Sunday, July 20, 2008 Will Outsourcing become the bogeyman? POST A COMMENT As we see more small businesses shift toward Globalization -- (thanks to the Internet) -- those smaller Mom-and-Pop Multinationals gotta deal with that sticky question of outsourcing work to stay afloat - (meaning sending jobs outside the US)... 'especially true online, with a need to stay competitive and resulting in a better bottom line with "savings for customers and any shareholders." As reported in Business Week recently: Lower wages are not the only motivating factor..."the performance of the provider on quality...is much higher than here in the US." Small businesses -- "from car dealers to advertising agencies are finding it easier to farm out software development, accounting, support services, and design work to distant lands...Sites such as Guru.com, Brickwork India, DoMyStuff.com, and RentACoder also report fast growth." Hmmm, sounds like the world will live as one after all. Source: Business Week Labels: brain-power, Business-101, capitalism, co-create, Outsourcing, rich and poor divide, web trends, Wiki-way posted by Henry Cruz at 4:04 PM Monday, May 26, 2008 Business-101: everyone's a co-creator POST A COMMENT "Everything that becomes digital eventually becomes free. There's almost no stopping it," says Chris Anderson (Wired Magazine) -- I wrote about this idea in an earlier blog: giving it away free online -(where you would make money by later targeting smaller premium customers). But, now let's move on to the broader Future of Business online -- (noting successful examples as a foundation for the building blocks of the future: Google, Wikipedia, craigslist, and various free shareware software...). This trend, let's call it an "evolution" -- (or "revolution" -- depending on which side of the fence you sit on) -- leaves the happy-online-user no-longer-willing-to pay for information-content -- (think of it as a Wikipedia-business-model to wrap your brain around it...or using every one's brain-power to make our next set of fancy new toys). Welcome to "Co-create" - that new buzz world you'll be hearing about if you wanna stay in business; 'the success of all new businesses will now depend on more "consumer-oriented" experiences to survive... "The idea is that...companies no longer invent new products and services on their own." claims Fortune Magazine. "They create them along with their customers, and they do it in a way that produces a unique experience for each customer." Bottom line: No longer can business shove a one-size-fits-all..."The whole user experience is co-created." -- or rather driven by the brain-power-of-the-masses; and then made unique to each individual customer...'guessin BK's most famous slogan had it right when they said: "Have It Your Way." Source: Fortune Magazine here's a 101-video, with Wikipedia's founder Jimmy Wales: Labels: Business-101, co-create, Media Trends posted by Henry Cruz at 7:24 PM     ARCHIVES October 2005 . November 2005 . December 2005 . August 2007 . September 2007 . October 2007 . November 2007 . December 2007 . March 2008 . April 2008 . May 2008 . June 2008 . July 2008 . August 2008 . September 2008 .