Aug 1, 2012 | Collaboration, Strategy
Ever thought “how do we get anything done with all these meetings”?
It is a paradox, as the evolving recognition that meetings are essential to successful collaborative activity, and the growth of collaboration as a strategy grows rapidly, so does the propensity for meetings.
However, many meetings are just an excuse for idle people to fill up the time available, and make it seem worthwhile and useful.
Meetings are not a substitute for thinking, they are one of two things:
- A forum to communicate face to face when the issue is sufficiently complicated, or important that other forms of communication are insufficient in their depth of engagement to be as effective, so the meeting its worth the cost, or,
- A forum to throw away the shackles of hierarchy, functional silos, and culture, and address a problem/opportunity as a 5 year old would, with delight, and no inhibitions.
All other reasons for a meeting are just an excuse, and beware of the evils of “groupthink”.
Which of these two did your last meeting fall into?
How is your organisation managing the paradox?
Jul 17, 2012 | Category, Communication, Marketing, Sales, Strategy
Huge amounts of marketing dollars are spent to convince customers to come back. They try the product, leave, or just shop around, so we spend to get them back.
If marketing really was a war, as the analogies often go, it would be the same as expending resources to take a hill, then abandoning it to the enemy, only to have some general say take that hill, so the grunts go through the hell again.
How much easier to have kept it once taken.
Jun 22, 2012 | Branding, Marketing, Operations, Strategy
Why are we so hung up about ethical sourcing of coffee??
What about the electronics industry, and shoes, rare earth minerals, and many others?
Who bears the responsibility for the conditions of workers in the supply chains of successful businesses.?
Apple is the biggest, most profitable company the planet has seen, but the depredations in the supply chain at Foxxcon are well known.
If the labour cost of an iPad is, as has been calculated, less than $15, adding a few dollars onto the price to lift wages would do little to damp the demand, or indeed, Apple could make a few dollars less, reducing its whopping billions in cash flow by a miniscule amount, but would it be a few dollars less?.
A significant number, albeit a small percentage, of coffee drinkers appear willing to pay a bit extra for the “ethical” badge, surely the same would be the case with an iPad, fancy shoes girls cannot walk in, and many other product categories where differentiation is a key challenge. Benneton does, why not others?.
Jun 19, 2012 | Branding, Communication, Marketing, Personal Rant, Strategy
The current Australian government has a marketing problem.
Their other problems, trouble with the hung parliament, zealous credit card expenditure by MP’s, inability to out-communicate the drivel of the opposition, a rebellious electorate, a failed “moral Imperative” and others, are just the symptoms.
Every useful marketer knows that success depends on a relentless focus on clearly articulated longer term goals. When focus is allowed to shift to the crisis of the day, from the “main-game”, whatever that may be in your circumstances, to responding to the day to day, the marketing effort fragments and stumbles for lack of a solid foundation.
The problem with this Government, and the Opposition as well, is a lack of any long term goal the electorate understands beyond their selfish objective of retaining/gaining power, and if the electorate cannot buy into the government of the day’s priorities for various reasons, they at least understand the “why”, as a process of explanation has occurred.
Generally the pundits say the Government has a communication problem, but it is much deeper than that, they have no idea of what it is they wish to communicate beyond the press release of the day that they hope will dose the fire started yesterday. They have a fundamental strategic marketing problem, not just a communication problem.
Jun 15, 2012 | Management, Operations, Small business, Strategy
This is a term coined by Peter Drucker when talking about contract management, particularly in relation to older contractors who bring a wealth of experience and hard won wisdom to the table.
Using contractors, particularly high level ones brings a number of huge benefits:
- Turns a fixed cost of an employee into a variable, project specific cost.
- Easier to impose specific performance measures, as the responsibility of the contractor is to the task, and less to the cultural environment.
- They bring immediate resources to projects otherwise difficult to staff
- Offers the flexibility for enterprises to bring in specific skills from time to time, that they do not need all the time.
- Generalists, and those with a wide experience, are better at seeing how logically unrelated pieces may fit together, they are less concerned with ambiguity, than specialists, and less likely to “anchor” an analysis in their specialty, and narrow perspective.
Our economy is undergoing structural change, management productivity is under scrutiny, so it makes sense for businesses, from start-ups to huge multinationals, to take advantage of the big pool of highly experienced, mobile, and motivated older contractors.
Jun 7, 2012 | Management, Marketing, Small business, Strategy
Anyone who can read can read a Keats sonnet, but not everyone can “see” the lyrical quality, and feel the passionate introspection most have at their core. Those who can are truly literate in English poetry.
Data Literacy, a term I like, similarly implies not just an analytical capability, but also an intuitive capacity to understand the nuances and hidden gems in data, rather than just the capability to be informed by apparent outcomes.
Have you ever seen people making stupid decisions while pointing out that the data justified them?
I see it all the time. It seems to me that there should be a knowledge building chain here, rather than just a data analytical one:
- Gather data,
- Analyse data,
- Apply healthy skepticism to the outcomes,
- Gather more, preferably counter intuitive data,
- Pursue the trends, outliers, inconsistent data, apply informed analytics rather than statistics,
- Synthesis of the complex, often paradoxical information,
- Informed intuition, and data literacy evolves.
Not all numbers are equal, some are more reliable and informative than others, simply because they are the result of tested assumptions, and more and better informed questioning. The development of literacy takes time, effort, and resources, but is worth it.
