Super interesting topic! Let me point also to the fact that the Washington Post just few years prior to the sales to Bezos was worth a few billions of dollars. Unfortunately, it seems that as that was a family business, it was dificcult for the new generation to recognize failure in turning the business around, and timely sell the shringking assets. Some argue that the family was waiting to find a proper buyer, who would sustain the good name and practices of the company, but I personally think it was the family mistake. Finally, let me also say that some newspapers have successfuly transformed their activities to digital needs of users. The Atlantic seem to be one good example, in which the paper business became just an addition to the online edition. Most important was for them to timley recognize the incoming digital disruption.
Great post! I totally didn’t know that industry is predicted to unlock approximately $1.3 trillion in value through various developments. Apart from some straightforward gains in productivity, such as better analytics and smart grid, I would be super interested to analyse the gains related to workforce management. To me, still untapped oppotunity is use of mobile tools, geo-location or gps-navigation which allow for live workforce management. Such systems could also greatly improve data about what the employees in fact do and for how long, which could be transposed into further gains in productivity. Some others great applications of tech in that industry, which are on top of my head are: drone supervision of network and it’s maintanence needs or robots replacing hazardous high voltage jobs.
Great post! Very interesting (byt maybe less straightforward) observation to me was seeing how the finance industry is reacting to quickly changing environment. Start-up and new technologies are popping up so fast, it hardly is possible for the old-style, brick and mortar businesses to keep up with the innovative pace of the modern, digitized World. From my private perspective, I just came from a Hackathon and I discovered that almost all the corporate sponsors of that event, were willing to mentor the start-ups that they considered potentially important or disruptive for their core business. To me the biggest lesson from this post is how to react to changing environment. If you can’t innovate yourself, you have to pay the premium to others to do that for you (by partnership of acquisition).
The topic totally cought my attention. Very interesting insights! Thank you. Althouh I see financial benefits of not printing money, I am slightly scared by the perspective of full digitalization of central bank issued money. If central bank and government relations are not fully transparent and those institutions are not fully independent, that might couse a threat of government trying to influence the bank to cover for short term deficits.
If you are interested in central banking problems, let me recommend you a very interesting book, showing a different perspective on the topic. Especially shocking to me was the fact that FED is a private institution: https://en.wikipedia.org/wiki/Currency_Wars
Very interesting post! Seems that disastrous atmospheric occurance can constitute a business opportunity for some creative thinkers!
As of the future I would be very eager to see if the grid itself is not an outdated notion and if we will not end up just sending electricity between location without using network. The wireless charging is already possible.
I also see an interesting business opportunity for Go Electric in offering its services for grid maintenance – they could also help reduce the scheduled outages time.
FInally, I would only slightly be concerned if their generator solution is eco-friendly as it seems it might be quite dirty an engine.
Very interesting post! Thank you. I didn’t know apparel industry accounts for 10% of global carbon emissions!
H&M efforts for reducting footprint from its factories and energy consumption are impressive. However, I do think the main role H&M could have in the future is educating the masses. Leveraging the brand mass marketing campaigns to introduce global warming related issues to millions of people could create tremendous social impact.
Interestingly, some new tools are being created that might soon trigger competition among apparel brands in the field of carbon footprint (http://www.cleanmetrics.com/html/clothing_carbon_footprints.htm).
Very interesting post! Thank you! It seems to me from what I am reading that World Bank is actually quite inefficient. It didn’t manage to help “New Kyoto” protocol to get signed by crucial countries and ad hoc support for post-disaster relief for Haiti is a post factum action that is not addressing the core of the problem. New plans are being created at HQ of WB but little execution is done. Even in the space of spreading the consciousness about the problem among countries, decision makers and citizens the WB is not truly visible. I dare to say Leonardo di Caprio is doing more for Climate Change problem widespreading than WB. Hope the competition from the newly established Asian Infrastructure Investment Bank will lead to increase of effectiveness of WB.
Very intersting post! I would be curious to know what other resorts do. From my experience, as the likelyhood of snow in low mountains decreases, tourist are changing they travel destinations, aming for resorts located in higher mountains of just at higher altitudes. In Europe such trend leads to tourist going more often to Austria, Switzerland or France for skiing, instead of going to Slovakia, Poland, Czech Republic or Germany. Unfortunately, for the countries with lower mountains, it means tourists will spend money somewhere else. Also attracting new group of spring or fall tourist is more difficult. I would be courious to see investments in indoor activities correlation with snowfall decrease over time 😉
We should all be more concise!
Very interesting post! Dreamliner fuel reduction is an important step for industry footprint reduction, however, I would be curious to know more about Boeing developments in electrical planes space(or at least information about trials to use solar panels on planes to reduce the fuel-dependancy). If we are able to make hybrid cars, why wound we not try to build hybrid planes. Interestingly, Airbus is already developing them (http://money.cnn.com/2016/04/07/news/companies/hybrid-electric-plane-airbus-siemens/).
As of the future, I am also very curious how will the advanced conferencing technology, such as Microsoft’s Mixed Reality HoloLens, will affect business driven need to travel. Interesting times ahead!