Showing posts with label Social network. Show all posts
Showing posts with label Social network. Show all posts
Thursday, February 24, 2011

Figuring out What's Next Big Trend and Why Maybe You Don't Want to Know

That title -- "Figuring Out What's Next Big Trend and Why Maybe You Don't Want to Know" sounds kinda ominous, doesn't it?  Well, I didn't mean it like that. I'm not afraid of the future. Not a bit.

I think the main trends that we are going to be dealing with are all about the crowd. Crowd everything: crowd financing, crowd sourcing are going to be very big. If you haven't already, check out Kickstarter.com. Kickstarter gives creative people -- or at least people with an idea -- a place to make a pitch, and then let other people support them financially. I've supported:
  • TickTock, a wristband that transforms a Ipod Nano (the new, square ones) into the coolest watch ever.
  • Lumina, an eye mask that wakes you up by gradually getting brighter, like the sun rising.
  • The Stork, "... a game/social experiment which encourages people to perform brave acts of kindness."
  • The Manual, "a new limited-run print magazine that takes a fresh look at design on the web."
  • The Shape of Design, a book that combines one person's thinging about "design and thinking about the topics that orbit the practice: storytelling, concept, craft, and improvisation."
 These projects,  and others that haven't been succussful in their bid to be funded, are novel and interesting and cool. In the old, 3 years before now world, I would only be a part of these projects if I was actually a part of the project. I most likely wouldn't have had the opportunity to know these people in the first place. And my puny little $10 or $25 or $100 contribution wouldn't be very useful. When my tiny contribution combined with other people who also think these projects are cool, it has the power to make dreams come true.

Crowd financing and micro financing aren't  extremely new, although I think the way that idea has been blended with social networking at the Kickstarter site is novel. Another related idea, though, really is new. That's the idea of a Network of Strangers That Have Something in Common.

Right now we have some pretty robust networks on the net -- Facebook and LinkedIn are two that I participate in daily. But these networks are networks of people I know or have some direct connection with. LinkedIn, in fact, actually actively discourages me from linking to people I don't know. And I get why they feel that way. But what if I could search a network for people that share common interests or want to do something that I want to also do? If there was some sort of rating on my reputation, like rating systmes used on Yelp or Ebay, where people who had worked with me could rate the quality of my participation, then you wouldn't necessarily need to "know" me to want to team with me. So Network of Strangers -- you heard it here first!

Which leads me to my next trend -- Influencer Identification. Just like back in High School, there was that one kid who led the pack and set the styles, in groups there are individuals or groups of them, that are driving the bus. In the past we ordinary mortals didn't have enough data presented in such a way that we could see what what was happening. But we do now, and visual information analytics is becoming more sophisticated and more available, every day. This technology can also be used to determine where innovation is happening, and how that innovation is being funded. Quid is one of those tools. Bloomberg.com quoted Bob Goodson, one of Quid's founders as saying, "The idea is to pinpoint where innovation is happening, what trends are emerging and who is funding them." Bob Goodson uses Quid to mine YouNoodle, a site that introduces entrepreneurs to people who want to fund them.

So with all this wonderfulness going on, why did I say, "Why Maybe You Don't Want to Know" in my title? Because if your aim is to increase your ability to monetize yourself, perhaps you don't want people to know so much about you because with the decrease in uncertainty, comes a decrease in the volatility associated with you. The Harvard Business Review (March 2011) in it's article "Experts are More Persuasive When They're Less Certian," says, ""People value potential more than achievement. Given identical stats for a veteran pro athlete's first five years of performance and a rookie's predicted five-year performance, study subjects choose to pay the rookie nearly  $1 million more in year six."
In other words, because we don't know just how wonderful the rookie is, we are will to pay more money for him. Because he might be fantastic. And the veteran, even the best, most wonderful veteran, is a know quantity. You've probably noticed this effect at work, where the person who is hired off the street starts at a sometimes significantly higher salary than the person who is already employeed by the company. So if you are on the rookie side of that equation, perhaps you don't want the company to know TOO much about you! Only enough to be sure that you are indeed wonderful! It would be very interesting to to see how the fees paid to people who have community ratings relate to the people who don't have those ratings. Or how people's fees in networks where you "know" folks relate to those in networks of strangers.

I'm fascinated by the way the future is unfolding. Let's see if I'm right about these tends.


Wednesday, October 13, 2010

Educause Conference, Day One

Today was my first day at Educause, in Anaheim, CA. Wow, this is one big conference.today was the pre conference day, and I already feel a little overwhelmed!

My first session today was "Pedagogical Consideration in Implementing Social Media: Twitter, Facebook, YouTube, and More"
"This session will focus on social media and how these tools can be used both inside and outside the classroom. Many of us are already avid users of social media because the marvelous technology allows us to do so many different things. This session will share perspectives from both the pedagogical side and online community-building sides, as well as encourage participants to become part of the conversation and share their experiences. Participants will be able to evaluate social media tools relative to their personal and institutional goals to determine which tool might be beneficial to achieve those goals. Attendees will also develop support networks through leveraging social media tools and sites to facilitate best practices and collaboration during and after the conference."

The session was presented by Tanya Joosten Interim Associate Director, Learning Technology Center,University of Wisconsin-Milwaukee, and Shannon Ritter, Coordinator of Auditions, Interviews, and Admissions, School of Theatre, The Pennsylvania State University. They did a great job. There are some new tools I learned about.   

http://www.pearltrees.com/

A way to organize what you love on the web. Looks cool in concept, but can check it out because it uses Flash. And my iPod doesn't.

http://foursquare.com/android/

This phone app gives you an opportunity to learn about your community. I love yelp, so I'm looking forward to using this app.

http://www.twazzup.com

This site is my new favorite. It combines tweets to a hash tagged source, your links and documents. You really need to check this out.

Monday, August 16, 2010

Your Personal Value Proposition: Choose Your Own Adventure!

x
Several times, over the course of this year, I have been invited to coffee or lunch by folks who want to talk about their job search with me. Sometimes they are interested in a job at the university where I work. Sometimes they want a job in instructional design. I enjoy these conversations because they have really helped me to deconstruct my strategy for getting a job.

Most folks, even folks that use social networks like LinkedIn, go about the job search process in a rather "rat shot" fashion -- throw enough resumes at it and eventually one of them will stick. It's the "even a blind chick gets a piece of corn once in a while" approach. The problem is that there are a whole lot of blind chicks out there pecking away. Somehow you need to separate yourself from the flock.

A job search is like any sales transaction. If what you are selling isn't what the person in front of you is buying, then you are not going to make a sale. Period. To improve your odds, I suggest you start thinking about your personal value proposition A value proposition, according to Wikipedia, is " an analysis and quantified review of the benefits, costs and value that an organization can deliver to customers and other constituent groups within and outside of the organization."  A personal value proposition looks at your personal skills, experiences, and values, instead of those of the organization. 

Constructing your personal value prop can be done in four major steps:
1. Determine your market. 
  • Focus, focus focus! It may feel counterintuitive to narrow down your search, but doing so will ensure that your offering is actually what the potential employers are looking for. You need to state in one to two short sentences what industry and job you are seeking. It needs to be crystal clear to you. 
  • Know what that market values. This isn't the time for guess work and assumptions. Even if you have worked in this sector in the past, you need to take the time to go through the analysis. Do not assume that what was valued in the past is what is valued now. You can get this information in two ways, and I suggest you do both. First, find people who are currently working in that area, and interview them. What are the most important attributes their employers are looking for? What skills and experience do they think are the most valuable. Second, look for as many job postings for these positions as possible. make a spreadsheet of the skills and requirements these people are looking for, and tabulate the most desired skills and requirements.
  • Go beyond skills and experience to gestalt. Gestalt is "a configuration or pattern of elements so unified as a whole that it cannot be described merely as a sum of its parts." In other words, it is the essence or flavor of your potential future company. Study their website, their thought leaders blogs, their employees' responses to questions on LinkedIn. Who are these people? What values rule their life?
2. Determine your gaps and take steps to bridge them.
  • Using the list of key skills and experience you created in step one, take a very hard look at your own skills and experience. What are you missing? Again, I can't stress enough that you need to not get stuck in the past. It makes no difference how qualified you were in the past. All that matters now is today. Make a list of the things that you seem to be lacking, based on your research. 
  • Are any of these items things you simply can't fix? For example, if you need 5 years of experience in a particular area, and you have none, you can't get into your "way back machine" and fix that. You need to consider that this is NOT an field that you are going to be able to find work in. 
  • Make a list of skills and experiences that you need in order to bring your own skills and experience up to date. Make a plan for how you are going to do this. This is where you need to put your energy right now, not in sending out a zillion resumes to anything that looks remotely like a possibility. 
3. Determine how you can differentiate yourself from the flock.
  • What requirement does your potential future employer have that you meet in a wonderful and unique way? How does your work ethic, your values, your experience, your skills, meet that need in a way that no other candidate can match?
  • You need to tell a coherent story that connects every data point in your history into a big ol' arrow pointing at your potential future employer.  
  • Using your research about the gestalt of your potential future employer, determine how your experience, skills, and values make you a match.

4. Develop your resume and other "customer facing" materials.
  • Everything in your resume, portfolio, and other materials needs to support your value proposition. Take a hard look at every line, especially of your resume. This isn't a place to put everything you have done in your life. This is the place to prove that you have the skills and experience to be successful in your new job. Start by cutting everything that doesn't do that.
  • Use all the free space to offer proof of your experience and skills. Think result, not job duties. What have you accomplished? Don't assume your future employer is going to be able to read between the lines and connect the dots. They don't need to -- there is a big stack of resumes on her desk, so why should she work hard to read yours?
  • Your materials need to be focused. That means you might have a resume that is suitable for this job only. I can hear your moans of pain from here! Too much work? Not really -- since you are being quite focused in your search, you are doing the same amount of work as you would have if you were sending out a zillion resumes, just differently. 
  • Remember to prove to them how you are a member of their tribe. Tell them the story that links you to them. Back in the day, we did this by connecting to a person who was already an insider. You still need to do this, but even more, you need to help your potential future employer understand that you are indeed one of their flock. 
Is this a lot of work? Well, yes. But you will have a much more successful outcome -- for one thing, if you follow these steps, you will really understand who you are going to work for, and you are likely to be happier. And they are likely to be happier with you, as well. Good luck!




Sunday, May 23, 2010

Thinking about Social Media

Way back, kids, back in the dawn of time -- like maybe twenty years ago -- my interest in the Internet had two major prongs.

One was the access to information. To me, the potential of the Internet was the ability  to research the topic of my choice with ease. I wanted a super public library mated with The Whole Earth Catalog.  What it turned out to be was so much more than I could have ever hoped.

The second major prong was the idea of the social net. From the very beginning I was involved in "lists"  where I could connect with other people who shared interests like me. It didn't matter if I was the only one like me in Rochester, NY. There was someone else in Garland, TX or Billings, MT and not only could we easily find each other, but we could talk via email as much as we wanted to.

With the advent of the term "social media", all the cool kids are thinking about how this aspect of the Web is changing our lives, how we do business, how we connect. Here is a site you might want to check out: Social Media Today's primary mission is to "help global organizations create purpose-built B2B social communities designed to achieve specific, measurable corporate goals by engaging exactly the customers and prospects you most want to reach." It is also an aggregator of writing about social media and the social web. You can also add your own blog to their lineup. Check it out!

Reblog this post [with Zemanta]