News You Can Use: 11/2/2016

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  • New Comcast data caps spotlight disturbing trend

    Data caps are becoming the norm, and that’s very bad news for consumers, who increasingly choose to stream video instead of paying exorbitant fees for pay TV. No other reason exists to impose such caps than the desire to increase profits. Here’s how Comcast justifies its data caps: “Our data plans are based on a principle of fairness. Those who use more Internet data, pay more. And those who use less Internet data, pay less.”

    Sounds fair … except it isn’t true. Unlike wireless providers, broadband ISPs have capacity to spare, and Comcast admits as much. In a memo leaked last year, Comcast told its sales people that data caps were not related to network congestion.

    http://www.cio.com/article/3128922/internet-service-providers/new-comcast-data-caps-spotlight-disturbing-trend.html

  • How a 100TB hard drive works:
  • How To Tell Your Boss You’re Completely Overwhelmed

    Feeling like you’re personally contributing, connecting with others, leveraging your creativity—or whatever your role means to you—is an anchor for the work you do. It’s why you do what you do. Without personal meaning, you’ll start to wear down from relentlessly throwing yourself into the churn and pulse of things. You can’t sustain this kind of disconnected, meaningless work for very long.

    https://www.fastcompany.com/3064498/work-smart/how-to-tell-your-boss-youre-completely-overwhelmed

  • Are We Solving the Right Problem with Supplier Risk Management?

    An agile supply chain means that you can be reliable even though an increasing number of things are going wrong. You can only do this if you can avoid those things in the first place or recover from them when they happen. Either way, this requires supply chain risk management, not just supplier risk management, and certainly not just supplier viability management via financial statement monitoring.

    http://spendmatters.com/2016/10/10/solving-right-problem-with-supplier-risk-management/
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  • A Tour of WeWork’s New Coworking Space in Philadelphia

    The office space is just minutes away from the Old City District, the home of Independence Hall, the Liberty Bell, and many other historical landmarks. The Market-Frankford Line has a stop on Girard Avenue, a five-minute walk from the office. There’s also a parking lot located diagonally across the street. Attracting a wide range of businesses, this Philadelphia office space is a great option for artists, designers, and other young entrepreneurs, as well as corporations looking for a local base of operations”, says WeWork

    http://www.officelovin.com/2016/10/10/tour-weworks-new-philadelphia-coworking-space/
    Philly getting some co-lo love…

Photo: Chirobocea Nicu

News You Can Use: 8/10/2016

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  • The Scientific Reason Why Coworking May Be The Future Of Work

    It turns out that coworking spaces’ hallmarks—like funky design features—are far less important than their social structures, where workers feel a sense of individual autonomy that’s still linked to a sense of collaboration, the Michigan team told me in interviews. Most coworking spaces, for all their variation, tend to strike that careful balance between those crucial needs—in ways that neither solo freelancing nor the traditional office experience usually provide.

    http://www.fastcompany.com/3061515/the-scientific-reason-why-coworking-may-be-the-future-of-work

  • When You Fix Problems With Mid-Level Managers You Fix Everything

    But when executive leaders take the time to communicate with mid-level managers regularly, performance and satisfaction improve, a 2016 survey of millennials conducted by Gallup suggests. Among those who said their manager holds regular meetings with them, 44 percent said they are engaged, compared with just 20 percent of those who don’t meet with managers regularly.

    The solution is simple — facilitate consistent communication between mid-level and senior managers to keep middle leadership in the loop, consider their ideas, and listen to any problems or concerns they have.

    https://www.entrepreneur.com/article/279058
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  • Most CEOs are planning to kill their companies

    Two thirds of CEOs don’t think their companies can keep up. The actual question focused on the fact that CEOs are focused on innovating through acquisition rather than organically. But the translation is they have no confidence in their organization’s ability to innovate. This is a significant problem for every employee because it implies the CEOs feel a large portion of their firms are unwilling or unable to perform. Acquisitions should be the exception not the rule, yet the opposite appears to be true. Now it is unlikely that 75 percent of firms can’t execute so this is likely a blend of CEOs not understanding what is being done and organizations that are being restricted by policy, culture, or practices (like Forced Ranking, which kills innovation). But it certainly doesn’t bode well for job security.

    http://www.cio.com/article/3096091/leadership-management/most-ceos-are-planning-to-kill-their-companies.html

  • On that note: Top-paid CEOs aren’t very good at their jobs

    The authors, who studied 429 large U.S. companies over a 10-year period, summarized their findings this way: “Has CEO pay reflected long-term stock performance? In a word, no.”

    The report found that average shareholder returns over the decade were 39% higher when a company’s CEO was in the bottom 20% of earners compared to a CEO in the top 20% of earners.

    The trend even holds across sectors.

    Companies where CEOs were paid above the average in their sector “significantly underperformed” companies where chief executives were paid below average, according to the researchers.

    http://money.cnn.com/2016/07/27/investing/ceo-pay-performance-msci/index.html?section=money_topstories

  • Fitbit data has been utilized for various clinical trials

    Fitabase has collected over 2 billion minutes of data from users who actively wear their Fitbit activity trackers to measure sleep, activity and more. Such data has been pulled for studies on spine surgeries like that of the Northwestern Medicine and the University of California San Francisco’s work.

    https://www.engadget.com/2016/07/28/fitbit-data-has-been-utilized-for-various-clinical-trials/

Photo: Charlotte Coneybeer