Francisco Dao is one of my favorite bloggers. Francisco focuses like a laser beam on the tough issues of entrepreneurship with unfailing logic, sometimes tough for some to hear. In a previous post, Francisco spoke openly about the frothy enthusiasm and euphoria surrounding entrepreneurship, suggesting that there were too many entrepreneurs producing too many mediocre ideas. In this post, Franciso explores the current shift in entrepreneurial profiles, bemoaning their ignorance of how businesses work, and the embarrassing consequences.
This Gizmodo post of aerial drone footage of surfers at Lighthouse Point in Santa Cruz, caught my eye. For those unfamiliar with Santa Cruz, it is a beautiful view, likely to entice you to visit Santa Cruz. For those, like me, very familiar with Santa Cruz and the entire coastline up to Maverick’s, it will make you smile. Aerial photography credit to Eric Cheung.
Mayo0615 Reblog from July 22, 2013 It dawned on me that my blog post from…
Not much to say here, only that this is one of those special days when you can imagine the Okanagan morphing into a very warm summer day in a Provence. My preference would be a villa on the small lake near Isabelle’s home village. Salade Nicoise seems perfect for a day like this. That’s it!
The term “Internet of Things” is being loosely tossed around in the media. But what does it mean? It means simply that data communication like the Internet, but not necessarily Internet Protocol packets is emerging for all manner of “things” in the home: light switches, lighting devices, thermostats, door locks, window shades, kitchen appliances, washers & dryers, home audio and video equipment, even pet food dispensers. You get the idea. All of this communication occurs autonomously, without human intervention. The communication can be between and among these devices, so called machine to machine or M2M. The data communication can also terminate in a home compute server where the information can be made available to the homeowner to intervene remotely from their smart mobile phone or any other remote Internet connected device.
Industry analysis is not a well understood discipline. It sits between macro economic analysis and market analysis, and uses tools from both. It is most commonly associated with the financial services industry which produces guides for their investors. But there are also large global consultancy firms that specialize in industry analysis. It is an important tool for governments, regional development agencies. Companies use industry analysts to assist their strategic planning. Those who can anticipate the changes in an industry are more likely to be successful. This brief presentation provides an overview of what industry analysis is, examples of industry analysis in action, and why it is so important.
Reblogged from the HBR Blog Network, July 9, 2013 Why Fights Erupt in Family…
Incoming fourth year UBC Faculty of Management students will recall these 5 public speaking tips from my MGMT 340 Management Communication course. It is a good review of what you learned so that you can exploit your public speaking skills in fourth year classes. The more time and effort you put into your preparation and practice, the more successful you will be in public speaking situations. Remember that verbal communication in interpersonal “one on one” and “one to many” situations has been described by Warren Buffett as the single most important management skill he learned.
This IEEE Talk discusses the three biggest trends in online technology and proposes that in fact, they represent one huge integrated trend that is already having a major impact on the way we live, work and think. The 2012 Obama Campaign’s Dashboard mobile application, integrating Big Data, The Cloud, and Smart Mobile is perhaps the most significant example of this trend, combining all three technologies into one big thing. A major shakeout and industry consolidation seems inevitable. Additional developments as diverse as the Internet of Things, Smart Grid, near field communication, mobile payment processing, and location based services are also considered as linked to this overall trend.
At the request of Professor Ray Taheri of the UBC Engineering Faculty, I gave this guest lecture to all 4th year engineering students in ENGR 499 Capstone Project. From my background in entrepreneurial mentorship and entrepreneurial finance, I focused on the unique challenges engineers face in considering starting and developing a new venture. I discuss the full range of issues, but my personal emphasis, from experience, is the “character” issue. Some excellent engineers have successfully made the transition to entrepreneurship and executive management, but for others the odyssey is a bridge too far. Consequently, I place significant emphasis on honest self-analysis and appreciation of one’s strengths and weaknesses. Listening is a priceless skill.