Skip to main content

Posts

Showing posts from September, 2020

User-centered to User-focused

Pursue intermediate goals to achieve the ultimate agenda . I misread the 'intermediate' as immediate. Going for the immediate or jumping into action or the Bezo's action bias, gets you the low hanging forests, your actions informs the strategy. But its 'intermediate' and hence we move onto the  Obliquity principle   ( funny - Balboa looking for gold not oceans..., Another dark humor with guns aimed at the ocean) . If you think something is 'not part of the study', you are scoping yourself in, which is good project management but you are not looking for solutions.  Obliquity  means moving from learner-centered for example in high-ed to less learner-focused. Territory is not the map. Learner is not the lesson.  Not all good is user-centered  (sic). Not all good 'design' is user-centered.

Cracking Complexity

  Cracking Complexity

Future of education

  Video games  have fast feedback loops for learning. Learning by self sticks the most. " This is because chess is not an accurate model of reality." Stafford Beer's reality and model statement chimes with the  above of the essayist. Business simulation games

Operations Research

  Lean Thinking Operations Forensic Case of the unidentified industries Other than  cost arbitrage GMROI Inventory control method Managerial Decision Modeling with spreadsheets Capacity  and the famous fish processing problem. Ready for  complexity . Intro to OPs management Ops Management

System incentives

  The irony is the system incentivizes high prices. Can you guess which industry this is related to? Incentives  need change if behavior needs to be changed. Incentive should be simple enough to figure. It shouldnt take more brain processing than the subject can take. Long feedback loops  need shortened.

DeFi

  I want to record a conversation with someone explaining DeFi to me. Who should I do this with? — ST 👽 (@seyitaylor) September 17, 2020 What is Defi?  

Design for disassembly

Green design and assembly of buildings and systems: Design for Disassembly a key to Life Cycle Design of buildings and building products Since assembly costs money, easier assembly should've been attractive. Unfortunately, there are things like internal press clips molded into plastic that can make a product cheap to assemble but next to impossible to disassemble nonviolently. — Janne M. Korhonen (@jmkorhon_en) September 16, 2020 Design for disassembly  

Two prong Advertising

MIT delta v Online Advertising Workshop  shows how you can use your advertising not just for marketing but also knowing your customers.  Paul Cheek  shows simple ways of doing that with minor changes over iterations. The wacky example on Facebook advertising is cool.

Business speak

  Our mom was cleaning out her files and unearthed this guide to VC terms from 1990! Seems pretty accurate, though we might make some slight updates for 2020... pic.twitter.com/lesCoV8kky — Justine & Olivia (@venturetwins) September 16, 2020 Erring on the lower side... 

Wanamaker's Temple: The Business of Religion in an Iconic Department Store

  Wanamaker's Temple: The Business of Religion in an Iconic Department Store John Wanamaker seen as the inventor of price tag according to  The Ends Game author , was known for " freedom to browse without purchase and the institution of one price for all customers to generous return policies,". It must have taken more than century for other countries to allow returns. Price tag made that "institution of one price for all customers" possible without the "awkward haggling".

Monopsony Capitalism

  Monopsony Capitalism: Power and Production in the Twilight of the Sweatshop Age (Development Trajectories in Global Value Chains) Little one found it odd that you can by a phone at Costco. Then came a question, What is Costco? I said wholesale seller. She associated it with food. Then we came down to 'its a market' but not like different sellers but that there is only one seller. Then I wondered what about a marketplace for one buyer. I wasnt thinking destructive monopsony. More like a place where you have wish list items that you might be buying in the near future. Coming at the products and services from the customer's viewpoint.  Has payments become strong like accounting in germany that it can become a competitive advantage? How would that look for personal transactions?  Invoice can be used for marketing too . 

Virtue and Truth in Technology

Technology and the Virtues: A Philosophical Guide to a Future Worth Wanting  In  Strategy: A History , lawrence Freedman says "Proper heroes would be guided by virtue and truth rather than opportunism and strategy". The blurb of the book says that virtue ethics philosophers believed in " equip(ping) human beings with the moral and intellectual character to flourish even in the most unpredictable, complex and unstable situations--precisely where we find ourselves today."

Chimpanzee Politics:

  Chimpanzee Politics Power and reconciliation

Pandemic payroll

Arizona has  upgraded their IT for unemployment benefits . It has been identified that it might have been better to "  do what some other countries have done and pay employers to keep people on the payroll during the pandemic." While benefit seekers need to verify every week of their status which might be to reduce the pool or make it real on the ground, this might bog down the system more with more calls.  The longer it takes to resolve a case, the work needed to maintain it is ballooned.

Patterns of an organization

The Best Story Wins: How to Leverage Hollywood Storytelling in Business and Beyond If you can recognize  Patterns of an organization , its means there is a cohesive story and good storytelling is taking place.  Think of  the metaphors you use with your kids .

Strategy: A History

  Strategy: A History  Wish there was a calendar with strategy a day quip. 1. What do the Laws say? This isnt the legal catch. eg  Gresham's Law  or  Cunningham's Law The way to use this, is fit the half of your puzzle with the best law which gives it a winning chance. 2. Checklists/Manifestos 3. OODA, PDCA cycles - When you are agile 4. Bold thinking - out of the box situation - When Mis-en-place wont get you there       Subcategory is Underdog Category. For this to work the topdog should be too big to notice the leaks.       Opposite of this is accretive. 5. Decisive Moves -  Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts 6. Commitment to Victory - sounds like the eternal love where the movie ends and never begins with marriage. 6. Changing the goal - for eg when management is easier than eradication - eg Blood pressure. 7. Bureaucracy 8.  Frans de Waal  studied fairness and reciprocit...

The culture of education

  Jerome Bruner's  spiral curriculum looks something like this. An Expert explains sleep in 5 Levels of Difficulty

Within Reason: Rationality and Human Behavior

  Within Reason: Rationality and Human Behavior “The essential difference between emotion and reason is that emotion leads to action while reason leads to conclusions." - Neurologist Donald Calne in his book 'Within Reason: Rationality and Human Behavior' — Jasmine Bina (@TripleJas) October 10, 2019 The  OODA loop  of  observe–orient–decide–act or the PDCA plan-do-check-act assume that you are able to make the right decisions by having all the information and the latest of it or the real time.  

The Ends Game: How Smart Companies Stop Selling Products and Start Delivering Value (Management on the Cutting Edge)

  The Ends Game: How Smart Companies Stop Selling Products and Start Delivering Value (Management on the Cutting Edge) Contrast  high margins in e-commerce  with  Lean Commerce  where your value matches margin and is not left for grab by competitors without delivering the value.  I like to say "Stop thinking so hard". Just go show your idea to a customer. Just the act of finding a customer will tach you a lot about your idea...such as do you even know who you are building for? and do they care enough to get on a video call with you? https://t.co/I8RtZpGDMQ — Jim Morris (@sfjmorris) August 26, 2020 Watching how your customers use your product can open a new category for you. It helps you beat the competition too.  Kleenex made as facial tissue  was being used to blow noses and then the wipes were disposed. This book goes through the trajectory of products, market research, advertising. "Reducing access, consumption and performance waste ." Thi...

Factorio at Shopify

  "I'm a card-carrying member of the video games are really good club" - Tobi "Every employee at Shopify can expense Factorio" - Tobi on one of his favorite games ^^^ He sees the mental effects of playing Factorio as a worthwhile business expense for his company — George Mack (@george__mack) May 18, 2020

Micro Chess

  Even when he approaches a new discipline, he goes for DEPTH within the DEPTH E.g. Chess Most just play countless games Instead, Josh insists on having only 3 pieces on the board - King & Pawn vs King He drills micro positions until he understands them from first principles — George Mack (@george__mack) August 8, 2020 Playing chess with only 3 pieces to understand the game better. Also referred to as endgames. But you can extrapolate this to any subsection of your situation.

Neuroscience for Leadership

 When I saw this as one of the  courses in MIT Executive education , it glazed off me. I might have confused it with  Neuro Design: Neuromarketing Insights to Boost Engagement and Profitability . In  Lead Like You Were Meant To: Make the Switch from Autopilot to Intentional  book, there is a quote by  David Rock . "It is attention itself that changes the brain"   - David Rock. David Rock refers to Quantum Zero Effect. It boils down to how measuring something makes it more constant possibly closer to the ideal. This has profound implications. Its like taking a deep breath.  While the process seems innocuous, the outcome seems to change. Management since  anything that gets measured  calls for monitoring. This works in watching your calories, habits anything that makes you mindful of the landscape also makes you aware of what needs to change.

Strategic Foresight Frameworks

  Aspiring/ practicing futurists: You can now access a full suite of strategic foresight frameworks + tools on our website. They come with instructions. If you use any, we're eager to see your case studies. Send us a link to your site/ blog/ LinkedIn. https://t.co/Lcaj73kK1C pic.twitter.com/LUDNuttvfO — Amy Webb (@amywebb) September 3, 2020

Safety, noise and price

  The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives  For Uber evTol requirements: Safety, noise and price have been identified as the needs to be surpassed for a technology to become prevalent which answers the why now question. Whicha re the requirements that your solution meets?

Do you care about banking for all?

  Just received preliminary approval to roll out a program that will assist with Colorado’s unbanked/underbanked population. I am in tears😭😭😭 CC: @NikMilanovic thank you for planting seeds in my brain with your Forbes article! — saira (@sairarahman) September 2, 2020

When branch networks are a burden

  Can you imagine a time when your previous revenue marker becomes a burden? When you are better off closing offline stores ..

If you make it they will use it

  Venmo  found a problem and solved it. It made it easy to make domestic personal payments. What other problems are lurking that will need future solutions in the payment industry. But now that this is available, coupled with corona limitations of travel and shopping. The calculated jaunts are also now aggregated to solve not just your house but some family or friends too. This makes these services even more essential.  Since  Venmo  can hold balance, it could solve the underbanking problem minus the fees. In the  Implementor, Ideator, Clarifier, Developer  frameowrk, startup founders who have faced a problem that they are tring to solve are the implemetors at first for whom the product is being made. Starting with that one use case is a solidified reality. This is well pointed out in  The Biggest Mistakes First-Time Founders Make by Michael Seibel , that "choosing to solve a problem that they dont care about". Not picking the problem in its prese...

Local Newspaper anyone?

  In 2019, I set out to do something simple: Recreate the local newspaper in digital form, by creating a simple daily newsletter focused on Victoria, Canada, my home town 📰 I hired a journalist and we started sending out a quick summary of what’s happening every day at 7AM... https://t.co/CVdc2IsARa — Andrew Wilkinson (@awilkinson) September 1, 2020

Longterm planning

  People keep telling me humans can't plan for the long-term, on the scale of decades of centuries. But here are 45 examples of 'cathedral thinking' from the past 5000 years, featured in The Good Ancestor 1/2 pic.twitter.com/UNhvL4tYp6 — Roman Krznaric (@romankrznaric) August 31, 2020

Deferred revenue

  Checking out the Zoom balance sheet post earnings and struggling to understand the change in cash... big jump but I don’t think they raised a round? Super weird. — logan bartlett (@loganbartlett) September 1, 2020 What is  Deferred Revenue?  

Anti bias

  Does your GPS include any or all the cliffs?  Why you neve rheard of the cliff is probbaly the person who found out about it is no longer in the earshot distance. The unknown unknown. How do you counter a model  where home prices only go up . Machine learning by training on all the available data with movmeents both in the positive and negative direction can take care of showing you what you might not like. When looking at a price and volume matrix, we might be operating only on the positive quadrant. But imaginr your rectangle floating up and down and even front and back. Think of water as the economy or market, adding another dimension. If many customers are leaving you, then your boat goes back or left. If you have to provide discounts for sales, your boat gets heavier. Your customers are not the passengers. your custoemrs are the other boats that you help stay afloat with your services.