Drucker on Innovation – The Time Lag

“Successful innovations exploit changes that have already happened. They exploit the time lag-in science, often twenty-five or thirty years between the change itself and its perception and acceptance.”

Peter Ferdinand Drucker. Managing in a Time of Great Change (Drucker Library) (p. 20). Kindle Edition.

 

A few minutes ago I was in the Kindle for Mac app and was reviewing text others and myself have highlighted in this book. The quote above jumped out at me.

What changes have recently occurred?

What are the opportunities that the future will present?

Something to think about.

Time With Audible

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The above image shows my listening pattern for audio programming, mostly books, listened to in the Audible app.

As I recall from previous summers, listening time is greatly reduced. During the summer there is much more ongoing interaction with the people I work with making audio programming harder to consume. My expectation is that come September, when I resume mostly working alone, the time I spend with audio programming will return to around 30 hours a month.

Nice Self-Driving Car. But How Much Does It Cost? – Businessweek

Nice Self-Driving Car. But How Much Does It Cost? – Businessweek:

“According to a J.D. Power & Associates (MHFI) survey published in April, 39 percent of people would be interested in owning an autonomous car, but only 21 percent said they’d be interested if it cost them an extra $3,000.”

*The future of self-driving car is not ownership, but time sharing [opinion]. Think of a community with cars spread out and shared amongst members. Pay by the mile with time of day surcharges and discounts. Need to get to work at 8am? Well, if there is a lot of demand at that time, there will be higher prices to get people to switch their non time sensitive activities to a time with lower demand.

Imagine how this could be used as a car pooling device for people driving to the same location. People could be picked up and both parties get a better price for doing so.

Sharing points? Maybe. Perhaps a dashboard and tracker for people…

  • How many miles do I travel alone?
  • How many miles do I travel as part of a carpool?
  • Miles
  • Time
  • What times of day do I need transportation?
  • Could my costs be reduced by choosing different travel times?
  • The Post Office Returns to the Local Store – Businessweek

    The Post Office Returns to the Local Store – Businessweek:

    “Hoping to minimize the inconvenience to customers, the Postal Service is encouraging coffee shops and grocery and hardware stores to provide limited mail services. “

    *Sort of like a store within a store or like a mini mall. One stop shop. This might be like the opposite of Walmart. Go small and offer services the community values in a one stop shop location.