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Showing posts from February 3, 2013

Drones for oil discovery!

I'm passionate about business process innovation, but I never had too much interest in specific processes or industry sectors. Until a few years ago – when I fell in love with the oil industry. Especially the industry's upstream processes such as oil discovery. Reason why this news about the use of drones to discover oil caught my attention. Oil discovery has a remarkable connection to BT practice and I hope to reveal that connection soon.

Larry Page is an introvert ... naturally!

Fortune's Miguel Helft describes Google's Larry Page as an introvert while showing how he dreams up the future and makes it come true. On the other hand, like this confused article by Nona Walia shows, people in india still think introverts are folks that need help. If you are a seeker-of-help-for-introverts or are yourself an introvert, take a look at this list: http://www.forbes.com/pictures/lmj45ifjd/albert-einstein/

Did you ruffle someone's feathers?

Did you rock the boat? Did you disagree? Burn some bridges? Well, isn't that what innovators and change makers always do? Although unintentionally? Rich Barton was only 26 when he went into a meeting with Bill Gates and said that the idea of a travel-book business was "dumb, small, and uninteresting." Then, he went on to create and grow the highly successful Expedia.com and Zillow.com.

Go ahead, ruffle some feathers today!

Human rights irony

The Human Rights Watch continues to report that India has significant human rights problems. "Government claims, but" is the kind of phrase you frequently see in the organization's 2012 summary for India. And countries including the US have been urging India to behave.

While that is the state of India, the Indian prime minister's US-based daughter is reported to have revealed America's human rights record against some recent enemies. Online reactions to news about her work range from suggestions like "A better research topic would have been if she worked on figuring out why in the first place these people became terrorists so that something can be done about it." to strong statements like "It is ironic that the daughter of India's prime minister has taken upon herself to malign our (US) government, while her dad's team is leading the scam capital of the world."

Here's my own wish ... Given the privileges that the prime minister and…

Was it business model or poverty that made Ortega the 3rd richest?

Amancio Ortega's Zara is the world's largest, reaching 87 countries through 1700-plus stores. The fashion empire has made Ortega the world's third richest.

Ortega grew up in a family that was poor. Blanco, who co-wrote Amancio Ortega: From Zero to Zara says, "Poverty clearly made him who he is ... There was a hunger. Show me a great boxer who didn't come from this kind of background."

Fortune contributor Vivienne Walt says, "Beginning 40 years ago, Ortega ripped up the business model that had been refined over decades by Europe's fashion houses and replaced it with one of the most brutally fast turnaround schedules the industry had every attempted." Ask Columbia Business School's Nelson Fraiman (he studied the Zara model and taught the case at the school's executive education program I attended in 2008). He would say this about Zara, “Product innovation? No. (On the other hand) they have done process innovation very well.”

I will leave it…

This CEO nicely balances business and faith issues

Catholic Healthcare West was losing a million dollars a day in 2000 when Lloyd Dean arrived. Dean executed a turnaround and today the organization relabeled Dignity Health is "the fifth-largest American health system" in terms of net patient revenue.

The organization not only faced a huge business challenge, but it also continues to face religious issues raised by the catholic law or bishop. So, the demands on Lloyd Dean's leadership is more complex compared to CEOs who don't have to deal with faith-related issues. For starters, Dean is not even catholic. During his childhood, he went every Sunday to a Church that gave him "resilience, self-discipline, and faith." When he left the family to go to university, his mother gave him fifty dollars and a "I'm praying for you" goodbye. In 2011 he made more than $5 million, but rather than choose to work in a for-profit company where he would make many times more, he picked the bigger challenge of lead…