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I invented the web. Here are three things we need to change to save it

It has taken all of us to build the web we have, and now it is up to all of us to build the web we want – for everyone<p>Today marks 28 years since I submitted my original proposal for the worldwide web. I imagined the web as an open platform that would allow everyone, everywhere to share information, …

Personal Data

The Fundamental Differences Between Leadership And Management

Visionary leadership combined with great management achieves the best results. Seems obvious right? Then why do so many companies get it wrong, especially during times of needed change?<p>There are fundamental differences between leadership and management that apply to any team or organization, but …

Leadership

500 Startups just invested in what could be the Philippines’ first unicorn

A modular home designed by David Salle. Photo credit: Revolution Precrafted.Diverting from its overall seed strategy, 500 Startups has made a new …

Startups

Why the Millions We Spend on Employee Engagement Buy Us So Little

Organizations are spending hundreds of millions of dollars on employee engagement programs, yet their scores on engagement surveys remain abysmally low. How is that possible? Because most initiatives amount to an adrenaline shot. A perk is introduced to boost scores, but over time the effect wears …

Employee Engagement

Great Companies Obsess Over Productivity, Not Efficiency

Business leaders often think of “efficiency” and “productivity” as synonyms, two sides of the same coin.<p>When it comes to strategy, however, efficiency and productivity are very different. At a time when so many companies are starved for growth, senior leaders must bring a productivity mindset to …

Management

A Few Unicorns Are No Substitute for a Competitive, Innovative Economy

The world’s unicorns, VC-backed startups worth more than $1 billion, have been getting a lot of press lately. At the moment, Google News lists about 16 million results for Uber and 7 million results for Snapchat. By contrast, there are fewer than 3.5 million stories about Walmart, 2.6 million about …

Innovation

HR’s Vital Role in How Employees Spend Their Time, Talent, and Energy

HR’s value and efficacy is a favorite topic of debate in business. Complaints about HR include things from weak, reactive business partnering to poor talent recruitment and development, from time-wasting processes to incomprehensible communications. I don’t intend to defend HR or provide guidance …

Employee Engagement

The merging of humans and machines is happening now

<b>The merging of machine capability and human consciousness is already happening. Writing exclusively for WIRED, DARPA director Arati Prabhkar outlines</b> …

Superstar Influencers: China's Internet Celebrities At Heart Of Alibaba's Growth

<b>Written by Paul Armstrong and Yue Wang</b><p>Chinese e-commerce giant Alibaba has been defying the country’s economic slowdown by continuing to deliver strong revenue growth. Its secret? Internet celebrities, known as Wang Hong, who make real cash by turning their social media followers into loyal Alibaba …

China

A leaked report shows how much money publishers make from platforms like Facebook, Google, and Snapchat

The report, from premium publisher trade body Digital Content Next (DCN), claims that the (mean) average premium publisher generated $7.7 million in revenue from distributing their content on third-party platforms in the first half of 2016 — equivalent to around 14% of their overall revenues in the …

Digital Advertising

Here's what to expect for this year's Spring Festival hongbao wars

Spring Festival, an annual celebration of the Chinese New Year, is almost upon us. While some traditions haven’t changed much, like family dinners …

BERNSTEIN: China's insane spending on robotics is fundamentally changing capitalism

That may not sound seismic. After all, the industrial revolution happened hundreds of years ago and manufacturing jobs have been the minority of all jobs in the West for decades. But Bernstein is arguing that the nature of capitalism is undergoing a fundamental change.<p>Analysts Michael W. Parker and …

Manufacturing

Execution Is a People Problem, Not a Strategy Problem

Photography by Joe Munroe<p>Paul,* the CEO of Maxreed, a global publishing company, was having trouble sleeping. Publishing is an industry that’s changing even faster than most other fast-changing industries, but Paul wasn’t awake worrying about his strategy. He had a solid plan that took advantage of …

Management

Fortune's Favorite Books of 2016

<i>Fortune</i> staffers picked the best books they read in 2016. Most are business-related, a few are decidedly not. All of them, though, would fit right in …

Books

Most Popular Features and Essays of 2016

We do a lot of how-tos and explainers around here, but sometimes we just need to get a rant off our chest or explain some things from hard-earned …

“Running as the Thinking Person’s Sport”

I’ve almost never run in my life. At 6’4″ I’ve always had the sense that my knees wouldn’t take the pounding. Or I’m lazy. I do like walking, …

Profit Sharing Boosts Employee Productivity and Satisfaction

We all know that people respond to incentives. Economics 101 teaches that workers put forth greater effort when these efforts are rewarded financially, and top talent tends to gravitate toward jobs and firms where rewards are geared to performance.<p>For the most part, however, the research that’s led …

Employee Engagement

Google Makes So Much Money, It Never Had to Worry About Financial Discipline—Until Now

Earlier this year, Astro Teller, a ponytailed scientist and science fiction writer, gave a TED Talk.<p>It was a first for Teller, but not for X, or …

Google Glass

How the Most Emotionally Intelligent CEOs Handle Their Power

Most of the CEOs I’ve met and worked with had years to prepare for their jobs. As they entered middle management, most of them learned that being a good leader is more important than being a good do-er. Many have stories to tell about stumbling along the way, about micromanaging people, about …

Leadership

Digital Leadership Is Not an Optional Part of Being a CEO

Being a CEO is harder than ever. The rapid pace of change in business and technology means that more and more companies will find themselves being disrupted. In fact, our latest research with MIT, in which we interviewed more than 1,000 CEOs (from 131 countries and 27 industries, in organizations …

Innovation

These are the leading credit card processing companies

There are two types of processors in the payment-card system. Front-end processors route transactions from merchants to the cardholder's bank to gain authorization; that is, they make sure a customer has enough available credit or funds to make a purchase. Back-end processors are responsible for a …

FinTech

Founders are always concerned with their level of equity ownership and the potential dilution from a new round, and rightly so. The name of the game …

Are CEOs Overhyped and Overpaid?

How much do CEOs actually matter? Throughout the Western world, and increasingly elsewhere, individual performance is glorified over and above collective team efforts. This is particularly true when it comes to leaders and entrepreneurs. For example, Steve Jobs, Jeff Bezos, and Elon Musk enjoy …

CEOs

Steve Cohen is changing what it means to be a star employee

His family office, Point72 Asset Management, is rolling out a new way of measuring performance that will identify core, necessary skills and rank them on a 6-point scale.<p>"A job is really just a cluster of skills, and now we have a way to talk about that with a lot more precision that informs every …

Inventions

Why Tim Cook is Steve Ballmer

What happens to a company when a visionary CEO is gone? Most often, innovation dies and the company coasts for years on momentum and its brand. Rarely does it regain its former glory.<p>Here’s why.<p>Microsoft entered the 21st century as <i>the</i> dominant software provider for anyone who interacted with a …

Business Strategy

China overtakes the U.S. in iOS App Store revenue

China has now overtaken the U.S. to become the largest market in the world for App Store revenue, according to a new report out this morning from app intelligence firm App Annie. The country earned over $1.7 billion in Q3 2016, which puts it ahead of the U.S. by over 15 percent. The U.S. had been …

Apps

Use Customer Journey Maps to Uncover Innovation Opportunities

<i>This Creativity Challenge and Customer Journey Map are an excerpt from David and Tom Kelley’s book</i> <i>Creative Confidence</i><i>.</i><p><b>CREATIVITY CHALLENGE:</b><p>EMPATHIZE …

Health Care

Mark Zuckerberg, Satya Nadella, and Others Respond to President Obama's Challenges for the Tech Industry | WIRED

Author: Jason Tanz. Jason Tanz national frontiers Business<p>Date of Publication: 10.18.16.<p>Time of Publication: 6:55 am. 6:55 am<p>Hey Silicon Valley: …

4 proven ways to find more meaning in your life

"Meaning in life" is one of those things everybody insists is vitally important — yet nobody tells you what it really is, and directions to get there never seem to come up on Google Maps.<p>I had to take geometry to graduate high school but knowing what a <i>rhombus</i> is has never helped me.<p>Nobody thought …

Happiness

Here's what you get with a $26,000 per year luxury travel membership

But when the 1% travel, the word takes on an entirely new meaning.<p>"Travel is the currency of status; it's far more about the experiences you have as opposed to whether you're driving the latest Rolls Royce or whether your wife has the latest Hermès handbag," said Anthony Lassman, cofounder of …

Luxury Travel