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Friday, March 10, 2006
Reuters CEO Speech
Jeff Jarvis live-blogged a speech by the CEO of Reuters, Tom Glocer:
SaaS Predictions
Amy Wohl makes some predictions about the software-as-a-service market:
Mobile Context Importance
Rudy De Waele points to a post by Kelly Goto: "Traveling through a remote area in the south of Spain has caused me to rethink the importance of context in the mobile user experience. Without an active internet connection (only available through a much-used public hotel lobby) I have started to rely on my mobile as more than just a business tool or communication device - it is a lifeline. I have been able to recieve urgent SMS messages and email through my P910a and it has offered much comfort knowing I can reach my colleagues, friends and family at any time. Context is the missing piece of most testing and research methods, because during a normal usability test or a short interview, it is impossible to gain insight on the true emotional impact and lifestyle needs the mobile device has on it’s owner."
Tracking Data
David Hornik writes: "As long as I have been working with startups, i've seen the power of iteration. The businesses that have succeeded have been the ones that carefully track the key variables that drive success and then work tirelessly to find new and creative ways to positively impact those variables. Web businesses endlessly tweak user acquisition strategies, user retention models, virality and the like. Price optimization companies work to pinpoint the key variables that have the greatest influence upon acquisition, retention and profitability; they then use their customer's incoming data to continually revamp the statistical models and maximize the value of the customer base as a whole. Practically everything that impacts a startups business can be modeled, tracked and measured and the most successful entrepreneurs can never have enough data upon which to act and react."
Better Search
Fred Wilson writes:
TECH TALK: The Value of Vision: Thinking Vision
So, how does one go about building a vision of tomorrow’s world? Here are some things that I’ve found useful over the years: Read Widely: I think reading broadly is very important. I’ve found ideas and insights coming from the unlikeliest of reading material. Books, magazines and blogs can all be good fodder for the mind. Very often, I find people limiting what they read based on their interests. This is not a good idea. It tends to narrow one’s outlook. Talk to People: Talking to others is a very good way to building out a vision of tomorrow. One needs to have a base set of ideas for discussion. Beyond that, finding what different people react to and how can help sharpen the vision. There isn’t much to worry about other people ‘copying’ one’s ideas. If it is that simple, then one better be thinking something different! Talking to people also helps distill out the message much better rather than playing around with it in one’s own mind. Write a Blog: Writing is another way to share and get feedback. In the nearly five years that I’ve been writing the blog, I have found very good insights coming from people. Blogging also forces a discipline of reading and getting the key message out to people. Deep Think: Thinking is easier said than done. To think means to be able to drill deep down and figure out from first principles the key tenets of the vision. This requires going beyond the superficial and in our world of interruptions, this can be hard to do. Some of my best thinking happens when I am traveling – especially in flights. Learn from History: One can learn a lot from previous case studies of successes and failures. Just because something failed earlier doesn’t mean it is likely to always fail – the idea may have been ahead of its time. Also, learning from different disciplines can be quite helpful in building out the vision. Use New Technology: One has to experiment and try out new technologies – early. This gives a glimpse of tomorrow’s world. There will be some pain and even some glitches. But the trajectory of innovation will ensure that things become faster, better and cheaper. That future world is what one has to build for. Travel: Going to different places is a great way to learn. Free from the physical limitations of the office, the mind starts to wander free. Seeing how people do things in other places and putting oneself in different scenarios can be very educative. Iterate: Finally, one has to experiment and iterate through with new ideas. Think of these as stepping stones along the path. One must not be afraid of failure. Feedback from the real world should help in fine-tuning the vision. As we look ahead, we need to build the world of tomorrow. We must not be afraid to think and dream big. In doing so, vision will play a key role as entrepreneurs seek to construct the future. Will combined with vision can make all the difference. Related Entries: [All]TECH TALK: The Value of Vision: Blue Ocean Strategy [March 9, 2006] TECH TALK: The Value of Vision: A Personal View [March 8, 2006] TECH TALK: The Value of Vision: Mental Models [March 7, 2006] TECH TALK: The Value of Vision: Envisioning the Future [March 6, 2006]
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