From: http://www.allaboutalpha.com “If Modular Portfolio Construction catches on, Janus hopes it might someday be recognized as a new beginning for retail portfolio construction. Say the rocket scientists at “Janus Labs”: “Today’s complex markets require more innovation and comprehensive solutions to investing than ever before. Traditional approaches, nine-box style grid, and core/satellite models may not meet those expectations. “What’s needed is a flexible framework hat will help your clients take full advantage of all the market has to offer
Metabolix stock looks like a hit. The Cambridge-based company produces “green plastics” from biomass – materials like wood or corn which can decompose over time. This contrasts with petroleum-based plastics, which do not biodegrade. Since the company went public last October, its stock price has moved from about $15.50 to a high of over $20. It is currently trading at around $18. It has a production partnership with agribusiness giant ADM and a market cap of around $350 million.
I highly recommend this introduction to Web 2.0 tools through 23 small exercises. http://plcmcl2-things.blogspot.com/
Two years ago (while I was employed by The Otter Group) I worked with Ken Cohn, who is a general surgeon and a consultant at Cambridge Management Group, to create and manage a blog-based collaborative web site for a large hospital system. Ken invited me to co-author a chapter about that work in his recently published book, Collaborate for Success! Breakthrough Strategies for Engaging Physicians, Nurses, and Hospital Executives. Bill Ives also co-authored the chapter
What does Claude Monet, the idiosyncratic French Impressionist painter, have in common with McDonald’s, the fast-food restaurant? At a mature age, both went through a radical re-interpretation of their “operations” in order to re-emerge with a new, successful approach.
The first months of 2003 were the worst period in the entire 52 year history of McDonald’s. In the fourth quarter of 2002, the company reported its first-ever quarterly loss. The company’s stock price hit a low of $12 a share in mid-March of 2003. Its CEO, Jack Greenberg, was fired by the board at the end of 2002. Operations were suffering and franchisees were losing money. At the time, Business Week called it “hamburger hell.” Four years later, McDonald’s is prospering again. Its sales have grown 40% from the end of 2002 to the end of 2006. The company has quadrupled its dividend over the past five years, and its net income has quadrupled as well, to $3.5 billion in 2006. Its US market share is now three times that of its nearest competitors, Wendy’s and Burger King. This stellar performance has been reflected in its stock, which now trades at around $45.
“Traditional measures of innovation such as market success are significantly lagging indicators. We’re interested in measures that are timely, meaningful, and, most importantly, actionable.” David Burrage, Motorola research portfolio and processes manager, in Business Week, 28 April 2006 How does your organization measure its innovation performance? Based on research we’ve done recently at the ICE Center, there seem to be several common themes and issues around commercializing innovation, applying to both new products and services.
Back in April of 2004, Reed Hastings, Netflix’ CEO, announced that the company would provide a video-on-demand (VOD) service in 2005. Hastings maintained that the company had always intended to provide VOD services – the use of DVDs and the assistance of the U.S. Post Office was an interim step towards a disk-free future. On January 16, 2007 (two years late), Netflix announced that its VOD service was finally available. ”This is a big moment
“We couldn’t afford to lose any more money on a program that appealed to a very small number of people. As great as it was, it would go about 100 miles and take about six to eight hours to charge.” General Motors Spokesman Dave Barthmuss on the EV-1 in The New York Times, 29 Sep 05 Just 15 months after Mr Barthmuss explained why GM’s EV-1 electric vehicle had no place in the company’s future,
From Gizmodo ADS announced InstantVideo To-Go, a nifty little $79.95 widget that supercharges compression of video into that oh-so-sweet H.264 format. The company calls it the first hardware-based H.264 conversion device for PCs. This little USB key is a video transfer accelerator that lets you convert any video into that butta-smooth format specifically for playback on an iPod or PSP, and lets you accomplish that feat five times faster than real time. So what this
From the PDMA blog: Speaker: David Merritt, Sr. New Business Development Manager for Mellon Financial The key elements of their newly-redesigned program were: Innovation was integrated into each employee’s peformance plan… they must generate at least one idea Innovators were recognized publicly via posters and in company meetings Innovators were given rewards via a point system, with the winners receiving crystal trophies Some of the processes they put in place were: They implemented Stage-Gate for
Annette Kramer wrote I spoke to a Partner in a money management firm who talked to me about the qualities of mind he thinks are most important in financial services professionals. AK: What do you look for in people you hire? P: All of the Partners had an interesting conversation about this yesterday. I said, “Listen, we hire analysts right out of business school, and that’s what everyone else does, too. So how are we
My clients, which are Fortune 50 financial services companies, would like to use podcasting internally (that is for their employees only) to support their innovation programs. There are a number of security hurdles to overcome to make this possible. First, just plugging a USB device into your desktop computer at work represents a major security threat. Some articles about this are collected here. In addition to being able to transport large amounts of data, iPods
Sanjay Dalal wrote a good summary of the book, Built to Last – Successful Habits of Visionary Companies by Jim Collins and Jerry I. Porras, on his blog, Creativity Driving Innovation In Business. The authors summarize their findings from 3M and provide five takeaways to drive Innovation at any business: 1. “Give it a try–and quick!” – Essentially echoing on having a process to try out a lot of stuff, and keeping what really works.
http://nykrindc.blogspot.com/2006/10/islamic-banking-innovation-in-islam.html the report notes that unlike Hadith (traditions attributed to the Prophet Muhammad) which are immutable, Fiqh, which affects all aspects of life, allows Islamic bankers room for maneuver when designing new financial instruments that are both profit-making and compliant with shari’a… The MEMRI report notes that the increased demand for Muslim financial institutions in the West has also prompted western firms to being providing these services. The report cites, Lloyds, TDS, Deutsche Bank, the