-
Eric Stanshine commented on the post, Weekly Question #6: Complete by October 15, 2015, on the site 9 years, 7 months ago
The key point I want to remember 5 years from now is to use this same mental exercise to examine innovative technology around me, and not to be so myopic as to only envision it in its current state. By that I mean, disruptive innovation may not seem to be all that disruptive at first, and therefor may be dismissed as not significant unless it is…[Read more]
-
Eric Stanshine commented on the post, Reading Question: Disruptive Change and Book Publishing, on the site 9 years, 7 months ago
LeRena, I agree that in the scenario you describe, self-publishing is the perfect alternative to never getting published. At a minimum it gets what you wrote “out there” and allows it to be seen and hopefully appreciated. If all it did was sit in your computer “collecting dust” because none of the established publishers would handle it, it is…[Read more]
-
Eric Stanshine commented on the post, Case Question: Radiohead, on the site 9 years, 7 months ago
Kerry, even at $2.26 average per download, its better than the $1.40 they would have received per download of digital CD’s through Apple. And, I’m guessing a good portion of those who downloaded it for free would not have been purchasers of the album if it had been offered for sale in the usual way. So I think the average per download needs…[Read more]
-
Eric Stanshine commented on the post, Reading Question: Community of Practice, on the site 9 years, 7 months ago
I am a medical student, having entered medical school directly after graduating college. Although I am a founding partner in a fledgling start up company, it is too new to have garnered me any true business experience to speak of. So, I don’t have the “real world” business experience that it seems most, if not all, of the rest of the members of…[Read more]
-
Eric Stanshine commented on the post, Reading Question: Disruptive Change and Book Publishing, on the site 9 years, 7 months ago
I do think there will always, (well, always is a real long time… but for the foreseeable future), be a role for professional management for authors and artists. It may evolve along the way but it will still be recognizable. So, no, I don’t think the age of agents and publishers is dead.
If the purpose of the author is merely to get his/her…[Read more] -
Eric Stanshine commented on the post, Case Question: Open Innovation, on the site 9 years, 7 months ago
The size of the company and the subject matter to be involved, I think, can affect the acceptance/resistance of the change from traditional practices to open innovation. A company might learn from the Siemens case to target those areas and projects which would be less likely to stoke resistance of the type encountered at Siemens. Similarly,…[Read more]
-
Eric Stanshine commented on the post, Weekly Question #4: Complete by February 15, 2017, on the site 9 years, 7 months ago
Look at Table A. If the artist is also the writer of the song, they stand to make about $3.00 per physical CD sold according to the typical breakdown as indicated in the Table, for a retail priced CD of $14.25. Offered digitally directly by the artist/writer to the public, such as the “In Rainbows” album by Radiohead, even at an “it’s up to you”…[Read more]
-
Eric Stanshine commented on the post, Reading Question: Global & Information Technology, on the site 9 years, 7 months ago
I can think of several types of companies that were, in the past, clearly multinational in nature that were not involved in IT. Actually they were multinational brands well before the internet, computers, etc. Car companies routinely imported or exported their cars from the country where their factory existed throughout the world. Granted,…[Read more]
-
Eric Stanshine commented on the post, Case Question: Amazon Web Services, on the site 9 years, 7 months ago
Paul and Joel, good points about compliance and lighthouse customers, and the fact that blind faith in an industry leader is not necessarily the best strategy. However, I do agree that cloud services gaining third party certifications of compliance, (FIPS, FERPA, HIPPA, ITAR) are the examples you gave, would greatly relieve a prospective…[Read more]
-
Eric Stanshine commented on the post, Case Question: Globalization and Decentralization, on the site 9 years, 7 months ago
Sam, I agree that IT was what helped tie together the various units that had been thinking and operating too much as individual entities and not as much part of a single company. IT greatly facilitated the ability of these units to be linked together and to think and act in conformity Wyeth’s goals. While it might not have been impossible to…[Read more]
-
Eric Stanshine commented on the post, Reading Question: The Cloud, on the site 9 years, 7 months ago
If privacy rights and security issues are consumer friendly, and online access remains relatively easy and inexpensive, then it seems to me that the cloud is definitely an important innovation that will have lasting impact. The ability to store and access data, pictures, programs, etc., from anywhere via any device at any time, while also…[Read more]
-
Eric Stanshine commented on the post, Case Question: Globalization and Decentralization, on the site 9 years, 7 months ago
IT enabled globalization at Wyeth was not simply another version of the centralization/decentralization that any company makes when it has multiple divisions. The history and structure of Wyeth, and of a pharmaceutical company which has a presence in over 140 countries, made this a more unique and complex and fundamentally different…[Read more]
-
Eric Stanshine commented on the post, Case Question: Amazon Web Services, on the site 9 years, 7 months ago
The four major web services described in the case were described by Amazon as infrastructure web services. In alphabetical order they were; Amazon Elastic Compute Cloud (Amazon EC2), Amazon Simple Database (Amazon Simple DB), Amazon Simple Queue Service (Amazon SQS), and Amazon Simple Storage Service (AS3).
Simple Storage Service allowed data…[Read more] -
Eric Stanshine commented on the post, Reading Question: Systems Thinking, on the site 9 years, 7 months ago
That is a great article, with some really interesting angles of thinking about the trade. I agree that it is a great example of holistic, systems thinking applied to sports team management. Besides using systems thinking to analyze who may have “won” or “lost” this trade, it applies other holistic thinking measuring sticks, so to speak. As to…[Read more]
-
Eric Stanshine commented on the post, Reading Question: Business Models, on the site 9 years, 7 months ago
Alex, in Philadelphia, Rothman Institute has earned an excellent reputation by not just delivering excellent medical care. Awards and accolades they earned, such as “Best in Philly” etc., have been effectively parlayed into advertising and other public relations campaigns that show the Rothman Institute’s understanding, as you said, of the…[Read more]
-
Eric Stanshine commented on the post, Reading Question: IT Investments, on the site 9 years, 7 months ago
As a Temple Medical School student I have seen what I believe to be underinvestment by the university in LCMS. LCMS was supposed to be a product the school would use to replace blackboard for classwork and one45 for rotations and evaluations. In theory it was great, and it had some positive reviews from other med schools. However, I believe the…[Read more]
-
Eric Stanshine commented on the post, Reading Question: Business Models, on the site 9 years, 7 months ago
Value Proposition:
I am one of the founding entrepreneurs of a start up company. Our product is a new combination of ingredients aimed at relieving symptoms and shortening the duration of a cold. Besides the effectiveness of this proprietary mixture of ingredients, attention was paid to the product only needing to be taken twice a day, at a…[Read more] -
Eric Stanshine commented on the post, Case Question: Volkswagen Process Assessment, on the site 9 years, 7 months ago
The new process for managing priorities at VWoA is definitely an improvement, and if the new process is itself seen as a work in progress, to be reviewed and refined as its plusses and minuses come into focus, it is an excellent first step. Giving structure and formalization to the process seemed to be a necessary change from the prior procedure.…[Read more]
-
Eric Stanshine commented on the post, Case Question: Volkswagen – Critical Unfunded Project, on the site 9 years, 7 months ago
The global supply chain system was left unfunded because the new process was myopic in only valuing “local”, (VWoA), benefits and having no mechanism within its various steps and assignments of weights and priorities for valuing global benefits. From VWoA’s perspective, fully funding the global supply chain system was not merited based on their…[Read more]
-
Eric Stanshine commented on the post, Case Question: When Hackers Turn to Blackmail, on the site 9 years, 7 months ago
I understand and appreciate your point about not paying the hackers, but I disagree with your final decision. Even as strictly a business decision, (which, when other lives are at stake, I don’t think it is a strict business decision), if you put it in terms of a decision tree, the analysis seems clear. You can either pay the ransom or not pay…[Read more]
- Load More