First of all ☝️I hope you had a peaceful holiday 🧘♀️ and a healthy start into the New Year🥂 ! As a New Year's resolution I decided to commit and extend this digest by a 🎧 listening section.
Cracks and fissures 2022
Discourse is energy, energy becomes movement, movement begets momentum. It gets a name. Here's we call it Web3. It's a marketing concept and meme for change. It's creating a new media, financial and social constructs quicker than we can process them. Overlay this change with disruptive cultural energy driving generation shifts in how we think about work, diversity and equality (and a pandemic) and you get a dynamic and unstable environment. Just when we thought things might get more normal. Brace yourself, 2022 is going to be full of surprises.
🙅♀️ And there better be surprises! Otherwise things couldn't be complex enough for us to play around. Can we even mentally process the increasing speed of tech development? 😳 - by Troy Young
How Shein beat Amazon at its own game- and reinvented fast fashion
Comparisons to fast-fashion giants such as H&M miss the point: it’s more like Amazon, operating a sprawling online marketplace that brings together about 6,000 ****Chinese clothing factories. It unites them with proprietary internal management software that collects near-instant feedback about which items are hits or misses, which allows Shein to order new inventory virtually on demand. Designs are commissioned through the software – some original, others picked from the factories’ existing products.
😰 How would the world look like with more companies like Shein? Their speed of operations literally outperforms any fashion retailer, and even an ordinary teenage girl can be subject to get inspiration for the next fashion trend from - by Louise Matsakis, Meagan Tobin and Wency Chen
The Economics of Creativity
With the explosion of digital ownership, we’re going to see a lot of different people find their own creative acts. Those who have a skill that lines up with today’s technology will be disproportionately favored. Many of them will be rewarded with status and wealth in ways they never would have before, because we are no longer isolated from each other by geography and time.
👆 If we talk about The Creator Economy, then we should also start talking about the Economics of Creator's Creativity. Founders are artists, eventually - by James Currier
Intimacy of our interconnected, digital world (Gast: Jabe Bloom)
You can't remove complexity from a system, you can just move the complexity around. Complexity is there to allow the system to respond to the environment that it is in. As systems want to respond to more and more complex environments, they themselves have to get more and more complex... Your company as it evolves and tries to address different markets, it's moving to being a dumb thermostat to being a nest, that's what it is doing, it's getting more complex. You want to invest the complexity. And you want to invest the complexity towards the customer, and remove the complexity away from the backend system.
Apparently, the FANG are good at doing this 👆 well. Jabes Bloom is a smart 🍪, and his way of thinking is quite fascinating. I wouldn't have liked to miss this podcast. There are many takeaways on how platforms operate and how to apply systems thinking in any given organisation - by Zusammenarbeit, Agile und Mehr
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