How We Pay Matters

I’m starting to think how we pay people for work done matters.

Cash feels like we’re handing something tangible to another person.  It’s real.  It’s limited in our pockets and wallets, even if we can go to an ATM and replenish our supply.  Psychologically, I treat cash in my wallet differently than I treat plastic, even when I use my debit card, and as a result, I tend to make more careful and considered choices.

Checks are the next level of payment.  They require us to write out the number, consider the balance in our account, and otherwise take stock of what the numbers and payment mean in a larger context.  While it separates us a degree from the cash transaction, it still requires a more intensive action than other forms of payment.

Payments by debit and credit card are more elusive.  We can get stuff by flashing this little piece of plastic for goods, but the day of reckoning is not immediate.  We can easily overextend the amount we intended to spend, and even exceed our limit, with little or no consequences until some point in the future. (Unless of course, you are in enough debt to warrant a phone call about exceeding your limit while in the store.)  This postponing of accountability for money spent tends to make the expenditure itself feel somewhat artificial, and the bill at the end of the month has caught more than one consumer by surprise.

Banks know this, of course.  The more people that spend through plastic and the fewer that pay through cash, the more they are likely to spend and the more fees and interest are generated for the company.  This is why people are given debit cards almost automatically for every bank account, with the hopes that you will spend your money, rather than make the bank hold on to it for you.  Your deposit is an asset for you, but a liability in the big picture to the bank, who then “owes” you that money on demand.

It’s also why new forms of transactions- electronic, the wave of a pass at a gas station or card machine, or payment through a cell phone or text message are equally attractive to people wanting your money, but more dangerous for you, as the exchange seems less and less real, less memorable, and the only reminder is the bill at the end of the month.  Even that ugly physical reminder of your spending and psychological prompt to be more judicious in your spending is becoming removed to the digital realm, where every company is encouraging you to pay bills electronically, saving them the cost of mail and of processing your check.  It also removes any and all excuses for “But the check’s in the mail” or “I never got my statement”.

As this recession drags on and people continue to have money troubles of one form or another, maybe one place to consider making changes is in the form of payment you choose.  Cash will keep you more accountable by far.

However, even I succumb to the lure of electronic payment of debt.  I put my kids on a plan where I direct deposit their allowances into their account, eliminating every debate about allowance, but likewise complicating and making the threat of suspending allowance all the more distant and vague.  They love feeling like grownups and having more control over how they spend their allowance, including using a debit card.  I’m hoping this will teach them how to manage money, even virtually, while they’re young, rather than having their first credit and debit experience closer to college.

Virtual payments and management of money and credit are skills we all need to have.  Build these skills into your kids as soon as you can, because these payments are not just in the future, but they are the now.  And the more divorced we becoming from the tangible forms of payment, the less direct accountability and more mistakes we’re all prone to make.

Tags: economics, money, social media

Longevity of New Media

Someone on Twitter was talking about how to celebrate a big Tweet number- 25,000 tweets. Some people have chosen to try to raise money for their momentous tweet, but what struck me was what might have been said in those 25,000 tweets. Does that equal a novel? A Book? Since Tweets, for most purposes, disappear after about two weeks (1) much of the content created is history.

This made me think about the longevity of digital media. Some things, like blogs and podcasts, are more durable. This information is stored not only on your website and servers, but by others, including the Internet Wayback Machine. Twitter, and to a certain extent, Facebook, relies more on real-time day to day content, rather than provide any sort of long term search-ability or archiving. Yet with more and more people sharing news items on Twitter, communicating with customers and the like, how much of this information will continue to exist in the future? What becomes “evidence” could be saved for later on, whether its for journalists researching a story, hisotrians, or even laywers?  Would this stuff be admissible in a Court of Law? I’m not sure whether or not we know the answer to any of these questions yet.

For me, I often share information and links on Facebook, sometimes for me, sometimes for friends. I’ve opted to share many things through Delicious, and to Facebook through Friendfeed. This means I have a tagged list of blog posts and articles, creating my own clip file, my own library and encyclopedia that grows over time. But if I only tagged this stuff and shared it out through Twitter, it would likely be gone.

How much of what you are creating online is meant to have a lifespan?  How long to you want to be held responsible for opinions, tweets, snarky comments, etc.?  How much is intended to be in the moment alone?

A case in point is the LD Podcast.  I have had the show on hiatus, and I’m working hard to put it back into production in the near future, spurned on by recent emails from a number of sources who are discovering the content for the first time.  I’m realizing that the content I create has a lifespan far longer than my attention span, and it continues to provide value to others, long after I have taken it for granted.

I hope this provides a little food for thought- Where are you putting your digital media energies?  What’s providing the most real time versus long tail value?  And, what can you do to create both?

Most of all, don’t forget that sometimes, creating content with longevity might actually create the most long term value.

(1) unless they have been stored, archived or otherwise placed in different formats…

Tags: creation, creativity, facebook, ld podcast, longevity, media, podcast, twitter

Repairing Relationships

Yesterday, I spoke at the Social Media Plus conference, and finally got to meet the great Jason Falls.  In Jason’s presentation, he spoke about how sometimes, a relationship with a customer gets damaged, and there may be no going back.  Sometimes, there’s nothing you can do to make someone else happy.  But if that person is noisy, how do we make them at least pacified and less of a thorn in your side?  How can you declare a truce or at least an end to open hostilities?

A friend of mine had an issue with a local coffee shop, that I happen to love.  There was an issue with credit card numbers being harvested, most likely by an employee, and this caused a headache both for the customers and the business.  My friend now has a vendetta against the shop, because she felt they did not act fast enough, or seem to take it seriously enough from her perspective.  From an outsider’s perspective, I see the notice in the shop about the incident and why they no longer accept credit cards.  I’ve always paid in cash, so I am largely unaffected, and feel like the business has done what it could to make the situation better, and solve the problem.  Yet, when I check in on Foursquare at the location, I receive a warning text from my friend not to trust this business.

I get that my friend is irate and sees this as an opportunity to both protect others and send a message to the business that they should treat their customers better.  But I wonder when this bad experience becomes slander.  When is it a vendetta?  What can the business do to show my friend that they made a mistake?  That they get it now?  That they have done what they can, and need to move on?  When will my friend decide that they have done enough electronic mayhem and decide that it’s okay to let go now?  (Side note- What’s the difference between a pit bull and a REALLY pissed off customer?  A pit bull will eventually let go.)

In social media, we openly acknowledge and encourage everyone we know to use the platforms out there to talk, both good and bad, about the experiences you have.  We tell businesses to listen to their customers and respond, because a quick response to bad stuff is primarily good customer service, and secondly, tends to minimize the “I hate (insert business name here) and will do everything at my disposal to let the world know- and aren’t you unlucky that I know how to make this part of your digital footprint???”

From my own perspective, I make every effort to resolve any issues I have locally first.  Then, if it’s a chain or franchise, I may escalate up the ladder.  If I am not getting satisfaction, I may take it to my blog or twitter to see if I get a response.  But mostly, since I know the ‘net is a powerful tool, I save it as the last ditch response to problems, rather than the first.  I try to be someone who is all about building good relationships, especially since you never know if you’re going to need that bridge you’re about to burn later on.  I basically always want to solve the problem, forgive and move on, because frankly, anger takes too much of my time and energy, and does more harm to me than good.

The plain truth is that we’re never going to be perfect.  We’re going to make mistakes.  Acknowledging them early, and doing what you can to solve the problem and save the relationship is optimal, but sometimes, it’s just too far gone to repair.  Asking what you can do to make it better or help make amends goes a long way to dampening down the fire in the belly that happens when people are mad or disappointed, but sometimes, nothing will work and the relationship, like with that old boyfriend or girlfriend, is simply over.  If you can both part and go on about your business- that’s the best for both parties.  Turning someone into Glenn Close in Fatal Attraction and creating a stalker, set on doing you harm, is far from optimal.  But the more you can do to help that person let go and move on, the better off everyone will be in long run.  Preserve everyone’s dignity.  Acknowledge mistakes.  Acknowledge their feelings, and that there’s little you can do to make it up to them in a way that will be satisfying.  And agree to move on, as best as possible.

The metrics we use to repair relationships with friends, family members and coworkers work the same way with business relationships.  Treat everyone- your customers, your business partners, your suppliers, your bosses- everyone- with respect, and the likelihood and frequency of the irreparable relationship will go down.  And that’s for everyone’s benefit in the long run.

Tags: Jason Falls, repairing relationship, social media plus, trust

Filling Niches

One of my favorite concepts from all of those years studying biology was the concept of the niche. An organism or creature finds a spot where the competition isn’t too intense, and raw materials they can work with, and decides to set up shop. They work with their environment and find a place where they can be successful, or they die out. Sometimes the environment around them changes, and the creature needs to adapt or perish.

The same thing is true for businesses, economics, families,you name it- as it’s true for bacteria or lemurs. If you find a niche and can exploit it to your advantage, you have a strategy for success that will carry you far. That is essentially the whole basis for great books like “Blue Ocean Strategy” (Amazon Link) that talk about finding markets where the competition isn’t fierce, or just isn’t there yet- you have the ability to own the niche.

One way businesses achieve this is by creating their own ecosystems.  Apple is brilliant at this, with iTunes and the App Store- it has created a whole economy that it owns.  It lets others play in the sandbox, helping diversify the entire ecosystem, making it more robust, and letting others compete to fill in the niches of best song, or best movie or best work productivity App, all the while taking a percentage, like an agent, as owner of the ecosystem or world.  Amazon has done this, as has Ebay.  All of these ecosystems compete at points of overlap- like a town encroaching on an animal’s habitat- but for large swaths of the ecosystem, there is less competition and life goes on pretty happily.

Finding your niche is difficult for a lot of folks, in part, because it starts with the very hard question of who YOU are, what you do best, and what you love to do.  Sometimes, we can fill a niche because we are perfectly suited for a job that’s available, but if it doesn’t make you thrilled or excited to go to work every day, how are you really going to have the heart required to maximize the opportunity day after day?

Another spot of friction is when you know your talents and strengths, how do you communicate those to others is a short, coherent, easy to grasp way so they can help you find a niche that works?  Some people refer to this as a lobby or elevator pitch- what is your tag line that inspires other people to be interested in you and hire you?

For example, on Twitter, I am largely known as LD Podcast, for the podcast I’ve done about learning and learning disabilities.  But the important part there is really the Learning part- that transcends people struggling in school or work with things like dyslexia and ADHD.  I feel I’m all about learning and teaching, and trying to find the most effective ways to make your message clear.  I read business books and marketing books because these fields are all about making messages clear in order to get someone to buy something.  I take all these ideas and concepts and apply them to help businesses, medical education, and other clients/niche owners to make their ideas and talents more easily understood.  When you understand, quickly, what someone or some business is about, you can quickly decide whether you need that service, and you can convey that information easily to others- making the idea a virus, as Seth Godin would say.  The principals are the same whether we’re talking math facts for middle school kids or marketing plans for adults or social media tools-  you’ve got to be able to make a case and sell your ideas for anyone else to understand them and do anything with them.  And that, in a nutshell, is about good, precise communication.

Which brings us back to science.  In science and technical writing, precision is really important.  I’ve spent hours struggling over a sentence or two in an abstract, trying to get the exact language as concise and accurate as possible.  Likewise, in law school, your ability to win a case or argument depends on how you use language to communicate your client’s position to another, and use supporting information to convince the decision maker you are correct.  In business and marketing, you have to do the same thing- use language to convince someone your product or service solves a need or problem- maybe even one they didn’t know they had. (Just ask Ron Popiel, or read about him in Malcolm Gladwell’s “What The Dog Saw“.)

In the end, it’s all about finding your unique niche where you can thrive.  You need enough resources (which includes money and customers for business, often money and students for education) to make the most of the niche, and you have to be constantly willing to adapt and change with the environment.  If you can’t adapt and evolve, you will likely suffer, decline, and possible even go extinct, or at least out of business.

It’s easier said than done of course.  But the process starts and ends with you, not with the shiny new objects or social media tools or anything else.  I’d love to be able to say Get Twitter and life will be perfect, but that’s not true.  Like monkeys figuring out to poke a stick in a log to get food, it’s all about how you use that tool to its greatest effect that will bring you success, and it often involves experimentation, failure, and reinvention time after time.

I know my life is one great experiment.  I think I know something, and that knowledge gets challenged.  I can stick to my guns, or adapt to the new conditions.  I have to apply what I know.  In reading The Checklist Manifesto- How to get Things Right, they talk about two distinct kinds of mistakes we make all the time.  There are errors we make of ignorance- we don’t know what we don’t know- and then there are egregious errors-  when we know the right thing to do, but we just can’t seem to execute as we’re supposed to, leading to disaster.

For example, I know easily 20 different diet plan that promise to help me lose weight, but it’s not a lack of knowledge, it’s the consistent implementation over time that causes trip-ups.  Part of it is programming the environment, and making doing the right thing easier than doing the self-destructive or ignorant or convenient thing.  Part of it is keeping simple rules forefront in your mind, and avoiding the infinite shades of gray.

Success will be measured by how well you can adapt to the “rules” or metrics of your environment, or control the environment to your advantage. It’s how well you can fill your social, cultural or economic niche.

And that’s why studying biology and evolution is essential to everyone.  Period.  Know your niche and optimize it.

Tags: biological basis of business, business, education, finding your niche, ideas, malcolm gladwell, marketing, niche, seth godin, what the dog saw

Book Review: Switch by Chip & Dan Heath

I’m just finishing “Switch: How to change things when change is hard” by Chip and Dan Heath.  As I’m sure everyone who knows me knows, Chip & Dan Heath wrote one of my all time favorite “business” books, “Made to Stick” which talks about how to express ideas so they’re memorable and make an impact.  When I found out they had a new book coming out, I immediately placed a pre-order with Amazon.  Shortly before the release, when I got an email from one of their assistants asking me if I’d like a copy sent to me, I said “Of course!”  I was flattered that they knew I was a fan of their work and reached out, and I was excited to be able to read the new book.

I’ve ended up with two copies of Switch now (my pre-order and the promotional copy) and I am thrilled to have two, since it’s a book my husband is now starting as well, and this will eliminate any book battles at bed time, akin to our competition to read the last Harry Potter, when the first one to bed got to read the book and the other had to wait until the next night for a crack at it.

I love books that seem to get to the fundamental nature of problems and conflict, boiling things down into their essence and parts, so you have a new lens or template through which to view the world.  Made to Stick did this very well, condensing disparate parts and pieces of what makes stories, ideas, and messages of any sort memorable into a template of sort that helps me every day when I look at how to present ideas to others in a compelling way.

Switch takes on the huge problem of why change seems so almost physically painful, whether that change is personal or professional.  When we look at a big problem, like education or healthcare, it can seem impossible to tackle.  The problem seems too big.  There seems to be no good place to dig in and start making a change, and there seems to be too many external restraints that need to be overcome to make the problem seem remotely doable.  It may be written off as a “cultural problem” or a “system”problem or even a “few bad apples” problem, but in the end, a few small changes can often lead to cascading change, much like Malcolm Gladwell talked about in The Tipping Point.

Switch starts out with an analogy that change can be like a rider on an elephant on a path.  The rider is analytical by nature, the elephant is big and emotional, and the path is the things that need to be done to move forward to get to the destination that we all aspire to by creating change.  While I was initially not in love with this analogy, but it works in the book as a tool to frame out the different parts of creating successful change or innovation in any group or situation.

For change to be successful, all three of these components need to work together- the facts and numbers analytical portion must be happy; the moody and resistant portion of the group must be reasonably happy and convinced that they’ll give change a try, and the pathway needs to be clear enough and short enough to motivate the riders and elephants to choose it as an option or alternative to the status quo.

Let’s take a personal situation and apply this formula. (It’s easier than solving healthcare in a blog post.)

I just walk/ran my second half marathon.  For someone who just really started a concerted fitness program seven months ago, this would have seemed like a silly and crazy thing to even consider a year ago.  My elephant knew I needed to get in shape and get healthier, but there always seemed to be a reasonable excuse to avoid the gym- the pathway to health and fitness seemed foggy and the goal was noble but not specific and defined.  My “rider” knew what I needed to do, but we needed to construct a path to get there.

One of the steps was finding a personal trainer.  This way, I get to work out privately, and I’m coached so I pushed myself more than I would on my own- I have someone to impress.  I have an appointment to keep, and I’m not discouraged by the extra-fit others that are already at my destination, but just show me how much farther I have to go, causing a distraction from the smaller steps I need to take every day.

Another huge step was to find big external goals to work for, like these half-marathon events.  The distance events are like the end of a semester exam, as much as measurements of strength or pounds or inches lost are.  They are a test of strength, endurance and preparation, and show me what I can accomplish, as well as providing a comparison point for past performance.

By creating a pathway with many little goals along the way and big tests, the goal of better health becomes more achievable and more doable.  Every day behavior like skipping workouts or eating too much crap has its own built in penalties- for any endurance event, you pay the price for everything you did right or wrong along the training path.  This then makes the daily changes a bit easier to do as well, knowing the big wall is coming up fast as the race approaches.

I need the numbers- the analysis of the progress to satisfy my rider.  I need to feel good about myself and the changes that are occurring to satisfy the elephant, who might rather be eating girl scout cookies and watching Project Runway.  And all of this is easier when the path is much more specific, clear, and the change looks doable in its chunked-out parts.  It makes even thinking about doing another half-marathon possible, because I know the change is possible and the next goal is attainable, because I’ve done it before.

The brilliance of Switch is that this formula is tied into Maslow’s heirarchy of needs and one that applies to almost any situation.  For example, most of the strategies suggested to help kids with ADHD succeed in school involve not trying to fundamentally change the child, but change the environment to help the child do what’s needed.  Checklists of chores takes the amorphous “Do your chores” and breaks it down into specific, doable tasks, itemized and specific.  Showing a child how to be a bit more organized, and giving them tools that help ensure that they can keep the system up, with frequent checks, develops new, more constructive habits.  Getting rid of the daily speedbumps that turn a child off course- whether that’s always having things ready the night before to avoid morning panics, or smoothing the homework path by putting all their tools in one box and having a set place and time for work, or even putting hooks by the door so everything is available and convenient are small changes that can lead to big results.  Change can occur even in kids known to struggle in school, but they need those small successes to satisfy the elephant who needs to feel good, and they need “stuff to do” to satisfy the rider, but the pathway and environment are just as critical to success.

IDEO, the legendary design firm, works so well because their template works to make change of systems or design of new products integrate almost seamlessly into the way things are done.  they start out with understanding the problems or issues at hand- really getting to know what’s going on and how the situation isn’t working.  They then observe people using current products, or working with a customer, to understand how things are done now, and to start to get ideas about where a system or process might eb breaking down. Then they start the brainstorming and visualizing possible solutions ot the problem.  They rapidly put together prototypes, and then evaluate and refine what worked or didn’t work with the inital attempts, to tweek and further diagnose what will work in the end.  Then, they take their final product and implement it- what Seth Godin calls “shipping”- because all the greatest ideas in the world are worth nothing if they aren’t actually put into use.  Success means shipping- you’ve got to get the ideas out the door and into the real world- where the rubber meets the road.

While I’m still thinking a lot about Switch, it’s a book that helps me tie together all the separate ideas discussed above:

- how personal change and cultural change aren’t really so different;

-how many people problems can be solved by tweeking external environments and expectations;

-how good design and understanding problems are both key to making change successful,

and how in the end, it’s all measured by the implementation, and satusfying both the numbers people and the emotional folks as well- it’s a good change if people can see the difference and that how they feel about the change may be as critical to the outcome as any other part.   Never short-change the power of dedication, passion and enthusiasm- they will carry you pretty far down even a murky path, provided the obstacles aren’t too big at first.

I would definitely recommend Switch, another excellent book by Chip & Dan Heath- and don’t worry if you don’t love the metaphor of the rider and the elephant.  Like all good mysteries, it makes more sense in the end than in the beginning.

Tags: books, change, chip & dan heath, culture, economics, education, elephant, path, rider, switch