Google’s chief economist says executives in wired organizations need a sharper understanding of how technology empowers innovation.
“What is it that’s really scarce in the Internet economy?” And the answer is attention. [Psychologist] Herb Simon recognized this many years ago. He said, “A wealth of information creates a poverty of attention.”
Interview transcript and video published in the McKinsey Quarterly
http://www.mckinseyquarterly.com/Strategy/Innovation/Hal_Varian_on_how_the_Web_challenges_managers_2286
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The way it’s done
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Some people say, “we’re not changing it, because this is the way it’s
done.” And some people say, “the way it’s done isn’t good enough, let’s
make it bette...
He is absolutely correct. In fact, the article was too long and dry to finish......
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