Let’s Fix Groupon’s Business Model

Hola Todos!

Groupon is often dissected in the business press (almost always negatively in the past few months) as their business model is not producing the revenue expected pre-IPO.  Recently, I was asked to write an editorial on Groupon on www.commpro.biz and the following story was posted (click here).

Something to think about today…

Best regards

Dr. Dan-o

 

Daniel M. Ladik, PhD

Associate Professor of Marketing

Stillman School of Business

Seton Hall University

 

 

 

Leadership: Just Let Go

Hola Todos!

Mr. Mike has some great words of wisdom for us today and I honestly wished I’d let go of a few things (or at least said No before I knew what I was getting myself into) over the past few weeks.  It is NOT easy to let something go after you made a mental commitment to do it (the theory is called cognitive consistency).

I hope the following will be helpful in some way.

Mike, the floor is yours…

 

To:  The Great Leaders Who Have a Passion for Continuous Learning

“Just let go!” – words of wisdom to great leaders who have a passion to “just do it!”  A myriad of priorities compete daily for the attention of great leaders. There is always an instinct to do everything, to serve everyone, to be all things to all people, and they wear themselves out in the attempt.   They give up time with their family and friends.  They cut back on their daily workout.  They crowd out their treasured down-times in which they pause to collect their thoughts.  They spend long days, nights and weekends involved in their responsibilities.  Always a phone call to answer, a Blackberry message to which to respond.  In the end they lose some of their balance –mentally, physically, emotionally and spiritually.  There is an answer that a friend and coach shared with me: “Let go!”   Enjoy the wonderful learning.

 

LETTING GO

To “let go” does not mean to stop caring, it means I can’t do it for someone else.

To “let go” is not to cut myself off, it’s the realization that I can’t control another.

To “let go” is not to enable, but to allow learning from natural consequences.

To “let go” is to admit powerlessness, which means the outcome is not in my hands.

To “let go” is not to try to change or blame another, it’s to make the most of myself.

To “let go” is not to care for, but to care about.

To “let go” is not to fix, but to be supportive.

To “let go” is not to judge, but to allow another to be a human being.

To “let go” is not to be in the middle arranging all the outcomes, but to allow others to affect their own destinies.

To “let go” is not to be protective, it’s to permit another to face reality.

To “let go” is not to deny, but to accept.

To “let go” is not to nag, scold, or argue, but instead, to search out my own shortcomings and correct them.

To “let go” is not to adjust everything to my desires, but to take each day as it comes and cherish myself in it.

To “let go” is not to regret the past, but to grow and live for the future.

To “let go” is to fear less and love more.

Author Unknown

 

Reflect on these words that their wisdom may guide your journey, that you may refresh yourself and bring greater balance to your life.  You are so very special… you are the best… find time for you.  !

Have a beautiful day and a magnificent week!!!

Mike

 

Contact Information:

Michael M. Reuter

Director, Center for Leadership Development

Stillman School of Business

Seton Hall University

Tel: (Office) 973.275.2528

Email: Michael.Reuter@shu.edu

The Apple WWDC Round Up: What did I get wrong?

Hola Todos!

I’ve been crazy busy over the last four weeks so DigNuggetville has been quiet for a little while.  Things are starting to settle down so the nuggets on DigNuggetville will begin to flow again.

This has been a big week for Apple so far.  WWDC is one, if not, the largest event of the year for the team in Cupertino.  The reviews have been strong for all the software and hardware debuts – especially for Apple Maps, Siri updates, Facebook integration and especially the new Retina MacBook Pro.  The following are a few of the best links from Monday and Tuesday.

-For a 90-second video overview of Monday’s keynote (click here)

-For a play-by-play analysis of Monday’s keynote (click here)

-For an overview of how the major financial analysts viewed Apple’s new offerings (click here)

-For an interesting story on how Apple snubbed Google (click here)

On a final note, I have to come clean on this one.  I truly, and incorrectly, thought we were going to see a new Apple TV OS yesterday.  Perhaps I was reading too deep into the tea leaves (see story on Forbes.com – click here) or it was just too soon.  A few other journalists and analysts believe in the latter with multiple comments in the 3rd link listed above including ISI’s Brian Marshall stating, “…we believe presentations by Tim Cook along with senior executives (e.g., SVP of Worldwide Marketing Phil Schiller, SVP of iOS Software Scott Forstall, etc.) did a solid job keeping the AAPL faithful satisfied. While some may have been mildly disappointed that a new Apple TV OS was not introduced, we believe AAPL wanted to focus attention on the Mac platform which is positioned to continue taking (market) share.”

Finally, an excellent article describing the DNA for a future Apple’s TV OS is already in front of our eyes with AirPlay (click here).

Enjoy!

 

Daniel M. Ladik, PhD

Associate Professor of Marketing

Stillman School of Business

Seton Hall University