Have you heard of Movember, the annual November event that inspires men to grow mustaches to raise awareness of various cancers, such as prostate cancer? The goal of Movember is to “change the face of men’s health.” Do you know anyone who is planning to participate this year? If you have the capability, will you grow a mustache yourself? While you are reflecting on this challenge, have a look at this week’s best intellectual challenges:
Yes, there’s a Battle for Ages in Financial Services (this year’s Longevity Challenge is based on that insight). “Financial institutions’ success in the near future will stem from addressing the changing demands of Baby Boomers and Millennials alike. A mix of investment in technology and customer care will best prepare banks to offer specialized services, from helping Millennials reduce student loan debt to assisting baby boomers in managing rising healthcare costs.”
Did you know, Millennials have a hard time getting credit cards? “ID Analytics found that Millennials are applying for credit cards at higher rates than Generation X or Baby Boomers (35 percent vs. 29 percent vs. 28 percent, respectively).”
Three companies that got their innovation process right: “So, what lessons can you take away from these highly innovative companies? Maybe your business innovates better with an established goal, like Amazon. Maybe, like Google, setting aside time specifically for innovation would be optimal. Or maybe total and unrestricted freedom and time to cause disruption, like Nike, is how your team works best. The only way to figure it out is through experimentation.”
A science-backed guide to taking truly restful breaks: “The psychological reality is that your mental and physical reserves are limited and it is only by taking frequent short breaks of a truly restful nature that you will fulfill your true potential.