Giving You The Business

The Netbook Is A Great Tool For Adventurers

There has been much written about the boom created by Netbooks and why people are using them. This is mainly because they are small, light, have a keyboard you can type on and are inexpensive. They also accomplish most of the basic computer functions that most of us really need a computer for; web surfing, blogging and email. However, one place that I have noticed the Netbook phenomenon taking off is in the adventure space. With the coming of warm weather, bike tourers are starting off on their journeys. Many of them keep online journals at places like Crazyguyonabike or blogs. A common thread is the use of the Netbook. When you are carrying everything on a bicycle, small size and light weight is vital. And here the small size and light weight of the Netbook shines. With the on-board WiFi, it is also fairly easy to find a place to connect whether it is a library, campground or home of a host. The low price means that if something happens to the Netbook, it is much less traumatic than if it were a $1,300 Mac Book.

In the past few days, I have read at least six cycling journals and all of them post using a Netbook. One can easily imagine that this will also be the case with hikers, vacationers and other travelers that want to keep in touch with the outside world and post to blogs and journals.

Do you use a Netbook? How?

Let The Nationalization Begin!

Via Drudge, President Obama to propose compensation caps on financial services firms to include banks. That ought to help bring back the banking sector and the markets!

Bloomberg reports that the heads of Citibank, Bank of American and JP Morgan are also pointing out the problems this will cause with the recovery. Per the story,

“The work we have all done to try to stabilize the financial system and to get this economy moving again would be significantly set back if we lose our talented people because Congress imposes a special tax on financial services employees,” Pandit said in the memo, whose contents were confirmed by a Citigroup spokesman.

Gabriel Malor at Ace of Spades is half-convinced that this is part of a plan to tank the financial system and set it up for nationalization. It is either that or incompetence at a level we have not seen since the day of Jimmy Carter.

Cross-posted at The Opinionator.

Web Meetings Versus Person-to-Person Meetings; Advantages And Limitations

In this posting from Chief Ingredient, they discuss how web meetings have all but replaced face-to-face meetings with their clients. This works well for them and from my reading, the clients are active participants in the meetings. I can see some benefits to this, namely that they can be held without a lot of lead time, meetings can also be held at odd hours and there are obvious cost savings. The company I work for delivers a lot of training via Adobe Connect and it seems to be very popular.

It is my experience that this method also has serious limitations. For instance, when delivering training and presentations to groups you have a serious likelihood that people are multi-tasking during your presentation. Additionally, you are missing visual cues from your audience that you receive from a live audience that helps you know whether you need to speed up or slow down as well as whether your audience is bored or tuning out.. There is also the advantage of a face-to-face meeting to initiate the partnership. This develops trust. I cannot tell you how many times I have been told that we need to meet in person before we dive into a business relationship. Chief Ingredient is using technology for customer meetings but I venture to guess that many of these client relationships were kicked off with an in-person meeting.

Organizations that would like to increase their usage of web meetings need to also change their reward systems to be in line with this goal. If Management Objectives (MBO's) or bonuses are tied to face-to-face meetings then adaptation of the web as a tool will not take place. People are coin operated and will do what they are paid to accomplish.

In summary, today's technology gives us the opportunity to meet with clients in ways that are very efficient from a time and money standpoint. This can be ideal for growing and maintaining a relationship with clients. However, we are a long way from displacing the on-site meeting.

Web Meetings Versus Person-to-Person Meetings | Chief Ingredient, Inc.

Markets Drop On Obama Inauguration

The markets suffered the largest Inauguration Day drop in history. Let's hope that is not a sign to come.

Happy New Year!

Merry Christmas!

Merry Christmas to all of you. May you and your loved ones experience all the joy of the season. And a special holiday greeting to those keeping us safe here and abroad. I leave you with this explanation of the meaning of Christmas from a "Charlie Brown Christmas".

A Good Time To Be A Buyer

I heard about this story on the Dave Ramsey Show which discusses the willingness of shoppers to haggle for the best price. One of the upsides to the downturn is that it is a good time to be a buyer, whether you are buying stock, real estate, cars or Christmas presents. Take advantage of it.

Sorry I Have Been Scarce

Sorry about my lack of posts recently. Between the holidays, the end of year scramble at my day job (sales) and general ennui, I have found the time and energy to post. I will be getting back in the swing in the next week and my goal in 2009 will be five posts per week.

If we do not speak until the holidays, Happy Hanukkah, Merry Christmas and Happy New Year!

Starbucks Again Takes Eye Off The Ball

Starbucks is touting yet another feel good initiative, http://is.gd/8OKg. Once again it has nothing directly to do with profitability or getting the share price back up. Perhaps they could get back to focusing on the bottom line rather than their image. Disclosure; I am a Starbucks shareholder.

Great Advice: When A Treat Stops Being A Treat

At The Simple Dollar is a great post about saving money by ensuring that treats, in this case coffee shop visits, remain treats rather than part of your routine. As someone who spends far too much time at Starbucks, I can certainly identify with the author and will take this advice to heart. Be sure to read the post for yourself.