An important decision to make 🤔- Planning your next year 🔭- Google vs GDPR, new consent banners ✅- Obama's war vs disinformation 🔨- Travel back in time 🛫
'Confidence is the gift we get after we do the scary thing' - Lynda Field
Episode #59. Hey Sunday reader!
I have been really happy last week after receiving so many ❤️ on the Easter Edition of The Timestamp 🙏
This Sunday, I hope this new selection of topics will raise as much interest as it did last week:
How do you take an important decision?
The secrets about company planning for your next fiscal
Google now moving after getting fined by France’s data watchdog CNIL
Obama’s war against disinformation
About your next holiday 😎.
#1. Important decisions
TLDR From What informs your decision making? Your head, heart or gut?, an article from the Positive Pause newsletter published on LinkedIn on April 22, 2022.
The author of this article is a recruitment coach. She claims that “When you have small decisions to make, use your head. When you have big decisions to make, use your heart."
She recommends you taking a test while making an important decision: ask yourself the same questions while touching your head, then your heart, then your gut.
Your guts are often a good indicator of fear or confidence: 'Confidence is the gift we get after we do the scary thing' - Lynda Field
In a corporate world, decisions are most oftentimes taken on the basis of logic using data (head). "In our day to day life, in our jobs, we should use our heads (and data etc.) but when it comes to more significant life and career decisions, we may well get additional beneficial insights from considering what our heart and gut are telling us too."
#2. W method for corporate planning
TLDR From The secret to a great planning process - Lessons from Airbnb and Eventbrite, an article published in FirstRound Review.
The W planning framework helps teams work on a plan for next year in a 4 leg process:
1. Context: Leadership shares a high-level strategy with Teams
2. Plans: Teams respond with proposed plans
3. Integration: Leadership integrates into a single plan, and shares with Teams
4. Buy-in: Teams make final tweaks, confirm buy-in, and get rolling
Leadership has to share a clear vision with a high level strategy with concrete goals for the period. Leaders are also in charge of setting priorities.
Teams are in charge of developing execution plans to support the strategy defined by the leadership. Teams are also in charge of making a risk analysis of things that might go wrong. Teams will eventually commit to a goal with a given set of resources.
It is essential to provide top - down guidance (context) so that teams can understand their priorities and align action.
Context is "what the company absolutely needs to nail over the next year."
Then identify in the teams the individuals who will own each part of the strategic plan: "Look for people who have context on the work, are reliable, and can think big while delivering results."
#3. Google vs Privacy
TLDR From Google to update cookie consent banner in Europe following fine, an article published on TechCrunch on April 21, 2022.
Google will progressively roll out a new consent banner to its users following a €150m fine they received from the CNIL, France's data watchdog.
It now allows to reject all tracking in 1 click vs the current system where one can either accept all or personnalise consent.
"Following the EU’s General Data Protection Regulation (GDPR), online services have to obtain clear consent from its users before it can process data. In particular, consent must be informed, specific and freely given in order for it to be obtained legally."
But beware of using your google account or a Chrome browser as "If you’re already logged into a Google account, Google doesn’t need to get your consent as your settings are already stored in your profile page. Moreover, if you’re using Google Chrome, chances are your web browser is tied to your Google account if you ever logged into a Google service in the past."
#4. Obama vs Disinformation
TLDR From Obama rallies against disinformation, an article published on The Platformer written by Casey Newton on April 21, 2022.
6 year after he left the Oval office and 1 year after Trump left, Barrack Obama is now starting a battle against disinformation.
Disinformation is a major topic when it comes to considering media as the root cause for building a (biased) view of the society. This can just lead to jeopardizing democracy.
The key question is : what solutions can we implement to counter misinformation? And answers are not easy. Here are a few ideas:
"Platforms should describe their algorithmic recommendation systems in greater detail, so that we understand who benefits the most (and who doesn’t). (“If a meat-packing company has a proprietary technique to keep our hot dogs fresh and clean, they don’t have to reveal to the world what that technique is,” he said. “But they do have to tell the meat inspector.”)"
Platform regulations should also be put in place. We can also stop exempting tech companies from legal liability in most cases for what their users post online.
Platform employees can also put more pressure on their employers to become more accountable or just leave.
#5. Travel back in time
TLDR From Global tourism to recover from pandemic by 2023, post 10-year growth spurt, an article published on Reuters on April 21, 2022.
Good news! The global travel industry is set to come back to pre pandemic levels by 2023. The travel sector growth is expected to outpace GDP growth.
According to the World Travel and Tourism Council (WTTC), the industry will create 126 milion new jobs while "in 2019, the coronavirus pandemic decimated the $9.6 trillion industry, halving its output value and leaving 62 million people jobless."
Did you plan for your next holidays?
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See you next Sunday!