R.E.S.-ilience in Value Creation 《竹经：经商经世离不得立根创新》
February 13, 2014 Leave a comment
Thailand in political limbo with vote re-runs seen in April
7:48am EST
By Amy Sawitta Lefevre
BANGKOK (Reuters) – Thailand’s Election Commission said on Tuesday it would try to complete this month’s disrupted poll in late April, leaving the country facing another two-and-a-half months in political limbo under a caretaker government with limited powers. Read more of this post
February 13, 2014 Leave a comment
FEBRUARY 10, 2014, 11:04 AM 3 Comments
Tech Investor to Entrepreneurs: A Harvard Degree Is a Liability
BOSTON — Baked into the curriculum of Harvard Business School is a course in entrepreneurship. A number of students and alumni of the school have started successful companies of their own.
But on Sunday, a prominent start-up investor had a sobering message for the elite entrepreneurs of Harvard: You are at a disadvantage when it comes to attracting capital. Read more of this post
February 13, 2014 Leave a comment
Burke and Paine, a rivalry that still reverberates
By Michael Gerson, E-mail the writer
One of the most vivid, outspoken conservatives of our time has the drawback of being a fictional character in a British costume drama, “Downton Abbey.” Here is Lady Violet, dowager countess, sparring with her relentlessly progressive in-law, Isobel Crawley:
Lady Violet: “You are quite wonderful, the way you see room for improvement wherever you look. I never knew such reforming zeal.” Read more of this post
February 13, 2014 1 Comment
February 11, 2014, 10:00 AM
India’s Latte Lift: How Coffee Chains Help Social Mobility
By Shanoor Seervai
Upscale coffee shops and restaurants that have sprung up throughout India in recent years are providing a chance for youth from lower middle-income groups to become more socially mobile, according to a recent study. Read more of this post
February 13, 2014 Leave a comment
Alibaba Enters Wealth Management Sector
Chinese Internet Company’s Alipay Affiliate to Launch Fixed-Term Investment Product Friday
Updated Feb. 11, 2014 1:50 a.m. ET
Alibaba Group Holding Ltd.’s online-payment affiliate is set to roll out its first wealth management product Friday, as Chinese Internet companies move deeper into financial services. Read more of this post
February 13, 2014 Leave a comment
Ugly-Sweater Leadership Moments
Posted: February 7, 2014
Susan Cramm, leadership coach, author, and former CFO and CIO, is committed to the principle that the best leaders take care of business by taking care of the people entrusted to their care.
The lead-up to the Olympics brings plenty of opportunities for us all to anticipate, and reflect on, the thrill of victory and the agony of defeat. Life, and leadership, serve them up in large measure. Sometimes, whether we win or lose is out of our hands—but often we play both victim and villain. Read more of this post
February 13, 2014 Leave a comment
FEBRUARY 9, 2014, 8:58 PM 1 Comment
‘The New Normal’ for Tech Companies and Others: The Stealth I.P.O.
By DAVID GELLES and MICHAEL J. DE LA MERCED
Shhhh: A wave of tech start-ups are secretly seeking to go public.
Choosing to file confidentially for an initial public offering is fast becoming the norm for young technology companies. On Friday, GoPro, the video camera maker favored by extreme athletes and everyday adventurers, became the latest to file such a “secret I.P.O.” Read more of this post
February 13, 2014 Leave a comment
The Red-Hot Biotech Sector Has Experts Screaming Bubble
FEB. 10, 2014, 8:55 PM 1,208 2
There’s just been so much talk about bubbles lately. And Business Insider has been reporting on many of these bubbles. Apparently, there are bubbles in tech stocks, craft beers, Norwegian housing … PIMCO’s Bill Gross once even said, “All markets are bubbly.”
So, why stop there? Read more of this post
February 13, 2014 Leave a comment
How Lego Came Back From The Brink Of Bankruptcy
FEB. 10, 2014, 6:07 PM 4,502 3
Will Arnett with “Emmet Brickowski” at the premiere of “The Lego Movie.”
“The Lego Movie” premiered last Friday and made $69 million in its opening weekend, giving it the largest debut of the year so far. Yet only 10 years ago, the company was on the brink of bankruptcy, and such a massive undertaking (let alone a successful one) would have been out of the question. Read more of this post
February 13, 2014 Leave a comment
In Recruiting, Amazon Prefers MIT Grads Who ‘Have No Idea What To Say To A Woman In A Bar’
FEB. 10, 2014, 11:06 AM 5,625 4
Want to get a job at Amazon? You might want to consider whether you have the right personality-type first. According to a deep-dive on the company in The New Yorker, Amazon recruits for very specific people — and an interest in books isn’t required. Read more of this post
February 13, 2014 Leave a comment
Why Is Wrong with Your Business Model?
Posted: February 3, 2014
Eric J. McNulty is the director of research at the National Preparedness Leadership Initiative and writes frequently about leadership and resilience.
Do not adjust your computer screen—that’s not a typo in the headline. Your instinct may be to change that why to a what, but why is actually the right question for leaders to ask themselves about their business models. The difference between why and what was nicely articulated by Simon Sinek in a TED Talk a couple of years back and came to mind again recently on the 30th anniversary of the Macintosh computer—Apple is one of the examples Sinek cites of a company that has mastered the why. Read more of this post
February 13, 2014 1 Comment
Graphene smartphone to arrive soon
Won Ho-sup, Kim Mi-yeon
2014.02.10 17:54:00
Samsung Techwin and researchers from the Seoul National University co-developed touch screen smartphone with a promising new material ‘graphene’ layer. They developed smartphones based on technology for mass production of graphene, paving the way for the commercial production of graphene, analysts said. Read more of this post
February 13, 2014 Leave a comment
FEBRUARY 10, 2014, 7:07 PM 2 Comments
Did Anyone Look at That Ad?
By VINDU GOEL
For years, the advertising industry has been struggling to address a nagging problem: Who is actually looking at those ads on a webpage or embedded in a video?
About 54 percent of ads on the web are not seen by users, according to estimates by comScore, a leading online measurement and analytics firm. Read more of this post
February 13, 2014 Leave a comment
FEBRUARY 10, 2014, 6:02 PM 2 Comments
Attack of the Flappy Bird Clones
By NICK BILTON
Legend has it that Pablo Picasso once said, “Good artists borrow, great artists steal.”
In the case of Flappy Bird, the highly popular game that vanished from the Apple App Store over the weekend, it seems a lot of people are stealing. Read more of this post
February 13, 2014 Leave a comment
Yes, You Can Make Six Figures As A YouTube Star … And Still End Up Poor
FEB. 10, 2014, 5:39 PM 3,522 2
It’s the new American Dream: Quitting your job to become famous on YouTube.
Dozens, possibly hundreds of people, have built up huge audiences on Google’s video upload site, and the media is full of stories of their success. The archetype is Jenna Marbles, who has millions of fans and makes an estimated $350,000 a year from her self-deprecating takes on life as an American female. Read more of this post
February 13, 2014 Leave a comment
Marc Andreessen Praises An App Called Slack: ‘I Have Never Seen’ A Business App Go Viral Like This
FEB. 10, 2014, 3:41 PM 12,563 12
A new business app created by Flickr co-founder Stewart Butterfield is creating a ton of buzz in Silicon Valley right now.
February 13, 2014 Leave a comment
The Vietnamese Dong joins our Big Mac index
Feb 10th 2014, 16:55 by R.L.W.
TRAFFIC was heavier than normal in Ho Chi Minh City on Monday February 10th as McDonald’s opened its first branch in Vietnam. Mostly motorbikes queued in the new “drive-thru”, while hundreds waited under the golden arches and Ronald McDonald posed with customers. Read more of this post
February 12, 2014 Leave a comment
Dear Friends and All,
Doing One’s Job as a Value Investor and Entrepreneur in Asia, or How to Avoid Value Traps
“Management must be willing to submit themselves to the disciplines required for growth.”
– Philip Fisher, Warren Buffett’s mentor
“You are now a changed man. But you were just doing your job.” This is a feedback comment received by one of Singapore’s top-notch professionals in his conversation years ago with another outstanding top brass who’s a shrewd observer of people. The professional shared this recollection with the Bamboo Innovator last Friday. The seemingly simple and unremarkable comment made in the course of a classic Asian-style conversation with its underlying wisdom, reflects the inner sense of purpose of this highly dedicated professional when he was in a position that had made him possibly Singapore’s most feared professional in uncovering financial lapses and irregularities.
Often times, people only see the glamorous side of a leader, their eye-popping remuneration and big title, the power and influence they wield from their position, the perquisites and social respect they enjoy. In the case of a value investor, many think that it is attractive as a career and lifestyle with “work-life balance” given that one only has to do some readings without the long working hours and make twenty-idea punch card investment decisions to become another Buffett. Whether one is a Professional, Entrepreneur, Value Investor or Educator in “doing one’s job”, it is critical to think about what skill-set, professional care and personal sacrifices that job requires in order to become the best in that field so as to create value for the people around him or her. Everything else such as the perquisites is simply a distraction. True professionalism means the pursuit of excellence, which inspires the extra level of intensity and dedication to serve. True professionals understood that their time belong not to themselves but to creating value for others so it’s no longer about “retiring before 40” or having more perquisites to enjoy as all these thoughts and activities are secondary and distractions from “doing one’s job”. They care only about two simple yet profound things which we will elaborate shortly. Read more of this post
February 12, 2014 Leave a comment
Some Key Differences between a Happy Life and a Meaningful Life
Florida State University – College of Arts & Sciences
University of Minnesota, Twin Cities – Carlson School of Management
Stanford University – Graduate School of Business
Independent
October 1, 2012
Stanford Graduate School of Business Research Paper No. 2119
Abstract:
Being happy and finding life meaningful overlap, but there are important differences. A large survey revealed multiple differing predictors of happiness (controlling for meaning) and meaningfulness (controlling for happiness). Satisfying one’s needs and wants increased happiness but was largely irrelevant to meaningfulness. Happiness was largely present-oriented, whereas meaningfulness involves integrating past, present, and future. For example, thinking about future and past was associated with high meaningfulness but low happiness. Happiness was linked to being a taker rather than a giver, whereas meaningfulness went with being a giver rather than a taker. Higher levels of worry, stress, and anxiety were linked to higher meaningfulness but lower happiness. Concerns with personal identity and expressing the self-contributed to meaning but not happiness. We offer brief composite sketches of the unhappy but meaningful life and of the happy but meaningless life. Read more of this post
February 12, 2014 Leave a comment
Bad is stronger than good.
Baumeister, Roy F.; Bratslavsky, Ellen; Finkenauer, Catrin; Vohs, Kathleen D.
Review of General Psychology, Vol 5(4), Dec 2001, 323-370. doi: 10.1037/1089-2680.5.4.323
1. The greater power of bad events over good ones is found in everyday events, major life events (e.g., trauma), close relationship outcomes, social network patterns, interpersonal interactions, and learning processes. Bad emotions, bad parents, and bad feedback have more impact than good ones, and bad information is processed more thoroughly than good. The self is more motivated to avoid bad self-definitions than to pursue good ones. Bad impressions and bad stereotypes are quicker to form and more resistant to disconfirmation than good ones. Various explanations such as diagnosticity and salience help explain some findings, but the greater power of bad events is still found when such variables are controlled. Hardly any exceptions (indicating greater power of good) can be found. Taken together, these findings suggest that bad is stronger than good, as a general principle across a broad range of psychological phenomena.
February 12, 2014 Leave a comment
10 February 2014
Top Anecdotal Signs of a Market Bubble
At the risk of further inflating the bubble in discussion about whether or not global equity markets are in a bubble, I think it is worth discussing the topic from a qualitative point of view. Most of the talk of bubbles is data-driven analysis focusing on things like multiples, profit margins, revenue growth, historic equity market tops, equity risk premiums, and so forth. Read more of this post
February 12, 2014 Leave a comment
Wednesday, February 5, 2014 — Tweet this article
Steve Jobs and Bill Gates, once pirates, now legends, are forever linked in tech history. You know the lore: both collaborators and competitors in the 80s; Gates dominant in the 90s; Jobs triumphant in the 00s. Their career arcs were different though: Gates went out on top, retiring to a life of philanthropy, while Jobs spent a decade in the wilderness, returning to Apple at its darkest hour and leading it to impossible heights.
It turns out, though, the story may not be over. Read more of this post
February 12, 2014 Leave a comment
TWILIGHT OF THE BRANDS
by James SurowieckiFEBRUARY 17, 2014
Twelve months ago, Lululemon Athletica was one of the hottest brands in the world. Sales of its high-priced yoga gear were exploding; the company was expanding into new markets; experts were in awe of its “cultlike following.” As one observer put it, “They’re more than apparel. They’re a life style.” But then customers started complaining about pilling fabrics, bleeding dyes, and, most memorably, yoga pants so thin that they effectively became transparent when you bent over. Lululemon’s founder made things worse by suggesting that some women were too fat to wear the company’s clothes. And that was the end of Lululemon’s charmed existence: the founder stepped down from his management role, and, a few weeks ago, the company said that it had seen sales “decelerate meaningfully.” Read more of this post
February 12, 2014 Leave a comment
Before you can focus your business, you must focus yourself
Published 10 February 2014 16:45
New York Times
“On an average day we spend 2.1 hours on distraction,” says Robin Sharma, a best-selling author and personal coach. “We’re distracted by technology every 11 minutes, and it takes us 25 minutes to refocus our minds on the deep, creative work we were doing before we were distracted.” Read more of this post
February 12, 2014 Leave a comment
The Internet of Things must move beyond mere novelty
BY JAMES ROBINSON
ON FEBRUARY 10, 2014
A plain old basketball with all the features – nice bounce, right size, appropriate color, light enough to be passed from person-to-person and thrown through a hoop – costs about 20 bucks.
InfoMotion Sports Technologies’ 94Fifty basketball, on retail since late last year and proudly on display at this year’s CES, goes for $295. It comes equipped with nine lightweight sensors and abluetooth chip to relay data back to an iPhone app. Set it on a charger for a couple of hours and you can play with it for about eight. Read more of this post
February 12, 2014 Leave a comment
2014-02-10 17:44
Biggest financial scam
A series of previously unthinkable fraud and information leaks have hit the financial community hard, showing how vulnerable our financial system is.
The Financial Supervisory Service (FSS) last week revealed that the nation’s leading commercial and savings banks were unaware ― for more than five years ― of a massive loan fraud case in which an employee of KT ENS, a network operating subsidiary of KT Corp., embezzled nearly 300 billion won in loans allegedly in collusion with a number of subcontractors. The employee, surnamed Kim, is suspected of having issued fake bonds using an official stamp stolen from the company to the subcontractors, which were then used as collateral to take out loans from the banks. Read more of this post
February 12, 2014 Leave a comment
What 13 highly successful people read before bed
Alison Griswold, Business Insider | February 10, 2014 12:09 PM ET
The evening can provide a rare retreat from a jam-packed day for highly successful people.
For many CEOs, execs, and other high achievers, the day begins extremely early and iscrammed with emails, meetings, and events. But the evenings can be a time to unwind. And for those who love to read, there’s no better time to pick up a book or magazine. Read more of this post
February 12, 2014 Leave a comment
Can Electric Current Make People Better at Math?
Scientists find mild jolts to the brain may improve performance with numbers
SHIRLEY S. WANG
Feb. 10, 2014 8:37 p.m. ET
Oxford University research assistant Amar Sarkar wears a cap that provides a type of transcranial electrical stimulation. Frantzesco Kangaris for The Wall Street Journal Read more of this post
February 12, 2014 Leave a comment
Eight Essentials for Scaling Up Without Screwing Up
by Robert I. Sutton | 11:00 AM February 10, 2014
Back in 2006, my colleague Huggy Rao
and I launched an executive education program at Stanford called “Customer-focused Innovation.” Mornings consisted of lectures and case studies in a traditional classroom in the Stanford Business School; this was the “clean models” part of the program. In the afternoons, we moved the group to the (then) new Hasso Plattner Institute of Design, or “Stanford d.school,” for the “hands on” part. That midday transition could be jarring. The d.school was in a crowded, messy, and rather run-down double-wide trailer in those days. And then there was the fieldwork. That first year, the d.school team (led by Perry Klebahn) sent the executives out to observe and interview customers in BP gas stations. Their assignment was to prototype solutions to problems they heard about, revise them in response to user feedback, and then present them to a demanding group of BP executives. Read more of this post
February 12, 2014 Leave a comment
The brilliance of asking incredibly naïve questions
February 10, 2014: 12:27 PM ET
Most workplace conversations discourage real dialogue — the kind you get when people feel free to challenge plans, ideas, even one another.
By Megan Hustad
FORTUNE — I was about to get on a conference call and asked the call organizer if he had scheduled a hard stop. No, he said, but he hoped the call would be over in 45 minutes.
The call started, and after 70 minutes I hung up knowing I could always pretend Skype had dropped the call. But no one complained. It seems I wasn’t the only one frustrated. Read more of this post
咬定青山不放松，立根原在破岩中。 千磨万击还坚劲，任尔东西南北风。
Bamboo Innovator 