You want to be a Great Leader ? Follow Satya Nadella’s 3 Rules for Extraordinary Success

I am working for MICROSOFT for more than 10 years and must say that the transformation we are living in this company is just amazing and very inspiring.

I am very proud and thankful to be part of this journey initiated by our CEO Satya Nadella.

Microsoft CEO Satya Nadella is one of the most transformative leaders on the planet.

He understands that success doesn’t happen overnight.  Rather, you must think long-term, plant seeds for the future and start reinventing today while building tomorrow.

This means rethinking everything in your business from culture and operations to strategy and talent.

Here are Nadella’s three winning rules for great leadership.

1. Think Day 1.
2. Lead with culture.
3. Act quickly, think slowly.

If you want want to Be a Great Leader? Follow these Satya Nadella’s 3 Rules for Extraordinary Success in this great article from INC.

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[Infographic] What is the Latte Index ?

latte-index-full

Working at Microsoft and covering Latin America, I have many conversations regarding pricing and definitely in these markets where we have devaluation and high volatility of local currency vs. USD.

In that context, I wanted to share this new way of Using the price of a coffee to estimate currency value.

Like any other market, there are many opinions on what a currency ought to be worth relative to others.

With certain currencies, that spectrum of opinions is fairly narrow. As an example, for the world’s most traded currency – the U.S. dollar – the majority of opinions currently fall in a range from the dollar being 2% to 11% overvalued, according to organizations such as the Council of Foreign Relations, the Bank of International Settlements, the OECD, and the IMF.

For other currencies, the spectrum is much wider. The Swiss franc, which some have called the world’s most perplexing currency, has estimates from those same groups ranging from about 13% undervalued to 21% overvalued.

The “Latte Index”, developed by The Wall Street Journal, uses purchasing-power parity (PPP) – comparing the cost of the same good in different countries – to estimate which currencies are overvalued and undervalued.

In this case, the WSJ tracked down the price of a tall Starbucks latte in dozens of cities around the world. These prices are then converted to U.S. dollars and compared to the benchmark price, which is a tall Starbucks latte in New York City (US$3.45).

The Latte Index is mostly for fun, but it’s also broadly in line with predictions made by the experts.

For example, the price of a latte in Toronto, Canada works out to US$2.94, which is about 14.8% under the benchmark NYC price. This suggests that relative to the USD, the Canadian dollar is undervalued. Interestingly, estimates from the aforementioned sources (BIS, OECD, CFR, IMF) have the Canadian dollar at being up to 10% undervalued – which puts the Latte Index not too far off.

If I look at some markets, I am covering, I see that Mexico City works out to US$2.19, which is about 37% under the benchmark NYC price while Sao Paulo is 29% under the NYC benchmark and Buenos Aires is pretty close to NYC [just 5% less].

What are the Top 10 Technology Trends ?

Artificial intelligence, immersive experiences, digital twins, event-thinking and continuous adaptive security create a foundation for the next generation of digital business models and ecosystems.

The continuing digital business evolution exploits new digital models to align more closely the physical and digital worlds for employees, partners and customers,” says David Cearley, vice president and Gartner Fellow, at Gartner 2017 Symposium/ITxpo in Orlando, Florida. “Technology will be embedded in everything in the digital business of the future.”

You can find above top 10 key trends according to Gartner that can be summarized in 3 buckets

  1. Intelligent: How AI is seeping into virtually every technology and with a defined, well-scoped focus can allow more dynamic, flexible and potentially autonomous systems.
  2. Digital: Blending the virtual and real worlds to create an immersive digitally enhanced and connected environment.
  3. Mesh: The connections between an expanding set of people, business, devices, content and services to deliver digital outcomes.

You will find the article of Gartner here.

Animation: Look at the Rapidly Aging Population.

As the population shifts grayer, potential consequences include higher dependency ratios, rising healthcare costs, and shifting economies and cities.

america-aging

Chile and Brazil, in particular, are trending older. Canada is not far behind with an expected median age of 45 in 2060. Interestingly, the United States is anticipated to only hit a median age of 42 by 2060, which is lower than almost all Western countries.

europe-aging

Starting about a decade from now, you can see that some European start hitting a median age of 50 or higher. This includes countries like Spain, Italy, Portugal, and Greece, and then later Germany, Poland, Bosnia, and Croatia.

The UK, France, Ireland, Scandinavia, and former Soviet countries will be younger – but only slightly so. Median ages in these places by 2060 will be in the early to mid-forties.

 

31 cities in China as big in terms of GDP as countries.

31-china-cities-countries

With 1.4 billion people and the third-largest geographical area, the country is a vast place to begin with. Add in explosive economic growth, a market-oriented but Communist government, a longstanding and complex cultural history, and self-inflicted demographic challenges – and understanding China can be even more of a puzzle.

 

Here’s a list of top 10 Cities and the equivalent in GDP for comparable countries.

 

Do you have the Growth Mindset or Fixed Mindset ?


Enterprises cannot innovate as quickly and at the scale necessary to succeed in digital business disrupted markets without a change in mindsets (see “Reframing Your Mindset to Match Digital-Era Reality” ). But leadership thinking and broader culture are notoriously hard to change. A concept called “growth mindset,” described in Carol Dweck’s book “Mindset: The New Psychology of Success,” addresses barriers to change by emphasizing a desire to learn over a reliance on innate and current knowledge.

What are the growing sectors ?

Over recent years, there has been no bigger opportunity for investors than technology.
The FAANG stocks alone have gained over $1 trillion in market capitalization since 2014

While there’s no shortage of hype around tech or battery metals, it is also clear that all of these markets will only grow in importance over time.

In technology, for example, the slower-moving verticals like healthcare, government, finance, and education are only starting to get disrupted. AI alone is expected to have a $15.7 trillion impact by 2030.

Meanwhile, the green revolution is driving the future importance of battery metals like lithium, cobalt, nickel, and graphite. As EV penetration grows, so does lithium-ion battery use – and these metals are all needed to make them work.

Blast Past Tech 11