Turning Your Gadgets (Handsets) into valuable Assets: The Cleverest Lessons From Rolex – (A Master Piece)-

Turning Your Gadgets (Handsets) into valuable Assets:

The Cleverest Lessons From Rolex

– (A Master Piece)-

I can only hope it is of much concern to everyone else as it is to me to know that having a couple of gadgets or devices like tablets, handsets, headsets and so on doesn’t retain as much value as they hold the moment they are bought and torn off their packs. It is even worse to know that, whether or not, these gadgets or devices are bought and used, they lose their value either way and more often than none, their curve pattern of their fall in price/value is that of a nose drive.

There’s an old adage that says the minute you drive a new car off the lot, it depreciates instantly. The same is true of almost all the today expensive gadgets and devices we all buy either to feel trendy, classy or for whatever reasons. However, like cars and houses, a Rolex has a significant value throughout its life. Unlike those two examples, the value of a Rolex doesn’t devalue as much over time.

We all know Rolex is a watch brand but it is not just any brand. Even, it is not just any fine Swiss watch brand. Ever had the saying, ‘Rolex watches are just as good as money’? An original Rolex watch is, relatively, worth as much as it was at the point of purchase even after several years of usage and it sometimes could worth more like an antique that it really is. In short, Rolex is a product of its own: respected; admired; valued; known across the globe and long/forever-lasting.

Sometimes I sit back and think about all that Rolex is and how it has come to be comparable with assets like home, and find it hard to believe that at the end of the day, they just are makers of watch. However, what is most interesting to know about Rolex is that it didn’t start off on this prestigious foot because they began in 1905 in London where they have always produced high quality watches before they moved to Switzerland. But until the 1980’s they were nowhere near as expensive and notable as today.

Although some owed the reason behind this sudden hike in price to the “yuppie” movement which began at around that time, 1980 – a movement which was a new class of young, wealthy people who began purchasing new flashy materials to display their wealth and newfound status and gave massive preference to Rolex. But research have come of age to know there is more than it meets the eye when it comes to Rolex than the few decade old “yuppie” movement. It is what has being captioned in the question, “What makes ‘Rolex a Rolex’ ”?

Knowing what it is that makes ‘Rolex a Rolex’ is capable to turn that ‘ordinary ’gadget or devices you are holding into a much more valuable asset that Rolex is. That is, the adoption of all that it is that makes ‘Rolex a Rolex’ can be infuse into any gadget to bring out the monetary-value, time-value and social-value (ostentatious) Rolex exhibits.

In accordance, the purpose of this article is to give you a clear cut view of how Rolex walked up the ladder of excellence and prestige and how they have been able to create value that is even universally comparable to a home – an asset in accounting books. In fact, Pre-owned Rolex makes sense because they are a way of owning something sublime without having to re-mortgage your home. Some of these key points include;

1) Thorough and Self- containing

It takes about a year to make a single Rolex watch and every Rolex movement undergoes an extensive ‘exacting’ process, which can take well over a year to complete. You probably know how it feels like being in school for a year without even inventing or creating anything. It goes to show you how painstakingly Rolex goes at making their watches. Rolex produces almost a million watches a year, but surprisingly, no shortcuts are taken in the manufacturing process.

A predominant theme in the manufacturing of a Rolex watch is ‘leave no stone unturned’. Things are checked, re-checked, and then checked again. Rolex subject their watches through an optical sensor scans that only less than one in a thousand watches passes. After being air pressure tested, Rolex proceeds to test the water resistance of each and every Rolex Submariner and Deep Sea watch in actual water. Rolex also reports that in the years they have been testing diamonds; only two in 20 million have been inferior. You can do the probability; it’s a very close to zero chance that they go wrong or make a mistake in their manufacturing.

     

Rolex is thorough in-out. Rolex test their watches in extreme conditions of temperature, depth and environment to check its mechanical excellence as well as checking it for aesthetic discrepancies. That is, they pay relatively equal attention to the craftsmanship of the watch inside as they do on the outside. Rolex uses a type of steel that no one else uses for all their steel watches since 2003, 904L steel. Steel which is more expensive, requires special tools and skills, and is overall more difficult to work with.

More so, finding the most durable material for the Bezel was a challenge for Rolex, so it decided to make its own ceramic instead. The entire bezel which Rolex uses is virtually indestructible, resistant to scratches and has been built to withstand more abrasion than any other part of the watch. Rolex bezel which takes more than 40 hours to produce is heated to 1,500 degrees, hardened and purified and then sprayed with gold and polished extensively until the numerals emerge.

Rolex makes virtually everything in-house as a totally vertically integrated manufacturer which earns them an undiluted quality. In addition, Rolex makes their own gold. As matter of fact, all the gold and platinum used by Rolex is made in-house and as far as we know, pretty much no one else that does. To our knowledge Rolex is the only watch manufacture that makes their own gold or even has a real foundry in-house. Because Rolex controls the production and machining of their gold, they are able to strictly ensure not only quality, but the best

Rolex is about the highest manufacturing company and watch maker with highest quality control. It feels as though their goal is to ensure that if a Rolex watch fails, it does so before it leaves the factory. Rolex has stress test room where watch movements, bracelets, and cases undergo simulated wear and abuse on custom-made machines and robots. Large teams of watch engineers and assemblers work on every single movement that Rolex produces. This is before and after their movements are sent to COSC for chronometer certification. Even at that, Rolex re-examines their movements for accuracy after they are cased for several days while simulating wear before they are sent out to retailers.

Rolex are resolute about quality and their quality control techniques. Every Rolex movement is a certified Swiss chronometer which interprets as long-term high performance. Rolex don’t mind if process is all consuming. The complete move from 316 L steel to 904L steel in 2003 is a perfect example. Rolex had to replace most of their steel working machines and tools to deal with 904L steel. Likewise, the change from aluminium to ceramic bezel inserts is another perfect example

In the same light, Rolex have diverse highly equipped and hi-tech labs full of highly trained scientists. What is it mostly used for? Well one thing that Rolex stated is that the lab is used for developing and researching oils and lubricants that they use in machines during the manufacturing process and the maintenance of their time-pieces.

 

 

 

2) Pushing Boundaries and Pace Setting – Excellence

Rolex is known for pushing the boundaries when it comes to watch technology concerned with the three main elements of world; water, air and earth. For the finest of quality timepieces, Rolex maintains a level unmatching excellence in these three nodal points.

For example, a watch is only as precise as its oscillator is regular and the Blue Parachrom Hairspring is unaffected by magnetic fields and ten times more resistant to shock than a standard hair spring. There by affording their watches to deliver absolute accuracy within a Rolex watch in more adverse or out-of-sight conditions that limit other watches.

The man pictured in the Rolex ad is Ed Viesturs, the world’s greatest climber and first American to summit all fourteen of the world’s 8000 meter peaks.

In the same vein, back in 1926 Rolex made the world’s first waterproof watch, the Oyster model. All Rolex Oyster case watches are thoroughly tested for water resistance. Today, dive watches like Deep-Sea receive a separate treatment all together. They aren’t only being tested under air-pressure but also under water pressure with a machine that takes well over an hour and measures each watch to a pressure equivalent to 12,000 meters deep. Rolex employs a complex system for testing if water enters into the case of any of it watches.

Rolex has labs whose purpose isn’t just to research new watches and things that may go into watches, but also to research more effective and efficient manufacturing techniques. Rolex produces its own patented materials, such as Everose Gold. They are a pioneer, boundary-pusher and pacesetter of excellent watch technology. Almost every technology or craftsmanship Rolex uses is patented because they own it. One thing is for sure, you can’t take research (labs) away from king of watch makers, Rolex.

 

3) Originality of Craftsmanship

The truth is that Rolex watches are given all the hands-on human attention. Rolex watches are hand-finished and polished. There are many elements of making watches at Rolex that is done by a skilled human being. It may interest you to know that one of the most impressive facts about Rolex watches is that all of the applied hour markers are set individually by hand. So individual hour markers are applied and riveted by hand. In actual fact, everything from Rolex movements to bracelets are assembled by hand.

Rolex employs traditional jewellers to create custom settings for stones in their most exclusive watches, done using the same processes employed in creating the world’s finest jewellery. Each and every diamond or precious stone (no matter how large or small) on a Rolex watch is hand-selected and hand-set.

 

Human and Robot – However, Rolex is very pragmatic, if a human does it better, then let a human do it, if a machine does it better, then let a machine do it. Rolex uses machines in their patent processes. These machines are really used for tasks that humans aren’t as good at. These include sorting, aligning, filing, cataloguing, pressure-applying and very delicate procedures that involve the type of care you want a machine to handle. Most of these machines are still human-operated though.

Rolex has learned that a human eye is better trained to spot problems and work by it. They know the limitations of computer/ programs and go the extra length to make up it via very competent human craftsmanship. A computer can only detect an error or mistake that has been programmed into it to but a human can do a lot better. A human has a mind of its own not subject to programs which makes Rolex watches more pragmatic in real life and a ‘survivor’ sort of.

Digital and Analog Technology- Rolex has successful matched up ancient and modern technology as evident in the mechanism of the time pieces they make. A Rolex is an antique even of the 21centrury. How do I mean? The technology of the 21st century which is automatic in its mode of operation is most likely a digital type but Rolex uses an analog technology that is still automotive all the way. That’s crazy!!

The perpetual rotor is a vital element in the Rolex. It is a mechanical device which fits inside the watch and which utilises the wearer’s movements to create and transmit energy in to the mainspring. This maintains the tension in the timepiece, ensuring the continued functionality of the watch.

This explains how Rolex has been able to turn the old manual (analog) into the new age automatic (digital)   technology without leaving behind its originality. It is a good representation of the ‘art of science’ in technology.

 

4) Focus

If you take a decade old Rolex side by side with a more recent one, you probably won’t spot very obvious differences. That says a lot about how much attention they give to the ‘unobvious’, the inside. Rolex invests into processes and techniques that are tightly-held trade secrets.

Instead of releasing new models, Rolex constantly refines its existing designs. Each watch contains the suggestions and wearing experiences of countless people who together have helped create timepieces that look good and work well.

If you look at Rolex watches over time, they are more about evolution rather than revolution. This idea of always improving versus changing goes right into their manufacturing process as well. They are constantly learning how to improve quality through better processes and techniques. The move from aluminium to ceramic bezel inserts is a perfect example. They are focused on the rotor and the colour – the more objectives than aesthetic. In short, Rolex is however interested in quality and efficiency.

 

5) Maintenance and Long-lasting

The 904L steel used by in use by Rolex is more rust and corrosion resistant, and is somewhat harder than other steels used my other watch makers. . Most important to Rolex, is that 904L steel, when worked properly, is able to be polished and retain a polished –look (shinning) incredibly well.

Other than the preposterous standards Rolex has for the materials and the precious metals like, gold, diamond, gemstone, rubies, emeralds and other pearls they use, a Rolex is serviceable just like a car is. Though it works round the clock, it may be serviced every five years which is a probably the life span of other watches. Rolex also has laboratory produced oils specially made for their watches which make them last a lifetime (or two) as assumed of a typical Rolex.

The engineering/assembling design and technology-type of Rolex is a major contributor to their characteristic maintainable and long lasting nature of their watches. The analog technology which Rolex adopts is what makes their watches mechanical and serviceable in the first place. It is what makes lubricants and cleansing oil useable on their watches. This is evidently absent with the digital technology which makes it very volatile unlike the doggedness known with Rolex watches.

More so, the knob used to wind the watch, embossed with the Rolex crown, fits snugly on to the watch and creates a seal around itself similar to that of a submarine hatch. This prevents water and dust from entering the watch and so helps to maintain the long life of it. A cased Rolex watch is sealed in such a way that it is virtually impenetrable.

 

6) Scarcity and Security

Everything is scanned and catalogued in Rolex. This is one aspect where the computer is allowed to play a full role.In fact, each Rolex watch movement has a unique serial number that is photographed and matched with a case that also has a different unique serial number. In the future when the watch is serviced, a watchmaker can learn everything there is to know about it.

Likewise, Rolex do not allow any Authorised Retailer to display or sell their products online. If you find Rolex for sale anywhere online it is highly likely to be second-hand, counterfeit or stolen. This drives the perception that the watches are a good investment.

 

7) Made Outside America, Switzerland

Yes, Rolex is Swiss-made and that says a lot. This is operational in two ways; first, the exchange rate. US are on the losing side here because a Swiss Franc rates higher than a dollar in the money market. The Swiss Franc has been on an appreciation tear against the US dollar in recent years (up 30 percent since 2007). That means retail prices are much higher than they were just a few years back.

Secondly, America is not known for specialty when it comes to art. This is evident in the fact that every celebrity or rich person who’s got a sense of style knows that places like Paris, Italy and United Kingdom come before America. Perhaps owing do the fact that America is a ‘home of all’, their cultural and origin values is too diluted and it reflects even in the style as revolutionised over the past decades. UK is known for royal and very English art and painting which is almost the same for the others. Same goes for some countries in Europe like Japan. They have technology side by side their country name. That is, they have it as culture- that thing than everyone turns to you for when they need it at an unbeatable level of excellence.    

 

8) Culture of Class, Style and Achievement

Rolex maintains a level of simplicity yet embedded with a sense of class, style and success that makes its watches so perfect. A Rolex is the corner stone of every luxury watch collection and the name resonates with watch lovers the world over since no one brand dominates the watch market ,across the world, quite like it.

When you purchase a brand new Rolexyou get the pride of knowing that the craftsman has created your watch just for you. Just check out their designs. You’ve got the Submariner, the classic diver’s watch that sets the standard for technology and durability. You’ve got the Datejust, a classic formal watch that sets the standard for style and grace. You’ve got the Daytona, the classic sports chronograph that sets the standard for precision that is often imitated.

 

Deductions and Conclusions

Although most people consider the world or Rolex a very real mystical but here is all than it meets the eye about and behind it. With respect to other gadget or devices (particularly phone makers), I go on to substantiate my postulation that Iphone is closer than the rest phones s when it comes to value retaining and quality.

Iphone do not need to compete with android when it comes to digital technology. Digital technology is more or less a ‘fluke’. There is a greater deal with an analog technology that works as efficient as a digital in this 21st century because there is a lot more ingenuity, scarcity and originality in it.

More so, what gladdens more is the unveiled plans of “TimCook, the CEO Apple when he recently took the stage at the company’s annual Worldwide Developers Conference in San Francisco to announce the latest features for Iphone, iPads and Macs and not release of new models – a move very much in line with the ‘focus’ approach Rolex adopts as explained in this article. That is, instead of releasing new models, they constantly refine and upgrade their existing designs, like Rolex.

Iphone can be to the phone market what Rolex is to the watch market. Phones can turn into life-long assets like Rolex if they carefully follow their foot step. I go on to conclude that without the possible understanding, adoption or creation of the eight highlighted key points above, Rolex won’t be what it is today. More importantly, Iphone can be the Rolex of phones or the Mercedes Benz of phone; however, one huge problem is that it is America-made.

 

 

 

Resources

Matthew, B. (2011), Purchasing a New versus a Pre-owned Rolex, Beckertime.com

6 Reasons Why Patek Philippe and Rolex Hold Their Value Better Than Other Watches 2013 http://swisswatchwire.com

Steve, G. (undated), Why Are Rolex So Expensive? EditorialToday.com

Alexander, F. (2012), Rolex Watches Didn’t Become Expensive Until The 1980’s And Not For The Reason You’d Think!, 19 Astonishing Facts, .omgfacts.com  

Ariel, A. (2013), 10 Things To Know About How Rolex Makes Watches

Emily, S. (2013), What Makes A Rolex Watch So Special? Thewatchgallery.com

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Where and How Information Technology Intersects with Sustainable Environment

Will you rather repair a thing than purchase a new one even if they both come at the same cost/ price? Your answer to this question goes a long in sincerely portraying your commitment to a sustainable environment of the 21st century or not because the triangular filter of environmental sustainability is anchored on the three Rs, Reduce, Reuse and Recycle.

In furtherance, an ideal sustainable environment is only possible with a steady advancement in Information Technology. How do I mean? If you are the picture a world (city) environment that is very sustainable, you would be having a world with a very hi-tech infrastructures and devices. In other words, a sustainable environment and ‘smart growth’ are intrinsic component of each other and the pronouncement of ‘smart growth’ is evident in advance Information Technology which is manifested via the hi tech devices and infrastructures being built around development nations of the world.

More so, unlike the days of Shakespeare when sending a message could take a tone of energy or when the organization of data/information could literally be seen as quite laborious; all of these activities can be now be done seamlessly in a single click and on –the-spot even more conveniently and flexibly to the glory of advanced Information Technology system and in the face of a sustainable environment.

Sustainable environment may be priceless but it is definitely not costless’ – Adebiyi Adeyemi

Thus, the expensive prices we pay to purchase advance technological devices are, in fact, a true reflector of the price we pay to have a sustainable environment. This is profoundly exhibited in the ‘smart’ that seem to go with our phones, devices /gadgets and even to our homes and cities like Dubai. The question now is;

 

What Makes for the ‘Smart’ in our Devices or Cities?

Briefly, ‘Smart’ technology entails a digital type which is quite interactive and consist of controls, computers, automation, new technologies and equipment working together capable of responding digitally (computer language ) to any quick or sudden changes. It also incorporates the use of self-healing technologies.

More essentially, the ‘smart’ technology phenomenon represents an unprecedented opportunity to move the world (cities) into a new era of reliability, availability, and efficiency that will contribute to our economic and environmental health via its enablement of the integration and optimization of more renewable energy such as wind and solar in particular. Thus ‘smart’ technology is the provider of increased efficiency, reduced cost, increased integration (flexibility/ sustainability) and improved healthiness or eco-friendliness (clean, safe and secured).

Attaining a sustainable environment starts from us as individuals and our homes. Having a ‘smart’ home doesn’t necessarily mean the home will look very differently physically except when using sustainable architectural designs in putting out our buildings or structures. Even right now, in many cities across the developed nations, new equipment, appliances, and software are available that use emerging Smart technologies to save energy, seek out the lowest rates, and contribute to the smooth and efficient functioning of our human operations or doings.

Having computerized (networked) controls in our home and appliances can be set up to respond to signals from your energy provider to minimize their energy use at times when the power is under stress from high demand, or even to shift some of their power use to times when power is available at a lower cost.

However, ‘Smart’ technology consist of millions of pieces and parts—controls, computers, power lines, and new technologies and equipment. It will take some time for all the technologies to be perfected, equipment installed, and systems tested before it comes fully on line. And it won’t happen all at once—the ‘Smart’ technology is speedily unfolding, piece by piece in this century.

In the same vein, generally speaking, the vision of ‘smart’ growth or movement encompasses major elements from advanced metering, power electronics and information management to renewable and distributed energy resources, and home and electric vehicle energy management.

Conclusion

 Having or creating a ‘smart world’ is same as creating a world of efficient energy utilization and conservation even via our gadgets and other devices. At the very worst, information technology should be seen as our help out of the dilemma of sustainable environment biting on all humans in this 21st century.

Hence, the day to day products of technological advances are what create the unending intercessory point between Information Technology and sustainability and has brought their movement or progression parallel to each other. If the ‘smart’ technology grows to a point where it becomes fully-fledged we would simply be having a highly ‘sustainable’ environment. Indeed, Information Technology is the architect of sustainable environment and it is safe to say that creating a ‘smart’ world/ ‘smart growth’ could simply interpret as creating ‘sustainable world’.

A ‘Smart’ World – The Future

Reminisce on how far we have come in the 21st century; can you see the advancement technological wise and beyond? However, the questions which are by far more important are; how far we are still going? Or where we are going? And how will we get there? – The future.

Where we were
In the days of Shakespeare, sending a message to a person in another city was a big deal. Because, at that time, every message required a great deal of energy from the moment someone wrote it to the moment the recipient read it. I mean, you had to hire someone to carry the message for you. That person might have to walk or ride many miles to get to the destination which could be a dangerous journey.
In the same vein, we all know what a safe box or safe house meant to us a several decades ago. It was physical and built with strong/heavy materials and we preferred it no to be within the immediate reach anyone. Sometimes, it could be as small as a safe box of has big as a safe house which evidently makes it uneasy to hide. Bearing in mind that secrecy is the ultimate bedrock of security, we can only now realize how unsafe our belongings or information were, couple with the fact it was very stressful.
Even after the advent of computer which made information a bit more efficiently organized, everyone with a computer still spends a lot of time acquiring data and then trying to find a way to store it. For some computer owners, finding enough storage space to hold all the data they’ve acquired is a real challenge. Some people invest in larger hard drives. Others prefer external storage devices like flash drives or compact discs. Desperate computer owners might delete entire folders worth of old files in order to make space for new information. What an ‘optionless’ way to deal with simple issue!!

Where we are
Though the internet is just a few decades old , it short span of time has brought significantly new changes/experiences as things are much more civilized or rather ‘hi–tech’. You can boot up a computer, tablet, Smartphone or even video-game console and zap off a dozen messages in just a few minutes. Even better, the messages will arrive in the inbox belonging to the recipient nearly instantaneously.
Likewise, the option of ‘cloud storage’ is now open for the access and storage of personal, interpersonal and general information/data. Picking a clue of its meaning may be far what it actually is because it sound like it has something to do with weather fronts and storm systems, it refers to saving data to an off-site storage system maintained by a third party (database ) which you are given access to via the internet.
On the surface, cloud storage has several advantages over traditional data storage. For example, by storing your data on a cloud storage system, you’ll be able to get access to that data from any location that has Internet access. That is, you wouldn’t need to carry around a physical storage device or storage house. In addition, with the right storage system, you could even allow other people to access the data, turning a personal project into a collaborative effort.¬

Where we are going?
Light speed is considered the universal speed limit of everything, and this is widely accepted by the scientific community especially going by one of the tenets of Einstein’s Theory of Special Relativity which postulates that nothing can travel faster than the speed of light in a vacuum.
In corollary, it is not coincidental that Internet operates at near light speed (6c-.7c). This is so because of the denser-than-vacuum medium that internet data packets travel. Also, digital information such as Internet packets travels at 2/3 of the speed of light on copper wire and on fiber optic cables.
The most revealing explanation is here and it’s simple; electricity (the fastest and most dynamic energy) has proven to be the most efficient source of energy because it affords us the highest flexibility. It is the most compatible, most conservative or renewable and most consumable or usable therefore making it the most transformable.
Without the possible understanding of the connectivity of electricity and its computations, the advent of internet would have remained a day dream till this day. The inherent composition of the microscopic elements of the electricity and its computation via understanding, creatively paved the way internet which I consider an ‘innovative-invention’

How we are getting there, the Future
Information technology combined with electrical and thermal infrastructure make up the Modern energy systems though existing modelling and simulation tools are not capable to cover such systems in all of their aspects. The sum of this evolvement gradually becoming phenomena and going monumental is captured in what is called the ‘Smart Grid’
The concept which was developed in 2006 by the European Technology Platform for Smart Grids explains the marriage of information technology and electrical power system which has become the next-generation/ 21st century utility electricity delivery system.
Much in the way that a “smart” phone these days means a phone with a computer in it, smart grid means “computerizing” the electric utility grid. Smart grid generally refers to a class of technology which has come to describe a next-generation electrical power system that is typified by the increased use of communications and information technology in the generation, delivery and consumption of electrical energy. It has proven to be embedded with several advantages which are able to give it headway in the next generation when/ where aggressive progression in sustainable growth is a can’t-do-without. This is an example of how and where the movement environmental sustainability intersects with information technology.
In furtherance, a key feature of the smart grid is automation (digital) technology that lets the utility adjust and control each individual device or millions of devices from a central location. In addition, it allows for two-way communication between the utility and its customers.
The sensing along the transmission lines which exhibits as ‘self-healing technologies’ is what makes the grid smart. In short, a smart grid employs innovative products and services together with intelligent monitoring, control, communication, and self-healing technologies. Going by the triangle of energy efficiency, we can certainly say that Smart grid is sustainable, economic and secure/safe form of energy creation and distribution – optimization.

The Future
In an attempt to drive my point home the more, let’s take a cue by harking back to how we used computers before the Internet. They were useful, yes, but isolated. With the growth of the Internet, all the computers in the world could be easily linked, allowing for better communication, information sharing, and data transfer. The Internet turned a regular computer into a much more powerful tool. The same is true of the smart grid.
Space travel is just one of the possible applications of reaching or exceeding the speed of light which explains why operations and latest evolution of information technology is married to electric power system – smart grid. Albeit the implementation and spread of this phenomenon is gradually losing its substance as a challenge which is made so by learning that the designed algorithms need to be compact, computationally inexpensive, potentially self-organizing and intrinsically stable if applied to real energy systems. This was preached in some of research works of the early scientists like Nikola Tesla and exemplified more recently in products like the Tesla Motors.
The smart grid of the future will reflect the way we live today and the number of applications it can be used on once the data communications technology is deployed is growing as fast as inventive companies can create and produce them.
It will act much more like an interactive web, or “energy Internet,” with two-way communication, multi-directional power flow, and closed-loop automation at its core. The smart grid is, in essence, an “energy Internet,” delivering real-time energy information and knowledge.

In conclusion, ‘smart grid’ is an integral component of ‘smart growth’ and the achievement made in her sphere is quite laudable especially when looking at it from its contribution to a sustainable environment. Without ‘smart grid’, the takeover of ‘smart growth’ will be stalled and birth of a ‘smart world’ will either be aborted or prolonged.
This is so because the Smart Grid represents an unprecedented opportunity to move the energy industry into a new era of reliability, availability, and efficiency that will contribute to our economic and environmental health via its enablement of the integration and optimization of more renewable energy (such as wind and solar) and plug-in electric vehicles.
In closure, a ‘smart world’ is a world of efficient energy utilization and conservation – ‘energy optimization ’. That is unlike the days of Shakespeare when sending a message could take a tone of energy or when organization data/information could literally be seen as quite laborious; all of these activities can be now be done seamlessly in a single click and on –the-spot even more conveniently and flexibly to the glory of advancement in information technology and electricity optimization.

A Rich Man Simply Means a Man of Leverage

At what age in your life did you start seeing greatness in yourself? I can’t remember mine because I was way too young. There are two ways to the top; you can take the ladder or the use the elevator.
A rich man simply means a man of leverage. If you can work progressively (in a good organisation) all your life (probably till about age eighty,) you might eventually become a millionaire or billionaire. That is, a rich of (say your age) is living about 5, 10, 15, 50, 500 years ahead of you.
Fine, Ladder is a safe way to the top but leaves you at an average. More pathetically because you feel you have burnt so much energy climbing to the top and you probably should be higher than where you are but there you are for real. But with an elevator, you are leveraged. Think wisely and choose wisely

 

Moral Lesson

Time is always of essence

Don’t move too slowly in life, you’d be moving but will still be behind

Wealth and riches is not something you die trying to get.

A rich man simply means a man of leverage

The Hoe and Cutlass of the 21st Century

There used to be a very popular ancient and proverbial song notable with the Yoruba tribe of Nigeria which simply and succinctly interprets that literacy without hoe and cutlass is incomplete.

This statement, of course, sounds quite funny to a typical person of the 21st century. But notwithstanding, truth is timeless and as such; what message the song passed and still passing is more or less wholistically reflected in the today’s world in the Alvin Toffler’s famous quote, ‘The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn’.

Before we go on, I’d like for us to have a short recap on what literacy and learning simply and distinctly means.

The elementary definition of an illiterate is someone who is unable to read or write. However, considering that we live in an increasingly complex, diverse, globalized, and multimedia saturated world driven by innovative ideas, knowledge, and technologies, literacy or illiteracy has birthed a redefinition in this rapidly changing environment. This is what has metamorphosed or changed the ‘hoe and cutlasses of this century to not be an object as they in fact are but a concept.

Thus, taking a more critically look at what Illiteracy means would afford us a more clear-cut view on who an illiterate indeed is in this century . Illiteracy, on one hand, refers to a situation whereby someone is ignorant of fundamentals of a given art or branch of knowledge. That is, being quite short of knowledge in a particular field. Thus, an illiterate is that person who suffers from this situation.
Moreover, Learning is the art and science of acquiring knowledge through study, training, or even through experience though ordinarily from time, learning has been seen to be nothing more or less than reading or writing.

More importantly, learning is a process. This means that it goes hand in hand in time. Since time is endless, learning too is or should be and the only way the journey of learning becomes timeless is through kick starting f the engine and process (es) of unlearning and relearning.

Learning and teaching cannot be separated. Learning is the art of sieving and sinking down teachings acquired through study, training or even through experiences. Learning is an art and it is a personal (self), not a third party thing.

Learning is personalizing knowledge gained in your way. It is materializing with what you have been taught. It is been able to replicate what you have been thought with your own created originality. It is something you can be defined with. It is you.

The goal of learning is simple; it is for you to have knowledge of a thing for yourself, by yourself and in yourself. However, always realize or recognize that no one have knowledge at this three level of depth outside an unlearning and relearning process. Learning alone is quite superficial and it is only via the mechanism of unlearn and relearning that we concretize it. This is because unlearning and relearning are the keys that open the inner doors to the heavens of timeless knowledge.

Also quite important to know and note is that Unlearning and relearning go hand in hand as they usually happens together but they should not be mistaken or misinterpreted as one forgetting the things he had learnt and learn it again at some point of time in his life. We learn as much as we unlearn because one’s existing knowledge is one great hindrance to future learning.

The Merriam-Webster dictionary defines unlearn as “1: to put out of one’s knowledge or memory, 2: to undo the effect of: discard the habit of”. Thus, on one hand, Unlearning happens when you are receptive prospective to the things you already know. There is so much we unlearn without much effort. Knowledge not often revised and updated, skills not regularly practiced and beliefs shattered by contradictory experience are all day-to-day examples of unlearning.

On the other hand, Relearning happens when you accept a new perspective and appreciate your knowledge from that perspective. You can’t relearn if you haven’t unlearned as unlearning is the only prerequisite needed to relearn. That is no matter how well your present knowledge, skills experiences and beliefs serve you, you must always and forever be willing to create room for a superior or new knowledge. This explains what I say that a word with an open heart can create a daunting more impact in a man’s than with a sword

In conclusion, it was Charles Darwin, who said that “It is not the strongest of the species that survives, or the most intelligent, but the one most responsive to change.” A such, We ought to know that learning is a bottomless pit and whosoever falls inside and doesn’t continue fall has simply stopped learning which translates as stagnancy however unobvious. In one sentence, unlearning and relearning make the hoe and cutlass of the 21st century.

One World Religion: Its Possibility and Attainability

Taking a look around the world, one would see, smell or feel the societal instability speedily getting ubiquitous. Though various factors have been traceable to this menace, religion has, however, been one of the most blamed for it. The question as to whether one world religion is attainable and if it would be a lasting solution to the societal chaos which is already going global have long been on the lips of truly concerned persons. Perhaps this is what prompted the Nigeria chapter of the Rosicrucian Order AMORC to theme its 40 years anniversary celebration as ‘one world religion, is it attainable’. The answer to this salient question, I would say, is essence of this article.

At present, the world is full over 55 religions having Christianity and Islam as the most prominent. However the disparities or differences (view-wise) between these two religions is enough ground for controversy or conflict socially and beyond. We can then picture what the chain reaction emanating from differences or disparities in all the religions is capable of giving birth to. Therefore, making a case for one world religion is worth an urgent addressing.

For two objects to move at the same speed, they must be first of equal properties and must be under the same influence which is we often use the word ‘Ceteris paribus’ in any scientific comparison. As such, for two human beings to unify in actions and reactions, they must as well share equal properties and be under the same influence. This indeed is the underlying concept of feasibility of one world religion.

These influences as it pertain to human are basically two, knowledge and understanding. That is, if we all have the same access of knowledge and the same level understanding, we would all have a unified mode of action or reactions as the case may be. However, the question is can we all have in equality a simultaneous knowledge and level understanding?

Bearing in mind that knowledge is the candle, the match stick is understanding and the flame is wisdom, Knowledge and understanding are quite affected or influenced by numerous factors which makes the possibility of the equality of knowledge and understanding running concurrently in every individual a needle in the haystack kind of affair.

More so, Knowledge is light and it could be internal or external. It is internal when it trapped in form of wisdom through the membrane of understanding which is why is internalising every knowledge is the primary characteristic of any wise man as externality light is susceptible to externalities which may impair wisdom having.

Having a one world religion is like having one-world perfection. How do I mean? If the two persons, ceteris paribus, have the same access of knowledge and the same level of understanding, they would not see any flaw in each other because they would be seeing each other as ‘perfect’. It means that their individualist perception on any matter will be nothing short of a hundred percent in identity as our actions and reactions are a function of our wisdom and not necessarily our feelings. Having a one world religion is like what the Christian mean as rapture where the saints- ‘perfect ones’ unifyingly ascend to heaven.

Religion on one hand is actually a faction of education but most people do not realise this or fail to see it as such. Each religion can be seen as a form of institution- though a unique type- and so, we are students of such institution. It may not be completely safe to call all religion a spiritual institution but it ordinarily is or should be. This is in fact what makes for the ever relentless noise of religious debates which is now phenomenal owing to the monumental crisis hitting the ball of the world on all sides.

The world religion which is now numbering over 55 all shelled out from a single egg of religion which explains that religion which ordinarily should have a unified purpose now has variants and has prompted the schooled members of the originated religion to pull out either gently or vehemently even under the disguise of human rights, democracy and civilisation. This further explains why certain doctrines are common in almost all the religions though may be in different modes.

The coming together of the broken-out nuclei turned organs of the original single entity of religion is of course not impossible but quite unattainable. One reason for this is that, as stated, the force and wisdom required for things to unifying or reunifying is always exponentially more than what is was or is needed for them to separate. It is like having an adult return back to his mother’s womb even when knowing it is almost impossible for a minute old baby.

In conclusion, Age, environment, personal urge or thirst-mystic, basic human make up – spiritual, physical and mental among others are all general influential elements of knowledge and understanding. All of these elements are individualist in nature and as such the chance of each and every person having them equally is as slim as throwing an object in the air and expecting it not to come down. In short, one world religion is not impossible but it is not unattainable.

Thickening the Thin Line between Invention and Innovation

Successfully distinguishing between innovation and invention is quite synonymous to looking for a needle in a haystack as most people struggle to separate the strand that connects these two concepts together.

This is even more so as these two words and their contextual meanings are often used as synonyms of each other perhaps because of the endorsement of the definitions given to them by most dictionaries.

However, more cogently, the word ‘invention’ simply means ‘to create or originate something- process or product- that has not existed before’. This definition explains and draws the boundary line of what ‘invention’ contently entails. In other words, an invention is and must be a creation or an origination of something that yet exists.

On the other hand innovation simply means ‘to make changes or introduce something new – methods, ideas and so on – in something that’s already established. That is, introducing or making changes in something that’s been created or originated- invention.

Therefore, looking at it from a crystal view, invention comes before innovation. It is what gives basis to the existence of innovation in the first place. Invention is like a founder or pioneer whereas innovation is successor.

By my definition, ‘Innovation’ ‘is act of making-up or adding-up to an already invented or existing product, a later discovered and necessitated requirement (s). This add-up or make up could be change(s) in the process but not the overall product and it could affect the outward appearance of the product or the inward part’.

In plain terms, innovation can be said in today’s word to mean the ‘sustainer’ of inventions. It is what sustains or upholds the already erected or established works of inventions. This could be done via various strategic means like upgrades and updates and so on as it affects either the software or hardware aspect of the product or device for a higher efficiency and a better effectiveness.

This is done most times in light of increasing the spectrum and marketability of such products as demonstrated and reflected in the managerial practices of most organization. In fact, innovation can be seen as an adaptive management technique which is designed to address the complexities that are yet to be resolved in the already created products or processes.

On another note, the reciprocal of the above could be the case; that is, where or when there is no invention in existence, innovation becomes what makes up for the existing gap or short comings in meeting requirement(s) or demand(s) of peoples’ need which may eventually graduate to an invention.

In conclusion, invention happens once but innovation happens continuously. Innovation births a form advancement or enhancement to what invention’s already created. This is what thickens the thin line that lies between the two concepts.