- Is insurance a rich enough game to disrupt?
Tech innovation has long been a challenge for insurance incumbents. Old systems are difficult to displace in any industry, but the complexity of insurance, tradition of relying on the past to predict the future and silos of data can make it a Herculean effort. Tech giants, on the other hand, regularly cannibalize their own revenue with new products and can enlist tens of thousands of engineers to develop fantastic digital customer experiences and bring large-scale efficiencies to back-end insurance systems through better software and AI.
So, yes, FAAMG has a number of major advantages over insurance incumbents. But for tech giants, new verticals and initiatives are also longer-term decisions around margins and market scope. It’s an obvious point, but if FAAMG wants to jump into insurance, they’ll want a decent return. Can they find that in insurance?
https://techcrunch.com/2018/07/10/is-insurance-a-rich-enough-game-to-disrupt/
- How to handle the job-search process when you just got fired
Instead, go with something like, “For three years, my role involved analyzing market opportunities and then making recommendations to our product teams on potential new products and product enhancements. We worked incredibly well together and launched some amazing innovations. The firm recently reorganized and shifted leadership. My role was redefined, and much of the analysis work that I love was removed from my job. While I realized some key wins as my role shifted, the primary focus of the position was no longer centered on the things I do best, like [insert things you do well and know this company is seeking].”
https://www.fastcompany.com/90199718/how-to-handle-the-job-search-process-when-you-just-got-fired
- Being happy has nothing to do with money (or drugs)
- Why Corporate America is recruiting high schoolers
Since 2011, more than 400 companies have partnered with 79 public high schools across the country to offer a six-year program called P-Tech. Students can enroll for grades 9 to 14 and earn both a high school and an associate’s degree in a science, tech, engineering or math related field.
The companies offer input on the curriculum, bring students on site, pair them with employee mentors, and offer paid internships, or some combination of the above.
“There’s a war for talent across all our competitors. We know we’re going to need a lot of different pathways to bring talent in,” said Jennifer Ryan Crozier, president of the IBM Foundation.
https://www.clickorlando.com/education/why-corporate-america-is-recruiting-high-schoolers
- Yes, open office plans are the worst
In the study, researchers followed two anonymous Fortune 500 companies during their transitions between a traditional office space to an open plan environment and used a sensor called a “sociometric badge” (think company ID on a lanyard) to record detailed information about the kind of interactions employees had in both spaces. The study collected information in two stages; first for several weeks before the renovation and the second for several weeks after.
While the concept behind open office spaces is to drive informal interaction and collaboration among employees, the study found that for both groups of employees monitored (52 for one company and 100 for the other company) face-to-face interactions dropped, the number of emails sent increased between 20 and 50 percent and company executives reported a qualitative drop in productivity.
Photo by Maxim Medvedev on Unsplash