Category: business | 商業 | 상업 | ビジネス

My interest in business or commercial activity first started when a work friend of my Mum visited our family. She brought a book on commerce which is what business studies would have been called decades earlier. I read the book and that piqued my interest.

At the end of your third year in secondary school you are allowed to pick optional classes that you will take exams in. this is supposed to be something that you’re free to chose.

I was interested in business studies (partly because my friend Joe was doing it). But the school decided that they wanted me to do physics and chemistry instead and they did the same for my advanced level exams because I had done well in the normal level ones. School had a lot to answer for, but fortunately I managed to get back on track with college.

Eventually I finally managed to do pass a foundational course at night school whilst working in industry. I used that to then help me go and study for a degree in marketing.

I work in advertising now. And had previously worked in petrochemicals, plastics and optical fibre manfacture. All of which revolve around business. That’s why you find a business section here on my blog.

Business tends to cover a wide range of sectors that catch my eye over time. Business usually covers sectors that I don’t write about that much, but that have an outside impact on wider economics. So real estate would have been on my radar during the 2008 recession.

  • Montblanc + more things

    Montblanc

    Montblanc launches connected pen and paper | Luxury Daily – interesting move by Montblanc. The technology for connected pens similar to what Montblanc is doing has been around for a while. However it is interesting seeing a luxury brand like Montblanc enter the field. Montblanc has also done interesting things in wearables as well.

    Business

    Chinese Billionaire Linked to Giant Aluminum Stockpile in Mexican Desert – WSJ

    Culture

    A great documentary on the (little known in the UK) early 1990s US rave scene that blossomed on the west coast and gave us the likes of Hawke, The God Within aka Scott Hardkiss, Onionz and the like.

    Design

    The last day of hot metal press printing at the New York Times

    Media

    WeChat and Brands | WeChat Blog: Chatterbox – Caesars Entertainment and interesting concierge bot trial

    Evolving App Store Business Models – David Smith – move to ads from payments or subscription pricing

    Security

    Cisco’s Network Bugs Are Front and Center in Bankruptcy Fight – Bloomberg – and there is the opportunity for other vendors to get in

    Now for a more disturbing piece of technology, that my colleague Matt shared with me: OfferMoments looks like a privacy nightmare a la Minority Report. I found this a disturbing 90 seconds of viewing as marketing walks all over privacy in an unprompted very intrusive manner.

    Software

    Instagram lawyers tell owner of anti-litter app to change its name | The Guardian – interesting move, will this open the door for them to go after the likes of Telegram (messaging app) later on

    Wireless

    Un-carrier Network List of Firsts | TelecomTV Tracker – summary of T-Mobile US rollouts

    Apple Plug – neatly skewers the iPhone 7

  • September 11

    15 years ago on September 11, 2001 I worked agency side in Haymarket in London’s west end  for Edelman. It was a normal day. Well as normal is it gets when you are in the middle of the dot com bust fallout. It was a mix of mobile businesses trying to ride the mobile internet wave and service providers for the soon to launch 3G mobile networks. Alongside this was helping dot com businesses try to find their place in the new world.

    My job meant working on communications programmes for the European subsidiaries of technology companies. This was to reflect a ‘business as usual’ face to their customers. This allowed the European subsidiaries to keep their businesses largely intact so that they could be sold off to help bail out the financial hole that the US parent company had made.

    The businesses had grown on generous venture capital payments, share placements and bank loans. The dot com bust suddenly meant that there was a surplus of servers, network switches, bandwidth, commercial space and Herman Miller Aeron chairs.

    Due to the nature of the business I worked closely with colleagues on the finance team because I spoke ‘geek’ and understood how screwed these clients happened to be.

    The financial and corporate teams worked for a number of clients, notably Cantor Fitzgerald. They were to lose two thirds of their personnel by the end of the day.

    It was early afternoon, when I realised that something was up. We had TVs around the agency that often weren’t on. This time they were all turned to Sky News, which was running the footage. After the troubles and bombings in Beirut, it wasn’t a complete surprise to see another landmark attack – at least at first.

    Once the scale sunk in, then the realisation of how different the world was going to be after September 11 started to dawn on me. More related content here.

  • 2016 Apple event

    In a now annual ritual its 2016 Apple event held on September 7 left me a lot to reflect on.

    Style

    • The presentation was telling a hard story to an audience that were likely to be underwhelmed. Phil Schiller rather than Tim Cook carried the most difficult parts of the keynote.
    • The piano finish device was an obvious attempt to provide a style angle to the new iPhone and mask the aerial sections. However it is a class action waiting to happen as it will dull over time with micro-scratches
    • The story that the audience was told didn’t feel right. Lets talk about the headphone jack. The double camera only appears in the Plus, so the requirement for room isn’t a credible argument on its own, other vendors have managed to waterproof handsets with headphone jacks. I suspect that Apple isn’t sure that its backing the right horse. Its the least aggressive change they’ve made in a while. The inclusion of an adaptor shows that their user aggression still isn’t as high compared to when they got rid of: SCSI, Apple Desktop Bus (ADB), iPod 30 pin port (still pissed about that one), AppleTalk, floppy disks or optical disk playback and storage – I suspect that they are fearfully waiting to see what the pre-order numbers will be like and they should be. A straw poll of AdAge readers (core Apple user demographic) showed overwhelming disappointment
      AdAge readers on new iPhone
    • There is a lot of really nice features in iOS 10 – I’ve been using it for a while, why didn’t they make more of this and macOS Sierra?

    Substance

    • Innovation in the smartphone category has flattened out. The iPhone 7 provides reasons for laggard iPhone users to upgrade, but nothing for 6 and 6S series users. There are few if any innovations for the likes of Huawei to ape in their new models
    • Innovation in smartwatches has plateaued. Apple is coalescing around fitness and dedicated products are much more cost effective for consumers. In China Xiaomi’s fitness band sells for about £15, for many consumers it would be enough. Fitbit is doing well – Apple’s wrist computer (alongside Samsung Gear etc) looks like a sledgehammer to crack a nut
    • Apple have done nothing to address the latent demand for new laptops amongst consumers (I am still happy with my 13″ Retina MacBook Pro). There was no replacement for the Cinema display (again, I am happy with my current set-up, but where is the pro-user love)
    • Apple abandoned its flirtation with luxury by discontinuing the gold Watch. They are still holding out to be viewed as stylish by doubling down with Hermes and a white ceramic device – it would work on the opposite wrist to a Chanel J12
    • It was curious that Apple moved away from talking about security and privacy; the collaborative document working using iWork which could be seen as a potential attack vector on to the desktop. The Air Pods that sync seamlessly with a device without visible security precautions.  iPhone security was addressed in the James Corden car karaoke skit at the beginning of the show rather than woven through the materials.
    • The speech about the app store was to try and bolster developer support, I suspect that services will shore up the Apple financial numbers over the next 12 months
    • The Nike branded Apple Watch was part of a broader move reposition the Apple Watch 2 as a fitness device and probably the biggest transition of the 2016 Apple event.

    More related content can be found here.

  • Yamato Express + more news

    Yamato Express

    JTB, Panasonic, Yamato eye paperless luggage transport service for tourists | Japan Times – this looks awesome. Yamato Express is a logistics company that will do everything from parcel delivery to helping you to move house. The Yamato Express business philosophy is embodied by our symbol of a mother cat carrying her kitten. Yamato Express look to deliver the same level of care to every customer relationship – and believe in our responsibility to contribute to their customers’ wellbeing and prosperity. I have experienced their service in both Hong Kong and Japan and Yamato Express is a level above UPS, Fedex etc.

    Yamato Delivery
    Yamato Express logo showing a cat carry its kitten. The implication is that they take the same care

    Business

    WSJ City – City of London Office Rents to Slide – if its steep enough, will there be new office opportunities for agencies priced out of West End over past decade or so?

    Culture

    The tables are turning: Now that anyone can be a DJ, is the art form dead? | The Economist – not so sure about this article, Phonica and the like are still doing well on vinyl. Also a good deal of the DJs skill is in programming which is distinctly different from making a good Spotify playlist.

    Tinker, tailor, writer, spy: the many lives of John le Carré, in his own words | The Guardian – always liked Cornwell, this makes me like him more

    Design

    Italy’s Fertility Day posters aren’t just sexist – they’re echoes of a fascist past | The Guardian – regardless, Italy (and other EU countries) have an ageing population that needs to be addressed or planned for

    Calm Technology – reminds me a lot of Dieter Rams principles of design adopted for a digital age

    Ideas

    Mike Jay – Paranoid Android | Literary Review – especially pertinent given my re-reading of Do Androids Dream of Electronic Sleep

    Japan

    Japan’s message to the UK and EU – Japanese ministry of foreign affairs – interesting technical document that highlights how fucked the UK could be, this outlines the red lines that drive Japanese companies out of the country to another EU country instead. Unfortunately it will be too subtle for UK politicians  (PDF) More Japan related posts here.

    Media

    Yes, the News Can Survive the Newspaper – The New York Times – One day many decades hence, when your grandchildren ask you, “Grandma, what was a newspaper?” you can direct them back to Wednesday, Sept. 7, 2016. Because it may well go down as the day the American newspaper as we’ve known it moved out of intensive care and into the palliative wing on its way to the Great Beyond

    The Twilight of Fox News – The Atlantic – interesting demographic cliff challenge, I would imagine that newspapers face a similar if less extreme challenge?

    eBay Receives Positive Results From Branded Podcast | IPG Media Lab – interesting case study on podcast advertising

    Brands Cling to TV Advertising | L2 – because mass reach is 500 times more expensive on digital than on TV

    Retailing

    Amazon.co.uk: Dash Buttons: Kindle Store

    Will Amazon Kill FedEx? | Bloomberg – reminds me of Alibaba in China. The key difference is Amazon’s belief that they will always have the cheapest capital

    Security

    Governments and nation states are now officially training for cyberwarfare: An inside look – TechRepublic – no real surprises given how every product category seems to have a processor and connectivity, but an interesting read

    Software

    PaddlePaddle – Baidu’s open source deep learning code

    Smartphone apps now account for half the time Americans spend online | TechCrunch – interesting data points. More on smartphones here.

    Technology

    Tech Billionaire’s Data Startup C3 IoT Raises $70 Million – Bloomberg – just as the heat is leaving the IoT market and going into fintech, cryptocurrency and blockchain based verification / recording systems

    JK Scheinberg: Apple engineer rejected from job at Apple store Genius Bar – Business Insider – Apple can add ageism in recruitment to its woes

    Details Emerge On China’s 64-Core ARM Chip | NextPlatform – ARM as RISC server processor. ARM is more optimised as a client processor, whilst the power reduction focus is good, this isn’t necessarily the slam dunk that it appears on paper

    Softbank has completed its £24B cash acquisition of ARM Holdings | TechCrunch – expect a big IoT play. I don’t get what SoftBank really bring beyond money.

    Customer Letter – Apple (IE) – relates to EU tax finding against Apple

    Web of no web

    Alcatel’s standalone VR headset is a tough sell | Engadget – really smart product design in terms of weight distribution. I suspect a good deal of the issue is access to compelling content and that consumers have been educated to do everything on/with their smartphone

    Wireless

    Total Recall | CCS Insight – Samsung’s Note 7 battery issue will be forgotten (like Dell and Sony’s laptop battery issues in the past). They will take a bit of a hit on their quarterly results, but business insurance will probably cover it

  • Travel hacks & inspiration

    Some travel hacks:

    • Mytaxi – works for European cities, similar to Hailo or Uber
    • 3 Feel Like Home – not having to worry about roaming charges in a number of countries. There are a couple of things to be aware of:
    1. If you have a tethered broadband component to your phone tariff it won’t be part of Feel Like Home
    2. You will be on 3G networks rather than LTE back in the UK, your mileage may vary

    More travel hacks here

    The New Yorker has been producing some fantastic surreal content

    The Suicide Squad movie was disjointed to say the least, but one good thing that came out of it was a collaboration between Action Bronson and Mark Ronson

    Korean cosmetic brand Innisfree tapped into the aspirations of Korean and Chinese consumers with this fantasy VR bike ride to Jeju Island. The execution was canny, from a technical perspective it deals well with the motion / balance issues that VR projects sometimes have. Jeju Island is a famous for its pleasant weather and more relaxed lifestyle. Chinese investors have recently been driving up property prices there. More Korea related content here.

    Finally, man gets tattoo in shape of scar to support son after surgery.