Archive for January 2nd, 2008

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Yep, if you're a hipster douchebag that still loves TV, you'll need one of these things...If you’re one of the 14.3 million households that currently gets their television via over-the-air broadcasts, you’ll be without a signal come February 18, 2009. That’s the date the US switches from old, boring analog to what is being called by high-ranking officials as “the new hotness” or… digital.

But, you’re not completely out of luck. As of yesterday, the US government is giving away 33.5 million $40 coupons to help people buy converter boxes (expected to cost between $50 and $70) so they continue to suck on the sweet electronic teat without interruption. No, don’t call your physician or wash your eyes out with bleach, you read that right: the US government is spending $1.5 billion to help people watch TV.

Continue reading Millions of $40 Television coupons now available from the government

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Here’s a great sentiment for all of us this year. Print it out and tape it where you can’t miss it—you probably won’t need it right away, but it’s ability to inspire will increase dramatically as the year goes on!

What are you doing to break out of your box this year?

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I’ve added a new category for 2008 that I think will prove interesting for you to read—and for me to write, which is always an important consideration.

Being at the forefront and engaging the minds and hearts of others isn’t limited to people, companies and ideas themselves can lead, whether long-term or in the instance.

Leading factors will look at these, some serious, some a bit light-hearted and some downright silly. They’ll all be grist for the leading factors mill.

We’ll start with Sgts. First Class Budge and Boe, shortly deploying to Iraq as the Army’s first therapy dogs for soldiers in combat.

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The two black Labrador retrievers will be stationed with the Army’s combat stress units in Tikrit and Mosul. Their role? To help soldiers deal with the stress of fighting overseas. According to occupational therapist Sgt. Jack Greene, “The major thing is, they are going to help us knock down the stigma around mental health.”

Having lived in San Francisco I remember when the SFSPCA started training volunteers in Animal Assisted Therapy. AAT has made an astounding difference in thousands of lives and it’s nice to know that it will soon be helping in Iraq.

Do you know someone who has benefited from AAT? Do you’ve a leading factor story to share?

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I love writing rhymes, but I take no credit for this one. Business Week’s Marc Miller, as edited by Deborah Stead did a terrific job encompassing Business2007 in this witty, slightly irreverent rhyme.

Many Happier Returns
2007, Christmastime:

The season might seem, well, sub-prime.
It’s hard to keep up calm composures
Totting up last week’s foreclosures,
Nor do sunken CDOs
Inspire hearty ho-ho-hos.
Add to those a plunging buck:
How long will it be out of luck?
But for a nanosec, what state
We stow the doom and gloom away
And summon superior times, not worse,
With this, a modest yuletide verse,
A yuletide verse that for a change’ll
Not be penned by Roger Angell:
Many happier returns
To Merrill, Citi, and Bear Stearns.
To Ford, a hybrid SUV
That gets 100 mpg.
To Apple, after iPhone/iPod,
One more smash to form a tripod.
For 3M, at least a mockup
Of some goo that sends your stock up.
Amazon: We pray the wind’ll
Fill your sails as you launch Kindle,
And let’s hope those inkjets might
Make Eastman Kodak’s picture bright.
May the 787
Rocket Boeing’s stock to heaven,
And, in going still more global,
Please get greener, ExxonMobil.
Motorola, time has flown;
May you get past the 3G phone,
And may the cash flow stay as free
At IBM and P&G.
Biofood, please be Viagra,
Lifting profits at ConAgra.
Post-misguided market hype,
May eBay soon bounce back from Skype.
Might Walt Disney’s wish be granted,
That its grosses stay Enchanted.
Anyway, of this we’re certain:
Nothing will harm Halliburton.
On a human scale, a thankee
To Fed Chairman Ben Bernanke;
Keeping rates so calibrated
Isn’t simple, as you’ve stated.
Let a rum and Coke be sent
To new Coke honcho Muhtar Kent,
While Howard Schultz, we hope that Starbucks
Still pulls in the coffee-bar bucks.
Richard Branson, further glory
Spreading Virgin territory
(Hope you’re not in for a shock
Should you acquire Northern Rock).
Google’s looking pretty fit;
We hope it stays so, Eric Schmidt,
But if you find you have to rough it,
Rough it à la Warren Buffett.
Let more Hockneys be bestowed
On Eli Broad (it rhymes with “road”),
While for Jeff Zucker, this we’d like,
A quick end to the writers’ strike.
Martha Stewart, season’s greeting;
How’s that linzer torte you’re eating?
Share a piece with Jerry Yang,
Who’s talking shop with Dennis Hwang,
But don’t give one to Roger Ailes,
You’ll tip the fair-and-balanced scales.
Here’s a hope not too much work’ll
Spoil the season for Ron Burkle,
Nor will hours on the phone
Keep Christmastime from John Malone.
Lastly, heartfully expressed:
Rupert Murdoch, take a rest.
For us working stiffs, well, peace,
And no more U.S. debt increase,
A White House race that’s not just ads
Or faux debates or hanging chads.
For readers, Web or otherwise,
A font that doesn’t strain your eyes,
And no more news of Britney Spears
For 10, no, make that 50, years.
For well-behaving girls and boys,
A sleigh of not-from-China toys.
May hooked-on-Facebook teens find smiles
In umptymillion Facebook files.
Us fortysomethings hope we gaze
On ever-swelling IRAs,
And might well-heeled retirees
Survive those 401(k) fees.

champagne.jpg Have a happy, celebrate,
And see you in 2008.

Have you written any good (or otherwise) rhymes lately? Share them—please!

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I love Google Alerts, they help me find stuff I’d never find on my own making it simple for us non-surfing, lazy folks.jim_estill_cdn.jpg That’s how I happened to see the post on CEO Jim Estill’s blog. You need to read it (it doesn’t take that long) for the rest of my post to make sense.

Following Jim’s lead, block out at least an hour a week (more is better) to stop being busy—no email, no texting, no phone, no surfing, no ipod, no Television, no nothing—and just let your mind roam. Don’t push it, let it mull. Advocate subjects, but don’t force them if your mind wants to go elsewhere.

It will take some practice and don’t be surprised if you hear your mental mulling gears creaking in their effort to turn, but persevere. The results will be well worth the effort.

And if you’re working to increase innovation in your company you’ll find integrating an uncharted hour into your corporate culture will go a long way to making that happen.

Busy is not conducive to creative thinking!

Think about which gives the highest ROI then print it and tape it on your monitor, the mirror’s in the restrooms and wherever else you select.

Then DO it.

When do you do your most creative thinking?

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The old adage “praise in public and criticize in private” should be the guiding light for bosses looking to provide a year-end wrap-up of how the company (or any organization) did along with a rallying cry for the coming year.I’d like to share a superb example of this in the form of an email sent by the CEO of a small company with which I work that’s coming off a bit of a rocky year. Only the names (company and people) were changed for confidentiality.

From: Chuck Lorkin
Date: December 28, 2007 11:23:08 AM PST
To: All@QuikTap.com
Subject: What to expect in 2008

Hello Team QuikTap,

I am very proud of the effort you’ve all put in to ensure us moving forward during the past year. Every area of the company has experienced major improvements, but what stands out most are the achievements of the product development team (especially Jim with help from Geoff & Roger) in launching QuikTap Query Version 5. Through their work we have become one of the top three vendors in our market in look & feel and we’re #1 in ease-of-use coupled with breadth of functionality and transaction processing power.

Several of you are asking how QuikTap will do in the worsening general economic climate. We’re well positioned due to several factors, most of them resulting from our strategic decision to build the business without significant outside investment:

- QuikTap has a very low cost base and higher productivity per dollar than comparable software firms. Part of this is due to making our operations very efficient during our lean years of low sales.

- QuikTap’s products are positioned to have high functionality at a relatively low price – we’re more inexpensive than our competitors. In an environment where corporations are spending less on IT, they’ll be more inclined to purchase software that delivers 80% of the functionality at 20% of the cost.

- QuikTap has a more efficient marketing infrastructure than our competitors. Each dollar used on marketing has a significantly higher return. According to our calculations, we’ve an advantage to our competitors of a factor of 10.

During this quarter we have augmented the sales team by hiring a Sales Manager (Sharon) and a new rep (Jerry). As a result, we expect 2008 to be a much stronger year in sales – both have previous experience with product marketing and sales of information capture products. Another noteworthy point, from a sales perspective, is that QuikTap is the best branded company in its field on the World wide web. Craig has done exceptional work with on the web marketing, thinking innovatively and getting us to a first page position for all important search terms and with respect to social networking. This is bringing in leads and creates relationships that were previously outside our reach.

We also have an inchoate business development effort led by Tom who is collaborating with retailers and software vendors to increase our visibility and create partnerships.

Support response times are lower and greater satisfaction from customers is making it significantly easier for the sales team to interact with customers. The people in support keep on churning out solutions for our customers, in effect creating the basis for the company to leverage upon.

In 2008 I anticipate that the platform we have built during the past 18 months will begin to generate significant revenues. Having good marketing and sales teams, commencing business development and having good products to leverage in the market will move us into a leading position in our industry.

I’m grateful that I’ve the chance to work with the team we’ve now and look forward to QuikTap growing by leaps and bounds in 2008.

Chuck

How do you wrap up the year in your organization?

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The Challenge

Kay’s finally settling into her role as entrepreneur. She’s enjoyed hearing success stories from others, learning new tips and techniques and gaining advice from this great group of business bloggers at b5. Her days are full and she rarely has time to sift through the volumes of content on the internet. So, she asks you: if she only read one post ever on b5’s Business Channel, what would it be?

kid-cooking.JPGCongratulations, Kay! You came through this holiday season with flying colors and your KidChef products are still selling like crazy. By mail and email, every day brings glowing letters from parents and kids about how much they like them and how they never thought cooking together could be this much fun.

Your kids love telling all their friends about them and your daughter even insisted on wearing hers to school on show and tell day. Even your husband is impressed at how fast your business is growing and how well you’re handling it.

You weren’t sure at the beginning that you could do it, but now you know that you can make KidChef into a real business selling across the country and maybe even internationally. Who knows, maybe even a spot on the Food Channel. The possibilities are dazzling and you can’t wait to make them all happen.

And that’s why, beyond all the great advice, how-to’s and information available to you I want you to read 1st Surefire Way to Sink Your Start-Up over at Small Business Boomers. (Yes, I know you’re not a Boomer, but read it anyway:)

You see, Kay, you’re facing one of the most perilous things that can happen to an entrepreneur—run away success. This kind of success often gives rise to, as it’s called in Silicon Valley, founder ego—the underlying belief that since you were smart enough to think of the idea and take it this far you’re smarter than your advisors and employees. Not a good way to move forward.

So, read Jim’s wise words and feel free to give me a call at 866.265.7267 if you’d like to discuss it further.

Have you every succumbed to founder ego? Or worked for/with someone who did?

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I found a great ‘who cares’ quote w/link about leadership vs. management at Raven’s Brain. It was followed up few days later by a post at Gura’s Blog,

I got into a Leadership program at work. One of the main points is defining the difference between management and leadership. The jist is that management deals with specific tasks and functions and that leadership deals with people. You don’t have to be a manager to be a good leader. As the Kali lessons have repeated time and time again, to be a good leader, you’ve to also be a good follower and thus the term of “managing up.” I personally dislike the business jargon that implies a one-way street in leadership and/or management. Yes, a leader must step forward, but before the step is taken they’ve to do a lot of listening and observation and be aware if anyone is actually following them in the direction they’re going into.

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Smart gal—one-way streets exist only in the imagination as long as the people involved can walk away.

It’s a fascinating blog by a real person, sans MBA, who is following a more patient career path than you find in the US. Reading through some of the other posts, you get a good sense of who/how she is at work and at home.

Gura is acting manager now that her boss retired and, based on the person revealed in the blog, if her senior managers have any sense they’ll make it permanent in June.

Just an aside, but Gura’s writing skills will bring tears to the eyes of most American managers when they realize that she’s in the Philippine’s.

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