Kao, Moore, Metcalfe, Gilder - Four Important Laws Demonstrating the Impact of Technology

Following are four important laws that demonstrate the impact of technology through innovation and creativity:

1) Kao's Law - Creativity - Creativity rises exponentially with diversity; hence, the more diverse a population, the more creative it becomes.
2) Moore's Law - Processing Power - The power of computing will continue to double approximately every 18 months, while the price of computing power will halve over the same period.
3) Metcalfe's Law - Networks - The value of a network is the square of its nodes; applies to social networks as well - hence the disproportionate growth in the power of social networks such as Linkedin and Facebook once a certain critical mass is reached. Also consider the immense power each additional member adds after a certain point...
4) Gilder's Law - Bandwidth - Available telecom bandwidth will triple every 12 months. If we can freely stream video to every household now - what will we be able to do in a decade???

Familiar with any other groundbreaking rules worth mentioning?
Post a comment!

How to Pitch your Idea, Business, Yourself!

Four easy stages to pitch fluently:

1. Take the time to construct a succinct, single sentence explanation of your idea, your business, yourself - whatever it is that you are trying to pitch - this is commonly known as the "elevator pitch"
2. Know your pitch cold, be able to repeat it if wakened from your sleep
3. Show passion when you pitch!
4. Visualize your success!!

What to do with the iPad?!

For those of you who had not had the privilege of coming across George Colony's writings as yet - George is the CEO of Forrester, and he writes a nice little blog "For the Counterintuitive CEO"

Mr. Colony hits the iPad problem right on the head - there is simply nowhere left to put it...position that, eh? :-)

For more Forrester blogs see http://blogs.forrester.com/

Great Examples of Major Product Flops

Great product flops courtesy of Fast Company.

For some more excellent examples from the dot.com era pick up Philip J. Kaplan's F'd Companies.

But never forget, failure begets success.
Those who don't fail - haven't tried.
Those who haven't tried - never succeed.

Rainmaking...Changemaking...Some Key Tips for Effecting Change and Driving Innovation

Here are six great pointers on driving change, adapted from HBR's Management Tip of the Day (March 25 2010):

+ Connect people who have common interests but don't know each other.
...use Linkedin, Facebook
...make a successful connection and you strengthen your own!
+ Create innovative new business models by bringing together people and resources in new ways.
...almost everything ever created was derived from something that existed before
...try to look at things in new ways!
+ Keep driving forward with your ideas (granted that you believe in them!) until you find success.
...don't necessarily stick to the same idea
...be flexible
...remember that failure begets success!
+ In the networked age, ideas frequently are more powerful than credentials
...don't give up on someone just because he didn't go to the right school...
+ Recruit supporters early on in the change and/or innovation process
...it's tough to go it all alone!
+ Delegate, delegate, delegate!
...empower others to effect change
...provide a safety net