Skip to main content

Blink: Eight factors will combine to create the first trillion-dollar company.

The Four Horsemen – Amazon, Apple, Facebook and Google – dominate not only our online experience but the whole corporate world. The Four have become the world’s most valuable companies. They’ve reached their success by appealing to our deep human desires while also engaging in some questionable practices. And while there’s no doubt they’ll be around for a while, at some point, one of Four might disappear, or a fifth horseman might arise. In the meantime, it’s best to learn how to thrive in the world they’ve created.

The Four Horsemen dominate the world today. But might a fifth horseman emerge and unsaddle these other riders?

If that were to happen, this fifth horseman could well become the first company with a market valuation of $1 trillion.

According to the author, there are eight attributes that a fifth horseman would need to possess in order to become the first trillion-dollar company. Since “trillion” is the key word, he calls these combined attributes the T Algorithm.

First is product differentiation. Each of the Four offer a superior product – Apple has the iPhone; Amazon can deliver within hours – so a challenging horseman would need a comparably superior product.

Second is visionary capital. The Four all offer a compelling vision for the future – and it’s this vision that attracts investors. Google, for instance, strives to organize all the information in the world, while Facebook wants to connect everyone on earth.

Third is global reach. A trillion-dollar company needs a product that can reach anyone, anywhere. So it will probably have to be at least partially digital.

Fourth is likability. In order to avoid regulatory intervention, the fifth horseman would need a very positive image. Right now, the Four aren’t looking as benign as they once did, and this is the main chink in their armor.

Fifth is vertical integration. For a company to be vertical, it must control different stages in both the production and distribution of its product. The Four all do this.

Sixth is artificial intelligence. The Four are data experts; they collect as much data as possible and, in the process, make their algorithms as smart as possible.

Seventh is accelerant. In order to attract top talent, a fifth horseman would need to be perceived as a company that could accelerate a person’s career.

And eighth is geography. Each of the Four is situated near a prestigious university – Stanford, UC Berkeley, the University of Washington – and they each have cultivated a good relationship with their neighboring academic institution. This allows them to recruit the best and brightest.

__
The above excerpt has been taken from The Four book authored by Scott Galloway.

Comments

Popular posts from this blog

Unlock protected blocks in Siemens SIMATIC Step 7

Recently I'd been called by Hindalco's Fabrication Plant division to unlock the protected blocks in Siemens SIMATIC Step 7. They were in need to unlock those blocks since an year because of 1 million Rupees of loss per month. They want to re-program those blocks but it was locked by the man who'd done the setup. From the people working in that department, I came to know that they were trying to call that man (someone from Italy) right here but he's not coming. Actually, what he'd done was that he'd locked some of the blocks and deleted the source file. And Siemens didn't provide any feature to unlock. Department people also told me that even the people working in Siemens don't know how to do it. Being a software engineer I know that any thing can be reverse engineered. So I took up the challenge. How did I unlocked the blocks? The first thing I'd done was searched about this software at Google and read about what is this software all about. Aft

JS: The complete code example of Crypto.js (DES)

For one of the project I was trying to use crypto.js but I found that the Quick-start Guide have some deficiency in terms of library usage. So I am writing it here as a useful note for memory recap. <script src="http://crypto-js.googlecode.com/svn/tags/3.1.2/build/rollups/tripledes.js"></script> <script> var encrypted = CryptoJS.DES.encrypt("The secret message", "secret_key"); var e_msg = encrypted.toString(); console.log(e_msg); var decrypted = CryptoJS.DES.decrypt(e_msg, "secret_key"); var d_msg = decrypted.toString(CryptoJS.enc.Utf8); console.log(d_msg); </script>

How to convert JIRA story into sub-task or defect?

Many times we entangled in the situation where we have made a  story  in JIRA but later on realised that it should have to be  defect  or in other case,  sub-task  of another  story . Story → Sub-task So the workaround for converting the story into defect is given below: Open your  story Click on  more  option Click on the  Convert to sub-task  option in the dropdown You would be asked to choose  Parent  story, so chose relevant story After submit, your  story  gets converted into  sub-task Story → Defect Now if you want the story to be converted into defect, then you should first convert it into sub-task. Thereafter, you can convert that sub-task into defect as given below: Open the  sub-task Click on  more  option Click on the  Convert to issue  option in the dropdown You would be asked to fill up relevant fields required for raising a  defect , fill them up as required After submit, your  sub-task  gets converted into  defect .