How are you preparing for the boom?
The cycle of boom and bust is part of the market system. Bust follows boom, boom follows bust. (It is inevitable, but the timing varies and that's the tricky bit.)
The cycle of boom and bust is part of the market system. Bust follows boom, boom follows bust. (It is inevitable, but the timing varies and that's the tricky bit.)
The world is moving ahead with breathtaking speed. Evolution. Innovation. Projects. Ideas. The difference between progress and status quo could very well be you.
Tags: innovation guide irony
It has always been useful inside organisations to refer to Wikipedia as a successful example of a self-policed open community with an ex-post moderation policy. The proposed change to the Wikipedia moderation model is akin to allowing 'trusted' editors to continue with the ex-post moderation model while imposing stricter control for people who are not signed in or just created their account. (How, and if, Wikipedia may implement flagged revisions is still being discussed.)
Tags: Wikipedia moderation trust
My Headshift colleague and friend Christoph Schmaltz is leaving London in the early morning to head for the United States while the election votes are still being counted.
Christoph will be opening the first North American Headshift office in New York City on 11 Nov 2008. From then on you can call him 'Chris'.
This adventure is the second time Christoph moves his work to Manhattan, having previously worked for the United Nations there.
I have had the pleasure to work with Christoph on a number of projects in London and I know he will bring a lot of insight and value to new and existing Headshift clients in New York.
You can contact Christoph via email christoph@headshift.com and follow him on twitter as @christoph.
New York's 311 non-emergency hotline service struck me as a brilliant idea when I first heard about it. Imagine that on your way to work you spot a bollard that has been knocked over. Who do you call? The cost to the individual of researching where to direct the information is high and expectations of the call being handled efficiently are probably low. 311 introduces a single hotline where reports like the bollard example can be logged right away and routed to the proper authority.
An obvious expansion of the service, given that phones with GPS and cameras are becoming more widespread, would be sending a geotagged photo of, say, a nasty pothole or a broken swing at a playground to a 311-style email address. Often no explanation would be required, the picture would reveal the nature of the problem being reported.
While waiting for that service to become available in London it was a delight to learn about FixMyStreet. The site allows you to describe a local problem, which once it is logged on the site will get forwarded to the appropriate authority.
Looking at what had been reported in our local area of London I found this report detailing a problem that I had noticed but never really considered doing anything about:
The mix of mobile phone cameras, geotagging, easy reporting via the web and many eyes roaming the streets is promising.
Tags: FixMyStreet 311 geotagging
Buzz and bandwagons usually lead to an oversaturation of a market before the bubble bursts and activity levels out at a sensible equilibrium. What happens when everything becomes a social network?
I have been getting frequent pings from Plaxo over the last six months or so, a service I stopped using a year or more ago. Looks like they are up to something new. Should I re-join before my invitations expire?
Tags: Plaxo social networks
Photo sharing service SmugMug received much attention when they published their business case for using Amazon's S3 storage service. The 2002 startup describes how the service saves them between half a million to a million USD per year.
At Headshift, we have made use of the S3 service too, most recently on a project where video is a part of the user experience.
But it is not just startups that benefit from Amazon's cloud computing services. Techcrunch asks who the biggest users of Amazon Web Services are and quotes an Amazon source who reveals that big companies make up a large proportion of the 60,000 customers.
In my view, the reason for large companies to use cloud computing is not just the potential cost advantage, it is the ability to do new and exciting stuff - such as introducing social software. Like many other FTSE100 companies, one of our client's IT operations are optimised for steady state stability. Provisioning a server for a project takes several months and costs tens of thousands of dollars. They now have a two day process to approve and set up a virtual server using a combination of Amazon's EC2 and S3 services, with user identity provision tied to existing systems.
Look to the cloud to help innovation along.
In December, I had a delightful conversation with the BBC's Peter Day and his producer Rosamund Jones at the Headshift office in front of a microphone. The In Business programme about social networking aired on Radio 4 this week.
The interview touched on a host of subjects, but featured in the programme are:
The programme also features Kara Swisher of All Things Digital, Peter Cunningham of Viadeo, Stephen Millard of Clearswift, Penny Davis of T-Mobile, Dan Black of Ernst & Young and LinkedIn founder Reid Hoffmann. You can download an mp3 of the half hour broadcast from the BBC website.
Tags: BBC social networks consumer-advertiser declarative commerce twitter Peter Day podcast radio mp3
There have been no recent R-word stats published that I have seen, but predictions that we are headed into a recession are becoming more frequent. No doubt that the prophecies of doom are true: after a boom follows a bust.
Timing the economy's cycle is difficult though, and so is predicting geographical distribution. As for sectors, here is a stab at how a Downturn 2.0 might be different from the previous one.

The technology sector took a tumble in March 2000 followed by the rest of the markets and at the same time the housing bubble was building.
Is the next growth recession going to be different? Consider the following shape:

Tags: economics recession technology property housing bubble downturn 2.0
"An iPod Touch and two MacBook Pro, please." During an errand to the Apple store to get MacBook Pros for new Headshift starters I gave in to the temptation to get an iPod Touch. When I first saw it last week, I knew I wanted one. I don't often listen to music on the go, but something that works better with podcasts than my small mp3 stick was welcome.
Something else I have been on the lookout for is wireless internet access in a small device, so the Touch turns out to be a 2-in-1 device for me and I expect that I will be using it without headphones half of the time.
But add a photo viewer, video viewing and an address book into the incredibly beautiful and sleek device and it just gets better. It seems to do what the iPhone does, except the phone and camera bits. For that matter, GPS, Bluetooth and a Geiger counter are also missing.
Amidst the fascination, there are also irritating limitations. I can buy music directly from the iTunes store from the Touch over wifi but if I want to download a podcast/videocast (such as TEDtalks) I have to do it via a proper computer and sync it across. The elegant interface makes photo zooming a blast but I can't work out how to rotate a photo and the software does not recognise the orientation setting in jpeg files. But the biggest question is why there is no access to install applications. I am itching to use it for instant messaging but perhaps because the Touch shares so much with the iPhone that the likes of Skype is kept away from the platform to protect mobile phone companies' revenue. Some of the limitations and quirks will probably be addressed with software updates (the first one has been released and it is 150 Mb) while others remain except if you hack the device.
Does this mean that I won't get the iPhone when it becomes available in the UK on 9 November? Possibly. No doubt that there is a 3G iPhone in the future, so the iPod Touch may just be able to tide me over until such a device becomes available. Well, if I can live without the Geiger counter, that is.
Tags: Apple iPod iPod Touch iPhone
With a newborn at home and a slew of interesting stuff going on at Headshift it is rare for me to have a chance to explore the social side of social software; in other words: events. This Friday it was MiniBar in London's East End and next week I plan to be at Wiki Wednesday hosted by What If.
MiniBar is set up by Christian Ahlert and a gang of volunteers. I have attended a couple of times before. The format allows for networking and features a few short presentations, typically by start-ups. This time we learned about:
MiniBar evenings are typically scheduled for the last Friday of the month, but Christian hinted that October may offer a mid-month special event.
Tags: MiniBar Christian Ahlert startup Spreadshirt Miomi Babyfy School of everything seedcamp baby
People who are running out of storage on Gmail can now pay Google for additional capacity. Annual fees range from $20 for 6 Gb to $500 for 250 Gb, offered as a selection of four capacity choices. Currently, Gmail offers 2.8 Gb storage with every free account and 10 Gb storage with every paid-for business account.
When you buy extra gigabytes the capacity applies to both Gmail and Picasa photo albums. Later on we should expect to see Google Docs & Spreadsheets included in the same storage scheme. As integration between Google's services gets better (e.g. opening a Gmail attachment in Google Docs), offering unified storage capacity across all services makes a lot of sense.
The market leader in storage, Amazon's S3, offers a more flexible service where you are only charged for storage actually used (at $0.15 per Gb per month) with no requirement to decide on capacity or plans up front. Amazon also charges for traffic although the cost is only significant when massive amounts of data is transfered.
I had previously (wrongly) predicted that consumer email would offer unlimited free storage. Google's move suggests that email is no longer seen as the competitive frontier it once was; instead the applications arena is where competition is rife. It also means that the company protects itself from the hassle of policing fair use agreements while getting a (probably insignificant) revenue stream out of their previously free services. Most importantly, for users of Google's services it means that the risk of running out of space has just become a lot less likely and so a potential barrier to adoption has been minimised.
Tags: Google email Gmail storage capacity Amazon S3 Googlemail Google Apps
Traditional access control or authorisation regimes allow you to set up rules so that content stored in a particular place can only be accessed by people with particular permissions. The approach has never quite met the requirements of professional services and other businesses and it is likely that the model will need radical rethinking to cope in a world where tags and other metadata, rather than folders, are used to navigate information.
In knowledge-based industries the value of sharing information is so immense that a 'for your eyes only' approach to authorisation impedes productivity and innovation. Requirements for confidentiality in professional services and other businesses is often linked to information barriers (aka Chinese walls).
Authorisation rules based on information barriers are very different from the traditional drive/folder/group permissions. We need access controls to deal with rules that can be expressed as 'content tagged with client A cannot be viewed by people tagged with client B'. The underlying exclusion principle and the dynamic nature of this kind of authorisation regime make it difficult to represent in permission schemes that follow the file structure paradigm.
The collaborative tools that are put to inspiring use on the open internet need authentication and authorisation in place before they can migrate to the enterprise. Or better still, they need to integrate with existing authentication and authorisation infrastructure. But what if the organisation's existing permissioning infrastructure does not reflect the way information barriers are put in place and content is profiled?
Tags: enterprise 2.0 permission information barrier professional services authorisation tagging compliance
With a few quotes about technology predictions to help get the audience in the right state of mind, Peter Day of the BBC and David Richards of The Stationers' Company opened this city livery company's summer forum.
The full title is The Worshipful Company of Stationers and Newspaper Makers; it dates back to 1403. The Stationers' Hall is a beautiful building near St Paul's Cathedral in central London. During a brief tour I learned about Caxton (who introduced the printing press to England) and it was explained to me that books would sometimes be burned in the courtyard (in previous centuries of course, alternating between books of protestant and catholic observation - depending on the persuasion of the regent).
This year's summer forum looked beyond the printed word representing a departure from earlier forums that rarely strayed far from the 'ink-on-paper' history. "It will never catch on" was chosen as the tongue-in-cheek title of the forum. With speakers from The Daily Telegraph, Orange and Apple, the discussion touched on the digital newsroom, mobile services based on IMS and podcasting in education.
I was asked to speak about the changes that use of the internet is bringing about and the implications for existing means of communication and sources of information. "It should all be done without slides or overheads, merely an eloquent and persuasive address", I was briefed. Presenting without using slides as a crutch was something I hadn't done before, but compared to being asked to share my thoughts on ideas barely a decade old with an organisation of 600 years' standing that part of the challenge faded in significance.
Using what I see as the main trends today (open, free, social, simple, mobile) I described how technology and an ever more connected world is leading to decreasing barriers to entry and increasing choice. Those tools that prove themselves on the open internet get adopted by organisations allowing them to tap into the benefits brought about by decreasing transaction costs; not just cost of mechanical or financial transactions but complex ones involving people connected to each other in formal and informal social networks. The cost of experimenting with technology is also coming down and as such it is easier to test if something is likely to ever catch on.
The Reboot conference in Copenhagen last week managed to create a relaxed atmosphere for connecting and reconnecting with great and curious minds from around the world.
I have published notes from the sessions I attended in mind map format on flickr, but I am also making the mind map files available for download (available under a Creative Commons Attribution/Share-Alike license). The notes are in Mind Manager format, they work with MindJet's software and can be imported into the online MindMeister service.
To download, right-click on the links and select save:
Microblogging - Jyri Engeström
Social anything - Ross Mayfield
A town called Kozarac.ba - Lee Bryant
Flow - Stowe Boyd
Trusted space - Robert Paterson
Prediction Markets - Jesper Krogstrup
Travel and serendipity - Matt Jones
Contradictions of a sharing economy - Michel Bauwens
New interaction rituals - Julian Bleecker
Reboot9 opening - Thomas Madsen-Mygdal and Tor Nørretranders
One session that I was sad to partiallly miss (a client voice conference got in the way) was Matt Webb's Products are people too, but it is a great help that Matt has posted the presentation online.
Tags: Reboot Reboot9 Reboot9.0 mind map MindManager MindMeister Creative Commons
Twelve years ago, on a trip to San Francisco, two friends of mine passed by a one-hour photo shop and stopped to marvel at the photo printer in the window. The printer was spitting out freshly printed photos in plain view and that is how Rodney recognised his uncle in a series of photos, posing in front of famous San Francisco landmarks. Rodney did not know that his uncle was in San Francisco but after the discovery they managed to meet up. Small world.
What is the probability of somebody you know being in the same city as you at the same time? What is the Bayesian of finding out about it or actually meeting up?
The familiar anecdotes about the world being small are about to go out of fashion if a new fusion of social networks and the geographic web takes of.
Dopplr is a web based tool that allows you to publish your travel plans to people you trust. Log in, and the main page will show you who will be at any of the future destinations you are planning to travel to.
For years, Plazes has enabled you to find out who is close to your current position. In the new version launched this week, you can also input your future travel plans and see friends' future locations.
Whether boosting serendipity or just lending a helping hand with the logistics of a meeting, services like this would come in handy both for social purposes and business (of course, business is a social activity too).
The same way sharing a physical location ties people together, assisted serendipity makes sense in other dimensions as well. Adoption of social tools within organisations would, say, help a team in Finland find the people in China with an idea that solves a problem they are grappling with, and identify the influencer in Turkey who will sponsor the project to apply the idea. Without any of them ever having heard of the others before. Big companies like a smaller world too.
Visualisation of data is the first step towards interaction with that data. In this case 'visualisation' needs to be understood in a broad sense, e.g. voice response telephone banking represents a way of making your account balance and transactions options understandable.
With ubiquitous web delivery to computer screens, 2D A4 type visualisation is well honed both from a design and functionality perspective. The Digg Swarm and Google's Gap Minder are inspiring examples.
The recent hype surrounding 3D virtual worlds has moved a number of companies to invest in virtual real estates. Most of them big consumer brands who want to be seen as brand innovators but also a handful of banks with other financial institutions talking about it.
There is a spot in virtual world Second Life where some of Amazon's book catalogue can be browsed in 3D. The problem with such an approach is lack of interface value. Everybody is familiar with the book format so buying decisions are influenced by information about books and recommendations, not an experience served in 3D. Banks setting up 'branches' in virtual worlds will soon learn that 3D graphics offer next to no advantage in interacting with customers. What customers really want is to access their bank accounts securely from their mobile phones, not from a virtual cash machine.
Tags: Second Life banking consumer banking mobile banking 3D interface 2D A4
In the span of a few days, Forrester and The Economist Intelligence Unit released quantitative reports based on surveys of social technology adoption. The EIU report, sponsored by Fast, a search engine company, is available for free if you register on the Fast website. The Forrester report can be purchased online ($279 - I have yet to purchase a copy, this article is based on extracts).
Forrester looks at consumer interaction in the age of the read/write web. Who are active participants (creators), who reads and comments (critics) and who lurks (spectators) - six categories in all. EIU interviewed managers in large companies about their experiences and expectations of social software.
A question I get asked frequently about social software is "How can we use it to save money?". While there are some specific business cases for cost reduction I have always felt that collaboration primarily fosters empowerment, innovation and the potential for better quality service; the EIU survey supports this notion with figures stating that 30% of executives expect social software to offer cost savings, nearly 80% see the potential for increased revenue or higher margins.
Mashing up some of the quotes from the EIU survey, it confirms what early adopters have known for some time, namely that social tehnologies "have significant implications for big business" and that "the world's multinationals [have begun] to see many web 2.0 technologies as corporate tools" not just "frivolous" innovation amongst "enthusiasts, especially the young".
Scott Vine extracts key figures and quotes from the EIU report while Charlene Li and Ross Mayfield share their thoughts about the Forrester survey. Although the Forrester survey uses a different classification, it provides a quantitative view of Ross's widely quoted power law of participation.
Tags: web 2.0 social software research Forrester The Economist Intelligence Unit EIU cost+saving power law of participation
change, not just change management with a status quo bias
the end of documents as we know them
asymmetric yet connected
sharing by default instead of walled gardens
information as an asset that increases in value when you connect it to other information
business processes that become people processes that become value processes
thoughts that happen incrementally, accelerated by people and algorithms
simple software as a tool, intuition leading the way
ideas and markets for ideas, internal and external
what do you want to improve today?
... having worked with Headshift on projects since last year, I formally joined the team of talented social software consultants this week. I look forward to working on great projects for great clients.
Last month, I wrote about how companies without intranets are adopting wiki platforms. This week, I met with a client who wants to replace their existing intranet with a wiki. There are many reasons to make that decision, but two stand out:
The importance to the client of human voice reminded me of The Cluetrain Manifesto where I dug up a quote that sums up the intranet discussion nicely:
"The intranet revolution is bottom-up. There's no going back. If a company doesn't recognize this, the top-down intranet it puts in can breed the type of cynicism that results in ugly bathroom graffiti and mysterious golfing cart accidents."
What the authors saw years ago is starting to happen (the intranet bit, not the golf cart accidents).
Tags: intranet wiki human voice The Cluetrain Manifesto golf cart accidents