@Scobleizer predicts the future at @alleynyc
Hackers are the animals that can detect a storm coming or an earthquake…They just know, even though they don’t know why, and there are two big things hackers are excited about now and can’t articulate why–Bitcoin and 3D printing.
During the 2008 Summer Olympics, American swimmer Michael Phelps’s bid to win a record breaking 8 gold medals was in peril. In the finals of the men’s 4x100 relay, the French team had a sizeable lead as the last swimmers entered the pool. Phelps had led off, so he could only watch his…
Strategic adaptability, by contrast, refers to a company’s capacity to reconfigure its underlying business concept, by dramatically rethinking … Its core mission
Its primary value proposition
The identify and nature of the end customer
The method or channels of distribution
Its revenue or pricing model
The markets or industries in which it competes
Its core competencies
Its ecosystem of business partners
The degree to which it is vertically or horizontally integrated
The basic way in which it produces products and services
The popular depiction of the CEO is the titan of industry who rules with an iron fist. The CEO’s will is the employees’ command.
Not so at Supercell, a remarkable Finnish company that’s making $2.5 million dollars every day and has been described as “the fastest growing company ever.”…
As I write this, our recent stock performance has been positive, but we constantly remind ourselves of an important point – as I frequently quote famed investor Benjamin Graham in our employee all-hands meetings – “In the short run, the market is a voting machine but in the long run, it is a weighing machine.” We don’t celebrate a 10% increase in the stock price like we celebrate excellent customer experience. We aren’t 10% smarter when that happens and conversely aren’t 10% dumber when the stock goes the other way. We want to be weighed, and we’re always working to build a heavier company.
The best part of the rise of online education is that it forces us to ask: What is a university for?
Are universities mostly sorting devices to separate smart and hard-working high school students from their less-able fellows so that employers can more easily identify them? Are universities factories for the dissemination of job skills? Are universities mostly boot camps for adulthood, where young people learn how to drink moderately, fornicate meaningfully and hand things in on time?
My own stab at an answer would be that universities are places where young people acquire two sorts of knowledge, what the philosopher Michael Oakeshott called technical knowledge and practical knowledge.
The problem is that as online education becomes more pervasive, universities can no longer primarily be in the business of transmitting technical knowledge.