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Preventing Stale Remote Work Relationships

Early in my career, when I began working for a leading high-tech company in California, I was asked to manage international marketing, and one experience has stuck with me as a key observation about remote working. A colleague was asked to move to our European HQ and to work directly with me in California. This was pre-Internet. We had phones and telex messages on long rolls of paper. My colleague and I discussed our impending new situation, and…

management

Why Generalists Triumph

This week I want to share with you an important book I have just read, the New York Times #1 bestseller, “Range, why generalist triumph in a specialized world,” by David Epstein. Epstein’s main point is that detailed prior training and specialization is far less important than learning a broader way of thinking that draws on multiple disciplines.

e-commerce

Is Facebook Simply Replicating Kenya's Successful M-Pesa Mobile Payment System?

Since Facebook announced its new Libra currency and mobile payments scheme, the global reaction has been very mixed. Libra is not truly a cryptocurrency though it will use blockchain. It will be pegged to a reserve currency, which cryptocurrencies are not.  Libra will “potentially” be governed by an association independent of Facebook, though that association remains non-binding and sketchy at this point. Potential regulatory issues abound around the World, and Facebook is currently not viewed very favorably by many governments.  But most interesting to me, Libra appears to be modeled after Kenya’s M-Pesa mobile payments system, the world’s leading mobile payments system, invented by mobile carrier Safaricom. Then I asked myself if Facebook, knowing that it needs to move away from selling personal data, has seized on Safaricom’s M-Pesa as its new revenue model. 

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