BUSINESS INSIDER – JUN 4 – Former and current OpenAI employees rally for increased transparency amidst concerns over reckless pursuit of artificial general intelligence. They demand protections for whistleblowers and call for a culture of open critique to address risks in AI development.
Doug Adlam’s tech startup, Finmo, faced bankruptcy when an investor pulled out. With only 11 days left, they managed to secure funding just 22 minutes before payroll was due. This experience highlights the importance of perseverance and quick thinking in crisis situations. Companies can learn from this to develop resilience strategies, potentially outperforming larger competitors in adaptability during financial challenges.
Adlam’s mortgage company won “Brokerage of the Year” at the Canadian Mortgage Awards in 2017, despite having fewer than 25 employees. This unexpected triumph demonstrates how smaller firms can compete with industry giants by focusing on client commitment and team values. Companies can leverage this lesson to build strong company cultures that attract top talent and clients, potentially outshining larger competitors.
1. Embrace Automation and AI: Automate tedious tasks to save time and increase efficiency. For example, using AI to handle data entry can reduce errors and free up employees for more strategic work.
2. Avoid Workarounds: Replace temporary fixes with robust solutions. For instance, instead of relying on manual processes that vary by employee, implement a unified system to ensure consistency and scalability.
HBS – Harvard Business School’s Hise Gibson analyzes Deion Sanders’ military-style leadership in transforming college football teams. Sanders emphasizes clear communication, high expectations, self-discipline, and resourcefulness. His practices—such as personal involvement in players’ lives and unconventional training schedules—offer valuable lessons for business leaders in accountability, trust, and long-term strategy.