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Innovative ideas are not solely from the big cities

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It has been couple weeks since the Apps for Good Awards ceremony, and I wanted to write a few thoughts in the aftermath of a wonderful day and school term.

Nearly 23,000 kids, from 700+ academic institutions completed the Apps for Good course this year, and 18 of the very best teams were selected as finalists for the Apps for Good Awards London. Each team that was in the Awards finals experienced the same thing that a startup faces: how does one convey an idea clearly and convincingly in order to get funded, which in this case, is the funding to have your app built and put into the Google Play or iTunes store.

I don’t personally work for Apps for Good, but I feel as if this is my other “work family.” I’ve seen this grow from a small startup idea into something that has broadened my own view of the world.  And it is a great reminder of something we all need to keep in mind. The diversity of our schools and children breeds incredible diversity in ideas and teams which come to the finals. Can anyone genuinely believe that a school from Wick, Scotland has produced winners for three consecutive years? Try to get to Wick sometime from London: you fly to Inverness and drive for 2+ hours or take a flight via Edinburgh. It’s not easy. Wick is about as far away from London as you can go in the United Kingdom, in a very remote part of the country. And yet, they win. Innovative ideas are not solely from the big cities but can come from small communities like Wick. (more…)

Exchange Magazine: The Art of Data

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In the newest issue of Thomson Reuters Exchange: The Art of Data, we celebrate data, the core of our business and the lifeblood of the industry. While our focus is typically on the science of data, we know there is also an art to making data useful, powerful and insightful.

It is estimated that 90 percent of the data in the world has been created in just the last two years. Data visualization tools, infographics and the like enable analysis of data through the mind’s highest bandwidth portal, revealing the hidden beauty of data. They power faster, deeper insight by allowing one to see the familiar in new ways, track change over time, compare disparate data sets, illustrate connections or trace flows, revealing the hidden beauty of data.

Inside this issue: (more…)

Trust Forum Asia: Fighting domestic slavery and slavery in the fishing industry

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The inaugural Trust Forum Asia, held on June 17 in Hong Kong, brought together more than 200 influential business and thought leaders to discuss real solutions to fight modern-day slavery and forced labour across Asia, a region with 60% of the world’s modern day slaves. Watch the wrap video of the event.

Aligned with the spirit and mission of the Foundation’s annual Trust Women conference, Trust Forum Asia touched upon a range of pressing issues, including protecting migrant workers and domestic “helpers” trapped in servitude, to achieving justice for exploited slaves in the multi-billion dollar fishing industry. The Forum also featured stories of survival and looked at the role of corporations in cleaning up supply chains.

It was truly remarkable day. Mrs. Anson Chan, the first woman and the first Chinese to hold the second-highest governmental position in Hong Kong, argued that the welfare of migrant workers must be a joint responsibility between home and host country government authorities. She stressed that both countries must monitor agencies fees and empower workers to know and defend their rights. (more…)

Advancing the agenda: Diversity in the boardroom

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Patsy Doerr is the Global Head of Corporate Responsibility & Inclusion

I had the distinct pleasure of hosting a panel earlier this week at the Thomson Reuters Step-Up Summit, a professional development event for our most senior women clients. The room was full of bright, engaging, ambitious women who we have the privilege of doing business with and working with every day. As part of our commitment to diversity as a company, we are invested in their success and professional development.

Gaining attention

Diversity in the Boardroom is a hot topic. In the news, at conferences and events, diversity & inclusion on corporate boards is increasingly gaining attention. While we see gradual improvement in this space, our own research shows that four in ten companies globally still have no women on their boards. This is not impressive given the make-up of today’s professional workforce. (more…)

Inspiring and celebrating women in technology

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Take a seat to take a stand! This was the call to action as part of the National Sit With Me campaign to support and promote the career development of women in technology at our recent TechVision seminar in New York City.

In partnership with TechVision, Women@Thomson Reuters and the National Center for Women & Information Technology (NCWIT), James Powell, Chief Technology Officer, hosted a panel of distinguished technology leaders. All shared insights about their career path and how to attract and develop women in technology leadership roles.

The event and our sponsorship of the NCWIT reinforces Thomson Reuters commitment to diversity and the development of future leaders.

“Getting girls involved early on in technology will feed the pipeline,” said panelist Avis Yates-Rivers, President & CEO of Technology Concepts Group International, LLC.

Reports show that while 57% of professional occupations in the 2014 U.S. workforce are held by women, only 26% of professional computing roles are held by women. The panelists agreed that there is still work to do to increase the ranks of women in information technology roles. (more…)

Time for pride

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Celebrating our differences, and focusing on diversity and inclusion — of ideas and people — is deeply ingrained into who we are as a company and how we do business. To us, diversity and inclusion means fostering a culture where innovation can thrive, regardless of nationality, disability, ethnicity, gender identity and expression, sexual orientation, age or other differences. It’s something we think about constantly, integrating it throughout our organization, all over the world.

This time of year has a special feeling of celebration of the power and significance of embracing diversity. Near the end of May, 7,000 of our employees across the globe took part in a special two-day event called “The Power of Us.” Those employees took part in 50 events, in 30 countries, via 15 webinars, all aimed at taking a moment to think about how our differences make us stronger. We also launched our new Corporate Responsibility & Inclusion video, “How do you see the world?”.

And now, looking ahead in June, we’re excited to take our annual involvement in the Pride in London festival to the next level. Building on the success of the last two years, we’re excited to be back at Pride 2015 once again as a major sponsor, with participation from our employees across the enterprise. We are also excited to be providing Convene as the official mobile app for Pride in London, which will help everyone navigate the festival and its surrounding events. (more…)

A decade of disorder: Millions on the move

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Last week, Reuters Editor at Large Sir Harold (Harry) Evans moderated a Reuters Newsmaker conversation with David Miliband, president and CEO of the International Rescue Committee, about the responsibility wealthy countries have to support the millions of people fleeing conflict and disaster.

An audience that included our CEO Jim Smith and other employees, representatives from a number of humanitarian organizations and external media gathered at our Times Square office to get some historical context behind the current headlines on refugees from Africa, Asia, Central America and the Middle East – and Miliband’s thoughts on what can and should be done to help.

After an introduction by our Chief People Officer, Peter Warwick, Sir Harry asked Miliband about the scale of the current problem.

“As measured by the number of wars between states, this is a very peaceful period of human history.  But at the same time it’s a period when more people are fleeing conflict and disaster than at any time since 1945.” (more…)

Lessons learned: BHP Billiton fined for providing public officials luxury travel

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The Securities and Exchange Commission on Wednesday charged global resources company BHP Billiton with violating the Foreign Corrupt Practices Act (FCPA) when it sponsored foreign government officials as guests at the 2008 Summer Olympics in Beijing.

As a result of the SEC’s cease and desist order, BHP Billiton agreed to pay a $25 million penalty to settle the regulator’s charges. BHP is headquartered in the UK and Australia and trades on the New York Stock Exchange via American Deposit Receipts, giving the SEC civil-enforcement jurisdiction in this case. (more…)

Innovation: The lifeblood of the global economy

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Innovation is the lifeblood of the global economy, and is in its golden age. In the last decade alone, we have witnessed the introduction landmark inventions, from driverless cars, to bionic limb reconstructions, to the discovery of the Higgs Boson. That’s why it may come as a surprise that we’re reporting that year-over-year innovation growth has hit the slowest pace since the global economic recession.

A new study from our IP & Science business finds that the global pace of innovation has slowed to its lowest level since the recession. The study, which analyzes global intellectual property data — including scientific literature and patents – as a window into innovation in 12 bellwether technology areas, suggests a possible inflection point in global R&D growth in both private sector companies and academic research institutions worldwide.

Following are some of the highlights: (more…)

How do you see the world?

Imagine a world where we can be who we want to be. This video captures our approach to celebrating and learning more about our people, our markets and our world. Our goal is a workplace that makes the most of diversity and helps our employees reach their full potential. Diversity and inclusion means fostering a culture where innovation and intellect can thrive, regardless of nationality, disability, gender, ethnicity, gender identity and expression, sexual orientation, age or other differences.

Learn more at thomsonreuters.com/cri.