Ockham Technologies

The start-up problems Jim Triandiflou experienced when creating his new business venture, Ockham Technologies, are similar to those that many other start-ups have experienced or will soon encounter. When creating a new business, it is important that those involved in the process have clearly defined roles, and that they know where they stand in the hierarchal structure of directors. It is also important that when a business is deciding a board of directors, they are willing to fully commit to the organization. The early days of Ockham Technologies were slightly unsteady, and many of those who were involved in the beginning did not fully commit to the organization, or understand their exact role in the company. As Ockham Technologies began to gain traction, the cofounders, Jim Triandiflou and Mike Meisenheimer, began to make decisions without
Although Triandiflou created a technology company, he clearly stated that he was interested in, “the best overall athlete”. He was not necessarily interested in those who had a background in technology, rather, he wanted to have those on his team who were well rounded and able to succeed in a variety of different things. Things seemed to be working great with his board, up until the day they had to submit a prototype to a group of IBM executives at a conference in Florida. The lack of technology backgrounds with many of the directors made it difficult for them to fix flaws in their prototype, or even truly understand what was the prototype that they were trying to sell. Triandiflou was more interested with directors who had strong selling skills and could market items the company had produced. I believe that although he had a board of directors who had a strong variety of intangible skills, the lack of those who possessed strong technology backgrounds made it difficult for them to truly succeed as a technology