asterisk2a + operating   5

The Growth Trap
[ growing for growth sake! vs growing in a world/area that is not conducive to grow ] When Twitter went public in 2013, its stock soared and its value jumped to $25 billion. Its founders and early investors got rich. But since then, the company has been considered a failure, despite the fact that it boasts 320 million active users, because it's not growing fast enough. Douglas Rushkoff, author of "Throwing Rocks at the Google Bus: How Growth Became the Enemy of Prosperity," talks to Steve Paikin about why he sees the push for more growth as dangerous. // true capitalists (shareholder, crony, greedy) w/o self-regulation or governance extract all the value there is to extract and then leave, dispersing it to the few who already have [...] WE MUST REWRITE THE RULES OF THE GROWTH GAME ITSELF! [...] you want to optimise the economy based on velocity of money (circulation of money), not share price and value extraction [...]
Venture  Capital  Unicorn  shareholder  capitalism  Greed  shareholder  value  profit  maximisation  profit  maximization  Wall  Street  Wall  Street  activists  Yahoo!  Google  Inc.  Alphabet  Inc.  Microsoft  IBM  Intel  Oracle  capitalism  exploitation  Super  Rich  short-termism  short-term  thinking  1%  plutocracy  oligarchy  M&A  economic  growth  growth  round  Mutual  Fund  macroeconomic  policy  secular  stagnation  Private  Equity  MBO  Pivot  IPO  dividends  prosperity  Start-Ups  Start-up  s&p500  pension  scheme  pension  finite  resources  resource  depletion  economic  history  creative  destruction  share  buyback  Apple  capitalism  in  crisis  capitalist  Uber  monopoly  oligopol  oligopoly  antitrust  corruption  western  world  squeezed  middle  class  emerging  middle  class  BRIC  business  cycle  company  book  cost  center  overhead  costcutting  operating  performance  operating  margin  globalisation  globalization  Universal  Basic  Income  artificial  intelligence  AI  augmented  intelligence  Robotics  automation  structural  unemployment  materialism  consumerism  status  anxiety  disenfranchise  disenfranchised  youth  unemployment  post-capitalism  Mobile  Banlieue  deprivation  poverty  trap  poverty  meritocracy  meritocratic  Gini  value  coefficie 
april 2016 by asterisk2a
Jobs threat at medical equipment plants in Ayrshire
A medical equipment firm is consulting its employees on plans to close one of its two Ayrshire factories and move more production work to China.
Guardian, formerly BDF Healthcare, makes products for surgical theatres and employs about 120 people at sites in Girvan and Patna.
Parent group, Berendsen PLC, said a consultation had begun on Tuesday and would run for 30 days.
The firm said redundancies were a possible outcome but not definite.
cost  center  operating  margin  Manufacturing  UK  offshoring  outsourcing  China  competitive  competition  competitiveness  underinvestment  R&D 
march 2016 by asterisk2a
As unicorn startups send customer service gigs to the hinterland, is Silicon Valley exporting its prosperity, or just dead-end jobs?
In the end, only a couple of the San Francisco Lyft staffers decided to go to Nashville. Some scrambled to find new jobs in the company, and the rest got severance and left. Six months later, two people I talked to are still looking for jobs, in a city that boasts a 3.4 percent unemployment rate. “I feel a little burned by this experience,” said one. “There’s just this understanding that if you work for customer service in the tech world you’re not valued. Those are soft skills, and associated with women, they’re not super valued.” [...] With their skills deemed better suited to Nashville, Lyft’s workers can’t help but internalize another message about whether they belong in increasingly Darwinian San Francisco. “It doesn’t make any fucking sense to live in one of the most expensive areas in the country and work in nonprofit development,” one told me.
Another customer service worker I’d talked to from a big software company decided that if she wanted to stick around the Bay Area, it was time to teach herself to code.
Service  Sector  Jobs  low  pay  working  poor  low  income  precarious  work  squeezed  middle  class  job  creation  job  market  job  insecurity  job  security  Silicon  Valley  part-time  Contractor  outsourcing  self-employment  customer  runway  operating  margin  cost  center  cost  of  living  standard  of  living  costcutting  tax  credit  Precariat  precarious  employment  career  ladder  career  advice  IT  Industry  labour  market 
march 2016 by asterisk2a
Inside Dropbox’s Sales Culture — The Information
As a result of his hiring, several former Salesforce executives identified with the old-fashioned approach have been pushed a layer down on the organizational chart, below Mr. Hansen. And the company has sent the signal that in the future, Dropbox will put more emphasis on landing so-called “channel” deals, where partners like Japan’s Softbank and Dell help sell Dropbox for Business. At Microsoft, Mr. Hansen oversaw $6 billion to $9 billion worth of similar deals, a person familiar with the company said. [...] Its success in generating a sustainable profit will determine whether it can go from being a big unicorn to an even more valuable public company.
SAAS  DropBox  Box  Salesforce  Microsoft  SME  SMB  Mittelstand  operation  operations  operating  margin  lock-in  B2B  Silo  Platform  B2C 
august 2015 by asterisk2a
Franchise redux: The professionalization of the sharing economy has deep implications | PandoDaily
But for all Airbnb and Uber’s much deserved “disruptive” acclaim, these businesses have older roots than the hype cycle suggests. According to conventional wisdom, Airbnb and Uber enable “regular individuals” to make a few extra bucks renting out an extra bedroom or giving fellow travelers a ride. They unlock a new class of assets, where fellow consumers share in collaborative consumption. In fact, while these businesses nailed rapidly changing consumer preferences  –  buying services at time of usage, rather than owning assets fits the post-recession, Millennial sensibility of the moment –  the supply side of their businesses does not match the narrative. Supply in these marketplaces is increasingly delivered by entrepreneurial, small business owners, not fellow consumers. Uber and Airbnb are best understood as reimagined franchise operations that leverage mobile data, the social graph, and continuous feedback loops to deliver a better consumer experience.
Airbnb  Millennials  GFC  post-recession  2014  Consumerism  consumerist  zombie  consumer  sharing  is  caring  sharing  economy  marketplace  marketplace  efficiencies  marketplace  inefficiencies  Technology  convenience  disrupting  markets  disruption  franchise  business  Platform  Open  Platform  franchising  redux  service  delivery  mobile  first  digital  natives  adoption  adoption  curve  trends  youthification  unintended  consequences  complexity  unknown  unknowns  self-regulation  regulation  deregulation  vested  interest  interest  groups  operating  performance  Start-Up  Start-Ups  Lean  Start-Up  Silicon  Valley  entrepreneurial  entrepreneurship  feedback  loop  transparency  Models  Social  Media  recovery  productivity  output-gap  underemployed  working  poor  squeezed  middle  class  disposable  income  Debt  Super  Cycle  USA  UK  Europe  consumer 
may 2014 by asterisk2a

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