Flying Flags — God Bless America

July 5th, 2017 · 10:29 am  →  Blog Culture

Flying Flags

Yesterday was the 4th of July.  America’s 241st birthday.  I’m old enough to vividly remember the Bicentennial and all the hoopla and buildup that went into that.  I was a teenager then, so if that was really 41 years ago, I guess that means that I’m really old now.  Even though these “normal” birthdays for America aren’t as hyped as the “major” ones like the upcoming Sestercentennial in 2026, I still love the 4th of July.  It’s a simple feel good, family fun holiday with patriotic undertones and psychedelic fireworks.

For the last 3 years I’ve lived in Houston, Texas.  Most people know that Houston is the 4th largest city in the US, but many don’t realize that it’s also the most culturally diverse city in the US.  In addition to it’s warm weather, vibrant economy and consistent winds, its diversity is one of the things I love most about Houston.

As I’m known to do on many weekends (and reportedly sometimes during the week after work), I went kiteboarding yesterday.  On the weekends I normally go the the Texas City Levee or the Dike.  The Texas City Dike is literally a 5 mile long Road to Nowhere which juts out into Galveston Bay.  It’s a very popular destination for fishing, boating,  beach going, picnicking and for some of us, kiteboarding.  The fact that you can drive out onto the hard packed beach allows a pretty high usage density among the locals.  It’s always pretty crowded on the weekends, but on major holidays like Memorial Day, Labor Day, or yesterday’s American birthday party, it truly becomes a Human Zoo.  I’m guessing there were somewhere around 30 thousand people and at least 10 thousand barbeque grills out on the Dike yesterday, cars tightly parked in several rows along the entire shore line.  

I’m not even going to speculate on the reasons, but the Dike always seems to serve as a cultural sieve.  The cultural demographics on the tip of the Dike just don’t match the aggregate demographics of Houston . Walking up and down the beach yesterday, my informal spoken dialogue survey indicated probably 80% Spanish, 10% Vietnamese, 5% Chinese and 5% English speakers.  As I kited on my foilboard back and forth 100m off shore, the delicious aromas of carnitas, pollo asada, fried fish and Vietnamese crawfish wafted past me, and beats mixing Hip-hop and Latin pop boomed from the many competing sound systems. It is always a super festive multi-cultural atmosphere on the Dike.  Flags were flying everywhere along the length of the shore, mostly American, but with plenty of Texan, a few Mexican flags and I even spotted a few Italian, Chilean and Nicaraguan banners. 

Because the beach was so crowded, I had to use a certain beach cabana with 3 flags on a tall pole as my landmark for where to come back ashore after kiting.  This tall pole had an American flag, a Houston Astros flag and a hybrid Rockets/Texans/Astros flag.  It served as the perfect patriotic Houston hometown pride re-entry marker.  The multi-generational family of 9 under the awning eating corn and chicken were all speaking Spanish and I asked one of the young teenage boys where they were from.  Paco told me he was 13 and that his family was from El Salvador.  He was born in Houston but his parents and grandma (seated, smiling and eating) all immigrated from El Salvador.  They really didn’t seem to be rapists, murders or drug lords.  They seemed like flag flying Americans to me, enjoying their freedom to chill on the beach.

Recently, under our current administration, I’m not always 100% proud to be an American, but I’m always 100% glad to be an American.  Fly your flag.  God Bless America.


Find The Glass

October 28th, 2013 · 12:39 pm  →  Blog Personal Productivity

A couple of weeks ago, a group of friends and I took our annual kiteboarding pilgrammage to Cape Hatteras.  We go to Hatteras for a lot of reasons:  great surf, largely undisturbed natural coastline, consistent wind.  But I go for one primary reason:  to find the glass.

Dipping Into Planet Of the Apes

Finding the Glass at Planet Of the Apes

The Pimlico sound is graced with a a number of low lying (6″ to 12″ high) marsh islands which dot the shoreline.  The tidal ecosystem also laces these marshes with a network of canals and cut throughs.  “Why should we care?”, you might ask.  These coastal features comprise a dream setup for kiteboarders where it can be extremely windy (25 – 40 knots), yet on the downwind side of these marsh islands, the water is literally like a mirror.  Kiteboarding in these “slicks” as we call them is a totally unique experience.   Skip to about 4:30 in this video to get a good perspective on what I’m talking about, with good footage of one of my favorite slicks, Planet of the Apes.

I am a “butter hound” and I seek these “butter stashes” out with vigor.  I’ve been known to go back and forth in Planet of the Apes, one of the more famous slicks, for over an hour, logging over 21 miles in one 300 meter stretch of pristine glass, just ripping back and forth, back and forth.  Lather, Rinse, Repeat.  It’s hypnotic and mesmerizing.  No distractions. No noise.  No sound. No chatter from chop on the water’s surface.  Just me, a high surface tension canal, and the power of the kite.  I can concentrate on just blasting speed runs, edging as hard as possible with my butt and shoulders often dragging the water and working on holding down as much power as possible in the total absence of speed bumps. When you find the glass, you attain surgical focus.

If you have an important critical project which demands your utmost attention, I suggest you take great lengths to find the glass, just as we do when we trek out for a Planet of the Apes downwinder.  Find a secret place with no chop, no chatter, no distractions.  Take everything you need to complete your task (but nothing more):

  • Don’t bring your phone, or at a minimum turn it off and put it away.  The messages and notifications will wait.
  • If you need your computer or laptop, disconnect your internet / turn off the wifi.  The emails and updates will wait.
  • Headphones may help you focus and block out ambient distracting noise.
  • Put your watch away if you don’t have critical appointments coming up.
  • I find Starbucks to be non-optimal due to the incessant flow of chatter and visual distractions.
  • A windowless room such as a quiet corner of a library can be ideal.
  • A seat on an international flight can be very ideal.

Find an environment where you can just put your head down without distraction and “get it done”.  If you get in the zone, I promise that you will lose track of time.  Conversely, if you happen to randomly find yourself in such an environment, think through what big ideas you can work on to capitalize on the opportunity.

Once you realize the power of true glass, you will also realize the value in seeking it out.  Find The Glass!!






Paying-It-Forward to Friends On Both Sides Of The Job Search Equation

August 23rd, 2013 · 2:57 pm  →  Blog Business Leadership Social Media

4595054105_277d9b3fe4_oLet’s face it, the nature of employer / employee relationships has changed permanently. While you still need to work your butt off every day to deliver for your company and grow your career, the concept of “job security” as we once knew it has basically ceased to exist.  A lot of things can happen, for a lot of reasons.  It’s nothing personal, it’s just your turn.

I’m currently searching for my next opportunity.  It’s only the third time in my 27 year career.  Along the way, I’ve learned that I will probably be in some mode of a job search (active, dormant, contemplating) for the rest of my career.  For that reason, I always keep my radar up, and I think you should, too.

I would offer the following four self-truths:

  1. In all likelihood, you will change companies at least once between now and your retirement, and you may change several times.
  2. Even if you are happier than a pig in fresh mud with your current employment situation, chances are, you have multiple friends who are actively seeking their next career move.
  3. LinkedIn has become the defacto professional  talent and experience brokering platform.  If you aren’t active on LinkedIn, you should be.
  4. Executive recruiters have, and will continue to be, important agents in the process of filling mission critical talent needs with the absolutely best candidates.  While they are working in different ways and increasingly using technology, it is unlikely that the highly skilled human beings known as search professionals will ever get disintermediated from this process.

For these reasons I think you should actively cultivate your relationships with the Executive Search community.  While it’s true that statistically, most jobs are found via active networking, I have found that trusted, high-quality recruiters can be very helpful in this process.  Please do not forget that they are paid by the hiring companies and not by the candidates, but by paying it forward with them when you don’t need them, it’s much easier to reach out to them when you do need them.  The following is the process I use to pay it forward with the Executive Recruiter community AND the friends in my network:

  • Always take / return phone calls from recruiters, even if you are busy or not actively considering a career change.
  • During the discussion, find out as much as you can about the opportunity.  While the company name will often be confidential, try to solicit information about the industry, size of business,  the type / level of experience required, reporting relationships , job accountabilities, location etc.  If you can get the recruiter to email you a “Search Spec” document, that will be helpful as well.
  • If the opportunity sounds interesting to you, commit to get back to the recruiter after reviewing / considering the information.
  • If you really are not considering a move or the job is not a fit for your aspirations, communicate this clearly to the recruiter, but commit to reviewing your network and reverting back to them within a couple of days with a few names.
  • Connect with this recruiter on LinkedIn if you are not already; explain that this will facilitate your referral of candidates.  Newsflash:  Due to LinkedIn’s search logic, the best way to be found by recruiters on LinkedIn is to be 1st level connected to many other recruiters.
  • Go through your LinkedIn contacts (Network ==> Contacts)  and try to find a handful (three or four) good candidates to refer to the executive recruiter.  Don’t waste the recruiter’s time, try to find people who could actually be useful in their search.   I use LinkedIn’s Profile Organizer and assign a tag of “Looking” to folks I know that are actively searching for a job.  If you have a lot of contacts in your network, it may be useful to use the Industry, Location, and Companies screens to narrow the list down to a shorter list of  people who might be a good fit.  Don’t be afraid to suggest people who aren’t actively looking, as long as you think they may have interest in and be a good fit for  the opportunity.
  • For each person who might be a good candidate to refer, Ctrl-Click their name in the right panel of the Contacts search screen to open up their full profile in a new tab. Pull down the arrow in the right side of the blue box which says “Send a Message”to the bottom right of their picture and click “Share Profile”.  I’m not sure why the LinkedIn user interface hides this functionality, but it’s not obvious to many users.
  • This will bring up  a message dialog, enter the recruiter’s name in the “To:” box.  You must be connected to the recruiter to use this functionality.  Delete the boilerplate text and just enter a short note along the lines of  “Per our discussion, for the AwesomeJobCo VP of Sales search.  Feel free to use my name as an intro.  Good luck!”
  • Repeat the prior two steps for the other candidates.  There’s no way to do batch forwarding of profiles, but the whole process only takes a couple of minutes to do it individually.
  • Once you have forwarded the profiles to the recruiter, I usually use the Profile Organizer to put a short note in the the Recruiter’s contact record “08/23/13, sent him Mo, Shem, and Curly for the AwesomeCo VP of Sales search”.  This is a good record of deposits you have made into your relationship with this recruiter, and reminding them of your assistance (with client company name) in the opening sentence of an email five years from now letting them know you are back on the market will go a long way towards helping you get a response.
  • At this point, you want to give your contacts a heads up that they may get a call.  You can do this via phone call, but I find it more efficient to do it via a short email, putting each of their email addresses on the bcc: line, so that they can’t see the other people I referred along with them.  If I was able to get a copy of the search spec, I attach this document to the email, otherwise I just include a few bullets about the search along with the recruiter’s name.  I usually lead off with text along the lines of  “I’m not sure if this search might be of interest to you, but I took the liberty of forwarding your profile to Sammy Psurch.  You might get a contact from him soon.”

If you were a recruiter, wouldn’t you love it if people did this for you and wouldn’t you be more likely to help them in the future when they were looking for a job?

If you were a job seeker, wouldn’t you love it if everyone in your network was working like this for you and forwarding your profile along to recruiters who had active search projects?

Pay It Forward.  What goes around, comes around.


by Jeffrey J Davis, August 23, 2013
Photo Credit: Taylor Dawn Fortune,






You Have To Study The Game, To Win The Game

June 25th, 2013 · 3:46 pm  →  Business

monopoly Recently, a friend shared a post with me from Business Insider, entitled How To Use Math To Crush Your Friends At Monopoly Like You’ve Never Done Before.  This BI presentation deck by Walter Hickey, which analyzes the mechanisms behind the popular board game Monopoly,  was especially interesting for me, as I had done a similar, though much more rudimentary, analysis of the game many years ago as my 6th grade Science Fair project.  Once a geek, always a geek, right?

I encourage you to take 5 minutes to review this deck so that the rest of this post will make sense  in context.  I think you will find it a pretty interesting and quick dissection of the game, and it does a nice job of summarizing in an easy to digest fashion the work of other Monopoly analysyts such as DurangoBill and Tim Darling.   Both of these gentleman studied this game mathematically and scientifically, using statistics, Markov Chains and Stochastic Process State Diagrams.   I was a pretty smart kid, but I was only 12.  So I did it old school, via forcing my classmates to play Monopoly with me non-stop every day in Science period for about 4 months, and manually tallying our landing spots in a spiral bound notebook.    But regardless of our different analytical approaches, I was pleased to learn that the primary conclusions reached by the full-on analysis were consistent with my sixth grader’s analysis from almost 40 years ago:

  • The Railroads Rock:  Buy Em.
  • Complete a Color Group Quick: focus on the Orange, Violet and Red Groups (In that order)
  • Hotels are for Suckers: build 3 houses on each of your lots, hotels are generally overkill.  (My report actually said build only 2 houses.)
  • Boardwalk and Park Place are for Poseurs:  You may impress the proletariat, but unless you have more money than you can spend, these properties are low ROI investments.

While I nailed several of the game’s key WHAT truisms ,  I fundamentally missed some/most of the basic mechanisms around WHY these rules worked.  In hindsight, the roles of Jail, Chance and Community Chest seem pretty obvious, as does the fact that 2 dice are most likely to role a 7 (or a 6 or an 8), but I missed the contributions of those factors altogether.

But now as an older, more educated and and slightly wiser businessman, I can offer the following learnings from the analysis of this business simulation game:

  • Analyze This:  Measurement and analysis of any business process / business situation is the only way to understand and improve it.
  • Causality Matters:  Things don’t just happen.  They happen for a reason.  The violet and orange properties aren’t just popular because they are pretty, they’re popular because ex-convicts are more likely to sleep there on their first night out of the slammer.  Once your analysis shows something definitive, make a hypotheses or two about WHY this is happening, and then run some experiments to test your hypotheses.
  • You Don’t Know What You Don’t Know:  For most people, it may seem obvious that due to their exorbitant rents, Boardwalk and Park Place should be the most coveted spots on the board, right?  But until you analyze this assumption, you won’t realize that it is an erroneous one.  Data talks, B.S. walks.
  • Understand How To Get From One State To The Next:  While you don’t need to have a PhD in Quantitative Methods or a deep knowledge of State Diagrams, it’s helpful to be able to break down a business problem using a sequential “If we do this, then they might do that” type of mentality.  If you can break a negotiation or a product introduction problem into a 2 by 2 or 2 by 3 matrix and assign some relative probabilities to each of the cells (even if they are only educated guesses), it may help you decide which path has the highest expected value.
  • Statistics Is the Most Valuable Course You Will Ever Take In School:  I’m a degreed Electrical Engineer with an MBA, but the coursework which has served me well the most frequently throughout my career is statistics and probability.  It has been applicable in so many different scenarios and a mastery of how to use statistics  properly to make educated decisions has been invaluable.

I realize that it may seem a bit simplistic to compare business to a board game,but  keep in mind that they are both just games, it’s just that one just uses real money.


by Jeffrey J Davis


(Photo Credit Mike Fleming CC BY 2.0)




Root For Your Cinderella Teams

March 23rd, 2013 · 3:30 pm  →  Leadership

Georgetown_Florida_Gu_owenweb_t670This post is highly time critical, as the sports metaphor around which this whole topic is based is likely to have wound down by the time you  read this post.  The NCAA Basketball Tournament is my favorite sporting event by far, and last night we saw a virtually unknown #15 seeded team take out a longstanding basketball powerhouse program that was seeded #2 in their bracket.  As momentum began to shift in the game, people around the country (including myself) started to really get behind the Florida Gulf Coast University Eagles as they romped over NCAA legacy stalwarts Georgetown.  These guys came from nowhere, the FGCU program is so young and so new that they weren’t even eligible for the tournament until last year.
How does something like this even happen?  How do conventional wisdom and any logical statistical basis get utterly ignored by a team like the Eagles? I think there are a number of factors which help these Cinderella Teams beat the odds:

  • They are led by a strong coach who believes in them and prepares them for the tough situations they are likely to face.  He helps them work on the key skills they will need to excel and walks them mentally through the difficult scenarios they could face.  This coach leverages his experience.
  • They actually believe in themselves and know that they can win.  Teams like this are rarely cocky because expectations are lower and they realize they are underdogs, but they fundamentally know that they have the ability and the drive to succeed.
  • They play as a team and not as individuals.  While undoubtedly, any team that advances in the NCAA tournament has individuals with high levels of skill, these Cinderella teams invariably play as a cohesive unit, complement each other well and feed off of each other.
  • These teams can feel the legions of new supporters getting behind them and they use this new energy and support to accelerate their momentum.


So how does all of this relate to business?  Today, many companies, even very successful ones, are facing a dearth of talent at the top.  It’s a real succession crisis.  There are no Cinderella teams, everyone who is in leadership worked their way up through long and predictable career progressions.  As a result, the demographics at each level of the management pyramid are relatively consistent in terms of age, gender and nationality.  A lack of diversity encourages group-think and impedes innovation.  People who came from the same place and walked down the same road for the same length of time tend to think similarly.


I would posit that it’s highly beneficial for your company culture to have a few Cinderellas bubbling up through your hierarchy.  These are the women and men who ultimately hit your executive suite in their late thirties or early forties as opposed to their fifties or sixties.   Their performance and responsibility exceeds their experience, by a wide margin.  Not every young person has the right makeup for such a career acceleration, but certain players can really rise to the occasion if they are given the chance.  How do you make this happen?

  • You can usually identify these people very early in their career, within two to four years out of college.  It may be hard to put your finger on it, but there will be something about their drive, their curiosity, their inherent leadership and their desire to make each job bigger than it is on paper which will let you know that they need to be stretched, really stretched.  Don’t over-analyze it.  Trust your gut.  
  • Start developing them very, very early.  Move them twice as fast as you normally would.  Rotate them across functions and geographies so that they are equipped to play every position on the team.  Put them in stretch assignments that very few people think they are capable of pulling off and set up an infrastructure that helps them succeed.
  • Build up a small network of assistant coaches and supporters.  Find a few other colleagues that also believe in these young folks as much as you do, so that you aren’t the only source of confidence and direction for these young people.
  • Spend time with them leveraging your experience.  With each new position, help them understand the challenges, help them understand the political hot spots, and walk them through some of the more difficult scenarios they are likely to encounter.  Role play with them so that they can visualize how to deal with these battles once they invariably surface.  Without terrifying them, keep them ever mindful of any potential career-limiting mistakes which could be made.  Remind them that you a have a lot of your personal credibility equity invested in them and to please keep their nose clean.
  • Build a strong mentor relationship which outlives your direct manager-subordinate working relationship.  Just as Professional basketball players still often call their college and high school coaches for advice before a big game, build a trust relationship that will enable you to keep being a sounding board and informal personal adviser  for your proteges even after they haven’t worked for you in years.  It’s a rewarding relationship and a great investment in your talent pool.

Even though the Florida Gulf Coast University Eagles are unlikely to make it to the Championship Game, they will develop more over the next week or so than they probably have at any point in their basketball careers to date.  You have a similar opportunity to give some selected 15 and 16 seeds in your entry level ranks the same kind of accelerated development ride.  Find your in-house Cinderella Teams and Root for them!!


by Jeffrey J Davis

Enabling the Collisions Between The “Slow Hunches” In Your Organization

March 26th, 2012 · 11:22 am  →  Blog Innovation Leadership Technology

Recently I’ve been inspired by some pretty engaging discussions going on on Google+ about the concept of  “the connected enterprise” by some big thinkers like Gideon Rosenblatt Gregory Esau, Braden Kelly and  John Kellden .   An underlying theme of many of these discussions is that technology will enable organizations to evolve in new and exciting ways, specifically unleashing their innovation capability, due to the ability to have everyone in the organization continuously connected.  I believe in the concept, but I have to tell you that  I have struggled somewhat with the practical and tactical  aspects of implementation of such an enterprise wide connection.   A video that I saw last Friday from innovation author Steven Johnson “turned on a lightbulb” for me on several levels.  I encourage you to spend 4 minutes watching it, prior to reading the rest of this post.

Steven Johnson: Where Good Ideas Come From


The key breakthrough concept for me in this video is that most innovations arise out of the collision between two slow hunches.   Although I bill myself as an “Innovative Leader”, I’ve always been of the  belief that there is very little truly original thought in this world, and that most innovation comes from the creative combination of existing ideas.  Johnson’s “slow hunch” analogy made this concept gel and click for me somehow.    It made me really start thinking that the breakthrough for organizational innovation is in developing a way to uncover and  intelligently  link all of the “slow hunches” buried in the minds of our associates.   I think the degree of difficulty of  this problem scales exponentially as your organizational size grows, but then again, so does the opportunity.

We have a lot of proven methods for matchmaking in today’s society;, AirBnB, Speed Dating, Incubator Demo Days:   They all aim to match unmet needs with underutilized potential.  Heck, my Google Ads sponsored results and my Facebook targeted ads are working 24/7 to help me satisfy needs I don’t even realize that I have yet!!  We have the technology to do this, we just need to apply it.

In an organization, many people (not only sales people) have ideas about unmet customer needs.  Many other people (not only R&D people)  may have ideas about different ways to leverage and apply existing or developing technologies.  Can it really be so hard to intelligently matchmake here?

I could see it working in at least a couple of different ways.  In one such system , Slow Hunches could be explicitly entered into some sort of  a common shared database:

  1. What If . . . ?” hunches could highlight unmet needs that customers might not even realize they have and would generally take the form “What If – A Current Problem – Could be Solved to a Certain Degree?”  i.e. “What if you could clean your hair without using water and without having to enter a shower?”,  or “What if peanut butter was dispensed in a way that you could easily get it all out of the container?”.  The key here is highlighting the problem and inferring the benefit, with no focus on possible solutions, feasibility etc.
  2. I think . .  .” hunches could be ideas about ways to use existing or developing  technologies to solve different problems than they are used for today and would take the general form “I think — Current Technology — could also be useful for — A different problem or application.”  i.e. “I think our high temperature corrosion proof turbine blade alloy could make good cooking utensils” , or “I think the hydrophobic coating we are developing for fabric stain resistance could be useful for waterproofing iPhones”.  Again, there doesn’t need to be validation or verification, remember, it’s just a hunch.

Probably these “What If?” and “I think . . .” hunches should be kept short and sweet and almost tweet length.  We have to make it easy to log brain burps and we have to give people the confidence to know that it’s okay to only have half of an idea.   A central database of needs and potential solutions should be pretty simple to query and bounce off  itself  using key word and concept searches to highlight potential Slow Hunch Collisions.  The corresponding hunch authors could then be connected to flesh out their hunch collision more fully and see if it warranted an ad hoc team to research the potential.

This is just one concept of a method to lure ideas out of hiding and match them together.  I’m sure there are more sophisticated tools which could identify and match interests, beliefs and unsolved problems based on search histories or other internet activity.  The key point is that leadership of the enterprise needs to realize that there is a gold mine of untapped innovation opportunity buried right beneath the noses of their org charts and that they need to establish frameworks to uncover the Slow Hunches in their organizations and to help them to collide.  That’s where innovation happens, at the collision of the Slow Hunches.

What ideas would you have for tools to facilitate the Slow Hunch Collisions?

 by Jeffrey J Davis

Is The US Living In A Ponziconomy?

July 14th, 2011 · 9:26 pm  →  Blog Business Government Innovation Social Media Technology

Charles PonziSeveral days ago on a trans-Pacific flight I read two interesting articles in the same newspaper.  One was an analysis of the most recent jobs and unemployment report from the US, in which most analysts were puzzled by the lack of real job creation and economic growth.  The other article was about yet another IPO filing for a hot up and coming Social Media technology company, this one in the social gaming space.  The company, Zynga, is growing rapidly, is profitable, and generates almost $1B  of annual revenue from the sale of “Virtual Goods” in games embedded in Facebook.  I am an avid user of Facebook, but I must admit I’ve never played Farmville or any of the other Zynga games, I have no idea what virtual goods I would buy, how much they would cost, nor what redeeming benefit they would have for my life.  So I am probably unqualified to comment.  But I just worry that too much of the focus and excitement in the US technology and innovation media is on companies which will not create much lasting economic value.  But let’s face it, a virtual cow in Farmville is even less meaningful than a tulip bulb, and I struggle to come to grips with how a company making virtual goods can support a $20B valuation with any intellectual honesty.

I am a manufacturing guy by background.  I have run factories and now I run a real business, making real products that solve real problems for real people.  Of course I am in it to make money for my company and hopefully money for myself.  But by operating non-virtual assets, I am also able to see the much broader economic benefit that my business provides.  In addition to the personal salaries earned by over one thousand employees at my six manufacturing operations in US and Europe, there are the employees’ incomes, the company incomes, and the reinvestments of my suppliers, my suppliers’ suppliers, my logistics partners, etc.  Manufacturing of “Non-Virtual Products” creates lasting value in our economies.  Additionally, where there is value creation, there is inevitably taxation, which helps to solve  the major budget crises which the US is facing right now.

On the other hand, a technology based social media or smart phone app start-up has a much smaller trickle down impact on the economy.  As Thomas Friedman recently noted, the number of employees is typically much smaller and the resulting supply chain impact is minimal.  Sure, the local Starbuck’s, web hosting company, Pizza takeout joint and foosball table distributor get some lift from a new tech startup, but the overall stimulus to the economy is much smaller.  And while it may be much harder to quantify, I do not dispute that many successful tech companies offer products or services which create value for their users via increased productivity, group buying, etc.  But I really struggle to find much meaningful tangible, lasting economic value creation in a producer of virtual goods.  Many, many hot tech startups have been invested, exited and subsequently evaporated in the prior Web 2.0 and current Social Media technology inflatable balloons.  For many of these companies, the net aggregate cash flows once the music stopped and the dust settled flowed from users and customers into the pockets of founders and VC’s.  Don’t get me wrong, I’m all for people getting rich from their work, I’ve been trying unsuccessfully to do it for almost 30 years.  But it feels a little bit like a Ponzi scheme and I do not think it’s a sufficiently robust way to drive true lasting economic recovery.

The US remains one of the most innovative countries in the world.  We have great research and key technologies which can create real value for society in such industries as alternative energy, green chemistry, advanced materials, high efficiency transportation, smart grid power distribution, pharmaceuticals, water purification, etc.  Each of these industries could be a real starting point for sustained economic vitality and renewed competitiveness for the US.  Regional hubs and corridors for key technologies could fuel synergy and innovation.  Real technologies could evolve into real production plants which employed real employees and supported real supplier ecosystems.  Rest assured, we would still need founders, management teams and VC’s who would earn well-deserved wealth, but in a non-Ponziconomy, they wouldn’t be the only ones.


 by Jeffrey J Davis

For Inspiration, Take The Road Less Traveled

May 19th, 2011 · 5:52 am  →  Blog Innovation

Last week, I attended some meetings up at the Homestead Resort, in the Allegheny mountains of Virginia.  (It’s a great venue, by the way, with a real historic Jeffersonian flair and a beautiful backdrop). I drove up from my office in Greensboro, NC, taking a lovely scenic drive over rural Virginia highways.  As usual, I let Google Android Navigation guide me on the journey, which appeared to be a relatively straightforward shot, primarily on Virginia Highway 220 for most of the way.

As I neared my destination, Google Navigation decided that it was better for me to leave familiar Highway 220 and take this route over the mountain instead.  “No problem” I thought, Google Nav had never done me wrong.  The road quickly degraded into a roughly paved, un-marked road, marked only as Route 606.  Ominous signs indicated “No Vehicles over 25ft, Buses and Trucks strongly discouraged” and “Not recommended for GPS Navigation”.  The last one threw me somewhat; was the route  somehow underground or underwater?  Anyway,  I forged on and figured I would just turn back if it somehow became impassible.   (I drive a BMW M3, not the Magic Schoolbus, so I figured I could probably make it).

Despite a narrow 1.5 lane road with no marking, no guard rails and switchbacks galore, I ended up being so happy that I took the road less traveled.  The views were staggering, green lush mountain forest as far as the eye could see, and I had the road to myself, only passing one other car on the whole route.  I was able to drive much “more aggressively” than normally recommended in Virgina, the land of illegal radar detectors.  The adrenalin from the switchbacks and the fragrance of a moist spring forest really inspired me.

Fresh Woods Falling Springs Falls Virgin Asphalt


Routine and convention dull our psyche and our innovative capability.  Your mind has a tendency to just check out if you are executing a routine task or driving a familiar itinerary that you can do in your sleep.   The next time you have a chance, don’t drive to work via the same route you always take.  Take a detour, roll down the windows and really take in your surroundings.  Notice all the things you never noticed before. Tomorrow when you get up, don’t go to your normal daily staple of websites / blogs, StumbleUpon randomly or wander around on Tumblr to see something new and inspiring.  Walk to lunch, instead of driving, and take it all in.

Innovation is all about recycling and synergizing other inputs and ideas from your environment.  The more chances you have to charge your RAM with fresh inputs and stimuli, the better chance you will have to come up with something creative.

Take the road less traveled.  I guarantee you, you will be more motivated and innovative once you get to your destination.


  by Jeffrey J Davis


April 2nd, 2011 · 9:30 am  →  Business

Kangaroo RoadkillAll of us have had the unpleasant experience of coming across roadkill.  Although I’ve never seen empirical evidence, I’m pretty sure that most of these victims never intended to end up the way we found them.  Most of these unfortunate endings happened because of a desire to move beyond their previously inhabited core space into a new and adjacent space, and a lack of understanding of the potential risks inherent in this shift.  They had a desire to move, evolve and grow, but did not consider the consequences fully enough.


Potential mistakes they made which might have led  up to such tragic endings:

  • Totally ignored the potential risks: They never considered it, frankly never understood it, never saw it coming, and most likely died an immediate and unexpected death.
  • Understood the risks but poorly timed their transition: They were aware of the risks in shifting to the new space, and probably even studied the transition area for some time before crossing the road.  But due to some combination of bad data, incorrect analysis and bad luck, they happened to time their move at precisely the wrong moment.
  • Failed to move decisively: They noticed an oncoming car, then quickly backed away from their plan and reversed direction, then re-initiated again, vacillating quickly with almost squirrel-like indecision.  They failed to plan their move and commit to it fully.  He who hesitates is lost.
  • Detected an oncoming threat, but failed to act quickly enough: Many of these players planned their move carefully and were aware of the potential risks.  When making their shift, unfortunately, their acknowledged worst case scenario materialized.  Rather than acting promptly at the earliest identification of the risk, they stood fixated, like the proverbial “Deer In The Headlights”. (Pun intended.)

Don’t get me wrong, there is often a  strong imperative to get to the other side of the road for any number of reasons.  Just because there is risk, does not mean that the transition might not be required or desirable.  But a strong analysis of risks, potential scenarios and a well-timed plan, executed decisively, will help ensure that your business does not die an untimely death.

Don’t let your business become roadkill!!

(Image courtesy of deepwarren under Creative Commons License.)
  by Jeffrey J Davis

Battle of the Shanzai Kombinis

March 18th, 2011 · 8:33 pm  →  Blog Business

Came across these two Shanzai Convenience stores on opposing sides of a busy Nanhui intersection yesterday. I wonder which one dupes more customers?  Both of these Japanese chains have huge presences in China;  Lawson’s has over 300 stores in Shanghai alone, and Family Mart has nearly 400 outlets in Shanghai.  With such a huge investment, I wonder how much they appreciate their brand equity getting hijacked and dilluted by these knock-off branches?

Posted via email from jeffreyjdavis’s posterous

 by Jeffrey J Davis