Triggered by a discussion with a friend yesterday on the dynamics of wholesaling and how managing gross margin is key to its profitability I made a graph to further explain [...]
Sometimes I get in this weird mindset: I see people including myself in terms of how much - or better said less - time somebody is potentially away from death. [...]
When considering a new car you suddenly start seeing the car you fancy everywhere. There are not suddenly more cars of the particular brand and model driving around, but you [...]
Words are vehicles of notions. When carelessly or casually used single words can lead to the failure of many a project for it will not create the same understanding and knowledge by the people involved.
Human nature and our abilities are intertwined with collaborability. My statements about them are scattered all over Red Planet Dust. I wondered if a consistent image would arise when I would collect my statements.
High-frequency trading makes it apparent that in stock and other financial trading computer decision making is out pacing humans in speed and quality. Three issues spring to mind: (1) The impact of efficiency of markets on collaborability, (2) Our societal relationship with technology and (3) Decision making is shifting from humans to computers.
As (value chain) models are simplistic representations of reality chances are not enough understanding is passed on. But misconceptions can be pretty harmful. Example: 4 corner model: banks created blind spot for changes in the value chains of their customers.
A value chain model does not show the real dynamics and tensions in the chain! The trick is to contemplate about the value chain from the functions and roles that are to be taken care off.
„Is technology governing us or are we governing technology?” GalleryAdaptability, Balance Group vs Individual, Circumstances, Collaborability, Decision Making, Evolution, Homo Collaborans, Human Abilities, Mega Trends, Question of the day
„Is our political system capable of managing rapid technological change?” When pressed I would be tempted to answer the question with a resounding YES! for I see abundant evidence around me we have done so very successfully. Actually it is one of the core abilities we humans have to adapt to changing conditions.
Many years ago in a contribution to a corporate strategy I postulated payments should be redefined to the “transfer of property rights”. At that time smart metering for utilities and [...]
Question of the day (III) Let’s be honest; if a long time senior payments professional asks the title question after you have spend an hour explaining the significance of the [...]
(1 minute reading time + 15+ minutes external article) As with Marc Andreessen's article "Why bitcoin matters" from three weeks ago I can recommend an other landmark article on crypto [...]
A long time friend who had just returned from a business trip to the USA to discuss various business development opportunities on two sides of the big point. He was wondering why certain types of innovation are typically initiated in the USA and not in the EU (or ROW). He pointed at PayPal as an example. I think I understand where his question is coming from and at first glance would agree to the gut feel expressed with this question that the conditions in the EU for innovation especially in payments are less favourable. But once you start thinking about it various inroads are possible:
A regularly recurring theme at Red Planet Dust is the impact of IT-driven trends on decision-making and robosourcing, marketplaces and exchanges. "High Frequency Trading" is an exemplary example were technology [...]
In the early stages of Red Planet Dust I posted on my views on strategy and decision making in companies regularly. With Collaborability becoming more prevalent at Red Planet Dust [...]
In my regular daily newspaper NRC Handelsblad an article was published Monday last by Karen van der Wiel, Bas ter Weel and Casper van Ewijk called [translation RPD] "Exactly, science [...]
Some of today's technological and economical trends culminate in the battle between Apple, Google, Amazon, Facebook, Samsung and some of the other well known tech giants. I have been following [...]
The relevance, let alone the power of standardization is only understood by a limited degree - if at all - by most companies. Even companies that are totally dependent on [...]
With all the attention to money and payments related topics here at Red Planet Dust lately I feel inclined to explain how this fits in with the theme of this [...]
A regular theme on Red Planet Dust is about how the increasing capabilities of software are influencing the way we make decisions as persons and as companies. How these capabilities [...]
Big data will push out human factor more and more in decision-making. An interesting quote from the economist article "How might your choice of browser affect your job prospects?" underlines [...]
(This is part 3 of an article on crypto-currencies at Red Planet Dust. See for Part 1, Part 2) Human collaboration is based on trust. We do not have a [...]
(This is part 2 of an article on crypto-currencies at Red Planet Dust. See for Part 1) Many call Bitcoin “digital money” but not all types of digital money are [...]
Just browsing the December 2012 issue of the Scientific American last night my eyes where caught by the very first lines of text as by-line to the cover on the [...]
In a matter of 2 minutes I was presented two seemingly unrelated articles on Flipboard Technology section yesterday. Rather small news items as we have seen them before, so nothing [...]