The Possible Newest Attractive Tech Company: Snapchat

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Recently famous company, Snapchat is going under a fast-paced growing stage. Only 3 years old, this start-up company has already turned down an offer worth millions of dollars and made to the top list of tech companies leaders. Snapchat is an app available for iOs as well as Android, wich allows people send pictures and videos in a determined amount of time, which will disappear after that set time. The company itself has this as its point of difference, making it unique, and by being a tech company that offers an online service to consumers stables its point of parity.

Although not sure of the official reasons for the offer’s rejection, many close sources say it was due to the confidence of Snapchat’s leaders that the business was worth more in the long run than the recent multibillion-dollar proposal. The business should stay focused, and with the merely intention to grow, because as it happened to many other companies in the tech industry, it can disappear or even be substituted by a newer and more creative idea.

Resources:

http://www.nytimes.com/2013/11/14/technology/rejecting-billions-snapchat-expects-a-better-offer.html?ref=business

HP’s Organizational Culture Clash

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Another interesting blog post I came up with is from Yiyin Zhang’s Blog. There she primarily mentions the organizational cultural change at HP. It says that HP’s groupthink is one of the difficulties and constraints it has when merging with any other company. It limits the organizations to merge in an organized and properly ordered way. This has happened lately with different companies HP either merged or acquired, such as Palm, EDS and Compaq.

In order to change this, I agree with Yiyin in the fact that the CEO should handle this cultural resistance properly, making through this way a more stable and in the long run a culture in the organization. It will therefore produce a long-term economic performance according to 2003 Harvard Business School’s study.

HP should be open to a change in culture in spite of its long lasting culture, in order to have a proper organizational culture change. It not happening would continue causing culture problems among organizations, as well as not efficient communication throughout the organization.

Resources:

https://blogs.ubc.ca/yiyinzhang/2013/11/14/the-organizational-cultural-change-at-hp/

Possible Lean Start-up Companies

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As I was going through many blogs, I found a really interesting article about African start-ups. It was in Linda Muhia’s Blog. I must say I do agree with what she mentioned about the struggle of Start-ups in Africa. It is true that although surviving through the odds, the companies should have a more outstanding start-up, being more productive, as well as attractive. It is tough though, but African companies should start implementing new processes that will help them succeed.

One of these processes is the lean start-up, where companies try a numerous amount of times before releasing a product formally and start to earn profits. As well, businesses have to invest money developing many pilot products, getting feedback from the public in general, so the product itself could be exactly what the consumers are looking for. This procedure is more usually done in other countries such as the United States, and it appears to have great impact in growing businesses. I must add that I think that not only African Companies, but companies all over the world should start trying lean Start-up if they are planning to stay in the market in the long run.

Resources:

http://www.theglobeandmail.com/report-on-business/international-business/african-and-mideast-business/african-tech-startups-held-back-by-lower-internet-penetration-scarcity-of-early-stage-capital/article15424220/

Google Offering Information Technologies

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Google has been known as one of the biggest and most outstanding companies for the last few years. It is possibly due to the fact that it is a business with huge information technology which provides many useful tools to the general public. Those tools have different functions which can vary from Google search up to Google translator.

As it was reported on “Bits Blog”, the New York Times’ technology page, Google also offers what is called the Google Books, previously known as Google Book Search. In this article, the author talks about a lawsuit that had been filed against Google. Many authors don’t like now the idea, which seemed appealing some years ago, of scanning their books for having them later on available on the internet. I must say I agree with the Judge for declining the lawsuit against Google, upholding that “Google Book Search” is an outstanding useful tool for each and every Google user. Although authors might be in their right to plead for the availability of their books on the internet, I feel this kind of information technology should be supported by the people in general instead of being opposed to.

 

Resources:

http://bits.blogs.nytimes.com/2013/11/15/daily-report-googles-scanning-of-books-for-search-upheld-by-court/

IKEA’s goal: to be socially and environmentally friendly

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Believe it or not, many global corporations are aiming to be socially as well as environmentally friendly.  Their goal is to provide consumers a wide range of accessible eco-friendly products, being at the same time profitable for the company too. One business that fits this description is IKEA.

It is in its vision to “have a positive impact on the world and be energy and resource independent” according to IKEA’s chief sustainability officer, Steve Howard.  In order to accomplish this, he announced IKEA has a long term financial simultaneously sustainability strategy.  A way of getting this done is by being energy independent, meaning having the capability of generating zero carbon electricity. Also, having access to sustainable raw materials is one of their main objectives.

 

 

All summed up, IKEA has very well stated values, which day by day tries to fully satisfy. They can be achieved by following its strategy of using sustainable raw materials as well as trying to be energy independent during the process of manufacturing its products.

Resources:

http://www.forbes.com/sites/terrywaghorn/2013/04/19/steve-howard-ikea-style-sustainability/

Apple’s Marketing Research Going Wrong

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The wrong questions can quickly bring you to a failure in your whole market research. This is the case that the author says might have happened to Apple. Apple is always in the pursuit of the perfect product for the customer, which might have had Apple’s executives as well as Apple’s marketing managers blinded while testing and producing new products. Furthermore, Apple might have been asking the wrong questions, focusing mainly on the usability of the Iphone, rather than the attractiveness of the product, which eventually gave its competitors a point of difference.

 

For instance, it is demonstrated how a well done market research can ameliorate the company’s marketing  as well as financial structure, by giving it the correct material to work on with. But Apple’s big failure, which has been around all over the years, is thanks to its stubbornness of keeping with the same iphone size, not making it attractive to customers at the first sight. This proves a clear example for future references that a marketing research can be done otherwise.

Resources:

http://www.forbes.com/sites/onmarketing/2013/08/27/iphone-screen-size-apple-may-have-been-asking-the-wrong-market-research-questions/

Tweeting Its Biggest News!

This past September 12, Twitter tweeted it is planning to incorporate the spotlight of the public markets by beginning a process with America´s Securities and Exchange Commission. It is not the first social-media firm going public, following the examples of other companies such as Facebook and LinkdIn. The firm is planning its initial public offering (IPO) of shares in the company to take place next year (2014).

Twitter has many things in its favour. Its 140 characters short text messages are a tool for mass communications all over the world. Moreover, many artists, politicians and activists, among others, have helped giving more popularity to this brand by using it in a daily basis.

In a different aspect, its focus on providing services on smartphones and other gears will benefit them as communication takes place with such devices.

Besides its pros, Twitter still has some cons that investors have to take into consideration when planning to invest in these shares. Twitter has big competitors who have introduced features similar to Twitter´s such as Facebook with its component that allows users to communicate through real-time conversations like those on Twitter.

http://www.economist.com/blogs/schumpeter/2013/09/twitter-s-ipo

Major League Ultimate (MLU) Becomes a Business

 

Ultimate Frisbee is becoming a business. How come that happens? Well it is actually true that lately the USA Ultimate has been trying to professionalize the sport through different ways. One of them is creating different tournaments being broadcasted later on by ESPN.

 

These improvements in the sport’s publicity and professionalism have benefited many small companies. Tushar Singh, one of Ultiapp´s founders, says “people can start making livings as funds are injected at a sponsorship level”. It is totally true, because that is what is happening to his firm, Ultiapps- which is an app that allows coaches willing to track its team players’ performance and that has been used in the Major League Ultimate (MLU), as well as many other ones. It can also be noticed that in the “Five Ultimate”- a small brand that makes the official kit for teams all over the world.

 

http://www.economist.com/news/business/21587256-chucking-frisbee-becoming-serious-sport-and-lucrative-business-ultimate-recognition

 

This is a great opportunity for these companies for being in the mind of the consumers due to the fact that they are the first in the market of this new “professional” sport.

Apple’s Innovative Technology

As it is widely known, Apple is a firm that goes straight to the market, with the advantages of getting data from their consumers, cutting the “middle men”, and increasing their brand value by customizing their products in counted occasions. Its operations team has seen an advantage and changed its processes while taking risks by planning to introduce a new gadget to the market – the iWatch. Thus, it is also in their business plan to release another innovative gear- the iPhone 6, with which they expect to gain more profits by selling it at a higher price by focusing only on a specific target market.

Because it is not in the mind of the Apple team to produce the iWatch in terms of revenue, Gene Munster, analyst with Piper Jaffray, said it is aimed to “demonstrate Apple’s ability to innovate and potentially lead to a more meaningful new product category in wearable tech”.  As this gadget’s price of $350 is not aimed to target a big market, Apple would have about $790 million in profit by selling 7.5 million units in the first year.

 

http://www.forbes.com/sites/connieguglielmo/2013/10/07/catching-up-with-apple-analysts-iwatch-wont-be-a-needle-mover-not-enough-wealthy-people-left-to-buy-iphones-larger-screen-iphone-6-could-lift-shares-to-600/

Banned pet stores in San Diego

There have been many reports showing the abuse animals receive in some retail pet stores. Overcrowded facilities, fecal waste throughout the cages, and starving animals are some of the examples that are proof of the “inhumane” treat those animals are receiving from those retailing pet stores. It is actually an unethical behavior due to the fact that the owners of the pet stores are only looking for their own good (by not spending the necessary time and effort taking care of the animals), and not for the good of, the animals conjunct with their business.

Given these events all over the United States, a nonprofit group called The Companion Animal Protection Society, or CAPS started investigating pet shops and the dog-breeding industry and made some campaigns against it. Later on many other nonprofit organizations followed its example and started campaigns against those animal abuses. Because of the popularity and the certainty, governments from different states began to ban those retail pet stores three years ago. Finally, San Diego (which is now the second largest city in the U.S. to ban the retail pet stores) joined that group of cities and states that will make a change for those animals.

Here´s a link to the article:

http://www.ibtimes.com/pet-shop-bans-san-diego-la-albuquerque-elsewhere-underscore-escalating-war-puppy-mills-commercial