Tag Archives: innovation

Meritocracy isn’t Democracy by Jim Whitehurst, CEO of RedHat

Interesting 6min video interview during which Jim Whitehurst, CEO of RedHat, explains what “Collaboration” means to RedHat employees from Top to Bottom:

http://www.managementexchange.com/video/jim-whitehurst-how-do-you-cultivate-trust

 

Steve Jobs’ 2005 Stanford Commencement Address (with intro by President John Hennessy) – YouTube

Steve Jobs’ 2005 Stanford Commencement Address (with intro by President John Hennessy) – YouTube.

Of course, there will be a lot of people to talk about how truly unique Steve Jobs was. For me, he will be mostly remembered for his extraordinary commencement speech at Stanford in 2005: maybe more than a highly successful business man, he was simply a Great Person !

God bless him !

From eGovernment to GaaS

We see them all over the place these days: Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS),  Everything as a Service but GaaS, this was the first time I saw it in a paper and while reading it, it really started to make sense. GaaS or Government as a Service is the public sector implementation of “big data” on one side and “Everything as a Service” on the other side or IT innovation at the service of Citizens of all nations. This is a very ambitious and impressive public sector project where emerging countries like Kenya and Georgia are showing the way.

Interested? Read on…

Innovation in government: Kenya and Georgia – McKinsey Quarterly – Public Sector – Management.

Growth under pressure

It has been a while since the last time I read a courageous article about what the private sector shall do to support economic growth again. I finally found one on McKinsey: What businesses can do to restart growth

Enjoy !

Apple Now Worth As Much As Microsoft, HP And Dell … Combined

I found this amazing news on an RSS feed earlier today. This is from TechCrunch and the full details can be consulted here.

Last week I came across this and had a hard time to believe what I read:

Firm: Apple surpasses HP as largest buyer of chips
Associated Press, Also appeared in Forbes, CNBC, San Jose Mercury News, Austin-American Statesman, 06/8 , Peter Svensson

NEW YORK — Driven by the success of the iPhone and iPad, Apple has become the world’s largest buyer of chips for computers and phones.

A research firm IHS iSuppli said Wednesday that Apple bought $17.5 billion worth of chips last year, surpassing computer maker Hewlett-Packard Co. as the largest consumer. That was an increase of 80 percent from the year before, reflecting Apple’s continuing sales surge.

According to iSuppli, an iPhone contains about $80 worth of chips. The chips include the central processor that acts as the brains of the device, radio chips that let it talk to cell towers and the audio chip that converts the owner’s voice into a stream of data.

Looking at this from a distance, it is amazing to see that a company that almost went bankrupt a few years back was able to reinvent and turn itself upside down so successfully that they have become a trend setter and a Leader entering into the XXI century.

It would actually be interesting to understand from the inside how such a rebirth was made possible as large corporations usually struggle to reinvent themselves with only a very few exceptions…

 

 

 

 

It’s time to reinvent Management by Gary Hamel

Interesting 15min video during which Professor Gary Hamel navigates through the history of Management over the last 120 years. He then rightfully argues that yesterday’s management mantra’s do not work in today’s world of constant change and innovation. It is time to reinvent management, management for the future, management for the human beings. For him, management innovation will not come from Fortune 500 companies, it will come from the fringes and will become mainstream steadily over time. As employees, we can only wonder: How much time will it take for us to get there? Are we talking years or decades? Do we need a new generation of fresh leaders to see some of these disruptive ideas picking up and becoming main stream? Last but not least, how can we contribute to speed up that process? How can we become Management Innovation Champions?

If these questions ring a bell for you, then you should become a member of the Management Innovation eXchange forum: the MIX

Come and join us to grow the community of Management Innovators !

The Old Capitalism is dead. Long life to the New Capitalism !

We are all used to all kind of activists in favor of replacing the current system, whatever it is: economical, political… whatever.

However, when a renowned organization like Harvard Business Review (HBR) invites someone to talk about reinventing Capitalism. This may be an early sign that a wave of change may be coming and it may be bigger than we currently think.

No matter what happens next, well, it is not harmful to dream of a better tomorrow 😉

Is Google on the decline already?

In this 8min INSEAD knowledge video,  Silicon Valley veteran, Adeo Ressi, argues that there are clear market indicators that Google is on the decline already and the trend is here to stay as companies like Facebook and Twitter continue to make their way in the new connected world…

Effectuation Part 2 by IMD Professor Stuart Read

Interesting second video during which IMD Professor Stuart Read argues that managerial principles, models and theories learnt in business Schools may not enable entrepreneurship and support an entrepreneurial spirit but hinder it instead… Why? Because they overlook the personal dimension of most new ventures started off by a single individual as a personal project .

Here are some of the common questions an entrepreneur would go through when considering a new venture:

  • How much time and money am I ready to invest into it (no matter how compelling the business case may be)? If things do not play out as well as I anticipated, how much am I willing to lose personally?
  • How can I make the best use of what I already have and the people I already know?
  • Whom do I know in my surrounding that will want to put some skin in that venture with me?

Presented that way, it becomes a lot clearer why you do not need to hold a MBA to be a successful serial or expert entrepreneur. We often believe that successful entrepreneurs had a brilliant idea, which they were able to turn into a successful business. What we tend to forget is that very often the ultimately successful business had in reality very little to do with the original idea. What made the venture a success was actually less the original idea itself than the discovery and development process that the entrepreneur had to go through in order to do something with his idea.

That’s the fundamental principle embedded into “Effectuation”: Having an idea and doing something with it !

IT growth and global change: Ray Kurzweil interview – McKinsey Quarterly – Strategy – Innovation

IT growth and global change: Ray Kurzweil interview – McKinsey Quarterly – Strategy – Innovation.

Utopia or dystopia? Vision or tomorrow’s reality? Time will tell how much of a visionary Ray Kurzweil was but I did not hear in everything he said something that seemed science fiction or extra-terrestrial to me. One thing is sure, technology is indeed progressing at an exponential pace rather than a linear one. Some will perceive it clearly as a threat when others will see opportunities for a better tomorrow. Again all a matter of perspective and opinion. But in reality, we are in the driver seat (who else would be?), we can decide where and how to apply technological innovation in order to solve mankind problems.