Archive for the ‘Technology’ Category

When We Misunderstand the Signals

I have been involved in a variety of engagements with automotive companies over the past three decades.  These companies’ abilities to understand marketplace desires 3-4 years in advance is a key element of success.  There are several compelling examples of getting this right and numerous instances of getting it wrong. Beyond uncertainties about customers’ future […]

When the Unpopular Position Is Correct

Most organizations and people like to think that everything is under control, proceeding as planned, and the sought outcomes will be realized.  If anyone suggests otherwise, they will be chastised for not being team players, perhaps for having bad attitudes, or quite simply for being outright wrong.  Unpopular positions are seldom socially acceptable in organizations. […]

When Abilities to Execute Are Secondary

It’s a great idea, but can we do it?  Can we make it happen?  We are going to boil the oceans and then provide everybody gourmet seafood dinners.  Ok for those who eat seafood, but how is this going to be accomplished?  Making the elements of a solution happen – executing — tends to be […]

When the Competition Surprises You

Consider two surprises for General Motors (GM) and how they reacted, initially poorly but later quite successively.  Both illustrations involved Ford surprising GM. The first led to a major failure and the second to a substantial success.  Indeed, failures to achieve corporate objectives are quite common in the automobile industry.  Not every vehicle is a […]

When the Organization Is in the Way

There are times when organizations are performing excellently but, despite their confidence, their futures are not bright.  Kodak and Polaroid dominated the film and instant photography industries, respectively.  My mother inherited a quantity of Kodak stock in the 1930s.  It provided generous returns for several decades.  People would always seek “Kodak moments” and needed a […]

N-Factor Authentication

2-factor authentication provides an extra layer of security to your account to prevent someone from logging in, even if they have your password. This extra security measure requires you to verify your identity using a randomized multi-digit code that your service provider texts to you each time that you attempt to log in.  Alternatively, they […]

Who Pays Taxes

I am in the middle of reading Rebellion, Rascals and Revenue: Tax Follies and Wisdom Through the Ages (Princeton University Press, 2021) by Michael Keen and Joel Slemrod.  This delightful volume provides an entertaining history of taxation, which they define as “the extraction of resources by coercive rulers.”  This got me thinking about taxation in […]

How to Get Ahead

Let’s say technology innovations relevant to your enterprise happen every N years.  Further, it takes you M years to decide to adopt an innovation and once adopted the innovation is sustained for L years.  To remain at the forefront, you need at most M = 1 and L = 1.  That way, you will always […]