News You Can Use: 12/5/2018

  • There’s definitely reason to worry about Brexit, says Accel’s London team

    Though they reiterated that no one can know for certain what Brexit’s impact might be, Botteri raised a handful of things that have the firm worried, beginning with “immigration and hiring talent and the movement of talent,” which could be meaningfully hampered by Brexit. “Even companies that don’t move their headquarters to London will often at some point begin to build a team,” he noted, questioning whether that will continue to happen.

    There’s also the nontrivial issue of what happens to fintech companies, which have been thriving in London as a gateway between the U.S. and Europe and that have easily operated across all of Europe. Asked Botteri, “What about that?” post Brexit.

    https://techcrunch.com/2018/11/30/yes-do-worry-about-brexit-says-accel/

  • Confessions of a procurement director: ‘We don’t want to overpay our agencies’

    It’s procurement’s fault to a degree that agencies have shifted their income model. That’s basically a result of forcing down margins. It shouldn’t be that way. The team I work in is more advertising and marketing-focused than others I’ve worked at, so we’re able to draw up contracts with partners that aren’t always trying to secure the cheapest price and are more about how we get value and better return on investment. We don’t want to overpay our agencies and ad tech vendors, but we really don’t want to do the opposite because we see them as partners and if those businesses aren’t profitable then they will not work with us.

    https://digiday.com/marketing/confessions-procurement-director-dont-want-overpay-agencies/

  • How super rich companies harm us all — and try to cover it up
  • Empower the Employees Who Will Build an Amazing Culture

    Empowerment is often interpreted as giving people control over daily details like what hours they work or what kinds of snacks they find in the break room. While those things certainly make day-to-day living more comfortable, they don’t give employees an overarching sense of ownership over the work they do.

    Empowered employees are given the opportunity to do work they value or work that fuels their growth. Anything less feels like lip service, and companies that want to keep their employees genuinely empowered — and engaged — have to keep this mind. Empowerment isn’t necessarily about making work more enjoyable; it’s about making it more meaningful.

    https://www.entrepreneur.com/article/323575

  • How to Become the Best of the Best

    You can be the best at something, but if no one knows, no one cares. Work on making friends in your field, especially with people more successful than you. That means having people skills, introducing yourself at parties, going to events, and throwing out favors.

    It kind of sucks that just being extremely good isn’t enough, but a lot of skills don’t have a “best of” category. An athlete may consistently win, thus establishing themselves as the best, but most of us do stuff that is much harder to measure. That’s why who you know (and who likes you) matters so much.

    https://lifehacker.com/how-to-become-the-best-of-the-best-1830571441

Photo by Mantas Hesthaven on Unsplash

News You Can Use: 8/22/2018

The Source: Magic quadrant and Negotiation

  • Will vendor rankings replace magic quadrants? HfS Research thinks so

    We’re done, the whole quadrant craze is starting to smell pretty bad and we know the industry is fed up with it. Increasingly, many of these 2×2 matrices are missing several of the market leaders (who refuse to participate) and having them all stacked in the top right just smacks of pay-for-play (even if the analyst has fair intentions). Let’s be honest, noone trusts these matrices and they are harming the entire credibility of the analyst industry. Sure, there are many honest, quality analysts with integrity, but their craft is being soiled by several quacks who are basing their vendor placements purely on vendor briefings, whether they like a particular vendor, and whether some vendors pony up for their research services. There are many “analysts” out there who do not bother to do sufficient customer research and we all suspect who these characters (and their employers) are…

    https://diginomica.com/2018/08/13/will-vendor-rankings-replace-magic-quadrants-hfs-research-thinks-so/

  • Transactions without conflict

    It’s possible to negotiate a substantial contract in a few minutes by email—if both sides care more about forward motion than they care about the last decimal point. Or, to be more honest about it, if they care more about the benefits of the future than they care about the narrative of treating their partner like an opponent.

    In an economy based on connection instead of scarcity, the ease of those connections, the reliability built into them, our confidence that the future will match promises made–all of these benefits dwarf the narcissistic narrative of the deal maker who simply seeks to win today, at all costs.

    https://seths.blog/2018/08/transactions-without-conflict/

  • How Brexit could create a crisis at the Irish border
  • Talking about your team’s success too much in an interview could cost you the job

    “If it kind of comes out in part of your interview where maybe you were part of a team and you’re really only talking about the accomplishments of the team and not necessarily your individual contributions and what they did, I think that’s something that can hold people back,” Salzer, who is a solutions architect at Amazon Web Services, told Business Insider.

    Instead, make it clear that you were a key contributor to your company. Emphasizing your individual accomplishments in a team is a key way to sway hiring managers.

    https://www.businessinsider.com/interview-tips-amazon-jobs-2018-8

  • We need to talk about organizational change management

    We know, for example, that 70 percent of change programs fail to achieve their goals, largely due to employee resistance and lack of management support. We also know that when people are truly invested in change it is 30 percent more likely to stick. While companies have been obsessing about how to use digital to improve their customer-facing businesses, the application of digital tools to promote and accelerate internal change has received far less scrutiny. However, applying new digital tools can make change more meaningful—and durable—both for the individuals who are experiencing it and for those who are implementing it.

    https://diginomica.com/2018/08/16/we-need-to-talk-about-organizational-change-management/

Photo by Josh Blanton on Unsplash

News You Can Use: 7/26/2017

  • Why Is Brexit So Expensive?

    The European Commission, the EU’s executive arm, says the financial settlement will be “based on the principle that the United Kingdom must honor its share of the financing of all obligations undertaken while it was a member of the Union.” As a member of the EU, the U.K. is responsible for approximately 15 percent of the 28-member bloc’s common budget. Since the EU budget is determined every seven years (the current one spans until 2020), European lawmakers want the British government to honor the financial commitments it made when the budget was agreed upon in 2013. These obligations include EU-wide investment projects, pension promises to EU officials, and other liabilities. If it agrees, the U.K. would effectively be paying into the EU budget a year beyond its projected exit date: March 2019.

    https://www.theatlantic.com/international/archive/2017/07/why-is-brexit-so-expensive/534063/?utm_source=feed

  • The Top Stressor for Workers Is Not What You Think

    Polling more than 10,000 men and women in the technology industry, job website Comparably uncovered the top stressors for people at work. Above having a long commute, difficult co-workers, a bad manager or long hours, the majority of workers said “unclear goals” was the most stressful aspect of their careers. In fact, 42 percent of workers admitted to being stressed by this goal ambiguity, with “commute” and “bad manager” tying for second, each with 16 percent of the votes. And it looks like the last thing people are worried about are long hours (12 percent), after having difficult co-workers (14 percent).

    https://www.entrepreneur.com/article/297492

  • Which Jobs Will Machines Take Over? Movie Critics, Doctors, Truckers…
  • FCC admits it didn’t document alleged cyberattack

    The Federal Communications Commission now claims to have no data on a DDoS attack that took down its website in May, just months after stating it had “gigabytes” of documentation on the incident. The supposed attack followed talk show host John Oliver redirecting viewers to the FCC’s comment section, where he encouraged them to complain about the organization’s stance on net neutrality. With over 9 million comments reportedly left on the site, the FCC quickly responded, stating that it couldn’t accept more feedback, because it was incapacitated by an alleged DDoS attack.

    Now, after a freedom of information request filed by Gizmodo attempted to reveal more about the ‘attack,’ the FCC is claiming that its previous thorough analysis on the incident “did not result in written documentation.”

    https://www.engadget.com/2017/07/20/the-fcc-admits-it-didn-t-file-a-report-on-its-own-ddos-attack/

  • I’ve Been A Manager For Over 10 Years. These Are The Biggest Lessons I’ve Learned

    It can be hard to get strong personalities to align with decisions with which they don’t entirely agree. But having every team member opt in and back a decision is key. It’s on you, as the manager, to create a scenario where everyone can get on the same wavelength before you move forward with a plan. It all comes down to communicating in a way that makes it easier for others to say yes, even if you think you don’t have the time. Putting in this effort up front will pay off in the end, and the trust you build will carry on into the next decision, and the next, and the next.

    https://www.fastcompany.com/40441456/ive-been-a-manager-for-over-ten-years-these-are-the-biggest-lessons-ive-learned

Photo: Shopify

News You Can Use: 7/27/2016

sn_goldengate_Denys Nevozhai

  • What might Brexit mean for procurement?

    For example, if the UK followed the Norway model it would be a member of the European Economic Area (EEA) and remain bound by the EU procurement directives. By contrast, if the UK adopted something like the Swiss model of bilateral agreements with the EU (see here for more on the different models) then the EU procurement directives would not apply. However, the UK would very likely have an obligation under those bilateral agreements to put in place a similar regime.

    http://www.lexology.com/library/detail.aspx?g=d035f483-bccb-46dd-ae53-8858d4e8b222

  • How To Hold A Productive Meeting In Seven Minutes Or Less

    There’s no sitting down during these meetings; everyone stands up because it forces people to move and think a little faster, without the luxury of getting too comfortable. The best time of day to run these meetings is around 11:00 a.m. or 2:00 p.m., because this is when energy levels start to ebb. Part of your goal with a daily huddle is to boost those energy levels. You may even choose to run one from 10:55 a.m. to 11:02 a.m. and again from 1:55 p.m. to 2:02 p.m.

    Also:

    But there’s a formula that helps keep things brief and to the point. Every update is done the same way, and each business area answers the same questions:

    • What are you working on?
    • What were you working on last week?
    • What are you stuck on?
    • Is there anybody that you’re hiring?

    The next phase involves the team sharing any missing systems and venting their frustrations. This is a time for people to speak up about an area that’s apparently broken or where they’re stuck. Bear in mind, this is not the venue to solve the problem. This is the space for people to address the problems they face.

    http://www.fastcompany.com/3061605/your-most-productive-self/how-to-hold-a-productive-meeting-in-seven-minutes-or-less

  • One Googler’s Insider Guide To Using Google Docs At Work
    I didn’t know Google Docs could do Macros….#hyped

    TURBOCHARGE GOOGLE SHEETS WITH POWERFUL FUNCTIONS AND PIVOT TABLES
    Sheets is way more than just a way to throw a quick table or list together. It has over 340 powerful functions, including dozens that other spreadsheets don’t offer, such as Google Translate, which lets you automatically translate one language to another.

    We’ve also designed Sheets to offer advanced pivot table functionality, including the ability to define custom Calculated Fields. And Docs and Sheets both support custom scripting and advanced API functionality via Apps Script, which is Google’s equivalent of macros. Basically, if your job entails a lot of number crunching, Sheets can handle it.

    http://www.fastcompany.com/3061482/one-googlers-insider-guide-to-using-google-docs-at-work

    Yes.. the video is very wee (“let’s save the world!”), but the upvote question feature is on point.

  • Why this is a great time to be a supply chain professional

    Enterprise software that was traditionally installed, configured, and implemented behind the firewall resulted in a large amount of “shelf ware”. This was partly due to conflicting priorities on IT organizations wherein projects got deprioritized resulting in shelved software, and partly due to software vendors offering incentives towards bulk purchase of these modules which take years of implementation. This resulted in a significant gap between the capabilities vendors introduced to the market and the consumption of the same by the user community.

    However, “pay as you go” SaaS based delivery models are enabling companies to consume software in bite sizes and immediately start deriving value. SaaS delivery model is also easing the pain associated with upgrades. This goes a long way in ensuring user satisfaction. Satisfied users will demand and consume more innovation perpetuating a positive reinforcement cycle. This creates tremendous opportunities for supply chain professionals, especially those who like to explore newer frontiers.

    https://blog.kinaxis.com/2016/07/great-time-supply-chain-professional/

  • Strategically Discussing Strategy

    Strategy isn’t just doing more.
    Often, it means doing less. As Bob Shrum, Presidential campaign guru, once warned me “people in our business have a tendency to complicate common sense.” He was right. We throw in unnecessary processes, services that clients don’t need — all in the name of strategy. Harvard Business School’s Michael Porter said strategy is fundamentally about choices: You can’t be all things to all people.

    https://www.entrepreneur.com/article/278063

Photo: Denys Nevozhai