Mission / Goal Statement
"That the Goal can be achieved in a Technologically appropriate window/timeframe.
i.e. .....that by the time you get to the goal post, the advancing technology doesn't obsolete it,
and that the event cost derives a benefit of x duration before discarding that particular approach.
And furthermore that the will is present in the entire business transaction network. Then you can advance one more step and raise the standard of living, longing and learning."
I found this in my notes. Can you explain it to me?
Comments
Your notes? What notes? It's pretty easy to explain, because we have to ask ourselves that question all the time. For example, the technology we use is high frequency radio waves to transfer information between two fixed locations. When the founders got together and decided to start the project, they had to ask themselves how long will it take to design and build such a system. In other words, how long before we have something to sell and how much profit will we make on it. If the answer is 15 years, maybe you should rethink your strategy, because it's a safe bet that in 15 years somebody will have found a better solution to solve the same problem. So when you finally get around to selling your equipment, it's already obsolete. Nobody wants to install a system that uses radio waves when lasers carry ten times as much information. Maybe. The future is notoriously difficult to predict. ;)
Posted by: stark | April 4, 2002 07:39 PM