Bob Holland — Creating New Markets

TrackBacks (0) Comments (5)

Bob Holland created the CIS Department at Eastern Michigan University and then went on to found five companies.

Like this? Let us know with a $5 donation, so we can do more

In this slightly over 12 minute podcast (download iPod compatible, 65MB), Bob Holland and I discuss his early career and the five companies he has built. After graduating from his Ph.D. program at Virginia Tech in the 1970s, Bob was interested in creating a degree program where students would learn about system dynamics. His idea was to promote the field by training students who would arrive at their employers and ask for the tools required, namely computer equipment. He was able to sell Eastern Michigan University on this idea, and so he came to Michigan, founded the CIS Department at Eastern Michigan University, and stayed.

Once Bob got the program at Eastern Michigan underway, he decided he would prefer to get back to business and proceeded to found five new companies. What struck me in this part of the conversation was Bob's drive to move toward the cutting edge, found a company, and then sell, an attitude he confirmed at the end of the conversation.

As Bob notes toward the end of the discussion, he prefers a type of innovation where he is creating new markets, finding things that people will want but do not know it yet. This style is different from some other innovators we have spoken with, like Victor Naidu, who are attempting to figure out how to fill already existent, perceived gaps in the market place, or like Bill Michels who are attempting to figure out how to replace existing products in the market place.

0 TrackBacks

Listed below are links to blogs that reference this entry: Bob Holland — Creating New Markets.

TrackBack URL for this entry: http://michiganinnovators.org/cgi-sys/cgiwrap/fpgibson/MI/mt41/mt-tb.cgi/23

5 Comments

This Podcast is all about taking the knowledge you have and creating new markets as the markets expand. Bob Holland began targeting business' almost 40 years ago with his idea to expand computer training in Universities. This gave him an advantage because businesses did not know what and advantage already trained employees would be. He then decided to branch off and open a company that helped to set up networks within organizations. As he says in the podcast this is a problem that now has a solution, so instead of staying in the changing market where the need for solutions was decreasing he began yet another business. He took his knowledge and passion for computer systems and continually found ways he could expand the market. This was really interesting, based on how he opened three different successful businesses all based around computers yet all completely different target markets. One note to the interviewer, the concert or music going on in the background is very distracting to the interview. Lena Heyn EMU Student E00243434
Chris Puzzuoli on June 8, 2008 9:42 PM
This interview gives a really great look into the attitude of a true entrepreneur and what it takes to be successful when starting and operating new businesses. As I've learned time and again through the entrepreneur class, entrepreneurs need to be creative and constantly striving to improve themselves and the businesses they get into. Through the interview with Bob Holland, we see how an entrepreneur can maximize his or her skills in creativity. Bob shows us how to be creative by not only getting into existing markets, but by also creating new ones. This leaves out the competition aspect entirely since a new market wouldn't have that factor put into it until later on when it is discovered by others as well. We also see Bob as a great example of several different types of an entrepreneur all rolled into one. He is partially a serial entrepreneur because he repeatedly starts new businesses and grows them to a sustainable size only to sell them off. He leapfrogs from business to business until he either gets bored or has a new idea for a business and goes onto his next task. Through this, we see Bob's motivation and willingness to work are two key characteristics that entrepreneurs need to survive regardless of which market they choose to work in. This doesn't mean that everybody should be like Bob and leapfrog from business to business, but it does mean that anybody who aspires to own and operate a successful business needs to have the fire and determination like Bob and many of the other entrepreneurs on the web site who show the same level of enthusiasm about their jobs and they products and services their respective companies offer. In the second part of the interview, Bob explains that it's not always just enough for an entrepreneur to have a new and innovative idea or product, but that they must also know how to communicate with companies and customers in the market by having the proper tools and data in place before said idea or product is put into the market. The entrepreneur must be willing and able to do his homework on the market and what kind of strategies will need to be implemented to show the market that the product is truly innovative and worth being purchased. This kind of goes along the lines with what was said in my management textbook about starting a web site. Just because it's put out there doesn't mean anybody is going to be wanting to see it unless they are properly informed about why they should visit. This also takes determination and desire on the part of the entrepreneur. Chris Puzzuoli
Nicole McCoubrey on September 23, 2008 2:12 PM
As a returning student who is finishing my Bachelor's degree and is preparing to start a Master's Program in the spring-I was especially interested in hearing what Bob Holland had to say since he is not only a successful entrepreneur but also the former head of the CIS department and established the program at EMU. For me, it was interesting to hear how he was able to see this missing element within not only the educational training that was available in this field but also in how he developed the Business venture that worked to optimize computer networks within various businesses. It was obvious that he had a well developed Business Plan that helped him to take his idea from simply that, an idea to the full product and service that was able to accomplish the end result. This application was not targeted for a specific type of business instead for ANY business that was looking to streamline and integrate all IT aspects of the company while reducing costs. As now the Chairman of TEC Detroit, he coaches companies to do what he has done for 30 years successfully. Bob has demonstrated how his companies have created a "Competitive Advantage" that set his company apart from other competitors and now works with emerging companies to help them in turn build a competitive advantage to do the same. One of the main reasons I am interested in this field is because I want to focus on the consulting aspect vs. the technical development of the programs whereas I work with the company to establish cost saving measures, work with the IT department to evaluate the current systems and determine if they are acceptable with changes or need to be scraped and a new system brought in and help implement and train the existing employees to ensure success within the company despite resistance to change. What additional courses should I pursue to develop the skills necessary to enable me to successfully make this transition? What types of internships should I be focusing on to further develop and implement the skills learned in the classroom? What recommendations can be made to better prepare me for the types of fields I should be focused on; industrial, health care, automotive, etc… This semester I am taking two wonderful courses that I believe cover the basics of this program: Management 388 Introduction to Entrepreneurship and IS 350 Enterprise Resource Planning. I would like to know more about this field in regards to whether or not I need to have a background in the technical side of computing or what role/program should I be following to pursue a career that encompasses what I described above. Nicole McCoubrey EMU Student
William Larkins on November 18, 2008 11:54 AM
Bob Holland is a very intelligent individual. He saw opportunity in a market and went for it. A lot of people wouldn’t believe in what he was trying to sell but one school did. Our great Eastern Michigan University took interest in what Bob Holland was talking about. He implemented his idea and Eastern Started writing the curriculum and hiring staff till he started the CIS program at Eastern. This is great because he saw opportunity and went after it. This is the basis for an entrepreneur. The University of Michigan saw the potential and wanted to implement it into their Business program. He would eventually start working with all the schools in the MAC and many other schools around the country. Bob noticed that networking was getting big and he wanted to peruse a business in optimizing this potential. He was asked to be a dean but he turned it down to start his own business. This is inspirational and exciting. He could have taken the safe round and just been a dean but he took a chance with his idea and started working with fortune 500 companies and his business grew.
Rodney Richardson on March 31, 2009 11:15 AM
Hello Mr. Holland. I applaud your ability to mentor the groups and create something that thoroughly enhances life. Selling Eastern Michigan University on the idea as well as other institutions. Your innovative mind and determination founded the CIS Department. It is without question that your style invents new markets. Good luck in the future.

Leave a comment

From Our Readers

Subscribe by Email

Enter your email address:

Network Businesses

From the New Enterprise Forum