THINK Week in Review: The “Father’s Day” Edition

The world owes thanks to Ms. Sonora Louise Smart Dodd – a loving daughter from Spokane, Washington – as it is because of her struggle that Father's Day saw the light of the day. Sonora pondered if there is a day to honor mothers then why not for fathers? She felt strongly for fathers because of the affection she received from her own father, a Civil War veteran. Sonora's mother died while in childbirth when she was just 16. Mr. Smart raised the newborn and five other children with love and care. His daughter began a rigorous campaign to celebrate Father's Day in the U.S. Spokane celebrated its first Father's Day on June 19, 1910. Though there was initial hesitation, the idea gained gradual popularity all over the U.S. and Father's Day came to be celebrated in cities across the country. Looking at the heightened popularity of Father's Day in the U.S., President Woodrow Wilson approved this idea 100 years ago. More ideas to get ready for next week and the future in this week's THINK Week in Review: How Wells Fargo is reaching the digital customer. "I'd say the biggest single thing that is hard for any organization now is just the speed of change and the ability and the willingness to engage with your customers. It's not about selling, it's not about teaching. It's simply engaging with them. And it's helping provide the information and the tools that those individuals need when they need them." We've hit peak human and an algorithm wants your job. Now what? "The days you could just learn Excel and do some fundamental analysis are over. You're going to be working with larger and larger amounts of data, and you'll need to know how to use algorithms. Wall Street will go on - but maybe without as many suits." How Information Graphics reveal your brain's blind spots. "We're only at the very beginning of taking advantage of the ways graphics and visuals reveal our mental errors, our biases, our very bizarre behavior and our blind spots - to our own minds and to the situations of other people." How growth became the enemy of prosperity - and how to fix it. "The easiest advice: Make your users rich. It's really as simple as that. We've moved from an industrial age, extractive economy to a digital age, distributed economy. While industrial processes were biased toward extracting value from people and places, digital technology is more biased toward networking and decentralization. Networks distribute value better than they monopolize them." Our memories are changing. With every passing year, we are shackling ourselves more tightly to our digital legacies, and relying more heavily on computer programs to narrate our personal histories for us. It is becoming ever harder to escape the past, or remake the future. Years from now, our digitally enhanced memories could allow us to have near-perfect recall, but who would want to live with their head in the cloud?