It is good to return to blogging with a pertinent construct as strong as a recent article from “The Economist”, that brought over an interesting subject that IT revolution effects are starting to wane, as since 2005 most of the benefits from new IT systems have been reaped. The way the theory goes, that “fact” lead to slower pace of innovation in semiconductors.

One would argue, that the fight for processing power was upened by new ways of improving efficiency at managing data and storing it (multi-note storage systems, cloud processing platforms), as well as RAM parallel processing — all that satisfying even most radical business minds’ desires to crunch data.

Despite that, there is a real sensation that the advancement of processing hardware raises the impetus for new soft tools on managing the established complexity. It is now in the hands of organizational engineers to push the efficiency curve forward by making more with less.

Business innovation is once again here to prove that it is best when in the hands of business people, not IT. Or better yet, it is, when IT starts to think about best business results when applying the engineering skills.

Proof? The business dalliance with SCRUM, agile, rapid prototyping, you name it. The influence of design first found good soil in engineering and only then laid siege of the business domain of a given corporation. Meetings changing shape and transforming into quick jams, peppered by corporate social media discussion. Tasks flown and discussed on the go from a central platform, where everyone is participating.

I would continue on with concrete examples on what has been achieved personally during these 2 years where a radical transformation of soft innovation powers has happened. Not only people are just tweeting and blogging. They are carrying the message deeper into their companies’ DNAs. The brightness of their starts is proportionate to the number of challenges they face and how they deal with them.

A company, rather than to dim the light and make them behave, should focus on how to shine their grounds and embed these stars around constellations that would play along.

Returning to the point postulated here: where the hardware component push may be waning, it has to be supported by the structure better accomodating and progressing the power it was given.

The US economy being still dominated by services (and investment banking taking a big part of it) is dangerous as it manages the ill-reformed US dollar system, where new centres of power demand their own transactional instruments. While exhorbitant levels of debt-to-gdp in emerging markets benefit the currency issuer, it cannot continue for long.

Where the discussion on how to change the currency-imbalances and GDP reshuffle I would rather leave to a more competent thinker, I am trying to prove a point where sustaining innovation relies first and foremost on giving the tools to the right people.

Where it is the US government challenge to change the immigration framework to accomodate great ideas to fuel the venture capital industry and capital velocity in general, it is for a given enterprise a challenge on how to best manage talent it has to increase the output from a given set of resources.

Hiring top talent in one department while neglecting the vertical silos in others give only an illusion and a short-term push, followed by burn out, haggling and demise.

My experience led me to form a staunch belief in:

  • managing by the outcomes: planning from the very end on what is expected and how to best put the given resources to achieve this
  • checklist management and tasks collaboration: decentralized management on who does what based on a mutually discussed and agreed plan where new tasks are acquired when a team member completes his previous assignement.
  • team achievements or no achievements at all: it is always a team contribution to the company wellbeing so forming a culture of magic starts with everyone acknowledging that there are no stars, or rather, that everyone is a star in a bright constellation.

I would be covering more topics on global acceptance of innovation techniques as well as quip musings on other topics of geeky interest.

Happy to get back blogging.