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    The 'S' Corporation is a Dinosaur
    The ‘S’ corporation is a dinosaur. It has been over-rated and overused as a ‘knee-jerk’ default entity choice when in fact its usefulness is limited to specific circumstances. Many well-meaning advisers have for years urged their clients to use the ‘S’ corporation based upon outdated case law or cocktail party conversations that were a poor substitute for continuing education. As a practical matter, the ‘S’ corporation’s utility is severely limited, primarily because it restricts flexibility, ownership choices, tax savings and liability
    ent lighting 1851,1934, 82 years

    Radar 1887,1933, 46 years

    Ballpoint pen 1888,1938, 50 years

    Zipper 1891,1923, 32 years

    Diesel locomotive 1895,1934, 39 years

    Power steering 1900,1930, 30 years

    Helicopter 1904,1936, 32 years

    Television 1907,1936, 29 years

    It takes a long time for the technology to pick up. However, the lapse of timing between invention and production is spe

    Watch Your Business Vendors Like a Hawk: Case Study 2002
    In business you must develop a strong team and to do this properly you must be careful whom you pick to be on the team. Vendors are part of that team. It is not as easy as you might think picking vendors. Let me tell you a story. I take issue with some of our vendors who do not walk the talk. I visited several vendors in TX this month and found that their lack of image and un-kept shops and attitude about image was quite inferior to ours. I found that they did not have the same value set when it came to quality of uniforms, signage an
    Many healthy companies fall into the trap of their success. They tend to be more ‘technology’ driven mode rather than being ‘market’ driven. Many companies developed the product first then start out looking for the market. Successful companies look at the market first then start developing the products.

    Exxon Chemicals was the first largest faxed machine supplier in the world. But Exxon Chemicals was ahead of its time and after making horrendous financial losses, decided to give up. Instead the late entrants, Japanese companies such as Canon, made a success of the fax technology. In the 1980s, many videotext services such as the Singapore Telecoms Teletext made losses. The technology of videotext appeared very promising, with each household been able to access electronic data and information from the television screens. The only problem was that the market application and services were not widespread enough to create a critical mass. It took time for the wide acceptance of videotext services to kick in. The Internet technology took over the top spot of online services instead although the Internet is a much less sophisticated technology and an earlier head-start than videotext. Also, notwithstanding the more powerful colour picture quality and technology of the videotext as compared to the Internet, the Internet has the advantage of wider market acceptance. As a result, videotext applications were dwarfed by the Internet ones.

    The following shows that the other gestation period between a technological invention and commercial production is shortening.

    Invention, Invention date, Production date, Waiting time

    Fluorescent lighting 1851,1934, 82 years

    Radar 1887,1933, 46 years

    Ballpoint pen 1888,1938, 50 years

    Zipper 1891,1923, 32 years

    Diesel locomotive 1895,1934, 39 years

    Power steering 1900,1930, 30 years

    Helicopter 1904,1936, 32 years

    Television 1907,1936, 29 years

    It takes a long time for the technology to pick up. However, the lapse of timing between invention and production is spee

    Make Flexible Working Patterns Work For You
    With the end of ‘a job for life’, the ticking of the demographic ‘time bomb’, and the ever-increasing pace of new technology, employers are having to consider a wide range of new working patterns that take account of this rapidly changing work climate.So what is the government’s position on these new ways of working; and what are the benefits and potential pitfalls for employers to avoid?What is the government doing?The government is well aware of the consequences of changing work patterns - not least because they i
    f its time and after making horrendous financial losses, decided to give up. Instead the late entrants, Japanese companies such as Canon, made a success of the fax technology. In the 1980s, many videotext services such as the Singapore Telecoms Teletext made losses. The technology of videotext appeared very promising, with each household been able to access electronic data and information from the television screens. The only problem was that the market application and services were not widespread enough to create a critical mass. It took time for the wide acceptance of videotext services to kick in. The Internet technology took over the top spot of online services instead although the Internet is a much less sophisticated technology and an earlier head-start than videotext. Also, notwithstanding the more powerful colour picture quality and technology of the videotext as compared to the Internet, the Internet has the advantage of wider market acceptance. As a result, videotext applications were dwarfed by the Internet ones.

    The following shows that the other gestation period between a technological invention and commercial production is shortening.

    Invention, Invention date, Production date, Waiting time

    Fluorescent lighting 1851,1934, 82 years

    Radar 1887,1933, 46 years

    Ballpoint pen 1888,1938, 50 years

    Zipper 1891,1923, 32 years

    Diesel locomotive 1895,1934, 39 years

    Power steering 1900,1930, 30 years

    Helicopter 1904,1936, 32 years

    Television 1907,1936, 29 years

    It takes a long time for the technology to pick up. However, the lapse of timing between invention and production is spe

    Your First Job
    “Your first job is an extension of your education”Fresh out of college. Loads of dreams. A whole new world waiting to be explored. And you are just waiting to put all those fat books you have spent the last few years studying into practice. Self-assured and confident yet anxious about the new world ahead. To make all those castles in the air real…with your very first job.Like every other first experience, the first job is one experience which you wouldn’t remember to forget. The experience could make lasting impressions in
    eens. The only problem was that the market application and services were not widespread enough to create a critical mass. It took time for the wide acceptance of videotext services to kick in. The Internet technology took over the top spot of online services instead although the Internet is a much less sophisticated technology and an earlier head-start than videotext. Also, notwithstanding the more powerful colour picture quality and technology of the videotext as compared to the Internet, the Internet has the advantage of wider market acceptance. As a result, videotext applications were dwarfed by the Internet ones.

    The following shows that the other gestation period between a technological invention and commercial production is shortening.

    Invention, Invention date, Production date, Waiting time

    Fluorescent lighting 1851,1934, 82 years

    Radar 1887,1933, 46 years

    Ballpoint pen 1888,1938, 50 years

    Zipper 1891,1923, 32 years

    Diesel locomotive 1895,1934, 39 years

    Power steering 1900,1930, 30 years

    Helicopter 1904,1936, 32 years

    Television 1907,1936, 29 years

    It takes a long time for the technology to pick up. However, the lapse of timing between invention and production is spe

    Niche Marketing and the Demands of Outsourcing
    While opening a business is often a gamble of sorts, in the world of online niche marketing, your greatest asset is often finding the right niche to expose and profit from. Granted, it takes time and expense to find the niche that's just right for you, but it's pay-off can be immense. No, there are no guarantees in this line of work, but neither do offline businesses get guarantees of certain income.However, here are certain strategies for choosing a niche that has a high probability of success.Some schools of thought pr
    picture quality and technology of the videotext as compared to the Internet, the Internet has the advantage of wider market acceptance. As a result, videotext applications were dwarfed by the Internet ones.

    The following shows that the other gestation period between a technological invention and commercial production is shortening.

    Invention, Invention date, Production date, Waiting time

    Fluorescent lighting 1851,1934, 82 years

    Radar 1887,1933, 46 years

    Ballpoint pen 1888,1938, 50 years

    Zipper 1891,1923, 32 years

    Diesel locomotive 1895,1934, 39 years

    Power steering 1900,1930, 30 years

    Helicopter 1904,1936, 32 years

    Television 1907,1936, 29 years

    It takes a long time for the technology to pick up. However, the lapse of timing between invention and production is spe

    The 4 Valuable Virtues of Offset Printing
    The crude printing processes of old is a bygone era. Today’s technology gives you nothing but quick, affordable prints made in high-quality.Today’s cutthroat competition demands both quantity and quantity delivered at the same time. One simply cannot afford to settle for something that “that will have to do.” Hence, offset printing is the printing process of choice to accommodate such pressing demands.Offset printing is a more efficient and refined operation in generating prints. It is also the most common and practical p
    ent lighting 1851,1934, 82 years

    Radar 1887,1933, 46 years

    Ballpoint pen 1888,1938, 50 years

    Zipper 1891,1923, 32 years

    Diesel locomotive 1895,1934, 39 years

    Power steering 1900,1930, 30 years

    Helicopter 1904,1936, 32 years

    Television 1907,1936, 29 years

    It takes a long time for the technology to pick up. However, the lapse of timing between invention and production is speeding up and narrowing.

    In technology, there is a trigger point when the price gets low enough, the application gets widened and people think that they want to have it. The technology can stay latent for a long time before hitting the trigger point as the market is not quite ready to embrace the applications of the technology. The key is to prepare for the trigger point and ride with the wave and revolution when it arrives.

    When the technology is triggered off and embraced it will permanently change the way we do business. Just as fax technology phases out the telex, e:mail technology may one day phase out faxes. CD is phasing out videotape technology and one day CD itself may be phased out by DVD.

    A few years ago, people would buy computers and not ask for a DVD drive, now they expect to have it. Not so long ago, wireless phones were not common, today even students must have it as part of their school kits. In the 1980s, Internet was not popular.

    Today any business which is not registered on the website is not in business. However, it was foolhardy for many dot.com companies that thought that the New Economy revolution would radically change the consumers’ habits within months of the introduction of a new product or service. An example is the telecommunications market, where start-up after start-up promised new technology to bring data, voice and video together. They failed to deliver not because the technology was not ready, but rather the market was not yet ripe. Their debt loads finally killed many of these start-ups.

    To gain competitive edge, you want to position your company in the leading edge. You want to

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