2018-09-03

○ An affordable housing fix○ HQ2 insights from HQ1○ Drinking water’s fragile future▷ The electric megacityBUILDINGBETTER CITIES44September 3, 2018 ○ SPECIAL DOUBLE ISSUE○ China’s superpower ambitions 34○ The miseducation of Elon Musk 21○ Nafta trench warfare 38ADVERTISEMENTHow can I become a better leaderand help others do the same?Focus on ValuesTrust YourselfTake the Long ViewWells Fargo Tech Take When one of the entrepreneurs that I work with calls with bad news, it’s my job to provide them with the confidence they’ll come through, and then help them strategize about how. The great entrepreneurs always find a way through that thicket. I just need to be there to remind them of that.WHO: Bain Capital VenturesMOMENT OF TRUTHWHAT: A leading venture capital firm investing in fintech© 2018 Wells Fargo Bank, N.A. All rights reserved.MOMENT OF TRUTH Leadership Leads to GrowthFeaturing Bain Capital VenturesThe ability to be a leader is the ability to communicate to your team that ‘This is going to be hard. This is going to have a lot of ups and downs, but our mission is a good one and you’re a part of it.— JOHN HUBER, SENIOR VICE PRESIDENT,WELLS FARGO TECHNOLOGY, MEDIA & TELECOM— Matt Harris, Managing Director, Bain Capital VenturesTrust and values are among the top goals customers expect CEOs to focus on:SOURCE: FIRST ROUND STATE OF STARTUPS SURVEY, 2017SOURCE: EDELMAN TRUST BAROMETER, 2018of startup CEOs think they’ll still be running the company in 10 years.53%Hire With CareSOURCE: GALLUP, 2018Organizations that scientifically rank their top candidates for how well they’ll fit into the organization realize:Inspire ConfidenceA good leader inspires confidencein the leader. A great leader inspirespeople’s confidence in themselves.— UNKNOWNPRODUCTS& SERVICESARE OF HIGH QUALITYBUSINESS DECISIONS REFLECT COMPANYVALUESPROFITSAND STOCK PRICE ARE RISINGTHEIR COMPANY IS TRUSTED68%64%60%69%A little outside perspective can provide a lot of clarity. See how Wells Fargo Technology Banking expertise can help your company scale. Find out more at wellsfargo.com/techbankingSPARK YOUR MOMENT OF TRUTHHIGHERPROFITABILITYLESSTURNOVER59%21%LESSABSENTEEISM41%LeadershipTip CardSPONSOR CONTENT)URPIUHVKPLONIURP1HZ=HDODQGWR&DQDGLDQVHDIRRGDQG6RXWK$PHULFDQIUXLWVWKHLQFUHDVLQJO\GLVFHUQLQJWDVWHVRI&KLQHVHFRQVXPHUVSUHVHQWHQRUPRXVRSSRUWXQLWLHVIRUIRUHLJQEXVLQHVVHV$VLPLODUWUHQGFDQEHVHHQLQFRQVXPHUVSHQGLQJRQIDPRXVEUDQGDXWRPRELOHVOX[XU\EDJVDQGKLWHFKGHYLFHV7RKHOSNHHSXSZLWKWKHFKDQJHVLQ&KLQHVHEX\LQJSDWWHUQVWKHĶUVW&KLQD,QWHUQDWLRQDO,PSRUW([SR &,,( ZLWKWKHWKHPHp1HZ(UD6KDUHG)XWXUHqZLOOEHKHOGLQ6KDQJKDLRQ1RYHPEHUsp7KH&,,(VKRXOGEHRQSDUZLWKWKHPRVWUHQRZQHGH[SRVLWLRQVLQWKHZRUOGFRPELQLQJFRXQWU\DQGHQWHUSULVHVSHFLĶFH[KLELWLRQVDQGEXVLQHVVIRUXPVWRIRUPDFRPSUHKHQVLYHLQWHUQDWLRQDOLQßXHQFHqVDLG9LFH3UHPLHU+X&KXQKXDDWDFRQIHUHQFHPDUNLQJWKHVWDUWRIWKHGD\FRXQWG