July 6, 2008
Short reality!
Bloomberg reports that Mattel’s market cap, “helped by rising sales of Matchbox and Hot Wheels toy cars,” is now larger than GM’s.
Let’s just see what happens
Hard to Read? Choose a style: Style 1 Style 2 Style 3 Default Toggle Sidebars
|
July 6, 2008
Short reality!Bloomberg reports that Mattel’s market cap, “helped by rising sales of Matchbox and Hot Wheels toy cars,” is now larger than GM’s.
Categories: business Date: July 6th, 2008
June 19, 2008
Microsoft the good sportThe Microsoft Internet Explorer team sent a nice cake yesterday to the Mozilla Firefox team, congratulating them on the shipping of version 3.0, as they did when Firefox 2.0 shipped. Nice. Seriously. Here’s an idea from one of the comments that’s funny but would be unnecessarily not-nice to actually do:
: )
Categories: business, digital culture Date: June 19th, 2008
June 15, 2008
Sir Craig of the ListScott Kirsner has a nice profile of Craig of Craigslist in the Boston Globe today. One more fun fact about Craig: His company of 25 has never held a meeting. At least I think I heard him say that once. I am a fan, needless to say.
Categories: business, digital culture Date: June 15th, 2008
June 11, 2008
Simple sabotageAt the Enterprise 2.0 conference (which I didn’t attend), Don Burke and Sean Dennehey from the CIA gave a talk on Intellipedia, the CIA’s internal wikipedia. As part of their talk, they cited a manual, including, I’m told, this from page 28:
Their point was that these instructions come from a 1944 manual on how to sabotage a business. The session’s Web page points to the entire, amazing, declassified manual of simple sabotage.
June 2, 2008
Global corporate village? Maybe not so muchJohn Yunker telling points out — and documents with screen captures — that global corporations often marked their Chinese home pages with signs of mourning for those lose in the recent earthquake, while their non-Chinese pages remained dressed in their business-as-usual designs. (He has some more screen captures here.)
May 26, 2008
Buy It Like You Mean ItBuyItLikeYouMeanIt.org is having a luanch party on Tues., June 3. BILYMI lets people review products and companies, and then publishes a score based on which of the factors matter to you as an individual — how green, how well they treat their employees, etc. According to the press release:
I like the ability to decide for yourself which of the factors matters to you. Very miscellaneous! The launch party is at 7pm, June 3, at the Taza Chocolate Factory at 561 Windsor Street in Somerville, MA.
Categories: business, everythingIsMiscellaneous Date: May 26th, 2008
May 6, 2008
Market bullyingI wanted to find out what Microsoft Expression Media — or, as Microsoft puts it, Microsoft® Expression® Media — is, so I did what any red-blooded Netizen would do: I googled it. The top hit is Microsoft’s home page for it. It wants to show me videos, but I don’t want to sit around while being slowly pummeled with Microsoft’s marketing messages. If I’m going to be marketed to, at least let me skim. So, I clicked on the “Why Buy?” link, thinking I’d get a features list. I just want to know what the product does. Nope. That loads a popup that asks me to install Silverlight (oops, I mean Microsoft® Silverlight®)The popup conscientiously informs me that once installed, Silverlight “updates automatically,” where “update” means I am giving Microsoft the right to load stuff onto my computer without asking or informing me. In addition, the privacy statement says Microsoft will only transfer information it gathers about me and my computer to third parties if it really wants to. (The privacy statement puts it a little more formally than that.) So, here I am, trying to find out about a Microsoft product, yet I’m being required to install software I don’t want in the first place, and that has the right to mutate itself without my knowledge. And to get this authorized virus, I have to agree to a privacy-violation agreement that scares me. Can you imagine the snorting that would occur if a start-up company insisted on this? So, take this as an example of either inept marketing or implicit bullying by a dominant force. Or both.
April 29, 2008
The most democratic work placesWorldBlu has put forward its 2008 list of the 25 world’s most democratic organizations…
Categories: business Date: April 29th, 2008
April 9, 2008
Managed by expectations, irked by messagesFrancois Gossieaux reports on experiments described in Dan Ariely’s Predictably Irrational that show just how influential our expectations are: People who paid more for an energy drink were more refreshed by it and even solved more puzzles. Francois concludes: (1) “We are doomed,” and (2) “…who said that messaging was dead? The things you say about your product may indeed be more important that the product itself…” Almost from the day the Cluetrain site went up, I regretted point #74: “We are immune to advertising. Just forget it.” We are so not immune. Branding works. We think of Volvos as safe and the Ford Fiesta as a car for young folks. We think of Coke as the original and Pepsi as the copy. We can characterize someone as a “wearer of Birkenstocks.” Branding and advertising in some important sense work. Now, we certainly can undo some of the cognitive damage advertising and branding do. Market conversations in fact often are about the ways in which a product’s promises and sloganeering don’t live up to its reality. But that’s a lot different than saying we’re immune to advertising. We’re not. I’d still urge companies to move their marketing away from messaging, however. Assuming the studies Francois cites are correct, our reactions to products do seem shaped by what we’re told about them. No surprise there, although it’s always depressing to find out what big dopes we humans are through no fault of our own. But, customers (= all of us) are going to increasingly resist and resent marketing that focuses narrowly on messaging — that is, on finding the simple idea they can pound into our heads over and over. Telling us your drink will make us refreshed or more alert may indeed make us more refreshed or alert, but treating us like freaking morons by droning the same words at us over and over will make your product less interesting to us. The real challenge marketers face in a world of online conversations is how to help us find what’s interesting about their products. (By the way, although Francois an I have been friends and colleagues for many years, I just this morning realized that his last name uses each of the vowels just once.)
April 1, 2008
Thoughtcloud scrapes neuronsThe Media Re:Public group at Berkmanhas announced a breakthrough technology that promises to take the “conference” out of “un-conference.”
Categories: blogs, business, conference coverage, culture, digital culture, digital rights, folksonomy, humor, science, social networks, taxonomy, tech, uncat, web 2.0, wifi Date: April 1st, 2008
March 28, 2008
[mediarepublic] Viable modelsLisa Williams, who was great in the previous session on the world of media in 103 (which I didn’t blog because I’m so damn tired) is moderating a panel on “viable models.” [I'm live blogging, missing stuff, getting it wrong. I'm posting this before I've proofread it because I have to get to the next session. Reader beware.] Mark Ranalli from Helium gives a quick talk about Helium, a site where people compete to create the highest-rated content on a topic. They share the money they make with the writers. Only peers can evaluate. They do head to head evaluations of two articles and use that to rank what may be dozens of articles on a topic. Helium also flogs its content to publishers in their “freelance marketplace.” And it integrates content into mainstream media. E.g., Boston Now invites readers to write articles and sends them to Helium. A PBS show uses Helium to run a weekly essay contest. [Ah PBS and its essay contests!] John Sawyer from the Pulitzer Center on Crisis Reporting reports from tough areas. They create content and place it all over, from MSM to YouTube. All the reporters blog. Doc Searls is talking about “a new business model for free media” (= VRM). Marketers have a split in their heads, he says, that allows them to talk about “targeting” consumers even though they themselves are members of markets too. We no longer have to be put into silos, as if we were owned by businesses. We need Vendor Relationship Management. “With VRM I can inquite and relate to markets on the fly.” Express global preferences without having to give all the same info. He’s willing to pay money to reach a human in under 60 seconds. We should be able to manage our own health care data.VRM’s first use case is paying for public media. VRM is introducing the “relbutton” which you can put anywhere you want; press it and you can remember the site and relate to the site in the way you want. It has four visible states: Intention to relate, an existing relationship, an existing relationship, or an intention to sell. Q: Why isn’t this the same as a PayPal button? Q: Can you give an example of something that’s approached solving a problem in this way? Letting people take control of a transaction? Q: Could you explain how Helium makes money? Why do people write for you? Lisa: You’ve all presented transactional models. That’s where many people are going, but they require huge volumes to work. How do you get to the volume you need?
March 22, 2008
Lisa Stone at BerkmanMarch 14, 2008
EuroblogI’ve been at Euroblog 2008 yesterday and today, and will be tomorrow as well. It’s a mix of academics and practitioners talking about marketing and public relations in the age of the Web. The conference seems to assume that we agree that the Web has changed the marketing landscape, that customers are not mere consumers, that marketing has to change right down to its skivvies. The academics at the conference have generally backed this up with actual research. What marketing can and should be, however, is a matter of more controversy here. As it should be. [Tags: euroblog2008 marketing public_relations] * * * Catharine Taylor has a new blog about social media as a marketing platform. Yes, it’s a problematic formulation — which is one of the points of Euroblog — but Catharine is skeptical about the importance of social media, albeit not yet expressing much skepticism about the propriety and effectiveness of using them for marketing.
March 6, 2008
Carbon-based computingFrom a presentation I heard this morning. I didn’t catch the attributions:
March 4, 2008
Can companies be authentic?Harvard Business Review this month is running a “case study” (pure fiction) I wrote about whether companies can and should be authentic. The case study is intended to be even-handed in its presentation; it’s followed by expert commentary. They’ve posted the case on their Web site and have opened it up to readers for discussion. There’s also a video of Julia Kirby (one of the editors) interviewing me on the topic, on that same page. FWIW, I am not at all convinced that the term “authenticity” is helpful — or maybe even meaningful — when applied to business.
March 3, 2008
Wal-Mart allows honest-to-pete bloggingGiven Wal-Mart’s size and its heavy-handed approach to so much of life, the fact that it’s letting its buyers blog freely is welcome news. (Disclosure: I consult to Edelman PR, which has Wal-Mart as a client. But all I know about this is what I read in the linked article; I assume but don’t know that Edelman was involved. And, yes, this disclosure is now longer than the post.)
February 27, 2008
Open Text on Enterprise 2.01995-6 I was VP of strategic marketing at Open Text, right when it went from search engines to intranet collaboration software. I’m at a CIO ass’n meeting in Waterloo, Ontario, where Open Text’s exec chair, and my old boss (and current friend), Tom Jenkins is giving a talk on Enterprise 2.0. Also, last year I did a paid consulting day at Open Text. So, I am biased in just about every way a person can be biased, from sentimental memories to the possibility of future consulting. With that in mind, here goes: Tom begins by pointing to the Obama campaign. “2.0 is here,” he says, pointing at Obama’s “community blogs” page. Politicians are breaking out of the confines of the media. But, of course, not just politicians, he says. Web 2.0 really points to two facts: We have bandwidth and an enormous volume of users. (Web 2.0 was always with us in some ways, says Tom, as I nod vigorously.) In 2.0, everyone gets to talk and everyone gets to listen. He points to the dangers of a 2.0 world. E.g., a Canadian passport control person blogged about the secret marks on passports. The blog site had been intended to increase productivity, but because it was a public site, a secret was blown. Nevertheless, says Tom, “You can’t bury your head in the sand. In the long term, you’ll be at a competitive disadvantage with companies that do embrace these productivity tools.” Not to mention, you won’t be able to hire and keep under-30s (Tom says). Tom calls Web 1.5 what happened around 2000. Also around then, the lawyers started getting nervous. Tom contrasts Web 1.0 and Web 2.0: from inform to engage, from few authors to many, from few contributors to many. In Web 2.0, treats the Web as a platform with “desktop-level bandwidth” (or so). Tom places metadata at the center of content management [and literally points to me in the audience <blush>]
We’re starting to map the business processes to the social and human processes, Tom says. This requires getting past technology lock-ins. Some random facts from Tom: Alp Hug from Open Text takes up the talk, to explain how to take advantage of 2.0 technology in the organization while avoiding the dangers, which — what a shock! — happens to map to Open Text’s software and services. [It's good to see Open Text embracing this social software stuff.]
February 4, 2008
Web of Ideas concert and conversation with Brad SucksThis Mon, Feb 11, at 7pm, there will be a Very Special Web of Ideas: A concert by and conversation with Brad Sucks (AKA Brad Turcotte), the webbiest musician on the Web. We’ll listen to some songs performed live and talk with Brad about what the battle over “business models” means to someone making music. Note that we’re not holding this one in the Berkman Center. It’ll be in Griswold Hall Room 110 at Harvard Law. It’s free and open to all; rsvp to rsvp@cyber.law.harvard.edu.
Buying Yahoo is the Vista of business plansThere are lots of reasons Google is not only the most important single company on the Internet, it is in many ways the defining Internet company. Among the most significant reasons: It’s got the creative rhythm of a BS session among the five funniest people you know. Think it, say it, top it, move on. Except with code, not jokes. Want to slow this process down? Acquire another company. Especially a really, really big company. Especially a really, really big company that is in strategic disarray. I’d say that I don’t know what Microsoft is thinking, but I actually think I do. Microsoft is thinking about the economics of consumers. Google is in an economy of creators. We all want healthy competition for Google. But it now feels more like we’re watching evolution than competition.
Categories: business Date: February 4th, 2008
January 26, 2008
Fairplay casinosGov. Deval Patrick plans on funding necessary and humane projects in Massachusetts by licensing three casinos. I’m not crazy about that idea, in part because casinos stack the odds against customers. The house always wins. That’s unfair, even though casinos are transparent it. If we’re going to finance public programs on the backs of the desperate, we at least ought to give our local pigeons fair odds. So, why not require Massachusetts casinos to pay out at odds that factor in no cut for the house? If there’s a 1:38 chance your number will come up at the roulette table, your winning number would be paid at 38:1, not 36:1. Even without their edge (5.26% in roulette), the casinos would make money selling food, liquor, lodging, parking, pay-per-porn in-room tv, and tickets to entertainers you thought died fifteen years ago. Not only would this keep the state from profiting from an industry predicated on unfairness, it would also give Massachusetts casinos a competitive edge against the casinos in those other states. Why would you gamble in a place where the odds are stacked against you if you could instead “A mass more wealth in the Commonwealth of Massachusetts…the Fair Play State.”
January 20, 2008
Moi moi moi
Doris Obermair interviewed me at the Picnic conference in spring 2007, and now has posted an edited version in which I talk about the effect of the miscellaneous on business. (With Spanish subtitles.) (By the way, I list videos here.)
January 18, 2008
Control doesn’t scaleControl doesn’t scale. That seems to me to say it all. Or, it at least says some of it. Now, here are some of the people who came up with that phrase, some well before I did: David Friedman (economics) I hereby claim that phrase in the name of Her Highness, Queen Generality.
January 8, 2008
BradSucks to rock Harvard Feb 11Some time in the early evening of February 11, I’ll be conducting a very special (as they say in the entertainment biz) Web of Ideas session about how the new business models for music are affecting music…by interviewing BradSucks, who will also favor us with some songs. I’m a big fan of Brad’s, so I’m quite excited about this.
December 28, 2007
2008: The Year of Scale?The Harvard Business Review blog ConversationStarter asked a bunch of people what they think the issues for managers will be in 2008. Sean Silverthorne has compiled a list. I wrote about the need to deal with a world in which customers, information and relationships have all scaled.
December 16, 2007
Tim O’Reilly on what a truly open cellphone network looks like (and an article on Google cloud computing)Great op-ed by Tim O’Reilly, holding out the greed stick to the cellphone companies to induce them to open their networks.
Stephen Baker has an excellent, provocative article on “cloud” computing, where “cloud” means gigaclusters like Google’s and not the great amorphous mashup of information known as the Internet.
December 14, 2007
Pissed off marketingAlitalia lost my luggage. It happens. It’s been two days and they still haven’t delivered it. It happens. But here’s what shouldn’t happen. When you’re at the airport registering the lostness of your luggage, the last step before they send you home to live in the clothes you arrived in is the Bestowing of the Toiletries. The little bag contains the cheapest possible bathroom utensils the airline can find: A toothbrush as rigorous as a cotton swab, a chunk of deodorant floating loose in its container, a razor blade fashioned from the sharp edge of a tuna can. But the last straw was the one piece of clothing included: A white undershirt on to which they’ve printed their logo. Not only does this render it useless if you happen to be wearing a shirt of any translucency, why do they think I want to advertise their business for them? What part of “I’m pissed off” don’t they understand? Likewise, when you’re put on hold by a business, why would they think you’re in a mood to listen to their ads…especially if you’re put on hold while trying to get technical help? What are they thinking? If you have an emotional IQ above than that of your average rattlesnake, you can figure out that marketing to customers when they’re pissed off at you requires apologies, extra care, patience, and humility, not happy jingles and cheery logos. Grrrr…
December 3, 2007
Web of Ideas: Leadership
On Wednesday at 6:30pm, I’m leading a discussion of whether leadership on the Web is different from leadership off the Web, especially business leadership. In fact, I’m gong to run through my 20 minute presentation for Le Web 3 on this topic. I’ve gotten pretty interested in the nature of the leadership of big collaborative projects, and I’m looking forward to a chance to have my inklings bashed around. Plus, we serve pizza. The session is open to all. It’s at the Berkman Center [map]. [Tags: berkman leadership]
Categories: business, digital culture Date: December 3rd, 2007
November 30, 2007
Facebook chooses sidesI’m glad Facebook decided to reverse its most egregious defaults so that not clicking “yes” will now mean “no.” Good. But in this matter Facebok overall is showing itself not to be on its users side. There is no reason not to give users a big red opt out button — making the whole thing opt in would be even better — except that FB knows we would use it. FB is choosing its own interests over its users’. And, no, not every company does that. Sure, there’s self-interest in all that we do and all that our organizations do. But companies choose sides. Almost all companies use their customers. A few are truly on their customers’ side. Now we know where FB stands.
November 27, 2007
Kindle and opennessHarvard Business Review online is running a brief post of mine on why Kindle may end up as an open device, and, more generally, why there’s often competitive pressure for openness.
October 17, 2007
The miscellaneous is making my eyes bleedYou know what’s not helpful? A bill from AT&T that spreads across 56 pages of tiny print the information that explains why my bill is twice as high this month as usual. You know, if they organized their information in a useful way (which is actually what my sense of the miscellaneous is about), I might even be able to tell that I should up my plan and pay AT&T more money every month. So, how about fewer lists of data — I don’t really need to know about each and every text message our children send — and perhaps some notifications of where my usage has swerved off the norm? Who designs these bills? Squirrels? [Tags: information_architecture, whines]
Categories: business, everythingIsMiscellaneous Date: October 17th, 2007
|