18/04/2005
Are you a dog ?
Incredible,
My sister has just finished up writing a fantastic thesis on "Semiotic-Oriented Web Mining" ! She develops models that help you analyze fuzzy discourses on the Internet like for example blogmining tools.
She has also elaborated a concept of "semiotic fingerprint" that allows you to identify the author of a post (like a profiler would !).
Now we know that you are a dog ;o)
03:10 Posted in Science & Technology | Permalink | Comments (0) | Email this
15/04/2005
FAIL TO PLAN ... PLAN TO FAIL !!!
Incredible,
Famous Pr. Choffray (Ph D. MIT) shared with me 7 Principles if you want to be a successful entrepreneur. Here there are !
Principle #1: Start little and learn while growing -> keep away from fantastic projects which need only some funds ...
Principle #2: Keep checking the Company's KPIs (Key Performance Indicators) -> the best way to succeed is not to fail ;o)
Principle #3: Be strategically flexible and create value -> protect your equity and shrink costs because remember that 1 euro spared means 50 euros less revenue needed !
Principle #4: Minimize risks by investing part of the revenues in more investment-friendly countries -> the UK for example ...
Principle #5: Nothing can be achieved without the Entrepreneur's agreement -> always hold at least 60% of the capital and anticipate administrators conflicts ...
Principe #6: Company's interest should prevail Owners interest -> never compromise !
Principle #7: An entrepreneurial project can pretend to be a success if it has been valued -> you have little second chance to be able to sell your company at a good price ...
In other words: FAIL TO PLAN ... PLAN TO FAIL !!!!!
05:25 Posted in Entrepreneurship | Permalink | Comments (0) | Email this | Tags: Entrepreneurs Welcome
03/04/2005
Effective decisions
Incredible,
According to Peter F. Drucker*, the point is not to solve problems quickly but to take the right decision (not bad !) and overall to concentrate on what is important.
Here are the sequential steps that will help you make effective decisions:
1. Classifying the problem (Generic? Unique? First manifestation of a generic problem)?
2. Defining the problem
3. Specifying the possible answers (boundary conditions)
4. Choosing the answer that fully meets the boundary conditions (before making compromises)
5. Implementing the decision (action)
6. Measuring the validity and effectiveness
7 (personal tip): If wrong, doing it again ;o)
* in Harvard Business Review on Decision Making
01:15 Posted in Strategy | Permalink | Comments (0) | Email this | Tags: Entrepreneurs Welcome