Tencent versus Alibaba: a complete guide to an increasingly fierce rivalry (INFOGRAPHIC)

Tencent versus Alibaba: a complete guide to an increasingly fierce rivalry (INFOGRAPHIC)
March 19, 2014at 9:00 am
by Paul Bischoff
Tencent (HKG:0700) is the world’s fourth largest web company, and Alibaba is on the verge of history’s largest tech IPO. Both of these behemoth companies occupy many of the same verticals in China, which is the biggest and possibly most isolated internet ecosystem on Earth. To summarize the massive product and service war between Tencent and Alibaba, we’ve put together an infographic showing which of their offerings are winning or losing in all of their competing sectors.

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How Ben & Jerry’s brought maverick ideas to mainstream business; As Ben Cohen, co-founder of Ben & Jerry’s, turns 63, Brad Edmondson explains why the company is proof that profits and purpose can co-exist

How Ben & Jerry’s brought maverick ideas to mainstream business
As Ben Cohen, co-founder of Ben & Jerry’s, turns 63, Brad Edmondson explains why the company is proof that profits and purpose can co-exist
Brad Edmondson
theguardian.com, Tuesday 18 March 2014 18.02 GMT

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Ben Cohen and Jerry Greenfield, co-founders of ice cream makers, Ben & Jerry’s. Photograph: Felix Clay
The story behind Ben & Jerry’s Ice Cream and its 35-year struggle to achieve “linked prosperity” started with a simple but radical idea that everyone and everything the company touched should benefit from its profits. The sale of the ice cream makers to Unilever in 2000 therefore was a surprise twist to those who knew the two founders, Ben Cohen and Jerry Greenfield.

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The possible pitfalls of ‘Liberation Management’

The possible pitfalls of ‘Liberation Management’
by Nicolas Arnaud, Celine Legrand, Colleen Mills | Mar 19, 2014
In LM, a widespread shake-up of how employees interact brings with it not just new ways of innovating, but also new challenges to the very nature of how the firm functions

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When The Best Employees Quit, Can You Handle The Truth?

George Anders, Contributor
3/18/2014 @ 9:00AM |71,916 views
When The Best Employees Quit, Can You Handle The Truth?
When prized employees leave a company, bosses almost always act surprised. From the comforts of the corner office, it’s easy to believe that you’re providing a great work environment and all the career-advancement opportunities that workers or managers might want. But maybe senior executives just can’t handle the truth.

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10 Things Only Lousy Managers Say

Liz Ryan, Contributor
3/19/2014 @ 1:03AM |14,461 views
10 Things Only Lousy Managers Say
God bless the bad managers we’ve struggled under, those toads and zombies who taught us so many valuable leadership lessons (all lessons of the How Not to Lead variety). We still remember those managers years later, with their tempers, idiosyncracies and neuroses.

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17 Successful Entrepreneurs Share Their Best Productivity Hacks

17 Successful Entrepreneurs Share Their Best Productivity Hacks
RICHARD FELONI STRATEGY MAR. 19, 2014, 1:17 AM
Starting and maintaining a small business takes an exceptional amount of work, and time is a precious commodity. That’s why most successful entrepreneurs have developed a few tricks along the way to increase their productivity and effectiveness.

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7 Philosophies That Have Made Apple Designer Jony Ive A Legend: He makes products for people who care. “Our success is a victory for purity, integrity – for giving a damn.”

7 Philosophies That Have Made Apple Designer Jony Ive A Legend
DRAKE BAER STRATEGY MAR. 18, 2014, 11:30 PM
Sir Jony Ive has led Apple’s design team since 1996. Along the way, he’s become a living legend in the design world, dreaming up the candy-colored iMac, the music industry-disrupting iPod, and the world-changing iPhone — to name a few of the products that earned him his knighthood.

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Gorgeous Maps Of The World Made With Iconic Local Foods

Gorgeous Maps Of The World Made With Iconic Local Foods
HARRISON JACOBS THE LIFE MAR. 18, 2014, 11:35 PM

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China is made up of various types of noodles.
New Zealand photographer Henry Hargreaves has always liked to play with his food. In his newest collaboration with food stylist Caitlin Levin and typographer Sarit Melmed, Hargreaves takes playing with food to another level by creating maps that use the iconic foods of the countries and continents that they depict.
Before he was a photographer, Hargreaves worked in the food industry and found himself fascinated by how what people ordered reflected their personality. In many ways, Food Maps similarly reflects how what we eat connects with who we are.
Hargreaves, Levin, and Melmed shared some of their playful maps with us here, but you can see more of Hargreaves and Levin’s work at their website. Note that each map is made using real food.
France is made out of bread and cheese.

The United States is made out of different types of corn and corn products.

Japan is made out of different types of seaweed.

Australia is made from “shrimp on the barbie,” a traditional Christmas food.

Africa is made of bananas and plantains.

India is, of course, made of spices.

The United Kingdom and Ireland are made out of biscuits.

South America is made up of citrus fruits, such as lemons, limes, oranges, and grapefruits.

New Zealand, Hargreaves’ home country, is constructed out of kiwis. Though not native to the country, they have been hugely popular in the country since they were first introduced in the early 1900s.

Similarly, while tomatoes are not native to Italy (they actually come from South America), they have since become central to Italian cuisine.

 

Coming Soon, Maybe: ‘Knowledge Pills’ That You Eat To Automatically Learn Anything

Coming Soon, Maybe: ‘Knowledge Pills’ That You Eat To Automatically Learn Anything
DYLAN LOVE TECH MAR. 19, 2014, 1:25 AM
Nicholas Negroponte, founder of the MIT Media Lab, appeared on stage in Vancouver at TED’s 30th anniversary event last night and made a number of predictions about what technology will do over the next 30 years. Via Ars Technica, here’s his most startling one:

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How A Powerful Mathematical Principle Spelled Doom For Absurdly Large Centipedes

How A Powerful Mathematical Principle Spelled Doom For Absurdly Large Centipedes
ANDY KIERSZ SCIENCE MAR. 19, 2014, 2:27 AM
One of the great things about mathematics is its ability to bring together apparently completely unrelated phenomena, and explain them all with the same simple concept. It turns out that a very basic mathematical idea — power laws — describes the economics of pizza, limitations on the sizes of insects, income inequality, and countless other things.

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12 Things Successful People Do In The First Hour Of The Workday

12 Things Successful People Do In The First Hour Of The Workday
JACQUELYN SMITH CAREERS MAR. 19, 2014, 9:00 PM
The first hour of the workday is critical, since it can impact your productivity level and mindset for the rest of the day.

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Freedom is not having to stoop to sycophancy; Being phoney, a requirement for climbing the greasy pole, is corrosive and bad for one’s health

March 18, 2014 3:39 pm
Freedom is not having to stoop to sycophancy
By Luke Johnson
Being phoney, a requirement for climbing the greasy pole, is corrosive and bad for one’s health
Possibly the best thing about working for oneself is that you don’t have to do any arse-kissing.
Now obviously that is not entirely true, because there are always some people to whom you have to grovel – bankers, investors, regulators, even customers. But, generally speaking, the self-employed are required to tolerate and dispense considerably less insincere bullshit than is the norm within big organisations.

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Big Bang: Einstein’s relativity theory backed by new-wave discovery

Big Bang: Einstein’s relativity theory backed by new-wave discovery
March 19, 2014
Nicky Phillips
Science Editor
A telescope at the South Pole recently discovered gravity waves dating back to the moment of the Big Bang. Science columnist Peter Spinks discusses the findings with astrophysicist Professor Karl Glazebrook.
In the first moment following the Big Bang, scientists believe the universe got very big, very quickly.

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James E. Stowers Jr., Mutual-Fund Pioneer and Cancer Crusader, Dies at 90; Founder of American Century Investments Was a Noted Philanthropist

James E. Stowers Jr., Mutual-Fund Pioneer and Cancer Crusader, Dies at 90
Founder of American Century Investments Was a Noted Philanthropist
STEPHEN MILLER
March 18, 2014 7:21 p.m. ET
James E. Stowers Jr. , who turned a small six-figure investment into one of the nation’s largest mutual-fund companies before turning his focus to philanthropy, died Monday at age 90.
A lifelong resident of Kansas City, Mo., Mr. Stowers was known to mutual-fund associates as “the eternal bull” for his faith in markets. Privately held American Century Investments, the company Mr. Stowers founded in 1958, has grown into a fund giant with about $141 billion under management, the company said.

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The Surprising Benefits of Nonconformity

The Surprising Benefits of Nonconformity
Magazine: Spring 2014Research Highlight March 18, 2014 Reading Time: 6 min
Silvia Bellezza, Francesca Gino and Anat Keinan
New research finds that under certain circumstances, people wearing unconventional attire are perceived as having higher status and greater competence.

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Life – Do Gurus Breed Gurus? The Role of Knowledge and Social Effects in the Emergence of Design Gurus

Do Gurus Breed Gurus? The Role of Knowledge and Social Effects in the Emergence of Design Gurus

Haibo Liu
INSEAD
Jurgen Mihm
INSEAD
Manuel Sosa
INSEAD
March 3, 2014
INSEAD Working Paper No. 2014/16/TOM
Abstract:
Despite being rare, gurus make disproportionately influential contributions to their fields. Hence understanding their emergence is critical. Yet our knowledge about the phenomenon is limited. This paper studies the role of collaboration in the emergence of gurus among designers — namely, how a focal designer’s chances of becoming a design guru are affected by collaborating with design gurus. We find that collaborating with a guru makes emergence much more likely than does collaborating with other nongurus, or not collaborating at all. We establish two conduits for this effect of guru collaboration: transfer of knowledge and sharing of attention. First, we present evidence that guru collaborations facilitate the transfer of (tacit) knowledge and thus increase the likelihood of a guru’s emergence. Second, we document a novel social aspect of collaborating with a guru: doing so helps the focal designer emerge as a guru by profiting from the attention paid by others to that guru. We test our predictions via event history analysis performed on a large longitudinal data set consisting of all designers who were granted a design patent in the United States from 1975 through 2005.

28-Year Old Former JPMorgan Banker Jumps To His Death, Latest In Series Of Recent Suicides

28-Year Old Former JPMorgan Banker Jumps To His Death, Latest In Series Of Recent Suicides
Tyler Durden on 03/18/2014 10:44 -0400
Not a week seems to pass without some banker or trader committing suicide. Today we get news of the latest such tragic event with news that 28-year old Kenneth Bellando, a former JPMorgan banker, current employee of Levy Capital, and brother of a top chief investment officer of JPM, jumped to his death from his 6th floor East Side apartment on March 12.

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A big-bang theory gets a big boost: Evidence that vast cosmos was created in split second

A big-bang theory gets a big boost: Evidence that vast cosmos was created in split second
By Joel Achenbach, Tuesday, March 18, 6:34 AM
In the beginning, the universe got very big very fast, transforming itself in a fraction of an instant from something almost infinitesimally small to something imponderably vast, a cosmos so huge that no one will ever be able to see it all.

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The Freaky Friday Management Technique; In The Hard Thing about Hard Things, VC Ben Horowitz offers a creative solution for resolving conflict among organizational silos

Posted: March 12, 2014
Theodore Kinni is senior editor for books at strategy+business. He also blogs atReading, Writing re: Management.
The Freaky Friday Management Technique
Ben Horowitz’s first book, The Hard Thing about Hard Things: Building a Business When There Are No Easy Answers (HarperBusiness, 2014), is a humorous and often insightful book of managerial advice that seems certain to attract a big audience. Horowitz is the cofounder of Andreessen Horowitz—a venture capital firm with a portfolio that reads like an homage to the latest Internet bubble—and his popular blog purportedly has close to ten million readers.

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How IKEA, Disney, and Berkshire Hathaway Succeed with Adjacencies

Posted: March 11, 2014
Ken Favaro is a senior partner with Booz & Company based in New York. He leads the firm’s work in enterprise strategy and finance.
Strategy & Leadership
How IKEA, Disney, and Berkshire Hathaway Succeed with Adjacencies
Research confirms, time and again, that when most companies diversify into new markets, their profitability is diluted and acquisitions are subsequently unwound—usually by a new CEO intent on creating a more “focused” company. Consider Coca-Cola’s forays into wine and filmmaking, Eastman Kodak’s venture into pharmaceuticals, and Philip Morris’s adventure with Miller Brewing. Of course, adjacency moves are not always a disaster. IBM successfully diversified into services; Disney does quite well with a portfolio ranging from films to fun parks, children’s retailing, and cruise ships; Apple successfully entered the highly competitive mp3-player, smartphone, and online music businesses; and Berkshire Hathaway, a rail-to-chocolates conglomerate, has the best 40-plus-year track record of shareholder returns the world has ever seen.

 

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Cut Your Company’s Fat but Keep Some Slack; Why excess capacity leads to greater efficiency.

February 11, 2014 / Spring 2014 / Issue 74
Cut Your Company’s Fat but Keep Some Slack
Why excess capacity leads to greater efficiency.
by Sendhil Mullainathan and Eldar Shafir
In 2002, the operating rooms at St. John’s Regional Health Center, an acute-care hospital in Missouri, were at 100 percent capacity. When emergency cases—which made up about 20 percent of the full load—arose, the hospital was forced to bump long-scheduled surgeries. As a result, according to one study, doctors often waited several hours to perform two-hour procedures and sometimes operated at 2 a.m., and staff members regularly worked unplanned overtime. The hospital was constantly behind.

 

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Combating bad science: Metaphysicians; Sloppy researchers beware. A new institute has you in its sights

Combating bad science: Metaphysicians; Sloppy researchers beware. A new institute has you in its sights
Mar 15th 2014 | From the print edition

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“WHY most published research findings are false” is not, as the title of an academic paper, likely to win friends in the ivory tower. But it has certainly influenced people (including journalists at The Economist). The paper it introduced was published in 2005 by John Ioannidis, an epidemiologist who was then at the University of Ioannina, in Greece, and is now at Stanford. It exposed the ways, most notably the overinterpreting of statistical significance in studies with small sample sizes, that scientific findings can end up being irreproducible—or, as a layman might put it, wrong.

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5 Brilliant Strategies Jeff Bezos Used To Build The Amazon Empire

5 Brilliant Strategies Jeff Bezos Used To Build The Amazon Empire

DRAKE BAER STRATEGY  MAR. 18, 2014, 1:14 AM

The Gazelle Project. That’s what Amazon called its initiative to cajole book publishers into giving them better deals. According to The New Yorker, CEO Jeff Bezos said “that Amazon should approach these small publishers the way a cheetah would pursue a sickly gazelle.”  Read more of this post

From go to grow: using ‘agile’ management to grow your business

From go to grow: using ‘agile’ management to grow your business

Published 17 March 2014 14:49, Updated 17 March 2014 16:56

Andy Sheats

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Health.com.au co-founder Andy Sheats says his organisation uses Agile to drive its whole business, even areas that have nothing to do with technology.

Agile is a management approach that uses short, iterative cycles and direct customer feedback to incrementally develop and improve your product or business. Read more of this post

Lessons from Nortel: Acquisitions spree, bad management calls led to tech giant’s fall, study says

Lessons from Nortel: Acquisitions spree, bad management calls led to tech giant’s fall, study says

Jim Bagnall, Postmedia News | March 17, 2014 | Last Updated: Mar 17 5:39 PM ET
OTTAWA — In the five years since Nortel went bankrupt, many possible explanations have been suggested for its demise. Poor strategy, weak finances, low-cost competition from China, a misguided board of directors, hubris, the federal government’s refusal to backstop it during the recession, you name it. Read more of this post

Goguryeo, which defeated the large armies of China’s Sui and Tang dynasties, had stronger military power than Silla. Baekje had stronger military power than that of Silla. How was it possible for Silla to unify the three kingdoms?

A matter of will

What’s more desperately needed is the will of the South and North Korean people for unification.

*The author is a partner at Hwang Mok Park, PC, and former head of the Seoul Central District Court.
By Lee Woo-keun

JoongAng Ilbo, March 17, Page 31

Goguryeo, which defeated the large armies of China’s Sui and Tang dynasties one after another, had stronger military power than Silla. Baekje, with its extensive farming lands, had stronger military power than that of Silla. How was it possible for Silla to unify the three kingdoms? Read more of this post

Leadership isn’t an individual act; it’s an ensemble performance

Leadership isn’t an individual act; it’s an ensemble performance

Leaders can only participate if others are being led, so why do most business schools cling to notions of individualism?

Christopher Mowles

Guardian Professional, Monday 17 March 2014 17.08 GMT

Leadership arises in an ensemble performance, writes Christopher Mowles, leaders can only lead in participation with others being led. Photograph: Shamukov Ruslan/ Shamukov Ruslan/ITAR-TASS Photo/Corbis Read more of this post

Why you should ditch your desk job: Adam Braun, founder of Pencils of Promise, discusses the benefits of non-traditional work

Why you should ditch your desk job

March 17, 2014: 12:10 PM ET

Adam Braun, founder of Pencils of Promise, discusses the benefits of non-traditional work.

Fortune.com selects the most compelling short essays, anecdotes, and author interviews from “250 Words,” a site developed by Simon & Schuster to explore the best new business books—wherever they may be published.

FORTUNE — For this installment, 250 Words’ Sam McNerney sits down with Adam Braun, the founder of Pencils of Promise, an award-winning nonprofit organization that has broken ground on more than 200 schools around the world. Braun is the author of the new book The Promise of a Pencil: How an Ordinary Person Can Create Extraordinary Changepublished this week by Scribner. Read more of this post

Understanding laughter yields insights into how our brains process a complex world and how that, in turn, makes us who we are. Unhappiness can breed creativity, and the best jokes require both intellectual gymnastics and astute observation of human

MARCH 17, 2014, 4:33 PM  1 Comments

“Ha!” Takes a Serious Look at Humor

By FLORENCE WILLIAMS

image001-7Patricia Wall/The New York Times

So there’s this baby who has swallowed a .22-caliber bullet. The mother rushes into a drugstore, crying, “What shall I do?”
“Give him a bottle of castor oil,” replies the druggist, “but don’t point him at anybody.” Read more of this post

A Degree Where Techie Meets Business Smarts: Young professionals in the coveted STEM fields (science, technology, engineering and mathematics) are discovering they can expand their career future by getting a hybrid master’s degree

A Degree Where Techie Meets Business Smarts

By ELIZABETH OLSONMARCH 17, 2014

DANIEL BRISKER, who graduated in 2009 with an undergraduate degree in biology, likes his job at MedImmune, a Maryland biotechnology company, where he grows and harvests cell cultures, but he also wanted to enhance his professional credentials. So he went back to school for a professional science master’s degree — what some are calling a science M.B.A., a degree combining science knowledge with business skills. Read more of this post