Exactly 50 years ago, on Nov. 4, 1966, a devastating flood swept through the city of Florence, destroying and causing significant damage to much of the city’s artistic patrimony.As soon as news of the disaster reached the United States, concerned scholars of Italian art and culture leapt into action to help save the precious artistic heritage of Florence and other cities ravaged by floods, joining forces to create the Committee to Rescue Italian Art (CRIA). Amidst the turmoil and with a deep sense of urgency, they organized both a vast fund-raising campaign and the shipment to Italy of emergency conservation materials along with a team of specialists to assess the situation and begin long-range planning for the recovery. Chaired by Jacqueline Kennedy, the Committee raised money through direct mail requests, ads, special exhibits of Italian art, fashion shows and cocktail parties, in addition to video appeals by famous figures such as Ted Kennedy and Elizabeth Taylor.Following the devastating flood of ’66, Villa I Tatti became the Florentine Headquarters of CRIA, a task force made up of scholars anxious to preserve Florence’s precious artistic heritage. This online exhibition explores the valiant efforts of CRIA during the aftermath of the flood, and examines I Tatti’s central role in the recovery.Visit the Exhibition
Anyone rummaging around in search of innovation in the annals of economics will inevitably end up running into Joseph Schumpeter. The political economist was already aware of the fact that innovation is the critical dimension of success more than 100 years ago (1).But although it appears straightforward on the surface, it isn’t. Scratch the surface and you will always encounter the ‘creative destruction’ he popularized back then: Companies need to constantly innovate and incessantly question their existence to maintain their position on the market.Do you notice a pattern?Exactly. The imagery of scratching past a surface is by no means obsolete. Especially for anyone involved in today’s digital transformation. The central issues are clear: products, processes, the organization, customer service, communication, and even the company culture. They all need to be carefully scrutinized. However, what has changed? Competitive pressure has snowballed and the development cycles have greatly intensified compared to the past. Creative destruction – disruptive innovation (2): two terms, one concept. The process is all around us.And this process also entails failure. “If you want to innovate (…), you have to embrace risk,” stated Michael Dell at last year’s ‘The Next Now!,’ the impulse summit hosted by Dell EMC in Berlin. He continued, “It would be wishful thinking to believe that everything always works right from the start.” And that’s how it is: Companies need to learn how to deal with making mistakes.The issue is too intricate and for many, they simply procrastinate. And it’s not a prudent approach. Nearly one-half of all companies fear becoming obsolete in the mid-term, and a similar number of companies isn’t sure what the industry will even look like in the mid-term. But the working motto should actually be: Use innovation to shape the market, instead of playing the catch-up game all the time.How can innovation, the main component in the digital transformation, be pushed forward? The path begins with the realization that innovation cannot just happen as an aside, but rather it needs to infiltrate every fiber, all hierarchal levels, and each department of a company. It needs to become an integral part of the corporate DNA (and its partner network). The best case scenario is when upper management exemplifies to the rest of the company what innovation is; for this reason, I have often proposed having the Chief Innovation Officer be responsible for ensuring a company-wide change in culture. However, it goes without saying that innovation is not only a concern for a company’s IT. It doesn’t need to be limited to products and companies specifically. It can also act as an example for the external image. For example, it can help eliminate production grievances in countries with low wages, deal with topics of environmental concern, or address other CRS issues. Companies that define innovation in this manner are particularly appealing to markets in the future.Dell EMC is hosting The Next Now! again. This year it will be held in Munich, Germany, on 10 April. There will be talks, presentations, and panel discussions by numerous high-caliber speakers from industry, media, and culture on topics such as the connection between innovation and digital transformation, the underlying technology, and the impact on the economy and society. And who knows? Maybe Michael Dell will be in attendance this year, too.(1) That was the year 1912. By the way, Schumpeter looked at entrepreneurs as if they were heroes. He considered them responsible for the prosperity of the masses. One of his more relevant examples: Companies made sure that not only the Queen could afford silk stockings, but that they were in reach of factory workers, as well. The process of capitalism would gradually increase the standard of life for the masses, and innovation (just like monopolies) are at the center of this development.(2) ‘Innovation’ comes from the Latin meaning ‘to renew, restore; to change.’ The term was first mentioned in Duden, the authoritative dictionary of the German language, in 1915, which was published only shortly after Schumpeter published his theory. A coincidence?
GCC’S SECOND-division captain Devon Lord and GNIC all-rounder Ryan Shun starred with ball and bat to propel the Red Star Cricket Club to victory in the Etobicoke and District 50-Over Cricket League on Saturday at Caledonia Park, in Toronto, Canada.Both local-based Guyanese cricketers, they travelled up for the league, which runs until the end of October.For Lord, this is his second year playing for Red Star, while Shun is playing for the first time this season.The GNIC cricketer has had a relatively good run outside of Guyana, given that he did well for the Munroe Road Cricket Club in a premier two league in Trinidad earlier this year.Lord played two previous games, prior to last Saturday’s victory, but he batted late and did not get the opportunity to bowl. Shun, on the other hand, played his second game on Saturday and has looked solid with the bat so far, given that he followed up his 47, over a week ago, with 63 not out two days ago.In their clash against Melbourne CC, Red Star won the toss and reached 158-2 off of 34 overs before rain ended the innings prematurely.Shun, batting at number three, led the attack. He struck four fours and three sixes in a top score of 63 not out.In reply, Lord made light work of the middle order. The left-arm spinner finished with 4-30 from six overs.The GCC cricketer was also outstanding with the ball in the league last year, after finishing with a team high 24 wickets.