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Change and Large Enterprises
This Financial Times article by Hasso Plattner, Co-Founder of SAP caught my eye yesterday, while I was thinking deeply about the complications (difficulties) of executing ‘change’ in large enterprises. Fact: SAP is about as rigid of a company as you can imagine, and HANA, the in-memory-database concept which SAP introduced a few years ago, represents…
Why We Need to Disrupt Corporate R&D Spending Patterns!
Firstly, I am extremely bullish on the innovation CAPACITY of large companies (enterprises). Let’s start with a fact: For most of the past three decades, investments made by the entire venture capital sector totaled less than the R&D and capital expenditure budgets of individual large companies such as IBM, GM, or Merck [Source: Architecture of…
BR: Boulevard of Broken Dreams and The Architecture of Innovation
BR: Boulevard of Broken Dreams and The Architecture of Innovation, by Josh Lerner. Josh is professor of Investment Banking at Harvard Business School and co-director of the Productivity, Innovation and Entrepreneurship Program at the National Bureau of Economic Research. I am delighted to be sharing 2 new book reviews with you. To understand the true…
BR: Made In America and Making the Modern World
For the first time, for the following 2 books, I am not providing a Book Review (BR), rather a Book Recommendation. Reason: It is impossible to do just a book review given the amount of content. But I do feel compelled to urge my readers to review the following books. I came across Vaclav Smil…
Why SIRI And Not Watson?
SIRI is defined as: Siri is a voice-activated app that works with the iPhone 4S and iOS 5 to allow users to take action on their iPhone by speaking. Siri can understand not just basic commands, but also the colloquialisms that are common to human speech. Siri can both speak back to the user and…
Automation/Digitization: Yes. Personalization: Not Quite!
I am delighted to see so many industries digitizing their operations. For example, as the International New York Times reported yesterday, the Starwood Hotels are starting to test keyless entry via smartphones for their guests. That is a great example of digitization utilizing smartphones. We will be seeing many more such examples of automation moving…