What does the spectacular collapse of Wirecard mean for Germany? What jobs will AI not take away from us? And who's the chocolate mum?
Enterprise Garage Newsletter | June 29th, 2020
Wirecard and Digital Germany, AI and Jobs
As if Corona, lockdown, unemployment rates and Trump were not enough, now a German digital lighthouse company collapsed spectacularly on the stock market. DAX member Wirecard filed for bankruptcy on Friday after 1.9 billion euros had simply disappeared. Unfortunately, this is not only bad news for investors and employees, but it has also put a damper on Germany's efforts to boost digital companies in the country.
In the article I will go into the reasons and what effects this will have, among other things:
E&Y will implode (as Arthur Andersen did)
Political finger-pointing in Germany with reorganization of the supervisory authorities
Capital market contraction for digital companies in Germany
Germany's digital gap to USA and China will increase even more
And in other news: have you ever wondered, which jobs AI is probably not going to take from us? Read more here.
Quote of the week
"The Corona App is like Tinder backwards.
First, you meet;
Then you get a match from the app;
and all of a sudden, you are very lonely..."
New E-Book: Corona As A Chance!
Whoever told me three months ago that I was going to write a book whose cover would be decorated with a toilet paper roll, I would have just laughed at him. Well, here's my latest book (in German) with a toilet roll on the cover. And it has to do with Corona and our future. Guess who they are laughing about now?
The question of how things will continue after Corona is of great concern to many people. The world is somehow upside down and in addition there are worldwide protests, and this in the middle of a pandemic. How will you continue with your own job? What does the future of my company look like after such a disruption? What technologies should I focus on? And what about aid packages and unconditional basic income?
In order to provide assistance and to better navigate this crisis and the time after it, I have written an analysis in the form of an e-book on possible trends and scenarios in which I discuss the effects of the crisis on technology trends, industries, politics and society.
The table of contents of the 120-page book can be viewed here on page 1 and page 2. You can order it directly from the publisher.
Articles & News
Here is a collection of interesting articles and blogs:
“If you don't build your dream someone else will hire you to help build theirs.”
― Tony Gaskins
In my Foresight-Mindset-Workshops I teach how to forecast the future and realize your own dream. Such a team-workshop includes the following topics, including many tasks in small groups:
Five phases of the Foresight Mindset Cycle
What is Foresight?
Forecast versus Prediction
What are Signals and Trends?
What are Cassandras?
Introduction to the methods
Messages from the Future
Foresight Mindset as strategic discipline
Where does Foresight fail and how can we avoid that?
Ethical questions about Foresight Mindset
The aim of the workshop is not only to have understood the foresight methods, but also to have scenarios and a feeling of a better overview of the future and the necessary steps and procedures. If you are interested in further workshops with 10-30 participants, then let's talk about it. Just send me an email.
Silicon Valley Visits
Even if we all have to stay at home at the moment, the time of travellng, shared experiences and suburban inspiration will come again, and maybe even faster thank we think. In the meantime, here are a few tips on how to prepare for this today.
Here is a complete overview (with videos from past talks) of my engagements this year. They are all around the disruptions in the automotive industry, the Silicon-Valley-Mindset, Foresight Mindset and how to discover trends early, and now also about Artificial Intelligence and its application, which is also the topic of my most recent book.
If you have time and are interested meeting for coffee and discussing those topics, feel free to send me an email.