Theme: Institution

  • THE SOCIAL CLASSES OF SOFTWARE DEVELOPMENT COMPANIES – Scientific Software desig

    THE SOCIAL CLASSES OF SOFTWARE DEVELOPMENT COMPANIES

    – Scientific Software design and development

    – Operating Systems Design and Development

    – Enterprise Software Product companies

    – Consumer Software Product companies

    – Business Software companies

    – Small Independent software companies

    – Internal Operational software

    – Consulting business operational software.

    – Internal IT staff.

    – Temporary (or long term) staffing.

    – Short term staffing.

    – Independent software consultants.

    – IT independent consultants.

    Varies a bit by company. But basically it’s driven by scarcity.

    (I need to write this list for economists, because it’s pretty funny.)


    Source date (UTC): 2015-04-16 10:07:00 UTC

  • THE WORKPLACE NEEDS, AND YOU NEED, OVERSING Empirical reputations. Oversing cons

    http://charleshughsmith.blogspot.com/2015/04/the-changing-world-of-work-4-signal.htmlWHY THE WORKPLACE NEEDS, AND YOU NEED, OVERSING

    Empirical reputations. Oversing constructs an empirical reputation.


    Source date (UTC): 2015-04-16 03:06:00 UTC

  • COLLEGE CERTIFIED, THEN FILTERED, NOW IT DOESN’T EVEN DO THAT And you want to te

    COLLEGE CERTIFIED, THEN FILTERED, NOW IT DOESN’T EVEN DO THAT

    And you want to tell me that every individual in the academy isn’t influenced by (top academics) or driven by (the remaining academics and the bureaucracy) malincenitves?

    As far as I can tell, a middle class (moral) upbringing, and your work ethic, determine your productivity in the workplace.

    The best universities largely just filter. The remainder are largely diploma mills. And we have now lost the generations that sought to convey 5000 years of western intellectual and cultural development in truth-telling.

    GOOGLE DATA

    –“Google is widely viewed as a bellwether of the new economy. It is noteworthy, then, that Google has found that academic success has little correlation with being productive in the workplace. Lazlo Bock, Senior Vice President of People Operations at Google, made the following comments in an interview published by the New York Times in June 2013:

    -One of the things we’ve seen from all our data crunching is that G.P.A.s (grade point averages) are worthless as criteria for hiring, and test scores are worthless. Google famously used to ask everyone for a transcript and G.P.A.s and test scores, but we don’t anymore. We found that they don’t predict anything. What’s interesting is the proportion of people without any college education at Google has increased over time as well. So we have teams where you have 14 percent of the team made up of people who’ve never gone to college.-

    Signaling an ability to grind through four or five years of institutional coursework is no longer enough; the signaling needed to indicate an ability to create value must be much richer in information density and more persuasive than a factory model diploma.”–


    Source date (UTC): 2015-04-16 03:03:00 UTC

  • THE SUICIDAL BEHAVIOR OF THE ACADEMY –“Google is widely viewed as a bellwether

    THE SUICIDAL BEHAVIOR OF THE ACADEMY

    –“Google is widely viewed as a bellwether of the new economy. It is noteworthy, then,that Google has found that academic success has little correlation with being productive in the workplace. Lazlo Bock, Senior Vice President of People Operations at Google, made the following comments in an interview published by the New York Times in June 2013:

    –One of the things we’ve seen from all our data crunching is that G.P.A.s (grade point averages) are worthless as a criteria for hiring, and test scores are worthless. Google famously used to ask everyone for a transcript and G.P.A.s and test scores, but we don’t anymore. We found that they don’t predict anything. What’s interesting is the proportion of people without any college education at Google has increased over time as well. So we have teams where you have 14 percent of the team made up of people who’ve never gone to college.–

    Signaling an ability to grind though four or five years of institutional coursework is no longer enough; the signaling needed to indicate an ability to create value must be much richer in information density and more persuasive than a factory model diploma.”–


    Source date (UTC): 2015-04-15 23:57:00 UTC

  • OF THE MOST IMPORTANT NEW DISCUSSIONS IN ECONOMICS. I gave a talk to Ascentium s

    http://www.overcomingbias.com/2015/04/firms-are-56-dark-matter.htmlONE OF THE MOST IMPORTANT NEW DISCUSSIONS IN ECONOMICS.

    I gave a talk to Ascentium staff about this trend and how it would effect marketing and advertising in 2009. But it was too far over the horizon for the audience.

    What does this mean for policy. What does it mean for accounting and reporting. What does it mean for brands?

    I was more interested in what it meant for executives and finance and reporting than brands.

    And I think brand people work in much shorter time horizons. So there isn’t advantage to being an early mover as much as moving once the old habits stop working.

    But for the c-level, we work on long horizons. And we must be aware that the government trails us.

    So developing internal management, information and accounting systems that adhere to policy is a death trap.

    Instead we must separate external financial accounting from management accounting. And we should account for and measure our “dark matter”.

    That returns us to measuring brand value.

    As these numbers indicate, that is your MOST IMPORTANT ASSET.

    Culture is you next most important asset.

    Capital will remain free through 2025 at the earliest and under deflationary pressure.

    So IP, culture that attracts talent, and brand loyalty are your only material assets.

    Let the government tax you as if we still lived in the age of telegraph and sail.

    But measure culture, build talent, and measure customer loyalty. And brand value.

    Business norms like cultural norms and policy adapt more slowly than circumstances change.

    Overcoming Bias : Firms Now 5/6 Dark Matter!


    Source date (UTC): 2015-04-07 06:21:00 UTC

  • STATING THE OBVIOUS: WHO TO HIRE FOR MIDDLE MANAGEMENT I advocate project-based

    STATING THE OBVIOUS: WHO TO HIRE FOR MIDDLE MANAGEMENT

    I advocate project-based business organizations (dynamic teams), not department based organizations (bureaucracies). Project organizations produce a market for good behavior internally. Bureaucracies produce a market for bad behavior.

    A departmental manager (a monitor) is always inferior to a project manager(who has concrete objectives in a finite time period.).

    Unfortunately project organization requires constant learning and adaptation, and there are vast portions of the population who must learn by doing – and some very slowly.

    Internal project managers with emphasis on customer service, hire women who have played sports in school.

    External project managers with emphasis on customer service, hire women who have experience in sales, and who are attractive, and know how to employ it.

    External project managers with emphasis on risk mitigation, hire men who have even just a little sports experience, and some sales experience.

    Women without a feminist chip on their shoulders generally improve the work place.

    Gay men without a chip on their shoulders, generally improve the work place as much or more so than women.

    The more I work on propertarianism the more I see humans as a distribution of sense-perception systems that transmit information by voluntary exchanges. And the more useful I see various perceptions, as long as the customer satisfaction, profitability, and individual responsibility take precedence over personal interest.

    Even from someone who was not serious about team sports (wrestling is pretty individualistic), it is obvious that if you do not play some sport or other, you are very likely an incomplete person.

    The military is a man’s best team sport. Football is a decent substitute. You get hurt if people don’t hold up their end. Scoring goals in soccer is not a substitute for being tackled. And in business, and in life, we are all hurt when others don’t hold up their end.


    Source date (UTC): 2015-03-21 03:31:00 UTC

  • “the State should be operated as a profitable corporation governed proportionall

    —“the State should be operated as a profitable corporation governed proportionally by its beneficiaries.”—


    Source date (UTC): 2015-03-14 14:29:00 UTC

  • We have choices: Organize by family. Organize by commerce. Organize by norm and

    We have choices:

    Organize by family. Organize by commerce. Organize by norm and law.

    But organizing by religion, that appears to be a cancerous act of war on organizing by family, organizing by commerce or organizing by norm and law.


    Source date (UTC): 2015-03-06 02:27:00 UTC

  • I SHOULD TALK TO NIAL FERGUSON ABOUT THIS… He’s right about the killer apps, a

    I SHOULD TALK TO NIAL FERGUSON ABOUT THIS…

    He’s right about the killer apps, although rule of law and property are inseparable.

    But the KILLER OPERATING SYSTEM of western exceptionalism is THE HEROISM OF TRUTH TELLING.

    I need to do that video.

    THE OTHER IS MANORIALISM

    The suppression of the breeding of the underclasses.


    Source date (UTC): 2015-03-04 10:26:00 UTC

  • When we attempt to promote Austrian Economics, we could, if we were intelligent,

    When we attempt to promote Austrian Economics, we could, if we were intelligent, state that our interests are merely in developing institutions that facilitate voluntary exchanges, rather than mainstream economics, which attempts to maximize involuntary transfers.

    In other words, we practice moral economics, and mainstream practices immoral economics.

    It does no good whatsoever for advocates of Austrian Econ to make the false claims, or that mainstream does not practice our definition of ‘economics’, nor that their work is unscientific, nor that ours is somehow scientific even though it does not adhere to the warranties of scientific claims. All of these statements are mere verbalisms — they’re deceitful at worst, and merely ignorant at best.


    Source date (UTC): 2015-02-27 06:15:00 UTC