Coffee Mornings Reaches a New Milestone

I remember it like it was yesterday. A little cafe in North Sydney on a Friday morning. A touch of trepidation. The smell of coffee.

Walking in, I scanned the room looking for a familiar face. There wasn’t anyone I recognised. Or knew. I was almost ready to leave when I caught Emily’s eye. Yes, this was the right place.

Hours later, we had solved the world’s problems and were drunk on conversation and chaos. I had found “my people”.

We decided to meet again the following week. And the following week. And so on.

And this Friday, this gathering that has weathered Sydney’s weather, busy work schedules, promotions, growing families and commitments and even overcome profound inertia turns NINE years old.

If you haven’t been down to visit in a while, maybe it’s time to come back. And if you’ve never been to a coffee morning in Sydney at Single Origin in Surry Hills, then perhaps it is time to start a new personal history. See you there!

Coffee Mornings - Single Origin

State of the Nation: Australian Community Management 2015

Community management has, over the last decade, a professional, high growth industry. Touching on social media, knowledge transfer, customer service, PR and marketing, today’s community manager wears many hats, is often the most recognised representative of your company and has become a vital business asset. Yet despite the importance of the role, there is surprisingly little information about the role, salary, focus and breadth of community managers in an Australian context.

Now, thanks to the Swarm Conference, Quiip and Dialogue, the first research report into Australian Community Managers has been released. Some of the highlights include insight into community managers:

  • Education levels
  • Areas of study and expertise
  • Focus for professional development
  • Salary
  • Seniority

For those well versed in community management, it is not surprising to see that most community managers work significant levels of overtime (paid and unpaid). They also experience higher than usual levels of harassment:

Community managers often bear the brunt of aggressive and abusive behaviour online. They are generally accountable for protecting and defending organisational liabilities in digital social contexts, yet rarely find adequate support when managing, or personally confronting, bad actors.

But working at the coalface of customer engagement, community managers are in a unique position to understand the pulse of the community. And in an increasingly contested media landscape, community management can make a massive difference across the entire marketing cycle (yes, from planning and product development through to loyalty). As one respondent confided:

I think some people underestimate the power that community management has over a brand’s identity in this increasingly digital and social world.

Judging by the survey results, there’s work to be done at a corporate and community manager level in the years ahead. Download the report here.

60 Seconds to a Startup Future

Got a problem worth solving? A solution to that challenge? A market and a team to tackle it?

Then it’s time to step into the spotlight at the Muru-D 60 second pitch competition.

What is involved?

Muru-D and Seven West Media are providing you with the opportunity to pitch your startup to Annie Parker, Clive Dickens and Alan Stuart with the winner receiving a fast track ticket to the interview stage of the muru-D accelerator program.

You can RSVP here.

Get a head start

If you want to give yourself an unfair advantage – set aside some time to get clarity around your business, messaging and pitch. Seriously. One of the greatest mistakes many startups and founders make is to rely on the sizzle of the product, believing it will sell itself. Focus not on the Product-Market fit, but on the Market-Product fit. To help you, download the Disruptor’s Handbooks:

This is just a start – remember you only have 60 seconds. You’ve got to work really hard to make your pitch simple enough to wow the judges in 60 seconds. Rock it hard.

MediaScope Blab: Australian Ad and Media Industry Round-Up

The rise of streaming social media continues to produce surprising results. We have Meerkat and Periscope putting powerful, real time streaming capabilities into our hands at the touch of a button, we have Facebook Live Video in selected release – and now, one of my new favourites, Blab.im offering a virtual, live streaming app for panel and group discussions.

But if you have tuned into a Meerkat or Periscope stream, you’re likely to find them largely one dimensional. To host and hold a stream of people, you really do need to have a level of comfort in front of the camera. Add to this the difficulty with storage and replay, then the utility value of the stream can be quite minimal.

The group format of Blab, however, has a number of benefits over the single live stream offered by Meerkat and Periscope:

  • The panel format means that the performance pressure is shared by three other participants
  • Real time discussion can take place directly rather than via text/messaging
  • Discussions can be opened out through the platform, via Twitter or messaging.

But the best thing to do is to watch a Blab in action. Here, MediaScope’s Denise Shrivell does a wrap-up of the Australian Ad and Media Industry with Jules Lund, Charlotte Valente and Seb Rennie – along with contributions from others. Usually this kind of production would take coordination, equipment, scheduling and so on – but with Blab, participants beamed in (and out) without leaving their offices. It’s fantastic to see where this may go.

Watch live conversations about topics that matter most to you

Thrive in an Age of Disruption

Disruption is the new normal. Everywhere we look we find traditional business models under threat from emerging players, technology creating new opportunities for fast-moving businesses and the creaking bones of industrial age enterprises labouring to stay current, fresh or even just relevant. The darlings of our blue chip stock markets have given way to tighter, more technologically aggressive firms who wield tech not for COMPETITIVE advantage but to create UNFAIR advantages. Facebook and Google are the obvious examples, but there are more. Many more.

Many of these massively scaled companies have locked their valuations away from the markets – creating a vibrant behind-closed-doors market where Venture Capital firms tease out $1 billion valuations. Just take a look at the Wall Street Journal’s Billion Dollar Startup Club to get a sense of the scale in operation. Uber, with a current valuation of over $50 billion, leads the pack and now boasts a valuation way in excess of General Motors.

valuations

But while Uber, is on the surface, a business about transportation – and cars in particular – it is far from being a car company as we have known them. It is, in fact, a technology company. A software company. And a data company. It is disruption paradigms at every turn.

Even on a more micro level, disruption is taking place in our suburbs and in our streets. The NBN – when it arrives at it eventually will – will sweep non-digital businesses away in a tide of data. And those local institutions like post offices and newsagencies that are the hubs of our suburban malls, will be the first to go (if they have not disappeared already).

BUT

Disruption is not destruction.

It is possible to not only thrive in an age of disruption but to also prosper. And this is what I will be discussing at Newcastle’s DiG Festival on 12-13 October. In fact, the whole two days of the conference are devoted to the theme.

So if you’re wondering what disruption has in store for your career, business or enterprise, you might find this is the best investment you have made in years. See you there!

New Course: Mastering Twitter for Business this Weekend for Free

https://www.youtube.com/watch?v=l2d-ZVSiqjI

UPDATE 2: Thanks for the great feedback via Twitter and email. I am pleased you are finding the course useful. As we have already hit the limit on the previous discount coupon, I have released another code. Use THIS LINK before midnight on Sunday to enrol.

UPDATE: The special 100% discount sold out. But I have released 50 more discounts @ 100%. Use THIS LINK to access the Mastering Twitter for Business course. It is only available for this weekend.

Have you ever wondered why CEOs like Richard Branson and Elon Musk spend their precious time on Twitter?

If so, I’m inviting you to join my new Mastering Twitter for Business course which has just launched on Udemy!

This weekend I am offering FREE access to the course. Be sure to take advantage of this discount while it lasts.  Here is where you can get your 100% discount.

In this course I get you up and running the right way:

  • Setting up your profile and lists
  • Styles of tweets, hashtags and Twitter etiquette
  • Measurement, technology and more

There are video lectures, hands-on exercises and plenty of practical tips and tricks to help you get value out of Twitter from Day 1.

I hope to see you in the course – and on Twitter.

Forget Millennials – Trust is the Secret Sauce of Online Commerce

The topic of “trust” is one that we return to over and over again. No matter whether we are wanting to build awareness, consideration or purchase for our business, or establish ourselves online as thought leaders, every word we write, every video we produce and every image we take and share online has ONE CLEAR MISSION. To build trust with our audiences.

When Acquity Group surveyed 2000 US-based consumers on brand engagement, there were plenty of insights and data points. Take a look at the infographic below for a neat summary.

But look deeper. The underlying theme of every data point isn’t the shifting power of millennial consumers. It isn’t about the devices we choose or use. It isn’t even about what we buy or when. It is the REASON we TRUST.

And when it comes to social media, the TRUST EQUATION is simple:

TRUST = Reputation + Action

So the question you need to be asking yourself about your next campaign, your next innovation or project is not “who can I target” but “How do I build trust”. And if you answer that question, you may find that the rest of the marketing funnel falls into place.

 

15-2010_nexgencomm_infographic_v6

The Barrier to Entry is You

Everything makes sense in hindsight. If only you had taken a chance on that young startup, Microsoft. If only you had gone on that blind date. If only you had risked all like a young Richard Branson. And if only you had bought property when the prices were low(er).

The thing is, we are all, always, starting from today. We have at our disposal what we know, what we can do and what we are passionate about. But we also have networks, connections and friends. We have family. There are people we can rely upon and trust.

So the question about your next job, or business opportunity, partnership or date is “what is stopping you”?

Maybe it isn’t your boss that is stopping your progress at work. Maybe you are settling for the backseat of the bus without realising it. Maybe. Just maybe, the barrier to entry is you.

And that can change in the blink of an eye. What are you waiting for?

HT inspiration to Seth Godin on a cloudy Sydney day.

Will Social Media Make Politicians More Likeable?

Over the last few days, Australia has found itself with yet another Prime Minister. It is our fifth Prime Minister in five years.

What is fascinating is not just that there has been so much change but the speed with which that change has taken place. In fact, some time ago I suggested that with social media, we are all swinging voters now. And so the transformation in the highest office in the land happened in broad view of the voting public – we were privy to a vast range of opinion mixed with insight as and when it happened.

While the Liberal Party met to decide whether Tony Abbott would be trusted with another six months as Captain, ABC reporter, Chris Uhlmann reminded us that behind the public persona of any politician is an individual – and that at times such as this, that individual faces great pressure and personal challenge. “We forget politicians are human”, he said.

But broadcast media has framed the political landscape in a particular way. It constructs meaning very specifically – broken into catchy slogans, sound bites and images. The meaning, messaging and positioning of every action, announcement and “door stop” interview have been carefully crafted and rehearsed towards a specific outcome – to appeal to particular segments of voters. And in the endless repeating of these messages, the words and actions of our politicians have lost all meaning. We are living Baudrillard’s simulacra, caught on endless loop.

When Stacy Lambe and Adam Smith first created the Texts from Hilary blog, I thought it was genius. It was so clever, in fact, that I suspected that it had been created as part of a deliberate strategy to “humanise” the Hilary Clinton brand. My next thought was that the Australian Labor Party (or one of its supporters) should take the same approach and apply it to then Prime Minister, Julia Gillard. It seemed like a no-brainer:

  • A proven and popular model to engage the imagination of the voting public
  • Low cost, high impact media that allows non-scripted communication in a shareable format
  • Distance between the creator of the account/content and the person herself.

But the “Texts from Julia” account never appeared.

About six months ago, a Texts From Malcolm Instagram account appeared and has been steadily gaining a following. Like the Hilary account, it uses text overlays to create imaginary conversations between well-known players on the political scene. In a way, politicians are becoming the cats memes of the internet – instantly recognisable, unusually intimate and slightly irreverent.

Now that Malcolm Turnbull has taken over the big chair at Parliament House in Canberra, this account has become even more interesting. And given NSW Premier, Mike Baird’s blisteringly strong social media performance over recent weeks, it seems that political media strategists are keying into the vast potential of social media. And it makes me wonder – is Texts from Malcolm a clever setup by the former Communications Minister? Will it create the necessary distance and psychological space between the knock-down political action and the voters to engender a new form of electoral trust? And, ultimately, will social media make politicians more likeable?

We’re entering a new understanding of media communications with politicians leading the experimental charge. Brands and businesses largely remain on the starting blocks, but politicians and their advisors – whose very jobs rely on the goodwill and support of the people, are clearly realising that there is advantage to be made in the occasional tweet, video or blog post. It will be interesting to watch this play out in the coming months.

Three Reasons Distributed R&D is the “New Innovation”

We all know that innovation is good for business. We all know it’s good for our brands. And we all know it’s good for people – our employees, customers, suppliers and so on. But we also know that innovation is difficult. Problematic. And prone to failure. In fact, when visionary analyst, R “Ray” Wang looked into the data, he found that 52% of the Fortune 500 have disappeared since 2000. Such is the nature of this new form of “digital disruption” that new technologies and business models are decimating whole industries and categories. The iPhone as a single device, for example, says Ray Wang, killed 27 business models in one fell swoop.

The question that business leaders are asking is not just “WHAT is next” – but “is MY BUSINESS/INDUSTRY next”?

Time to slay the IDEAS dragon

Over the last 12 months or so I have been working to not only understand what is going on with the trends, technologies and consumer behaviours – but on methods that can help innovators from the front desk to the corner office – combat and address digital disruption. The solution requires a new approach to innovation. A rethinking of models – and even the adoption of business practices that we had thought were passe – uncool or even unnecessary.

But the very first act of the innovator is to slay the IDEAS DRAGON. It’s time we faced down the hard reality of innovation and entrepreneurship and realised that ideas are just not good enough. In fact, in pursuing ideas, we deny the true purpose of innovation – to address “problems worth solving”. The fact that many corporate (and entrepreneurial) initiatives and startups commence with an “idea” means that they are starting without the foundation of a burning platform. For entrepreneurs this means that the struggle to find product-market fit will take longer, and more difficult. And for intrapreneurs, those corporate, internal change makers, it means burning resources and opening yourself to a “career limiting” project. As David Burkus explains in this Harvard Business Review article:

When most organizations try to increase their innovation efforts, they always seem to start from the same assumption: “we need more ideas.” They’ll start talking about the need to “think outside the box” or “blue sky” thinking in order to find a few ideas that can turn into viable new products or systems. However, in most organizations, innovation isn’t hampered by a lack of ideas, but rather a lack of noticing the good ideas already there.

It’s not an idea problem; it’s a recognition problem.

Where there’s a burning platform there’s money to fix it

One thing that I have learned from my clients is that ideas have a currency – that of attention. A good, strong and catchy idea can take hold of the imagination of an entire Boardroom and ripple across an organisation. And as those waves spread, they become smaller. By the time they reach someone who is willing to take the idea on, it’s likely that the idea has lost its potency. It’s energy. It’s Board level support.

By establishing the Disruptor’s Handbook, my plan was to create a strategy and innovation firm focused on collaboratively helping work from the problem outwards. And by focusing on the “problems worth solving”, by seeking out the problems that keep C-suite executives awake at night, we realised that where there is a burning platform, there’s money to fix it. And the reason funding is available is that the product, service or experience has customers. Paying customers. And in the world of startups, that is known as product-market fit.

Think market-product fit first for success

Rather than looking for “product-market fit”, however, we should be reversing this. We need to be looking for “market-product fit”. We need to put the needs, expectations and demands of our market first. This has a range of benefits:

  • Reduced risk
  • Improved levels of word of mouth
  • Easier customer acquisition and retention
  • Early stage focus on delivering customer value over product features

With this in mind, much of our process with Disruptor’s Handbook has been designed to focus on what we call “marketing-led innovation”. And one key component of this strategy is the use of “distributed research and development”. In our eBook, Joanne Jacobs explains that taking this approach, almost any organisation can innovate like a startup:

[Distributed R&D is] … literally a mechanism where the prototyping stage of R&D is spread to an array of competing or collaborating innovators, with minimum viable products (MVPs) generated over a highly concentrated period.

And the proof is in the pudding. Partnering with Qantas on their first hackathon saw us working with senior business leaders and coders, entrepreneurs and other innovators to solve challenging and intractable problems that the airline had been struggling with. At the end of 24 hours of “distributed R&D”, teams presented 10 working demos to judges and Qantas executives. Many of these projects are now moving to commercialisation. The process is generating not just ideas but real businesses and real business value – and is doing so because:

  • The process slays the ideas dragon and focuses on problems worth solving
  • Problems that are “worth” solving have budgets and audiences attached
  • Market-product fit means that innovators are shipping “minimum buyable products” not just products that are “viable”.

Can Distributed R&D also work for your firm? Of course it can – contact us to find out more.