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Archive for September, 2009

[ McKinsey Quarterly ] How companies are benefiting from Web 2.0: McKinsey Global Survey Results

September 15th, 2009

McKinsey put together a survey of nearly 1,700 executives on the impact and benefits of Web 2.0. Check it out:
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The heaviest users of Web 2.0 applications are also enjoying benefits such as increased knowledge sharing and more effective marketing. These benefits often have a measurable effect on the business.

Over the past three years, we have tracked the rising adoption of Web 2.0 technologies, as well as the ways organizations are using them. This year, we sought to get a clear idea of whether companies are deriving measurable business benefits from their investments in the Web. Our findings indicate that they are.

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[Science Daily] Logo Can Make You ‘Think Different’

September 11th, 2009

Whether you are a Mac person or a PC person, even the briefest exposure to the Apple logo may make you behave more creatively, according to recent research from Duke University’s Fuqua School of Business and the University of Waterloo, Canada.

n work to be published in the April issue of the Journal of Consumer Research, Professors Gavan Fitzsimons and Tanya Chartrand of Duke, and Gráinne Fitzsimons of Waterloo, found that even the briefest exposure to well-known brands can cause people to behave in ways that mirror those brands’ traits.

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[ Adweek] Coupon Enthusiasts Drive Up Redemption Rates

September 8th, 2009

NEW YORK Coupon enthusiasts are the driving force behind exploding redemption rates, according to new findings from Homescan, a service of the Nielsen Co.

Eighty-one percent of the units purchased using manufacturer coupons came from just 19 percent of U.S. households during the twenty-six week period ended June 27, 2009.

The most avid users, called “coupon enthusiasts,” are households that purchased 104 or more items using manufacturers’ coupons. The 10 percent of shoppers that fall into this category accounted for 62 percent of manufacturers’ coupon units. They also accounted for 16 percent of total unit sales making them a very attractive and important consumer target.

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Justin Lui – Water Clouds of Light

September 5th, 2009

Discarded water jugs are re-contextualized into a light installation. What was previously substantial and heavy now floats and ‘breathes’ with light.

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Preview of Cause & Effect at LM Projects Tonight Sept 5th from 5-7pm! Don’t Miss it!

September 5th, 2009

Opening Tonight from 5pm to 7pm!
Directions below. Park and enter through the rear of the Banco Popular Building:


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“Cause and Effect” showcases a collection of video based performances and kinetic sculpture from the mid 1960’s to the present. Though the discourse surrounding each of the selected works diverge from one another and their classification as kinetic art, they nonetheless are linked through their mechanical, temporal, and movement based components. Len Lye’s “Trilogy: A Flip and Two Twisters” serves as a point of departure for the rest of the exhibition as performance and theatrics commingle with art and engineering. Rauschenberg’s “Open Score” and emerging artist Jacob Tonski’s “Balance Study, Threshold” are performative works dependant on the action of participants, while Peter Fischli and David Weiss rely on the chain reactions of common place objects and combustibles in “The Way Things Go.”

LM Projects would like to thank Julie Martin of
Experiments in Art and Technology for her graciousness and
support, Tyler Cann of the Len Lye Foundation, Fumiko Amano
for her film expertise and enthusiasm and
The Groop for their technical and marketing support.

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Awkward!! How to Manage the Business & the Personal in Social Media

September 2nd, 2009

 

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To help make sense of all of activity around “social tools” a  good friend recently described it this way….   Twitter is like a bar, lots of conversations at the same time, in short bursts from people you are sorting out whether to stay connected to.  Facebook is like a weekend barbeque with friends (who might invite someone they know over too) and finally Linkedin is like a business conference.

Have you ever gotten a friend request on Facebook from a business associate you don’t necessarily want to know “in that way”?  Feel like they crossed the line? A simple fix is to create 2 profiles on Facebook, and give one out for business and one for close friends. But… you might be ignoring the larger trend going on here.

Social networking or the “social web” is redefining how business is done. Facebook is simply a bellweather. Organizations are adopting facebook-like features to connect staff as well as manage projects. Exciting software as as service solutions that let organizations be more aligned, connected and efficient keep cropping up from simple messaging tools like Yammer to more complex social CRM tools that like Batchbook or project management tools like Basecamp.

Gen-Y – The Millenials, see the world as more collaborative and “open source” (free music, free media, always on), and being connected via Facebook is a requirement.  It comes down to personal preference where you want to draw the line of course.  There is a risk to being “overly” connected to business associates, and there can be big benefits as well. In this changing economy, social platforms are a great way to stay in touch, share what you are up to and even find work or put out requests for answers. And, when it comes to business, the old rule always applies, we reach out to those we know or have the easiest access to.

So the two approaches you can take are first the “orthodox” model, separate personal and business profiles. This can also be Facebook for personal and Linkedin for business.
Or the “reformed” model where everyone is welcome and you connect to everyone equally.

Our belief is that brands should have faces, and the best face for a brand are its CEO, CCO, CMO etc. As people, not as companies. Even when you have Twitter or Facebook account for a company or brand it should have the voice of an actual person, there is nothing we hate more than a company sending out self promotion over and over and over and over. How would we say it.. It’s lame.

If you are uncomfortable with it and feel encroached, thats ok, but remember that they can’t tell that you are posting in your underwear.

What do you think?

Seth Epstein
Chief Catalyst, CEO

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Art Opening Saturday September 5th at The Groop’s Neighbor Art Space – LM PROJECTS: Cause & Effect

September 2nd, 2009

Featuring Nova Jiang, Len Lye, Robert Rauschengerg, Jacob Tonski, Peter Fischli & David Weiss

LM PROJECTS (Formerly know as Bank) is please to announce its first exhibition, “Cause and Effect,” showcasing a collection of video based performances and kinetic sculpture from the mid 1960’s to the present.

Though the discourse surrounding each of the selected works diverge from one another and their classification as kinetic art, they nonetheless are linked through their mechanical, temporal, and movement based components. Glenn Kaino’s “In Revolution” and Len Lye’s “Trilogy: A Flip and Two Twisters” serve as a point of departure for the rest of the exhibition as performance and theatrics commingle with art and engineering. Rauschenberg’s “Open Score” and emerging artist Jacob Tonski’s “Balance Study, Threshold” are performative works dependant on the action of participants, while Peter Fischli and David Weiss rely on the chain reactions of common place objects and combustibles in “The Way Things Go.”

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