MCBASSI & COMPANY

Drum Roll, Please

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Finally: the moment you’ve all been anxiously awaiting.

The winner of the 2014 HR Analytics Haiku Contest is Evan Sinar!! (Cue wild applause and confetti.)

Evan’s winning haiku captures something of the very essence of analytics:

The perilous route
From raw data to actions
Analytics guides

As the winner, Evan will receive copies of two must-reads: the HR Analytics Handbook and Haiku U.

Congratulations, Evan, and thanks to everyone for all the clever, funny submissions we received.  We enjoyed reading them, interpreting them, debating them, and, of course, counting their syllables.

Maryland creates “benefit corporation” status

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Updating a previous blog post on this topic, the state of Maryland became the first state to adopt legislation creating a new corporate entity: the “benefit corporation.” 

Having benefit corporation status would allow a company legally to take into consideration stakeholders like the environment, employees, and the community when making business decisions.

The Espresso Book Machine

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Now here’s a cool development—the Espresso Book Machine® (EBM). Says On Demand Books, “What Gutenberg’s press did for Europe in the 15th century, digitization and the Espresso Book Machine will do for the world tomorrow. Library quality paperbacks at low cost, identical to factory made books, printed direct from digital files for the reader in minutes, serving a radically decentralized world-wide multilingual marketplace.”

EBM locations are already beginning to spring up around the world.  It seems likely that this is an unstoppable, game-changing and disruptive technology.  This will speed up the decline of the already-faltering traditional book publication industry, and contribute to the ongoing democratization of ideas.

“For-Benefit” Corporations

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bill being considered by the Vermont Senate would create a new legal classification for companies in that state.  If passed, corporations that have social missions could actually codify those values and be designated “for-benefit” corporations (instead of “for-profit.”)  A recent Business Week article explored  the implications of this bill (and similar bills pending in other states) that would make it easier to formalize values in business.

VUCA – pretty much sums it up

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Maybe you already know this term—VUCA.  But I just learned it, and thought it was worth sharing.

VUCA, according to Wikipedia, “is an acronym used to describe or reflect on the volatility, uncertainty, complexity and ambiguity of general conditions and situations. The common usage of the term VUCA began in the late 1990s and derives from military vocabulary and has been subsequently used in emerging ideas in strategic leadership that apply in a wide range of organizations…..”

VUCA—I’ll remember that.  In just four letters it says a great deal about the world in which we live.