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Current Topic: Business

The Hidden Power of Social Networks
Topic: Business 5:57 pm EDT, Jun 19, 2004

"Understanding How Work Really Gets Done in Organizations"

The Hidden Power of Social Networks offers the most comprehensive application of social network analysis—a technique that reveals who is connected to whom in large, distributed groups—to the work of managers and leaders.

Promote vibrant employee networks by:

* Bridging strategically important disconnects between departments or organizations
* Improving a network's ability to sense and respond to opportunities
* Aligning the organizational context to energize and support networks
* Identifying overburdened employees and redistributing workloads
* Eliminating information bottlenecks
* Recognizing and supporting key "connectors"
* Pulling in peripheral people who represent untapped expertise

The Hidden Power of Social Networks


Encourage Employee Socializing
Topic: Business 5:54 pm EDT, Jun 19, 2004

It's The Tipping Point meets The Office.

A forthcoming book on companies' social networks points out that collaboration has a cost, in the form of ever-more meetings and e-mails that serve to bog down employees rather than unleash them.

Instead of indiscriminately pursuing greater communication, managers would do well to figure out how to optimize the flow of information among their employees.

Central Connectors, Boundary Spanners, Information Brokers, Peripheral People.

Encourage Employee Socializing


No Airline Bailouts
Topic: Business 9:31 am EDT, Jun 17, 2004

As part of its overall strategy to emerge from bankruptcy court and restructure the company, United Airlines is hoping to get $1.6 billion in federal loan guarantees. This plan should be thwarted. United is not entitled to a form of taxpayer support that was meant to stabilize the airline industry in the aftermath of the Sept. 11, 2001, attacks. United's woes nowadays have little to do with that tragedy.

The fact that all of the old major airlines have lost money since the attacks is due to the economic slowdown, their loss of pricing power because of the Internet and competition from new low-fare carriers. ... Some of United's major competitors have been more adept at reinventing themselves ... It would be unfair for them to have to compete now with a partly subsidized airline. ...

As for the viability of the overall aviation system, there is no need for the government to be worried. And United, the nation's second-largest airline, has 16 percent of the market and tremendous assets. If it cannot deploy those assets profitably, someone else will.

... meanwhile, NYT argues for a market oriented approach to the airline industry.

To me, this is a contradiction.

No Airline Bailouts


Perk Hogs
Topic: Business 12:19 am EDT, Jun 15, 2004

The problem is not the cost of the perks themselves; it's what they are symptomatic of.

Why do perks endure? In part, it’s because, despite all the conferences and manifestos and reorganization charts, plenty of American businesses are still run as they were in the fifties.

Here, here!

Perk Hogs


Commercials in Flux
Topic: Business 9:35 am EDT, Jun  1, 2004

As buyers grumble about paying more for shrinking, distracted audiences, a big piece of American commercial culture seems endangered. In the age of the remote control, of HBO and endless cable choices, and of TiVo, the marriage of mass entertainment to "a word from our sponsor," appears to be in trouble.

Commercials aren't really interruptions to our entertainment but a major component of our common culture. As Madge the manicurist would say, we're soaking in it.

Even the dumbest commercials insinuated themselves deep into people's psyches.

Television commercials won't disappear, but young people will use them differently.

MemeStreams is in the ad delivery business.

Commercials in Flux


Spring Cleaning
Topic: Business 9:12 pm EDT, May 31, 2004

The board at Shell knew it needed to do something, and fast.

A shocking revelation in January -- that the world's third largest oil company had overstated its proven petroleum reserves by 20% -- was pummeling its stock price and angering shareholders. Regulators on two continents had started investigations.

So in early March the board acted, ousting Philip Watts, who had been managing director of the Anglo-Dutch company for almost seven years and chairman since 2001, and replacing him with Jeroen van der Veer, president of Shell's Dutch sister company, Royal Dutch Petroleum.

A quick cure for all those headaches?

Hardly.

... and so the company was forced to ask itself an unpleasant question: How many times can you fire your CEO in a year?

The brash, swashbuckling style of fallen supermen like Messier -- who referred to himself as a "master of the world" and published two autobiographies, has been consigned to history, for now.

Spring Cleaning


GE Could Be In for a Shaky Ride
Topic: Business 9:07 pm EDT, May 31, 2004

Now that General Electric owns five theme parks, what's it going to do with them?

GE spent $14 billion to buy Vivendi Universal's armory of entertainment properties. Universal's theme park division and its 15,000-plus employees around the world came along for the ride, which won't be smooth.

"What are you guys running, a 501(c)(3)?", asked Bob Wright, NBC Universal chief executive and GE vice chairman, at a "town hall" meeting with Universal employees this month.

GE Could Be In for a Shaky Ride


Like Water for Profit
Topic: Business 8:04 pm EDT, May 31, 2004

Many Ghanaians can no longer afford the cost of clean drinking water, and according to the country's Ministry of Health 70% of all disease in the country is water related.

"The World Bank policy is aimed at creating markets for multinational corporations dealing water, and those corporations are not charities, they are in it for the profit."

"We must establish networks of communities in defence of the right to water. These networks must share information about these companies, because they are the same companies."

Multinational corporations, such as Bechtel, Vivendi, Saur, Suez Lyonnaise of France and the UK's Biwater, "have realized that the gold of today is water, and because the availability of fresh water is reducing due to climate change and other environmental problems, the value of water is increasing.

Whoever controls the water in the future will control the wealth.

Whoever controls the world's water is controlling the world's life."

Like Water for Profit


Relationship of oil, stocks leads to ugly truths
Topic: Business 7:53 pm EDT, May 31, 2004

Sell telecom, buy energy.

Barrels, not bits.

Bits are worthless. Go for scarce. Go for oil and water.

Vivendi was right to sell media holdings; it should sell more of them. Shareholders should stick with the water company.

The question is whether $40 a barrel oil is or isn't a transitory peak. My view is that it's the new reality. The era of cheap oil is over.

Ugly Reality No. 1. We love unlimited energy, but we don't want to do anything to get it.

Ugly Reality No. 2. The Middle East remains the largest pool of oil reserves in the world. That's bad news.

Ugly Reality No. 3. There are disturbing signs that Hubbert's Peak is arriving as predicted.

Relationship of oil, stocks leads to ugly truths


The Other Side of Outsourcing
Topic: Business 1:49 pm EDT, May 29, 2004

A documentary with Thomas Friedman about the outsourcing of jobs to India. The program premieres Thursday, June 3, at 10 p.m. ET on the Discovery Channel.

(The program is rebroadcast on Friday, June 4, at 1 a.m. ET on the Discovery Channel and on Monday, June 7, at 9 p.m. ET on the Discovery Times Channel.)

The Other Side of Outsourcing


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