Organization need to develop a vision for the volatile world. They need an approach to understand uncertainty by thinking in terms of options and positioning to capture upside while hedging for downside. Developing a road map of your product and solutions with multiple time horizons and potential different scenarios is not a luxury but a core requirement.Complexity and confusion or "fog of war" need to be pierced by light of clarity. Ambiguity should be met with agility.
Why is this happening in China? It’s because of the seamless connectivity between communications technology, payment systems and order fulfilment and logistics. The Alipay / Wechat system is so smoothly integrated that the transaction can be completed in a couple of clicks — completely bypassing the major credit card companies. And delivery is often done in less than a day at very low cost. We chat is way ahead of Facebook, Amazon, eBAY .
Read Connie Chan of Andreessen Horowitz: When One App Rules Them All: The Case of WeChat and Mobile in China
Every one will become old enough to get challenged by new ways of doing things.....
I am feeling old fashioned with these billion dollar loosing proposition. Amazon is a decade or more of losses. Can't for the life of me see scalable profitable model in delivering one cup of coffee to a guy at his office desk....
Start-up deals flout rules - http://www.ft.com/cms/s/0/9ff5f52a-b85b-11e4-b6a5-00144feab7de.html
#CEOMess I Relate to this
" If CEOs were graded on a curve, the mean on the test would be a 22 out of 100. This kind of mean can be psychologically challenging for a straight-A student. It is particularly challenging because nobody tells you that the mean is 22….When people in my company would complain about one thing or another being broken, such as the expense reporting process, I would joke that it was all my fault. The joke was funny, because it wasn’t really a joke. Every problem in the company was indeed my fault….Being responsible for everything and getting a 22 on the test starts to weigh on your consciousness."
Running a enterprise software product company I realized System or Organization problems were code word for the dumb CEO.....
The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers--Ben Horowitz