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	<title>Kelvin Hartnall &#187; Business</title>
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    <title>Kelvin Hartnall</title>
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		<title>Are we currently suffering a major supply-chain whiplash?</title>
		<link>http://www.hartnall.com/2009/05/supply-chain-whiplash/</link>
		<comments>http://www.hartnall.com/2009/05/supply-chain-whiplash/#comments</comments>
		<pubDate>Fri, 01 May 2009 22:14:41 +0000</pubDate>
		<dc:creator>Kelvin Hartnall</dc:creator>
				<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://www.hartnall.com/?p=308</guid>
		<description><![CDATA[There is a business concept called the Whiplash Effect.  The concept is that the further back in the supply chain a company is, the greater the volatility in demand it experiences.  This is due to the use of inventory by the members of a supply chain.  As an illustrative example, consider a retailer of personal computers.  ]]></description>
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		<title>Xero &#8211; Agile and Design Led</title>
		<link>http://www.hartnall.com/2009/03/xero-agile/</link>
		<comments>http://www.hartnall.com/2009/03/xero-agile/#comments</comments>
		<pubDate>Thu, 26 Mar 2009 00:35:01 +0000</pubDate>
		<dc:creator>Kelvin Hartnall</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Xero]]></category>

		<guid isPermaLink="false">http://www.hartnall.com/?p=250</guid>
		<description><![CDATA[<a href="http://blog.xero.com/2009/03/one-secret-to-our-success/">Excellent post</a> by Philip Fierlinger on the <a href="http://blog.xero.com">Xero blog</a>.  He discusses the Xero approach to software, being agile, design led, and using rapid prototyping.  

One of the reasons that I originally purchased shares in Xero was due to a comment in their product improvement update.]]></description>
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		<slash:comments>1</slash:comments>
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		<item>
		<title>Nuplex Rights Issue Calculator</title>
		<link>http://www.hartnall.com/2009/03/nuplex-rights-issue-calculator/</link>
		<comments>http://www.hartnall.com/2009/03/nuplex-rights-issue-calculator/#comments</comments>
		<pubDate>Sun, 22 Mar 2009 00:58:21 +0000</pubDate>
		<dc:creator>Kelvin Hartnall</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[The Market]]></category>

		<guid isPermaLink="false">http://www.hartnall.com/?p=216</guid>
		<description><![CDATA[Nuplex (NPX) is an NZE listed equity.  On Friday 20th March they announced a 7 for 1 rights-issue with the issue price being 23 cents per share.  The shares will start trading ex-rights on 26 March and the rights will be tradable from the 2nd April.]]></description>
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		<slash:comments>4</slash:comments>
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		<title>Xero &#8211; Network Effects?</title>
		<link>http://www.hartnall.com/2009/03/xero-network-effects/</link>
		<comments>http://www.hartnall.com/2009/03/xero-network-effects/#comments</comments>
		<pubDate>Sun, 15 Mar 2009 09:55:17 +0000</pubDate>
		<dc:creator>Kelvin Hartnall</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Xero]]></category>
		<category><![CDATA[Network Effects]]></category>
		<category><![CDATA[Technology]]></category>

		<guid isPermaLink="false">http://www.hartnall.com/?p=174</guid>
		<description><![CDATA[I have previously <a href="http://www.hartnall.com/2009/03/xero-a-disruptive-innovation/">blogged</a> about <a href="http://www.xero.com">Xero</a>, with an objective to structure my random thoughts about the Xero’s prospects and therefore its potential valuation.  Along the same objective, this is my analysis of network effects that could affect Xero and the market for online accounting solutions.  
]]></description>
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		<title>Externalities and Network Effects</title>
		<link>http://www.hartnall.com/2009/03/externalities-network-effects/</link>
		<comments>http://www.hartnall.com/2009/03/externalities-network-effects/#comments</comments>
		<pubDate>Thu, 12 Mar 2009 23:48:26 +0000</pubDate>
		<dc:creator>Kelvin Hartnall</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Network Effects]]></category>
		<category><![CDATA[Technology]]></category>

		<guid isPermaLink="false">http://www.hartnall.com/?p=157</guid>
		<description><![CDATA[Network externalities, also known as the network-effect, are often important to consider when analysing technology investments.  They are economic concepts that are useful in predicting the future structure of particular markets, especially technology markets where network effects are often prominent.  ]]></description>
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		<title>Xero &#8211; A Disruptive Innovation?</title>
		<link>http://www.hartnall.com/2009/03/xero-a-disruptive-innovation/</link>
		<comments>http://www.hartnall.com/2009/03/xero-a-disruptive-innovation/#comments</comments>
		<pubDate>Tue, 03 Mar 2009 10:40:00 +0000</pubDate>
		<dc:creator>Kelvin Hartnall</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Xero]]></category>
		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[Innovator's Dilemma]]></category>
		<category><![CDATA[Technology]]></category>

		<guid isPermaLink="false">http://www.hartnall.com/?p=145</guid>
		<description><![CDATA[I have been considering <a href="http://www.xero.com">Xero</a>, a provider of online accounting software, and whether this is a disruptive innovation for the SME accounting software market.  Please see my overview of Clayton Christiansen’s book <a href="http://www.hartnall.com/2009/02/the-innovators-dilemma/">An Innovator’s Dilemma</a> for a distinction between a disruptive and sustaining innovation and why disruptive innovations can significantly alter the market structure.]]></description>
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		<slash:comments>13</slash:comments>
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		<title>The Innovator&#8217;s Dilemma</title>
		<link>http://www.hartnall.com/2009/02/the-innovators-dilemma/</link>
		<comments>http://www.hartnall.com/2009/02/the-innovators-dilemma/#comments</comments>
		<pubDate>Sat, 28 Feb 2009 03:54:35 +0000</pubDate>
		<dc:creator>Kelvin Hartnall</dc:creator>
				<category><![CDATA[Book Review]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[Innovator's Dilemma]]></category>
		<category><![CDATA[Technology]]></category>

		<guid isPermaLink="false">http://www.hartnall.com/?p=140</guid>
		<description><![CDATA[For anyone interested in technology and investing, I highly recommend the book “The Innovator’s Dilemma” by Clayton M. Christensen.  The following blog entry is my summary of the significant concepts.



The book proposes that there are two types of technological advances: sustaining innovations and disruptive innovations.  The majority of advances are sustaining innovations.  ]]></description>
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		<slash:comments>4</slash:comments>
		</item>
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		<title>Customer Focus</title>
		<link>http://www.hartnall.com/2009/02/customer-focus/</link>
		<comments>http://www.hartnall.com/2009/02/customer-focus/#comments</comments>
		<pubDate>Sat, 21 Feb 2009 02:05:51 +0000</pubDate>
		<dc:creator>Kelvin Hartnall</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Agile]]></category>
		<category><![CDATA[CT-Media]]></category>
		<category><![CDATA[NetMerge]]></category>

		<guid isPermaLink="false">http://www.hartnall.com/?p=131</guid>
		<description><![CDATA[When starting this blog, one of my goals was to reflect on the different business lessons I have learnt in my professional life and attempt to articulate them.  My first lesson-learnt appears to be self-evident: customer-focus.  In my opinion, customer focus is a critical factor for a successful company, though it is often missed.  How is it that something that is so obvious is so often missed?  ]]></description>
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