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Archive for February, 2005

What the Army can teach us about learning networks

Thursday, February 3rd, 2005

The January 17th issue of the New Yorker has an extraordinary article
about how a learning network emerged on the battlefield in Iraq.
“Battle Lessons,” by Dan Baum describes in detail how the Army is
revolutionizing its training of field officers. The Army is emblematic
of what all large organizations are facing in their training
departments. The problem starts with unidirectional activities coming
out of training: the army identifies a need and prepares and then hands
it down from the top. By the time it hits the field, it is stale and
irrelevant. Baum estimates that half of the soldier training is
meaningless and non-essential, and that the training is being handled
so it stifles fresh thinking. It encourages “reactive instead of
proactive thought, compliance instead of creativity, and adherence
instead of audacity.” As one captain put it, “They're giving me the egg
and telling me how to suck it.”

But a new direction has emerged from the battlefield: two new
web sites, Companycommand.com and Platoonleader.com, were developed two
young majors. Modeled on Alloutdoors.com, which lets sportsman exchange
information about all sorts of advice about “everything from how to
skin a squirrel by yanking its tail to how to call a turkey by blowing
on a wingbone, the new web sites allow for “unmediated real-time
cross-chat and debate.” This approach represents a true bottom-up
solution and is born of the X generation of leaders who are more
self-reliant and confident than their boomer superiors. That, coupled
with the exigencies of Iraq forcing the decision-making downward,
created the right conditions for this new learning network.

The network contains huge amounts of detailed information straight from
the front-line. (The stories in this piece are amazing.) And while it
was initially resisted by the chain of command, the new sites now have
the army's full support.

I am very excited to read this piece because it illustrates where we
believe learning and training need to go in large companies (and
small): new technologies like blogging and RSS can be put in the hands
of front-line employees and because they are so easy to learn, use,
support, and deploy, they can be rapidly adopted as a means of
capturing and publishing critical front-line information. Built-in RSS
can be used to aggregate and share this information so that people get
the information they need when they need it. Once the learning network
is up and running, the information can be mined and analyzed to
identify trends, best practices, and emergent leaders. It's all very
exciting and has the real potential to transform how people learn from
one another and to make us better, smarter, faster.

The Otter Group gets business blogging reference

Thursday, February 3rd, 2005

Bill Ives references the Otter Group today in his blog post on business blog providers:

 If you need to go beyond an individual blog, Kathleen Gilroy of
The Otter Group in Cambridge, Massachusetts has recently created
Pingware, a Blogware-based platform for developing communities. The
Otter Group provides custom designed online learning programs and
online communities. Pingware integrates a newsreader, as well as blog
publishing capabilities and can be custom designed for your
organization. It is based on a common vocabulary and a unified view of
the capabilities. The Wellesley College Alumni Association is one of
the first adopters.

RSS Pose Risk To Firms Like TheStreet.com and Yahoo!

Tuesday, February 1st, 2005

From Sadagopan's weblog on Emerging Technologies,Thoughts, Ideas,Trends and Cyberworld

We recently covered Lucent Using RSS for imporving internal processes. News.com reports, TheStreet.com,
a financial news and commentary Web site, said it has hired investment
bank Allen & Co. to assist its board in considering strategic
options. Some investors have speculated that New York-based
TheStreet.com may be up for sale since last year and amid various other
media deals, including Dow Jones's recent purchase of MarketWatch.

David Jackson of The Internet Stockblog looks at this annoucement quite perceptibly and has published an excellent brief about the development. Excerpts with edits:

The street.com is taking more time to sell than CBS marketwatch due to:

- First, TheStreet.com isn't making money.
- Second, potential acquirers could view the stock as expensive: the stock trading at a forward P/E of over 31.
- Third,
The Street.com's research and brokerage business for institutional
investors likely makes it a less attractive acquisition target for pure
media companies.
- Fourth, TheStreet.com's brand seems to be overly dependent on founder James Cramer.
- Fifth,
the company lost at least one high-profile contributor and revenue
generator - Herb Greenberg - to CBS MarketWatch during 2004.
- Sixth,
TheStreet.com doesn't seem to be a very attractive bet on the growing
Internet advertising market, since it generated only 30% from
advertising as compared to subscriptionsin Q3 .
Two more ( well thought out)observations:
- Opens opportunity for independent firms to re-think the traditional research business and to provide research to hedge funds.
-
The proliferation of small, targeted Web sites and the rise of RSS pose
a risk to firms like TheStreet.com and Yahoo! that aim at broad news
coverage and analysis.
David's analysis looks excellent - Please visit his site for reading the full article and the complete analysis


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