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“When one burns one’s bridges, what a very nice fire it makes.”

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Stanford Businesss Newsletter

Stanford Business
88f9ed3f-5d52-4f81-a045-1c9f0d5d9d8e.gif
July 5, 2020
Innovation

Beating the Pandemic by Design

Even long-established companies can use startup tactics to stabilize when markets plunge.
Social Change

The New Work-Life Reality Raises Equity and Inclusion Concerns

Beware of letting the COVID-19 crisis exacerbate established biases.
Creativity

“To Be an Artist You Need to Be an Entrepreneur.”

John R. Graham, MBA ’87, focused his passion for music into a profession.
Politics

The Rise of the ‘Liberaltarian’

Tech industry millionaires are moving the Democratic Party to the left on almost every issue except government regulation.
Round-Up

Pulling Back the Curtain on Racial Bias

Stanford GSB experts analyze the breadth of racial discrimination — and how to grow beyond it.
Humor

Make ’Em Laugh: The Secret Weapon in Your Communication

In this podcast episode, Professor Jennifer Aaker and Lecturer Naomi Bagdonas dissect how to use humor to build bonds in business and in life.

WORD OF THE DAY

WORD OF THE DAY
Basilisk
BA-sə-lisk
Part of speech: noun
Origin: Greek, 13th century
1

A mythical reptile with a lethal gaze or breath, hatched by a serpent from a cock’s egg.

2

A long, slender, and mainly bright green lizard found in Central America, the male of which has a crest running from the head to the tail. It can swim well, and is able to run on its hind legs across the surface of water.

Examples of Basilisk in a sentence

“As the local folklore told, the cave of treasures was protected by a 10-foot basilisk. ”

“I thought it was a gecko, but the guide informed me that it was a basilisk

WORD OF THE DAY

WORD OF THE DAY
Basilisk
BA-sə-lisk
Part of speech: noun
Origin: Greek, 13th century
1

A mythical reptile with a lethal gaze or breath, hatched by a serpent from a cock’s egg.

2

A long, slender, and mainly bright green lizard found in Central America, the male of which has a crest running from the head to the tail. It can swim well, and is able to run on its hind legs across the surface of water.

Examples of Basilisk in a sentence

“As the local folklore told, the cave of treasures was protected by a 10-foot basilisk. ”

“I thought it was a gecko, but the guide informed me that it was a basilisk

Discoverer Newsletter today

Geiranger, Norway
4:26 read time
Geiranger | @seffis
Santa Claus may not live in Norway, but he probably wishes he did. It’s a land of wild reindeer, blankets of snow, and magic that trickles down every waterfall and wildflower field. One of the most captivating corners in this country can be found nestled at the base of a world-famous fjord. Geiranger makes up for its lack of a metropolitan scene with a dramatic landscape of natural goodies. The land of fairytales and fables, Geiranger is certainly magical, but it’s also a very real adventure into the wild.
Fun Fact:
Geiranger is a village in western Norway, at the head of Geirangerfjord. A fjord is a long, deep inlet of the sea tucked between high cliffs and typically formed by submergence of a glaciated valley.
@emilstrandsupermann
April-May & September-October
If you’re dreaming of a white Christmas, Norway is your place. Geiranger receives a lot of snow in the winter, which transforms the landscape into an icy wonderland. But this weather is not always ideal for travel, and many of the best hikes and views will be closed off. Summer is beautiful but can be incredibly crowded as cruise ships find their way to the fjord. We recommend late spring and early autumn to catch the weather turning and fewer tourists.
#geirangerfjord | @ringnes_photo
Dashing Through The Fjord
Yes, the preferred method of travel during the holiday season is a sleigh, but trust us, a kayak is a good alternative. Get up close and personal with the natural beauty by gliding across the icy glacier water to tour the fjord. Pass through the mist of the Seven Sisters and Lonely Suitor waterfalls, and discover the fables and myths of this magical region.
Trollstigen | @janoliverkoch
Did Someone Say Road Trip?
Hold onto your lunch, Trollstigen road is not for the faint of heart. This serpentine road winds up the mountain through hairpin turns and impossibly steep climbs. This nail-biting “Troll Path” redeems its precarious journey, however, with incredible vistas.
Skageflå, Geirangerfjorden | @kaylapotterbaum
A Pretty Decent Backyard View
It’s one thing to navigate the winding roads and steep terrain of Geirangerfjord as a tourist, but can you imagine living here? Puts your commute in perspective. To truly place yourself in the locals’ shoes, visit one of the mountain farms sprinkled throughout the region. Many have been abandoned, like the popular Skageflå, but they still offer great views and challenging hikes. Our Discoverer Beate also recommends driving to Herdalssetra, a working farm where you can taste fresh goat cheese and interact with all kinds of farm animals.
Ålesund, Norway | @malinmoltu
Bright Lights, Tiny City
Geiranger is a small, quiet mountain town, so if you’re looking for the pulsing beat of a big city, keep looking. While visiting Geiranger, however, you can take a trip to the small, nearby city of Alesund to see a few more faces. Tour the art nouveau architecture and stop into one of the delicious restaurants. With its own stunning viewpoints and adventures, this city should definitely make it onto your itinerary.
@podrozowemojelove
IZA’S DISCOVERY
@podrozowemojelove
“Geiranger is one of the most beautiful places I’ve ever seen in my life. Incredible nature and breathtaking views create unforgettable and scenic landscapes. I still remember my first breath here when I woke up and heard the sound of waterfalls while looking at the shaggy, wooden houses covered with grass and mountains often shrouded in mist. Here you want to breathe, smell the grass and soak up every moment. Here I felt like I was in a fairy tale.”
#geirangersjokolade | @geirangersjokolade
Food with a View
Geiranger is a small town, so restaurant options are a little limited. But the food is almost entirely locally sourced, so you will find fresh ingredients in every meal. The overwhelming favorite in Geiranger is Brasserie Posten, which serves fresh dishes with local ingredients. Be sure to stop by Sjokolade afterward for a delicious chocolate treat.
#allemannsretten | @catharinasorum
Allemannsretten
Norway embraces a policy called “Allemannsretten” or “right to roam” which is basically the greatest thing a backpacker can hear. Allemannsretten allows you to put up a tent or sleep under the stars almost anywhere in the countryside (within certain parameters). No camping permits or expensive campground fees required! You have to follow the rules and be respectful of nature, but most of Geiranger’s surrounding wilderness is open for you and your sleeping bag.
#geiranger | @joeleep
Make A Plan
“Keep in mind that in the winter season some of the roads and ferries are closed in Norway, so plan your route carefully. To check the availability of roads use the Norwegian Public Roads Administration website.” – @marinafilimonova
Cameras out!
“If you want to access the best viewpoint in Geiranger, be prepared for a bit of a hike. Flydalsjuvet is an incredible photo opp, but it will take you off trail a ways through some slippery terrain. The view at the end is definitely worth it.” – @mcktrts
SUBMIT TO UPCOMING DESTINATIONS!

The difference between patina and cruft -Seth Godin Newsletter.

Cruft is obsolete. Cruft is broken, discarded, non-functioning refuse that should be hauled away.

Patina is the wabi-sabi of positive use. A bookshelf of well-worn encyclopedias (now replaced by Wikipedia) has a patina to it. Simply seeing it reminds us of the possibility of discovery.

Patina makes it easier to go forward. Cruft gets in our way.

Today in History

Today in History

By 

Today in History

Today is Monday, July 6, the 188th day of 2020. There are 178 days left in the year.

Today’s Highlight in History:

On July 6, 1942, Anne Frank, her parents and sister entered a “secret annex” in an Amsterdam building where they were later joined by four other people; they hid from Nazi occupiers for two years before being discovered and arrested.

On this date:

In 1777, during the American Revolution, British forces captured Fort Ticonderoga (ty-kahn-dur-OH’-gah).

In 1854, the first official meeting of the Republican Party took place in Jackson, Michigan.

In 1885, French scientist Louis Pasteur tested an anti-rabies vaccine on 9-year-old Joseph Meister, who had been bitten by an infected dog; the boy did not develop rabies.

Ethical Alliance Daily News

Ethical Alliance Daily News

Canada: Canada PM Justin Trudeau faces probe over C$900 million charity contract
Jul 06, 2020 06:00 pm
Canadian Prime Minister Justin Trudeau is facing a probe over his government’s decision to award a contract worth more than C$900 million (S$926 million) to an organisation that he and his family have ties to. The Canada Student Service Grant was awarded to the WE Charity to set up a programme
Read More LinkedIn Twitter

United Kingdom: UK export agency needs more transparency, campaigners say
Jul 06, 2020 05:30 pm
Anti-corruption campaigners have called on the British government’s export finance agency to increase transparency on its anti-corruption measures as it seeks to boost UK trade in the wake of Brexit and the pandemic. In a report due to be published on Monday, the UK campaign group Spotlight on Corruption also
Read More LinkedIn Twitter

Singapore: CAD, MAS probe Singapore firms over Wirecard scandal
Jul 06, 2020 05:00 pm
The Singapore police and the central bank are investigating several local companies in relation to the Wirecard scandal. Citadelle Corporate Services and Senjo Group and its subsidiaries are under suspicion of falsifying accounts and carrying on a trust business without a licence, said the Commercial Affairs Department (CAD) and the
Read More LinkedIn Twitter

India: Health Minister refutes allegations of corruption in ambulance services
Jul 06, 2020 04:30 pm
Deputy Chief Minister and Minister for Health A. Kali Krishna Srinivas has refuted the allegations of large-scale corruption in the ‘108’ and ‘104’ ambulance, and said the State government has in fact reduced the expenditure on the services by ₹185 crore through the reverse tendering process. Addressing the media here
Read More LinkedIn Twitter

Malaysia: Senior federal counsel charged with accepting RM600,000 to fix court case
Jul 06, 2020 04:00 pm
A senior federal counsel was slapped with two counts of bribery at the Sessions Court for receiving RM600,000 to ensure that a person was charged in court for cheating. In the first charge, Lim Cheah Yit, 42, was accused of receiving RM500,000 from Goh Kim Heong on March 8. The
Read More LinkedIn Twitter

Panama: Panamanian ex-presidents banned from travel amid corruption probes
Jul 06, 2020 03:30 pm
Two former presidents of Panama, Ricardo Martinelli and Juan Carlos Varela, have been banned from leaving the country while under investigation for money laundering in separate corruption cases, government authorities said on Thursday. Martinelli, who served from 2009 to 2014, is suspected to have improperly diverted public funds in the
Read More LinkedIn Twitter

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Mixed Nuts courtesy: PNUTs Newsletter.

MIXED NUTS: QUICK TAKES ON WORLD NEWS

China’s Got It Covered: Medical Mercantilism

(China News Service via Getty Images)

  • At the beginning of the COVID-19 outbreak, countries around the world became alarmed at China’s stranglehold on personal protective equipment and began setting up their own factories to produce PPE, for this and future infectious disease outbreaks.
  • In March, French president Emmanuel Macron pledged to produce homegrown masks and respirators by the end of 2020. In the US, the federal government began a push to buy American-made pharmaceuticals and medical supplies.
  • Whether or not these factories will continue operating after the COVID-19 pandemic subsides is anyone’s guess. But it’s likely that once vaccines emerge, demand will plummet and those factories could close. Even if some survive, China has a big head start; it’s laid the groundwork to dominate the market for protective and medical supplies for years to come.
  • Chinese factory owners have several things going for them: cheap land courtesy of the government in Beijing, plentiful loans and subsidies, and hospitals that are told to buy locally, providing China’s suppliers a vast and captive market. China’s companies will have the lowest costs by far, making them best positioned for the next global outbreak. (NYT)
  • China bubonic plague: Inner Mongolia takes precautions after case (BBC)

Overstaying Its Welcome

  • Not everyone who recovers from COVID-19 returns to pre-disease normality. Scientists are just beginning to investigate cases of people who have recovered from the virus, but continue to experience longer-term symptoms such as difficulty concentrating and aching muscles.
  • Facebook and Slack are hosting online support groups with thousands of members who say they have not gotten better. Britain’s health secretary said it was a serious problem for a minority of people with the disease, stating: “Some people have long-term effects that look like a post-viral fatigue syndrome.”
  • Based on preliminary data, a report published in February by the World Health Organization suggested that in mild cases the median recovery time from COVID-19 is roughly two weeks from the onset of symptoms, and in severe or critical cases about three to six weeks. However, some of those who seem to have only a mild illness at first end up wrestling with symptoms, including fatigue, that linger for weeks or months. (Guardian)

Additional World News

COVID-19

NUTS IN AMERICA
Renters Running Out of Time

  • When businesses started shutting down and laying off workers this spring, economists warned an avalanche of evictions would come. The federal government and many states rushed to place bans on evictions and moratoriums on mortgage foreclosures to relieve financial pressure on landlords.
  • Now 20 states, including Texas, Louisiana, Wisconsin and Colorado have removed the restrictions, and eviction bans in nine other states and at the federal level will expire at the end of the month. Researchers have tracked thousands of recent eviction filings in places where the data is available; one firm predicts 28 million households risk being turned out into the streets because of pandemic-related job losses.
  • Especially vulnerable are immigrants, who have little protection even in places with ordinances barring evictions. Many fear complaining to authorities could lead to consequences worse than homelessness. Those that do complain say landlords use all kinds of pressure to make them pay rent money, from harassment and illegal fees for late payments or repairs, to ignoring laws and simply changing locks to force renters out.
  • Landlords argue they are being required to bear the brunt of the financial burden of pandemic job losses. They believe the government should provide vouchers to tenants who cannot pay rent because of it. One property owners’ representative said: “Something is wrong when a private industry is being asked to take on its back what is really a public housing emergency.” (NYT)

The Wall Comes Up Against A Wall

  • Supporters have been helping President Trump meet his campaign promise to build 450 miles of “big, beautiful wall” by the end of 2020. Private fence projects in New Mexico and South Texas have gone up with financial and political help from We Build the Wall, an influential conservative nonprofit that counts former Trump political strategist Steve Bannon as a board member.
  • Tommy Fisher is the builder of these private fence projects. Fisher’s success and the $1.3 billion contract in Arizona he won in May — the largest border wall contract ever awarded — came despite repeated questions about his qualifications and work. Unlike a generation of wall builders before him, Fisher claimed to have figured out how to build a structure directly on the banks of the Rio Grande. He has completed a three mile steel fence he calls the “Lamborghini” of border walls and has leveraged it to win even more billions of federal contracts in Arizona.
  • But Fisher’s showcase piece is showing signs of runoff erosion and if not fixed, it could fall into the Rio Grande. According to a number of engineers and hydrologists who reviewed photos of the wall, it should never have been built so close to the river. Last December, Representative Bennie Thompson (D-Miss.) called for the Pentagon’s inspector general to review Fisher’s first $400 million fence contract when it was awarded despite concerns of “inappropriate influence.” The audit is ongoing.
  • US Representative Joaquín Castro (D-Texas) called the privately funded wall an illegal vanity project that jeopardizes the property and safety of Texas landowners. He urged the International Boundary and Water Commission and courts to take the erosion seriously. (ProPublica)

Additional USA News

LOOSE NUTS: FASCINATING NEWS
Laser Beaming Drones

  • What do the Pentagon, Department of Justice and Department of Homeland Security have in common? They are all concerned with the recent proliferation of precision drone technology. While drones grant the US military a previously unimaginable capacity to safely patrol the skies, it’s not just the “good guys” who possess this modern all-seeing eye.
  • When drones get into the hands of adversaries — foreign or domestic — they pose a novel threat to the same defense agencies who popularized their use. Now, American tech companies are working to create counter strike systems that can locate and destroy drones before they can inflict harm from the sky.
  • Raytheon Technologies is one of such companies, and they have established a system of lasers and microwaves which can take out a swarm of enemy drones in seconds. Using a high-energy laser weapon system, drones are blasted with a movie-like ray of unlimited ammunition, allowing militaries to burn holes into enemy aircrafts.
  • While laser beaming drones sounds like a science fiction defense strategy, microwave technology offers a more nuanced alternative. Rather than delivering pinpoint destruction, high power microwave systems emit strong electromagnetic pulses that can fry a drone’s insides and eliminate an entire fleet of autonomous aircraft.
  • While these advancements in military technology will drastically change the way war is fought in the future, it won’t be long until counter strike technology is disseminated to American adversaries. Expect this dizzying cycle of aerial oneupmanship to continue into the next phase of modern warfare. (Popular Science)

Additional Reads

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4. Global Forgiveness Day – 7th July

This day is celebrated so that we may recognize the importance of forgiveness and how we can practice it in our lives.

Content marketing ideas:    

  • Listicle idea: How you can work up the courage to forgive someone
  • Infographic idea:  Here’s how positive feelings can impact your brain
  • Video idea: How can you teach forgiveness to your children?
  • Podcast idea: Forgiveness in the era of social media justice: How does it work?

Brand campaign that worked:

Surf Excel did a campaign in their “Daag Achche Hain” series of ads. This TVC focuses on inculcating the values of forgiveness in kids.