What do the following have in common?…
- Microsoft in the ’90s
- Google in the ’00s
- Amazon in the ’10s
- Atlassian (makers of JIRA, Confluence)
- Uber
- Elon Musk
They all successfully commoditised the supply chain in their domain.
Commoditising the Supply Chain is a simple, yet powerful approach to
disrupt an existing status-quo. Numerous companies have successfully
employed this strategy in various industries/domains.
This talk will briefly go over real-life examples that demonstrate this technique.
We will then discuss how this technique can be applied by individuals
when confronted with seemingly insurmountable challenges in daily life.
How this can be applied to counter bullies at school, learn that new
language, get that promotion at work, and everything in between.
Commoditise the Supply-Chain
and never worry about having to force yourself to do what you don’t want to.
Slides from the talk i gave at BarCamp Bangalore Spring 2019
TL;DR: Model your challenge / problem-scenario as a supply chain.
ReplyDelete1. Identify the actors/entities involved.
2. Identify the "item" in short supply.
3. Commoditise the "item".
Congratulations,
you have found an "out of the box" solution
to your problem.
Recently presented this talk at BarCamp Bangalore Spring 2019.
ReplyDeleteDuring the session, we applied this technique to brainstorm how one could solve the problem of bad public infrastructure (eg. Good Roads) due to corrupt/inefficient public officials n developing regions.
- There is already lot of public and private money (Corporate Social Responsibility) poured into solving infrastructure issues.
- Workforce / Time is also NOT a constraint as there is no lack of expertise in developing basic infrastructure like roads.
Applying the "Commoditise the Supply-Chain" method, 2 potential approaches to this problem that we came up with were:
1. Solve other basic problems first.
As long as people in the region have more pressing concerns that affect them directly, they will not unite behind the cause to improve roadworks to the level of first-world nations.
2. Commoditise decision making.
Currently the people of a region do NOT get to directly decide which individual road they would like improved first. For example, an app on everyone's phones that detects rough-rides / potholes as one rides around everyday, can help people to identify and report/upvote the worse stretches of roads that need to be fixed first.
Here's a nice artice on teh same with a lot of historical titbits on "commoditising one's complement"
ReplyDeletehttps://www.gwern.net/Complement