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19 января, 18:50

Amazon и Dell вошли в рейтинг лучших компаний для удаленной работы – 2018

Американский сайт FlexJobs опубликовал ежегодный список из ста компаний с наибольшим количеством предложений работы на неполный день или полностью удаленной работы за 2017 год

18 января, 00:58

Germany ETF (DAX) Hits a New 52-Week High

Germany ETF hits a new 52-week high on decreasing political uncertainty.

17 января, 21:56

McKinsey and KPMG accused of criminal breaches in South Africa

Corporate registry lodges complaints against groups alongside Germany’s SAP

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17 января, 15:00

Sourdough by Robin Sloan review – infectious zest for life

Magic, science, technology and, above all, baking – this charming tale of hipsters and foodies is set to rise as fast as its bestselling forerunnerLive sourdough starter is more a pet than a cooking ingredient, demanding loving nurture and regular attention. As US author Robin Sloan’s follow-up to his bestselling debut Mr Penumbra’s 24-Hour Bookstore demonstrates, it can also become an obsession. Lois, his young protagonist, works at a tech startup in San Francisco, programming robot arms alongside her mostly male colleagues – “bony and cold-eyed, wraiths in Japanese denim and limited-edition sneakers”. They have no time to eat properly, subsisting on a nutritive gel named Slurry. Lois fails to thrive until a takeaway leaflet for Clement Street Soup and Sourdough flops through the door of the flat she’s hardly ever in. The vegetarian sandwich and spicy broth she orders must be full of friendly bacteria; it quickly clears up her chronic stomach pains.Alas, visa issues mean the brothers behind Soup and Sourdough must abscond; before departing, however, they present their favourite customer with a CD of music beloved of their (fictional) Magz community – women wailing “that life was tragic, but at least there was wine in it” – and a ceramic crock of what they call their “culture”. Though the brothers hastily amend the word “culture” to the more correct “starter”, what they really give her is a corrective to the grey tech world sapping her soul. Continue reading...

17 января, 14:59

What Selloff: US Futures Rebound Sharply, Dow 26,000 Back On Deck

While global shares pulled back in early trading from record highs on Wednesday, U.S. equity index futures are staging another comeback and point to a higher open on Wednesday following a volatile day of trading Tuesday which saw the S&P 500 have its worst reversal in two years. Whether yesterday sharp drop in the S&P was due to fears of a government shutdown, which now appears less likely as another short-term spending bill appears imminent, or due to fears over what Steve Bannon may tell Mueller, it is now largely forgotten, and the S&P was up by 9 points, rising 0.3% from the Tuesday close and retracing much of the day's selloff, once again approaching 2,800 in the cash index. Having retreated at the start of European trading, following declines in a number of Asian markets, Europe's Stoxx 600 index erased its earlier drop and traded little changed, as U.S. futures pointed to stronger open - Dow Jones futures up 0.5% and the 26,000 is once again in sight, with European insurance and tech sectors leading the rebound, while media, banking and telecom sectors retreat. Also out of Europe, we got some final CPI prints: EU Inflation Final MM (Dec) 0.4% vs. Exp. 0.4% (Prev. 0.1%) EU Inflation, Final YY (Dec) 1.4% vs. Exp. 1.4% (Prev. 1.4%) Asian equities stepped back from a record high as the region's resource shares were knocked by falling oil and commodity prices, however, Chinese shares bucked the trend, climbing to a fresh record in Hong Kong.  Australia's ASX 200 (-0.5%) and Japan's Nikkei 225 (-0.3%) were negative as losses in miners continued to weigh on Australia, while risk appetite in Japan remained sapped by the recent JPY strength. Elsewhere, Hang Seng (-0.4%) pulled back from yesterday’s record close and the Shanghai Comp. (+0.6%) bucked the trend after another firm liquidity effort by the PBoC, although a slump in Shenzhen stocks provided some mainland jitters as the ChiNext board for small cap and tech firms fell to its lowest since July after blockchain-related stocks tumbled in the wake of the crypto-chaos. Finally, 10yr JGBs were subdued as prices failed to benefit from a broad risk-averse tone, while today’s Rinban announcement was also uneventful in which the BoJ maintained its purchase amounts in the belly to short-end. The dollar DXY index rebounded from close to a three-year low, bounding away from 90.00 level for third successive day while Treasury yields rose as investors braced for Congressional talks to avert a government shutdown Friday. The loonie weakened a second day before a BOC rate decision due later Wednesday, while EM currencies traded in the red. The euro slipped from a fresh cycle high, yet held comfortably above $1.22 even as ECB officials urged caution over the common currency’s strength. Overnight, a chorus of ECB speakers warned on the euro's growing strength, with Constancio and Nowotny added to Villeroy’s comments yesterday, totaling three ECB speakers warning on EUR moves.  Specifically, Nowotny said Euro exchange rate must be observed, while Constancio said he is worried EUR moves don't reflect fundamentals; says changes to ECB's forward guidance won't be immediate. Overall dollar weakness and growing optimism about the outlook of the European economy in 2018 has lent fresh legs to the euro’s rally after it gained more than 10 percent last year. But the speed of the rise in the opening days of 2018 -- up more than 3 percent in the last two weeks -- has invited some comments from ECB officials this week, highlighting some growing concerns, according to analysts. “The ECB is playing the good cop and the bad cop in terms of their comments over the euro but there is no doubt the currency’s rally has sowed the seeds of uncertainty in the ids of ECB policymakers,” said Viraj Patel, an FX strategist at ING in London. The Canadian dollar traded at C$1.2452 per dollar off its three-month high of C$1.2355 hit on Jan 5. The Bank of Canada is seen as likely to raise its benchmark interest rate by 25 basis points to 1.25 percent later in the day, with analysts expecting three hikes this year. Bitcoin extended its sharp tumble of the past 24 hours, skidding more than seven percent on Wednesday as investors were spooked by fears regulators might clamp down on the digital currency. The price of the world's biggest and best known cryptocurrency fell to as low as $10,567 on the Luxembourg-based Bitstamp exchange. In US Treasuries, the belly and long end of UST curve resume flattening with UST futures close to overnight lows after a large Aussie bond syndication. The UST/Bund spread widened 2.5bps, while a large number of BTP futures blocks sees Italy underperform versus rest of Europe. Crude futures push lower after Brent fails to hold above $70/bbl again, metals steady and the Bitcoin selloff continues if so far supported by the key $10k level. Earnings are expected from Bank of America, Goldman Sachs and Alcoa. Federal Reserve is set to release its Beige Book, and macro data includes industrial production and manufacturing production Market Snapshot S&P 500 futures up 0.37% to 2,793.00 STOXX Europe 600 unchanged to 398.29 VIX MSCI Asia Pacific down 0.09% to 182.66 MSCI Asia Pacific ex Japan down 0.02% to 594.11 Nikkei down 0.4% to 23,868.34 Topix down 0.2% to 1,890.82 Hang Seng Index up 0.3% to 31,983.41 Shanghai Composite up 0.2% to 3,444.67 Sensex up 0.8% to 35,060.64 Australia S&P/ASX 200 down 0.5% to 6,015.81 Kospi down 0.3% to 2,515.43 German 10Y yield fell 1.0 bps to 0.552% Euro down 0.2% to $1.2238 Italian 10Y yield fell 3.1 bps to 1.703% Spanish 10Y yield fell 0.6 bps to 1.496% Brent Futures down 0.3% to $68.96/bbl Gold spot down 0.2% to $1,335.53 U.S. Dollar Index up 0.3% to 90.63 Top Overnight News from Bloomberg U.S. House Freedom Caucus’s Meadows: House doesn’t appear to have enough votes to pass current stopgap funding measure without Democratic support Fed’s Kaplan (non-voter): base case is for 3 hikes this year; may need to be more aggressive to keep economy from overheating ECB’s Nowotny: EUR appreciation is not helping; ECB has no exchange rate goal so we must only watch it in terms of economic developments ECB’s Constancio: worried about sudden EUR moves that do not reflect fundamentals; changes to forward guidance will not be immediate Robert Bogucki, who is the former head of New York foreign- exchange trading at Barclays Plc’s investment bank was charged for his alleged role in defrauding a client with a front-running scheme, the U.S. Justice Department said Recent euro appreciation “is not helping,” ECB Governing Council member Ewald Nowotny tells reporters Dallas Fed President Kaplan said he expects three rate increases this year, according to interview with WSJ Euro zone Dec. F CPI unrevised y/y at 1.4%; Core CPI unrevised 0.9%   Asia’s major stock markets traded mostly negative following a weak performance in the US, where the main indices reversed from record levels on political concerns including the looming government shutdown deadline and reports that former Trump strategist Steve Bannon was subpoenaed by Special Counsel Mueller. Furthermore, some also suggested profit taking in overbought conditions after both the S&P 500 and DJIA notched historical feats at the open in which they briefly rose above the 2800 and 26000 levels respectively for the 1st time ever. ASX 200 (-0.5%) and Nikkei 225 (-0.3%) were negative as losses in miners continued to weigh on Australia, while risk appetite in Japan remained sapped by the recent JPY strength. Elsewhere, Hang Seng (-0.4%) pulled back from yesterday’s record close and the Shanghai Comp. (+0.6%) bucked the trend after another firm liquidity effort by the PBoC, although a slump in Shenzhen stocks provided some mainland jitters as the ChiNext board for small cap and tech firms fell to its lowest since July after blockchain-related stocks tumbled in the wake of the crypto-chaos. Finally, 10yr JGBs were subdued as prices failed to benefit from a broad risk-averse tone, while today’s Rinban announcement was also  uneventful in which the BoJ maintained its purchase amounts in the belly to short-end. Top Asian News The Ex-Goldman Banker Who Quit to Take Over a Myanmar Empire India Cuts Planned Extra Borrowing to $3.1 Billion; Bonds Climb Philippines’ BPI to Raise up to 50B Pesos in Rights Offer BOJ Could Cut Stimulus Without Sparking Rate Surge, Moody’s Says India Is Said to Mull Selling HPCL at Not More Than 9% Premium Third HNA Unit Halted From Trading, Pending ’Major Matter’ European equity markets are lower, echoing the tone seen in Asia and the US, with Informa (-8.6%) shares propping up the FTSE 100 after reports that the company is in talks to merge with UBM, whose shares are up 12.5%. Burberry (-8.1%) shares are also lower after a disappointing trading update although tech shares outperform, lifted by ASML (+4.6%) after the chipmaker reported better than expected profit. Top European News Juncker: Even if U.K. Leaves, We’d Facilitate Re- Accession Heathrow Plans Sloping Runway to Cut Costs by $3.4 Billion Melrose Makes Firm $10.2 Billion Offer to Acquire GKN   In FX, the ECB have continued to sound the alarm over the strengthening currency with Vice-President Constancio and Austrian Central Bank Governor Nowotny both echoing comments made yesterday by France’s Villeroy. Constancio said he is concerned about sudden movements that do not reflect fundamentals while Nowotny said the strengthening Euro is not helpful. The comments helped EUR/USD to session lows before finding support ahead of 1.2200 before today’s inflation data. Elsewhere, the USD has shown some signs of a recovery with USD/JPY approaching 111.00 and USD/CAD above 1.2450 ahead of the Bank of Canada decision In commodities, WTI and Brent crude futures are both marginally lower in early European trade as markets look ahead to the weekly API inventory data (delayed to today following the MLK holiday). Gold and silver prices have generally tracked movements in the USD. Kuwait oil minister says compliance with production cuts stood at 125% in December; until now there is no plan or intention to exit the supply cut agreement. Niger Delta Avengers state that oil attacks are imminent. Looking at the day ahead, there is the final revisions to the December inflation figures for the Euro area. The ECB’s Nowotny will speak at a conference in Vienna and BOE’s Saunders will also speak in London. In the US, the most significant release of note is the December IP print, while the January NAHB housing market index is also due. Late in the evening we’ll get the Fed’s Beige Book, while the Fed’s Evans and Mester are scheduled to speak shortly after. Bank of America and Goldman Sachs are due to report Q4 earnings. US Event Calendar 7am: U.S. MBA Mortgage Applications, Jan. 12, no est., prior 8.3% 9:15am: U.S. Industrial Production MoM, Dec., est. 0.5%, prior 0.2%; Capacity Utilization, Dec., est. 77.4%, prior 77.1% 9:15am: U.S. Manufacturing (SIC) Production, Dec., est. 0.3%, prior 0.2% 10am: U.S. NAHB Housing Market Index, Jan., est. 72, prior 74 4pm: U.S. Total Net TIC Flows, Nov., no est., prior 151b; Net Long-term TIC Flows, Nov., no est., prior 23.2b Central Banks 10am: Bank of Canada Rate Decision, Jan. 17, est. 1.25%, prior 1% 2pm: U.S. Federal Reserve Releases Beige Book 3pm: U.S. Fed’s Evans and Kaplan Speak on Economy and Monetary Policy 4:30pm: U.S. Fed’s Mester Discusses Monetary Policy Communication   DB's Jim Reid concludes the overnight wrap Talking of US equities, the melt up in the short-term continued at the open yesterday with the main indices cracking through 2,800, 26,000 and 7,300 for the first time and up around 1% at the very early session highs, partly  supported by positive corporate results. However the rest of the day was spent reversing the moves and we closed -0.35%, -0.04% and -0.51% lower for the S&P 500, Dow and Nasdaq. The S&P’s intraday move of 1.41% was the largest seen since early December and the fifth highest change since December 2016. Within the S&P, losses were led by energy and materials stocks, in part as Brent crude oil retreated 1.58% yesterday, after rallying c40% from its recent lows in August. Further, GE’s shares also weakened -2.93% after announcing a $6.2bn charge related to its old portfolio of long term care insurance. Elsewhere, the VIX jumped 14.76% higher to 11.66 – the fourth highest close since mid-September, while Bitcoin dropped c23% yesterday, weighed down by concerns of potential regulatory crackdowns. The crypto currency is partly recovering this morning, but is still down c41% since its recent high of $18,675 back in mid-December. Turning to government bonds, core European 10y bond yields were 2-3bp lower (Gilts -2bp; Bunds -2.5bp), in part following a slightly dovish Reuters report where three unnamed sources noted the “ECB is unlikely to ditch a pledge to keep buying bonds at its meeting next week”. Although Reuters also noted that “any fundamental change to guidance was likely to come later, with the March meeting, when policymakers get updated forecasts….seen as a more likely option”. From where we were a week ago this is still more hawkish. Elsewhere, the UST 10y yields fell 1bp. Staying on the topic of QE, the ECB’s Villeroy noted “we are predictable as to the direction of our policy and the sequencing, but we’re not pre-committed in terms of precise timing”, with the final outcome contingent on the progress on inflation. Further, he added “we did not say anything about what will happen after September, and our monetary policy is not driven by market expectations”. Elsewhere, he noted the recent change in the Euro is a “source of uncertainty which requires monitoring with regard to its possible downward effects on imported prices”. Following on, the Bundesbank’s Weidmann noted the markets expectation that ECB interest rates won’t rise before the middle of 2019 “seems to be grosso modo in line with the current forward guidance of the government council”. On QE, he seems to have softened his stance a little, noting “if the positive development continues, it would be logical not to make substantial purchases beyond those already decided upon”. This morning in Asia, markets have followed the US lead and are trading modestly lower. The Nikkei (-0.27%), Kospi (-0.40%) and Hang Seng (-0.37%) are all lower, with the latter weighed down by energy and discretionary consumer stocks. Turning to other markets performance from yesterday, European bourses were mixed but little changed with the Stoxx (+0.13%) and DAX (+0.35%) up modestly, while the FTSE fell 0.17% weighed down by energy and mining stocks. In contrast to the VIX, the Vstoxx was up only 2.5% to 11.35. However the US only dipped into negative territory after Europe went home. Turning to currencies, the Euro initially weakened on news of a setback to Germany’s coalition talks but strengthened c0.6% post Weidmann’s comments to close broadly flat, along with Sterling. In commodities, precious metals softened slightly (Gold -0.12%; Silver -0.93%) while other base metals were broadly lower (Zinc -0.1%; Copper -1.3%; Aluminium -1.64%). Away from markets, our team in China have published a summary of the 16th dbAccess China Conference which featured 27 speakers presenting their views on China's economy from different perspectives. Some of the key takeaways include: i) China's economic growth will slow in 2018 as policymakers shift focus to growth quality, ii) but GDP will likely be revised up in 2019 as a result of the economic census. This could provide room for lower growth in the next few years while maintaining the goal to double GDP by 2020, iii) monetary policy will remain tight and fiscal policy will tighten. Local governments will face tight constraints on its financing platforms and PPP projects, iv) real  estate market will cool down and smaller real estate developers will face tight financing pressures and v) supply-side reform will continue its momentum in 2018, while SOE reform may gradually gain speed. For more details, please refer to their report. In Germany, there was a setback to its efforts to form the next coalition government. Yesterday, the Berlin branch of the SPD voted against (21-8) the preliminary accord between Ms Merkel’s bloc and the SPD. As a reminder, votes at the SPD’s regional branches are non-binding and the larger branch of North Rhine-Westphalia which accounts for c25% of the votes remains undecided. Nonetheless, it does partly illustrate the division within the party ahead of the crucial vote this Sunday where c600 SPD delegates will be attending. Elsewhere, the caucus chief of Ms Merkel’s CDU party Volker Kauder noted formal coalition talks between the two sides after SPD’s approval can be done fairly quickly, he said “there doesn’t have to be so much to be negotiated that we can’t achieve in two weeks”. In the US, efforts to avoid a partial government shutdown from this Friday are still evolving, with Republican leaders weighing a move to extend the deadline until 16 February with the proposed measure not expected to include the DACA program. The main points of contention include lifting automatic budget caps on government spending, resolving the status of deferred action protections for undocumented immigrants who arrived in the US as children (the DACA program), and funding of the Children’s Health Insurance Program (CHIP). Further, there is also the issue of securing enough votes in the Senate where the Republican may need 9 votes from the Democrats to pass a spending bill. Finally onto Brexit, the BOE’s deputy governor Sam Woods noted that the inclusion of UK based financial services firms in free trade deals with the EU post Brexit “is entirely technically feasible”, with a potential agreement “within a three year period from now”. Elsewhere, the EU side may still be hoping for a reversal of Brexit, with the EU Council President Tusk noting “if the UK government sticks to its decision to leave, Brexit will become a reality…unless there is a change of heart among our British friends” and “….our hearts are still open (to Britain)”, while the EC Chief Juncker said “our door still remains open”. Before we take a look at today’s calendar, we wrap up with other data releases from yesterday. In the US, the January empire manufacturing index was below expectations at 17.7 (vs. 19), with the decline mainly due to an increase in inventories. Notably, the prior reading was upwardly revised by 1.6 and the sixmonth- ahead indices for general business conditions, capex and employment all strengthened this month. In the UK, the December headline CPI was in line at 0.4% mom, but the core CPI was lower than expected at 2.5% yoy (vs. 2.6%) - the first monthly decline since June. Elsewhere, both the December core PPI and RPI was above  market expectations, at 2.5% yoy (vs. 2.3%) and 4.1% yoy (vs. 3.9%) respectively. In Germany and Italy, the final readings for the December inflation were both unrevised at 1.6% yoy and 1% yoy respectively. Looking at the day ahead, there is the final revisions to the December inflation figures for the Euro area. The ECB’s Nowotny will speak at a conference in Vienna and BOE’s Saunders will also speak in London. In the US, the most significant release of note is the December IP print, while the January NAHB housing market index is also due. Late in the evening we’ll get the Fed’s Beige Book, while the Fed’s Evans and Mester are scheduled to speak shortly after. Bank of America and Goldman Sachs are due to report Q4 earnings.        

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16 января, 20:36

Affinity purification mass spectrometry analysis of PD-1 uncovers SAP as a new checkpoint inhibitor [Immunology and Inflammation]

Programmed cell death-1 (PD-1) is an essential inhibitory receptor in T cells. Antibodies targeting PD-1 elicit durable clinical responses in patients with multiple tumor indications. Nevertheless, a significant proportion of patients do not respond to anti–PD-1 treatment, and a better understanding of the signaling pathways downstream of PD-1 could provide...

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16 января, 14:01

В «Сколково» создается уникальная биометрическая система управления рабочим временем

Интегрированная система учета рабочего времени с биометрическим распознаванием лиц разрабатывается двумя резидентами IT кластера Фонда "Сколково": компаниями Вокорд (один из ведущих разработчиков и производителей интеллектуальных систем видеонаблюдения, биометрической идентификации и компьютерного зрения) и timebook (один из ведущих разработчиков систем управления рабочим временем). Система обеспечивает достоверную и точную фиксацию рабочего времени персонала, исключая возможность фальсификаций со стороны недобросовестных сотрудников, и используется для автоматизации табельного учета и управления рабочим временем собственного и внешнего (Outsourcing) персонала заказчиков, расчета размера выплат при почасовой оплате внешним подрядчикам, выявления нарушений трудовой дисциплины. Решение, основанное на платформе от timebook, позволяет вести несколько категорий персонала и сотрудников с различными уровнями доступа: отдельно учитывать штатных сотрудников, персонал на аутсорсинге, мерчандайзеров и промоутеров. Еще одно преимущество уникальной разработки - способность интегрироваться с системами контроля доступа в помещения. Платформа представляет собой полуавтоматическую систему планирования персонала, считыватель со встроенной камерой и ПО автоматизированного расчета табелей рабочего времени с последующей передачей в 1С или SAP. Изображение с камеры передается на облачный сервер, где с помощью алгоритма распознавания лиц Вокорд происходит верификация предъявителя карты с точностью выше 99 процентов: если человек пытается пройти по чужой карте, доступ блокируется и автоматически уведомляется работодатель. Решением уже пользуются крупные торговые сети, среди которых SPAR, М.Видео, АШАН, ЛЕНТА, Гулливер, Байрам и другие. По словам генерального директора компании timebook Павла Конозакова, клиенты уже  убедились, что использование верификации сотрудников по лицу существенно расширяет функциональные возможности систем учета рабочего времени и повышает общий уровень безопасности, особенно в розничной торговле. "Сотрудничество с компанией Вокорд позволяет нам предложить заказчикам лучшее решение в данной области", - подчеркивает Павел Конозаков. В свою очередь, Алексей Кадейшвили, технический директор компании Вокорд, отмечает, что сотрудничество с компанией timebook позволило предложить рынку надежное и полностью готовое к использованию «коробочное» решение, которое легко интегрируется в ERP систему заказчика. "Такие системы востребованы рынком, поскольку дают результат уже на первом этапе – обеспечивают оптимизацию расходов на ФОТ, позволяют точно рассчитывать затраты на внештатных сотрудников и сводят к минимуму риски противоправных действий и злоупотреблений", - считает технический директор Вокорд. Екатерина Рыжкова, проектный менеджер по направлению «Ритейл» IT кластера Фонда «Сколково», комментирует сотрудничество резидентов: «Такая успешная синергия решений резидентов «Сколково» - один из ярких примеров работающей экосистемы Инновационного центра. Совместный продукт компаний уникален, поможет с минимальными затратами провести оптимизацию фонда оплаты труда и навести порядок в управлении персоналом».

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13 января, 13:11

These Are the Surprising Foods You Should Never Refrigerate

Many foods have to be refrigerated. But you might be surprised to discover that plenty of other foods should never go in the fridge.

12 января, 14:00

Is Anyone In Your Company Paying Attention to Strategic Alignment?

Pm images/Getty Images The best performing companies are often the best aligned. But who in your company is paying attention to how well aligned your strategy is with your organization’s purpose and capabilities? In my research and consultancy with companies, I observe that, oftentimes, no individual or group is functionally responsible for overseeing the arrangement of their company from end to end. Multiple different individuals and groups are responsible for different components of the value chain that makes up their company’s design, and they are often not as joined up as they should be. All too often, individual leaders seek — indeed are incentivized — to protect and optimize their own domains, and find themselves locked in energy-sapping internal turf wars, rather than working with peers to align and improve across the entire enterprise. So, who should be responsible for ensuring your company is as strategically aligned as it can be? The answer should not be “the CEO” or “the Chairman” or the equivalent. The job of aligning the modern corporation is too complex to be added on to the slate of someone whose job it is to consider hundreds of other things, no matter how talented or powerful they are. Consider for your own company: Practically, who at the enterprise level in your company is responsible for ensuring it’s as strategically aligned as possible? Is their focus and behavior consistent with this responsibility, or is it merely an addition to their overriding day job? Is it the responsibility of your company’s most senior managers, or should it be a more distributed responsibility? How much and how often is time devoted in your company to revisiting its core organizing principles and discussing how to build capability for tomorrow’s customer, versus focusing on today’s business? How is your company’s leadership making informed decisions about the arrangement of your company as a complex system of many moving and interconnected parts — including organizational capabilities, resources, and management systems — all aimed at fulfilling one overarching purpose? What frameworks and information do your leaders require to ask good questions, have better conversations, and make robust strategic and organizational choices? What capabilities do your enterprise-level leaders require to be effective at aligning your company to ensure it is fit for its purpose? Leaders I’ve worked with who take on the challenge of strategic alignment describe themselves as needing to be “multi-everything” in outlook and ability. Multi-everything in this sense means: multi-level: being capable of enterprise level thinking – from 50,000 feet down; multi-disciplinary: being “T-shaped,” or possessing generalist and specialist knowledge ranging across the business; multi-national: having no geographical or cultural bias in scope or decision making; multi-stakeholder: understanding the company from multiple perspectives and interests and, finally; multi-phased: choosing to think in the near, medium and long-term despite pressure for immediate results. If there are no obvious answers to these questions, then there is a good chance that nobody is paying enough attention to strategic alignment in your company. If that’s the case, you urgently need to address this gap in leadership focus and capability. Achieving sustainable competitive advantage through superior strategic alignment does not happen by accident – it happens by design, or not at all, and it requires a special breed of leadership, which I call enterprise leadership.   What Do Enterprise Leaders Do? Unlike mainstream ideas about personal leadership, which at their core are concerned with mobilizing people, enterprise leadership is concerned with mobilizing the resources of an entire company as a system of many moving and interconnected parts, of which people (or “human resources”) are just one element, and not even necessarily the most important for developing strategically important organizational capabilities. Enterprise leaders are not people leaders in the traditional sense; they are the system architects of their company’s long-term success. The purpose of enterprise leadership is to make strategic interventions to ensure the most important components of the company’s fundamental design align seamlessly. These components include the company’s business strategy (how the company is trying to win at fulfilling its long-term purpose), its organizational capabilities (what it needs to be good at to win), its resources (what makes it good enough to win, including its structures, cultures, people and processes) and its management systems (what delivers the day to day performance it needs to win). These critical components form a value chain through which companies perform their long-term purpose, more or less well. The value chain is only as strong as its weakest link. Principally, enterprise leaders are responsible for: Envisioning: Crafting a robust vision of what strategic alignment looks like at their company, and communicating that vision in a meaningful way to others, including investors, staff, business partners and customers. The vision outlines the essential principles that will guide the company’s detailed strategic planning, organizational design, operational priorities, and performance goals. Designing: Following those principles, enterprise leaders should carefully design each component of the company’s value chain to be highly complementary of each other, and supportive of the firm’s long-term purpose. Tweaks to the organization’s design may happen only episodically, but the leader’s concern with strategic alignment should be constant. The design and management of the company as a complex and adaptive system of many moving and interdependent components should be revisited regularly, based upon robust diagnosis, to ensure it remains fit for purpose despite changes in the external environment. The challenge is there is no one-size-fits-all choice of business strategy or related organizational design that results in superior strategic alignment. Organizational structures and cultures, for example, should be as distinctive as the strategies they support and make possible, which in turn depend upon the organization’s long-term purpose. For instance, to become more innovative, many companies are attempting to redesign themselves as agile, highly connected and open networks of teams and partners in which knowledge is highly dispersed. The cost to this is that network-based organizations are complex to manage and hard to control. For product-centric companies, where cost management is the strategic priority, the relatively simple, stable and closed-system hierarchy characteristic of “bureaucratic” thinking remains in principle the best organizational design. Who Are the Enterprise Leaders? The enterprise leadership role often falls to senior executives by default. In some companies embracing network-based working structures, the responsibility is also the domain of dedicated design teams. No one approach to enterprise leadership is better than the other. Japanese multinational, Ricoh, for example, has invested in building a highly networked internal design function within its 105,000 strong workforce operating across 200 countries, referred to as the Future Business Development Center. Its purpose is to operate at the enterprise-level and lead positive business transformation across all business lines and geographies in line with the long-term group strategy and future customer requirements. Built to harness rigorous design thinking capability, the diverse team consists of technologists, advisors, analysts and researchers—not simply career managers. The thinking is that to achieve superior strategic alignment in the face of increased business complexity requires harnessing the collective intelligence and energies of a purposeful team of enterprise leaders across the organization, and their extended internal and external support networks. Regardless of for whom it is a responsibility, enterprise leadership is essential to designing and managing ever more complex companies as highly capable systems, fit to meet the demands of customers and resist the disruptive maneuvering of competitors. Without it, the risk is that companies flip-flop between different strategies and unconnected organizational designs in endless rounds of reorganization or, conversely, mistakenly maintain the status quo and fall behind competitors in the rapidly changing marketplace. The best companies are the best aligned, but only when led by design.

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12 января, 01:12

SAP Expands Global Partner Network to Drive IoT Business

SAP (SAP) adds 18 strategic partners to facilitate the adoption of Internet of Things (IoT) technology for businesses to a larger extent.

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10 января, 16:23

SAP's Upgrade2Success to Aid Transition from HR to the Cloud

SAP (SAP) announces Upgrade2Success to help on-premise customers in transition from SAP ERP Human Capital Management solutions to the cloud.

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10 января, 11:38

Оптимизация печати и защита данных в uniFLOW и Therefore

Ранее здесь, на Geektimes, мы уже рассказывали про Therefore и давали обзор возможностей этого корпоративного решения. Сегодня мы к нему вернемся в связке с другой нашей разработкой – uniFLOW. Обе платформы призваны упорядочить процесс печати, повысить удобство документооборота и обеспечить безопасность данных, передаваемых на печать. Однако каждая из них делает акценты на разных задачах, позволяя пользователю выбирать именно ту, которая больше подходит под его запросы. В процессе разработки мы руководствовались решением основных проблем бизнеса независимо от его масштаба. Их условно можно разбить на несколько групп: проблемы связанные непосредственно с печатью проблемы сканирования, обработки и хранения данных проблемы защиты данных возможность масштабирования с ростом потребностей интеграция с другими средами и ПО возможность работы с мобильными гаджетами. Рассмотрим, как это реализуется в uniFLOW и в Therefore. Читать дальше →

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04 января, 19:18

Гендиректор российского SAP покинул компанию после 12 лет работы

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Исполняющим обязанности гендиректора назначена исполнительный директор SAP Наталья Парменова.

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04 января, 19:18

Гендиректор российского SAP покинул компанию после 12 лет работы

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Исполняющим обязанности гендиректора назначена исполнительный директор SAP Наталья Парменова.

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04 января, 19:18

Гендиректор российского SAP покинул компанию после 12 лет работы

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Исполняющим обязанности гендиректора назначена исполнительный директор SAP Наталья Парменова.

21 декабря 2017, 11:34

Робот-хакер. Как применять искусственный интеллект в кибербезопасности

Потери российских компаний от кибератак в 2017 году оцениваются в 116 млрд рублей. Искусственный интеллект помогает защищать данные, но он может использоваться и злоумышленниками

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21 декабря 2017, 11:10

Альфа-Банк перевел процесс формирования налоговой отчетности на платформу SAP

Альфа-Банк, SAP СНГ и MОLGA Consulting завершили проект по реинжинирингу процессов подготовки и консолидации данных для формирования налоговой отчетности по НДФЛ на платформе SAP BW.

21 декабря 2017, 01:15

A Eulogy for the Alt-Weekly

American cities will be duller, sadder places when these plucky, fearless papers finally die.

20 декабря 2017, 18:00

Rhik Samadder’s tasty food quiz of 2017

What masterpiece did the man behind the Cronut unveil this year? What did Nigella Lawson call the ‘new matcha’? And which EastEnders star is cooking up Neat Gin?It has been a good year for veganism, perhaps the fastest growing lifestyle trend and very much this year’s carrying a dog in a little bag. But what is aquafaba, AKA the chief ingredient in vegan meringue?Chickpea water.Cashew pulp.Coconut sap.Mark Ruffalo’s tears.Decadently particular restaurants and diets are still in vogue. Which of these wacky menu and venue combinations isn’t real?The exclusively champagne-and-hotdogs menu, sold out of a van in Fitzrovia.The exclusively cheesy beans menu, with optional ham, from the baked bean cafe in Selfridges.The exclusively green food menu, served in watermelon sharing bowls, backstage at Glastonbury.Exclusively Marmite-based dishes from a password-protected secret menu at Bill’s.Baffling corporate news landed in October, as McDonald’s changed its registered business name in China to what?Golden Arches China Co Ltd. Happy Man Not to Fool You plc.Big Mac Kingdom Group.Uncle Loves the Cow Holdings.Neat Gin, a boutique alcohol being launched just in time for Christmas, is distilled by which botanically passionate EastEnders actor?Dean Gaffney.Adam Woodyatt.Pam St Clement.Danny Dyer.There was social media uproar in July when US website eater.com described which confusing and horrendous-sounding dish as “a quintessential British classic”?Mince on toast.Cucumber pockets.Spam crackling.Pickled patriots.Following Kim Kardashian’s Instagram post of the product, Asda is now selling cartons of long-life milk bottled from which mammal?Khloé Kardashian.Capybara (Kapybara).Camel (Kamel).Chimpanzee (Khimpanzee).Evergreen, annoyingly themed farming soap The Archers was bang on trend again. A headline-grabbing storyline saw Tom Archer attempt to build an empire around which massive 2017 drink?Campari.Craft beer.Kefir.Cold-brew coffee.Our appetite for avocados led to ludicrous headlines. Which of the following superfruit-related stories is made up?The reported rise in vigilante orchardists after a wave of avocado rustling in New Zealand.Tesco’s plan to flog reject, undersize avocados in six packs, marketed as the eggs of Godzilla.Millionaires accusing millennials of being unable to afford houses because they eat too much avocado on toast.The animal rights advocates who mistakenly protested the launch of a Balenciaga avocado-skin clutch bag.Time to chuck out your excess matcha! But which uncommon ingredient did saucepot oracle Nigella Lawson describe as “the new matcha”?Turmeric powder.Ethiopian teff.Pandan leaf. Pomegranate molasses.People went pointlessly crazy for charcoal-infused food, which possesses no nutritional or health benefits, but looks awesome on the ’gram. Which of the following was not a destination dish of 2017?Activated charcoal chai, as seen on Goop.Goth ice-cream, originated at Little Damage.Potato, asparagus and coal at Tom Sellers’ Story.Chicken McBriquettes by McDonald’s.What is a KFC “double down” burger?An off-menu “Daddy Burger” containing a hash brown and bacon, plus an entire mini-fillet burger.A fillet burger, fried with an unplucked layer of down feathers attached, for extra soft mouthfeel.A bacon and cheese BBQ sauce sandwich, but with all bread elements replaced by fried chicken. Two Zinger tower burgers, pancake-stacked and sold at 50% discount if eaten in under two minutes.Frankensteinian baker Dominique Ansel, the man behind the Cronut, unveiled another conceptual masterpiece this year. What was it?An outsized truffle that exactly resembles a coconut, made only from cocoa and nuts, filled with sweet rice milk.The Battenberger: a chequered illusion cake, styled as a hamburger, with marzipan cheese slice and apricot jam ketchup.A chocolate, green sorbet and poppy-seed bar, the cross section of which matches that of a kiwi, including fuzzy skin. A cheeky twist on cheese twists, the twist being that they are straight. 12 and above.Congratulations! You’re the special of the day, you nose-to-tail know-it-all.11 and above.Congratulations! You’re the special of the day, you nose-to-tail know-it-all.10 and above.Not bad! You are an activated charcoal chancer, impressive if ultimately useless.9 and above.Not bad! You are an activated charcoal chancer, impressive if ultimately useless.8 and above.Not bad! You are an activated charcoal chancer, impressive if ultimately useless.7 and above.A bit of a flexitarian score, neither one thing nor the other. Try harder!6 and above.A bit of a flexitarian score, neither one thing nor the other. Try harder!5 and above.A bit of a flexitarian score, neither one thing nor the other. Try harder!4 and above.Ah well. Food is just fuel, isn’t it? Enjoy your mince on toast.3 and above.Ah well. Food is just fuel, isn’t it? Enjoy your mince on toast.2 and above.Ah well. Food is just fuel, isn’t it? Enjoy your mince on toast.0 and above.Ah well. Food is just fuel, isn’t it? Enjoy your mince on toast.1 and above.Ah well. Food is just fuel, isn’t it? Enjoy your mince on toast. Continue reading...

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19 декабря 2017, 18:13

SAP Adds to Its Integrated Business Planning Capabilities

SAP (SAP) extends the SAP Integrated Business Planning for sales and operations planning, inventory and supply optimization as well as demand sensing and forecasting.