Facebook needs people who can create wealth not just spend it Facebook social dreaming is not enough to rival Apple See http://goo.gl/sAvLd

Posted by richard-lipscombe at 12:30 PM NZT

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Facebook must now come up with a social network solution that fits the next stage of the Internet - mobile... The current idea is to built and sell a Facebook phone - not sure how that will solve their problems though...Lets look at the core of those problems....Facebook is not geared to serve a population on the moves that accesses content via a mobile device that is linked to a cloud...Issue 1) People on the move will spend less time on Facebook so advertisers have to be both relevant and remarkable...Issue 2) Facebook on the move needs advertisements that are interactive entertainment which engage users in ways that can easily be shared across one' social network...There are more issues but those will do for starters...These are interesting times for Facebook because whatever happens the Zuckerberg team must now set about to
innovate their core social sharing model...

Posted by richard-lipscombe at 1:55 PM NZT

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Facebook may already be too big to fail - what a concept eh?... if the money being put into FB shares came/comes from the workers' 401k (superannuation funds) then surely the Obama White House must be looking at a Government bail out before the end of his Presidency...Facebook, to me, is our ' dead canary in the mine shaft' symbol of an over-hyped US economy where public goods (like social networks built on borrowed money) are more valued than wealth generating assets like the Keystone pipeline...Facebook will do us all a huge favour if it brings to a close the fascination our world has with digital social networks... the amounts of money, labour, technology, time and what passes for intellectual property being wasted on social networking is to me simply outrageous...

Posted by richard-lipscombe at 3:37 PM NZT

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Facebook is an IPO flop..its revenue model is flawed...sell your shares while you can...its a good social experiment not a good business...

Posted by richard-lipscombe at 1:42 PM NZT

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time for a rethink of the workplace...casual work will replace full time jobs...higher pay will replace fixed workplace conditions as negotiated by unions...unions will slowly fade as employees make their own decisions on where and how to work...this will be a natural evolution to accompany the inclusion of Asian talent into the global work pool...protected jobs and industries will fade out....open trade will flourish and it will attract new talent online and on the workplace floor...

Posted by richard-lipscombe at 1:00 PM NZT

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people live in a facebook, twitter, google+, ebay, skype, apple, etc world... but the businesses they work for, and within, are not geared to their new social skill sets...the workforce has moved beyond the limitations of its employers...

Posted by richard-lipscombe at 1:38 PM NZT

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C21st politics fails us 1) big issues are global not national 2) politicians are delegates not representatives 3) ideology trumps integrity

Posted by richard-lipscombe at 12:04 PM NZT

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most people, including me, cannot imagine what $US16 trillion looks like... it is too big to contemplate so most people ignore it...problem is it cannot be ignored...here is why... all the revenue raised by US federal government goes on interest payments and mandated entitlement payments...that means all the rest of federal government spending is borrowed...including spending on education, infrastructure, law and order, etc...thus the deficit on government spending is increasing by $US 1 trillion per year... enough already....

Posted by richard-lipscombe at 4:57 PM NZT

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business has changed they say.... well not so much.... business was done inside people's heads and sealed with a handshake 100 years ago... today it is still done inside people's heads and sealed with an electronic handshake...those who do the electronic handshake best do the best business deals...the electronic handshake is the experience of doing business with you as told to you, online, by your peers... the electronic handshake is the experience that others have that gives you a 100% delivery record on ebay...that handshake is priceless, it is what makes doing business today the same process as it was 100 years ago...

Posted by richard-lipscombe at 4:40 PM NZT

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social media is a mythical beast with magical powers according to progressive commentators... truth is it propagates 'group think' quickly.

Posted by richard-lipscombe at 12:45 PM NZT

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labor party wipe out in Queensland election...that is what you get if you do not tell the truth, become obsessed with yourself, and do not govern for all electors... 

Posted by richard-lipscombe at 12:43 PM NZT

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• its clear to me romney will be the next us president... what is not clear is what happens then...can america become a dynamic nation again?

• icon brands decline if they crave facebook fans and become addicted to hits on 'like' buttons..culture brands love people & dislike buttons.

•  new talent is not the new graduate or brilliant nerd behind your revenue model... it is the consumer... let them tell you what is what...

•  brand loyalty was always a myth... now it is dead and buried...brand equity is also a myth...consumer experience is what counts today...

•  china is still a poor nation but it is about to lead the world... this a big change! what will it mean for the rest of us..

• here's the thing..we are living in a fool's paradise online..replace all 'like' with 'dislike' buttons...crave negative feedback and grow.

Posted by richard-lipscombe at 12:22 PM NZT

Updated: Tuesday, 10 April 2012 7:10 PM NZT

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choose a mentor who will work with you on your strengths... choose one who always promotes difference, diversity, new ideas and challenges conformity... choose one who is generous.... choose one who can hold two contradictory ideas in his/her head at the same time... choose a mentor who is transparent in what he/she does and has no hidden agendas... choose a mentor who focuses on ideas not routines... choose a mentor who understands people and who is actively involved in the welfare of colleagues... choose a mentor who is true to his or her values at all time in the workplace... choose a mentor who has your very best interests at heart, always... choose not to have a mentor if you can not find one that fits your specific wants and needs... something like that is what I am saying to those of you who want to improve yourself in genuine and positive ways....

Posted by richard-lipscombe at 10:39 AM NZT

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social marketing is not hard... it is just not well done by most people... the obama campaign in 2008 showed how easy it is...  bonnie wise proved it in the 1950s when she use tupperware parties to build a viral marketing success... pastor rick warren built a global church based on social marketing principles... and so on... the common ingredient is a shared purpose and narrative (change we can believe in, tupperware demonstrations in suburban homes, a purpose-driven life and church)... social marketing succeeds when it creates virtuous loops... to do that it has to be both relevant and remarkable.. to be those two things the message has to anchored by the users/consumers experience of the product or service... to make that happen the users/consumers have to be embraced as the new talent in our digital economy...  it all pretty simple really because being social has been going on for more than 100 years... people have not changed....

Posted by richard-lipscombe at 11:00 AM NZT

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the western world seems to be on the back foot....  europe is imploding under the weight of debt and bureaucracy... britain is about trying to create a new society but lacks conviction....  usa is trapped in the building of an huge welfare state at the expense of wealth creation... china is turning export success into a domestic triumph without another internal revolution... the arab spring is an uprising against what existed not for a new vision.... where are the big ideas?

Posted by richard-lipscombe at 12:39 PM EADT

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I contend that we all live in "success bubbles" of our own design....  are you happy with your current bubble?

Posted by richard-lipscombe at 11:13 AM EADT

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social media is good at prepetuating the storyline, myth, spin, consensus, or group think about an issue.... it is not good at framing a conversation, debate, or discussion about an issue...  this is a serious flaw....

Posted by richard-lipscombe at 11:22 AM EADT

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facebook is being valued, a strange term, at around $US85 billion.... this does not make sense to me... facebook is a bubble....  it will implode.... what is an imploded bubble worth.... we have to wait and see....

Posted by richard-lipscombe at 1:22 PM EADT

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