Two-thirds of all televised Shark Tank deals fall apart

shark tank

Shark Tank

Monday was the first of three open calls for contestants on ABC’s Shark Tank, the investing reality show in which entrepreneurs make live pitches for funding before a panel of angel investors. Shark Tank is entering its sixth season, the show attracts more than 7 million viewers each week, placing it among the 10 most popular adult reality shows on television, even though it airs on sleepy Fridays.

 

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Elon Musk plans to build gigantic solar power super-factory in New York

solar

SolarCity hope to create competitive made-in-the-USA panels.

In addition to Elon Musk’s revolutionary SpaceX and Tesla Motors businesses, he’s trying to revolutionize solar energy, too. Now Musk’s solar company SolarCity wants to build a gigantic solar panel manufacturing plant in New York intended to build enough plans to meet what he hopes will be rapidly rising demand.

 

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Why everyone needs to be a futurist

the future is now

Everyone needs to assume his or her part in understanding what the future may look like.

Today’s organizations are being consistently challenged to focus on meeting short-term objectives, such as quarterly numbers, while fundamentally transforming the way they do business because the economic climate is changing and competition continues to grow.

 

 

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Small and midsized companies struggle with their U.S.-based factories

Factory-flag

More than 80% of companies bringing work back to the U.S. have $200 million or less in sales.

In recent years, some small and midsize companies have brought manufacturing back to the U.S. but they have found it a bumpy road. Shortages of skilled workers are a common problem, as are difficulties navigating complex regulatory systems that govern modern American manufacturing.

 

 

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The largest companies by revenue in every state: Map

revenue map

The map above shows the largest company by revenue in every state in the U.S.  The map drew information from Hoover’s, a Dun & Bradstreet company,  database of company profiles. It was created by Mike Simmons in collaboration with Broadview Networks. The site updates information based on figures available from the most recent fiscal year.

 

 

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The persuasive pressure of peer rankings

peer data

Here’s what you might see on a typical week when users took part in a friendly competition to rank themselves against their friends and colleagues in weekly step counts.

When introducing a new product it is essentially an exercise in persuading people to change their behavior. Many companies try to tackle this challenge by making the functional benefits of the new seem so much more compelling than the old. But this approach rarely works. After all, how many of us as children enjoyed eating our vegetables just because our moms said they were better for us than dessert?

 

 

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Vietnam mobs burn factories in anti-China protest

burned factory

Mobs burned and looted scores of foreign-owned factories.

This is an interesting turn. The one thing that the Chinese government cares about is their image, the China brand. They are super sensitive to criticism and push back, but how can you push back against spontaneous riots in other countries? And this outbreak had a double blow. The rioters attacked Taiwanese factories by mistake. This will tip the Taiwanese against unification with China, which China craves. In the past, the Chinese have rioted against Japanese products, and the Chinese government has used it to their political advantage. Now the situation is reversed. Will the riots spread to more cities and Asian countries? Will China back down to save it’s commercial reputation and foreign investments and markets?

 

 

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The Cloud might be the most disruptive innovation ever

cloud-storage

What makes the cloud so disruptive is that it compels legacy players to change their business models.

In Harvard professor Clayton Christensen’s 1997 management classic The Innovator’s Dilemma, he coined the term disruptive innovation.  The central premise was that a change in technology can completely transform the basic economics of an business.

 

 

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Discover the Hidden Patterns of Tomorrow with Futurist Thomas Frey
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By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.

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