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
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
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