Steve Jobs Was Deeply Influenced by Clayton Christensen’s “The Innovator’s Dilemma”

(p. 408) Microsoft was willing to license its Windows Media software and digital rights format to other companies, just as it had licensed out its operating system in the 1980s. Jobs, on the other hand, would not license out Apple’s FairPlay to other device makers; it worked only on an iPod. Nor would he allow other online stores to sell songs for use on iPods. A variety of experts said this would eventually cause Apple to lose market share, as it did in the computer wars of the 1980s. “If Apple continues to rely on a proprietary architecture,” the Harvard Business School professor Clayton Christensen told Wired, “the iPod will likely become a niche product.” (Other than in this case, Christensen was one of the world’s most insightful business analysts, and Jobs was deeply (p. 409) influenced by his book The Innovator’s Dilemma.) Bill Gates made the same argument. “There’s nothing unique about music,” he said. “This story has played out on the PC.”

Source:
Isaacson, Walter. Steve Jobs. New York: Simon & Schuster, 2011.

A Well-Researched Case Study on How Mulally Saved Ford

AmericanIconBK2013-01-11.jpg

Source of book image: http://graphics8.nytimes.com/images/2012/04/01/business/01-SHELF/01-SHELF-articleInline.jpg

(p. C12) Tomes by management gurus telling you how to remake your company are a dime a dozen. Well-researched case studies are much rarer. In “American Icon,” Bryce G. Hoffman takes a careful look at how Alan Mulally, recruited from Boeing in 2006, restructured Ford Motor Co. in the midst of the steepest economic downturn since the 1930s. An engineer with no automotive background, Mr. Mulally came into a company on the verge of collapse and brought it back with insistent demands for accountability, information-sharing and tough decisions. Mr. Hoffman, who wrote this book with the company’s cooperation, provides a fascinating and detailed examination of how a dynamic leader brought about change. He makes clear that much of the credit goes to others, not least Don Leclair, then the chief financial officer, who, even before Mr. Mulally’s arrival, was arranging to mortgage everything up to Ford’s blue-oval trademark to amass the $23.6 billion in cash that enabled the company to survive the recession.

For the full review essay, see:
Marc Levinson. “Boardroom Reading of 2012.” The Wall Street Journal (Sat., December 15, 2012): C12.
(Note: the online version of the review essay has the date December 14, 2012.)

The book under review, is:
Hoffman, Bryce G. American Icon: Alan Mulally and the Fight to Save Ford Motor Company. New York: Crown Business, 2012.

Descartes Saw that a Great City Is “an Inventory of the Possible”

(p. 226) Joel Kotkin writes about “The Broken Ladder: The Threat to Upward Mobility in the Global City.” “A great city, wrote Rene Descartes in the 17th Century, represented ‘an inventory of the possible,’ a place where people could create their own futures and lift up their families. In the 21st Century–the first in which the majority of people will live in cities–this unique link between urbanism and upward mobility will become ever more critical.”

Source:
Taylor, Timothy. “Recommendations for Further Reading.” Journal of Economic Perspectives 24, no. 4 (Fall 2010): 219-26.

“Modern Cognitive Capacity Emerged at the Same Time as Modern Anatomy”

SpearTipsPinnaclePointSouthAfrica2012-01-11.jpg

“ARTIFACTS; The excavations have uncovered caches of advanced stone hunting tools, including spear tips and other small blades, or microliths, which suggest that modern Homo sapiens in Africa had a grasp of complex technologies. The research team’s report challenges a Eurocentric theory of modern human development.” [This photo shows spear tips; another photo included with the article showed three small blades (aka microliths).] Source of quoted part of caption and of photo: online version of the NYT article quoted and cited below.

(p. D3) At a rock shelter on a coastal cliff in South Africa, scientists have found an abundance of advanced stone hunting tools with a tale to tell of the evolving mind of early modern humans at least 71,000 years ago.
. . .
“Ninety percent of scientists are comfortable that fully modern humans and human cognition developed in Africa,” Dr. Marean said. “Now they have moved on. The questions are, how much earlier than 71,000 years did these behaviors emerge? Was it an accretionary process, or was it an abrupt event? Did these people have language by this time?”
Like many other archaeologists, Dr. Marean and his team have concentrated their investigations in the caves and rock shelters overlooking the Indian Ocean. In a global ice age beginning 72,000 years ago, many Africans fled the continent’s arid interior, heading for the more benign southern shore. Access to seafood and more plentiful plant and animal resources may have increased populations and encouraged technological advances, Dr. Marean said.
The well-preserved artifacts at Pinnacle Point, collected over a recent 18-month period, led the researchers to conclude that the advanced technologies in Africa “were early and enduring.” Other archaeologists who reached different conclusions may have been misled by the “small sample of excavated sites,” they said.
Richard G. Klein, a paleoanthropologist at Stanford University who has favored a more sudden and recent origin of modern behavior, about 50,000 years ago, questioned the reliability of the dating method for the tools, noting that “there is another team that has already argued for a much longer” time period for the toolmaking culture.
. . .
The hypothesis of earlier African origins of modern human behavior and cognition has been gaining strength over the last decade or two. Two archaeologists, Alison S. Brooks of George Washington University and Sally McBrearty of the University of Connecticut, led the charge with publications of their analysis of increasing evidence of African art and ornamentations expressing a modern cognitive capacity and symbolic thinking.
In a commentary accompanying the Nature report, Dr. McBrearty, who was not involved in the research, wrote that she believed that “modern cognitive capacity emerged at the same time as modern anatomy, and that various aspects of human culture arose gradually” over the course of subsequent millenniums.

For the full story, see:
JOHN NOBLE WILFORD. “Stone Tools Point to Creative Work by Early Humans in Africa.” The New York Times (Tues., November 13, 2012): D3.
(Note: ellipses added.)
(Note: the online version of the story has the date November 12, 2012.)

The research discussed in the passages quoted above, appeared in Nature:
Brown, Kyle S., Curtis W. Marean, Zenobia Jacobs, Benjamin J. Schoville, Simen Oestmo, Erich C. Fisher, Jocelyn Bernatchez, Panagiotis Karkanas, and Thalassa Matthews. “An Early and Enduring Advanced Technology Originating 71,000 Years Ago in South Africa.” Nature 491, no. 7425 (22 November 2012): 590-93.

With iTunes, Apple Leapfrogged CD Burners (a Boat Apple Had Missed)

Is the example sketched below, and in a previous entry, a case of a first mover disadvantage? Or is it simply a case of a lucky or wise bounce-back from a genuine mistake?

(p. 382) . . . [Job’s] angry insistence that the iMac get rid of its tray disk drive and use instead a more elegant slot drive meant that it could not include the first CD burners, which were initially made for the tray format. “We kind of missed the boat on that,” he recalled. “So we needed to catch up real fast.” The mark of an innovative company is not only that it comes up with new ideas first, but also that it knows how to leapfrog when it finds itself behind.

Source:
Isaacson, Walter. Steve Jobs. New York: Simon & Schuster, 2011.
(Note: ellipsis and bracketed “Job’s” added.)

Harvard University Press Dropped Watson’s “The Double Helix” as Too Controversial

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“Partners; James D. Watson, left, with Francis Crick and their model of part of a DNA molecule in 1953. Crick did not like Dr. Watson’s book at first.” Source of caption: print version of the NYT article quoted and cited below. Source of photo: online version of the NYT article quoted and cited below.

(p. D2) Anyone seeking to understand modern biology and genomics could do much worse than start with the discovery of the structure of DNA, on which almost everything else is based. The classic account of the discovery, “The Double Helix,” by James D. Watson, was first published in 1968 and has now been reissued in an annotated and illustrated edition.
. . .
An appendix makes it clear how close “The Double Helix” came to being suppressed. Dr. Watson sent the manuscript to many of the central players, inviting their comments on its accuracy. Harvard University Press had accepted it for publication, but the Harvard authorities came to feel it was too hot a potato and dropped it.
Atheneum Publishers, which picked it up, requested a blander title — previous versions had included “Honest Jim” and “Base Pairs.” The latter — referring to the paired sets of chemical bases that form the steps in the double helix, and by extension to the two discoverers — gave particular offense to Crick, who failed to see why he should be considered base. Atheneum’s lawyers then tried to make the text inoffensive to the many possible litigants.
But Dr. Watson was able to resist many changes. He had cannily persuaded Bragg to write a foreword, and this endorsement from an establishment figure provided sufficient protection for the book to be published. It proceeded to sell more than a million copies.

For the full review, see:
NICHOLAS WADE. “BOOKS ON SCIENCE; Twists in the Tale of the Great DNA Discovery.” The New York Times (Tues., November 13, 2012): D2.
(Note: ellipsis added.)
(Note: the online version of the review has the date November 12, 2012.)

The annotated version of the Watson book is:
Watson, James D. The Annotated and Illustrated Double Helix. New York: Simon & Schuster, 2012.

Solow Testifies on Irrelevance of DSGE Macro Models

In Nobel-prize-winner Robert Solow’s congressional testimony, quoted below, “DSGE” is an abbreviation for “dynamic stochastic general equilibrium.”

(p. 221) Solow argues: “It may be unusual for the Committee to focus on so abstract a question, but it is certainly natural and urgent. Here we are, still near the bottom of a deep and prolonged recession, with the immediate future uncertain, desperately short of jobs, and the approach to macroeconomics that dominates serious thinking, certainly in our elite universities and in many central banks and other influential policy circles, seems to have absolutely nothing to say about the problem. Not only does it (p. 222) offer no guidance or insight, it really seems to have nothing useful to say. . . . Especially when it comes to matters as important as macroeconomics, a mainstream economist like me insists that every proposition must pass the smell test: does this really make sense? I do not think that the currently popular DSGE models pass the smell test.”

Source:
Taylor, Timothy. “Recommendations for Further Reading.” Journal of Economic Perspectives 24, no. 4 (Fall 2010): 219-26.
(Note: ellipsis in original.)

Humans Used Stone-Tipped Spears as Early as a Half Million Years Ago

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“Views of a stone point used for hunting 500,000 years ago.” Source of caption: print version of the NYT article quoted and cited below. Source of photo: online version of the NYT article quoted and cited below.

(p. D3) Human ancestors were using stone-tipped spears to hunt 500,000 years ago, 200,000 years earlier than previously thought.

A new study reports that the stone tips, found in South Africa, were probably once attached to wooden spears and then hurled at animals by hominins of the species Homo heidelbergensis.
Homo heidelbergensis was the last common ancestor of modern humans and Neanderthals, said Jayne Wilkins, an anthropologist at the University of Toronto and the study’s first author. The spears “suggest that the behavioral complexity of these early humans was greater than expected,” she said. Creating a stone-tipped spear would have required attaching stone to wood, handling multiple types of material at once, planning and goal-oriented behavior.

For the full story, see:
SINDYA N. BHANOO. “OBSERVATORY; When Stone Met Stick to Ease Hunters’ Work.” The New York Times (Tues., November 20, 2012): D3.
(Note: the online version of the story has the date November 19, 2012.)

The original Science article is:
Wilkins,  Jayne,  Benjamin J. Schoville,  Kyle S. Brown, and  Michael Chazan. “Evidence for Early Hafted Hunting Technology.” Science 338, no. 6109 (16 November 2012): 942-46.

Apple “Finding a Way to Leapfrog Over Its Competitors”

Isaacson says Jobs wanted two refinements in the iMac. One was new colors. The other is discussed below.
I am not sure what to make of this episode. Is Isaacson suggesting that it was good for Apple that Jobs made a mistake on the type of CD hardware to put in the iMac? That this added constraint “would then force Apple to be imaginative and bold”?
Or is the moral that good people who make a lot of quick decisions, make mistakes, sometimes big mistakes, and that Jobs found a way to bounce back from this one?

(p. 356) There was one other important refinement that Jobs wanted for the iMac: getting rid of that detested CD tray. “I’d seen a slot-load drive on a very high-end Sony stereo,” he said, “so I went to the drive manufacturers and got them to do a slot-load drive for us for the version of the iMac we did nine months later.” Rubinstein tried to argue him out of the change. He predicted that new drives would come along that could burn music onto CDs rather than merely play them, and they would be available in tray form before they were made to work in slots. “If you go to slots, you will always be behind on the technology,” Rubinstein argued.

“I don’t care, that’s what I want,” Jobs snapped back. They were having lunch at a sushi bar in San Francisco, and Jobs insisted that they continue the conversation over a walk. “I want you to do the slot-load drive for me as a personal favor,” Jobs asked. Rubinstein agreed, of course, but he turned out to be right. Panasonic came out with a CD drive that could rip and burn music, and it was available first for computers that had old-fashioned tray loaders. The effects of this (p. 357) would ripple over the next few years: It would cause Apple to be slow in catering to users who wanted to rip and burn their own music, but that would then force
Apple to be imaginative and bold in finding a way to leapfrog over its competitors when Jobs finally realized that he had to get into the music market.

Source:
Isaacson, Walter. Steve Jobs. New York: Simon & Schuster, 2011.

UnCollege Seeks “to Open People’s Minds to a Different Set of Opportunities”

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“Dale J. Stephens, who founded UnCollege.” Source of caption and photo: online version of the WSJ article quoted and cited below.

(p. 1) BENJAMIN GOERING does not look like Facebook’s Mark Zuckerberg, talk like him or inspire the same controversy. But he does apparently think like him.

Two years ago, Mr. Goering was a sophomore at the University of Kansas, studying computer science and philosophy and feeling frustrated in crowded lecture halls where the professors did not even know his name.
“I wanted to make Web experiences,” said Mr. Goering, now 22, and create “tools that make the lives of others better.”
So in the spring of 2010, Mr. Goering took the same leap as Mr. Zuckerberg: he dropped out of college and moved to San Francisco to make his mark. He got a job as a software engineer at a social-software company, Livefyre, run by a college dropout, where the chief technology officer at the time and a lead engineer were also dropouts. None were sheepish about their lack of a diploma. Rather, they were proud of their real-life lessons on the job.
“Education isn’t a four-year program,” Mr. Goering said. “It’s a mind-set.”
The idea that a college diploma is an all-but-mandatory ticket to a successful career is showing fissures. Feeling squeezed by a sagging job market and mounting student debt, a groundswell of university-age heretics are pledging allegiance to new groups like UnCollege, dedicated (p. 16) to “hacking” higher education. Inspired by billionaire role models, and empowered by online college courses, they consider themselves a D.I.Y. vanguard, committed to changing the perception of dropping out from a personal failure to a sensible option, at least for a certain breed of risk-embracing maverick.
Risky? Perhaps. But it worked for the founders of Twitter, Tumblr and a little company known as Apple.
When Mr. Goering was wrestling with his decision, he woke up every morning to a ringtone mash-up that blended electronic tones with snippets of Steve Jobs’s 2005 commencement address at Stanford University, in which he advised, “love what you do,” “don’t settle.” Mr. Goering took that as a sign.
“It’s inspiring that his dropping out basically had no effect, positive or negative, on the work and company and values he could create,” he said of the late Apple co-founder.
In that oft-quoted address, Mr. Jobs called his decision to drop out of Reed College “one of the best decisions I ever made.” Mr. Jobs’s “think different” approach to education (backpacking through India, dining with Hare Krishnas) is portrayed in countless hagiographies as evidence of his iconoclastic genius.
. . .
. . . Dale J. Stephens, [is] the founder of a group called UnCollege that champions “more meaningful” alternatives to college. . . .
. . .
UnCollege advocates a D.I.Y. approach to higher education and spreads the message through informational “hackademic camps.” “Hacking,” in the group’s parlance, can involve any manner of self-directed learning: travel, volunteer work, organizing collaborative learning groups with friends. Students who want to avoid $200,000 in student-loan debt might consider enrolling in a technology boot camp, where you can learn to write code in 8 to 10 weeks for about $10,000, Mr. Stephens said.
THEY can also nourish their minds from a growing menu of Internet classrooms, including the massive open online courses, or MOOCs, which stream classes from elite universities like Princeton. This guerrilla approach hits home with young people who came of age seeking out valuable content free on Napster and BitTorrent.
Mr. Stephens, a dropout from Hendrix College in Arkansas (he later earned a Thiel Fellowship), started UnCollege less than two years ago, and already its Web site attracts 20,000 unique visitors a month. “I get on scale of 10 to 15 e-mails a day from people who say something along lines of, ‘I thought I was the only one out there who thought about education like this, I don’t feel crazy anymore,’ ” he said.
. . .
The goal is not to foment for a mass exodus from the ivy halls, Mr. Stephens said, but to open people’s minds to a different set of opportunities.

For the full story, see:
ALEX WILLIAMS. “The Old College Try? No Way.” The New York Times (Sun., December 2, 2012): 1 & 16.
(Note: ellipses and bracketed “is” were added.)
(Note: the online version of the story has the date November 30, 2012, and has the title “Saying No to College.”)

When Professors “Are Fearful, Hesitant, and Foolish” and When They “Screech, Snarl, and Spit”

(p. 243) “It is hardly possible to take very seriously any of the professoriate all of the time or most of them most of the time. They commonly are fearful, hesitant, and foolish when confronted by complex real issues and aggressive enemies, but they tend to screech, snarl, and spit when they perceive their territory, reputation, and perquisites to be threatened. They can pose as being valiant and principled, but they are inclined to disperse and camouflage themselves upon hearing the first volleys of significant battle.”

Source:
Distinguished UCLA economist William R. Allen from an interview with Daniel B. Klein as quoted in:
Taylor, Timothy. “Recommendations for Further Reading.” Journal of Economic Perspectives 25, no. 1 (Winter 2011): 239-46.

For the full article/interview, see:
Allen, William R. “A Life among the Econ, Particularly at UCLA.” Econ Journal Watch 7, no. 3 (September 2010): 205-34.