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Category Archives: Personal
Note to self: do ERP vendors benefit from the sunk cost fallacy and asset specificity?
I’ve never really been very interested in ERPs – so I likely don’t know what I’m talking about… But over the years there have been many times I’ve heard organisations saying they need to “leverage their investment” in their ERP. This … Continue reading
David Heinemeier’s ‘Unlearn Your MBA’ talk at Stanford
This is nice. My favourite section: “There’s no management when we’re three people. There’s no management when we’re 15 people. We still don’t have any managers hired in 37signals. Every single one of us are producers. I’m still a producer. … Continue reading
Mobile video conferencing as a safe option
Given the on-again, off-again, on-again (but we wont say) link between cancer and mobile phones, I’m surprised I haven’t seen any mention of the significance of mobile video conferencing. Surely, the different way you hold a mobile phone when you … Continue reading
Posted in Personal, Thought of the day
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Infrastructures
I have defined Matthew’s Law (with thanks to Arthur C. Clarke, of course): Matthew’s Law: “Any sufficiently advanced technical advice is indistinguishable from autism” Because I saw this… Infrastructures: ““ (Via xkcd.com.)
Posted in Personal, Thought of the day
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We should probably all read “The Capitalist and the Entrepreneur” by Peter G. Klein
I owe some of my interest in organisations to a guy called Peter G. Klein. Over 10 years ago, when I first decided that there was going to be a shift in the skills required to be an effective manager … Continue reading
Posted in Austrian Economics, General MWT, Personal
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Breaking down innovation accountabilities
I’m attending an ‘innovation workshop’ today. I’m looking forward to it but it also feels a little bit dirty. Innovation is important – but I’m not sure it can be managed directly. Management of anything politicises it; but with vague notions … Continue reading
Confessions of an aeroholic
“Airlines are notoriously cyclical because revenue is very sensitive to changes in demand. Profits are greatest when strong demand results in full planes (‘‘load’’) and high prices (‘‘yield’’), but they can disappear quickly when demand falls because costs are relatively … Continue reading
Technocracy and Politicisation
I’ve mentioned one of my theories before: I have a theory that whenever a single specialisation becomes the dominate or controlling specialisation it turns the coordination into a technocracy. I might be using technocracy in the wrong sense but I’m … Continue reading
Posted in General MWT, IT Management, Personal
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Comical Economics
If you want to understand economics, the current state of the finance industry, and some of the corruption caused by bizarre inflationary money systems, it’s worth reading How an Economy Grows and Why It Doesn’t. It’s a comic – which … Continue reading
Posted in Austrian Economics, Current Events, Personal
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What would a healthy banker say about the the economic crisis?
After my last few vague ramblings on the economy I wanted to hear what somebody who actually knew what they were talking about thought. I found the ideal candidate: John Allison, former CEO of BT&T Bank (which hasn’t gone broke), speaking for … Continue reading
Posted in Austrian Economics, Current Events, Personal
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