Friday, October 14, 2005
Iceberg Theory
Companies most often try to hide as much as they can from the outside world. Some call it trade secrets, other call it competitive advantage. Whatever name you call it, it's common notion; something that's assumed from companies. And the interesting fact is that people can't control that feeling. If a company has some information on its website, the common reaction is to assume that the company has 10x more information internally.
This is what I call the Iceberg Theory.
Why does this matter? Because this view is based on perception rather than facts, companies can use this to their advantage to both fight competition and gain customers. The key here is that perception is most often the same as reality.
How do you fight your competition? If the competition has fallen prey to the theory, they will take anything you expose, multiply by 10, and assume your intellectual size (however you measure that) from that. Therefore, if you expose all of your information (or at least close to that), your size will grow overnight by 10x in the eyes of your competition!
The interesting side effect of this is that this will help you gain customers as well, since more information is something the average information junkie today appreciates. It conveys honesty and openess, another important aspect customers value in a company.
So, this leads to the interesting, but non-intuitive conclusion that companies should expose more information rather than hide it all away from the outside world.
One final note: don't interpret this as being leaky or overpromising about your intentions to the outside world. Give out as much information as you can about products or services (icebergs) that you already have in the market, but don't be tempted to talk about other icebergs that are simply on the horizon; you never know whether they will melt before they reach the market, damaging your companies reputation.
This is what I call the Iceberg Theory.
Why does this matter? Because this view is based on perception rather than facts, companies can use this to their advantage to both fight competition and gain customers. The key here is that perception is most often the same as reality.
How do you fight your competition? If the competition has fallen prey to the theory, they will take anything you expose, multiply by 10, and assume your intellectual size (however you measure that) from that. Therefore, if you expose all of your information (or at least close to that), your size will grow overnight by 10x in the eyes of your competition!
The interesting side effect of this is that this will help you gain customers as well, since more information is something the average information junkie today appreciates. It conveys honesty and openess, another important aspect customers value in a company.
So, this leads to the interesting, but non-intuitive conclusion that companies should expose more information rather than hide it all away from the outside world.
One final note: don't interpret this as being leaky or overpromising about your intentions to the outside world. Give out as much information as you can about products or services (icebergs) that you already have in the market, but don't be tempted to talk about other icebergs that are simply on the horizon; you never know whether they will melt before they reach the market, damaging your companies reputation.
Thursday, October 13, 2005
C64 nostalgia
Awesome, awesome, awesome! I just got my order from Toys'R'Us shipped, and in the box was... (drumrolls) a C64 Direct-to-TV joystick! I haven't tried it yet, so I can't really say if it's as good as the original (will anything ever be?) but according to my sources, it seems a lot of fun.
What is even more interesting is the design of the thing. It's the whole thing on a single chip, and you can read more about it here.
Finally, it's hackable! I guess that was my biggest motivator for buying this thing, just think about the possibilities if you have a low-power computer with audio and video output on a single chip for a few bucks! I will post more once I've tried this thing.
(And yes, the photos are crappy, taken on a crappy Samsung phone)
Sunday, October 09, 2005
Scooter update
Since I noticed a few comments about my thoughts on the scooter, I though I'd let everyone know that I sold my scooter (buhu!) since it didn't meet the CA emission regulations and bought a Jeep instead. You can see the awesome truck here.
For those who want details, it's got a 6 cyl 4.0L engine, manual shift, and it's a lot of fun!
Now, maybe I should change the name of my blog... :-)
Whoa!
Not much to say. I just wanted to post this picture of myself, so that the world could see :-) This photo is taken this past spring when I was living in Massachusetts, but since then I've moved to California and started working for Google.
For all my friends around the world, I will try to blog more frequently, and perhaps occasionally say something interesting (though this is not a promise!)
Tudileiri!
For all my friends around the world, I will try to blog more frequently, and perhaps occasionally say something interesting (though this is not a promise!)
Tudileiri!
Subscribe to:
Posts (Atom)