Sunday, December 28, 2008

The Gift

Yesterday is history. Tomorrow is a mystery. And today? Today is a gift. That’s why we call it the present.

Babatunde Olatunji

Friday, December 12, 2008

It is time to innovate

The economic crisis signals that more of the same will not be enough. The obvious response is to cut cost by reducing head count, cutting down on training, research and development and put the company on pause and hoping for the best.

Meanwhile companies seeks bailout from the government so that they can further extend their inefficiency and obsolete business model. Bail out is of course critical to safeguards jobs and the economy. However I believe the company being bailed out must not be allowed run business as usual and must be forced to renew and innovate themselves to prepare for the next growth cycle.

As for the rest, without a luxury being bailed out by the government, its is indeed time to rest from the routine and explore how to take advantage of the downturn. This includes:
1) hire cheaper talents/interns (part time/full time)
2) take time to learn and experiment
3) reflect and re-energize to prepare for growth
4) use the web 2.0 to innovate
5) collaborate with new partners
6) do barter trading of services
7) explore new markets
8) learn to use less resources

Monday, August 25, 2008

Why is it difficult for us to decide?

Everyday we are faced with the biggest challenge ... decision time.
Why is it so difficult for us to decide?
Which is the best route?
What should we eat?
Where should we go?
When do we stop?
Which is the best?

Sometimes its best to go with the flow and let the emerging circumstances decide.
Throw away the map.
Throw away the travel guide.
Throw away the business plan and let nature takes it course.

Thursday, August 21, 2008

Innovation Phobia

I discovered this phobia in the course of work of exploring and communicating on the virtues of innovation. The very word Innovation conjures fears, unwillingness to probe deeper into its meaning and quickly dismissing that innovation is not for me. Its for the technology people. We don't need innovation here. Our focus is on efficiency.

Why is this the case?

Do we fear uncertainty?

Do we fear chaos?

Or a we stuck in our routine that anything different will render us immobilized!!!