Wednesday, April 30, 2008

Comment on rule 5 and 6 for Thursday

7 comments:

Ethan White said...

The fifth rule is that all these big companies have to start collaborating with each other in order to make use of each companies specialties and be more productive as a whole. In a way that sounds good to me, but it also seems like it eliminates the competition that drives capitalism. A cool example is video game producers working with musicians in a relationship where both sides benefit. The sixth rule is that companies need to get their infrastructure broken down and decide what is helping and hurting them and maybe let someone else do the things that are weak and are hurting them. Again, it sounds smart, but for some reason these things just don't seem right to me.

Scott said...

The 5th rule is big companies need to start working together to be more productive and efficient. Like Ethan said it does sound good but I believe that it will produce quality products and at a faster rate. The 6th rule is companies are breaking their company up. That way they see what is helping and hurting them. I think this a good rule because you see how your company is doing from a different view.

Joseph Toney said...

Rule 5 is saying that the best companies will be those that start collaborating with other companies within numerous aspects of the work they do. He says that this will essentially have to be done because no one company will be able to master these new and next layers of value creation. This collaberation i think will result in faster produced, better quality, and more technologically advanced products.

Rule 6 is talking about how the best companies will need to frequently analyze themselves(Chest X-ray) and evaluate what parts of there company are a source of income and those of which are not and for those that are not see if that aspect of the business could be done cheaper and better somewhere else.

Josh said...

Rule # five said that the best companies will be the best collaborators. The more and more business will have to be done between companies because jobs are becoming so complex that no single firm or department will be able to do it alone. Friendman talked about how gaming companies are collaborating with the music industry to get the best music possible on their game and then the music company can release a soundtrack for the game. He also talked about how Rolls-Royce has been making gas turbines for military airplanes, helicopters, and ship since the 1980's.
Rule #6- In a flat world, the best companies stay healthy by getting regular chest x-rays and then selling them to their clients. Basically what this means is that companies are getting an outside source, like IBM, to come in and see what your company is doing right and what they are doing wrong, then put it into a presentation and let you analyze the results. They take the different parts of the company and say weather it is costing the company money or making the company money. Friendman said that when HP got their XY they discovered that they had opportunities they would never have thought of.

Kevin said...

Rule #5 states that the larger companies need to start working togetherand utilizing eachothers specialties so that they can be more productive and make more things faster and better. Rule #6 is the companies need to seperate and breakdown the different parts of their companies and take out the weaker parts of the company so that other people can have a chance to do it better.

Unknown said...

Rule number 5 is about big companies working together to be able to get the best of the best all working together for the same goal instead of competing for different goals. Like how he says Steve Jobs and Apple constantly talk about "cross-pollination." It also talks about how Rolls-Royce hasn't made cars through Rolls-Royce since 1998, and how most of their income comes from their gas turbine technologies with military and civillian aircrafts in the UK.

Rule #6 is about companies re-examining themselves to find out what they're doing well and poorly, and find ways to improve upon it. Like when you go through your hard drive on your computer and delete everything you don't need and add some things to boost performance. One example he gives is the Bank of India not doing well with it's "back room" and outsourcing it to HP in the US so they can handle it. That's a little backwards from the rest of this book I say. The thing that bothers me about this is he makes a point of having such a hard time understanding how some American company could possibly handle the backroom systems of the Bank of India, yet has no trouble at all believing they are capable of handling anything we throw at them.

jace said...

5: Big companies collaborate to make use of special skills of each other. Streamlined process, but a loss of competition because the market is then heavily controlled by one company.

6: Big companies subsidize and create different "wings" or organizations within the same company. This is what happens when a company gets to large to manage everything and they start looking over what each person does to see if they are needed or just excess.