Industry News

Top articles of the week | September 29th

Every week, we put together a list of our top 5 articles of the past week. Happy reading!

 

 

The Five Most Common Mistakes Of Board Directors                   Forbes

Effective boards do more than just provide good governance, they help shape the vision of the company and help the CEO realize the vision. By looking at recent scandals that have rocked the business world, good board governance is just as important as it ever was. This article provides some good insights on how a successful board functions.

 

Why This VC Is Pouring Millions Into Startups Building ‘a Sci-Fi Future’          Fortune

Josh Wolfe is a rebel investor. His VC firm only invests in moonshots. He’s known for looking for investing in human brain interfaces, eliminating disease, endless renewable energy and the list goes on. This interview in Fortune provides some perspective on how he looks at these high-risk investments and the inevitability of progress.

 

Costco Strategy Deck         Anonymous

Despite the many slides, I *really* enjoyed this strategy review of CostCo given that I am a proud member and I shop there regularly. The insights are fascinating. How does CostCo compete? How are they thriving despite retail being “dead”? How do they build a strong culture? This is a must read for anyone interested in retail.

 

What is An ‘Execution Plan’?           Steven Sinofsky, Learn by Shipping

A goal without a plan is just a wish. Planning is oftentimes a ritual conducted by the chieftains of the organization. Steven Sinofsky shares his thoughts on the key tenets of planning and how to share the plan with the team.

 

Masayoshi Son, SoftBank, and the $100 Billion Blitz on Sand Hill Road             Bloomberg

When Masayoshi Son from SofBank announced the $100 Billion Vision fund, many venture capitalists scoffed. People aren’t laughing anymore. Masayoshi Son is planning on raising a similar fund every few years. So far, it seems to be working. Bloomberg covers the history of the Mr. Son and the fund and how it’s changing technology investing.