Just finished reading The Long Tail by Chris Anderson. It has pretty good reviews - Guardian calls it "...the natural sucessor to the "tipping point" in the field of business ideas". Thats a pretty strong statement, and I was not disappointed. This book is really good.
In summary the book says that if u can dramatically lower the cost of production and distribution, you can offer more variety. Along with variety, if you provide means to filter the content to suit different niches, you have mini-blockbusters. This is specially true for digital content distribution e.g. online music distribution.
The book is good because:
- it helps you see beyond the blockbuster hits. It helps you to probe the long tail of everything and see if you can find a substantial market.
- it lays down a theory for what has been observed about music ditribution etc and you can apply it to other areas of your expertise more easily now.
At some places the book becomes slow and repetitive, but overall it should be in your collection.
Thursday, July 12, 2007
Sunday, July 08, 2007
CEO and Company Success
I recently had an interesting discussion with a couple of collegues on what percentage of a company's success can be attribued to its CEO? We could not close the debate as my collegues opined that luck plays a 90% role and the rest being other factors (CEO included).
I have a totally different viewpoint. I believe that CEO is responsible for both the success and failure of a company to the extent of 75%. (Dont look at absolute numbers.. both 75 and 90... they are just to show how strong the opionion is). I belong to school of thought that "genius is 99% perspiration and 1% inspiration" and hence I believe it is CEO's skills in aligning the organisation and making it a success.
What would be good measures to test this theory?
I got many interesting answers to this question when I posted it on linked-in network. See the responses here.
Full Link: http://www.linkedin.com/answers/management/planning/MGM_PLN/63783-1316944
If you have any interesting observations or opinions to share, do comment.
I have a totally different viewpoint. I believe that CEO is responsible for both the success and failure of a company to the extent of 75%. (Dont look at absolute numbers.. both 75 and 90... they are just to show how strong the opionion is). I belong to school of thought that "genius is 99% perspiration and 1% inspiration" and hence I believe it is CEO's skills in aligning the organisation and making it a success.
What would be good measures to test this theory?
I got many interesting answers to this question when I posted it on linked-in network. See the responses here.
Full Link: http://www.linkedin.com/answers/management/planning/MGM_PLN/63783-1316944
If you have any interesting observations or opinions to share, do comment.
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