Value in sweating the 'hard' stuff
Nand Kishore
Head of Technology at SG Analytics, Global Innovation Leader,Fintech, Startup, ex COO, author ( & runs a non-profit)
Do we really need MIT /Stanford / IIT engineers to figure out drivers scheduling/ delivery agent routing /hotel booking? Is that the best allocation of skill capital?
(Whether coding can be considered engineering is a different matter altogether)
The world is full of complex hard problems that urgently need solutions to improve the quality of human life. Getting the right skill resource to work on the right problem is a critical aspect of human endeavor to get better.
Even for a business, tinkering at the edges isn't really where the best minds should work. From a customer impact perspective, this tinkering doesn't add up to much. Trivializing customer /industry pains , means you are 'ignoring' them at your own cost.
Complex hard problems need
Such efforts are surely worthy as they result in quantum impacts to customers lives which in turn elongate a corporate's lifespan.
While an Uber or an instant delivery app certainly makes life a bit more convenient, a non- polluting, smart, continuously learning car has a much bigger impact in an industry and the world. While one may love or hate Tesla, the sheer perseverance to 'engineer' a solution to a complex problem ,changes the industry/world massively ( and gets rewarded accordingly). It also is not so easy to imitate, as many are realising, giving a long term 'moat' to the enterprise.
It is not easy, quick or tactical. And that 's precisely why it matters!
Senior Vice President Marketing at SunTec Business Solutions
1 年Well said Nand Kishore
Data & Analytics Evangelist.
1 年Well said Nand, Solving hard problem is not instant gratification and instant rewarding. I am certain the next wave of enterprineurship will emerge from rural India trying to solve grassroots problem.