Sunk Cost Fallacy Prevents Us to Make Rational Decisions

Swiss writer Rolf Dobelli explains 99 most common thinking errors in his book The Art of Thinking Clearly. I guess that most of the companies offering radically new types of products and services are facing one of these, Sunk Cost Fallacy. Basically it means: “We have already invested so...

What Comes First, Technology or People?

In my experience, a buzz around a new technology can really get the buyers go outshopping. In many occasions through the years I have met decision makers who have recently bought a technology and now wonder what to do with it? The words used could have been something like...

Jakamo in the World of ‘Internet of Organizations’

Internet of Things (IoT) is now on the crest of a wave in the current discussion of digitalization while the importance of the social media seems to be decreasing particularly as a managerial tool for B2B relationships. Nevertheless, these two phenomena represent certain extremes in the wider digitalization sphere...

Cutting Costs or Driving Value Creation?

On my last posting I took the liberty to define Supply Chain Collaboration (SCC) as a method to utilize the knowhow of your partner companies and optimize the resource utilization in your supply chain to increase end customer value.  I am waiting for someone to propose a shorter definition,...

Jakamo – One of the Most Promising Startups in Finland

Great news! Jakamo has been awarded with a place on the list of 20 most promising Finnish startups by Talouselämä. We’re really thankful for this recognition. An expert jury assigned by Talouselämä newpaper selected a list of 20 most promising startup companies in Finland for the fourth time. The jury...

Collaboration Fuels the Value Chain

Deloitte has released an extensive report Collaborative economy (2014). According to the report “Collaboration is employees communicating and working together, building on each others’ ideas to produce something new or do something differently.” The main findings of the report state, that in Australia, collaborative economy is worth 46 billion...

Article: Strategic Capability Architecture

Strategic capability architecture: The role of network capability. A firm’s network capability refers to its ability to build, handle and exploit relationships. Research article by Jukka Vesalainen (co-founder of Jakamo) and Henri Hakala demonstrates that these capabilities are interwoven in a complex configuration with the other capabilities and competencies...

Jarl Matti on Stage with Paula Risikko and Pauli Aalto-Setälä

It was an honour and privilege for Jakamo to perform in the launching event of INTO Seinäjoki City Business Development. Jarl Matti Anttila from Jakamo Limited took the stage after Minister Paula Risikko and Pauli Aalto-Setälä, CEO of Aller Media Ltd. Jarl Matti presented a personal story as an...

We Love Our Users

Christmas time is the right moment to write you something about love and how much we love our users. Many companies state that they are customer-oriented. So do we. We took it so seriously that we placed the customer in the middle of our organisation. The customer (user) is...