The rapid evolution of technology has dramatically changed the way organizations operate. But the biggest changes may be to come—when Generation Y employees start running the show, the business world will likely undergo serious structural shifts, Computerworld reports. The article cites Monitor’s report, “Catalyst for Change: The Impact of Millennials on Organization Culture and Policy,” and quotes one of the report’s authors, Monitor’s Celia Berenguer.

The market for traditional Chinese medicine, or TCM, is expanding rapidly, as both domestic and foreign investors gain interest and demand surges, the Financial Times reports. The newspaper quotes George Baeder, Monitor partner and vice president of the firm’s Asia division, as saying that the TCM market is bolstered by the fact that the Chinese government believes TCM “in some cases to be more effective” than Western medicine.

Twitter changed Laura Fitton’s life—literally. Formerly a work-from-home mother “nearing insolvency,” Fitton is now a successful entrepreneur and author, whose Twitter consultancy Oneforty Inc. has $2.3 million in funding so far. Fitton—who Forbes recently named one of the 20 best-branded women on Twitter, and who is also a member of Monitor Talent—was profiled by The Boston Globe for her Twitter and entrepreneurial success.

WikiLeak’s recent publishing and possession of thousands of classified records on the war in Afghanistan has raised larger questions about the power of technology and the use of the “classified” label, writes Jonathan Zittrain—Harvard Law School professor and member of Monitor Talent—in an article for MIT’s Technology Review.

In today’s high-tech and networked world, there is a real opportunity for the philanthropic community to grow and become more successful through enhanced collaboration, new data and new tools. But doing so will require some paradigm shifts—such as new incentives and new types of leadership—to be successful, according to Monitor Institute’s Gabriel Kasper, as discussed in his blog post for the Center for Strategic Philanthropy & Civil Society at Duke University’s Sanford School of Public Policy.

With Singapore’s sovereign wealth fund Temasek Holdings soon to embark on a search for a new CEO, the question remains—will the new CEO be a foreigner or insider? In a recent article on the issue, The Wall Street Journal interviewed Monitor’s Victoria Barbary, a senior analyst based in the firm’s London office. Barbary said the question is “quite a difficult one,” and noted that foreigners may be discouraged by some of Temasek’s policies.

France-based luxury goods manufacturer Hermès has decided to establish a presence in China—the second-largest luxury goods market in the world—with the launch of a new brand called Shang Xia, the Financial Times reported. Monitor’s Torsten Stocker, a marketing expert based in Hong Kong, told the newspaper the decision to keep the brands separate made sense but may present some execution challenges.

Failure is a part of life and an integral part of business, yet many companies avoid it at all costs. However, this attitude does the company no favors—instead, it can stifle innovation and prevent open communication, explains Monitor Talent’s Charlene Li. In an article for the Conference Board Review, Li discusses the importance of embracing failure and learning from it, especially when it comes to innovation and social media.

“Not all revenue is good revenue,” says Monitor partner Tom Nagle in a speech to the Professional Pricing Society covered by Marketing News. Nagle discusses the importance of targeting segments that are the best fit with a company’s operational advantages, instead of solely focusing on top-line revenue. Dominating these segments is the best approach for gaining a competitive advantage, he advises, citing Quad/Graphics, Wal-Mart, Southwest Airlines and Anheuser-Busch as best-in-class with this strategy.