Podcasts about clayton m

Clayton M Coke is the managing director of PRMS and the creator of the Cash Flow Podcast. With over 21 years of experience in debt recovery and late payments, Clayton has become an expert in helping businesses navigate the challenges of managing their finances. He is also a talented musician and songwriter, using his creative skills to produce music for his podcast and other projects.Summary:Clayton M Coke, the managing director of PRMS and creator of the Cash Flow Podcast, shares his insights on entrepreneurship, debt recovery, and podcasting. He emphasizes the importance of having a clear business mindset and making sacrifices to achieve success. Clayton discusses the challenges of starting a podcast and the value of listening and asking the right questions as an interviewer. He also reflects on the risks and rewards of being an entrepreneur and the role of cash flow in business.Key Takeaways:Establishing a clear business mindset and making sacrifices are essential for success as an entrepreneur.Listening and asking the right questions are crucial skills for conducting insightful interviews.Cash flow is a fundamental aspect of business and should be managed carefully to avoid excessive debt.Taking calculated risks is necessary for entrepreneurship, but reckless behavior can lead to financial instability.Legacy is important, and leaving a positive impact on the world is a meaningful goal for many entrepreneurs.Support the showDo you want to be a guest on multiple podcasts as a service go to:www.podcastintroduction.comFind more details about the podcast and my coaching business on:www.absolutebusinessmindset.comDo you want to be a podcaster? Sign up onwww.abmpodcastcourse.co.ukFind me onLinkedIn - https://www.linkedin.com/in/mark-hayw...Facebook - https://www.facebook.com/markjhayward​

Are you feeling buried under the weight of cashflow problems and debt management in your business?   You're not alone, and we're here to help!   In this episode of De-stress Your Business, I'm joined by the fantastic Clayton M. Coke, a legal executive turned debt recovery expert and the engaging host of The Cashflow Show.   We had an in-depth conversation about how to free your business (and yourself) from the stress of cashflow and debt recovery. Clayton shared his journey from law to cashflow, as well as exploring how to turn business financial struggles into victories.   We also dove into: The common mistakes businesses make with cashflow and how to avoid them Simple, actionable steps you can take right now to start improving your cashflow situation How your business finances affect not only your company, but your personal life as well   You won't want to miss this episode if you're looking to take control of your cashflow and kick financial stress to the curb.    ---   Helpful resources for today's episode:   The Cashflow Show podcast: https://podcasts.apple.com/us/podcast/the-cashflow-show/id1171479646 Clayton M. Coke on LinkedIn: https://www.linkedin.com/in/claytoncoke/  Cashflow ebook: https://airmanual.link/cashflow/ebook The Business Leader's Guide to Improving Cashflow   ---   Want to learn more? Join our weekly webinar and we'll show you how to free up 15 hours per week and remove the constant stress of running a business, without slowing down growth. Visit www.airmanual.co/webinar for all the details!

I am in conversation with recent AoEC practitioners diploma graduate David Paulson. David has had a very varied career with two stints as Managing Director of a manufacturing SMEs in England, many years with GE capital and many years in academia (including a PhD undertaken between Cambridge and Harvard). - NOTES AND RESOURCES The British Academy, ‘Future of the Corporation', The British Academy, 2021 an extended series of lectures, workshops, and research, with the opportunity to participate in their free summit on Purposeful Business in Policy, Practice and Business Education, 22-24 September 2021: https://www.thebritishacademy.ac.uk/programmes/future-of-the-corporation/events/purpose-summit-september-2021/ Rune Todnem, EPICally MAD - Leadership Model Improving Society, TEDx Stavanger (Stavanger, 2019) [accessed 4 August 2021] Rune Todnem, ‘Leadership: In Pursuit of Purpose', Journal of Change Management, 21.1 (2021), 30–44 Available for download here: https://www.tandfonline.com/doi/full/10.1080/14697017.2021.1861698?scroll=top&needAccess=true Carney, Mark, Value(s): Building a Better World for All (London: William Collins, 2021), especially Chapter 12, ‘Values-Based Leadership'. Christensen, Clayton M., ‘How Will You Measure Your Life?', Harvard Business Review, 88.7/8 (2010), 46–51. Available for download here: https://hbr.org/2010/07/how-will-you-measure-your-life Granville-Chapman, Katy, and Emmie Bidston, Leader: Know, Love and Inspire Your People(Bancyfelin: Crown House Publishing, 2020) Henderson, Rebecca, Reimagining Capitalism (Portfolio Penguin, 2020) Mayer, Colin, Prosperity: Better Business Makes the Greater Good, Illustrated Edition (Oxford, United Kingdom: OUP Oxford, 2018) Mayer, Colin, The Future of the Corporation and the Economics of Purpose (Rochester, NY: Social Science Research Network, 16 November 2020) . Available for download here: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3731539Watton, Emma, Scott Lichtenstein, and Paul Aitken, ‘“Won't Get Fooled Again”: How Personal Values Shape Leadership Purpose, Behavior and Legacy', Journal of Management & Organization, 25.3 (2019), 414–29 . Available to read online here: https://www.researchgate.net/publication/332481156_'Won't_get_fooled_again'_How_personal_values_shape_leadership_purpose_behavior_and_legacy

Nate and Vanessa Quigley are the co-founders of Chatbooks (the internet's favorite photo book company), and of 7 beautiful children. They met in their first year of college at Brigham Young University and were married a few short years later. Vanessa has a degree in Vocal Performance and Pedagogy from BYU, and Nate earned a BS in Accounting from BYU and an MBA from Harvard Business School. On a mission to strengthen families, Nate serves as CEO of Chatbooks and Vanessa as the Chatbooker-In-Chief. Links:O Remember, Remember, Henry B. Eyring Lean StartupPatrick Lencioni BooksHow Will You Measure Your Life? by Clayton M. Christensen

It was truly an honor to have, Clayton M. Hutmacher, Major General, USA (Ret.) President & CEO Special Operations Warrior Foundation, on todays podcast.  Please consider donating to help families of the fallen.   SPECIAL OPERATIONS WARRIOR FOUNDATION Empowering the Families of Fallen and Wounded Special Operations Forces since 1980 Mission  Special Operations Warrior Foundation (SOWF) supports America’s Army, Navy, Air Force, and Marine  Corps Special Operations personnel through two programs: (1) Ensuring full financial assistance for  postsecondary education from an accredited two or four-year college, university, technical or trade  school, as well as educational counseling, preschool grants, and tutoring to the surviving children of  Special Operations personnel who lose their lives in the line-of-duty and, (2) Providing immediate financial  grants to severely combat-wounded and hospitalized Special Operations personnel and their families. History   Special Operations Warrior Foundation (SOWF) was founded in 1980 after the daring attempt to rescue  53 American hostages in Iran, which ended in the tragic loss of eight servicemen who left behind  17 children. A battlefield promise to take care of those 17 children has become the noble mission of  the Special Operations Warrior Foundation to educate and empower over 1,300 children. Future Vision Entering our 40th year of service in 2020, Special Operations Warrior Foundation has launched the  Enduring Promise campaign. Donors, partners, and communities will unite to ensure the future success of  surviving children and families of fallen Special Operators for the next 40 years and beyond. In doing so, we uphold our solemn commitment to all Special Operations Forces as they defend our freedom and security. How we raise funds:  SOWF relies entirely on private donations to fulfill our mission and fund our programs. Donors’ generosity  provides the pathway to academic success for students and continuity of support for surviving spouses. Clayton M. Hutmacher, Major General, USA (Ret.) President & CEO Special Operations Warrior Foundation Clay Hutmacher became the President and Chief Executive Officer of the  Special Operations Warrior Foundation in September 2018. He was a career United States Army Officer and retired in 2018 having served over 40 years in uniform.  As an Army Special Operations Aviator, he commanded at every level during his three tours with the 160th Special Operations Aviation Regiment, where he served as the MH-60 Direct  Action Penetrator platoon leader, company operations officer, executive officer and commander of 1st Battalion, Regimental Commander, and the Commanding General of the U.S. Army Special Operations Aviation  Command. Major General Hutmacher's last active duty assignment was the Director of Operations in the U.S. Special Operation Command, Tampa, FL. His previous assignment was as the deputy Commanding General of the United States Army Special Operations Command at Fort Bragg, NC. A native of Wenatchee, Washington, he was awarded a Bachelor’s Degree in Aerospace Management from Embry Riddle  Aeronautical University, a Master’s Degree in National Security and Strategic Studies from the United States Naval Command and Staff College, and a Master’s Degree in Strategic Studies from the United States Army War College. 

Today Tom is speaking with Stephanie Krauss; an educator, social worker, researcher, and writer. Her work focuses on what young people need in the first quarter of life for them to thrive and be ready for adulthood. She is a senior advisor to JFF and a staff consultant for the Youth Transition Funders Group. In this episode, Tom and Stephanie discuss the ways her childhood ultimately led her to follow up her teaching career with an education in social work. Her new book, Making It: What Today’s Kids Need for Tomorrow’s World, focuses on the rarely discussed but extremely important currencies required for kids today. During the discussion, Stephanie highlights the social and financial realities of kids, the inequities and injustices that exist in the education system, and how adults can equip young people with the competencies they need to survive.   Key Takeaways: [:11] About today’s episode with Stephanie Krauss. [:43] Tom Vander Ark welcomes Stephanie to the podcast! [1:22] Stephanie chose to pursue social work to better understand the social and financial realities of kids. [3:27] The “Readiness is a Right” philosophy. [7:59] Stephanie’s book, Making It: What Today’s Kids Need for Tomorrow’s World, unpacks the complexity and explains the injustice of what is required for readiness. [12:36] Stephanie describes the new currencies she focuses on in her book, Making It. [20:11] Injustices and inequities in social capital and the role it plays in a child’s life. [25:07] How young people can be discerning about choosing credentials and cash. [27:32] Stephanie tackles the lack of access to capital/cash for students living in poverty. [31:44] Specific ways educators and community leaders can be currency builders.   Mentioned in This Episode: Stephanie Malia Krauss Making It: What Today’s Kids Need for Tomorrow’s World, by Stephanie Krauss Who You Know: Unlocking Innovations That Expand Students' Networks, by Julia Freeland Fisher, with Daniel Fisher, foreword by Clayton M. Christensen   Get Involved: Check out the blog at GettingSmart.com. Find the Getting Smart Podcast on iTunes, leave a review, and subscribe.   Is There Somebody You’ve Been Wanting to Learn From or a Topic You’d Like Covered? To get in contact: Email Editor@GettingSmart.com and include “Podcast” in the subject line. The Getting Smart team will be sure to add them to their list!  

My fantastic guest today is Shannon Lucas, former Executive Vice President at Ericsson and Co-CEO at Catalyst Constellations. She is also a co-author of the #1 Amazon best-selling book, Move Fast. Break Shit. Burn Out.: The Catalyst’s Guide to Working Well. Most of the material I see for product leaders tends to focus on “doing the job,” meaning: how you do the work of product leadership or product management. Rarely do they focus on the person themselves; in being a good leader while simultaneously driving change, working with others, and not going crazy in the process. That’s why I was so excited to be joined by my friend Shannon for today’s episode! As an expert on this topic, Shannon shares key insights on the topic from her new book, Move Fast. Break Shit. Burn Out.: The Catalyst’s Guide to Working Well, and, on how you can become the changemaker you desire to be — without getting burnt out! Shannon also provides the framework on how to become a better leader by understanding whether or not you are a catalyst yourself, as well as how to work better with other catalysts in your life. Shannon and I also discuss the emotional challenges that come along with being an agent of change and how to better cope with the uncertainty that comes with the job. If you are a product leader, grab your pen and paper! This is a not-to-miss conversation. Episode Details: with Shannon Lucas: “My belief is we need those positive changemakers… now more than ever. And there’s more and more being demanded of them. So it’s really important that we find sustainable ways to support their energy, but also give them the tools to be more effective.” — Shannon Lucas About Shannon Lucas: Shannon is an intrapreneur, innovator, entrepreneur, facilitator, and catalyst with a 15-plus year track record in technology design and implementation, technical sales, and innovation. As a global innovation executive, Shannon specializes in future trend analysis, driving innovation and intrapreneurial culture, and delivering transformational technology solutions. Her main mission and purpose is to help transform the world’s largest organizations to be more sustainable in every sense of the word — for profit, people, and the planet. Topics We Discuss in this Episode: Shannon’s career background and how she’s become the catalyst she is today Key lessons in change-making and leading impactful innovations About her new best-selling book, Move Fast. Break Shit. Burn Out.: The Catalyst’s Guide to Working Well, and how it helps catalysts see themselves, be more effective, and not burn out About Shannon’s company, Catalyst Constellations The key attributes of a catalyst and the distinguishing factors that separate them from other visionaries How to work better in a more sustainable way as a catalyst How to recognize other catalysts and equip them with the right tools and knowledge to thrive The importance of understanding the core traits of catalysts to enable better collaboration, better support systems, and create a culture that thrives Why failure at the front-end should be celebrated, not punished The common patterns and pitfalls of catalysts What catalyst burnout looks like and how to bounce back, fully rejuvenated How Shannon works with catalysts as a catalyst herself Top tips for catalysts Tools and techniques that can take you to the next level as a catalyst Product Leader Tips of the Week: If you suspect you are a catalyst (or you work with catalysts), the #1 thing you need to remember is to slow down and have some self-compassion. It is hard work to be a catalyst so you can’t be too hard on yourself (or, on the catalysts around you). To Learn More About Shannon Lucas: Shannon Lucas’ LinkedIn Move Fast. Break Shit. Burn Out.: The Catalyst’s Guide to Working Well, by Shannon Lucas and Tracey Lovejoy Catalyst Constellations Join the Galaxy Community Related Resources: The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail (Management of Innovation and Change), by Clayton M. Christensen DanielElizalde.com/Template — Download Daniel’s free IoT Product Strategy Template here! Want to Learn More? Sign up for my newsletter at DanielElizalde.com/Join for weekly advice and best practices directly to your inbox! Visit DanielElizalde.com/Podcast for additional information, show notes, and episodes. Subscribe on Apple Podcasts so you don’t miss out on any of my conversations with product and thought leaders!  

Di satu sisi, inovasi menyangkut pembaruan. Karena hidup selalu lebih baru dari hari ke hari, maka inovasi itu menjadi perlu. Di sisi lain, kita tahu justru karena hidup itu kemudian menjadi makin kompleks, ada nilai dan visi luhur yang harus terus dihidupi; dan seringkali menghidupi visi dan misi ini dengan berinovasi memunculkan dilema, memunculkan tegangan. #NALAR mencoba memahami dilema inovasi, mengapa dilema itu muncul, dan bagaimana menyikapinya. REFERENSI: 1. Schumpeter, Joseph Alois (1939). Business Cycles. 1. p. 84. Innovation is possible without anything we should identify as invention, and invention does not necessarily induce innovation. 2. Schumpeter, Joseph Alois. (1943). Capitalism, Socialism, and Democracy (6 ed.). Routledge. pp. 81–84. 3. Schumpeter, Joseph Alois. 1883-1950 (1983). The theory of economic development : an inquiry into profits, capital, credit, interest, and the business cycle. Opie, Redvers, Elliott, John E. New Brunswick, New Jersey. 4. Utterback, James (1971). "The Process of Technological Innovation Within the Firm". Academy of Management Journal. 14 (1): 78 – via Jstor. 5. Von Hippel, Eric (1988). The Sources of Innovation (PDF). Oxford University Press. 6. Christensen, Clayton & Overdorf, Michael (2000). "Meeting the Challenge of Disruptive Change". Harvard Business Review. 7. West, Michael A. (2002). "Sparkling Fountains or Stagnant Ponds: An Integrative Model of Creativity and Innovation Implementation in Work Groups". Applied Psychology. 51 (3): 355–387. 8. "The Discipline of Innovation". Harvard Business Review. August 2002. 9. Rogers, Everett M. (2003). Diffusion of innovations (5th ed.). New York: Free Press. 10. Miles, Ian (2005) Innovation in Services. In J. Fagerberg, R.R. Nelson & D.C. Mowery (Eds.) The Oxford Handbook of Innovation. 433-458. Oxford: Oxford University Press. 11. Baregheh, Anahita; Rowley, Jennifer; Sambrook, Sally (4 September 2009). "Towards a multidisciplinary definition of innovation". Management Decision. 47 (8): 1323–1339. 12. Franklin, Perú (2009). "Questioning two myths in innovation literature". The Journal of High Technology Management Research. 20: 40–51. 13. Schiederig, Tim; Tietze, Frank; Herstatt, Cornelius (22 February 2012). "Green innovation in technology and innovation management - an exploratory literature review". R&D Management. 42 (2): 180–192. 14. Bhasin, Kim (2 April 2012). "This Is The Difference Between 'Invention' And 'Innovation'". Business Insider. 15. Green, Emma (20 June 2013). "Innovation: The History of a Buzzword". The Atlantic. 16. Edison, H., Ali, N.B., & Torkar, R. (2014). Towards innovation measurement in the software industry. Journal of Systems and Software 86(5), 1390–407. 17. Blok, Vincent; Lemmens, Pieter (2015), "The Emerging Concept of Responsible Innovation. Three Reasons Why It Is Questionable and Calls for a Radical Transformation of the Concept of Innovation", Responsible Innovation 2, Cham: Springer International Publishing, pp. 19–35. 18. What's the Difference Between Invention and Innovation?", Forbes, 10 September 2015 19. Rubin, Tzameret H.; Aas, Tor Helge; Stead, Andrew (1 July 2015). "Knowledge flow in Technological Business Incubators: Evidence from Australia and Israel". Technovation. 41–42: 11–24. 20. Christensen, Clayton M.; Raynor, Michael E.; McDonald, Rory (1 December 2015). "What Is Disruptive Innovation?". Harvard Business Review.

Drew Silverstein is the co-founder and CEO of Amper Music which is a tool based on artificial intelligence that empowers anyone to create unique and professional music instantly. It’s a very cool tool for people who want to create music for their videos or any other application but might not know how to do it nor have the money to hire someone else to do it for them.Having a tool like artificial intelligence that makes music-making easier and cheaper can be very valuable but can also be very disruptive to an industry that relies on composers for library music, for example.However, technology will always make things easier and more accessible, so why should the music industry be immune to that? In fact, it never has.It’s a super interesting topic and it was a pleasure talking to this and more with Drew and I hope you will enjoy our conversation as well.In this interview, we spoke about:• How AI will take over library/stock music and the lower tier of music production• Functional vs Artistic music and how we value music• How we can embrace and take advantage of AI in the music industry• The fear of losing your job to AI• Favourite books and how Drew has implemented some of them in his life• If Amper will be able to create vocals for your projects• How Drew views quitting vs staying persistent• How Amper’s technology was created• Favourite failures and the importance of failing forwardAnd much moreCheck out Amper Music:https://www.welcome.ai/amper-musicAnd Drew Silverstein:http://drewsilverstein.com/Books Mentioned In The Episode:The Last Lecture by Randy PauschHow Will You Measure Your Life? by Clayton M. ChristensenRed Notice: A True Story of High Finance, Murder, and One Man's Fight for Justice by Bill BrowderNo Room for Small Dreams: Courage, Imagination, and the Making of Modern Israel by Shimon Peres►► Join The Audio Tribe To Get Exclusive Access To Interviews, Private Q&A’s And Live Streams: https://www.youraudiosolutions.com/exclusive-access

A principle taken from Clayton M. Christiansen's book “ how will you measure your life?”

During this 4th of July 2020 timeframe, Episode 3 takes the Declaration of Independence preamble and relates this historic document and its preambles iconic words to the values represented by leaders today.  The focus of this episode is on disruption, disruption to our health care system, our economic system and the current spotlight being placed on longstanding racial discrimination and inequality.Sources include:Christensen, Clayton M. (1997). The innovator’s dilemma: when new technologies cause great firms to fail. Boston, Massachusetts, USA: Harvard Business School Press. Dillon, Karen, Guest Editor, MIT Sloan Management Review (Spring 2020, Volume 61, Number 3), What will it take to innovate and compete over the next decade? Cambridge, Massachusetts, USA: MIT Sloan Management Review. Poo, Al-jen and Shah, Palak, The Future of Work Isn’t What People Think it is, May 7, 2020. New York, New York, The New York Times.

#Innovation, Leading from the future and #FutureOfWork Work 2.0 Podcast #Work2dot0 #Podcast In this podcast, Marc Johnson discussed his book leading from the future. He shared a strategic mindset needed to ensure businesses stay futuristic and promote innovation through tough times. He shared some insights into what defines an inspirational organization. This is a great leadership podcast to help enterprises to maintain their innovation pipeline. Mark's Book: Lead from the Future: How to Turn Visionary Thinking Into Breakthrough Growth by Mark W. Johnson, Josh Suskewicz https://amzn.to/2Vg3ilw Podcast Link: iTunes: http://math.im/jofitunes Youtube: http://math.im/jofyoutube Mark's BIO: Mark W. Johnson cofounded the strategy and innovation management consultancy Innosight, with Clayton M. Christensen in 2000. (Innosight was acquired by the Huron Consulting Group in 2017.) He's the author of the previous books Dual Transformation and Reinvents Your Business Model and the McKinsey award-winning Harvard Business Review article "Reinventing Your Business Model." Mark lives in Belmont, Massachusetts. Some Questions we talked about: 1. Explain your journey to your current role? 2. Could you share something about your current position? 3. What does your company do? 4. What are the future of work, workers, and the workplace? 5. What is the definition of a good futureproof employee/team/company? 6. Why write about this book? 7. How can even the most complacent companies catalyze visionary-driven growth? 8. How can leadership teams develop a vision from scratch, connect it to a strategy, and then program and implement it in the best possible way? 9. How can an organization embed future-back thinking in their organization's C-suite and its wider culture? 10. How has a firm vision and a long-term planning horizon allowed such unicorns as Amazon and Google and long-established enterprises like Procter & Gamble and J&J to sustain their growth? 11. What is the fabric of a good visionary organization? 12. What are some role-models of the visionary organization? ... Read more at: https://work2.org/discussing-intentionalintegrity-and-futureofwork-with-chestnutrob-airbnb-on-work-2-0-podcast-futureofwork-work2dot0-podcast/

A lot of people are hesitant to reach out to a doctor for help. And when the issue they face is a stigmatized one like hair loss, birth control or erectile dysfunction, they’re even less likely to engage. So, how can we normalize conversations around care for these very common health concerns?Melissa Waters is the Chief Marketing Officer at Hims & Hers, a health and wellness startup out of San Francisco that seeks to eliminate stigmas and make it easier for people to access care and treatment for the conditions that impact their daily lives. Melissa brings 15-plus years of experience building top brands to her role in leading all marketing and communications for the company. Prior to Hims & Hers, Melissa served as Lyft’s VP of Marketing and Pandora’s VP of Brand and Product Marketing.  On this episode of HLTH Matters, Melissa joins Dr. Kuku to explain how Hims & Hers provides care in stigmatized categories like erectile dysfunction and sexual wellness. She shares Hims & Hers’ ambitions around normalizing these stigmatized issues, democratizing access to care, providing price transparency and delivering a high-quality experience. Listen in for insight on Hims & Hers’ stand on access to contraception as a human right and learn how the platform is building trust and credibility with consumers. Topics CoveredHow Hims & Hers empowers consumers to be part of a solution How Hims & Hers provides care in stigmatized categoriesHow Melissa thinks about digital as strictly a delivery systemDemocratizing access to care + normalizing stigmatized issuesHims & Hers’ aim to provide price transparency + quality experienceThe number of Hims & Hers clients seeing a doctor for the first timeHims & Hers’ formidable Chief Medical Officer and his teamHims & Hers’ stand on access to contraception as a human rightThe need for more research dollars devoted to women’s healthHow Hims & Hers is moving slowly to ensure safety + build trust Connect with Melissa WatersHims & HersMelissa on LinkedIn Connect with HLTH & Dr. KukuHLTH ConferenceDr. Kuku on LinkedInDr. Kuku on Twitter ResourcesThe Innovator’s Dilemma: The Revolutionary Book That Will Change the Way You Do Business by Clayton M. ChristensenThe Innovator’s Prescription: A Disruptive Solution for Health Care by Clayton M. Christensen, Jerome H. Grossman and Jason Hwang

Podcast Notes Key Takeaways Open Borders by Bryan Caplan, illustrated by Zach WeinersmithIt’s about the science and ethics of immigrationThe author makes a strong case about why having open borders is the “most and best economic thing we could possibly do for ourselves and for others” – Kevin KellyHow Buildings Learn by Stewart BrandThe author makes the argument that buildings should be designed in a way that makes them easily modifiable“You’re going to design it for certain uses in mind and like all predictions, most of these buildings will be not used over the long-term for what they were originally built for” – Kevin KellyThe Innovator’s Dilemma by Clayton M. ChristensenThe book shares the idea that there’s a dilemma with innovation: In the short-term, it makes more sense to incrementally improve what’s already working since that’s where the majority of your revenue is coming fromFinite and Infinite Games by James P. CarseWith finite games, there are winners and losers. They are also called a zero-sum game as for each winner, there is a loser. In infinite games, there are no fixed winners or losers. The purpose of the game is to keep the game going. It is a positive-sum game. eval(ez_write_tag([[250,250],'podcastnotes_org-medrectangle-3','ezslot_2',122,'0','0']));eval(ez_write_tag([[250,250],'podcastnotes_org-medrectangle-3','ezslot_3',122,'0','1']));Read the full notes @ podcastnotes.org#432: Books I've Loved — Kevin Kelly | Brought to you by Audible.Welcome to another episode of The Tim Ferriss Show, where it is my job to sit down with world-class performers of all different types—from startup founders and investors to chess champions to Olympic athletes. This episode, however, is an experiment and part of a shorter series I’m doing called “Books I’ve Loved.” I’ve invited some amazing past guests, close friends, and new faces to share their favorite books—the books that have influenced them, changed them, and transformed them for the better. I hope you pick up one or two new mentors—in the form of books—from this new series and apply the lessons in your own life.Kevin Kelly (@kevin2kelly) might be the real-life most interesting man in the world. Kevin is Senior Maverick at Wired magazine. He co-founded Wired in 1993, and served as its executive editor for its first seven years. His most recent book is The Inevitable, which is a New York Times and Wall Street Journal bestseller. His other books include the best-selling New Rules for the New Economy, the classic Out of Control, and his summary theory of technology in What Technology Wants. From 1984–1990 Kelly was publisher and editor of the Whole Earth Catalog. He co-founded the Hackers’ Conference, and was involved with the launch of the WELL, a pioneering online service started in 1985. He also founded the popular Cool Tools website in 2003.Recomendo is his free, weekly newsletter that gives you six brief personal recommendations of cool stuff.Note from the editor: This episode was recorded in late 2019.“Books I’ve Loved” on The Tim Ferriss Show is brought to you by Audible! I have used Audible for many years now. I love it. Audible has the largest selection of audiobooks on the planet. I listen when I’m taking walks, I listen while I’m cooking… I listen whenever I can. Audible is offering Tim Ferriss Show listeners a free audiobook with a 30-day trial membership. Just go to Audible.com/tim and browse the unmatched selection of audio programs. Then, download your free title and start listening! It’s that easy. Simply go to Audible.com/tim or text TIM to 500500 to get started today.***If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests.For show notes and past guests, please visit tim.blog/podcast.Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Interested in sponsoring the podcast? Please fill out the form at tim.blog/sponsor.Discover Tim’s books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissFacebook: facebook.com/timferriss YouTube: youtube.com/timferriss

Join in on the conversation around regenerative capitalism and if/how capitalism can be made regenerative by tweeting @volansjohn and @nori, and you will automatically be entered to win copy of John Elkington’s latest book, Green Swans: The Coming Boom in Regenerative Capitalism!   Most of us are familiar with Nassim Nicholas Taleb’s concept of a black swan: an unforeseen, adverse event with off-the-scale impact. But what if we were to flip this concept on its head? In his new book, John Elkington envisions a world where capitalism transforms to serve people and planet, where the black swan problems currently leading us to exponential breakdown are mitigated by green swan solutions taking us exponentially toward breakthrough.   John is an internationally recognized authority on corporate responsibility and sustainable development, bestselling author, and serial entrepreneur. He currently serves as Chief Pollinator at Volans, a future-focused business working at the intersection of the sustainability, entrepreneurship, and innovation movements. Today, John joins Ross and Paul to discuss his most recent book, Green Swans: The Coming Boom in Regenerative Capitalism, and explain how a green swan differs from a black swan event in its potential for an exponentially positive impact.   John goes on to discuss the idea of regenerative capitalism, explaining why he doesn’t trust incumbents to lead the movement, how we can approach new ventures with a regenerative mindset, and why he suggests transforming the current system rather than scrapping capitalism altogether. Listen in for John’s insight around the unintended consequences of implementing new technologies, and find out what green swans might arise out of the COVID-19 pandemic.   Key Takeaways   [2:52] What John is trying to communicate through Green Swans Black swan = unexpected event, exponential negative impact Raise question re: exponentially positive trajectories   [5:52] How John defines a gray swan and a white swan Gray swans have massive negative impact but were foreseen White swan = template for anything with exponential impact    [8:27] John’s concept of regenerative capitalism Social movements must engage with markets + business Reprogram key parts of system to build resilience   [11:17] The potential for oil and gas to lead the movement Fundamental distrust of incumbents in old economic orders Reptilian instincts, try to undermine opposition   [13:49] Why we shouldn’t just get rid of capitalism Market activity gone on for thousands of years Reform with government, regulatory involvement   [15:57] How to start new ventures with a regenerative mindset Leverage approach of B Corp movement Requires transformation of financial market   [22:19] How a regenerative focus might heal the political divide Potential for transfer of wealth from urban to rural Still dispossessed by tech (automotive, dairy industries)   [25:57] Nori’s potential role in establishing regenerative capitalism Evolving ecosystem of likeminded companies Operate as standard setter of what is regenerative   [30:08] What we need to know about Thomas Midgley  Chemist/engineer with patents for leaded gasoline, freons Single organism who did most damage to planet   [33:26] How to cultivate leaders who put the community’s needs first Reach out to people don’t understand, make uncomfortable Develop ability to listen for weak signals of change   [36:25] What green swans may arise out of COVID-19 Commitment to air quality, places to walk and cycle Universal basic income (has own unintended consequences)   Connect with Ross & Paul    Nori Nori on Facebook  Nori on Twitter Nori on Medium Nori on YouTube Nori on GitHub Nori on Patreon Nori Newsletter Email podcast@nori.com  Nori White Paper Subscribe on iTunes Carbon Removal Newsroom   Resources   John’s Website John on Twitter Volans John Elkington on RCC EP028 Green Swans: The Coming Boom in Regenerative Capitalism by John Elkington The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb Books by John Elkington People of the State of New York v. Exxon Mobil Corporation Hyman Minsky Kate Raworth Mariana Mazzucato Business Roundtable  The Innovator’s Dilemma: The Revolutionary Book That Will Change the Way You Do Business by Clayton M. Christensen Certified B Corporation Richard Roberts’ Series on Shareholders vs. Stakeholders RethinkX Thomas Midgley ‘To an Uneducated Ruler’ by Plutarch Leaders’ Quest The Finnish Basic Income Experiment Regenerators John Fullerton at the Capital Institute Janine Benyus at the Biomimicry Institute

Mormons have interesting proscriptions. Some are more open to interpretation than others, and how they are interpreted has changed over our history. We look at the Word of Wisdom, rated R movies, and the Sabbath day as three examples. D&C 89: The Word of Wisdom https://www.churchofjesuschrist.org/study/scriptures/dc-testament/dc/89 Word of Wisdom gospel topic https://www.churchofjesuschrist.org/study/manual/gospel-topics/word-of-wisdom Thomas G. Alexander, "The Word of Wisdom: From Principle to Requirement", Dialogue: A Journal of Mormon Thought 14:3 (1981) pp. 78–88. http://www.dialoguejournal.com/wp-content/uploads/sbi/articles/Dialogue_V14N03_80.pdf Handbook 2 on Word of Wisdom (21.3.11) https://www.churchofjesuschrist.org/study/manual/handbook-2-administering-the-church/selected-church-policies-and-guidelines/selected-church-policies “Vaping, Coffee, Tea, and Marijuana,” New Era article, Aug 2019 https://www.churchofjesuschrist.org/study/new-era/2019/08/vaping-coffee-tea-and-marijuana Eric’s Twitter conversation about green tea https://twitter.com/thmazing/status/1161372166127902720 Wow there is a lot of research about the comma in vs. 13 of the Word of Wisdom.  This article especially is great: A. Jane Birch (2014). “Questioning the Comma in Verse 13 of the Word of Wisdom.”  Interpreter: A Journal of Mormon Scripture 10: 133-149 https://journal.interpreterfoundation.org/questioning-the-comma-in-verse-13-of-the-word-of-wisdom/ Hello Internet episode including discussion of The Game Changers, a documentary “about plant-based eating, protein, and strength” http://www.hellointernet.fm/podcast/130 https://www.netflix.com/title/81157840 Kurzgesagt: Why Meat is the Best Worst Thing in the World https://www.youtube.com/watch?v=NxvQPzrg2Wg Word of Wisdom Wiki https://en.wikipedia.org/wiki/Word_of_Wisdom To the “Youth of the Noble Birthright” - President Ezra Taft Benson, Spring 1986 General Conference, Priesthood session https://www.churchofjesuschrist.org/study/general-conference/1986/04/to-the-youth-of-the-noble-birthright For the Strength of Youth https://en.wikipedia.org/wiki/For_the_Strength_of_Youth https://www.docdroid.net/eVNYkuG/1990-for-the-strength-of-youth-lds-standards-of-conduct.pdf#page=12 Gospel topic on the sabbath day https://www.churchofjesuschrist.org/study/manual/gospel-topics/sabbath-day Decisions for Which I've Been Grateful by Clayton M. Christensen (specifically the fourth decision about basketball on Sunday) http://www2.byui.edu/Presentations/Transcripts/Devotionals/2004_06_08_Christensen.htm Kim Ho Jik: Korean Pioneer, by Denny Roy (starting with “Brother Kim also made a memorably bold statement of dedication to his faith..”) https://www.churchofjesuschrist.org/study/ensign/1988/07/kim-ho-jik-korean-pioneer Church Updates Temple Recommend Interview Questions https://newsroom.churchofjesuschrist.org/article/october-2019-general-conference-temple-recommend

Did you hear the one about the teenage boy who gave up his scholarship to Syracuse to stay home and help raise his siblings, then later funded his way through college by acting in national TV commercials, and then after graduation sold insurance to the rougher areas of town where the other agents didn't want to go? You know, the one where he then used those life skills to build multiple, multi-million dollar companies, learned to fly, produced award-winning Hollywood movies, and served in local government, and now shares tips with us how? Well if you missed that one, catch it here on The Remarkable People Podcast Episode 4: The Gene M. Valentino story! SHOW NOTES:Founding president of CellularOne, pioneering visionary of the online payment industry, serial entrepreneur, local government leader, major motion picture award-winning executive producer, race car driver, recreational pilot, and remarkably nice guy, Gene M. Valentino shares some of his life story with us. This podcast is filled with sound business knowledge, professional tips, and key life lessons that we can all use to "succeed" in life. Enjoy!SPECIAL OFFERS & LINKS MENTIONED DURING SHOW:Check out Gene's real life "Batcave" documentary series:Part 1: Creation of the "BatCave" for ICON A5 HangarPart 2: Icon A5 Batcave: Pt 2 with Gene ValentinoCONNECT:Website: GeneValentino.comHolding Company Info: (link here)Social Media:FacebookBOOKS & RESOURCES MENTIONED: The Innovator's Dilemma by Clayton M. ChristensenEPISODE SPONSOR(S): Courtyard by Marriott, 9 Mile Road, Pensacola, Florida (Coming Soon -Spring 2020!)*****ENJOYING THE PODCAST? :)Please consider leaving us a short review on Apple Podcasts and your other favorite podcast directories. It only takes seconds and really makes a powerful difference in us booking well-known guests for you to learn from and enjoy. LOOKING FOR SHOW NOTES, PAST GUESTS, AND TRANSCRIPTS?Please visit DavidPasqualone.com/RPPINTERESTED IN SPONSORING THE PODCAST?Please check out DavidPasqualone.com/SponsorInfoFOLLOW DAVE:Twitter: @DavePasqualoneInstagram: @DavidPasqualoneFacebook: Facebook.com/david.pasqualoneLinkedIn: Linkedin.com/in/dpasqualoneTHE NOT-SO-FINE-PRINT DISCLAIMER:While we are very appreciative of our guests, please understand that we do not agree with all of their views and positions. Thankfully we live in a country that protects our freedoms and allows us to practice the constitutional right of free speech, and the universal gift of God's free will. That's it, the whole disclaimer. Now go and enjoy another episode!

På kort tid har många snabbmatsställen ökat sitt utbud med köttfria alternativ. Vad är det som gör att den klassiska hamburgaren utmanas av plantbaserade alternativ? Beror det på klimatförändringarna, djurhållningen eller den egna hälsan? Dan och Philip ställer sig frågan om trenden med plantbaserad snabbmat blivit mainstream. I dagens avsnitt får du höra vad den professionella kocken och entreprenören Sebastian Schauermann från Taku-Taku tänker om vego-trenden och veganturismen som ökar trycket på hans restauranger. Du får även tips om böckern Crossing the Chasm av Geoffrey A. Moore och The Innovator’s Dilemma av Clayton M. Christensen. Även teorin kring Innovation of Diffusion tas upp som ett exempel på vart i vegotrenden vi befinner oss.

Cette semaine je reçois à Mexico, Philippe Cahuzac, fondateur de la marque de meubles Gaia. Pour ce qui ne connaissent pas cette marque, c’est un peu l’équivalent de Made.com en France.Philippe s’est très tôt expatrié sur le continent américain. Après une école de commerce en France, il a travaillé 4 ans en Private Equity en Argentine avant de partir faire son MBA aux Etats Unis. C’est à la fin de sa première année de MBA qu’il a idée de Gaia et à peine 2 semaines après son diplôme, il part s’installer à Mexico pour la monter.4 ans plus tard, Gaia est une des plus belle success story de l’eco système strartup mexicain avec 300 employés, 12 boutiques et 50 millions de dollar de chiffre d’affaire prévu pour 2019.Dans cet épisode, Philippe nous raconte les débuts de Gaia, de l’analyse de marché aux premières étapes du lancement. On parle aussi des défis financiers, humains et d’organisation liés à la croissance rapide de sa boite. Et évidemment on parle du Mexique, de ses opportunités et de ses challenges.Le livre que recommande Philippe :Innovator’s dilemma - Clayton M. ChristensenComme toujours si cet épisode vous plait, le meilleur moyen de me le dire c’est de :Laisser 5 étoiles et un petit commentaire sur itunes/Apple podcastVous abonner au podcast :)Et pour ne rien rater de mes aventures, ça se passe sur Instagram @jump_thepodcast. Voir Acast.com/privacy pour les informations sur la vie privée et l'opt-out.

This episode we set the record straight: sometimes we need another perspective on things. That's why we brought on Lauren Wolcott who really changed our perspective on how to be a modern church looking to talk to modern people. It's about meeting human needs, not building robot pastors to try and be cool. Let's get modern! Featuring- Lauren Wolcott To Learn More check these out: https://caspertk.files.wordpress.com/2015/04/how-we-gather.pdf https://www.amazon.com/Clayton-M.-Christensen/e/B000APPD3Y Rate! Review! Share! Subscribe! Buzzwords: No long intro, Lutheran education, Fostering creativity, Ya missed me, Just Googled it, Love of Liturgy, Worship, New pair of lenses, Robe on the floor, Stabilize...enhance...expand, and Unapologetically uncool Check out tohellwiththehotdish.com for show notes, to subscribe to the e-mail and more!

In this episode @itstheandre speaks with Markus Düttmann about Augmented Creativity, Physics and the differences between AI and Machine LearningMarkus DüttmannLinkedInDCMNWebsiteInstagramScale18Website EventResources Mentioned during the episodeProbability Theory: The Logic of Science by E. T. Jaynes and G. Larry BretthorstCompeting Against Luck: The Story of Innovation and Customer Choice by Clayton M. ChristensenThibault, aka DJ Rawdia is a fantastic DJ that happily created the new songs for the Pioneers Show. Check it on Instagram. See acast.com/privacy for privacy and opt-out information.

Amazon News Amazon Prime Day this year has leaked and will be July 16-17  Amazon today announced the acquisition of Pillpack for $1b Amazon recruits small businesses, to deliver packages Amazon was fourth-largest advertiser in the US ahead of Walmart, GM and Ford. Amazon is merging 1P and 3P and the robots are winning vs merchants - "hands off the wheel" Industry News Supreme court rules in favor of South Dakota in South Dakota v. Wayfair, Inc., et al.  The ruling effectively overturns the previous Quill Corp. v. North Dakota precedent and opens the door for all states to require e-commerce sites to collect and remit sales taxes to states. Amazon stands to be the biggest winner in the ruling.  Amazon already collects sales tax on all 1P sales.  Amazon will now be able to charge 3P merchants 2.9% to collect tax for them.  Amazon 1P will be more competitive with 3P and other e-commerce sites (eBay, NewEgg, etc..). Small E-Commerce sites and marketplace sellers are the biggest losers, as they will now need to collect sales tax (and likely pay a 3rd party to do it on their behalf), and navigate a multitude of complex out of state sales tax laws that are likely to emerge. All eyes turn now turn to Congress, to see if they will pass a law to clarify/simplify the sales tax collection issue on behalf of small businesses. Listener Questions Alex Volakis asks: Should others try the Warby Parker school bus store concept. Who do you think would benefit most from it? Amit Agarwal asks: Do customers like bundled products or do they like to create their own bundles? What are different merchandising tactics used to sell a collection of products? Jill Dvorak asks: Any leadership or managing through change tactics. at the corporate level to infuse more nimbleness in established brands? "The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail (Management of Innovation and Change)" by Clayton M. Christensen "The Lean Startup" by Eric Ries Don't forget to like our facebook page, and if you enjoyed this episode please write us a review on itunes. Episode 136 of the Jason & Scot show was recorded on Thursday, June 28th 2018. http://jasonandscot.com Join your hosts Jason "Retailgeek" Goldberg, SVP Commerce & Content at SapientRazorfish, and Scot Wingo, Founder and Executive Chairman of Channel Advisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing. Transcript Jason: [0:25] Welcome to the Jason and Scott show this is episode 136 being recorded on Thursday June 28th 2018 I'm your host Jason retailgeek Goldberg and as usual I'm here with your co-host Scot Wingo. Scot: [0:40] Hey Jason welcome back Jason and Scott show listeners. Well Jason listeners that are paying very close attention will notice we took a little bit of summer vacation off so we haven't really podcast for last couple weeks but it's exciting to get back to it and we have a lot of news report on and some analysis of some big things that happened in e-commerce of the last couple of weeks plus we've had some listeners very patiently waiting some for with some questions that they wanted to ask us so that's going to be rude the real focus of the show tonight. So let's start off with some. Amazon news your margin is there. It wouldn't be a Jason Scott show without some Amazon news and there is no shortage today we're going to go through kind of the cream of the crop here so that the big one is and I know you've been on pins and needles Jason like I am is when is Amazon Prime day well it has leaks and it looks like it's going to be July 16th to 17th and like last year they're going to do kind of the day of the half of deals so I'm pretty excited I've been saving some of my Gadget money on the side and I'm going to be watching carefully to see what's offered this year. Jason: [2:04] Yeah I am right there with you it's it feels like as the as it gets more and more in French do not do the deals and stuff get better every year and I think there's been some interesting evidence that it's now starting to have a meaningful impact on back-to-school that people are literally. Like planning their back-to-school spend around Sunday. Scot: [2:25] Yeah any gadgets on your wishlist or I think you already have every flavor of the Amazon Echo if it's cracked but anything not that you don't have. Jason: [2:35] So to be honest of the stuff that's currently available I there's nothing on my wishlist so I'll be. Curious to hear if there's some deal that usually it'll be a deal on something that entices me or something that's relatively new released there are some new fire products that I don't have but I'm not sure I really need to add him to my repertoire. Scot: [2:58] Got it I I save all year for my little accessory cables so I'll probably be buying like 20 iOS cables and USB C use and we go to those like crazy at my house so this is my time of year when I stock up on all that good stuff. Jason: [3:14] My wife thinks I have a hoarding problem with those things and I like but I'm not smart enough to wait for the deal so I you know I get my eyes I would be the one customer that would do the subscription service from anchor. Scot: [3:26] Yes I Do by a lot of anchor product on Prime day that's like there the juicy stuff I keep an eye out for. Jason: [3:32] Yes and I'm a little OCD about it I like I have much cooked my cables color coded so I got all my lightning cables are red and All Nite Nite my USB or black so I can. Easily visually identify what I need. Scot: [3:50] Brickell there was a big acquisition today I know that you're probably excited about cuz we've talked about this category on the show did you see that one. Jason: [3:56] I did I did and I have to go back and check our predictions but I think this is even one of my predictions for the air which I'm so excited about. Scot: [4:05] Darn it. Jason: [4:07] Yes I I thought you might not have considered that but there today Amazon announced that they acquired a company called pillpack and this is a 1 billion dollar acquisition which is not the biggest obviously with with Whole Foods but on the bigger side of the Acquisitions for Amazon and pillpack is a male fulfillment Pharmacy. They specialize in custom packaging so their primary customer are. Dogs that have chronic conditions and have to take multiple prescriptions daily and pill pack make these. Custom packages of their particular caplet so you get this right you know nicely old. Baggy of the pills you're supposed to take everyday and so that simplifies life for a lot of people that have to take a lot of medications. And it is a good customer experience and arguably. [5:04] It is in and of itself a nice way to reduce friction and improve the. The prescription processed but I think the reason most people are are super interested in the Amazon acquisition is less because of their unique Twist on mail-order prescriptions and more the fact that. This is Amazon buying a licensed Pharmacy and jumping into the pharmacy space with two feet. We've seen them sort of toad it before course they they made an investment in drugstore.com many years ago and last year they got a bunch of. Medical equipment pharmaceutical licenses in a bunch of states which allowed them to sell like. [5:47] Oxygen dispensing equipment and gloves and a lot of the the medical equipment but this is now giving them access to actually fill. Prescription medications and so you know a lot of us have been speculating that this would be another industry that Amazon would attack. And you're as usually happens with these things with Amazon. That you know I think they're market cap went up by you had ate the investment a billion dollars their market cap went up by like 15 or 20 billion today depending on what time you looked, and the big pharmaceutical companies Walgreens and CVS lost about 15 billion dollars in market cap today and it was kind of funny I think Walgreens had an investor call today and and that you know that. That the Walgreens CEO at you know actually other the phrase that we we make fun of on the show all the time, that he's not very worried about Amazon that pharmaceutical Pharmacy is much more complicated than all the other categories Amazon's tackled and it'll be much different. Scot: [6:50] I'll never figure it out just like a apparel and what Macy's said there they can't figure it out return. Jason: [6:55] Exactly return Macy's is positive the returns are too complicated and all the apparel companies are positive that everyone wants to try clothes on before they order on them. And not excetera excetera usually a Bad Bet there are complications to the pharmacy but I would argue that that Amazon is very good at solving for complications. And then just a couple other sort of interesting Snippets around the acquisition there are rumors that that. Walmart was the primary acquire of pill pack and the Amazon swooped in at the last minute with a higher offer and sort of. Stole pill pack out from under Walmart. Scot: [7:40] Do you know if I know Amazon with myself registering in a bunch of States just go back to them into all the us or you know. Jason: [7:51] I don't think so but I think he'll pack has only certain states that they had access to and there still is a pretty big bear you're like like still having the pharmaceutical licenses one thing but really, be a hundred percent in the pharmacy space you also need all the insurers. To agree to partner with you and light accept your. Your claims against all the various insurance companies and so what would a lot of the traditional pharmacies think is the big barrier to Amazon is the Amazon doesn't have those. There's deals with all the insurers and so you know. Not sayings on can't cut all those deals and they probably will but that's potentially a multi-year process and so a lot of people are speculating that the day 1 Amazon would focus on the subset of the pharmaceutical Market that's paying out-of-pocket for for medication either because they're under uninsured or because the. Because they have some limitations or restrictions on the insurance that make them want to pay out of pocket and then you know there's. I got some speculation that Amazon would would even acquire an insurer which would then of course let them be the Fulfillment partner for that right and there's. There's that you know there's a separate initiative the Amazon is doing with Warren Buffett. [9:19] Yeah around revamping Healthcare and and you know one of the the speculated outcomes of that is a potential new insurance product that could potentially partner with and with Amazon Pharmacy. Scot: [9:30] Yeah they just announced the CEO for that energy so seems like it's getting some momentum there for those who didn't listen to kind of our predictions for the year maybe you know what what's this mean for a CVS or Walgreens near us a Amazon successfully can compete on the pharmacy side at least the pill dispensing are those things convenient enough still or do you think that this is a problem. Jason: [9:57] Yep so here's what's interesting so that the traditional drug stores that are Walgreens and CVS is. Their whole business is predicated on foot traffic coming in to fill prescriptions in so the. Like they they don't tend to be super price competitive on all the over-the-counter products that they sell in the store and they don't tend to be a destination for any of those products for very many consumers but what happens is you going to get your Lipitor and you realize. That you need some snacks or you need some tissue paper or you need some Advil or whatever the case is while you're in the store. And so have a significant number of customers no longer need to visit Walgreens to pick up their prescription. The Walgreens brick-and-mortar model literally doesn't work like there is not a like another compelling reason for traffic to go in those stores. [10:56] And so you know either that would you know put Walgreens in huge distress or Walgreens would have to sort of find some way to reinvent their their retail space. And you know most most of that analysts look at those retailers and say hey the big Investments those guys are making these are in insurance companies and they're really their their plan is to sort of pivot from being a brick-and-mortar retailer to being a. A healthcare provider that's not tied to brick and mortar. And you knows we talk about a few times on the show Amazon doesn't have to capture 50% of the pharmacy market or anything like it you know if they can take a a 10% or 15% and in the traffic of those stores. [11:38] Like that probably put them over a Tipping Point that makes those doors not profitable and so it's. A very material threat to traditional drug stores. Whether Amazon successful or not if a bunch of consumers just decide that it's better to have their Pharmaceuticals delivered to home. I'm in there many companies trying to do that then you know that puts that same stress on those drug stores, it's been interesting the kind of traditional mail order pharmacy hasn't really gained a lot of momentum so there's a insurers insurance companies drive people to mail order pharmacy and there's a percentage of. Consumers there get their stuff VIA mail order at the percentage of people that use my order has actually shrunk a little bit in the last couple of years and so it'll be interesting if. Amazon can come up with a new enough experience or these custom pill packs are a big enough value-add that they, you know permanently change that that consumer Behavior which will you know really put a challenge in the drugstores and I I would expect to see a ton of drug stores close. Scot: [12:44] It just sounds so slow mail delivery. Jason: [12:47] Yeah and maybe mail is the wrong word right like I mean you know you can imagine all kinds of same-day fulfillment centers like at the moment. You know people tend to get get the home delivery of prescriptions when they're tronic things that you take you around right and when you you know God forbid you're sick and the doctor calls in a prescription or you go see a doctor and they call in a prescription that you pick up like those are the things you're more likely to walk in and and get that but of course there's no reason that pharmacies couldn't. Prepare those those meds or Amazon you don't own pharmacies couldn't prepare those meds and deliver on in 1 hour to your house. Scot: [13:26] Yeah yes so it could be a cool Prime thing like Prime Pharmacy where yeah Auto refills the pharmacies I deal with like they never called the doctor and do stuff right so Amazon consult a lot of that stuff so. Jason: [13:41] There's a ton of friction in current experience that like we as consumers are just learn to deal with that that you can imagine someone like Amazon taking out of the experience and and make it game changing like in the in the same way that Uber disrupted the taxi industry. Scot: [13:57] Cope well that was one of your predictions of one of mine was about Amazon delivery and today there was an announcement about that sort kind of kind of even on this I guess Amazon sent out this really interesting effectively up a call to on chores to build delivery capability that that Amazon will then leverage there as we've covered on the show a lot there the really worried about the capacity out there in the network they're building their own direct this is really what I would consider a call to arms for entrepreneurs to build a 1099 kind of delivery Network yeah I talked about going out starting a business for a minimum of 10K wish you the vans that are Amazon branded uniforms and then they talk about how and their models of doing this. [14:43] You can make up to $300,000 in profit a year that's pretty interesting in. A little unknown thing is FedEx Ground did this they had they had a lot of 1099s their individuals and then there was some kind of a court thing that happened where that was deemed did they should be employees so they world all that up into businesses so when you see FedEx Ground delivery out there it is a it is a 1099 Network it'll frequently say you know FedEx Ground operated by and they'll be some little LLC brand they're kind of small down by the door. Doubt they have built a similar, Network so this is going to be interesting to see how Amazon build this out if they're certain areas they're targeting and then also what this means for the flex drivers which is more of an Uber individual kind of a thing there's a lot of work a lot of people believe the Uber 1099 model is at risk that that same kind of litigation will happen that they're actually should be treated as employees this would Guild Amazon another kind of an option on delivery if that were to happen to the flex driver thing too so so kind of covers several basis I thought that was pretty interesting. Jason: [15:55] Yeah and I in my mind I could imagine. That it's easier for Amazon to enforce and Achieve certain service levels with these. Individual with his business operators over the 1099s i e you know it's like you can require these businesses to buy these Amazon branded trucks into wear Amazon uniforms and things that are like, less convenient and economically viable to impose on individual 1099 work. Scot: [16:32] Yeah I should have mentioned it but one of the things they're going to provide is the software so there, I can give you all the software needed to run a business like this I think it's from an acquisition they did that they have kind of been using internally or maybe as part of flex and now they've there they're part of this whole deal is they will give you the software which is kind of a clever way for them to have visibility into the SLA is right they can kind of see if your using their software in the cloud presumably they be able to see you know how you're doing against LA's the required to use their software because they didn't want to be able to see them. Jason: [17:08] Yeah I mean I read through the whole program and to me it feels exactly like franchisee model like I mean they've they've completely template eyes the whole business they they give you all the processes and software like they literally have like. The Dead training program down in the hiring recommendations for these businesses and they have the whole economic model is it like they essentially say that like hey you know depending on how quickly you scale you're going to make between you're going to net between 70k and 300K a year in this business. [17:48] Anything else about the Amazon do it by the way what I just found someone interesting the Amazon delivery was this big plans PR thing and they had a bunch of media to Seattle and they you know gave the media all the story under embargo and so you know today was the big announced a and they got a bunch of press over that over all that and then it it feels like I kind of got stepped on when they announce the pillpack acquisition you know which they did none of this pre-press planning for. Scot: [18:20] Yeah yes sometimes the best plans going to get Crush by that the dip The Pride react to Walmart into that position was on its own timetable that they couldn't control and it just kind of unfortunately probably landed on the same day happen sometimes. Jason: [18:36] Another interesting thing that came out last week is at age does this evaluation of all the top advertisers every year and a surprise, appearance on the top 10 list was Amazon as the fourth largest Advertiser in the United States so they're spending more on Advertising then folks like for GM and they're the retailer that spending a listen advertising so they're actually spending more and advertising than Walmart it. Scot: [19:10] Yep that's interesting it's funny because it's for you know for the longest time basil said they would never really do marketing cuz they prefer to put all that money into shipping fee and you know that that word of mouse with mouth was the best marketing but then once they came out. With Kindle they had to really kind of start doing some marketing In and Out imagine if you looked up the bulk of that is going to be around Alexa. Jason: [19:34] Yeah no I think that's I think that's why Fair they develop a bunch of owned Brands and they've they've had the market to support those owned brands. But I do think you know that and they've kind of had them float on this they are also investing a lot more in Performance Marketing for just a core retail business at the moment then they. They have it in the recent past said so you know you leveraging Google products and things like that to drive more traffic to Amazon. Scot: [20:03] Another interesting Amazon news piece this is kind of more internal facing but I think listeners will find it pretty fascinating it was a little bit of clickbait so that you know the article came out of Bloomberg and it it showed one of the the Kiva warehouse robots and it said you know Amazon's robots are moving for the warehouse to headquarters which kind of you like what are they going to deliver pencils or what's going on what's really happening is as we've reported on the show we had to Andrea lay on and she was telling us about some projects they had internally where an AI World very frequently negotiate with indoors and they call it this whole hands off the wheel initiative, there's several layers so that there's there's vendor negotiations but then there's also you know on the first party side. [20:52] Putting machines against humans to see who can piss pick the best products to put on Amazon and buy. [21:00] And at the same time you also have the marketplace side of Amazon so what's happening is it looks like they're squishing all this together now the guy that ran the third-party marketplaces moved over to a new project that's on an ounce Peter Pharisee so they wrapped up the marketplace and the 1pt mused to be very despair teams you I would go to Amazon in in meetings and introduce people across his team so it was funny and it looks like the Common Thread there is less peep so more machines can imagine these categories because they effectively do a better job more machines doing negotiations and less people and then this kind of integration of 1p and 3p I think this is good because we found a lot of vendors get really confused and mixed messaging from Amazon where they'll go to one team in Amazon the go to the marketplace apparel team and say hey we want to do X Y and Z in those say you know oh no you have to do this that the other and then the one p team will get a whole different answer so I think this ultimately be good and you're the 3p team the three-piece cider Amazon bigger than the one piece side so I think it'll be great to have a lot of that DNA kind of mixed in there and you know there's a downside this Automation and can be pretty frustrating to companies that are used to the old school you know having going to. [22:23] Bendle and chicken someone's hand and showing them the products and those kinds of things this is essentially you can stay home and chat robot and have the same outcome of the Amazon now so you know it'll be interesting to see how vendors net out on this change but it did pretty interesting the automation you know what they at least according to Amazon's data has beat out people is as it comes to merchandising and negotiating with Thunders. Jason: [22:50] Yeah for sure who the things are interesting to me about that merger I do feel like there's a way when they were more siloed in which sellers could potentially take advantage of this I was so I do think they're brands that, wanted to sell 3p on Amazon didn't want to be one piece hours because they wanted to control their own pricing like in in principle, if you're going to be a three-piece seller on Amazon Amazon has the right to like also be a one piece seller but a lot of, Brie and seemingly fell between the cracks there and we're able to be pure 3-piece hours without being bothered by the 1p guys and there's a lot of speculation that now that one p m 3 p r kind of merging that like you know that Aunt Amazon going to be a lot more purposeful about who can be a 3p seller without without Amazon having the option to be a one piece hour. [23:46] So it'll be interesting to see how that plays out, and then that's the thing that I chuckle at with the hands off the wheel I think it's a super app metaphor if you're a very big seller on Amazon you do have a a human contact and you have this personal relationship and I think what's funny about that is it's exactly like the the safety driver in the autonomous vehicles like you know it maybe makes you feel better that there's a guy sitting in the driver seat but he actually isn't touching the steering wheel and so you can have all the good conversations and take him to dinner and do other relationship building you want. But at the end of the day it's the computer that's deciding you know what the the terms of your your trade relationship are with Amazon. Scot: [24:35] Summary of some of the Amazon highlights over the last couple of weeks biggest news item is our very own Supreme Court in the United States got involved in e-commerce and I know you have a lot of interesting insights on this one so I'm anxious to hear your thoughts about what happened there. Jason: [24:57] So this is a case that the Supreme Court heard several months ago and they they ruled I guess this would be the last week now. The actual case the Supreme Court ruled on is called South Dakota vs Wayfair Overstock and do egg and a lot of people sort of shorten it to South Dakota vs Wayfair. And essentially South Dakota passed a law that said we're going to require sell sellers. To collect sales tax when people in South Dakota buy goods from them even if the seller doesn't have. A presence in South Dakota and that there's actually a precedent. Based on a ruling the Supreme Court ruled on in 1992 that South Dakota can't do that right like there's this. President called quill which was confusingly enough it was actually quill vs North Dakota. That the Supreme Court ruled on a 1992 that essentially said. [26:03] In order for a seller to be required to collect sales tax for a given State they had to have a physical presence in that state to establish Nexus and so a lot of. Pure play online retailers. Based on that rule like avoided having a presence in big populated states so that they didn't have to charge sales tax in those States. And it actually determined where Amazon's corporate headquarters would be when Jeff Bezos was starting the company that. President was already in place and so they they pick Seattle because it was a good techhub that didn't have a huge population and wouldn't be a huge customer base and avoided. Having a presence in States like California that would be huge customer bases and in the early days of Amazon. Amazon was super restricted with their employees they wouldn't let their employees you know do business travel to the states they wouldn't let the campus recruiters like go to the the job fairs in the college dates because they were there being super careful too. Avoid establishing a physical presence so they could have avoided paying taxes. [27:11] Into this this the Supreme Court in this ruling essentially reverses that quill precedents and so so so now it's going to be possible for states to pass a law that essentially require. I'm all us out of state sellers to collect sales tax and remitted to the the states. [27:34] And you know there's a couple of interesting things in that first of all. You are a ton of the media you know I was writing about how what a big win for Mainstreet this was and you know how was a blow to Amazon and. You know that the national retail Federation you know kind of claim though it was a victory for retailers and in tax fairness and all these things. The reality is in my mind the biggest winner in this deal is Amazon and the reason I say that is because. Amazon is already collecting tax Amazon gave up avoiding that Nexus a number of years ago. They're collecting tax in every state that has attacks and the reason they do that is they wanted to put distribution centers everywhere and they wanted to put Prime now centers everywhere and they just found it. Was better for them to collect the taxes then to have all these impediments on where they could have a physical presence. So this actually makes Amazon more competitive with other online pure plays right so it it it actually makes Amazon more competitive with Overstock and Newegg and and like all these. Visa vertical specialty retailers like a faucet that you know specialize in plumbing fixtures in our aren't collecting tax. So it helps Amazon's 1p business be more competitive. [28:52] That detect the sales tax that Amazon isn't collecting is from 3-piece hours who have the option to collect the tax or not and most don't. And so this ruling is going to require all of Amazon's 3p sellers to collect tax which is actually going to make Amazon's 1p business more competitive with the 3p business so that's a win. Also Amazon charges a 2.9% fee on all sales. In order to calculate and collect tax for those 3p seller so this is a huge new service fee that Amazon is going to start collecting from all their Marketplace vendors so that's a. A big win. This ruling makes Amazon more competitive with everyone else and really doesn't hurt Amazon's competitiveness. In any meaningful way. [29:47] Which is which is interesting and I would argue a lot of the the the media and info Scott wrong when they when they first heard about this announcement. Who's probably getting hurt by this is a lot of the small sellers right if you are a a a small business that's primarily selling via 3p on Amazon and eBay. You know your your cost just went up and potentially. There are about 12,000 tax jurisdictions in the US and so every one of those jurisdictions in theory could now pass a law that says you have to collect their tax and they can each have their own rules for the tax. And So It Goes could be a huge burden to the sellers. [30:32] Track and calculate these 12,000 different tax laws and so you're not allowed to have to cut the tax but you have to pay a bunch of money to collect the tax. Properly and that is a potential big burden for the small sellers. I would argue there's very few small brick-and-mortar retailers that aren't also trying to sell online and aren't also trying to ship out of state. So you know when people talk about this benefiting Main Street it's only benefiting the dinosaurs on Main Street that haven't figured out how to launch a Shopify site yet right. And so so it is going to be a potential burden on a new small businesses. And what's going to be most interesting to watch now is that the South Dakota version of the tax law is a very mild version of the law. It essentially says that all the different cities in South Dakota can't charge their own individual taxes that that dumb. We're going to have a Statewide system that's easier for businesses to comply with. And it'll also says that the state can't collect taxes retroactively so no one's going to be on the hook for their sales over the last 5 years but. [31:44] Any new state could now pass out a more aggressive version of the law it has more burdens for the the small business and that even tries to retroactively collect taxes for The Last 5 Years and it's it's unclear based on the Supreme Court ruling weather whether the states will be able to get away with the more aggressive version of this wall so that it's it's kind of going to the tech e-commerce taxes into a little bit of chaos while this all plays out and you know I think. [32:15] Everyone's hope which seems like a long shot is that what what could really simplify all this is it Congress sort of enacted a a lot the clarified what what how State should treat the taxes and Congress could pass a national law that essentially say is all the states have to, you know follow the same system in charge the same rate and there's lots of draft of these kind of laws there was one that was drafted a couple years ago called The Marketplace Fairness Act and it could allow all the states to collect sales tax but dramatically simplify the process of collecting those taxes for all the the online Sellers and protect all the online Sellers from retroactive taxes and things like that so like the right thing to do for our economy would be for Congress to pass a law but it you know it seems like there's a lot of partisan stuff going on in Congress and you know doesn't seem like there their they're passing a heck of a lot of common sense legislation at the moment. Scot: [33:19] Another interesting win for Amazon is there's a fair number of people that don't use at ba because Amazon just parked around an FBI and if you're one of these companies that's really you know of a carefully watching where your Nexus is you can't say to Amazon you can't say two things you can't say I only want my product Cindy's FBA facilities you also can't say you know where is my product right now so I can make sure that I'm tracking where I kind of I could have Nexus or not so presumably this get rid of that both objection and now you might as well just use that Paso another win for Amazon is FBA if we're going to go to a world pretty quickly here which seems like what you're predicting where every state is charging some form of tax. The NFPA is another enough was going to get more users because it's going to be enough there are no negatives for for doing that around Nexus. How do you say so if I may say I'ma an eBay or an Amazon Seller today what do I do do I need to start, cutting taxes out there one should start that right now like what's the action item on. Jason: [34:30] Yeah so at the moment you're only on the hook for the state you have a physical Nexus and and South Dakota. The each state has to pass an out-of-state tax collection law in order for them to then put this burden on on sellers and there are a number of states that have laws going through their state legislature right now and so you like your your immediate action is that you you do need to start you do not have a tax liability in South Dakota based on this ruling but you can anticipate didn't very short order all the states are desperate for money so of course they're all going to pass along some of the legislators are in a position to do it real fast summer going to be slow and and complicated the burden is going to keep going up and almost you know certainly the the way that most sellers are going to have to do this is you're going to have to pay a third party to calculate and remit all these taxes on your behalf and so that's another big winner in this is companies like taxjar and vertex and Olvera and those those companies that help businesses calculate and remit sale. Scot: [35:44] Yeah now, physical stores the taxes get down to you know literally the municipality so you could be in you know Secaucus New Jersey and they have a different apparel tax there's a tax on shipping but then certain there's no food tax or something that you cross into another area and the taxes are all different do you think this is going to get that complex or are you to the municipalities going to try to take there local tax structure in Buckhannon National kind of for that City kind of. Jason: [36:16] So here is going to be the balancing act all the municipalities would have like to pass their own laws so Secaucus would definitely like to have their own tax collection law and have their there sales tax laws imposed on all out of the jurisdiction Cellars the thing that's going to keep them all from doing that is that there's a a clause in the the the. [36:45] Though the prevailing tax laws that says States cannot put an undue burden on cross-state Commerce. And so the argument is going to be that it every municipality have their own set of laws and Secaucus has a tax holiday on this particular day and doesn't text food and all these different things the bat is going to trigger the Commerce Clause and and put an undue burden right and so part of the reason that the Supreme Court said they ruled in favor of South Dakota is because the law is was very carefully written to try to minimize that the the bird and right inside they don't date the it explicitly does not allow individual municipalities in South Dakota to have their own tax laws like they are there there's a Statewide tax system for out-of-state Sellers and so it knows. Supreme Court rule on any other than the South Dakota version so if Secaucus now pass is a really you know burdensome law and again Secaucus could also say and you owe is taxes for The Last 5 Years of sales. [37:58] Then you know someone's going to be able to litigate that and say it's a violation of the Commerce Clause and that potentially could make it back to the Supreme Court and you you know, the Supreme Court could choose to hear it or not and they could you know essentially say hey the South Dakota version is we going to bed the more you know arduous Secaucus version is not legal and so you know every States going to have to balance how aggressive they want to be you know with with how much we go Jeopardy they they they want to assume you know in case these things get where to get it. Scot: [38:36] Yes it feels like it's going to take like 5 to 10 years for this all the sort out and it's kind of a kind of a boring Plumbing topic but I think it's important for listeners cuz a lot of articles I read we're super confusing and I think you did a good job of summarizing. Jason: [38:50] One last point that just was kind of sad I give you actually listen to the the oral arguments in the case like the justices were asking really good questions how expensive is it for a small business to calculate their tax liability if this if we rule in favor of South Dakota how you know how much is incremental cost is is that going to impose on Wayfair bright and. It was really embarrassing, how little tangible information the lawyers in both side of this case had and how e-commerce works and I I say that like. If your lawyer like arguing a case before The Supreme Court that is like the Superbowl of litigation right and you'd expect like the most prepared best teams and yet you know it it's felt like the the level of preparation in knowledge about how digital Commerce work you know was was pretty pretty lacking in the justices openly expressed frustration that they couldn't get. You know clear answers to who you know some some reasonable questions about this so it you know it's further further evidence that, you know the economy and Technology are way way way ahead of the legal system. Scot: [40:08] Oh I nominate you to be a expert for the next to supreme court hearing on this. Jason: [40:13] Yeah I would make myself available that would be a pretty awesome gig. Scot: [40:19] Yeah and you get to wear a suit how fun is that. Jason: [40:21] I I have done some federal expert witness stuff in the you know I am willing to wear a suit for the the fees that you're able to charge as an expert witness. Scot: [40:31] Cool that that kind of wraps up the news section of the show and let's transition into some listener questions. [40:44] Question question question question question. Alright get the echo turned way up on that one our first question is pretty Technical and it comes from a friend of the show Scott Silverman this one goes back you mentioned this kind of in a phrase recently sniffing the tires Scott wants to know what do you recommend is the best technique for sniffing tires. Jason: [41:15] Hey Scott I totally appreciate the question sort of two-party answer if you are a casual Tire sniffer I think what you want to do is just you know get down on the ground get your nose is close to the tires as possible and you know really just sort of in intake the the fumes but if you're going to be a serious professional Tire sniffer what you really want to do is get the hydraulic jack and raise the car up to nose level because that actually allows a lot more oxygen under the tires which which you know helps more molecules get in your nose and really get you the whole bouquet of the tire. Scot: [41:56] And of course it's important to take the vehicle for a spin before you do this you get that like nice fresh smell. Jason: [42:03] Yeah you do want the rubber warmed up absolutely great point. Scot: [42:06] Our second questions comes from and I'll do a blanket apology there's some last names in here that may be a little tricky but I'll do my best this is from Alex Velasquez and he asks should others try the Warby Parker school bus tour concept and who do you think would benefit most from it I had no idea what this was so I figured this was a good question for you. Jason: [42:27] Yep so this is one of the early marketing tactics at Warby Parker did I think they actually did this before they open the formal store I'm so they I think they may be were using their corporate headquarters is a showroom but essentially what they did is they bought an old school bus decked it out and started driving to events and venues and things and letting people try on their glasses and it was a super effective marketing vehicle it's sort of a mobile pop-up store if you will and so in general I would say those kinds of things are a great tactic particularly for e-commerce business is what you know you feel like you'd benefit from a physical presence so I got a pop-up store avoids a lot of the costs of permanent rent you know which a lot of the times of the year the traffic in that that store is going to be low so you can do a pop-up just around Peak times and instead of it being fixed to one location the idea behind this bus is you could send the bus to a lot of different locations so there you know what be purchased per ticket clever and they've done a bunch of versions of since the school bus so they continue to use that tactic I do think it's a good customer acquisition and brand building tactic. [43:45] The there's actually a retailer that's been doing it much longer LL Bean literally have a. A bus built in the shape of their iconic rubber boot that they drive around and let people try on boots and kind of build their brand. Do that and they send it to outdoor festivals and stuff where where people might be interested in the boots so I think it's a good tactic. A lot of Brands could potentially benefit from it but the brands that would most benefit from it. Is if there's a a physical a or experiential element to the kind of products you're selling, so that it's not only are you building your brand awareness but you're also helping people you don't get that tactical experience so if you're selling. You know food and and you going to give people a chance to try it or you're selling apparel that gives people a chance to try sizes or. I feel the textiles are or you know things like that are particularly going to benefit from these kind of mobile pop-up store. Scot: [44:51] Cool and thanks for the question Alex. Jason: [44:59] So I think the next question is from vomit. A gyro and thanks God for just claiming that were massacring names do customers like bundled products or do they like to create their own bundles what are different merchandising tactics used to sell collections of product. Scot: [45:19] Yeah this is this is a good one you know it it kind of depends so. I like a system where the consumer has the you know a fair amount of power and convenience and they can choose to either buy a core product and its Associated add-ons and you have any Commerce system that is smart enough to kind of recommend the right things you know so it's not kind of recommending these things that are kind of random but they're frequently bought together. Which is a feature that you see on Amazon all the time now one tactic where this comes up a lot is in the world of marketplaces where. Frequently you'll be selling where you see this the most is in digital cameras this is kind of case study of this so what you see is you go to Amazon and you search for you know a Canon D40 which is a common camera and you know the tops quc is that core camera body SKU. [46:18] But then what a lot of people do is they will create a new skew by creating unique bundle. And I'll take a camera a memory card a set of lenses and a bag and a variety of things and I'll create a new skew a new Ace in in Amazon parlance and that is you can kind of a. You should have separate from the competitors for that Coeur Camera. [46:43] The be there for you know when consumer searches for Canon D40 if you've done this right you should have a pretty good shot at showing up higher level and then see you can effectively have a price that is much just submitted Lee discounted for that bundle and you're effectively hiding you know the discount in the margin by obfuscating it to the consumer making it harder for them to price compare so some things now you know this whole truth holds true for other marketplaces like eBay and Walmart eye center now the downside of this is Marketplace in her wise to the store frequently kind of challenging these things and saying you know does a bundle really make sense what are you doing here are you kind of ruining the customer experience. [47:33] So I've seen that used in it as a merchandising tactic there on your own website to I don't think I've seen as we have a child as we have this very clever skateboard a Cellar and they've come up with a couple private labels like their own wheels and things like that so when they they take a deck and skateboarding you have the deck which is just sold without wheels and and the the other pieces there and then they they take some private label stuff or owned brands do use Jason's language and it does create this kind of unique bundle that then isn't available anywhere else, and they can do a lot of relaxing things with pricing on that because they can't really change do the map the price but when they put their wheels on there they can offer this bundle that that is never more competitive anything else out there because they have got a known brand on the wheels and they have more margin and they can pass it on to the consumer so those are some of the things that come to mind for me Jason anything you want to add on bundling. Jason: [48:31] Yeah I would just say like the there are two similar but different things in my expenses, in different circumstances consumers want both so so every e-commerce platform uses a different vernacular but, binocular would be bundles versus kits right and so in this scenario a bundle could be. [48:56] A set of things that are recommended to go together right so shop the look you you one quick button and you add the blouse the pants the belt and shoes. But all four things get separately added to your cart and then you could edit the cart you could get two pair of the the blouses if you wanted and you could delete the shoes if you already had two shoes for example so it's, a shopping convenience to put related items together you know in and apparel is a common version of that like in crafting it could be a kit or project I got all the. All the items you need to make a sweater or something like that in food it could be by the recipe to get all the ingredients for a particular dish. But you know of course the customer might already have salt so you you know the customer could take salt out of the cart after they. They bought that bundle in a kids are often. Hard coded things that have to go together so it's one skew it shows up as one line item in the car you can't edit it. If any of the items in that cat are unavailable then the itin. The kid is unavailable in the order we get back ordered and things like that and so there are certain types of products. That lend themselves to kits and to your point. If you're going to have a special price on the the multiple item configuration than you probably want that to be a kid because you wouldn't want customers to. [50:25] Then delete three of the four items and still get a special price. But in some cases you just want to make it easier for people to buy multiple things and have a higher overall cart and then there's. A lot of nuances in the kits are they. Hard-coated manual kits what you would often cause static it where you know the skews are permanently tied together are there Dynamic kits that are built by recommendation engines or things like that are there customizable kids you know that have different options that customers can pick via VIA attribute type selections and and so it is super complicated thing and it is one of the things that can differentiate some of the e-commerce platforms from the others is their support for a broad range of these different options vary wildly and then when you throw in the ability to offer promotions on top of these bundles or kits that can get super complicated and so that you know if you know that that's a core part of your business that might drive you to select one one eCommerce platform versus another because it might have better support for the that the particular model year use. Scot: [51:35] Is anyone using AI to solve this like. Yeah I think I need Amazon's is kind of a group thing I'm sure there's gotta be like 10 AI vendors out there trying to solve this kind of Phoenix recommended product. Jason: [51:51] Yeah and I mean this man takes get tricky like I would argue that the the Panic recommendation vendors that have been around for 12 years like they're rich relevance in a certain is like they're there heavily AI base solution so it's almost like. Saying it AI recommendations versus not as kind of a difficult distinction to make the, that most of the product recommendation product that I'm aware of the you know are going to be closer to you. The most common model is they're going to recommend other products and you have to click each product separately to add it to the car they may offer bundles which is one-click ordering right in in Amazon does bundle the recommendations the right so right below the main product information on the product detail page there's always going to be up by these bring three things together which is you know it's the AI base recommendation engine is putting the three things that you most want together and you can choose to add one two or three of those things to your cart so that just that S Mart Convenience that Amazon's done to try to get the aov up that's the company that's the best example of using AI to actually create schitt's if you will is probably going to be Stitch fix right because they send one skew to your house which is a fixed with five items in it and they're primarily using AI to select which five items they send to your app. Scot: [53:18] Wrinkled her next question comes from jeweled work and she a skinny leadership or managing through change tactics and then over on the Facebook group I asked for clarification on that if I gave her a couple choices there and she said you're more at the corporate level so let's assume you're one of these Brands that's been around for a hundred years this is very much in the news right now where allottees activists are going into the established Brands and brand houses and shaking them up and you know really getting agitated they're not doing enough direct-to-consumer you seen folks like Campbell's down 30 40% due to all these changes happening and you know I heard your question is essentially how did these companies become more Nimble you know you've had this guy a hundred year plus world where the consumer didn't change very much and now they're changing constantly. What what do you recommend a brand do to get more nipple. Jason: [54:13] Yeah it's a great question Jill and the real answers if I had a perfect recommendation I probably wouldn't be bothering to do this podcast cuz it would make my job so much easier that I'd be you know waiting on an island somewhere because it is a huge challenge in general you see digital native companies are much better at being agile and nimble then big established Brands and it just so happens in my practice I mainly work with big established Brands and they all struggle with being at a a speed disadvantage TD small companies and the one exception is you know that the giant company Amazon is annoyingly. Add jolyn and Innovative despite their their size in the fact that they're you know now 20 years old. So two things to think about here the first is like a big question always comes up is. [55:07] Ivory Tower Innovation versus Grassroots Innovation right so you know Ivory Tower would be, let's set up an innovation lab right you know your target let's set up an innovation lab you know your Minneapolis wet set up at univation lab in San Mateo California and let's hire a bunch of people whose only job is to be Innovative and let them come up with all the new ideas. And if you're a store manager in Minnesota you know it's not your job to be Innovative right and so I having a dedicated focus on Innovation the hope his bees Innovation labs. Can can be more efficient you know there was a huge Trend in retail towards these labs and. Target Nordstrom Zappos Walmart you know all we're opening opening these stand-alone labs. [55:56] While some retailers definitely still have these Labs I would argue the trend is a little bit against the stand-alone lab so we've seen a lot of the retailers including Target Nordstrom. And a post move away from the dedicated Innovation lab model and so the alternative is. Create the ability for Innovation to come from the the main line Grassroots employees right into the the Marquee example of this is not a retail for me it's it's a Doe B and they had this clever product called. [56:29] Process called the Adobe Redbox and essentially any employee at Adobe that thinks they have a good idea for a new. Product or process or or service at Adobe can apply for this thing called in Adobe red box and it's a Innovation kit. And it's all the tools you need to sort of prototype your idea and get it to a level where you can present it. 288 sort of jury of Senior Management at the. Add Adobe and so it you know it's pretty clever it has things like a debit card in it that you can use to buy you don't web hosting services and it has. You know I'm feeling codes you can get to you know provide to some of your colleagues have them help you with certain things. And said that the idea is to make it easy for anybody with a good idea anywhere across the the organization to pursue that idea. [57:30] And so it the moment I see more retailers trying to Foster Innovation through. Providing processes and tools to their main line employees than I do the Ivory Tower but I certainly seen both work and I've seen both fail. The biggest advice I give to Legacy clients. To succeed in Innovation is not so much where that Innovation sits in the organization it's how The Innovation is approached and here like I highly recommend. Serta imitating the Amazon model right so you know Amazon famous we have this to Pizza teen model in the the premise behind that is. Hey any project we do we're going to narrow the scope such that it can be performed by you know a team no larger than could be fed by two pizzas. So that could be you no one four digit software developer or you know it might be six or seven people in your department. [58:31] But the idea being. The way to do Innovation is not to do some Grand pilot that has to integrate with 37 Legacy systems and has to get approval from 18 different departments and requires a team of 40. And you know by the time you you get an experience to live you will spend so much money and effort that you know if if the experience isn't successful. You know you you passed your company of Fortune and even if it is successful like the the business probably you know shifted from the time you started to the time you finish. The most successful Innovations are when you can you know find gorilla ways to do things scale at and make the the. Hiwot as independent and distinct from the rest of the organization as possible right and so to me the great example of that is. [59:23] Amazon Prime now, you know when they said like hey we want to deliver stuff in one hour they didn't say all right let's get a meeting together with the leaders of the Fulfillment center and figure out how we carve off some space in the Fulfillment center and figure it out we, change all our software in the Fulfillment center to support this one hour delivery and do all these things they they got some guys that said hey we're going to buy our own you know even though we own all this stuff, we're going to buy our own building for this pilot and we're going to write our own software and we're going to just keep things as simple and independent as possible get the experience out there in front of the customer as quickly as possible and learn from the customer, which elements of our idea are valuable and value by the customer and which ones aren't then we're going to refine it from there and only after we've. Proven The Innovation and unrefined it are we going to figure out how to integrate it into the rest of the Enterprise so I really like that sort of. Independence and you know we highly encourage a lot of these big Legacy Brands to sort of adopt a more agile. Business process so we talked about ad Joel a lot as a development technique technique but it really can be a a business process and you know sort of isolate these these projects as much as possible and make an independent initiative. Scot: [1:00:40] That's awesome so I'm up I come out at from a startup bad guy perspective I'm on my 4th company I started and like you have worked with a lot of Brands and I think the step a lot of them get wrong is what I would call buying soda I'll start doing something kind of innovative like selling director something and then the VP of sales will say woohoo oh hey wait a minute what are we doing I've gotten upset Channel partner that's upset wrestling direct and then doll the panic in the unwind the whole thing so before you go down some of the steps you recommended you know I think. [1:01:17] The key is got to get complete buy-in from the whole management team that this is going to be something they're there once committed to a book that I I now that kind of started this discussion is the innovator's Dilemma. This is kind of a must-read for people interest in this topic in this by Clayton Christensen I will put a link in the show notes and you know what does essentially does it talks about, how do companies get in this position and why and then it has some cases of the very few companies that have gotten out of this position so it's really important to get that buying from everybody because if everyone's not bought in you'll get this whole failure cycle of trying to do something really Innovative as a brand and then it gets squashed by people that really aren't bought in and then you know there nothing too happens and companies that are large and older is a lot of ideas get squished because what I call exception base management where you come up with this idea and then to what is start to happen to edge cases well you know what if you know a you know what if this isn't profitable what if this and that the other and that. [1:02:25] Becomes you just get kind of stuck in tar with that you have to have to get everyone bought into taking some risk that the company's also not used to Basil's has a really good letter on this stuff about it Amazon where they have commit to disagree is kind of thing you know so so you know we disagree but let's try it and see what happens like why not try it. Go try something and to that and there's really good book Jason mention you're taking some of these ads all kind of Concepts out of software development putting them in your company one of my favorites is called Lean Startup sat is geared towards when you're starting a company but I think big companies can learn a lot there and it kind of educate you on the languages start upset you know Facebook kind of famously has said go fast and break stuff and that's really kind of craving orientation towards not worrying about the exceptions and guessing put something out there and take a little risk and then see how customers react to it and then course-correct quickly so the answer to you know what is what you know maybe not and. [1:03:30] We won't know until you try so you got to kind of get your culture oriented towards trying stuff rapidly, iterating versus kind of a 18 month cycle of planning and hand-wringing and getting every little detail done and then putting something out to be agile yet to be able to put something out and fail I go over and over again the case study there for Amazon that's classic is the fire phone you know they they put a phone out there there's a million reasons that would fail and it failed Jason I think they're the only people that have one but if they didn't fail at that Fire Phone they would have never done Echo because they really wanted to be in the platform World they realized the failure the phone that that was going to be at and then they went all in on Echo and. That is part of the culture they have is it's okay to fail just going to do it quickly and inner eight and learn you can't just kind of like digging infinitely deep hole. Jason: [1:04:23] Yeah that's great advice. Scot we have a few more a great listener questions but I actually think we are going to have to hold them for our next show because it has happened again we've used up the an hour of our listeners very valuable time. And so if you enjoy the show we certainly would appreciate that that five star review on iTunes if you have anymore questions or follow-ups on these questions please do jump on her Facebook page and drop us a line or hit either of us up on Twitter because we will pick up the remainder of these questions and any new ones in the next show. Scot: [1:05:03] Thanks for joining server buddy. Jason: [1:05:05] Until next time happy commercing.

Mayo Medical Laboratories President William Morice, M.D., Ph.D., sits down with the new chair of the Mayo Clinic Division of Anatomic Pathology, Amy Clayton, M.D. The two discuss the role, leadership, and a shared history.

hazır olun arkadaşlar son dönemde yaptığımız en yararlı bölümlerden birisini dinleyeceksiniz! clay christensen'i duydunuz mu? duymadıysanız hemen hakkında bulabildiğiniz herşeyi okuyun, yazmış olduğu bütün kitapları silip süpürün. Steve Jobs'ın inovasyon konusunda "beni çok etkilemiştir" dediği bu ünlü profesör, inovasyon ve girişimcilik alanında adı sayılı kişilerden birisidir. son 10 yıldır üzerine çalıştığı "jobs to be done" yani "yapılacak işler" teorisi ile yakın zamanda hem girişimcilik ekosisteminde hem de kurumsal dünyada adından yine bahsettirmeyi başardı. clay christiensen hk:http://www.claytonchristensen.com/https://www.amazon.com/s/ref=dp_byline_sr_all_1?ie=UTF8&text=Clayton+M.+Christensen&search-alias=books&field-author=Clayton+M.+Christensen&sort=relevancerankbu konu üzerine türkiye'de en detaylı çalışmış olan kişilerden birisi olan ali çevik ile bu bölümde JOBS ile alakalı konuşuyoruz. nasıl bu teori ile tanıştı, bu teoriyi nasıl hayata geçirdi detaylıca bize anlatıyor. ali'nin konu ile alakalı yazmış olduğu medium yazısına buradan erişebilirsiniz.https://medium.com/@alicevik/jobs-to-be-done-framework-b62976bfda8lütfen slack kanalımıza gelin, ali ile JOBS ile alakalı konuşabilirsiniz!

✓ Like and Share if you want more Haunted Forests and Scary Swamp People Stories! ✓ Submit your story today! We need True Instagram Horror Stories! darknessprevails.org ✓ Support us on Patreon for BONUS REAL GHOST STORIES! patreon.com/DarknessPrevails ✓ BUY OUR SHIRTS! shop.spreadshirt.com/darknessprevails Background Footage courtesy of videvo.net! HELP OUT MRBLACKPASTA!!! https://t.co/adnT7jxJ5X Production music courtesy of Epidemic Sound at www.epidemicsound.com and Kevin Macleod at incompetech.com DAILYMOTION - https://www.dailymotion.com/darknessp... FACEBOOK - https://www.facebook.com/DarknessPrevaiIs TWITTER - https://twitter.com/DarkPrevails WEBSITE - http://www.darknessprevails.org MERCH - http://www.darknessprevails.org/store SUBMIT A STORY - http://www.darknessprevails.org/submit SHIRTS! - http://www.darknessprevails.org/store These 5 true stories are supernatural and paranormal stories of haunted forests, wild animal attacks, swamp people and mythical creatures, and and into the woods and the forest scary stories from subscribers. - Night Fishing Scary Story - by Clayton M. - Strange Creature of the Swamp - Louisiana Ghost Story by Logan G. - That Was No Manatee - Scary Sea Monster and River Monster by spro0gs - Alligator in the Swamp - Swamp People and Killer Croc Urban Legend by Rygami375 - A Native American Legend and Folklore Come Alive - Swamp Woman by Dillon --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/darknessprevails/support

I interview a former client of mine who lost over 190 pounds and has kept most of his weight off for years. We talk about his journey and his sexuality... You never know what your going to get with me!!

Weekly JourneywithJesus.net postings, read by Daniel B. Clendenin. Essay: *"Horror Grips Me:" Remembering Congo* for Sunday, 22 September 2013; book review: *How Will You Measure Your Life?* by Clayton M. Christensen, James Allworth and Karen Dillon (2012); film review: *Fruitvale Station* (2013); poem review: *The Journey Prayer* (Celtic prayer).

David och Mattias diskuterar disruptiva innovationer, vad det är för något och hur det eventuellt kan vara intressant i kyrkan och våra egna liv. Länkar Clayton M. Christensens tal om hur man mäter livet Forbes: De tio lyckligaste jobben En adventsbön Expert nog-manifestet Gjort-kultens manifest Deliberate practice strategy Holstee manifestet Länkar utifrån samtalet Här finns […]

Can a theory that explains why successful organizations fail and newcomers prevail help turn around America’s public schools? Michael B. Horn describes how the idea of disruptive innovation, developed by management researcher and author Clayton M. Christensen, can provide a fresh perspective on struggling education systems, and perhaps offer some solutions. Business history, Horn tells his audience, is littered with cases of unlikely triumphs, when a smaller firm vanquishes a large, well-established company by introducing a novel product or service. Christensen studied successive generations of business takedowns to produce his theory of disruptive innovation, explaining for instance, how Toyota toppled Ford, and why scrappy, garage-based personal computer makers ultimately felled minicomputer giants DEC and Wang. Christensen highlighted a common feature in these cases: the upstart did not roll out a breakthrough concept sweeping established consumers off their feet, but rather came out with a product or service that appealed to non-consumers -- offering something uniquely affordable, accessible, convenient or useful. Christensen suggested that if a business could identify and develop products for non-consumers, it could open up vast new markets, and sometimes transform an entire industry. “This story of disruptive innovation repeats in a lot of fields,” says Horn. With education, the question becomes how to apply disruption as a positive force, propagating new ideas that are relatively simple to adopt and that offer an inviting, student-centric alternative to the often tradition-bound processes of many school systems. Horn cites online learning as a disruptive innovation that has particular potential in education, especially when you consider the number of “non-consumption opportunities” that exist. Dropouts, home-schooled students, school commuters, incarcerated youth, tutoring, professional development, adult lifelong learning, are all areas with large groups of potential online users. And most students sitting in K-12 classrooms do not yet have available the range of benefits possible with online learning, from 24/7 access, to personalized education, rapid assessment and progress tracking. Right now, schools do not seem fully prepared to exploit opportunities around disruptive innovation. Schools, like businesses, tend to stick to customary practices, even if it means becoming stuck in a rut. But Horn sees glimmers of change, as increasing numbers of students take courses online, video replaces text, and some mobile technology pops up in classrooms. He is optimistic in spite of the challenges. “We are just beginning a revolution in the ways we learn.”