Where is the Intelligence in Your System?

As industries mature, they distribute intelligence differently. What do I mean by that? Here’s a diagram that I sketched out when I was at the CEEC Workshop last month: It shows that we can build intelligence about the system in two places – in people or in technology (which can be any kind of tool). […]

Where is the Australian Facebook?

“Sell enough of this software so that we get bought by Microsoft.” That was the task I was given in the startup I joined in my last job before I entered academia. I guess the fact that I’m writing this now tells you how effective I was at meeting that goal… You can actually date […]

Schumpeter & Keynes on an Innovation Dilemma

John and I were talking last week with a CEO for whom we were doing some consulting. His firm had gone through some major stress during the project when their primary customer switched suppliers. The company is remarkable – they are in a traditional industry with a history of poor workforce relations. Despite this, they […]

Are You Entering a Market or Building One?

There is a huge difference between entering an existing market and building a completely new one. To see an example, check this out – it is the very first Apple product, which Andrew Chen writes about in a terrific post: You can see why IBM didn’t view personal computers as any kind of threat to […]