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My Book on Strategic Decision Making

My Book on Strategic Decision Making
Applying the Analytic Hierarchy Process

Sunday, December 02, 2007

The Next Chinese Outsourcing Wave - Drug Development

The News article caught my eyes. The next wave of oursourcing is drug development.

Are there such easily decipherable boundaries that we can call next wave etc. How does media create this reports? Some weeks back we looked at Butler services and tutor services outsourced to India - some media story teller prclaiming next waves.

When do we really start calling some trend as a wave? When do we really look at a discontinuity from the ongoing trends - is it evolutionary or step-jump? Are there really ways to forecast? Are there really trends?

Altshuller the creator of TRIZ found some trends in system evolution - the technological systems evolution. Are there trends everywhere? If yes than what are Black Swans - the phenomenon described by NNT in this book as well as his previous book - Fooled by Randomness.

How do we really understand trends - I have no answer?


Vedic Inventive Principles

Karthik's article on The Vedic Inventive Principles which he has been carrying out research for last almost a year has been published at the innovationtools. One can download the artilce as pdf from there.

I have experimented with some of these principles in the Innovation workshops, and found to be very productive. These are used as triggers for making people come out of psychological inertia. Further some of Karthik's explanations as described in his paper have been quite effective.

This has led us to explore other sources of higher inventive principles. Of course the initial trigger was the TRIZ 40 Inventive Principles. As part of larger sources of higher order principles we are carrying out research on other sources besides ancient texts which Karthik has been researching. Other sources may be nature - natural evolution, complexity theory, complex systems, heuristic optimization rechniques - Genetic Algorithms, Simulated Annealing, Ant Colony Algorithms, etc. It will be great if more people join in this research to explore and come out with a higher order set of Inventive principles.

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