JV OF THE DECADE: PM (WIP)
WHO WAS THE FIRST POST MASTER GENERAL OF USA? WHAT WERE HIS QUALIFICATIONS?
- Assignment for you
DID FIRST POST MASTER GENERAL'S QUALIFICATIONS PLAYED AN IMPORTANT ROLE IN THE PROGRESS OF THE COUNTRY? IF YES, HOW?
- Assignment for you
WHAT IS THIS PM JV?
It is time that the inventors of internet get a fair share of credit, and revenue. I remember reading an article where the inventors had concerns about commercializing their efforts, but if there are others who reap the benefits at excessive level of risks, it is time for the inventors to get a fair share as well, and also taxpayers.
Steps to be taken:
While working on the new venture (such as, search engines, private browsers etc), partner directly with the universities that played an instrumental role with the development of internet, and also build a commercial team (private-public partnership - private, preferably smaller financial firms) as and when the development is happening. The team should include related workforce, who are seeking jobs (supported with relevant training, if necessary). As part of this initiative, multiple smaller companies (with right support) need to be created to optimize the growth of these companies to a reasonable level, and to limit issues later on.
Along with this initiative, this collaborative effort can include customized products at a reasonable price for those who are not internet savvy or barely computer literate; Such products need not be limited to this group, but customization is essential.
The other area of focus being, streaming content - the top three companies own around 47% of the market share, and there is still 53% of it left. Further, there is not much competition in the ISP space. Here, targeted customer friendly, safe content offerings (privacy will also become an important factor) becomes essential. Moreover, customization based on the audience can also be explored. This team can partner with post office, who are looking for new revenue stream, and who have played an important role in connecting people for centuries. This kind of JV can also enhance democratization of content, and address net neutrality issues to some extent. -
If this idea gets implemented, please pay me consulting fees instead of increasing bonuses for the senior executives for incompetence. I would also highly recommend to change them for individuals who would bring in new ideas, and creativity to the job.
http://fortune.com/2015/08/18/post-office-ups-fedex-amazon/ (Interesting article that was published on 18th after I had posted this idea in the Innovation section)
Added on August 25, 2015
http://www.usnews.com/news/articles/2015/08/25/the-illusion-of-online-privacy (Majority of the people are calling for protection of personal data)