Archive for April, 2006

The World’s Most Innovative Companies

April 27, 2006

BusinessWeek article on the world's most innovative companies.

Apple, Google lead the pack. I was surprised to see Starbucks at position 9. Umm..innovation from Starbucks that deserves a position 9..beats me! Yes, coffee at Starbucks is a new experience and all that but I fail to see the innovation.

PnG: Read up on the PnG bit. They have created a division in PnG whose job is to scour around looking for innovation in different companies, universities etc. Very interesting. Since PnG is more of a life-style company, I think the MnAs work a little differently here.

Nokia: Very impressed with their customer centric approach to innovation. With the rise in the number of cell phone users in the developing countries, Nokia had to change their strategy to suit their products to illiterate people and people who invest a major chunk of their money into buying a mobile phone. Result: More durable phones that use pictures instead of words for menu options.

The World's Most Innovative Companies

You Play World of Warcraft? You’re Hired!

April 26, 2006

Who ever said gaming was a waste of time and for nerds? Take that!

In this way, the process of becoming an effective World of Warcraft guild master amounts to a total-immersion course in leadership. A guild is a collection of players who come together to share knowledge, resources, and manpower. To run a large one, a guild master must be adept at many skills: attracting, evaluating, and recruiting new members; creating apprenticeship programs; orchestrating group strategy; and adjudicating disputes. Guilds routinely splinter over petty squabbles and other basic failures of management; the master must resolve them without losing valuable members, who can easily quit and join a rival guild. Never mind the virtual surroundings; these conditions provide real-world training a manager can apply directly in the workplace.

Read: World of Warcraft

Commentary on France’s Recent Youth Riots

April 23, 2006

Very interesting comments. In comparision, Singaporean students seem absolutely much more prepared to take on the world.

———————–
Excerpt:
Close to a quarter of its young people are unemployed, but they're too busy burning cars to look for jobs. They're protesting a new policy allowing workers under age 26 to be hired for a two-year trial period during which – quelle horreur! – they could be easily fired.

"We're not disposable – we deserve better," said another student, Aurelie Silan. "Aren't we the future of France?" Yes, mademoiselle, you are.

That's the problem. What kind of college student wants a lifetime employment guarantee for the first job out of school? France's future is a generation of students whose idea of a good career – chosen by 75 percent of them in one poll – is a government job.

———————

Who moved my fromage?
By John Tierney

As student protesters and workers try to paralyze France, I don't suppose many of them are looking to America to come to their country's aid. Nor do I suppose many Americans are in the mood for a new Marshall Plan. But I have a modest proposal anyway.

Someone needs to rescue France from its self-proclaimed malaise.

Close to a quarter of its young people are unemployed, but they're too busy burning cars to look for jobs. They're protesting a new policy allowing workers under age 26 to be hired for a two-year trial period during which – quelle horreur! – they could be easily fired.

This policy, intended to encourage companies to take a chance on inexperienced workers, is being denounced for producing "slave jobs." It would be "like living beneath a guillotine," said Charlotte Billaud, a Sorbonne student.

"We're not disposable – we deserve better," said another student, Aurelie Silan. "Aren't we the future of France?" Yes, mademoiselle, you are.

That's the problem. What kind of college student wants a lifetime employment guarantee for the first job out of school? France's future is a generation of students whose idea of a good career – chosen by 75 percent of them in one poll – is a government job. The leaders of the French Revolution called for constant daring: "L'audace, l'audace, toujours l'audace." Today's street protesters are inspired by the motto "Contre la Precarite." Against Precariousness!

When French young adults were asked what globalization meant to them, half replied, "Fear." Beneath that facade of arrogance, the French are suffering from a condition apparent to any American. They have low self-esteem. They're not feeling empowered. They need that great engine powering our economy: the American self-help industry.

The French produce great Camembert, but they haven't absorbed the wisdom of Spencer Johnson's modern classic, "Who Moved My Cheese?: An A-Mazing Way to Deal with Change in Your Work and in Your Life." They haven't heeded Donald Trump's instructional CD, "Think Like a Billionaire." They haven't memorized Stephen Covey's "Seven Habits of Highly Effective People" or Anthony Robbins' "Awaken the Giant Within." A few

French men and women have looked across the ocean for guidance – Robbins says he has advised Francois Mitterrand – but the French masses still haven't awakened their inner giants. And they won't, unless we help them help themselves by sending over the titans of the American self-actualization movement.

This Marshall Plan B wouldn't cost American taxpayers much beyond a few French lessons, plane tickets and hotel rooms.

The only serious objection I expect is from Americans worried about our GNP: Could the American economy struggle along without these gurus? But I think we're ready to go it alone, thanks to the billions of dollars of wisdom we've already stockpiled.

We've learned secrets like "Be Proactive" and "Think Win/Win" (two of Covey's seven habits). We now realize, thanks to Robbins, that "the past doesn't equal the future." We've paid $19.95 for Johnson's revelation: "Movement in a new direction helps you find new cheese." We can afford to share this knowledge with the French. If they understood Covey's radical Win/Win theory – "Seek agreements and relationships that are mutually beneficial" – French students might not be marching now. They might wonder why they'd want to spend the rest of their lives (well, at least until they retire in their 50s) working for someone who doesn't want them around.

If the French students studied Johnson – "The quicker you let go of old cheese, the sooner you can enjoy new cheese" – they might even consider the possibility of changing jobs.

We could send them French versions of Donald Trump's CD, "How to Launch a Great Career," which does not include instructions on burning cars.

Another Economics Blog

April 21, 2006

David Smith is the Economics Editor of Sunday Times London, UK. Here's his personal website.  

David Smith's EconomicsUK.com

Good Blog on Economics

April 21, 2006

Talking about the White House

April 21, 2006

President Bush is visiting Stanford tomorrow from 3PM to 5PM. This is what I got on one of the mailing lists that I still am on, this is what is going to happen there:

Dear Family,
President Bush is visiting Stanford’s Hoover Institute tomorrow between
3-5PM. It would be a disgrace to the thousands who have died in Iraq (both
soldiers and civilians) and the hundreds detained in Gitmo if we don’t
organize a strong protest to show Bush that his policies are not
appreciated by many on Stanford campus.

Please plan to show up with signs and energy tomorrow.
*****PLEASE FORWARD WIDELY TO ALL PROGRESSIVE CHAT LISTS YOU KNOW!!!******

Peace,
Sam

Gates House First, White House Later

April 20, 2006

Hu Jintao's visit to US brought him first to the business community, sidestepping the political maelstrom that awaits him at Washington DC.

"Its all about the money!" — thats the not-too-subtle message China is telling America as billion dollar deals are signed with Boeing and Microsoft.

 
Gates House First, White House Later

The Barriers to Starting Your Own Business

April 15, 2006

Teaching awards

April 13, 2006

These were last year’s teaching awards to the most distingushed members of the NUS Faculty. The statistics are really interesting:
(1) For some reason most of the awards have gone to professors in the Science Faculty — most specifically Department of Biological Sciences (DBS) and stem cell research.
(2) We’ve got 1 from biz-ad, 1 from Mechanical Engineering, 1 from Language Studies, and 1 from East Asian Intitute.

Are the Science prof really this good? Or is it a subtle move to promote the science department? I accept we complain a lot about some of our Computing Lecturers, but hey some are really good. How come no one was there? Did they just never get nominated? Just a thought….

NUS: Teaching Awards

bread & barter

April 13, 2006

An article on a startup tackling online bartering. ( Read It? Watched It? Swap It )

Here’s an extract from the article:
“… if consumers were asked to place all of their CD’s and DVD’s, for example, in three piles — those they love, those they like well enough to keep and those they would be happy to have taken away — the piles would most likely be equal. Any system that helps people easily trade away what they do not want for what they do want is “a beautiful synchronicity” …”

What do you guys think of online bartering as a business? Business model (www.zunafish.com ) is to charge $1 per transaction.

http://www.freecycle.org/ does online bartering but the difference is that everything must be free. I’ve subscribed to freecycle in singapore (basically a yahoo groups mailing list) and the level of activity is an average of 2 posts a day.