Although most of what PADT publishes is here on this blog, we do get asked to submit articles to periodicals, journals, blogs, and other external publications. We also get interviewed every once in a while. This part of the blog will give brief summaries of what was published and a link to where they are published.
If you are not up for reading right now, you can also view our video content on YouTube here.
The experts at PADT are often asked to speak at conferences around the country, even around the world. This is a great opportunity for us to present what we do and share what we know. The downside is that we only reach the people in the room. The solve this, we are going back and presenting past live seminars at our desks and recording them on BrightTalk. This is the second of those recordings. To find others go to our BrightTalk Channel
Fear can be an incredible motivator, especially in a small and growing business. This talk, originally presented at Phoenix Startup Week in 2018, goes over how being scared can be a good thing.
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.
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." Florida medical malpractice lawyers are governed by certain laws that require them to establish with high credibility the fact that their client has a case to begin with. They must submit this in writing. If later findings reveal that there was no real and justifiable basis for a medical malpractice suit, the concerned lawyer becomes personally liable. Florida medical malpractice laws are very strict about possible defamation of the state's medical practitioners. Florida medical malpractice lawyers choose their clients with extreme care, since the burden of investigation as well as a considerable portion of the initial financial outlay for a case falls on them. In Florida, a full-fledged medical malpractice suit can stretch over periods of two to three years, and a NYC Personal Injury Lawyers stands to collect significantly only on successful completion. Deciding whether a medical malpractice case is feasible or not is one of the most vital functions of lawyers in Florida. They have to decide whether the investment of money, time and effort is balanced out by possible returns. This calls for a high degree of oversight and experience, as well as an instinctive feel of the state's legal 'weather'. Another hurdle that Florida-based medical malpractice lawyers are often forced to overcome are the complex liens that govern damage settlements involving insurance-based medical care financiers such as Medicare and various Health Maintenance Organizations, or HMOs. Such organizations expect to be compensated for medical services that they have underwritten if these services have generated damages in a medical malpractice suit. If a client fails to do this, he may be slapped with a criminal case. A medical malpractice lawyer in Florida therefore walks a very thin line, and the legal fine-tuning itself can call upon unprecedented legal resources. In an interestingly peculiar twist of law, a claimant who wins a medical malpractice case in Florida without the aid of a lawyer will still find the net value of settlement reduced by an amount comparable to a lawyer's fees. In other words, the claimant saves nothing if he fails to engage a lawyer's services. When a client files a claim for malpractice, it is the medical malpractice attorney's job to secure him or her damages for the pain and suffering which resulted from a doctor's negligence. In cases of death, the attorney attempts to college damages for the family of the deceased. This can be a complicated procedure, as malpractice laws and regulations, particularly the statute of limitations, may vary from state to state. There are two types of damages available to victims of medical malpractice. A successful malpractice attorney may be able to secure the client both compensatory, as well as punitive, damages. Compensatory damages serve to financially compensate victims of medical malpractice for their own financial losses or damages that may have resulted from the incident. The client may be entitled to compensation for a whole host of medical bills both past and future, including hospitalization, surgery or therapy. The client may also be compensated for pain or suffering resulting from the malpractice. This might include any deformity or disfigurement, as well as physical or mental impairment. Punitive damages refer to money recovered to make an example of the doctor in question. These awards are not meant to compensate the victim, but more to punish the defendant and hopefully deter him or her (as well as the profession) from future misconduct. Punitive damages are more difficult to recover, as the malpractice attorney must prove obvious, reckless disregard for the safety of a patient. The doctor must have knowingly engaged in inappropriate dangerous behavior for punitive damages to be recovered. Medical malpractice attorneys must be aware of the specific medical malpractice "statute of limitations" governing the state in which the incident occurred, before addressing each malpractice case. The statute of limitations refers to the length of time one can legally wait before filing a claim for medical malpractice. These lengths vary from state to state so it is important for both the client and the malpractice attorney to be aware of their individual state laws governing medical malpractice. Oftentimes, in cases where malpractice attorneys are successful is producing compensatory and punitive damages for a client, malpractice payouts can reach into the millions or dollars, depending on how profound the suffering of the victim is determined to be. Obviously then it is in a victim's best interest to procure a medical malpractice attorney who is well-versed in the malpractice laws of the state where he or she resides.
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.
If you buy and sell things online you must have a safeguard private key, because in theory, the cold wallet solution is reported to be the most secure way to store cryptocurrency. Some cryptocurrency users prefer to keep their digital assets in a physical “wallet,” most often a device that looks like a USB stick; they can only be accessed by being plugged directly into a computer and require an internet connection in order for a user to access and move their cryptocurrency funds.
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. Bitcoin is the most lucrative form of cryptocurrency, which means it will naturally attract a lot of fraudsters and cybercriminals. Recently, there have been several attempts to hack into the blockchain infrastructure on which bitcoin thrives. Therefore, traders, hoarders, and other readers interested in bitcoin need to know about the latest security developments invested in the cryptocurrency. You can find more info here about Bitcoin.
Cryptocurrency is electronic currency, short and simple. However, what's not so short and simple is exactly how it comes to have value. Cryptocurrency is a digitized, virtual, decentralized currency produced by the application of cryptography, which, according to Merriam Webster dictionary, is the "computerized encoding and decoding of information". Cryptography is the foundation that makes debit cards, computer banking and eCommerce systems possible. Cryptocurrency isn't backed by banks; it's not backed by a government, but by an extremely complicated arrangement of algorithms. Cryptocurrency is electricity which is encoded into complex strings of algorithms. What lends monetary value is their intricacy and their security from hackers. The way that crypto currency is made is simply too difficult to reproduce. Cryptocurrency is in direct opposition to what is called fiat money. Fiat money is currency that gets its worth from government ruling or law. The dollar, the yen, and the Euro are all examples. Any currency that is defined as legal tender is fiat money. Unlike fiat money, another part of what makes crypto currency valuable is that, like a commodity such as silver and gold, there's only a finite amount of it. Only 21,000,000 of these extremely complex algorithms were produced. No more, no less. It can't be altered by printing more of it, like a government printing more money to pump up the system without backing. Or by a bank altering a digital ledger, something the Federal Reserve will instruct banks to do to adjust for inflation. Cryptocurrency is a means to purchase, sell, and invest that completely avoids both government oversight and banking systems tracking the movement of your money. In a world economy that is destabilized, this system can become a stable force. Cryptocurrency also gives you a great deal of anonymity. Unfortunately this can lead to misuse by a criminal element using crypto currency to their own ends just as regular money can be misused. However, it can also keep the government from tracking your every purchase and invading your personal privacy. Cryptocurrency comes in quite a few forms. Bitcoin was the first and is the standard from which all other cryptocurrencies pattern themselves. All are produced by meticulous alpha-numerical computations from a complex coding tool. Some other cryptocurrencies are Litecoin, Namecoin, Peercoin, Dogecoin, and Worldcoin, to name a few. These are called altcoins as a generalized name. The prices of each are regulated by the supply of the specific cryptocurrency and the demand that the market has for that currency.
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.