Business Processes – Amazon’s Jeff Bezos Looks to the Future


 You have to like this quote. Before long, “user-generated content” won’t refer only to media, but to just about anything: user-generated jeans, user-generated sports cars, user-generated breakfast meats. Source: Business Processes – Amazon’s Jeff Bezos Looks to the Future An we thought Amazon sold books. Amazon Web services Amazon Search Amazon Search 2 Amazon Search 3 Amazon Storage services Amazon technology review But my point is less to do with Amazon, than it is to do with the Bezos vision.  Amazon as a company that lets users generate whatever content they have in mind. This is because setting up a … Continue reading Business Processes – Amazon’s Jeff Bezos Looks to the Future

What have they done with Highbury – Travel Tips – Football/Soccer – London Logue


Totally off topic, but his photo from London Logue is a sad reflection of tradition being replaced ….. ok, back to normal programming after this. I stopped by today to see my team Arsenal’s grand old Highbury stadium, which was their home from 1913 to May 2006 Link to What have they done with Highbury – Travel Tips – Football/Soccer – London Logue with …. The brilliant new Emirates Stadium has taken over from Highbury, its a great place to watch a game but doesn’t have the aura of the old Highbury yet. Technorati tags: arsenal, highbury Continue reading What have they done with Highbury – Travel Tips – Football/Soccer – London Logue

Google, Microsoft, and "The Starfish and the Spider"


 Dare’s post comparing the Economist OpEd from Googles Schmidt (post earlier today), and the July analysts speech from Ozzie at Microsoft got me thinking more about the comparison.

First a revamped UI for Microsoft Office and now Google jumping into the Web Office game with both feet? 2007 is going to be an interesting year for Office productivity software.

Source:  Google Office: The Gloves are Off

I pasted Ozzie’s speech below.  Its easier to read in this format than the MS press release format.

The dramatic difference that leaps out to me is the corporate approaches.  Google sets a general environment that encourages creativity, and is allowing the results of that creativity to define the outcome.  Microsoft has decided the future and has created a top down directive to build towards that outcome.

Its not to say which will succeed, although I have my views.  But the approaches are very different.  This is also the dilemma that faces firms with an established revenue stream and business model, that is under threat.  Its easier (relatively) to decide on a new strategy, turn left, and all is well.  The problem is that the environment we find ourselves in is not yet defined, so how do we know left is the appropriate direction?

This is the perfect lead in, to the the book I finally picked up today, “The Starfish and the Spider”.  Reviews here and here.  From what I have seen so far, methinks Google is the starfish, and Microsoft is the spider.  (Hint … you don’t want to be the spider). 

Relevance to Bankwatch:

How should Banks organise to solve the business model puzzle for this new internet environment.  What is the right business model, the right technology strategy, the ones that will address revenue and expenses, and deliver the right productivity?

 

 

 

Continue reading “Google, Microsoft, and "The Starfish and the Spider"”

The World In 2007 | Don’t bet against the internet


 The Economist provides an Op/ed piece from Eric Schmidt, CEO of Google.  It is remarkably simple in its obvious point – that most companys (and people) still try to place internet within existing paradigms, and that is a mistake.  The changes internet brings are little to do with technology.  They are social and behavioural. The internet is much more than a technology – it’s a completely different way of organising our lives. But its success is built on technological superiority: protocols and open standards that are ingenious in their simplicity. But what’s surprising is that so many companies are still … Continue reading The World In 2007 | Don’t bet against the internet

The 30 Most Important IT Trends for 2007


Baseline provide the top 30 trends for 07, conveniently categorised under: Strategy, Management, Security, and Technology (Courtesy of James at EDM) When it comes to IT, change may very well be the only thing CIOs can depend on in 2007. That’s what the editors at CIO Insight found when we took each of the 13 surveys we conducted in 2006 and put them under the microscope to project next year’s 30 major trends. Source: The 30 Most Important IT Trends for 2007 The general theme here is something of a Simpsons ‘Duh!’ but at least the message is now becoming … Continue reading The 30 Most Important IT Trends for 2007

Bank Systems & Technology : Metavante and Yodlee Partner to Beef Up Online Bill Pay


Metavante client Banks will be able to reap the benefit of this association.  It means bank clients can choose from their DDA account, or their credit card to make a bill payment.  While it sounds simple this is not inconsequential to build, so this is a true value add.  Metavante and Yodlee announced at the 2006 Retail Delivery Show a joint agreement in which Metavante will integrate Yodlee’s debit and credit card payment functionality with Metavante’s electronic bill payment solution Source: Bank Systems & Technology : Metavante and Yodlee Partner to Beef Up Online Bill Pay   Technorati tags: online+banking Continue reading Bank Systems & Technology : Metavante and Yodlee Partner to Beef Up Online Bill Pay

Bank Accounts. Compare Current Account Reviews at Review Centre


 Review Centre is a simple site designed to let people provide their review of various things.  This link is to the financial part, where customers review Bank Accounts. Bank Accounts, We have many reviews written by people like you. Compare Bank and Building Society accounts such as Halifax, Nationwide, HSBC and Natwest. You can find the best products and use the online shops to apply for finance, get Loans, Insurance, Mortgages and even O% Credit Card Deals. Join in or start discussions on Mortgages, Loans, Savings and Insurance and more in our lively Review Centre Finance Forums. Source: Bank Accounts. … Continue reading Bank Accounts. Compare Current Account Reviews at Review Centre

IT Business | As a CIO, you may want to reconsider how you collect data and knowledge


Wiki’s drive 99% of the population crazy.  Yet if you want to know or understand about something, Wikipedia is addictive.  Whether you want to know the definition of chaos, the difference between Shia and Sunni, or what is an Apricot, Wikipedia has it. Yet, the whole concept seems to be working. Wikis have popped up all over the Web, almost overnight and without any established process or central guidance in place. Maybe, people are more disciplined than we give them credit for. Maybe, it’s what people can collectively do as a Web-based community that should make us take notice. As … Continue reading IT Business | As a CIO, you may want to reconsider how you collect data and knowledge

Schneier on Security: Attacking Bank-Card PINs


Being a security expert must be one of the most depressing jobs on the planet.  You can see all the flaws but getting the business folks to buy in or even semi understand is difficult at best. That’s the challenge Bruce exemplifies with this post.  One of the most disturbing aspects of the attack is that you’re only as secure as the most untrusted bank on the network. Instead of just having to trust your own issuer bank that they have good security against insider fraud, you have to trust every other financial institution on the network as well. An insider … Continue reading Schneier on Security: Attacking Bank-Card PINs

NetBanker 2.0: Bank-account switching tools from Intuit and uSwitch take center stage


This quote from Gary Hamel at BAI is brilliant in its simplicity and unfortunately truth. (Courtesy of Jim at NetBanker) The biggest profit center at banks is customer ignorance, which banks have mistaken for customer loyalty.” — Gary Hamel, speaking to 1000+ bankers at BAI’s Retail Delivery Conference, Nov. 15, 2006 Source: NetBanker 2.0: Bank-account switching tools from Intuit and uSwitch take center stage His focus was internet based switching tools.  The importance of switching tools Hamel believes financial services loyalty will disappear once customers find out how easy it is to move their accounts to pick up a 100 basis … Continue reading NetBanker 2.0: Bank-account switching tools from Intuit and uSwitch take center stage