Hult Alumni Magazine NEW Edition Hult Alumni Magazine 2017 | Page 15

Moving closer toward the internet of things
How to build a great company
Corporate diplomacy and geopolitical risk
How to win in the sharing economy
Timothy Chou , Stanford professor and former CEO of Oracle On Demand , gave a fabulous talk entitled “ Toward a Precision Planet ” to conclude the first day of the summit . Chou , widely acknowledged as a pioneer in cloud computing , shared his thoughts and made participants reflect on how software technology can change our planet by being able to deliver common things such as precision farming , healthcare , power , or water . As Chou affirmed , “ Technology is going to keep impacting every day , building things we have never seen before . For the first time , those of us in software might not only change the virtual world , but also the physical world , transitioning from the internet of people to the internet of things .”
Chip Conley , Head of Global Hospitality and Strategy at Airbnb , gave a phenomenal keynote speech on how great companies get their mojo .
Using Maslow as his inspiration , the founder of Joie De Vivre Hospitality — California ’ s largest boutique hotel company — provided alumni with many inspiring ideas and firsthand experiences on how to instill a culture of recognition in companies and create happy and passionate employees . Conley shared his perspective on how this approach helps attract and engage the top talent in any company , develops a loyal customer base , and helps build a sustainable and profitable business .
One of Hult ’ s most distinguished professors , Cari Guittard , delivered a Master Class on corporate diplomacy and geopolitical risk . Her expertise in global affairs allowed her to relate to Hult ’ s global alumni audience and identify top trends and shifts in our global economy . Her Master Class touched on the relevancy of diversity , human values , and sustainable development for succeeding in business and impacting our global economy . She challenged delegates to answer the question , “ What does being a Hult alum mean to you ?” Hult ’ s alumni were highlighted as global citizens who understand their responsibility to create and foster a positive impact in the world .
Hult professor Ted Ladd concluded proceedings with a Master Class entitled , “ Five Ways to Win in the Sharing Economy .” His entrepreneurial mindset and passion for the topic gave alumni a rare look into the evolution of the sharing economy . His solution to win in a sharing economy revolved around leveraging multiple sales points , careful design , buying early market share , seducing regulators , and increasing organic switching costs . He was able to highlight the success of companies in the sharing economy and illustrate the importance to our economy of adapting in the ever-changing business landscape .
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