The Prof G Pod with Scott Galloway Office Hours: Robo-advisors, Team Design, and the Consequences of Innovation
Jun 7, 2021
Dr. Sara Beckman, an award-winning professor from UC Berkeley’s Haas School of Business, dives deep into the world of innovation. She discusses the role of robo-advisors in wealth management, emphasizing their need to address client emotions. The conversation also touches on the potential of blockchain technology to address environmental issues. Sara highlights effective team structures and the significance of mentorship in fostering emotional intelligence, shedding light on the evolving dynamics of leadership in modern workplaces.
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Robo-Advisors and EQ
- Consider the functional, social, and emotional jobs your product does for private wealth clients.
- Go beyond investment optimization and address personal, messy situations like wills and business partnerships.
Bitcoin and Environmental Impact
- Bitcoin's energy consumption raises environmental concerns, but proponents argue it incentivizes renewable energy development.
- This sparks debate about its overall environmental impact.
Technology's Repercussions
- When applying technologies like blockchain, consider the repercussions and avoid introducing technology for its own sake.
- Focus on the problem being solved and the desired outcome, rather than just the technology itself.
