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Basing Business on Future Technology

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Mydesign
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Re: Auto industry future tech
Mydesign   4/3/2014 3:09:55 AM
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"Yes, I remember you reporting on that study about a year ago. Interesting when companies try to predict the future."

Rob, based on  such predictions, they can either increase or decrees the production to meet market requirements. This will avoid dead lock situations like long waiting period from customer and in reverse excess stocks.

Mydesign
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Re: Future Vision
Mydesign   4/3/2014 3:06:07 AM
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"Very good point, MyDesign. I didn't realize other consideration were beginning to trump the all-powerful quarterly results. I did notice that warnings were at al all-time high for the Q1 2014. MarketWatch attributed this to a widespread desire to lower expectations. I wonder if this is a version of de-emphasizing quarterly results."

Thanks Rob, industry and marketing peoples definitely consider all these factors because they don't need a flow in their business strategy.

Rob Spiegel
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Re: Future Vision
Rob Spiegel   4/1/2014 3:14:44 PM
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Very good point, MyDesign. I didn't realize other consideration were beginning to trump the all-powerful quarterly results. I did notice that warnings were at al all-time high for the Q1 2014. MarketWatch attributed this to a widespread desire to lower expectations. I wonder if this is a version of de-emphasizing quarterly results.

Rob Spiegel
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Re: Market Research adnd products
Rob Spiegel   4/1/2014 10:55:19 AM
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You're right MyDesign. As Chuck mentioned in one of these comments, the auto industry is doing this.

Rob Spiegel
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Re: Auto industry future tech
Rob Spiegel   4/1/2014 10:25:36 AM
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Yes, I remember you reporting on that study about a year ago. Interesting when companies try to predict the future.

Mydesign
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Re: Future Vision
Mydesign   4/1/2014 3:48:29 AM
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"I do appreciate the culture that this company is establishing on looking towards the future.  So many other companies today only focus on the upcoming bottom line for the next fiscal quarter that they never look ahead to the mega-trends unfolding down the road.  I hope that this company does well with this new strategy."

Greg, this is mainly because the business lines have changed due to the purchasing power and desecration level of customers due to globalization and various other factors. Now businesses are mainly customer centric and hence companies are much focusing to them to know what they exactly needs.

Mydesign
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Re: Market Research adnd products
Mydesign   4/1/2014 3:45:20 AM
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"Yes, it is a good strategy. One operation looks are current needs, the other looks at future needs. "

Rob, I think now a day's companies are focusing to that level of marketing and researching strategies.

a.saji
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Re: Future Vision
a.saji   3/30/2014 11:22:28 PM
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@Pubudu: Agreed. I see that as a defensive act. They should take risks and be more proactive so the future will gain more out of it.   

Pubudu
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Re: Future Vision
Pubudu   3/30/2014 1:21:49 PM
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Yes Greg, Simply most of the companies are now doing short term base strategies in order to be in the competitive market, Where they should be in the long term strategy also.

Greg M. Jung
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Re: Future Vision
Greg M. Jung   3/28/2014 9:56:37 PM
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Yes, it seems that stockholders demand profitable gains every quarter (which forces most other publicly-traded companies to drive towards short term gains instead of long term strategies like this).

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