Create and download a custom PDF Watch the related video Explore the related infographic Culture has become one of the most important business topics of Culture is a business issue, not merely an HR issue. While culture is widely viewed as important, it is still largely not well understood; many organizations find it difficult to measure and even more difficult to manage. This year, unlike in past reports, Global Human Capital Trends treats culture and engagement as two distinct topics.
Philipp Kadelbach Europe, I love You Differences are opportunities, they are virgin lands waiting to be discovered, developed and enhanced. A startup begins as a simple solution to a very local problem that eventually proves to be useful in many other locations and for way more people.
Do things your way, with your style, according to your environment. Your culture is a strong barrier to entry. Audio file Slides 12 mins read Too many startup founders I meet are obsessed with copying what goes on outside of Europe. We forget our strengths. The things that give us incredible unfair advantages.
An unfair advantage is anything you can use in your favor, making such a difference, that it seems to be unfair. Break down these geographic barriers.
One example of this is geography.
We live in a place where any major city can be reached, by plane or train, in about 2 hours. London, Paris, Berlin, Barcelona, there are cheap flights and good access to these places.
But people still live inside their geography. In my case, people are always surprised when I explain that I live in London and Paris. If I take the Eurostar from Paris to London, it only takes me two hours.
It might be expensive to travel. But as an entrepreneur, it is much cheaper to travel, than it is to deal with the problems that exist where you live.
They built their organization by putting each part in the place that made the most sense.
So why think about these debates, will Paris or Berlin be the next startup capital, all of that? Why should that be a question?
First of all, none of us will really get anywhere without the others. We need to have a European mindset. There are local problems that come up. So you definitely add in some challenges. In France, there are so many problems that come with trying to open an account. So why do it?
Why not take advantage of the possibilities that exist in other European countries? For example, a lot of countries in Europe have horrible corporate law systems. But not in the UK. So why would anyone want to open a purely local company?
This is the same reason why every corporation in the United States is incorporated in Delaware. And we can do the same sort of thing in Europe. That geographic element is very underused right now in Europe.
It will keep getting more common, but we really need to change our mindset about that. We need to see Europe as a concrete thing that we can use. Another thing that we forget is how we can find B2B clients. People in Spain hate trying to work with their corporations, in Italy, same, Romania, same, France maybe a little less, but still.Unlikely that self-hosting would be cheaper, both because of the operations overhead, and because of the utilization factor.
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The Rise of Data Capital “For most companies, their data is their single biggest human capital in creating new digital products and services. Enterprises and Netflix—have changed the terms of competition in . And in pursuing that strategy, Netflix has a lot of advantages: a host of empowered creatives, almost limitless access to capital markets (for the time being), and strong and stable senior management.
What Hastings is aiming at might not be possible.
How your company manages human resources (HR) can vary, but it needs a process for hiring and firing, benefits administration, and performance management. Jul 11, · Hastings told his staff that if Netflix didn't hurry and announce, someone else would do it for them.
The video was posted to YouTube that night. Critics said it was confusing and both Hastings.