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Are you wow blind?

Kevin asked me: “Do ‘great ideas’ possess universally some sort of Wow Factor?”

The problems with this question: What does ‘great’ mean? And who decides what ‘wow’ is?

The challenge is this: lots of people think they know what both words mean in their area of endeavor, and many of them are wrong.

Consider the case of web 2.0 companies. People like Brad Feld and Fred Wilson are brilliant at understanding what wow means from the point of view of an investor. They have great taste about what’s going to pay off. They have a sense for which teams and which ideas will actually turn into great businesses.

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How to fail

There are some significant misunderstandings about failure. A common one, similar to one we seem to have about death, is that if you don’t plan for it, it won’t happen.

All of us fail. Successful people fail often, and, worth noting, learn more from that failure than everyone else.

Two habits that don’t help:

  • Getting good at avoiding blame and casting doubt
  • Not signing up for visible and important projects

While it may seem like these two choices increase your chances for survival or even promotion, in fact they merely insulate you from worthwhile failures.

I think it’s worth noting that my definition of failure does not include being unlucky enough to be involved in a project where random external events kept you from succeeding. That’s the cost of showing up, not the definition of failure.

Identifying these random events, of course, is part of the art of doing ever better. Many of the things we’d like to blame as being out of our control are in fact avoidable or can be planned around.

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Design Thinking 101 Revisited

If you’ve visited a bookstore recently, you probably noticed there’s been a lot written lately on the subject of design thinking. Whether or not you think it’s just another trendy buzzword, the topic has been gaining momentum in the last 5 years and is beginning to spark genuine interest from both designers and business executives alike. Big brand names like GE, Proctor & Gamble and Harley Davidson  have elevated design thinking to their management ranks and Stanford University has even created an Institute of Design lead by IDEO cofounder David Kelley that believes “great innovators and leaders need to be great design thinkers.”

Could design thinking really be a management paradigm shift or is it just a bunch of hype? Could it have an impact on businesses and help to solve the world’s most wicked problems? The following is a roundup on design thinking’s tools, methodology and why you should care.

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BP’s PR and Lessons to Learn

When a crisis comes knocking-no matter how prepared companies may think they are-generally speaking, the first 48 hours will set the stage for how a company will respond and deal with the crisis. Clearly, in the case of BP and its recent disaster in the Gulf of Mexico, nobody was prepared for the magnitude and impact of such a horrific accident. Not only were there human casualties, the environmental and economic casualties continue to mount-likely for a long time. A few things make this crisis unique: first, it is not a single event that is over quickly like a hurricane, earthquake or on-land explosion which passes in a relatively short timeframe.

Secondly, the “fix” is miles beneath the ocean so access has proven to be challenging. It is also unique in that it will impact the Gulf of Mexico’s natural habitat with unprecedented damage to the environment-maybe permanently for some areas but it’s still too soon to tell. Finally, this crisis could have long term, devastating economic implications for the entire coastal region from Louisiana, Mississippi, Alabama to Florida. These states are the “coastal playground” for the entire Southeast and are dependent upon tourism, fishing and recreation.

In short, so much devastation paints a nasty picture for BP and its Top Brass. It’s what I call “bet the company” crisis communication and it requires immediate, transparent and straight forward strategies from day one. BP has done the exact opposite, waiting until last week to unfold their high profile (and expensive) ad and messaging campaign which I believe will be wasted on a large population of angry people whose emotions will run high as the consequences of the spill continue to lap onto the beaches, the marshes and wetlands and creatures of the sea.

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