Innovation – a profitable business
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Recession and Innovation
With a recession often comes innovation. Second hand stores become profitable, second hand motor dealerships thrive and workers laid off need to learn new skill sets. I’m in the computer industry, not IT. I leave IT for programmers and people making their fortunes out of innovation through the use of data exchange, data banks and communication networks.
I think to a large degree IT is a word used broadly and incorrectly. A person fixing computers is not IT, he is in the repair business. Because the plumber fixed your computer does not put him/her into IT, he/she is still a repairman. The plumber then finds a way to control the geyser so it uses less electricity when the electrical cooker is on, in so averaging out your domestic electricity draw then he becomes an engineer. He uses the information he gets from one house and then applies it to a hundred homes, saving thousands of dollars – now he is becoming innovative. He writes a program to control the current using Kirchoff’s Law, logs the data extracted from these 100 homes and now because he is using the information to his own benefit (or ours) i.e. managing his data I would put him in the IT sector.
The above point is strictly moot because I don’t care what people call themselves – it’s stressed rather that here we have a plumber that uses his current knowledge and subsequent gaining of knowledge in technology to reduce running costs to 100 homes. How many plumbers go to work daily thinking about that exact same scenario – in most cases it’s a pipe dream, he or she has no interest in reducing running costs as long as the home owner pays his bills. Steve Jobs was an extraordinary man yet he had a simple vision – a computer for everyone. Bill Gates had the same vision. IBM didn’t share that vision, although they are still one of the most successful companies around.
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