There is an old adage I heard many years ago…
As categories mature from the early market to the mainstream to a mature Main Street phase, crowded playing fields with tens or hundreds of competitors ultimately resolve into a small set of 2-4 winners and many losers. The online media category is a case in point.
By Paul Wiefels
Part Two
It’s summer time and I am devoting some of my “beach reading” to topics that personally intrigue me but are a bit off the beaten path from subjects I typically write about. My previous post concerned how flawed thinking processes among healthcare providers can be extremely costly, not to mention, deadly. Similarly, flawed thinking juries can wrongly convict the innocent, or let the bad guy off the hook. Flawed thinking at work, in governments, and in our personal lives can be expensive, career-limiting, or simply embarrassing. We put a huge premium on “getting it right” yet we fall prey to a number of biases and cognitive errors that prevent us from doing just that. More troubling, cognitive psychologists tell us that we don’t just get it wrong occasionally. We get it wrong routinely, tripping again and again over obstacles to decision-making that are systematic—deviations from rational thought, observation, and analysis that lead us into cognitive cul-de-sacs.
This post originally appeared on PhilipLay.com. To read the post from the original source click here.
Don’t fight it. Don’t try to brazen it out. Remember Intel’s PR disaster around the Pentium in the mid-90s? And what about the Exxon-Valdez oil disaster in 1989? And BP’s catastrophic oil spill in 2010? Closer to Tesla’s home industry, remember the Bridgestone tire scandal of 2000? And what about the ongoing dramas that are dragging down Toyota (airbags) and Volkswagen (diesel car pollution), jeopardizing their very viability?
By Paul Wiefels
Part One
Researchers at Johns Hopkins University estimate that as many as 160,000 patients each year suffer permanent damage or death as a result of diagnostic mistakes. Not surprisingly, they are also the leading cause of malpractice claims. Healthcare providers have been striving to reduce this number and many of the latest developments in healthcare technology are aimed at this problem including better automation and accuracy in lab testing; the use of big data and data mining to spot patterns of bad calls; online services that provide additional suggestions for differential diagnoses; and so on.
Mindsets in the healthcare community are changing too. Clinicians are being trained (or retrained) to question their own biases and thinking in an effort to come to the right conclusions when confronted with conflicting data and multiple opinions.
Strategic Business Development specialist Clarify, today announced a partnership with Chasm Group, the go-to-market consultancy and advisory firm founded by and based on the works of Geoffrey Moore, author of Crossing the Chasm.
By combining their individual specialties, the partnership will offer enterprise clients proven methodologies to increase revenue, accelerate growth and rapidly scale while reducing the risk of bringing new or disruptive initiatives to market.
This post originally appeared on PhilipLay.com. To read the post from the original source click here.
Silicon Valley needs to dump its revenge-of-the-nerds culture and engage with the world
Summary
“Today’s challenges include economic stagnation and disruptions in the labor markets — driven to a large extent by technological advances moving at warp speed — that are widening income disparity, destroying jobs and hollowing out the middle class.”
– Henry Paulson, former U.S. Treasury Secretary, to some degree pointing a finger at the tech industry, quoted in an article in the Washington Post, June 24, 2016
This post originally appeared on PhilipLay.com. To read the post from the original source click here.
Summary:
Watching the 2016 presidential election unfold has made for some outstanding TV viewing if you’re a reality TV fan. Who couldn’t love such entertaining and clever Trump quips ranging from “low energy Jeb” to “Lyin’ Ted” to the correlations tied to “small hands”. But with the ascension of Donald Trump to the altar as the Republican presumptive nominee, it’s time to get serious about his prospects against his likely Democratic foe Hillary Clinton.
This post originally appeared on PhilipLay.com. To read the post from the original source click here.
Author: Hakan Jakobsson *
* Editor’s note: From time to time we shall feature guest columnists in this forum. In this article, Hakan Jakobsson presents some provocative arguments and counter-arguments on the intriguing question of whether Google has left it too late to catch up with AWS and Azure, the two current leaders in enterprise cloud infrastructure. Hakan is a good friend and frequent thought-partner with me on many tech-related topics. In particular, he has deep expertise in IT infrastructure and especially public cloud.
Introduction
When a product gains popularity it is common that a pattern emerges. In the beginning, there are a small number of pioneering companies producing it, but as its popularity grows, more and more vendors enter the market to get a piece of the action. After a while, the number of vendors peaks as consolidation sets in and eventually, the market becomes dominated by a small number of players. For instance, there were around 80 U.S. automakers in in 1920 and more than 80 U.S. television manufacturers in the early 1950s. More recently, the number of disk drive manufacturers peaked in 1984 at almost 80 and the number of PC manufacturers about 3 years later when there were around 100 hundred vendors according to Michael Mauboussin’s book “More Than You Know.” Today, there are far fewer manufacturers in any of those categories.
This post originally appeared on PhilipLay.com. To read the post from the original source click here.
Summary: