Posts

Showing posts with the label state of the media.

Goodbye Portable Design

Came out of by antihistamine fog just long enough to see an email from John Donovan at Portable Design.  It's the latest in the casualties of the media world restructuring.  Yep.  Portable Design is gone. The pub was purchased from Pennwell along with a few other properties by the RTC group.  Considering how broad the portable electronics market is, this is a sad state of affairs. John Donovan is on the street looking for work and I recommend considering him for video interviews.  The ones he did on the Portable Design site were quite good.

Wow, now there's a thought

Today on Bloomberg.com,  Rosabeth Moss Kanter made what might be a revolutionary statement.   Ms. Kanter  holds the Ernest L. Arbuckle Professorship at Harvard Business School, where she specializes in strategy, innovation, and leadership for change.  Her article, entitles " In a Recession, Put Everyone in Marketing "  She says the way out of a recession is marketing.  Specifically, she says, "Start looking for new markets now.  Companies dependent on a few large customers are particularly vulnerable to changes in their customers' fortunes, but all companies need the flexibility to move quickly into promising markets. In uncertain times, managers should increase efforts to identify additional uses for company products and additional sources of customers for the future. "Creative thinking can find opportunities to offset losses from current customers. Starting research now on less-familiar industries or parts of the world ...

More interesting data on marketing operations... and the lack thereof

Attended a seminar at Stanford University last night and listened to several speakers, one of which is in the market research business.  He quoted statistics from the European Society of Market Research that more than $26 billion is being spent on market research in the world .... and almost nothing on implementing the data gathered. Everyone says they want market data.  They want leads.  They want information.  But no one seems to know what to do with the information once they get it. There are tools and services out there that help interpret and implement programs, but it requires an investment. Like that's going to happen.

More on IT, communications and marketing

My postings on where the communications budget lies has prompted a discussion on the Linkedin Marketing Operations Future Forum and a consultant in the field, John Merritt has posited that whoever owns the analytics owns the budget.  And according to John, finance and marketing finance owns those budgets in many tech companies now.  This actually makes sense. The reason marketing can't get avoid budget slashing by finance is because they can't justify their existence to the CFO.  However, if the CFO holds the analytics from IT, he has the justification already, he just doesn't know what he's looking for.  The question is, does marketing know enough of what to look for that they can point it out to the CFO. This is getting more and more interesting.

IT and marketing budgets: a clarification

Last week, I made a rather revolutionary statement that communications should be taken out of marketing as a responsibility and put into IT.  There's a simple reason for this leap of logic and it is tied up nicely by Willy Sutton's r eason for why he robbed banks. "Because that's where the money is." In a perfect world, marketing needs to control communications and messaging.  The process of hearing from the market and translating into what engineering and sales needs is the traditional way of life in business.  And when you are selling laundry detergent, that is the way it is.  But in the tech world, life is not perfect.  In the tech world, marketing budgets are being slashed.  People who understand communications theory are being replaced by engineers who understand, well, engineering.  These are the same people who say that engineers are "immune to marketing" so why do we even need marketing. And yet, the...

What's missing...?

Just got the latest DACezine providing insight regarding what's coming for the next DAC in San Francisco.  It's got two articles/viewpoints from vendors about how important ESL tools are for the future of the EDA industry, a directory of ESL tools, an editorial from the DAC chair on the importance of EDA, a guest editorial from an EDA marcom consultant on how important it is to go to DAC, and some news about what is going on at DAC. But where is the input from users about DAC, it's relative importance, and customers of ESL tools? If you think you are a leader, look behind you.  If no one is there you are just taking a walk.

But what does it do?

Let's say you are one of those people who have never had a cell phone and have decided to check out what all the hoopla is about.   You go down to T-Mobile, pick out a basic phone.   Charge it up and put it on your desk to see what happens.   But you don't let anyone know that you have a cell phone, you don't call anyone, you don't set up your voicemail… you do nothing with it but put it on your desk and wait for something to happen. By the end of a week, would you wonder what all the big deal was about?   Would you cancel your service and toss the phone away?   Probably. That, in a nutshell, is the description of how many marketers view social media.   "That's stupid," you may say.   I say, however, that it's conditioning. There have been some interesting conversations about social media all over social media for the past few months.   One occurred on  Harry Gries'  blog where he posted a ...

Who do you trust now?

Been thinking about lots of stuff this week as I took off three days.  First time off in about 5 years.  Need to do that more.  One of the things that popped up was what to trust in media now that traditional media has shrunk to the point of irrelevance on tech industries.  This is what I came up with: Don't trust anyone with more than 30 percent market share. Yeah, it's a riff off of the hippie adage, "don't trust anyone over 30."  But I think it fits. When the economy is strong, having stable market leaders is a good thing.  Markets grow.  The leaders follow basic competition concepts.  Everyone is happy.  But when things turn bad, leaders hunker down and do whatever they can to kill innovative competition so they can avoid losing market share.  And when those leaders are doing their own thing media-wise (social media, private conferences, etc.) they do everything they can to control market conversation....

Facebook Fiasco or the end of free media?

Back in the 60's and 70's a lot of young people got around the country by hitchhiking.   For a long time, that was considered a cheap way of getting around the country, but in the mid 70's some people started requiring hitchhikers to pony up some of the expense.   There was a popular bumper sticker that spelled it out. "Gas, grass or ass.   No one rides for free." This week there has been a controversy simmering over Facebook's revision of it terms of use , which essentially states that any content you post on your personal Facebook pages becomes the property of Facebook.   That includes the pictures of your kids and vacations, your essays (notes), and the information you share about yourself.   Lot's of people are pissed off about this and are considering quitting Facebook, but they can no longer pull the content out of the Facebook servers. The concern has to do with not only content ownership, but privacy issues.   Ove...

Hope, part 3: Looking for Prince Harry

As I said in the last post, our hope lies in our willingness to move outside our circle of comfort.   What blows me away is that most people are less likely to make that move when their circle is putrefying around them.   The news is filled right now with the hope that whatever the federal government does with the stimulus package will solve the problem.   At the same time, no one believes it will.   So the nation's hope is in an organization no one has any faith in.   I've been peppering these posts on hope with pithy quotes from past presidents and now seems to be a good time to pull out this one.   "Ask not what your country can do for you - ask what you can do for your country." -- John Kennedy In a time when we are invoking the names of people like Kennedy, Lincoln, and Roosevelt, we aren't spending a whole lot of time paying attention to what they actually stood for, and that is the individual responsibility to not give i...