business strategy | May 03, 2016

New Videos: Randall Lane Navigates the Changing Terrain of Business

As the editor of Forbes Magazine, Randall Lane stands on the cusp of what’s new in business—especially businesses leveraging nascent technology to innovate and disrupt. And with Lane at the helm, the publication hit record-breaking readership numbers (6.7 million in the U.S. alone). In these new videos, Lane touches on several timely topics—hot new companies, the startup bubble, big data, terrorism, Silicon Valley vs. Wall St., and the digital revolution—and keeps us up to speed on the ever-shifting industry landscape.

First, Lane tells us about the hottest story in business today: Elizabeth Holmes and her company Theranos. Holmes, barely 30, is “the richest self-made woman in the world, worth four and a half billion dollars on paper.” Theranos aims to revolutionize modern blood-testing practices—instead of waiting days to weeks for critical lab results, Holmes’s technology lets you prick your finger for instant answers. But if the technology fails to deliver, Theranos may turn into a nightmare—for investors and the public.



Lane thinks we shouldn’t be afraid of the mythical, billion-dollar startup bubble, because it’s just that—a bubble. “Any time you’re betting on big disruptive ideas like this, most will fail,” he reminds us. And although he’s optimistic about today’s wave of tech innovation, and about the startup mindset, his faith hasn’t wavered from established entities like Microsoft that still dominate the market.



Can software really keep us safe? In the next clip, Lane explores the secondary potential of big data—to heighten security, eliminate fraud, and even locate terrorists. But do these advancements come at a cost to our civil liberties?



In our fourth video, Lane contemplates the false dichotomy between Silicon Valley and Wall St.—why do we worship one (Steve Jobs, especially post-death) and vilify the other (the average caricature of a WS exec)? If big banks can embrace the Silicon Valley formula, says Lane, they’re less likely to be labeled the enemy. And if your business can too, it’ll stand a better chance of survival in an unforgiving economy.



In the digital age, how much does your physical age really matter? In the past, your rise through the ranks of industry was tied to your age and experience level, but is that still the case? In our last clip, Lane argues that the proliferation of technology has leveled the playing field, allowing digital natives to climb the ladder faster than ever before.



To book Randall Lane—an expert on the new frontiers of industry, purpose-driven business, and the professional advantage of being young—contact The Lavin Agency speakers bureau.

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education | May 02, 2016