Do you recall the conversation we had when I first talked to you about the newsletter? Do you recall whether you were given choice to opt yourself in to receive this? Or was the question posed in such a way that you had been co-opted to receive it and you had to opt-out to keep this out of your mailbox? What do you think would be ethical?
Enter the world of behavioural economics. Behavioural economics is the study of how psychology affects the economic decision-making processes of individuals and institutions. Four fascinating reads come to you in this edition. Google each one of them. If you are remotely interested in the condition of the world, each piece would grip you.
Ravi Venkatesan, yes, the same man with unlikely career moves, spoke of career ownership and I couldn’t miss a word. The man who went from Cummins to Microsoft to Infosys and then to Bank of Baroda knows a thing or two about careers. And he says,”Don’t get fooled into thinking you have a lifelong career. At any moment, you need to be prepared to be independent and stand on your own two feet. If you prepare yourself for that, I think you are going to have a much better sort of ride along the way. So think about yourself as self-employed.” Good stuff I say.
On the same keel, there was a fascinating piece from the Wall Street Journal. What happens when internal competition to higher positions gets intense? How do you motivate employees when they lose out? How do you keep it attractive and competitive?
There are two pieces from the blog. One on Blockchain explaining the Proof of Stake method. And another that explains two vectors to digital transformation. It reminds me that I need to make more time to sit down and write more.
Image credits Pixabay
By the way, what started as ‘play’ is now 15 editions old. This newsletter started out when a group of friends suggested that I put the random articles I shared with them into one proper form. Whatever their reasons for the suggestions, they are nice people, it has survived 15 editions. Each handcrafted with love and care. Each riding on the support of the previous editions.
That I hope is sufficient nudge for you to share it with people who you think will find this of use.