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Sunday, December 07, 2008

The Mistakes General Motors Made

The article in NY times explains it. The mistakes made by General Motors

The article states three mistakes - agreeing to expensive union contracts, not investing enough in smaller cars and failing to convert its plants so they could build more than one type of vehicle.

The Biggest Mistake as pointed out in the article was, "G.M.’s biggest failing, reflected in a clear pattern over recent decades, has been its inability to strike a balance between those inside the company who pushed for innovation ahead of the curve, and the finance executives who worried more about returns on investment."

If you hand over your company to accountants - be sure this is what you will get! It is imperative that you build your own dreams together -rather than helping accountants get their ROI formulas working and killing innovation!

Eigen Value Centrality, Social Network Analysis, Happiness and System Architecture

The recent study on dynamical spread of happiness in social networks uses the Eigen Value Centrality. I would like to quote the relevant portion from the paper
Figure 1 also suggests a relation between network centrality and happiness: people at the core of their local networks seem more likely to be happy, while those on the periphery seem more likely to be unhappy. We tested this by computing eigenvector centrality measures for each subject. Generalised estimating equation regressions show that ego centrality is significantly associated with improved future happiness: a 2 SD increase in centrality (from low to medium or medium to high) increases the probability of being happy at the next examination by 14% (1% to 29%, P=0.03). Moreover, the relation between centrality and future happiness remained significant even when we controlled for age, education, and the total number of family and non-family alters. Thus, it is not only the number of direct ties (at one degree of separation) but also the number of indirect ties (at higher degrees of separation) that influence future happiness. The better connected are one’s friends and family, the more likely one will attain happiness in the future. Conversely, happiness itself does not increase a person’s centrality at subsequent time points (see appendix on bmj.com). That is, network centrality leads to happiness rather than the other way around.

Interestingly I have used eigen value centrality to computer system complexity and distribution of complexity in large scale software systems ( Please see a case study published in TRIZ JOURNAL). This framework called System Complexity Estimator and System Change Impact Model (SCE-SCIM) has proved extremely potent.

Unfortunately the eigen value centrality is not easily understood by business world - Well if you need to know - send me an email ... I shall be able to help you in applying this for various applications!

Idea Crafting - Crafitti Workshops

We have started offering IDEA CRAFTING Framework for large global organizations from Crafitti.

IDEAS are those thoughts that bring in the genesis of change – many times fundamental. These are thoughts that one doesn’t get in regular run-of-the-mill thinking.
IDEAS can happen serendipitously in human mind. They can happen at any time. They can be fleeting glimpses of problem solutions, can be dreams of possible new opportunities, can be new design structures or simply new experiences.
IDEAS doesn’t happen just like that. They come to prepared minds. Only prepared minds can transform these thoughts into change. It requires an ability to generate and execute at the same time.

IDEAS need to be crafted through orchestrated immersion. Contrary to popular belief of organization having lots of ideas and it is all about execution, our experiences show ideas need to be crafted through orchestrated immersion of minds that work inside and with the enterprises.

Idea Crafting framework help us work with large enterprises in generating ideas that become the genesis of change for the enterprises

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