Weekend Reading

• This synthetic bio startup raised $52 million to make tumours reveal themselves
• The best books on The Age of Revolution
• Is your differentiation based on outcome or features
• New eCommerce paradigm - look at boxes trucks and bikes
• Why NPS doesn't mean Retention
• Five golden rules for coaching 

Creating Value by Digital Transformation

 Mckinsey writes how Boards can create value via Digital Transformation.

Digital transformations aren’t about being digital; they’re about creating value. That aligns with the board’s most important mandate, and the board can be particularly helpful in assessing value across three vectors: 

• Scale. The typical aspirations of digital transformations often lead to changes at the margins (5–10 percent increases over the previous year). This is fueled by an insufficient understanding of what digital can do. As a rule of thumb, digital initiatives should have the potential to change at least 20 percent of operating profits. Boards can push their CEOs to shoot higher. 
• Source. Technology is often an efficiency conversation about cost savings. But the greater value of tech is in its ability to build value. Recent McKinsey research into cloud economics, for example, has shown that as much as 75 percent of the $1 trillion at stake in cloud will come from business innovation. Directors can make sure that management is exploring ways to tap tech to create new sources of value. 
• Scope. Short-term pressures can overtake any business, especially when the market is volatile. Digital transformations, however, require long-term commitments to reap the full rewards they can deliver. Boards can press their CEOs to make sufficient expenditures for long-term initiative

More here 

Quotes - How to Shape Vision and Leadership

8 catchy quotes to shape your vision of leadership and management by Leslie Petrequin:

1. “Play chess not checkers”. 

2. “How you handle *the bus* says a lot about your management style.” 

3. “How you handle *the bus* says a lot about your management style.” 

4. “The currency of real networking is not greed but generosity.” 

5. “Forget a Mentor, Find a Sponsor.” 

6. “You are the average of the 5 people you spend the most time with ~Jim Rohn”. 

7. “Hire for attitude, train for skills”. 

8. “You can’t find people you are not looking for”. 

More here

Weekend Reading

• Accelerate Your Sales Success
• A Virtuous Cycle of Entrepreneurship
• How Humanity Gave Itself an Extra Life
• The Truth About Mental Models with Shane Parris
• How to Do Hybrid Right

Weekend Reading

 

• Innovations inspired by Nature
• Why smart and hardworking people don't succeed
• Inspiring books to read
• Accelerate your professional services business
• Framework to grow your business

Strategy elements under the hood

 What every strategy design needs to consider and address by Jeroen Kraaijenbrink  

• Value Proposition: What products and services you offer, how you offer them, and what added value they have for the customer. 
• Customers & Needs: The organizations and people you serve and which needs of them you fulfil. 
• Competitors: Others that your customers will compare you to in deciding whether or not to buy your products or services. 
• Resources & Competencies: What you have, what you are good at, and what makes you unique. 
• Partners: Who you work with and who makes your products or services more valuable. 
• Revenue Model: What you receive in return for your offer, from whom, how, and when. 
• Risks & Costs: What financial, social, and other risks and costs your bear and how you manage these. 
• Values & Goals: What you want, where you want to go and what you find important. 
• Organizational Climate: What your culture and structure look like and what is special about them. 
• Trends & Uncertainties: What happens around you that affects your organization and what uncertainties you face.

More on this topic at Forbes