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Red Hat At $1 Billion

Congratulations to my former employer. Open source matters. Based on the run rates of the current quarter, Red Hat will likely reach $1 billion in annual revenue in 2011. Only a handful of companies, probably less than 20 software firms, have ever hit this milestone. Red Hat will be the first open source-focused company to break the billion dollar barrier. Certainly Richard Stallman did not envision this when he created the paradigm of Free Software. Such an event may be more in tune with what Eric Raymond, Tim O’Reilly, and others had in mind when they reframed Free Software as Open...

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New Software on the New Platform

Highly relevant development for companies doing process automation. From Ben Horowitz’s Blog: You would never know If you could ever be If you never try You would never see —Lupe Fiasco, All Black Everything A year ago I wrote about a very special entrepreneur, Christian Gheorghe, who escaped Communist Romania, migrated to America, and—after starting here with $27 as a limo driver and construction worker—eventually became a computer scientist and an entrepreneur. I indicated that just as he broke from an oppressive, totalitarian regime, he planned to free his customers from the...

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Making Transformation Happen – Part 2

Organizing for Success Third, given the importance of transformation should organizations consider making transformation a business function? I would argue, yes. Organizing for success is key. Where can we find the best candidate to lead the transformation effort? The Office of the CEO would seem to be a natural candidate, but it’s not my choice. While the Office of the CEO sets company vision and strategy it does not have the time or operational bandwidth to physically drive the transformation agenda day in and day out. Who then? Who is best equipped to lead the cross-functional,...

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Making Transformation Happen – Part 1

If transformation is the lifeline for businesses desperately in need of leaping beyond their current state to a place of higher value why do so few organizations achieve sustainable transformation? Why is transformation so challenging. Let’s take a look at what usually happens. Transformation efforts are commonly dominated by the planning and setting strategy. As you have surely witnessed anything having to do with strategy is a natural magnet for opinions, points of view, and involvement. That’s all well and good. Strategy requires input from a range of internal and external voices –...

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Amy Cosper on Transforming Entrepreneur Magazine

“Entrepreneurism isn’t just about owning a business – it’s the spirit you bring,” says Amy Cosper, vice president of Entrepreneur Media Inc., and editor-in-chief of Entrepreneur magazine. Cosper embodies that philosophy. She didn’t launch Entrepreneur magazine, but she revitalized it to be relevant and true to its word. Recruited into the magazine to transform it, Cosper arrived bursting with energy and ideas only to discover “the staff hated me from day one.” The staffers — 37 editors generating a mere 72 pages of content a month in...

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