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Business @ the Speed of Thought : Using a…

Business @ the Speed of Thought : Using a Digital Nervous System (1999)

by Bill Gates

Other authors: Collins Hemingway

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9541213,292 (3.03)4



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English (8)  Spanish (2)  French (1)  Italian (1)  All languages (12)
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Performance and Innovation Bill Gates made these 20 predictions in 1999 — and how accurate he was The CEO and chairman of Microsoft shows how technology has become key factor in effectively operating businesses
"Business @ the Speed of Thought."and shows how technology can be used to effectively implement them shows how computer technology can solve business problems emerge vision is to become the "architects of the knowledge economy" focused on Internet has made it easier for anyone learning environments have been gaining increased continuity in their organizations. ( )
  tonynetone | Oct 2, 2018 |
In his new book, Microsoft chairman and CEO Bill Gates discusses how technology can help run businesses better today and how it will transform the nature of business in the near future. Gates stresses the need for managers to view technology not as overhead but as a strategic asset, and offers detailed examples from Microsoft, GM, Dell, and many other successful companies. Companion Web site. ( )
This review has been flagged by multiple users as abuse of the terms of service and is no longer displayed (show).
  InstructorFlip | Jun 2, 2016 |
Gates conducts a detailed tour of Microsoft and other corporate entities working with their own infrastructure. He looks at how computer functions are transforming the nature of "business". The bottom line is that real information -- the data, not just what we think is happening, but the real facts -- can be accessed instantly, distributed broadly, and analyzed for patterns and trends. All businesses, markets, and processes take place in cycles. Software can solve problems, but only if management understands and builds processes around gathering, managing and using information.

The lessons of this book fly in the face of the new "management by banker" that destroyed so many genuine businesses. The Microsoft model is of a constantly improved workforce, but not by slashing payroll. The workforce has actually expanded. [135] While focusing on core competencies and outsourcing everything else, including technical support for its employees, Microsoft has not made the mistake of training employees only to dehire them in a misguided effort to "save costs". In business, old and new, trained employees are not expenses; they are investments. Gates clearly shows that he regards employees as the most valuable asset of a business. This book shows managers how to empower employees with access to real-time real data.

Basically the Bain-Romney model of destroying businesses in order to create short-term benefits for a few bankers is in sharp contrast with this strong competitive information expansion model.

His final words emphasize that theme: "I strongly believe that if companies empower their employees to solve problems and give them potent tools to do this with, they will always be amazed at how much creativity and initiative will blossom forth." ( )
  keylawk | Dec 11, 2013 |
Boooooring ( )
  andres_ferraro | Oct 28, 2009 |
Boooooring ( )
  andres_ferraro | Oct 27, 2009 |
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Author nameRoleType of authorWork?Status
Bill Gatesprimary authorall editionscalculated
Hemingway, Collinssecondary authorall editionsconfirmed
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Business is going to change more in the next ten years than it has in the last fifty.
Y2K Issue Shows Short-Term Software Thinking....This "year 2000" problem stems from a failure of people thirty years ago to think of software as a long-term asset....But shifting the role of technology from a sunk cost to a capital investment will happen only if companies recognize the long-term nature of software investments and choose software platforms and strategies accordingly. [438]
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Amazon.com Amazon.com Review (ISBN 0446525685, Hardcover)

So where do you want to go tomorrow? That's the question Bill Gates tries to answer in Business @ the Speed of Thought. Gates offers a 12-step program for companies wanting to do business in the next millennium. The book's premise: Thanks to technology, the speed of business is accelerating at an ever-increasing rate, and to survive, it must develop an infrastructure--a "digital nervous system"--that allows for the unfettered movement of information inside a company. Gates writes that "The most meaningful way to differentiate your company from your competition ... is to do an outstanding job with information. How you gather, manage, and use information will determine whether you win or lose."

The book is peppered with examples of companies that have already successfully engineered information networks to manage inventory, sales, and customer relationships better. The examples run from Coca-Cola's ability to download sales data from vending machines to Microsoft's own internal practices, such as its reliance on e-mail for company-wide communication and the conversion of most paper processes to digital ones (an assertion that seems somewhat at odds with the now-infamous "by hand on sheets of paper" method of tracking profits that was revealed during Microsoft's antitrust trial).

While Gates breaks no new ground--dozens of authors have been writing about competing on a digital playing field for some time, among them Carl Shapiro and Hal Varian in Information Rules and Patricia Seybold in Customers.com--businesses that want a wakeup call may find this book a ringer. With excerpts in Time magazine, a dedicated Web site, and an all-out media assault, Microsoft is working hard to push Business @ the Speed of Thought into the national dialogue, and for many it will be difficult to see the book as anything but a finely tuned marketing campaign for the forthcoming versions of Windows NT and MS Office. Nevertheless, as Gates has shown time and time again, him, Microsoft, and perhaps even this book you may ignore at your own peril. --Harry C. Edwards

(retrieved from Amazon Thu, 12 Mar 2015 18:13:40 -0400)

(see all 3 descriptions)

Modern visionsary, Bill Gates, reveals how expanding technology is propelling the business world into an exciting new economic era...how every manager can and must stay ahead of the curve, and how integrated information systems can help every organization.… (more)

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