MBA's will lose you money & karma is for those who wait..."Chocolate"

"Shark Tank" is the latest "walk in a room, be berated and leave" TV show.  Think, The Apprentice, The Voice, and The Gong Show all rolled up into 47 minutes of thrill packed demonstrations.

Entrepreneurs (everybody is one now days) pitch their idea to the 'sharks', asking for funding in exchange for ownership.  If the sharks like what they see, they may bid against each other in an effort to get a piece of the possible up side.  If they don't like a proposition, they drop out.

One of the sharks, Barbara Corcoran, was interviewed by LinkedIn revealing some interesting ideas about intuition and partnering.  Barbara built a real estate empire in New York, employing 1400 folks before selling her company for about $60 million.  Today, she advises and runs up and coming businesses.

She knows what she does best and where her weaknesses lie - when hiring or partnering, she seeks out those who have qualities she does not and utilizes her intuition on all decisions. She doesn't actively seek out MBA's - she's lost money with them in the past.

"She didn’t wait for karma to come around and bless her at some later point; she got mad and she fought for what she wanted now."

I equate her attitude toward MBA's similar to my view about benchmarks.  Why utilize other people's  academic musings.  The world changes so quickly, book knowledge or user surveys cannot keep up.

Sure, standard mechanisms of accounting and finance apply; there are plenty of talented people excel in the science of 'double-entry'.  When the environment is stable, meandering or static comparing today to yesterday in order to see tomorrow, is prudent.

But it ain't that way anymore, is it?  Turbulence is everywhere.  Looking aft only tells you where you've been and listening to people who measure tomorrow from yesterday is a siren call.

I follow her example and advice: let others live the normal.  Believe in what you feel as much as what you think - most of all, hear yourself.

What are you doing in your business?  Are you adding up the numbers, working harder to get more done?  Are your wheels spinning?

If you could alter anything, what would your gut tell you to change?

How Barbara Corcoran Spots Success from LinkedIn

How the New World of Work is Innovating through Representation

12/26/14

When the American colonists rejected the rule of monarchy, much of the world considered the rebellion doomed to fail. After all, the colonies were young, possessed a small army, and lived under an experimental governing structure. The disobedient rabble—the grassroots—would fall into line once the British military might come to bear. 

Well, we all know how it ended, don’t we? And it all started with those considered to be “at the bottom.”

Fast forward 250 years, and while the discussions of today’s new world of work revolve around information mobility rather than taxation without representation, this idea of grassroots movements driving change is still embedded in our culture.

Today, individuals feel comfortable reaching out directly to C-suite executives of major companies or organizing and managing global conversations and events via social media platforms. In today’s transformative digital world, people have the same access to the same information as everyone else around them – anywhere, anytime. It’s an even playing field of knowledge and accessibility that did not exist at any prior point in our history.

Merry Christmas...2014

Yes, I know, its WHAM!

This real old skool funny music stuff cracks me up.

The song came out in 1986: 24-25 years ago.

Right about the time most of the experts were just getting into MPS - right?

LOL!

Merry Christmas -

Words Of Power: The Difference Between Product and Service

When I first saw this video, I immediately recognized the difference between selling product and providing a service.  I saw it in the lady who changed his value proposition from

"I am blind. Please help." 

to

"It's a beautiful day and I can't see it."

A simple variance.  Not a lie and if anything, the purest of content; without spin and heavy in perspective.

How are you presenting your value proposition?  Are you true to you - at a deeper level - or are you simply forwarding, "We sell managed print services"?




Click to email me.

Xerox Sells IT Outsourcing

During a Friday announcement, French IT company Atos SE revealed it is purchasing Xerox's IT outsourcing business in a deal reportedly valued at $1.05 billion in cash.

From an October 2009 statement regarding the ACS acquisition:

"...Xerox executives say the IT outsourcing portion of the ACS buy is integral to expanding the company's BPO offerings. "The lines between document outsourcing, BPO and ITO are blurring," says Paul Hartley, Xerox's vice president of corporate business strategy. "In fact, a robust IT infrastructure is paramount if it is to serve as the backbone of a BPO operation."

“Atos is a company with whom we’ve had a long relationship in several capacities. Selling the ITO business to Atos gives our clients around the globe an expanded, world-class suite of IT capabilities that complement Xerox’s industry leading BPO and document outsourcing solutions.” said Ursula Burns, Xerox’s chairman and CEO. “This transaction is another step in our ongoing portfolio management strategy and increases our focus on those areas where we can deliver the most value and expertise to our clients”.

What does this mean?

For the trenches, not much.  In a larger sense, Xerox is now able to focus on document based BPO and Document Outsourcing.  Xerox ITO services is was part of the ACS acquisition back in 2009:

The deal looks to be good for both Xerox and Atos; opening the US IT outsourcing market to Atos and allowing Xerox to collaborate with Atos and present Document BPO services to current clients.




Click to email me.