The success of USB technology has faced many challenges during its climb in the last 15 years, however the key to its market acceptance lies with its original goal to solve a basic problem while delivering tangible benefits to both buyers and sellers in the markets it has served.Â Today, with over 10 billion USB devices in circulation, Ajay Bhatt understood from day one that his invention would only succeed if he can convert the market drivers of the very complex technology sector that his concept will reduce suppliers’ costs while solving the basic end user problem of complex connectivity
The “Hollywood” sign is one of those iconic structures that conjures up images of celebrity, fame and the American dream.Â As a symbol of the entertainment industry, the Hollywood sign is recognizable around the world.Â What most people do not realize, is that the sign’s original intent was quite mundane.Â In fact, it was the extraordinary birth and changes of the entertainment industry in the surrounding area that raised the sign to its iconic status as we know it today.
Although the Porsche 911 will celebrate its 50th anniversary in a few months, it definitely doesnâ€™t look its age!Â It is an absolute classic among sports cars and its timeless design never goes out of style. Â In the world of Project Management, the Porsche 911 is certainly a flagship project. Â According to German magazine â€śMotorKlassikâ€ť only 10 prototypes were built prior to its release in September 1963.Â This fact alone, is almost unbelievable, compared to todayâ€™s mass-production manufacturers who can burn through 100s of prototypes before a product launch.
In light of the recent historical space jump from 128,000 feet performed by Austrian dare devil Felix Baumgartner, a feat that lasted approximately 8 minutes, we can’t forget a team of scientists, engineers and aviation experts contributed to the success of this new world record. In the digital age where the historic jump captured the attention of the world, we should not to forget that it took millions of dollars in product development, planning and expertise to successfully accomplish and promote the space jump. Â Felix Baumgartner’s success was facilitated by an entire project team that carefully planned the mission every
Many would agree that the Eiffel Tower can be labelled one of the greatest architectural achievements of all time.Â However, the journey to great projects are typically riddled with many bumps, obstacles and controversy.Â The fact is the Eiffel Tower project was no less immune to this reality.Â From the time of its conception to act as the symbol (and as the archway entrance) to France’s World Fair in 1889 to its transformation as a critical communication tower during the First World War and its iconic design attracting millions of tourists a year, the Eiffel Tower has proven that the
More often than one would expect, when we look at the original inventors of many of history’s great inventions they are marginalized in their association to their inventions.Â Have you ever heard of Ferdinand Verbiest or Otto Lilienthal? Does Karl Benz and the Wright Brothers sound more familiar?Â Although the first two people mentioned are the original inventors of the automobile and airplane respectively, the latter tend to be attributed to these inventions due to their ability to move beyond the inventions themselves and connect to the people who would popularize their use.
Get your Pair of Adidas for $1! Process Improvement in your Projects is about the Journey, not the Destination
In our current global economy consumer products are dropping in price due to the maturity of organizationâ€™s that are schooled in the ability to leverage the best and cheapest resources around the world every point in the manufacturing process.Â Â In recent years we have seen remarkably low priced items seen with the launch of Tataâ€™s Nano car retailed at $1900 and now Adidasâ€™ recent announcement of launching a $1 running shoe aimed at Indiaâ€™s growing population.
Up until the early 20th century the world viewed the automobile as a luxury item built for the elite of society.Â Cars were complicated in their use and required a significant investment that the average person could not afford.Â Then in 1908, Henry Ford introduced the Model T Ford that did not only revolutionize the worldâ€™s perspective on personal transportation for the masses but also re-invented the manufacturing process still applied over 100 years later.Â Although we have seen improvements to his original process, with the development of lean manufacturing, JIT, Six Sigma, Kanban, and others, the core philosophy of
Probably considered by some as one of the most famous hotels in the world, the Waldorf=Astoria Hotel has its roots steeped in catering to the social elite of New York City.Â The history of the Waldorf=Astoria is interesting in that its first incarnation on 5th avenue and 33rd street was a two tower structure, with the first 13-story building built by William Waldorf Astor in 1893 and later connected via a tunnel to a 17-story tower constructed by his cousin John Jacob Astor IV in 1897.Â As the largest hotel in the world at the time, the Waldorf=Astoria would be
Itâ€™s amazing what a small group of people, a web site and access to sensitive information can accomplish in a very short period.Â As we are nearing the end of 2010, the information age has reached new heights placing the media into the hands of savvy internet rebels that have the ability to potentially turn even governments on their heads.Â A great example can be seen with the Wikileaks projects headed by the controversial Julian Assange and his small band of internet mavericks exposing government activities with the help of international sources that hand over confidential documents shedding light on