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Monday, September 29, 2008

5 Big Ideas From Interact 2008

I spent the morning and part of the afternoon at an interesting gathering in Washington DC of folks who are trying to learn about digital media and the evolution of interaction online. Unlike other events where they separate content into tracks to allow people to optimize their time, everything is in one big session. As a result, half the after lunch crowd looks suitably confused by listening to a presentation about SOA (Service Oriented Architecture) - and the other half looked extremely confused this morning by the earlier presentations about design. I'm not sure if an audience is ready for such a broadly focused event - but here are a few big ideas I noted

Ted Leonis (Clearspring) - Why CEOs Should Blog
The keynote speaker for the day was Ted Leonis, something of a local DC celebrity for his early moves in digital media and success in founding companies. At one point, he shared his motivation behind starting his blog. He was already successful, yet when he Googled his name, the first thing that came up was a relatively negative story from the Washington Post. His main first motivation to start his blog was to push that negative result down off the top ten results pages.

John Bell (Ogilvy 360 DI) - The 7 Big Barriers To Social Media
In his leading session, John talked about the 7 key barriers to social media and using it, and then went through some solutions that we have uncovered for how to do this. Some of the barriers are likely ones that you will recognize if you have tried to sell social media within the enterprise - such as understanding where social media fits within your org chart and how it requires building relationships instead of just running campaigns.

Joe Crump (Avenue A / Razorfish) - Interbrand Brand Rankings Don't Matter
One of the main points that Joe raised which was interesting is just how much weight we put on rankings such as the Interbrand report to tell us what brands are the most popular in the world. Instead of looking at just those rankings, Joe suggested looking at a combination of 7 factors that brands which stand out today all have. A few brands that he mentioned that would top that list would be Ikea, Apple, and Netflix. The seven factors he talked about was authenticity, adaptive, relevance, transformation, fresh, immersive and social.

Joanna Champagne (National Gallery of Art) - Map Your Goals To Your Company Mission
In an institution like the National Gallery of Art, things have been done the same way for a long time. Joanna talked about how she got support internally to redesign and relaunch an ambitious new site for the National Gallery of Art by mapping what she was doing to their existing mission. For example, part of their mission was to preserve the world's artwork for future generations. Explaining the power of a new site in those terms allowed her to get more support for more places.

Marisa Mayer (Google) - Speed Is The Most Important Criteria For Success
Most of us have heard the stories about Google's work environment that inspire envy across the world. That staffers get up to 20% of their time to explore their own projects (true) and that all "offices" have bean bags (also true). One of the things that Marisa shares which I had not heard about before was just how important speed is to Google's success in products. She talked about some tests that they did on spacing, how many search results get displayed on the first page, and changing the backend algorithm for Google Maps to improve speed. In each case, doing things faster demonstrated a measureable increase in users.

I'm speaking tomorrow on a panel titled "Growing Your Business Through Social Media" and is the closing panel for the event.  I'll be on stage with several good friends from the DC area as well as one of my favourite smart clients from Intel, Ken Kaplan. Jesse Thomas will be moderating and others on the panel are Brian Solis, Nick O'Neill, and Frank Gruber.

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Comments

These are awesome ideas! I particularly like that info about Google from Marisa. You should perhaps link to all their blogs? Or instead of being lazy, I can manually look them up :)

This blog is really nice and informative. We are pleased to know this blog is really helping people and it’s our pleasure to post informative content on this useful blog created by webmaster.

Here’s our market view on American stock market for 16th October, 2008

Stocks sold off sharply yesterday and the major averages have given back more than two thirds of the advance from last Friday's lows to Tuesday's highs.

The session got off to a bad start as investors began to react again to economic news: specifically, pre opening, the September retail sales and October Empire Manufacturing index were disappointing and stock futures sold off.

Pressure on the market came throughout the session on light volume in what we think was a classic buyers' strike after the significant volatility the past few sessions.

Many market participants were just content to stand aside and let the dust settle. Adding to the selling pressure was further second guessing of the government's rescue plan that we spoke of Tuesday carrying into yesterday's session.

The CBOE Volatility Index, the VIX, rose more than 14 points to 69.25, just shy of its record close reached last Friday at 70. The CBOE NASDAQ 100 indicator reached a new new record close at 72.93.

The number of bulls in the Investors' Intelligence survey fell to another multi-year low at 22.4%. The internals of the market were overwhelmingly negative: NYSE issues 8/1 negative and 97% of the volume to the downside. NASDAQ issues were 6/1 negative and 98% of the volume was to the downside.

Based on the extreme fear and dramatic sell-off on big volume last Friday, we believe the market has probably seen its lows for this bear market but a full retest is underway. Today - Worldwide markets were down overnight and U.S. stock futures are signaling flat to lower opening. Today will be a big test for the market.

ThePowerStocks.com Team
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http://www.thepowerstocks.com

This blog is really nice and informative. We are pleased to know this blog is really helping people and it’s our pleasure to post informative content on this useful blog created by webmaster.

Here’s our market view on American stock market for 17th October, 2008
The major stock averages had another dramatic day of swings yesterday, the Dow reversing from down 380 in the morning to close up 401 points. The averages finished just shy of their highs of the session and the NASDAQ Composite led the way.
Stocks briefly rose at the opening, then reversed lower as a plunge in the October Philly Fed index (reported -37.5 v. estimated -10) and disappointing reading on September industrial production (reported -2.8% v. estimated -0.8%) weighed heavily. Follow-through selling from Wednesday was also a likely factor adding to the pressure on stocks.
The measures of fear again reached record levels in the morning plunge. The CBOE Volatility Index, the VIX, and the CBOE NASDAQ 100 volatility indicator both rose to new intraday all-time highs of 81.17 and 84.62, respectively. Stocks steadily slid to their late morning lows. At that point, the DJIA was down 380 and the NASDAQ 62 point and the internals of the market were overwhelmingly negative for both the NYSE and NASDAQ.
From the lows, the Dow rallied more than 500 points in an hour, gave back 200 points from their early afternoon peaks and settled into narrow ranges. A late acceleration sparked another 500-point rally up to the close. With the stock market successfully holding onto to their gains, the VIX and NASDAQ Volatility indexes eased back into their closes. The broad market finished solidly positive. Volume picked up substantially from the previous day's low levels.
Today - Volatility will also rise as a significant amount of options expire in a triple-witching session. The opening looks lower.
ThePowerStocks.com Team
Get 56 days free trial on our exclusive newsletter. Offer Limited.
http://www.thepowerstocks.com

This blog is really nice and informative. We are pleased to know this blog is really helping people and it’s our pleasure to post informative content on this useful blog created by webmaster.

Here’s our market view on American stock market for 17th October, 2008
The major stock averages had another dramatic day of swings yesterday, the Dow reversing from down 380 in the morning to close up 401 points. The averages finished just shy of their highs of the session and the NASDAQ Composite led the way.
Stocks briefly rose at the opening, then reversed lower as a plunge in the October Philly Fed index (reported -37.5 v. estimated -10) and disappointing reading on September industrial production (reported -2.8% v. estimated -0.8%) weighed heavily. Follow-through selling from Wednesday was also a likely factor adding to the pressure on stocks.
The measures of fear again reached record levels in the morning plunge. The CBOE Volatility Index, the VIX, and the CBOE NASDAQ 100 volatility indicator both rose to new intraday all-time highs of 81.17 and 84.62, respectively. Stocks steadily slid to their late morning lows. At that point, the DJIA was down 380 and the NASDAQ 62 point and the internals of the market were overwhelmingly negative for both the NYSE and NASDAQ.
From the lows, the Dow rallied more than 500 points in an hour, gave back 200 points from their early afternoon peaks and settled into narrow ranges. A late acceleration sparked another 500-point rally up to the close. With the stock market successfully holding onto to their gains, the VIX and NASDAQ Volatility indexes eased back into their closes. The broad market finished solidly positive. Volume picked up substantially from the previous day's low levels.
Today - Volatility will also rise as a significant amount of options expire in a triple-witching session. The opening looks lower.
ThePowerStocks.com Team
Get 56 days free trial on our exclusive newsletter. Offer Limited.
http://www.thepowerstocks.com

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