Vaguery + business-culture   170

The Search for a New Business Model | Project for Excellence in Journalism (PEJ)
"The industry is inhibited by several obstacles that executives themselves candidly acknowledge. One involves the difficulty of changing the behavior of people trained in the ways of a mature and monopolistic industry. Still another is the unavoidable fact that the part of the newspaper industry that is growing, digital, continues to provide only a small part of the revenue, while the part that is shrinking, print, provides most of the money-a paradox that is difficult to navigate and hard to resist. One pervasive feeling is that 15 years into the digital transition, executives still feel they are in the early stages of figuring out a how to proceed."
journalism  disintermediation-in-action  business-culture  monopoly  can-we-build-a-wall-with-bricks-and-mortar? 
11 weeks ago by Vaguery
Is Your Boss Really in Business to Create Jobs? » New Deal 2.0
"No, Mr. President, we’re not in this together with corporate America. Corporations are in it to maximize profits and boost CEO salaries, not help the U.S. economy or put people back to work.

With no “healthy increase in demand,” on the horizon and unemployment heading back up, the President has talked more about government-led solutions that would actually create jobs in America. Near the end of his address on Afghanistan, and in a full-throated pitch at a Democratic fundraiser in New York City the next evening, Obama called for investments in education, infrastructure, and clean energy at home.

Democratic leaders in Congress have also started to sharpen their focus on the failure of corporations to create jobs at home. Nancy Pelosi’s reaction to the Majority Leader Eric Cantor’s walking away from budget talks was, “”Yes, we do want to remove tax subsidies for big oil, we want to remove tax breaks for corporations that send jobs overseas… ”"
financial-crisis  economics  business-culture  corporatism  jobs  unemployment  figure-ground-error 
august 2011 by Vaguery
Paul Graham Offers Some Numbers on the Success of Y Combinator's Startups
"Graham notes that funding, while easy to measure, isn't necessarily the best way to gauge the success of the program's startups. "Getting funded is not success. It's just something that makes success more likely." But if the standard measurement for success is value, and if value is measured by exits, then the 6 years of YC's existence isn't quite long enough to adequately assess this. Of the 300-plus startups, "just" 25 YC companies have been acquired, 5 of them for over $10 million, and Graham says that he's estimated the values of the rest of the companies based on these acquisition figures in order to gauge that the average value of companies Y Combinator has funded to be roughly $22 million.

But coming up with an adequate measurement for success isn't really the point, says Graham. "The real lesson here though is how long it takes to measure performance in this business. We're 6 years in, and we could easily be off by 3x in either direction. Startup outcomes are unpredictable, and the outcomes of their investors doubly so, because it's hard to say whether the big successes are repeatable, or if the investors just got lucky. Even 6 years in, all we can say is that the numbers look encouraging so far.""
metrics  business-culture  startups  Y-Combinator  diversity  portfolio-theory-in-practice 
june 2011 by Vaguery
How Not To Start A Relationship
"It amazes me that 50+ people could suddenly come out of the woodwork in an effort to “build a new relationship that’s not really a relationship” thinking it would give them an opportunity, or even an advantage, in the context of a set of hot companies.

When I think about the relationships I’ve developed, whether it be with investment bankers, LPs, co-investors, or anyone else, they evolve over a period of time. They don’t require boondoggles or fancy things; they require sincerity and substantive interaction over a long period of time. Then, when there are moments of opportunity, these are the people that I go to (and hopefully who come to me.)

There suddenly seem to be an abundance of “transaction relationships” out there. Entrepreneurs beware."
economic-development-will-destroy-the-city  bubble  venture-capital  business-culture  via:pkedrosky 
june 2011 by Vaguery
HOW TO: Make Your PR & Marketing Believable
“Affinity has become the new secret weapon — we believe in people and companies that we like,” said Bhargava. For those in the public relations and marketing industries, it is important to gain back the trust they’ve lost from consumers by understanding what makes people, ideas and organizations more believable.
marketing  corporations  business-culture  business-opportunity  humane-work 
may 2011 by Vaguery
How Open Source Projects Can Prepare Students for Better Careers
Working within a FOSS project community brings new benefits. First, there’s the real-world experience of participating in a distributed team. More and more of the world’s software projects are developed in highly connected developer communities around the globe, regardless of whether they are public and liberally licensed or closed and proprietary. The communications and social skills learned from an experience like this will be essential.

Development skills will also be honed. This is achieved through constructive feedback and the experience of working within a mature, well-run FOSS project team. This experience provides version control, configuration management tools, regular automated builds, and testing and packaging issues. These are essential professional software development skills that are seldom well-taught in formal school settings.
open-source  business-culture  training  collaboration  business-school  gift-economy-has-its-nose-under-the-tent 
may 2011 by Vaguery
Bitstream Management Discusses Q1 2011 Results - Earnings Call Transcript - Seeking Alpha
"Now I'll go to the e-commerce MyFonts.com business. MyFonts.com continues to grow, recording its highest quarterly revenue since inception during the first quarter of 2011. First quarter, 2011, MyFonts revenue was up 25% year-over-year. MyFonts revenue growth was driven by new user acquisition and the addition of Webfonts. Over 70,000 new users registered in MyFonts during the first quarter.
As we discussed on the last earnings call, MyFonts introduced Webfonts in January of this year as a way to offer customers a streamlined way to purchase and manage fonts for their websites. Webfonts enabled publishers of Webfonts -- of webpages to use any font just like print media. Before Webfonts, web designers were limited to a certain fonts like Times New Roman and Arial."
web-design  investing  earnings-calls  typography  business-culture  webfonts 
may 2011 by Vaguery
Call Me Fishmeal.: Success, and Farming vs. Mining
"The idea part is cheap. Try to think of an idea that’s actually worth something on its own. “I wish I’d thought up the web browser.” Bullshit. The web browser had been thought up at least twenty years before those high-energy frogs coded one up on NeXTstep (c.f. Dynabook, 1968). It was the actual shipping product they wrote that caused the internet revolution, not the idea."
entrepreneurship  entrepreneurship-as-pathology  cultural-assumptions  business-culture  capital_types-of  project-management  sustainability  from delicious
april 2011 by Vaguery
Economist's View: "Greed May Not be Good for the Economy, but Envy is Worse"
"People aren't envious, they are frustrated and furious with a system that causes them to lose equity in their homes, have their retirement funds evaporate, have their employment prospects plummet, while at the same time bailing out those at the top who caused the problems.…"
Christianity  business-culture  financial-crisis  bankers-should-start-avoiding-lampposts-right-about-now 
september 2010 by Vaguery
Economist's View: "Greed May Not be Good for the Economy, but Envy is Worse"
"People aren't envious, they are frustrated and furious with a system that causes them to lose equity in their homes, have their retirement funds evaporate, have their employment prospects plummet, while at the same time bailing out those at the top who caused the problems.…"
Christianity  business-culture  financial-crisis  bankers-should-start-avoiding-lampposts-right-about-now  from delicious
september 2010 by Vaguery
Fair value on commons-based intellectual property assets: Lessons of an estimation over Linux kernel. - Munich RePEc Personal Archive
"Actual accounting systems are based on transactions. But in the current, knowledge-based economy much of the value creation precedes, sometimes by years, the occurrence of transactions. Until then, the accounting system does not register any value created in contrast to the investments made into R&D, which are fully expensed. This difference, between how the accounting system is handling value created and is handling investments into value creation, is the major reason for the growing disconnect between market values and financial information."
open-source  accounting  business-culture  economics  finance 
july 2010 by Vaguery
open enterprise manifesto | bettermeans.com
"The Open Enterprise is a new organizational design. Unlike organizations using traditional management structures, Open Enterprises replace the command and control hierarchy with a meritocracy based on collaboration and open participation.

Organizations that adopt this new organizational structure can make decisions faster and respond quicker to their markets. They look more like living dynamic networks, and less like pyramids. People working in these organizations will have (and feel) more ownership. They’re more engaged in their work, and have the freedom to work on what they want, when they want to. Most importantly this model enables people to once again bring their full humanity – values, beliefs and passions – to the workplace, removing disconnect between organizational and personal values"
worklife  transparency  coworking  collaboration  business-culture  not-an-employee 
june 2010 by Vaguery
Why We Haven't Taken Venture Capital | Zoho Blogs
"What is the primary difference? Ultimately it comes down to the question of "exit". As a founder, I have no interest in exit or liquidity. I am in business to run a business, not to run away from it. Or as Warren Buffet puts it: Our favorite holding period is forever."
worklife  entrepreneurship-as-pathology  business-culture  venture-capital  startup-culture-must-improve 
june 2010 by Vaguery
Finding A Great Place To Work - GIANT ROBOTS SMASHING INTO OTHER GIANT ROBOTS
"All rolled into one big ball, the biggest thing to take away from this post is to find the job that will make you happy. These are all just things that I have that make me happy, so maybe they’ll help you find that great place to work. Because of all these reasons and probably some others I’ll think of after publishing this post, thoughtbot has my heart. Barring anything very unexpected, and until I’ve gotten sick of design, you’ll find me here at my desk inside thoughtbot HQ. I can only hope you have the same luxury or soon find a place that makes you just as happy."
worklife  self-definition  jobs  business-culture  life-o'-the-mind 
may 2010 by Vaguery
Apple, Google vs. The Telecom Giants -- Seeking Alpha
"One thing is for sure, Apple and Google haven’t left the carriers an exit, and that makes them dangerous. Also, I highly doubt Steve Jobs is going to leave the future of Apple up to the idiots at the telecom giants who have utterly failed to innovate. It will be an interesting soap opera for sure, stay tuned."
Apple  telecommunications  investment  politics  business-culture  insight 
may 2010 by Vaguery
Drunks, A Wall, Entrepreneurs and Jobs
"I am going to take a different perspective on the relation between young firms and job creation, however. I want to explain its mathematical inevitability, and I’m going to do that using the probabilistic idea of the drunkard’s walk."
entrepreneurship  business-culture  economic-development  economic-development-will-destroy-the-city  innovation  Zipf's-law 
april 2010 by Vaguery
Apple to xplatform developers: We’re no longer suicidal « counternotions
"However, 2010 is not like 1994. Apple has money, mindshare and the hottest platform to no longer having to beg. Today, Apple is more concerned about having to re-live its recent history — getting jerked around by Microsoft or held hostage by Adobe — than what it thinks would be manageable damage by a few developers that may leave its platform. Some may regard that as being arrogant. For Apple it’s the price of being in charge of its own destiny. To capitulate at the height of its newly found vigor would be suicidal. Suicidal Apple is no longer."
Apple  business-culture  marketing  customer-relationship  design  analysis  iPhone  cultural-assumptions  multitsking[sic] 
april 2010 by Vaguery
Seth's Blog: Secrets of the biggest selling launch ever
"Are their tactics are reserved for giant consumer fads? I don't think so. In fact, they work even better for smaller gigs and more focused markets."
marketing  business-culture  advice  learning-by-watching 
april 2010 by Vaguery
Exploration Through Example » Blog Archive » About “Business Value”
"Quite often these teams, especially Agile teams, seem obsessively focused on “Business Value”, but that’s in the context of personal relationships. “Business Value” is a shorthand, a way of keeping conversations from going astray, of keeping people focused. It is a term that signals or reminds of other things—it is not a thing in itself.

Increasingly these days, when I hear people theorizing about Agile and Lean, they are treating “Business Value” as a thing in itself. It is treated as an end, rather than as a means. (This is in keeping with the decline of Agile as a bottom-up team-oriented insurgency.)"
agility  agilism  business-value  software-development  methodologies  cultural-norms  business-culture  figure-ground-error 
april 2010 by Vaguery
Stowe Boyd - /message - Clay Shirky on The Collapse Of Complex Business Models
"When complex systems collapse, it starts by people simply wandering away, going over the hill. They don't pay their taxes to Rome anymore. They ignore copyright protections. They accept inferior web hosting for $6/month from some low rent company, instead of paying AT&T $60. They make videos with a Flip camera instead of a $20,000 Betamax."
collapsonomics  sociology  business-culture  business-model  assumptions 
april 2010 by Vaguery
The Collapse of Complex Business Models « Clay Shirky
"…But there is one compensating advantage for the people who escape the old system: when the ecosystem stops rewarding complexity, it is the people who figure out how to work simply in the present, rather than the people who mastered the complexities of the past, who get to say what happens in the future."
coworking  disintermediation-in-action  sociology  business-culture  business-model-failure  cultural-norms 
april 2010 by Vaguery
The New Paradigm of Advantage - Umair Haque - Harvard Business Review
"Those that are mastering allocative and creative advantage, in contrast, are learning to create thick value: authentic economic value, that's meaningful to humans. That's why allocative and creative advantage are the equivalent of economic superweapons. They are letting today's revolutionaries stun, stagger, and vaporize rivals, no matter how big, bad, or historic.

And that's never mattered more. An economy built on extractive and protective advantage is a giant, endless Ponziconomy. Value is transferred from one party to the next — but little is created anew. That's what we're finding out the hard way. Only through creative and allocative advantage can we rebuild a more meaningful economy."
economics  disintermediation  capital  types-of  business-culture  orthogonal-culture 
march 2010 by Vaguery
Did Your Boss Thank You For Coding Yourself to Death?
"Studies about productivity declines when working more than 40 hours a week surface with disturbing regularity. As a developer your creativity declines, you make more mistakes, you miss existing issue etc., to the point where you're doing more harm than good. Should I even mention the health concerns when you spend that much time engaged in the same activity (they even had rules about spending too much time at work in the Soviet Union, and those guys were all about putting in the time for the good of the people). What about diet, you can only survive on coke for so long – poor John couldn't even make it to 40."
sustainability  sustainable-pace  agility  business-culture  software-development-vs-programming 
march 2010 by Vaguery
The Determinants of Individual Performance and Collective Value in Private-Collective Software Innovation — HBS Working Knowledge
"We investigate if the actions by individuals in creating effective new innovations are aligned with the reuse of those innovations by others in a private-collective software development context. …"
open-source  collaboration  whuffie-culture  software-development  social-norms  business-culture 
march 2010 by Vaguery
Four Keys to Business | dangerouslyawesome
"Related, it reminded me a lot of Dan Pink’s thesis from Drive, and his TED talk, of the operators of the “new workforce”, are based in the intrinsic motivation associated with autonomy, mastery, and purpose. Seeing as how I spend far more time looking at the trends of business than of play, I realized…for me (and many others), work is a type of play.

From Nicole’s Four Keys of FUN, I’m proposing the Four Keys to Business.…"
business-culture  entrepreneurs  social-psychology  models-and-modes  motivation 
march 2010 by Vaguery
Year of Hustle: Plan, Build, Ship, Market, Earn, Iterate
"Principle #6: Working for other people (full-time or in some other capacity) often divorces our experience of work from the fruit of our work. Living off your own projects, created of your own accord, is an entirely different kind of existence. And it is AWESOME."
not-an-employee  freemium  disintermediation-in-action  cultural-dynamics  business-culture  productivity  entrepreneurship-as-pathology  collaboration-as-cure 
march 2010 by Vaguery
SmartRegion.org » Co-Working makes for Cool Cities
“… these spaces have been shown to make significant contributions to the energy and robustness of the local entrepreneurial environment, and have become an increasingly common way for cities to promote themselves as supportive of the new breed of entrepreneurial venture.”
coworking  Workantile-Exchange  worklife  public-policy  social-engineering  entrepreneurship  business-culture 
february 2010 by Vaguery
The Agile Flywheel « The Agile Executive
"Scrum set the flywheel in motion and caused the rest of the IT process life cycle to respond. ITIL’s processes still form the solid core of service support and we’ve improved the processes’ capability to handle intense work velocity. The organization adapted by developing unprecedented speed in the ability to deliver production fixes and to solve root cause problems with agility."
agility  project-management  business-culture  disintermediation-in-action  innovation  communities-of-practice  management 
february 2010 by Vaguery
All the wrong reasons for Stack Overflow's VC chase - (37signals)
"Joel has decided to chase venture capital for StackOverflow, but I can’t exactly figure out why. He lists six benefits that just don’t compute under even light scrutiny"
entrepreneurship-as-pathology  venture-capital  American-cultural-assumptions  business-culture  business-model-failure  investment  startup-culture-must-die  VC  hows-about-we-say-our-exit-strategy-is-success? 
february 2010 by Vaguery
Multicultural Critical Theory. At Business School? - NYTimes.com
"That insight led Mr. Martin to begin advocating what was then a radical idea in business education: that students needed to learn how to think critically and creatively every bit as much as they needed to learn finance or accounting. More specifically, they needed to learn how to approach problems from many perspectives and to combine various approaches to find innovative solutions."
critical-thinking  pedagogy  school  business-culture  leadership  innovation  generalism 
january 2010 by Vaguery
Go To Hellman: Offline Book "Lending" Costs U.S. Publishers Nearly $1 Trillion
"Hot on the heels of the story in Publisher's Weekly that "publishers could be losing out on as much $3 billion to online book piracy" comes a sudden realization of a much larger threat to the viability of the book industry. Apparently, over 2 billion books were "loaned" last year by a cabal of organizations found in nearly every American city and town. Using the same advanced projective mathematics used in the study cited by Publishers Weekly, Go To Hellman has computed that publishers could be losing sales opportunities totaling over $100 Billion per year, losses which extend back to at least the year 2000. These lost sales dwarf the online piracy reported yesterday, and indeed, even the global book publishing business itself."
publishing  libraries  copyright  business  intellectual-property  satire  business-culture  property  disintermediation-jokes 
january 2010 by Vaguery
Calculated Risk: NY Times: Recession Cases Flooding Courts
"[T]he broad impact of the recession is clear in hundreds of thousands of new cases across the judicial system, including people challenging their real estate taxes, home foreclosures, contract disputes and family offenses."
financial-crisis  law  trends-worth-noting  business-culture 
december 2009 by Vaguery
Superstar CEOs Suck
"...We find that award-winning CEOs subsequently underperform, both relative to their prior performance and relative to a matched sample of non-winning CEOs. At the same time, they extract more compensation following the awards, both in absolute amounts and relative to other top executives in their firms. They also spend more time on public and private activities outside their companies, such as assuming board seats or writing books. The incidence of earnings management increases after winning awards. The effects are strongest in firms with weak corporate governance. Our results suggest that the ex post consequences of media-induced superstar status for shareholders are negative."
business-culture  award-winning  performance-measure  benchmarking  financial-crisis  corporatism 
november 2009 by Vaguery
Ezra Klein - What is 'waste' in medicine?
"This isn't as simple as cutting out waste. The real project here is getting the medical system to define waste the same way consumers define waste: treatments that don't help people, and in fact hurt the bottom line. As it is, those treatments currently help the bottom line, and so are no more wasteful for the institution than a Best Buy salesman persuading you to buy an expensive HDMI cable you don't need."
economics  motivation  medical-culture  business-culture  public-policy  benchmarking  what-gets-measured-gets-fudged 
november 2009 by Vaguery
Sadly, No! » The Virtue Of Cluelessness
"What we do know is that the credible competition from AMD certainly seems to have lit a fire of innovation under Intel’s ass in the early to mid-2000s, and Intel later countered AMD with superior Intel products from roughly 2006 to today. That part of the competition played out as it should in organic fashion, but the part where AMD grabbed market share during its own period of superiority obviously never happened … and it’s pretty clear to many people why it didn’t."
competition  economics  business-culture  fundamentalism  Randism 
november 2009 by Vaguery
The Sum Of All Fears: The Social Business Naysayers - /Message
"Winston Churchill once said, "Why, you may take the most gallant sailor, the most intrepid airman or the most audacious soldier, put them at a table together- what do you get? The sum of all fears." If you collect a group of commentators, just like any Sunday morning news show, you will hear the sum of their fears, all the reasons why not."
disintermediation-in-action  niches  business-culture  business-opportunity  social-software  web2.0 
november 2009 by Vaguery
Why startups shouldn’t have to pay to pitch angel investors « The Jason Calacanis Weblog
"However, if this is not done immediately, my group of startup CEOs and angel investors will begin targeting specific groups for elimination.
We will launch competing, fee-free events directly opposite your events. We will encourage angels investors, service providers and startups to boycott your events. You may even find our street teams outside your events handing out flyers.

This isn’t a joke and this is a threat: stop charging startup companies to present or we will do everything we can to put you out of business with a competing, free option."
startup-culture-must-die  venture-capital  investment  entrepreneurship-as-pathology  business-culture  entrepreneurship  investing  startup  disintermediation-targets 
november 2009 by Vaguery
Chamber of Confusion : CJR
"The distinction matters, Harkinson argues, because the larger figure makes it appear that support for the Chamber’s positions—many of which Mother Jones opposes—is more broad-based than it really is. “The Chamber claims to speak for the U.S. business community,” he says, and the widespread use of the three million figure “certainly adds to” the impression that it does. But if many of those three million aren’t sustaining the Chamber financially or playing a role in setting its policies, how meaningful is the number? On Wednesday, Harkinson published an open letter to several reporters who had recently used the “three million” figure (sometimes with caveats or qualifiers), asking them to publish a correction."
chamber-of-commerce  lobbyists  lobbying  business-culture  cultural-assumptions  what-do-they-do-for-whom? 
october 2009 by Vaguery
Seth's Blog: Creating sustainable competitive advantage
"The reason the internet is such a home to wow business models is that it's easier to create a network here than any other time in history."
business-culture  business-model-failure  branding  networks  social-networks  entrepreneurship  strategy 
october 2009 by Vaguery
Exploration Through Example » Blog Archive » Drive out waste
"Now, as Jonathan Kohl would point out, many people marching behind the Agile banner do the same: they use Agile as another club with which to beat people. I’m less worried about Agile, though, because its base rhetoric is more explicitly humanist. Lean is more likely to be an attractive nuisance because the idea of driving out waste appeals to executives who find it less work to remove waste than to convert it into value—executives who get license to act sociopathic because they have a fiduciary duty to treat business as a machine for maximizing shareholder value, externalities be damned. I worry about Lean in a business culture where we are trained out of empathy for Lear, damned fool though he surely is."
lean  agile  business-culture  agility  Taylorism  management  social-norms  social-engineering  worklife 
october 2009 by Vaguery
Economist's View: "The Chamber of Commerce Has It Backwards"
"[Update: I should have added that perhaps the Chamber fully understands the difference between free markets and competitive markets, and simply wants to preserve the "freedom" to take advantage of customers.]"
chamber-of-commerce  worklife  disintermediation-targets  business-culture  lobbyists  they-really-do-suck 
october 2009 by Vaguery
Growthology: The Case for Poor(er) VCs
"Where do we need to go from here? We need to break the link that says (wrongly) VCs, like mutual fund managers and hedge funds, should be paid on the basis of assets under management. Venture fund complexity and cost do not rise linearly with assets, so we need to stop pretending they do. There are many way to fix this, but the easiest would be to make GP budgets a negotiated item with limited partners rather than being tied to assets. As a side effect, it would make more palatable and economical smaller funds, like those running under $30m, that cannot be operated at all on a 2% of assets basis."
venture-capital  investment  business-culture  compensation  business-model 
september 2009 by Vaguery
Fistful of Talent: What the Future of HR is not Learning... But Should Be...
"The second driver is a consistent ignorance, apathy and a serious underestimation of the impact of new technology on the businesses that HR supports (particularly social technologies). Technology moves so quickly and for HR leaders and professionals it can seem so easy (and sometimes necessary) to remain in their comfort zone of policy creation and enforcement, employee relations, or compliance reporting."
via:rlanhman540  human-resources  corporatism  pedagogy  academia  learning-by-doing  cultural-norms  business-culture 
september 2009 by Vaguery
Newspapers and the Meaning of Membership -- Seeking Alpha
"How far would and should news organizations be willing to go with this extended vision of membership? I can see newspapers as they have existed being quite uncomfortable with the idea of handing over control and even membership to the community. I can hear their fears of being co-opted or gamed. But that comes from still thinking of news as the property of a single company. Those days are soon over."
news  media  business-culture  business-model  disintermediation  openness 
september 2009 by Vaguery
The Next Evolution in Economics: Rethinking Growth - HBR Now - Harvard Business Review
Interesting but innocuous HBR commentary on stuff we've actually all been doing for a while out here in the world
economics  collaboration  gift-economy  corporatism  business-culture  sustainability 
september 2009 by Vaguery
T N T — The Network Thinker: Fireside Chat with Ed & Valdis
"First of a series of chats on leading edge ideas in regional economic development with Ed Morrison and Valdis Krebs. "
social-networks  visualization  exploratory-data-analysis  planning  public-policy  economic-development  business-culture 
august 2009 by Vaguery
The Management Myth - The Atlantic(June 2006)
"In a sense, management theory is what happens to philosophers when you pay them too much."
business-culture  management-consulting  business-school  received-wisdom  cultural-norms 
august 2009 by Vaguery
Firedoglake » FDL Book Salon Welcomes Scott Page: The Difference
"The key insight is that a single strong heuristic will do worse than a collective of individually weak but diverse heuristics. The problems are too hard for any one heuristic to solve perfectly, but the diverse heuristics can, so to speak, cover each others' weaknesses and help each other out when they get stuck; a single strong heuristic can't. A collection of diverse strong heuristics would be even better, but the strong heuristics for a problem tend to be similar to each other, so a group of them lacks diversity. In problem solving and prediction, diversity is exactly as important as individual ability."
Scott-E-Page  Cosma-R-Shalizi  diversity  complexology  public-policy  business-culture  planning  heuristics  Workantile-Exchange 
august 2009 by Vaguery
/Message: What’s A Fish Without A Bicycle?
"The webizens, like me, will continue to follow the wisest voices, even if they are operating outside the brand of big city papers.

The news barons might think that they can restructure copyright and fair use laws to plug those niddling little holes in 'the pipeline that sends money back to where the content is created', to stop us from quoting Paul Krugman's op-ed piece, but it won't hold up.

So Sokolove's piece -- entitled "What’s a Big City Without a Newspaper?" -- is incongruous to me. Might as well be "What’s A Fish Without A Bicycle?" or "What's An Opera Without A Volcano?"

I am a fan of local news, but that is not the sole focus of big city newspapers. They print car reviews, movie reviews, and stories about pirates in Somalia, none of which are local. They are a blur of things, and no one has ever tried to unblur them, really."
newspapers  journalism  disintermediation-targets  business-model  business-culture  subscription-model  buh-bye 
august 2009 by Vaguery
Learn More — Kickstarter
"Kickstarter is a new way to fund ideas and endeavors.

We believe that...

A good idea, communicated well, can spread fast and wide.
A large group of people can be a tremendous source of money and encouragement."
Workantile  business  community  business-culture  seed-capital  crowdsourcing  finance  funding  fundraising  filmmaking  ideas  startup  microfinance 
august 2009 by Vaguery
Revolutionizing Angel Funding « The Emergent Fool
"Here’s the summary. The market for seed capital is clearly broken. Most individual angels will only do about 1 deal per year, which means their portfolios lose money 40% of the time due to insufficient diversification. Even premier angel groups like the Band of Angels say they only do about 8 deals per year. Our math says you need to do 125 to achieve good diversification. On the other side of the table, only 14% of entrepreneurs who want angel funding will find it. Those that do will spend about 6 months looking for money instead of building their businesses."
investment  workantile  IFM  business-culture  business-model  startups  project-driven  worklife  entrepreneurs 
july 2009 by Vaguery
Agile Commentary: Post agile, one third of you will be gone...
This needs to happen to Universities: "…yes, we lost a lot of people. The people that just wanted to tell other people what to do were gone. They either left or were removed. The people who liked sitting in cubes and being told what to do left also."
agility  management  business-culture  academic-culture  scalability  cultural-norms  buh-bye 
july 2009 by Vaguery
More on the iPhone Suicide: Letter from China : The New Yorker
"Chinese police are investigating the case, including whether or not Sun was brutalized. But the Chinese media and bloggers have surged to the case as a sign of workplace pressure gone awry. They have posted what they say is a Foxconn confidentiality and non-compete agreement, which promises fines for workers who break it. More fundamentally, they have enshrined the story of Sun Danyong as a bitter symbol of China’s industrial age."
labor  manufacturing  China  Apple  business  business-culture 
july 2009 by Vaguery
Antitrust Chief Hits Resistance in Crackdown - NYTimes.com
"President Obama’s top antitrust official and some senior Democratic lawmakers are preparing to rein in a host of major industries, including airline and railroad giants, moving so aggressively that they are finding some resistance from officials within the administration."
trusts  business-culture  politics  lobbyists  economics  public-policy 
july 2009 by Vaguery
Office of Advocacy - U.S. Small Business Administration - Firm size data provided by the U.S. Census Bureau
"This website provides data on businesses with and without employees. These are referred to as “employer firms” and “nonemployer firms.” Employer firms have the lion’s share of receipts and payroll, while nonemployer firms are far more numerous."
firms  Workantile  nonemployer  business-culture  small-business  demographics  statistics  raw-data-soon 
july 2009 by Vaguery
http://www.sba.gov/advo/research/us88_06.pdf
Trends in non-employer and small business firms, establishments and companies from 1997-2006, United States. Note the rates at which nonemployer and <20 employee firms are growing, compared to larger firms over the same period.
Workantile  statistics  demographics  economics  business-culture  worklife  cultural-norms  public-policy 
july 2009 by Vaguery
Small business is? And who speaks for them? ~ Angry Bear
"The estimated 27.2 million small businesses in the United States:

Employ about half of the country’s private sector workforce

Hire 40 percent of high tech workers, such as scientists, engineers and computer workers

Include 52 percent home-based businesses and two percent franchises

Represent 97.3 percent of all the exporters of goods

Represent 99.7 percent of all employer firms

Generate a majority of the innovations that come from United States companies"
Workantile  small-business  SBA  economics  business-culture  public-policy  coworking  organized-work 
july 2009 by Vaguery
The Old Solutions Have Become the New Problems - BusinessWeek
"The emphasis shifts from contracts and legal sanctions to trust and transparency as companies work together, aligned with their customers' interests—sharing core values, business practices, infrastructure, and systems. Amazon's marketplace and eBay's webs of buyers and sellers are early prototypes of these federated networks. Apple and Facebook are struggling to understand the rules of engagement that should govern relationships with their applications developers. You can see them climbing a new learning curve through trial and error as they figure out how to build and sustain economies of trust."
collaboration  planning  business-culture  business-model  management  innovation  cultural-norms 
july 2009 by Vaguery
Super Rewards CEO: Twitter Is Run by Hippies [Corrected]
"In our opinion, Valdes nails it on the head. Twitter has raised tens of millions of dollars that allows them to focus on building the product. They do not need to rush into a business model, especially with their eye-popping growth. Prematurely implementing a business model could upset millions of users and put a halt to Twitter’s success quickly."
remnant  business-culture  economics  marketing  business  business-model  socialmedia  accidental-agalmia 
june 2009 by Vaguery
Why journalists deserve low pay | csmonitor.com
"To create economic value, journalists and news organizations historically relied on the exclusivity of their access to information and sources, and their ability to provide immediacy in conveying information. The value of those elements has been stripped away by contemporary communication developments. Today, ordinary adults can observe and report news, gather expert knowledge, determine significance, add audio, photography, and video components, and publish this content far and wide (or at least to their social network) with ease. And much of this is done for no pay.

Until journalists can redefine the value of their labor above this level, they deserve low pay."
journalism  MSM  media  newspapers  economics  credentials  business-culture  bottleneck  access-trumps-skill 
may 2009 by Vaguery
Ezra Klein - Contagion Nation
"I'm working a serious publication now and so I'm going to try to avoid words like "barbaric" to describe policy decisions I don't like. But this is certainly unnecessary. CEPR ends with the economic argument: "Each year millions of American workers go to work sick, lowering their own productivity and that of their coworkers and potentially spreading illness to their coworkers and customers." I'm willing to cut employers some slack: Many don't offer paid sick days because they don't think doing so will make them money."
epidemiology  business-culture  bad-decision  healthcare  planning  emergency-preparedness  Puritan-work-ethic 
may 2009 by Vaguery
What You Can Learn from Small-Town Auto Dealers - John Baldoni - HarvardBusiness.org
"Many of these smaller dealerships are family enterprises; three and even four generations old. Their longevity is a testament less to Detroit's products and more to their smart and sharp business practices. And now that some of their competitors are closing they may do even better. Let's consider what business leaders can learn from these small-town auto dealers."
business-culture  planning  financial-crisis  disintermediation  competitiveness  social-dynamics 
may 2009 by Vaguery
Jeffrey Zeldman Presents : Customer service, not Ruby on Rails
"37signals not only constantly fine-tunes their products, they also think about the customer experience even when the customer is leaving.

I find that instructive, educational, and inspiring."
customer-service  business-culture  web-design  courtesy  design  user-experience  best-practices 
may 2009 by Vaguery
Cut the Cubicle Umbilical Cord: The Seven Traits of the Free Man | Zen Habits
"What’s the gap between dreams being fantasy and reality? Obviously, it’s a matter of action. But, what makes the free man take action where the cubicle citizen recoils? This is the question that has been burning in my mind for some time. This mindset makes the difference between success and near certain failure."
worklife  career  self-definition  psychology  business-culture  employment  not-an-employee 
may 2009 by Vaguery
Beginnerr's Guide To Becoming A Producer - Channel 4 Film feature
"Producers are assholes... They know all the tricks of the trade but they don't know the trade itself... They don't believe in anything" James Woods

"Collaboration, that's the word producers use. That means, don't forget to kiss ass from beginning to end." Sam Shepard
movie-studio  producers  business-model  business-culture  cinema  advice 
march 2009 by Vaguery
NASE - Fairness in Tax Compliance
"The self-employed and micro-business communities face an overwhelming regulatory burden in complying with IRS regulations. According to the General Accounting Office, a small business owner faces more than 200 IRS forms and schedules that could apply in a given year. Vague and complex rules and forms can mean the demise of their business. According to a study by the Tax Foundation, in 2005 individuals, businesses and nonprofits spent an estimated 6 billion hours complying with the federal income tax code, with an estimated compliance cost of over $265.1 billion. Businesses bear the majority of tax compliance costs, totaling nearly $148 billion or 56 percent of total compliance costs. "
not-an-employee  tax  business  business-culture  government  public-policy  taxes  development  economics 
march 2009 by Vaguery
Goals Gone Wild: The Systematic Side Effects of Over-Prescribing Goal Setting — HBS Working Knowledge
"For decades, goal setting has been promoted as a halcyon pill for improving employee motivation and performance in organizations. Advocates of goal setting argue that for goals to be successful, they should be specific and challenging, and countless studies find that specific, challenging goals motivate performance far better than "do your best" exhortations. The authors of this article, however, argue that it is often these same characteristics of goals that cause them to "go wild.""
business  business-culture  mythology  goals  management  productivity  inagility  measurement 
march 2009 by Vaguery
When Goal Setting Goes Bad — HBS Working Knowledge
"But do these goals really work? Researchers from four top business schools have collaborated to show that in many cases goals do more harm than good. Worse, they can cause real damage to organizations and individuals using them.

"We argue that the beneficial effects of goal setting have been overstated and that systematic harm caused by goal setting has been largely ignored," the researchers conclude. Bad "side effects" produced by goal-setting programs include a rise in unethical behavior, over-focus on one area while neglecting other parts of the business, distorted risk preferences, corrosion of organizational culture, and reduced intrinsic motivation."
via:alevin  business-culture  planning  decision-making  management  benchmarking 
march 2009 by Vaguery
Non-Hierarchical Management (Aaron Swartz's Raw Thought)
"Spending your days doing grunt work for people who are smarter than you. Obsessing over their mood and personal problems. Turning down all opportunities to take credit or get attention so you can continue to work as a servant. Does this really sound like a job you want?

Probably not. Few people are cut out for it. It’s really hard. It’s incredibly stressful. It’s not at all glamorous.

But it’s vitally important. A team without a manager is doomed to be an ineffective team. So if you can’t do it, find somebody else."
management  advice  business-culture  administration  entrepreneurship  collaboration  hierarchy  cultural-norms 
february 2009 by Vaguery
My Least Favorite Interview Question » Absolutely No Machete Juggling
"I have no idea what the interviewer’s expectations are, so I have to guess. I have, essentially, a 50/50 shot at guessing correctly. To make matters worse, my answer will likely go through a number of different interviewers, and I have a 50/50 shot at having guessed correctly with each of them. Assuming that a single “no” from one of the interviewers means I don’t get a job offer, having 2 interviewers gives me a 25% chance of success. Three interviewers gives me a 12.5% chance. A team of 6 or 7 interviewers (extremely common in up-and-coming companies) gives me virtually no chance at all."
Nudge  programming  interview  hiring  specification  assumptions  project-management  business-culture 
february 2009 by Vaguery
Steamboats Are Ruining Everything: Moral rights vs. work-for-hire
"American law does not similarly protect the moral rights of its authors. In fact, it has a legal convention called "work-for-hire" that is to moral rights what peonage is to citizenship. If you sign a contract with a "work-for-hire" clause, you agree that what you've written is a thing without any more integrity than a lump of coal, and that the purchaser can do whatever he wants to it, editorially, without any need to consult you, and that no matter how much or under what circumstances the work is republished, you have no rights to demand further payment. In my opinion, work-for-hire contracts are disreputable acts of force majeure on the part of publishers. Nonetheless, it is almost impossible for a novice writer to avoid signing them, and in the last few years, it has been difficult even for established writers to avoid them..."
work-for-hire  contracts  collaboration  lawyers  business-culture  moral-rights  copyright  makers 
february 2009 by Vaguery
Wide Awake Developers: Why Do Enterprise Applications Suck?
"Architects, designers, and developers of corporate systems usually have little or no voice in what gets built, or how, or why. (Imagine the average IT department meeting where one developer says this system really ought to be built using Scala and Lift.) The don't sign on, they get assigned. I know that individual developers do care passionately about their work, but usually have no way to really make a difference.

The net result is that corporate software is software that nobody gives a shit about: not it's creators, not it's investors, and not it's users."
business-culture  software-development  user-experience  business-value  cultural-norms 
february 2009 by Vaguery
Unions Are Good for the American Economy
"Unions paved the way to the middle class for millions of American workers and pioneered benefits such as paid health care and pensions along the way. Even today, union workers earn significantly more on average than their non-union counterparts, and union employers are more likely to provide benefits. And non-union workers—particularly in highly unionized industries—receive financial benefits from employers who increase wages to match what unions would win in order to avoid unionization."
unions  labor  labor-v-capital  not-an-employee  economics  public-policy  politics  business-culture 
february 2009 by Vaguery
Medical Marginalia
""We've decided to close your office. We think we might be able to find you another job. Hmmmm....maybe. Not sure about your staff and patients, but maybe. We'll see. Gotta go HIRE SOME CARDIOLOGISTS!" (I'm soooooooooooo not kidding.) "Thanks for taking it on the chin and not crying like a girl! I'll be in touch soon, I promise. Bye. Can't keep the heart guys waiting.""
medicine  healthcare  Bushism  tragedy  business-culture 
february 2009 by Vaguery
A contract that makes everybody happy - Fine Homebuilding Article
"With cost plus a fixed fee, the client signs a contract for the $60,000 plus the cost of construction, which is priced at the builder’s actual out-of-pocket cost. Whether the house costs $350,000 or $500,000, the client still pays $60,000 for the builder’s overhead and profit.

The advantages are obvious. If the cost exceeds the estimate, the builder isn’t making a fatter fee. Getting the job done and moving on to another one will be to his advantage. However, the builder will not be taking such a bath that he is likely to walk off the job or go bankrupt, a real risk for smaller builders."
sprawlette  builder  contracts  owner-builder  construction  law  business-culture 
january 2009 by Vaguery
Confessions of a Community College Dean: Some Thoughts on the AFT Report
"The more complicated cause is the relative difficulty of increasing 'productivity' when the 'product' itself is measured in time. Other than increasing tuition, increasing class size, or decreasing pay, how do you improve the economic 'productivity' of someone teaching 45 hours a semester? When most of the rest of the economy realizes productivity gains every single year and we don't realize any for decades, a funding crunch is utterly predictable. Unless we get away from the 'seat time' model, we'll be stuck in a work-speedup/cost-runup cycle until we simply break the market. Which we're perilously close to doing now."
via:cshalizi  academia  public-policy  teaching  labor-v-capital  management  business-culture  unions  self-image  politics 
december 2008 by Vaguery
The 120% Solution « The Jason Calacanis Weblog
Fucking dotcom entrepreneurs. They imagine that (a) they suceeded because they did something right, and therefore other people just need to catch up by doing it <i>more</i>; and (b) they can do math. Which he can't. Work less, with more thought, and with more care. Be aware of your life and your customer's needs, and SLOW THE FUCK DOWN. The productivity revolution is over; Mister Taylor, He DEAD.
business-culture  foolishness  productivity  panic  idiocy  received-wisdom  pabulum  business-talk 
december 2008 by Vaguery
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