BLOG: Digital Financial Reporting
This is a blog for information relating to digital financial reporting. This blog is basically my "lab notebook" for experimenting and learning about XBRL-based digital financial reporting. This is my brain storming platform. This is where I think out loud (i.e. publicly) about digital financial reporting. This information is for innovators and early adopters who are ushering in a new era of accounting, reporting, auditing, and analysis in a digital environment.
Much of the information contained in this blog is synthasized, summarized, condensed, better organized and articulated in my book XBRL for Dummies and in the chapters of Intelligent XBRL-based Digital Financial Reporting. If you have any questions, feel free to contact me.
Entries from December 25, 2011 - December 31, 2011
Metacool: Innovation Principles
Metacool has a great list of innovation principles. My favorite is number 4:
"Prototype as if you are right. Listen as if you are wrong."
Here is their complete list:
- Principle 1: Experience the world instead of talking about experiencing the world
- Principle 2: See and hear with the mind of a child
- Principle 3: Always ask: "How do we want people to feel after they experience this?"
- Principle 4: Prototype as if you are right. Listen as if you are wrong.
- Principle 5: Anything can be prototyped. You can prototype with anything.
- Principle 6: Live life at the intersection
- Principle 7: Develop a taste for the many flavors of innovation
- Principle 8: Most new ideas aren't
- Principle 9: Killing good ideas is a good idea
- Principle 10: Baby steps often lead to big leaps
- Principle 11: Everyone needs time to innovate
- Principle 12: Instead of managing, try cultivating
- Principle 13: Do everything right, and you'll still fail
- Principle 14: Failure sucks, but instructs
- Principle 15: Celebrate errors of commission. Stamp out errors of omission.
- Principle 16: Grok the gestalt of teams
- Principle 17: It's not the years, it's the mileage
- Principle 18: Learn to orbit the hairball
- Principle 19: Have a point of view
- Principle 20: Be remarkable



