Informed i’s Weekly Business Insights

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Extractive summaries and key takeaways from the articles carefully curated from TOP TEN BUSINESS MAGAZINES to promote informed business decision-making | Since 2017 | Week 384 | January 17-23, 2025 | Archive

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Shaping Section

Can the Gulf states become tech superpowers?

The Economist | January 16, 2025

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3 key takeaways from the article

  1. Few middle powers have the towering technological ambitions of the rich Gulf states. As they seek to shift their economies away from fossil fuels, the Emiratis want to lead the world in artificial intelligence (AI) and the Saudis want the kingdom to become home to startups in cutting-edge areas such as robotics.
  2. The rulers are making bets in three areas. One is model-making and applications.  The Gulf’s companies are also beefing up the region’s infrastructure.  Gulf companies are building data centres abroad, too.  A third area is chip manufacturing, which the UAE seems especially keen on.  There are early signs the strategy could come together. 
  3. But a big risk looms over the Gulf’s ambitions: souring relations between America and China. The rulers have leaned heavily on America’s big technology firms for partnerships. At the same time, they have struck plenty of deals with large Chinese firms.  If the Gulf’s rulers want their tech dreams to materialise, they may eventually be forced to pick a side.

Full Article

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Topics:  Middle East, Technology, Artificial Intelligence, USA, China, Data Centers, Oil

Strategy & Business Model Section

Getting fit for growth: The leadership mindsets and behaviors that matter

By Andy West et al., | McKinsey Quarterly | McKinsey & Company | January 13, 2025

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3 key takeaways from the article

  1. For CEOs and top executives everywhere, growing profitably is the ultimate fitness goal. It’s a long-term athletic pursuit that drives significant value. That said, achieving and sustaining growth is tough work. Previous McKinsey research found that only one in ten companies maintained above-GDP growth and remained in the S&P 500 over 30 years.  Growth demands courage, dedication, and discipline.
  2. McKinsey’s new survey research has found that while many leaders believe they’ve adopted and implemented productive mindsets for growth, these attitudes and ambitions don’t always translate into the behaviors and actions necessary to drive growth
  3. Leaders of outperforming companies unlock sustained growth by aligning their behaviors with five critical mindsets: prioritizing growth, acting boldly, maintaining a customer-centric approach, attracting and nurturing talent, and executing with rigor. Growth outperformers—companies exceeding their subsector peers on revenue growth and profitability—do things differently. They set themselves apart by closing the gap between knowing and doing, turning their growth aspirations into reality.

Full Article

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Topics:  Strategy, Growth, Business Model, Mindset, Courage, Ambitions

What People Still Get Wrong About Negotiations

By Max H. Bazerman | Harvard Business Review Magazine | January–February 2025 Issue

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2 key takeaways from the article

  1. Most of the parties in negotiations don’t made wise trades across the various issues – outcome they throw corporate cash in the garbage can and burn it.  The question is: Why?  There are two main reasons. First, many executives mistakenly believe that they’re negotiating over a fixed pie and that gains for one side necessarily mean losses for the other. Second, they focus exclusively on how to claim value for themselves.  The simple genius of value creation in negotiation is that everybody benefits.
  2. Some of the negotiation strategies that can help you become the best value creator possible are:  Before entering into a negotiation, it’s important to think through all the issues that you and your counterpart might care about.  Once you’ve identified a broad list of issues, the next step is to determine their relative importance. Every multi-issue negotiation will require you to make trade-offs, explicitly or implicitly.  No issue should be resolved first.  Further to these Build trust and share information.  Ask questions.  Give away some information. And Make multiple offers simultaneously. 

Full Article

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Topics:  Strategy, Negotiation, Decision-making

Personal Development, Leading & Managing Section

Three Nonnegotiable Leadership Skills for 2025

By Melissa Swift | MIT Sloan Management Review | January 16, 2025

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2 key takeaways from the article

  1. There are many, many terrific lists of leadership skills, and given infinite time, it would be great to review them all. But as we kick off 2025, what are the handful of skills you absolutely must have to navigate a tricky moment in the history of human work? And what does research tell us about how to go build those skills?  
  2. 3 nonnegotiable leadership skills you should prioritize — and how to strengthen them.  Interpersonal fairness – A great place to start is for fairness is understanding relationship justice, task justice, and distributive justice.  Curiosity – to build curiosity, maybe give yourself a break from maintaining an all-knowing facade.  And sense of humor – understanding when to not take yourself so seriously and when to not take situations so seriously.  Give yourself and others permission to find it all a bit absurd.

Full Article

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Topics:  Leadership Skills, Fairness, Curiosity, Humor

The 7 Behaviors Of Highly Unproductive Knowledge Workers

By Mark Settle | Forbes Magazine | January 21, 2025

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2 key takeaways from the article

  1. Although AI technology is expected to revolutionize the productivity of knowledge workers it does little or nothing to address one of the biggest productivity problems in today’s workplace: attention deficit disorder.  
  2. The time savings produced by AI-enabled workflow automation will undoubtedly be valuable but AI technology cannot eliminate and may not even deter productivity losses produced by the following behaviors:  incessant context switching, Pavlovian reactions to co-worker communications, an inability to say ‘no’, prize engagement over execution, screentime addiction, an instinctive tendency to do what is easy versus doing what is hard, and uncontrollable urges to join personal social media channels throughout the work day.

Full Article

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Topics:  Productivity, Managing, Technology, Knowledge Workers

5 Personal Branding Musts for 2025 

By Marli Guzzetta | Inc | January 14, 2025

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3 key takeaways from the article

  1. In this era of endless content, executives have never had more opportunities to establish a personal brand.  And it’s not just beneficial for those leaders — employees and customers alike have come to rely on these executives to inform their perspective on business. But the vastness of messaging possibilities can be overwhelming for busy executives looking to build their personal brands.
  2. Inc. 5000 Community hosted a week of personal branding workshops for all past and present Inc. 5000 honorees. Each session showcased the advice of an industry expert fluent in a particular platform.   The following are a few of the expert insights and practical strategies offered for building and refining a personal brand:  consistent posting — but with varying formats, leading with your storytelling chops, original insights with wide-reaching impact, a signature podcast framework, and selective content pillars.
  3. Whether discussing thought leadership articles, podcasts, or public speaking, everyone stressed a common theme: a strong personal brand isn’t about self-promotion — it’s about sharing value, solving problems, and inspiring action. 

Full Article

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Topics:  Entrepreneurship, Personal Branding, Marketing, Personal Story

Entrepreneurship Section

There Are Three Types of ‘No,’ Says the World’s Leading Door-to-Door Sales Expert. Here’s How to Know Which One You’re Hearing

By Sam Taggart | Edited by Frances Dodds | Entrepreneur | January 17, 2025

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2 key takeaways from the article

  1. Nine times out of 10, if a prospect doesn’t raise a single objection, they aren’t really listening. They’ve checked out, and when you get to the end, they’ll say something like, “Can you leave me some information? I’ll call you if I’m interested.”
  2. As a sales person you should like objections. If you can’t deal with objections, you can’t sell.  Instead, when you hear an objection from a customer, you need to assess what kind of objection it is. This is the key to everything that happens next. That’s because there are three kinds of objections:  A deal-breaker condition, A smoke screen, and A true objection.  A deal-breaker condition is a problem that can’t be resolved or overcome.  A smoke screen can be a little harder to confirm, but the usual tell is that the pushback comes within the first minute of starting your pitch. However, if a prospect gives you enough time to explain what you’re selling and then resists, or repeats a substantial concern over and over, it might be a true objection. These need to be taken seriously and answered in depth.  

Full Article

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Topics:  Marketing & Sales, Selling