Month: July 2010

  • BP & more news

    BP

    How the Gulf crisis made BP British again. – By Daniel Gross – Slate Magazine – interesting study in crisis communications. BP is one of the oil industry’s ‘seven sisters’ or supermajors. Although that term doesn’t reflect the power of national oil companies in places like China, Saudi Arabia, Norway, India and Qatar. BP is vertically integrated in all areas of the oil and gas industry, including exploration and extraction, refining, distribution and marketing, power generation, and trading. It has been steadily building out interests in alternative energy such as solar as well. The British positioning of BP is at odds with the fact that the company operates in 80+ countries. The company came out of British efforts at oil exploration in what’s now Iran at the beginning of the 20th century. BP has been in Alaska since 1959 and was one of the first majors in the North Sea.

    BP

    Culture

    Sissy Bounce, New Orleans’s Gender-Bending Rap – NYTimes.com – Derek B’s 808 roll on Rock the Beat is a cornerstone, immortalised like The Winston’s Amen Brother. Really interesting sound very similar in spirit to the roots of hip-hop like the live shows back in the day at Harlem World

    80 Blocks From Tiffany’s – gangland culture in 1970s New York

    Economics

    Long-term unemployment: Leaving the labour force, bit by bit | The Economist – interesting article on the economic impact of the long term unemployed

    How to

    Apple – Support – Manuals – goldmine of Mac stuff

    Japan

    中古レコード・CDの販売/買取 COCONUTS DISK – awesome Tokyo record store

    飛騨高山 留之助商店 本店 – amazing Japanese store full of modern pop art and cool kitsch stuff

    As Some Vow to Scale Back, Panasonic Pushes Vast Catalog – NYTimes.com – similar challenges to what Sony faces

    FT.com / Companies / Automobiles – Japan’s new rules change face of AGMs – will this make it harder for Yakusa to disrupt and hassle Japanese company AGMs and will it help corporate governance?

    In a Partnership of Unequals, a Start-Up Suffers – NYTimes.com – Bill Gates-owned Corbis convicted of fraud and ‘misappropriation of trade secrets’ – basically piracy

    Media

    People worry about over-sharing location from mobiles, study finds | Technology | guardian.co.uk – may hamper adoption of where2.0. Yahoo!’s FireEagle project was precient in the way it allowed users control over how exact location data was

    Online

    Will Zynga Become the Google of Games? – NYTimes.com – nice profile of Zynga

    People worry about over-sharing location from mobiles, study finds | Technology | guardian.co.uk – may hamper adoption of where2.0. Yahoo!’s FireEagle project was precient in the way it allowed users control over how exact location data was

    Yummly – Think outside the recipe box. – interesting take on the recipe site using semantic technologies

    Software

    Digital Domain – Even With All Its Profits, Microsoft Has a Popularity Problem – NYTimes.com – Microsoft’s financial performance is not not reflected in its share price and a far bit of that has to do with the corporate communications letting the organisation down

    Windows Phone 7 a ‘disaster’ says Infoworld after developer demo | Technology | guardian.co.uk – could Microsoft have a completely screwed ‘Vista-like’ mobile strategy on its hands? This isn’t the first time that a Windows demo had gone wrong for Microsoft, in the past the company still managed to do really well selling the Windows product in question

  • Closing the innovation gap – Judy Estrin

    Closing The Innovation Gap is a rare breed of book. It looks with a clear eye at the subject of innovation and Silicon Valley.

    Innovation is an overused word, companies like to have it associated with their brand, products and services as it affects both the share price: covering management sins and providing investors with a veneer of hope for future growth. In a previous life, I worked at a firm where we used to talk about doing ‘innovation communications’. Where the theory went, we helped innovative companies communicate the fact that they were innovative.

    All this pre-supposed that we had a clear definition of what innovation was. From my time there, there seemed to be an assumption that all IT and biomedical related businesses were essentially innovative (unless they competed against our existing client base).

    Whereas a food business that borrowed the ‘virtual fab’ model from chipmakers in the semiconductor industry to take on big guns like Proctor & Gamble or PepsiCo wasn’t. I guess the bottom line I am trying to get across is that innovation is critically important, yet tragically misunderstood by many people.

    Judy Estrin has a genuine pedigree in innovation coming from a family of innovators. Her father worked with John von Neumann (the father of modern digital computing) at the Institute of Advanced Studies in Princeton and her mother was a professor at the computer science department of UCLA.  Judy has a Silicon Valley pedigree having had senior roles or been a board member at: Sun Microsystem (who build servers on which banks, telecoms providers and many dot.coms depended – now part of Oracle), Cisco (who pretty much are the internet infrastructure) and FedEx.

    The book addresses the challenge of innovation that we currently have.

    I have had a gut feeling about the decline in pace of innovation over the past decade or so. In a lot of respects improvements in computing have lost their sparkle, they longer feel like a leap forward, but more of the same.

    When I think about the dot com period there were meaningful improvements in telecoms hardware, web technology, software and business processes – not all of them where financially successful but things felt as if they moved forward.

    If I think about web 2.0 – the biggest single improvement was more of a software engineering improvement with a deliberate focus by the likes of 37signals and the original flickr team on avoiding feature bloat at the expense of usability.

    Facebook is an evolution from the likes of The WELL, Friendster, Friends Reunited and MySpace – rather than a true innovation.

    The iPhone whilst beautifully crafted in terms of software and hardware, increasingly reminds me of my long departed Palm Vx PDA – but with a shitty battery life.

    In Closing the innovation gap, I found the book to fall into three distinct sections:

    • Charting the origins and progress of what I will call ‘innovation entropy’ in the west. This talks about how the cold war was entwined with the rise and stall of innovative research that helped in creation of technology that we take for granted today: keyhole surgery, the internet, modern computers, cellular phones and CCDs (coupled-charged device which go into digital cameras.)
    • The economic and cultural effects of ‘innovation entropy’. In this respect Estrin echoes the work of Will Hutton’s The state we’re in published in 1996 which I read in college. Like Hutton, Estrin is a critic of short-termism in business, the financial markets, academia and government spending. Some of this short-termism was unintentional as the law of unintended consequences kicked in due to changes in regulations that were designed to encourage innovation. A secondary factor that Estrin points out is a corresponding lack of appetite for risk – or the rise of risk management which has helped cripple long-term research which begat big innovation
    • How to address ‘innovation entropy’. In Closing The Innovation Gap Estrin maps out the areas where educators, government, financiers and businesses need to change and collaborate on. This collaboration requires root-and-branch change

    Estrin’s book is powerful as she pulls together a coherent story which makes it easy to read. As a prominent person within Silicon Valley she gains access to many people who are at the head of organisations driving innovation at the present time. More related content here.