Abandoning Ship: Nike Quits Chamber Board Over Climate Change Stance

On September 30, 2009

Abandoning Ship: Nike Quits Chamber Board Over Climate Change Stance

Nike -- a longtime proponent of reducing greenhouse gas emissions -- has resigned from the U.S. Chamber of Commerce board to protest the business group's opposition of climate-change legislation. Nike fundamentally disagrees with the U.S. Chamber of Commerce on the issue of climate change and their recent action challenging the Environmental Protection Agency is inconsistent with our view that climate change is an issue in need of urgent action, the company said in a statement obtained by BNET Energy. James C. Carter, a vice president and general counsel at Nike, sat on the chamber's board. The company will remain a member of the powerful business lobbying organization to "advocate for climate change legislation inside the committee structure and believe that...
On September 30, 2009

10 Reasons Why This is a Great Market for Entrepreneurs

Venture funding is tighter than ever, business loans are virtually nonexistent, nobody's spending, and morale is down in the dumps. So why is this a great market for entrepreneurs? No, I'm not on drugs ... except for Claritin. I've actually got a logical, airtight argument here. Check it out.
On September 30, 2009

Startups, Innovation, and the Auto Industry

Maryann Keller argues in a column that the future of the auto industry won't come from entrepreneurial startups or from global consolidation of automakers. Here's her grim conclusion:

[T]he future of the auto industry will look like the past: Neither theory of remaking the industry will come to pass. Upstart entrepreneurs will never achieve the mass scale necessary to produce vehicles at relevant prices for most consumers. While the startups may pioneer the use of some technology, any successes will be copied by the large manufacturers, which have greater resources, including government support, as well as an existing infrastructure. The startups will fail or remain relegated to niche markets. At the same time, governments around the world will continue to prop up their domestic automakers (either directly or through domestic market protections), thus distorting natural market forces.

Making cars and trucks is a capital intensive business with high barriers to entry. It naturally benefits from mass production and economies of scale.

But I don't understand why there isn't more a more dynamic relationship between established automakers and entrepreneurs. Imagine if the auto industry had an ecosystem like the biotech industry. Thousands of startups develop new drugs, devices, and therapies. Successful innovations get licensed or sold off to larger players with mass production capacity.

I'm not an expert on the auto industry, and I know the market is different in important ways from industries. (The importance of the secondary market and the infrastructure for maintenance, parts, etc. is a huge factor that entrepreneurs in most other industries don't have, for example.) But do wonder why we haven't seen more innovation from startups and adoption from the mass market players.

For an interesting example of automotive entrepreneurship, see this post by Jeff Jarvis.

On September 30, 2009

Three Ways to Cope with a Looming Layoff

I've been surprised by the number of people I've met who, like I did, quit their jobs after the recession took hold last year. Of course, most people don't want to quit — or can't. For many of those job-keepers, the prospect of layoffs is all too real, even as the recession officially winds down. They want to know what they can do in the face of the ongoing threat, and my fellow blogger Daisy Wademan Dowling provides useful tips in her post "How to Sell Yourself When Your Job's at Risk."

But there are also less self-promotional things you can do to feel more stable when the future seems shaky. The methods I've seen work involve, oddly, a bit of risk-taking, or at least breaking your routine. By initiating your own disruption at work, you can make externally driven change seem less threatening. Here are a few small things you can try:

1. Choose a task to do your own way.
Chances are, like every frontline worker and manager, you have at least one routine duty that you always perform according to a tacitly understood set of expectations. You don't openly question the method because it seems to fit the M.O. of the organization or of the folks in charge, even though there's no formal rule about it. Identify one such task and start doing it the way that you always thought would make more sense. The change obviously should not be something that amounts to insubordination or that would create chaos for coworkers. But in a climate where layoffs seem imminent, there can be room for small, refreshing changes of this sort. Your initiative might even be praised. And if it isn't noticed at all, you'll have at least shown yourself that change wasn't as risky as it had initially seemed to be.

2. Rethink your order of operations.
Organizing your workday is obviously more of an art than a science. You've probably settled into a particular pattern because it fit the bill when you started the job or because it was just easy to adopt. But when your pattern is threatened by external disruption, you can mitigate anxiety if you shake up your own world before it's shaken up for you, even if at first that seems like a hassle. Change the sequence of things you do each day, and feel what it's like to inhabit a new, self-authored routine. If your job is one that requires reacting to others, change the way you react so that things feel fresh to you (without acting fresh toward other people, of course).

3. Lay yourself off for a day. Ok, not literally. But take a day off in the middle of the week (Tuesday, Wednesday, or Thursday) and inhabit the workaday world outside the office as an observer. The key is not to run errands or get some other practical thing done, and certainly not to sit (or work!) at home. It's to actively look around you and soak in the big picture when most everyone else is focusing on minutiae. The hum of the world when others are at work and you are not can be a liberating one to hear. And it can make the prospect of a layoff seem much less scary. Bring a souvenir back from your outing and place it on your desk or your wall at work. Let it remind you that you were out there already and that you can, if push comes to shove, go out there again.

What little things are you or people you know doing to cope in the face of potential layoffs?

On September 30, 2009

Why John Mack’s Suggestion Of Single Global Bank Regulator Would Be A Disaster

Soon-to-depart Morgan Stanley chief executive John Mack yesterday proposed "an uber-regulator" for the global banking system. Mack said that he thinks a single global regulator would better handle the potential for another round of systematic risk, and that such an institution would also make sure that the U.S. was competing on a similar playing field with other global banks. John Mack is somewhat of a legendary figure on Wall Street, having handled Morgan Stanley, one of the world's biggest investment banks, in both the glory times of the 1990's, and in its darkest hours last year. Given that Mack essentially set up a sort of joint venture with Japanese megabank Mitsubishi UFJ when the going got tough a year ago,...
On September 30, 2009

22 Million Australians Today

Australia reaches 22 million people today, at 2.02pm and 37 seconds. It could be a boy called Jack who, by the time he's 21, will live in a country of 31 million people. Now might be a good time to revisit a recent BTalk podcast with social demographer Mark McCrindle.


On September 30, 2009

Google Gives Your Business its Own Page

Last week Google launched a new Google Maps feature called Place Pages. The purpose of these pages is to include as much information about places (which can be businesses or cities) in one spot. So for example (the example Google used upon announcement), if I search for "Burdick Chocolate Cafe" on Google Maps, and I go to the more info link for its listing (it's a place in Cambridge, MA), I will get reviews, photos, the map listing, directions, street view, and more.

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On September 30, 2009

Tommy Hilfiger Adds Sparks to ATG’s Catalyst Launch

ATG has launched a program modeled partly on the now-ubiquitous app store concept and partly on the principle of open source code-sharing. The ATG Catalyst Program is an asset distribution channel for posting full-fledged applications or portions of code. ATG is kicking off the official launch of the site with ATG Mobile for the iPhone, a native software application built on the latest Apple SDK.
On September 30, 2009

5 Ways to Make Your Business More Transparent

Sharlyn Lauby is the president of Internal Talent Management (ITM) which specializes in employee training and human resources consulting. She authors a blog at hrbartender.com. You can hardly have a conversation about social media today without discussing the concept of transparency. More and more, companies are incorporating transparency into their marketing efforts. Why? [...]