The reality is that finance will eat strategy for breakfast any day.
There’s a lot to like in this recent Christensen and van Bever piece. It’s a re-framing of how companies should think about what success means when investing in new businesses.
The reality is that finance will eat strategy for breakfast any day.
There’s a lot to like in this recent Christensen and van Bever piece. It’s a re-framing of how companies should think about what success means when investing in new businesses.
Here’s what happened in America between April 14 and 17. In the state of Washington, a 6-hour downtime of the 911 emergency phone system was caused by a third-party vendor’s router failure, resulting in 4,500 missed emergency calls. Police responding to an unrelated incident at the home of a New Jersey man found three containers of radioactive material he had stolen from a military arsenal. A bomb threat was made against a Verizon call center in Tennessee. Copper thieves stole cabling, causing internet and phone outages in New Mexico, and then again in Hawaii. A routine police traffic stop found four people with over 100 counterfeit Walmart gift cards, $32,000 in blank money orders, and a credit card coding device. And a new piece of malware was discovered that compromises Android devices and makes them mine for the cryptocurrency Litecoin, among other things. This is only a sampling of the 90-plus events that were reported over a three-day period, but it is more than enough for the plot of a cyberpunk novel.
Adam Rothstein, on DHS’s Daily Open Source Infrastructure Report, which compiles a list of news stories about threats and calamities affecting United States infrastructure on a daily basis (via mikerugnetta)
The single most important lesson we learn from the short history of the consumer internet industry is that winning internet business models are engineered around consumers. In fact, consumer internet businesses must be designed, architecturally, to be more consumer centric than their physical world equivalents. This is because, fundamentally, the internet increases transparency and information availability to reduce friction, and thus shifts market power to users relative to physical world models. Therefore, competitors can and will exploit every opportunity to be more consumer centric, a dynamic fuelled by the quasi absence of barriers to entry into the industry.
Michael Zeisser (via datainsightsideas)
Sounds interesting…?