Where does our national competency lie? The reason I ask has something to do with my observation of many prominent individuals in the Philippines (at least those that I know of) pushing for I.T. entrepreneurship and competing head-to-head with India. It makes me wonder if this is where our national competencies are. Amidst all this … Continue reading Where Should the Philippines Go?
Here is our group’s PowerPoint presentation based on the IBM Global CEO Study conducted last 2006. Some interesting points to consider here: While innovation in the product/service/market and operational aspects remain fundamental, many CEOs now regard business model innovation as the new frontier. One that will give their organisation an edge over their competitors. In … Continue reading 2006 IBM Global CEO Study
These are my initial notes on a journal article I’ve been reading the past few days. I will try to come up with a more comprehensive commentary in the next few weeks. But in the meantime, here is what I’ve gathered from it. The dominant logic for marketing in the early days was directly inherited … Continue reading A New Dominant Logic for Marketing
Has Knowledge Management made a significant and positive impact on the small and medium-sized enterprise sector in the past decade and is it still relevant today?
Studying the progress of small and medium-sized enterprises (SMEs) is an activity that no country can take lightly because of the sector’s significance in a nation’s economy. In Germany, for example, 97.9% of all companies fall within the SME category (Wickert and Herschel 329) providing 36% of all industrial investments (Wimmer and Wolter, 2000). Likewise, in Australia, SMEs account for 97% of all private sector businesses and produce 30% of the nation’s output (ABS 1). Among the various types of studies conducted within the SME sector, Knowledge Management (KM) is one that has recently seen an increased level of interest. This is mainly due to the realisation of many practitioners and experts such as Desouza and Awazu that SMEs are in a unique situation where their most significant assets are intangibles comprised mainly of knowledge (33).
This paper will examine the progress of the KM movement within the SME sector through the use of findings from studies conducted by experts in the field. First, it will put KM in context by showing its significance as a crucial tool for the sustainability of SMEs. Second, it will present recent data pertaining to the impact of KM within the sector. Finally, this paper will show that, despite its inconsistent outputs within the SME sector, KM is still a mission-critical business component today and will continue to be in the years to come.
Spotted on the web: “All cities with populations of 3,000 or more are required by law to publish and distribute (yawn) drinking water quality reports. Cities hate doing them, and residents throw them away, often without a glance. Bo-ring. This year, we developed a mid-year calendar (who sends out a calendar in July???) that featured … Continue reading The Power of Fun
Spotted at cnn.com: “Growing companies could be tapping into a new source of capital in 2007: Hedge funds are getting into the private-equity business. And although some are investing in large venture capital or similar institutional funds, other managers are hitting the VC breakfast circuit in search of direct investments.” “So far, hedge-fund managers behave … Continue reading Hedge Funds: Alternative to VCs
Spotted on the web: Why do people procrastinate? This is an effect psychologists attribute to “hyperbolic time discounting”: the immediate rewards are disproportionally more compelling than the greater delayed costs. In other words, Procrastination itself is the reward. Continue reading Procrastination
Here are some slides from a talk on Inventory Management I did earlier this year. Continue reading Inventory Management
Among drug companies, at least, according to the report: “A report by the General Accounting Office concludes that current patent law discourages drug companies from developing new drugs by allowing them to make excessive profits through minor changes to existing pharmaceuticals.” Read more… Whether this can apply to other industries is yet to be seen. … Continue reading Report: Patent Law Stifles Innovation
“In the past, innovation was driven by the military or corporate markets. But now the consumer market, with its vast economies of scale and appetite for novelty, leads the way. Compared with the staid corporate-software industry, using these services is like “receiving technology from an advanced civilisation”, says Mr Sannier.” “Since the software and the … Continue reading Consumer Technologies in Corporate Computing
Technopreneurship Notes 