Failures and breakthroughs – exposed, reflected, considered

Archive for the ‘innovation’ Category

apple and judiciary of cool

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It was perceivable that “to Google” became a verb synonymous with “to search;” but it might’ve been difficult to forecast a judiciary ruling on the concept of coolness.

This happened unsurprisingly in a judgment involving Apple, which brought the case alleging Samsung’s Galaxy Tab 10 infringed its iPad design. British Judge Birss disagreed saying Apple’s designs weren’t being infringed because Samsung’s product was not as “cool” as the iPad.

This can be watershed in jurisprudence.

Originally, in a 1997 article, Gladwell wrote about the group of people he called coolhunters who scoured American cities to find out what cool kids thought about sneakers.

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Written by Hayk

July 14, 2012 at 8:45 pm

Posted in business, innovation, technology

Tagged with , , ,

are you ready for an entrepreneurial jump?

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  • Do you solve a real problem?
  • Do your family/friends support you?
  • Will you sacrifice anything to make your business a success, putting normal life on hold?
  • Are you prepared for a lonely journey?
  • Are you resilient enough to listen to NOs/doubters/haters, but stay headstrong?
  • Do you care about your customers/business as if it’s your baby?
  • Have you got co-founders that share your passion/vision?

Entrepreneurship is living a few years of your life like most people won’t, so that you can spend the rest of your life like most people can’t.

Written by Hayk

October 6, 2011 at 6:45 am

hedge funds and twitter – glimpses of future?

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Since creation of the first hedge fund in 1949, 10.000 funds and $2 trillion past, there is a change under way.

Derwent Capital, with its initial $39 million, is Europe’s first “social media-based hedge fund” founded on findings of this paper, which asserts that Twitter can:

predict daily moves in the Dow Jones … change in emotions expressed online would be followed between two and six days later by a move in the index… predict its movements with 87.6% accuracy.

Still small compared to standard ones, the fund analyzes thousands of tweets for words “happy,” “sad,” “angry,” etc. to determine public sentiment/mood.

Written by Hayk

September 30, 2011 at 6:50 am

best buy micro-innovation and fidel castro

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One manager of a Best Buy store, who resembles Fidel Castro, leveraged this “asset” turning his store into the best performer. How? Revolutionary mode (called his store “La Revolucion,” posted “Declaracion de Revolucion” in the break room, made store supervisors wear army fatigues,…) and encouragement to whistle when employees do good things.

In Cuba, considered “Internet enemy” by Freedom House, Internet has only 14% penetration,  served much like rationned food.

In 2010, Castro admitted he admired Internet and WikiLeaks’ influence on American government and agreed to have a Cuba-Jamaica-Venezuela fiber-optic line, increasing its connectivity 3000 times, but not for ordinary citizens.

Written by Hayk

September 21, 2011 at 8:46 am

professionals vs amateurs – who innovates better in 21st century

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Pro-Ams – term coined by Charles Leadbeater – are people pursuing amateur activities to professional standards.

Since the industrial age of 18th century, there was a steady rise of professionals and narrow specialization in medicine/science/education/etc.. Amateurism was driven out.

Pro-Am Revolution argues that in 21st century this historic trend is reversing.

Passionate amateurs who have vast knowledge/skills in a certain domain(s), often driven by confusion/lack of sought solutions, come up with new inventions gradually improving their quality, eventually ushering into high-quality products/services.

Written by Hayk

September 19, 2011 at 7:06 am

what breeds ideas and innovations

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Where good ideas come from claims innovation originates in seven realms:

  1. Adjacent possibilities.Use existing components. Gutenberg used wine press for his printing press.
  2. Liquid networks. 21st-century cities and the Internet make it possible for informal networks to form, enabling idea cross-pollination/inventions.
  3. Slow hunch. It takes years for a hunch to evolve into an invention.
  4. Serendipity. LSDTeflonViagra.
  5. (Unplanned/unexpected) errors. de Forest‘s development of audion diode/triode resulted from erroneous thinking.
  6. ExaptionVacuum tubes were developed for long-distance telephone/radio transmission and later used in computers.
  7. Platforms. Development of TRANSIT, a precursor of GPS by Applied Physics Laboratory.

Written by Hayk

September 11, 2011 at 8:51 am

what physics can teach about marketing

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TED talk by Dan Cobley

Summary:

  1. a=F/m  (Anderson launched Accenture; Hoover is more than vacuum cleaner; why P&G keeps separate brands).
  2. Δx Δh ≥ 1/2 (McDonalds sells millions, while mothers talk about healthy life to their kids).
  3. You cannot prove a hypothesis through observation, you can only disprove it (scientific method) – BP spent millions building environment-friendly image and than one accident ruined it all; Toyota perceived as reliable and one big recall changed that image; Tiger Woods.
  4. Increasing entropy (2nd law of thermodynamics) – your brand is more and more  dispersed; you can’t fight it; embrace it.

Written by Hayk

September 9, 2011 at 7:12 am