Instant value perspective

Business evolves

Modular

No ‘limits’ ?

Fast experimentation

Few principles and laws

Function of components/ processes

Systems complexity

Trends; not ‘laws’

Slow, ambiguous experimentation

Clear principles/laws

Predictive

Quantitative

Defining the market

Know the competitiors

Economic Analysis

Capital

Timing

Tooling

Operation control

Supply organization

Testing

Vision, courage, initiative, commitment, persistence, independent thinking, drive, and ambition to succeed.

Adam Osborne decided to package all the PC components together as a portable computer (July, 1981).

In two months the company had its first $1,000,000 in sales.

By the second year the net revenues reached $100,000,000.

Consumer were interested in a larger, more standard 80-characters display

Osborne delayed the generation of needed capital through public offering for 6 months

Kaypro, a competitor, took advantage of the weak points and introduced the larger screen model in the perfect time for market demands.

Osborne announced he will introduce the bigger screen one while still has orders for the 1st model (large inventory) – A serious mistake.

New product concept creates new markets or alters old markets

If a company competes with innovation, it should plan to continue competing with innovation

All products have a finite life span. Timely product innovation should be part of every management’s technology strategy

The timing of announcements is very important

Capital formation and cash flow are very important for a growing business

New product concept creates new markets or alters old markets

If a company competes with innovation, it should plan to continue competing with innovation

All products have a finite life span. Timely product innovation should be part of every management’s technology strategy

The timing of announcements is very important

Capital formation and cash flow are very important for a growing business