for W3c validation
Friday Faves is our weekly blog series highlighting a few select pieces from the REG team’s reading lists. You can catch up on past Friday Faves on the archive.
What does video gaming and a virtual currency have to do with running a business?
Helen says: Earlier in the year, I wrote about the positive impact the game Fortnite was having at software start-up company, Podium. This week, I am revisiting the theme of gaming in the workplace – but this time the impact does not come from playing an online video game. In this case, the CEO of Disco Corporation encouraged a staffer to look at gaming to come up with a program for the company that would make work fun and at the same time help improve the company’s bottom line.
The most important element…borrowed from the gamer world was the idea of scoring everything in the same way games reward high scores, to re-create the spirit of fun and competition.
A program called Personal Will was born and a virtual currency called ‘will’ created for employees to use to pay for everything from using meeting rooms, office desks and PC’s, colleague’s advice or services, daily auctions for work assignments or participating in competitions to pitch ideas. Balances get paid out in yen as bonuses at the end of each quarter and the company boasts an average wage twice that of the national average.
The results have been outstanding for the company but I am not so sure the fun element has been achieved! Since implementing the program, their operating margin has increased by 10% and their share price has quadrupled. Non-productive meetings have all but disappeared and there are even penalties for being inefficient – working overtime falls into this category and Disco’s overtime has reduced by 9%. So why aren’t more companies following suit? The company has had some cultural challenges with lower adoption in the US and China compared to Japan but there are other criticisms of this ‘next level’ performance measurement – such as the focus on profits leading to short term thinking and the relentless pressure to perform for bonuses that are not guaranteed.
Thankfully, I can’t see this taking off in Australia anytime soon! How would you feel about having to ‘pay’ out of any potential bonus to use office resources or ask for advice in your workplace? Let me know in the comments or on social media.
Parent bank details, signatures compromised as cyber attack hits Catholic high school
Joel says: Not too long ago I wrote a piece for our Friday Faves about the potential of our personal information being stolen from hospitals, after a security audit determined that the industry was not proactive enough in educating staff of all levels about cyber-security awareness.
Now, this week I have read a piece that backs up the claim of that original article which stated that protecting sensitive information shouldn’t just be the task of IT staff. Most times when you hear about hacking attempts or data leaks in the news it’s often large, well-known companies or websites that are attacked, with Apple, Facebook, banks and various government departments often the targets. But in the highly digital age we live in, hackers are now commonly targeting smaller organisations that may not have the same level of security measures in place or have staff that aren’t cyber-secure and are more likely to accidentally provide unauthorised access after being unable to identify a phishing attempt.
That was the case earlier this month at Nagle Catholic College, where after a staff member clicked a link in an email sent to the college a hacker gained access to financial information of parents that send their children to the school and paid their fees via email.
The school’s principal was proactive in notifying the parents but due to the large amount of data stolen they are still determining how bad the situation may be. They are also now working with cyber-security experts to raise awareness and to “mitigate and address the potential breach”.
When was the last time you spoke to your employees about cybersecurity and awareness? If it was a while ago, perhaps it’s time to offer them a refresher.
How biohackers are trying to upgrade their brains, their bodies — and human nature
Jakkii says: We’ve shared articles on biohacking in our Friday Faves before, from implanting an Opal card to new takes on medical devices. If you’re still curious about biohacking and what it is, Vox is here with an article that promises to deliver answers to “9 questions about biohacking you were too embarrassed to ask”:
- First of all, what exactly is biohacking? What are some common examples of it?
- Why are people doing this? What drives someone to biohack themselves?
- How different is biohacking from traditional medicine? What makes something “count” as a biohacking pursuit?
- How much of this is backed by scientific research?
- What are the most dangerous types of biohacking being tried?
- Are all these biohacking pursuits legal?
- What are the physical limits of life extension?
- Biohackers also include people who engage in DIY science without experimenting on themselves. What’s that form of biohacking like?
- At its most extreme, biohacking can fundamentally alter human nature. Should we be worried?
It’s a fascinating read, littered with links and examples that explain and illustrate the kaleidoscope of experimentation that is biohacking. The question and answer format makes it easy to follow and digest despite being quite a long read. I’d love to hear your thoughts on biohacking – generally, or on any specific examples! Let me know in the comments or on social media.
This Week in Social Media
Politics, democracy and regulation
- Trump is making sure more YouTubers see him than see the Democratic debate
- The White House may host a social media summit next month
- Trump threatens to sue Twitter, Google, Facebook after issuing bias claims
- Bernie Sanders is winning the internet. Will it win him the White House?
- I shouldn’t have to publish this in The New York Times
- Congress should not rush to regulate deepfakes
- Facebook makes another push to shape and define its own oversight
- Federal election easy prey for social media manipulators, experts warn
- Financial regulation for tech companies like Facebook just got more urgent
Privacy and data
- Senators want Facebook to put a price on your data. Is that possible?
- Is WeChat too big to escape from even amid privacy concerns?
- Facebook to hand over identity data of users suspected of hate speech, report says
- Facebook must face lawsuit over 29 million-user data breach
- Social media killed our offline privacy too
Cybersecurity and safety
- For Police, social media is now part of the job
- Senator calls for stricter rules on how YouTube advertises to kids
- TikTok has a predator problem. A network of young women is fighting back.
- YouTube’s kid issues are serious – here’s why
- YouTube can’t remove kid videos without tearing a hole in the entire creator ecosystem
Society and culture
- It’s been 30 years since Australia connected to the internet
- Why people pretend to be Boomers in Facebook groups
- Twitter study shows how we can keep cool online
- Republicans don’t understand Democrats—and Democrats don’t understand Republicans
- Facebook and grief in the digital age – when should we unfriend the dead?
- Instagram and Pinterest are convincing more couples to go into debt for their perfect wedding
- Sex workers create their own safe space online
- Play a choose your own adventure story on Twitter
- Teens talk bullying and the pressures of Instagram: “If it gets under 200 likes, I just delete it”
Extremism and hate speech
- Reddit has ‘quarantined’ one of the biggest communities of Trump supporters on the internet, citing ‘threats of violence against police and public officials’
- YouTube looks to demonetization as punishment for major creators, but it doesn’t work
- Online knitting community bans support for Trump in stand against ‘white supremacy’
- Gab’s Islamophobic content draws from YouTube, Twitter, study finds
- Facebook adds to new limits to address the spread of hate speech in Sri Lanka and Myanmar
Moderation and misinformation
- Media outlets found liable for readers’ Facebook comments in first round of landmark Dylan Voller defamation case
- Facebook looks to the world for help fixing its content mess
- Social media bots no longer need to hide to be effective, says Facebook
- You can sue media companies over Facebook comments from readers, court rules
- Facebook and eBay told to take action over fake reviews
Marketing, advertising and PR
- Facebook enlists plain English to clarify how it makes money
- Brands get creative with WeChat mini-programs
- Facebook squeezes money from Instagram with new ads in Explore
- The cost of an ad-free internet: $35 more per month
- Community management is essential to an effective social media marketing approach
- Uniqlo launches TikTok’s 1st multimarket brand campaign
- Snapchat turns Wrigley Field into the Upside Down for ‘Stranger Things’ promotion
- Sorry, ads are coming to TikTok
- With new leadership, Snapchat makes friends among marketers and publishers in Cannes
- Welcome to the era of branded engagements
- Twitter will now hide — but not remove — harmful tweets from public figures
- LinkedIn adds new custom CTA buttons for Pages, helping to direct visitor actions
- YouTube introducing changes to give people more control over recommended videos
- Twitter’s underrated List feature finally gets some attention
- Exclusive: LinkedIn goes niche
- Facebook may finally let you turn off those annoying notification dots
- Why Snapchat doesn’t see Chinese apps like TikTok as real competition in India
- The radical idea hiding inside Facebook’s digital currency proposal
- Regulators have doubts about Facebook cryptocurrency. So do its partners.
- Facebook’s new Libra cryptocurrency is set to help the ‘unbanked’ of the world, whether they want it or not
- Facebook’s Libra plan: talk of the demise of central banks is greatly exaggerated
- Facebook’s Libra may be quite attractive in developing countries
- In Facebook we trust? (All others pay cash)
- Facebook’s Libra is a good idea with a lot of risks
- Facebook co-founder says Libra will empower corporations and weaken developing countries
- The crypto community are losing their minds over Facebook’s proposed new currency Libra and they fall into two very distinctive camps
- Facebook accused of stealing Calibra logo from online bank Current
- The week in tech: Facebook’s crypto dream faces deep mistrust
- You don’t trust Facebook to protect your privacy. Why trust it as a banker?
- Facebook’s Libra is a very big deal
- Coming in 2020: Calibra