Wednesday, September 3, 2008

Rick Bayless: from top chef to Mexican food "angel investor"


A recent article in Chicago Business News shows an interesting case of what I defined as a "strategic client" (an industry leader, a trend-setter and path-breaker that raises our "performance bar" as suppliers): Rick Bayless.
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Bayless -one of United States top ten chefs, internationally awarded and nationally famous- is an enthusiast of Mexican culture and food and developed during the eighties and nineties a couple of emblematic, high-end, gourmet restaurants in Chicago -Frontera Grill and Topolobampo- specialized in Mexican food and art.
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Once a year, Bayless takes his two restaurants entire staff -about 100 people- to different Mexican locations for an "immersion experience" in the original Mexican culture and food. This is for him the basis for innovation and experimentation as well as for a unique client experience in his Chicago restaurants, supported by people with his same passion and personal commitment to Mexican food and culture.
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During recent years, Bayless created a cable show "Mexico: One plate at a time" on Public Broadcasting System TV where he not only shows the culinary tradition of different regions of Mexico, but also cooked on location, commented the culture and introduced a brand of "Frontera Grill" food products.
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In 2007, Bayless introduced prepared meals sold through high-end food stores in the US such as Whole Foods and Fox & Obel, and created "mini-Frontera" food courts in US airports and Sears stores.
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His last adventure, however, shows how the passion for a product and a client experience turns frequently into helping others as "angel investor". Bayless' Frontera Farmer Foundation awarded grants for up to 450,000 dollars annually to local farmers in the Chicago area, promoting locally grown , organic food and all-year natural ingredients.
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The "half million dollar" questions are:
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  • How could PII and ITSON use Bayless' experience and expertise?
  • How Frontera's food experience and products could be applied to our products and services?

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Additional References

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The Fall and Rise of the Low cost laptop: lessons learned


A recent article on The Economist provides new information on the development of the famous MIT program "XO Laptop" -popularly monicked "the 100 dollar laptop"-.
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Presented in 2005 by MIT professor Nicholas Negroponte in 2005, this small PC was specially designed to operate in hostile Third World environment without electricity -it uses mechanically rechargable and solar batteries- , under sever weather and condions -its extra bright screen can be used under sun light and the cover can take hits against the floor- and with a price of 100 dollars.
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In order to make it cheaper, Negroponte discarded the use of Windows or any other paid OS, recurring to Linux and open source, "free" software.
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The primary purchasers were to be African and Asian developing countries governments, and Negroponte's business case estimated a demand for several million XOs.
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Unfortunately, the demand never materialized and -after 3 years- only 300,000 XOs were sold, mostly to customers in developed countries interested in low-cost PCs.
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Critics of the program emphasized that it was never clear for the customers the priority of XOs over food, education or other pressing necessities.
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Other critics pointed out that -by leaving out large PC producers such as IBM and Microsoft-, the XO project didn't have the working capital to distribute and finance an even cheaper product.
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The XO failure to achieve its original goals wasn't as bad, however. The new machine ushered a new class of low-cost PCs for the low market in developed countries and attracted new products from both MIT and competitors that might end adding more options for low-end users in developed countries.
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  • What are the "lessons learned" behind the XO story?
  • How these lessons apply to our PII projects?

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Additional Reading and References

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