The Digitally Designed Bank will understand that you won’t keep all of your financial assets with them. It will know that people with money will be more likely to spread it among multiple providers since keeping track of their complete financial picture is easy to aggregate into a single view on their mobile device.
Social Media: Are We Addicts? by Brett Blazys Addiction is defined as “compulsive behavior that leads to undesired and negative consequences.” While there are plenty of compulsive behaviors that do not lead to negative consequences, I focus on compulsive Social Media use and the problems that arise from it. We have all seen people in a group setting that could be observing and listening to the life around them, but instead they are looking into their phone, the ‘Black Mirror.’ Netflix has, as mentioned, an entire series based on technology taking over our minds and personal interests; looking into the…
Protector Brewery: A Lesson in Following Passion to Discover Innovation [1] by Louis H. “Tra” Calisch, III Innovation is a key factor in developing a successful startup, but it is often times elusive. Many believe that inspiration comes randomly, defined by the “Aha!” moment. However, a critical observation by Peter Drucker in the 1985 Harvard Business Review insists that innovation more commonly derives from methodically analyzing your environment for opportunity.[2] Beyond this process is a factor critical to entrepreneurs. Innovation requires passion. One need only look to their local craft brewery to see why. Craft brewing was an innovation in the…
Opinion: A Study of Illumina’s Success [1] By Francisco J. Uribe Illumina is a San Diego based, publicly traded company (ILMN) that develops, manufactures, and markets its proprietary line of integrated systems to sequence DNA.[2] Illumina has spearheaded the development of third-generation DNA sequencing systems, which allow for massive and fast sequencing of complete genomes, enabling the study of population genomics. In turn, this has opened the door to endless healthcare applications. Incorporated in 1998, Illumina’s first products were in the area of Single Nucleotide Polymorphism (SNP) profiling. The company’s IPO occurred in 2000, while launching its first product. Illumina not only…
By G. Bryan Cornwall, PhD, PEng (MBA 2018) Some of our most profound memories are linked with music: whether it is your first drive, first date, first kiss, or first anything, there is almost always a song that goes with it. Dick Clark is credited with the claim that “Music is the soundtrack of your life.” Music is art, music is emotion, music is life, and as noted by David Byrne, the former front-man of the band “Talking Heads” in his book: “How Music Works”, music is business [1]. For most of human history music was enjoyed in social venues…
By Matt Lupoli Doctoral Candidate | Rady School of Management Imagine that you have a colleague who will soon be giving a presentation in front of several managers in your organization. A week before she is scheduled to present, this colleague practices her talk with you, and asks for your opinion on her performance. In truth, you thought that the presentation could use significant improvement. However, you are given pause by knowledge that this colleague is dealing with the recent death of a close family member. You can tell that she is in a fragile emotional state, and you feel concerned…
Dear Rady Family: 2018 promises to be a great year for the Rady Business Journal (RBJ). We are looking forward to completing the first issue of the journal since 2014. For students new to the UCSD Rady School of Management, the RBJ is a student-directed business journal; the RBJ seeks to provide business leaders with insights to assist in the development of innovations in the marketplace. The primary goal of each issue of the Rady Business Journal is to promote the entrepreneurial focus of the Rady community, with secondary and tertiary aims of showing off the innovation that is occurring…
by Niall O’Donnell One night in 1996 I witnessed the late Leslie Nielsen bring the house down at the Oxford Union with this quote, “There is no crime problem. There is a victim problem. If we could lock up all the victims, the crime problem would be solved.” Challenging his role as Sergeant Frank Drebin in The Naked Gun movie franchise, his quip possessed a flawless, if somewhat impractical, logic. Health care and the costs of health care have dominated politics in the U.S. over the last five years. The more I read and hear, the more the logic of…
by Lauray MacElhern The U.S. medical system, although referred to as “health care” is largely one of disease care, a status quo that threatens our country’s economic and societal well-being. An inside-out transformation of this system, that teaches and encourages prevention and wellness, not just disease management, is desperately needed. According to the latest World Health Organization data1, the United States ranks 46 out of 48 countries in terms of “health care efficiency” – a calculation derived from life expectancy and health care cost per capita. We spend 18 percent of GDP per capita on health care – the highest…
by Eric Norman I recently burned roasted yams. Luckily it was Thanksgiving, so nobody really cared because we needed to have yams. Plus they were still rather tasty. But it bothered me, and I tried to think of why. Perhaps because I added maple glaze and didn’t reduce the cooking time. Perhaps my oven is different than the oven used to develop the recipe. It is not uncommon for ovens to deviate by 50 degrees around their setting. Oven temperatures can also drift over time, slipping out of calibration. Accomplished chefs know this, but to the average home cook it…