The emergence of autonomous trucking will mean that managers of rail, port and warehouse operations will need to adjust their scheduling and facilities to keep goods moving 24/7, write Aisha Chottani, Greg Hastings, John Murnane and Florian Neuhaus of McKinsey. Also, smaller trucking companies might become unable to compete with larger ones because of costs, and vehicle manufacturers might offer autonomous transport as a service, they write.
Leaders who prioritize themselves over their teams can't be surprised when their employees fail to excel, writes team development specialist Simon Mac Rory. "It also means that as a leader you must recognize that the team is comprised of individuals and that each has separate, unique needs and operate at differing levels of ability and confidence," he writes.
Many popular internet and app companies are focused almost entirely on advertising or direct subscription revenue, whereas companies in China have adopted a more diversified approach to revenue that includes social networks, gamification, product placement and digital coupons, writes Connie Chan of Andreessen Horowitz. "Studying China illustrates how expanding sources of revenue, not just growing existing revenue lines, is a lens to drive product thinking," Chan writes.
You'll have stronger relationships with employees by regularly meeting to discuss roles, goals and happiness instead of waiting for an annual review, writes Lolly Daskal. Ask them how you can be of assistance, whether it's through listening or helping them overcome obstacles.
The US population is getting older, and yet the working world has not grappled with how to best utilize people who are living longer, healthier lives and want to keep working, writes Linda Marsa. Some efforts include employers who offer part-time hours or retraining, as well as BMW's efforts to reconfigure assembly lines and safety equipment to help older employees be productive.
Leigh Radford helps lead Procter & Gamble's venture arm, but her career began with an early job at Eastern Air Lines just as the business was entering bankruptcy. "We went from 150,000 employees to 1,500 overnight, and all of a sudden it's about cleaning the bathrooms since you don't have janitorial service, it's about writing personal paychecks to try to keep the airline afloat," she says.
The 1980s search for the Titanic was a US Navy-funded, classified expedition where Robert Ballard was tasked primarily with finding two lost nuclear submarines, leaving only days to search for the Titanic. "We're always pushing the boundaries of technology and exploration, but the story of the Titanic reminds us that there are great risks and tragedies that accrue to those ambitions," says Kathryn Keane of National Geographic, whose museum is hosting an exhibit on the Titanic.
Why it matters: Richard Branson's Virgin Galactic has finally come through on its promise to reach the tip of space. The achievement today comes after multiple failures with past models of the company's SpaceShipTwo. The success takes the world one step closer to making space tourism a commercial reality.
Why it matters: It matters a whole lot to the thousands of people who will have those jobs in Texas, California, Pennsylvania, Washington, New York and Colorado.
It is also interesting to compare Apple's approach to the announcement to the high-profile saga that accompanied Amazon's search for HQ2. Granted, the scale of the investment is much smaller, but it is nice to see Apple make the move without so much drama.
Why it matters: The internet of things is already changing the face of data connectivity across a wide range of consumer, commercial and industrial applications, so GE's move to establish an indepedent IoT business and capitalize on a quickly-growing market makes sense. While the move sounds great on paper, GE's string of bad business decisions over the years has to make you wonder if this move comes at the right time.
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