The big law of small numbers, Part III

Continuing on a theme here, let’s look at yet another big law of small numbers.  Last week we talked about how little changes can help you double sales, and how some customers might be worth 40 times more than others.  Today I want to focus on the huge multiplier effect a small number of customers can haveContinue reading “The big law of small numbers, Part III”

The big law of small numbers, Part II

I thought I’d continue on yesterday’s post with a little more about the way numbers can add up in unexpected ways. One of my favorite stories from business school comes by way of my Advertising professor.  Prior to joining the faculty, she had worked on the McDonald’s account at Leo Burnett.  She was relating a story about aContinue reading “The big law of small numbers, Part II”

The big law of small numbers

Just like spaceships powered by calculations on a waiter’s bill pad, I’m always amazed at how a credit card bill seemingly filled with lots of $20 and $30 charges (and the requisite grocery bill) can add up to such a staggering high total after only a page and a half.     Let’s call this theContinue reading “The big law of small numbers”

Never underestimate – or misinterpret – the exponential function

“Crime in the city doubles this decade” The human brain is a funny thing.  You toss a ball to a four year old, and he will do differential calculus in his head, without even knowing it, to reposition his body and hands to more or less line up with where the ball will be.  ButContinue reading “Never underestimate – or misinterpret – the exponential function”

It’s 2009, so why are we still advertising like it’s 1959?

In just over two weeks, tens of millions of us will gather in front of our TVs to watch the Superbowl and be presented with a slew of high-end ads, ads for which companies will have shelled out $3M for 30 seconds.   Afterwards, there will be the usual dialogue about which ads were hitsContinue reading “It’s 2009, so why are we still advertising like it’s 1959?”

Get your signed copy of “Information on Demand for Dummies”

Remember that dropoff in blogging around the middle of August?  While I couldn’t share the reason at the time, it was in large part due my involvement in the “Information on Demand for Dummies” book that everyone at the IOD 2008 conference should now have in their possession. This was a very fun project, andContinue reading “Get your signed copy of “Information on Demand for Dummies””

TMCNet: Enterprises Split on Business Value of Instant Messaging

TMCNet News has an article covering findings of a survey on the use of IM in the enterprise.  According to their results, IM use, and in particular enterprise IM use, is pretty prevalent.  What I found interesting in the more detailed results on their site is that in North America, the larger you go in theContinue reading “TMCNet: Enterprises Split on Business Value of Instant Messaging”

InternetNews: IBM Aims to Burst Microsoft’s Office Communications Bubble

We announced today that we will be enabling integration between the Lotus Symphony product suite and Lotus Sametime and Lotus Sametime Unyte.  As always, Akiba does a better job than I could of summarizing why this is important (via InternetNews) “During an interview with InternetNews.com, Akiba Saeedi, director of IBM’s Unified Communications and Collaboration division,Continue reading “InternetNews: IBM Aims to Burst Microsoft’s Office Communications Bubble”