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Jay Walker States Problems Will Be Solved By Small Teams Working On Specific Pieces

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  • Date Added : 4/16/2009
  • Clip Duration : 1 min. 11 sec.

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Jay Walker

  • President, Walker Digital
  • male
  • Caucasian
  • 1955 (Age: 69 years old)
  • Jay Walker - Lecture - Entrepreneur of the Year Keynote
  • Video 1 of 14 in this Case
  • View All Available Videos

Biography

Jay Walker is one of America's best-known inventors and entrepreneurs and is one of a dozen or so living inventors worldwide to hold 200 patents in multiple fields.

Walker, and a team at Walker Digital, LLC, his invention laboratory, created the central ideas behind priceline.com, the groundbreaking "name-your-own-price" company for airline tickets and hotel rooms.

Walker has also created a number of other successful businesses, including New Sub Services (now named Synapse) a company he co-founded and that revolutionized the magazine subscription industry and was recently sold to AOL Time Warner for $600 million. Walker also co-founded Target Communications, a conference and publishing company which was sold to Primedia in 2000.

Mr. Walker is currently chairman of Walker Digital, LLC, a Stamford, Conn.-based laboratory that invents entirely new ways for businesses to operate and serve consumers. Walker Digital is not a consultancy, but a privately funded active research laboratory that use long-term interdisciplinary invention teams to create solutions in the same manner and style as the original Edison laboratory. Successful inventions are licensed to industry or used as the core intellectual property of innovative startups for which the laboratory provides both personnel and funding. To date, Walker Digital has invented over 600 proprietary business methods addressing dozens of significant business problems in a wide range of industries such as travel, data security, retail, automotive, restaurants, groceries, financial services, gaming and entertainment.

Walker's inventions and innovations have been widely recognized. He has twice been recognized by the editors of TIME magazine as one of the 50 most influential business leaders in the digital age. Business Week selected Jay as one of its 25 Internet pioneers most responsible for "changing the competitive landscape of almost every industry in the world." Newsweek named him as one of three executives at the forefront of the Internet commerce revolution.

Walker and his wife have two children and live in Connecticut. He holds a B.S. degree in Industrial Relations from Cornell University.

So when we look at teams we look at a solution space or a problem space that is manageable. Even the problem of turning the ship of Cornell is not a problem. That is an entire description of a set of problems, a set of problems that may have been a long...(Full transcript available to logged in subscribers.).

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Jay Walker videos

Video 1 of 14 Jay Walker Discusses Opportunities For Work At Non-Profits
  • Jay Walker - Lecture - Entrepreneur of the Year Keynote
  • 4/16/2009
  • Jay Walker
  • 3 min. 16 sec.
Video 2 of 14 Jay Walker Shares Brief Outline Of Social Entrepreneurship
  • Jay Walker - Lecture - Entrepreneur of the Year Keynote
  • 4/16/2009
  • Jay Walker
  • 6 min. 21 sec.
Video 3 of 14 Jay Walker Emphasizes The Importance Of The Global Digital Network
  • Jay Walker - Lecture - Entrepreneur of the Year Keynote
  • 4/16/2009
  • Jay Walker
  • 5 min. 8 sec.
Video 4 of 14 Jay Walker States Era Of Entrepreneurship Has Arrived
  • Jay Walker - Lecture - Entrepreneur of the Year Keynote
  • 4/16/2009
  • Jay Walker
  • 4 min. 54 sec.
Video 5 of 14 Jay Walker States Entrepreneurship Of This Century Will Be Based On Information Management And Delivery
  • Jay Walker - Lecture - Entrepreneur of the Year Keynote
  • 4/16/2009
  • Jay Walker
  • 4 min. 12 sec.
Video 6 of 14 Jay Walker Discusses Tremendous Opportunities In Virtually Every Field
  • Jay Walker - Lecture - Entrepreneur of the Year Keynote
  • 4/16/2009
  • Jay Walker
  • 4 min. 20 sec.
Video 7 of 14 Jay Walker Explains The Org-Dot Company Concept
  • Jay Walker - Lecture - Entrepreneur of the Year Keynote
  • 4/16/2009
  • Jay Walker
  • 3 min. 48 sec.
Video 8 of 14 Jay Walker Advices Students About The Possibility For Serving Others At A Massive Scale
  • Jay Walker - Lecture - Entrepreneur of the Year Keynote
  • 4/16/2009
  • Jay Walker
  • 4 min. 14 sec.
Video 9 of 14 Jay Walker Explains The Derivative Income Stream Concept
  • Jay Walker - Lecture - Entrepreneur of the Year Keynote
  • 4/16/2009
  • Jay Walker
  • 4 min. 55 sec.
Video 10 of 14 Jay Walker States Problems Will Be Solved By Small Teams Working On Specific Pieces
  • Jay Walker - Lecture - Entrepreneur of the Year Keynote
  • 4/16/2009
  • Jay Walker
  • 1 min. 11 sec.
Video 11 of 14 Jay Walker Discusses Skills That Team Members Must Have
  • Jay Walker - Lecture - Entrepreneur of the Year Keynote
  • 4/16/2009
  • Jay Walker
  • 1 min. 42 sec.
Video 12 of 14 Jay Walker Discusses Changes In Style Of University Learning
  • Jay Walker - Lecture - Entrepreneur of the Year Keynote
  • 4/16/2009
  • Jay Walker
  • 1 min. 22 sec.
Video 13 of 14 Jay Walker States Interaction Between Human Beings Increases As Societies Become Less Poor And More Educated
  • Jay Walker - Lecture - Entrepreneur of the Year Keynote
  • 4/16/2009
  • Jay Walker
  • 2 min. 44 sec.
Video 14 of 14 Jay Walker States Technology Does Not Necessarily Isolate Human Beings
  • Jay Walker - Lecture - Entrepreneur of the Year Keynote
  • 4/16/2009
  • Jay Walker
  • 2 min. 21 sec.