We've all experienced an annoying card decline when traveling. By using the location of your phone to authorize transactions, your bank can virtually eliminate this hassle while drastically reducing the rate of card fraud as well.
The shorter days, falling leaves and crisp chill in the air can only mean one thing—it’s time to create the annual budget. Even in the most enlightened companies, the process is filled with pain and frustration and often seems at odds with the rapidly evolving business environment. In spite of these limitations, it does not seem to change. Let’s face it, it is a juggernaut of pain that only the most hardy can bear.
One of the biggest challenges for today’s companies is the need to continually evolve to keep up with the market. Nothing attests to this need more than the ever-growing list of former industry leaders that have gone down the bankruptcy route in the past couple of years. This list includes such formidable brands as American Airlines, GM, Chrysler, Blockbuster, Borders, Circuit City, and Eastman Kodak.
Finsphere was founded on a simple, yet powerful vision: using your mobile phone as a proxy for your identity. I've been working with Finsphere for the past 6 months, and they've just been granted a ground breaking patent:
"Leadership is the capacity to translate vision into reality."--Warren G. Bennis This past week Drew Wolff and I travelled to Trivandrum and Bangalore, India where we saw two organisations practicing leadership by translating vision into reality.
Our essay on the European debt crisis identifies deleveraging as a core explanation for the current economic challenges in Europe and the US. This paper from McKinsey is an important update on several countries' progress so far.
A Summary of the European Debt Crisis
At CameoWorks, we work with companies that are seeking our advice on global expansion. The current events in Europe dominate the headlines, but it can be hard for executives to get a big picture of what is going on there from reading brief articles in the business press.