Tuesday, January 3, 2012

Happy New Year, and A Blog You Should Read - "A Human Capitalist"

Happy New Year, everyone!

I will admit that I'm having a bit of trouble getting back into the swing of things, both professionally and in the blogosphere - after a week and a half off, I felt like I needed another week and a half off.

I promise I'll get back to the regular blogging grindstone soon (probably tomorrow), but in the meantime, I wanted to share an excellent blog with you, written by one of my fellow students from grad school - "A Human Capitalist." I'm rather ashamed to admit that I just recently stumbled across her blog - my apologies, Sarah, and I'll definitely be following your writing from now on.

She blogs about business, data, development, entrepreneurship, and other interesting, relevant, and important topics. In case you're wondering what perspective she brings to the table, here is an excerpt from the page describing her beliefs:
Business
  • At their best, businesses solve big enough problems that people are willing to pay money to have them solved.  This makes the world better.
  • The best businesses talk to and about their customers all the time.  As a result, they “make things people want.”
  • They also have a point of view about the future and how they will fit into it.  They compete on the attributes that they believe will matter rather than on those on which their competitors compete.
Knowledge
  • Much of human progress and most of human knowledge derives from the quest for good explanations.
  • The two most powerful forces for improving explanations and accumulating knowledge are the scientific method and a low cycle time.  Historically, academia has used the scientific method and business has opted for low cycle time data-based management.  For the first time in history, it is becoming possible to do both.
Data
  • There is no more a substitute for anthropology than there is for knowing, in aggregate, what the big picture looks like.
  • Big, private data sets will become one of the most valuable assets for research in the future.
Ah, data - I'm a fan, since analysis of big data sets is currently paying my bills. But, I've recently started to fantasize about moving to California and getting into venture capital and/or venture philanthropy. Let me know if you decide to make that move, Sarah - I'll go in with you.

1 comment:

  1. Thanks! Reading those beliefs in the third person makes it sound like a manifesto in need of paring back. I enjoy your blog as well.

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