For those of you who have not read the Thomas Piketty book. Here is a site that can help courtesy #CMU
Some major nuggets here on how to build a better product strategy.
I understand large companies are usually going on a buying spree. But this a great guiding post written by @sgblank
For decades large companies have gone shopping in Silicon Valley for startups. Lately the pressure of continuous disruption has forced them to step up the pace.
More often than not the results of these acquisitions are disappointing.
What can companies learn from others’ failed efforts to integrate startups into large companies? The answer – there are two types of integration strategies, and they depend on where the startup is in its lifecycle.
The Innovation Portfolio
Most large companies manage three types of innovation: process innovation (making existing products incrementally better), continuous innovation (building on the strength of the company’s current business model but creating new elements) and disruptive innovation (creating products or services that did not exist before.)
Companies manage these three types of innovation with an innovation portfolio – they build innovation internally, they buy it or they partner with resources outside their company.
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Google did this because it could
Google’s core cash engine is its paid web search/advertising business, which generates almost $4 billion a quarter from 29 percent net profit margin. Amazon’s core business, on the other hand, is retail e-commerce, which generates almost no profit.
So Google can muscle its way into the cloud IaaS and PaaS space even though Amazon was the pioneer with AWS. Microsoft can…
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As always success depends on the referential point you use
The narrative of the American Dream is one of upward mobility, but there are some stories of mobility we prize above others.
Who is more successful: a Mexican-American whose parents immigrated to the U.S. with less than an elementary school education, and who now works as a dental hygienist? Or a Chinese-American whose parents immigrated to the U.S. and earned Ph.D. degrees, and who now works as a doctor?
Amy Chua (AKA “Tiger Mom”) and her husband Jed Rubenfeld, author of the new book The Triple Package, claim it’s the latter. They argue that certain American groups (including Chinese, Jews, Cubans, and Nigerians) are more successful and have risen further than others because they share certain cultural traits. Chua and Rubenfeld bolster their argument by comparing these groups’ median household income, test scores, educational attainment, and occupational status to those…
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