Welcome to the Journey to Science of Complexity, Chaos Theory & Non Linear System Dynamics:

Here is to the crazy ones, the misfits, the rebels, the trouble makers the round pegs in a square hole, the ones who see things differently. They are not fond of rules and they have no respect for the status quo.You can quote them, disagree with them, glorify or vilify them. About the only thing that you can't do is ignore them, because they change things. They push the human race forward, and while some may see them a s crazy ones, we see genius, because the people who are crazy enough to think they can change the world, are the ones who'll do it. 

Apple Computer Advertising 1997

The Unknown World-Nassim Nicholas Taleb Interview on Business Week

Wednesday, January 28, 2009

CHNAGES IN POLICIEIS AS COMPETITIVE ADVANTAGE

The businesses are facing ever increasing competition. To beat your competition one has to be fast learner, innovative, responsive etc. Every one knows that stuff. Recently I came across a wonderful insight that is very obvious but gets ignored largely. It is my honour to share it with you. Though I have no doubt that most of you have already familiar with it.
The product design, price, features etc., every thing physical, is quickly either copied by the competitors. However, the changes that relate to policy matters take extraordinary long time to be adopted or bettered by the Competitor. Here is an example: Toyota's Just in time Practices took over a decade to get the attention of US Automakers. In "The Presence" Peter Senge narrates the story of a US Auto industry executive who had visited the Toyota facilities in Japan in 80s. He told Senge that the Toyota People had taken them for a "ride" and didnt show them the real plants. When Senge asked why he thought so. The executive replied that "The plants we visited had no inventories at all".