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" ... But micromanagement is not generous. It’s actually withholding. The additional guidance your team seeks is not a sign of respect, it’s a symptom of unhealthy dependency. The team wants to know, “What is our strategy? Tell us and we’ll get to work on it.” The micromanager, in effect, answers, “You don’t need to know the strategy, I’ll take care of that. Just do what I tell you.” In fact, the micromanager doesn’t want to reveal the strategy because that cedes too much power to the team. And behind all of the micromanager’s dedication to hard work lies the fear of sharing power. The fear that, unsupervised, someone will make a mistake that will make the micromanager look bad. Along with the withholding of authority, there is the withholding of confidence. It’s no wonder that it saps the energy from the team. ... "
" ... Cleverly re-routing hedge fund cash into the mouths of needy foreigners -- no matter how clever, and no matter what qualitative or quantitative gains in well-being -- cedes the economy of grace, which always requires direct, unscripted relationships, to those who are most responsible for today's shambles of a political economy: those who have profited most by it, those who have taken the most comfort in it, those who perpetuate it, those who enforce it, those who punish its would-be competitors, those who indulge in mutual corruption to strengthen it and protect it from criticism... ... "
" ... In an exclusive conversation, Sumit Mehta, CEO of Mazakali, said, “The cannabis market and investment community continue to favor artisanal scalability, product quality, experiential consistency, inventory reliability and envious execution… These qualities have been core drivers to CODA Signature’s demonstrated success in Colorado and will remain essential as industry fragmentation cedes to eventual consolidation. Effective mindshare capture will lead to growing wallet-share as CODA expands across California and beyond, an immensely gratifying and well deserved outcome for a high caliber management and execution team.” ... "
" ... Juxtapose this with Facebook, which cedes auction priority to advertisers who follow best practices, thereby allowing its ML to process the "signals" being provided. In my opinion, going all-in on ML with Facebook is more advantageous than not doing so. In large part, this is because there's no edge to be gained by manually overriding the system, thus encouraging more advertiser effort to be placed against strategy, measurement and content production. ... "
" ... “Under the partnership, which is being reviewed by regulators, Oscar cedes 50 percent of its risk on the portfolio to NICO,” Sankaran added. “This will allow Oscar additional capital flexibility to fuel our growth and further refine our already best-in-class technology stack. This marks the second material reinsurance agreement for Oscar after we brought on AXA in January 2018 and is a continued vote of confidence in our ambition to deliver profitable growth supported by our industry leading technology and customer experience.” ... "