News You Can Use: 5/23/2018

News You Can Use

  • What the ‘Sixers School of Management’ Teaches Us About Strategy Execution 101

    Brown understood that to build support for the Process within the team, he would have to create a sense of mutual trust. He most famously does this through monthly breakfast meetings, in which players deliver a PowerPoint presentation about a subject of intense personal interest. Topics have run the gamut from tattoos to coffee to snakes. There was even one as serious the Balkan conflict, which touched the life of Croatian power forward Dario Saric.

    The point is get to know one other as whole people, not just employees, and thereby make the strategy that assembled these players feel like a part of the team’s core identity. The morning storytelling sessions might seem superfluous, but their ability to get players’ buy-in was real. In fact, it was a player, Tony Wroten, who first used the phrase “Trust the Process.” Those words caught on among the team’s members before spreading like wildfire across the league.

    https://www.entrepreneur.com/article/313095

  • Thanks to AI, you may not have to pay attention to conference calls anymore

    VoiceAI also comes with real-time sentiment analyses and coaching for call centers. For businesses with a large customer service component, this could help expedite calls by “providing real-time recommendations to representatives as conversations happen,” per a press release.

    The service will also provide smart notes, which automatically pick out the salient points in a meeting or call, so you’ll know exactly what Elon Musk said about investors and their “bonehead” and “boring” questions during a Tesla earnings call.

    https://www.fastcompany.com/40574042/thanks-to-ai-you-may-not-have-to-pay-attention-to-conference-calls-anymore

  • NASA is sending a helicopter to Mars to get a bird’s-eye view of the planet

    https://www.theverge.com/2018/5/11/17346414/nasa-mars-2020-helicopter-atmosphere
  • Learn to Stop Saying ‘Um’ and ‘Ah’ Before the Media Comes Calling

    Put a Post-It note on your computer or your phone that says the words um and ah (or the words you’re wanting to stop saying) with a red line through them. This will help make you aware when you’re about to say these words.

    What you’ll notice after a few days is that you’ll be conscious when you’re about to say these words. After a week you’ll be so aware that you’ll be able to pause and not say them. Awareness is the key to success so when you become mindful when you’re saying these words during general conversations you’ll have the ability to not say them during your media interviews.

    https://www.entrepreneur.com/article/312563

  • Subscriptions for the 1%

    Just take a look at the abysmal conversion rates for online content. The New York Times gets 89 million uniques per month, but only has 2.2 million subscribers, excluding crossword and other app subscribers. The Guardian has 800,000 financial supporters, but about 140 million unique visitors at a peak a few years ago. Last year, the Wikimedia Foundation received donations from 6.1 million donors, yet just the English language edition of Wikipedia received 7.7 billion page views last month. That’s 1,300 April page views per annual donor.

    The implied conversion rates here are in the very low single digits, if not lower. And that’s no surprise given the extreme lengths people go to get content for free. A friend of mine uses AWS to rent IP addresses to reset his article meter on popular news pages, allowing him to download web pages through a Singapore data center using a custom command line utility. Engineers who make hundreds of thousands of dollars are suddenly tantalized by the challenge of trying to break through a porous paywall. I have less technical friends Googling URLs, setting up proxies, and other tactics to get to the same outcome.

    https://techcrunch.com/2018/05/13/subscriptions-for-the-1-percent/

Photo by MontyLov on Unsplash

Healthcare News: 10/15/2014

Here is a new feature on the site… a summary of weekly healthcare industry news, in no particular order:

  1. United Healthcare’s Q3 earnings are expected to show 7% growth:
    http://www.forbes.com/sites/greatspeculations/2014/10/14/unitedhealth-q3-earnings-preview-optum-poised-to-drive-growth/
  2. Cigna has the highest return on equity (ROE) showing 19.5%
    http://www.mysmartrend.com/news-briefs/news-watch/cigna-has-highest-return-equity-managed-health-care-industry-ci-unh-aet-cnc–0
  3. Highmark’s actions subvert its assurance of access to UPMC for Medicare customers:
    http://www.post-gazette.com/opinion/2014/10/14/Promises-broken-State-regulators-are-right-to-challenge-Highmark/stories/201410140037

    The state wants Commonwealth Court to find Highmark in contempt of the consent decree for marketing a Medicare Advantage policy that provides no access to UPMC doctors. Highmark began offering the policy last week for the incredibly low premium of zero dollars, just after it had jacked up the monthly premiums on Medicare Advantage policies that do provide in-network UPMC access. Most of those premiums rose by double-digit percentages, one doubled and another tripled.

This is the first attempt (baseline).  More to come.