Archive for the ‘Technology’ Category
I’m amazed at what I am learning about business and transportation by observing my 14-month-old grandson. . . . I’ve learned the importance of positive motivation and correcting bad behavior. I’ve learned that we are wired from birth—it’s all about identifying everything, keeping information on everything, moving everything faster, better, cheaper from . . .
Everyone is talking about big data, deep learning, IoT, and more. What’s the GAME plan for big data? I mean, how are you going to Grow And Make Earnings with all that data. How do you turn Data into Information to make an informed Decision so that you can look back and say you DID it.
Usually, DDS are the initials after your doctor of dental surgery. Change is about as fun and pain-free as getting your tooth pulled, a root canal drilled out, and an implant put in. Not much fun in anyone’s book. . . . But, what if, we returned to local production, on demand? What if we went places with our virtual reality goggles and physical simulators? What if more and more of our Needs or Wants (NoW) could be produced on demand, right where we are?
I was probably born ready to be a technical type of person and very different from my wife. Certainly I made choices along the way, but they seem to have been in the direction of technical items. Mack Trucks was born ready to move things. Their new Anthem model is worth hearing about in their new song. What are you born ready to do? What’s your anthem?
The pessimists I know all proclaim, “I’m not a pessimist, I’m a realist!” Really? If perception is reality, then they must be right. . . . The Oregon Story Board is a non-profit at the forefront of training students to be able to use the HoloLens for educational purposes.
I have to admit that some part of the business person in me is a closet geek. After all, I went to a technical, magnet high school and to a technical college. Yet, there is a direct connection between this and the emotional trigger that causes people to take action and buy something. Watch television commercials, especially for cars and trucks. Speed, performance, and “sexiness” are what are being sold to us. While the technical people at the car companies want to
Technology changes everything. Brick and Mortar style retail is in need of a new business model—and soon. Saving time and money with eCommerce is seriously changing retail, yet hands-on the product is important. The value of hands-on is less than the current cost, so change is needed.
Most everyone cares about the fuel economy of their vehicle, whether you are an environmentally friendly person driving the latest battery-powered vehicle, or a driver of a powerful pickup truck. Recently, the president unilaterally approved the Paris Agreement that will put us on a path to reduce CO2 and GreenHouse Gas emissions. The two are closely related, as emissions from transportation are a significant factor that is controllable by technology and human behavior. To a large extent, this involves raising the bar on new production of vehicles and new power plants, requiring them to be cleaner. Alas, we often overlook another approach that applies to everything in business.
Computers in the office, robots in factories, and driverless vehicles are often intended to reduce manpower and have fewer people doing direct labor. However, the end goal is to feed people, move people, supply people, or otherwise make people more relaxed or happier. There is no business without people.
The board must be involved with management to create long-term growth for a company. Trust is essential between the board and management. The size of the company affects the role of the board. Listen to the interview and hear some of the red flags board members should consider.