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New York State says all you need is a dollar and a dream for the lotto. I say all you need is One Note, Paint.NET, Word Press and something worth sharing for a profession.
Here I am posting a high level view of the convergence of physical and virtual space as it relates to retail or the act of shopping. It has been agreed that a multi channel solution for retailers is important… so neither of these components are going away.
The opportunity for convergence is blending them into one cohesive experience for the consumer. The outcome of this innovation is significant, most importantly more satisfied customers and improved revenue for the owners. This also lays the foundation for additional operational efficiencies (inventory management, load balancing and understanding consumer insight) and gives corporate retailers / brands the opportunity to distinguish themselves.
Reflection: Have you ever heard the expression “Dress for the job you want, not for the one you have.” All I have to say is that I am wearing sandals today and am pretty happy about it.
Feeling the pressure. After several days of intense postings of thoughts. Several things have become clear.
Quote of the weekend: “The objective of a question is to obtain information that matters to us and no one else” William Forrester – If you can guess who he is… well that is worth fifty cents.
Just admit it, we all have our little dreams (I avoided the use of “fantasy” out of fear of getting harassed all day in the office) of diagrams floating in our heads. Sometimes looking back helps us look forward. What I really liked (disliked) about this Wired story from October 2007 is that it failed to cover the devices that are in most use today. Maybe we could call that lack of Contextporn. Where is my info on mobile devices? Storage mediums? Servers? Cost per website click? And of course laser disk players.
So the point to this ramble is that the resources used and the eyeballs / mindshare applied towards this infoporn might have been better spent if the information represented that was more relevant in our lives.
http://www.wired.com/gadgets/gadgetreviews/magazine/test2007/st_infoporn
The cost of Living on the bleeding edge of gadgetry.
Historically, Americans have taken their time getting comfortable with new technology before forking over serious cash for it. When color TVs came out in the 1950s, consumers were entranced. But it took another 20 years for half of US households to ditch their B&W sets; two decades later, DVD players hit that benchmark in just six years. If you think those flatscreen HDTVs are pricey, consider this: They cost about the same, adjusted for inflation, as the first color TVs. Here’s a look back at what we’ve paid for gadget lust.
Sunday 4.26.2009
What a gorgeous weekend here in Sunny Syracuse. The weather was fantastic and my daughters are two days older. A couple of reflections include:
For others who are challenged by this, here are some good thoughts.
Like it or not, the emergence of social networks, the proliferation of mobile devices and the ubiquity of the Web has blurred our personal and professional lives. This has been particularly true on Twitter, the social networking service where users share short messages with one another.
Get personal to show what you have in common.
Contrary to conventional wisdom — created via horror stories of people getting fired for outlandish Facebook or Twitter messages — sharing personal messages (intelligently) can be advantageous to your business. You should not be afraid to do it.
When people can relate to you, or find common themes, then they will be more likely do cut a deal or do business with you, says Laura Fitton, who runs Pistachio Consulting, a firm that helps companies utilize Twitter.
“The more human you are, it’s harder to vilify you or your brand,” Fitton says. “Twitter isn’t as much about ‘what are you doing,’ as it is ‘what do you have in common?’”
http://www.cio.com/article/488776/Twitter_Tips
I am starting to feel the challenges associated with a long day of what some would call professional thinking and thinking of something amusing or relevant that others would want to read. This assumes others find my posts interesting to begin with.
All that being said I did have a request for more pictures of my dog named Blue.
His official name is Blue Rex of Syracuse. I got help with the name. He is a Blue Heeler, an Australian Cattle Dog. To learn more about Blue Heelers visit http://en.wikipedia.org/wiki/Blue_heeler or http://www.acdca.org/.
Geoffrey Moore is a Silicon Valley based high technology consultant and author.
Note to reader. Avoid confusion of Geoffrey with the legendary Gordon Moore, cofounder of Intel, creator of Moore’s law(s) that describes a long-term trend in the history of computing hardware (basically highlighting the exponential growth of number of transistors that can be inexpensively placed on a circuit has been doubling every two years and is expected to continue for some time).
One of Geoffery Moore’s key insights (Marketing and Selling High-tech Products to Mainstream Customers) is that the groups adopt innovations for different reasons. Early adopters are technology enthusiasts looking for a radical shift, where the early majority wants a “productivity improvement.” The latter group wants a whole product, where the earlier group only needs the core product, and has the technical competence, and financial / mental resources to make the rest work for themselves.
Diagram 1 – Crossing the Chasm
From this thinking, I began to expand on how this applied to Google crossing the consumer search chasm. The foundation of consumer search is the structure of the World Wide Web. This was followed by technological innovation from the Google founders with Bibliometrics and page rank. The success of Google was first sustained through a very user friendly interface and almost a purist “movement” about what search should be about (we all remember NetZero and the free dial up service). However, the ongoing success has been their able to create a better connection between consumer and their search desires to business looking to advertise. Viola Context.
Diagram 2 – Crossing the consumer search chasm – Google analysis
This magical context fails to immediately translate into the enterprise world. The information that employees have and need access to is made up of data (well structured repositories) and information (poorly if at all structured emails, presentations, documents, etc…). This is where ES comes into play and is a need in the market place that continues to remain unfilled (however, many companies are getting much better at). It is my belief that what will provide the solution to what some call ES has six components. See below and if you want more just ask robi@robibanerjee.com or come back at a later date.
Diagram 2 – Crossing the enterprise search chasm
“Never try to teach a pig to sing; it wastes your time and annoys the pig.”
Robert Heinlien
Somalia Pirates are Getting Rich: A Look at the Profit Margin.
Errol Flynn never had it this good in “Captain Blood”
Being a Somali pirate looks like a profitable business from the outside and it is. The margins are as attractive as those in the software industry. Microsoft still makes 60% or better margins on its core Windows, business, and server operations. With the risks that the pirates take, they ought to do as well as that.
The New York Times did a piece last year in which it estimated that the pirates would bring in $50 million in 2008. That number will be higher this year, by as much as four times.
Most information on hijacked ships is that the ransom paid to get them back is about $2 million per vessel and crew. In some cases, the pirates actually charge an additional fee for the ships which has been estimated as being as high as $5 million.
http://247wallst.com/2009/04/14/somali-pirates-are-getting-rich-a-look-at-the-profit-margins/
Several conversations during the past few days on the topic of Enterprise Search (ES) made me reflect on some previous thoughts I have had. Below, I have condensed these reflections into my OFFICIAL top ten list.
Diggin Digsby – www.digsby.com. Seems to be a good email, instant messaging and social networking collection service. Installation was straightforward and easy. Minor customizations make a big difference (thanks MV).
Always remember, men with facial hair have something to hide.