The 100 year folly

The strangest thing about the evolution in business, communication and media is that we are acting as though the social element is some kind of anomaly. As though it is a new form of human behaviour. When in truth the past 100 years was the anomaly. This great quote from Douglas Adams is the best reminder of all:

“…this century we have for the first time been dominated by non-interactive forms of entertainment: cinema, radio, recorded music and television. Before they came along all entertainment was interactive: theatre, music, sport – the performers and audience were there together, and even a respectfully silent audience exerted a powerful shaping presence on the unfolding of whatever drama they were there for….”

This comes from a terrific article that was written more than 10 years ago by Adams on the then emerging internet. It is worth reading so we can remind ourselves that the revolution is essentially a reinstatement of how humans have always behaved.

Click here to read it.

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the tale of 2 robots

I was recently at the WPP Stream digital event in Asia (hence the serious lack of blogging). One of the sessions that we have at Stream are Ignite presentations. The idea for an Ignite talks is this:

– Tell us, but tell us quickly.

So the format is for 15 slides, where the slides change automatically after 15 seconds regardless of where you are up to.

It makes for entertaining viewing and rapid transfer of ideas. Here’s one that I particularly liked from Stream by Jason Oke which has some really great lessons for entrepreneurs, startups and anyone working in an innovation field for that matter. Enjoy.

[youtube=http://www.youtube.com/watch?v=YR0JZThubno]

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Brand in decline – Qantas

I’ve been loyal to Qantas for a very long time. Initially because it was superior (certainly in the post Ansett environment) more recently because of irrational reasons and lack of choice. These days are now officially over. But rather than bore you with the number of brand fails I have had to endure, I’ll share with you the catalyst event which has now resulted in my decision.

Qantas regards itself as a full service airline. For these reasons I have been a loyal brand user – to the point where I have become a Gold Frequent Flyer. The bundle of benefits included features like high frequency of flights, safety record (although that is questionable now), lounge access at airports, on board service, on board entertainment, a global alliance flying scheme to name a few things.

When traveling on business I really like knowing I will get a meal when leaving directly from work, time is limited and it is one less thing I need to think about. It was good to know my 7pm flight two days ago included ‘Dinner‘ pre-flight as can be seen below. So there can be no disputing, what Qantas believe they are providing.

Unfortunately when dinner arrived – it didn’t quite meet my expectations.

In fact, I feel insulted by Qantas that they call this dinner. It’s plan rude. If you asked someone out for dinner – would you buy them a sandwich? If you had people over for dinner, would you give them a sandwich?

When you insult customers they eventually take their business elsewhere.

This decision to save less than $5 on a hot dinner has resulted in Qantas losing my $25,000 I spend on air tickets per year. As now I will fly Virgin Australia domestically (now full service with decent lounges) and Singapore Airlines when going overseas (who are now linked to Virgin in Frequent Flyer schemes).

Yes, by trying to save $5, Qantas have just lost $25,000 from a Gold frequent Flyer.

For me it comes down to brand promise. It isn’t that I want too much, but what I do want what the brand promises me. And when the brand attempts to deceive, or save cost against their promise – that is when I look to other providers.

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An 'A' or Fluency?

If you wanted to learn how to speak French and I could give you a choice to achieve one of the following two options, which would you choose:

– To get an ‘A’ on your report card.

– To be fluent in the language.

Without a thought you would choose the second option. The second option clearly has more value than the first option. Even though the first option, may include the second, neither two are interlinked by default.

It’s an interesting analogy we can use when it comes to business objectives, brand propositions, and why we are embarking upon our latest startup mission. Do we want a number? (the A) Or do we really want thing that the number describes? (Fluency).

What’s also interesting is that speaking any language well is a life vocation, native tongue or otherwise. The achievement is not marked via formal qualifications, and language is most recognised when it has been learned on the street. A lot like business acumen in today’s rapidly changing world. The reality is greater than the certificate.

While fluency might be far too arduous a task for many of us, it’s important to recognise what we are really striving for before we even start.

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The Profit Motive

Has been a guiding business maxim certainly since the industrial revolution. But I’ve now found a replacement terminology I can really feel.

Then: Profit Maximisation

Now: Purpose Maximisation

This comes from a book worth reading called Drive by Dan Pink.

Sure,  startups need cash to stay alive, but our purpose is what people really care about.

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