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Costly Lessons From Business Failures

Business failure is hard to swallow. I once founded a small software business that initially achieved some success but failed after we hooked-up with another software business whose products we introduced to our market. We failed because there were no synergies, their technology sucked (Intersolv - formerly Sage Software) and we simply did not change course.

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Marketing 1.0 to 2.0 considerations

I'm trying to find a theme that connects the following posts. One theme might be on the transition from marketing 1.0 to marketing 2.0? Hint! Hint! Take the time to read the comments on them - they are fantastic.

" Is Marketing A Discipline In Crisis?" by Tom Guarriello, thetruetalk blog. These are Tom's thoughts about goog "having serious difficulty figuring out a workable ad model for social networking sites", and his first day at the BRITE Conference.

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Twelve Steps Of Business Change

These twelve steps are based on AA. Most of them are counter intuitive and apply on a personal level. I know there are thousands of books on change but none of them are as effective or as open source like as AA. Besides, the idea of spirituality - having an open mind and getting over your ego - has a direct correlation with web 2.0 and social software applications. Strange stuff, huh?

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Enterpise Web 2.0 Scenario

From Early Stage VC, Peter Rip post about, "So What Does Web 2.0 in the Enterprise Look Like?

History can help us answer this question. If you are old enough to remember a world before PCs, then you have an unfair advantage. (Nice feeling for a change, huh?) You have seen history repeat twice and are likely to see it happen again. The answer is The Dominant IT Company defines the landscape for Enterprise IT. Everyone else follows.

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Failure to grok what's going on?

Doc Searl's, one of the author's of the cluetrain manifesto, has a number of quotes and links in his post, "Power from the people" about the tragic failures on the part of government agencies in the aftermath of Katrina. Last month I wrote about, Open Source Leadership as an Organizational Management Style. Here's part of what I wrote...

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Most Entrenched Business People Don't Get It.

Yesterday in the NY Times there was an article, Steal This Book. Or at Least Download It Free about the changing nature of publishing. Author, Warren Adler, "The War of the Roses" says "The big publishing houses just don't get it".

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Resistant to Change

There are six externalities that bring about change. They are regulation, capital markets, competition, technology, globalization and customers. When any of these external contexts changes radically and the company is either unable or unwilling to change, it often results in failure.

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Connecting Innovation to People, Places, & Things

The idea of connecting people, places and things is real. Get an account on any of the social networks to see for yourself. The web is writeable and information flows like water. People are doing things that were never before imagined. They are creating and sharing ideas via blogs, videos, podcasts, etc. Business managers and project teams should take notice because these social applications can help them improve customer service, product development, and information flows.

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