20th century companies defined success by their hard assets. In contrast, 21st century businesses are based around information and ideas. In this video, Jim Whitehurst, President and CEO of Red Hat, explores how we add value in today's contemporary business, and, by extension, as a society.
So 19 months into the Open Government Directive, we seem to have a backlash. The government has spent millions of dollars collecting, organizing, and cataloging its data to make it more available to the public. An unprecedented effort. Some of this data is frivolous, some of it is valuable, but I... Read more
In his keynote speech at the Red Hat Summit in Boston, Red Hat CEO Jim Whitehurst made the case that of the $1.3 trillion USD spent in 2009 on Enterprise IT globally, $500 billion was essentially wasted (due to new project mortality and Version 2.0-itis). Moreover, because the purpose of IT... Read more
A few weeks ago, Red Hat CEO Jim Whitehurst wrote an article for BusinessWeek suggesting that Toyota might benefit from doing things the open source way when it comes to building the software inside its automobiles. From Jim's article:
Here at opensource.com, we aspire to take principles the open source software movement has applied to building better software faster and find more uses for them in business, education, government, the law, and generally in our lives.
Dave Cole, Senior Advisor to the CIO of the Executive Office of the President, presented an awesome keynote to more than 3,000 attendees at DrupalCon San Francisco 2010 on April 21. His keynote was about open source in government, and he talked about how whitehouse.gov has become a platform to... Read more
Companies that are creating massive value typically aren’t building a better mousetrap. They’re not improving on existing technologies or simply adding new features. Instead, they’re changing the business model. This was the message behind Red Hat CEO Jim Whitehurst’s keynote at today’s CED Venture... Read more
It's a good bet that the next generation of defining companies will have corporate cultures built the open source way-- around openness and collaboration, while fostering community and culture that extend outside the company walls. In fact many of the defining companies of the first decade of this... Read more
The Duke Fuqua School of Business just posted Jim Whitehurst's presentation from their Coach K Leadership Conference entitled "Competing as a 21st Century Enterprise Among 20th Century Giants." You can watch it here.
I spent two days this week at the Coach K Leadership Conference at Duke. It's always good to get above the trees for a few days, and this experience was exactly that kind of opportunity. Jonathan Opp did a nice summary post on the conference here and you can see the live Twitter stream here.