My brother is in the newspaper business. That's right, the business that is slowly losing readership and paid subscribers because of the rise of the internet and free online news sources. He's seen the closure of newspapers across the country, the many layoffs that have happened in the industry, and understands that this is not a great time to be in the business... Or is it?
By trade he is a writer and page designer - two positions that are being cut quite often as the newspaper business shifts online. But while those are his main roles, he's also carved out a nice niche where he is a blogger about the business of sports, and is the host of their newly created podcast detailing their biggest stories of the week.
In other words, he is not being hamstrung by the title that he has, but rather is utilizing his skills to build himself a role as the landscape of print shifts online. He has been able to understand that the newspaper business is about content, and while the content might not be delivered in print for much longer, it is still valuable in some form.
I guess the whole point of this post is that even in associations, some things that we currently do might not continue to work the same way they have in the past. As staffers and executives, we need to think ahead as to how the landscape might shift, and then as individuals figure out how we can have a hand in making the shift seamless to ensure long-term job security.
Showing posts with label innovation. Show all posts
Showing posts with label innovation. Show all posts
March 2, 2010
February 2, 2009
Good to Great?
So I was having a conversation with blogging buddy Ben Martin and ASAE Volunteer Relations Manager "DJ" Johnson on a recent trip to DC for an ASAE meeting, and we began discussing Circuit City and its demise. (Ben works out of Richmond where Circuit City is/was based.) He pointed out that they were actually a Good to Great company in Jim Collins' book, which took me a little off guard.
Circuit City was slow to innovate and even slower to see that its competitors were beating its brains out by doing things more simply - having the merchandise on the shelves instead of in the back... You could walk up, pick up a DVD player, walk to the register and check out at Best Buy, while at Circuit City you would have to take a ticket, have an employee go to the back to find it, bring it back to you, and THEN you could check out. It was the convergence of convenience and simplicity, something that Circuit City FINALLY got, but it was too late.
So, I was thinking about that conversation, and about how we in associations should look at Circuit City's demise... Below are a couple thoughts I had:
Be Vigilant - If our associations are vigilant and see what we're up against in terms of competitors to our markets, we have a good chance of not meeting the same fate as Circuit City. However, being vigilant is not only about watching what our competitors are doing. It's also about knowing what our members are looking for, and figuring out how we can provide it simply and effectively.
Be Agile - Our associations need to be agile, which means that we need to be willing and able to change course if in our vigilance, we determine it's necessary. Agility is something that is not easy to master, especially with clunky strategic plans that are often five years or longer in length, but it is really a necessity.
Innovate Regularly - A failure to innovate is a failure to be great. The Circuit City situation is a bit of a cautionary tale of a once-great company failing to innovate and in the end failing to provide the value to its customers. It can also be a learning experience in that if we aren't innovating, we're essentially losing ground to our competitors.
Be Great - If your association is providing value, innovating in the right ways, developing new revenue streams while bringing in new members, all while being willing to change if you're not doing these things effectively, you're on the right track to being great.
I'm now off to the nearest Circuit City to buy up some of that inventory that they're selling at bottom basement prices... I hope your members will never do the same with your association's stuff.
Be Vigilant - If our associations are vigilant and see what we're up against in terms of competitors to our markets, we have a good chance of not meeting the same fate as Circuit City. However, being vigilant is not only about watching what our competitors are doing. It's also about knowing what our members are looking for, and figuring out how we can provide it simply and effectively.
Be Agile - Our associations need to be agile, which means that we need to be willing and able to change course if in our vigilance, we determine it's necessary. Agility is something that is not easy to master, especially with clunky strategic plans that are often five years or longer in length, but it is really a necessity.
Innovate Regularly - A failure to innovate is a failure to be great. The Circuit City situation is a bit of a cautionary tale of a once-great company failing to innovate and in the end failing to provide the value to its customers. It can also be a learning experience in that if we aren't innovating, we're essentially losing ground to our competitors.
Be Great - If your association is providing value, innovating in the right ways, developing new revenue streams while bringing in new members, all while being willing to change if you're not doing these things effectively, you're on the right track to being great.
I'm now off to the nearest Circuit City to buy up some of that inventory that they're selling at bottom basement prices... I hope your members will never do the same with your association's stuff.
Labels:
agility,
Circuit City,
innovation,
value,
vigilance
January 3, 2009
A Cool New Program to Provide Value to Customers... (Learning from the Corporate World)
We association-folk always talk about providing value to our members, and what people value in these tough economic times are both piece of mind and stability, whether from their associations or the companies from which they buy goods. These two little-mentioned aspects of the psyche of our members should be something that all of our associations understand, and are always working to address in our efforts.
Perhaps we can learn something from the corporate world...
I recently learned about an innovative program that Hyundai, the Korean automaker, has instituted to help American car buyers during these tough economic times called Hyundai Assurance. Essentially, it is a program that allows Hyundai buyers who for some reason are unable to make their payments within a year after buying the car to return it with no obligation. There are some restrictions, but all in all, they make complete sense, and provide the buyers with the piece of mind they desperately want as they contemplate a purchase like this.
That's innovation, and just might allow the company to gain some market share because they are giving their potential buyers what they value - piece of mind in these trying economic times.
How can we look at this innovative program to help provide piece of mind to our members as they struggle economically to fulfill their membership payment obligations in this downturn?
Are there any good ideas/programs out there in the association world that addresses the piece of mind aspect of providing value to members in these difficult times?
Perhaps we can learn something from the corporate world...
I recently learned about an innovative program that Hyundai, the Korean automaker, has instituted to help American car buyers during these tough economic times called Hyundai Assurance. Essentially, it is a program that allows Hyundai buyers who for some reason are unable to make their payments within a year after buying the car to return it with no obligation. There are some restrictions, but all in all, they make complete sense, and provide the buyers with the piece of mind they desperately want as they contemplate a purchase like this.
That's innovation, and just might allow the company to gain some market share because they are giving their potential buyers what they value - piece of mind in these trying economic times.
How can we look at this innovative program to help provide piece of mind to our members as they struggle economically to fulfill their membership payment obligations in this downturn?
Are there any good ideas/programs out there in the association world that addresses the piece of mind aspect of providing value to members in these difficult times?
September 24, 2008
I'm a PC: Part 2
Saw this on Fast Company's web site today relating to the "I'm a PC" effort by Microsoft. Looks like most people don't think they recaptured the tag line from Mac...
This relates to my last blog post, on which Lindy Dreyer had a great comment about the reason that Microsoft waited to launch this. I still think they waited too long, and am still wrestling with how we in associations can make sure that innovation is top of mind as we are moving forward!
This relates to my last blog post, on which Lindy Dreyer had a great comment about the reason that Microsoft waited to launch this. I still think they waited too long, and am still wrestling with how we in associations can make sure that innovation is top of mind as we are moving forward!
September 20, 2008
I'm a PC...
As you may have guessed from some of my posts on this blog, I am an avid television viewer. I have a lot of favorite shows, and try to catch most of them each week. Last night, I was watching a re-run of one of my favorites, The Office, when it went to a commercial.
At that point, I saw a clever new Microsoft ad called with the theme "I'm a PC", an obvious play on the Apple ads that are already out.
When I first saw it, I said to my wife, "what a great ad! Very clever!" She immediately shot back, "Yeah, it's great, but it's two years late!"
In thinking about her comment, I realized that she was right. We have been seeing Apple inundate the airwaves with their great ads with the two guys saying "I'm a Mac" and I'm a PC" for at least a year or two. The Mac always seems to win in those little duels. Apparently Microsoft finally had enough of it, and came back with this ad to counteract it. Why now? Why did it take so long?
It got me thinking about our work in associations and how many times there are great ideas that are developed on the staff or volunteer levels that just take so long to get off the ground because of the approval process or bureaucracies that are evident within our associations. I'm sure you know what I am talking about - the great non-dues revenue ideas that are developed, the new volunteer structure that would streamline the organization's work, etc.
How can we as leaders help to move the process for innovation forward so it doesn't take so long? Do we have processes or bureaucracies in place that limit the creativity and innovative ideas from our staff because the process takes so long? Do we have policies in place that hinder our abilities to move things forward quickly to respond to the needs of members?
For two years, Microsoft has let a competitor take market share while they seemed to be just sitting there. Now, they have come up with a creative and innovative campaign to get that back, but is it too late? I guess time will tell...
At that point, I saw a clever new Microsoft ad called with the theme "I'm a PC", an obvious play on the Apple ads that are already out.
When I first saw it, I said to my wife, "what a great ad! Very clever!" She immediately shot back, "Yeah, it's great, but it's two years late!"
In thinking about her comment, I realized that she was right. We have been seeing Apple inundate the airwaves with their great ads with the two guys saying "I'm a Mac" and I'm a PC" for at least a year or two. The Mac always seems to win in those little duels. Apparently Microsoft finally had enough of it, and came back with this ad to counteract it. Why now? Why did it take so long?
It got me thinking about our work in associations and how many times there are great ideas that are developed on the staff or volunteer levels that just take so long to get off the ground because of the approval process or bureaucracies that are evident within our associations. I'm sure you know what I am talking about - the great non-dues revenue ideas that are developed, the new volunteer structure that would streamline the organization's work, etc.
How can we as leaders help to move the process for innovation forward so it doesn't take so long? Do we have processes or bureaucracies in place that limit the creativity and innovative ideas from our staff because the process takes so long? Do we have policies in place that hinder our abilities to move things forward quickly to respond to the needs of members?
For two years, Microsoft has let a competitor take market share while they seemed to be just sitting there. Now, they have come up with a creative and innovative campaign to get that back, but is it too late? I guess time will tell...
Labels:
idea generation,
innovation,
speed of action
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