite there yet. And companies like Nokia Corp., American Express Co. and SAP SE are rethinking how to gauge employee potential—focusing on new metrics, using games to identify traits like perseverance or classifying workers’ abilities differently—but have not yet developed a quantitative approach that cracks the code. Read the rest of this entry »

Google says crazy moonshot projects will ensure its lasting success

4. June 2015

Date: 04-06-2015
Source: Fortune

Self-driving cars and smart contact lenses may seem like moonshots now, but they’ll help the company remain successful, chairman Eric Schmidt told investors on Wednesday.

Google shareholders may criticize the company’s moonshot projects like self-driving cars and smart contact lenses as big wastes of money. But chairman Eric Schmidt says the futuristic projects guarantee Google’s future success.

Schmidt, speaking at the company’s annual shareholder meeting Wednesday, defended the experiments as necessary for creating new and potentially blockbuster businesses. They may not seem relevant now, he said, but they will eventually as technology advances and circumstances like the rise in diabetes make them critically important.

“Most companies ultimately fail because they do one thing very well but they don’t think of the next thing, they don’t broaden their mission, they don’t challenge themselves, they don’t continually build on that platform in one way or another,” Schmidt said, according to Business Insider. “They become incrementalists. And Google is very committed to not doing that. We understand the technological change is essentially revolutionary, not evolutionary.” Read the rest of this entry »