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September 27, 2006

Six Degrees of David Allen

Filed under: Personal Development — Tom Ehrenfeld @ 11:09 am
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As someone whos long believed that David Allen represents this generations
Stephen Covey/Dale Carnegie/(name-your-favorite-business-coach), it came as
little surprise to me that two of the most promising forthcoming business
titles have passages about his influence.

A Perfect Mess: The Hidden Benefits of Disorder, which is somewhat of a
cross between Blink and Getting Things Done (with a touch of Im
Dysfunctional, Youre Dysfunctional thrown in), makes a provocative argument
about the drawbacks of the productivity gurus hyper-popular system. This
book, written by David Freedman (full disclosureI have worked with Dave and
confess to calling him a friend) and Eric Abrahamson, is my favorite of all
the galleys in my office. We will do more on its great, provocative,
counter-intuitive, and really enjoyable argument about the benefits of mess
and the costs of organization, over the next few months.

And then we have Dreaming in Code: Two Dozen Programmers, Three Years, 4,732
Bugs, and One Quest for Transcendent Software
, by Scott Rosenberg, which
will be on sale later this year. Like many ambitious business non-fiction
books of the past ten years, the book is hyped as A Soul of A New Machine
for this age. Unlike most of the other books, this one might make good on
the promise. This books David Allen tie occurs during a passage where the
author describes how principles of personal organization systems can be
embedded in, or simply inform the design of, Personal Information Managers.
This book looks very promisingmore in coming months.

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September 25, 2006

Business Chick Lit

Filed under: Lists — Kate @ 2:06 pm
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Whenever Jack and Todd come across a business chick lit, it always lands on my desk. I’m finding there’s more to chick lit than romance stories. Here are two currently on my desk:

  • Am-Bitch-Ous (due out this December) what ambition means: “But ambition is not a dirty word. Ambition is a virtue. Ambition is the best of who you are.”
  • Climbing the Corporate Ladder in Stilettos on moving up while staying true to yourself.

Another book: The Power of Nice. While not necessarily women-oriented, it was mentioned in Cosmo (or other similar magazine) as a read for aspiring business women.

Last but not least is chick lit from recent years:

  • Nice Girls Don’t Get the Corner Office
  • The Girl’s Guide to Being a Boss (Without Being a Bitch)

The common themes are interesting. What other chick-lit have you read?

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Marketing and Sales for Big Complex Selling (Three of Three)

Filed under: Audio — Todd Sattersten @ 9:41 am
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Here is the final installment to our podcast series on marketing and selling to big companies. We again have Jill Konrath and Brian Carroll talking about the topic. What we try to spend time on in this call is “space” shared between marketing and sales. Brian leads the call with the stat – “80% of leads sent from marketing to the sales organization are lost, ignored, or discarded.” You can see why this is a good topic to explore.

mp3, 35:56, 24.68MB

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September 22, 2006

Wall Street Journal Online Is Free Today

Filed under: General Business — Todd Sattersten @ 12:56 pm
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Phillips is sponsoring The Wall Street Journal Online today.

Enjoy!

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Patagonia on increased transportation costs

Filed under: Global Business — Kate @ 12:28 pm
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At Patagonia we have started to prepare for what we think will become a more locally based economy. The global economy based on cheap transportation is unsustainable. Our present mode of production includes buying organic cotton in Turkey, shipping the bales to Thailand to be processed into fabric, shipping the fabric to Texas to be cut and then to Mexico to be sewn and then onto our warehouse in Reno and then to our stores and dealers and finally to our customers’ homes. Shipping costs may soon start to outstrip the cost of material and labor. We must begin to find a way to produce our goods locally.
by Yvon Chouinard


…what else they’re doing…

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Preface to Let My People Go Surfing — 2006 edition

Filed under: Misc. — 800-CEO-READ @ 12:22 pm
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Preface to 2006 Edition LET MY PEOPLE GO SURFING

Since the publication of this book in October 2005, a lot has happened in the world and at Patagonia, Inc. The general public is becoming increasingly aware that our planet is getting warmer through our own doing. And yet — despite the plethora of books, articles, films and even military men saying that global warming is the single biggest threat to the security of mankind — governments, businesses and you and me continue to refuse to take meaningful steps to reverse the problem.

A dozen books have come out about oil, all pretty much saying the same thing: the end of the petroleum era will come sooner than later and we should prepare for a lifestyle that will be far different than what we have been enjoying for the last 150 years. Economic and social chaos is predicted as the price of oil skyrockets (it’s doubled in a year and spiking higher as I write). The bad news is we have the super-polluting nuclear and coal industries to fall back on.

At Patagonia we have started to prepare for what we think will become a more locally based economy. The global economy based on cheap transportation is unsustainable. Our present mode of production includes buying organic cotton in Turkey, shipping the bales to Thailand to be processed into fabric, shipping the fabric to Texas to be cut and then to Mexico to be sewn and then onto our warehouse in Reno and then to our stores and dealers and finally to our customers’ homes. Shipping costs may soon start to outstrip
the cost of material and labor. We must begin to find a way to produce our goods locally.

To make clothing using synthetic fibers or even organic natural fibers still uses a huge amount of petroleum and other forms of energy. We must get away from the notion of consuming non-renewable resources and making disposable garments. As it has become normal to recycle aluminum cans, paper and steel, so should we start making all our clothing from recycled and recyclable fibers.

In recent years we’ve worked with Japanese mills on the development of high-performance fabrics that also significantly reduce environmental harm. One of the most exciting programs in our history, the Common Threads Recycling Program, is underway now, with the help of our partner Teijin Fibers Limited and its Eco Circle program. We seek to close the manufacturing and consumption loop in the way that the modern aluminum industry works. We’ll collect from our customers their worn-out polyester garments and send
them back to Teijin for recycling into new polyester fiber. We did a lot of research to ensure that we still reduce our overall energy impact after transporting garments from the U.S. back to Teijin. With the extra shipping, the program still yields energy savings of 76 percent and a reduction in greenhouse-gas (CO2) emissions of 71 percent, compared to the creation of polyester fiber from new, petroleum-based raw material. Our next step is to work with Toray Industries, also in Japan, on the development of recycled
and recyclable nylon 6 and with U.S. companies to recycle cotton.

At Patagonia, we’re taking some steps to insure that we don’t become, like the U.S. auto industry, victims of our own ignorance, greed and inaction. We know we have to act now if we want to be in business one hundred years from now.

On a hopeful note, as I went about last year on a book tour of the U.S., I was surprised to see how many students are taking courses in environmental studies. These young people are not only aware of the planet’s problems but, unlike their parents, they are also committed to doing something about it. In fact, in the past two years our human resources department has been inundated with applications from young people who do all the non-motorized sports we feature in our catalog, who volunteer for their local conservation
organization, and who have an MBA.

Universities that a couple of years ago didn’t even do recycling or bother to use recycled paper are now starting to see the need to lead by example, to build energy-efficient green buildings and to require classes in ethics and the environment in their MBA programs. More companies are starting to see that making a profit and being socially and environmentally responsible are not mutually exclusive.

Lastly, the 1% for the Planet alliance of businesses that we helped establish in 2001 now has well over 300 members all donating 1% of their sales to environmental groups. And so the revolution begins!

———

Excerpted from Let My People Go Surfing by Yvon Chouinard, Penguin 2006.

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Exceptional Selling by Jeff Thull

Filed under: Misc. — 800-CEO-READ @ 11:00 am
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Jeff Thull’s latest recently came out. This excerpt comes from the preface of Exceptional Selling. Read on as Jeff introduces you to the highlights of his book.

——

Excerpt From: The Preface of Exceptional Selling: How the Best Connect and Win in High Stakes Sales

In today’s world, I continually seek out and study high-performing salespeople, the best of the best. They think differently, behave differently, and produce exceptional results. I have been defining the skills of high performing sales professionals, providing research, and most importantly, establishing systems, skills, and disciplines into a methodology that can be replicated to produce very profitable results.

Considering the thousands of people whom our practice has worked with over the years, I have also encountered a lot of struggling salespeople. Over and over again, I’ve watched them engage in conversations with their customers in which they unknowingly shoot themselves in the foot and undermine their own best efforts. They’re so ingrained in their traditional and standardized approach that they have difficulty stopping to think about what they’re doing to themselves.

Even today, with so much experience around us, the marketplace is cluttered with seminars, consultants, trainers, and books espousing antiquated approaches to selling. Many salespeople, unknowingly caught up in the conventional sales approach, continue their self-sabotage and end up alienating and shutting down customers. But by replicating the top-performing professionals you read about in this book, there are new, exceptional ways to sell that can set you apart and pull you ahead of the pack. And those of you who have been very successful and are looking to notch up your skills to continually compete effectively in an ever evolving market will see that fine-tuning some areas of your approach can make a major impact on your results.

In this book, you will also be warned about the pitfalls that can get us into trouble. Have you ever heard yourself say to a customer, “You’ve probably never thought of this, but . . .” or “We save companies like yours millions of dollars in wasted . . .” Both of these statements could very well be true, but they create what I refer to as “dangling insults.”

They imply that the customer doesn’t think and wastes millions of dollars. While you believe you are enlightening your customers, they may be hearing a criticism. You can tell when customers and best-qualified prospects hear these dangling insults: They lean back, cross their arms, and shut down. The salesperson can keep talking, but the conversation is over.

Sales conversations are rife with traps like these. This book exposes those traps and offers logical and proven alternatives that enhance the clarity, relevancy, credibility, and trust we are trying to create in our conversations with customers.

In the chapters that follow, we drill down into the core of exceptional selling practices and expose three root causes of failure that can prevent us from succeeding: confrontation, comprehension, and compliance.

You will see how ingrained reactions and traditional selling strategies and techniques combine to create an atmosphere of confrontation between salespeople and their customers.

You will find it incredible how preprogrammed behaviors and reactions often get us into trouble. As an example, as salespeople, we’ve been indoctrinated to believe that if we can secure an appointment with the right people and put forth our best presentation, we can turn most opportunities into sales, that objections are meant to be overcome, and that with the proper grit and persistence, we should be able to close any account. However, the more we wrestle with indecisive customers, aggressive competitors, drawn out sales cycles, and unpredictable outcomes, the more dependent we become on these unquestioned behaviors. The reality that we are ignoring, however, is that our conditioning, along with traditional selling lore, promotes an adversarial style of communication that only exacerbates our problems and causes us to work harder and with less successful outcomes.

In this book, we will look at specific examples of how salespeople consistently overestimate the customer’s comprehension of the problem to be solved, the solutions we propose, and above all, the customer’s readiness to make decisions. Think about how the complexity of our products and services has escalated, how the customer’s workload has increased, how their staff and technical evaluation resources have decreased, and how the pressure to perform has increased. This harsh reality becomes even more problematic.

As complexity increases, customers require more outside expertise to make high-quality decisions, but for the most part, our customers understand less and less of what we tell them. And what are we doing in response? We are trained and encouraged to present relentlessly, to work hard to convince, to persuade, and above all, to be persistent. We lecture our customers about solutions that they don’t comprehend, can’t differentiate, and really aren’t sure they need. Then, we wonder why they buy a sub optimal solution or, as happens too often, don’t buy any solution at all, not from you or your competitor.

Finally, in this book you will see how communication can fail when customers place pressure on salespeople with their buying processes in an attempt to control the sales process themselves. If our customers don’t have a complete comprehension of their problems and our solutions, compliance with their process has a high probability of sub optimal results. Yet, when prospects send us requests for proposals (RFPs), invitation to tender bids (ITBs), or requests for information (RFIs), and invite us to reply, there is this irresistible tendency to jump. Granted, the customer may have made considerable efforts in preparing the request, yet we have no idea whether this is a viable opportunity for the customer or our company, yet we willingly contribute limited time and resources.

The goal is exceptional selling systems, skills, and disciplines to manage exceptional conversations for exceptional results for both you and your customers. You may have the world’s greatest solution, but if you can’t communicate with relevancy, build credibility and respect, and build clarity for your customers, your potential will be severely constrained.

————————

Excerpted with permission of the publisher John Wiley & Sons, Inc. from Exceptional Selling. Copyright (c) 2006 by Jeff Thull, CEO and President of Prime Resource Group.

About Jeff Thull

Jeff Thull is a leading-edge strategist and valued advisor for executive teams of major companies worldwide. As President and CEO of Prime Resource Group, he has designed and implemented business transformation and professional development programs for companies like Shell Global Solutions, Siemens, 3M, Microsoft, Intel, Citicorp, IBM and Georgia-Pacific, as well as many fast track, start-up companies. He has gained the reputation for being a thought leader in the arena
of sales and marketing strategies for companies involved in complex sales.

Jeff is a compelling, entertaining and thought-provoking keynote speaker with a track record of over 2,500 speeches and seminars delivered to corporations and professional associations worldwide. Jeff Thull’s work is published in hundreds of business and trade publications. He is also the author of the best selling books Mastering the Complex Sale: How to Compete and Win When the Stakes are High, and The
Prime Solution: Close the Value Gap, Increase Margins, and Win the Complex Sale
. Jeff’s new book, Exceptional Selling: How the Best Connect and Win in High Stakes Sales is released September 2006.

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September 20, 2006

Place your vote.

Filed under: Current Events — Kate @ 10:33 am
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The finalists for the annual Quill Book Awards have been announced. Place your vote before the end of September. Your business book choices:

  • Bait and Switch: The (Futile) Pursuit of the American Dream by Barbara Ehrenreich
  • The Girl’s Guide to Being a Boss (Without Being a Bitch) by Caitlin Friedman and Kimberly Yorio
  • Good to Great and the Social Sectors: Why Business Thinking Is Not the Answer by Jim Collins
  • The Number: A Completely Different Way to Think About the Rest of Your Life by Lee Eisenberg
  • The Wal-Mart Effect: How the World’s Most Powerful Company Really Works – and How It’s Transforming the American Economy by Charles Fishman

Congrats to the finalists!

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September 19, 2006

Become a whole-minded org

Filed under: General Management — Kate @ 1:25 pm
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For years there has been the “creative types” and everyone else. Accounting people were grouped in the “everyone else” while marketing was deemed to be creative.

More and more companies are looking for people of both minds; people who, to quote Dan Pink, A Whole New Mind.

Here’s Dan’s advice to companies seeking a convergence of the creatives and everyone else:

  1. Recognize where the value is, and that utility is abundant and signifcance scarce. They gotta get the utility right, but all of them are ultimately in the significance business.
  2. [Offer] people the chance to solve cool problems and work with cool people, giving them autonomy and letting them follow their intrinsic motivation without some manager breathing down their neck.

From Ad Age, the 9.11.06 issue.

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September 18, 2006

THE 2006 FINANCIAL TIMES AND GOLDMAN SACHS BOOK AWARD

Filed under: Jack Covert Selects,Lists — Jack @ 6:03 pm
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The shortlist for the 2006 FT/Goldman Sachs book award has been announced. Here are the award criteria:

THE MISSION

“To identify the book that provides the most compelling and enjoyable insight into modern business issues, including management, finance and economics.”

What I personally like about the mission statement is the use of the word enjoyable That term is missing from far too many business books.

Here is the list in random order:

The Long Tail by Chris Anderson published by Hyperion

Review of The Long Tail by Steve Sherlock
David Thomson’s Review of The Long Tail
Jack Covert Selects: The Long Tail
Catherine Doyle’s Review of The Long Tail
BEA – Chris Anderson and The Long Tail
The Long Tail Videos
Kawasaki on The Long Tail

Small Giants by Bo Burlingham published by Portfolio

Bill and Bo on Small Giants
Podcast from Bo Burlingham
The Small Giants Ofiicial Book Site

The Wal-Mart Effect by Charles Fishman published by Penguin Press

A collection of various posts
Charles Fishman/The Wal-Mart Effect Interview
Where the book started in Fast Company December 2003
Fishman and a Washington Post write walk around Wal-Mart
January 2006 story adapted from the book called “The Man Who Said No to Wal-Mart”

China Shakes the World by James Kynge published by Houghton Mifflin

Review from Challenge Forum
A review from the last British governor of Hong Kong

The Box by Marc Levinson published by Princeton University Press

Jack Covert Selects — The Box
The Economist review

What I have done is put all the content we have posted about these books so you can have all the information in one place.
This is a superb list of very readable, extremely well written books that could change your outlook of the world. Read them.

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