Marriott & Demand Forecasting

A few years back, my friend and I came up with a business case for demand forecasting tool for the retailing industry. Here is what Mariott does , using the same concept. This model as such was present from 1980s where it was first used in the airlines industry. Look at what James Marriot has done to the concept. Applying an old idea to a totally different context.Hats off to him !

Off the Hinges - 1

Where do Ideas come from ? I mean for businesses to start offering a new product / service . It is usually from a set of customer troubles / anger / feedack/ routine work which gives rise to business opportunities . Lets start with this post at 52 projects which actually talk of loads of new opportunities to create business. Let me go through the not-to-do list and come up with an idea for each one of them , which can make life easier to a lot of folks :

Smart machines : First at Animals

We do tend to come across umpteen number of applications which posit the coming of the smart machine revolution(MEMS, RFID,etc) Here is one such product for animals which can be thought of as a pre-cursor. Like excelsheets, shareware, activeX, firefox plugins were precursors to successful Longtail biz, may be Littermaid too falls in such a category.

Why Write / blog

Wow! “Daniel Boorstin, the former librarian of Congress, used to rise at 5 each morning and write for two hours before going into the office. _** “I write to discover what I think,"**_ he explained_**. “After all, the bars aren’t open that early."**_ Mr. Boorstin’s morning sessions were even more valuable than he realized. Writing not only clarifies what you already know; it is also an astonishingly effective way to learn something new.