erichami, youtube.com

Authors@Google: “So good they can’t ignore you” - Cal Newport tells why Steve Jobs’ advice to students (follow your passion) was wrong and that one should concentrate on building the rare skills that can later be traded for the lifestyle one wants.

jeffreyhorner:

In A Capitalist’s Dilemma, Whoever Wins on Tuesday, Clayton Christensen lays out three kinds of innovations through which an industry cycles:

• Empowering Innovations - those that offer products and services to a new customer base. The classic empowering (or disruptive) innovation is Ford Motor Company’s introduction of the low-cost Model T coupled with the ability of Ford’s own workers to afford such a car. 
• Sustaining Innovations - those that improve on the value of current products and services by replacing them with newer and better ones. Christensen offers the hybrid Toyota Prius as an example
• Efficiency Innovations - those that reduce the cost of making and distributing current products and services, such as steel minimills and low cost car insurance like Geico.

http://jeffreyhorner.tumblr.com/post/35782252672/innovation-in-statistical-computing