How Silicon Valley Innovates So Well
An independent study confirms that the businesses of Silicon Valley are some of the most innovative on Earth. They actively create a culture of innovation, which can be replicated anywhere.
What's the Latest Development?
An independent study confirms that Silicon Valley companies are some of the most innovative in the world. Over half of Silicon Valley companies strongly align their innovation strategies with their business strategies, compared to just 14% of other companies surveyed. "In the Bay Area, 90 percent say they have a clear innovation strategy that is strongly supported by their executive leaders." The source of their innovative success stems from their culture of research, talent, investment and openness to new ideas. Luckily, that culture can be emulated.
What's the Big Idea?
The pillars of an innovative corporate culture are (1) anticipating customer needs by observing what product will give them a better experience; (2) having technical leaders report directly to the CEO, creating a more streamlined vision between specialists and company leaders; (3) having a top-down innovation strategy to ensure that innovation and business go hand-in-hand; (4) constantly refresh your development staff to get new ideas and do not be afraid of having high turnover. Silicon Valley companies emphasize this last point twice as often as other companies do.
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Antimicrobial resistance is growing worldwide, rendering many "work horse" medicines ineffective. Without intervention, drug-resistant pathogens could lead to millions of deaths by 2050. Thankfully, companies like Pfizer are taking action.
- Antimicrobial-resistant pathogens are one of the largest threats to global health today.
- As we get older, our immune systems age, increasing our risk of life threatening infections. Without reliable antibiotics, life expectancy could decline for the first time in modern history.
- If antibiotics become ineffective, common infections could result in hospitalization or even death. Life-saving interventions like cancer treatments and organ transplantation would become more difficult, more often resulting in death. Routine procedures would become hard to perform.
- Without intervention, resistant pathogens could result in 10 million annual deaths by 2050.
- By taking a multi-faceted approach—inclusive of adherence to good stewardship, surveillance and responsible manufacturing practices, as well as an emphasis on prevention and treatment—companies like Pfizer are fighting to help curb the spread.
No, the Syrian civil war is not over. But it might be soon. Time for a recap
- The War in Syria has dropped off the radar, but it's not over (yet)
- This 1-minute video shows how the fronts have moved – and stabilised – over the past 22 months
- Watching this video may leave you both better informed, and slightly queasy: does war need a generic rock soundtrack?
Entrepreneur and author Andrew Horn shares his rules for becoming an assured conversationalist.
- To avoid basing action on external validation, you need to find your "authentic voice" and use it.
- Finding your voice requires asking the right questions of yourself.
- There are 3-5 questions that you would generally want to ask people you are talking to.
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