Ignore, Copy and Steal. When Ideas Go Public.

December 18th, 2010 § 0 comments § permalink

When you have an idea and make the idea public, one of three things will happen, and what you should learn from each one…

1. Everyone will ignore the ideaWhat could this mean… Your idea did not fill a need or a desire. The conditions may not be prime. Learn from this experience by studying current social and market trends, including basic human needs. Every idea must fill a core human need.

2. Someone will unsuccessfully copy the idea – In other words, they end up creating an inferior product and yours remains the better of the two, and gains greater traction. Learn from their mistakes. Other people’s mistakes often give us an insight into the strengths of our ideas, giving us even a greater opportunity to leverage on the strengths.

3. Someone will successfully copy the idea – They steal the idea and make it better. If you have no option for legal repercussion – learn from their success, your failure, and move on.

Takeaway: Learn from each scenario, whether or not your idea was a success.

We Need More Forms, Hoops & Procedures; How to Kill Your Business the Bittersweet Way

July 1st, 2010 § 0 comments § permalink

A simple theory of input-output in economics states that as more resources are added (the input) such as staff, raw material, time and technology, then productivity (the output) will increase as well.

There does come a tipping point when the production curve makes a downward dash. As input is increased beyond the tipping point, it will begin have an adverse effect on productivity, causing production to decrease quantitatively and qualitatively.

If 5 workers are assigned to lay shingles on a roof of a single-family home, they will get the job done much quicker than with 2 workers. If 20 workers were assigned to the same project, productivity would decrease as communication becomes more complex, task assignment is unaccounted for, worker mobility is limited, etc.

The same holds true in any other system and context.

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Just Get Things Done, and Not Another Strategy Plan!

May 18th, 2010 § 0 comments § permalink

“We have a ‘strategic plan.’ It’s called doing things.” ~ Herb Kelleher

  • It’s not about talking to do something
  • It’s not about thinking to do something
  • It’s not about planning on doing something
  • It’s not about creating hoops to jump through
  • It’s not about creating forms
  • It’s not about distributing memos
  • It’s not about meetings
  • It’s not about adding more resources
  • It’s not about inner-office politics
  • It’s not about bureaucracy
  • It’s not about policies
  • It’s not about the leadership
  • It’s not about nostalgia
  • It’s not about could’ve, should’ve, would’ve
  • It’s not about playing business

It’s about getting things done!