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Every byte, every conversation, every emotion, every photo you clicked, every line you typed, every word you said. Imagine if all that could be archived and we could recall nearly every waking moment.
My Life Bytes
When you are dead and gone maybe your descendants will be able to go thorough minute details of your life, your conversations, e-mail exchanges and the pictures and video highlights of your existence. That's the idea behind MyLifeBits, a Microsoft research project that aims to record the essence of a person's life on computer disks. Every photograph snapped, home movie filmed, Web page browsed, e-mail scribbled, phone call made or bill paid. The project, currently underway at Microsoft's Media Presence Research Group, is directed by Gordon Bell, who was instrumental in creating the first commercial minicomputers in the 1960s.
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There will be 13 million WiMAX subscribers in India by 2012 according to Maravedis Research and Tonse Telecom, leaders in broadband wireless research and analysis, who partnered to produce a new research report entitled "India Broadband Wireless and WiMAX Market Analysis and Forecasts 2006-2012." Read more
Minneapolis, United States, Tuesday, June 27, 2006 - Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision management technology, announced today that Mumbai, India-based ICICI Bank has become the first financial institution in Asia to implement Fair Isaac's Strategy Science to enhance business performance in its retail credit portfolio. Read more
The global market for fortified foods and nutritional supplements is heating up, with more and more marketers jumping into the fray. While the Indian market for processed foods has really taken off only in the last decade, Indian manufacturers have had no hesitation in jumping onto the health bandwagon, addressing both the domestic and export markets. Fortified Foods, Supplements and Health Ingredients, are all witnessing tremendous competition parallel to a rise in consumer demand. Read more
Student pilots are taught to rely on their instruments when the
airplane is in the clouds and visibility is impaired. Business
executives and entrepreneurs, on the other hand, often rely on
themselves to make snap judgments and instant changes in strategy.
Then have to live with the positive or negative consequences of their
action. Read more
Student pilots are taught to rely on their instruments when the airplane is in the clouds and visibility is impaired. Business executives and entrepreneurs, on the other hand, often rely on themselves to make snap judgments and instant changes in strategy. Then have to live with the positive or negative consequences of their action.
Maybe the ego gratification or “wild west” nature of entrepreneurism makes people believe they are so bright, so facile, so “on top of their game” that they can exist outside the constraints and discipline of the planning process… and maybe they can, sometimes. But, if one of those decisions goes bad with no plan in place to help the recovery effort, then a cascading series of snap decisions is made with the hope of recovering, often leading to chaos, crisis, and disaster.
Without a plan in place the entrepreneur is like the airplane pilot who can’t see the ground, not knowing which direction the plane is heading, which way is up or down, with ever diminishing chances that the situation will have a happy landing. In flight school the way a pilot is taught to rely on instruments is to cover the windshield to simulate sightless flying, forcing the pilot to use the instruments. In the business world, the same training process would be to simulate a situation where a decision went bad and the decision maker was hit by the proverbial truck, forcing those left behind to recover by using the plan in place.
It is crucial that the decision maker write out a plan before making any major decision. The plan should have listed the objectives or mission of the initiative, where the money will come from to fund it, the people who will execute it, the timeline of execution, and a method of reevaluation if the project is not headed in the right direction. This way everyone knows where you are going and when you expect to get there so, if you get stuck in the clouds, the business is brought safely back to earth instead of crashing and burning. Happy landings!
Larry Galler advises executives, professionals, and businesses to extraordinary achievement. Sign up for his free newsletter at http://www.larrygaller.com. Address questions and comments to larry@larrygaller.com.
By the year 2020 India, China and the US will jointly contribute USD 1 trillion to the global economy, according to a study "Foresight 2020" conducted by the Economist Intelligence Unit (EIU) and sponsored by Cisco Systems. The next fifteen years will see significant outpacing by Asia and particularly the powerhouses of India and China of the rest of the world in gross domestic product (GDP), wages and consuming power. India will contribute 12.2% to global economic growth by 2020. Read more
The tremendous success of micro-electromechanical systems (MEMS) in automotive safety applications has enabled MEMS developers to design devices for the aerospace, defense and consumer electronics markets. Their small size, low cost, minimal power consumption and reliability are driving high-performance electronics into areas they literally did not fit into - until now. Read more
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Farmingdale, NY, United States, Wednesday, June 21, 2006 — Ducon Technologies Inc announced that it has secured an order to supply a Flue Gas desulfurization (FGD) system, utilizing Magnesium Oxide (MgO) reagent for the Huaneng Xindian Power Co.'s 2×250 MW power plant in Shandong province of China. Read more
SAN JOSE, CA - 06/16/2006 — Close to 1,000 technology, biotechnology, pharmaceutical and life science innovators, venture capital firms, government agency representatives and corporate investors will meet in San Jose June 28th and 29th at The Venture Forum's (www.theventureforum.com/) annual event to connect early stage innovators with funding sources. Since its inception 11 years ago, The Venture Forum has facilitated $600 million in venture capital, corporate and government investment, thereby helping innovators move high-value technologies closer to commercialization. Read more
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