Tagged with Apple

Changing the Language of Business

At the beginning of every year, I often find funny stories about which are the most annoying management terms for the previous year (like this one here). And often, there are words like strategy, tactics, market leadership, high performance, efficiency, quality, plan of action etc. which are so much a part of the regular corporate-speak. And then there are great leaders like Steve Job who describe their company’s work as “beautiful”, “insanely great”, “stuff you will fall in love with it”.

I stumbled upon an old article by Professor Gary Hamel, where he talks about “The Hole in the Soul of Business.” In his compelling style, he asks us to re-think the language of business. Here are some excerpts:

Here’s an experiment for you. Pull together your company’s latest annual report, its mission statement, and your CEOs last few blog posts. Read through these documents and note the key phrases. Make a list of oft-repeated words. Now do a little content analysis. What are the goals and ideas that get a lot of airtime in your company? It’s probably notions like superiority, advantage, leadership, differentiation, value, focus, discipline, accountability, and efficiency. Nothing wrong with this, but do these goals quicken your pulse? Do they speak to your heart? Are they “good” in any cosmic sense?

Now think about Michelangelo, Galileo, Jefferson, Gandhi, William Wilberforce. Martin Luther King and Mother Theresa. What were the ideals that inspired these individuals to acts of greatness? Was it anything on your list of commercial values? Probably not. Remarkable contributions are typically spawned by a passionate commitment to transcendent values such as beauty, truth, wisdom, justice, charity, fidelity, joy, courage and honor.

I talk to a lot of CEOs, and every one professes a commitment to building a “high performance” organization—but is this really possible if the core values of the corporation are venal rather than venerable? I think not. And that’s why humanizing the language and practice of management is a business imperative (as well as a moral duty).

Again, there’s nothing wrong with utilitarian values like profit, advantage and efficiency, but they lack nobility. Reflect for a moment on the avarice and irresponsibility that produced the recent banking crisis, and wreaked havoc at Enron, WorldCom, Adelphia and a host of other scandal-plagued companies. If corporate leaders and their acolytes are not slaves to some meritorious social purpose, they run the risk of being enslaved by their own ignoble appetites. An uplifting sense of purpose is more than an impetus for individual accomplishment, it is also a necessary insurance policy against expediency and impropriety.

Every organization is “values-driven.” The only question is, what values are in the driver’s seat?

There was a time when Disney was in the joy business. Animators, theme park employees and executives were united in their quest to wring gasps of wonderment and delight from children across the globe. Today, Apple is in the beauty business. It uses its prodigious software and design talents to produce products and services that are aesthetic stand-outs. There are many within Google who believe their company is in the wisdom business, who talk about raising the world’s IQ, democratizing knowledge and empowering people with information. Sadly, though, this kind of dedication to big-hearted goals and high-minded ideals is all too rare in business. Nevertheless, I believe that long-lasting success, both personal and corporate, stems from an allegiance to the sublime and the majestic.

Now, more than ever, companies and leaders need to build a greater sense of purpose to create great workplaces and produce sustainable results. After all, “meaning” is the new money. Oh! Let me stop writing now before I, inadvertently, start using my own frequently-used-terms!

So, how are you changing the language you use at work? What questions & answers are you rephrasing?

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Innovation Matters!

Innovation matters. Big time. And, it makes a great difference to organization performance. I spotted this interesting blog post on Techcrunch, showing some interesting analysis of the mobile handset industry. An analyst from Deutsche Bank, Brian Modoff, pulled off this interesting analysis, showing that despite a small share of handset units and handset revenues, Apple and RIM have done a stellar job of garnering industry operating profits share. Its a disproportionate share!

Here are the charts:

handsets-profits

handsets-unit-share

handsets-revs

Fascinating stuff!

UPDATE: From the GigaOM blog, here’s a fresh post that “exposes Nokia’s Achilles heel”.

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iPhone Apps I Cannot Live Without

iLove iPhone – despite some of its limitations. It is not only the gorgeous interface and the reliable performance I like, but it’s also about the apps which add functionality to the device. The App Store has been a great succeess, with over 25000 apps and over 800 million downloads since its launch in July 2008. 

app_store

I have about 80 apps on my iPhone. While I use many of these applications on-and-off, there are some which I use daily. These are apps that I love and I would dump the iPhone if these apps were not there!

So, here’s my list:

  1. ReQall: This is my favorite app for setting reminders and getting things done. ReQall trumps in providing a dead-simple way of adding reminders from the phone – voice. It lets you add reminders by voice by recording a message within the app and ReQall transcribes it for you. It sends back reminders in the form of emails and SMS. They even have some great pro features now. And, did I forget to mention that they have a great “Memory Jog” feature.
  2. Evernote: Again, a top-notch app. It is a simple note-taking application which takes notes in the form of text, voice and pictures. The great things is that is supports optical character recognition. So, you can search for text right inside the pictures! The package is complete with all the various access options that Evernote provides – it is easily accessible from the web, desktop app and the iPhone app – all in sync. There are many note-taking apps, but none like evernote.
  3. Nimbuzz: If you are not my grandpa’s grandpa, I would assume you use IM (Gtalk, Yahoo, MSN etc.). Nimbuzz provides an extremely comprehensive IM suite with support for all major IM services, VoIP over wifi and “dial-up VoIP over 3G”.
  4. Shozu: If you are a shutterbug like me, you have the need to click and post. Shozu releases the pictures on the phone and can upload to multiple websites like Flickr, Picasa, Facebook, Twitpic, Smugmug, Photobucket etc.
  5. Facebook: Needless to explain!  
  6. Twitterfon: If you are a twit-addict and don’t want to dole out a couple of dollars for a paid app, this is the one for you. Great interface. Great functionality. It supports retweeting, opening of links, follow / unfollow, twitter search, viewing of trending topics and searching of twitter users by location. It also has a great little bookmarklet for the iPhone Safari browser which lets you post links from Safari.
  7. Brightkite: I use this as an “add-on” twitter app. I use this to share interesting places, restaurants, bars or simply my location with my friends. It detects your location and can post a link to your twitter / facebook about your location on a map, with details about the place you are at.
  8. Bloomberg: This is my news app of choice. Despite the fact that I love Google Reader for the iPhone, Bloomberg does a great job with business news. You can customize the news section and also take a look at leading indices, stocks, bonds, currencies etc. The app is slick and fast.
  9. Wikiamo: This simple app lets me search and browse through Wikipedia in a format that’s friendly for the iPhone screen. A must-have.
  10.  Zyb Sync: If you are always worried about losing your contacts in case your phone is lost or gets “bricked”, this is the app for you. Zyb is a great app that can backup your contacts on the Zyb website. You can even edit your contacts on their website and sync back. Zyb was bought over by Vodafone and should be a very reliable service.

A lot of these would change with the launch of iPhone OS 3.0 and its various features. I am waiting patiently for a brand new lineup of apps this summer. What are your current favorite iPhone apps? 



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Steve Job’s Worth to The Shareholders

However, cliched it may sound, but I firmly believe that employees are the biggest asset for an organization. Though there is no definitive way of measuring the “human” value, it makes sense intuitively. I came across this article by Jeff Segal from BreakingViews, where he does some simple calculations to indicate the value of Apple’s various businesses and the value of its ever-charismatic leader Steve Jobs.

Apple
He values the Mac business at about $19 billion.

iPod business at $14 billion.

iTunes store at about $1 billion.

iPhone business at $17 billion (that’s simply wow!).

Other businesses at $11billion.

Roughly, these add up to about $60 billion dollars, which is about $20 billion less than Apple’s market cap. And, Jeff concludes, that Steve Job is worth $20 mind-blowing-billions to Apple’s shareholders. That is the premium for a truly innovative leader. In a way, it makes all the more sense for companies to get the best people and invest in them. People assets can be as big as or even outgrow the core tangible business assets.



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iPhone – Smart Enough?

Alright, I finally managed to buy myself (and my wife) the mighty phone – the iPhone. It was a long wait, but Singtel and my ABN AMRO credit card worked hard to get me the much-awaited phone.

Much has already been written about the capabilities & quirks of the phone – whether its the elegant multi-touch screen or the lag-free user interface or the average 3G performance or the restrictions imposed by the ‘closed’ operating system. I quite like the phone. But, given that I use mobile phones extensively for much more than making calls, I do feel that the iPhone needs to grow up – just a little bit:

  • My basic expectation from a smartphone is ability to multi-task. For the uninitiated – simply put I must be able to listen to music, browse the web, view a spreadsheet and chat via IM at the same time. I loved my Nokia E series devices for this. Unfortunately, the iPhone just can’t do it! You can work on one application at a time.
  • Secondly, to customize a phone so that one is able to ‘power-use’ it, there has to be a lot of applications available. Sure, we have the Apps Store from Apple, and some of the apps are great, but the I didn’t find the assortment complete.
  • Again, a smartphone without VoIP capabilities is difficult to digest for me. Sadly, it is not possible to talk to people over Gtalk / Skype etc. at the moment. Hoping that Fring comes up with something soon.
  • Finally, I still share the gripes of so many other iPhone owners about the usual things – no SMS forwarding, no Video recording (despite being Youtube capable), no Business Cards, average PIM capabilities etc.

Really hope that we get around some of these in the not-so-far future.

Update: I am quite unhappy with the battery performance even after the 2.0.2 update. I am just getting about 2 hours on 3g data connection and about 3 hours on EDGE. To put things into perspective, my nokia E51 could be on EDGE on push mail all day on a single charge!



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