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CEO Picks - The best that international journalism has to offer!
S2
Digital Transformation Changes How Companies Create Value
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Digital transformation is about changing where value is created, and
how your business model is structured. More and more, value creation
comes from outside the firm not inside, and from external partners
rather than internal employees. The authors call this new production
model an inverted firm, a change in organizational structure that
affects not only the technology but also the managerial governance
that attends it. Executives must understand and undertake partner
relationship management, partner data management, partner product
management, platform governance, and platform strategy. They must
learn how to motivate people they dont know to share ideas they dont
have.
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S1
Getting Your Company's Data Program Back on Track
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Many senior managers find themselves wondering: If data is such a game
changer, why is it so hard to extract any value from it? For companies
struggling to actually see results from their data program, it might
be time to make a fresh start. There are three important issues
managers need to understand as they restart: 1) Too many companies
have made the mistake of viewing data as a technology problem, but
data is a management problem, and it cannot be solved with technology
alone. 2) Many companies try to tackle issues that are too difficult
straight out of the gate. 3) Data is a different sort of asset:
intangible, nuanced, both potentially valuable and dangerous. People
need to spend time working with it to understand its properties.
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S3
Why You Should Allow Returns on Customized Products
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Consumers are accustomed to generous product returns policies online.
Firms recognize that it makes the purchase decision easier. But most
companies restrict these policies to standard products and customized
products are typically not returnable. In this article the authors
argue that this is a mistake. Extending easy returns to customized
products will encourage consumers to engage more with the brand and
will also reduce the likelihood of returns occurring in the first
place. This will result in more loyal customers and higher profits.
The authors also explored the conditions under which companies can
expect a win-win outcome from adopting a lenient returns policy for
customized products. Four factors seem to be critical: making
customized products more salvageable; adopting tech innovations that
reduce the cost of customization; reducing or eliminating
customization fees; and providing improved, user-friendly interfaces.
Continued here
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S4
Your CSR Strategy Needs to Be Goal Driven, Achievable, and Authentic
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As more companies commit to adopting CSR strategies that address
environmental and social issues, its becoming more important than ever
for these strategies to be goal-driven, ambitious yet achievable, and
authentic. The author outlines six tips for companies to develop this
kind of CSR strategy: Get buy-in from executives, determine material
issues, align goals to company values and culture, establish a goal
framework, create a system of implementation and accountability, and
deliver transparent reporting.
Continued here
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S5
There's A Lot More To Translate In A Baby Babble Than You Might Think
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A video of 19-month-old Orla from Liverpool has gone viral, reaching
more than 19 million views on TikTok. In the clip, babysitter Olayka
is trying to coax Orla into having a nap. Orla, however, wants to stay
up and protests in babbling sounds with a distinct Liverpool English
(scouse) accent.Behind this adorable exchange, important processes of
language acquisition are at work. Here is what science says about the
importance of babbling and how it is linked to accents.
Continued here
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S6
10 Leaks That Might Have Spoiled the iPhone 16 Three Months Early
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With the expected iPhone 16 announcement just a few months away, the
leaks are flooding in. Apples latest, greatest iPhone will obviously
get a major software upgrade thanks to the introduction of Apple
Intelligence, but it might also have some serious hardware
improvements in store.Those upgrades could include a larger display,
improved battery life, and even drum roll the introduction of another
button. Here are 10 significant (and rumored) upgrades we could see in
the upcoming iPhone 16.
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S7
The 3.2 Million-Year-Old Lucy Fossil Reveals A Forgotten Truth About
Humans
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Fifty years ago, scientists discovered a nearly complete fossilized
skull and hundreds of pieces of bone of a 3.2-million-year-old female
specimen of the genus Australopithecus afarensis, often described as
the mother of us all. During a celebration following her discovery,
she was named Lucy, after the Beatles song Lucy in the Sky with
Diamonds.Though Lucy has solved some evolutionary riddles, her
appearance remains an ancestral secret.
Continued here
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S8
The Main Problem With Fast Fashion Is Really Easy To Fix -- Without
Losing Style Points
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As sunny summer days return in the northern hemisphere, you may be
looking to refresh your wardrobe. The allure of a whole new you is
pervasive and the foundation of many successful marketing
campaigns.Indeed, as the weather changes and we spend more time
outdoors, you may need lighter summer clothing. However, before you
run out to H&M, it is worth considering how you can sustainably add to
your wardrobe while limiting its carbon footprint.
Continued here
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S9
Will Joe Biden step down? An expert Q&A
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Joe Bidens extremely weak performance at the CNN TV debate last week,
has prompted senior figures in the Democrat party to question whether
he is fit enough to stand for the upcoming presidential election.
Former speaker of the House Nancy Pelosi said it was reasonable to
ask: Is this an episode or is this a condition? Ahead of an interview
with Biden by ABC News anchor George Stephanopoulos tonight, The
Conversations Rachael Jolley asked Dafydd Townley, who studies US
elections, what might happen next.
Continued here
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S10
Ecowas summit: 6 steps the leaders can take to restore stability and
growth in west Africa
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Senior lecturer in Politics and International Relations, Leeds Beckett
University This years summit of the Economic Community of West African
States (Ecowas) takes place against a challenging environment for the
regional bloc.
Continued here
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S11
Nigel Farage, Greens and 72 Liberal Democrats: inside Britain's new
multi-party parliament
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Aside from Labours landslide victory, the other big story of the 2024
election is the fragmentation of the British parliament and the rise
of smaller parties at the expense of the Conservatives.While polls
predicted a total wipeout for the Conservatives, they will at least be
relieved to know they will still occupy the official opposition
benches something which looked to be on a knife edge just a few days
ago.
Continued here
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S12
Rachel Reeves is the UK's first female chancellor. Here's why that's
so significant
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Rachel Reeves has made history by becoming the UKs first female
chancellor of the exchequer, bringing with her a significant promise
for change in economic and financial policy-making at the highest
level. The post of chancellor has existed for the past 800 years and,
notably, has always been held by a man. Until now.
Continued here
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S13
The UK's new prime minister Keir Starmer - hoping for a Democrat in
the White House, preparing for Trump
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Keir Starmer, the UKs new prime minister, was quiet on the question of
relations with the US prior to his election, choosing to avoid, in
particular, talk of how he would manage a second Donald Trump
presidency.Starmer is a centre-left politician the first to come to
power in the UK for over a decade so his views are hardly aligned with
Trumps. But the US presidential election is a few short months away
and, depending on the result, the relationship between the UK and US
could look very different on the other side of it.
Continued here
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S14
Fusion power could transform how we get our energy -- and worsen
problems it's intended to solve
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Harnessing energy from nuclear fusion the combining of nuclei, which
lie within atoms could be instrumental in the shift towards a
decarbonised global energy system. As issues of climate change and
energy security are becoming increasingly salient, the promise of an
apparently clean, abundant and safe energy source, such as fusion, is
ever more appealing. In response, the fusion industry is growing
rapidly and the trope that fusion is 30 years away and always will be
is beginning to lose credibility as the technology moves beyond its
experimental stage.
Continued here
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S15
US Supreme Court: 10 days of blockbuster decisions with huge
implications for the future
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The US Supreme Court has concluded its 2023-24 term in the past two
weeks with a number of profoundly consequential decisions that have
major implications for the years to come.This is the court of last
resort in the US and no other court may overrule its decisions. It
possesses tremendous authority, having the power to strike down as
unconstitutional or illegal a vast range of actions or policies
undertaken within the US political system.
Continued here
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S16
Three animals that can detect disease in humans
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Jacqueline Boyd is affiliated with The Kennel Club (UK) through
membership, as Chair of the Activities Health and Welfare Subgroup and
member of the Dog Health Group. Jacqueline is a full member of the
Association of Pet Dog Trainers (APDT #01583) and she also writes,
consults and coaches on canine matters on an independent basis, in
addition to her academic affiliation at Nottingham Trent
UniversityWhen it comes to accurately diagnosing a disease, you might
think you need expensive, high-tech machinery and equipment capable of
looking deep beneath the skin at whats going on in the body. But while
these high-tech implements certainly are incredible, they arent the
only instruments capable of detecting disease. In fact, you may even
share a home with one of these powerful disease-detecting agents.
Continued here
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S17
What Labour's election means for women: the good and the bad
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Its a good day for womens representation in politics. The proportion
of women MPs has reached a record high of 40.6%. Women are expected to
hold a number of prominent positions in the new government, including
the UKs first female chancellor. Labour also has a stronger track
record of women-friendly policies than the other parties. However, the
picture is not entirely rosy.The newly elected parliament includes 264
women. This figure surpasses the threshold of 40% for the first time
and is a big jump from the previous record of 34.2% in 2019. And women
are not just on the backbenches, a number also hold senior frontbench
roles, including Angela Rayner as deputy prime minister and levelling
up secretary.
Continued here
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S18
The six most urgent problems facing the UK that Starmer's new
government needs to fix
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Keir Starmers Labour party has won the UK general election in a
landslide. Its huge majority should, in theory, give Starmer the clout
to see through most of his political agenda. But in reality, the
victory celebrations might prove short-lived, given the size of the
challenges in front of him.When Tony Blair came to power in 1997, he
inherited a strong economy and a tide of booming national optimism.
Starmer, by contrast, inherits an economy in the doldrums and a
mandate seemingly more motivated by a desire to remove the
Conservatives than by enthusiasm for Labours manifesto.
Continued here
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S19
Disproportional representation: what the UK election landslide would
look like under NZ's MMP system
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At first glance, Keir Starmers Labour Party has just put in a
performance for the ages in the British general election. The incoming
prime minister controls a comfortable parliamentary majority, Tory
bastions have fallen to the left and the right, and any number of
curtains have been brought down on the careers of Tory MPs and
ministers.
Continued here
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S20
Keir Starmer appoints historic cabinet with record number of women -
now comes the hard part: governing
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As the dust settles on Labours historic election win, Keir Starmer,
the UKs new prime minister, has appointed his team of senior
ministers. These men and women (of whom there are a record number in
this cabinet) are now responsible for governing and delivering on the
partys manifesto commitments.The ability to choose who sits in cabinet
and what jobs they have is hugely empowering for any prime minister.
Most ambitious politicians crave high office, which locks them into an
essentially submissive relationship with the prime minister.
Continued here
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