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Frameworks

Posted: 22 September 2016

It’s almost a month since the previous TGEF. Time passed really fast. It didn’t feel like it at all!

Over the past 2 months, I’ve been really focused on customer development. I’ve found out a lot about the space of video analytics and natural language processing. When I say a lot, I don’t mean I’ve found out everything. There’s still a lot more to find out but I think I have a rough picture now.

I have talked to a lot of people and each time, I compile reports to consolidate my thoughts. I now have 7 reports worth of information, coming up to about almost 50 pages. I try and write them extremely concisely. Try as I might, they are coherent intra-report, but not coherent inter-report. As such, I might actually miss out some information that I would have liked to find out but didn’t. Or something I should have talked about but didn’t. Hence the title of this post. There is a need to come up with a framework to scientifically analyse a potential idea. Or perhaps even a framework to guide conversations. I was combing through my reports and I see some overlapping themes. Here’s a framework that I will continue developing over time.

  1. What’s the problem?

    • This part is kind of open ended as all problems are different. It’s about describing the problem thoroughly in this section. Each problem will be a different bullet point. Do note that for each bullet point, something in the “Technical Aspect” portion needs to solve it.
  2. Business Aspect

    • Scalability?

      • Which countries?
      • Potential cultural issues in the country that prevent you from entering the market?
    • Market?

      • Market size?
      • Time to capture entire market?
      • Market size captured per annum?
      • Cost saving or value adding? If cost saving, how much cost? If value adding, how much value?
    • Competitors?

  3. Technical Aspect

    • As mentioned above, the points here need to solve the problems mentioned above. If not, mention which problem you are focused on solving.
    • Applied research or innovation?
    • Can it be easily copied?
  4. Operations Aspect

    • If I work on this, will it be easy to hire top talent?