Tesco’s Fresh & Easy Enjoying Fruits of Its Summer of Enhancements

On September 29, 2009

Tesco’s Fresh & Easy Enjoying Fruits of Its Summer of Enhancements

Fresh & Easy has had a busy summer, as the evidence of its revised website suggests, not to mention a slew of new product introductions and resort to old as well as new media. Revised has a two-fold meaning in this case. On the one hand, the Tesco-owned chain has given its main site an upgrade, not only making it more colorful and interactive but, as spokesman Brendan Wonnacott noted, focusing the content more firmly on the critical messages the retailer wants to convey. On the home page, four rotating screens highlight critical elements of the Fresh & Easy brand promise: quality, assortment, customer service and price. The retailer has shifted position in the recession from hip to helpful, promising...
On September 29, 2009

CIA Tackles Climate Change and Its Risk to National Security

The Central Intelligence Agency -- the country's first line of defense -- will add rising sea levels, desertification and population shifts caused by climate change as one more potential threat to national security. The CIA announced recently it will open the Center of Climate Change and National Security, a small unit led by senior specialists from its directorates of intelligence, and science and technology. The agency has no plans to tackle the science behind climate change. Instead it will look at the national security impact from "phenomena such as desertification." In short, it will use its intelligence data to examine the effect environmental factors can have on the political, economic and social stability in other countries and the potential security risk...
On September 29, 2009

Tense Consumers Ready to Lighten Up as Recession Dissipates

The recession is hitting consumers all over the world, and market researcher Mintel has been doing an ongoing analysis of those effects, rendering them as five major trends that will continue to impact why, how and where consumers shop. Some are worrisome, but some reflect a desire for greater normalcy, or at least a desire to emerge from under the cloud of economic gloom that has been spanning the globe. Trust: a core consumer concern in 2009, as banks, food manufacturers and government officials command less confidence as the economy makes any failure, even something as distinct from finance as a salmonella scare, more ominous. Mintel asserted that, in the United States, six in 10 consumers worry about food safety....
On September 29, 2009

Xerox Targeting Printer/Imaging Services Market

Many investors are questioning the wisdom of the announced Xerox acquisition of Affiliated Computer Services. Word of the $5.6 billion deal sent share prices down by 14 percent. And yet new CEO Ursula Burns declared it a "transformational deal" that would put the company in hot pursuit of a $500 billion market. I normally heavily discount chief executive enthusiasm, but in this case, she's on to something.
On September 29, 2009

Why the CIO Needs to Be a Duck-Billed Platypus

This post was co-authored by John Sviokla and Chris Curran

Information technology is the only part of the business which is both a line and a staff function. IT not only supports the entire business, but also helps to "make the donuts." This makes IT different from other functions — and something of a hybrid creature.

Line management executes the primary activity of the organization, and has the authority to make decisions in that realm. Staff management supports line managers in the execution of their work. For example, the Vice President of Claims is a line executive at an insurance company. Human resources executives at an insurance company support the work of claims and the other line functions. But at a retail bank, the CIO runs a big part of the operating business — he or she is the vice president of manufacturing for a bit-based business. Think of the CIO as the duck-billed platypus of the C-suite.

This duality is not true of finance. The CFO comes up through the finance function, and it is clearly a staff role. The same is true of Sales. Sales is always a line function, and not ever thought of as staff. The career paths for each of these functions is well known, and no one talks about whether or not the CFO is aligned with the business, or if they are delivering business value. Could you imagine making the distinction "finance or the business?" It would be absurd, but it is normal to ask it of IT, and we think it comes from the dual nature of the IT role.

Furthermore, this dual role which IT plays fuels the debate as to what makes for the best background for the CIO. Some people say that a CIO should have a business background and they can learn the technology. Others argue that any CIO that is not strong technically has no ability to truly know the costs, content, and possibilities of technology in the organization and the industry. We argue that because of this dual role — where technology is both a line and a staff function — the CIO should have a dual background. They need to have a deep understanding of the technology and of the business.

The future will only bring more and more IT into both the support and the process of the business.
The need for CIOs that have both skills will only increase. The vital requirement of organizations to have a strong leader who can both improve the current business in a staff role, and deliver the products and services in his or her line role, will only become more critical.
One of our clients began his career as a management consultant and then joined a financial services organization as the CFO of one of its business units. After several successful years in the finance function, he was offered the job to run IT for the entire organization. He was very successful in developing relationship with his peers, but very hands-off with the IT organization, which ultimately led to several strategic transformation programs stalling and a general lack of technologically-driven innovation.

We believe that his lack of experience in working in the trenches of the IT organization (note: being a programmer is not required to get the needed trench work) left him uncomfortable in engaging the right conversations at the right level of detail. Ultimately, he left the organization and likely the CIO career path for good.

So the question for any large company is: Do you offer the right career paths to nourish and grow this dual skill set? Or, by missing the dual role of IT, are you constantly looking for skills you don't have, can't find, and won't grow?

On September 29, 2009

Many Marketers Have Issues with Web Analytics

eMarketer compiled some data, citing results from a survey conducted by Unica about Web Analytics, and the problems marketers face when using analytics tools.

Web analytics are a critical part of succeeding on the web, but marketers are continuing to struggle with actually using the tools they have. Here are some problems cited by respondents of the survey:

read more

On September 29, 2009

Battery Maker A123’s Public Offering Takes Off

The story of Massachusetts-based battery maker A123 Systems (supplier to Chrysler’s on-hold ENVI division of electric cars, to BMW, GM and Delphi) is turning into a fairy tale, one with dark moments but a happy ending. The company, founded by scientists linked to MIT, is one of the leading players in lithium-ion vehicle batteries. A123 had intended to launch its IPO in August of 2008, but the economy’s crash soon after made that impossible. But the company did not founder. Instead, A123 found private investors including $30 million from General Electric last fall, and another $15 million last spring (GE has 11 percent, Quallcomm 7.6 percent and Motorola 6.9 percent). Venture capital (from North Bridge, Sequoia and others) added another $15...
On September 29, 2009

Cheap Times Coming Up at Holidays?

Last week we had news from the Consumer Electronics Association and CNET that consumer confidence in electronics was up. Given how dismal the numbers looked in context, maybe the headline was supposed to read that consumers are more certain that their cell phones will turn on when so required. For those tech companies that have been hoping for cheerful news, you might want to skip the rest of this post.


On September 29, 2009

Successful Small Business Models

Since the Million-Dollar-Mindset for Solopreneurs is about inspiring, empowering, and educating the owners of small business AND those who wish to have their own business someday, I thought I would devote the next 5 or 6 articles to some brilliant...
On September 29, 2009

Button Balance: Using design to differentiate and prioritize buttons

Design and usability expert Sandra Niehaus explains how to design your web pages and landing pages so that buttons are in balance with both their environment and priority. She explains and gives examples of how to vary color, size, shape, style or treatment, and placement to achieve balance.