2012

I try it here. Prezi works easily on Google Blogger site but not on Wordpress. Something I do for fun, a bit private though.

moving

I've moved my blog to Wordpress a few months ago, due to some warning from Google in May that I was afraid they would do something with my blog.
In case you still want to check out my posts (which I've been doing more often), this is the url: http://qareviews.wordpress.com/
If you click on my gravatar (my profile photo) you will be taken to a link that shows my other blogs (like a food blog) or some of my reviews on Trip Advisor and my Flickr page (which I do not use often but I've used it since 2005).

Internet Trends 2012 - Mary Meeker

So this year I'm updated with KPCB report (I only knew the Internet trend 2011 last fall). A long report from Mary Meeker but always worth reading.
KPCB Internet Trends 2012

Notes from A Primer on Decision Making (James G.March)

'Current aspiration can be approximated by a constant plus an exponentially weighted moving average of past experience'... 'As individuals adapt their aspirations to their experience, both their satisfaction and dissatisfaction are short-lived.' And it does not only adapt to one own's experience but to other people's experience.

'Decision makers look for information, but they see what they expect to see and overlook unexpected things. Their memories are less recollections of history than constructions based on what they thought might happen and reconstructions based on what they now think must have happened, given their present beliefs.'

The truth about the business model

This article, by Jeffrey Rayport even though being dated back in 1999 still has a lot of valid points.

"... the magic word these days is "monetize." The monetizing concept argues that on-line businesses must first capture large audiences of users or shoppers, and then later monetize those audiences through subscription fees, advertising and e-commerce...", "The idea is to encourage investors to supply what we used to call in the 1980's "patient capital," by suggesting that we are in a long-term investment phase in Web businesses. The investment is in customer relationships, and harvest time is yet to come."
"There is hardly an airline that runs a frequent flyer program or a credit card issuer that depends on card use for profits that does not know, and explicitly recognize, the profit potential of an enterprise of retained, and increasingly loyal, target-market customers. 


And the conclusion: "Business models themselves do not offer solutions; rather, how each business is run determines its success. So the success of e-commerce businesses will hinge largely on the art of management even as it is enabled by the science of technology. The scarce resource will be, as it is in practically all of business, the building block of free enterprise: entrepreneurial, and increasingly managerial, talent. "