In the paper and pre-Internet age information was power and organizations had people who just had a piece of information and did not share it with others mostly out of oversight and sometimes out of the intent of holding on the "power." Today with Google,social media, wiki-leaks access to information is just too high andContinue reading “Information is power- or is it? move out of shuffling information as a knowledge worker”
Category Archives: Knowledge Work
America Invents Act 2011 to become law next week: how it might create jobs
President Obama's jobs speech of Thursday signalled the massive reform of US patent law to spur innovation and jobs. It's intriguing that lots of main stream media is criticizing the law given that it was passed in a bipartisan fashion (for a change 89 for and 9 against in the Senate). The mere fact ofContinue reading “America Invents Act 2011 to become law next week: how it might create jobs”
Competing in a knowledge economy: Thomas Friedman on Innovation -but how ?
Friedman's new book with Mandelbaum extols Americans to innovate at every level to get back to the growth and prosperity path. The question is how? Every one is in a "locked" in mode – locked in to the supply chain and distribution channel and of course to the production process."Lockedin"worked till about the late 1990'sContinue reading “Competing in a knowledge economy: Thomas Friedman on Innovation -but how ?”
Will Alan Krueger be able to help with the immediate employment problem?
Alan Krueger has been named to the top job of Chairing the Council of Economic Advisers. Compared to his predecessors Krueger is a far more influential academic. Influence being measured by the number of times Alan Krueger's work is cited in the academic world. To have an entire first page of Google Scholar in excessContinue reading “Will Alan Krueger be able to help with the immediate employment problem?”
Are you caught up in a commodity business like HP ? Try branding and digital distribution
Every business is feeling like a commodity business, all the buyer seems to care about is price and this was brought to sharp focus with HP exiting the hardware business. The HP brand was great but what margin can you really make at final retail prices of $500 for laptops. So branding does not workContinue reading “Are you caught up in a commodity business like HP ? Try branding and digital distribution”
Feedback is really important in the ICT Model of input-process-output
Given the interest of blog readers on the ICT model based on a past post, it’s important to emphasize the value of feedback to the inputs and process part of the ICT model. To recall the ICT (or Information Communication Technology) model is depicted as input—> process—> output with a feedback loop to input from the quality of the output as depicted in the ICT diagram above. The feedback is really important.
So much data and so little insight
Given the enormous amount of domain knowledge that exists in both theory and practice , its sort of amazing that organizations are getting carried away with the sexiness of big data as Jim Goodnight of SAS mentions. You would wonder why all this analysis still leads to the mortgage mess, and debt crisis across manyContinue reading “So much data and so little insight”
Impatience: are US companies losing out in growth markets? American companies down 25% in Fortune 500
According to the Fortune 500 list American companies are down to rank 133 from 176 in 2005 representing an almost 25% decline in top spots. Most of the growth in top spots has come from growth markets like BRIC (Brazil,Russia,India,China). So the question is whether large US companies are doing enough to engage with growingContinue reading “Impatience: are US companies losing out in growth markets? American companies down 25% in Fortune 500”
Web Analytics completely changes Marketing Research and Insights
The amazing thing is that never before has consumer behavior been easier,cheaper or quicker to observe,quantify and analyze for actionable insights.You are able to actually observe what people do and not what they say they do in response to 7 point “like-dislike” scales.
Netflix to stream movies in all global markets, cut out postal services – grow movie industry
Netflix used the US Post to famously distribute movies in America after the founder Reed Hastings was charged late fees for late return of a rental movie to a movie rental store. Netflix involves a monthly subscription of under $10 and you can take as many movies you want, just use US Post and theContinue reading “Netflix to stream movies in all global markets, cut out postal services – grow movie industry”