Is success in business due to luck or hard work? It used to be that if you worked hard and invested astutely in your business that you could expect to be rewarded. Build it and they will come. Times have changed though, and more and more often it seems that all that hard work goes to waste when an unknown (and previously unseen) competitor emerges from nowhere to steal the market from under your nose. Success has become random with the business environment perpetually unstable and in constant flux. The market is hit-driven rather than being based on careful investment. Success now depends on coming up with the right product at the right time, and having a fairly large dose of luck. Business development used to mean investing in your business and building up the assets under its control. Now it means maximising your business’s luck (or minimising the luck of others).
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The new strategic paradigm
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Continue readingThe New Instability for AU$15 the the price of a coffee
If you’re in Melbourne (or possibly the surrounding area) and what to grab a paperback copy of The New Instability? Ping me (there’s a contact […]
Continue readingDynamic pricing and the race to the bottom
I see that online retailers have been admiring the yield management techniques used by airlines and hotels{{1}}. After all, what’s not to like about profit […]
Continue readingMy book, ‘The New Instability’, is finally available
After much effort my book, ‘The New Instability’, has finally found its way through the channel and is now available as a paperback, ePub (iPad, […]
Continue readingWhat recession?
The global financial crisis hit nearly four years ago in 2008 but America and Europe appear to still be stuck in the mud. Even the Asian market has softened. But is this a recession? Or are we seeing a reconfiguration of the economy as the technological seeds laid over the last few generations finally germinated and bear fruit?
Continue readingWhy scanning more data will not (necessarily) help BI
I pointed out the other day, that we seem to be at a tipping point for BI. The quest for more seems to be loosing […]
Continue readingIs BI really the next big thing?
I think we’re at a tipping point with BI. Yes, it makes sense that BI should be the next big thing in the new year, […]
Continue readingWorking from the outside in
We’re drowning in a sea of data and ideas, with huge volumes of untapped information available both inside and outside our organization. There is so […]
Continue readingThe architecture of information
An architectural view weighs in over at Omitted for Clarity, starting a much needed discussion on what it means to realise some of the ideas […]
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