Really interesting film on Chinese hip-hop with Matthew Niederhauser. Niederdauser is a polyglot: an artist, photojournalist and documentary maker. His plied his trade in China as photojournalist and had explored high-speed China’s urban development.
Matthew Niederhauser realised that the development wasn’t just about infrastructure but the myriad personal stories. Some of the personal stories of the under class revolved around a new culture. The cultural change involved the nascent rap scene. This was frowned up by the authorities, seen as little better than gangsterism.
Western culture is viewed with suspicion by the authorities, as are tattoos and graffiti art.
Issues coming out in songs on CDs. They seem surprisingly tame next to gangster rap, but China wouldn’t tolerate anything else. Instead the lyrics speak to the pressure cooker environment of Chinese society:
Generational tensions
The restrictions of everyday life
The boss at work who is always on your case
The pressure of having to conform comes from family, the government, society, the media, your workplace
One-child policy children might be little emperors and empresses but there are a lot of expectations on them if they are to stand any chance of succeeding in life
Personal interests or hobbies aren’t really ‘a thing’
You’re expected to be married before 30. In order to get married you need an apartment and car. Both of which are expensive in major Chinese cities
The pressure of being at school
Live battles:
Personal attacks
Where they are from
Why they rap and try to connect with the audience
The video is on YouTube which may not be able to be viewed by some readers
Visvim’s Toshiyuki Ueno in this film made in partnership with Porsche Japan, as we learn about the fundamental philosophy of ‘monozukuri’, or craftsmanship, behind the storied Japanese brand, as well as Ueno-san’s joy of ownership with long-lasting products.
Ueno’s joy of ownership comes from products that are potential candidates of what I called on this blog ‘heirloom design‘. Something that might develop a patina, but manages to last a lifetime. EDC or everyday carry is a category of products designed around the joy of ownership. Products over engineered and made of easy to service parts, yet are used everyday.
One can see this joy of ownership ethos in Visvim’s own products such as their iconic daypack. These look superficially like the classic Jansport design, but are over built in order ensure the bag outlasts the owner.
The joy of ownership is at odds with many aspects of our modern world. People no longer have digital or music collections. Instead relying on play lists on streaming services to give them the right muzak for whatever they are doing at the time. Online business Rent The Runway does away with the joy of ownership and curation of your look, you no longer need a wardrobe beyond the basics. Luxury brands are now talking about a circular economy play where consumers are encouraged to only enjoy the joy of ownership for a short while and they might then be resold. At the other end, fast fashion from Shein and H&M.
The much prescribed ethos of fast failure, agile methodologies and Facebook’s ‘move fast and break things’ are a world away from the philosophy behind the joy of ownership. This is the reason why Bang & Olufsen is a shadow of its former self, yet a vintage BeoSystem still provides the joy of ownership. More related content to the joy of ownership can be found here.
Xi Jinping shows his strength by muscling women away from power – Nikkei Asia – China’s path toward becoming a modern socialist country, as officials describe their aim, has historically been framed as incorporating gender egalitarianism. “Genuine equality between the sexes can only be realized in the process of the socialist transformation of society as a whole,” Mao Zedong wrote in 1955. By this measure, one would expect the Chinese Communist Party to at least signal that it cares about women’s representation in 2022. But last month’s 20th National Congress of the Chinese Communist Party broke tradition by elevating 24 men and no women to the party’s Politburo, omitting its usual token female for the first time in 25 years. Women took just 11 of 205 seats on the new party Central Committee. Loyalty and utility to the top leader, above qualifications or affirmative action-style standards, are now the major determinants of officials’ prospects for promotion. Party leader Xi Jinping no longer feels any obligation to gesture toward gender equality – what this misses out on is that Mao Zedong’s public and private conduct were in sharp contrast. Mao was an avowed paedophile.
TikTok ‘ghost mall’ indicator of problems with Malaysia’s failed Silicon Valley | South China Morning Post – “It’s the only Malay-Muslim concept mall in Malaysia,” Abdul said, adding that he feels attached to the mall as “there is a brotherhood here.”While the mall didn’t have many customers, I was struck by the lively camaraderie among the staffers working there. Outside the mall, I found a singer performing for a small crowd. A couple meters away stood a unit where a popular Thai restaurant once operated. While it’s listed as operating on Google Reviews, one of Fadzil’s staff told me it has “closed down for good.” The restaurant appeared to once have good reviews online, with diners describing the food as “affordable” and “delicious.” The lot was padlocked and the tinted glass walls obscured what was inside, but my fat zoom lens captured an eerie image of the restaurant’s interior. Kitchen tools were piled in a corner and dozens of bottles of beverages stood packaged together, unused. It looked like a scene that had been quickly and hastily abandoned. – retail is tough at the best of times, but there is also a constant tale in Malaysia of expensive white elephants and failed economic policies once it had been decolonised
Ethics
Filmmaker Andrew Callaghan Says Cable News “Ramped People up” for Jan. 6 – I think that January 6th is much more of a riot than it is an insurrection. And I think that the mainstream media is endlessly focusing on it because it’s, it’s very good eye candy. It makes great news. It makes all conservatives look like absolute morons, and it’s good for selling ads. So it was a terrible thing, but there’s reasons they’re dragging it out, and they’ll continue to drag it out until the next major conservative fuck up like that. I don’t feel, necessarily, that the frontline brainwashed Capitol riot soldier is to blame for what happened. I think it’s the people who push them into action, particularly on the fringe as well. I think mainstream media and social media play a role in ramping up division, but I think it’s people like Alex [Jones] and Enrique [Tarrio] who really are primarily just merchandise salesmen. We have a serious problem with media echo chambers and informational literacy in this country. We have to take it upon ourselves to be more educated and think on a different level. So what’s in it for influencers like them? The “MAGA-sphere” allows for a ridiculous array of hustles and grifts. There’s Forgiato Blow, who built a rap career around the MAGA train. Enrique Tarrio runs the largest right-wing t-shirt shop on the Internet. Alex Jones makes millions of dollars selling brain pills, basically. There’s so many ways to make money in the MAGA world. It’s really appealing for someone trying to get their start as an entrepreneur or a politically active person – probably one of the smarter views that I have read on January 6.
Siegfried Muller’s interview shows the complexity in modern German history. Muller was plied with alcohol and interviewed by East German interviewers who then put together this film (presumably with editing). For Muller, the threat of communism was real. You can read more on Muller here.
The War in Ukraine Highlights European Rifts – Carnegie Endowment for International Peace – Despite the destruction Russia is wreaking on Ukraine, both Chancellor Olaf Scholz and sections of his Social Democratic Party and business lobbies hanker after the status quo ante. Herein lies the second rift. It is linked to EU member states’ varied historical experiences and the resulting threat perceptions. The EU as a peace project was finessed over the years without a voice from the Eastern or Central Europeans. They had to endure living under the dictatorship of the Soviet Union. Today, Western Europe, particularly France and Germany, considers a future European security architecture involving Russia in some form. For the East Europeans, security is about defending themselves against Russia. That is why the latter want Ukraine to win and Russia to be defeated. For them, Russia’s invasion of Ukraine threatens Europe’s stability and security—a threat that would be compounded if Russia were to win
Health
Race is on to develop new generation of weight-loss drugs | Financial Times – this looks like a Viagra like gold rush, on the plus side there is a lot of scientific progress being made. The biggest barriers are socio-cultural in nature. Disclosure, I worked on the global launch of Wegovy – the current category leading treatment
Hong Kong committee can bar foreign lawyers from national security cases: Beijing — Radio Free Asia – “Now the national security committee gets to decide what is and isn’t a matter of national security in all cases, not just national security cases, but in any other court cases and also in all matters of government policy, without being subject to judicial review,” he said. “They could claim that pandemic prevention was a matter of national security, or education,” Yam said. “It’s not just about the judicial system.” “It affects legislation and anything that takes place throughout the entire government system.” – Australian lawyer Kevin Yam points out the weakness that anyone using Hong Kong as a legal jurisdiction in contracts should be concerned about. Is the counter-party connected to the government, in a strategically important sector, government owned or supported by government loans? Do they employ mainland employees who might be affected by the contract. All of this could fall within the national security law. Another take by Hong Kong based legal scholar and former judge Henry Litton: HKU Legal Scholarship Blog: Henry Litton: Red Alert: Hong Kong Judicial Independence Under Existential Threat (Comment on the Admission of Owen KC). Samuel Bickett’s take on things here: Beijing’s New Year’s surprise: awarding itself broad new powers over Hong Kong and NPC Observer: Explainer: NPCSC’s Interpretation of Hong Kong National Security Law over Jimmy Lai’s Foreign Defense Counsel – Beyond the confines of Lai’s case and the specific issue it raised, the [NatSec] Committee’s seemingly broad and unreviewable power to “make [enforceable] judgments and decisions” on whether an issue of national security is involved, regardless of setting, could be cause for concern. It awaits to be seen whether and to what extent it would invoke this newly declared authority to deal with other situations in the future.
Three ways Big Tech got it wrong | Financial Times – Most of Big Tech got rich on software, which is easily updatable and basically free to distribute at scale. Such online innovation rightly places a huge premium on “failing fast”: getting a product out quickly, building a following and fixing the bugs later. The same is simply not true for a car, a medicine or even a new flavour of packaged meat. They have to work correctly and meet regulatory standards right off the bat. Production facilities and distribution networks cannot be conjured out of thin air, or easily amended after the fact. In the physical realm, an innovator can see its lead evaporate in the face of competition from rivals with experience in production and distribution. Tesla is discovering this the hard way. Tesla’s share of the US electric vehicle market has dropped below 65 per cent from 79 per cent five years ago. S&P Global Mobility predicts it will fall below 20 per cent by 2025 as other makers bring out electric trucks and cheaper models faster than Tesla can build new factories
A few things on this. I believe that hydrogen will play a far bigger role in the energy mix for transport. These cars are Toyota Mirai vehicles. Secondly, look at how easy it is for the workers to get the fit and finish right on the cars, which says a lot about the precision of their component manufacturers to get to Toyota’s legendary reliable, rattle-free vehicles.
William Davies · The Seductions of Declinism: Stagnation Nation · LRB 4 August 2022 – The claim that everything has been getting worse for decades is a gift to Thatcherites and Brexiters, who promise a dramatic turnaround in the fortunes of the nation, and would like to banish those who talk down Britain’s prospects. Edgerton went to considerable lengths in The Rise and Fall of the British Nation: A 20th-Century History to dispute the claim that the interwar and postwar British economy was a failure, or that it needed ‘reviving’ in the way Thatcher promised. For Edgerton (and the Resolution Foundation appears to agree), Britain’s current economic malaise began under Thatcher, when rent-seeking via the housing market, privatisation and financial ‘innovation’ became the basis of Britain’s economic growth. But even Edgerton would agree that we are now in a very bad way. The poor quality of the Tory leadership candidates and the unseriousness of the debate between them creates the impression of a country that can now only speak to itself in slogans, oaths and insults, and has no capacity to describe or explain its problems. Away from the theatre of the leadership contest, the signs are that Britain’s elites now intend to stake everything on another financial free-for-all. Inexplicably, the Bank of England recently abolished the regulations that impose affordability criteria on the sale of mortgages, meaning that lenders no longer need to check whether borrowers have the capacity to repay if interest rates rise further. A new Financial Services Bill, supported by Sunak and the current chancellor, Nadhim Zahawi, will challenge the power of the Bank of England to regulate financial services, with the aim of releasing the City of London to engage in greater risk-taking. The Brexiters’ ideology, according to which Britain remains restricted by its conformity to EU rules, may have one more hurrah, if it can liberate speculators for another few years before the Ponzi schemes finally collapse
Fake ‘Rothschild’ Was Chased by Russian Organized Crime When She Took Pictures With Trump at Mar-a-Lago – OCCRP – the self-confessed grifter was a Ukrainian immigrant tangled up with Russian organized crime, a joint investigation by the Pittsburgh Post-Gazette and OCCRP has found. OCCRP and the Post-Gazette revealed in August how Yashchyshyn gained access to Mar-a-Lago without any background checks, making at least four trips to the estate in two days. The investigation and an FBI action that same month to retrieve documents from Mar-a-Lago renewed questions about security at the private club that has hosted powerful U.S. and world leaders. Those questions will only grow with the new revelations that the fake Rothschild was being chased by a serious organized crime figure as she mingled with prominent club guests and the ex-president himself.
Singapore redevelopment of its harbour in the early 1980s is fascinating. The area is now a mix of bars, cafes and restaurants. Among the buildings lost was a cinema built and owned by The Shaw Organisation – who were responsible for the post-war boom in kung fu martial arts films and even helped finance Blade Runner. The Shaws came out of a merchant background and were big in pre-war Shanghai as one of the big three film studios. They diversified into amusement parks over a decade before Disney did; though the Shaws were not as single-minded in their focus on ‘family-friendly’ experiences as their US counterpart.
The limits of growth in Singapore, some of these factors feel very Brexity, partly due to neo-liberalism
Ghost ships tankering black market oil to and from sanctioned countries around the world
Tanker companies warn of rise in armada of ghost ships | Financial Times – older ships are being bought and then used for sanctions running as these ghost ships. Ghost ships have safety implications due to their age. Given that these ghost ships are operated on the down low, they won’t have the same maintenance and you don’t know how their sailors are treated. What’s also interesting is the economic data implied by the ghost ships. Looking at this article black market oil (excluding pirate ships stolen in places like the Straits of Malacca) shipped by the ghost ships fleet is running at about 10 percent of all oil consumed worldwide. The fleet of ghost ships must have suddenly increased if the supply of ships being sent to be scrapped has dropped in the way it has. How have the operators of ghost ships managed to short circuit the ship breaking business? How are the ghost ships avoiding the world’s largest navies and surveillance networks? Will the number of ghost ships continue to grow?
Here’s a picture of Chinese tanker vessel, just to give you an appreciation of how big each of the ghost ships must be.
China’s Self-Defeating Economic Statecraft | Foreign Affairs – Observers routinely worry that by throwing around its ever-growing economic weight, the country is managing to buy goodwill and influence. During the COVID-19 pandemic, Beijing has exploited its dominance of manufacturing supply chains to win favor by donating masks and now vaccines to foreign countries. And it has long used unfair state subsidies to tilt the playing field in favor of Chinese companies. – the lesson that China seems to take away is that bullying works. Until China sees that bullying doesn’t work it won’t listen
Enemies of My Enemy | Foreign Affairs – The strongest orders in modern history—from Westphalia in the seventeenth century to the liberal international order in the twentieth—were not inclusive organizations working for the greater good of humanity. Rather, they were alliances built by great powers to wage security competition against their main rivals. Fear and loathing of a shared enemy, not enlightened calls to make the world a better place, brought these orders together. Progress on transnational issues, when achieved, emerged largely as a byproduct of hardheaded security cooperation. That cooperation usually lasted only as long as a common threat remained both present and manageable. When that threat dissipated or grew too large, the orders collapsed. Today, the liberal order is fraying for many reasons, but the underlying cause is that the threat it was originally designed to defeat—Soviet communism—disappeared three decades ago. None of the proposed replacements to the current order have stuck because there hasn’t been a threat scary or vivid enough to compel sustained cooperation among the key players – until now China’s belligerence in East Asia and wider
‘Lying flat’: Why some Chinese are putting work second – BBC News – there are young rural migrants in Beijing or Shanghai, who now realise “how far behind they are, in terms of being able to make enough money to buy a house, or compete with the city kids who grew up speaking English and wearing sophisticated clothing”. Dr Johnston explains some of this group may now be thinking of returning to their home towns and taking lower-paid jobs instead to be with their families. On the other side, there are the children of richer, successful parents who are not “as hungry as the super-achieving kids from poorer families”. Dr Johnston thinks China’s so-called “tiger” culture is an added barrier, where parents feel under intense pressure to help their child achieve, that school on its own is not enough
The Pandemic Changed Youth Culture in the Asia Pacific – What Does that Mean for Brands? – “proactively making fundamental life changes to shape a new future in a post-pandemic world which will never be the same again,” says Vice Media. ‘The Next Chapter – Re-Emergence’ is the latest from VICE Media Group’s ongoing series of youth culture tracking studies which monitors behavioural change to forecast the future of culture. The online quantitative study of 1,740 Gen Z and Millenials was conducted via VICE, Refinery29, i-D websites and social channels in Australia, India, China, Japan, Korea, Singapore, Indonesia, Malaysia, Philippines, Thailand and Vietnam. – it looks like they expect to change how they work. If that means greater balance it might go down badly with Chinese and Vietnamese authorities who would be concerned that this looked like ‘lying down’
Pandemic triggers exodus of older people from UK workforce | Financial Times – interesting that businesses aren’t adapting to these new dynamics in the workforce, much of what is in the article is also echoes in this US IBM case. IBM Execs Call Older Workers ‘Dinobabies’ in Age Bias Lawsuit – Internal emails show IBM executives calling older workers “dinobabies” and discussing plans to make them “an extinct species,” according to a Friday filing in an ongoing age discrimination lawsuit against the company. The documents were submitted as evidence of IBM’s efforts “to oust older employees from its workforce,” and replace them with millennial workers, the plaintiff alleged. It’s the latest development in a legal battle that first began in 2018, when former employees sued IBM after the company fired tens of thousands of workers over 40-years-old. One high-ranking executive, whose name was redacted from the lawsuit, said IBM had a “dated maternal workforce.” “This is what must change,” the email continues, per the filing. “They really don’t understand social or engagement. Not digital natives. A real threat for us.”
Which London-listed Russian firms could be hit by sanctions? | Russia | The Guardian – Under the most extreme scenario, companies operating in the UK, US or EU – including most of the world’s major financial institutions – could be forbidden from any transactions with sanctioned entities. That could mean the indefinite suspension of their shares, and an inability to issue new debt or shares in London. Asked whether the UK was likely to impose sanctions that would damage the interests of big British companies, Bernardine Adkins, a partner at the London law firm Gowling WLG, said: “I’ll believe it when I see it.” “The modern way of sanctions tends to be very focused, and they’re not sweeping to hurt the economy,” she added.
Norton Rose directs Hong Kong office to make China pivot | Financial Times – Norton Rose, whose biggest clients include HSBC and AIG, is the latest international business to reconsider its Hong Kong strategy. Both the Mandarin Oriental hotel group and Pernod Ricard have asked executives to move temporarily out of Hong Kong in response to strict pandemic restrictions. Bank of America is reviewing whether to relocate some of its staff to Singapore. The head of a large recruitment consultancy in Hong Kong said similar changes were happening at other global companies. “As expats retire they are most likely to be replaced by Mandarin-speaking people,” he said. “The old set-up of having a local team who speak Mandarin doing the deal, but the guy at the top is white, that will change across the board.” – Hong Kong refocusing on being just another city in China – Chinese banks’ Hong Kong ranks on track to outnumber global rivals | Financial Times
Next China: Hong Kong Elections Uncertain as Covid Crisis Spirals – Bloomberg – there was little surprise this week when Tam Yiu-chung, Hong Kong’s sole representative member of China’s top legislative body, suggested postponing the election. His logic was simple: Some of those who might run will be too busy dealing with the outbreak to campaign. If more voices begin jumping in with the same line, a delay could very quickly become fait accompli. – way before COVID got out of control there were no candidates putting themselves out there. Even self publicist CY Leung hadn’t throw his hat in the ring
Why Are Luxury Labels Cheaper Online? – The Chosun Ilbo (English Edition): Daily News from Korea – Business > Business – According to Statistics Korea, purchases through overseas online retailers last year surpassed W5 trillion for the first time ever and surged 26.4 percent compared to 2020. Clothing and accessories accounted for W2 trillion of the total. The Korea Consumer Agency said a survey last year showed consumers here believe products are around 25 percent cheaper from foreign online retailers than in Korea. Yet importers insist they have no choice but to slap huge margins on goods due to high operating costs as well as tariffs and delivery fees. One staffer with a major importer said, “Department stores charge 20 to 30 percent in fees to sell our products, plus we have to cover advertising and store overheads.” But industry insiders say big businesses and department stores in Korea compete fiercely for exclusive import deals with foreign luxury brands, which ends up costing them a lot of money. They end up agreeing to unrealistic volumes and expensive advertising to bring in popular luxury brands and pass the cost on to the customer. Another reason is simply that demand seems insatiable, so people will pay whatever is asked. The head of a foreign luxury brand’s Korean branch said, “The market is changing in Korea and China where the more expensive products are, the higher the demand is. For instance, handbags must cost at least W9 million and coats more than W4 million to be considered a ‘luxury’ product. That means lower-tier brand prices are also rising.”
Musicians like Neil Young lack the market power to force Spotify’s hand over Joe Rogan – It’s a simple case of gigantic supply and relatively limited distribution. As the world turns to music streaming, only a handful of global players led by Spotify, Apple and Amazon control the market. Five companies represent 80% of the global streaming opportunity. Now, turn that around and think about it from an artist’s point of view. Spotify currently has 70 million songs and adds an additional 60,000 each and every day. These stupendous numbers have two implications. First, even when an artist like Young pulls his music from the service there are literally millions of potential replacements to fill the gap in a listener’s playlist. Second, artists cannot fuck with any of the big distributors of their music, because losing access to 31% of the market is the difference between success and failure for many of the record companies that run these artists
Foreign money funding ‘extremism’ in Canada, says hacker | Canada | The Guardian – A hacker who leaked the names and locations of more than 90,000 people who donated money to the Canadian trucker convoy protest has said it exposed how money from abroad had funded “extremism” in the country. In an exclusive interview, the hacker told the Guardian that Canada was “not safe from foreign political manipulation”. “You see a huge amount of money that isn’t even coming from Canada – that’s plain as day,” said the hacker, who belongs to the hacktivist group Anonymous. The leaked data showed that more than 90,000 donations were made via GiveSendGo, with most funds appearing to come from Canada and the US. According to the data, individuals in countries including the UK, the Netherlands, Ireland and Denmark also donated. Amarnath Amarasingam, a professor at Canada’s Queens University and an expert in extremism and social movements, tweeted that of the 92,844 donations, “51,666 (56%) came from the US, 36,202 (29%) came from Canada, and 1,831 (2%) came from the UK.” US-based donations totalled US$3.62m, while Canadians donated US$4.31m, he added.
Want to buy an Ineos Grenadier? Here’s how | CAR Magazine – In some very rural parts of the UK, for example, we will partner with companies whose franchises are agricultural franchises – JCB, Massey Ferguson, those kind of franchises. They are next to auction centres and livestock centres. Their neighbours are NFU regional offices, that kind of thing. Because that is where the customers go and they live and they work.
Mask shops have now become a thing. When I lived in Hong Kong, you would buy your masks from the local pharmacy chain store depending whether you were near a Watsons or a Mannings. It was good form among locals to wear a mask when you felt unwell; particularly with cold like symptoms. COVID-19 drove the importance of masks. With this has come dedicated mask shops.
New mask companies sprang up to deal with the need for locally made trusted, good quality masks. Mask Lab built their own factory in the leased space of a former garment factory, now vacant due to the deindustrialisation of Hong Kong with China’s opening up. Mask shops started in residential areas with lower retail rents alongside online sales.
Now these businesses have managed to move into flagship retail locations. Looking at this photo Mask Lab seems to be in the Central district of Hong Kong, close to luxury retail stores and the high-end Landmark shopping mall. More related posts here.
Mattel collaboration with Stüssy
The eight ball motif has been a design staple for Stüssy since at least the late 1980s. It was only a matter of time before they did a collaboration with Mattel – maker of the Magic Eight-Ball. There is a capsule clothes collection and a co-branded magic eight ball with a special dice inside it. Magic “8” Ball™ Tee – Mattel Collaboration | Stussy
Climate crisis font
Climate crisis font | Helsingin Sanomat – is a lovely free font that visualises the impact of climate change. Helsingin Sanomat is the largest subscription newspaper in Finland.
Appalachian Mountain Music
David Hoffman shot this great documentary on Appalachian mountain music and one of its prime advocates during the early to mid-20th century. The film’s protagonist Bascom Lamar Lunsford collected and promoted Appalachian mountain music and dance in poetry and storytelling.
Bandulu
Bandulu Street Couture use customised embroidery on Nike and Nike ACG garments that is sympathetic to the base garments. In their own words:
‘Bandulu means fake, bootleg, ghetto. Like that white tee from Marshall’s with the name of some couturier, screenprinted in gold. That little bit of luxury gives clothing a story, with or without vanity. Bandulu believes in adding this quality to the clothes of our world, through upcycling and craftsmanship. Bandulu takes quality, vintage clothing and rejuvenate life into them through hand embellishments. Quality therefore becomes less about reputation, and more about integrity. You know its real if its fake.’
Connected Leadership, Powered by Brunswick | Brunswick – worth a read during your lunchtime. 9 out of 10 financial readers cite the importance of social media communications by CEOs during a crisis. There were also findings that equate CEO social presence with employer brand. Reading about connected leadership reminded me of the oft quoted wisdom that history doesn’t repeat itself, but it rhymes. Connected Leadership had reminded me of research that I remember seeing around the time of the original dot com boom (and bust). I think that the research had been done by Weber Shandwick in the US; and I had heard Larry Weber cite it when he came through Europe every so often.
At that time the connected leadership type content was focused on CEOs with a media profile. The research showed a positive correlation between a highly visible CEO, better stock market performance and greater resilience when the brand was facing challenging times. This was back when Larry Ellison, Steve Jobs and Bill Gates courted the business and ‘business of technology’ media. Like any model it can be only taken so far, as Bernie Ebbers at WorldCom, Jeff Skilling at Enron and Steve Case at AOL showed that a high profile won’t stop a terminal decline.
Prior to Oracle’s acquisition of Sun Microsystems, then CEO was criticised for a lack of focus on the business problem. The twice weekly blog posts that marked his connected leadership style were not appreciated by activist shareholders.
A more modern example of connected leadership would be the cult like following that Donald Trump managed to build up over the past five years in politics. A future Democratic president would like appear less on social and in the media, being more focused on the task at hand rather than demonstrating connected leadership.
For businesses, a connected leadership style brings challenges from a regulatory point of view, could their content be sifted for potential class action suit material?
WGSN – Future Drivers 2023 – WGSN – After the dust settles on the tumult of 2020, companies and consumers will shift to new ways of designing, making, selling and consuming in 2023. In an age of uncertainty, executives can bank on the importance of the four C’s – connection, conservation, communication and community. This report identifies seven global drivers that will reshape the macroeconomic and business landscape in 2023, and provides key strategies that businesses can action today for future success.
Radical Reform: this will be front and centre for 2023. Be prepared to be held accountable for diversity, sustainability and CSR practices
Safety & Security: this will drive innovation in defensive materials, an increase in home and neighbourhood security networks, and make touchless payments and products mainstream
The Tech Paradox: cobots (collaborative robots that interact with humans) and democratised digital literacy will gain ground, but on the flip side, infodemics, influencer fatigue and the politics of global technology will drive a tech reset
Community 3.0: look to the growth of community supply chains, staff who are steps away from the stores, and up-skilling locals to keep community money intact
Environment: From Urgency to Emergency: regenerative businesses are creating a sustainable future, while made-to-order manufacturing and nearshoring are reshaping distribution models
The Recession Generation: unstable job markets and a new gig economy will drive new generational spending and consumption habits
New Alliances: international relations are being reshaped and this is underscoring political tensions, with growing knock-on effects
Lightest 5G smartphone with graphene battery – Appear is launching the lightest and first graphene battery-powered smartphone with innovative water-resistant technology. There is already a lot of interest in this smartphone. Appear has begun receiving orders and projections call for a million units sold in the first six months. The smartphone would be available in stores and major online retailers by March 2021. To meet growing demands, Appear has partnered with Foxconn India for its manufacturing needs
Research specialist Qamcom joins European partners in 6G drive – Hexa-X research project is EU funded and expected to run for two and a half years with the aim of laying the foundation for next generation 6G networks. Bringing together a number of technologically advanced European partners, the Hexa-X research project aims to develop the next generation of mobile networks, namely 6G or sixth generation. The project, which is EU-funded, is expected to start in January 2021 and last for about two and a half years. The purpose of the project is to lay the foundation for a global standard and to define principles for the 6G system itself – which will serve as a base for the entire telecom industry and its future services and products. On a more philosophical level, the project’s purpose can be described as technology connecting our human and physical world with the digital world. Qamcom’s research will focus on localisation and network optimisation
Why minimalists are maximally important » strategy – the minimalist demo are predominantly suburbanites, more than half of whom (59%) are married couples with kids, with moderate household incomes. While they haven’t previously been majorly digitally inclined, the group has been making its first major foray into online shopping. Minimalist shopping activity on mobile phones and tablets was up 31% among this audience segment, with gaming activity increasing by 19% and 43% on mobile devices and consoles, respectively. Minimalists’ propensity to order online food has almost doubled since lockdown began, and marketers should be mindful that QSRs could really benefit from attracting this segment
Banning Trump from digital platforms sets a dangerous precedent | ProMarket – I find them a dangerous precedent, which concentrates power irreversibly in the hands of a few private firms. Everybody, but especially people from the Left, should be worried: soon, this power will be used against them. If Trump violated the law with his tweets, he should be prosecuted according to the law. Why did Twitter and Facebook take the law into their own hands as self-appointed vigilantes? If his tweets did not violate the law, why did Twitter and Facebook kick him out? Twitter and Facebook, many would object, are private companies, which can create their own rules of engagement. This is certainly true. But these rules should be consistently enforced and here they are not. According to Twitter’s own statement, Trump was permanently suspended because of the following two tweets, sent on January 8: “The 75,000,000 great American Patriots who voted for me, AMERICA FIRST, and MAKE AMERICA GREAT AGAIN, will have a GIANT VOICE long into the future. They will not be disrespected or treated unfairly in any way, shape or form!!!” “To all of those who have asked, I will not be going to the Inauguration on January 20th.” “These two Tweets,” writes Twitter, “must be read in the context of broader events in the country and the ways in which the President’s statements can be mobilized by different audiences, including to incite violence.” The context Twitter is referring to are the potential plans for a secondary attack on January 17—even though Trump’s tweets did not mention such plans
A bit reactionary but it’s still worthwhile watching Chris Chappell interview with Winston Sterzel and Matthew Tye. Sterzel and Tye’s observations are spot on and tally with my own experience in China and Hong Kong.
Escapist retail – Wunderman Thompson Intelligence – Digital fashion and virtual spaces are getting dreamy, engaging shoppers’ imaginations—and dissolving the traditional boundaries of retail. All of which is fine if you’re on the ‘upper leg’ of the K-shaped economic recovery. Not so great if you’re Primark. More retailing related content here.
Why going global has proved so hard for the big banks | Financial Times – despite gains from globalisation in the lead-up to the financial crisis, the overall international record of the industry is poor. Just last week came a reminder of the challenges of a global bank: Deutsche Bank agreeing to pay US regulators $125m to resolve allegations that it paid bribes to win clients in the Middle East. Its not an isolated example, though Deutsche Bank does have a higher appetite for risk than many of its peers. Other examples, Goldman Sachs had to pay $3.9bn to settle the 1MDB bribery scandal in Malaysia. JPMorgan agreed to pay $264m to settle a US probe into its practice of hiring scions of the Chinese elite as its new business strategy. Its not like these bank failings are a new phenomenon. HSBC was able to buy the Midland Bank because it had been so weakened by its majority stake holding in Crocker National of California. At the time of purchase in 1980, Crocker was the tenth largest bank in the US. It has been one of the first banks in the US to use ATMs. Eventually it was sold due to the losses that Midland endured while owning it. Crocker had a large amount of bad loans on its books.
2021 and the Conspiracies of ‘Johnny Mnemonic’ | WIRED – Gibson’s cyberspace was always bound up with the body. Data can be wet-wired; manipulating files requires Power Gloves and an “Eyephone.” When Johnny jacks in, it kind of hurts. Such meat-meets-metal has, in the quarter-century since Johnny Mnemonic came out, been called a failure of prediction. Our internet ended up disembodied, virtualized, socially distanced, our iPhones more of a figurative prosthesis. Yet, this last year, we sat slack at our desks, muscles atrophying, nerves attenuating, as we doomscrolled our way to new aches, new anxieties, new ailments. Some wild-eyes went so far as to claim that 5G triggered the pandemic, which is the most Gibson-sounding conspiracy of all. In Johnny’s world, the black shakes are caused not by a virus but by a signal. Epidemic through technic. There’s something in the air, no matter what you do. You’re already sick, you’re already dying. Connectivity is killing you
I’ve chosen to not get drawn into the events at the Capitol in Washington DC. It is interesting that Arnold Schwarzenegger is far more articulate and coherent than the politicians in office.
Announcement for the connection problem faced by Hong Kong users｜HKChronicles – From the evening of 6th January, 2021 (Hong Kong Time), the chief editor of HKChronicles, Naomi Chan, has received numerous reports from users located in Hong Kong. They noticed that the website was inaccessible when using the Internet service provided by some ISPs in Hong Kong. After looking into the analytics, we also found that the number of visitors from Hong Kong decreased drastically. Because of the scenario, there are some rumors on the Internet regarding to the status of service on our website – Hong Kong ISPs blocking the site. It has lots of good information on organised crime affiliated police, business people and political extremists. More Hong Kong related content here.
Bitcoin Mining and Its Environmental Effects by Şerif DİLEK* & Yunus FURUNCU – an academic paper that show just how bad bitcoin is for the environment. It isn’t just bitcoin mining, but even blockchain and wallet management. TL;DR here is the money quote: Bitcoin’s energy consumption causes serious damage to the environment and faces us as one of the most significant obstacles in the development of Bitcoin.
