Products

PRODUCTS & ROBOTS @ RISK

Current robots are only able to replace people in very limited circumstances. And people don’t want to work in factories. They want more comfortable jobs. That is what happens when standards of living and education rise. All people everywhere aspire to better lives. Rodney Brooks- Robot Engineer Quick robot joke?  A textile mill has been automated.  The mill …

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YOUR VALUE ADD: EXECUTION

Successful big corporations should devolve into becoming ‘confederations of entrepreneurs.’ Norman McCrae, Editor   Here’s a chicken and egg question.  What’s more important: an original idea or the ability to execute the idea?  Well in 1982, 80% of the Inc.  Magazine’s 500 CEOs thought their company’s killer idea, product, or service lead to success.  By …

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ADDING VALUE

The real issue is value, not price. Robert Lindgren, Business person   Customers are demanding aesthetically pleasing, just in time, high quality, value priced products.  Examples can be found all over.  Proctor & Gamble in 1992 killed its marginal brands, cut product lines, and shaved product prices thus saving consumers about $2 billion by lowering …

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INNOVATE OR BE OBLITERATED

FISH: First in.  Still Here. Anonymous   Most executives I know are frankly scared these days.  Competitive and business rules have changed too quickly.  They don’t understand their competitive landscape and its new rules.  Why?  There’s too much uncertainty and unknown risks.  They can’t forecast based on historically, stable, and straight-line assumptions. Executives need to …

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PRITCHETT’S RULES FOR JOB SUCCESS

Here’s another top 12 list.  Pritchett’s list is nuanced a little differently. Become a quick-change artist. Commit fully to your job. Speed up. Accept ambiguity and uncertainty. Behave like you’re in business for yourself. Stay in school. Hold yourself accountable for outcomes. Add value. See yourself as a service center. Practice kaizen (continuous improvement). Be …

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