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Concepts by John StackStartup and Organizational Wisdom |
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June 24 Are you Dead Weight? A Coaster? Know the Signs!
Over time, your email and voice mail volume has experienced a gradual reduction: Are you interacting enough with everyone? Are you reaching out and contributing what you know? Are you adding to your department’s intellectual capacity? Do you reach out to people? You don’t get new challenges or ones that matter: Are you asking for interesting assignments? Do you know why you’re not given anything? Have you trumpeted what you’ve accomplished? You bring up something that is important to you and no one listens or if they do, they change the conversation: A tough one to crack but you’re up to it! Perhaps they think your position is not important enough. Do you have bandwidth to take on something more relevant? Do you detail things to death? (I’ve been very guilty of this.) Do you always make people think when you interact with them? Sometimes this is tedious for people. Some like the conversation to be light. What do people talk about when they’re with you? Your company is not focusing on the area that you work on: Is your job bricks and mortar or optional? Can your job be more integral to the rest of the department or organization? What is it about your job that adds value to the company? Can you add something to your responsibilities that is in line with the company’s priorities? Your last few performance reviews were average: Did you take this as a sign that your boss “just doesn’t like or appreciate you” or did you take it as constructive criticism and work to resolve the issue? Are you happy with average? Some people equate average as having a good work-life balance. Don’t get confused about these two. Average people get laid off right after the poor performers. Why? Well-managed companies continually strive to raise the bar. Do you? In any economy, we’ve got to keep raising the bar – increasing our relevance, our knowledge, and our capabilities. What are you doing about it? June 17 100 Green Hippies - A scrape of 100 Twitterers Who Changed Their Icons!Social networking can be heard and seen. A tremendous power. Here’s proof: 100 Twitterers who changed their icons in support of “Where’s My Vote” or the hashtag: #iranelection. There are countless more – this was just from about 5 minutes plus a few who DM’d me today: June 10 Bing 7-Day Fare Predictor Works!My wife and I are planning on taking a trip to Europe to stay at a friend’s family cabin in Norway in July. I thought I would try out Bing to check on ticket prices. I found fares from JFK to Amsterdam competitive to Sidestep and other airfare sites similar in price and the sites themselves, similar in functionality. What intrigued me most was the Fare Predictor, which looks at fare history and determines if there is any seasonality to the price. I decided to put it to the test. Here are the results: On June 3rd, fares were $780 (Vayama on Delta). The Fare Predictor suggested that I wait and I did. On June 6th, they were $768 (Vayama on Delta). If I were to take the predictor’s price, I would have saved $22, which is what, dinner? It still told me to wait, so I did! On June 10th at 7 AM, fares were $667 They told me to buy. On June 10th at 12 pm, I decided to try again. It told me to wait. They had gone back up to $779. Had I purchased our two seats early this morning, we could have saved approximately $230 – enough for a hotel room for two nights!
June 05 Google Wave: Is it a Domino or SharePoint Tsunami?
Without any doubt, CIOs and enterprise strategists will take be taking a hard look at how Wave works and what it can do for them, specifically with respect to how Information Worker may benefit. They’ll also be making big comparisons to the standard products that now rule corporate collaboration and content management: Microsoft SharePoint and IBM/Lotus Domino. To me, it is also evident that over time, Wave will be a credible player and strong competitor in the enterprise. Why? Wave leverages the best functionality from both platforms, and in some cases, does it better. Isn’t that to be expected? I can imagine that my friends, former co-workers and employees, and acquaintances at both Microsoft and IBM are both excited and apprehensive at the same time. Excited since it will push them in new and unanticipated ways to build better product and apprehensive since it introduces new FUDD to customers and architectural demands on their products that they might not be able to realize very readily. Having been installed in the enterprise for over ten years and deployed (collectively) to over 90M users, both Domino and SharePoint are mature products. Both product teams continue to innovate, extend, and embrace. Originally supporting asynchronous communication and collaboration, both have sat up and taken notice of the increasing importance of synchronous communication, unified communications and the increasing influence of the XMPP standard. A latecomer to the enterprise game, Google might have a significant, albeit temporary advantage – not because you might think they’re smarter (there are smart people everywhere!) but because once you plant a stake in the ground architecturally, it is difficult to adopt new standards and new technologies. Microsoft’s and IBM’s advantage? Domain experience. Is Wave a game changer? Absolutely! In creating Wave, Google had to assume the following about Information Workers:
As such, achieving enterprise adoption of the Wave platform is going to come with mixed success. Here are Long and Short Long and Short Pulls that Google Wave may experience in the Enterprise: Long Pulls: Frequently, IT has to accommodate the exception and not the rule; especially when it comes to the Information Worker. Both Domino and SharePoint support the frequently connected, or “not always connected” user. They are the road warriors, the folks in remote areas, the people who don’t have VLan or WWan access but still need to be productive. In a great many instances, the frequently connected user might continue to be the accommodated exception until the last mile is travelled. (The last mile, in this case, is WWan access everywhere.) Of course, mobile applications go a long way to reduce the lack of connectivity but they’re not a replacement for the real thing. Replacing Office? Sorry, that’s a tired debate. Getting companies to change directories (and their related security infrastructure.) This is not only an expensive proposition for companies but a risky one as well. Google will have to provide a cogent co-existence strategy as well as support migrations of existing collaborative solutions. Medium Pull: Increasing contextual (or in-context) access to silos of information sitting within brittle ERP systems has long been a target for developers of collaboration applications. (In 1998 through 2001, we tried to solve this at a company called InfoImage, a Microsoft/IBM partner.) RESTful services and other SaaS efforts have helped in this regard a great deal. I expect Wave Robots will take this further. ERP vendors have experience in extending their product and they’ll will get on board with Wave – sooner than later. Business logic owners and Information Workers want a new collaborative paradigm. Both Domino and now SharePoint are great products; yet, organizations who have implemented them suffer from islands of unused, yet valuable information. The nature of the products (thematic or single use databases) coupled with an enterprise’s constant organizational churn in the structure, product, and informational architecture creates a huge problem not only for administrators but product companies as well. A more federated model and different thinking about collaborative patterns is long overdue. Over the years, IBM/Lotus Domino and Microsoft SharePoint have offered portals, exposed SaaS-capabilities through APIs and various protocols, portlets, sites, and increased search capabilities. SMS-like anything seems to be the hot ticket. Having parallel access to short messages and ERP records (inventory items, sales orders, purchase orders) increase a knowledge worker’s ability to do their job as well as suggest improvements - simultaneously. Short Pull: I believe that Wave will be rapidly adopted by independent developers hoping to develop new products. In addition, we should expect a new flood of robots and extensions. If they can keep the platform stable, I don’t think it will be difficult to get Java developers, who are already using GWT (Google Web Toolkit) to try a few things out. Lastly, here are a few key features that very likely raised some eyebrows at Microsoft and Lotus:
What do you think? I don’t think it will be a matter of if but when organizations consider Wave as an alternative. How long before they register measurable conversions? May 26 Twitter Tripping? Its a Positive Problem, Not a Banana Peel
They have time – not a great deal of it, but they have time. I think we ought to give it to them and see if the crowd can be patient enough to let them determine the best avenues for profitability. To me, while it appears that there are millions of Twitter users promoting products, chatting with their friends, and virtually hooking up, I believe there are very useful ways that Twitter could leveraged by businesses large and small. Certainly SMS might work; however, considering that twitter is free with relatively limited administration, here are five ideas that I think could fly – without Twitter doing anything except taking a very small fee for every transaction:
Are there other practical uses for Twitter in corporate America? Let me know your thoughts and let’s inform the press that there’s smart folks over at Twitter. They’ve got time! May 23 Startup Funding: The Case for Small Public OfferingsAll startups need capital. Presently, potential funding sources are limited to friends and family, angel funding, VC, second mortgages, private issues, credit cards. Each of them have their own constraints.
What about the in-between space? When you don't want additional personal debt or can't afford it? When your idea doesn't quite pass investor muster? What if you're stuck in the paradox between the great idea and no means to deliver it; yet you still have the personal grit, plan, and potential to execute if you had the funding? This idea has been floated many times; however, I'm inspired by lending programs like Prosper, Lending Club and Zopa where borrowers put up a prospectus and lender/investors subscribe to the debt in amounts they are willing to invest . Certainly the technology exists for this kind of thing. What’s keeping us from doing it? The US Government. Perhaps even the current financial community. What might a Small Public Stock Offering look like – a Stock Class called “L"?
Is this possible? A highly structured, highly transparent, market driven small issue, small fund stock exchange, where big players and big underwriters focus on what they do best – big issues, and the smaller players – moms and pops, small businesses, and smaller players get to play, make smaller bets, etc? How come this hasn’t had the support? Is the “against” lobby too big? Write your congressman if you agree! I’m writing mine. May 21 Social Psychology of Boston Area Tweets – Mostly Seeking Accommodation
For a little background, there are different ways to perform the study and of course, all studies are subjective (see below.) With my limited study, I found the following:
In real English, I found the following:
I did not find the following:
My process and fine print (the fine print that takes almost as long as the study itself):
If you would like to find out more or conduct a different study, I would love to hear your ideas (seeking accommodation.) The results are here. May 14 VC Feedback: Which Way Do You Go
These days I’m interested in hearing about the softer underbelly of a product feature, what might otherwise be perceived as tangential notions to the original concept, and if a particular feature is developed, how do you make it shine. Most importantly, I have also learned that, if at all possible, get industry feedback and ideas first, followed immediately by getting your idea in front of a VC – preferably before writing code. I realize this might fly in the face of the whole agility trend for startups but this is how I roll. I like knowing there is a market first, ok? If you need a prototype to illustrate the concept, by all means, do it. Last week in Phoenix, I had a great meeting with some folks I used to work with. Both are successful software execs who, in addition to their other roles, they help startups. They’re some of the best I know to help build a rational idea into something executable. We spent about an hour or so discussing an idea I’ve been kicking around. When we worked together in the 90s, everything was a good idea. To be elevated to “great idea” status, the idea was stuck on the whiteboard and it had to endure repeated all out assaults. (I should note that the first question was “What is the value proposition?”) The idea I presented to my friends is my favorite kind: A great idea that has a large target market that is also a paradigm shifter, a disrupter. (Read: Risky but if it takes off, HUGE or massive flameout.) My friends liked the primary value proposition and the justification for doing the project, we discussed how it might be marketed, and I explained some of the routes to market. It was at that point, it happened: They suggested a feature that I hadn’t completely considered! Most entrepreneurs who have made VC presentations have experienced VCs making suggestions. I find that it is absolutely the best time to get critical feedback to your baby. In most cases, a suggestion (beyond being a great idea offered in earnest) could be perceived as:
In the case of a potential disruption or something that might take you in a completely different direction, you might ask yourself if you’re wed the original notion or if what they’re suggesting really has legs. Its very likely that you’ll have enough industry knowledge to know the answer. If not, get second and third opinions! Be careful and don’t turn into a ping pong ball – taking one idea, then another, then another. If you’re like this, perhaps you’re not really behind your product after all. VCs, mentors, and other folks who have been in the industry for a while don’t just throw out ideas. They’ve given you an audience to hear about your opportunity and how to act on it, how to make it better; however, if it is too rough or not fully developed, you're not likely going to get a second chance with them. Whatever the case, take advantage of the meeting and embrace their feedback. In my case, while I work on market sizing and base application requirements and ways to execute, I’m going to include the new idea as if it is already part of the minimum shipping product. In that of one of my client’s cases, the ideation part is not so easy. They’ve developed a very fundamental technology that can be applied to all sorts of things. Literally nothing is a tangent since the technology itself is at the root of their value proposition (similar to someone building a new engine, the body style doesn’t matter too much.) In their case, we’re going through the market sizing process as well as trying to understand the nature of each market with respect to the go to market challenges, potential routes to market, whether the market is fun, and how long the base technology has a life if we take it in a certain direction. Needless to say, it is an entirely different process. Whatever the case for your startup, you’ve got more than a few things to figure out once you have that initial idea. In my case, new features might take us away from our principle goal or they might just be the differentiators we need. In my client’s case, the technology is the primary feature and the implementation is not as important as the market. I hope to be able to say more about each very soon. May 13 Crazy Twitter ProfilesI love reading twitter profiles! They’re just as diverse as the tweetstream. Here are a few that left me wondering about the person or made me grin or both. Hmmm……. Helping Others Succeed by applying their common sense CEO of XXX, Willing to do whatever it takes Dedicated Los Angeles Urbanite XX has the ability to make rocks and trees sing and people ecstatic I’m a Three-Legged Pup named XX, Nice to Lick You! Stay at Home Dad (Yes, my wife wears the pants!) Helping People Get Out of Debt by Using Social Media I have several passions. Cat mom. Interested in Child Labour. Xx found me in the gutter …. XX Pooh Pooh Livin’ Lovin’, Lovin’ Livin’ Native American Pagan Mom Who Suffers… A tweeting expert with a coding problem I’m a big fan of information Random Stranger Guy Get and give help in 140 characters I loved these: Searching for Enlightenment…cuz I’m frigin’ Unemployed right now Be cool, be calm, be happy. I’m kind of a big deal. I live in a freezer and need more caffeine and money. Frequent finder of unanimity. Purple-haired Jersey Girl If it bothers you, it bothers me. The problem is that the world is a few drinks behind. I like cheese. Currently in the hunt for gold bunnies. Help me. I like giving homemade gifts. Which one of my kids would you like? ….consult budgies…. Concerned World Citizen Bringing Rich Women Together Terrible Scientist, Ok Writer. Become a banana and a brand of choice. I’m awesome! ….surprisingly single. Happy Smiley Girl in General Invading the planet, one corpse at a time. Everything but…. Usually folks pick one or two things to focus on. These folks decided to be “searchable.” Some of the order was interesting, some I found interesting because of their diversity. I like rad times, good people, and sushi. Personal Coach, Internet Marketeer, Yogi, and Lover Photographer, New Biz Starter, speed skating, reality tv, blogger Exploring the razor and blades market that is the… Raconteur, bon viveur, cad, rapscallion, hedonist, gastronome Circumspect, Introspective, Democratic Geek , open source, open standards developer Internet Marketeer, Social Media Evangelist, Father, Athlete, and Musician Network Marketing Coach, Criminal Defense Attorney, and a bit of a rebel SEO Expert, Musician and Pastor Dog lover, Father, Husband, Internet Geek, Online Marketeer, Project Manager, and Business Consultant Profile Names I liked that can get extremely popular or completely ignored: @Successinator @howtofail @piratepotato @bingogoddess @lamaduck @absurd_human @wongaman @ifiredmyboss (and his profile: stop workin’ for the man!) @metaphoric Misspellings – I don’t know what to say here: Working on social butterfly statis tradittional and emaarketing My names Kenny and I’m an Internet Marketer. what is importance..follow me as I make a few discoveries. @BostonRdSoxRule Do you have any that you’ve found insanely curious? |
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