Drywizardnys

Market Driven Innovation (MDI) is designing, managing and implementing your innovation process based on the needs and wants from your key markets. MDI is not new, but still today, many companies have found it difficult to transform their innovation work from their entrenched technology and product forward approach they have been using to a market back approach. Often, their entire business processes have been built around their assets and products they produce and their go-to-market strategy based on their historical sales experiences. The result of this behavior is premature commoditization of their value propositions, their most important assets. Market Driven Innovation is based on a strict set of principles: o Engineering/technical resourcing decisions are made based on a validated market need and an attractive business case. o Organizational Focus is achieved from understanding market segments and targeting the most attractive segments for growth o A cross-functional team approach, marketing, technical, and sales all contribute to the growth initiative together, and thus are aligned on the strategy: o Accelerated ramp up after launch from a higher operational knowledge of the market o Accelerated technology development because better design specifications from a segmented market o Driven by business leaders who make resource […]

If you really want to become more profitable and improve operations in your company, you have to shift your focus from the following limiting thoughts about technology.   If I buy the latest production software we will be in good shape We don’t do that here We are unique, we don’t have competition that use technology to help them generate profits The plan is in my head, people will steal it off the computer All I need is more sales to make more profits   You’ve got to get the right mindset by eliminating restricting thoughts, and then you’ll be ready to improve people, processes and profitability. Do you ever wonder how a company can start out with just one idea, a passion and a vision, then 10 to 20 years later have thousands of employees and millions in sales?   What did these companies do to become so successful Are the owners smarter than you? Do they work harder than you? Did they have better equipment or people than you?   No. But they do use better technology tools to drive operation (the people and the process). Operations represent about 60% or 80% of all your overhead costs but […]

We live in an information overloaded society, yet we actually know so little. While I was reading this book I took a straw poll of some people I know, and 100% of them had no idea who the Colwell brothers, or Herb Allen are. So much information, yet so little knowledge is a real problem in today’s world. The three cowboy brothers and Herb, probably did more for world peace, or at least peaceful co-existence than any President, or any government organization has ever done. Frank McGee has produced a great book that chronicles the story of these eclectic individuals. Even better the book is peppered with photographs of the actual people and events. The story starts right after WWII, the Colwell’s are in their teens, and have a true skill in the entertainment world, initially self taught, they make their mark on the radio landscape, appearing in the Tex Williams weekly show. Invited to ‘tour’ overseas for one month the young brothers can not resist, and against their parents better judgment they set off on their adventure. It was almost a decade before they returned to the US. As part of MRA (Moral Re-Armament) and later Up With People […]

Destination weddings have become incredibly popular over the years, and for many newly engaged couples, the interest in getting married in the Caribbean is increasing every day! After talking with many of my clients that have visited our travel agency to inquire about a destination wedding, they seemed to all agree that getting married on a Caribbean Island or even on a Caribbean Cruise is something they have always desired. The exotic locale, convenience, value, and stress free environment it fashioned were some of the many reasons couples find this option very appealing. Before I talk more on the Caribbean, allow me to first talk a little bit about who I am, and the reason why I view the Caribbean as a popular wedding destination choice. Back in July of 2000 I attended Travel College, and this is where I met this beautiful Italian girl in my class named Maria. It was clear that the both of us were on the same path of becoming professionals in the travel industry, and at the time we never knew what we were about to experience. Once we graduated, Maria and I were immediately employed by different travel agencies that soon opened up […]

Investors have long discussed, argued and debated whether single family homes or multi-units are better for your real estate investing portfolio. There are advantages and disadvantages for each and I will briefly highlight some of these below. Let’s start with single family homes. Single family homes are typically easier to finance, easier to find long term tenants for and easier to sell. They are easier to finance because you can go to just about any bank and get a non-owner occupant loan, often with very little down payment. (But note, at the time this is being written, May of 2008, lending requirements have gotten significantly stiffer.) Single family homes are easier to find long term tenants for because many tenants prefer living in a detached home rather than sharing a wall and/or ceiling with multiple neighbors in a multiplex unit. Tenants also tend to stay longer because those who rent houses instead of apartments tend to have more stuff and they don’t like to move it as much. Since you can sell your single family home either to another investor or to any family looking for a home, you have a very large market for liquidating your property. Another advantage […]

Outsourcing business solutions allows businesses to maintain a competitive edge while saving on costs. There are certain functions, like IT and web design, that are necessary but may not fall under a business’s core competencies. Maintaining in-house teams can be costly in terms of office space, equipment and training. Some businesses may not have the resources to spend on them. By outsourcing their solutions, businesses can leverage the expertise of a provider at a fraction of the cost of maintaining in-house services. There are distinct advantages to outsourcing, including: Cost-effective communication. Businesses can boost staff productivity with professional email and collaboration tools. These solutions require their own servers, however, and need to be maintained by a dedicated IT team. By outsourcing the IT solution, businesses can save on the cost and hassle of server maintenance while enjoying 24/7 support. Professional Web design. Businesses may not have the time or expertise to design their own website. Through a provider, they can have a professionally designed corporate website built according to their budget and specifications. Enhanced online visibility. It takes IT expertise to enhance a website’s visibility so the target audience can find it. By leveraging search engine optimization and pay-per-click advertising […]

Auto racing is one of the highly televised sports in the world. The exposure of people to auto racing has acted as a catalyst for its growth in popularity. More and more people, especially kids and teenagers, have been drawn towards racing. Carting, most basic and arguably the safest introduction to motor sports, is very popular not only in Europe and North America, the traditional bastions of auto racing, but also in Asia and some parts of Africa. But, its popularity and fanfare should not undermine the fears about its safety. We know from our daily experience that even driving through roads at a speed that is infinitely slower than that in the auto racing arenas can be dangerous. Despite the technologically advanced safety measures, the inherent danger of high-speed auto racing refuses to be conquered. There are a large number of accessories for auto racing safety. But, there is no better method to avoid accidents than driving with concentration and focus. Formula One racing is undoubtedly the most famous auto racing event in the planet. Ayrton Senna is the immortal star in the Formula One history. He died on the track in 1994 following an accident while racing. That […]

Furniture, especially wooden furniture, plays a very important role in emanating a pleasant and peaceful atmosphere in your home. However, while everybody wants to have wooden furniture to deck up their homes, not many are aware about what furniture to buy. It is very important to know several aspects involved in the buying of furniture. These include the type of wood you’re looking for, the place where you want to place your furniture, the color of the furniture that would be ideal for you etc. These are some of the basic questions that one has to answer ahead of buying wooden furniture. If you’re a person who is intending to buy some quality wooden furniture and also appreciate quality then you have to spend some time on determining the type of furniture you want to buy. Your budget, of course, would be the most important factor while buying wooden furniture. There’s no denying of the fact that quality wooden furniture is expensive. Wood has become dearer these days because of the strict tree felling norms imposed by governments worldwide and the move to conserve forests and balance the ecology. This has led to the emergence of alternative materials like metal […]

There is a simple but undeniable truth in the financial consulting and wealth planning industry that Wall Street has kept as a “dirty little secret” for years. That dirty little, and nearly always overlooked secret is THE WAY YOUR FINANCIAL ADVISOR IS PAID DIRECTLY AFFECTS THEIR FINANCIAL ADVICE TO YOU! You want, and deserve (and consequently SHOULD EXPECT) unbiased financial advice in your best interests. But the fact is 99% of the general investing public has no idea how their financial advisor is compensated for the advice they provide. This is a tragic oversight, yet an all too common one. There are three basic compensation models for financial advisors – commissions based, fee-based, and fee-only. Commission Based Financial Advisor – These advisors sell “loaded” or commission paying products like insurance, annuities, and loaded mutual funds. The commission your financial advisor is earning on your transaction may or may not be disclosed to you. I say “transaction” because that’s what commission based financial advisors do – they facilitate TRANSACTIONS. Once the transaction is over, you may be lucky to hear from them again because they’ve already earned the bulk of whatever commission they were going to earn. Since these advisors are […]

Endometriosis which grow somewhere else other than the endometrium also reacts to hormonal signals of the monthly menstrual cycle by building up tissue, breaking it, and eliminating it through the menstrual period. As we know, nutritional supplements play a very important role in treating endometriosis. In this article, we will discuss how vitamins help to treat endometriosis. A. Vitamin A I. Definition Vitamin A is a bi-polar molecule formed by bonds between carbon and hydrogen. It is a fat soluble vitamin. This means it can not be stored in the liver but it can be converted from beta-carotene, a powerful antioxidant. Besides helping in treating endometriosis, it is also known to have strong effects in improving vision and enhancing bone growth. II. Vitamin A and endometriosis a) Vitamin A is a very powerful antioxidant that not only helps to strengthen the immune system, but also protects against the growth of endometriosis. b) Vitamin A helps in regulating the gene expression by fighting against the forming of free radicals and protecting the body organs from abnormal growth of endometrial implants and adhesion. c) Red blood cell production Vitamin A working together with iron helps to aid the production of red blood […]