The Secret To The AT&T/Time Warner Deal

A PowerPoint that explains the deal is hidden somewhere deep in AT&T’s computer directory. The presentation is filled with haughty declarations about the future of “premium content” and “entertainment experience.” Bar graphs of viewing habits and smartphone use are juxtaposed to appear related, and solid and dotted lines connect boxes as if to map a world in which companies don’t sell “things,” but rather “play” in “spaces.” It was produced by McKinsey, Accenture, or some other consulting firm. ...

3 Things You Should Know About Reputation

Corporate reputations and brands are not the same things, and it’s important to understand the difference. Reputations are the result of what people know about a business based on their judgements of its performance, gleaned through buying stuff, working there, owning stock, etc. It’s the present value stakeholders assign to the meaning, believability and reliability of a company’s future performance. Brand is what a business has promised, either in performance or associated emotional benefits. It’s a future value, or “intangible,” ...

Samsung’s Unplanned Obsolescence

Samsung has killed its battery-exploding Galaxy Note 7 phone no more than two months after launching it in hopes of beating Apple’s new iPhone to stores. It’s predicted to lose $9.5 billion in sales, and $5.1 billion in profits through 2017. It goes to show the kind of money involved in the planned obsolescence racket. Vance Packard coined the term in his 1960 book “The Wastemakers,” in which he described the economic theory of purposefully limiting the productive ...

What If Oil Companies Used Their Expertise To Deliver Alternative Energy Solutions?

Statoil is one of the world’s largest oil and gas companies, operating 34 fields on or near the Norwegian continental shelf, among its other global operations. Its expertise extracting fossil fuels has made it uniquely suited to innovating green solutions, as evidenced by its scale test of gigantic wind turbines off the coast of Scotland. Jan Fredrik Stadaas, strategy & innovation manager at Statoil, explained: "Sometime in 2002, people were discussing the possibilities for more offshore oil facilities, and they started ...

3 Things You Should Know About Thought Leadership

Thought leadership is all the rage these days among communicators. It’s popular because it’s pretty much impossible to buy your way in front of audiences anymore. The generation that consumed slack-jawed the ads that interrupted episodes of Gilligan's Island on TV are now listening to customized Spotify playlists, and letting people they don’t know curate their information on Pinterest. Younger consumers are consuming snippets of news that flash across Twitter, and swapping information that is purposefully configured to disappear almost instantly. ...

Will Smart Tech Be Moral?

I’ve been thinking about the nature of right and wrong in, well, nature, and how it relates to our hopes for smart technology. The Universe isn’t fair or unjust; it just has no morals. The movements of atomic particles or planetary orbits aren’t good or bad. Molecular interactions don’t first consider equally viable options, and any "mistakes" don't last long. Magnetism has no opinion. It’s a rules-based system, in which the only outcome is efficiency. When Hobbes, Rousseau and other ...

Concrete Plans For The Future

I don’t know who invented concrete, though it has been in widespread use since the ancient Romans used it to build the Colosseum and miles of aqueducts, but I recently met the guy who is innovating it for building skyscrapers, conserving water, and fighting global warming. Andreas Tselebidis is director of sustainable concrete technology and solutions at BASF, and his enthusiasm for concrete — which ranges from its molecules to its morality — started when he was a university student. ...

3 Things You Should Know About Crises

The crisis communications industry is robust these days. Triggering events seem to be increasing in lockstep with the tech and services made available to discover and share them. People have learned to expect the worst of businesses and institutions; trust in authority is at all time lows, and brand loyalty can be as fickle as this afternoon’s headlines at TMZ. So, while these circumstances serve as full employment act for PR people and their specialized crisis response plans, it begs ...

Training For a Post-Apprenticeship World

As NiSource rolls out a $30 billion long-term plan to modernize an electric and natural gas infrastructure that serves nearly 4 million customers in seven states, it’s also innovating how it recruits, trains and retains the employees who’ll maintain it. “Maybe a quarter of our workforce is 55 years-old or more, and the average age is in the mid-40s,” said Jim Stanley, NiSource’s COO. “Many of them acquired their skills over years of service, and already possessed significant work experience ...

Tesla & SpaceX Crash Into Our Expectations For Innovation

There are two powerful myths doing battle on the roads and in the skies: One celebrates stoic individuals who dare to innovate, and the other promises huge rewards to those who are first to a market. I wonder if they’re mutually exclusive, or at least contradictory. News of a deadly crash attributed to Tesla’s Autopilot last week followed three incidents this summer. The company blamed two of those earlier crashes on driver error — it seems its Autopilot isn’t so ...

3 Things You Should Know About TV Advertising

TV advertising should be extinct by now, yet such old paid commercial speech has found new legitimacy. How is that possible? I thought we consumers were supposed to abandon the disruptions of commercials as soon as we had the chance, opting instead to sell things to one another via social media. P&G bet on this forecast a few years ago, and has since seen its brands falter (it’s now pulling back from social and putting money back into TV). Over ...

On The Dangers of Opacity

Although business transparency is central to making decisions on investing, regulation, and what sort of world we are creating, there’s very little of it from many of the largest technology companies. Some of it is purposeful, and some of it is inadvertent. All of us are impacted by it. Ask yourself a simple question: Do you know Uber’s plans? Of course, you’ve likely experienced the ease of its ride-sharing technology, and read stories about how it’s disrupting taxis and delivery ...

3 Things You Should Know About Owned Media

Owned media are artifacts of content over which PR people have total control: things like white papers, video and podcasts, and websites that let businesses act as publishers. Since they don’t have to rely on reporter interest or vetting, owned media are a “PR paradise,” as one agency says. Most big brands use web pages, or entire sites, to propagate content that ranges from business updates, to philanthropic activities and dicey public policy issues. Most of it stinks. Marketing is ...

Here’s Why Yahoo’s Story Has An Unhappy Ending

Although the simple cause of Yahoo’s impending dismemberment is that it failed to deliver the financial results necessary to keep it whole, the more nuanced, and perhaps more instructive reason is that it failed to tell a convincing narrative. Marissa Mayer never really had a chance, if you look back at the story we heard over the past four years. At the start, there was the prerequisite blather that passes for vision in our era of soundbites and tweets; the ...

The Keys to Successful Partnerships

Last week, I had a simply disastrous meeting with a potential business partner, and it got me to thinking about what would have made it work. The deal made total sense on paper: Though in the same business, our firms could divvy up responsibilities, each focusing on delivering parts that would add up to a greater, new client offering. All we had to do was hammer out the details. Instead, I left the meeting wondering if we’d even conversed in ...

Buying Innovation Off The Shelf

“Nobody is breaking down our doors to give us a system to sense properties of hard rock,” explained Donovan Waller, Group Head of Technology Development at Anglo American, one of the world’s largest mining companies. “So we have to either invest and develop it ourselves, or tailor what’s available from consumer and industrial markets.” Waller's team has focused on innovation ways to reduce variability in mining operations. It has challenged itself to work within constraints not only of available ...

The Connected Enterprise

A few years ago, the benefits of using new technology and processes to innovate its own connections between the shop floor to the top floor were evident to Rockwell Automation, perhaps because it had preached them to customers for over a generation: More reliable near-time deliverables, better inventory management, higher efficiency and lower costs. What was also obvious was that innovating its “cultural systems” would prove as important as any technology solution to meeting that challenge, and it was put to the ...