Showing posts with label Efficient Economy. Show all posts
Showing posts with label Efficient Economy. Show all posts

Monday, July 1, 2013

Competing in the Efficient Economy- Chasing the Zebras


"I look for zebras because other doctors have ruled out all the horses." — Dr. Gregory House Medical students are taught that when they hear hoofbeats, they should think horses, not zebras, but Dr. House's unique talent of diagnosing unusual illnesses has made House, M.D. one of the most popular and fascinating series on television. In Chasing Zebras: The Unofficial Guide to House, M.D., Barbara Barnett, widely considered a leading House expert, takes fans deep into the heart of the show's central character and his world, examining the way this medical Sherlock Holmes's colleagues and patients reflect him and each other; how the music, settings, and even the humor enhance our understanding of the series' narrative; what the show says about modern medicine, ethics, and religion; and much more. Complete with an episode-by-episode guide and numerous interviews with cast members, producers, and writers, Chasing Zebras is an intelligent look at one of television's most popular shows.

http://www.amazon.com/Chasing-Zebras-Unofficial-Guide-House/dp/1550229559

http://en.wikipedia.org/wiki/House_(TV_series)

http://www.amazon.com/House-Psychology-Humanity-Is-Overrated/dp/0470945559/ref=pd_sim_b_3
Everyone lies
Humanity is overrated.  ..

#
As mentioned before, my options are quite limited.  ... 

Scenario modeling f/ short cycle can be done. But people are too lazy to collect 

relevant data,. 

They google the information through the use of a few general words.   

That is intelligence collecting by the amateurs in the 21st century.
#

# Class of 2013: You Can’t Make a Living Just by Solving Problems

May 21, 2013
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It is now my great pleasure, graduates, to welcome you to the Real World – a world that is quite different from the Real World my own classmates and I first encountered a few decades ago.
When we graduated, finding a job and earning a salary was pretty much the only way to go. But today such jobs are no longer so easy to find. In fact, the data shows that by 2020 more people in the United States will be working for themselves than are drawing salaries, with most of the salaried employees being older, and most of the self-employed younger.
And then there are all the changes brought on by computerization. As highly interconnected and computerized as we are today, by the time you young graduates reach retirement age you'll be roughly a million times more interconnected and computerized. And what is it that computers do? They solve problems, that’s what. They solve any kind of technical or mechanical problem involved in creating the things that have economic value. So the more computer power we have – and we have twice as much of it every 18 months or so – the more problems computers will be capable of solving.
In fact, if you can state something as a technical problem that has a solution – a task to be completed – then eventually this problem can and will be solved by computer:
It shouldn’t be a mystery where all the salaried jobs have gone, because problem-solving jobs like these – jobs that pay perfectly good wages to human beings, or at least used to – are virtually all being automated away. It’s not a question of whether enough computer power will be available to solve these problems, only of when.
There are only two ways to “beat the clock” against the kind of galloping automation already consuming so many jobs. One way is to become very good at dealing with interpersonal issues – people skills. We are all much more interconnected, and our economic activities are more and more interdependent. So resolving the people-to-people issues that plague organizations and groups of cooperating people is a skill that is likely never to go out of style, and it's obviously beyond the capabilities of any conceivable computer.
The other way to beat the clock is not to focus on solving problems but on discovering them. Discovering new problems is something that computers can’t really do, and are unlikely to be able to do in your lifetime. Discovering new problems is otherwise known as “creativity.” Andcreativity, graduates, is one of the most important keys to generating economic value. By its very definition, creativity involves solving a problem that wasn’t there before.
Maintaining a creative and open-minded outlook and relating well with other people are likely to be extremely important skills in whatever career path you choose, bar none.
  • Launch a business on your own, even as a free-lancer, and you won’t be able to land a customer until you’ve discovered some problem you can solve better than a computer, and you have enough interpersonal skills to convince someone else that you can.
  • If you go into sales, your prospect will be able to use computer power to solve the problem of evaluating your product’s capabilities, but you’ll still be able to generate value if you can converse with her in such a way as to discover new problems to solve.
  • Go into finance, and your computer will solve the problem of making profitable trades based on trends and probabilities, but you can generate value yourself by thinking creatively about financial problems that haven’t yet been solved.
  • If you go into teaching, computers will take over more and more of the problem of basic instruction, but you’ll still be able to generate value as long as you can come up with new pedagogical perspectives, or you can creatively improve a student’s performance through your personal relationship.
  • Even if you’re graduating pre-med, you won’t be able to generate economic value for long simply by solving the problem of operating a scalpel or interpreting a CAT scan. Rather, you’ll need to discover new problems, perhaps by doing research, or perhaps simply by listening more creatively to a patient’s own description of her symptoms, human to human.
Gosh, I just wish I were your age! What a marvelous time it is to be alive, and to be joining an economic system that prizes originality over conformity, and relationships over transactions. It truly is a wonderful future you face, even though it will be radically different from the future my colleagues and I faced when we were your age.
There is one more extremely important piece of Real World advice I need to leave you with, however. Technology is advancing so rapidly that things have become a lot less predictable than they used to be. No matter how good you are at discovering new problems to solve and relating to people, there will be ups and downs, bonanzas and disasters, that you simply cannot anticipate. No one could.
So how do you prepare for such unpredictability? How do you increase your chances of success, and remain resilient in the face of the occasional reversal? There is only one sure-fire way to prepare for such a changing world, and it is one of the most time-tested, old-fashioned ideas known:
Always be trustworthy to others.
Live your life in such a way that others can trust you. Do this, and you’ll find that others will come to your defense when you need defending. Others will want you to succeed. It won't insulate you from failure, but it will make failures more tolerable, and recovery more achievable.
Technologies may come and go, problems to solve and the business models required to solve them may appear and disappear, but having the trust of your friends and colleagues – that is a genuinely timeless asset.
And, you’ll be happier. You can trust me on this.
Photo: Paper Boat Creative/Getty Images
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Monday, January 14, 2013

How Things Work in the Information Economy

This past Thursday,  a U.S. government agency  discovered  that an important portion of the pervasive web browser was compromised.  The basic solution was to disconnect the Java component from the browser.  On Sunday, the initial solution was provided by Oracle's Java division.

It is not over yet. The long term solution is still two years away.  Be cautious of your various interactions on the web.


Lesson

Getting off the information grid would be quite challenging  for those who felt that they were being hoodwinked by the techie gods and the pseudo visionaries..

Bugs will constantly occur in technology. They do get fixed.   Those who were affected by it, learn this important lesson- life goes on.   


Perfection is an illusion.  ... Do not be overly depended on technology. This is the red pill of the information economy.  

This post has been updated.  #

Sunday, November 25, 2012

A Compass View of Some Unique Information Economy Rules

Following are a list of pretty good rules for Information Age Innovation
  • The blue colored text is from Alidade.net
  • The black-colored text are our comments 
The things that surprise you are good indicators of how innovative you are.
Seeing how unrelated things are connected together in an effective way is a better indicator of how insightful that a person is  Being mindfully insightful is the step before innovation.

Amateurs discuss principles and technology, professionals emphasize  process.
In any strategic-driven venture, the amateurs are always talking about the principles of general leadership and the tactical abstract. Talk is their specialty.  (The Cult of the Art of War is famous for that.)

The professionals are centered on utilizing their principles-supported (and rules-based) process models while mastering their logistics. The procedures supported the specific rules.  The specific rules supported the principles.  It is that simple.  

In order to succeed in a chaotic setting, they also built various contingencies strategies to their process model for pursuing opportunities.

"Innovations" that do not improve your process model (or product) more than 3- to 10- fold are mere improvements and not likely worth upsetting the status quo to implement.

A characteristic of Industrial Age processes is that information and decision making are captives of the physical structure.
The successful strategists are usually focused on making decisions that go beyond the physical structure.

Information-rich processes are characterized by and sustained with diversity.
A well-tailored information-rich system that is constantly updated with a diversity of relevant information, will benefits its implementers. 

Successful strategists are constantly assessing the state of their terrain (and beyond) while positioning themselves toward an effective state of influencing.

When diversity is lost, processes typically fail.
All good process models usually possess well-strategized contingency rules. They only fail when people failed to implement the "adjust to evolve" rule.

The criteria of a good process model must be generalized  enough to cover the requirements of the settings. The process model must have the rules that enable the implementers to adjust its scope. 

A brute-force solution wastes money and effort while remaining inferior to more clever solutions.
A solution with a limited scope, usually have negative impact when . Building and implementing a clever solution begins by seeing the big tangible picture of one's grand settings and beyond.

All the information about a system is contained within the system. Extracting the information properly and acting on it, is the most difficult task facing the chief decision makers.

The most trivial type of information in an information-rich process is the location of the physical elements.
The other trivia are people's opinions and gossips.

Prediction and causality have useful meanings in Industrial Age processes but are problematic for information-rich processes.
Sometimes, people make predictions without any sheer evidence. Their claims are worthless. The Dao De Jing declared that those who know how, do not say.

Simultaneously, we are overwhelmed with mountains of "high noise and low signal" information that possessed the value of near-zero.

The keys to prevailing over this situation are:
  • Know the approach for collecting the right data; 
  • Know the approach for assessing the data strategically; and 
  • Know the approach for staying focused while avoiding contentment.
Information Technology has about as much to do with Information Age processes as the internal combustion engine has to do with Industrial Age processes (See Rule #2).
It should be obvious.

The Laws of Physics still hold. Particularly for information.
The physical laws of one's settings (and one's own technology) should always prevail over the scope of any information.

If you want a new idea, read an old book
To discover a new idea, read a classic that well-respected experts have considered as a super text. (Make sure it is a relevant translation.)

During your reading, focus on how things work and how things are connected.  It is that simple. The other alternative is to walk around and be aware of one's own settings.  


Food For Thought
Q: If your competition has a similar toolbox (resources, process, etc.) like yours, what would you do to gain a strategic advantage? 

Side notes

When efficiency hits its limitation, innovation becomes the immediate goal. The chief decision makers must now focus on the building of  a special tool that provides a higher performance standard to the users. When a high quality tool can be configured to many unique situations, the user now has a grand advantage against their competition.

Friday, July 13, 2012

Compass Trend #25: Inefficient Cities Going Chapter 11


A few months ago, we posted an item on the possible causes behind the various cities going bankrupt.  ...  Stockton,  Mammoth Lakes, and San Bernardino have recently joined this unique group of  bankrupted cities.


In your view, what are the possibilities that Scranton, Pennsylvania  and a few other U.S. cities will become members of this list soon? 


Positive News
In less than five years, the city of Vallejo has strategically emerged from this state of financial calamity.  ...  

Compass View
Due to certain micro trends and specific data, we have seriously expected that more cities will be following this route quite soon.  ... We and many other sideline strategists have speculated that a European country might go bankrupt quite soon.   ...   Humorously, Germany could only save so many countries.     ... By being the Alpha in Europe, how long will Germany hold its advantage?  


Follow the ideas, the events and the people.  ... You can connect the dots.   


To live effectively in the information economy, one must be strategically efficient in their connection of their intent and their settings to the Big Tangible Picture of the information  economy.  Depending on the level of one's own settings, the political-economical-social factors can be quite relevant to that implementer.

Wednesday, May 30, 2012

Compass Trend (21): The Theme of the Efficient Economy

In an uncertain setting, competition can become a relevant factor.  ... While the amateurs know that competition is the enemy of complacency, the professionals acknowledged that it also enhances one's competency.  ... Psychologically, complacency usually creates a progression of corruption within one's being.  It occasionally spreads rapidly throughout their settings.   ... The outcome is usually quite obvious.


Those who compete, understand the reasoning behind this perspective of competition.  ... This is the Dao of the Efficient Economy. ... 

Saturday, May 19, 2012

Compass Trend (19): Thriving in the Efficient Economy



The Compass rule of the efficient economy is to have a macro roster of multi-facet players (esp in the supporting role). Sport organizations (i.e., the San Francisco Niners, the New England Patriots, etc.) have utilized them for the purpose of getting maximum cash efficiency. It is all about getting the most bang for the buck.

Whenever, a starting player is injured, another capable player (with less financial value) steps in and meets the performance standard. Idealistically, there should be no drop of efficiency.

The Real World
Finding quality people in the bargain basement of cheap labor is what Walmart and many corporations do quite well. ... To succeed in the retail marketplace, they have to be able to find the "right" lower-tier talent in order to to fulfill their field operation without ever making any full commitment.  Their labor pool are usually quite expendable and cheap.   


This is the "Dao of the Efficient Economy."  Regardless of the various innovations that one might think about, one must be extremely efficient for the purpose of saving time and resources.


Compass Rule
Thriving begins by knowing the order (of priorities) for each situation and beyond.

Friday, April 13, 2012

Compass Trend (19): Thriving in the Efficient Economy

Self-responsibility is the essence of the efficient economy. To be efficient, one must be consciously balanced.

Sunday, April 8, 2012

Compass Trend (18): Competing in the Efficient Economy


Risk and uncertainty create a setting  of no security, no transparency and non-compliance. ...

Always assess your grand terrain with caution before deciding.

Examine the advantages and disadvantages by comparing and contrasting the specific factors.

Be aware of all bright shining objects. There is the possibility of deception.

Remember all that glitter is not gold. ... Nothing is free.

Tuesday, April 3, 2012

Compass Trend (17): The Dao of Efficient Economy

In the information economy, certain rules prevail. For every positive action, a negative action occurs. In the efficient economy, zero sum gain becomes the norm

Zynga is one of the successful companies that demands 100% efficiency.


Monday, April 2, 2012

Compass Trend (16): The Dao of Efficient Economy


When there is economic uncertainty, competitiveness increases.

On the 2nd day of April, do you know the answers for these three questions
  • In your terrain of competition, what is your current move?
  • What advantage have you gotten from it?
  • Do you know how long will it last?

Tuesday, March 13, 2012

Comprehend the Big Tangible Picture


In order to thrive in our efficient economy, one must recognize the macro rules that prevailed in the grand scheme of things.

Some of the Basic Rules:
Beside recognizing the rules that are in play, one must comprehend the state of the economy and the state of one's situation in order to get ahead of the curve.