The true origin of the Internet…………..#innovation

nixonIn July 1969 President Richard Nixon &  CIA director Richard Helms paid a secret visit to UCLA for a meeting with Head of Computational Studies Walther Fuchs.

It was after dark and Nixon & Helms were smuggled in a rear fire exit. Both were disguised and wore false beards and glasses in case they were spotted by some inquisitive student working late on her dissertation.

In the study of Fuchs  the 3 relaxed with Havana cigars and Hennessy Cognac. The study was lit by moonlight filtering through the thick drape curtains & a single green reading lamp on the worn teak desk.

The walls were lined with antique leather bound books and a few more modern tomes with titles like “packet mode switching” and “The fundamentals of Electricity”

Nixon exhaled slowly, blowing a couple of smoke rings before taking a large sip on his Cognac.

Helms eyes moved around the room constantly as if searching for something elusive.

Nixon – “Walter, we need your help & what you do must remain absolutely secret, you can’t even tell your Mother”

Fuchs – “Of course, anything for my Country Sir”

Helms – “we want you to develop a system which we can use to capture peoples communications”

Nixon – “….it should appear entirely voluntary, so that they divulge their innermost secrets at will”

Helms – “It will develop over time with more & more people becoming increasingly interconnected…..”

Nixon – “if you help us we will invest billions of dollars here at UCLA & develop a whole new industry to support it’s growth….”

Helms – “we will use it to fight International Crime & to defeat the Commies…”

Fuchs – ” there……there is something I’m working on it’s called ARPANET”

Helms – “sounds good but why don’t we call it the International Net……..or INTERNET..”

Nixon exhaled and blew smoke rings across the room.

Our New Year hopes for 2013

2012 has been a pretty miserable year with freakish weather on both sides of the Atlantic, in the U.K  the highest rainfall since records began saw people washed out of house and home and businesses ruined. In the USA Hurricane Sandy battered the East Coast and several lives were lost, homes ruined & businesses destroyed.

Scandal followed scandal in the world of banking, PPI miss-selling, Libor fixing, Rogue traders etc etc

As austerity measures bite, wages decline & the economy bumps along the bottom like a flat baloon.

OK, so that was 2012, what do we want from 2013:-

  • Less emphasis on GDP and more on sustainability. The current system based on mass consumption, Consumerism & unsustainable growth fed by mountains of debt is bust ! We need to replace it with a more responsible, ecologically sound system based on managing the worlds scarce resources more effectively and equitably.
  • We need to take environmental change seriously. Whether there is a direct link between recent extreme weather & man made global warming is up for debate but there is irrefutable Scientific evidence that carbon dioxide emissions are having a direct impact on average global temperature. The long term consequences could be cataclysmic.
  • More People Power – the disaffection with the banks has led to huge defection to “community” banks like the Co-operative bank. Long may this continue. We are the mass consumers and we can have a massive impact by promoting ethical business practice & behavior.
  • Reduce our thirst for Oil – despite most of the Western world being in  recession (or near) the price of Oil remains stubbornly around $100 a barrel. There are a number of factors at work here but there is little doubt we have reached “peak oil” where future supplies will gradually decline and the price rise. We need to break the cycle by urgently seeking alternative energy sources AND reducing consumption. The Automotive industry has made great strides in recent years but nowhere near enough. Much more Innovation is needed in this area.
  • A flatter playing field – whilst workers real wages & salaries have reduced year after year the income of Senior Management & Board members has continued to rise. The gap between rich & poor gets larger every year. This defies rational thought. It is up to us to change things by greater political action, workers representatives on company boards, greater shareholder influence on remuneration committees etc etc. There is NOTHING inevitable about allowing this obscene poverty gap to continue increasing.

So there are some of our wishes for 2013. Whether they come true is up to me and you. All the best.
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2000 riot over Apple’s iphone

2000 people rioted today, at least 40 people were injured & thousands of police were called to quell the upsurge. This wasn’t on the High St but at Apple’s main manufacturing site, Foxconn, in China.

Whilst Apple disciples queued at Western Apple stores to purchase the latest iconic product workers on the other side of the world were embroiled in a mass brawl.

This isn’t the first time Foxconn has been involved in controversy – there was massive concern over a number of workers suicides allegedly related to the companies working conditions.

Companies need to chose their outsource partners with great care, the repercussions could be more than financial.

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Unemployment – #Innovation is the answer #pmot

UnemployedIn the U.K today we slumped to another level of misery with unemployment hitting 2.57 million, the highest for 17 years. What a tragedy especially for our youth with levels above 21% for 16 – 24 year olds.

So what’s the answer – there is no magic solution to the world economic crises but how about some of the following:-

  • less focus on “the markets”, our repeated emphasis on stock indices performance has led to short terminism in the extreme.
  • Stop bailing out failing financial institutions. Trillions of pounds of taxpayers money on both sides of the Atlantic has been thrown away propping up banks which have made disastrous risky investments at our expense.
  • Using the money saved from the above embark on a major series of public works, transport, housing, digital technology and green energy solutions should be at the forefront.
  • Set up a state bank to invest in small businesses. Small Businesses employ around 60% of the private sector workforce & are desperate for funds to enable growth.
  • Set up more Technology parks. Cambridge is a fantastic example of how successful this strategy has been over the last 20 years.
  • Encourage start-ups in the North by offering financial incentives to do so. Far too much of our industry is currently situated in the overcrowded South East. There is a wealth of untapped talent in the North which is currently going to waste & plenty brownfield sites to build on. The developments at Salford Quays including Media City is a great example of what can be done when there is a will to do it.

These are just some ideas how we can stimulate the economy by investing in Innovation & Technology instead of continuing to bail out banks  pouring more valuable resources down the drain.
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Casino Capitalism….#pmot…#biz..#innovation

traderWe have seen trillions wiped off stock markets worldwide, the FTSE 100 has lost over 10% of it’s value in the last week alone & our TV screens have been filled with hysterical traders and concerned politicians.

So does it really matter, in the long term probably not, but if you were planning on retiring soon and have an equities based pension scheme you may well have to think about postponing your retirement.

The markets have become the biggest casino on the planet, where billions are traded on market fluctuations to generate financial gain for wealthy funds. The problem is that massive losses can also be generated especially in times (like now) of great volatility.

It is almost as if Government policies are primarily based on satisfying short term targets of financial speculators.

Over the last 30 years we have seen increasing numbers of large corporations listed on the Stock Market. The benefits of this are increased transparency and greater share ownership but the downside is that company boards are increasingly focused on short term share performance rather than long term strategic growth. They are also more vulnerable to deselection which increases their focus on knee jerk reaction to stock market fluctuations.

So how do we escape from all this madness ?

Here are a few suggestions which may help:-

1) Corporations should seriously consider de-listing from publicly listed stock exchanges & revert to private Limited Company status. Directors will then be able to take a more objective long term view divorced from the daily vagaries of the markets.

2) They should follow the example of German organizations and involve workers representatives at board level, increasing participation and integration.

3) The only way to pay down debt is to generate growth; Governments need to think beyond printing money and subsidizing banks. Innovation in manufacturing and services should be strongly encouraged.

4) Failing corporations, whether banks or otherwise, must be allowed to fall. The risks of failing institutions should not be born by the taxpayer.

5) A state bank should be established to act in direct competition with the private sector so that essential Capital flows can be maintained.

6) Government (NOT essential public services) must be streamlined and taxes reduced. For too long those in business & manufacturing have subsidised those working for the state who provide no added value whatsoever.

We need a radical rethink if we want to escape the madness of Casino Capitalism.

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Happy 4th July….#pmot..#4july

origameriflagOn 4th July 1776 the 13 American Colonies declared their independence from the British Crown & established the United States of America by publishing the Declaration of Independence.

It is worth quoting the second sentence of this truly historical document:-

“We hold these truths to be self evident, that all men are created equal, that they are endowed by their creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness”

It is increasingly popular to disparage the achievements of the Unites States but despite all of it’s problems, especially over the last decade, it is impossible to find a country of such vast disparity of ethnicity’s, religions and political views which upholds the ideals of the individuals right to self improvement and determination.

Happy 4th of July America !



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Return of The Apprentice….#pmot…#in…#entrepreneur

sugarThere are always plenty of laughs to be had in BBC’s “The Apprentice” – that’s what its all about after all, rather than a serious look at innovation or
entrepreneurship, it revolves around getting a bunch of young (naive) wannabes together who are generally arrogant, self opinionated and full of it; falling over themselves to look even dafter than they are in reality (all helped by clever editing of course)

Sir Alan hams it up, pontificating in cockney barrow boy English whilst trying not to fall off the box he has to place on his chair in order not to look too short.

Each task has a “project manager” – which has probably done more to damage the profession than anything else, most of the prats on the show probably think a Gantt is a term of abuse.

The funniest bit last night was when Sir Alan referred to himself as an “electronics expert….who sees things other people cannot see..”

Hmmmmm….perhaps he was referring to Amstrad’s “emailer” phone.amstrad-emailer
Oh Yes the famous emailer phone, widely used by Sir Alan’s receptionist to
usher in the hapless competitors.

Doesn’t every home have one ?

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Stop trade with China Now ?

Today’s news that the Chinese dissident Liu Xiaobo has been awarded the prestigious Nobel Peace Price for his peaceful resistance to Chinese oppresion and work for Human rights has raised the heat on the debate – “Should we stop trade with China now ?”

Most people are aware that the vast majority of Western companies outsource manufacturing operations to China for cost reasons and perhaps it is time we began to seriously question this strategy. Have a look at any company’s website and you will find a description of the company’s environmental policy but you will be hard pressed to find any information about the company’s attitude towards democracy or human rights.  If we are so concerned about Global Warming and it’s impact on the planet perhaps we should also be paying more attention to which regimes we do business with.

Of course the opposite argument is that by doing business with China we are helping to raise living standards which will inevitably lead to greater pressure for democracy and human rights.

However it would be nice to know that the debate had at least taken place and to see some kind of clear policy on company websites regarding human rights policy.

What do you think ?

Join the debate on Twitter now @projectsguru

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Stop corporate abuses - Amnesty International

Ed – tell us what you will do for manufacturing ?

Ed Miliband

Now that Ed Miliband has being elected Leader of the Labour Party perhaps we should expect some real policies to revive the U.K manufacturing industry.  Ed has mentioned “broadening the industrial base” but there is precious little on the official Labour Party website to illustrate what this means.

The last Labour Government presided over the biggest decline in manufacturing industry EVER ! from 28% GDP in 1996 to a pathetic 10% in 2010.

“So what ?” you may ask.

Well, manufacturing is important for the following reasons:-

1) Jobs tend to be higher paid than those in administrative rolls.

2) Every job in manufacturing creates 10 others in the Supply Chain.

3) Products manufactured in the U.K generate important foreign income and reduce the trade deficit.

4) Making things generates a sense of self worth and pride.

5) Manufacturing provides valuable Tax revenue.

If we seriously want to reduce the current account deficit and claw our way out of recession we need some real policies to revive the manufacturing sector based on new product development and innovation.

So Ed – tell us what you will do for manufacturing ?

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If it looks like a turd & smells like a turd…

Libyans celebrate the return of Megrahi

Libyans celebrate the return of Megrahi

As the row over the release of convicted Libyan Terrorist Abdel Baset al-Megrahi rumbles on oil giant B.P is preparing to commence drilling off the Libyan coast in waters slightly deeper than those which have been so grossly polluted in the Gulf of Mexico.

Fueling the controversy this weekend it was reported by the Financial Times that “Michel Williams told a U.S government investigator that an important alarm, which could have detected the build up of natural gas, was disarmed so as not to wake people up at night”

In 2007 B.P signed a $900 million deal with the Libyan government allowing it to begin exploration in Libyan waters.

Megrahi was released in August 2009 on compassionate grounds by the Scottish Government having being convicted in 2001 for the bombing of PAN AM flight 103 in 1988 and the murder of 270 people.

He was given only 3 months to live before release but has made a remarkable recovery since returning to Libya, it is rumoured that he has taken up Highland dancing with gusto and is often spotted out and about wearing a kilt.

Interestingly Megrahi abandoned an appeal which would have disclosed a lot of evidence to the public shortly before his release on compassionate grounds.

The debate about whether there is any connection between the release of Abdel Based al-Megrahi and the commercial deals struck between Libya, B.P and the U.K  Government will rumble on but……..

If it looks like a turd and smells like a turd……………………..

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