Peter Thiel gives 20 under-20 $100,000 to drop out of college Paypal co-founder Peter Thiel is paying 20 of the brightest minds to drop out of college. He selected 24 students under the age of 20 to receive $100,000 to get business ideas off the ground instead of sitting in a classroom. Thiel, 44, has been his fortune from ventures like Paypal and Facebook. Read more... Laura Deming at 17 is the youngest Fellow.
Patent A patent (/ˈpætənt/ or /ˈpeɪtənt/) is a set of exclusive rights granted by a sovereign state to an inventor or assignee for a limited period of time in exchange for detailed public disclosure of an invention. An invention is a solution to a specific technological problem and is a product or a process.[1]:17 Patents are a form of intellectual property. Under the World Trade Organization's (WTO) Agreement on Trade-Related Aspects of Intellectual Property Rights, patents should be available in WTO member states for any invention, in all fields of technology,[3] and the term of protection available should be a minimum of twenty years.[4] Nevertheless, there are variations on what is patentable subject matter from country to country. Definition[edit] The word patent originates from the Latin patere, which means "to lay open" (i.e., to make available for public inspection). History[edit] U.S. patents granted, 1790–2010.[11] Law[edit] Effects[edit] Enforcement[edit] Ownership[edit]
Robert Scoble - Google+ - Zaarly's founder is someone every entrepreneur should meet… Zaarly's founder is someone every entrepreneur should meet (and the service is awesome too!) +Bo Fishback CEO and founder of +Zaarly , is one of the most impressive entrepreneurs I've ever met. Listen to his pitch, passion, and strategy. Zaarly is altering the way people outsource simple errands and tasks. In March 2011 during SXSWi in Austin, Texas, Zaarly was beta-tested and introduced nationally in early May of the same year. "Zaarly is a hyper-local marketplace that is driven by buyers. With Zaarly, you can ask for anything and get offers from local people you trust. Six Sigma The common Six Sigma symbol Six Sigma is a set of techniques and tools for process improvement. It was developed by Motorola in 1986.[1][2] Jack Welch made it central to his business strategy at General Electric in 1995.[3] Today, it is used in many industrial sectors.[4] Six Sigma seeks to improve the quality of process outputs by identifying and removing the causes of defects (errors) and minimizing variability in manufacturing and business processes. It uses a set of quality management methods, mainly empirical, statistical methods, and creates a special infrastructure of people within the organization ("Champions", "Black Belts", "Green Belts", "Yellow Belts", etc.) who are experts in these methods. The term Six Sigma originated from terminology associated with manufacturing, specifically terms associated with statistical modeling of manufacturing processes. Doctrine[edit] Six Sigma doctrine asserts that: "Six Sigma" was registered June 11, 1991 as U.S. Methodologies[edit] DMAIC[edit]
MIT Sloan Management Review - The New Business of Innovation Ishikawa diagram Ishikawa diagrams (also called fishbone diagrams, herringbone diagrams, cause-and-effect diagrams, or Fishikawa) are causal diagrams created by Kaoru Ishikawa (1968) that show the causes of a specific event.[1][2] Common uses of the Ishikawa diagram are product design and quality defect prevention, to identify potential factors causing an overall effect. Each cause or reason for imperfection is a source of variation. Causes are usually grouped into major categories to identify these sources of variation. Overview[edit] Ishikawa diagram, in fishbone shape, showing factors of Equipment, Process, People, Materials, Environment and Management, all affecting the overall problem. Ishikawa diagrams were popularized by Kaoru Ishikawa[3] in the 1960s, who pioneered quality management processes in the Kawasaki shipyards, and in the process became one of the founding fathers of modern management. Causes[edit] Causes in the diagram are often categorized, such as to the 6 M's, described below.
Dicas de empreendedorismo - Saia do Lugar Customer lifetime value In marketing, customer lifetime value (CLV) (or often CLTV), lifetime customer value (LCV), or user lifetime value (LTV) is a prediction of the net profit attributed to the entire future relationship with a customer. The prediction model can have varying levels of sophistication and accuracy, ranging from a crude heuristic to the use of complex predictive analytics techniques. One of the first accounts of the term Customer Lifetime Value is in the 1988 book Database Marketing, which includes detailed worked examples.[2] Purpose[edit] The purpose of the customer lifetime value metric is to assess the financial value of each customer. Customer lifetime value (CLV): The present value of the future cash flows attributed to the customer during his/her entire relationship with the company.[1] Present value is the discounted sum of future cash flows: each future cash flow is multiplied by a carefully selected number less than one, before being added together. Construction[edit] Methodology[edit]
Kauffman Foundation | undefined This innovative program empowers community colleges to support high-growth tech startups and entrepreneurs in their communities with seed-stage capital, high-impact mentorship, educational resources, and access to important networks. Visit Site Online interview, video series featuring personal lessons and insights from accomplished entrepreneurs, including tips, anecdotes, and personal characteristics. Visit Site Created by Make magazine, it’s the premier event for grassroots American innovation, celebrating arts, crafts, engineering, food, music, science, and technology. A worldwide network of volunteer curators creating a comprehensive database of local startup companies and entrepreneurs. Systems thinking Impression of systems thinking about society[1] A system is composed of interrelated parts or components (structures) that cooperate in processes (behavior). Natural systems include biological entities, ocean currents, the climate, the solar system and ecosystems. Designed systems include airplanes, software systems, technologies and machines of all kinds, government agencies and business systems. Systems Thinking has at least some roots in the General System Theory that was advanced by Ludwig von Bertalanffy in the 1940s and furthered by Ross Ashby in the 1950s. Systems thinking has been applied to problem solving, by viewing "problems" as parts of an overall system, rather than reacting to specific parts, outcomes or events and potentially contributing to further development of unintended consequences. Systems science thinking attempts to illustrate how small catalytic events that are separated by distance and time can be the cause of significant changes in complex systems.
Memo to CEOs: Stop Blathering About Innovation and Do Something I have come to realize how much time is wasted teaching managers about the practical skills of innovation. It is the chief executive officer that needs the lesson. Everything else that is central to reaping the fruits of innovation emerges from this simple observation. It is a truth that is masked in rhetoric. It is impossible to find a CEO who does not speak the words of innovation. I often hear: “Innovation is the lifeblood of our business” or “We need to innovate to grow.” My colleagues and I did a survey of 87 U.S. product and service companies. Here are a few of the things we found. An innovation strategy counts. Focusing on high-risk—but higher-return—innovations matters. Innovation leadership is central to success. The CEO must be the innovation leader. The reasons we heard for the failure of new products or services include poor planning and execution, lack of understanding of market needs, and lack of internal support. Finally, words matter.
Agile software development Agile software development is a set of principles for software development in which requirements and solutions evolve through collaboration between self-organizing,[1] cross-functional teams. It promotes adaptive planning, evolutionary development, early delivery, and continuous improvement, and it encourages rapid and flexible response to change.[2] Agile itself has never defined any specific methods to achieve this, but many have grown up as a result and have been recognized as being 'Agile'. The Manifesto for Agile Software Development,[3] also known as the Agile Manifesto, was first proclaimed in 2001, after "agile methodology" was originally introduced in the late 1980s and early 1990s. The manifesto came out of the DSDM Consortium in 1994, although its roots go back to the mid 1980s at DuPont and texts by James Martin[4] and James Kerr et al.[5] History[edit] Incremental software development methods trace back to 1957.[6] In 1974, E. The Agile Manifesto[edit] Agile principles[edit]
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