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CIO & LEADER-Issue-11-February 2018

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Around The Tech<br />

BY THE BOOK<br />

Daniel Coyle, New York Times' bestselling<br />

author of The Talent Code<br />

unlocks the secrets of highly successful<br />

groups and provides tomorrow’s leaders<br />

with the tools to build a cohesive,<br />

motivated culture.<br />

Have you ever thought about<br />

strengthening a culture that<br />

needs fixing?<br />

In The Culture Code, Daniel Coyle<br />

goes inside some of the world’s most<br />

successful organizations—including<br />

Pixar, the San Antonio Spurs, and U.S.<br />

Navy’s SEAL Team Six—and reveals<br />

what makes them different from others.<br />

He identifies three key skills that<br />

generate cohesion and cooperation, and<br />

explains how diverse groups learn to<br />

function with a single mind. Taking a<br />

leaf out of various organizations such<br />

as Internet retailer Zappos, Upright<br />

Citizens Brigade, and a gang of jewel<br />

thieves, Coyle offers lessons in strategies<br />

that spark collaboration, build<br />

trust, and drive positive change. The<br />

Culture Code is a revelation into the<br />

organizations that have successfully<br />

created an environment within for<br />

innovation to flourish, discover solutions<br />

to problems, and exceed expectations<br />

where there were none.<br />

This book gives you an insight into<br />

organization culture of other organizations.<br />

The Culture Code puts the power<br />

in your hands.<br />

makingheadlines<br />

In his budget speech, finance minister, Arun Jaitley, announced that virtual<br />

currencies are no legal tender and that the proliferation of its use for illegitimate<br />

financing will be curbed. However, the government sees an opportunity<br />

and plans to utilize Blockchain.<br />

The government in Andhra Pradesh is working with Swedish startup ChromaWay<br />

to set up a blockchain-based land registry system that allows people to<br />

collateralise property, get loans, and invest against that asset. Tracking property<br />

ownership using blockchain allows people to circumvent disputes, frauds,<br />

and errors, while also lessening the administrative hassle of registrations and<br />

title transfers.<br />

Recently, the Maharashtra government called upon industry leaders,<br />

researchers, and others to devise ways of incorporating blockchain in e-governance<br />

operations.<br />

Globally, women generate 37% of global GDP despite<br />

accounting for 50 percent of the global working-age<br />

population. The global average contribution to GDP<br />

masks large variations among regions. The share of<br />

regional GDP output generated by women is only 17%<br />

in India, 18% in the Middle East and North Africa<br />

(MENA), 24% in South Asia (excluding India), and 38%<br />

in Western Europe. In North America and Oceania,<br />

China, and Eastern Europe and Central Asia, the share is<br />

between 40 and 41%.<br />

Women are actually one of the largest pools of<br />

untapped labor: globally, 655 million fewer women are<br />

economically active than men. And while they make<br />

up over 50% of the world's higher-education graduates,<br />

only 25% of them occupy management positions.<br />

The entry of more women into the labor force would be<br />

of significant benefit to countries that face pressure<br />

on their labor pools and therefore, potentially, on their<br />

GDP growth.<br />

gender<br />

bender<br />

<strong>February</strong> <strong>2018</strong> | <strong>CIO</strong>&<strong>LEADER</strong><br />

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