Bertrand Duperrin's Library tagged market → View Popular

Filter:
All
Annotated

19 Aug 09

The Next Evolution in Economics: Rethinking Growth

A low-level web of constant relationships, circular, cellular systems where shared, collaborative contributions are the norm, is developing. Here, the value resides with relationships, not transactions. Maybe, instead of buying and selling more and more in a mad race for grabbing the most growth, the future will be about a collaborative, community-oriented regenerative growth model.

blogs.harvardbusiness.org/...new-approach-to-economics.html - Preview

economics transactions cellulareconomic sharing market kaizen growth

The most profound change in a cellular economy is the devaluation of the transaction. Today, economic value is determined primarily by the value of the transaction. To grow (even just to survive), we must keep trading, keep consuming--no matter how wasteful the process becomes--because success is creating more transactions. This keeps us locked into a linear, growth oriented paradox.
Fortunately, (if not painfully), the Internet is exposing the impossibility of sustaining a transaction-based economy. As the net drives the cost of certain goods and services toward zero, it strips profit from transactions.
2 more annotations...
- This "economy of shares" relies on crowd-sourced contributions, a free market, and a fair dose of incentives for sustainability.
- e are moving to a time when transactions can't sustain an economy. We are realizing all systems are like biological systems--even economic ones. Growth-at-all-costs business is malignant.

21 Jul 09

Markets or Communities? The Best Ways to Manage Outside Innovation

According to Harvard Business School professor Karim R. Lakhani, Boeing's approach is an excellent example of how not to manage external innovation. The right way to do it is the subject of an article in the current issue of MIT Sloan Management Review by Lakhani and collaborator Kevin J. Boudreau (London Business School), "How to Manage Outside Innovation" (free registration required).

hbswk.hbs.edu/6242.html - Preview

innovation market communities boeing collaboration suppliers businessmodel motivation openinnovation crowdsourcing

The solution then is to connect with external innovators and invite them to participate with you on your critical problems. Of course, the Internet and the massive reduction in communication and computation costs have made accessing external innovators a much easier task than what was possible 10 or 15 years ago
More practically, working with outside innovators does not mean that all the "keys to the kingdom" have to be given away. Instead, firms can become intelligent about selectively revealing core issues in ways that their IP is protected. Firms like Procter & Gamble and IBM have learned to do this—others can learn as well.
3 more annotations...
- An important element in P&G's effort was to create an infrastructure for external innovation that would enable the various business units to access the outside world. For established firms, CEO interest and commitment is necessary to make this happen.
- Boeing failed on two critical counts. One of the key tenets and advantages of external innovation is that you have access to multiple parallel approaches to solve the same problem.
- Second, my read of the situation from media reports is that Boeing kept a very long arm's-length relationship with suppliers. So problems that came up with various modules were not recognized until much later.

24 Aug 08

Enterprise 2.0 Startups - Know Your Market

Nowadays, very few companies are worried about hosting mission critical applications outside of their own networks. Security is less of a concern, because companies are generally comfortable with Web security. And SLAs still exist, but they’re not the predominant issue. Most companies understand that web-based / hosted applications stay up fairly well, but nothing is perfect.

But even with many of the biggest issues resolved over the last 10 years, companies are still not adopting Enterprise 2.0 at the pace you would expect. And many Enterprise 2.0 startups can’t get the traction they need.

www.instigatorblog.com/...21 - Preview

enterprise2.0 business market sales startup