Failed Competition Law Led to Telstra Split | BTalk Australia

On September 17, 2009

Failed Competition Law Led to Telstra Split | BTalk Australia

Telstra is being encouraged to separate itself into two different structures – one providing retail services and the other managing the wholesale infrastructure. Michael Peters, a business law lecturer at the Australian School of Business says this is another example of failed competition law.
On September 17, 2009

What’s So Good About Long-Term Investors?

Did ministers ask what companies think before declaring that good investors are long-term shareholders? Ideas have been floated to give long-term shareholders more votes or to allow investors to buy more voting power, but perhaps it is the short-term shareholders who buy and sell that should be rewarded? Corporations need them. Shareholders who buy and hold for years might seem ideal investors. Directors get to know them and learn what sort of meetings and information they want. Fund managers better understand the business, ask more intelligent questions and are less likely to make hasty decisions after misinterpreting announcements. That an investor holds for a long time is a sign of confidence the directors are doing something right and boards may...
On September 17, 2009

Speed Up Your Web Browsing with Google Chrome

When Google Chrome hit the streets a year ago, most people considered it something of a novelty. It was fast, sure -- but also rough around the edges and missing a lot of important features. Well, time flies, because Google just released Chrome 3, and it's starting to look all grown up. Want to experiment a bit, but not necessarily commit to Chrome? You almost can't go wrong: It was fully installed (and had imported all my existing Internet Explorer bookmarks) about two minutes after I clicked the install button. With that kind of speed, it makes sense to install it as a secondary browser for non-mission-critical browsing. This new version of Chrome has a number of obvious updates. The...
On September 17, 2009

3 Tips For Boosting Self-Confidence

Each of us is painfully aware of our managerial shortcomings. Now it's time to look at our strengths to boost self-confidence. Start by asking, "Why should people follow you?"
On September 17, 2009

Apple: From Hero to Zero

Apple may do little wrong from the view of the stock market, but in terms of strategy and tactics in a competitive industry, it has been pulling a series of blunders that must be putting smiles on the faces of CEOs at Microsoft, Google, RIM, Palm, Sony, and Motorola, just to mention a few companies.
On September 17, 2009

How (Not) to Complain

Serena Williams berates a line judge for a questionable call; Kanye West hijacks Taylor Swift's acceptance speech; Joe Wilson accuses President Obama of lying to a joint session of Congress. The worlds of sports, entertainment, and politics seem to be long on self-promotion and especially short on trust and respect.

In contrast, the commercial marketplace runs on trust. Billions of transactions occur daily in which both parties in the exchange end up satisfied. Almost all sellers - from multinational companies to individuals selling on eBay - are concerned about their reputations and realize that many complaints provide valuable insights into how their products or processes can be improved. Customer satisfaction drives repeat business and recommendations.

But it's a two-way street. In the B2B world, sellers depend on trustworthy customers, just as their customers depend on them. Unhappy customers who mistrust and disrespect well-intentioned sellers raise the cost for all parties - and reduce the chance they'll get what they want. Here are five guidelines for customers for effective complaining.

Frame your argument. At first, don't attack, explain. There may have been an honest mistake or misunderstanding. Don't put the seller's representative on the defensive prematurely.

Propose a resolution. It helps the seller resolve your problem if they understand what they might do to satisfy you. For example, do you want a defective product fixed or do you want your money back?

Show respect. Chances are the seller is honestly trying to help you. Convey trust in the seller and you're more likely get a quick resolution and build an enduring relationship.

Keep your cool. If you don't, a seller's representative may reasonably decide to hang up on you, or at least will be less inclined to help you.

Escalate if necessary. There is only so much that most salespeople are authorized to do. If a seller's front-line representative cannot give you satisfaction, go over the representative's head.

On September 17, 2009

Help! One of Me, Dozens of Social Media Sites

I posted here yesterday about the landrush problem of social media, which is my phrase for what happens when user feedback systems are subverted by vendors seeding reviews. Another social media trend that worries me is the proliferation of sites. How do I deal with all the different sites I’d like to join? Currently, for me it’s [...]


On September 17, 2009

AOL Ad Does Great Job of Steering People Away from Mashable

Now that we have all woken up to the fact that AOL is a major provider of online content, it was interesting to see the banner ad pictured here on Mashable last night, detailing some of the content that was on AOL.com as of 10:13 p.m. EST. It's an interesting way to get some visitors — over to AOL, that is. Given the context, it's actually a bit surprising to me that Mashable would be willing to run it. Here's the deal: ads are meant to be clickable, certainly, but most display advertising actually doesn't compete with the content on the screen very effectively. Advertisers are thrilled if they get a one percent click-through on an ad. That's because it's...


On September 17, 2009

Climate Change Support Builds, but Will it Be Enough?

There are plenty of people who are apathetic, or outright hostile, to the idea of climate change. But the perception that business is aligned against it is shifting, helped in part by petitions like the one just signed by a group of investors collectively representing $14 trillion dollars. The group's prescriptions are pretty standard fare, along with its ringing quotes ("We cannot drag our feet on the issue," says the head of the New York State Common Retirement Fund), but it's really the financial weight of the members that is intended to get attention. The list of signatories itself is an odd jumble -- where else would the Church of Sweden appear beside private equity titan BlackRock and the Illinois...


On September 17, 2009

Reuse a Library of Common Phrases in Word with Quick Parts

There are certain snippets of text that I find myself re-using all the time. Often I have to hunt through old documents to find the exact phrase, copy, and then paste it into my new document. Sometimes I don't go to all that trouble and simply paraphrase myself from memory. But did you know that if you have Word 2007, you can create a handy library of these text selections and paste them into any document with just one click? Watch the Business Hacks exclusive video (try it in full screen mode for best results) to learn how to take advantage of Word's Quick Parts. As always, if you liked this video, be sure to check out some of our...