Word: bandwidth
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...complicated and too global for know-it -all CEOs. Information moves too fast for anyone to juggle the demands of different cultures, currencies and markets - and keep shareholders happy: last year 22% of Fortune 500 chief executives were drummed out of office. Says Hamel: "No single person has the bandwidth to run a global company any more...
...store entirely—meaning that an album sold online should cost $7-$10 less than one bought in a store—but it reduces the cost of promotion, because record labels can use customer profiling technology to make recommendations like Amazon.com does for books. In addition, because bandwidth is so cheap, there is essentially no marginal cost in digital distribution. That means that beyond the fixed cost of studio time, promotion software and bulk bandwidth, record labels will have essentially no cost. And yet they will still try to charge us $16.99 for albums downloaded over the Internet...
...scan the list of descriptions, and eventually you'll find the one that's approximately right for you. Globetrotter? To start, there's "African Experience" and "Brazilia." Headbanger? Try "The Pit" (metal) or "Axis" (adult alternative). With sites like Live365.com that provide average Joes with the bandwidth to open up their record collection to thousands of listeners a day, and sites like indiePOPradio.com that link users to stations geared toward particular interests, the Web holds out the promise of delivering radio from the hands of "such a lot of fools" (or profit-oriented entrepreneurs) into the grasp of the People...
...SIMIAN www.ikda.co.uk/simian GO APE A high-bandwidth music and design extravaganza. It's a little out there - has Earth been overrun by monkeys? - but it proves the Internet can enhance listening to music...
Leading the parade, ironically, is Enron, an old energy behemoth that has reinvented itself as a high-tech trading firm dealing in everything from natural gas to Internet bandwidth. In fact, its new 40-story headquarters, designed by Cesar Pelli, will be fronted by a seven-story "podium"--or shorter building--to house what Enron is calling the largest commodities-trading environment in the world...