January 2008

ROI – return on influence

January 28, 2008 Innovation

I really like this idea as expressed by Jay Deragon at Social Media Today: The social web is creating a reversal in the process of managing customers. People learn from people and subsequently are avoiding influence from institutions rather the conversations of people, one to one to millions, have become the power of influence…. In all cases, these are people I have ‘met’ and conversed with over Twitter, at this blog, at Seesmic or through my affiliation with the Enterprise Irregulars…. In one instance, a chance viewing of a video about telemarketing drew a response from me that led to a Skype conversation (with video) that will be reprised for the benefit of others. Developing these kinds of relationship would be impossible on a day to day basis as I am physically disconnected here in Andalucia and some of these folk are on the other side of the world…. It starts with what I call the ‘separation of the desk’ where partners sit behind an antique desk while the customer is ushered in to sit on the other side. The partner holds the hallowed papers, only decipherable by someone who spent 3-4 years in training while the poor client is meant to soak up what is said as though the wisdom of God was being handed down…. So when Jay says: Managing and acting on the intelligence gained from conversations is a much more effective way of building stronger relations.

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links for 2008-01-27

January 28, 2008 Asides

Put Together Quickly » Optimizing performance for WordPress Useful stuff that most people should be able to understand very easily (tags: blogs management plugin wordpress)

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links for 2008-01-26

January 27, 2008 General

French rogue trader costs Societe Generale £3.7 billion Makes Nick Lesson look like an amateur (tags: socgen roguetrader) We live in the conversation age and not the thinking age It’s an interesting idea but I wonder where it starts and stops? Who is the conversation aimed at? (tags: conversation information) *CPA Technology Advisor should stop [...]

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links for 2008-01-26

January 26, 2008 Asides

Kable – Council delivers flood advice via blog – 3 August 2007 spreading information through a blog at a time of crisis fits well with ideas around Budget dissemination (tags: uk floods 2.0 budget) cre.ations.net – Blog entry: iPhone 1.1.3 jailbreak released That didn’t take long now did it? (tags: iphone jailbreak) Can SAP CRM [...]

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Twittering tax advisor

January 24, 2008 General

Al Wood pointed out that this fellow, JK Harris from somewhere in the US is Twittering tax advice. Clever idea. Pity there are no more details about the fellow. I wonder if he’s the only person out there doing that for our US tax filing colleagues.

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Where's the quality?

January 24, 2008 General

This is an ongoing problem because it is difficult to see how the profession, and in particular ICAEW, can claim a certain status without solid quality checks which demonstrate a commitment to standards…. And then to cap it all, last evening an overseas colleague working in France says the acquired working papers for a job he’s on, won from a Big Four outfit that features prominently in these pages, are substandard…. But the real problem is that confidentiality and an antiquated notion of ethics often seems to prevent the conscientious practitioners from shining through. How can they explain to clients they’re doing a great job when much of what they do is ‘hidden’ yet essential stuff for which others continue to lowball? The argument will always be that the chances of detection are so low that ‘getting away with it’ as Mark Lee said in comments to an earlier post would now appear to most definitely swing both ways…. It was therefore sad to see one practitioner on AccountingWEB asking whether he was insane for offering a discount: I have recently taken on a new client and agreed a fee of £2,500 + VAT…. I have an opinion which is in the AW comments but I was particularly pleased to see a different view by Jason Dormer who said: This is clearly a man who lives and works by values and good for him in not taking the option that the majority in every trade and profession would take. He’s right of course and I suspect the impact it has had on me is in no small measure due to the fact I have been seeing so much crap in the last few days.

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Another day, another tweak

January 24, 2008 Asides

Following the Big Move, I decided on an upgrade to the theme. The changes are relatively minor but designed to improve navigation. At the left hand side I now have a tabbed section which shows the latest story across four of the most popular sections. The idea is you don’t have to go trawling through sections via the navigation bar but can quickly access each story. Hope you like it. The sponsors section has been removed temporarily – we’re doing something a bit special there of which more later – and I’ve moved the email subscription thing back to its rightful place. At least for the moment.

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KPMG technology sucks: official

January 24, 2008 Featured

If you’re in KPMG Dallas, Chicago, New York, Fort Worth – or pretty much anywhere else for that matter, you already know what the rest of the world suspects: your firm’s idea of technology sucks…. After looking around for another job, I am only eligible for jobs at Taco Bell and McDonald’s because they have an automated beeper when to take the fries out. I don’t know how to use this thing called a telephone, and is there a little man living inside, what people refer to as, a “computer”?… We didn’t get it electronically because unbeknownst to KPMG, typewriters don’t receive electronic mail messages, so I had to ask the client for another one. Well let me tell you, the client was so angry at the request, not to mention the bloodshed, that he went to his boss, who went to the CFO, who went to the audit committee, and they dropped us as auditors mad fast…. I didn’t mind these hours because this was half of the hours I was working during busy season and the people I was working with were great, when they weren’t yelling at me, and fun to be around, in-between the games of who can hit me in the eye with a paperclip the most times in a minute…. Also I don’t know where you heard that KPMG was the bottom of the big four, but remember if you start from the bottom the only way you can go is up! In closing, I might not have answered all of your questions but with the information I have provided I am confident you will make the right decision.

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Fresh faces, fresh ideas, the future

January 23, 2008 Featured

This is Matt Mullenweg, the face of the future. If you’ve never heard of him then consider this: Founder of Wordpress and the company behind it Auttomatic which makes great anti-spam software Wordpress has had 5,880,790 downloads In 2007, Wordpress.com had 1.8 million signups The company had seed funding of $1.1 million Last year it is rumoured to have turned down an offer of $200 million Yesterday Auttomatic announced having raised $29.5 million for a minority stake New stakeholders include the New York Times Born in 1984 Yesterday Chris Dalby moved my Wordpress instance…. When I look around at an aging profession where partner age is creeping up to around the 50 mark and when I’m told that you can’t do a great job unless you’ve got experience and then reflect on folk like Matt, or that Google which, according to Stephanie Olsen at News.com: What’s unique about Google is the vastness of the wealth it has created in such a short time and the impact that money could have in coming years…. But Google expatriates are likely to play a greater role in the Valley’s business and culture than any other group, bringing their company’s brainy and shoot-for-the-stars sensibilities to new tech companies, philanthropic causes, and even a wine bar or two…. As I’ve said on many an occasion, the best performing firms are those that recognise the value innovative technology brings. I don’t care that people like Matt are younger than my oldest daughter – and by some years. I care that they have the talent to go do great things…. It should because it describes the commodity that represents 60% of current fee income that I guarantee will disappear in a few years’ time.

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