🚧 Platform Failure

Sadly, this wasn’t what I thought this was going to be about.

A Study of More Than 250 Platforms Reveals Why Most Fail

"Platforms have become one of the most important business models of the 21st century. Five of the six most valuable firms in the world are built around these types of platforms. However, a study of 252 platform companies showed that 209 of them failed. The most common mistakes into four categories:

(1) mispricing on one side of the market,

(2) failure to develop trust with users and partners,

(3) prematurely dismissing the competition, and

(4) entering too late.

Researchers have extensively studied pricing decisions, yet managers still get them wrong. A platform often requires underwriting one side of the market to encourage the other side to participate. But knowing which side should get charged and which side should get subsidized may be the single most important strategic decision for any platform."

Kyle Westaway

Interesting what each of us takes away when we read articles. The quote above is from Kyle Westaway - and indeed nothing wrong with his takeaway. But there is more - and even the HBR article doesn’t really get down to it.

Read More →


🚧 People - Not Assets, Talent, Staff ... People

I just read this and decided to drop in a few People First tenets to remind us all .... the problem Kevin raises is not easily fixed - it is a systemic view of how people are seen by business.

Bunker19


🚧 Our Greatest Assets

Our fourth Newsletter just dropped. The focus this week .. People!

Hamid Ulukaya - founder and CEO of 'Chobani Yoghurt' presents his plan - 'the anti-CEO playbook'. A fascinating journey through the early days of the company - and how it's success can be reduced to .... people!

Secondly, A reminder that when you build systems and make changes in your organization, it's

Finally, for a while now, I have been writing about why we should stop using the word 'Content' to describe our ”book, novel, short story, article, white paper, promotional piece, advert, painting, sculpture, song, opera, photograph …. you get the point.

This week Om Malik and Khoi Vinh have both written about that very topic. Personally delighted if finally this message is catching on and gettingg through.

As long as ‘we the creators’ fall into the trap of using ‘their’ words to describe our work, our soul, our passion, our beliefs as ‘content’, then our work will continue to be viewed as ’free - to - cheap - to - low - cost, homogenized, non differentiated, interchangeable fodder’.

John Philpin - People First


🚧 UK - USA Differalities (3) : Presenters

Why do American TV sports announcers speak with that aggressive, phony, half scream. They could just talk.

Then again why do English announcers pretend they are American.

straight line

One of an occasional series of posts commenting on ‘Differalities’ (the ‘commonalities’) that divide the UK and the US.

See them all here, along with other ‘Johnisms’ here.


UK - USA Differalities (2) : Tea

“Listen and learn, son. Tea is a herb that’s been dried out so to bring it back to life, you have to infuse it in boiling water. That is boiling water and everywhere I’ve been in this country, they slap down a cup of tepid nonsense, you know, with the tea bag lying beside it, which means I’ve got to go through the ridiculous business of dunking it in the lukewarm piss waiting for the slightest change of colour to occur. And at my age, I haven’t got the time.”

💬 Muriel - The Second Best Exotic Marigold Hotel

straight line

One of an occasional series of posts commenting on ‘Differalities’ (the ‘commonalities’) that divide the UK and the US.


Micro Monday Recommendation Number ‘FOUR’

once more with feeling

Just a reminder that I keep my recommendation history here …. in case you are wondering who else to follow.

🚧



🚧 Cognitive Elites

“A 'cognitive elite' will rise to power and influence, as a class of sovereign individuals 'commanding vastly greater resources' who will no longer be subject to the power of nation-states and will redesign governments to suit their ends.”

Read More In The Guardian Here

Cognitive Elites … not the same as ‘Elites’ - and - be it a ‘discredited’ term or not - I have no doubt that those that seek to use technology to protect their interests - and not subjugate themselves to the Corporates will win out. They are thinking, acting, doing and rising above the media clutter. Who are those people? Well, maybe it is easier to point out who they are not …. they are not people;

  • who shake their heads and say 'what can we do'
  • who continue to blindly use Facebook, despite all the proof of what they have done and continue to do
  • who have a single password across all of their accounts
  • who have a password like 1234password
  • ... you get the picture

NO - it doesn’t include those people.

But it also is not about having superior intelligence. (Which is what the book was talking about.) No. That is not going to save you. And those people aren’t the cognitive elites that I think about.

To me - I think you are a cognitive elite if you think. At all. Your IQ can be below 100 - like half the population - but that doesn’t mean you can’t think … that is a choice.

Start to think. Start to act. Be Different.


🚧 UK - USA Differalities (1) : ⚽️ Football

In The UK there is a sport played with the feet - called Football.

In The USA there is a sport played with the hands - called Football.

straight line

One of an occasional series of posts commenting on ‘Differalities’ (the ‘commonalities’) that divide the UK and the US.

See them all here, along with other ‘Johnisms’ here.


🚧 Equifax Breach of Trust

On September 07, 2017, Equifax—one of the “big three” credit reporting agencies—shared a quiet investor relations document with information about a security breach that began in May, 2017 and was not discovered until late July:

[Criminals accessed] names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers. [They] also accessed credit card numbers for approximately 209,000 U.S. consumers, and certain dispute documents with personal identifying information for approximately 182,000 U.S. consumers.
It took Equifax another 40 days to let people know outside the company.

The response from Equifax has been “corporately cautious” with little consideration for the effect on people.

Read More →


🚧 Lost Knowledge

Forty years ago, I belonged to an organization called RILKO. As you can see, they still exist. A friend of mine, Randall Rospond, Posted this to his site today. And it occurred to me that this too is a 'little bit' of lost knowledge that we could so easily regain... with thought.

What do you think?


Laszlo Bock Moves On ....

This is big news …. be interesting to see what he does next.


A lot of unemployment evolves from information asymmetry, meaning I have a taxonomy of skills and abilities that are hard to articulate, and resumes don’t do a good job of capturing them. Employers have a set of jobs, but are terrible at both articulating what they need, and actually filtering candidates.
If you can somehow bridge that information gap, and better match people with jobs, in the short term you can get a lot of people jobs that don’t have them. But in the medium term, you can do really interesting things. If you’re a welder in Detroit, we can say you should go to nursing school and move to Atlanta, and this is the program you should go to, because this nursing school is correlated with people getting jobs. And Atlanta has the most growth in that area.
It’s very interesting stuff. But that’s all a little in the future.


Texas 🚧

Texas

Here is what Jeff Foxworthy has to say about folks from Texas …


  • If someone in a Lowe’s store offers you assistance and they don’t work there, you may live in Texas ;
  • If you’ve worn shorts and a parka at the same time, you may live in Texas ;
  • If you’ve had a lengthy telephone conversation with someone who dialed a wrong number, you may live in Texas ;
  • If ‘Vacation’ means going anywhere south of Dallas for the weekend, you may live in Texas ;
  • If you measure distance in hours, you may live in Texas ;
  • If you know several people who have hit a deer more than once, you may live in Texas ;
  • If you install security lights on your house and garage, but leave both unlocked, you may live in Texas ;
  • If you carry jumper cables in your car and your wife knows how to use them, you may live in Texas ;
  • If the speed limit on the highway is 55 mph – you’re going 80 and everybody’s passing you, you may live in Texas ;
  • If you find 60 degrees ‘a little chilly,’ you may live in Texas ;
  • If you actually understand these jokes, and share them with all your Texas friends, you definitely live in Texas .


    Here are some little known, very interesting facts about Texas :


    1. Beaumont to El Paso : 742 miles

    2. Beaumont to Chicago : 770 miles

    3. El Paso is closer to California than to Dallas

    4. World’s first rodeo was in Pecos - July 4, 1883.

    5. The Flagship Hotel in Galveston is the only hotel in North America built over water.

    6. The Heisman Trophy was named after John William Heisman who was the first full-time coach at Rice University in Houston.

    7. Brazoria County has more species of birds than any other area in North America .

    8. Aransas Wildlife Refuge is the winter home of North America’s only remaining flock of whooping cranes.

    9. Jalapeno jelly originated in Lake Jackson in 1978.

    10. The worst natural disaster in U.S. history was in 1900, caused by a hurricane, in which over 8,000 lives were lost on Galveston Island

    11. The first word spoken from the moon - July 20, 1969, was ‘Houston’.

    12. King Ranch in south Texas is larger than Rhode Island.

    13. Tropical Storm Claudette brought a U.S. rainfall record of 43 ft in 24 hours in and around Alvin in July of 1979.

    14. Texas is the only state to enter the U.S. By TREATY, (known as the Constitution of 1845 by the Republic of Texas to enter the Union) instead of by annexation. This allows the Texas flag to fly at the same height as the U.S. flag, and may divide into 5 states.

    15. A Live Oak tree near Fulton is estimated to be 500 years old.

    16. Caddo Lake is the only natural lake in the state.

    17. Dr Pepper was invented in Waco in 1885. There is no period in Dr Pepper.

    18. Texas has had six capital cities: Washington-on-the Brazos, Harrisburg , Galveston , Velasco, West Columbia and Austin .

    19. The Capitol Dome in Austin is the only dome in the U.S. which is taller than the Capitol Building in Washington DC (by 7 feet).

    20. The name ' Texas ' comes from the Hasini Indian word ‘tejas’ meaning friends. Tejas is not Spanish for Texas .

    21. The State Mascot is the Armadillo. An interesting bit of trivia about the armadillo is they always have four babies. They have one egg, which splits into four, and they either have four males or four females.

    22. The first domed stadium in the U.S. was the Astrodome in Houston.


    Cowboy’s Ten Commandments posted on the wall at Cross Trails Churchin Fairlie, Texas :


    (1) Just one God.

    (2) Honor yer Ma & Pa.

    (3) No telling tales or gossipin'.

    (4) Git yourself to Sunday meeting.

    (5) Put nothin' before God.

    (6) No foolin' around with another fellow’s gal.

    (7) No killin'.

    (8) Watch yer mouth.

    (9) Don’t take what ain’t yers.

    (10) Don’t be hankerin' for yer buddy’s stuff.

    ITS.A.JOKE.PEOPLE

    Originally Posted On Humor.Philpin.com - a now defunct site. I moved the content here for posterity. The date of this post is the date that it was originally published on that site.

  • Tee Total ?

    🚧

    An Irishman walks into a bar in Dublin, orders three pints of Guinness and sits in the back of the room, drinking a sip out of each one in turn. When he finished all three, he comes back to the bar and orders three more.

    The bartender says to him, "You know, a pint goes flat after I draw it; it would taste better if you bought one at a time." The Irishman replies, "Well, you see, I have two brothers. One is in America, the
    other in Australia, and I'm here in Dublin. When we all left home, we promised that we'd drink this way to remember the days we all drank together."

    The bartender admits that this is a nice custom, and leaves it there.

    The Irishman becomes a regular in the bar and always drinks the same way: he orders three pints and drinks the three pints by taking drinks from each of them in turn.

    One day, he comes in and orders two pints. All the other regulars in the bar notice and fall silent. When he comes back to the bar for the second round, the bartender says, "I don't want to intrude on your grief, but I wanted to offer my condolences on your great loss."

    The Irishman looks confused for a moment, then a light dawns in his eye and he laughs.

    Oh, no," he says, "Everyone is fine. It's me..."
    "...I've quit drinking!"

    ITS.A.JOKE.PEOPLE

    Originally Posted On Humor.Philpin.com - a now defunct site. I moved the content here for posterity. The date of this post is the date that it was originally published on that site.