The New Innovation Formula N = 1 And R = G

The Nuance Of N = 1 Is N = 1 the same as mass customization or "the segment of one"? A segment-of-one strategy targets a customer at a time by learning a lot about her--demographics, spending patterns, etc.--but this is still a business-centric view of the consumer. Mass customization allows me, the consumer, to choose from a menu of products, but it's still the company's determination of what I may need. N = 1 changes this business-to-consumer view; it's a consumer-to-business-to-consumer view, if you will.Consumers are joint problem solvers. Are the 6,000 application developers for Facebook part of a "segment of one"? How about bloggers for the New Age of Innovation site? Are they passive recipients of the knowledge in the book, or co-creators of new knowledge? N = 1 is about "personalized, co-creation of experiences"--not mass customization or a customer of one. These nuances are critical


-- C.K. Prahalad





The power of digitization and imagination is enabling this evolution of new business models. It is not about a myopic cost-based argument for outsourcing to the Far East. It's about building clarity on what N = 1 and R = G mean for my business. Managers need to build internal capabilities in their business processes through social and IT architectures to progress in this New Age of Innovation.
-- M.S. Krishnan

Case Study : Tata Motors uses IT to streamline operations, cut costs, and save time in bringing to market its newest automobile, the Tata Nano.

R=G Means Leveraging Your Talent Globally

R=G Means Leveraging Your Talent Globally
I was recently in India and I gave a lot of press interviews. One of the interviews was for a journal called Outlook. There was a photographer taking pictures of me during the interview -- and probably listening to the interview and not focusing on camera angles. He told me this story.
The photographer's name is Soumik Kar. He puts all of his pictures on flickr.com. A Korean company, Dolbeage, is publishing a Korean translation of the most recent book by urban theorist Mike Davis, Planet Of Slums (Verso, 2006). The Korean publishing rights for Planet Of Slums were arranged by Verso of the United Kingdom with the Bestun Korea Agency. The Korean publisher bought a copy of a picture of an Indian slum taken by Soumik Kar.
Now, Soumik Kar doesn't know any of these people, and he did not talk to any of them, either. The entire transaction was on the Web. He got paid promptly and was paid more than he expected (as per his admission). He's happy -- so happy he gave me this example.
Isn't this R=G? He also told me that his site on flickr.com has had, so far, 648,070 visitors. Isn't this global talent leverage?
Have you had such an experience -- a business transaction taking place solely in cybersapce? Are you leveraging your talent globally on the Web?

C.K. Prahalad May 9, 2008 From : http://www.newageofinnovation.com/blog/archives/2008/05/rg_means_levera.html

HTC's new Touch Diamond challenges Apple's iPhone

1) HTC's new Touch Diamond challenges Apple's iPhone

High Tec Computer (HTC), the Taiwanese handset manufacturer, launched its new handset, Touch Diamond in London on 6 May, to be available throughout Europe in June. It is 11.3mm thick, (0.3mm thinner than the iPhone) and has a more responsive screen, making typing much easier. The Diamond allows owners to choose between three different keyboards on the touch screen - the traditional 12-key phone keypad, which has about three letters per key, a 'hybrid QWERTY' - which will be familiar from some BlackBerry devices - and a full keyboard (The Times, 6 May 2008).

Unique features include the ability of the phone’s internet browser to rearrange text on web pages to fit the mobile screen. Some elements of Touch diamond are an improvement on the iPhone including the ability to operate on the fastest 3G networks, a 3.2 megapixel camera - a big advance on the iPhone's 2 megapixels - and GPS, which will be able to accommodate the next generation of so-called 'location-based services' for phones (The Times, 6 May 2008).

The Touch Diamond runs on Microsoft Windows Mobile 6.1 Professional with a touch screen designed for one-handed use. It is the next generation of HTC’s popular Touch smartphone which has sold over 3 million units in the 10 months since its launch. The Touch Diamond updates the series to 3G (third generation mobile telecommunications), beating rival Apple again. Apple has not said when it will launch a 3G iPhone, but industry analysts expect one within the next few months (PC World online, 6 May 2008).

HTC revamped its TouchFlo software to give a 3D effect to screen images and users can access photos, music, messages, use push-e-mail and more on the touch screen. The company also upgraded the Web browser and users can zoom and pan Web sites with one hand. When the device is turned sideways, the view automatically rotates as well (PC World online, 6 May 2008).
Analysts said that the wide support HTC enjoyed with operators meant that the phone was likely to be "very competitively" priced when it went on sale next month.
Orange was not immediately available to respond to a request about pricing (The Times, 6 May 2008).

Look at two Times 100 case studies on companies in the mobile phone market:
Hutchison 3: As a mobile network provide, 3 recognised that 3G was the way forward for market development. It seeks to provide the best network available for mobile phone users, is the market leader in 3G in this country and during 2007 launched a high speed service with a target speed of 1.8 Mbytes per second. 3G is a contempory development which has grown, rapidly in the UK and worldwide.

Vodaphone: This first mobile phone call was made on the Vodafone network in 1985. Vodafone is now one of the largest phone compnaies in the world. it has more than 15 million users in the UK along. The market in which it works is high-tech and is continually changing. New products are needed to keep up with change.

From: Tme 100 online http://www.thetimes100.co.uk/index.php



2) Jonathan Richards > HTC Touch Diamond goes up against the iPhone
http://technology.timesonline.co.uk/tol/news/tech_and_web/article3880444.ece

The new touch-screen handset from HTC is slimmer than Apple's iPhone and runs on the faster 3G network
HTC, the Taiwanese handset manufacturer, has laid down the gauntlet to Apple with a slender new phone that aims to dislodge the iPhone from its position as the pre-eminent touch-screen device.
HTC said that its new handset - called the Touch Diamond - was just 11.3mm thick, giving it a 0.3mm edge on the iPhone, and had a more responsive screen, meaning that typing - traditionally the bugbear of touch-screen phones - was much easier.
It also had several unique features, HTC said, such as the ability of the phone's internet browser to re-arrange text on web pages to fit the mobile screen. Navigation also looks more three-dimensional, although it is not possible to zoom in and out by stroking the screen with two fingers - one of the highlights of the iPhone.
Analysts said the device was a "big step forward for HTC in its attempts to muscle in as a consumer handset brand alongside Nokia and Sony Ericsson, and that some elements of the device were even an improvement on the iPhone.

The Diamond will for instance allow owners to choose between three different keyboards on the touch screen - the traditional 12-key phone keypad, which has about three letters per key, a 'hybrid QWERTY' - which will be familiar from some BlackBerry devices - and a full keyboard.
It also has other features which outclass existing models of the iPhone, including the ability to operate on the fastest 3G networks, a 3.2 megapixel camera - a big advance on the iPhone's 2 megapixels - and GPS, which will be able to accommodate the next generation of so-called 'location-based services' for phones.
The screen, however, is still dwarfed by the iPhone's, being 2.8 inches across the diagonal rather than 3.5.
"The Diamond takes HTC's phones to a much higher and much richer level, and enables direct comparisons with the iPhone," Geoff Blaber, an analyst at CCS Insight, said. "They have done a lot of work on top of the platform to make the user experience more enjoyable, and other phones will start to look very disappointing by comparison."
HTC said the phone would be out on Orange and other European carriers in June, with a release in Asia and the Middle East later in the quarter, and North America towards the end of the year.
"We wanted to create a device that would allow people to walk, chew gum and get content from the internet all at the same time," said Horace Luke, the chief innovations officer at HTC, adding that the phone had been designed to be used wholly with one hand - an indication of the bid to appeal to the consumer market.
HTC has traditionally sold devices to operators - including Orange - who have then rebranded them as their own, but last year it launched itself as consumer brand with its first touch-screen phone. The release of the Diamond suggests that it will take further steps in that direction.
The Touch, which was billed as an 'iPhone killer' when it was released in June last year, has now sold more than three million units in more than 50 countries. Like the Touch, the Diamond is based on Microsoft's Windows Mobile operating system, though HTC has made several changes to the interface.
Analysts said that the wide support HTC enjoyed with operators meant that the phone was likely to be "very competitively" priced when it went on sale next month. Orange was not immediately available to respond to a request about pricing.