Exciting BioScience on the Brink on Tuesday

We had a wonderful group of people meeting for the first BioScience on the Brink meeting at the Eastlake Bar and Grill.

About 25 people attended, enjoying the hamburgers, potato skins, beer and the SUN! Yep, that big yellow ball came out and actually warmed us all up.

Yet Chris Fox’s presentation on adjuvant research at the Infectious Disease Research Institute was able to pull almost everyone inside to listen.

We had some wonderful conversations, with a pretty overwhelming desire to continue these events. I am already working on the next one to be held in around September.

Below are some pictures from the meeting. Hope to see you there next time.

Some quick photos before the event got started.

BoB outside

BoB inside

Chris Fox and adjuvants

BoB fox

And his rapt audience

BoB audience

Describing a 21st century company

Codifying asymmetry: How Apple became Jobsian
[Via asymco]

Any student of organizational theory must struggle with the question of how to assign weight to the influence of the leadership of a company. In the case of Apple, the question is:

Is Jobs is the embodiment of Apple or is Apple already Jobsian, imbued with his ethos?

John Gruber summed up the “Apple is Jobsian” argument by saying that Apple is Steve Jobs’ greatest creation and that he has been working on crafting the company as much as he has been crafting products. The result being that it’s well designed for sustainable longevity.

[More]

Apple seems to be taking positive steps to understand why it works the way it does. As I have written several times, it is one of the first 21st century companies. I worked at another – Immunex.

The hallmark of these companies is the ability to do more with less. Their efficiencies mean they stay focussed on what really works, Much of the management of Apple has internalized these values. The simple, not the complex. Admit mistakes and move on. Deep collaboration and cross pollination.

One other – something Immunex also did well – is to focus on what NOT to do. Figuring out rapidly what does not work, examining the project to see what not to do, provides opportunity savings that can be critical with small groups. Failing quickly and successfully is a key. This is something much larger companies can not do.

Pixar does many of the same things. I wrote more in depth in my series about the Synthetic Company. (1, 2, 3)

Margaret Wheatley said it best in her essay  on The Unplanned Organization:

I also want to emphasize that emergent organizations are leader-full, not leaderless. Leaders emerge and recede as needed. Leadership is a series of behaviors rather than a role for heroes.

That is why Apple will do fine without Jobs, just as Pixar will do fine and why any 21st century organizations will succeed – the community is the leader. They can adapt to things that come at them and are resilient to changes.

20th Century companies often lived or died by their CEO. Not so for 21st Century companies. They live or die by the community that has been created.

We will see more of these as time goes on because they will be the successful organizations dealing with the complexities of this century.

Where the App economy began

appby merfam

The Class That Built Apps, and Fortunes
[Via NYT > NYTimes.com Home]

In 2007, the “Facebook Class” at Stanford created free apps for millions of users. But it also fired up the careers of many students and pioneered a new model of entrepreneurship.

[More]

I was at a meeting in 2008 where this class was first described. It was so fascinating I took no notes. Here is what I wrote afterwards:

I just listened to most of this (no notetaking) because it was just an incredible story. some good lessons. Many crummy trials better than deep thinking. Students that shared the most were also at top of lists of apps.

Generated close to $1 million in revenue, several companies started, etc.

Novelty is not best approach. Sometimes best to copy what is out there. Today’s metrics are not the best.

You can LEARN to create a winning app. many stanford’s teams were successful.

Used chaos cycle – trials, evaluate, assets, inspire, trials. Faster could run cycle, faster reached peak. like evolution.

Mass interpersonal persuasion now possible. Created $10 million in value in 10 weeks.

Better to have a rapid development cycle than think things fully through. The ones who shared the most made the most.

Rapid development cycles. Thse that share the most made the most. Learn what works instead of just decide before. Use chaos to your advantage.

What these students found in 2007 is now a part of the economy. Just look at the App Store. This approach to business will expand to many other areas.

Rapid cycles of learning and knowledge will produce better decisions.