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Michael Fraccaro, CHRO at Mastercard, on the value of business resource groups

HR Digest

I’d say we’re very focused on creating a skilled workforce and leadership pipeline that can execute our strategy. I was at a conference recently and one of the speakers remarked that “Culture hedges against the risk of uncertainty.” We’re always looking for ways we can be a positive influence in the markets where we operate.

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Why Consensus Kills Team Building | N2Growth Blog

N2Growth Blog

He is one of my favorite leadership bloggers, and hopefully we’ll still be on speaking terms after this post. It is the responsibility of executive leadership to set the tone for great teamwork by putting forth a clearly articulated vision, and then aligning every aspect of strategic and tactical decisioning with said vision.

Consensus 325
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3 Emerging Market Risks Companies Should Watch for in 2018

Harvard Business Review

This means that many emerging market risks get cut from the senior leadership agenda. They did not spend as much time thinking about local events that have implications for their emerging market operations. Multinational companies should pressure-test 2018 sales targets and currency hedging against this scenario.

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3 Ways to Get Your Own Digital Platform

Harvard Business Review

Network businesses have always been around, from matchmakers to real estate brokers, but it’s the move to digital platforms that has led to market-shaking effects. Digital platforms are grease for the flywheel, facilitating the rapid exchange of value between network participants at near-zero marginal cost. No strategy is static.

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Saudi Arabia’s New Economic Reforms: A Concise Explainer

Harvard Business Review

While there is little prospect for political reform on a wider scale — Saudi Arabia is and remains a traditional monarchy with limited public participation in policymaking — the current reform process is an important one, and one indicative of the sort of the socio-economic challenges the Gulf oil producers increasingly face.

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What Good Is Impact Investing?

Harvard Business Review

Or you could participate in projects financed in part by conventional investors and in part by non-profits. With these, you actually participate in the upside of your customers, and therefore your business grows with them. Private equity or hedge funds through the ‘80s and the ‘90s, exactly the same story.

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4 Models for Using AI to Make Decisions

Harvard Business Review

Even better, they would respond 10 times faster to market moves than existing processes while requiring minimal human intervention. Human leadership defers to demonstrable algorithmic power. Leadership in these organization demands humility and a willingness to convert trust in numbers into acts of faith. That was the challenge.