8 Leading Areas for Change In Risk Management/Analysis In The Coming Years

Strategy Driven

Managers and people in higher positions, in general, are always looking for ways to improve bottom-line operations and minimize the risks. Businesses across the world have become an integral part of the networked economy. All of this, at the same time, creates a network of risks. All businesses in this network will have to rely on their partners that they can identify, manage, and reduce risks. Bottom-line performance is a vital aspect of any business.

What Uber’s China Deal Says About the Limits of Platforms

Harvard Business

On August 1 Uber announced that it is selling its Chinese brand and operations to Didi Chuxing for $1 billion, its annual burn rate in that market, in exchange for a 20% stake in the local competitor. Proponents of this view cite companies such as LinkedIn (founded in 2002 and recently acquired by Microsoft), which ostensibly operates in 200 countries, Airbnb (2008) in 190, and Uber (2009) in 68. Are there really global network economies?

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The Serendipity Machine

Mills Scofield

Sebastian, an organization hacker, is the author of The Serendipity Machine - the inspiring story of the highly innovative, international coworking network Seats2meet.com. ” By opening its lounge to the growing network of independent professionals, Seats2meet.com began to build an interface between its business and the wealth of social networks. It is an attitude of openness and sharing that anyone operating within a social network needs to have anyway.

Why the Problem with Learning Is Unlearning

Harvard Business

In every aspect of business, we are operating with mental models that have grown outdated or obsolete, from strategy to marketing to organization to leadership. ” But in a networked economy, the nature of strategy, value creation, and competitive advantage change from incremental to exponential. They look to create network effects through ecosystems of customers, suppliers, and partners.