Archive for the ‘Viewpoint’ Category
Tuesday, February 21st, 2012
Mohan Nair, too many employees these days are running on empty—and no matter how great their work ethic or their fear of unemployment, at some point the pace becomes unsustainable.
Nair, author of Strategic Business Transformation: The 7 Deadly Sins to Overcome (Wiley, 2011, ISBN: 978-0-470-63222-2, $49.95). “It’s that they have nothing to believe in. When people are motivated by a cause, they’ll work without stopping and without loss of energy.
Their dedication to the cause will fuel them. The problem is too many companies aren’t animated by a cause at all—and their employees just live for the end of the day and for Friday.”
If you’re ready to transform into an innovative, cause-driven, employee-and-customer-inspiring organization, Nair says there are seven sins waiting to trip you up:
Sin #1: Ignoring the new principles of business transformation. Many companies that fail focus on the outward manipulation of markets and customers driven from the “ego” of the organization. Unfortunately for them, today’s markets are sensitive to purposeless wealth creation. No amount of end-of-the-year donations to needy organizations can make up for a lack of purpose and value. Mission and money must go hand in hand.
“If you think of making money without thinking of the greater contributions to society, you will neither attract the right people nor make money in the long run,” says Nair. “This is because people themselves are changing.
Finding meaning at work powers the twenty-first century employee population. This population knows insincerity from truth, so leaders cannot ‘fake it.’ They have to be able to feel the plights of customers and people in our society. The fuel that drives our new economy fills the containers that bring purpose to profits.”
Sin #2: Driving without a cause. Most companies have mission statements—as well as vision statements, value statements, and other official website/employee handbook fodder. Yet many employees don’t believe in them and never use them. What they need is a cause, and that’s altogether different. Once organizations know why they exist, to whom they want transformation to happen and why, they gain the audacity and authenticity to drive strategic business transformation.
“Don’t confuse ‘cause’ with ‘mission,’” says Nair. “A cause is a lasting theme, an architecture that supports the transformation of the greater environment. It has personal, rather than organizational, implications.
Missions are given to groups marching in lockstep; causes are taken up by creative individuals. A mission is a bounded, purposeful action. Missions impose the will of managers on employees, whereas causes are grounded in the latent, unexpressed will of the overall organization.”
Discovering a cause greater than any one employee and greater than the whole propels organizations beyond the speed of lofty, purposeless, or narcissistic goals, adds Nair. In his book he cites Whole Foods as an example of a cause-driven company. He refers to a quote by Cofounder and Co-CEO John Mackey in Harvard Business Review: “I think Whole Foods’ highest purpose is a heroic one: to try to change and improve our world. That is what animates me personally. That is what animates the company.”
Sin #3: Missing market momentum. Traditionally, products seek customers, customers form markets, and markets move with momentum. In transformation principle, momentum is identified before anything else, customers and prospects respond to momentum, then products respond to serve these prospects to move with purposeful intent. Momentum is a unique way to view the market. Companies that don’t understand it will miss the drivers that indicate where momentum is going.
Momentum drivers often lead “old” customers to consider their options in a whole new way. Being able to predict these changes of mind and heart, even before the customers themselves do, allows companies to get in first with products destined to be hot sellers.
Nair writes: “The most telling experience occurred recently when I was watching a sunset. A person nearby stated, “I wish I had my phone” when he was thinking of taking a photograph of the sunset. These customers would have rejected the idea of a phone and camera combined in the past. This is transformation at its best.”
Sin #4: Ignoring the two orders of value. If you assume that rational and emotional value propositions are all you need to consider, think again. There’s also a “higher order” value proposition: the symbolic. Customers symbolically attach to the product or the company that sells the product. They come to identify with the purpose of the product and what it stands for. Organizations that are able to transfer and connect market momentum into value to the customers that emerge from a transformation will gain market share and be very successful.
Take Trader Joe’s, for instance. The company has convinced its customers to bring bags that they bought from Trader Joe’s to collect their own groceries. It has successfully tapped into “green” market momentum.
“The customers of Trader Joe’s are participating at both levels in acting to save paper or plastic and to recycle bags every time they visit,” writes Nair. “This has huge economic value because the company saves on the cost of bags, but the consumers do not see it that way. Consumers see themselves aligning with the grand vision of a better world without excess, and they believe that Trader Joe’s is conforming to their world view authentically.”
Sin #5: Overlooking transformational servant leadership. The new organization is a workspace with no walls. Leadership styles of the past cannot conform to the unbounded workspace commanded by remote employees, portable tablets, portable computers, and worldwide internetworks.
Hierarchical management techniques and paradigms are breaking down. You may try to bend the iron bars of the hierarchical organization to make it “look” better—but if you aren’t practicing true servant leadership, you won’t be able to attract the talent it takes to compete in the transforming marketplace.
What is transformational servant leadership? While the concept is maddeningly difficult to pin down, it contains several basic truths:
- - It’s based on service rather than hierarchical controls. Leaders believe in something greater than themselves.
- - There are no sharply defined leaders and followers. Leaders lead when it’s appropriate and follow when it’s appropriate.
- - Organizations are populated by project-centered self-leaders who partner with one another when needed.
- - Leaders strive for dramatic inner change, re-engineering, and self-identification with corporate goals. In other words, it is about personal change creating group change that triggers corporate change—and not the other way around.
“They are powered by a desire to serve others, and they forget themselves, and this is the source of their undying energy and success,” writes Nair. “They do not come to this easily but through self-doubt, suffering, ridicule, and even pain. Yet they are among us, and we should realize that we cannot judge anyone in our organization to be inadequate, of not having ideas to transform the world around them. Our purpose is to nurture and to find the goose that lays the golden eggs rather than be in the business of ideas. Be in the business of nurturing people with ideas, and the ideas will flow.”
Sin #6: Mistaking capability for strategic competency. Capabilities are what you can do for customers. Competence is the unique recipe of your capabilities and what you can do better than others consistently as far as your customers perceive.
You can always gain a new capability: just learn how to do it yourself, hire someone who knows how to do it, or partner with another organization to fill that void. Stopping there, instead of understanding your competencies and using them to formulate your strategy, is the sin. It keeps you from being able to create value that people want and are willing to pay for.
Being good at one key capability is not sufficient—unless, that is, it is nonreplicable. Winning, using competencies, involves:
- Creating brand awareness among your customers and prospects who feel an alignment between the organization and their values.
- Defining communicable cause/purpose that is about a transformed customer and experience with that customer.
- Combining key ingredients that reflect a valued recipe that creates a strong, enduring, and authentic “aftertaste” to the customer who keeps returning because of it.
- Creating a structure that drives social networked feedback interactively with an approachable organizational structure.
“Trader Joe’s has gained loyal customers because they are capable in selling you good produce and groceries,” says Nair. “But they are competent in driving their belief systems about conservation, their shopping experience, and their community spirit. Many other stores have the same ingredients (capabilities) as Trader Joe’s. What they don’t have is the recipe (competency).”
Sin #7: Expecting flawless execution without a performance platform. It is critical to find the talent ahead of time, find the capabilities of the future ahead of time, and to ensure that your operating capability anticipates rather than responds to a transformed market. What if Amazon couldn’t ship its products on time and accurately? Customers would go to the competition, of course. And yet, it’s common for companies to do more and more—to implement greater and greater change—without a context for employees and customers to frame improvement initiatives.
Nair says there are two categories of performance management corporations must master:human (inspiring, organizing work, people performance and incentives) and corporate(analytics, systems and methods around the financial, operational, customer and strategic outcomes and outputs). To execute well in the second category a company must have capabilities in four areas: monitoring, measurement, management, and direction setting. As if that weren’t complicated enough, companies must be able to strike a careful balance between surviving today and investing in tomorrow.
“I call this balancing act ‘building the plane while flying the plane,’” says Nair. “You have only one plane, but if you just kept flying it you would eventually encounter a storm that you would not survive. If you stopped and built the plane of the future, you would lose the battles you currently face. So you must build a new plane while flying the plane into battle.
“It’s tough to determine how much to invest in the now and how much to invest in the future—especially since the future is a transformed environment,” he adds. “Prioritizing is part science and part art. The ability to make these decisions is where leaders truly earn their keep.”
This is all deeply complicated stuff, to be sure. But Mohan insists it is possible for corporate leaders to transform (themselves, their organizations, and their customers), to make money, to keep their collective soul, and to give the people who do the work a real reason to come to work.
“I challenge today’s businesses to choose to transform,” he says. “Develop a strategy that reflects your beliefs and let others, both employees and customers, choose to take up your cause. Transformation is never easy, but it is almost always worth the blood, sweat, and tears that come with it.”
Tags: Best Practices, Strategic business transformation Posted in Best Practices, Business advice, Viewpoint | Comments Off
Wednesday, February 15th, 2012
 Andrew Sobel
Just a few years ago, globalization was in full swing, and the world seemed to be bursting with an infinite supply of business.
All this bounty lulled us into taking our customers for granted, maintains Andrew Sobel—until the economy tanked and shattered the illusion of endless prosperity. Suddenly, the old-fashioned “trusted relationship” started to look good again.
“In this post-Madoff era of unpredictability and suspicion, people are looking for deeper, more intimate, and more engaged relationships—the kind that reduce risk,” says Sobel, author (along with coauthor, Jerold Panas) of Power Questions: Build Relationships, Win New Business, and Influence Others (Wiley, February 2012, ISBN: 978-11181196-3-1, $22.95) and three other books on long-term business relationships.
“This is true of customers but also vendors, employees, and other business partners,” he adds. “The days of getting in, making money, and moving on to the next guy are over. When times are tough and the future is uncertain, people want to put down roots and partner with people they truly like and trust.”
Connections begin by asking the right questions
Bottom line: In today’s markets, the most valuable commodity is the ability to connect with others and rapidly build trust. And that begins by asking the right questions.
“Asking questions and letting people come up with their own answers is far more effective than spouting facts or trying to talk someone into something,” Sobel explains. “Telling creates resistance. Asking creates relationship.
In his book Sobel explores dozens of questions that light fires under people, challenge their assumptions, help them see problems in productive new ways, and inspire them to bare their souls (which, of course, strengthens the bonds in the relationship).
Here are nine ways questions can transform professional and personal relationships:
• Questions turn one-dimensional, arms-length business relationships into personal relationships that endure for years. “When a relationship is all business and there is no real personal connection, it lacks heart and soul,” says Sobel. “And therefore you are a commodity—a kind of fungible expert-for-hire.
A client—or your boss—can trade you out for a new model with no remorse or emotion. But when you’ve connected personally, the situation is transformed because clients stick with people they like. Bosses hold on to team members they feel passionately about. Your expertise and competence get you in the door, but it’s the personal connection that then builds deep loyalty.”
Sobel tells the story of a senior partner in a top consulting firm who had to meet with the CEO of a major client. Other consultants were nipping at their heels to get more business from this company.
This powerful, confident CEO, who was in his 60s and near retirement, had seen hundreds of consulting reports. At the end of a routine briefing, the senior partner paused and asked the CEO, “Before we break up, can I ask you a question?”
The CEO nodded. The partner said, “You’ve had an extraordinary career. You have accomplished so much, starting at the very first rung of the ladder, on the manufacturing floor. As you look ahead—is there something else you’d like to accomplish? Is there a dream you’ve yet to fulfill?”
The CEO was nearly stunned. He thought for a moment and replied, “No one has ever asked me that question. No one.” And then he began talking about a deeply held dream he had for his retirement. That question was the turning point in building a long-term, deeply personal relationship with an influential business leader.
• They make the conversation about the other person—not about them. Most of us don’t care what other people think—we want to know first if they care about us. The need to be heard is one of the most powerful motivating forces in human nature. That’s why one of Sobel’s power questions is, What do you think? Another is, Can you tell me more?
“There’s an anecdote I love about a woman who has dinner, in the same month, with two great rival British statesmen of the 19th century, Gladstone and Disraeli,” says Sobel. “When asked to compare the two men she says, ‘After my dinner with Mr. Gladstone, I thought he was the cleverest man in the world.’ And then she adds, ‘After my dinner with Mr. Disraeli, I felt as though I were the cleverest woman in all of England!’
“When you make the conversation all about you, others may think you are clever,” he adds. “But you will not build their trust. You will not learn about them. You will squander the opportunity to build the foundations for a rich, long-term relationship.”
• They cut through the “blah, blah, blah” and create more authentic conversations. No doubt you can relate to this scenario. A person says, “I want to bounce something off you.” Then, he proceeds to spend ten minutes telling you every detail of a very convoluted situation he is enmeshed in. You do yourself and the other person a favor by getting him to focus on the true kernel of his issue. Simply ask: What is your question?
“This is a tough-love question,” admits Sobel. “People will resist it—often strenuously. But you must ask it. It forces them to take the first step toward clarifying what the issue is and what advice they really need from you. You’ll reduce the amount of posturing people do and will move faster toward an authentic conversation.”
• They help people clarify their thinking and “get out of the cave.” The ancient Greek philosopher Socrates said that we perceive reality as if we are chained inside a dark cave. In that cave, we see only the blurred shadows of life outside the cave as they are projected on a dark wall at the back. Our understanding of reality is filtered and distorted.
By asking a series of questions, Socrates would engage his students’ minds in the learning process. In this way he uncovered assumptions and slowly but surely got to the heart of the issue. The “Socratic Method” is still used at Harvard Business School—and it can enable you to help others see the true reality instead of shadowy representations of it.
Instead of saying, “We need to improve our customer service!” Sobel suggests asking: “How would you assess our customer service levels today?” Or, “How is our service impacting our customer retention?” If someone at work says, “We need more innovation,” ask, “Can you describe what innovation means to you? How would we know if we had more of it?” Or if there is a call for more teamwork, ask, “What do you mean when you say ‘teamwork’?”
• They help you zero in on what matters most to the other person. The next time you’re talking to someone and realize you’ve “lost” her—she’s fidgeting, she’s stopped asking questions, maybe she’s sneaking glances at the clock—ask this question: What is the most important thing we should be discussing today?
You will instantly connect with what really matters to her—and the conversation that ensues will help her see you as relevant and valuable.
“Even if your agenda doesn’t get met, hers will,” asserts Sobel. “And then she will want to enthusiastically reciprocate. In business it’s critical to be seen as advancing the other person’s agenda of essential priorities and goals. When time is spent together on issues that are truly important to both parties, the relationship deepens and grows.”
• They help others tap into their essential passion for their work. One of the highest-impact power questions you can ask is, Why do you do what you do? It grabs people by the heart and motivates them. When they seriously consider and answer this question, the room will light up with passion. Dull meetings will transform into sessions that pop with energy and generate ideas that vault over bureaucratic hurdles and create real impact.
“We do things for many reasons,” writes Sobel. “But when you put ‘should’ in front of those reasons, you can be certain all the pleasure and excitement will soon be drained away. No one gets excited about should. In contrast, when you unveil the true why of someone’s work and actions—when you get them to start sentences with ‘I love to’ or ‘I get excited when’—you will find passion, energy, and motivation.”
• They inspire people to work at a higher level. The late Steve Jobs was notorious for pushing employees. He asked people constantly, Is this the best you can do? It’s a question that infused Apple’s corporate culture from the beginning. It’s one that helped revolutionize the desktop computing, music, and cellular phone industries. And it’s one that you can use too—sparingly and carefully—when you need someone to stretch their limits and do their very best work.
“Often, we settle for mediocrity when we need to do our best,” reflects Sobel. “Mediocrity is the enemy of greatness. Asking, Is this the best you can do? helps others achieve things they did not believe possible.”
• They can save you from making a fool of yourself. Before responding to a request or answering someone’s question to you, it’s often wise to get more information about what the other person really wants. When a potential employer says, “Tell me about yourself,” you can bore them to tears by rambling on and on about your life—or you could respond by asking, “What would you like to know about me?”
When a prospect asks, “Can you tell me about your firm?” the same dynamic applies. Most people go on and on about their company, but the client is usually interested in one particular aspect of your business, not how many offices you have in Europe. Ever seen someone answer the wrong question? It’s painful to watch. Asking a clarifying question can save you huge embarrassment.
“A potential client asked me for the names of three references to call,” Sobel tells us. “Instead of running around and drumming up the names, I pushed back, and asked, ‘What particular information are you seeking?
Any references I give you are only going to rave about me!’ It turned out the prospect had no interest in actual references. And in fact, had she called my past clients under that pretense, it could have been potentially embarrassing to me for them to make such a big deal about a small speaking engagement.
What she really wanted to understand was how other clients of mine had tackled the organizational resistance she was expecting. This question—and the subsequent conversation—turned a small lead for a keynote speech into a major, year-long project.”
• They can salvage a disastrous conversation. Sobel’s coauthor, Jerry Panas, recalls the time he asked a man named Allan for a million-dollar donation to his alma mater’s College of Engineering. Though he knew better, the author failed to gain rapport and explore Allan’s true motivations before jumping in with the big request.
When Allan rebuked him for his presumptuousness, Panas realized he had made a serious error. He apologized, left the room, and twenty seconds later knocked on the door and asked the power question, Do you mind if we start over?
Start over they did, and Panas ultimately discovered that Allan might indeed be interested in making a gift—but to the University’s theater program, not its engineering program!
“Things like this happen all the time in business—and at home,” reflects Sobel. “Interactions get off on the wrong foot, and someone gets angry or offended or just shuts down. But people are forgiving. They want to have a great conversation with you. Asking, Do you mind if we start over? will disarm the other person and make him smile. That smile will ease the way to a new beginning.”
One of the greatest benefits of becoming a master questioner is that it takes a lot of pressure off us, notes Sobel. It’s a huge relief to know that you don’t have to be quick, clever, or witty—that you don’t have to have all the answers.
Tags: Andrew Sobel, Power Questions Posted in Best Practices, Business advice, Viewpoint | Comments Off
Tuesday, February 14th, 2012
 Marti MacGibbon
By Marti MacGibbon
Doug is a manager at a large retail firm. Recently his department reported a significant drop in sales. Doug and his team are working diligently to earn a bigger market share this holiday season, so he wants to find a way to lead and instill confidence in his subordinates, but deep down he wonders if he’s got what it takes to rebound personally, let alone carry others along.
Bob’s office is down the hall from Arthur’s, and he works in the same department. Bob is always upbeat, even seems inspired in the face of adversity and challenge.
Doug knows that Bob, a newcomer on the team, joined the company after being laid off by a competitor. Doug admires Bob’s attitude and ability to rally staff’s confidence and morale. He asks himself how Bob does it and even wonders if it’s something Bob was born with.
Bob’s secret is his resilience, and he wasn’t born with it. He built it. Resiliency is the ability to bounce back, adapt to adversity, and roll with the punches. Resilience gives us the flexibility to restore ourselves, and our lives, after difficulty, trauma and loss, and it is a quality in high demand during these rapidly changing times.
Although there may be a genetic factor involved, resilience is not something you are either born with or not. You can learn, build, and develop your resilience. A sense of humor, like resilience, can also be learned and developed, and it, too, can really help you to roll with the punches.
Here are four strategies to help you build your resilience:
Get Connected and Stay Connected.
Resilience does not mean standing alone through hard times. Relationships with others who are supportive and positive are essential to achieving and maintaining resilience. Mentors, friends, family, advisors and associates can provide encouragement, experience, strength and hope during uncertain, adverse, or painful times.
Isolation creates brittleness and inflexibility – you’re more likely to sink into a negative state of mind when alone with losses, failures or trauma. And your connectedness involves not only receiving, but giving encouragement, experience, strength and hope.
When you reach out to support and share with others, you gain and build resilience and allow yourself a chance to heal from your personal injury or trauma. Get involved with support groups, community involvement, etc. And remember to have fun. Fun does wonders for your sense of humor, your resilience, and your health.
Look Back, Learn and Whenever Possible, Laugh.
Allow yourself to review past events and reinterpret them, drawing strength from your experiences. As you review your life, step back and look at yourself objectively, as if you are watching a movie. Review your story.
Find humor where you can, inspiration and courage where you can. Give yourself credit for character and grace and avoid blaming or judging yourself or others. Refuse to engage in beating yourself up or “should-ing” yourself to death. Accept the things you can’t change and take stock of the things that are within your power to change.
One thing that is always in reach, always in your power to change, is your attitude. Everyone has a story. Remember that you are the author of your life story; you may prefer to think of yourself as the director of your “life movie.”
If so, cast yourself as the hero! You can find your bearing and begin working toward a triumphant third act or conclusion. And, as in movies, a little comic relief can’t hurt.
Develop a Plan of Action.
If you want to build resilience, you will need a daily plan of action. Action creates motivation, and motivation creates more action. Always be proactive in the face of adversity, failure, loss, illness or injury. Advance in the face of difficulties or challenges, one day at a time. Remember, you’re working on the next scene in your life’s movie, so make it a comeback story – a triumph of the human spirit theme. Reach out and march headlong toward all that life has to offer. Think: I’m still alive. This experience did not kill me. What doesn’t kill me I can use to make myself stronger and more flexible. Set measurable, doable goals and be consistent with your action plan.
Keep Hope Alive and Practice Being Optimistic.
Always look forward to a bright future. Visualization is a powerful tool used by athletes, performers and people from all walks of life. At least once a day, take time to visualize yourself where you want to be, and celebrate it as though you are already there. Permit yourself to feel all the peace, exultation and joy that comes as you picture yourself in this specific happy situation, having reached your goal. It’s good to visualize the same thing each day – repetition programs your unconscious mind.
Write affirmations or use mantras. These tools can help you to establish your own inner cheerleading squad. When you choose a mantra, be sure it’s positive. “It’s temporary,” “I’m learning,” or “I’m healing,” are positive mantras. Obviously, “Why me?” or “It’s not fair,” are not positive mantras. Practice mindfulness meditation and develop skills to counteract negative feelings and mindset.
Always remember that if you feel good, things will go better. And feeling good is a choice. You can change negative thought habits; this has been scientifically proven with behavioral therapies. Use positive self-talk. Direct your inner dialogue, allowing moment-by-moment opportunities to encourage yourself as a friend, mentor, coach, and advocate.
Remember, it’s your movie, your life story. Often, the best-loved films are stories where underdogs triumph: where the lead characters, presented with adversity, discover their deep inner strength, embrace change, learn powerful lessons, bounce back, and ultimately win the day. Resilient people view difficulty as an opportunity to adapt, create, innovate, and advance in one or many areas of their lives. Does art imitate life, or is it the other way around? That’s up to you.
Marti MacGibbon, CADC II, ACRPS, is a certified mental health professional, humorist, inspirational motivational speaker, veteran standup comic, author, and member of the National Speakers Association. Her memoir, “Never Give in to Fear,” is available on Amazon.com and through her website, www.nevergiveintofear.com.
Tags: Marti MacGibbon, resliiance, sense of humor Posted in Best Practices, Business advice, Viewpoint | Comments Off
Monday, January 23rd, 2012
Eversave, one of the daily deal sites targeting women and their families, has compiled a list of eight tips to help consumers from being overwhelmed, supplying pointers to help them be smart about their use and purchases of daily deals.
“It’s easy to get caught up in the urgency of a one-day-only deal and feel like you’ll miss out if you don’t buy, but a deal isn’t really a deal if it’s not right for you.”
Daily deals are an excellent way to save money, explore new restaurants and try new experiences. However, Eversave wants consumers to think before they spend. Eversave asked eight expert bloggers for their best advice on how to use daily deals.
Tips include (also, see infographic below text)
- Just say no. “Only purchase deals you actually need and will use,” says Rachel Gordon of Mashup Mom. “It’s easy to get caught up in the urgency of a one-day-only deal and feel like you’ll miss out if you don’t buy, but a deal isn’t really a deal if it’s not right for you.”
- Limit the number of deal sites. Ashley of Frugal Coupon Living recommends limiting the number of deal sites to which you subscribe. “Choose sites based on your location and likes.” Sites like Eversave cater to women and frequently offer member perks whereas other sites might offer more nightlife-related deals that better suit your lifestyle.
- Keep track of expiring deals. Devon Weaver of Mama Cheaps sorts her deals by expiration date and then keeps them in a three-ring binder. “Stay organized! Keep purchased deals in a binder sorted by expiration date or mark those dates on a calendar. Setting up alerts on your phone works great, too! Now you’ll always know when a deal is about to expire.”
- Keep them handy. Keep your deal vouchers where you will see them and use them. Whether it’s in the glove compartment of your car or in your wallet, make sure you have your deals handy. Advises Karen of Koupon Karen, “Print out all your daily deal vouchers and keep them in folder near the door. Then when you are on the way out, you can grab the folder in case you want to use any of them while shopping.”
- Don’t let a good deal go unnoticed. “Shop deals early in the morning so you have time to share the best offers with friends,” says Beckie of Infarrantly Creative. “Some deal sites, like Eversave, offer credits and incentives when you share a deal and your friends purchase them too.”
- Remember birthdays and holidays. Andrea Deckard of Savings Lifestyle buys deals as gifts. “Create a list of potential gift recipients. Make notes of special wants, needs and sizes for each person. Watch the daily saves to purchase items on a discount,” she says.
- Don’t forget date night. Deb Sutherland of Frugal Living and Having Fun likes to get ideas from deal sites on where to plan date night. She said, “With all the various restaurants, hotels and attractions they introduce through their deeply discounted daily offers, dating has never been so much fun and affordable.”
- Only buy from reputable deal sites. According to Liza of Addicted To Saving, consumers should really make sure the deal site they are buying from is a trusted source. “I want to see that there is a customer service team available in case I have questions or concerns.”
“Yes, as a daily deal site, it might sound crazy that we are telling consumers how to use, buy – or in some cases – not buy daily deals. However, we want consumers to spend and use their daily deals smartly.”

Tags: Eversave, Frugal Coupon Living, get the most from a daily deal site, Infarrantly Creative, Koupon Karen, Mama Cheaps, Mashup Mom, Savings Lifestyle Posted in Best Practices, Blogging, infographic, Internet/New Media, Marketing, Viewpoint | Comments Off
Thursday, January 19th, 2012
 Vinod Khosla
Is it time to shelf the long-standing liberal arts-oriented education rich in literature and history in favor of more concentrated study of current events, biology, mathematics, foreign languages and computer programming?
Will the need for “elegant minimalism” in a data-swamped world thrust design and the arts to the forefront? Should students focus on their passions rather than “core” subjects because what they’ll need to know 10 years from now doesn’t even exist yet?
In short, what skills and knowledge will it take for young people to win the best jobs in the future and create new opportunities for others?
Against that backdrop, Xconomy today released its inaugural Xconomist Report. Available for download here, it comprises a wide range of thought-provoking responses to a single question: “What should students be studying now to prepare for 10 years from now?”
Co-sponsored by AMA Enterprise and Babson College, more than 20 internationally recognized innovators, entrepreneurs, educators and investors from fields as diverse as biology, computer science, energy, engineering, healthcare and government provided responses. With hundreds of years of collective experience, their insights will enlighten, entertain, infuriate and inspire.
“Education remains among the most hotly debated topics,” said Xconomy Founder and Editor-in-Chief Robert Buderi. “The stakes have never been higher and the future never cloudier thanks to dramatic technological shifts, increasing economic uncertainty and an ever-evolving global economy. Our Xconomist Report was undertaken to drive more dialog from a widely diverse, field-hardened group of thought leaders who collectively have great insight into what the future will bring — and what young people today will need to succeed.”
Responses include:
Vinod Khosla, General Partner, Kleiner Perkins Caulfield & Byers; Co-founder and first CEO of Sun Microsystems: “To me, the fundamental tools of learning stem (no pun intended) from science, technology, engineering, and math. This updated curriculum should eclipse the archaic view of liberal education still favored by institutions like Harvard and Yale based on a worldview from the 1800s… Furthermore, certain humanities disciplines such as literature and history should become optional subjects, in much the same way as physics is today (and, of course, I advocate mandatory physics study).”
Todd Park, Chief Technology Officer, US Department of Health and Human Services; Co-founder of athenahealth: ”Students should learn by studying how to start things — how to create and grow new products, initiatives, ventures and enterprises — a skill set that never goes out of style and that is fundamental to our nation’s future well-being and prosperity.”
 Esther Dyson
Esther Dyson, Investor, Technology Analyst and Philanthropist: “More than anything, they should be studying math, including statistics and probability, and programming. No matter what the subject, we will have huge amounts of data about it, and will need these tools to get meaning from the data… But in the meantime, don’t forget to read world literature so you can understand your place in history and know how to be a human being.”
Gururaj “Desh” Deshpande, Founder of the Deshpande Center for Technical Innovation at MIT; Chairman of A123 Systems; Co-founder of Sycamore Networks and Founder of Cascade Communications: ”In the old economy, individuals mastered a specific skill and practiced it over the course of a 50-year career. In the next 50 years, new graduates will probably change their field of practice every 10 years. They need a good work ethic, to be able to learn new things… Picking a problem they feel passionate about and finding a way to solve it builds confidence and gives students a taste of taking charge.”
Ann Marie Sastry, Co-founder of Sakti3, an advanced battery manufacturing spinout from the University of Michigan: “The notion that there is a gold standard — a favored text or tome, a single subject matter expert, or a single corporation with a single best practice, in any discipline — is really outdated. The ‘new normal’ is generation of information by multiple sources, and use of meta-analysis to sort for the most correct, most useful information. The winners in this era are those who can synthesize and execute, efficiently…”
Lisa Suennen, Co-founder and Managing Member of healthcare-focused venture capital firm Psilos Group: ”The Baby Boomers started turning 65 years old in 2011 at a rate of approximately 10,000 people per day, and that trend will continue for the next 20 years… The best thing you could possibly study is how to conceive of technologies, products and services that would appeal to the aging demographic.”
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Tags: Ann Marie Sastry, Deshpande Center, Esther Dyson, Guruaj Desh Deshpande, Kleiner Perkins Caulfield & Byers, Lisa Suennen, MIT, Psilos Group, Sakti3, Sun Microsystems, Todd Park, Vinod Khosla, Xconomy Posted in Studies, surveys, reports, TechLife, Viewpoint | Comments Off
Wednesday, January 11th, 2012
 Samantha McCollough
By Samantha McCollough, iDatix
A successful company strives to keep employees productive, and a knowledgeable business knows that happy people are more productive. Happiness at work can increase productivity by as much as 12% in fact, according to a study at University of Warwick.1
A story in CMS Wire quotes Paul Murphy, national sales director of Spire Investment Partners, who said technology such as an electronic document management system can make work easier and people happier.
“If employees are more efficient, they’re happier. If they’re happier, they’re more productive. If they’re more productive, you’re more profitable,” Murphy said.
Enterprise content management systems can make life easier for employees by cutting down on time needed to search through file cabinets, improve communication and collaboration with co-workers and automate repetitive tasks.
CMS Wire said that internal customers, or employees, matter the most in the quality and quantity of work output. According to the source, a satisfied employee is more creative, productive and dependable, which generates work that can make customers happy and encourage them to stay loyal to a brand or company.
Even though in the long run it can make people happy, Ed Yonker, CIO of Franklin County, Pennsylvania, warned that people get agitated when new changes come down at a company. It is important to reduce the level of frustration and dissatisfaction in the early stages to cultivate happiness with the new system.
Gaston County, North Carolina helped quell the impatience of the integration with education and training, CMS Wire said.
“Although the resistance to change has been far less than for ECM than other applications or new business processes, there are always people who want to continue doing things the way they’ve always been done,” says Brandon Jackson, CIO of Gaston County.
“However, the more we publicized the success of the departments that were our early ECM adopters, the more people began to realize how tedious working with paper actually is.”
Rochelle Waldoch, compliance and records manager of Ramsey County, Minnesota, told CMS Wire that they started watching training videos that featured characters from The Flintstones. She said just because something is technical doesn’t mean employees can’t have fun with it.
CMS also stated that the most effective change to a content management system brings a sense of togetherness for something everyone has in common, which in this case is becoming educated on a new form of technology.
On Inside Counsel, a website designed for law department leaders, Dennis Kiker, a partner at LeClairRyan in Richmond, Virginia, said that understanding and acceptance of a new program should come through training on the document management program. He said this also lets workers know that the new program is a priority for the company.
“Employees should be trained when they are hired, whenever the program is significantly updated and on a periodic basis thereafter,” Kiker said. “If possible, the training should be interactive and include a testing component to increase the likelihood that information will be retained.”
The direct benefits of a content management system, such as reduced paper costs and increased efficiency, are often clear improvements in obtaining a new system. Yet the indirect cause of employee happiness, and the increased productivity as a result of it, is another measurable impact that such a solution can have on an organization. With proper training and a simple transition, the company and employees stand to gain considerable advantages.
Samantha McCollough is PR director at iDatix, a Clearwater based small business and a leader in the development of ECM software.
Tags: CMS Wire, content management systems, Gaston County, Inside Counsel, MN, NC, Ramsey County Posted in Best Practices, Business advice, Columns, Internet/New Media, IT, Viewpoint | Comments Off
Tuesday, January 10th, 2012
By Joe Procopio
 Joe Procopio
I see Anil Chawla everywhere I go. And while my ego told me he was probably stalking me, it turns out he’s been an entrepreneur for a long time, even though it’s only been a year since he let everyone know.
That was the day Anil left his posh job pushing code at IBM, where he had been for over six years, to hop on the roller-coaster ride of full-time founder. Anil had been working under wraps to polish his product, TweetyMail (yes, I’ve spoken to him about the name, but you’ll remember it when you’ve finished reading this column). It’s a framework for accessing Twitter via email. He later expanded to TheFriendMail, which accomplishes the same for Facebook.
Anil Likes Email
But on Thursday, January 12th, Anil will be one of the five startups launching new products at the third version of Launch Day, which gets started at 5:00 p.m. in Bay 7 of the American Tobacco campus in Durham.
In fact, Launch Day will be a reunion of sorts for me. I’ve known co-host Jake Finkelstein for about 10 years since we worked at a startup together, and I met co-host Sarah Wechsberg at last year’s Triangle Entrepreneurship Week, where she is a co-founder.
Launch Day will also have music provided in part by Argyle Social’s Danny Olinsky, who was the winner at last year’s StatSheet Pongageddon .
Names… Dropped
But back to Anil. On Thursday he’ll roll out Archive Social, which helps companies that are under strict communication regulations (think financial and healthcare), monitor and capture social media activity and preserves the data in a way that those businesses need to remain in compliance.
But Archive Social isn’t just about compliance, the product will capture and store social media communication in an automated way for any company that needs that data stored.
This sets is up as potentially disruptive. We’re all using social media, we apparently can’t get enough of it, and we all know that there’s a social paper trail out there, but we’re not archiving it, even our own personal communication like we would with email.
All That Interest in Email Paid Off
Anil actually got the idea for Archive Social while working on another product during Durham Chamber’s Startup Stampede. And like the four other companies at Launch Day Thursday night, he’ll be on stage making his pitch to the public for their participation. In his case, the ask is for companies to participate in the pilot.
Why archive your social? Businesses have been largely cavalier about their social media usage, but ultimately they may find that they have to trust that said data will be there when they need it.
Those companies in Archive Social’s sweet spot, the ones that are under compliance, find the storage regulations far more stringent. But if we’re all going to start storing our social media communication, which we likely will soon, then won’t we want the same protection that the most stringent archivers are using? Like maybe something that will hold up as evidence in a court of law?
Some of you care about this more than others, and I think we both know who you are.
The Accidental Entrepreneur
Anil isn’t what you’d think of as your traditional entrepreneur. He wasn’t selling lemonade when he was four years old. In fact, he had very little entrepreneurial background at all. He went to school like all the other kids, knew he had to get grades, go to college, get a job, and kick ass at it.
But from day one he couldn’t escape feeling like he was not living up to his potential. He said to himself that if he spent the next year doing what he was doing, at the end he wouldn’t be fired up, he’d be disappointed.
Most people think that someday they’re going to leave their job and start their own business, and ultimately most people do not. When Anil left IBM, he wasn’t far enough along to live on the income from his startup, but he had gained the confidence that this would happen down the road.
Everyone Has to Jump
TweetyMail and TheFriendMail do well, continue to grow, and currently process about 1 million emails a month through the service. A chunk of his customers are paying, and it’s profitable.
Archive Social is a pivot. He’ll look to do a public launch in the middle of the year as a small/medium business play. The product will be his flagship… for now. If he finds something else that has the same kind of potential, he’ll build that, but like the other products that came before, he’ll continue to grow what he’s got.
Launch Day III: The Launchening
Like previous Launch Days (and most public pitch formats), each founder gets 3-5 minutes to drop knowledge followed by another 1-2 minutes to answer questions. It isn’t meant to be a contest, but rather a public request for help, whether that help comes in the form of pilot customers, testers, employees, or the old standby, investment, that’s up to each founder as they take the stage.
Launch Day founder Scott Kelly has also expanded, so to speak, and created a series of programs this year, including Startup High, a mentoring and educational program for local startup CEOs to show the ropes to high school students over two weeks this summer, and Startup Madness, an all-ACC program that pairs a local executive and a local student from each of the ACC schools. He’s even working on Pittsburgh and Syracuse, even though they aren’t official until 2013.
The four other presentations are Pruvop, who will be rebranding, INRFOOD, the latest from GoToAid maker Jaargon, Pengo working on peer-to-business loans for emerging markets, and Pasplore , a browser extension grabs data and brings it into a workable format.
Joe Procopio heads up product engineering for automated content startup Automated Insights. He also founded and runs startup network ExitEvent, consulting marketplace Intrepid Company, and the Intrepid Media writers network (http://IntrepidMedia.com). You can read him athttp://joeprocopio.com and follow him at http://twitter.com/jproco.
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Tags: Anil Chawla, Archive Social, Argyle Social, Danny Olinsky, GoToAid, IBM, INRFOOD, Jaargon, Jake Finkelstein, Joe Procopio, Launch Day, Pasplore, Pengo, ruvop, Sarah Wechsberg, Scott Kelley, Statsheet Pongageeddon, The Friend Mail, Triangle Entrepreneurship Week, Tweety Mail Posted in Columns, entrepreneurship, Events, Internet/New Media, Viewpoint | Comments Off
Tuesday, December 20th, 2011
 Two GOP Presidential hopefuls and Sarah Palin are distantly related to FDR.
The things you find out online never cease to surprise me. Ancestry.com, for instance, has shown that President Obama’s family tree connects him to both Sarah Palin and Rush Limbaugh as well as to Warren Buffett.
Now the site has found that GOP Presidential hopefuls Mitt Romney, John Huntsman and Rick Perry all have branches on their family trees connecting them to former Presidents.
Romney, the former Massachusetts governor’s family tree includes the most relations to former Presidents, including links to Franklin D. Roosevelt, Coolidge, Pierce, Hoover and both President George H.W. Bush and George W. Bush.
Not far behind in presidential pedigree is former Utah Governor Jon Huntsman, whose family tree boasts four former heads of state: Presidents Franklin D. Roosevelt, Coolidge and both Presidents Bush.
The buck stops with Texas Governor Rick Perry, who can claim President Harry Truman and legendary Texas Governor Sam Houston in his tree.
“We find in these politicians’ family trees links to the foundations of the country — early settlers seeking freedom and opportunities, Revolutionary War patriots, and even American legends,” said Anastasia Harman, Lead Family Historian for Ancestry.com.
Tags: Ancestry.com, Calvin Coolidge, Franklin D. Roosevelt, George H.W. Bush, George W. Bush, Herbert Hoover, John Huntsman, Mitt Romney, President Obama, Rick Perry, Rush Limbaugh, Sam Houston, Sarah Palin, Warren Buffet, William Goddard Posted in Internet/New Media, Viewpoint | Comments Off
Tuesday, December 20th, 2011
 The Mobile Edge Wifi Signal Locator key chain
By Frank Anderson
Today, it’s hard not to notice the endless array of ads for tech items on the market either for work or play. In many cases, we wonder how we ever lived without some of these convenient and fun inventions like the iPod or the Kindle.
As the holidays approach, it’s likely that you have at least one techie in your life who would love a new gadget or similar item to unwrap. But some items require quite an investment. What, then, should you do to show your good taste in gift giving without going into too much debt? There are plenty of solutions this year – both electronic or otherwise – that your techie will thank you for.
Calling All Signals
The WiFi Signal Locator from Mobile Edge only picks up signals from wifi, thus eliminating false readings that may be coming from other electronic devices like microwaves or phones. This small gadget – measuring less than 3 inches – fits easily into pockets and even comes with a key ring so it can be attached. This cool item is convenient in size and small in price, selling for under $30.
Give Them a Hand
For those on your list who suffer from carpal tunnel or tendinitis, a WarmMe Warm Mouse may just warm their heart this holiday season. This mouse actually keeps the user’s hand warm while they are using it. It’s convenient, too, as it works with any operating system. The price tag is also warm at under $30.
Give the Gift of Info
Even the most knowledgeable techie loves to learn more about current and upcoming new gadgets. So, why not give them the gift of information with a magazine subscription. Targeted to the subject your techie loves most, a magazine subscription can help to inform and inspire them all year long – usually for under $25.
Staying Comfortable – Even in the War Zone
For techies and gamers alike, a long day – or night – at the computer can start to get uncomfortable if not in the right kind of chair. The Tech Heated Massage Lumbar Cushion can solve that problem easily.
This ergonomically designed movable cushion is designed for lower back support, so it’s a great item for anyone who spends lots of time sitting in front of their screen. It also features a vibrating massage as well as heat therapy for aching back muscles. Although it can be acquired for under $25, you just can’t put a price on comfort.
Buying technical this year doesn’t have to break the bank. So, whether it’s a gadget or a gadget related item that you choose, the techie on your gift list will enjoy it – and based on the low price, so will your wallet!
Frank Anderson is a techie and gadget blogger. Within this passion he works with virtualwebhosting and other neat technologies.
Tags: Frank Anderson, Mobile Edge Wifi Signal Locator, WarmMe Warm Mouse Posted in Columns, Viewpoint | Comments Off
Monday, December 12th, 2011
 Krizia "Miss K"
Are women starting businesses for the same reasons as men?
According to Krizia (Miss K), executive producer and host of the Women Entrepreneurs HQ Online Show, women do have different motivations for starting a business than men.
“Since I have the pleasure of interviewing successful female entrepreneurs from around the world on my online show, I have been able to understand the motivations of women when launching their own businesses and in many cases, it’s different from men”.
“Money is an important reason why women start their own business, just like it is for men, but for the women I’ve interviewed, it’s not a strong enough motivator that would get them into a business that they hate and that they’d do solely for the financial compensation. The money is the perk that follows the passion and the purpose,” says Krizia – who uses just the one name.
Top 5 Reasons Why Women Start A Business:
1) Financial independence - For many women looking to attain the level of financial independence they crave, a business is the best way. Even for those women working their business part-time while still holding onto a full time job, financial freedom is the motivator.
2) Being in control of their own destiny - Things have come a long way for women in their careers, but in some industries and companies there are still low glass ceilings for women. Women are now operating their own 6-7-8-9 figure businesses and there are no glass ceilings insight!
3) Stay home to raise their family - Many women want to be able to stay home and raise their kids or at least have the flexibility to be more available for their kids. Becoming an entrepreneur is a much easier for women to consolidate the need to support their family financially and also be present for major milestones in their kids’ lives.
4) Do work that has purpose and meaning- Purpose and passion are two words that are extremely important to women when deciding to launch their own business. Most want to feel like they what are doing matters and has a positive impact on the world.
5) Give into their creative-self - Most women operate more from a right brain perspective and use their creativity in their work. For many female entrepreneurs, the confinement of the corporate box wasn’t allowing them to spread their wings creatively.
Tags: Krizia, women entrepreneurs, Women Entrepreneurs HQ Online Show Posted in entrepreneurship, Internet/New Media, Studies, surveys, reports, TechLife, Viewpoint | 2 Comments »
Friday, December 9th, 2011
By Pam Lontos
 Pam Lontos
Which are you more likely to believe: a company representative telling you how great their product or service is, or a recommendation from another person about how it worked for them? If you’re like most people, the words from a fellow consumer pull more weight than even the best written ad copy.
That’s why no matter what product or service you’re selling, you need to use testimonials from satisfied customers in every ad and marketing piece you create.
One of the main reasons why people don’t buy something is that they’re fearful of making the wrong decision. So when they see that a product or service is endorsed by someone else—someone in their same situation—that fear is minimized. Therefore, testimonials are a great way of influencing others to feel comfortable about buying your products or services.
Unfortunately, few business professionals actively seek out testimonials from their customers and clients. They mistakenly wait for people to give them testimonials, and when they do get them, they don’t know how to use them effectively. In reality, getting and using a list of strong testimonials is easier than you think. The following tips will help you get testimonials to increase your profits.
How to Get Them
- Choose satisfied customers who represent your target demographic. The best testimonials are written by people who are similar to your ideal customer. Therefore, be specific about who you solicit a testimonial from. Look over your customer files and choose the people who exemplify the best case scenario for your product or service. Say to them, “I’d love for you to share your experience with Product A. Would you please write a short testimonial?” Most people will cheerfully say yes. Since you want more happy customers just like these, let their words sell for you.
- Offer to write the testimonial for them. Often, if someone declines your request to write a testimonial, it’s because they’re too busy or feel they don’t have adequate writing skills. In that case, offer to write the testimonial for them. Simply say, “I’ll be glad to write the testimonial for you. Just tell me what you’d like to say about the product. You can review what I write and we can use it as is or you can change it.” Most people will leave the testimonial as is, happy they didn’t have to take the time to write it.
- Look through your past notes and correspondence. Chances are you’re sitting on a pile of testimonials and don’t even know it. Go back through your past emails and correspondence from customers and clients. Are there a few nice sentences in some of those messages? If so, ask the person if you can use their words in your marketing materials. They’ll often agree.
How to Write Them
- Show results. Whether you write the testimonial or your customer does, it needs to specifically show what results the person experienced from the product or service. A testimonial that simply says what a wonderful company you have or how nice you are is not saying anything meaningful for the reader.
- A specific testimonial will speak to results, for example: “Dr. Smith’s treatment ended my 20-year battle with migraines.” “Joe’s contracting remodeled my kitchen for $2,000 less than other bidders.” “Jones and Johnson CPA Firm reduced my tax liability by 30%.” The more specific a testimonial is, the stronger it sells for you. Specific testimonials take away the fear of making the wrong decision and help people feel safe about making the purchase.
- Keep it short. Each word of the testimonial should have value. Therefore, if someone writes you a page-long testimonial, edit out any words that don’t directly address the end result he or she received from your service or product. This doesn’t mean you change the meaning of what someone writes; you simply edit out the parts that don’t contribute to the meaning.
- For example, if someone writes a page about everything your company did to help them save 30% on their heating and cooling bills, you can condense it to one sentence, as in “As a result of ABC Company’s inspection of our home, we saved 30% on our monthly utility bill.” Often, the more words you take out, the stronger the testimonial becomes. Also, it’s easier to read and will stand out more.
- Include a name and title when possible. Rather than attribute your testimonial to “John S., Nebraska,” use the person’s real name, company name, title, and/or location whenever possible, as in “John Sanders, salesperson at Acme Company,” or “John Sanders, Omaha, Nebraska.” This makes your testimonial more believable. Most people will be happy to include their full name and other information, because the strongest human desire is to feel appreciated and recognized. Getting their name in print somewhere fulfills that need and is often perceived as fun.
How to Use Them
- Include a testimonial or two in your ads and marketing pieces. Whether you’re doing a print, online, radio, or TV ad, be sure to include some testimonials. For print, it’s best to have testimonials stand alone from the text rather than try to weave them into the ad copy. For radio and TV, either the announcer or an actor can recite the testimonial, or if your customer is agreeable, have him or her appear in your radio or TV spot to give the testimonial personally. Other marketing pieces that should feature your testimonials include your web site, brochures, direct mail pieces, postcards, billboards, newsletters, and even social media updates.
- Create a book of testimonials. Each time you receive a kind letter from a customer or client, highlight the key parts (the parts that state benefits to the customer), put the letter in a clear plastic sleeve, and compile it in a big binder. Keep this book or binder of testimonials in your store or office for customers to browse through while they’re waiting. Or, if your business is online, create a page where you feature all your testimonials. There’s no limit to how many testimonials you can include in your book or on your page.
- Frame your best testimonials. If you have a store or office, frame some of your best testimonial letters and post them on your walls. Again, highlight the best parts so your customers can easily see the benefits. If you don’t get foot traffic (or if you go to your customers), put the best testimonial letters in your “leave behind” kit—the package of information you leave behind for the prospect.
The Ultimate Sales Tool
The next time you’re writing copy for an advertisement or marketing piece (and struggling with what information to include) simply go to your past testimonials. It’s always better when someone else sings your praises, so let your customer sell for you. The sooner you start using testimonials in every marketing message you create, the sooner you’ll realize that testimonials really are the ultimate sales tool.
Pam Lontos is President of Pam Lontos Consulting. Pam consults with businesses and experts in the areas of sales, marketing and publicity. Pam founded PR/PR Public Relations and is a past Vice president of sales for Disney’s Shamrock Broadcasting where she raised sales 500%. She is the author of “I See Your Name Everywhere: Leverage the Power of the Media to Grow your Fame, Wealth and Success.” For more information on her consulting services, , email PamLontos@gmail.com or see: www.PamLontos.com.
Tags: grow your business, how to get and use business testimonials, Pam Lontos, testimonial tips Posted in Best Practices, Business advice, Viewpoint | Comments Off
Friday, December 2nd, 2011
By Kevin Joyce, VP of Marketing Services, The Pedowitz Group
 Kevin Joyce
There are three primary ways for data in your CRM to degrade:
- Marketing enters incorrect, incomplete, or non-standardized data, or corrupts good data
- Sales people enter in duplicate, invalid, or incomplete data
- The data just naturally decay in quality over time
Marketing: There is really no excuse for marketing entering incorrect, incomplete or non-standardized data.
Here is what we see happen over and over: Marketing goes to a trade show, gathers up a few hundred card swipes, brings the data back as a CSV, and has someone upload these as leads in the CRM system.
With little or no pre-processing of the data (“got to upload the ‘hot leads’ immediately”), the data is uploaded as it was entered by the event registrants:
- Misspelled names and titles
- Mal-formed fields (emails without “@” or “.” or with “ “, phone numbers with letters etc.)
- Junk data (Apparently many employees from “asdf” and “xxx” attend these events)
- Missing fields such as first name, last name, company name etc.
- No useful segmentation data: ie no Job Role, or Industry etc.
- Address data that defies segmentation rules (Missisippi, Oregan)
- Failure to specify “lead source” or “ lead type” during the upload
Here is how to fix this:
- Designate 1 or 2 people to do ALL of the data imports
- Train these people on the process for perfect imports every time
- Define a process for perfect imports that includes:
- Specific lead source and lead type for each person imported
- Specific de-dupe rules
- Pre-processing of data to eliminate records with junk or missing data
- Standardization of fields such as country names, state names, postal codes
- Mapping of all titles to a pick list of job roles (tedious but very valuable)
- If there is any industry data, map it to a standard pick list of values
- Checking all fields for the agreed syntax (email and telephone number especially)
- Make a list of 500 or so common junk terms and expletives, being careful that they are not a sub-part of a legitimate word, and use it to filter records
- If you are uploading data such as revenues or employees, convert to ranges as specified in the CRM
- Standardize dates for date fields
- CSVs default to using ASCII which obliterates the proper spelling of names that require UTF-8. As a result, simple CSV imports turn José, Mössinger, and Fernández into “Jos‚”, “M”ssinger” and “Fern ndez”. If you are going to send personalized email to someone, at least spell their name correctly – import the names with excel using UTF-8 format whenever possible.
- You could add a process to do real time validation of the domains found in email addresses, and there are also services for address standardization and validation.
- Import the data only through a marketing automation system, which could subsequently synchronize many or all of the records to the CRM. Use the workflow engine in the marketing automation system to implement many of the rules listed above.
Sales: Sales as a source of bad data in the CRM system is controllable with reports that find the issues, and management support to cajole the sales people into better behaviors. Appoint a data czar that regularly writes and runs reports to identify duplicates, and missing data. Insist that the sales reps clean up their own messes; otherwise they will not eliminate their bad habits.
Data Decay: Decay is inevitable, and in the recession some would say the rate of decay of data has accelerated as people change jobs at an increased rate. There are several options:
- Email nurturing to stay in contact with the people in your database and
- A preference center that encourages contacts to update their own information or
- Periodic data refresh and appending
With strict data standards, a documented import process, a data czar, and marketing automation to prevent bad data from getting in, your CRM system will be healthier, your marketing campaigns will be more successful, and your sales people will be more appreciative of the data they get from marketing.
Kevin Joyce, Vice President Marketing Services, The Pedowitz Group www.pedowitzgroup.co brings 28 years of experience working with a variety of high tech companies to The Pedowitz Group. He specializes in helping clients create effective demand generation strategies that focus on delivering both marketing efficiencies and revenue results. Kevin joins The Pedowitz Group as the agency’s vice president of marketing services.
Tags: data decay, duplicate data, how good data goes bad, how to fix bad data, incorrect marketing data, invalid data, Kevin Joyce, non-standardized data, Pedowitz Group Posted in Best Practices, Business advice, IT, Viewpoint | Comments Off
Friday, December 2nd, 2011
As social networking, smartphones, tablet devices and 24/7 connectivity increasingly transform the way society lives and works, the technology behind it is bringing about a dramatic shift in how people view themselves and others.
It reveals, among other findings, that consumer trust in a brand correlates strongly with how much they will spend with that brand.
So says Identity Shift: Where Identity Meets Technology in the Networked-Community Age, a new book written by leading market research experts, Allison Cerra and Christina James, from Alcatel-Lucent (Euronext Paris & NYSE: ALU).
The second in “The Shift” series of Web 2.0 analyses, the book looks at consumer behavior across all the key stages of life, from birth to adulthood, and reveals a wealth of interesting findings related to how people at different points in life use, and are influenced by, communications technologies such as:
- 43% of parents say it is difficult to protect their children from inappropriate content and offensive language online;
- 63% of young people in the study have “stretched the truth” about themselves to improve their online appearance;
- More than half of empty nesters and retirees spend time updating their social networking page to project the right image of themselves;
- Seven in ten have ignored friend requests to limit who sees their postings, yet 3 in 4 interact online with people they’ve never met in person; and
- There is a 60% correlation between how much a consumer said they trust a brand, and how much they were willing to pay them as a result, revealing the true value of consumer “trust.”
“As more of our lives are being lived on networks and the growing variety of devices that are connected to them, we are exposing more about who we are to others and companies serving us,” said Cerra, who also is Vice President of Marketing, Communications and Public Affairs for Alcatel-Lucent’s Americas Region.
“Earning the coveted trust of consumers is the key to unlocking new value and creating service potential in today’s networked age. But whether or not you are part of the technology industry, the findings in this book will open your eyes to how people set their public and private boundaries and how they differ across defining moments of an individual’s life.”
According to the research outlined in the book, with technology having such an effect on social behavior and the profiles individuals create for themselves, boundaries between ‘real’ and ‘virtual’ lives are breaking down – which is creating both positive and negative implications for consumers.
Tags: consumer trust in brands, how social networking affects society, Identity Shift Posted in Internet/New Media, People, Viewpoint | Comments Off
Thursday, December 1st, 2011
Brett Larson, Technology and Trends Expert and host of “Killer Apps“, visited the set of nationally syndicated “The Daily Buzz” TV series and offered advice on the best tech bets for the holidays and the must-have mobile apps.
Some of the featured must-have mobile apps and top tech ideas for the Holidays 2011 were:
- Amazon Mobile is a free shopping app for iPhone, iPad, Android, BlackBerry, and Windows Phone 7 devices. Amazon Mobile allows customers to quickly search, shop, scan barcodes to compare prices, and read reviews. Customers can purchase using Amazon’s secure checkout process, 1-Click® ordering and Amazon Prime shipping benefits. www.amazon.com/apps
- GroupMe allows you to stay connected with groups of people through text messaging or the GroupMe mobile apps. The product allows you to message multiple friends or contacts at once, share photos, or conference call across a group of people. GroupMe is really simple to use for anyone with a cellphone. www.GroupMe.com
- The Echo smartpen from Livescribe records everything you hear and write – whether words, diagrams, symbols or doodles, so you never miss a word. Simply tap on your handwritten notes with the smartpen to play back what was said at the exact moment in time. www.livescribe.com
- Stories come alive with the V.Reader Interactive E-Reading System! Children take a journey into a world of imagination while developing the necessary building blocks to grow into a confident and fluent reader. The V.Reader comes pre-loaded with a storybook and fun applications such as Photo Viewer, Video Player and art activities. www.vtechkids.com
- The Kyocera Milano is perfect for anyone wanting to make the jump to a smartphone. Milano has the power of Android in a compact, easy to use form factor with both a touchscreen and a slide-out QWERTY keypad. http://www.kyocera-wireless.com
- MagnoGrip’s Magnetic Wristband – crafted from durable ballistic polyester and embedded with strategically placed magnets, the band is ideal for holding nails, drill bits, fasteners, wrenches and small tools. www.magnogrip.com
- LG’s LW5300 CINEMA 3D Entertainment Bundles combine a top-notch LG CINEMA 3D HDTV, LG 3D-capable Blu-ray player and four pairs of comfortable and stylish 3D glasses, for an all-in-one package that’s sure to be a hit this holiday season. www.LG.com
- TiVo Premiere is the world’s first Smart DVR, giving families access to all their favorite cable TV shows plus virtually endless web entertainment from big brands like Netflix, Pandora, Hulu Plus, BLOCKBUSTER, Amazon Instant Video and more. www.tivo.com
- Tagg –The Pet Tracker uses advanced GPS technology to locate a pet’s whereabouts and will notify a pet owner via text and email if their pet wanders outside of the designated “safe zone.” www.PetTracker.com
- Corkcicle Voted the 2011 Best New Product, Corkcicle is a new and innovative wine chiller that will keep your white wines cold and chill your room temperature reds down to a more suitable drinking temperature. www.corkcicle.com
To view the segments online or to get more information on the featured technology, visit www.killerapps.tv.
These recommendations reflect the opinions of Brett Larson, host of Killer Apps, not TechMedia, publishers of the TechJournal.
Tags: Amazon Mobile, Brett Larson, Corkcicle, Echo Smartpen, GroupMe, Killer Apps, Kyocera Milano, LG LW5300 Cinema, MannoGrip, Tagg pet tracker, TiVo Premiere, V.Reader Interactive e-reading system Posted in Internet/New Media, Mobile, smartphones, Viewpoint | Comments Off
Monday, November 28th, 2011
Playing violent video games for one week changed the brains of young men, according to a new study likely to raise once again the question of how playing such games might affect behavior.
A functional magnetic resonance imaging (fMRI) analysis of long-term effects of violent video game play on the brain has found changes in brain regions associated with cognitive function and emotional control in young adult men after one week of game play.
The results of the study were presented today at the annual meeting of the Radiological Society of North America(RSNA).
Controversy raged for years
The controversy over whether or not violent video games are potentially harmful to users has raged for many years, making it as far as the Supreme Court in 2010. But there has been little scientific evidence demonstrating that the games have a prolonged negative neurological effect.
“For the first time, we have found that a sample of randomly assigned young adults showed less activation in certain frontal brain regions following a week of playing violent video games at home,” said Yang Wang, M.D., assistant research professor in the Department of Radiology and Imaging Sciences at Indiana University School of Medicine in Indianapolis.
“These brain regions are important for controlling emotion and aggressive behavior.”
Shooter games tested
For the study, 22 healthy adult males, age 18 to 29, with low past exposure to violent video games were randomly assigned to two groups of 11. Members of the first group were instructed to play a shooting video game for 10 hours at home for one week and refrain from playing the following week. The second group did not play a violent video game at all during the two-week period.
Each of the 22 men underwent fMRI at the beginning of the study, with follow-up exams at one and two weeks. During fMRI, the participants completed an emotional interference task, pressing buttons according to the color of visually presented words. Words indicating violent actions were interspersed among nonviolent action words. In addition, the participants completed a cognitive inhibition counting task.
The results showed that after one week of violent game play, the video game group members showed less activation in the left inferior frontal lobe during the emotional task and less activation in the anterior cingulate cortex during the counting task, compared to their baseline results and the results of the control group after one week.
After the second week without game play, the changes to the executive regions of the brain were diminished.
“These findings indicate that violent video game play has a long-term effect on brain functioning,” Dr. Wang said.
What do you think? We’ve noticed that playing violent shooter games can temporarily increase our aggressiveness, but the effect never seemed to last much longer than game play.
We suspect we’ll see a new wave of discussion about whether hyper-violent video games should be regulated, although any attempt to control free speech is apt to hit First Amendment road blocks.
Tags: affect of violent video games on cognitive function, brain regions important for controlling emotion and aggressive behavior, fMRI video game study, Indiana University School of Medicine, Indianapolis, shooter games changed brain function after one week of play, violent video games changed brain function Posted in games, Internet/New Media, IT, Studies, surveys, reports, University Tech, video, Viewpoint | 3 Comments »
Thursday, November 17th, 2011
By Nathan Jamail
Passion is one of those words that many people love to use but very rarely do they actually demonstrate it themselves. It easily can be the reason for almost any person or organization’s success.
Passion fuels everything good about a person or an organization, so why is it so hard to find people that are passionate about their jobs or the product or service they sell?
In most organizations, every leader can name a few of their great employees or bosses that have immense passion and will state 100% of the time they wish that all of their employees would have that same passion.
The same can be said of employees who wish their leader had more passion. Although not everybody can be passionate about their job or their business because some people just do not follow their passion (rather they follow a paycheck), as a leader one should strive to have most employees passionate about what they do.
This is not an easy concept, but most things that make people and organizations great are not easy – that is why they are great. There are a few things that individuals and leaders can do to make passion a mandatory part of their culture.
Do something you love
A person once said that you couldn’t really do what you want and will probably never get a job you love so just find one that pays well and try to learn to like it. This couldn’t be further from the truth. There are millions of ways to make a living in this world, so do something you love or love what you do.
A person’s passion will create value for customers, resulting in revenue from a customer or organization. In some cases, a person may not be passionate about the actual product or service they sell, rather they are passionate about the task of selling, helping customers or having personal success.
Being passionate has very little to do with what a person does and everything to do with why a person does it. Every decision made in life (hiring decisions, buying decisions, career decisions, etc.) can be based on our emotions-. Every person and every leader should strive to find the passion in their jobs and careers. People work for money, but when a person has passion for their work, they will gain a lot more than just money.
Make passion a job requirement
Some could argue that passion and attitude are subjective and cannot be measured or fairly managed, which could be true in some cases. Most leaders can look at their team and easily identify the members that are passionate about their career and the organization, and in almost every case, those people are the most successful.
The leader’s job is to help those without passion find it in their current role or help them find a role within the organization they can be passionate about.
If a leader wants their entire organization to be passionate about their job, they must make it mandatory. How serious should a leader be about making passion mandatory? Should a leader fire their top performer if they lack passion and don’t have a desire to be better regardless of their results? In most cases they won’t, but in time that top performer’s results may decline as the results catch up with their lack of passion.
Encourage passion
Passion is not an emotion that is taught, rather it is the result of a person doing the right job or having the right career. Leaders don’t necessarily have to mandate passion out of each person like being told to get to work on time, but they should recognize those individuals that lack the passion and strive to help them find it in their position.
In today’s economy it is not always enough to do a good job or know your business. A person and organization must have the passion to pass on to others. Passion is the fuel for an organizations success no matter what industry, region or economy one is in.
Nathan Jamail, best selling author of “The Playbook Series,” is also a motivational speaker, entrepreneur and corporate coach. As a former executive for Fortune 500 companies, and owner of several small businesses, Nathan travels the country helping individuals and organizations achieve maximum success. A few of his clients include Fidelity, Nationwide Insurance, The Hartford Group, Cisco, Stryker Communications, and Army National Guard. To book Nathan, visit www.NathanJamail.com.
Tags: Nathan Jamil, passion required for sales success Posted in Best Practices, Business advice, Columns, Marketing, Viewpoint | Comments Off
Tuesday, November 15th, 2011
 Joe Procopio
By Joe Procopio
It’s always good to get a second chance.
Ask anyone involved in the startup game and they’ll tell you: Part of the makeup of a great entrepreneur is the ability to deal with failure. This ability usually comes, oddly enough, with actually having failed, at least once, on the way to success. It’s a conundrum of the game.
The North Carolina Research Triangle had an accelerator, very recently, and it was successful, and it closed up shop, which caused a lot of disappointment and heartbreak within the startup community. But it’s important to note that while Groundwork Labs will fill the void left by Launchbox in the American Underground in Durham, it’s not a replacement.
It’s something new, with new players, a new mission, and a new vision.
And the fact that the RTP gets another shot with the acceleration concept, that’s, well, lucky, to say the least.
How It Works
Groundwork Labs, much like your traditional accelerator, will select promising startups for a three month session and load them up with the standard foundational elements: space, advice, connections, mentoring, and the all-important $20,000 in walking around money.
They’re starting quickly out of the gate, Spring 2012, which means you should get your application in yesterday. They expect to work with between five and seven startups per session and run at least one and hopefully two sessions per year.
I actually got wind of the Groundwork Labs news about a week ago, but I had been sworn to secrecy. I’m not sure why they were so worried. I’m not that kind of journalist. I’m the other kind. The lazy kind.
Official word broke yesterday afternoon, which happened to be just hours before the monthly ExitEvent social I host for area entrepreneurs, which happened to coincide with the TechJournal Deck Party, in Raleigh, which happened to fall on the eve of Internet Summit 2011 at the Raleigh Convention Center, resulting in a Catalina Wine Mixer of startup tech marketing investor type people in one place. So I had access to a lot of opinion. Others I got to via emails. Disclaimer: There was no free beer involved in the solicitation of opinion.
And overall the opinion is very, very hopeful.
What Do You Think?
“Love it,” says iContact’s Aaron Houghton, “Durham deserves it and many passionate entrepreneurs will benefit from it.”
“Launchbox proved that having a local incubator is important to the entrepreneurial ecosystem,” says Robbie Allen, CEO of Automated Insights. “It really helps raise the profile of all startups in the area.”
James Avery, founder of Adzerk and a very passionate voice when Launchbox closed up shop is, well, excited again. “I am thrilled to see that Durham will once again host an accelerator. I love that John Austin is involved as I think he has done a great job with Joystick so far.”
John Who?
John Austin, Director of Joystick Labs, will also head the Groundwork effort. Before any of the gamers freak out, nothing is going to happen to Joystick. It will continue to operate independently, though it does get a boost in efficiency of shared resources. Joystick will get its next semester underway this summer, and the two efforts will continue to operate in leapfrog fashion.
I got a chance to sit down with John again yesterday. We hadn’t really caught up since he took the helm of Joystick right before this year’s East Coast Game Conference.
The two players in Groundwork Labs, Capitol Broadcasting and NC IDEA are very excited about it, according to Austin. There will be synergy between the entities with resources obviously coming from the Underground, as well as the possibility that some of the startups chosen for Groundwork will come from NC IDEA – even though there will be separation in the process, with two separate application programs, etc.
NC IDEA, the grant program that has a symbiotic relationship with VC firm Idea Fund Partners, and another organization I got to dig down into recently, is another positive. Beyond being the region’s best kept secret for early stage entrepreneurs, they’re entire mission is to aid the area in terms of building up a successful, thriving, early-stage ecosystem.
“I think this is an important piece of the puzzle for building a stronger entrepreneurial ecosystem in North Carolina,” says Lister Delgado, Founder and General Partner at Idea Fund Partners.
“It is another way to help attract entrepreneurial talent to the state, and to keep the resident talent here. Besides the money and the assistance that an accelerator can provide to the entrepreneurs participating, an accelerator is a great marketing tool for the community. That is why we are excited to be involved.”
Two Types of Investment
Austin backs this up, and notes that NC IDEA and Capitol Broadcasting, who owns and operates the American Tobacco Campus, have split the infrastructure costs from the investment in the companies. This model is much like how Joystick operates. The investors see the investment in the infrastructure of Joystick as an investment in the entrepreneurial community. Not a donation, per se, but with an expectation for a different kind of return.
This is the critical factor in the potential success of Groundwork. Capitol Broadcasting has a business interest in seeing it succeed, through the American Underground and several other initiatives they have operating in the startup ecosystem. As for NC IDEA, early-stage success here is what their mission is built upon. Groundwork is almost like an expansion of their program, a runway off of the grant money, or even just the runway when the money isn’t a critical factor.
This vested interest, skin in the game, if you will, from the funding parties, is designed to give Groundwork enough time to decide whether or not the accelerator will work. That, of course, is up to the companies selected, and in some sense the rest of here in the area already hard at work at making the region stick as an entrepreneurial hub.
So in that sense, Groundwork Labs is another good sign. Second chances are hard to come by, so you’ve got to jump on the opportunity when they do.
Zack Mansfield, VP at Square 1 Bank and manager of their startup assistance program Square Roots, sums it up nicely. “It’s exciting to see a new accelerator for a lot of reasons but the most significant is that if this region is serious about becoming a top hub for startups, we need more of just about everything – more capital, more entrepreneurs, and more people in the ecosystem supporting new ventures to help them grow.”
Joe Procopio heads up product engineering for tech media startup Automated Insights (formerly StatSheet). He also owns consulting firm Intrepid Company and creative network Intrepid Media and runs the startup social ExitEvent. Joe can be reached via Twitter @jprocoand read at joeprocopio.com.
Tags: Aaron Houghton, Adzerk, American Underground, Automated Insights, Capitol Broadcasting, Deck Party, Durham, East Coast Game Conference, Exit Event, Groundwork Labs, icontact, Internet Summit, Joe Procopio, John Austin, Joystick Labs, LaunchBox, NC, NC IDEA, Raleigh, Research Triangle, StatSheet Posted in Columns, entrepreneurship, games, Internet/New Media, IT, Viewpoint | Comments Off
Friday, November 11th, 2011
 Gary Vaynerchuk keynotes the 2011 Internet Summit in Raleigh next week, which is nearly sold-out.
Fewer than 50 seats remain for next week’s Internet Summit, which is bringing hundreds of digital media and marketing thought-leaders to the Raleigh, NC Convention Center Nov. 15-16.
The event, which attracts a capacity crowd, offers take-away insight into social media marketing, search engine optimization, ecommerce trends, email marketing, we and mobile analytics, big data, cloud computing, startup fund-raising and much more.
You’ll have access to visionary thought leaders who will share their insight and experience with you. Hear from the founders of companies like Twitpic, TheLadders & HowStuffWorks! Not enough? How about a Keynote from Top rated SXSW keynote and ‘Social Media King’ Gary Vaynerchuk?
That’s just a sampling of the more than 120 speakers and presenters that will be on hand.
We interviewed just a handful of the many presenters. For a preview of what thought-leaders will be presenting at the event see:
The Internet Summit’s Talented Speakers & Presenters include:
- Gary Vaynerchuk, Co-Founder, VaynerMedia
- Marc Cendella, Founder & CEO, TheLadders
- Marshall Brain, Founder, HowStuffWorks
- David Payne, Chief Digital Officer, Gannett
- Noah Everett, Founder, TwitPic and Heello
- Ro Choy, COO, Formspring
- Liz Strauss, Co-founder, SOBcon & LizStrauss.com
- Brian Hitney, Developer Evangelist, Microsoft
- David Perry, Business Development Executive, Google
- Jack Krawczyk, Sr Product Marketing Mgr, StumbleUpon
- Traug Keller, Sr VP of Production, ESPN
- Catherine Cook, Co-Founder, myYearbook
- Eric Ranta, SVP of Value Engineering, SAP
- Micahel Cristinziano, VP Strategic Development, Citrix
- Doug Smith, Dir Product Management, Taleo
- Malin Huffman, Head of Product Development, NetSuite
- Jerry Cuomo, CTO WebSphere, IBM
- Lee Congdon, CIO, RedHat
- Jeff Ragovin, Chief Revenue Officer, Buddy Media
- Peggy Fry, Chief Revenue Officer, Clearspring Technologies
- Mike Relm, Founder, Relmvision
- Bob Young, Founder & CEO, Lulu.com
- Donna DeMarco, Co-Founder & VP, Viddler
- Emily Keye, Marketing Strategist, Bronto
- Tammy Gordon, Dir Social Communications & Strategy, AARP
- Markus, Renstrom, Head of SEO, Yahoo!
- Dr. Manuel Aparicio, CEO & Co-Founder, Saffon Technologies
- Julianna DeLua, Enterprise Solutions Evangelist, Informatica
- Tony Haile, General Manager, Chartbeat
- Ryan Mannion, Chief Technology Officer, Politico
- David Giambruno, SVP and CIO, Revlon
- Gaurav Howard, Sr. Dir Product Marketing, Marketo
- Michael Lubek, CIO, GE Global Applications
- Angela Connor, Social Media Manager, Capstrat
- Ryan Allis, CEO, iContact
- Prerna Gupta, CEO, Khush
- Kevin Dando, Dir Digital & Education Communication, PBS
- Clint Smith, Co-Founder & CEO, Emma
- Matt Crenshaw, VP of Marketing, Discovery Communications
- Scott Gunter, VP of User Experience, Usability Sciences
- Lindsay Wassell, Partner & Consultant, KeyphraSEOlogy
- Steve Ashley, VP Internet Marketing, Market America
- Dennis Gullitto, APM Product Marketing Manager, Compuware
- Scott Baker, Sr. Mgr Virtualization & Cloud Engineering, NetApp
- Jeramiah Dooley, vArchitect, VCE/Cisco Virtualization
- Gerard Bush, Chief Creative Dir, The brpr Group
- Ted McDonald, Analyst, Verisign
- Rob Ousbey, VP Operations Seattle, Distilled
- David Gudai, VP of Marketing, Storkie
- Glenn Mersereau, Dir of Internet Marketing, PHE
- Jim Tobin, President, Ignite Social Media
- Kevin Pomplun, CEO, SkyGrid
- Sherry Bastion, Web Creative Director, Lenovo
- John Lovett, Sr Partner, Web Analytics Demystified
- Drew Diskin, Dir of Interactive & Web Strategy, Penn Medicine
- Lynette Montgomery, VP Ecommerce, Burt’s Bees
- Noah Dinkin, Co-Founder & President, FanBridge
- Jessica Bowman, SEOinhouse.com
- Todd Moy, Sr User Experience Designer, Viget Labs
- Donna Bedford, Global SEO Lead, Lenovo
- Francis Shepherd, Media Evangelist
- Dallas Lawrence, Chief Digital Strategist, Burson-Marsteller
- Karen Albritton, President, Capstrat
- Thuy LeDihn, Senior Marketing Manager, .ORG
- Adam Covati, Co-founder & CTO, Argyle Social
- Kyle Scott Richardson, Social Media, NC National Guard
- Cara Rousseau, Social Media Manager, Duke University
- Loren Baker, VP of Marketing, Blueglass
- Matthew Muñoz, Partner & Chief Design Officer, New Kind
- Jill Whalen, CEO, HighRankings
- Jason Caplain, General Partner, Southern Capitol Ventures
- David Heaney, Senior Associate, TomorrowVentures
- John Lawrence, Partner & CFO, Longworth Venture Partners
- Brooks Raiford, CEO, NCTA
- Roger Krakoff, Managing Partner, Cloud Capital Partners
- Charles Nicholls, Chief Strategy Officer, SeeWhy
- Jeff Campbell, VP & Co-Founder, Resolution Media
- Gary Storr, Business Architect & Solutions, Nortel
- Jeff Spivey, VP Board of Directors, ISACA
- Doug Hanna, CEO, A Small Orange
- Lisa, Braziel, Strategy Director, Ignite Social Media
- William Blackmon, CEO, LinkMein
- Chris Condayan, Public Outreach, Am Society for Microbiology
- Kyle Scott Richardson, Dir of Social Media, NC National Guard
- Jill Carlson, Marketing Manager, Argyle Social
- John Lane, VP Strategy & Creative, Centerline Digital
- Michael , Gowan, Associate Dir of Web Strategy, Duke Medicine
- Dana Kirchman, SVP Head of Client Operations, Lumi Mobile
Internet Summit is an outstanding learning experience mixed with prime networking opportunities and entertaining keynotes.
There’s even 5 additional hours of intense session digging deep into Social Media, SEO & Search, User Experience & Design and Analytics when you add the pre-conference to your registration.
Tags: AARP, Buddy Media, Capstrat, chartbeat, Clearspring Technologie, cloud computing, David Payne, David Perry, ecommerce trends, email marketing, ESPN, Gannett, Gary Vaynerchuk, Google, Howstuffworks, Internet Summit, Khush, Marshall Brain, measuring social, Microsoft, mobile presence, myYearbook, NC, NetSuite, Noah Everett, online advertising, paid search, Politico, Raleigh, Red Hat, reputation management, SAP, SEO, social media marketing, startup strategies, TheLadders, Twitpic, usability, web & mobile analytics, Yahoo Posted in Amazon, Apple, Best Practices, Business advice, Carolinas, Cisco, Cloud, Education, entrepreneurship, Events, Facebook, games, Government/Defense, Internet/New Media, IT, Legal, LinkedIn, Marketing, Microsoft, Mobile, mobile games, North Carolina, smartphones, social media, Studies, surveys, reports, Tech Culture, TechLife, Telecommunications, video, Viewpoint | Comments Off
Thursday, October 27th, 2011
 Diane Ciotta
By Diane Ciotta
What’s In It For Me? This common phrase exemplifies the reality of how people are primarily focused on the things that matter most to them. This is well depicted in the story of a young car salesman who enthusiastically shared with his 75-year-old female prospect the feature of how the new model SUV’s spare tire bin was designed to double as a beer cooler; perfect for tailgating!
It is human nature to try to motivate another person from the same basis as one’s own perspective. However, being motivated is an internal effort and therefore arguably cannot be instilled in someone else; rather, it must be self-induced. A well-known athletic apparel company’s logo simplifies the act of “just doing it” and this would be a whole different world if everyone just did. Unfortunately, when it comes to managing employees, motivation is not a one-size-fits-all concept.
Different people are motivated for different reasons both personally and professionally. Particularly where employer/employee interactions are concerned, understanding an associate’s individual motivating factor can enhance coaching opportunities and improve productivity while reducing turnover.
Five common motivation factors are:
1. Compensation “Show me the money!” This phrase is often heard at casinos around the world, but is also often the mindset of an employee that has a purely financial perspective on employment opportunities. This is especially common amongst people in commission-based positions. A professional that is motivated by money is less concerned about title, perks or even recognition.
Instead, they operate from a ‘put it in my paycheck’ mentality. Their philosophy is that if they can’t cash it, it has no real value. This employee is usually self-motivated and as a result, often does not need a lot of coaxing to perform. They respond best to cash reward-based spiffs and bonuses which can be offered as additional incentives.
2. Advancement
A 26-year-old college graduate was convinced that he was making the right decision to turn down a position with a well-established corporation offering him a salary $15,000/year more than the start-up venture group that was also interested in him. His decision was based on his theory that it’s not just about the money.
His desire to learn and grow in his new position with the start-up outweighed the income potential of the corporation. An employee that is motivated in this way genuinely thrives on the concept of moving up the corporate ladder. Offering constant reinforcement of advancement opportunities and highlighting examples of internal promotions are excellent ways to maintain a high level of motivation for this associate.
3. Recognition
From The Grammy’s to The Emmy’s and from horseracing to reality TV shows, our culture has trained us to focus on first place. Is it the sense of accomplishment or the bragging rights? Perhaps a little of both! Most contenders just aren’t as excited about the silver medal or being the runner-up. Sadly in fact, second place has been referred to as “the first loser.”
Despite society’s perspective, for some people, simply receiving accolades for the effort of a job well done at any level is their motivating factor. Recognition builds self-esteem and confidence while setting a positive example for others. In the workplace, a photo on a wall, a designated parking spot or a shout out at the department meeting can mean more than a bonus to the employee motivated by recognition and usually doesn’t impact the company budget.
4. Security
The well-known definition of insanity is to do the same thing over and over and expect a different result. On the other hand, doing the same responsibilities over and over with a consistent result is considered job security. There’s an old joke about a 40-year-veteran accountant who would start every day by looking in his top right-hand desk drawer.
After his retirement, his associates were anxious to see just what it was that he peaked at daily. Upon looking, they found an old index card that read: “credits on the left…debits on the right.” In the case of the security seeking employee, minimal change implies safety and increases motivation. When assured often that their position is valuable and necessary for the long term vision of the company; it reinforces a comfort level and encourages maximum effort.
5. Personal Satisfaction
If the dream is big enough the facts don’t count. An aspiration, a personal objective or a self-established goal is the greatest encouragement to the employee that is more motivated by personal satisfaction than money, advancement, recognition or security. It is common for this employee to be willing to commit to activities that are beyond the call of duty in an effort to move closer to fruition of their own desire and not for any “at-a-boys” from the boss. In coaching this team member, gain a respectful understanding of their personal agenda and offer support to focus on what is necessary to accomplish those individual objectives which will simultaneously attain professional goals.
Identifying one’s own motivating factor can be the trigger to hitting a goal. Recognizing what motivates others will have a positive impact on the process of building good relationships both at the office and at home.
Diane Ciotta is the founder of The Keynote Effect, where she presents a passionate message of accountability and encourages activities to conquer complacency. As a professional speaker with more than 20 years of sales training experience, she is also co-author of the book, “Pushing to the Front,” with Brian Tracy. For more information, please visit www.thekeynoteeffect.com, e-mail di@thekeynoteeffect.com.
Tags: 5 ways to motivate staff, Best Practices, Diane Ciottta, improve your productivity Posted in Best Practices, Business advice, Tech Culture, Viewpoint | Comments Off
Monday, October 24th, 2011
As a technology-driven industrial revolution continues to create waves of innovation while also displacing many workers, a new e-book by two MIT Sloan School of Management experts outlines how individuals and businesses alike can seize the power of computers and networks to create jobs and opportunities.
“The book outlines ways for people to race using machines, instead of against them,” said MIT Sloan Professor Erik Brynjolfsson, director of the MIT Center for Digital Business, who co-authored the e-book with the Center’s associate director, Andrew McAfee.
“There’s never been a better time to be a talented entrepreneur or a worse time to be a worker with no special skills.
“We must help people move from the second category to the first one.” Detailing how real incomes were falling and unemployment rising even before the Great Recession, Race Against the Machine challenges the increasingly-common notion that the core problem is stagnation in technology and innovation.
Tech innovation is speeding things up
“Technological innovation is not slowing down America; it’s speeding up. Computers can now drive cars, translate among languages effectively, and beat the best human Jeopardy! players. But while digital progress grows the overall economic pie, it can do so while leaving some people — even a lot of them — worse off,” said McAfee, who is also a principal research scientist at MIT.
“To find the best ways to help them, we have to first correctly diagnose the problem. Erik and I are strong digital optimists, but we wrote this book to highlight the fact that the average worker is losing ground to cutting-edge technologies.”
New tech always led to job displacement
New technology has always led to job displacement, notes the book, which the authors published through Digital Frontier Press. “At least since the followers of Ned Ludd smashed mechanized looms in 1811, workers have worried about automation destroying jobs.”
An example of such fundamental shifts in the nature of work is that while about 90 percent of Americans worked in agriculture in the 19th century, only about 2 percent do so today.
Many former farm workers found new and better jobs in emerging sectors, such as the automobile industry. “The difference is that in the past, these changes happened over the course of a century or more,” said Brynjolfsson.
Core problem: human & organizationaal capital have not kept up
“The core problem today is that our skills and institutions — the human and organizational capital that complement technology — have not kept up. If anything, the gulf is on track to widen. We need a similar flourishing of new industries and better ways to use technology that put people to work.”
The authors agree that many workers are losing the battle with the machine. But they see hope in the fundamental fact that machines will never be able to fully replace the essence of human value.
“While computers win at routine processing, repetitive arithmetic, and error-free consistency and are quickly getting better at complex communication and pattern matching, they lack intuition and creativity and are lost when asked to work even a little outside a predefined domain,” the book says.
“Fortunately, humans are strongest exactly where computers are weak, creating a potentially beautiful partnership.”
With computers becoming increasingly powerful every year, “we’re at a unique point in human history: machines are encroaching on skills that used to belong to people alone” said McAfee.
“We haven’t been here before and we need to think long and hard about how to respond, how to make sure that computers and people race ahead together, instead of against each other”
Book offers recommendations
To help with this work, Race Against the Machine offers recommendations in two general areas. The first focuses on human capital, on helping people develop skills “so that they can complement, rather than be replaced by, the technology,” as Brynjolfsson put it.
The second set of recommendations outlines steps to encourage entrepreneurs to develop more and better ways to combine technology and labor to create value. “They can develop new business models that combine the swelling numbers of mid-skilled workers with ever-cheaper technology to create value,” according to the book.
“Digital progress is so rapid and relentless that people and organizations are having a hard time keeping up,” said Brynjolfsson. “Machines can become our allies, but only if we change the way we’re doing things now.” Like earlier industrial revolutions, this technology-driven one will play out over decades.
Also like earlier periods of industrial change, this one will “lead to sharp changes in the path of human development and history,” according to the book. “The twists and disruptions will not always be easy to navigate. But we are confident that most of these changes will be beneficial ones, and that we and our world will prosper on the digital frontier.”
The ebook, Race Against the Machine: How the digital revolution is accelerating innovation, driving productivity and irreversibly transforming employment and the economy is available via www.raceagainstthemachine.com and at Amazon.com.
Tags: M.I.T., new job creation, portrait of the digital world's labor problems, Race Against the Machine Posted in Business advice, Economic Development, Internet/New Media, IT, TechJobs, Viewpoint | 1 Comment »
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