Reuven Gorsht

3,281 Flips | 16 Magazines | 66 Likes | 39 Following | 15,734 Followers | @rgorsht | Dot Connector at the intersection of tech, culture and business

Why Great Employees Leave “Great Cultures”

“We have a great culture.” We have all heard it. We have all said it. But what does that mean?<p>Ping-Pong tables, free meals, and beer on tap? No.<p>Yoga, CrossFit classes, and massage chairs? I so need that, but no.<p>The promise of being part of a hip, equity-incentivized, fast growing team? Closer, but …

Employment

What Will the Future of Work Look Like After the Robot Revolution? (Infographic)

By 2033, it's predicted that nearly half the country's jobs will be taken over by robots.<p>2 min read<p>People often fear that a robot will take their job. Unfortunately, that fear might not be so far-fetched.<p>The idea of a robot revolution is becoming more and more realistic. On average, one robot can …

The Future

Amazon has already begun automating its white-collar jobs

Algorithms have usurped Amazon’s retail decision-makers.<p>The e-commerce company once relied on humans to predict demand of certain products, such as anticipating and ordering a glut of the season’s hottest toys ahead of the holiday season. But a report from Bloomberg June 13 shows that the …

eCommerce

I Tried Jeff Bezos's PowerPoint Replacement at My Company--and It Actually Worked

Getting your team literally on the same page increases meeting productivity, keeps everyone engaged and allows for meaningful dialogue.<p>A few months back, a friend whose new boss used to work for Jeff Bezos at Amazon told me that the company actually banned PowerPoint presentations in favor of memos.<p>…

Jeff Bezos

MIT's Mind-Blowing Solutions To the Nine Hardest Startup Problems

Deciding how big you want the company to be and change its strategy, organization, and processes while sustaining the culture.<p>If you aspire to be a successful startup leader, it helps to know how to solve the toughest challenges you'll face.<p>When I was a graduate student at MIT, professors …

Startups

Gen Z Graduates Into A New World Of Work, Here Is Why You Should Care

Generation Z, the leading edge of young people born after 1997, are now 21 years old. Many of them are graduating from college and listening to the well wishes and advice of graduation speakers. After the microphones are silenced and the last diploma is awarded, Gen Z will enter the …

Generation Z

Just three companies have topped the Fortune 500 since 1955

In 1998, IBM was the biggest American tech company by revenue. Now, some 20 years later, it’s not even among the top 30 companies in the Fortune 500.<p>Today, Fortune released its annual Fortune 500, a list of the 500 largest American companies by sales. Together, the Fortune 500 firms represent more …

Why It’s So Hard to Speak Up Against a Toxic Culture

Frustrated by the behavior of some men in their workplace, a group of women working at Nike anonymously surveyed other women colleagues a few months ago about their perceptions of sexual harassment and gender discrimination at the company. The results painted a clear picture of a workplace where …

Sexual Harassment

Walmart just abandoned cashierless checkout, and it reveals a huge challenge in its battle with Amazon

Walmart just killed an app that let shoppers scan and pay for items with their smartphones so they could skip waiting in line at checkout registers, the company confirmed to Business Insider on Tuesday.<p>The decision to drop the app, called Scan & Go, comes just four months after the retailer …

Amazon cuts Whole Foods prices for Prime members in new grocery showdown

(Reuters) - Amazon.com Inc (AMZN.O) and Whole Foods Market are making a surgical strike in the already brutal grocery price war.<p>On Wednesday, Whole Foods debuted a much-anticipated loyalty program that offers special discounts to Prime customers, including 10 percent off hundreds of sale items and …

Whole Foods

Why your strategy needs bold moves, not just bold forecasts | Strategy & Corporate Finance

February 21, 2018 – Mark Twain beautifully summarized the typical problem with bold forecasts when he said, “It ain’t what you don’t know that gets …

A 40-Year Debate Over Corporate Strategy Gets Revived by Elon Musk and Warren Buffett

When Tesla CEO Elon Musk said that “moats are lame” during the company’s earnings call last week, he was calling out Warren Buffett, the chair of Berkshire Hathaway, who uses “moat” to describe barriers to imitation that stave off competition. “If your only defense against invading armies is a …

Google’s new mindblowing AI can negotiate your appointments for you with real people

Google debuted “Duplex” at its I/O developer conference on May 8, an AI system that could make virtual assistants as capable as humans available to anyone.<p>Today’s digital assistants tend to fall down as soon as they depart from their limited scripts. Programs that can understand natural language, …

Google Assistant

Why Most States Are Struggling To Regulate Airbnb

At least 16 states debated bills to regulate the short-term rental industry this year. Only one, Indiana’s, was signed into law.<p>By Elaine S. Povich<p>Jeannette Belliveau lives with her dog and two cats in a 19th century house in the Upper Fells Point section of Baltimore, not far from Johns Hopkins …

To Innovate Like a Startup, Make Decisions Like VCs Do

A lean startup approach, we are told, can empower big companies to innovate rapidly and effectively in the face of continual disruption, potentially even transforming enterprises into centers of continual new growth. Responding to this promise, many companies have started putting these ideas to …

AI and Automation in HR: Impact, Adoption and Future Workforce

Artificial intelligence (AI) has been changing our lives for decades, but today its presence is bigger than ever before. Sometimes, we don’t even …

Creativity Is The Skill Of The Future

When we look at the world we live in today, it is easy to see how the technological advances have completely redefined the way we live and communicate. With the influx of social media apps, we are now able to talk to virtually any person on any corner of the earth. Instagram, as an example, has …

Creativity

How Bad Is the Labor Shortage? Cities Will Pay You to Move There - WSJ

HAMILTON, Ohio—Jobs at the paper mills and safe manufacturers on this stretch of the Great Miami River mostly dried up by the early 2000s, leaving behind closed factories and an abandoned downtown.<p>Today, a spruced-up waterfront, loft apartments and help-wanted signs give the appearance of economic …

Lofts

The Future of Marketing is Personalization, Not Interruption

Imagine a world where our experiences aren’t interrupted by ads and content we really don’t want to see—one in which we’re instead served …

How AI Anxiety Is Creating More Jobs For Humans

Some experts predict a boom in jobs meant to ensure that AI systems keep in step with legal and regulatory obligations, ethical responsibilities, and community standards.<p>You might think of it as the Mark Zuckerberg Full Employment Act.<p>When the Facebook founder and CEO let it be known recently that …

The economics of artificial intelligence

Rotman School of Management professor Ajay Agrawal explains how AI changes the cost of prediction and what this means for business.<p><b>With so many</b> …

Artificial Intelligence

Preparing Learners for the Fourth Industrial Revolution

Do you like change? If you do, then living in the present is an exhilarating experience. For those who don’t, buckle up as we are only going to see …

Amazon made Prime indispensable - here's how

Just weeks before Amazon was set to report earnings results in February 2005, Jeff Bezos asked a group of employees to meet him one Saturday at the boathouse behind his home.<p>Amazon (AMZN) employees had been batting around an idea for a new membership club that would focus on providing expedited …

How Artificial Intelligence is Taking Over the Economy

From self-driving cars to robot-powered factories, artificial intelligence is taking over significant pieces of the global economy. But while this is …

Digital banking startup Revolut raises $250M at a valuation of $1.7B

Revolut, the London-based fintech that offers a digital banking account and sprawling set of other financial services, is disclosing that it has raised a whopping $250 million in Series C funding, less than three years since launching.<p>The new round, which gives the company a $1.7 billion post-money …

Ford to stop selling every car in North America but the Mustang and Focus Active

Ford today announced it will phase out most cars it sells in North America. According to its latest financial release, the auto giant “will transition to two vehicles” — the Mustang and an unannounced vehicle, the Focus Active, being the only traditional cars it sells in the region. Ford sees 90 …

Jeff Bezos Banned PowerPoint in Meetings. His Replacement Is Brilliant

Narrative memos have replaced PowerPoint presentations at Amazon. Here are three reasons why.<p>In his 2018 annual letter, Amazon founder and CEO Jeff Bezos repeated his rule that PowerPoint is banned in executive meetings. What Bezos replaces it with provides even more valuable insight for …

Public Speaking

Huawei’s upcoming AI assistant is a Black Mirror episode in real life

• Huawei is looking to provide emotional interactions through its AI assistant.<br>• The company’s team is inspired by the movie <i>Her</i> and envisions that soon enough, we won’t even need to touch our smartphones to use them.<br>• While Huawei’s vision sounds ambitious and exciting, its plans to essentially replace …

The resume of the future will tell employers who you are, and not just what you’ve done

Resumes are a poor proxy for a human being.<p>Whether on paper or LinkedIn, they may tell an employer about a job seeker’s experience and credentials, but they’re frustratingly silent about almost everything else. They have virtually nothing to say about a candidate’s personality, or their character, …

Employment

Jeff Bezos admits Amazon has 'the weirdest meeting culture you will ever encounter'

If you go to work as an executive at Amazon — no matter what your expertise — you'll be required to become a good writer, and a good reader, in order to lead the meetings necessary to do your job.<p>And Amazon CEO Jeff Bezos admits that this will likely be "weird," he explained during an onstage …