In 1999, Steve Luczo, CEO of Seagate Technology, “faced an epic crisis.”[1]He has already out-sourced large portions of the manufacturing of disc drives to low-labor-cost countries. Seagate was, at the time, the largest private employer in Thailand. But Luzco foresaw that as disc drives become miniaturized, there will come a day when such drives would [...]
This is an interesting post on using an analogy to obtain business insight: http://swni.typepad.com/dispatches/2007/09/a-high-rate-of-.html
Without doubt, in the annals of human history, the invention of a new system of writing is definitively an example of radical innovation. There is an interesting story of how the Chinese writing system, consisting of square pictograms, were invented more than four thousand years ago. It was arguably the first historically-recorded example of bio-mimicry that resulted in [...]
In PC Magazine (Vol 26, No.16) I came across an interesting analogy between the computer industry and the automobile industry. Written by John Dvorak, he had the following to say: “The computer industry is often compared with the automobile industry, but it has missed the entire “concept car” idea. Every so often one company or [...]
The recent subprime mortgage crisis has enticed many people to think about the difficult issues in the residential mortgage business and seek a better solution. Today, Mark Cuban just proposed such a radical, creative idea in his blog entry: “Solution for the Real Estate Market ? Take Your House Public ?” Mark Cuban, of course, [...]