Sunday, March 1, 2009

Facebook Taking Over Our Lives

This is a great article from CNN. Check out "the race to the mass market" graph on the right; it compares the amount of time it has taken Facebook, iPods, cellphones and other technologies to reach 150 million users.

http://money.cnn.com/2009/02/16/technology/hempel_facebook.fortune/index.htm

Saturday, February 28, 2009

Memo to the President & CEO of IKEA, Anders Dahlvig

Ikea has become the low cost manufacturer of good enough quality furniture. The core of its strategy has been innovative product development and effective process design, furniture that can be accessible and assembled by the largest possible number of people. To achieve this the company has deployed top-notch in house technology that helps it carry 9,500 products, control the distribution across 38 distribution centers and negotiate materials through 40 trade offices located majorly in Europe and Asia. Recently the company has incorporated web 2.0 features in its IKEA Fans portal hoping to create a community.

For now, my memo will address the following questions.

1) What the new trends in home entertainment e.g green, interactive display, voice activation, motion sensing, wireless and Internet-enabled devices, mean to IKEA's product strategy for the future?

2) What is the future of IKEA's brand? Can IT help IKEA develop a "habit" brand for design search similar to what Google is for information search.

Amazon to leave text-to-speech feature upto publishers' discretion

Amazon decided to give publishers the final verdict on whether we will be able to hear someone narrate us the books we buy for Kindle 2. One thing comes to my mind.

Shouldn't publishers be looking to long term revenues and understand that text-to-speech is only the first experiment before speech recognition technology is fully scalable and cheap, which can only but increase the demand for books? Today we can only listen to a male or female computer voice but what if in the future we could hear any voice from any place in the world? What if we could hear a voice that reacts to emotions, to surprises, to terror, etc. I think Publishers that don't understand the power of this technology will fail as old marketing agencies failed to predict the power of search ads.

Here is the link to the full story

Great books on the Kindle

Since we were talking about the Kindle in class, I thought I would add a link to my book I published there
http://www.amazon.com/dp/B001TK3FT8

Also check out
http://jzeibert.wordpress.com/
for other formats
--jz

p.s. Sorry about the only loosely class related post :)

Blackberry Takes on Apple!

We all remember (and some have chuckled) on the ads that compare PCs to Macs. Now, Blackberry takes aim at Apple's iPhone. I could not see if this is a real ad or a spoof one. Anyway, it is worth the few seconds!

Friday, February 27, 2009

Sony's Reorganization Reinforces the Importance of Interdependency

Sony's reorganization announced today reinforces the issues that we touched on in our class discussions.  Some of the key points that relate to our discussions are (details from the FT article):


1. More emphasis on networked products and services. 
"Sony will also reorganise its electronics business into two new groups. The PlayStation video games business will be integrated with laptop computers and mobile products such as the Walkman music player, to try to speed the development of networked products and services."


2. Integration across products.
"A new consumer products group will bring together Sony’s struggling TV business with other devices such as digital cameras, as well as semiconductors and electronic components."
My guess is that these devices--if they do not prove profitable in the coming years--will be discontinued or spun off. 
3.  Changed organization structure staffed with people familiar with the digital world.  Another key point to note is that the organization restructuring elevates people familiar with the digital world. Businessweek reported that: 
Though Stringer put those things at the top of his to-do list when he took over three years ago, his efforts have been hampered by divisive rivalries and strong resistance from the company's old guard of hardware engineers. "This group is very network-centric and very open-minded," Stringer said. Stringer didn't reveal many details about the strategy. But the point man for his push into Internet services will be Kazuo "Kaz" Hirai. As the head of Sony's video-game business, the 48-year-old Hirai has spent the past two years expanding network services for the PlayStation 3 and PlayStation Portable consoles. Last week, Sony said more than 20 million PS3 users have connected their machines to the Net and signed up for the PlayStation Network, which features online games, video downloads, news, and a social-networking service.  (Sony needs to capitalize on this network). 

 See also this video:

Nokia - CEO Memo

I’ll be writing my memo to Nokia, which currently is the largest mobile phone manufacturer in the world. With challenges from new devices such as the iPhone and more and more smartphones, I think it’s interesting what Nokia’s response may be. There is a converge between phones and PCs and the CEO Olli-Pekka Kallasvuo just last week mentioned that Nokia is strongly looking into developing laptops.

Nokia have often moved in to new technologies and designs relatively late, and for the most part they have been successful, but if they are going to continue to live up to its “Connecting People” tagline, what are some of these appropriate next steps and what technologies can they employ to stay a leader within mobile phones and possible expand this into other markets with complementary products. I think they can use IT to be more proactive in their strategy instead of trying to react to competitors such as Apple, so there is plenty of room for improvement for the organization.

Stringer New President of Sony

Interesting after such a short time after the Sony discussion and watching the videos of Howard Stringer, he is put into the position of President over Sony. The changes being made align very well with the suggestions made during class. There is an emphasis on the new 'Networked Products and Services Group' which will be tasked with bringing Sony's array of products together. The new head of this group is the current head of the Playstation division. In my view it seems that Stringer is putting his plans into action using a base platform (Playstation) for content and control, connected to his networked devices with the right leadership. We'll see how and if it all comes together profitably.

http://www.pcworld.com/article/160354/stringer_shakes_up_sony_management_takes_president_position.html

Thursday, February 26, 2009

Google: What Came off the Allocated 20% Time?

We discussed Google's 70-20-10 allocation of time as it tries to continually innovate. Here's a quick, good overview  of the developments that have come from the 20% time allocation as compiled by David Pogue of NY Times. 
--
It reinforces many of the points we made about Google balancing exploration and exploitation as it evolves its business model on the net. 



CEO Memo - Ruelala.com

Ruelala is an invite-only online shopping site that brings sample sales (which usually take place in brick & mortar NYC boutiques and fashion houses to clear excess inventory) online. Sample sale sites have been popping up in the past year and enjoying significant success not only as a result of the economy, but because they deliver what is traditionally a NYC "insider" shopping phenomenon to the world at large.

Ruelala has really succeeded in mimicking the sample sale experience online. However, since it is part of Retail Convergence (which also owns Smartbargains.com) it must be thoughtful about leveraging existing infrastructure and technology without associating the two brands/shopping experiences. I think that if Ruelala doesn't act carefully now, its has the potential to become "just another bargain site" once the economy picks back up.

To read more about online sample sale sites: http://venturebeat.com/2009/01/13/luxury-sample-sale-sites-gilt-groupe-and-ruelala-pick-up-traffic-despite-the-recession/