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Strategy Technology

22 Habits of Highly Impactful Technology Leaders

The following points embody the essential traits and behaviors I’ve discovered throughout my career. Most of these insights are lessons from memorable experiences. For the rest, remarkable technology leaders have graciously passed down their recipes for success, for which I am profoundly grateful. I’ve found these impactful learnings to be invaluable, and I hope you, too, will find value in them.

Be in the moment

Practice deep listening. Establish connections by demonstrating a sincere interest in what others are saying. This shows respect and is an excellent way to expand your knowledge.

Breathe technology

View technology as a passion, not just work. Concentrate on the domain that fascinates you. Delve into the specifics to form your own opinions.

Make technology your business

As a tool, technology can act as a business accelerator or a business opportunity. Moreover, a well-structured system comprising organizations, processes, and specialists is a social technology.

Understand everyone’s role

This encourages you to appreciate the value each colleague brings. You can maximize the benefits of internal synergies. It also encourages others to recognize the worth of everyone’s contributions.

Compose harmonically

Group people according to their affinity and complementary expertise. Consequently, some individuals will build things independently but keep them private. Ensure that teams are all moving in the same direction.

Guide

Take your hands off the steering wheel and teach others to drive by letting them take control.

Encourage sharing

Everyone is unique, hence they contribute unique value to the team and the organization. Act as a catalyst. Remember, a group’s value is more than the sum of its parts.

Trust their insights

All ideas matter. Your job is to sort and prioritize them. Trust is invaluable. Lack of trust is like refusing to invest in your people.

Communicate accurately

Strive to eliminate interpretation and ambiguity. Vagueness impedes mastery.

Structure

Your ideas, your approach, your strategy, your time, your directives.

Eliminate waste

Time and motivation are our most significant assets. Wasting time equates to wasting energy. Avoid exhaustion and demotivation, both for yourself and your team.

Work ahead

Being proactive means working in the future while others work in the present. Lead the way and inspire others to follow suit.

Evangelize

Spread the word about the vision, technological changes, economic dynamics, and mindset. Everyone should understand and know the direction in which the company is heading. Repeat this often. Consistently.

Develop careers

Uncover people’s potential to shape their careers. Provide them with the building blocks to carve their own paths.

Use thoroughly what you sell

Eat your own dog food. Use the product you’ve created to gain a customer’s perspective. Experience their satisfaction and their challenges firsthand.

Approach recruitment as you would a birth

Tailor the job profile, tests, interviews, and selection process. Represent your company, embodying its voice, culture, and brand. You might be meeting your next “business family” member. 

Cultivate a culture of knowledge management

Capture wisdom in the form of cookbooks, guidelines, best practices, and design patterns. Pay particular attention to less experienced or newer team members. This relevant and actionable knowledge forms part of the company’s long-term memory. Ensure this knowledge stays current as the world changes daily. Ultimately, use artificial intelligence to source insights from corporate memory.

Champion research & development

Change is inevitable. Therefore, you either shape the future or adapt to it. Your approach is also a reflection of your culture.

Encourage and arrange training

This nurtures your organization’s skills, intellectual wealth, innovative potential, and resilience.

Uncover talents and opportunities

Some are hidden gems, others are rare talents. Your leadership truly shines in the light of their brilliance.

Be selfless

Offer whatever you can, whether it’s time, insights, lessons learned from mistakes, or candid feedback. Be available when your team needs assistance.

Construct platforms for success

Your success is defined by how you contribute to others’ success. Share your journey to achievement so they can learn how to succeed. Celebrate and enjoy your victories together.

🖖

Categories
Technology Bitcoin Blockchain Business Business Strategy Cardano Cryptocurrencies Ethereum How to Polkadot Strategy Technology Strategy Web 3.0

How to grasp the blockchain world and safely walk your first steps into Web 3.0

blockchain

The following is a quick guide explaining how to become acquainted with the world of blockchain, crypto, and web 3.0:

  1. First, I invite you to start with these videos:
    1. What is a Blockchain: https://youtu.be/rYQgy8QDEBI
    2. The difference between Bitcoin and Ethereum blockchains: https://youtu.be/0UBk1e5qnr4
    3. What is a Smart Contract: https://youtu.be/ZE2HxTmxfrI
    4. What is a Stablecoin: https://youtu.be/pGzfexGmuVw
    5. What is an NFT: https://youtu.be/FkUn86bH34M
  2. Understand the key concepts of web 3.0 by googling them: Blockchain, Wallet, Cryptocurrency, (crypto) token, Mining, PKI, tokens, Smart Contracts, Dapps, Decentralized Exchanges (DEX), Staking, ICO, ITO, Layer 1/2/3 protocols, transaction fees, consensus, etc.
  3. Know what are the major Web 3.0 technologies, their differences, and their value propositions like Bitcoin, Ethereum, Polkadot, Cardano, Cosmos, Polygon, Hyperledger, IPFS, Storj, Solana, Tether, etc. Not only the network but also the development tooling and the distribution means.
  4. Understand what new business models, organization models, like DAO, and features the Web 3.0 is bringing with respect to Web 2.0. Then research how Web 2.0 and 3.0 complement each other.
  5. Select one Blockchain technology and stick to it, in the beginning, to understand how Dapps are being built, distributed, and promoted in the ecosystem. Some of the most popular depending on your areas of interest: Uniswap (DeFi), OpenSea (Digital Art, NFT), Axie Infinity (Gaming), …
  6. Understand token economics and how it is possible to have such a huge valuation and market capitalization.
  7. Learn by doing!
    • Learn to use blockchain tools like Etherscan and Bitcoin Explorer, to see all Ethereum Blockchain transactions. And now is the time to look up your own wallet!
    • Then, you could fund your wallet using the most popular and safest Crypto Trade Exchanges like Kraken, Coindesk, or Crypto.com.
      Notice that you can buy cryptocurrencies with Paypal, but you currently cannot transfer them to your own wallet. Paypal is holding bitcoin for you.
  8. Follow the various companies and foundations expanding the web 3.0 (tech websites, Twitter) to grasp how the ecosystem is expanding. Then, ask yourself how these companies are regulated.
  9. Interact on LinkedIn, Twitter, and Reddit with knowledgeable people and enthusiasts.
  10. If you are an IT engineer, start programming with Solidity. I find the Truffle Suite genuinely good to build Smart Contracts and NFTs in an easy way.
Categories
Data Architecture Business Business Strategy Data Information Technology Legal Technology Strategy

The European Data Act: actually, can your data become a reliable source of income?

data economy 1

The European Data Act has recently been published.

It aims at clarifying and strengthening the governing framework of the #dataeconomy.

In the nutshell (extract):

“The Data Act will give both individuals and businesses more control over their data through a reinforced data portability right, copying or transferring data easily from across different services, where the data are generated through smart objects, machines, and devices.”

For example, a car or machinery owner could choose to share data generated by their use with its insurance company.

Such data, aggregated from multiple users, could also help to develop or improve other digital services, e.g. regarding traffic, or areas at high risk of accidents.”

Some thoughts on this

1️⃣ I wonder to what extent the boundaries of your data ownership can be explicitly defined, then transparently coded in IT systems, so that a “data asset” is legally bound to you as your property.

2️⃣ After this, you could ask Facebook, Instagram, and TikTok to share a piece of the cake: % of the revenue generated from your data.
Let’s face it, it looks like a game-changer, if it can really be implemented.

3️⃣ Ultimately, you can capitalize on GPDR architecture. It pushes the concepts of data ownership, consent management, data counters, data KPI, data censorship management, IAM, data expiry management, etc.

4️⃣ Beyond multicloud oversight solutions, this is an excellent use case for permissioned blockchain, like Hyperledger Fabric. (e.g. Infrachain )

5️⃣ Innovative business models to arise like “Mutual Data Funds”, or Open Data Lakes”, where a set of businesses or individuals would provide a set of qualified and certified data sources to act as “Value Added Data Sources”, something similar to Bloomberg or Reuters for financial News.

Also, these Mutual Data Pools are fitted to be plugged as Oracles in blockchains (#ethereum#chainlink#binance, etc.)

I can already envision the pitch of startups like “We are the Bloomberg of space mining Data” (which would be awesome by the way👍)

6️⃣ This could boost the API economy. But also push further the adoption of GraphQL and AsyncAPI standards.

7️⃣ I reckon open industry data models are a much better way to start. It would help regulators (e.g. Commission de Surveillance du Secteur Financier (CSSF) , CNPD – Commission nationale pour la protection des données , CNIL – Commission Nationale de l’Informatique et des Libertés), auditors and regtech (e.g. Scorechain ) to have a common ground to build their control frameworks and oversight infrastructure.
Now, it is time to stitch them together.

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