Idea, idea, idea… Now repeat 59 times. Voilà! 59 ideas!
You have heard of the Slashdot effect and maybe the Digg effect (Micro Persuasion has an analysis).
Well you may soon hear a lot about another effect - the StumbleUpon effect.
I’m not the first to coin this term. Sprinj noted the effect a few weeks ago and Steve Finlay noted it as well.
One of my site Free Biz Ware got hit as well yesterday. Take a look.
It has been a long time since I discover idea words.
Today idea word is crowdsourcing. Interesting, let’s break it down a little.
What happened when you create a model that outsource to the crowd? You get Cambrian House and a Wired article.
Wired, it seem, is a furtile ground for coining words. Didn’t the long tail started at Wired as well.
Check out my ideas.
Every self-respecting online entrepreneur should had heard of the Long Tail by now.
No? Head over to Wired and read the story that ignited the idea.
The phase “Long Tail” very nicely and succinctly captures the essence of the idea. Like many coined word it’s catchy - gets people wanting to find out more and talk about it. Once you get the idea, it sticks.
Recent I found myself evangelizing the idea behind the Long Tail. I told friends and associates the concept behind it. The most recent being Anju.
Why am I doing that? Mostly to share idea and to encourage people thinking of starting something themselves. Other times to explain why I do things certain way.
Mainstream education and business thinking almost never think in terms of the Long Tail, yet.
For anyone trying to start something, the Long Tail is worth keeping in mind. It is another manifestation of the great equalizer - the Internet.
In keeping with the mantra of this Web 2.0 and Open Source era, I am aiming to release my theme idea tonight.
I posting this now as an objective.
What am I talking about? Read on
Ran across this word today - Edge Competencies.
What does it mean? I set out to learn more.
In a standard manner I
The term edge competencies is coined as a direct contrast to core competencies.
Here’s my understanding of it.
Core competencies is a oft-heard concept in management consulting and business strategy. In a nutshell, it refers to a set of things that a company do best compared to its competitors. This “set of things” is not easily copied by competitors. The result of which is that the company will gain competitive advantage and differentiate from competitors.
Edge here refers to the edge of the company - which is where the company meets the outside, the customers, the suppliers, the world at large.
The argument of edge competencies is that competitive advantage has shifted from the core of the company (within) to the edge of the company (outside).
So instead of figuring out how to leverage the internal resources, think of the external, the knowledge that is encapsulated in the masses.
Ring a bell? Do you see edge competencies is the essense of Web 2.0? Leveraging on the capabilities outside of the company, mix and mash, tapping into the wisdom of the users.
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