Continuous Improvement

Before Telecommuting and Online Retailing,  we got Management by Walking Around .

Then the gurus told us to “re-engineer” the corporation (Japanese influence).

Then, Toyota was on the roll with Continuous Improvement (Al Gore was buying into this when trying to re-invent the US Government). True to its form, Toyota continuously improves its R&D, from EV racing to 3-wheel concept EV. The Prius has established itself as the category leader.

If you don’t re-invent, someone else will (the Innovator’s Dilemma).

In fact, Steve Jobs did a great job at breaking the vicious cycle with 99 cents per song proposition, knowing that disruption would be followed by destruction (of the music industry).

Once again, we learn that corporations are sitting on their war chests full of cash.

They are looking to buy small and promising competitors, often times, to eliminate “disruption” in one fell swoop.

The big guys’ version of Continuous Improvement is Continuous Consumption, pac-man style.

From a Marketing standpoint, Hyundai and Kia have done a great job gaining traction and acceptance.

This is when GM, VW and other car makers all try to make a comeback in the face of pent-up demand (Recession hesitation).

Not only technology leapfrogs, consumers also buy in to the latest and greatest e.g. Galaxy IV.

More gadgets, more interconnection and integration.

From home to car to the office (even at those third places like Starbucks).

There will be a generation of consumers who take broadband for granted (reminds me of those pin ball machines, a 70’s must-have for off-campus hangouts).

Putting it all together. Companies need to continuously improve their products, services and ways to reach their target markets.

Buyers look for a positive experience, both on and off-line. Here is where the classic text, Influence, counts: social proof, consistency and scarcity.

When the Tesla is in back order, it’s a good sign (scarcity). So is the Prius (consistency). Before we know it, those with the guts to go for the Gold win e.g. full plug-in after trying hybrid cars(EV still needs critical mass -or Social Proof to be validated). With those war chests, I am sure companies can now afford to leap-frog their R&D knowing in their guts that there is a price for everything, including in-action. Even if you do nothing, just sitting on the track, you will likely be run over by a train. Kaizen.

My SAAB story

OK, I took a picture standing next to the convertible SAAB I won, but I took the cash option ( for grad student loan).

Now, this brand, along with Pontiac and Saturn, will soon be relics of the past.

We have a lot of In’s/Out’s at the end of this decade: ABC new anchor, BoA new CEO…

It’s been a strange decade. “Overloading” is the word.

On top of Y2K, 9/11 and 06.08 Recession, I have some personal reshuffling, not to mention the deaths of my parents

and father-in-law.

All along, I knew Google would hit the jack pot and  Voice will be at near-zero pricing ( even when bundled with wireless).

I have been privileged with friends and colleagues online (thank you Social Networking sites).

We went through a lot together, some have gone with me through 5 companies.

And I don’t remember when I do away with watching Network news at 6:30PM.

Perhaps by 6:30, I have already got “informed” with pop-up news online, radio and cable news.

PBS format of the News Hour stays very consistent and this has been a blessing in disguise (amidst uncertainty and change).

I have worked out of home a lot during this decade, except for a few years of commuting to Santa Monica from Orange County, and a few months abroad.

I don’t understand people who not only make money with “the 4-hour work week”.

Naturally, this decade has seen:

– cutting the wire line phone

– doing away with the fax machine

– Skype becomes the new wire line (w/headset)

– driving smaller vehicles, if at all

– watching HDTV

– lost taste in ties (what color and pattern is in now? )

– hardly see “chain” e-mail regarding Microsoft handouts, or Nigerian fake uncle’s will

Vista Operating System gone

I enjoy all the feedback loops, collaborative tools and open-source in this Brave New New World.

Next decade?

CD‘s will join the fate of cassette tapes, books belong to those archives, and students don’t carry hard back text (just E-reader and other gadgets).

More on-screen heroes will emerge from the East, to retire Jackie Chan ( a new Bruce Lee).

Boomers will volunteer to build a more conscious-raising society.

They have been witnesses to changes, from social to technological, from local to global.

That generation is worth listening to (who wouldn’t want to be critiqued by Robert Redford at Sundance when trying to make a film).

And perhaps, the most anticipated happening of the next decade is the Next Big Thing.  Maybe it will be out of Shanghai or Mumbai. Keep your mileage plus handy. You might need it for those long flights. But this time, no more lugging those hard-back books (Tom Clancy) or heavy lap tops. And, leave your tie home.