The Green Spine, designed by URB in collaboration with EPIC Lab, promises to redefine urban mobility through 100 per cent solar-powered trams and eco-conscious infrastructure
kt network11 hours ago
Governments around the world would be well-advised to learn from businesses about the management of risk and the potentially positive impact of failures, according to Reid Hoffman, the Executive Chairman of LinkedIn.
During a one-on-one session with author Fred Kofman at the WGS, Hoffman noted that modern businesses such as LinkedIn have "multiple, flexible circumstances by which we try things."
"We have an ability to do that testing and iteration, and then generate principles that guide what we do," he said. "I think one of the key things that's actually in fact one of the patterns of what happens when you have a network, like a number of different start-ups or a venture capital portfolios, is to actually take risk."
DENSE NETWORK. Is the reason Silicon Valley stands out. Dense Network helps find talent, capital, expertise for scale-up. #WorldGovSummit pic.twitter.com/umc1PPY9FK"The vast majority of governments tend to have groups and committees and penalties for taking risk. There are challenges to that," he said. "But big jumps, big evolutions in terms of trying something new, usually involve some form of risk...you want to have more of a portfolio or venture capital approach, where you invest in a number of things."
- World Gov Summit (@WorldGovSummit) February 14, 2017
"I think that the best way to run a company is to have a mission and be in service to that mission." says @reidhoffman at #WorldGovSummit pic.twitter.com/6p4SdUejS5"You need to create a culture where we expect that people who try to do big things will find that there will failures along the path," he added, noting that in Silicon Valley venture capitalists often see previous failed start-ups as a "good thing" when examining investment opportunities.
- World Gov Summit (@WorldGovSummit) February 14, 2017
. @LinkedIn Exec Chairman @reidhoffman speaks about risks, entrepreneurship and startups at #WorldGovSummit pic.twitter.com/jM2tZHFQLP"Not only do you need a great idea for a product, you need to have a great idea for how you go to market," he added. "We put in all this energy to build this relationship with this one newspaper, and they launched (SocialNet) with a huge amount of promotion."
- World Gov Summit (@WorldGovSummit) February 14, 2017
The Green Spine, designed by URB in collaboration with EPIC Lab, promises to redefine urban mobility through 100 per cent solar-powered trams and eco-conscious infrastructure
kt network11 hours ago
The Israeli military said in a statement that it carried out a targeted strike
mena11 hours ago
The hosts were 81-3 at stumps in their second innings on day two in Chennai, as they extended their lead to 308
cricket12 hours ago
The competition will be a key highlight of the third edition of the 1 Billion Followers Summit, taking place from January 11 to 13, 2025
uae12 hours ago
The event featured insights from key speakers, including Yogacharya Dhakaram, Nilesh Ashar, and Ekansh Agrawal.
kt network12 hours ago
The first two Tests will be held back-to-back in Multan and the last in Rawalpindi
sports12 hours ago
They will remain on display at the museum until at least April 2025
arts12 hours ago