It’s been a varied couple of weeks when it comes to blog posts in the Phoenix Business Journal. Here is what we have put out there since the last update on the PADT blog:
“The company itself is the now the product” takes a look at the shift in business towards the management of a company being incentivized to focus on the value of the company and not the product or service the company makes. This fundamental shift is changing the way business is done.
We have amazing technology at our beck and call every day that gives us information and helps us make decisions about everything from where to eat to where to go to college. The information and technology are so good that we barely need to think for ourselves. This begs the question “Is technology killing our ability to make decisions?”
Every year the same thing happens. All the momentum that had been building for the first half of the business year comes to a halt and we drift unproductive through July. I call this time “The July Doldrums”
Most of us spend a lot of time worrying about what university our kid should go to. After hiring college graduates for almost twenty-five years I’ve come to the conclusion that “What university should my kid go to is the wrong question.”
I recently found myself wanting to spend a lot more money on a business trip so I could get more points from the hotel’s point program. Silly. But that had me wondering “The power of loyalty programs: How awarding perks can boost your business”
Three new articles have recently been posted to the Phoenix Business Journal, with three very different topics. Click the links to read. If you like any of these, or any of the pieces we put out there in the PBJ, please share them on social media!
“Such a cool space, but I can’t hear a thing.” That is not just old age talking. More and more attention is paid to the look of a work area and not to the sounds in that area. And it can impact productivity. That is “Why we should pay more attention to noise in our workspaces.”
There are a lot of choices in the Valley for entertaining out of town business guests. “Phoenix’s Western resorts: A business tool to build your brand on” is a look at why you should take them to a local western-themed resort, and how to leverage the experience.
Too many companies these days load up their company description with buzzwords and catchphrases, completely passing by the opportunity to tell people what they do. I advocate that if you are coming up with marketing material, you should “Learn to define what your company does.”
Lots of new content to share out there from PADT on that is published by other people.
Two blog posts in the Phoenix Business Journal went out since the last update:
We meet fellow business people that become part of our network almost every day. At work, at dinner, and at events for our kids. Sometimes we even make connections while being driven to dinner. And those connections can pay off someday. In “Make connections wherever you can, even with your Lyft driver” I explore the impact of our more connected world.
I was at a business dinner, off on some tangent about the types of early-stage capital available in the state when I didn’t hear what my dinner companion said because the train behind him was too loud. Looking over his shoulder, past a crowd of pedestrians, I could see the Phoenix Art Museum was glowing yellow in the sunset behind the train. And then it hit me over the head – Phoenix has a real downtown now. I ponder this change in “Street side pizza, trains, and museums: downtown Phoenix, how far you have come.”
We were lucky enough to be asked to participate in this great local podcast for Business in the Phoenix area. Here is the description: Eric Miller, Principal & Co-Owner at PADT, talks about product development and angel investing. PADT is a globally recognized provider of Numerical Simulation, Product Development, and 3D Printing products and services. Links can be found here:
Google Play: http://bit.ly/2IBrRSF
The idea of Big Data, so much information that traditional data analysis tools cannot process it, has been around for a while now. We collect data, we store it, and we plan to use it. There must be value in all that information. Many of us are actively saving terabytes of data. In “Understanding Big Data: You have it, but how do you get value from it?” I take a look at the four critical questions you can answer with your mountains of ones and zeros.
The problem with most business revolutions is you do not realize you are in the middle of one until you are in the middle of one. We are in the middle of so many right now, it is hard to keep up. While taking a flight and listening to some Beatles, I had a thought about “The Beatles and other world-changing revolutions.”
We use the clipboard on our computers and phones every day and over the years it may have saved days if not weeks of cumulative time. I felt like it was time to speak “In praise of cut, copy, and paste.”
Busy times here at PADT, so three articles have gone out in the Phoenix Business Journal that we have not highlighted here on the Blog. Without further comment, here are the last three articles published:
A lot of effort can go into marketing a technology company, and every once in a while you hit marketing gold, and you see real revenue from your efforts. Revenue you would not have otherwise seen. Over the years, when we have hit gold, we executed on the “2 key steps to achieving marketing gold.”
“It’s not about the Nail”
A few weeks back, my post in this guest blog was a bit of a rant about how frustrated I get when people just say, “it sucks” and they do not give details on what is wrong or offer a solution. The problem is, I was wrong. I explore why I was wrong in “Sometimes it is not about the nail” and explore a video meme that had a big impact on me.
Customers can be vague. Due to no fault of their own, they are vague about what they want and how they want it. For a technology company like PADT, it can be a real problem. “Get comfortable with customer vagueness” takes a look at how we deal with the reality of finding certainty when things just are not defined yet.
The norm these days is to just ignore emails you don’t want to deal with. In “4 reasons why responding to emails in a timely way is good for business (and your karma)” I explore why this is not a good idea with four reasons that are real and have an impact on your business. Like it or not email is the primary mode of communication and we just need to deal with that.
When someone loses their life, it is too late to start regulating a company’s behavior. The recent tragic death of a pedestrian in a collision with an Uber self-driving car showed that “Self-driving car death a sad reminder of the importance of regulation.”
Since the feature is called, “My View” I shared my views on this topic in the Phoenix Business Journal. A little more editorial than my normal business/technology posts in the PBJ.
We have learned the hard way that “Finding True Innovators Is Tough, But the Talent Pool Is There.” And that pool is in the much-maligned millennial generation. In this contributions to Forbes.com, in their Grad of LifeVoice section, I explore what we have learned about that pool and offer up four suggestions:
1. Look for proactive behavior
2. Seek and encourage diversity in your workforce
3. Ask for a creative leam, then encourage more
4. Reward people who challenge your thinking and make you uncomfortable
Here are the two latest guest blogs in the Phoenix Business Journal:
Beyond the hype, understanding blockchain: Part 2
The latest tech trendiness is a technology for keeping track of transactions called Blockchain. Its popularity stems from the fact that it has some significant advantages over traditional ways of recording transaction. It is also popular because people have made millions out of thin air using it to track the creation of cryptocurrency. “Beyond the hype, understanding blockchain – Part 2” looks at the downside of Blockchain.
Burning bridges with people in business is just stupid
As tempting as it is, “Burning bridges with people in business is just stupid.”In this guest blog I talk about my own experience of how keeping relationships you wanted to cut has paid off for our business.
Time does fly and I got a bit behind on posting about postings in the Phoenix Business Journal. So here are three articles we hope everyone finds interesting:
It’s a Mess
One of the most annoying aspects of modern business life is the proclamation: “It’s a mess.” Complaining is fine, but there is no indication of what the problem is and no attempt at a solution. Please read “Turning “it’s a mess” or “it doesn’t work” into positive change” to share my pain and explore some solutions.
Exploring Easy with Disney
In “Exploring Easy: How a visit to a Disney resort highlights the power of easy” I add to the series on how making things easy in business is just a good idea. This post looks at the pure genius of the Disney organization in making every aspect of their customer’s experience.
The latest tech trendiness is a technology for keeping track of transactions called Blockchain. Its popularity stems from the fact that it has some significant advantages over traditional ways of recording transaction. It is also popular because people have made millions out of thin air using it to track the creation of cryptocurrency. “Beyond the hype, understanding blockchain – Part 1” I share what I learned about the technology that is Blockchain.
There are a few moments in life where everything stops, and you just have to take in the fact that something momentous is happening. I feel “The Falcon Heavy launch was not just cool, it was a big deal.” I was able to watch it in a public An individual decided he wanted to go into space. And he went. That is what is called a “game changer.” The power to achieve your dreams has never before been so possible. Hats off to Mr. Musk for wanting to do something big, and doing it.
While wandering through a maze of booths at a recent trade show, I stumbled upon something quite amazing. “A ping pong-playing robot? The world has just changed” explores how sensors, the cloud, and artificial intelligence is leaping forward and making science fiction real.
For my Valentine’s Day blog contribution to the Phoenix Business Journal, I share my somewhat unpopular opinion that the current decline in US business dominance is due to the fact that we are just too selfish. “Is selfishness in business always a good thing?” explores the idea that If we all do a little less for us and more for each other, we may find ourselves in a better world.