Google Wave!

They first founded Google Maps technology and now after 2 years they are back with Google Wave!

The Rasmussen brothers (Lars and Jens) who founded Where 2 Tech, which was acquired by Google in 2004 and became Google Maps. On 28 May 2009, Rasmussen brothers previewed Google Wave, a Web-based service that combines aspects of e-mail, instant messaging, real-time collaboration and document processing into a unified user experience

Analysis by Gartner:

With Wave, Google seeks to change fundamentally the way people communicate by turning the Web into an integrated, real-time, multiway medium. Thus, Google has undertaken a complex challenge, which earlier distributed collaboration systems, from Internet newsgroups to Lotus Notes and Groove, have addressed with varying degrees of success. Wave combines a broad suite of applications, a protocol that independent developers can use to build interoperable Wave servers, and a platform that allows developers to add new processing logic to Wave content and to embed Wave functions in external Web sites. Implementing the full Wave vision requires innovations in distributed-computing algorithms, in scalable keystroke-level "push" communications, in protocol design, and in server infrastructure and data repositories.

Google will release major portions of Wave, including the protocol and a reference implementation, under the "most liberal" open-source license to drive adoption of Wave by independent developers and make it part of the Internet infrastructure. Wave also includes innovations in technology, user experience and business model, which can drive adoption by individual consumers. However, several inhibitors will keep Wave from affecting the enterprise soon:

• The large aggregation of features, which can daunt users
• Dependence on the latest Web browser technologies
• Likely overlap with multiple areas in an enterprise’s IT environment

Wave will not challenge Lotus Notes, Microsoft Exchange or Microsoft Office SharePoint Server for five to 10 years, if it ever does. Nevertheless, Wave will create both competition and opportunity for other players in the market. Wave shows that workplace offerings will eventually have to combine Internet standards and a decentralized, federated architecture. Whether or not Wave ultimately succeeds, the Web will win.

What is the root of our times biggest economical crises?

Since the beginning of economical crises I have been wondering for a while where did it start? Why investment banks start bundling the mortgages and selling it as products and bonds?

Here is a unique interview of Michael Lewis by CNN's Fareed Zakaria, he talks to 'Liar's Poker' author Michael Lewis about the economic crisis and future of Wall Street.



"Liar's Poker" tells the tale of Lewis's days at the now defunct firm Salomon Brothers, where mortgage-backed securities -- the fuel for the fire of the current crisis -- came from. "Home Game" chronicles his life as a father. Don't forget Father's Day is coming up!

Reinventing process

I think he did it again, Kjell A Nordström, he managed to inspire business leaders in the Polo Position Day 2009. After The books Funky business and Karaoke capitalism, which are described as a "manifesto of what our time requires from business firms and their leaders", became an international best-seller and has to date been translated into 33 languages.


http://www.polepositionday.nu/program/index.html

Leading age technology in 21st century is an absolute necessity for any company but it’s not the key success factor for companies. In general this applies to all companies from banks, to car manufactures to mobile device manufactures. The leading age technology is necessary for any companies’ survival but it doesn’t create the temporary monopole. What do the companies do next, they ask McKinsey for help. McKinsey will analyze the problem for months and the final conclusions is that your company need a major reorganization and you need outsourcing, in sourcing, downsizing, rightsizing and you know the rest, you have seen it so many times and you have all been there don that. Back in days this was a powerful way to do change but now these types of help are available everywhere and to everyone without help of McKinsey.

So what do we do now? We are now in an age where we don’t have competition in a way that we once knew; there is only a reinventing process and renewal change management that can create leading innovation. iPhone was amazing but now Apple needs to reinvent themselves, it has been more then 2 years and the competition is catching up with all the major device manufactures offering almost the same technology soon or later. This is a major challenge for companies like Apple but they have managed to find a way to create an organization where change is part of the day to day business.