The Multidisciplinary Approach to Thinking — from fs.blog by Peter Kaufman; with thanks to Robert Ferraro for this resource

Excerpt:

Peter Kaufman is one of the most successful businessmen of our time, and yet few people have ever heard of him. He’s the CEO of Glenair, an aerospace company based in California, and the editor of Poor Charlie’s Almanack, a book about Charlie Munger.

This speech was to the California Polytechnic State University Pomona Economics Club. The transcript and audio are reproduced here with the permission of Peter Kaufman.

As with many “conversational” talks given without notes, it’s better to listen to the audio to pick up on subtleties that won’t come across in the lightly edited transcript.

There is a simple takeaway. Using a true multidisciplinary understanding of things, Peter identifies two often overlooked, parabolic “Big Ideas”: 1) Mirrored Reciprocation (go positive and go first) and 2) Compound Interest (being constant). A great “Life Hack” is to simply combine these two into one basic approach to living your life: “Go positive and go first, and be constant in doing it.”

 

Women in Tech: A Complete Guide — from techguide.org by Vasilia Niles

Excerpt:

This guide is all about how to get more women in tech. First, we will examine why the gender gap in tech fields exists and what we can do about it. And then, we will take a look at the best way to find opportunities for women interested in science, technology, and engineering — including scholarships, internships, and employment opportunities all geared toward the most cutting edge fields.

Closing the gap in tech is important for many reasons. Firstly, women make up 40 percent of the US workforce. With the tech industry being the fastest growing sector and others rapidly shrinking, there will be a disparity between supply and demand for employees if this continues. This is already the case in some tech sectors like cybersecurity.

Secondly, women-led companies and companies with more female employees historically outperform by 3x ones that are male dominant. In fact, in companies where 50 percent or more of executives are women, there are reported higher job satisfaction, better work culture, equal and higher pay, and less female employee turnover. 

 

one hundred best workplaces for innovators -- from fastcompany dot com

one hundred best workplaces for innovators — from fastcompany.com

Excerpt:

In this era of distributed workforces and mass attrition (the so-called Great Resignation), our fourth annual Best Workplaces for Innovators list highlights more than 100 companies that energize employees by rewarding creativity wherever it arises. The venerable toy giant Mattel operates a “virtual garage platform” that allows workers at any level to pitch new concepts, while Maverick Quantum, a Texas-based artificial intelligence platform, goes one step further, soliciting ideas not only from employees but also from their family members. “These innovative organizations have cultures that offer meaningful employee engagement, and a chance to change the world,” says Paul Daugherty, group chief executive of Technology and CTO at Accenture, Fast Company’s research partner on Best Workplaces for Innovators.

One of the articles in this series is at:

Best Workplaces for Innovators 2022: Innovation Team of the Year — from fastcompany.com by Jay Woodruff
A group of Alaska Airlines employees take top honors.

Excerpt:

Whether focused on microscopic computer chips or cement trucks full of concrete, these six teams stood out to Fast Company judges for devising innovative solutions to global problems.

 

Coursera’s Global Skills Report

Excerpt from the Executive Summary:

Here are some of our top findings:

  • Digital skills are the shared language of the modern economy.
  • Women’s participation continued to rise.
  • The developing world had the highest rate of learner growth.
  • Lower levels of internet access mean lower levels of skills proficiency.
  • Courses in human skills had more learners from developed countries, while those in digital skills had more from developing ones.
  • The U.S. held steady in its overall skills proficiency ranking—yet it lost meaningful ground in core technology and data science skills.
  • Europe leads the world in skills proficiency.
  • Proficiency in technology and data science skills varies widely across the Asia-Pacific region.
  • Learners used Coursera to understand the pandemic.
 

Momentum builds behind a way to lower the cost of college: A degree in three years — from hechingerreport.org by Jon Marcus
Skepticism about the cost and duration of a higher education drives a need for speed

Excerpt:

A rare brand-new nonprofit university, NewU has a comparatively low $16,500-a-year price that’s locked in for a student’s entire education and majors with interchangeable requirements so students don’t fall behind if they switch.

But the feature that appears to be really winning over applicants is that NewU will offer bachelor’s degrees in three years instead of the customary four.

“We didn’t think the three-year bachelor’s degree was going to be the biggest draw,” said Stratsi Kulinski, president of the startup college. “But it has been, hands-down. Consumers are definitely ready for something different.”

 

All aboard: Bitcoin’s rise inspires even big banks to staff up on crypto talent — from linkedin.com by George Anders

Excerpt:

That’s according to a new analysis by LinkedIn’s Economic Graph team, which finds that major financial services firms will add more than three times as many staff steeped in digital-asset experience this year than in 2015. That pace jumped 40% in the first half of 2021 alone, compared with the same period last year.

“The opportunities in digital assets are plentiful,” BNY Mellon’s Roman Regelman, the bank’s CEO of asset servicing and head of digital, told LinkedIn News. “We can now attract talent in a very different way.”

Also relevant, see:

  • Wharton’s New Crypto Course to Take Crypto for Tuition Fees — from insidehighered.com by Suzanne Smalley
    Excerpt:
    The Wharton School of the University of Pennsylvania last week announced it would become the first Ivy League school and the first American business school to accept enrollment payments in cryptocurrency via Coinbase. The announcement came alongside news that the prestigious business school also has launched an online certificate program focused on the economics of blockchain and digital assets.
 

8 ways to keep learning and developing new skills while at home — from babbel.com by Alice Austin
Being stuck inside doesn’t have to mean an end to personal development. Here’s how to keep learning new things while staying at home.

Excerpt:

Free Code Camp has been assembling a long list of courses that span multiple disciplines, from Data Science and Business to Personal Development and Art. They’re all Massive Open Online Courses (MOOCs), and they allow you to take university-created online classes through providers such as Coursera or Udacity.

So that class you missed out your first time going to college? Now would be the time to go back and really enjoy it.

There are tons of online tutorials on YouTube and many apps that can help you hone your skills. Yousician is an app that provides video tutorials to learn piano, guitar, bass and ukulele. There are other apps that specialize in one area, like Flowkey for piano, or SingTrue for vocals. Whatever instrument you have lying around, there are definitely resources out there for you to improve your skills.

 

Business implications of AI within tax & accounting — from reuters.com by Yuiko Nakao (Japan)

Excerpt:

With AI promising the greatest transformation in many industries, including tax & accounting, we need to begin asking what the implications of this will be.

Artificial intelligence (AI) continues to promise the greatest level of transformation within many industries, including tax & accounting. “The global AI market was valued at $62.35 billion in 2020, and is expected to expand at a compound annual growth rate of 40.2% between 2021 to 2028,” according to Grand View Research.

 

Developing managers to succeed in the hybrid world of work — from chieflearningofficer.com by Tony Anticole
To manage effectively in a hybrid work environment, managers need the ability to tap into the intrinsic motivators within their teams.

Excerpt:

Two years ago, if someone asked you how performance would be impacted if people started working from home, what would you have said?

This question was explored by Nicholas Bloom years before the COVID-19 pandemic. Across a two-year period, he partnered with a company to study people working from home versus in the office. He found working from home led to a 13 percent boost in performance, which is roughly getting six days of output for five days of work and a decrease in attrition by 50 percent.

Ten years later, the COVID-19 pandemic forced a replication of this study on a global scale and the findings were strikingly similar. Gartner found the percentage of high performers increased as workers’ flexibility increased; 36 percent of employees working regular hours in the office were labeled as high performers, while 55 percent of remote employees with more flexibility were labeled as high performers. That’s the equivalent of transforming an additional one out of five people on your team from an average to high performer.

 

Growth Mindset Leadership & The Pygmalion Effect — from by Trevor Ragan and the Learning Lab; featuring Robert Rosenthal, Christine Rubie-Davies, and Michael Merznich. With thanks to Chris Church, Tenured Professor and prior Associate Dean of Academic Programs at the WMU-Cooley Law School
Our mindsets impact others more than we realize. As leaders, we can use this to improve the learning environment.

Excerpt:

We know that our individual mindsets (growth mindset & fixed mindset) can impact our capacity to grow. But how do our mindsets impact others?

Renowned researcher, Robert Rosenthal outlines his work and shows how our expectations can have a huge impact on the performance and development of the people around us.

Christine Rubie-Davies from the University of Auckland shows us how teacher expectations play a role in student development.

From DSC:
I highly recommend that all professors, teachers and student teachers, trainers — and even those supervising others — check this piece out! Nice work Trevor & Company! Below are some snapshots from this presentation.

The agenda for Trevor Ragan's presentation re: the Pygmalion Effect

 

Whatever you think your limits are...you're wrong.

 

There are many labels that we put on others -- and that has real consequences and ramifications...both positive and negative depending upon the label.

Teachers expectations of someone matters!

 

The Pygmalion Effect -- our labels and expectations can become self-fulfilling prophecies

 

Put the label of learner at the top! We can all grow and learn, even though we aren't all equally gifted in all disciplines.

 

The art of the pivot — from chieflearningofficer.com by Jay Campbell and Doug Glener
Try these four tactics the next time you have to change direction.

Excerpt:

The ”first pancake” metaphor — a test to see if the batter and heat are just right — is an example of framing. The results are informative, but not pretty. Framing an experiment as a first pancake lowers the stress and pressure while simultaneously making the experiment fun and playful. Leaders who successfully frame a situation can shift people’s attitudes about even the most intimidating changes.

Supporting healthier minds through learning and development — from chieflearningofficer.com by Elizabeth Loutfi
L&D teams have helped to alleviate some of the stress and anxieties people are feeling as their organizations grapple with pandemic-related changes and challenges.

Meet the CLO Advisory Board: Bob Mosher — from chieflearningofficer.com by Elizabeth Loutfi
Meet longtime CLO advisory board member Bob Mosher, CEO and chief learning evangelist for APPLY Synergies.

CLO: What lessons did you learn back in 2020 that you’ve taken with you into 2021?
For me, it’s the art of listening. As educators, we’re supposed to have answers and we’re supposed to be the owners of content and the developers of programs. We get help from the business, but we’re very locked in our ways. Understandably so, but all of our ways were thrown out last year. My instinct, and many, was to rush to solution, rush to help. That was fairly humbling for me. It was a year to reflect and sit back and examine my commitment to things over doing the right thing. It taught me that — which L&D should do well anyway, but when you get senior like me and you’ve done it a bunch of times — you guess people’s right answer, or think you can. Because there was no normal and we weren’t making courses like we always used to, it was a year of reflection and listening for me to kind of rekindle that skill.

5 ways to foster a learning culture — from chieflearningofficer.com by Jonathan Finkelstein
By placing importance on growth at all levels of the organization, you can foster a learning culture that serves your people and helps your business grow.

 

The day Jason T. Smith liberated his people from the tyranny of hierarchy to collaborate and grow — from linkedin.com by Jeremy Scrivens

Excerpt:

I have been writing how 2nd stream future of work leaders will create an organisation design where their people don’t get hard wired to obsolete 1st stream job descriptions but are freed up to join collaboration of strengths. They sign up to #We based Charters of Collaboration.

A 2nd stream future of work leader disrupts the prevailing vertical and siloed design of organisations where people are bolted to individual managers. Instead, they join ecosystems of work, where people collaborate to a shared purpose. The configuration of teams is not based on job title or function but on the nature of the projects and the strengths required from the shared one talent pool.

That day, in sharing their stories, every person in the room experienced exceptional thriving because they were treated as equal partners in the work to imagine and co-create the future.

The two streams in the future of work -- reflections by Jeremy Scrivens by comparing first streams with second streams

 

A message about learning from the C-suite — from chieflearningofficer.com by Patricia A. McLagan
Executives are increasingly saying they want to create “learning organizations” and support “lifelong learning.” So, what should executives be saying to their workforce about learning today? Consider this sample letter to employees from the C-suite.

Excerpts:

How are you keeping up your skills and knowledge in our increasingly complex and fast-changing world of work? As today’s pandemic turmoil reminds us, it is hard to predict how the future will evolve. But one thing we do know is that continuous learning will be a key survival meta-skill for all of us — learning that each of us consciously guides every day, moment to moment, alone, in teams, with any resource, anywhere and anytime.

Consider: More than 50 percent of today’s jobs will probably disappear or change radically within 10 years. There are many reasons for this.

Beyond technology, companies like ours need more agility, innovation and self-management from everyone. We used to manage more by job descriptions, and you were best described as a box on the organization chart — probably with little expectation that you could experiment, take risks, and act with discretion and autonomy. But today and into the future, your skills and creative thinking matter more. Your “job” responsibilities shift as you move into and out of teams and as we call on you to support new strategies, customer groups and priorities.

From DSC:
I really appreciated reading this solid article from Patricia McLagan. She captured so many solid points. That said, I was bummed to see the following item included in this article (emphasis DSC):

Of course, our company is committed to supporting your learning and development, to providing formal training and access to learning opportunities for everyone. But even in the best of times, we will only be able to formally support a small part of what you will need and want. This is why I am sending this note to you: to tell you that we care about your learning and development, that we will do our best to support it, but that 95 percent of your learning is in your hands.

Of course, our company is committed to supporting your learning and development, to providing formal training and access to learning opportunities for everyone. But even in the best of times, we will only be able to formally support a small part of what you will need and want. This is why I am sending this note to you: to tell you that we care about your learning and development, that we will do our best to support it, but that 95 percent of your learning is in your hands.

Our company is committed to supporting your learning development — yeh…right…all 5% of it. 
Whoopie. The other 95% of it belongs to you and me. (Which reminds me that words are so easy to say but much harder to truly back up.) And you and I will likely do it on your/our own time. That seems to be more of the reality…the expectation…especially when job cuts are occurring all over the place and the job plates continue to expand for those who survived the cuts.

My experience over my career has been that corporations used to promote and truly support their employees’ professional development. They sent more people to courses and significantly helped many people obtain their MBA’s as well as other relevant master’s degrees and/or certifications/ and/or just to support some professional interests.

For example, I’m forever indebted to one of my formers bosses, Irvin Charles Coleman III. I worked for Irv at Kraft Foods’ HQ’s and he once let me go to a seminar on Photoshop. Though I used Photoshop in my work, it wasn’t in my formal description. That seminar changed many things for me. It supported my growth and learning and it fed my passion for designing and creating content.

I’m sure this kind of thing still occurs, but from what I can tell, it doesn’t happen at nearly the level that it used to. That said, I don’t blame the corporate world for getting bummed out at their employees that they had invested in — only to see those same employees grab the degrees and credentials and leave for greener pastures. Through the years, it seemed like the corporate world backed off from providing such a level of training/professional development.

These days, it seems like the corporations and the businesses out there have the hiring expectation that you will hit the ground running from day one. Learning and development are up to you and me. Nevermind that the way learning is supposed to go is that you:

  • introduce the learning objectives to someone
  • give them the information/content
  • provide the relevant and aligned learning activities that help them truly engage with the content
  • provide aligned formative and summative assessments along the way to ascertain whether they learned the material/concepts or not.

So I’m amazed that corporations are putting recent grads through their own tests on things that many of these students have never actually studied. (Yeh, I can hear the push backs now…and while I agree with some of them, it’s not fair to the students. They just followed what the colleges and universities offered for$100,000-$400,000+).

I could go on, but I need to go do my taxes. Gotta run. I hope to pick this line of thought up later.

 

As an alternative to a full master’s degree, edX and Coursera offer MicroMasters and MasterTrack certificate programs at a fraction of the cost of grad school — from businessinsider.com by Mara Leighton; with thanks to Ray Schroeder for sharing this resource

Excerpt:

  • edX and Coursera both offer cheap or free online graduate courses, many from top universities like MIT, Duke, and the University of Michigan.
  • edX MicroMasters and Coursera MasterTracks are bite-sized portions of master’s degree programs.
  • They can be used to build stand-alone skills to advance your career or as a stepping stone to a full master’s program.
  • We compared MicroMasters and MasterTracks for you here. Overall, the deciding factor will be the program itself. But generally, edX’s offerings are cheaper, have more options, and are more lenient than Coursera’s.
 

Artificial intelligence will go mainstream in 2021 — from manilatimes.net by Noemi Lardizabal-Dado; with thanks to Matthew Lamons for this resource

Excerpt:

In his December 21 Forbes website article, titled “Why Covid Will Make AI Go Mainstream In 2021,” data scientist Ganes Kesari predicts AI will transform 2021 by accelerating pharmaceutical drug discovery beyond Covid-19. He says the face of telecommuting would change, and that AI would transform edge computing and make devices around us truly intelligent.

Artificial Intelligence in 2021: Endless Opportunities and Growth — from analyticsinsight.net by Priya Dialani; with thanks to Matthew Lamons for this resource

Excerpts:

In 2021, the grittiest of organizations will push AI to new boondocks, for example, holographic meetings for telecommunication  and on-demand, personalised manufacturing. They will gamify vital planning, incorporate simulations in the meeting room and move into intelligent edge experiences.

According to Rohan Amin, the Chief Information Officer at Chase, “In 2021, we will see more refined uses of machine learning and artificial intelligence across industries, including financial services. There will be more noteworthy incorporation of AI/ML models and abilities into numerous business operations and processes to drive improved insights and better serve clients.”

From DSC:
I’m a bit more cautious when facing the growth of AI in our world, in our lives, in our society. I see some very positive applications (such as in healthcare and in education), but I’m also concerned about techs involved with facial recognition and other uses of AI that could easily become much more negative and harmful to us in the future.

 
© 2022 | Daniel Christian