Predictions for 2019: Data, Tech, Media, Climate, Markets and…Cannabis…

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If predictions are like baseball, I’m bound to have a bad year in 2019, given how well things went the last time around. And given how my own interests, work life, and physical location have changed of late, I’m not entirely sure what might spring from this particular session at the keyboard.

But as I’ve noted in previous versions of this post (all 15 of them are linked at the bottom), I do these predictions in something of a fugue state – I don’t prepare in advance. I just sit down, stare at a blank page, and start to write.

So Happy New Year, and here we go.

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One Year Ago: How Our Predictions Fared

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Cross posted from Searchblog

Every year I write predictions for the year ahead. And at the end of that year, I grade myself on how I did. I love writing this post, and thankfully you all love reading it as well. These “How I Did” posts are usually the most popular of the year, beating even the original predictions in readership and engagement.

What’s that about, anyway? Is it the spectacle of watching a guy admit he got things wrong? Cheering when I get it right? Perhaps it’s just a chance to pull back and review the year that was, all the while marveling at how much happened in twelve short months. And 2018 does not disappoint.

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The Walmart Gift Box

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In my last post I imagined a world in which large data-driven platforms like Amazon, Google, Spotify, and Uber are compelled to share machine-readable copies of data to their users. There are literally scores, if not hundreds of wrinkles to iron out around how such a system would work, and in a future post I hope to dig into some of those questions. But for now, come with me on a journey into the future, where the wrinkles have been ironed out, and a new marketplace of personally-driven information is flourishing. We’ll return to one of the primary examples I sketched out in the aforementioned post: A battle for the allegiance – and pocketbook – of one online shopper, in this case, my wife Michelle.

***

It’s a crisp winter mid morning in Manhattan when the doorbell rings. Michelle looks up from her laptop, wondering who it might be. She’s not expecting any deliveries from Amazon, usually the source of such interruptions. She glances at her phone, and the Ring app (an Amazon service, naturally) shows a well dressed, smiling young woman at the door. She’s holding what looks like an elegantly wrapped gift in her hands. Now that’s unusual! Michelle checks the date – no anniversaries, no birthdays, no special occasions – so what gives?

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Dear Marc and Lynne: Time Needs You.

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The Benioffs join Bezos, Jobs, and others who’ve turned to publishing to cement their legacies. But a hands off approach isn’t what journalism needs right now.

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The Los Angeles Times was the first newspaper I ever read – I even attended a grammar school named for its founding family (the Chandlers). Later in life I worked at the Times for a summer – and found even back then, the great brand had begun to lose its way.

I began reading The Atlantic as a high schooler in the early 1980s, and in college I dreamt of writing long form narratives for its editors. In graduate school, I even started a publication modeled on The Atlantic‘s brand – I called it The Pacific. My big idea: The west coast was a huge story in desperate need of high-quality narrative journalism. (Yes, this was before Wired.)

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The Accountable Capitalism Act Will Never Happen. But Now the Conversation Will.

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Senator Elizabeth Warren

(Cross posted from Searchblog)

The past week or so has seen a surge in commentary on the role of corporations in society, a theme familiar to readers of this site. While it might be convenient to peg the trend to Senator Elizabeth Warren’s newly minted Accountable Capitalism Act (more on that in a second), I think it’s more likely that – finally – our collective will is turning to our most logical and obvious instrument of social change, namely, the instrument of business.

We humans like to organize ourselves into social units. They range from the informal (pickup basketball games) to the elaborately structured (Senate hearings). Our ability to harness collective will is unsurpassed in the animal kingdom, it’s one of our key evolutionary adaptations, driving the success of our species across the globe.

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Grow Your Business by Nailing the Most Important Meeting of the Week

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Did you know that on average, every single one of us wastes 31 hours per month in unproductive meetings? I’m going to show you how to prevent that.

Very early on at Stride Consulting, I searched for a process to help me scale. This was my 4th company and I had my heart set on scaling in a way that I had never scaled before.

I’ve never raised any funding. All four companies I’ve run have been bootstrapped. So leveraging a pile of cash to scale has never been an option for me. I was searching for a process to enable scale.

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Goodbye, Bay Area. Hello, New York!

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Sometimes you have to just shake it up a bit. Or a lot.

(cross posted from Searchblog)

I first moved to the Bay area in 1983. I graduated from high school, spent my summer as an exchange student/day laborer in England (long story), then began studies at Berkeley, where I had a Navy scholarship (another long story).

1983. 35 years ago.

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Google Discovered the Highest Performing Teams Have These Two Characteristics

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What makes a high-performing team? It’s not intelligence. It’s not seniority.

Google recently discovered that the highest performing teams are the ones with two characteristics:

  1. Individuals are able to sacrifice something they want for the good of the team.
  2. Each person feels safe to speak what’s on their mind.

Hidden underneath all of this is the foundation that makes it all possible: trust.

If a team lacks trust, everything else is impossible.

Think about your team. Think about each person on your team. Do you trust them?

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WTF is SMA?!

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Social Media Amplification unites social with paid media. It’s crazy that we haven’t done this already.

For all its promise, digital marketing remains an unfortunately siloed business. Nearly every brand invests in both social media — teams of people who agonize about what content to place and promote on Facebook, Twitter, and other platforms — as well as paid media — the ads you see across the “rest of the web.”

And here’s the crazy part: In most marketing departments, the teams who run social rarely, if ever work, closely with the teams who create traditional paid media. If that sounds crazy, well, you’re right. It is.

Although the metrics can be quite different, the goals of these tactics are essentially the same: Creating awareness and conversions against targeted audiences, building relationships with current and new customers, and driving engagement for the brand overall. Put another way, social media and paid media teams have the same goal: engaging customers and driving interest in purchase.

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When Should an Employer Ask an Employee to Quit?

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Companies spend a lot of time talking about retention strategies for good reason. High turnover is extremely expensive. The total cost to the organization for each employee who leaves can quickly reach between 100 and 300 percent of an employee’s salary.

On the flip side, we talk often about how and when to fire an employee. Likewise on the employee side, we talk about when it’s time for an employee to quit.

Yet, we don’t talk about the fourth option: When should an employer ask an employee to quit?

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