Monday, February 7, 2022

g-f(2)905 THE NEW WORLD NEWS (2/7/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)


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The New World NEWS

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"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital ageThe New World, Digital Transformation (2/7/2022)  g-f(2)426 


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EXCEPTIONAL “Full Pack Golden Knowledge Container”



10 Golden Knowledge (GK) Containers on Digital Transformation



The main objective of this "genioux fact" is to discover 10 rare containers of golden knowledge (GK) in digital transformation (DT). 



Genioux knowledge fact condensed as an image



Extra-condensed knowledge


Some golden knowledge juice from the 10 rare containers of golden knowledge (GK) in digital transformation (DT). 
  1. To Find Creative Solutions, Look Outside Your Industry, Bill Taylor, February 07, 2022, Harvard Business Review, HBR.
    • A big challenge in times of disruption and uncertainty is for people and organizations to keep learning as fast as the world is changing — to analyze problems they haven’t encountered before, to make sense of opportunities they haven’t thought about before, to process emotions they haven’t experienced before.
    • Today, though, there is also a place for a different kind of R&D — rip off and duplicate. The fastest way for organizations to make sense of challenges they are seeing for the first time is to survey unrelated fields for ideas that have been working for a long time. Why gamble on untested strategies and insights if you can quickly apply strategies and insights that are already proven elsewhere? That’s how leaders can help their colleagues keep learning as fast as the world is changing.
  2. Should Employees Be Allowed to Choose What They Want to Do?, Phanish Puranam, the Roland Berger Chaired Professor of Strategy and Organisation Design at INSEAD, and Marlo Raveendran, Assistant Professor of Management, UC Riverside,  February 07, 2022, Insead Knowledge.
    • The degree of specialisation is the deciding factor.
    • As self-selection becomes more mainstream, our findings could help organisations aspiring to this process assess whether it is the right choice, or how it could be modified for a better fit.
    • As far as workplace trends go, several topics have dominated popular attention and discussion, from workspace design, digitalisation, Agile methodology, to the pandemic favourite of remote working. But there’s another important aspect of work that is being pushed increasingly to the forefront of organisation design: self-selection-based division of labour.
    • These days, workers are increasingly empowered to assign tasks to themselves – a far cry from the pin factory labourers immortalised by Adam Smith. At software firm Valve and French auto parts maker FAVI, for example, employees select tasks as well as project teams based on their own perceptions of best fit. In fact, at many software firms and other less hierarchical organisations, self-selection has become the norm for its positive effect on employee motivation.
    • In our new paper, co-authored with Massimo Warglien, we looked into the conditions in which self-selection would outperform the managerial allocation of tasks even if there were no motivational benefits: when employees are highly specialised, the tasks are independent of each other, and employee availability is unforeseeable.
  3. The new rules of succession planning, February 07, 2022, David Reimer and Adam Bryantstrategy+business, s+b.
    • Too often, boards fail to pick the best CEO candidate because they focus on the wrong criteria. This three-step plan will help identify the right person for the top job.
    • Choosing the right CEO is among the top priorities for board directors. It may also be their most important responsibility. But the approach that most companies and their boards have used to find 21st-century leadership is a relic of the 20th century.
    • By breaking down the succession process into its component parts, and undertaking them in the order we’ve outlined here, beginning with the company’s strategy needs and ending with the right person (not the reverse), boards can help limit the influence of noise, bias, and hope. They can develop a more deliberate and analytical approach to making the right decision on the person they will entrust to lead and grow the organization.
  4. How Business Can Build and Maintain Trust, Tim Ryan, February 07, 2022, Harvard Business Review, HBR.
    • Which organizations do you trust? Government? The media? Business? The Covid-19 pandemic has had a keen impact on how consumers feel about institutions, and it may surprise you that business is actually the most trusted institution in the U.S. — for the fourth year in a row, according to Edelman’s Trust Barometer. A PwC study yielded similar results, finding that 63% of consumers say they have trust in U.S. companies.
    • I believe our recent study is good news for business and society. Our business community has come a long way in building trust with consumers and putting greater social needs in line with the responsibility to grow revenue. While it’s a hill we are still climbing, we are capturing the opportunity to make positive, lasting change for our stakeholders and society-at-large — and that is a step in the right direction.
  5. Amazon Is Raising Base Salary Cap to $350,000 From $160,000, Spencer Soper, February 07, 2022, Bloomberg.
    • Online retailer employed 1.6 million globally in 2021
    • Amazon cites ‘particularly competitive labor market’ in change
    • Amazon.com Inc. is more than doubling the maximum base salary it pays employees to $350,000 from $160,000.
    • “This past year has seen a particularly competitive labor market, and in doing a thorough analysis of various options, weighing the economics of our business and the need to remain competitive for attracting and retaining top talent, we decided to make meaningfully bigger increases to our compensation levels than we do in a typical year,” the company told employees Monday in a memo reviewed by Bloomberg.
  6. Peloton is soaring on reports that Nike and Amazon want to buy it, but its stock is still down 80%. Here’s how it got there, Sophie Mellor, February 07, 2022, Fortune.
    • Shares in Peloton surged more than 20% in premarket trading Monday after reports that Nike and Amazon were both considering buying the troubled fitness bike and treadmill company. 
    • The sale of the company was instigated two weeks ago by activist investor Blackwells Capital, which urged in an open letter that the board of the company sack its cofounder and chief executive, John Foley, and explore a sale. The interest from Amazon and Nike was first reported by the Wall Street Journal and then followed up by the Financial Times and Bloomberg
    • By mid-2021, Peloton had 5.9 million subscribers and annual revenues of $4 billion. At its peak, Peloton had a market valuation around $50 billion.
  7. EXCLUSIVE: Woman- and POC-owned VC and private equity firms have hit an all-time high—but they still raise just a sliver of overall funding, Maria Aspan, February 07, 2022, Fortune.
    • JoAnn Price is used to busting venture capital stereotypes.  
    • As an influential Black woman running 28-year-old Fairview Capital Partners—a pioneer of diversity-focused investing—that’s been her whole career. Back in the 1990s, she entered an industry that almost never backs or hires people who look like her. And while things are beginning to change—as a new report published by her firm today reveals—there’s still a long, long way to go.
    • Price was first recruited to Fairview in 1992, tasked with getting the firm off the ground and raising money from public pension funds and other institutional investors to back it. 
    • Three decades later, Price is seeing some glimmers of hope in terms of her industry’s willingness to bet on more women and people of color. 
    • “They’re the unsung heroes,” says Miriam Rivera, the former deputy general counsel at Google who’s now the CEO and cofounder of seed-stage tech fund Ulu Ventures, in which Fairview has invested. “Every person of color in the industry probably knows Fairview Capital.”
  8. Peloton, Just Do It. Nike Would Be a Better Parent Than Amazon, Andrea Felsted, February 07, 2022, Bloomberg.
    • Potential suitors are circling the home-fitness company, but its best bet would be on Nike.
    • The exercise company would bring advantages to both the online shopping giant and the sportswear group. And both could easily afford it: Amazon’s market capitalization is $1.6 trillion, while Nike’s is $230 billion. Peloton’s value has shrunk to about $8 billion. Both potential suitors would also turbocharge global expansion. Nike, for example, generated 18.6% of its revenue in China in the year to May 2021, a possibly lucrative market for connected bikes.
  9. Tech Talent Shortage Is Helping Drive M&A Deals,  February 07, 2022, The Wall Street Journal, WSJ.
    • The pandemic sparked a 10% increase in IT and business-services deals in 2021 as companies boosted budgets and tech staffing
    • IT consulting firm Accenture PLC, one of the more prolific acquirers last year, invested roughly $4.2 billion across 46 acquisitions in its 2021 fiscal year, in part to “add skills and new capabilities in strategic, high-growth areas of the market,” a spokesperson said.
    • A shortage of information-technology workers is prompting some companies to buy firms for their employees, a strategy that is helping drive up the number of merger-and-acquisition deals across the IT and business-services sector, industry analysts say.
    • U.S. tech-sector companies added 24,300 workers in January, marking the 14th consecutive month of tech employment growth, while IT jobs at companies throughout the economy increased by 178,000, CompTIA said.
    • The gains lowered the unemployment rate for tech occupations to 1.7% in January, down from 2% in December, the group said.
    • U.S. employers in all sectors added 467,000 jobs in January, while job growth was about 700,000 higher in November and December combined than previously reported, the Labor Department said. The overall unemployment rate rose slightly in January to 4%.
  10. We Need Time to Rehabilitate from the Trauma of the Pandemic, David Rock, February 07, 2022, Harvard Business ReviewHBR.
    • The author, cofounder of the Neuroleadership Institute, offers three pieces of advice: 1) Don’t move too fast. The closer you get to the finish line, the more likely you are to rush and have another setback. 2) Value progress. Name which skills have atrophied and remember that incremental progress is the key to recovery. 3) Remember that we’re all the working wounded. Have compassion for yourself and for others.
    • These days, I’m still running, but doing so less frequently. My ankle has healed but it’s not back to full strength, so I’m only running on the beach. I miss those road runs, but recognize that I, too, am still in rehab.



Condensed knowledge




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Ultra condensed golden knowledge (GK) juices for those who got the "g-f superpower" g-f(2)850


The “g-f superpower”


  • The “g-f superpower” is the superpower of becoming a fast and successful learner. g-f(2)837
  • An ultra-condensed golden knowledge (GK) juice for those who obtained the "g-f superpower" consists of a single sentence. A click on the link that accompanies the phrase takes you to the container of golden knowledge. g-f(2)850



OPPORTUNITY, geniouxfacts


Essential FACT 5: Becoming a fast and successful learner is a superpower g-f(2)837



This "genioux fact" (g-f(2)837) is an ultra-condensed knowledge juice, extracted from more than 836 "genioux facts". The "genioux facts" most relevant to the juice appear as links.

  • To keep pace with change and avoid disruption, people must become fast and successful learners, infinite learners—those who not only enjoy learning but feel a constant need to acquire new skills.
  • Foundational FACT: Golden Knowledge (GK) opens the way to staggering opportunities, risks and challenges.
  • Obsolesce FACTOR: GK can be obsolete in some degree fast because GK of exceptional quality is produced daily.
  • Essential FACT: The essential problem with the digital age is that the rate at which GK is appropriated is much slower than the rate at which new GK is created.
  • Essential fact about pleasure: Learning is the greatest of all pleasures.
  • Essential fact about eternal youth: Keep learning to stay young forever.
  • The list of most relevant Essential FACTS:
    • g-f(2)771 Lighthouse of the big picture of the digital age (12/30/2021), Essential FACT 1: The fabulous treasure must be known to all
    • g-f(2)772 Lighthouse of the big picture of the digital age (12/30/2021), Essential FACT 2: The New World must be known to all
    • g-f(2)773 Lighthouse of the big picture of the digital age (12/31/2021), Essential FACT 3: GK for you to conquer the New World
    • g-f(2)778 Lighthouse of the big picture of the digital age (1/1/2022), Essential FACT 4: In the New World, the game is transformation
    • Essential FACT 5: Becoming a fast and successful learner is a superpower





Some relevant characteristics of this "genioux fact"

  • Category 2: The Big Picture of the Digital Age
  • [genioux fact deduced or extracted from geniouxfacts]
  • This is a “genioux fact fast solution.”
  • Tag Opportunities those travelling at high speed on GKPath
  • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
  • Type of validity of the "genioux fact". 

    • Inherited from sources + Supported by the knowledge of one or more experts.


References


“genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)905, Fernando Machuca, February 7, 2022, blog.geniouxfacts.comgeniouxfacts.comGenioux.com Corporation.


ABOUT THE AUTHORS


PhD with awarded honors in computer science in France

Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts"The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.




Key “genioux facts”


  • Some relevant and recent "genioux facts" from the g-f golden knowledge pyramid to master the big picture of the digital age.
    1. g-f(2)904 Lighthouse of the big picture of the digital age (2/7/2022), Visionary and Foundational Facts from the Playbook for Successful Personal Digital Transformation (PDT)
    2. g-f(2)903 THE NEW WORLD NEWS (2/6/2022), geniouxfacts, The 10 most read "genioux facts" of the month
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    7. g-f(2)898 THE NEW WORLD (2/5/2022), Financial Times, Satya Nadella: ‘Being great at game building gives us permission to build the next internet’
    8. g-f(2)897 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, The list of “genioux facts" of the day
    9. g-f(2)896 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
    10. g-f(2)895 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
    11. g-f(2)894 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
    12. g-f(2)893 THE NEW WORLD (2/4/2022), Media, Amazon Profit Shows Resilience Even as Labor, Supply Crunch Weigh on Results
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    14. g-f(2)891 THE NEW WORLD NEWS (2/3/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
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    17. g-f(2)888 Lighthouse of the big picture of the digital age (2/3/2022), The big winners of the New World are insatiably hungry for golden knowledge (GK)
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    23. g-f(2)882 Lighthouse of the big picture of the digital age (2/2/2022), How to learn fast when you have the “g-f Superpower”
    24. g-f(2)881 THE NEW WORLD NEWS (2/1/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
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    31. g-f(2)874 THE NEW WORLD (1/31/2022), Forbes, Microsoft CEO Nadella’s Brilliant Depiction Of The Digital Age
    32. g-f(2)873 Lighthouse of the big picture of the digital age (1/30/2022), Essential FACT 6: GKPath is the digital highway with no speed limit to grow
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    35. g-f(2)870 The New World (1/29/2022), geniouxfacts, The "g-f superpower" is within everyone's reach
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    39. g-f(2)866 THE NEW WORLD (1/28/2022), Harvard Business Review, Celebrate to Win
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    43. g-f(2)862 "g-f" fishing (1/27/2022), geniouxfacts, 10 GK juices on Artificial Intelligence (AI)
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    47. g-f(2)858 THE BIG PICTURE OF THE DIGITAL AGE (1/26/2022), Media, Microsoft beats on earnings and revenue, delivers upbeat forecast for fiscal third quarter
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g-f(2)778 Lighthouse of the big picture of the digital age (1/1/2022), Essential FACT 4: In the New World, the game is transformation

ULTRA-condensed knowledge "g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital age ,  Lighthouse of th...

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