A brilliant comparison of the evolutionary dynamics of Darwin's finches in the Galapagos and modern business competition and the emergence of API & App-based business today.
Topic "European Debt and Global Currency Chaos: Understanding and Managing the Risk"
The growing foreign debt problems in Europe, combined with a variety of dramatic global economic and political upheavals, has led to unprecedented global currency volatility and growing economic uncertainty. As economists contemplate the prospect of a break-up of the euro, an unpegging of the Chinese renminbi to the U.S. dollar, and the possibility of a second global economic crisis (centered this time in Europe), what should companies do to understand their exposure and protect corporate value from foreign currency risk?
A brilliant comparison of the evolutionary dynamics of Darwin's finches in the Galapagos and modern business competition and the emergence of API & App-based business today.
Topic "European Debt and Global Currency Chaos: Understanding and Managing the Risk"
The growing foreign debt problems in Europe, combined with a variety of dramatic global economic and political upheavals, has led to unprecedented global currency volatility and growing economic uncertainty. As economists contemplate the prospect of a break-up of the euro, an unpegging of the Chinese renminbi to the U.S. dollar, and the possibility of a second global economic crisis (centered this time in Europe), what should companies do to understand their exposure and protect corporate value from foreign currency risk?
I'm curious to know how people view the differences between "utility" vs. "content" in social media.
Most major web and wireless success stories are rooted in utility, not content-- Facebook (social networking), Twitter (microblogging), Google (Search), YouTube (video sharing), Flickr (media sharing), Eventful (event planning), Match (date facilitation), etc. That said, there is always a dance between "broad" and "niche" in media and commerce. Walmart sells shoes and computers but Nike Town and Apple Store do pretty well. ABC, NBC and CBS are broadcasters, but nichecasters Food Network, SyFy and Cartoon Network are killin' it.
So what happens as "utility" gets subsumed by "affinity"? That is, there is "genetic engineering" happening right now around cross-pollinating editorial cultural (Hollywood, Publishing, etc) with utility culture (Silicon Valley, Silicon Alley, Silicon Slopes, etc). Can Facebook be all things to all passion/affinity groups? Or is there an opportunity to provision integrated social marketing and messaging (ISM) apps that merge editorial POV with utility focused on a single affinity group (golfers, foodies, church-goers, brides-to-be, moms, etc)?
To start the discussion, I've included "Six Slides on Social Nicheworking" from the original blog post at http://jimbanister.com/?p=324
I'm curious to know how people view the differences between "utility" vs. "content" in social media.
Most major web and wireless success stories are rooted in utility, not content-- Facebook (social networking), Twitter (microblogging), Google (Search), YouTube (video sharing), Flickr (media sharing), Eventful (event planning), Match (date facilitation), etc. That said, there is always a dance between "broad" and "niche" in media and commerce. Walmart sells shoes and computers but Nike Town and Apple Store do pretty well. ABC, NBC and CBS are broadcasters, but nichecasters Food Network, SyFy and Cartoon Network are killin' it.
So what happens as "utility" gets subsumed by "affinity"? That is, there is "genetic engineering" happening right now around cross-pollinating editorial cultural (Hollywood, Publishing, etc) with utility culture (Silicon Valley, Silicon Alley, Silicon Slopes, etc). Can Facebook be all things to all passion/affinity groups? Or is there an opportunity to provision integrated social marketing and messaging (ISM) apps that merge editorial POV with utility focused on a single affinity group (golfers, foodies, church-goers, brides-to-be, moms, etc)?
To start the discussion, I've included "Six Slides on Social Nicheworking" from the original blog post at http://jimbanister.com/?p=324