Steve Jobs Chair 

 (1955-2011)

The Steve Jobs Chair was created by the Columbus International University Online Higher Education Campus (ciuohecampus) on January 1, 2012 in recognition of his contribution in Computing & Communication Technology. Although Steve Jobs only had formal primary and secondary school education and very little formal higher/tertiary education but he had acquired excellent higher/tertiary education informally.

This is the type of potentials that ciuohecampus is looking forward to admit, develop and yield. Ciuohecampus goes beyond formal methods/methodologies in acquiring and imparting knowledge. Steve Jobs did not graduate from Caltech or MIT like many of his peers in the industry who are from top notch institutions who end up doing routine monotonous tasks. Steve Jobs had an extremely tough life in his earlier days. He took and faced all the challenges and finally he achieved what he wanted to achieve. Almost all of us know who our biological parents are but he is one of the rare ones out there who didn’t have a chance to know this. But, Science and Technology will continue to be refined in this century.

By the end of this century there will be a question mark against formal higher education. Diplomas, Degrees, Masters and PhDs may be still relevant in seeking vacancies but whether formal education can yield another Steve Jobs is a question mark. This chair is dedicated and plays the role of identifying brilliant informally educated/groomed candidates internationally like the late Steve Jobs and assisting them to change the way we live and lead life globally as humans.

The New Rules For Individuals, Companies And Countries In A Knowledge-Based Economy…. Lester C. Thurow

RULE ONE: No one has ever become very rich by saving their money. The rich see opportunities to work and invest in situations where large disequilibrium’s exist. This was as true for John D. Rockefeller as it is for Bill Gates. In both cases their lifetime savings constitute a small fraction of their total wealth. Carefully saving one’s money and investing in normal equilibrium situations can make one comfortable in one’s old age but never really wealthy.

RULE TWO: Successful business must be willing to cannibalize themselves to save themselves. They must be willing to destroy the old while it is still successful if they wish to build the new before it is successful. If they won’t destroy themselves, others will destroy them.

RULE THREE: Businesses that would grow rapidly with high profit margins must take advantage of technological disequilibrium’s, exploit developmental disequilibrium’s, or create sociological disequilibrium’s. All other activities are slow-growth, low-rate-of-return commodity businesses.

RULE FOUR: Understanding, recognizing, and accepting the limits imposed by their genetic weaknesses is the beginning of wisdom for all organizations. The secret of success is finding places to employ one’s resources where those weaknesses are irrelevant.

RULE FIVE: Humans have discovered how to operate successful capitalist economies in the midst of modest inflation, but not how to operate them in the midst of even mild deflation. Given a choice between the same rate of inflation or deflation, take the inflation every time.

RULE SIX: There are no institutional substitutes for individual entrepreneurial change agents. The entrepreneur winners of game become wealthy and powerful, but without entrepreneurs, economies become poor and weak. The old will not exit; the new cannot enter.

RULE SEVEN: Any society that values order above else will not be creative, but without the right degree of order, creativity disappears as if into a black hole.

RULE EIGHT: The economic payoff from more social investment in basic research is as clear as anything is ever going to be in economics.

RULE NINE: Knowledge-based capitalism isn’t going to work without a new system for determining who owns or controls intellectual property rights. Capitalism requires clear, easy-to-enforce ownership rights.

RULE TEN: The biggest unknown for the individual in a knowledge-based economy is how to have a career in a system where there are no careers.

RULE ELEVEN: Only those interested in the future build tools. Whatever they might say, those who build few tools are not interested in the future.

RULE TWELVE: Economic and environmental progress are synonyms-not antonyms.

FINAL RULE: Luck is necessary. Talent, drive, and persistence by themselves aren’t enough to get wealthy.