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founder of Zappos
Nick Swinmurn
founders of youtube
chad harley, steve chen, jawed karim
founder of amazon
jeff bezos
founder of microsoft
bill gates
who founded google
larry page
founder of yahoo
jerry yang
design thinking
the essential ability to combine empathy, creativity and rationality to meet user needs and drive business success
user experience
how product works in the real world, or how a person feels about using your product
design
can change business, talks benefits not features, doesn't make users think
brand
how customers feel about you
customer empathy map
think and feel, hear, see, say and do, pain, gain
competitive advantage
firm controls a set of exploitable resources that are valuable, rare, imperfectly imitable and nonsubstitutable
overall low cost leadership strategy
best prices in industry
broad differentiation strategy
offers better products than competitors
focused low-cost strategy
lower cost and better products than competitors
focused differentiation strategy
particular buyer segment, differentiation
best-cost provider strategy
good quality products at competitive prices
IS strategy triangle
business, organization, information strategy, o and i rely on b
value chain
purchased supplies and inbound logistics, operations, outbound logistics, sales and marketing, service, all these rely on development, hr management and general admission
five forces model
level of industry competitiveness relies on: rivalry among existing firms, threat of new entrants, bargaining power of buyers, threat of substitute of products, bargaining power of suppliers
sustaining innovation
improves the performance of established products for mainstream customer
disruptive innovation
brings a difference value proposition to the market
precursors to innovation
a core business that in is control, a game plan, resource allocation, disrupt competitors, not customers
testings for disruptive ideas
large enough pop? good enough performance? disruptive to all incumbents?
long tail
innovation for the lower 97% of customers
disintermediation
reduction in the use of intermediaries between producers and consumers
user ex: surface
brings everything together visually
user ex: skeleton
makes structure complete, components
user ex: structure
gives shape to scope, how will website fit together
user ex: scope
transforms strategy into requirements, features
user ex: strategy
where it all begins, what do users want
distribution channels
the path through which products or services get to customers
cinematch
netflix collab filtering

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