Business at the Speed of Thought: Using a Digital Nervous by Bill Gates

By Bill Gates

Because the cofounder, chairman, and leader government officer of Microsoft, the world's major supplier of software program for private pcs, invoice Gates performed a trendy position in launching the data Age. Now this contemporary visionary finds how increasing expertise is propelling the enterprise global into an exhilarating new financial era....how each supervisor can - and needs to - remain prior to the curve...and how built-in info platforms will help each association achieve....Business on the pace of concept. alterations are your organization has a large funding in expertise - and is knowing simply 20 percentage of its strength profit. As Gates explains, you are most likely viewing and software program in an effort to resolve particular difficulties. yet like a dwelling organism, a firm capabilities top if it may well depend on a frightened process that may at once convey info to the components that want it. In transparent, nontechnical language, company on the velocity of concept indicates you the way a electronic worried approach can unite all of the platforms and approaches less than one universal infrastructure, liberating rivers of knowledge and permitting your organization to make a quantum leaps in potency, progress and earnings. With eye-opening, precise excursions, into Microsoft and different significant organizations, Gates unveils the best way electronic fearful structures - from the best to the main refined - are revolutionizing the very nature of industrial. you are going to find out how built-in expertise can:* immediately entry scattered info to research styles and developments * lessen cycle time and get new items out prior to the contest * convey up to date revenues and stock information on each of your items, wherever on the earth * aid clients clear up their very own difficulties and, utilizing clever software program, instantly * feed lawsuits to designers and line workers.....and even more.

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By translating a rating into compensation and by enabling the manager to visually compare such figures as ranking by performance and by salary, the review application helps managers to grade employees consistently according to both performance and policy. We estimate that the application also reduces managers' time spent on review administration by at least 50 percent. SAVING AGGRAVATION AND $40 MILLION Using our intranet to replace paper forms has produced striking results for us. As this book goes to press, We have reduced the number of paper forms from more than 1,000 to a company-wide total of 60 forms.

Today we have all the pieces in place to make the vision a reality. Graphical computing and better analytical tools make it easy to-integrate data of various types. 4; I pable, networked PCs are ubiquitous in the office environ ment. The Internet is connecting PCs around the world. Yet paper consumption has conti nued to double every four years, and 95 percent of all information in the United States remains on paper, compared with just I percent stored elec@ ironically. Paperwork is increasing faster than digital tech i nology can eliminate it!

TXT important meeting we've taped. I don't sit in on quarterly earnings calls to financial analysis, for instance, but when I'm home at night 4 reading, I might put on the audio and listen in. These tools keep me in close touch with what's going on in our company. As the CEO, I'm supposed to be making decisions involving tens or hundreds of millions of dollars, but organizationally I am the on ly one who can approve the restaurant bill for Steve Ballmer, our president. I thought every company had this kind of explicit review for expense approval.

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