Again and again, at conference after conference, when we are asked what the government needs in order to change, the answer is not new legislation or regulation, better systems or another presidential initiative. All those elements are important, but the inevitable answer is, “We need to change the culture.”
And to change the culture, we need to change old thinking, old ways of doing business, old management styles. We need to change many of the senior people.
It is time for them to go. It is time for them to go so that a new generation can take root and begin to lead the government to a more mission-oriented, solution-minded, enterprise-wide approach to current challenges.
Source: Trump’s disruption: Could there be a silver lining? — FCW
Matt Lira, most recently the senior advisor to House Majority Leader Kevin McCarthy (R-Calif.), will become the special assistant to the president for innovation policy and initiatives.
Source: White House adds a tech adviser — FCW
Democrats uniformly oppose the bill, and it appeared to lack the needed Republican support as well, despite last-minute changes intended to broaden its appeal.
At least 35 Republicans still plan to vote against the bill, according to CBS News. If all House members were to vote, Republicans can only afford to lose 21 votes.
Source: Republicans scramble for health bill votes after Trump ultimatum | Reuters
“What’s great about this country is that America started the tradition where the richest consumers buy essentially the same things as the poorest,” Andy Warhol wrote in his 1975 autobiography. “You can be watching TV and see Coca-Cola, and you know that the president drinks Coke, Liz Taylor drinks Coke, and just think, you can drink Coke, too. A Coke is a Coke and no amount of money can get you a better Coke than the one the bum on the corner is drinking.”
Apple’s mobile product lines, like the iPhone and iPad, have suggested that it wants to make the Coca-Cola of the technological world.
Not for Apple the vast segmented portfolios of the likes of Samsung.
Instead, it has generally had an incredibly simple offer: the best phone or tablet it can make, or, for the more price-conscious, the best phone or tablet it could make last year.
Source: Apple is tired of making Coca-Cola and now wants to sell champagne | Alex Hern | Technology | The Guardian
Executives at major carriers have been reminded during recent private meetings with officials that to continue to operate on routes across the continent – for instance, from Milan to Paris – they must have a significant base on EU territory and that a majority of their capital shares must be EU-owned.
The development, coming days before the triggering of article 50, potentially makes it more likely that the carriers will act to restructure, with economic consequences for the UK, including a loss of jobs.
Source: UK-based airlines told to move to Europe after Brexit or lose major routes | Politics | The Guardian
Last year half of BMW’s car sales were financed by the company.
As a result, the value of leased cars on the balance sheet has climbed 8 percent to almost 38 billion euros: equivalent to about 20 per cent of BMW’s total assets and 70 percent of its market value.
Of course, those leasing assets show BMW is very good at shifting cars. But they’re a potential hazard. If BMW has miscalculated what vehicles will be worth when customers return them at the end of the lease, it would have to book an impairment.
Source: BMW’s Hazard Lights Are Blinking – Bloomberg Gadfly
Travelers, beware: When you take your gadgets abroad, maintaining the security of the data on your devices is just as important as protecting yourself from muggers.
For whatever reason, foreign and domestic governments may have an interest in your personal data, including your social media accounts.
This is not just theoretical.
The best way to prevent your information from being searched is to travel with a device that never had any of your data in the first place.
Source: Crossing the Border? Here’s How to Safeguard Your Data From Searches – The New York Times
If we want growing companies to go public, we need our public markets to be a competitive source of growth capital.
One easy solution is to let public companies sell their shares in the same way they can now buy them back: through brokers directly into their established public markets.
Removing the outdated restrictions on selling shares publicly will lower the cost of capital and attract more growth companies to our markets.
Source: Give Companies Easier Access to Public Markets – Bloomberg View
The White House has been bumbling and unfocused, filled with infighting and leaks, unable to manage even the most basic functions of governing. Perhaps the bigger concern is that its priorities are inverted.
Getting tax reform done should have been job No. 1, and the failure to do that first could be problematic for Trump’s entire agenda.
The latest incompetent action has been an attempt to replace the Affordable Care Act with something hated by both conservatives and liberals.
Perhaps the biggest self-inflicted wound has been the foolish tweet claiming former President Barack Obama “had my ‘wires tapped’ in Trump Tower.”
It called into question the president’s seriousness about governing.
Source: Trump’s Misplaced Priorities Imperil His Economic Agenda – Bloomberg View
.. none of this gets to the real dilemma for the republic at the moment.
The director of the FBI will in a practical sense determine the legitimacy of our elected president. This makes James Comey the most powerful person in Washington.
It would be nice to blame the Russians for this sorry state of affairs, but really we can blame only ourselves.
Source: Comey Is Now the Most Powerful Person in Washington – Bloomberg View