Tuesday, March 2, 2010

Harvard Business Review: Define Your Company's Business In One Sentence. | Bill Taylor

    My friend Dan Pink has just released a new book, calledDrivewhich explores "the surprising truths about what motivates us." In it, he identifies with clarity (and cleverness) the three big drivers of performance and success: autonomy, mastery, and purpose.

    Dan's advice speaks to individual performance, but some of it applies equally to business performance. With regard to having a sense of purpose, for example, he urges individuals to ask a question of themselves that I believe executives should also ask of their companies.

    Dan tells a story about Clare Booth Luce, the playwright, journalist, and Republican Member of Congress. In 1962, Luce met with President Kennedy, who was, at the time, pursuing an ambitious agenda domestically and overseas. She worried about his diffuse priorities. "A great man," she advised him, "is one sentence." President Lincoln's sentence was obvious: "He preserved the union and freed the slaves." So was FDR's: "He lifted us out of a great depression and helped us win a world war." What, Luce challenged the young, impatient president, was to be his sentence?

    What a powerful question — not just for great presidents, but for great companies, too.

    Time and again, as I've gotten to know companies that are winning big in tough industries, I've been struck by the clarity and simplicity of the one idea that drives them — their version of Luce's sentence. Here's Southwest Airlines: "We democratize the skies and give people the freedom to fly." Here's ING Direct: "We lead Americans back to savings." Here's Google: "We organize the word's information and make it universally accessible and useful."

    The lesson is as simple as it is subversive: It's not good enough to be pretty good at everything. You have to be the most of something: the most elegant, the most colorful, the most responsive, the most focused. For decades, organizations and their leaders were comfortable with strategies that kept them in the middle of the road — that's what felt safe and secure. In the new world of business, with so much change, so much pressure, so many new ways to do things, the middle of the road is the road to nowhere. As Jim Hightower, the colorful Texas populist, is fond of saying,"There's nothing in the middle of the road but yellow stripes and dead armadillos."

    Roy Spence, another Texas populist, and one of the toughest-minded business thinkers I know, is a cofounder of GSD&M, the legendary advertising agency based in Austin. In a provocative and brassy book, It's Not What You Sell, It's What You Stand For, Spence explains the easy-to-understand ideas behind the one-of-a-kind organizations he has studied or worked with over the years, from BMW to Whole Foods Market to the U.S. Air Force. Sure, these and other organizations are built around strong leaders, stellar offerings, and (of course) clever ads. But Spence is adamant that behind every great brand is an authentic sense of purpose — "a definitive statement about the difference you are trying to make in the world" — and a workplace with the "energy and vitality" to bring that purpose to life.

    His own firm walks the purpose-driven talk. His coauthor, Haley Rushing, serves as GSD&M's "chief purposologist" and cofounder of its Purpose Institute. Spence and Rushing argue that the virtue of being clear about purpose — what makes your organization different, what difference it is trying to make in its field and in the lives of its employees — is that it creates the strength to resist mimicking the stale ideas and outmoded practices of the competition. "You can look at an opportunity or a challenge," they explain, "and ask yourself, 'Is this the right thing to do given our purpose? Does this further our cause?' If it does, you do it. If it doesn't, you don't. If it's proof to your purpose, embrace it. If it violates your purpose, kick it out on its ass." (I told you the book was brassy.)

    In a chapter on the culture at Texas A&M, the huge (48,000 students), conservative, steeped-in-tradition university that traces its history to 1871, Spence and Rushing highlight a saying about the school that students have been reciting for decades: "From the outside looking in, you can't understand it. From the inside looking out, you can't explain it." That's a neat way to capture how it feels when your organization has a profound sense of itself — so profound that it can be passed on without articulation.

    Most companies don't have that deep and driving sense of purpose. So as you gear up for another year, one that promises to be every bit as tough and trying as last year, help it along by posing the question Clare Booth Luce asked of a president: What's your sentence? 

    Posted via email from LJJ Speaks!

    LjjSpeaks: 140 Characters. If you put them in a room it's a party. Yet, there are still some people who won't be party to posting them.

    Monday, March 1, 2010

    Terry Starbucker Blogpost: Secret to a lifetime of productivity and 5 ways to find it!


    The Secret To A Lifetime Of Productivity – And Five Ways To Find It

    by 
    STARBUCKER
     on FEBRUARY 28, 2010

    It’s not the “doing”.

    It’s not how fast,  or how well.

    Nope, it’s none of these.

    The secret to a lifetime of productivity is simply this:  Making the best selection of WHAT to do at any given moment.

    (Although it certainly doesn’t hurt to do things fast and well – as long as they’re the RIGHT things)

    In any day there are probably hundreds, if not thousands, of actions you can take.   Which ones you choose are critical to living a productive life, or being the most productive person at the office.

    It’s the art of constant prioritization – a mental “to do” list that goes through a special kind of algorithm, a kind that only a properly focused  human brain can pull off.

    And that’s the rub: a focused brain.  If we all had the time to sit down and write out all of the things we needed to do, and then painstakingly arrange them in order of priority, the world would certainly be a much more productive place.

    But we can’t do that.

    So we must develop an intuitive process to make these split-second assessments on the fly.  How can we help our brains with this task?

    I’ve found that there are 5 things we can consciously do to pave the way:

    • Turn off the yes reflex. Your brain doesn’t have a chance to react and process  if  “yes I can” is the first thing out of your mouth.  Over committing is the cardinal sin of productivity.   Try  “Let me think about it” or “I’ll get back to you“  – or just “no” (once you get better at the intuitive stuff)
    • Reduce the multitasking - severely.  Think about how hard it is to have a meaningful phone conversation while you are answering e-mail or Tweeting at the same time.  Now add the critical task of prioritization on top of that. Tilt!! Our minds are a marvel of nature, but there not that good!
    • Come up with a daily “Top 5″. While writing down everything is impossible,  you can certainly sit down and focus for 5 minutes every morning and at least put to paper the 5 most important things you need to do that day.  That’s it, just 5.  Your brain will thank you for the assistance  (I do this as often as I can, and it works very well).
    • Learn how to take the  “Big Picture”.  Don’t get lost in the weeds – take that step back before moving forward.  Taking a “big picture” perspective can only be enabled by your ability to pause, breathe, rise up a few thousand allegorical feet, and “see” the situation from a better place before making a decision.
    • Cut your losses on bad decisions. Don’t waste time carrying through on something that is clearly failing or not working. We humans are proud lot, and sometimes our “refuse to lose” attitudes can put us down dead-end roads that keep us away from more fruitful pursuits.  That pride needs to be swallowed every now and then.

    Do these 5 things consistently, and you’ll get the focus you need to make better and better decisions.

    And productivity will certainly follow.

    Posted via email from LJJ Speaks!

    Harvard Business Review: Ideas vs., Vision what will this decade bring?


    Having Ideas Versus Having a Vision

    ncken Jr., Donald L. Wass, Stephen R. Covey

    In the past decade, firms have been praised for ideas. Experts have celebrated the power of brainstorming and idea-generation techniques. Eureka light bulbs have populated the covers of many books. Businessmen have been asked to improve their creative attitudes. And 2009 was named the Year of Creativity and Innovation by the European Union.

    One consequence of a decade focused on idea generation is ideas are now more easily accessible, which has also made idea generation less of a differentiator in competition than it has traditionally been. When more than 30% of the population belongs to the creative class, as Richard Florida suggested in his 2003 book The Rise of the Creative Class, ideas are not in short supply. And with the diffusion of open innovation processes, ideas competitions, and the like, executives are increasingly exposed to a wealth of ideas.

    What is in short supply, I'm afraid, are visionary thinkers who will be capable of making sense of this abundance of stimuli — visionaries who will build the arenas to unleash the power of ideas and transform them into actions.

    Could the next decade be the decade of vision building? If so, we will witness a significant shift in the way we think about innovation, creativity, and leadership. Popular studies of creativity have suggested that the fast generation of numerous ideas (the more, the better); in contrast, visionary leadership requires a relentless exploration of one direction (the deeper and more robust, the better). Idea generation values a neophyte perspective; vision building is based onresearch and deep understanding. To generate fresh ideas we have been told to think outside of the box and then jump back in; vision building destroys the box and builds a new one. It does not play with the existing paradigms; it changes them. Studies of idea generation have lingered on variety and divergence, but vision building is based on convergence, on bringing others onboard. Ideas are culturally neutral as long as they help solve problems; visions are intrinsically ideological and biased towards a clear aspiration of how the world should be: They strongly reflect the personal culture of the thinker.

    I'm certainly not questioning the essential value of ideas. They will still ignite the innovation process. Tossing around a large number of ideas will still be important, especially for incremental improvements. It is not one or the other. It is a shift in the most rare and precious asset that will drive competitive advantage: visions. It's time for thought leaders to move beyond post-its and embrace a more advanced form of creativity. A radical form of think-action that somewhat resembles that of researchers and entrepreneurs fighting to implement their vision.

    What do you think? Is it time to call for a new form of creativity? If last decade was the decade of idea generation, will the new one be the decade of vision building?


    Roberto Verganti is the author of Design-Driven Innovation. Changing the Rules of Competition by Radically Innovating what Things Mean and has pioneered research on the intersection of strategy, design and technology management. A professor of the management of innovation at Politecnico di Milano, Verganti also is a member of the board of the European Institute for Advanced Studies in Management. He has served as an executive advisor, coach, and educator at a variety of firms, including Ferrari, Ducati, Whirlpool, Xerox, Samsung, Hewlett-Packard, Barilla, Nestlè, STMicroelectronics, and Intuit
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    Posted via email from LJJ Speaks!

    Adweek: Twitter is Big Biz for Big Biz.

    Thanks to contributing blogger Steve Atwell (RonRose.com) for finding this interesting tidbit:Original Post: http://www.adweek.com/aw/content_display/data-center/research/e3i23793066fb1d6b4fbf42a3a4ef0ba271

    Big Biz Embracing Twitter

    A study finds 35 percent of Fortune 500 corporations had an active Twitter account as of last year

    Feb 25, 2010

    Fortune 500 companies got into the Twittering act in a big way last year, according to a study released by the Society for New Communications Research.

    Thirty-five percent of Fortune 500 corporations had an active Twitter account as of last year (i.e., one with a post within the past 30 days), according to the study. Among the top 100 companies on the roster, 47 percent had a Twitter account. Twenty-two percent of all Fortune 500 companies had a "public-facing corporate blog," and more than eight in 10 of those linked directly to a corporate Twitter account.

    Four of the top five corporations -- Walmart, Chevron, ConocoPhillips and General Electric -- "consistently post on their Twitter accounts," according to the study, titled "The Fortune 500 and Social Media: A Longitudinal Study of Blogging and Twitter Usage by America's Largest Companies." (ExxonMobil was the exception.)

    In a breakdown by industry, 13 of the Fortune 500 insurance companies had an active Twitter account, making that sector the most likely to tweet. Eleven of the food-related companies used Twitter.

    Elsewhere on the new-media front, the study found 19 percent of Fortune 500 corporations using podcasting and 31 percent using video blogging. The rise in podcasting from the previous year was fairly modest (up from 16 percent). But the rise in video blogging was steep (from 21 percent in 2008). The study did not include comparative data from 2008 for companies' Twitter usage.

    The study was conducted by Nora Ganim Barnes, senior fellow and research chair of the Society for New Communications Research (as well as a marketing professor at the University of Massachusetts Dartmouth), and Eric Mattson, CEO of Financial Insite, a Seattle-based research firm.

    Posted via email from LJJ Speaks!

    Fast Company: Is Local TV News More Popular than Online News? Pew Survey say.....

    Original Post:  http://www.fastcompany.com/1565877/pew-survey-finds-local-tv-news-more-popular-than-online-news-nations-tv-anchors-relieved?partner=homepage_newsletter


    Pew Survey Finds Local TV News More Popular Than Online News; Nation's TV Anchors Relieved

    BY DAN NOSOWITZToday

    The Pew Research Center's Internet and American Life Project conducted a survey to find out how Americans get their news, and the results are actually a bit surprising at times--especially the fact that both local and national TV news are significantly more popular than online news. And yet somehow, nobody seems concerned about the grave threat local news poses to our venerable institution of online news. Wake up, America! Turn off the TV and read this!
    Really, though, almost everybody (92%) gets their news from multiple platforms. For 78%, that includes local news; national news (including both cable news like CNN and network broadcast news) comes in at 73%; online news manages 61%; radio sneaks away with 54%; local newspapers snag 50%; and national (non-local) newspapers like USA Today get only 17%.
    But the important takeaway here isn't only that local news is extremely popular, it's a continuing movement toward a dissemination of sources. 60% of Americans take advantage of both online and offline news, and even within those platforms, there's a noticeable trending towards a multitude of sources. Online, few (35%) even identify a single favorite news site, and the majority (57%) visit two to five sources online, mostly deciding on "regulars" by age, political party and ideology. That selection of different sources can be read a few different ways; sure, it's an overload of information, without one decisive voice, but it also allows the audience to see events from a few different angles, which is all the better. 70% do find the amount of information available to be "overwhelming," but hardly anyone chooses to restrict themselves, which is telling.
    The power of local TV news is pretty interesting, especially since local online news is not particularly popular--most online readers opt for national or international coverage rather than local. But in the big picture, local TV news is still the most popular source in this country.

    Posted via email from LJJ Speaks!

    LjjSpeaks: When social networking you are facing a screen. A screen can place a barrier between you and others if you allow it to.