Archive for July, 2009

Our recent Business Autopsy

Posted in Retrospectives, Vision on July 30th, 2009 by Paul McArdle24 Comments

No, we’re not dead.  We’re doing decidedly better (even) than an “ex-parrot” nailed to the perch.

1)  Where we are doing well

In fact, just last week the guys in the office put together a document listing a large number of things we have going for us, or are doing right.  Here’s my short summary of what they said:

(A) Business Vision

There was universal agreement that the underlying vision for the business was sound (after all, most employees, and even a few ex-employees, have invested in the company in Round 3 or Round 2).

It was also reiterated that our chosen business model was also one of our advantages.

We are also not afraid to pause for introspection, such as discussed here.

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Rolling with the punches: Building a business for future growth

Posted in Event Review, Vision on July 30th, 2009 by Shane Gill4 Comments
Punch
(Photo: sloth_rider)

I recently attended an IIB event entitled Building the Resilient Company. The purpose of the event (straight from the program) was to provide insights into the current economic cycle, the challenges to survive and the strategies to prepare for an economic recovery. To sum: we are in the shit, how do we get out?
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A bit of Buzz in the Electricity Market

Posted in Book Review, Buzz Marketing on July 23rd, 2009 by Paul McArdle3 Comments

No, I’m not talking about corona discharge on HV AC power lines – I’m referring to the more esoteric notion of “Buzz Marketing”.

Hang on a sec … just what is Buzz Marketing?

I asked the very same question, the first time I heard the term – a few years ago now.

The best definition I have come across is that it’s just like “Word of Mouth” Marketing/Advertising (i.e. people talking about you) – with the addition that you make a conscious, structured effort to get and sustain people talking about your product.

”Viral Marketing” is another coin termed for the same process .

Buzz Marketing in the energy industry?

Yeah right!

There are probably not many industries that could conjure up (and carry off with good effect) the  marvellous advertisement revolving around the line:

“We’re excited by electricity, even if you’re not”

I did try to find some video-record of this advert, but was somewhat surprised to find that there was nothing recorded on YouTube or elsewhere (or at least none I could find).

Perhaps the advert itself is symbolic – TRUenergy gets all the industry insiders laughing at the joke, but Mr Joe Public – well, is sleeping on.  Certainly it does seem that no one was sufficiently inspired to put a bootleg copy of the advert onto YouTube.

PS – did find this one, later, but it’s not exactly the one I was thinking of… (at 3,379 views currently, it does seem to have woken slumbering Joe Public  – albeit very slightly)

My main point, here, is that there does not seem to be a lot of space in the energy market for a bit of buzz.  Too geeky, too complicated, not sexy enough, or just damn boring?

Well, all’s not lost yet…

Why this article now?

That’s a good question!
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Internet Marketing Lessons from the Other Side of the World

Posted in Event Review, Internet Marketing on July 20th, 2009 by Kim Lerchbacher2 Comments

Why are we interested in internet marketing?

Our business is a little different than the “typical” internet marketer (though I guess they all say that).

Yes, we do deliver “information products” (ours is software) over the web, but our clients are mainly large corporates who operate in a narrow, vertical industry.  Our software is priced well above the typical level of the typical e-book, and it’s for a pretty specific target market.  That said, there’s pretty much noone who’s life (and business) is not touched by electricity in a significant way - hence there is a broad potential market for us to tap into, in the future, as we seek to find other unmet needs for understanding of of the electricity market.

Given our type of client, a degree of one-on-one interaction is still necessary, so we are looking to internet marketing to augment our holistic approach to marketing (online and offline) - as part of a larger project of upgrading (and part-automating) our “Business Management System”, as I like to call it.

Over the past 18 months I have learnt a great deal about marketing, and am continuing to explore other avenues for learning, such that I can help the company meet its ambitious growth targets over the next 10 years.

The System Seminar 2009

In March this year I attended The System Seminar in Chicago. We weren’t sure what I would bring back from the experience, but if it turned out to be a poor investment at the very least we would know not to attend in future years.

The seminar featured presentations on a broad range of areas of Internet marketing. For each presenter, I have highlighted a couple of points that I found most useful or relevant to our company.

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Book Review: Please Understand Me II by David Keirsey

Posted in Book Review, Company Roles on July 16th, 2009 by Stephen Hurn1 Comment


Please Understand Me II: Temperament, Character, Intelligence

Please Understand Me II is the most fascinating look at interpersonal relationships that I have ever read.  It deals with a plethora of issues ranging from parent/child relationships to marriage, and does so in a way that is both understandable and enjoyable to read.  From a business perspective, the book deals with two key areas that every company should be aware of – intelligence and leadership.  The primary focus of Keirsey’s book is the four temperaments - the Artisan, Guardian, Idealist and Rational.  In it he explores how these temperaments have been described through history (as far back as two thousand years or more) by various authors and expanding on what the temperaments are and how they interact with each other as partners, parents, children, leaders and subordinates.  Most importantly, Keirsey discusses intelligence in great detail.

Book: Please Understand Me II
Author: David Keirsey
“Binary” Review: One

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What can we learn about Innovation from Google?

Posted in Event Review, Innovation on July 15th, 2009 by Paul McArdle9 Comments

For us, the answer is not as easy as it might first seem….

(a)  Note that my question was NOT “what does Google know about Innovation?” – for surely they would know enough for several book’s worth of material.

(b)  I am more focused on us (a small-sized software company based in Milton, Brisbane) and wondering what WE can learn – provided we are not too dumb, distracted or egotistical to really hear the messages that were presented to us.

I’m writing this post 2 weeks after the Warren Centre’s “2009 Innovation Lecture”, featuring Lars Rasmussen of Google.

There were three of us who attended – myself, and two of our developers.  Paul has already posted his comments about what he gained from the lecture.

Given my focus is more on “Working ON, not IN, the business” (or at least I try for it to be), my interest was moreso in the lessons we could learn from the two projects (Google Maps and Google Wave) rather than the technology per-se.  For this reason, I found the obligatory product demo of the Wave mid-way through the presentation a little tedious, and would rather have heard more about Lars’ personal experiences of innovation during the two projects.

However, I was not totally disappointed – as the lecture was accompanied by some well-written notes (big copyright notice, so can’t scan here) and the synopsis also provided by the Warren Centre online.

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Book Review: Release It! by Michael T. Nygard

Posted in Book Review on July 15th, 2009 by Todd BowlesBe the first to comment

Release It!: Design and Deploy Production-Ready Software (Pragmatic Programmers)

Binary Review: 1

Release It! is a great book, if you’re planning on designing and building software that doesnt suck. It speaks at length about the various patterns and anti-patterns for Stability and Capacity, explaining how to create software that will run successfully in a production environment (you know, without crashing, burning, dying, being wrong, being stupid, killing your loved ones, etc).

It contains many tidbits of information about potential pitfalls, issues that your average software developer probably wouldnt have thought about (unless of course they had personally run into them bef0re). Of course it also contains ways to minimise the impact of those issues on your software. I wont go into more detail, because a lot of the information in the book is very specific, but I personally learned many lessons from it.

Overall, incredibly useful, recommended reading for anyone whos going to write software. Any software. At all.

PS:

Dont read this book just before you start working on a massive project, because it will terrify you with a giant list of all the ways you can screw up.

Office Field Trip

Posted in Event Review, Innovation, Personal Development on July 2nd, 2009 by Paul Klaptocz2 Comments

One of the benefits of working at Global-Roam is the strong emphasis we have on self-improvement. We do everything short of eating books and articles concerned with marketing, software development practices, and creativity. Very regularly we brainstorm, philosophize, furrow eyebrows and pull serious faces in an attempt improve some aspect of the company.

One day, the boss-man (aka Paul McArdle, or as telemarketers like to call him, Paul McArdie) was bulldozing his junkmail collection when he happened upon an advertisement for The Warren Centre’s 2009 Innovation Lecture (http://www.warren.usyd.edu.au/bulletin/NO58/ed58art1.htm). He was about to feed it through the woodchipper when he noticed that the guest speaker was Dr Lars Rasmussen of Google Maps fame.

He immediately emailed the rest of us to see who might be interested in attending. He already knew that interest would be unanimous and yet unfortunately the company coffers were not bottomless. With grave finality (and maybe a hint of sadistic glee) he announced that there would only be three tickets purchased, and that he himself would attend. The reaction to this news was immediate and the air was cold with a sense of hostility (and perhaps the onset of winter). Tempers flared, teeth gnashed and Paul appraised the scene from atop his desk, rubbing his chin. Animals. How could he dispense the tickets without creating dissent among those who would miss out? Should it be first-in best-dressed? Should they be doled out based upon performance? Organised cage matches? Or perhaps he could just throw the tickets into the crowd and let God sort it out..

Then the most obvious question struck me. “Hang on. Is this during work hours?”

“It starts at 6pm”.

“PPFFFFFFFT!”
Tears flowed as I tried to stem the flow of coffee from my nose. Before I could react, excuses were flying around the room like angry hornets.

Shane the Canadian chimed in: “It sounds pretty cool eh, but I’ve got to write another hilarious blog post. They don’t write themselves and I have too many NEM-Watches to sell eh.”

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Book Review: Maverick! by Ricardo Semler

Posted in 02 - People & Culture, Book Review on July 2nd, 2009 by Todd Bowles3 Comments

Maverick: The Success Story Behind the World’s Most Unusual Workplace

Personal Binary Review: 1

Entertaining, easy to read, interesting ideas, storybook format.

Business Binary Review: 0

Lessons more applicable to large manufacturing corporations struggling with outdated organisational structures and ideas, less applicable to younger, more agile organisations not run by dinosaurs masquerading as men.

The basic point of the entire book, is that Semler is a renegade, who implemented the idea of empowering his employees (in Brazil of all places) and actually treating them like people, and it paid off. I know, shocking, right?

Still, some interesting points:

  • Complete transparency to the inner workings of the company, including employee salaries. Everyone knows everything.
  • People set their own salaries, which allows for voluntary cuts during hard times, and raises and bonuses during good times. System isnt open to manipulation, because everyone knows everything from the point above.
  • Challenge anything, anywhere, anytime and have people in power who will listen.

In summary, interesting, entertaining story but business lessons not really applicable to us.