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The Design of Business: Difference between revisions
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*'''Mystery''': when an intuition nags at an inventor: the germ of a problem (and more to the point its solution) suggests itself and there is no orthodox means for solving it - here is the maximum opportunity for those who can (think of a young Ray Kroc thinking “how do I build scale in my hamburger joint?”); | *'''Mystery''': when an intuition nags at an inventor: the germ of a problem (and more to the point its solution) suggests itself and there is no orthodox means for solving it - here is the maximum opportunity for those who can (think of a young Ray Kroc thinking “how do I build scale in my hamburger joint?”); | ||
*'''Heuristic''': when you've figured out a potential solution, but you don’t necessarily understand the full implications, possibilities and boundaries of your solution; and | *'''[[Heuristic]]''': when you've figured out a potential solution, but you don’t necessarily understand the full implications, possibilities and boundaries of your solution; and | ||
*'''[[Algorithm]]''': where both the problem or opportunity and solution are fully understood, and the solution can be maximally commoditised and automated: the only question is efficiency. | *'''[[Algorithm]]''': where both the problem or opportunity and solution are fully understood, and the solution can be maximally commoditised and automated: the only question is efficiency. | ||