John Browne, formally known as Lord Browne of Madingley, served as the CEO of oil and gas major British Petroleum (BP) until 2007, when he turned in an untimely resignation after his sexuality was outed by a newspaper. Browne was in the closet until the age of 60, and kept the secret also because his mother, who survived the Auschwitz concentration camp, had advised him to stay quiet, to “never be part of a minority group”. Browne, who also serves as the chairman of the board for Huawei UK, has written five books, some of which deal with corporate life in the closet. In India to promote his latest, Make. Think. Imagine: Engineering the Future of Civilisation, Browne delves into issues of privacy, technophobia and big tech, and takes a hard look at the role of engineering in the modern day. Edited excerpts from an interview with Forbes India:
Q Based on your experience, and in the context of this book, how do you react to the phrase ‘data is the new oil’?
Partly, I think it’s wrong. Oil is part of energy, and energy is the world’s biggest business. In order to do anything with anything, we need energy; it enables the growth of people, their wealth, happiness, health. But I understand the meaning of the phrase, and that data has become dynamic. There’s so much more you can get out of data. Now that we have the super gigantic hardware infrastructure—which people think is the cloud, but is actually huge data centres with powerful computers—we can find interesting things from data to objectives we set. So it transforms many things we do, whether it’s medicine, health care, traffic control, how we manufacture, and so on. Everything can be made better optimised, and indeed, sometimes brand new things can be done with data.
Q Many see that as cause for concern…
Diese Geschichte stammt aus der December 20, 2019-Ausgabe von Forbes India.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der December 20, 2019-Ausgabe von Forbes India.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Home-Cooked Meal Is Now Greatly Valued
The pandemic has also brought with it an improved focus on hygiene, use of technology in dining, rise of cloud kitchens and resurgence in popularity of Indian ingredients
Paytm 3.0 - Reaching Near Breakeven In Two Years
As of 2020, Vijay Shekhar Sharma’s super app for financial services had run up losses in thousands of crores. Now, as digital payments gets yet another boost courtesy Covid-19, he’s hopeful of reaching near breakeven in two years
THE PANDEMIC HAS CAUSED WOMEN GREATER LABOUR PAIN
Covid-19 has shown that women are more likely to face the brunt of job losses than men, and find fewer opportunities when they want to resume. That apart, several have to deal with increased hours of unpaid work at home and even domestic abuse
LEADERSHIP WILL BE ABOUT SEEING THE BIGGER PICTURE
Leaders must not only guard their teams first during a crisis, but also deal with stakeholders with respect and dignity. And apart from pursuing business goals, they should remain committed to our planet and the environment
PHILANTHROPY SHOULD BE HUMBLE, BUT NOT MODEST
Apart from building a flexible and resilient framework for the future, philanthropists, civil society and the government must work in tandem so that every rupee is absorbed on the ground
INTEGRATED HEALTH CARE, TECH WILL DISRUPT SECTOR
While clinical research will get a boost, having a skilled workforce and public spending on health care will be challenges in the near term
DIGITALISATION WILL HELP IN VALUE CREATION
As the pandemic brings technology and innovation to the core of business and daily life, the next decade will see about 150 million digital-first families in India
Industry 4.0: Climate Revolution?
Augmenting sustainability alongside digital capabilities is an economic, competitive and global opportunity for India’s businesses, but regulations need to reflect intent
EV Dream Still Miles Away
Electric vehicles have remained a buzzword in India for years. But not much has moved on ground due to high upfront costs, range anxiety and charging infrastructure
Living Waters
A virus has caused us to scramble for oxygen but our chokehold on the environment is slowly strangling the very waters that breathe life into us. The virus is a timely reminder: We are merely consumers, not producers of life’s breath on this planet