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Week’s Thought Rundown

2 minute synopsis of interesting content on 10Thoughts this week.

Jack Mara     |     Oct 3, 2015

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Conventional Thinking Challenged

  • Facebook intentionally makes less money than they could; their goal is to show you adds you want to see rather than ones that maximize their revenue, they believe this strategy will win in the long run
  • Deloitte will no longer look at which university its job applicants attended; they believe this will boost diversity and social mobility
  • Amazon will no longer sell Apple and Google video streaming; they are risking losing sales of popular brand name products to competitors to push their own video services

Leadership Thinking

  • A Fast Company piece argues that we need in-person communication because our brains have not yet fully evolved to handle remote communication
  • A Technology Review piece found that social networks can create the illusion that something is extremely common when it is actually rare
  • The Wall Street Journal revealed research finding that the brains of lonely people respond negatively to social stimuli

Problems Companies are Solving

  • A McKinsey report argues that the “skill” element of Daily Fantasy Sports is so high that it will wipe out the recreational players; recreational players are key to the success of the industry
  • Companies are granting board seats to activist investors at an accelerated pace; there is concern that companies are bowing to activist demands too easily at the expense of long term share-holder value
  • Everyone you know will be able to rate you on a new ‘Yelp’ for people – whether you want them to or not

Written by Jack Mara - Please submit all responses to jackmara@10Thoughts.com

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10Thoughts is where business professionals find the best article content recommended by their talented peers.

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