Blog | August 2011

YASN

August 20, 2011

According to Wikipedia, YA stems from "yet another…" which "is an idiomatic qualifier in the name of a computer program, organization, or event that is confessedly unoriginal". In this case, YASN is "yet another social network" and is becoming a derogatory terms amongst Angel investors, VC's and those of us whom advise and mentor startup companies.

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The New Economic Reality

August 18, 2011

A few years ago, I was responsible for a business unit which developed software that optimized product placement on grocery stores shelves. This was very sophisticated stuff that used sales data to figure out how much space should be devoted to each SKU and where products should be placed on the shelf or endcap  to maximize total store sales.

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Betting your Job

August 7, 2011

A recurring theme that I see in my consulting practice is people's reluctance to confront bad news.  This happens in start-ups who are dealing with a market that just doesn't need their product, VC's who don't want to invest, and organizations or employees who won't scale up to the next level needed to grow. It also happens in larger organizations where leaders are given targets that there isn't a hope in hell of achieving.  Often, the reaction in these cases is to ignore the data and try to outrun the problem. Rarely have I seen this strategy work. The result is that the person or organization suffers a painful period of trying to avoid the eventual bad outcome and doesn't succeed. 

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Choosing Top Sales People

August 3, 2011

I am catching up on my summer reading and just re-read Seven Personality Traits of Top Salespeople. This is an article worth reading if you are hiring sales reps.

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WFANP Part II

August 1, 2011

LakeSummer is always a great time for "Working from a Nicer Place" and I am back up at the cottage for the fifth time since I first wrote about it at Easter. Then, the ice was just dissolving from the lake. Now, it is baking hot in the sun and the lake is a very "swin-able" temperature.

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