Twitterings: Quotes, fraud and wealth destruction

Here are some insights and observations shared via Twitter this past week.

Name a “working” institution. Just one. Better yet, define a “working” institution. See the problem? –  @umairh

I think collaboration is the next IT investment of the decade. ~ Sheila Jordan (@CiscoSheila) – via @marciamarcia

Don’t tell your execs you want “Social Media” access, tell them employees will work longer hours on their own time for free. – @techherding

To argue with a person who has renounced the use of reason is like administering medicine to the dead. ~ Thomas Paine – via @snowded

Failure is only useful if we learn from it – by @TimKastelle

  • Failure is only useful if we learn from it: we often talk about the need to fail in innovation, however, there is only value in failure if it helps us learn.
  • Try to fail as cheaply as possible: the main problem with the Edsel isn’t that it failed – it’s that it failed so expensively. There is a hierarchy of failure, and we need to figure out how to fail as early in the process as possible. One way of doing this is through prototyping.

Real scientists never report fraud – by @DanielLemire

But what is critical is that traditional peer review does not protect against fraud. It is merely a check that the work appears superficially correct and interesting. A reviewer who would go out of his way to check whether a paper reports truthful results should not expect accolades. That is not how the game is played.

It’s not change management [it’s adapting to life in perpetual Beta, IMO] – by @JackVinson

Rather than going down some old familiar paths in a discussion about change and change management, he [Dave Gray] suggests that the whole field needs to rethink what it does. Change management as a means to get you from State A to State B becomes much less important when you are already at State Y and seeing new States coming by every other week.

Dave suggests that rather than one “change” to manage it is an entire portfolio of moves that the organization is trying. And it is that portfolio that should be managed.

The Guardian: The 1% are the very best destroyers of wealth the world has ever seen – via @CharlesJennings

What has happened over the past 30 years is the capture of the world’s common treasury by a handful of people, assisted by neoliberal policies which were first imposed on rich nations by Margaret Thatcher and Ronald Reagan. I am now going to bombard you with figures. I’m sorry about that, but these numbers need to be tattooed on our minds. Between 1947 and 1979, productivity in the US rose by 119%, while the income of the bottom fifth of the population rose by 122%. But from 1979 to 2009, productivity rose by 80%, while the income of the bottom fifth fell by 4%. In roughly the same period, the income of the top 1% rose by 270%.

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