Get the toolbox out

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Over the last few months, I've found myself thinking about how + why certain companies are so much better at innovating new products and services.  As technology flattens the field of competition, organizational revitalization and innovation are key to creating and maintaining a dominant position (and yes, I know that is a mouthful).  So for all you intrapreneurs out there -- think entrepreneurs within a larger/established organization -- take a look at this "Business Model Toolbox" for your iPad.  True, its pricier than most apps I've added ($40); nonetheless, as a systems and design thinker, a great tool to test new business ideas with.  I've been using it for the last few weeks while on paternity leave from Bank Director; I've found it a handy app to sketch, test and forecast a number of ideas at any hour of the day.  Worth a look if you're in the business of developing new ideas and relationships.

Network effects

With an early wake-up call -- thanks to my seven month old daughter -- I found myself browsing "old" business school case studies [*yes, I was trying to go back to bed.  No, it did not work].  While a few kept my attention, one geared to the IT community captivated me -- based in large part on the reverential tones Gartner used to paint the potential of the corporate semantic web.  Penned in 2005 , I had to chuckle at the underlying premise: that economic and social consequences of a "massively connected world" are hard to predict.  But rest assured that the authors were confident that the impact would be highly disruptive!

Hindsight being 20/20, I did enjoy re-reading the March report (and Gartner's accompanying hype cycle).  I'll admit to paying particular interest to comments about metadata being cast into formal logics to drive interoperability, automation, cost cutting, improved search capabilities and new business opportunities. However, a major issue than -- and still today -- concerns the data actually required, and whether the benefits justify the cost of implementation.

OK, enough of my nerdy sidebar.  The prompt for this post was not to flex my IT knowledge; rather, to spin the concepts of a massively connected world into a more local version of peer-to-peer interaction.  Hence, today's title.  With great new blogs popping up daily (in fact, one of my new favorites just went live yesterday) and the holiday season upon us, the chance to re-connect with friends, family, and peers both online and off offers all of us the wonderful prospect of addressing those tricky "what can I..." questions.  What can I do better? What can I learn?  What can I do to help?

Assuming you buy-in to the idea that the value of a product or service increases as more people use it, doesn't it make sense to think the more you put yourself out there to meet and greet this December, the brighter your 2010 will be?  Me, I'm cranking up the networking, starting tonight with a nice double dip at Washington & Lee's alumni Christmas party followed by Tech Cocktails' DC7 Demo Preview.  I have to say, I'm looking forward to both!

Deliberations

Forgive the lapse in posts (both to DCSpring21 and my twitter stream); I've spent the past few weeks experiencing our legal system -- one that places the burden of proof on the prosecution -- up close & personal.  While the trial concluded yesterday, deliberations relative to the accused's guilt or innocence continued through yesterday evening.  Although bound to a 2-year "gag order" by the judge, I can tell you that justice was served to the letter of the law.

While I wish I could recount my experience -- complete with salacious details and colorful personalities -- let me simply offer into evidence a few observations that helped me to frame a pending presentation on business development:
  • What you see might not be what others see;
  • What you hear might not be what your peers hear;
  • What you feel can be influenced; and
  • What you think, changes.
Now, sales, marketing and communications activities do not often draw parallels to a criminal trial [*insert whatever joke you deem appropriate here].  Still, I could not help but reflect on the opportunities companies have to shape the discussion about a product and/or service in their favor while weighing evidence presented by the District Attorney as well as the defense team.  From defining competition to specifying "pre-requisites," successful organizations promote their abilities in such a way as to influence the jury (e.g. their potential customers).  So, too, do opportunities abound to position your company (nee, client) in such a manner that prospective clients hear what you want them to hear, feel you you want them to feel, and ultimately think the way you want them to think.  What you're selling isn't a luxury; rather, a necessity, correct?

Now, I don't claim my time in the courthouse provoked a major epiphany; I would be remiss, however, to not pass along those four points as a reminder to all that a company's growth really does rest with the defense.