Tag Archives: business thinking

Crap Merchants

Maybe John Lennon had the Internet in mind when he wrote “Strawberry Fields/Nothing is real”.  OK, I realize the place in the song came long before the Web was invented, but they both have a decided lack of reality.  Since dishonesty or a lack of transparency seem to be this week’s theme, let me throw out another thought that’s prompted by the interwebs which might be helpful in business.  

There is a column in the Washington Post called What’s Fake On The Internet This Week.  It’s ending, unfortunately.  Like a car wreck, there is tragedy in every column but you can’t turn away.  What’s tragic is that people believe the things highlighted.  You’ve probably seen some of the amazing crap that goes viral.  Burger King refusing to sell Diet Coke to anyone ordering a 2,000 calorie Double Whopper or new flavors of Oreos.  Those are relatively benign.  It’s the junk about race or religion that is treated as Gospel that’s tragic.

How does this stuff get started?  It’s not an accident.  There are fake news sites that spend all day making this stuff up.  I realize that’s not new – the supermarket tabloids have been doing it for decades.  The difference is social media.  People don’t clip and send a National Enquirer article to hundreds of people but they certainly post things on Facebook.  One guy admitted he that tries to invent stories that will provoke strong reactions in middle-aged conservatives. They share a lot on Facebook, he explained; they’re the ideal audience.  Why do they do this?  Traffic equals eyeballs; lots of eyeballs equals revenue.

That really isn’t the business point.  This quote is:

Walter Quattrociocchi, the head of the Laboratory of Computational Social Science at IMT Lucca in Italy, has spent several years studying how conspiracy theories and misinformation spread online, and he confirmed some of my fears: Essentially, he explained, institutional distrust is so high right now, and cognitive bias so strong always, that the people who fall for hoax news stories are frequently only interested in consuming information that conforms with their views — even when it’s demonstrably fake.

We laugh at the fools who believe that Martians live among us and yet we’re all too willing to circulate information in business which confirms our own view of how the business is functioning.  That’s dangerous.  While a reality distortion field might work for a Steve Jobs, it probably won’t for you.  We need to find out the truth and not confirm out own cognitive bias. Laughing about the crap merchants who push this drivel is one thing.  Being one yourself is quite another, even if you’re less public than the folks who publish it on the Web. Besides, who wants to put their hand in the air and admit they fell for something so blatantly fake? You?

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Filed under digital media, Huh?, Reality checks

Posts Of The Year – #1

The post below was originally called Worst. Call. Ever. and was written the morning after the Super Bowl.  Maybe it really resonated with all of you or maybe it was just good SEO, but this became the most-read post of 2015.  It’s the kind of post I love to write: take an everyday event and extract some point that makes us better businesspeople.  Tomorrow we’ll have the year’s top Foodie Friday post (even though it’s Thursday!).  Enjoy.

I suspect you watched the Super Bowl last night. Hopefully, you did so all the way to the end and you witnessed the subject of today’s rant. For any of you who missed it, the Seahawks were driving and were on the 1-yard line, about to win the game. They just had to run it in and had 3 tries to do so (OK, maybe 2 since they only had one time out left). I’ll let the Times explain: 

A team with Marshawn Lynch, one of the best goal-line running backs in football, instead opted for a far riskier option, and Malcolm Butler made them pay, intercepting the ball at the goal line to effectively end the Seahawks’ hopes of winning a second consecutive Super Bowl.

Coach Pete Carroll took responsibility for the call after the game. So did his offensive coordinator, Darrell Bevell. Whoever actually made the call, the decision joins an ignominious list of the worst coaching decisions in sports history.

There is a business point in that decision.  Simply put, rather relying on the proven strengths of his team, the coach opted for trickery.  Obviously, it backfired and they lost the game.  It’s a good lesson for all of us.  We invest a lot of time in building our team and our business.  We come to realize over that time the things at which we excel and which help us win.  Those are the things upon which we must rely, especially during crunch time.  Trying “trickeration” may seem like a fine idea but it usually isn’t as good as doing what is known to work.

It wasn’t absurd to think of trying a pass play when everyone is expecting a run.  What made it such a bad call was that the passing game hadn’t been particularly effective and the Seahawks had lived on Lynch’s running ability all season.  Expecting him to run at you is not the same as stopping him and the Patriots hadn’t done so without at least a yard gained during the game very often.   In business, it’s not about what the competition is expecting.  It’s not about trickery or fooling anyone.  It’s about executing better than they do and producing a better product or service.  Ask Apple.

Thoughts?

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Filed under Huh?, Reality checks

Gone Fishing

It’s a very warm Christmas Eve here in the east – warm enough that many of us will go play golf today in shorts.  Hard to think that’s it’s Christmas tomorrow. In any event, this is the last new post before Christmas (I’ll post Monday, but I’ll probably begin the “Best Of The Year” series) and I wanted to touch upon the Christmas Eve tradition of the Seven Fishes.  I wrote about it several years ago and after reading it again, I thought I got it right the first time (funny how that saves you work later on!).  To those of you celebrating, Merry Christmas.  Whether we observe the day or not, we should enjoy its culinary gift!

Thanks Saveur!

Our Foodie Friday theme today is La Vigilia, the Christmas Eve tradition of the Feast of the Seven Fishes.  Now what, you might ask, does a nice Jewish boy know about such things?  Well, having spent a great deal of my youth around my best friend’s Italian mother and grandmother while they cooked, I know quite a bit.  I know that they started to prepare this feast several days in advance, as they put salt cod into water to hydrate it (there was a running battle about using milk to do that).  I know that they spent many hours over the subsequent days preparing all manner of seafood – fried, broiled, and baked.  And I know that it all was mind-blowingly good.

There’s one thing I didn’t know, and still don’t, about the Feast:  what does it represent?  Everyone knows it came as a southern Italian tradition and there are lots of theories about the number 7.  But apparently no one knows for sure and that’s the business point to end the week.

All too often in business, we do things because that’s the way they’ve always been done.  When we ask why or what does it mean, there is much head-scratching and often there’s uncertainty but both are generally followed with a shrug of the shoulders and a supposition that someone higher up wanted it that way.  I used to tell new employees that they possessed a rare commodity: fresh eyes with which to examine all of our business traditions.  They were not supposed to take “because that’s how we’ve always done it” as a satisfactory answer if something didn’t make sense to them.  Sometimes as we dug down into the “why” we figured out a better “how.”

I’m not sure it’s important that we understand the “why” of La Vigilia, but that’s an exception.  In business, everything changes pretty rapidly and the traditional ways may no longer work.  Questioning the reasons why we do certain things is a critical item on the path to success and we should encourage it.

And now, it’s off to go find some fresh fish.  Buon Natale!

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Filed under food, Helpful Hints, What's Going On