Faraday Future’s FF 91 is here and Faraday Future is one of the newest competitors in the automotive industry. A few hours ago, they just unveiled its all new electric car named “FF 91” few hours ago at Consumer Electronic Show 2017.
With the current paradigm shift in the automotive industry towards electric cars, “FF 91’ definitely brings heavy competition towards the current electric OEM manufactures. In order to understand, where “FF 91” really stands among its closest competitors, I have taken the liberty to dive into comparing “FF 91” with Next EV NIO ep9, Lucid Air, Tesla Model S P100D, Tesla Model X, BMW i8, Rimac Concept_One and last but not the least Porsche concept Mission E.
You can also download the infographic version of the comparison below:
In last year same time, January 2016, Faraday Future announced FFZERO 1, super electric car at CES 2016. It was their very first official appearance. Until then, the company was operating in stealth mode until 2016 in California. Since then, Faraday Future (FF) has come a long way. Founded in May 2014 by a handful of industry pioneers, FF quickly gained momentum as a newcomer in the industry. Based in Los Angeles, FF has since opened two new offices in the U.S. in Silicon Valley and North Las Vegas. Currently, the company is building a State-of-the-Art Manufacturing Facility (3 million square foot, 900-acre) worth $1 billion in North Las Vegas, Nevada. Today, they unveiled “FF 91” which will be available in the market in 2018. The car is planned to be built in Nevada plant.
The car has following key features & specification:
FFID: global user profile that travels with the user through the FF Ecosystem
Facial Recognition Technology
Autonomous Valet Parking
True Keyless Entry
NASA-inspired zero gravity seats offer industry leading rear seat reclining position
Best in class high-speed internet on the road
Acceleration: 0-100kmh mph in 2.39 seconds
Top Speed: > 321 km/h
Power: 1050 HP
Range: 608 km (EPA est.)
Charging Speed: More than 805 km per hour
ADAS Sensor Suite: 13 long and short range radars, 12 ultrasonic sensors, 10 high definition cameras, One 3D retractable lidar
Length: 206.7”/ 5250mm
Wheelbase: 126″ / 3200mm
Width: 89.9″ / 2283mm
Height 62.9” / 1598mm
We have to until 2018 before consumers can actually drive themselves. One thing for sure that the launch of FF 91 at CES 2017 today, definitely delivers the promise of Faraday Future. One thing is certain that the automotive industry is currently going through the biggest change in last 100 years. In fact, the automotive industry will change more in coming 5 to 10 years than it has in the last 50. A competition between players such as Faraday Future, NextEV, Lucid Motors, Tesla, BMW, Rimac, Porsche and others will definitely give more sustainable, capable and more exciting cars than ever before.
MBA, is the buzz word. As the world economy is getting tougher, global-local companies are looking for employees with high educational qualification. Many of the mid-career professionals face the need to do an MBA for moving ahead in their career. Hence, here’s my five (5) checklist for choosing your MBA.
Checkpoint # 1: Complete your MBA within 1 year instead of 2 years
Getting back to studies after a long break is already quite difficult; moreover, if you plan to quit your job and pursue an MBA, try to find an university which offers an MBA, the program in 1 year instead of 2 years. That one year will be nothing less than a pressure cooker, but end of the day it will be worth it. End of the course, you will not only have your diploma in your pocket, moreover, you will save 1 year compare to other professionals.
Checkpoint # 2: Value for money
There’s one crucial reason why I am suggesting you to go for a one year program instead of 2 years, and that’s money. For example, a Full time MBA cost around € 28,500 for one year of Maastricht School of Management. Now, that’s just the study cost. You also need a place to live, eat and do social activities. Now let’s do a simple math comparison between 1 year and 2 years MBA program:
That’s just a rough estimate, but the main message is, you will be able to save € 7.000 – € 8.000 just by doing MBA in 1 year instead of 2 years. Even you can say Bye Bye to your student loans sooner.
Checkpoint # 3: World Class accredited
If you are investing your savings or even if your company is investing, make sure you get the best quality learning from your MBA. One of the ways to ensure that is to see whether the university you’re planning to pursue your MBA from is world class accredited. Why? If the university is accredited by a reputable organization, it ensures the quality of a business school. Accreditation organizations ensure the quality standards of a business school, faculties, teaching methods, student services etc. ACBSP, AMBA, IACBE, AACSB is one of the well-known accreditation authorities.
Checkpoint # 4: Learn more from people than from books
You are mid-career professionals, you know the basic of business or at least you know how things run in the business world. You know the basic ABCD of the business world, now you want to do MBA to take your career to the next level. You can’t do that alone learning from lectures and books. The best place to learn is from the people, the classmates, who have vast years of experience in different industries, in different countries. You will not only learn how to deal with people from different countries and different cultures, but also will gather a vast amount of knowledge how to do business in different countries.
From my personal experience, when I did my MBA from Maastricht School of Management, we have students from 30 countries out of 56 students. We called ourselves the UN. While solving cases, the practical ideas that used to pop-up were amazing, which a book will never teach you. So, have looked into the past alumni list of the university, check their experience level, country etc. Before jumping for an MBA.
Checkpoint # 5: Scholarship / Fellowship
Last but not least, look for the grants, scholarship for your country. Searching for a scholarship is time costly, but if you can find a good one, it will save a lot of your money. You might don’t even need a loan. Think about it.
Also, a lot of time universities have fellowships of their own. Be blunt and directly contact the Admission officer whether there’s such possibilities. Most of the time it’s competitive basis. If you have a good application, it’s a worth trying for.
From my personal experience, I had to compete for Maastricht School of Management Fellowship program, but at the end I got 50% fellowship. It’s not only prestigious, but saved a lot of cost. So, invest some time in searching a scholarship, you will definitely get the return on investment (ROI) for the time you will spend.
For a long time, I was thinking about writing an article on LinkedIn, specially focused on professionals who are in mid-level of their career or just finished their Masters and looking for a new career opportunity. There’s many blogs, articles written on how to make an ideal profile on LinkedIn. Most of the blogs touches the basic ground for sure, but I wanted to focus a bit more on how to increase your ranking in LinkedIn pragmatically.
So here’s my 7 simple ways to increase your ranking in LinkedIn…
Step # 1: Choose a professional picture
Let me get one thing straight in the beginning; “This is NOT Facebook”.
You can put your drinking, partying pictures, family pictures, selfies on Facebook, but not in LinkedIn. Recruiters appreciate a social employees, no doubt about that, but it will not help you land the dream job you are looking for. I have seen many users using their Passport photo as LinkedIn profile picture. Ask yourself this simple question…
“Are you applying for a visa via LinkedIn?”
So, please get a professional photo taken by a photographer. If you are a fresh graduate, can’t afford a photographer’s service charge. Just ask one of your friends, to take a picture of in outside in a park when it’s a sunny day or even you can take a picture in the university premises. Make sure your face is clearly visible and don’t forget to smile.
Step # 2: Start networking
Start connecting and networking with your colleagues, ex-colleagues, classmates. Spend a few minutes in sending a personalized invitation. LinkedIn provides standard templates, but it’s always appreciated / liked by recipients when you a little personal touch to it.
Also, don’t hesitate to add professional in your business fields or recruiters, but please add a line or two in the invitation, why you would like to connect to them. Don’t just send out add request, just for a sake of it, be professional.
Networking professionals will land you jobs and career opportunities before you know it.
Step # 3: Get your profile proofread by a professional
You may have a brilliant CV and excellent achievements, but you have grammatical mistakes in your profile, the likely hood of your getting called for an interview is lower. I work closely with HR colleagues in my current professions and I have seen CV’s getting rejected due to poor grammar skills. According Harvard Business Review, people who care about their writing demonstrate credibility, professionalism, and accuracy in their work.
Firstly, get your profile’s contents checked via free grammar checking software’s (for example: www.gingersoftware.com). Then ask your friend who is good in English
Step # 4: Don’t apply for just any jobs, because you are desperately looking for one.
A lot of fresh graduates and experienced professionals start applying for jobs out of desperation. Remember one thing, every time, every single hasty job application you send out, you are closing door to that company.
Read the job profile thoroughly, see the language requirements and skills. For example, usually in the Netherlands, if the employer is looking forward expats, they post the job in English. Don’t apply for a job where language requirement is Dutch or German or a language which you don’t know.
Most importantly, think through and adapt your CV accordingly based on the job you want to apply for.
While counselling many of professional networks and friend about how to make an ideal profile on LinkedIn, I encounter many saying “I don’t have any achievements in my professions”.
“You have worked 3-4 years and at a mid-level or managerial position, but don’t have any achievements??”
Think again? Achievements, not necessarily means that you have received a certificate for something. If you have an award or certificate, that’s great, put in on the LinkedIn profile under respective jobs or academic degrees.
On the other hand, if you don’t have any awards in paper, think once again. Maybe you have optimized or reduced cost to the company or achieved your KPI 100% or beyond. Or maybe you introduced or came up with an idea to make a project more efficient, which resulted in an increased sales.
It’s just a food for thought. End of the day, even the laziest man has achievement, you must be wondering how. As rightly quoted by Bill Gates, “I choose a lazy person to do a hard job. Because a lazy person will find an easy way to do it.”
Last but not the least, don’t forget to add your extra curriculum activities. It represents your personality. For example, you were the class president, it shows your leadership skills or you were part of football team, which showcases that you are tend to be a team player.
Step # 6: Ask for recommendation and endorsement
You can always ask your colleagues and classmates to write a few lines about you, your work as a recommendation in the LinkedIn. You don’t necessarily have to ask via email. You can always casually ask them to do it in their free times. Remember one thing, Recruiters doesn’t know you as a person or doesn’t know your excellent interpersonal skills. The best way to showcase that, via your network or people who knows in professionally and personally via LinkedIn recommendation feature
Step # 7: Add the projects
Add the name of the completed projects that you have worked. By including the name of the projects, you will not only showcase that you have experience in handling / managing / contributing projects, but also it will work as keywords; and will increase your ranking in LinkedIn.
What is LinkedIn: it’s the world’s largest professional network with 300 million members in over 200 countries and territories around the globe. If you are looking for a job or want to take your business to the next, this is the right place to be.
We all talk about innovation; every company wants to be innovative. But, do we actually know how to? Time has changed, so did the definition of innovation. It’s crucial for any company to adopt the new ways to be innovative in order to survive in today’s competition. Here’s my view towards the ultimate guide for becoming an innovative company.
It’s one of the most used words lately. Well, you must be wondering, that is this “Co-creation”. Let’s start with a formal definition, “Co-creation is a form of marketing strategy or business strategy that emphasizes the generation and ongoing realization of mutual firm-customer value.” The words to focus on here is “mutual Firm-customer value”. In today’s world it’s crucial for companies to break out of the box and work together with the customer or suppliers to generate innovation and provide better solutions to problems.
A perfect example would be, Nedschroef, a leading manufacturer of fasteners working with its customers like VW, Audi, BMW etc to create innovative fastener solutions.
It’s 2013 and we are still experiencing the aftermath of global financial crisis. The Euro crisis is taking a high toll on countries like Netherlands, Germany, once known as one of the strongest economy in the world. Getting funding for starting a business is really difficult these days. Even when it comes to produce innovative products it requires good amount of investment before theory turns to reality. Especially for SME’s and individual entrepreneurs, crowd funding has become the ultimate source for turning a great idea into a reality. Yes, crowd funding is the collective effort of individuals who network and pool their money, usually via the Internet, to support efforts initiated by other people or organizations.
The Pebble Watch has been the most famous example of crowd funding. The original team scored more than $10 million with a target of less than $1 million via crowd funding platform named “Kickstarter”
Collective Knowledge “Coming together is a beginning, Keeping together is progress, and working together is success” that’s definitely one of my favorite quotes anymore. When it comes to innovation, people from different background, different part of the world, even from different work experience can contribute to provide innovative solutions to any problem. Thanks to the rapid growth of the internet, people from different part of the world can share their knowledge and create innovative solution and products.
Recently, Facebook friends helped a scientist to identify nearly 5,000 fish specimens collected in Guyana in less than 24 hrs, YES less than 24 hrs. The majority of people commenting held a Ph.D in ichthyology or a related field, and hailed from a great diversity of countries including the United States, Canada, France, Switzerland, Colombia, Peru, Venezuela, Guyana and Brazil. By quickly tapping the collective expertise of their social network to help with the preliminary identification process, the expedition members were able to sort, pack and export the specimens to Washington, D.C in a timely manner.
Collaborative Consumption Zipcar is a US membership-based carsharing company providing automobile reservations for its members, billable by the hour or day. Members can reserve Zipcars online or by phone at any time, immediately or up to a year in advance. Zipcar members have automated access to Zipcars using an access card which works with the car’s technology to unlock the door, where the keys are already located inside. Zipcar also offers an iPhone or Android application that allows members to honk the horn to locate a Zipcar and unlock the doors.
I was amazed by the overall idea behind such innovative car rental service when I first came to know about it in Marketing and Service Management Class during my MBA at Maastricht School of Management. And this is one of the best examples of innovation via collaborative consumption. In more formal terms, collaborative consumption is an economic model based on classical market behaviors of sharing, swapping, bartering, trading or renting access to products as opposed to ownership which both creates and adds value to existing products and services
Creativity California State University defined Creativity as the tendency to generate or recognize ideas, alternatives, or possibilities that may be useful in solving problems, communicating with others, and entertaining ourselves and others.
It’s no doubt creativity paves the way towards ultimate innovation. But, in order to be creative, you need to be able to view things in new ways or from a different perspective. Among other things, you need to be able to generate new possibilities or new alternatives. You can be from a totally different industry yet you can always add value and create innovative products to other industry just by able to see things in new ways. In fact, a research named “Innovation through diversity” by Forbes insight has proven that formula for success is in the diversity of people in the organization. People from different background when put together in a perfect environment produce creative and innovative solutions.