FriendFeed has the potential to transcend social networks and catalyze collaborative filtering

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Over the last week FriendFeed has being the hot topic of the online world, soaring in popularity after an already strong start from its launch on February 25. FriendFeed allows you to see all of the online activities of the people you like or admire, who choose to share that data. So for example I have created a FriendFeed for Ross Dawson that brings together a summary of blog posts I’ve written, what I’ve bookmarked on del.icio.us, shared on StumbleUpon and Google Reader, videos I’ve posted on YouTube, pictures on Flickr, profile changes on LinkedIn, and songs I’ve loved on Last.FM. There are currently a total of 28 services that people can include in profiling what they are doing online.

On one level, this provides a quite staggering depth of visibility into what people are doing, and ultimately who they are as people. I’ve written before about the role of exhibitionism in allowing Web 2.0 to flourish, and this is evident once again in FriendFeed. Of course, it is supposed to be primarily about keeping track of your friends’ rather than strangers’ lives, and the reality is that all of this information is available anyway. It’s just that it has been brought about into one place. Not just that, it is a community itself, allowing comments and other ways to respond to people’s content directly, rather than going back to the source.

While there are other competitors in this space, including SocialThing! (see ReadWriteWeb’s comparison), the availability – and success – of these services is a fundamentally important transition in the online world. The reason why Facebook has been so successful is that it allows people a quick way of keeping in touch with what their friends are up to. Once either all the feeds are available from people’s current social network activities, or people start updating their profiles and activities in a more open format, social networks will be a completely different space.

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Adtech Sydney: Innovation in the Digital Marketplace

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A few days ago I attended a morning of the second Adtech Sydney, after last year chairing the keynote panel on the new media mix and the panel on blogs as a marketing tool last year. The event has progressed over its very promising start last year, with apparently around 30% more attendees, and an exhibition sprawling into new rooms. It is certainly a major convening point for the industry in Australia, with most of the major players involved or attending.

I spoke on the panel session on Innovation in the Digital Marketplace, together with Karim Temsamani, General Manager of Google Australia/ NZ, Simon Smith, Managing Director of eBay Australia, and Warren Lee, CEO of APN Online. Matt Whale, Director of ?WhatIf!, moderated the panel. I think it was a good session, with us managing to address some of the important points in what is a rather sprawling topic, though perhaps we agreed a bit too much…

A few of the points that I made were:

* Levels of innovation. There is much focus on innovation at the product (new services) and channel (new uses of combinations of digital channels for marketing such as Coke Studios, linking outdoor with SMS, Dell’s Ideastorm etc.) levels. However all of this happens in the context of business model innovation, and ultimately industry structure innovation (for example the shift of the primary platform to social networks). While only a few are able to play effectively at the industry structure level, actually changing the game, any innovation at lower levels needs to take into account the state of industry structure or platform innovation.

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Winners of Startup Carnival announced! The Australian startup landscape is rapidly evolving

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The winners of Vishal Sharma’s Startup Carnival have been announced.

The first three prize winners are:

1. Scouta

2. GoodBarry

3. Suburbview

The three judges (Duncan Riley, Justin Davies and myself) scoured through the 24 applications to identify the winners.

My formal comment after judging the field was:

It was very encouraging to see many exciting new market entrants as well as more established firms in the carnival. The depth and breadth of entrepreneurial talent in Australia is rapidly growing, and taking advantage of the massive opportunities emerging in the online space. Hats off to the drive and initiative of the entrepreneurs behind the very impressive array of entries.

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Is business yet to harness Web 2.0, or not yet willing to talk about it?

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Tuesday’s edition of The Australian has an article titled Business yet to harness Web 2.0. Overall it takes a rather sceptical approach to the topic, though it does include some positive comments.

Beginning with an overview of what Web 2.0, and suggesting it is confusing, it goes on:

Business strategy analyst Ross Dawson says Web 2.0 systems are becoming part of everyday business processes, like it or not.

“Virtually every large organisation is using these tools and in many cases it’s not sanctioned as part of an overall technology strategy.

“However, partly in recognition that many users are doing this anyway, large organisations are deciding this is something they need to think about, develop a strategy, and understand the value and the risks,” Dawson says.

The article then quotes IDC research that 50% of companies in the Asia Pacific see Web 2.0 as a business opportunity, while 8% see it as a threat. It says that Australian corporate giants Telstra, Westpac, Lend Lease, AMP, and Suncorp are all active in Web 2.0, though apparently the last three declined to comment for the article, saying it is too early to speak about their initiatives. This is rather disappointing, since I know that for at least two of these companies their activities are absolutely advanced enough to share with comfort.

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Why we will all have robot pets in the future

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Robots have been perhaps the most-predicted and least-realized aspect of our future. Decades ago we believed that robots would soon be part of the household, doing useful tasks for humans finally able to laze about rather than doing chores. This has not yet come to pass, though washing machines, for example, are arguably task-specific robots. What was not so expected was that robots would be something we would bond to emotionally.

I’ve written and been interviewed about a variety of aspects of the future of robots, including therapeutic robots, emotional robots in aged care, and the economic role of robots. Now that robots have reached a sufficient level of maturity, we have our very own robot pet in the family.

My wife Victoria Buckley, inspired by Where’s My Jetpack, a book she gave me for Christmas, recently bought a Pleo, the latest generation of robotic pet. Pleo is a robotic dinosaur that behaves like a domestic pet – curious, cute, cuddly, and responsive to interaction and people’s emotions.

The makers of Pleo, Ugobe, have a neat site where users can set up their own Pleo blogs (plogs). Victoria has been writing the adventures of our Pleo (named Titus) on her plog, worth reading for the cute photos of Titus with our eighteen-month old daughter Leda alone!

Below is a brief video (1:36 min) of my thoughts on the role of robot pets in our lives.

Complimentary report: Executive Insights into Enterprise 2.0 from roundtable hosted by Future Exploration Network and IBM

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The week before the Enterprise 2.0 Executive Forum, Future Exploration Network and IBM hosted a roundtable of senior executives discussing Enterprise 2.0.

Highlights of the discussions were written up in a report which is being made openly available, to assist other executives in considering the key issues involved. Download the report here:

Executive Insights into Enterprise 2.0:

Lessons from the Enterprise 2.0 Executive Roundtable

e2roundtable_cover.jpg

INTRODUCTION

Enterprise 2.0 – the application of Web 2.0 approaches inside organisations – is one of the most topical issues today for senior technology executives. To eludicate the concepts and to enable experiences to be shared, Future Exploration Network and IBM invited a select group of senior executives to Sydney’s Level 41 restaurant on 13 February 2008. In a free-ranging discussion overlooking Sydney’s harbour, the executives discussed Enterprise 2.0 and its implications and potential for large organisations.

CONTENTS

Roundtable Participants

Introduction to Enterprise 2.0

Defining Enterprise 2.0

Identifying Business Value

Risks and Concerns

Social Networks in the Enterprise

The Shifting Role of IT

Organisational Culture in Enterprise 2.0

The Role of Governance

Summary of presentations at Enterprise 2.0 Executive Forum

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We have been posting the speaker presentations at the Enterprise 2.0 Executive Forum on the event blog as they have been made available. Below is a summary of the presentations that the speakers have provided to us:

(Note: to see slide details in the slide shows, view the slides on Slideshare and put the presentation into full screen mode).

Be sure to check out the rest of the content on the Enterprise 2.0 blog – there have been some great contributions from speakers and many participants.

Ross Dawson, Chairman, Future Exploration Network

Euan Semple

https://www.scribd.com/doc/2092226/Euan-Semple-Handout

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How to save money running a start-up – tap talent don’t squeeze it

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Jason Calacanis’ company Mahalo includes hundreds of interesting user submitted ‘How To’ guides. The team saw a gap, and created their own list of 17 (and growing) tips on how to save money running a startup.

It’s a good read, and eminently practical. The thrust of the tips are to save money on things that aren’t important, but to spend on the things that are important, particularly those that make staff more productive (which includes making them happy). For example, Jason says “buy cheap tables and expensive chairs” – tables are a commodity but good chairs make people more productive and effective. He also recommends buying extra screens for staff, which makes them more efficient at their work, and buying home computers for those who want to work extra hours at home. If staff are salaried, buy them lunch so they don’t leave the office, and get an expensive automatic coffee machine to keep people from wasting time going to the local coffee shop.

Some have suggested that Jason’s tips suggest a total lack of balance, and certainly all of this can be taken too far. However as long as people can go out to enjoy some sunshine when they feel it’s appropriate, this all makes sense.

The one tip that I absolutely don’t agree with is:

“Go to each of your vendors every 6-9 months and ask for 10-30% off. If half of them say yes you’ll save 5-15% on fixed costs. People will give you a discount if they think they are going to lose the business.”

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Will the innovation landscape become more fluid?

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One of the single most important factors determining the future of business and society is the US legislative framework for innovation. US legislators shape the global patent landscape, due to the country’s dominant global role in both innovation and commercialization,. As covered in a New York Times article titled Two Views of Innovation, Colliding in Washington, Patent Reform legislation under consideration could shift the balance between large established corporations and smaller innovators, impacting how the patent landscape functions as a motivator of innovation.

As I wrote in my book Living Networks:

In the US alone, there are over two million enforceable patents. Only around 5% of those make money. The rest sit dormant, the documents quietly gathering dust on a shelf for the 20 year duration of the exclusive patent rights, or lapse due to lack of maintenance payments. Some of those patents are not applied because they don’t have a real commercial application. Probably many more are neglected because the patent holder is not interested in exploiting them, and they haven’t managed—or perhaps even tried—to match them with a company that could profitably apply them and would be prepared to buy or license them. This is not just a problem for the company that forgoes revenue on its portfolio of patents. It also means that part of the intellectual property landscape is unavailable, potentially squelching innovation by other companies. Because of the complexity and sheer number of existing patents, information about intellectual property has tended to flow extremely poorly. The promise of the next phase of the networks is that this flow will become far more fluid, resulting in better exploitation of our existing intellectual property, and a faster pace of innovation.

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Interview on client relationships in the management consulting industry

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Michael McLaughlin, editor of Management Consulting News, recently interviewed me about how consultants can implement knowledge-based client relationships. A couple of brief excerpts from the interview are below – go to the full interview on Management Consulting News for the rest, in which I discuss trends in the industry, managing procurement professionals, the role of brand, consulting firm marketing programs, and related issues.

McLaughlin: What is a knowledge-based client relationship?

Dawson: It struck me early on that knowledge is the real heart of the value consultants provide. I don’t mean just the knowledge of the consultant, but the way that the consultant applies it so that the client learns or is transformed as a result of the engagement.

I distinguish between black-box consulting relationships and knowledge-based ones. In a black-box relationship, the client engages the consultant to come up with solutions, processes, or implementations and, hopefully, a result is achieved for the client. But, at the end, the client is none the wiser.

In contrast, a knowledge-based relationship has a higher degree of interaction and, as a result, the client actually learns to change. Maybe your client becomes better at making decisions, or managing processes, for example.

McLaughlin: If you look out over the next few years, how do you think the profile of a successful consultant will change?

Dawson: One of the driving forces in the economy is increasing specialization. As time passes, consultants will need deeper specialization.

Clearly, that in itself is of limited value. In part, increased specialization implies that greater collaboration within a firm will be necessary to succeed with clients. But as individuals, we need both an area of deep specialization and carefully selected areas in which we have a generalist understanding.

The importance of the individual practitioner, whether you work solo or you’re a specialist within a larger firm, is waning. The ability to work effectively in teams will continue to be the real driver of success.

Personal networks are another factor that has been important in the past and will continue to resonate. Clients are increasingly seeking out consultants, not just for their expertise, but for the consultant’s access to the unique insights of others in their networks.

Read the full interview.