The Meaning of Steve

So, as you all probably know, Steve Jobs quit. He resigned as CEO of Apple, a company he started, then rejoined, and in 14 years drove from near-bankruptcy to become the largest public firm in the world with more cash than the US government and the world’s most valuable brand.

Consider, for a moment, the meaning of Steve.

Jobs haven’t really invented stuff. He sees the potential in new ideas and then, at the right time, he takes that idea to its full potential. Someone recently said: “Three apples have changed the world. The one that Eve ate, the one that dropped on Newtons head and the one that Steve built.” But Jobs haven’t just changed the world once. By my count, Steve Jobs has changed the world four times. Four.

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Web savvy businesses grow twice as fast

The below is a very interesting excerpt from a new McKinsey Institute report released last week at the eG8 Forum in Paris.

“The evidence is abundantly clear: Internet usage triggers a significant increase in performance in businesses at all levels and particularly among SMEs and other entrepreneurial endeavors. We surveyed more than 4,800 SMEs in 12 countries (our study group excluding Brazil) and found that those utilizing Web technologies grew more than twice as fast as those with a minimal presence (see Exhibit). The results hold across all sectors of the economy. Further, Web-savvy SMEs brought in more than twice as much revenue through exports as a percentage of total sales than those that used the Internet sparingly.

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The future of business is the “mesh”

Lisa Gansky, author of “The Mesh,” talks about a future of business that’s about sharing all kinds of stuff, either via smart and tech-enabled rental or, more boldly, peer-to-peer. Examples across industries — from music to cars — show how close we are to this meshy future.

In her book Gansky says “We are moving away from a world where we aspired to own everything. Now, we can have access to goods and services with the same utility, convenience and enjoyment as owning them, but without the associated expense and hassles. This shift is at least in part powered by the little devices that we are all carrying around- the web-enabled mobile devices that allow us to easily reach out to find each other and locate ‘stuff’.”