Corporations considering saving on R&D by acquiring startups should think twice, writes Anne Marie Knott of Olin Business School at Washington University. She cites her research that suggests large firms generally are better at R&D, despite the many stories of small startup successes.
Audiences are more receptive to humor if it pertains to local events or the specific group you're addressing, writes Jim Anderson. That type of insight can be gained in your preparations or by observing shared experiences during your talk, he writes.
Automation will consume many low-skill, entry-level jobs, delaying the entry of young people into the workforce, writes Tristan Greene. "Young people may be better suited to learning new things, but without a place to develop and practice those skills we're going to have to come up with a new approach to developing young adults in the workforce," he writes.
The Smithsonian's National Zoo and Conservation Biology Institute in Washington, D.C., has welcomed Moke, a baby western lowland gorilla born this week. The species is critically endangered, with fewer than 200,000 left in the wild.
Time Warner CEO Jeff Bewkes testified Wednesday that the company's proposed $85 billion merger with AT&T is necessary to remain competitive with Facebook and Google, and that the Justice Department's opposition is "ridiculous." Bewkes said: "If our channels are not in distribution, we lose lots of money [from subscriptions and advertising]."
Limited funds forced David Chang to care only about product/market fit when he opened the first Momofuku Noodle Bar nearly 15 years ago, and his journey shows the importance of knowing your craft before breaking the rules, writes Tren Griffin. "Businesses that have too much money too often charge off trying to grow the business before they have found product/market fit and then die due to premature scaling," he writes.
Starbucks CEO Kevin Johnson met with and apologized to the two black men arrested at a Starbucks last week after an employee called the police on them. "I think there's additional training that we will take action on for store management, including training around unconscious bias," Johnson said.
Senate Republicans, with support from President Donald Trump, are preparing to use the Congressional Review Act to repeal 2013 rules from the Consumer Financial Protection Bureau to discourage discrimination by auto lenders. Using the act on years-old rules, rather than recently adopted ones, raises concern decades of regulation might be at stake.
Your boss, your co-workers and your vendors are three types of relationships you should periodically review to see where you have influence and what you could do to strengthen those bonds.
The rush to produce results might leave strategy and customers behind, writes Art Petty. "Instead of speeding through this critical thinking in a desire to cross it off the organizational to-do list, try slowing down, opening it up to broader involvement, and then inserting the work of strategy into the regular 'operating routine' of the business," he writes.