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When management gets in the way of creativity (creating value), companies face hard times. This extract is from Zero to One, from Peter Thiel and Blake Masters. Find it here: genius.com/Peter-thiel-ze…
Or get it, here: amzn.to/2ShtwRE
Or get it, here: amzn.to/2ShtwRE
Jordan Peterson is polemic, but he is right on point here. Companies evolve by becoming less creative and more managerial, this senescence arrives earlier for some companies than others, and eventually means death.
In some cases this senescence may not come from "natural" processes within the company, but have external sources. In general there is a wide range of variability about when it may happen, some companies may remain "young" for extended periods of time.
"Remaining young" is sometimes achieved by embracing the hacker culture. The line separating "data driven" from the McNamara fallacy is thin
On one side: cybernetics, fast iterations, feedback loops,…
On the other: bureaucracy, [confirmation] biases,…
lemire.me/blog/2016/04/2…
On one side: cybernetics, fast iterations, feedback loops,…
On the other: bureaucracy, [confirmation] biases,…
lemire.me/blog/2016/04/2…
When in a dilemma about creating value or making profit, it is easy to expect that the former is suicide and the latter survival, but it is often the contrary, especially because any profit without value creation is short lived. Focus.
paulgraham.com/yahoo.html
paulgraham.com/yahoo.html
Of course ethics are to be considered, and the society should provide a better alignment between value creation and profit, i.e. incentives.
trylks.wordpress.com/2018/01/06/the…
But in the meantime, do not cause more dilemmas than those strictly necessary.
trylks.wordpress.com/2017/10/29/har…
trylks.wordpress.com/2018/01/06/the…
But in the meantime, do not cause more dilemmas than those strictly necessary.
trylks.wordpress.com/2017/10/29/har…
If quantification is needed, value creation is inversely proportional to the number of meetings or the willingness to participate in them. Measure that, if needed.
Companies want to outcompete their rivals with better technology, but they keep their researchers tied closely to users/profit, making nearly impossible any blue ocean approach or diving deep in the state of the art.
Moby-Dick cannot be hunted with a rod in the shore.
Moby-Dick cannot be hunted with a rod in the shore.
Always prioritize value creation. Capitalizing on it is much easier that is than trying to capitalize a value captured but inexistent
If anything, you will at least get visibility, attention, and reputation. Those are assets that nobody can take from you
If anything, you will at least get visibility, attention, and reputation. Those are assets that nobody can take from you
If you think R&D are meant to get profit and marketing/sales to get visibility, you got both wrong, in the 21st century is the other way around. R&D creates value, marketing/sales cash on it. A value nobody can take from you is your brand/reputation
Don't be evil, you fools!
Don't be evil, you fools!
We are creating a "low cost" world
China seems to have been ready for it since many years ago
China seems to have been ready for it since many years ago
