Cutting prices by 20% and yet maintain your margin

News source at:
http://finance.yahoo.com/career-work/article/108119/the-accidental-hero.html?mod=career-selfemployment
Business finance flow in a very simple manner, it starts from the top (gross revenue) to bottom (profit).
Now between that two point, there’s cost, cutting numbers from the revenue until they reach profit.
Equation wise, R – C = P (totally simplified)
So, one would suspect that a significant in reduction in revenue would cause [...]

Ridicilious mark up by indonesian software distributor

Recently i was evaluating a very nice looking visual mining software named Advizor.
The software allows a very visual manipulation of a large data set, it doesn’t provide the deep analysis afforded by SAS data mining tool, or the more automatic approach by SPSS PASW modeler,
but it greatly support business user with some interest in data [...]

Predictive algorithm and what’s so great about the Netflix Prize

Well, on the surface, nothing much. But it represent increasing interest on a very promising field.
It’s million dollar prize for computer expert and statistician that can improve a set of algorithm (a set of rules to be executed by computer).
Netflix, the companies who pay for this $1 million reward, is a movie rental company in [...]

From the New York Times – Netflix competition winner

News: http://www.nytimes.com/2009/09/22/technology/internet/22netflix.html?ref=technology
A $1 Million Research Bargain for Netflix, and Maybe a Model for Others
By STEVE LOHR
Published: September 21, 2009
Even the near-miss losers in the Netflix million-dollar-prize competition seemed to have few regrets.
Netflix, the movie rental company, announced on Monday that a seven-man team was the winner of its closely watched three-year contest to improve its Web site’s [...]

What’s the best career move for fresh graduates?

Get yourself a good boss.
Totally.
If you have the option of 3 type of workplace:
1. A place that offers substantial pay compared to other company for fresh grads (it happens right?)
2. A place with good boss, people who are great themselves and really care about making their staff to be as good as them
3. A place [...]

Why does being a good boss is so difficult?

Because being a bad one is so easy
Ok first, how do you become a good boss?

US$ 47.5 billion software development

Excerpt
Microsoft almost bought Yahoo for US$ 47.5 billion, yet they could just spend US$ 10 billion for building a Yahoo rival. It seem the decision maker is more interested in producing mega-mergers than actual value calculation and creation.