applied know how
China is the world’s manufacturing hub… and while it innovates occasionally and has few world class Brand’s, China has one outstanding advantage… it still makes stuff.
And because Chinese workers produce most of the world’s goods, it means that they’re capturing most of the process and manufacturing knowledge that comes from the production process.
i teach strategy and the basis for great strategy is your internal advantage meeting an external opportunity creates potential success. … Read more
I’ve recently watched two HBO productions that had me thinking : The Inventor, a documentary about the Theranos scandal, and Chernobyl, a mini-series of the worst accident in nuclear history, but which captured a basic truth about why it happened. “The Chernobyl disaster was more about lies, deceit and a rotting political system than it was about bad engineering or abysmal management and training.”… Read more
Most commentators bemoan the impending impact of robots. Forbes magazine commented 93% of investors say that artificial intelligence is going to destroy jobs, and smart robots are putting 10.5 million U.S. jobs at risk, according to one report.
Robots will take our jobs. Robots will put mankind out of work.
A simple look at some data will actually show the exact opposite.… Read more
Uber has effectively sold itself to its investors as a tech company that simulates countless one-on-one negotiations between drivers and riders that, on an infinite timescale and with infinite patience is very much a technological product.
Except Uber isn’t quite doing this– its employing drivers who use their own cars to replace taxis (and delivery vans). Its clearly limited to the physical world, and isn’t infinitely scaleable at no cost.… Read more
In a TED talk by BCGs Yves Morieux suggested six simple rules to manage complexity and improve agility and effectiveness.
These rules are worth sharing. The world is getting increasingly complex. There are more demands from customers, shareholders and regulators. There is ever-increasing competition. The change is occurring faster and it is getting difficult to create value. Organisations typically respond by adding more rules, structures and scorecards.… Read more
