lunes, octubre 30, 2006

Business and Personal Cadence


If you are in 6th grade and you participate in a speed competition using a bike and you win, is because you moved your feet faster than everyone else (high cadence). From that point on if you want to excel at riding a bike very fast, you will have to exercise and practice every day so that you can reach a level of synchronization between your feet, muscles, heart, lungs and brain that will allow for you to ride your bike faster than anyone else.
The same way, your productivity and efficiency will go faster if you reach high information cadence, this means that if you information sources, your collaboration and analysis skills and your execution capabilities are highly synchronize you will ride faster in the information age.
To illustrate, if you have two competitors and one has an information system that allows them to have business and personal performance information every week, and the other company has the same information every month. The one that has the information every week will make adjustments to its strategy 3 times before the other one gets a chance to analyze what adjustments need to be made.
If the first company makes a mistake it will find out next week, if the second one makes a mistake it will find out next month. If there is new business opportunity this week and is the first week of the month, the first company will be able to embrace it; the second one will probably never know it existed.
A second example would be woker A and worker B, worker A has a wide network of colleagues, industry experts and complementors. Worker B only interacts with people in his department. Worker A uses technology tools that help him collaborate with its network of friends, search for information or to find who has the information. Worker B is a very strong E-mail user. If their boss wants to know if there is market for a new product, Worker B sends an e-mail to its friends and colleagues. Worker A creates an on-line survey with 5 questions; it sends it to its network of friends, colleagues, industry experts and complementors. He gets the results on line and in graph form. It reports its result to his boss in two days while Worker B is still waiting for his friends to even read the e-mail that was sent.
The point that I am trying to make is that if your information system has low cadence you will have a competitive disadvantage to those that have a higher Information cadence.
So… Is your information cadence High?

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