Here is everything you need to know to create your own brilliant tech startup.

Took a good General Assembly class recently taught by Mattan Griffel (@mattangriffel) called ‘Teach Yourself to Code’ — see the slide deck & resources here.

This class, plus the few resources below are all you really need to get started building your own next big thing. Well, you need an idea, but that is up to you.

Here’s what you do:

1. Plow through Mattan’s class slides. That will convince you to start using Ruby on Rails.

2. Use the Ruby on Rails resources he provides. I’ve been learning on Lynda.com, which has been easy to consume while I am on the go.

3. You may want to create your infrastructure using Amazon Web Services.

4. Integrate design considerations into your earliest thinking.

5. You’ll probably need some startup capital.

6. You’ll need some ongoing encouragement (@Addictd2Success) and wisdom (@davidblerner).

7. Consider whether you should do this. (You probably should.)

8. Get your checklist together, and start executing.

So there you go — you have an idea for a great tech startup — not another vapid Silicon-Valley-style startup


but a real value adding idea. Think you cannot build it yourself? Actually, you probably can. At least, you can get started.

Let me know how it goes — find me on LinkedIn, Twitter, or email.

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Forces Shaping Strategy in the Higher Education Industry

Mission of National University of SingaporeIt being January, the blogosphere and twitterverse are rife with posts with predictions of what will be happening in higher education over the next year. This is not exactly one of those posts. Rather, I hope to outline a few forces that are currently exerting themselves on those who craft strategy in the higher education industry (and, just as importantly, on those who choose not to craft strategy).

1. Accessibility of massive datasets
The emergence of ‘big data’ has brought us more than a buzzword and a slew of vendors offering to solve our new ‘problem.’ The massive datasets that are being compiled almost passively at our institutions provide a new opportunity for insight. As networked sensors and data systems work 24 hours a day to collect card swipes, registration transactions, video images, authentication events, and clicks of all kinds we should be defining the indicators that should attract our attention. Except many of us are not. Now that we have the data and tools to sift through it, we need to have better plans to put it to good use. The Chronicle had a couple of good stories this last year in their ‘Moneyball Approach’ articles part one and part two. (Also take a look at some dynamite research out of Harvard into data analysis of large data sets.)

2. Enabling of radical mobility
You do not need to look very far or very long to see universities taking advantage of our shrinking and increasingly accessible globe. One of the many recent examples is a joint management degree program arrangement between Yale, Insead, and the National University of Singapore (NUS). (Note the photo in the post — it is one that I took recently while at NUS of their vision & mission, posted in a basement hallway, lest anyone forget it.) These programs are likely to produce a different kind of graduate viewing the world in a different way than any of us who have come through universities in the past. An interesting perspective on what happens when young people — in this case soldiers — move around the globe so quickly and often comes from a talk by former Vice-Chairman of the Joint Chiefs of Staff of the US military, General James Cartwright at the Johns Hopkins University. He maintains that this radical mobility blurs the distinction those engaged in it see between countries and cultures.

3. Hyperinterconnectivity
That we are increasingly connected to one another at all times and are each amassing huge social and professional networks is well known. One glance at Facebook’s statistics page will tell you that story. Less well understood is that lasting impact that will have on higher education (and on society as a whole for that matter). A bit of research on Facebook networks this past year suggests that the famous ‘six degrees of separation’ is now down to four degrees. One practical application of this kind of hyperinterconnectivity is that it should help our students get jobs, as we read this year on the HBR blog. What kind of impact will that have on career centers? on alumni networks?

4. The three business models
Strategy hits the big time when Clayton Christensen starts to analyze your industry. As Johns Hopkins University Provost Lloyd Minor summarized recently, Christensen and his colleagues found in higher education “three fundamentally different and incompatible business models all housed within the same organization. Each of the three is trying to achieve three different goals—one part is research, one part is teaching, and the third part is practice, including caring for patients and solving practical problems.” Now institutions of higher education are all asking themselves the hackneyed but critically important question “what business are we in?” (Also note that I will be introducing one of Christensen’s co-authors of Disrupting College, Michael Horn, as the keynote speaker at this year’s Executive Forum at the annual Alliance conference.)

5. Occupying the emerging freemium model
Speaking of business models, higher education is increasingly embracing a freemium model, most recently and famously announced by Stanford (see Stanford Engineering Everywhere) and MIT (see MITx). Of course this is not new, not even for MIT which has given their course materials away for free for a long time. Certainly students are looking for alternatives to traditional educational models, in large part due to the crushing economics of it all, which was one theme of the recent occupy movement here in the US.

6. Increased university-industry ecosystem creation
Commercial ventures spinning out of or flocking to the intellectually dense environments created by universities is nothing new (Silicon Valley, the Golden Triangle, Research Triangle, Route 128 corridor all come quickly to mind). What is changing is the funding model. As public investment in research regrettably goes down, universities will be required to seek funding elsewhere. Nobel laureate and Johns Hopkins University professor Carol Greider highlighted some of the alarming implications of this trend recently. Remember how hot-and-heavy the competition was recently to land the Silicon Alley deal that New York City offered. Cornell edges out Stanford (dramatically) in the end. The stakes will be higher for universities and for their industry partners as public funding continues to wither.

These are the forces I’ve seen out there. They are among the key factors changing the way institutions understand customers (across the 3 business models), manage costs, and ultimately compete in a currently unstable environment. Find the comments and let us know what you’ve seen and what you think.

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What would you do to shape the global future?

What are the challenges and opportunities of the 21st century? What are the characteristics of the next generation of global leaders? What would you do to shape the global future?

These are from a set of heady questions posed to me recently in a nomination form for a global leadership program. I’ve been well-prepared to be asked — and to answer — these kinds of questions because I recently completed the inaugural Carey Emerging Leaders Program at the Johns Hopkins Carey Business School.

As for the the challenges and opportunities of the 21st century, we may want to consider a recent book called The Next 100 Years by George Friedman. In his introduction he points out an important demographic forecast for the 21st century:

“the single most important fact of the twenty- first century: [will be] the end of the population explosion. By 2050, advanced industrial countries will be losing population at a dramatic rate. By 2100, even the most underdeveloped countries will have reached birthrates that will stabilize their populations. The entire global system has been built since 1750 on the expectation of continually expanding populations. More workers, more consumers, more soldiers—this was always the expectation. In the twenty- first century, however, that will cease to be true. The entire system of production will shift. The shift will force the world into a greater dependence on technology—particularly robots that will substitute for human labor, and intensified genetic research (not so much for the purpose of extending life but to make people productive longer).”

(If that last bit seems a little far-fetched, consider a recent article in the New York Times describing “drones in development [at the Wright-Patterson Air Force Base in Ohio that are] designed to replicate the flight mechanics of moths, hawks and other inhabitants of the natural world.” )

The Impact on the Higher Education and Research Industry

It is worth thinking through how this demographic shift will impact the higher education and research industry. Combine the forecast above with recent remarks made by Johns Hopkins University Provost Lloyd B. Minor:

“Clayton Christensen is a Harvard Business School professor and author of The Innovator’s Dilemma. Christensen and colleagues have just released a study predicting that new models of instruction are going to reshape the landscape of higher education in the coming decades. They see online education as an emerging disruptive innovation that will dramatically improve both the quality and affordability of instruction.”

That last piece — the quality, the affordability, and the accessibility of higher education (and the earlier education preparing students for higher education) — will be a crucial problem for the next generation of global leaders to solve. Provost Minor continues:

“They looked at higher education and this is what they found: three fundamentally different and incompatible business models all housed within the same organization. Each of the three is trying to achieve three different goals—one part is research, one part is teaching, and the third part is practice, including caring for patients and solving practical problems.”

The three-part business model of the modern research university, while unwieldy at times, is the key to its success in solving big problems. The research mission of the modern university develops the technology required for the continued progress of everything from health care to the military to environmental science. The teaching mission of the modern university shapes the intellect and productive capacity of future generations. The practice mission brings quality and performance to the world (you need no further proof of this than to be treated at a top teaching hospital . . . then to be treated at a Minute Clinic).

Provost Minor ends on a wonderfully inspiring note for the next generation of leaders in the higher education and research industry:

” . . . when I think about the challenges our universities will be asked to address in the next two decades, certain overarching topics and themes emerge. These are the big challenges, such as sustainable energy and the environment; the global water crisis; the promise of individualized health; the challenge of an urbanizing world.

At 30,000 feet, two things become evident. First, these are immensely complex and challenging problems that will not be resolved with a simple solution or a silver bullet. And second, it is the modern research university that is uniquely equipped to grapple with these challenges and find viable solutions.”

That last line is truly inspiring. When attending cross-industry conferences, I always find it remarkable how enthusiastic higher education and research professionals are — much more so than professionals from other industries, based on my observation. Why is that? Why are we so enthusiastic about solving big problems? One reason is that we have been at it a long time — much longer than many other successful enterprises.

Take, for example, the top 20 Fortune 500 companies. Their average age is 106.9 years. These 20 companies have a combined 2,138 years — two millennia! — of experience. That is a long time in the business world. Many of these companies trace their lineage back over several mergers and acquisitions to historic companies. The oldest is Citigroup at 199 years; founded as City Bank of New York in 1812.

Compare that to the higher education and research industry. The average age of the Top 20 global universities is 248.5 — well over twice that of the top 20 Fortune 500 companies. These universities have a combined 4,971 years of experience! The oldest is the University of Oxford at 915 years old, founded in 1096. The first scholars at Oxford were very likely alive during the Battle of Hastings!

So, back to the original questions.

What are the challenges and opportunities of the 21st century? They are many, but I will be focusing my efforts on those challenges facing the higher education and research industry: affordable and accessible instruction, game-changing scientific research, and high quality professional practice. The obstacles in the way of success in those areas will be my targets.

What are the characteristics of the next generation of global leaders? Next generation leaders in our industry will see big problems as solvable, see small problems as manageable, see their responsibility to help solve both, and see success as inevitable.

The last question I leave open to all of us. What would you do to shape the global future?

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World Trade Center One Rising

world trade center oneThe other day I drove down Broadway into lower Manhattan, looped around by Battery Park, and headed back uptown on West Street. While waiting at a light, I looked up and snapped this photo of World Trade Center One, rising up steadily into the New York skyline. Rudyard Kipling’s words came to mind as I looked up –

“If you can . . .
. . . watch the things you gave your life to, broken,
And stoop and build ’em up with worn-out tools;
. . .
Yours is the Earth and everything that’s in it”

It was a quiet moment that I’ll remember for a long time. You can track the progress of WTC 1 all the way up to 1,776 feet at www.wtc.com and at www.wtcprogress.com.

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Where wilt thou lead me?

There was an article in the Wall Street Journal’s Business School Bulletin this week about a leadership course offered at Columbia University’s Business School based on the plays of Shakespeare. Having spent my undergraduate years as an English major (focusing mostly on Renaissance and Baroque English Literature) and my graduate years as an MBA student, I found this to be a logical course. But how rare is that? In business, quite rare. Kudos to Columbia!

From the WSJ:

Columbia Takes a Lesson From Shakespeare

Columbia Business School’s Executive Education program is taking a dramatic turn, as the school introduces a course on leadership through Shakespeare

 

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Executive Suite: Google’s Eric Schmidt on Making it Happen, Smartly

We took a few minutes today to watch a great set of video clips featuring Google’s executive chairman Eric Schmidt. In a great one-liner near and dear to my heart: “you need a certain amount of discord in your meetings. If you just have discord, well then you have a university.” Good stuff.

Another great string of commentary comes when he talks about a few things that are “obvious” that could be done using Google-like technology and applications. On reforming education, he talks about education in the US being designed “for the benefits of adults, not children.” Not sure we completely agree on education.

It occurred to me while listening to Schmidt that he seems confident that most problems can be solved by technology. That is cool, but I wonder if it is complete. I am reading The Next 100 Years right now, and in it George Friedman discusses the pragmatism on the American mind — so pragmatic that it limits itself to the useful and occasionally misses the reflective. Schmidt seems to embody that pragmatism at times.

It is worth the few minutes to check it out. The video was created by McKinsey Global Institute and can be found here.

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Leadership in Information Technology: a Wall Street Journal Special Report

The Wall Street Journal has published a reasonably good report called Leadership in Information Technology. The intended audience is business leaders who perhaps are not yet aware of the true cost/benefit and business value of information technology. While that is plainly obvious to some — perhaps most — there are still plenty of business leaders who need to get smarter about IT. While one report in the Journal will not accomplish that, it is a good step in that direction.

The report has a few practical advice articles, including “Four Questions Every CEO Should Ask About IT” and “What Makes a Company Good at IT?” It includes some articles pointing executives to more information, including a reading list in “Making Sense of It All: Knowledge From Information.” Kudos for including The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb, a book everyone should read a couple of times.

The report of course includes some articles that are not so great, most centered around popular topics in IT, including “So You Want To Use Your iPhone for Work?” and “Tapping Into Social-Media Smarts.” Certainly not bad articles, just a bit too focused on buzztopics and operational issues.

Overall, it is worth executives inside and outside IT to take a few minutes to read the report. Much more importantly, they should all take a few minutes over a long lunch to discuss how IT is enabling their organization — or how it could be. The last word belongs to the WSJ editors: “Few things are as crucial to a company’s success in our digital economy as being knowledgeable about IT. So when company executives themselves admit to not measuring up, something is clearly wrong with this picture.”

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