FIND InnoNuggets

 

Friday, March 07, 2008

What is Intellectual Property?

According to the post here, Intellectual Property is neither Intellectual nor Property....
The author offers following alternatives to be chosen top rename IP as


Intellectual Monopoly:
Intellectual Privilege:
Imaginary Property:
Others: Imposed Monopoly Privileges (IMPs) and Government-Originated Legally Enforced Monopolies (GOLEMs),
None of the Above:

The author actually misses out the real option - which is ALL OF THE ABOVE! and it really does depends upon the context by the way!

New Enterprises in New World

I have been making various presentations to colleges and universities recently. The last slide typically is coming out as below (Slide before THANK YOU)

FINAL POINTS
o Globalizing World – Complexity Explosion
o Globally Distributed Enterprises are the norm
o Idea proliferation and making it work is a challenge
o Knowledge is Social, Learning is Experiential
o Explore, exploit and develop social computing solutions – Wiki, BLOGS, FaceBook, Second Life – in the Enterprises
o It is really the Simplicity on the other side of complexity!

Competitive Advantage in the Connected Age

In the CONNECTED AGE what is your competitive advantage - from ownership to co-creation.

Lean Manufacturing terms - Glossary

The recent article on Lean Manufacturing Terms, is interesting.
I liked the following terms
Chaku-Chaku: a Japanese word that means “load-load.” It is a method of conducting single-piece flow in which the operator proceeds from machine to machine, taking a part from the previous operation and loading it in the next machine, then taking the part just removed from that machine and loading it in the following machine. Chaku-chaku lines allow different parts of a production process to be completed by one operator, eliminating the need to move around large batches of work-in-progress inventory.

Kitting: a process in which assemblers are supplied with kits--a box of parts, fittings and tools--for each task they perform. This eliminates time-consuming trips from one parts bin, tool crib or supply center to another to get the necessary material.

Value: a capability provided to a customer at the right time at an appropriate price, as defined by the customer.

Look at VALUE - it is DEFINED BY THE CUSTOMER!!!!

Are you involved with your clients?

The first step to co-creationization is really to be involved with your customer. For this to happen, you need to build a level of continuous relationship - that need
deep investment of time and effort with the customer
deep observation of what customer does
involving customer in solving his problem through your capability
The Relationship pyramid (initial to final)

1. When you eat together with our customer
2. When you drink together with your customer
3. When you walk together with your customer
4. When ou know each other's secrets

These stages need an increasing level of TRUST.

Ask this question, " Does your Customer TRUST you, and do you trust our customer" - Mutual TRUST is the need!

My Book @Goodread

My GoodReads