From the Desk of Eric Ries June 2018

From the Desk of Eric Ries -- June 2018

From the Desk of Eric Ries

June 2018

“Are you looking for a company that grows very fast, that makes profits that are too high, in our view, quick profits? Do not invest in our company. Do you want a company that grows in a gracious way? That allows suppliers to grow alongside it, so that your artisans can grow as well as the company’s staff?â€

These questions are posed by Brunello Cucinelli, founder of the Italian fashion house named after him that specializes in luxury cashmere sweaters, in

that touches on topics ranging from technology to Italian café culture, Socrates, Martin Luther King, Jr., and something I’m also passionate about: the value of thinking long-term in business. Among other things, Cucinelli has “three-year business plans and 30-year business plans but also three-centuries business plansâ€

Along the same lines, I was really glad to see

by Warren Buffet and Jamie Dimon about why thinking long-term is so important for the legacy that companies, investors, and customers all want to leave for the next generations.

Moving on to other topics, here are few conversations I’ve had about my own work, and some other pieces I found really thought-provoking over the last month.

I hope something here catches your attention, too. I’m always glad to get recommendations, so if there are things you think I should be reading, send them to:

[Conversations]

[Readings]

Judea Pearl, a pioneering figure in artificial intelligence thinks AI has been stuck in a decades-long rut. He believes we need to teach machines to understand the question why.

On the class divide and why it’s more than just the 1% causing the problem.

Cloud computing is affecting not only how companies interact internally between divisions, but also with customers, creating faster, more productive relationships.

Interesting follow-up on a publishing story I included in The Startup Way that concludes, “We can build feedback loops across the publishing cycle, helping us to iterate and improve the books we write, produce and sell. We can give readers more of what they want and love.â€

A look at how early the gender pay gap starts, and how we can work to close it by the author of The Cost of Being a Girl: Working Teens and the Origins of the Gender Wage Gap.

An interview about food sharing app Olio, created to help alleviate food waste by connecting local users and scaling rapidly.