13. July 2009
We agree that exciting new business opportunities are rare. Given this fact, companies can choose to cast the net wide in search for such opportunities, but at signifi cant cost – both in terms of actual expense incurred as well as the opportunity cost of not focusing properly on the existing core business. Alternatively, companies can take a much more selective approach, as Andrew proposes, but with a risk that exciting opportunities get screened out early. Would Dixons have launched Freeserve using Andrew’s traffi c light approach? Would Carphone Warehouse have launched Talktalk? It is impossible to draw defi nitive conclusions here; we have to accept that there are risks with whichever approach is followed. (Andrew responds: “Both Freeserve and Talktalk were the result of ‘good old fashioned strategic planning’ rather than ‘net casting’. Freeserve would have passed the Traffi c Lights (Dixons was one of the companies in my research), but Talktalk would probably not. So having a tough screen does sometimes cut out opportunities that subsequently prove successful.”) Read the rest of this entry »
13. July 2009
from the “Financial Times”
Where some see only gloom right now, entrepreneurs see opportunity. As the risk averse withdraw, braver business leaders will step forward. An enthusiastic special report in The Economist in March 2009 anticipates a new golden age for entrepreneurship, declaring it an idea whose time has come. Its “triumph” is already assured. But when chief executives and other senior managers look within their organisations, do they see a lot of (frustrated) entrepreneurs waiting eagerly to put ideas forward? Somehow I doubt it. Even if they do, how comfortable are business leaders with the idea of encouraging, still less investing in, new ventures at a time like this? Read the rest of this entry »
10. July 2009
As one of the first Telecom companies, Vodafone is trying to open up and take a big leap towards Enterprise 2.0 design. They streamed their last press conference, announcing their new “Generation Upload” marketing campaign, into the net, allowing users to leave more than 2100 live comments.
Lot’s of cheering, but also very critical voices. Thumbs up for Vodafone to take this brave step and start learning.
I just met another large company today who told me that they decided against a social networking feature on their new web portal because they were fearing negative customer response and bad public reputation. Dealing with this topic requires a lot of thinking and careful planning – but you need to realize, that you are heavily loosing speed compared to new radicals who grew up online and see crowd sourcing and communities as an opportunity, not a threat. Start learning now!
8. July 2009
How to survive “Generation Upload”?
Part 1: Beating Information Overload.
8. July 2009
On it’s blog Google announced a new Operating System as an extension of it’s Chrome Browser – fast, simple, secure – based on open source.
The community’s opinion is polarized:
A) Finally the market for Operating Systems increases in dynamics again and products become more user friendly.
B) Google on it’s way to total digital control.
In any case, a lot of implications and scenarios to be seen.
We will be visiting Google Headquarters in Mountain View again this October.