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  Bill Gates to return as Microsoft's white knight?

Summary: Could and should Bill Gates return to day-to-day responsibilities at Microsoft? Fortune is reporting there’s a rumor to that effect. Fortune reported on December 8 that there’s talk Microsoft Chairman Bill Gates might be mulling a comeback, largely to help boost Microsoft’s stagnant stock price and employee morale. I have to say I am very, very, very skeptical on this one. First, it seems this is a single-sourced report. Fortune says: ...

1,509 0 0          RETURN MICROSOFT CHANGE BILL GATES WHITE KNIGHT


  The problem isn’t you. The problem is the problem.

A friendly reminder: The problem isn’t you. The problem is the problem. –Steven Pressfield Some stuff is just hard. We start thinking we messed up. That it’s an issue with us. But it’s not. The work is hard and the problem is hard. You need to solve the problem, not fix yourself. The quote above is from Steven Pressfield’s incredible Do the Work. The audiobook (that’s a store link) is about 90 minutes long, so it fits in a single dreary London commute an...

1,019 0 0          BUSINESS PROBLEM STRATEGY


  Sustainability

When I was in business school 25 years ago, I don't recall the term sustainability used. Maybe it was, but it certainly didn't register in my brain. The mantras that I recall were return on investment, shareholder value, revenue growth, and driving efficiencies in the business.But as I look at many of the challenges facing businesses today, it seems to me that the focus on performance and efficiency often comes at the cost of sustainability. This talk by Clay Christensen really drives that point...

1,418 0 0          EFFICIENCY PRODUCTIVITY SUSTAINABILITY


  Why do business analysts and project managers get higher salaries than programmers?

People get paid less than their employers' "reservation price" (the most they would ever pay), and more than their "marginal product" (the least they would ever work for). Your actual pay on that spectrum is based on your bargaining power, relative to your employer.Say your services to your company are worth $1000 a day. Under the gun, he would pay you that if he had no other choice. Say you would work for $100 a day if you had no other options. That's your range.Say you're new and independent a...

1,552 0 0          PROGRAMMER SALARY DIFFERENCE PROGRAM MANAGER BARGAIN POWER ECONOMIC


  Investment Banking in China — What I’ve Learned & Unlearned

Anyone seeking to succeed in investment banking in China should live by one rule alone: it’s not who you know, but how well you know them. In China, more than any other country where I’ve worked, the professional is also the personal. Comradeship, if not friendship, is always a necessary precondition to doing business together. If you haven’t shared a meal – and more importantly, shared a few hundred laughs – you will never share a business deal. Competence, experience, education and r...

992 0 0          ADVICE BUSINESS CHINA RELATIONSHIP COOPERATION


  Revenue = X

We've been experimenting with app prices for quite some time and again and again we've noticed a funny effect:No matter what price we choose, we always make the same revenue.I attached two charts to illustrate that. I recently lowered the price of the iPad app (http://bit.ly/92xWv1) from 5 to 1 Dollars. At first the sales spike, then they even out to previous levels. Meaning: By cutting the price by factor 5, I am selling exactly 5 x more apps. Then we lowered the price of iA Writer for Mac...

1,465 0 0          SOFTWARE INVESTMENT PRODUCTIVITY REVENUE PRICE DISCOUNT


  “Build something people want” is not enough

Most people take “Build something people want” to mean “Pick a problem to solve and solve it well.” This is not sufficient to build a world changing company.“Why now?” is the question entrepreneurs really need to answer. “Why now” encompasses two important and closely related concepts:Why have previous attempts at this idea failed?What enabling factors have emerged that enable you to succeed today?The world is full of smart people who have the same ideaThere are a lot of smart pe...

964 0 0          EXAMPLE USER REQUIREMENT USER FRIENDLY PEOPLE NEEDS


  India: The World's Secret Silicon Valley

You might not know it, but a key cog in the global innovation machine is hiding in plain sight in the world's largest democracyReutersFor many firms, developing new products for consumers around the world is the most visible manifestation of innovation - the "real deal." But many people still see India as a place where other people's ideas are made or executed and not where innovation begins. (After all, you don't hear about an Indian equivalent to Google, iPod or Viagra.) Bu they're wrong. In m...

3,406 0 0          INNOVATION INTEL INDIA SILICON VALLEY GE CHIP