Scared Of Failing? Ask Yourself These 6 Fear-Killing Questions

Scared Of Failing? Ask Yourself These 6 Fear-Killing Questions

WARREN BERGER, AUTHOR OF A MORE BEAUTIFUL QUESTION, COLLECTED THE PROVOCATIVE QUESTIONS TOP DESIGNERS, TECH INNOVATORS, AND ENTREPRENEURS ASK THEMSELVES TO SPARK CREATIVITY.

WRITTEN BY WARREN BERGER

[Editor’s note: The following is the first in a three-part series of posts adapted from Warren Berger’s new book, A More Beautiful Question(Bloomsbury), for which he spoke with top designers, tech innovators, entrepreneurs, and leading creative thinkers to explore the art (and innovative potential) of asking the right questions.
Here’s a question: What would you attempt to do if you knew you could not fail? Read more of this post

When You Evaluate a Fund Manager, Look Beyond Results

When You Evaluate a Fund Manager, Look Beyond Results

By PAUL SULLIVANMARCH 7, 2014

THIS Sunday will be five years to the day since the low point for the Standard & Poor’s 500 stock-index during the Great Recession. Since bottoming out on March 9, 2009, at 676.53, the index has risen some 170 percent. Read more of this post

The once and future currency: A new book examines the world’s love-hate relationship with the dollar

The once and future currency: A new book examines the world’s love-hate relationship with the dollar

Mar 8th 2014 | From the print edition

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“LUMPY, unpredictable, potentially large”: that was how Tim Geithner, then head of the New York Federal Reserve, described the need for dollars in emerging economies in the dark days of October 2008, according to transcripts of a Fed meeting released last month. To help smooth out those lumps, the Fed offered to “swap” currencies with four favoured central banks, as far off as South Korea and Singapore. They could exchange their own money for dollars at the prevailing exchange rate (on condition that they later swap them back again at the same rate). Why did the Fed decide to reach so far beyond its shores? It worried that stress in a financially connected emerging economy could eventually hurt America. But Mr Geithner also hinted at another motive. “The privilege of being the reserve currency of the world comes with some burdens,” he said. Read more of this post

The brains of the party: As the task of governing China has become more complex, so too has the question of how ideas filter to the top

Chinese politics

The brains of the party

Mar 10th 2014, 2:34 by G.E. | BEIJING

FEW people have heard of the journalInternal Reference of Ideology and Theory. It is published in such secrecy by the Central Party School in Beijing that only several dozen people read it. They just happen to be the most powerful people in China. Nicknamed the “express train”, it is one of a few vehicles trusted to carry ideas directly to the desks of President Xi Jinping and his colleagues on the Politburo. Read more of this post

Has Listening Become a Lost Art?

Has Listening Become a Lost Art?

by James Heskett | Mar 10, 2014

Managers may have ears, but do they use them? Jim Heskett’s readers offer opinions on why listening might be a lost art.

When Is Listening Not a Good Strategy?
Like a good case debate, the discussion of the question of whether listening is a lost art was not one-sided. What was clear was how important people felt listening is to effective leadership.  Read more of this post

Barely Stearns in China

Barely Stearns in China

David Keohane | Mar 10 08:06 | 1 comment Share

Texas sharpshooter and a China analyst walk into a bar…

Last week’s default of little Chaori 11, China’s first onshore corporate default, brought with it some analyst hyperbole which has been rightly called out. Leaving aside for a moment this was BofAML’s second Bear Stearns call this year, their point was that Chaori 11 would be the moment that the market started to seriously re-assess financial risk in China. So far, not so much. Read more of this post

Google Has Destroyed Microsoft’s Business Model

Google Has Destroyed Microsoft’s Business Model

By Sam Mattera | More Articles
March 6, 2014 | Comments (22)

Microsoft (NASDAQ: MSFT  ) has long been dependent on selling software — its business centered around charging licensing fees for the Windows operating system and the Office software suite. But thanks to Google (NASDAQ: GOOG  ) , those days are coming to an end. Read more of this post

Wanxiang chairman builds empire spanning various sectors

Wanxiang chairman builds empire spanning various sectors

Staff Reporter

2014-03-10

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Wanxiang Group founder and chairman Lu Guanqiu in Beijing, November 24, 2013. (Photo/Xinhua)

Wanxing Group, China’s leading auto parts maker, recently returned to the public spotlight in a high profile manner after finalizing an overseas deal in February, according to Guangzhou’s Time Weekly. Read more of this post

Asustek pondering smartwatch with voice, movement control

Asustek pondering smartwatch with voice, movement control

CNA

2014-03-10

Asustek Computer is envisioning developing a wearable device that can be controlled using voice commands or customizable hand movements, according to the chairman of the Taiwanese PC maker. Read more of this post

It takes $290,000 in cash to rent an apartment in Seoul

It takes $290,000 in cash to rent an apartment in Seoul

By Matt Phillips @MatthewPhillips 5 hours ago

Many Koreans who rent apartments don’t actually pay rent.

You read that right. They don’t make monthly rent payments.

Don’t start planning your move to Seoul just yet. There’s a catch. To get one of those apartments, on average, you need to plunk down the equivalent of almost $300,000. Read more of this post

Li Ka-shing’s Remedy for ‘Coddled’ HK: The city’s residents are growing uneasy with the wealth gap, the octogenarian tycoon concedes, but his solution is education, not populism

03.10.2014 19:50

Li Ka-shing’s Remedy for ‘Coddled’ HK

The city’s residents are growing uneasy with the wealth gap, the octogenarian tycoon concedes, but his solution is education, not populism

By staff reporters Hu Shuli, Wang Shuo and Hong Kong correspondent Wang Duan

(Hong Kong) — Hong Kong tycoon Li Ka-shing is again in the media spotlight after he mentioned in late February the possibility of publicly listing his retail business A.S. Watson Group, which is part of the Hong Kong-listed conglomerate Hutchison Whampoa. Read more of this post

Flight MH370: Stolen passports shine light on Bangkok’s role as global haven for criminals

Flight MH370: Stolen passports shine light on Bangkok’s role as global haven for criminals
(03-10 20:04)

Thailand’s role as a hub for criminal networks using false documents is in the spotlight after two passengers on the missing Malaysia Airlines flight MH370 used passports stolen in the country, sparking fears of possible a terrorist attack.
(Pictured, policemen in Bangkok display 2 million methamphetamine pills seized in Lampang province in a 2012 seizure).  Read more of this post

How Secret May Uncover A New Secret To Mobile Growth

How Secret May Uncover A New Secret To Mobile Growth

Posted 22 hours ago by Semil Shah (@semil), Columnist

Editor’s Note: Semil Shah works on product for Swell, is a TechCrunch columnist, and an investor. He blogs at Haywire, and you can follow him on Twitter at @semil

Greetings from a rainy (but always fun) Austin, TX. As is the case leading up to every SXSW, many wonder what will be the breakout app. As someone who works in, invests in, and writes about mobile, the app that’s come up the most in conversation, offline and online, is no “secret.” It’s not too surprising given Secret launched publicly at the right time (a little over a month ago), received both critical acclaim for its design and ability to motivate people to create original content (it’s a very clever app) as well as criticism for the potential negativity and bullying which could take root inside the app (which are very valid concerns), and has updates key features at the right time — most recently adding location (nearby secrets) and the ability to share secrets to the web and, thereby, spread information to an even wider audience. Most recently, it’s been reported that Secret closed a larger round of funding. Read more of this post

Secrets, Lies And Startup Leaks: Mitigating Tech Company Paranoia In An Age Of Constant Crisis

Secrets, Lies And Startup Leaks: Mitigating Tech Company Paranoia In An Age Of Constant Crisis

Posted yesterday by Vanessa Camones (@vanessacamones)

Editor’s note: Vanessa Camones is founder and CEO of theMix agency, a full-service marketing and communications boutique. Read more of this post

The Evolution of Risk-Taking Marwari Businessmen; Two centuries of migrations later, the Marwari community has shown an instinctive ability to adapt and evolve-with pay-offs that are, often, the stuff of legends

The Evolution of Risk-Taking Marwari Businessmen

by Nirati Agarwal | Mar 10, 2014

Two centuries of migrations later, the Marwari community has shown an instinctive ability to adapt and evolve—with pay-offs that are, often, the stuff of legends Read more of this post

The innovators: Britain’s economic future relies on seeking out the new; Introducing a new weekly column that will showcase innovation – and the key role it plays in business success

The innovators: Britain’s economic future relies on seeking out the new

Introducing a new weekly column that will showcase innovation – and the key role it plays in business success

Birgitte Andersen

The Guardian, Monday 10 March 2014

Tim Berners-Lee, Inventor of the Internet

Sir Tim Berners-Lee – a man whose innovation helped create the world as we know it. Photograph: Ed Quinn/Ed Quinn/Corbis Read more of this post

The next tech revolution: Busting bureaucracy; Over the next few years, we will see a broad-based and long over-due revolution in company’s management models

The next tech revolution: Busting bureaucracy

March 10, 2014: 10:25 AM ET

Over the next few years, we will see a broad-based and long over-due revolution in company’s management models.

By Gary Hamel

(TheMIX) — Over the past 20 years, nothing has transformed business as thoroughly or as frequently as information technology. In the first wave, advances in IT prompted many companies to revamp their operating models. In Wave 2, the growing power of the Web provoked a fundamental rethink of business models. And over the next few years, Wave 3 will yield a broad-based and long overdue revolution in management models. Read more of this post

Volvo-Geely’s Li Shufu: If international companies are to succeed in China, they must learn locally to prosper globally; Volvo, like other western car firms, has learned that you cannot just be present in China to succeed

If international companies are to succeed in China, they must learn locally to prosper globally

Volvo, like other western car firms, has learned that you cannot just be present in China to succeed

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By Li Shufu

9:00PM GMT 09 Mar 2014

When the global auto industry gathered in Geneva last week to show off its latest products for 2014, the impact of China on sales, output and profitability was a common theme. Read more of this post

Snack-maker Graze.com, which manufactures and delivers letterbox-sized parcels of healthy snacks to subscribers, has reported “unprecedented” growth in the US, traditionally the graveyard for small British firms

Snack maker Graze.com smashes US targets

Snack-maker Graze.com, which manufactures and delivers letterbox-sized parcels of healthy snacks to subscribers, has reported “unprecedented” growth in the US, traditionally the graveyard for small British firms.

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Graze.com now boasts more than 100,000 subscribers across the US.

By Rebecca Burn-Callander, Enterprise Editor

7:00AM GMT 10 Mar 2014

Graze.com launched into the American market in December last year. Within a week, the company had signed up 30,000 subscribers across 48 states. Three months on, the company has smashed its first quarter targets, with 100,000 customers signed up. Read more of this post

CEO of Silicon Valley-based startup accelerator advises Koreans to be bolder; “Startups tend to be chaotic, crazy and make a lot of mistakes. But here, there’s a lot of top-down planning, being too careful, making sure everything is in place.”

2014-03-09 14:47

CEO of Silicon Valley-based startup accelerator advises Koreans to be bolder
By Kim Bo-eun
Korea is being hyped for a startup boom. With the government’s renewed focus on fostering startups, together with the country’s tremendous Internet speed, bandwidths and penetration rates, the future for venture companies looks promising. But such businesses will not take off unless people become more comfortable with failure, according to the head of a major startup investment company based in Silicon Valley. Read more of this post

SK’s global projects adrift with boss jailed

2014-03-09 18:18

SK’s global projects adrift with boss jailed

Na Jeong-ju
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Just a decade ago, SK Group’s major revenue sources were limited to domestic telecommunications, energy and construction markets. Read more of this post

The degradation of the outside director system is all the more lamentable, when considering that the nation introduced it in 1998 in the aftermath of the Asian financial crisis to check wayward chaebol and its top managers

2014-03-10 17:04

Watchdog or lapdog?

When Tongyang Group committed a series of managerial mistakes and wrongdoings in 2012, few of its outside directors tried to oust its chairman, Hyun Jae-hyun. Most of them helped to keep the problems secret or lobbied to defend Korea’s 38th-largest conglomerate and its owner. Had they fulfilled their duty to follow proper checks and balances, some 50,000 individuals might not have seen their investments go up in smoke.  Read more of this post

The Four Keys to Being a Trusted Leader: Selflessness, Safety, Service, and Sacrifice

The Four Keys to Being a Trusted Leader

by John Dame  |   9:00 AM March 10, 2014

Self-aggrandizement and even plain old greed has become standard fare in the executive cafeteria. And yet CEOs wonder why their employees and the public exhibit such a high degree of mistrust toward business and business leaders. The truth lies in the way many CEOs talk and behave.  Read more of this post

The Secret History of the Financial Crisis

HAROLD JAMES

MAR 7, 2014

The Secret History of the Financial Crisis

PRINCETON – Balzac’s great novel Lost Illusions ends with an exposition of the difference between “official history,” which is “all lies,” and “secret history” – that is, the real story. It used to be possible to obscure history’s scandalous truths for a long time – even forever. Not anymore. Read more of this post

In Praise of Foxy Scholars: In a world of diverse and changing circumstances, economists and other social scientists can do real harm by applying the wrong model. Unfortunately, they get virtually no training in how to choose among the alternatives

MAR 10, 2014

Dani Rodrik is Professor of Social Science at the Institute for Advanced Study, Princeton, New Jersey. He is the author of One Economics, Many Recipes: Globalization, Institutions, and Economic Growth and, most recently, The Globalization Paradox: Democracy and the Future of the World Economy.

In Praise of Foxy Scholars

PRINCETON – We live in a complicated world, so we are forced to simplify it. We categorize people around us as friends or foes, classify their motives as good or bad, and ascribe events with complex roots to straightforward causes. Such shortcuts help us navigate the complexities of our social existence. They help us form expectations about the consequences of our and others’ actions, and thereby facilitate decision-making. Read more of this post

The Hidden Dangers of E-Cigarettes

The Hidden Dangers of E-Cigarettes

By Dessy Sagita on 11:02 pm Mar 09, 2014

Jakarta. Amid chronic tobacco addiction, Indonesia is also faced with the lurking dangers of electronic cigarettes, which have started gaining popularity in the country, experts say. Read more of this post

High-yield bonds draw investors as emerging debt loses them; “As long as things are going OK, the (high-yield) market is OK, but there are big fat tail risks.”

High-yield bonds draw investors as emerging debt loses them

By Carolyn Cohn

LONDON (Reuters) – Shove over, emerging markets – high-yield debt has taken your place.

Emerging-market bonds, star performers just a year ago, are being replaced by high-yielding corporate debt from developed markets by investors searching for yield. Read more of this post

Rethinking organizational ties: Keeping clients when rainmaker leaves

Rethinking organizational ties: Keeping clients when rainmaker leaves

Michelle Rogan, INSEAD | Business | Sat, March 08 2014, 11:53 AM

Business News

When Tesco severed its £50 million (around US$83 million) account with advertising giant, Interpublic to follow former Interpublic executive and veteran ad man, Sir Frank Lowe to his new start-up, there was always going to be fallout. The multinational took legal action, accusing the original “Mad Man” of breaching a non-compete clause. Lowe responded by threatening to sue the group for defamation. Read more of this post

All’s Not Well as Coca-Cola Bottling Indonesia’s Water License Gets Tangled in Bureaucracy

All’s Not Well as Coca-Cola Bottling Indonesia’s Water License Gets Tangled in Bureaucracy

By Dion Bisara on 09:45 pm Mar 09, 2014

Jakarta. Even after operating in Indonesia for more than 20 years, a local unit of Australian soft-drink bottler Coca-Cola Amatil isn’t spared from the country’s notorious red tape — becoming instead a symbol of the bureaucratic hurdles that hold back foreigners from investing in this country. Read more of this post

Out of the Shadows, a Tech Hub in Luxembourg

Out of the Shadows, a Tech Hub in Luxembourg

By CLAIRE BARTHELEMYMARCH 9, 2014

LUXEMBOURG — The towering, rusty blast furnaces of the industrial wasteland in Belval stand in stark contrast with Luxembourg’s fairy-tale image of wealth and stability. But the former industrial area about 20 kilometers south of Luxembourg City is undergoing a radical metamorphosis. Where the country’s largest steel works once spewed smoke into the sky above the French border, the government has been erecting an entire new neighborhood, aiming to position Luxembourg as Europe’s next hub for technological innovation. Read more of this post

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