Need for Speed… and… Change

Need for Speed… and… Change

Market shifts are happening very quickly. Rapid changes are taking place. The way we work is evolving.

Remember what happened to the once popular Nokia mobile phones? A company needs to research, create, innovate and change to remain relevant. Wait and see approach does not work anymore.

“If you wake up early, you start early,” says my grandpa.

A company needs to continue supporting the current market trends while using the profits to prepare for future market prospects.

I was quite intrigued with Intel’s acquisition of Altera. I had had imagined having a CPU packaged with FPGA. At the time of writing, Intel launched Stratix 10 FPGA by putting in a quad-core 64-bit Cortex-A53 CPU in it.

Facebook Messenger introduced “You Owe Me” payment analysis, which is great. I can imagine doing business with such a service.

Delft University of Technology’s Direct Current (DC) Systems, Energy Conversion & Storage group, presented the first solar-powered wireless charging station for electric bikes.

We hear Multinational Corporations (MNCs) buying over start-ups, software companies etc. Have you wondered why most MNCs do not invest on themselves rather than buying over other companies? 

The younger generation loves new things. Corporations need to get younger people into their workforce to adapt to global trends. 

Recently, Ericsson announced they will hire 1,000 fresh university graduates for R&D. People may think this is a way to reduce costs. But I see it as a way to bring in new ideas and change of mentality.

Change is inevitable. Have a chat with your peers on how your team can improve working methods and generate new ideas for sustainability.   

Pasan Athurugiriya

MBA, BEng(Telecommunications)

8 年

Brilliant write up!

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