Saturday, January 31, 2009

Future of enterprise

Late again.... I think i need to put a reminder in my calender for reminding this again and again.
Class started with an interesting question of future of enterprise...
I could not grasp the question properly and thought the future of enterprise will be something where each country will be an enterprise and fulfilling the need of other countries. Which is happening essentially to some extent even in today's world. China expertise in low-cost goods, France and Italy for fashion and wine, India to some extent in IT and USA for technology and defense goods. But after an interactive session in the class i found that with this thinking instead of going to future, i actually rolled back to past.

Future of enterprise should be:
1. Beyond imagination.
2. Things should get done before an eye blink.
3. With change and go green and waste management communicative etc...

Some people under estimate IBM or think of it as a old guy with dull nature but i feel IBM is the perfect example for such a place which is bringing all what we say and think in the class to reality and i feel though reading about IBM does not gives the whole perspective of market but IBM's strategic thinking and planning put them on top of world thinkers.
Anyways i am doing any IBM propaganda so enough of this.

With underdeveloped countries moving towards development, the disparity between nations like Canada and China is decreasing and i feel in future world will be truly flat not only in terms of communication but also in terms of finance, expertise and education people possess.

With this i say adieu to all... lets make dinner..

Tuesday, January 27, 2009

Globallisation...

First thing i did after lecture was to download my old friend wordweb dictionary.
As a manager Communication is essential element in overall personality and it's not the communication which complement business and technical knowledge but it's the other way around.

I believe that outsourcing business process is threat to national security as national security is not just defined by border issue or violence caused by outside element. It's about emotional, personal as well as professional security and certainty in life of people of nations. Past few years have seen many such cases when SSN details is being misused by outsourcing agencies for monetary benefits.
Though with appropriate put of trust, this threat gets converted into a win-win situation for both end parties. Technology has compartmentalized business and globalization (multi nation culture ) leverage this to maximize the deal in this small world. But as usual nothing comes free, threat of misuse of resources, national unemployment and fine degree of interdependence and interlinking of both economies is some of the consequences one has to live with and hence it becomes the responsibility of governing bodies of two nation to make sure that things work perfectly fine and constructive trade regulation makes sure that a long-term relationship keep flourishing.

Ultimately its all about money. Sometimes i feel globalization is just a hyperbole used in the periods when economy flourished more than expected and hence making it easier for companies to think of a border less world. But just a jerk of economic crisis is melting down the whole building. Senator is asking these so called global companies to fire foreign nationals first. Where globalization disappear?

I wonder is it technology which drives the business or other way around. same old chicken egg problem. One good thing about this globally spread enterprise is that its value chain has wide reach and if you are not global then its difficult to survive. I believe that problem of Canada was not lack of technology but it was being local.

So let's Think high Think global.

Saturday, January 24, 2009

2016. Our FuTure, next innovation

Every human being is worried about future. Their is no one who do not want to know future except he is omniscience or give up case in life.
I envision a software which will tell people about their future. No rocket science. Just digitizing the already present streams of science to make it usable and opening it to wider community. Wondering what the hell i m talking about. It is nothing but a interactive palmistry software.
What a palmist actually does. He looks at various lines present on your palm and according to some established rules and beliefs predicts your behavioral attribute and some important aspect of future. And with a claim that this can be wrong. But the craze is so high that in Bangalore( India's IT hub), a full scale mall is devoted to palmist where each one owns his counter and people come, show their hand, listen to some crap, flounder money and go back to normal routine of life.

If one can feed or teach the same rules of reading palm to a computer and provide a interactive interface where one can draw lines as it is there on his hand then Computer can also do the same job which world-wide many palmists do. Apart from this, it'll be a great learning tool for many scholars. This might be a big heat as curiosity of success or failure in this competitive world lead people to this stream of science and my experience shows that in countries like India where one is always fighting for survival, 99.99999999999% of people shows there hand atleast once in life time and many do it daily (if the palmist is not charging them for any reason). Even in country like USA, people are curious about it but reluctant because of their sophistication and it conflicts with their scientific thinking.
So the whole point is to build a interactive palm reader which can read your palm and predict your behavioral attributes and tentative course of future with a claim that it can go wrong.

OK bye for now, i am feeling hungry again. :)

Give And taKe... It's all about BUSINESS

Every new product gets launched with a apprehension, anxiety and mystery of success or failure. Use of social network to create advocate and build trust in the market is finest example of use of value2.0 in product success.
I envision a marketing cum critique agency which will forecast on success of a product in the market. This agency will contact big/small business houses which are about to release a new product in the market. This agency will act as a Beta tester of the product and provide feedback on product usability. Also it helps in creating digital and real marketing hype for the product which helps in creating a positive vibes for product in user's mind. Recently failure of window vista is attributed to the negative vibes in user mindset against vista before even product got released.
The difference with existing marketing agencies is that their role is limited to blind market the product without themselves using and assessing it. In this case, the critique component will work from the beginning with software development and establish a synergy between technology and marketing from the beginning.

E=mc^2

Being a Computer Science student, my mind started throwing ideas on rule#8 of value 2.0. I will define my business model, innovation and services basing around this rule. Modern world is fast paced and there is always a lack of time hence people use ready made food, frozen shopped vagetable etc. which is quick to cook and serve. Extending the idea of quick food to information technology, What if a person need a website in 5 minutes or he needs a software in half of the usual time practice. Is there any IT company which specialize in speed delivering. I propose a business model of rapid software development with use of collaborative open source knowledge.

Nowadays software developer works more for open source than for a company which employs him because
1) He feels a sense of ownership in open source work.
2) He gets recognition of wider community.
pareto principal applies here as well. In any team 20% of people handle or develop 80% of code. No one remembers syntax. Internet is source of knowledge where one usually gets all the basic design templates to make some thing work. Large number of developer's job is limited to search-put-work model. This model is 1) search for design pattern 2) put at appropriate place in the code with little modification 3)get it working. I envision a software where you just need to specify high level requirement in step by step manner or some algorithm and corresponding design patterns will be searched on internet and your final code will be ready within a minute of click.
Its similar to put the readymade food in microwave and serve. If you have the algorithm then input this to envisioned product which will fetch the code pieces from internet and get the final software running.
The competancy of this product is fast delivery of desired software and better use of the resources available around us. Obviously automation does not remove human completely from the picture but this can lead to substantial reduction of design and development time frame of software.

VALUE 2.01 (nightly build)

This is height of procrastination. According to some research, without proper revision a normal human being can only remember 18% of what he learns in whole day. Now because i delayed this by two days hence my productivity will come down to (18/100 * 18/100) which is just 3.54% of whole day. so a good lesson is blog it as soon as class is over.
Class started with sir Einstein quote which reminded me of a similar quote "great people discuss ideas not the events and individual". Doug gave some fantastic example and figures in context of world growth rate and impact it of people's life.
Surprising was the fact that number of transistor generated are more than number of grains pieces.
As the the technology is changing and progressing, world is becoming closer and compact. Distances are getting shorter and borders are becoming meaningless. With proper channelization of networking innovation in market by business leaders , we have been able to see world as a global perspective with seamless flow of innovation, technology and modern ideas between the different places, people and culture. But these advances comes at a cost. The flip side is
global warming and devils hidden in detail. Can you imagine that only 3% of energy provide to a data center is used for actual computation. The recent elected US president has announced a $3 trillion green infrastructure investment to make world a better place to live.
Initiatives in green infrastructure to handle the side effects of recent technological advances is one of the fine example of interdependence and synergy of technology with new business domain, business ideas and modern advances in human life.
The article on value 2.0 opened a new thought chain in mind. Survival and success in business is about inter-personal skills or business acumen? Obviously that both go hand in hand and one need to have a fine balance of both.
While discussing value 2.0 i felt that Long tail of demand was more important because people are more tending to personalize things. Doug mentioned about pareto distribution and 80-20 rule.
Success of idea of sending a digital gift showed the potential in digital market. while corporate meeting and product marketing on virtual world exhibited the strong potential in virtual world business.
discussion moved from business model to customers. Many thoughts are pumped in and thrown in the class and the essence was to establish a network socially or internet based. The customer relationship float around the trust and satisfaction given to customer. The third piller of value 2.0 was about about business model flexibility and collaborative innovation.

So the 3 value 2.0 pillers are
new markets
customer
business model
The combination and balance of three will certainly decide the success of business and hence the technology as well.
But usually you are not the only one in some business. This balance can be achieved by many in the market. What is so unique about you which attracts customers and helps in sustaining and flourishing your business. This is called competency which makes you special.
Doug talked about importance of social role and image with analogy of ice-berg and hidden explosion.
He talked about kind of people and doctor-A doctor-B comparison.This seemed to me a comparison between Apple and Google. though it does not seems fit.
This was followed by most interesting part of lecture where all of us tried to define valued relationship from our perspective on scale of personal/business competency, action etc.
I found trust, personal business acumen, ability of operate form client proint of view as the most fundamental points for attracting customer.

One point where i was bit lost was connectivity in context of discussion in the class. I am wondering that how did the discussion move from value 2.0 to competencies as competency was more about personal skills while value 2.0 was tilted towards business strategies.

OK enough of writing. Feeling hungry right now . Bye bye

Wednesday, January 21, 2009

It's cool to be me ;)

Attending this lecture revived my memories of Internship days at IBM. The brainstorming interactive discussion, energetic classroom full of people from different cult, background and each one special in his own way was a feeling of deja vu. It was a nice change from (sometimes) boring, deeply technical core computer science stuff where one get burdened and lost by some glitch which drive you crazy and somewhat bald (as in my case).

Before this class, I never thought how special i am? I was always afraid of such questions because it sounds like self-praising and i usually get stumpped whenever someone ask me such question. But i am happy that i found not one but many reasons of feeling special. I am yearning to get involved and experience the intersection or to be precise synergy of tehnology and business in coming weeks but one point which i am still thinking about is what might be the next innovation that will change the face of this world after present deployment cycle. Also why the engineering automobile age(1908 - 1971) took so long to get mature. One reason might be that it faced two world war in that period which spanned almost 10-15 years.

Looking at the presentation again, i found one interesting point. In sequence to last observation:
1771 - 1829 == 58 years (this period saw the well known great danish war during 1801-1814 when sweden, netherland, russia and denmark launched seized all the ships of british army and trade and mind you britain was the main force behind development of railways.) so effectively this comes to be 44 years.
1829 - 1873 == 44 years
1875 - 1920 == 45 years
1908 - 1974 = 66 years (but this period saw two biggest war, world war I and world war II so just cut 20 years) so effectively 46 years.
1971 + 45 years(approx) == 2016 {So according to above theory, this is going to be the year of next phase of innovation and development}

lol, this analysis looks funny to me. But now that i have written so much crap so lets see how others comment on it.

See you all tomorrow. good job Doug.