My year book cashflow model

Interesting way to monetize a community.

http://www.businessweek.com/the_thread/techbeat/archives/2009/08/myyearbook_woul.html

Cool tool we should use

http://mixpanel.com/

Interesting read

Article about the advertising model dying and newspapers considering a membership fee model.

http://www.nytimes.com/2009/08/17/business/media/17ft.html?ref=business

Social networking cashflows

Quick interesting read

http://thechronicleherald.ca/Business/9012699.html

Microsoft, Yahoo! Change Search Landscape

Wow, what a day and I come home to find out that Microsoft and Yahoo have struck a partnership deal to merge there search functions in order to become more competitive and innovative in a market that is pretty much dominated by the mega search company "GOOGLE". Check out the link, this is getting very interesting!!!

http://www.microsoft.com/Presspass/press/2009/jul09/07-29release.mspx

Web 2.0 and Beyond...

As consumers gain more freedom to pursue their own interest via collaborative participation they themselves will eventually satisfy their need for information about products that suit their interests. In doing so, eventually they will trust the information obtained via collaborative participation (ie shared experiences from consumers with certain products) than information straight from the supplier. The main question that still needs to be answered is: How will businesses react when collaborative participation becomes much more relevant than any type of marketing straight to the consumer? The answer is they will have to adapt - but how?

This article offers advice to businesses on how they should combat the inevitable change in consumer behavior in Web 2.0 and beyond. Businesses will have to pay close attention to consumers’ online behavior but the solution will be summed up with one word: Innovation!!!

http://www.mckinseyquarterly.com/Business_Technology/BT_Strategy/Managing_beyond_Web_20_2389

A Winning Strategy for Innovation

The referenced topic is another publication from McKinsey that speaks on a winning strategy to promote innovation. The referenced article written by Jonathan Bays and Paul Jansen gives instances were providing certain incentives or prizes has produce some of the most innovative projects and ideas. I thought this is relative to the group and the community to have efficient ways to promote innovation. Take a look and let me know what you think.

http://whatmatters.mckinseydigital.com/innovation/prizes-a-winning-strategy-for-innovation