From Fast Company

Check out the graphs and trends.

State of Internet Music

From the article “Interestingly, it wasn’t Apple that Garland viewed as the most important name in music, even though the company’s iPods, iPhones, and iTunes indicate otherwise. “YouTube is increasingly the category killer,” argued Garland. “When people ask me what is the biggest name in music in my opinion, they want me to say Apple. I usually answer: YouTube.”

The music business is shifting.  It is setting the stage for our business models in “everything” to change.  Products?  Services?  Can you have a product without a service, or, for that matter, a service that does not somehow connect to the web?  There are lessons to learn in marketing, product development, strategy, information technology, and just about everything community and commercial.

From the article ” Pandora now represents 1.7% of all radio listening–really a shocking figure to think about.”.   Wow, FREE service, possibly paid service overtaking the ad space?   Lessons to be learned here?

Choice rules.  Custom selection of music is killing “album” sales.  From the article,  ”The music business historically has been built around albums,” explained Silverman. “This album-centrism is like saying the sun revolves around the Earth. We don’t listen to albums now; we listen to collections of songs.”

What are the Lessons to be learned from this article?

From Harvard Business Review Blog

Do your Knowledge Workers have a Bitsmith?

This post presents a wonderful concept that points out the need for specialized tools for the knowledge era.  That of a “Bitsmith”.   Bitsmiths, according to the post ” are people who have deep knowledge of both the work content and the tools used to support the work. In other words, they are almost as expert in derivatives or computer design as they are in computer-programming languages. Because they understand both the domain and the tools, bitsmiths can take an idea from concept to implementation quickly .”

The article makes the case that high performance teams need to have a “bitsmith” just as many towns in the “old west”  had blacksmiths to create the tolls they needed.

What do you think of this concept?

Thanks Peter for the article suggestion

From Detroit News

FORD Product Idea Website Article

From the website “Ford Motor Co. is creating a “idea portal” on its Web site, to give consumers the opportunity to suggest new features, allow others to critique them and vote for which ones should be considered by Ford’s product development team.”

Seems like a great idea.

Article on FORD Site About Idea Gathering

What do you think?  Should they allow ALL comments to be seen by everyone?

From The Detroit News: http://www.detnews.com/article/20100413/AUTO01/4130330/1148/Ford-to-harvest-product-ideas-from-Web#ixzz0m9T8mjH4

This article is from Marketing Management — You may need to be a Member of AMA to Access all content

Effective Gating by Robert G. Cooper

Effective Gating ABSTRACT

This article is a great reminder that we have TOO many projects in our product development pipeline.

We have ineffective gates (and NPD Processes) that do not KILL bad projects.

We do not have effective (NPD) portfolio management systems and governance processes.

We have TOO many small, incremental projects to be an effective  (NPD) profit growth engine.

What do you think?

From Harvard Business School

“The Evolution of Science-Based Business: Innovating How we Innovate”

This working paper discusses the concept of the emergence of small, technical and science-based firms that are doing much of the innovating because “The professions of management and of science are still largely separate: Scientists receive no formal training in management, and MBAs receive no training in science. This is a striking gap.”   I would say the same is true for engineering thus pointing out the importance of engineers and scientists to secure degrees in business and management.

What do you think?

From KM Edge

Referred by Evelyn of MSOE Rader School of Business MG-750

KM Edge (blog) from APQC presents a wonderful PPT which looks at three Ba Based Knowledge Management approaches in Japanese Companies.  As we study Knowledge Management, we learn more of the concept of Ba.  This presentation gives us some insight into the power of Ba.

Ba Based Knowledge Management Approaches

Comments?

Thank you Wendy and Mike.

From The Today Show

Esquire Magazine Augmented Reality Video

What do you think?

From Fast Company

Google Unveils Real Time Search

From the article……

“But it’s clear that Google’s execs have tapped Twitter as the real winner in real-time status, despite Facebooks half-billion userbase, as these two were presented right at the end. You might think that’s about as real-time as you can get, but the team noted they won’t stop until the speed of light around the world is the only barrier to getting real time search data.”

Look out BING!

Are they now up-to-date?  What next?

From Strategy and Business

Profits Down, Spending Steady: The Global Innovation 1000

“Booz & Company’s annual study of the world’s biggest corporate R&D spenders finds that most companies have stuck with their innovation programs despite the recession — and many are boosting spending to compete more effectively in the upturn.”

My take: Innovation should ALWAYS be a priority. R&D for New Products, a priority.

What do you think?

From Wired Magazine

Chris Anderson “The Future of Free”

This article and and 37 minute video gets you thinking about disruption and the future of free.  Is everything that is digital eventually free?

Is “free” a marketing tool or something else?

From Wired Magazine

The Good Enough Revolution

Craig’s List?

Twitter?

Kindle?

Should we be designing products that are “good enough” (good enuf) but not great?   Is there a “good enuf rvlutn” going on?

From the Harvard Business School Blog…..

How will Augmented Reality affect Your Business

Check out the five “things”.  Personally, of these, the “nature of location” will have the most profound impact.

What do you think?

Thanks David.

From the article “The result of the collaboration between Twitter and Peek is a version of the device built exclusively for sending tweets.

Clad in “Twitter blue,” the TwitterPeek allows all the same functionality of a desktop Twitter client – reading tweets, sending tweets, replying, retweeting and direct messaging – only it gives users that access on the go.”

Dedicated Twitter Device

Will you be getting one?

Thanks for the link Hugh.

How Jobs Transformed APPLE

The Decade of Steve

And, my favorite link   Jobs’ Greatest Hits — A Timeline

So, is he the CEO of the decade?  Is he one of the most innovative manager/leaders ever?

What do you think?

Thanks Hugh

GOOGLE Maps Navigation (Beta) Video

Scroll Down for Video

Awesome!  Perhaps we know why some are predicting  iPhone  domination by the Droid!    Can I build this into my car?  Are you listening Toyota?

Check out the slide shows too!

Voice command.  FREE no ads (for now)

What do you think?

An article on “strategy+ business” entitled “Profits Down, Spending Steady: The Global Innovation 1000″

” Booz & Company’s annual study of the world’s biggest corporate R&D spenders finds that most companies have stuck with their innovation programs despite the recession — and many are boosting spending to compete more effectively in the upturn.”

Within the article we read quotations from business leaders  “Innovation is what drives our competitive position in all three of our markets — automotive, professional, and consumer — and therefore we can’t back off,” says Robert Lardon, corporate vice president for strategy and investor relations at Harman International Indus­tries Inc. Adalio Sanchez, general manager of IBM’s System X server business, echoes that point of view: “I would argue that the recession is a catalyst for in­creased innovation.”

This is encouraging for new product developers and a welcome sign that innovation is live and well, and in fact, an imperative for survival — long term.

What do you think?

Here we go, the rumors are starting?  The New Your Times’ Bill Keller ranting about the end of newspaper publishing (the coming of Googlezon?) and the potential of an iTablet?  Is this good marketing — pre-announcement?  Market Research?  Apple iTablet

What do you think?  Marketing?  Rumors?  Advance, off the record, notice?

A recent HBSP blog post “What Baseball Can Teach Us about Innovation” teaches us that statistics, and the use of widespread use and availability of statistics help baseball improve.  The posting suggests that statistics can help innovation efforts.   From the blog “Companies should create an internal encyclopedia in which they highlight the year they started work on each innovation, what type it was, how projections about its market potential changed through time, its key characteristics, and its ultimate performance. The encyclopedia would facilitate statistical analysis to help the company increase its success rate.”

What do you think, can better categorization and measurements of innovation efforts help us be more innovative?

Thanks to Hugh for the link.

Well, here it is the Barnes and Nobel Nook using the Android System, ATT partnership, wirelesss connection,  and some cool electronics, we have a challenger to the Kindle.

What do you think?

Thank you Kathy and Catherine for this referral.  (Two students recommended this same video)

Great TED Talk on a device that can serve as our “SixthSense”

Amazing and not too far away!

What do you think?