Feeds:
Posts
Comments

Posts Tagged ‘stanford’

kitapI am reading a book called Weird Ideas That Work by Robert I. Sutton. Professor Sutton from Stanford is a unique voice with an urgent message about how to generate and capitalize on new ides.  Since I count myself as an entrepreneurial person, I loved few ideas and want to share them with you. The book has 3 major parts; Why the weird ideas work, the weird ideas and putting the weird ideas to work. I did not like all of the weird ideas in this book and i am a little skeptical about some of them. But, still want to share few of my notes with you. If you are interested in management and innovation, I strongly recommend you to read this book.

Weird Ideas;

1- Hire slow learners

2- Hire people who make you uncomfortable, even those you dislike

3- Hire people you do not need

4- Encourage people to ignore and defy superiors and peers

5- Find some happy people and get them to fight

6- Reward success and failure, punish inaction

7- Decide to do something that you will probably fail, then convince yourself and everyone else that success is certain

8- Think of some ridiculous or impractical things to do, then plan to do them

9- Avoid, distract and bore customers, critics and anyone who just wants to talk about money

10- Dont try to learn anything from people who seems to have solved the problems you face

11- Forget the past, especially your company’s success

I personally did not like the weird idea 3 and 8. But these are for companies where innovation is a way of life. We can not apply these weird ideas in large and established companies. After all, the book is a breakthrough in management thinking, “weird ideas” can help organizations achieve a balance between sustaining performance and fostering new ideas. As a final message; to succeed, you need to be both conventional and weird.

Advertisement

Read Full Post »

For the last 2-3 weeks we had some sort of arguments and conflicts with my class mates at KTH/Stockholm about when and where to use NDAs. Some of them really believe that; if they have a business idea and plan to start-up on it, before talking to a business angel or a venture capital they should sign the NDA. But some others including me, believe that signing a NDA is not really the best way to protect your idea, furthermore it is not that legal to use it in court.

Last week while i was talking with a venture capitalist in Stockholm, i asked the same question to him and he said; “i never sign that kind of papers, you should trust me. What ever you do, i probably have more lawyers then you do.” Another example about this was a professor from KTH who worked for Stanford Univ. in USA and have been very close to silicon valley, she also said the same; “no one sign that kind of papers in silicon valley”.

All in all; i also believe that signing a NDA means nothing and moreover, ideas are just the 3-5% of the whole business, i can find you 10s of ideas everyday but the most important and the difficult part if execution not the idea.

Download Podcast

Read Full Post »