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Vinay Shah commented on the post, Reading Question: Disruption of Abundance, on the site 9 years, 7 months ago
I agree with Kristen’s comments earlier that both abundance and scarcity can both cause disruption and it depends on how you look at it. Abundance can cause disruption as having too many products doing the same thing dilutes the product and so having a creative new innovation can cause a significant disruption. Scarcity on the other hand may not…[Read more]
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Vinay Shah commented on the post, Reading Question: Community of Practice, on the site 9 years, 7 months ago
A community of practice that I’m a member of is American College of Physicians. I became involved in the organization during residency where we would go to events and discuss various healthcare topics ranging from internal medicine topics to patient-related care and safety. By being a member, it allows us to continually update and discuss the l…[Read more]
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Vinay Shah commented on the post, Reading Question: Disruptive Change and Book Publishing, on the site 9 years, 7 months ago
I don’t believe the age of agents and publishers are dead yet, but I do believe that they are becoming an endangered species. Authors are now able to take advantage of the internet to promote and publish their own books. While I am not a big fan of reading, I know many people that read books online. Some include fan-fiction(where ordinary people w…[Read more]
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Vinay Shah commented on the post, Case Question: Open Innovation, on the site 9 years, 7 months ago
Hey Ron,
I agree that establishing a goals for the platform, ensuring an intuitive interface, and ensuring the culture change are very important. I also concur with Christine and Jon about getting buy in from employees to create collaboration with employees(stated above). If there is resistance among employees, open innovation will not be…[Read more] -
Vinay Shah commented on the post, Case Question: Open Innovation, on the site 9 years, 7 months ago
When considering open innovation a company should consider many things such as the culture of the company, the goals of the company. When creating an atmosphere of open innovation, there may be tons of great ideas that are proposed. Fulfilling all the ideas that are proposed may be a waste of resources, so having a clear set of goals for a company…[Read more]
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Vinay Shah commented on the post, Case Question: Radiohead, on the site 9 years, 7 months ago
Stephen,
I totally agree with your thoughts. Creating physical media increases overhead costs. What the band was trying to do was make it easier for consumers to purchase their music while creating a buzz. While they eliminated the middleman, the could notice an increase in their own profits which could potentially be about 70%(including the…[Read more] -
Vinay Shah commented on the post, Case Question: Radiohead, on the site 9 years, 7 months ago
From the perspective of the recording industry, digital media has many advantages over physical media. The first being the reduction in overhead cost. The record company’s share is 56% with digital media, while it can get 10% of profit with physical media. The next advantage is the quickness and ease of distribution. After editing the media, the c…[Read more]
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Vinay Shah commented on the post, Reading Question: The Cloud, on the site 9 years, 7 months ago
In simple terms, the “Cloud” is a space on the internet where applications and files can be executed, saved/stored and accessed from anywhere in the world(as long as you have internet). It can store numerous amounts of data. It will have a lasting impact as every major company is headed towards cloud, with one of the last major company’s being…[Read more]
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Vinay Shah commented on the post, Reading Question: BYOD, on the site 9 years, 7 months ago
Bruce,
I agree with the government’s strictness for BYOD. I once worked at the VA and they wouldn’t even let us connect anything to the computers(including USB drives). So when we had to make presentations, we had to email ahead of time to a certain person and then they would load the presentation up to the computers. It was very strict, but I…[Read more] -
Vinay Shah commented on the post, Reading Question: BYOD, on the site 9 years, 7 months ago
I have the same issue with my Android phone. It is very difficult to carry two phones while working. Kevin, I agree, the existence of Blackberry is because of its security and I feel like they have changed their strategy to focusing more on their software and providing better security. I think Blackberry will make a comeback with all the latest…[Read more]
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Vinay Shah commented on the post, Reading Question: BYOD, on the site 9 years, 7 months ago
BYOD is not supported in my workplace (hospital). We are given a device (Iphone) which is limited in function. They have blocked off access to the app store and we are unable to download anything without the consent of the hospital. When I first started, there was an app that we all used to help us prescribe medications. Our hospital initially…[Read more]
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Vinay Shah commented on the post, Reading Question: Global & Information Technology, on the site 9 years, 7 months ago
I believe Information technology has enabled the emergence of global brands by allowing companies to connect with each other from different parts of the world. When communicating with different parts of the world was once very difficult with snail mail and terrible phone line connections, the internet has created a new form of communication that…[Read more]
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Vinay Shah 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 are: Simple Storage Service(S3), Elastic Compute Service (EC2), Simple DB, Simple Queue Service(SQS). The S3 is a basic interface for storing and retrieving data from anywhere on the web. The technology used for the S3 is similar to Amazon’s internal operations which allows access to unlimited a…[Read more]
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Vinay Shah commented on the post, Case Question: Globalization and Decentralization, on the site 9 years, 7 months ago
I kind of disagree Stephen about the decentralized company. While I do understand your argument, I feel that all the data and structures have to go through a single point person/location. The overall strategy was determined by a central point, and how the regional locations did with the strategy was up to them as long as they followed the overall…[Read more]
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Vinay Shah commented on the post, Case Question: Globalization and Decentralization, on the site 9 years, 7 months ago
IT helped globalized Wyeth by allowing a central source of information. The dramatic increase the IT department employed from 22 people in 1997 to 1800 by 2004 shows the massive undertaking the company took. They created a centralized corporate data center which included a majority of their data and created regional data centers in various…[Read more]
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Vinay Shah commented on the post, Reading Question: Systems Thinking, on the site 9 years, 7 months ago
An example of systems thinking is a baseball team. A baseball team is a function of various different positions which make up a team. If the team performs poorly, a reductionist theory would be looking at the weakest link and trying to find a replacement because that is the simplest way of fixing the problem. A holistic approach would be looking…[Read more]
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Vinay Shah commented on the post, Reading Question: Business Models, on the site 9 years, 7 months ago
Saqib,
Definitely agree with you. Key resources are important not only for you as a surgeon, but for us as a hospitalist as well. For us, physical resources are rooms/beds, imaging technology, and medical supplies. Human resources which is probably the most important includes a group of highly trained physicians, nurses, nursing…[Read more] -
Vinay Shah commented on the post, Reading Question: Business Models, on the site 9 years, 7 months ago
Working in a hospital, there are many boxes that could be used to fit in the canvas. One of the most important boxes would probably be Key Activities, as production and problem solving are very important in my line of work. As a hospitalist, I take care of patient’s that are admitted to the hospital. Patient’s may be admitted with an array of sym…[Read more]
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Vinay Shah commented on the post, Case Question: Volkswagen – Advice for Matulovic, on the site 9 years, 7 months ago
Matulovic should respond to his fellow ELT members that he is trying to create a system of transparency. He created several organizational entities to help with the decision making process, including an IT Steering Committee, Digital Business Council, and Program Management Office(PMO) which is a part of Business Process, Technology and…[Read more]
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Vinay Shah commented on the post, Case Question: Volkswagen Process Assessment, on the site 9 years, 7 months ago
Hey LaRena,
While I believe you have made some very valid points, I would disagree with your feelings of Matulovic’s timeline to be overly aggressive. With Volkswagen’s lack of IT infrastructure(besides GedasUSA), they needed to turn around the department by creating a sense of urgency. I believe if something is urgent, it is very difficult to…[Read more] - Load More