Friday, May 20, 2005

Why We Need To Be Connected?

We started this project because like many of us, we are faced with daunting challenges ahead of us. The economy is fast maturing, so are we ( age wise ), and the world can and will pass by us fairly quickly. Try visualizing ourselves being a small fish in a small drying pond. Not a very enticing prospect. Our instinct will tell us to go to another bigger pond well aware that the chances of survival may be just as dire.

We can increase the odds to our favour, by first looking out for weak signals that are swirling ominously over the horizon, and understand the implications. For it may be the next perfect storm.

Looking on the bright side, we are not alone for there are many small ponds with many of us in similar situations. Although it may sound counter-intuitive, by seeking cooperation with the competition with aligned interests, we are bettering the odds in typical Nash fashion of a bigger payout that can then be distributed amongst the collaborators.

Collaboration is crucial to success because we alone cannot muster all the skills to compete in a knowledge-driven marketplace. This is because the ingredients for success include domain knowledge, technology and networking. We find this notion fairly similar with another concept that has already been well publicized i.e. the three elements ( talent, technology and tolerance ) necessary to make a city buzzing.

We start with the common denominator - technology. It is a great enabler and empowers the small folks to compete against their better endowed brethrens. Technology is making the world a smaller place, breaking down traditional barriers as well as creating new ones. Technology drives down prices of goods and services and facilitate in commoditizing them. To counteract this side effects, we must learn to value add for our customers by understanding their needs, make the necessary change. We can then articulate, communicate and execute our value proposition.
In the next episode, we will cover Strategy Roadmap

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