I Don’t Want to Be Your Friend (Today)
The biggest problem with all the social networks, as far as I can tell, is that there’s no easy and obvious way for me to differentiate the people to whom I am connected either by type of person or by how closely connected we are.
I have about 400 on Facebook and 600 on LinkedIn. And I’m still adding ones as new people get on the two networks for the first time. While it seems to people in the industry here that “everyone is on Facebook,” it’s not true yet. Facebook is making its way slowly (in Geoffrey Moore terms) through Main Street. Main Street is a big place.
But not all friends are created equal. There are some where I’m happy to read their status updates or get invited to their events. There are some where I’m happy if they see pictures of me. But there are others where neither of these is the case. Why can’t I let only those friends who I tag as “summer camp” see pictures of me that are tagged as being from summer camp? Why can’t I only get event invitations from “close friends”? Wouldn’t LinkedIn be better if it only allowed second and third degree connections to come from “strong” connections instead of “weak” ones?
It’s also hard to not accept a connection from someone you know. Here’s a great example. A guy to whom I have a very tenuous business connection (but a real one) friends me on Facebook. I ignore him. He does it again. I ignore him again. And a third time. Finally, he emails me with some quasi-legitimate business purpose and asks why I’m ignoring him — he sees that I’m active on Facebook, so I *must* be ignoring him. Sigh. I make up some feeble excuse and go accept his connection. Next thing I know, I’m getting an invitation from this guy for “International Hug a Jew Day,” followed by an onslaught of messages from everyone else in his address book in some kind of reply-to-all functionality. Now, I’m a Jew, and I don’t mind a hug now and then, but this crap, I could do without.
I mentioned this problem to a friend the other day who told me the problem was me. “You just have too many friends. I reject everyone who connects to me unless they’re a really, super close friend.” Ok, fine, I am a connector, but I don’t need a web site to help me stay connected to the 13 people I talk to on the phone or see in person. The beauty of social networks is to enable some level of communication with a much broader universe — including on some occasions people I don’t know at all. That communication, and the occasional serendipity that accompanies it, goes away if I keep my circle of friends narrow. In fact, I do discriminate at some level in terms of who I accept connections from. I don’t accept them from people I truly don’t know, which isn’t a small number. It’s amazing how many people try to connect to me who I have never met or maybe who picked up my business card somewhere.
The tools to handle this today are crude and only around the edges. I can ignore people or block them, but that means I never get to see what they’re up to (and vice versa). That eliminates the serendipity factor as well. Facebook has some functionality to let me “see more from some people and less from others” — but it’s hard to find, it’s unclear how it works, and it’s incredibly difficult to use. Sure, I can “never accept event invitations from this person,” or hide someone’s updates on home page, but those tools are clunky and reactive.
When are the folks at LinkedIn and Facebook going to solve this? Feels like tagging, basic behavioral analysis, and checkboxes at point of “friending” aren’t exactly bleeding edge technologies any more.
Solving Problems Together
Last week, I started a series of new posts about our core values (a new tag in the tag cloud for this series) at Return Path. Read the first one on Ownership here.
Another one of our core values is around problem solving, and ownership is intrinsically related. We believe that all employees are responsible for owning solutions, not just surfacing problems. The second core value I’ll write about in this series is written specifically as:
We solve problems together and always present problems with potential solutions or paths to solutions
In terms of how this value manifests itself in our daily existence, for one thing, I see people working across teams and departments regularly, at their own initiative, to solve problems here. It happens in a very natural way. Things don’t have to get escalated up and down management chains. People at all levels seem to be very focused on solving problems, not just pointing them out, and they have good instincts for where, when, and how they can help on critical (and non-critical) items.
Another example, again relative to other workplaces I’ve either been at or seen, is that people complain a lot less here. If they see something they don’t like, they do something about it, solve the problem themselves, or escalate quickly and professionally. The amount of finger pointing tends to be very low, and quite frankly, when fingers are pointed, they’re usually pointed inward to ask the question, “what could I have done differently?”
The danger of a highly collaborative culture like ours is teams getting stuck in consensus-seeking. Beware! The key is to balance collaboration on high value projects with authoritative leadership & direction.
A steady flow of problems are inherent in any business. I’m thankful that my colleagues are generally quite strong at solving them!
Return Path Core Values
At Return Path, we have a list of 13 core values that was carefully cultivated and written by a committee of the whole (literally, every employee was involved) about 3 years ago.
I love our values, and I think they serve us incredibly well — both for what they are, and for documenting them and discussing them publicly. So I’ve decided to publish a blog post about each one (not in order, and not to the exclusion of other blog posts) over the next few months. I’ll probably do one every other week through the end of the year. The first one will come in a few minutes.
To whet your appetite, here’s the full list of values:
- We believe that people come first
- We believe in doing the right thing
- We solve problems together and always present problems with potential solutions or paths to solutions
- We believe in keeping the commitments we make, and communicate obsessively when we can’t
- We don’t want you to be embarrassed if you make a mistake; communicate about them and learn from them
- We believe in being transparent and direct
- We challenge complacency, mediocrity, and decisions that don’t make sense
- We value execution and results, not effort on its own
- We are serious and passionate about our job and positive and light-hearted about our day
- We are obsessively kind to and respectful of each other
- We realize that people work to live, not live to work
- We are all owners in the business and think of our employment at the company as a two-way street
- We believe inboxes should only contain messages that are relevant, trusted, and safe
Do these sound like Motherhood and Apple Pie? Yes. Do I worry when I publish them like this that people will remind me that Enron’s number one value was Integrity? Totally. But am I proud of my company, and do I feel like we live these every day…and that that’s one of the things that gives us massive competitive advantage in life? Absolutely! In truth, some of these are more aspirational than others, but they’re written as strong action verbs, not with “we will try to” mushiness.
I will start a tag for my tag cloud today called Return Path core values. There won’t be much in it today, but there will be soon!
A Lighter, Yet Darker, Note
I’ve been meaning to post about this for some time now since my colleague Tami Forman introduced me to this company. It’s a riot.
You know all those well-intentioned, but slightly cheesy motivational posters you see in places like dentists’ offices? The kind that talk about “Perseverence” and “Commitment” and “Dare to Dream” and have some beautiful or unique, usually nature-centric image to go with them and their tag line?
For the sarcastic among us, you must visit Despair, Inc.’s web site, in particular any of the “Individual Designs” sections featured on the left side navigation. The posters are brilliant spoofs on the above, with such gems as “Agony” and “Strife” and “Despair” (whose tag line is “It’s always darkest just before it goes pitch black”). E.L. Kersten is one funny, albeit strange dude.
Worth a look, and everything is for sale there, too, in case you need to have these posted in a back room somewhere.
Book Short: The Anti-Level-5 Leader
The Five Temptations of a CEO, another short leadership fable in a series by Patrick Lencioni, wasn’t as meaningful to me as the last one I read, The Four Obsessions of an Extraordinary Executive (post, link), but it wasn’t bad and was also a quick read.
The book to me was the 30 minute version of all the Level-5 Leadership stuff that Collins wrote about in Good to Great and Built to Last. All that said, it was a good quick read and a reminder of what not to do. The temptations are things that most CEOs I’ve ever known (present company very much included) have at least succumbed to at one point or another in their career. That said, you as a CEO should quit or be fired if you have them in earnest, so hopefully if you do have them, you recognize it and have them in diminishing quantities with experience, and hopefully not all at once:
– The temptation to be concerned about his or her image above company results
– The temptation to want to be popular with his or her direct reports above holding them accountable for results
– The temptation to ensure that decisions are correct, even if that means not making a decision on limited information when one is needed
– The temptation to find harmony on one’s staff rather than have productive conflict, discussion, and debate
– The temptation to avoid vulnerability and trust in one’s staff
I’m still going to read the others in Lencioni’s series as well. They may not be the best business books ever written, but they’re solid B/B+s, and they’re short and simple, which few business books are and all should be!
Book Short: A Brand Extension That Works
Usually, brand or line extensions don’t work out well in the end. They dilute and confuse the brand. Companies with them tend to see their total market share shrink, while focused competitors flourish. As the authors of the seminal work from years ago, Positioning: The Battle for Your Mind, Jack Trout and Al Reis would be the first people to tell you this.
That said, The New Positioning, which I guess you could call a line extension by Jack Trout (without Reis), was a fantastic read. Not quite as good as the original, but well worth it. It’s actually not a new new book – I think it’s 12 years old as opposed to the original, which is now something like 25 years old, but I just read it and think it’s incredibly relevant to today’s world.
Building on the original work, Trout focuses more this time on Repositioning and Brand Extensions — two things critical to most businesses today. How to do the impossible, to change people’s minds about your brand or product mid-stream, whether in response to new competitive activity or general changes in the world around you. And how to think about brand extensions (hint: don’t do them, create a new brand like Levi’s did with Dockers).
The book also has a very valuable section on the importance of sound and words to branding and positioning, relative to imagery. Trout has a short but very colorful metaphor about women named Gertrude here that’s reminiscent of the research Malcolm Gladwell cited in Blink.
If you haven’t read the original Positioning, that should be on your wish list for the holidays. If you have, then maybe Santa can deliver The New Positioning!
Book Short: It Sounds Like it Should be About Monkeys, Doesn’t It?
The Long Tail, by Chris Anderson, is a must-read for anyone in the Internet publishing or marketing business. There’s been so much written about it in the blogosphere already that I feel a little lame and “me too” for adding my $0.02, but I finally had a chance to get to it last week, and it was fantastic.
The premise is that the collapsing production, distribution, and marketing costs of the Internet for certain types of products — mostly media at this point — have extended the traditional curve of available products and purchased products almost indefinitely so that it has, in statistical terms, a really long tail.
So, for example, where Wal-Mart might only be able to carry (I’m making these numbers up, don’t have the book in front of me) 1,000 different CDs at any given moment in time on the shelf, iTunes or Rhapsody can carry 1,000,000 different CDs online. And even though the numbers of units purchased are still greatest for the most popular items (the hits, the ones Wal-Mart stocks on shelf), the number of units purchased way down “in the tail of the curve,” say at the 750,000th most popular unit, are still meaningful — and when you add up all of the units purchased beyond the top 1,000 that Wal-Mart can carry, the revenue growth and diversity of consumer choice become *really* meaningful.
The book is chock full o’ interesting examples and stats and is reasonably short and easy to read, as Anderson is a journalist and writes in a very accessible style. You may or may not think it’s revolutionary based on how deep you are in Internet media, but it will at a minimum help you crystallize your thinking about it.
Book Short: What’s Your Meeting Routine?
Patrick Lencioni’s Death by Meeting is, as Brad advertised, a great read, and much in line with his other books (running list at the end of the post). His books are just like candy. If only all business books were this short and easy to read.
This fable isn’t quite what I thought it was going to be at the outset – it’s not about too many meetings, which is what I’ve always called “death by meeting.” It’s about staff meetings that bore you to death. With a great story around them featuring characters named Casey and Will (my two oldest kids’ names, which had me chuckling the whole time), Lencioni describes a great framework for splitting up your staff meetings into four different types of meetings: the daily stand-up, the weekly tactical, the monthly strategic, and the quarterly offsite.
There’s definitely something to the framework. We have over the years done all four types of meetings, though we never had all four in our rotation at once as that felt like overkill. But I think at a minimum, any 2 get the job done much better than a single format recurring meeting. As long as you figure out how to separate status updates from more strategic conversations, you’re directionally in good shape. We have almost entirely eliminated or automated status update meetings at this point at my staff level.
The book has some other good stuff in it, though, about the role of conflict in staff meetings, which I’ll save for your own read of the book!
So far the series includes:
- The Three Signs of a Miserable Job (post, link)
- The Five Temptations of a CEO (post, link
)
- The Four Obsessions of an Extraordinary Executive (post, link)
I have two more to go, which I’ll tackle in due course and am looking forward to.
How Much Marketing Is Too Much Marketing?
It seems like a busy holiday season is already underway for marketers, and hopefully for the economy, shoppers as well. Just for kicks, I thought I’d take a rough count of how many marketing messages I was exposed to in a given day. Here’s what the day looked like:
5:30 a.m. – alarm clock goes off with 1010 WINS news radio in the middle of an ad cycle – 2 ads total. Nice start to the day.
5:45-6:30 – in the gym, watching Today In New York News on NBC for 30 minutes, approximately 6 ad pods, 6 ads per pod – 36 ads total. So we’re at 38, and it’s still dark out.
7:00 – walk to subway and take train to work, then walk to office from subway. Probably see 6 outdoor ads of various kinds on either walk, then about 8 more on the subway within clear eyeshot – 20 ads total.
7:30 – quick scan of My Yahoo – 2 ads total.
7:32 – read Wall St. Journal online, 15 page views, 3 ads per page – 45 ads total.
7:40 – Catch up on RSS feeds and blogs, probably about 100 pages total, only 50% have ads – 50 ads total (plus another 25 during the rest of the day).
7:50 – Sift through email – even forgetting the spam and other crap I delete – 10 ads total (plus another 10 during the rest of the day).
8:00-noon – basically an ad free work zone, but some incidental online page views are generated in the course of work – 25 ads total, plus a ton of Google paid search ads along the way.
Noon-1 p.m. – walk out to get lunch and come back to office, so some outdoor ads along the path – 12 ads total.
1-7 p.m. – same work zone as before – 25 ads total, plus lots of Google.
7 p.m. – walk to Madison Square Garden to see the Knicks get clobbered by Milwaukee, see lots of outdoor ads along the way – 20 ads total.
7:30-9:30 – at the Garden for the Knicks game, bombarded by ads on the scoreboards, courtside, sponsorship announcements, etc. Approximately 100 ads total (and that’s probably being exceptionally generous).
9:30 – subway ride and walk home – 14 ads total.
10:00 – blitz through episodes of The Daily Show and West Wing in TiVo. 8 minutes of :30 advertising per half hour, or 48 ads total, fortunately can skip most of them with TiVo.
11:00 – flip through issue of The New Yorker before bed – 50 ads total.
Total: 492 ads.
I’m sure I missed some along the way, and to be fair, I am counting the ads I skipped with TiVo — but hey, I’m also not counting all the ads I saw on Google, so those two should wash each other out. On the other hand, if I drove to and from work in California, I’d have seen an extra 100 billboards, and if I read the New York Times print edition, I’d have seen an extra 100 print ads.
Approximate cost paid to reach me as a consumer today (assuming an average CPM of $10): just under $5. Sanity check on that — $5/day*200 million Americans who are “ad seers”*365 days is a $365 billion advertising industry, which is probably in the right ballpark.
What are the two ads I consciously acted on? An offer from LL Bean through email (I’m on their list) for a new fleece I’ve been meaning to get, and a click on one of the Google paid search results. No doubt, I subconsciously logged some good feelings or future purchase intentions for any number of the other ads. Or at least so hope all of the advertisers who tried to reach me.
What’s the message here? A very Seth Godin-like one. Nearly all of the marketing thrown at me during the day (Seth would call it interrupt marketing) — on the subway, at the Garden, on the sidebar of web pages — is just noise to me. The ones I paid attention to were the ones I WANTED to see: the email newsletter I signed up for from a merchant I know and love; and a relevant ad that came up when I did a search on Google.
Brand advertising certainly has a role in life, but permission and relevance rule the day for marketers. Always.
Book Short: Beyond 10,000 Hours
In Outliers: The Story of Success, by Malcolm Gladwell (post, buy), we are taught, among other things, that it takes 10,000 hours of practice to become an expert at something, as well as a dash of luck and timing, as opposed to huge amounts of innate and unique talent. In Talent is Overrated, by Geoff Colvin, this theory comes to life, with a very clear differentiating point – it’s not just logging the 10,000 hours, it’s HOW the hours are spent.
Colvin’s main point is that the hours need to be spent in what he calls “deliberate practice.” The elements of deliberate practice are best explained with his example of Jerry Rice, although you can apply these to any discipline:
- He spent very little time playing football (e.g., most of his practice was building specific skills, not playing the game)
- He designed his practice to work on specific needs
- While supported by others, he did much of the work on his own (e.g., it can be repeated a lot, and there are built-in feedback loops)
- It wasn’t fun
- He defied the conventional limits of age
If you’re the kind of person who cares deeply about your own performance, let alone the performance of people around you, it doesn’t take long to be completely riveted by Colvin’s points. They ring true, and his examples are great and cross a lot of disciplines (though not a ton about business in particular). I wasn’t 50% done with the book before I had made my list of three key things that I need to Deliberately Practice.
There are some other great aspects to the book as well — including a section on Making Organizations Innovative, from creating a culture of innovation to allowing people the freedom to think, to a section on where passion and drive come from, but hopefully this post conveys the gist of it all. Want to be a better CEO? Or a better anything? This is a good place to start the process.
Thanks to Greg Sands for sending me this excellent book. I’m going to work it into my rotation for Return Path anniversary presents.
Book Short: Are You Topgraded?
I read a decent volume of business books (some of my favorites and more recent ones are listed in the left hand column of the blog). I have two main pet peeves with business books as a rule: the first is is that most business books have one central idea and a few good case examples and take way too many pages to get where they’re going; the other is that far too many of them are geared towards middle and upper management of 5,000+ person companies and are either not applicable or need to be adapted for startups.
Anyway, I thought I’d occasionally post quick synopses of some good ones I’ve read recently. Topgrading, by Brad Smart was so good that this post will be longer than most. It’s a must read for anyone who’s doing a lot of hiring (fellow entrepreneur blogger Terry Gold is a fan, as well).
The book is all about how to build an organization of A players and only A players, and it presents a great interviewing methodology. It’s very long for a business book, but also very valuable. Buy a copy for anyone in your company who’s doing a lot of hiring, not just for yourself or for your HR person. I think the book falls down a little bit on startup adaptation, but it’s still worth a read.
There’s been much talk lately about “the importance of B players” in Harvard Business Review and other places. I share the Topgrading perspective, which is a little different (although more semantically different than philosophically different).
The Topgrading perspective is that you should always hire A players — the definition of which is “one of the top 10% of the available people in the talent pool, for the job you have defined today, at the comp range you have specified.” I absolutely buy into this. Don’t like what you’re seeing while screening candidates? Change one of the three variables (job definition, comp, or geography) and you’ll get there.
The corrolary to the A-player-only theory is that there are three types of A players — the author calls them A1, A2, and A3. A1’s are capable of and interested in rapidly rising to be leaders of the organization. A2s are promotable over time. A3s are not capable of or interested in promotion.
I think what the HBR article on B players is talking about is really what Topgrading calls A3 players. A3 players are absolutely essential to an organization, especially as it grows over time and develops more operational jobs that leverage the powerhouse A1s and A2s that make up such a big percentage of successful startups. You just have to recognize (perhaps with them) that A3 players may not be interested in career growth and promotion and not try to push them into more advanced roles that they may not be interested in or capable of doing well.
I’m a huge believer in having a healthy balance of A1s, A2s, and A3s, but I will always want to hire A players per the above definition. Why would you ever settle for less?