The Federal Reserve System (FRS, FRB, FED, "the Fed," see Wikipedia) took form in 1913 when Congress passed the Federal Reserve Act. It established the ruling bodies, set up a few oversight committees, and granted certain abilities that were intended to help regulate and stabilize the banking... Read more
It's one of the toughest—and most important—questions in business: How do you mobilize and unleash the best gifts of every single person in your organization? And how do you create an environment and systems for work that ignite extraordinary passion, imagination, and initiative?
Every time there's an Open Your World Forum webcast, I mark my calendar. And every time, something comes up, and I miss the webcast. Fortunately for the absent-minded among us, you can get the webcasts on demand. (Here's where I should also admit to having a short attention span--and loving the... Read more
A draft executive order from the Obama administration recently surfaced titled “Disclosure of Political Spending by Government Contractors.” If signed and implemented, potential contractors bidding on federal work would be required to disclose contributions and spending two years back.
Last week a friend of mine posted on Facebook, “I need a new lawnmower. Any opinions on what I should get?” She received several responses. One person suggested a goat. Another posted a picture of an attractive shirtless man with bulging muscles gleaming with sweat as he worked in the yard. But... Read more
Red Hat's Global Support Services (GSS) organization is accountable for customer loyalty. In that capacity, we're in the business of solving complex technical problems experienced by our customers. In February of 2009, the GSS management team began a journey to determine if we could serve our... Read more
60 Minutes did a segment on The Equity Project (TEP). TEP is a charter school that is publicly funded and privately run in New York City by founder and principal Zeke Vanderhoek. The goal of TEP is to prove that attracting the best teachers and holding them accountable for results is essential to a... Read more
CityCamp is an international unconference series and online community dedicated to innovation for municipal governments and community organizations. It didn't start out that way. CityCamp started as a one-off event, literally from a tweet. That event turned out to be a success beyond... Read more
I’m a capitalist by conviction and profession. I believe the best economic system is one that rewards entrepreneurship and risk-taking, maximizes customer choice, uses markets to allocate scarce resources, and minimizes the regulatory burden on business. If there’s a better recipe for creating... Read more
Open source has achieved a bit of popularity in the tech world, and has even become a bit mainstream. I sadly think this means that many have and will continue to miss the point of what being open source really means. Open source doesn't just mean showing source code. Many people think that such... Read more