Bamboo Innovator

Alison Chung’s gift for numbers has helped her build a consulting firm that specializes in computer forensics

FEBRUARY 26, 2014, 7:00 AM  11 Comments

‘I Have Been Told That I’m Different’

By COLLEEN DEBAISE

Alison Chung of Chicago is not wired like most people. This can present challenges socially, but from a business perspective it’s her competitive advantage as the owner of a consulting firm that is essentially a digital detective agency. Read more of this post

Cash crises, political grudge matches, suicide. None of it stopped David Walentas from forging a 10-digit fortune by creating an entire neighbourhood in New York’s underdog borough. And he’s about to do it all again

Brooklyn’s Billionaire Is Betting On The Borough, Again

by Caleb Melby | Feb 27, 2014

Cash crises, political grudge matches, suicide. None of it stopped David Walentas from forging a 10-digit fortune by creating an entire neighbourhood in New York’s underdog borough. And he’s about to do it all again

Read more of this post

“Any definition of a successful life must include service to others.” Finding One’s Way on the Entrepreneurial Path

Finding One’s Way on the Entrepreneurial Path

by Michael Freedman | Feb 24, 2014

What are the characteristics of an entrepreneur? What are the risks? H. Irving Grousbeck explains

For nearly 30 years at Stanford, and for several more at Harvard, H. Irving Grousbeck has taught and counseled countless women and men as they moved along the entrepreneurial path. After graduating from Harvard’s MBA program, he cofounded Continental Cablevision (later Media One) in 1964, and has since served on numerous for-profit and not-for-profit boards. He is currently a principal owner of the Boston Celtics. He was founding co-director (with Charles Holloway) of the Center for Entrepreneurial Studies in 1996, and recently stepped down from that position while continuing to teach. Last year, he discussed the traits of successful entrepreneurs, and how they might think about the many challenges that they and others put in front of them.  Read more of this post

How the Option to Do Nothing Can Help You Get Things Done; “To increase persistence, one should directly vet their chosen path against the no-choice option of doing nothing.”

How the Option to Do Nothing Can Help You Get Things Done

Feb 26, 2014

As makers of our own destiny, we like to think that our choices are endless. And if we stay on track, we believe we should accomplish our goals. However, the way we frame our choices can make a huge impact on how persistent we are on our chosen path. Read more of this post

Why Some Innovation Tournaments Succeed and Others Fail

Why Some Innovation Tournaments Succeed and Others Fail

Feb 20, 2014

A few years ago, Penn Medicine — the umbrella group that includes the University of Pennsylvania’s Perelman School of Medicine and the University’s Health System — set out to improve its patient satisfaction rates. Like many health care organizations, Penn Medicine’s senior managers and clinicians were typically in charge of thinking up new ideas. But for this particular challenge, a top-down approach wouldn’t work. The hospital needed fresh thinking from the front lines –including doctors, nurses, clerical staff and transporters, who had an intimate understanding of patients’ experiences. Read more of this post

Overworked nurses linked to higher death rates

Overworked nurses linked to higher death rates

POSTED: 26 Feb 2014 08:09
Investigations in nine European countries have given statistical backing to claims that patients’ lives may be at risk when nurses are overworked

PARIS: Investigations in nine European countries have given statistical backing to claims that patients’ lives may be at risk when nurses are overworked, specialists said on Wednesday. Read more of this post

NASA Scientists Discover 715 New Planets; Data From Kepler Space Telescope Suggests 4 Alien Worlds Have Potential for Life

NASA Scientists Discover 715 New Planets

Data From Kepler Space Telescope Suggests 4 Alien Worlds Have Potential for Life

LEE HOTZ

Feb. 26, 2014 3:57 p.m. ET

NASA’s Kepler mission scientists announces the discovery of 715 new planets around distant stars, including four alien worlds roughly the size of Earth that might be might be potentially suitable for life. Robert Lee Hotz reports on the News Hub. Photo: NASA. Read more of this post

How to thrive in restaurants for 30 years: Alla Wolf-Tasker’s Lake House toughed it out for three decades

How to thrive in restaurants for 30 years

February 26, 2014

Michael Bailey

Alla Wolf-Tasker’s Lake House toughed it out for three decades.

Alla Wolf-Tasker spent four years building her restaurant, which celebrates its 30th anniversary this year.

Almost 1500 Victorian restaurants closed in 2012/13, reflecting a nationwide hospitality industry crisis which Alla Wolf-Tasker – celebrating the 30th anniversary of her Lake House fine dining restaurant at Daylesford – partly blames on barriers to entry having become too low. Read more of this post

Breaking through the start-up stall zone: An early rush of revenue growth is necessary-but not sufficient-for long-term survival

Breaking through the start-up stall zone

An early rush of revenue growth is necessary—but not sufficient—for long-term survival.

February 2014 | byTed Callahan, Eric Kutcher, and James Manyika

The rapid pace of creative destruction in today’s global economy makes the ability to launch and grow (or to shut down and move on from) new businesses critical for companies large and small. Competitive dynamics have long been in overdrive in the software and Internet sectors, where we have studied patterns of birth and death for nearly 3,000 companies between 1980 and 2012. Seventy-two percent of them failed to reach the $100 million mark. Only 3 percent made it to $1 billion in sales (exhibit). Read more of this post

El-Erian’s Resignation Memo To PIMCO Employees Had 3 Very Telling Words Bold, Underlined And Italicized

El-Erian’s Resignation Memo To PIMCO Employees Had 3 Very Telling Words Bold, Underlined And Italicized

SAM RO FINANCE  FEB. 25, 2014, 7:38 PM

Last month, PIMCO and its parent company Allianz unexpectedly announced that CEO and Co-CIO Mohamed El-Erian would be resigning.

It was unclear what triggered the decision. Some speculated fatigue. Some speculated political interests. Read more of this post

5 Successful Authors on How They Overcame Creative Blocks to Write Their First Book; “Creating a community reminded me why we write.” “You do the work when you’re not in front of it.” “Sometimes you don’t know what you’re writing until you’ve finis

 5 SUCCESSFUL AUTHORS ON HOW THEY OVERCAME CREATIVE BLOCKS TO WRITE THEIR FIRST BOOK

AGONIZING OVER EVERY SENTENCE, LOSING YEARS OF RESEARCH, RECEIVING REJECTION AFTER REJECTION–WRITING A BOOK ISN’T ALWAYS THE DIVINELY CREATIVE PROCESS IT SEEMS TO BE. FIVE AUTHORS SHARE THEIR STRUGGLE, AND ULTIMATE SUCCESS, IN COMPLETING THEIR FIRST BOOKS.

BY JANE PORTER

The best books seem to have an effortlessness to their writing, as though each word has been set down just where it needs to be. Nowhere on the page is the agonizing, writing, rewriting, not writing of getting it done visible. “Writing a long novel is like survival training,” Haruki Murakami has said. “Physical strength is as necessary as artistic sensitivity.” Read more of this post

For every Fuji Xerox there’s a Sony Ericsson: the pros and pitfalls of merging your business

For every Fuji Xerox there’s a Sony Ericsson: the pros and pitfalls of merging your business

Published 24 February 2014 11:28, Updated 25 February 2014 09:31

Michael McQueen

Wedding bells are ringing. Business marriages seem to be in season. First there were the Microsoft-Nokia nuptials last year and now the blessed union of WhatsApp and Facebook. Even one-time retail rivals Myer and David Jones are flirting with the idea of engaging in consummation rather than competition. Read more of this post

New Spore: GIC employs officers convicted of insider trading

GIC employs officers convicted of insider trading

February 23rd, 2014 |  Author: Editorial

A reader has written in to let TRE know of a case where GIC officers caught for insider trading were allowed to continue to work in GIC.

GIC is among the world’s largest fund management companies. It was established in 1981 to manage Singapore’s foreign reserves. Read more of this post