Posts Tagged ‘innovation’

Hey, what’s the Big Idea?

January 5th, 2010

How many times have you read a good book and thought to yourself “That’s a good idea, I should apply that to my own life“….but invariably you did NOT apply it to your life because you had no specific way to do so, or you forgot, or you were just too lazy to do so?

Big Ideas in Short Bites

Brian Johnson probably had these thoughts too, but he decided to do something about it…so he’s spent the past 18 months (much of it in Bali – SWEET!) reading his selection of the Top 101 books of all time in philosophy, self-help, business/leadership, and spirituality…and created short compendium notes (think: “cliff notes with actionable items”) of the best-loved books of all time.

Want to apply principles of Dale Carnegie, Tony Robbins, Mihaly Csikszentmihayi or Don Miguel Ruiz to your life? Then go get the overviews at PhilosophersNotes , sign up — and gobble up great learnings in short bites.  Brian’s made if available in written, audio and (sometimes) video versions. He’s entertaining and genuinely a nice guy :)

How Creative is this really?

For those of us who suffer from CNG (a.k.a. “Cliff Notes Guilt” as in: “I really should have read the whole book for class but I used cliff notes to get me over hump”), the question you are probably asking is “So… where is the creativity or innovation here”?

I think Brian is onto something very creative – see  this video on his latest project called “LIFE 101″

He has begun to map out the storyboard for a future book/series that will mesh together the great ideas contained in the first 101 books he’s read and reviewed.  This seems to be a creative idea that perhaps others have thought of, but has any one single (other than a book reviewer) actually chosen, read, digested, analyzed, and re-formulated the top 101 philosophy books? That seems useful to me.

See Brian’s blog for more on this…

From “Creativity to Innovation”

If Brian is able to create a Mash-up of the top 101 books, what is the result? Is it possible he will create new connections and intersections (see my past post on Intersectional Creativity and Mashups) that others have not seen before.  Yes, probable. The exciting thing is that by having created a forum in Philosophers Notes where others can view and take action on these books, I think he’s actually using today’s technology in a very innovative way – to turn Ideas and Creativity into actionable results.

Looking forward to Master Brian’s results in the coming year!

Marketing Innovation – Part II

December 21st, 2009

At my course at UC Berkeley on Innovation, Creativity & the Entrepreneur we had an eye-opening class on “Marketing Innovation” -  how the marketing profession/role has dramatically changed in the past 10-15 years, the impact of various technologies on Marketing globally, and current innovations in marketing, ranging from research, to advertising, to promotion, price, product and channel/place (the “Marketing Mix” as taught at the Haas School).

I challenged our 46 students to each go out on the ‘Net and find the best examples that they could on “Marketing Innovations” – both technology-driven and “old media with a new twist”.  Results were FANTASTIC as we collectively found over 90 examples of all forms of creativity and innovation in today’s marketing.

Wanted to share the top trend-setting blogs & sites for Marketing Strategy:

  • Visionary Marketing blog – created by an international set of entrepreneurs/marketers, provides and excellent Blog Roll of many other great spots for Marketing Innovation on the Net.
  • Business Week blog on InnnovationThis blog covers “new innovations in marketing from new tools to how people rethink how to get their messages out.  Marketing Innovation is part of Business Exchange, suggested by Tracy Zhang.
  • Tim Brown’s Design Thinking blog (thank, you, Kavita) – Tim Brown, CEO of IDEO, offers his cutting edge views on design and innovation. His posts tend to take a deeper dive into areas such as creative culture and how purpose creates a strategic advantage in the area of innovation.
  • Adam Richardson’s blog (thank you, Kavita) – The Creative Director at Frog Design’s blog on the intersection of design, business, technology,and culture. His posts focus on ways to integrate creative and strategic thinking and approaches to any problem.
  • Online marketing blog (thank you, Angus) – Internet marketing blog on the intersection of social media, digital public relations and search engine marketing. Tons of interesting info. and some interesting overlaps with Seth Godin’s blog – try typing “marketing is ,” or “marketing innovation ” in Google search … makes you think.
  • Future Lab – blog by global agency, FutureLab with lots of entries on strategy and innovation
  • Seth’s blog (thank you, Angus) – Marketing guru Seth Godin’s blog which doesn’t hold punches. Godin founded of Squidoo (http://www.squidoo.com/) which is a user-generated- website that uses the concept of a lens to filter information (like blog posts but within a subject).
  • Web Strategist (thank you, Deval) -  Jeremy Owyang is a web strategist whose target audience is Marketing professionals and CMOs. He writes for Forbes as well.Very practical advice on how to leverage social media for your company.

I’d like to hear about additional sites on the strategic/general topic of marketing innovation…

Marketing Innovation – Part I

December 5th, 2009

Disruptive technologies, and a shift in the ways consumers and business purchase are the culprits behind a massive shift in the world of marketing in the past decade. This shift continues today, as innovations in advertising, direct marketing, public relations, promotions, channel marketing, product marketing, branding, market research, and other areas. I will cover each of these areas in a series of blogs: Part I, II, III, etc….until we get it all covered!

The entire Internet Advertising Space may be $1B in size…Let’s Go Celebrate!

As Yahoo’s original VP Marketing & Sales, I played a role in the beginning of this shift. In 1995, as Yahoo was being founded, we had to consider the Internet as a new medium for advertisers, forge a sales pitch that would convince yahoo_logolarge advertisers to “test out” banner advertising and key-word searches as legitimate ways to market their message. Fortunately, a few pioneers like Citbank, Worlds Inc. and Softbank believed us – and within a year hundreds of advertisers joined the fray. .. But the market researchers at the time thought that ad revenues might shift to Internet to $1B within 5 years – eureka! (?yahoo!?) – we were off to the gold mines, but only a fraction of the world’s marketing was anticipated to shift to online.

OK..well, maybe the entire Online Marketing  Space will be $3-5B in size…

Again, in 1996, working with Bill Gross at IdeaLab,  I brought together a business development and marketing team to assist in the founding of Goto.com (later to become Overture).  Yahoo and Excite were already public by this point, yet the face of marketing was only beginning to change.  The shift to online spending by large advertisers had only just goto_logobegun…but the idea of a SEARCH as a driving force had caught our attention, and the idea of “pay for position”/auction advertising seemed increase our potential revenues, so we tested our ideas…within 15 months Overture went public. ….But the market researchers at the time thought that ad revenues might shift to Internet to $3B within 5 years – wow!  (it was only anticipated to be a partial shift).

Online Marketing is now $45B+ globally and growing fast…

But take a look at recent articles on the online advertising/marketing space and we see that 15 years later it has bloomed into a $45M (2008) market.

Technologies that we now know to be the culprit in this dramatic shift (and some funky examples that you might enjoy checking out over the ‘Net):

  • Social media – The hottest new area of innovation in marketing today is SMM  – social media marketing.  Way way back in 2000, we used to call this “viral marketing”, until actual platforms like LinkedIn, Facebook, and Twitter allowed us to direct eyeballs (well, call them “Followers”) to almost any type of event, brand, or product you can think of.
  • Broadband into the home & workplace – why are my children no longer crowding me out of my rightful spot in front of the family-room television? Because they don’t need to compete with me anymore – thanks to broadband into the home (which I use to watch digital TV advertisements over ), my kids are upstairs in their bedrooms snapping up Coke commercials as they watch their favorite tv shows and movies on Hulu.
  • Digital Video - my favoriteexample,  Where The Hell Is Matt (sponsored by Stride Gum), with 25 million views on Google’s YouTube exemplifies how companies can virally spread their brand or product/services thanks to advances in digital video

Marketing – one tough career ?

The huge variety of technologies that have enabled Innovative Marketing are causing a lot of trouble on Madison Avenue and in boardrooms all over the world…and the job of Marketing has become, actually quite complex, today, because there is no way to compare the impact of one’s branding, direct marketing, advertising, or social media marketing efforts.

In future blogs, my plan is to lay out some of the best resources on the Web for Innovative Marketing, and share examples and trends in each of the major marketing areas.

But, first, I leave you with one a favorite Marketing Innovation, discovered by one of my students at Berkeley (thank you, Joan).  I love this one because it takes advantage of digital video, social media, and plain old smart branding.