The W: A Weekly Reading List

In this week’s edition…income differences remain staggering…how Zuma lost control…when AI doesn’t recognize you…how to be better at being wrong…the gravity-defying globe of death…and more.   Business & Economics Why Customer Retention Lies at the Heart of Corporate Valuation Instead of thinking about revenues as a monolithic unit, we can think of it in terms

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Will CEO Pay Ratio Be 2018’s Most Discussed Business Metric?

Back in 2015 a new provision of the Dodd-Frank law was approved stipulating that U.S. companies had to start disclosing the pay gap between their top boss and regular employees, i.e., the “CEO pay ratio.” This provision wasn’t discussed very much at the time, and there was debate in 2016 about how to actually measure and

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HBR: The First Wave of Corporate AI Is Doomed to Fail

There is a good, short, read by Kartik Hosanagar and Apoorv Saxena on hbr.com on why the first wave of AI efforts are bound to fail. Some highlights:     We believe that a similar story of early failures leading to irrational retreats will occur with AI. Already, evidence suggests that early AI pilots are unlikely to produce the dramatic

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HBR: How Likely Is Your Industry to Be Disrupted? This 2×2 Matrix Will Tell You

Thought-provoking strategy piece on HBR.org is worth a read. Some highlights: To help business leaders better understand industry disruption, we developed an index that measures an industry’s current level of disruption as well as its susceptibility to future disruption. For the former, we examined the presence and market penetration of disruptor companies; we also considered

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FT: Big Tech should hit the reset button

In case you missed it, there is a good piece on FT.com on how tech companies are mis-managing the rising discontent with their power written by Rana Faroohar. Some highlights: The Fangs — Facebook, Amazon, Netflix and Google — are having a crisis that encompasses the cognitive, the political and the economic. Activists, regulators and even some

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Diversity In the C-Suite Is All About the Economics of Inclusion

In recent months I’ve had the good fortune to speak with several authors and thinkers working in the Diversity & Inclusion field, and all of them shared with me a genuine sense of frustration at the slow progress minorities and women have made into the C-suite.  In thinking about this issue, and reflecting back on

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Recent read: “Almost all the US jobs created since 2005 are temporary”

Fascinating short post on Quartz by Dan Kopf on the changing source of jobs. A highlight: “We find that 94% of net job growth in the past decade was in the alternative work category,” said Krueger. “And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.” In other

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Is Liberal Federalism the Future of the Left?

As has been reported widely, the FCC recently changed its so-called “net neutrality” policy, effectively allowing broadband companies such as Verizon and Comcast to adjust their service delivery models to reflect the bandwidth usage of media sites. Net neutrality is a contentious issue, and the New York Times‘ Farhad Manjoo laid out the case for

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Eurasia Group’s 2018 Risk Watch List

Don’t miss Eurasia Group’s 2018 political risk outlook out now.  From the report’s intro: Let’s be honest: 2018 doesn’t feel good. Yes, markets are soaring and the economy isn’t bad, but citi- zens are divided. Governments aren’t doing much governing. And the global order is unraveling. The scale of the world’s political challenges is daunting.

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