Wednesday, December 18, 2013

Big Biz Inertia

The inertia of big corporations to change. Why do they talk instead of act, meet instead of do? 

They say that half the answers lie in the problem statement. The problem doesn't lie in the businesses becoming big, but in finding out specific points where the corporations loose their agility. Some of these could even be long-term strategic commitments that are no longer valid.

What are some of the long-terms commitments?

  • contracts
  • staff
  • strategy meetings and business direction
  • inventory / scrap
  • technology during its lock-in period 
Where are the areas where such changes could be potentially recognized, but they are not:

  • meetings
  • informal discussions
  • people's own current incentives and political agenda
  • value chain disconnect

I don't think there could be one answer to any change to make corporations more agile internally. However, knowing what the corporation is suffering from internally can require constant vigilance on those issues. I don't think that long-term strategy to overcome such areas would work. Here's where we need tactical action strategy that cold possibly change n real-time in the life of the corporation.

Inertia as you gather rolling mass ?  ( Image Credit: Adapted from http://sethgray.com/blog/wp-content/uploads/2008/10/img_6242.jpg ) 

Friday, August 17, 2012

Future - augmented?

I recently came across an article in MIT's Technology Review titled "Augmented Reality, Wrapped Around Your Finger" which set me thinking:
Will our future be augmented?
We already forsee augmentation in our information consumption - see News channels on TV like Zee News, where a lot of bars run, or NDTV Profit - where a continuous stream of stock data is run! Isn't that augmentation of some form that's run onto a main show?
Augmented Reality devices could enable them to do a lot of things - true - browse a public library or read off websites ! 
more on this here !