Who’s On Your Retail Radar?

Retail Radar: Suggestions For Your Retail Map

I created a retail roundup, a public Twitter list that brings together the many facets of the retail industry ecosystem.  Think of it as my retail radar for scanning retailing, technology and innovation.  I leverage this list extensively to stay current, find research and uncover case studies to help add color to my customer experience blog series.

By no means is this retail radar list comprehensive and complete but it’s a good starting point for anyone interested in keeping tabs on retailing events, expert opinions, analysts, vendor specific retail practices, analytics and industry publications.

Here are some of my favorite go-to retail specific Twitter handles.

Events:

Expert Opinion:

  • Doug Stephens is the author of “The Retail Revival” and advisor on mega-trends in retail and consumerism  @RetailProphet
  • Jason “Retailgeek” Goldberg @RetailGeek VP of Commerce Strategy at Razorfish
  • Paul Schottmiller @RetailForesight Retail Strategy Consultant, Cisco Systems
  • Steven P Dennis @StevenPDennis Senior multi-channel retail executive and strategic growth and marketing advisor. Former SVP @NeimanMarcus

Analysts and Consultants:

 Vendor Specific Retail Practices:

 Analytics and Social Login:

RetailNext Video Teaser – Be Empowered from RetailNext on Vimeo.

Gartner Says Half of New Retail Customer Identities Will Be Based on Social Network Identities by 2015.

 Retail Industry News:

mCommerceDaily

I hope you’ll enjoy these 31 Twitter handle suggestions and the others featured on my Retail Radar list.  Who would you add to the list?

 

Additional Information:

SVTweetUP: Social Selling or Selling Social?

 

A few years ago, I had the pleasure of mentoring an ambitious and innovative marketer named LaSandra Brill.  It wasn’t long before she blossomed into a leading edge authority on social media. LaSandra is the change agent visionary behind one of the top five product launches in Cisco’s history. At Cisco, she leads a team responsible for implementing a mix of innovative digital, mobile and social media techniques.

Photo credit

You can find LaSandra rocking social media on:

Following are a few LaSandra and Cisco social snipets:

Cisco Unveils Social Media Listening Center – Oct 23 2012

Silicon Valley Tweet Up

One of LaSanadra’s Facebook updates caught my eye.  I’d always wanted to attend an in person TweetUp (a meet up (virtual and/or in person) of people that ‘tweet’ about a specific topic using Twitter) but never got around to doing it.

HOW TO: Organize a Successful Tweetup by Stuart Foater

The one featured in LaSandra’s Facebook update was especially appealing because of its location, the topic (Social Selling or Selling Social?) and the panelists: Ted Sapounitz, Jennifer Leggio, Michael Brito, and LaSandra Brill – la crème de la crème of some of Silicon Valley’s best and brightest social media minds.

Silicon Valley Tweetup combines networking with philanthropy by raising money for family-oriented charities. Run by @britopian (Michael Brito), @gabrielcarrejo (Gabriel Carrejo) and @mediaphyter (Jennifer Leggio).

Michael Brito is a senior vice president of Social Business Planning at Edelman Digital.  He is also an Adjunct Professor at San Jose State University teaching social business to undergraduate students.

Jennifer Leggio describes herself as a raconteur, comedienne, hockey lover (no wonder I like her!) and “Security Twits herder emeritus”. She is VP of Corporate Communications for Sourcefire. Forbes.com tech contributor.

As of last week, Ted Sapountzis is head of Marketing and Product Management at NextPrinciples– he was formerly VP Social Marketing at SAP.

Sponsored by onemedical, the event was held was held at the Palo Alto Women’s Club. The format for the event was one part networking, two parts highly entertaining expert panel and one part free going twitter chat.

Needless to say, I felt far more comfortable at this event.

Inperson introvert and online extrovert? | You’re not alone!

Follow Lina Arseneault on Twitter

Gabriel Carrejo moderated the evening with engaging questions that uncovered the following themes:

  • Content is the currency of the social web

  • Make your content social friendly

  • It’s okay to experiment: fail fast, learn and move on

    • LaSandra Brill touches on Cisco’s SecondLife and Jennifer Leggio makes us laugh with her spelling mistake video anecdote.
  • Jennifer Leggio’s Keys to Social Media Success: repetition and consistency (For effect, she said it several times throughout the evening!)
(from left to right) Ted Sapounitz, Jennifer Leggio, Michael Brito, and LaSandra Brill | panelists for SVTweetUp “Social Selling or Selling Social?” – October 2012

Photo credit | More SVTweetUp photos

Everything you wanted to know about Twitter Chats via @markwschaefer

What makes for a great Tweet Up?

  • Topic
  • Format
  • Moderator
  • Panelists
  • Participants

What are some of your favorite Tweet Ups and why?

Related post:  High-Tech Wizardry and Entrepreneurial Witchcraft: What Makes Silicon Valley The World Capital of Innovation?

Follow Lina Arseneault on Twitter

Turbo Charge Your Career Development Plan With IMU

Is it that time of year? Is your heart racing at the thought of having your performance evaluation and career development discussion?

Anemic Career Development Plan?

Whatever you call them; employee reviews evaluate our performance on the job. They often determine raises, promotions, and sometimes whether we get to keep our jobs. It’s no surprise that these “report cards” often make us feel uneasy.  Have you become a “human-doing” and neglected to invest in your development plan?

In any learning organization, continuous improvement means growth through learning events and experiences.  It can be applied to individuals and teams.  Cost and time need not be barriers to your continuous learning investment.

If you’re looking to sharpen your content marketing skills, consider Inbound Marketing University (IMU)

IMU is a free (yes, free! management will love you for it) educational program powered by HubSpot, a software company that helps marketers and small businesses grow their business online through inbound marketing.

IMU Online Training and Certification Course for Internet Marketing Professionals

Because IMU courses are self-paced, you can watch the videos whenever your schedule allows and you can download all the materials including videos, handouts and case studies. The sessions are moderated by the who’s who of content marketing. In total, there are 18 modules covering a wide range of topics from blogging basics to SEO tactics, inbound lead nurturing as well as social media for big business; to name only a few. The training curriculum concludes with a certification exam, where one can become an “Inbound Marketing Certified Professional” (providing you score 75% or higher on the online certification exam).

GF101 as in “get-found-101

The first course covers how to blog effectively for business.  It goes over the basics of blog layout and content. Ann Handley (MarketingProfs’ Chief Content Officer) and Mark Collier (Social Media Consultant) moderate this lead off session. The dynamic digital duo offers advice on how to draw in an audience and maintain quality engagement through feedback and interactions.

“Anything in life worth having is worth working for.” Andrew Carnegie

You’ll have to roll up your virtual sleeves to obtain the IMU certification.  Each module includes a homework assignment that helps you put into practice the learning of each session.  Specifically for GF101, you need to write about three best practices that you will adopt into your blogging strategy.

Fortunately for me, I’ve been blogging for a while. CaféLina is my virtual café where you’ll find tips, ideas, best practices, references and discussions on all things marketing, communications, digital, mobile and social. I’m always looking to improve the CaféLina reader experience (it’s a labor of love!)

Specifically, I want to get better in the following areas:

  1. Analytics: better understand the nuances in the data and plan out my editorial calendar accordingly
  2. Engagement: greater comment interaction on each post
  3. BlogRoll: develop an area where readers can easily find and reference resources they value (people, blogs, information)

Follow Lina Arseneault on Twitter

No more Excuses!

If leading edge marketing is your thing, build in a bit of time in your calendar over the course of the next few months and the next thing you know, you’ll obtain one of the industry’s hottest certification.  You’ll even be looking forward to your next performance evaluation and career development discussion

It’s up to us as individuals to make a commitment to our own development.

Considering the explosive evolution of technology and business processes, it’s not difficult to understand why leading organizations strongly encourage employee self-driven quest for knowledge.  These organizations understand that a culture of continuous learning is directly linked to competitiveness and business success. However, a company’s training department is seldom able to provide everything that employees need to be great at their jobs and prepare for the jobs of the future.  It’s up to us as individuals to make a commitment to our own development.

What’s in your development plan? (leave a comment below)

Additional Information:

—————————————————————————————————————————————————

Cafélina uses Royalty free images

PotPourri Food For Thought : Mary Meeker on Internet 2012

Hungry for a view into the future of the Internet?

Check out Mary Meeker’s take on the latest Internet trends via a massive (112 slides) slide deck (May 2012, updated annually).  This year’s report has five sections that cover the following:

  1. basic statistics,
  2. re-imagination (of nearly everything),
  3. read on the economy,
  4. USA Inc. ( a non-partisan look at the U.S. government (and its financials) from a business perspective), and
  5. “bubble” (or not?).

View Mary Meeker D10 Interview (Video, 17 minutes) via AllThingsD

The re-imagination section includes several examples of business models through to what Kleiner Perkins’ refers to as:

the “third wave of innovation,” combining social networking, mobile and e-commerce.

In December, 2010 Mary Meeker left her position as a managing director at Morgan Stanley and head of the bank’s global technology research team to become a partner at the Silicon Valley venture capital firm of Kleiner Perkins Caufield & Byers.  Meeker was named “one of the ten smartest people in tech” by “Fortune” magazine in 2010.

More on Internet 2012:

Follow Lina Arseneault on Twitter

Send suggestions for future Potpourri Food for Thought features.

Cafélina uses Royalty free images.

Cross Media Optimization with QR Codes

Mobile social networking is surging and calls for new user paradigms and behaviors … but nothing kills faster than poor execution.  Mobile methods to engage the customer are expanding, making control of the engagement a higher priority for maximum reach and effective conversion.

Don’t be too quick to dismiss the usefulness of QR Codes.  Naysayers usually narrowly describe them as “QR codes in ads”.  Before deeming QR codes ineffective, consider them in a broader spectrum than B2C advertising.  Armed with a specific goal and positioned in the right medium, they can be highly effective.

Be very clear with your mobile-social goals:

  • What are you trying to accomplish?

  • Who are you trying to reach?

  • What’s your success target?

x2x universes | What’s your perspective? and how can mobile-social support your marketing goals?

B2B : Business-to-business (B2B) describes commerce transactions between businesses, such as between a manufacturer and a wholesaler, or between a wholesaler and a retailer.

Business-to-government (B2G, sometimes BtA or business-to-administration) is a derivative of B2B marketing and often referred to as a market definition of “public sector marketing” which encompasses marketing products and services to various government levels – including federal, state and local – through integrated marketing communications techniques such as strategic public relations, branding, marcom, advertising, and web-based communications

e-Government:  The four types of e-government services are Government-to-Citizen (G2C), Government-to-Business (G2B), Government-to-Employee (G2E), and Government-to-Government (G2G).

Business-to-Consumer (B2C, sometimes BtC)   is a term that describes communication and trade relations between companies and private individuals (consumers).

BYOD : Here, There and Everywhere

Coupled with the BYOD movement overtaking the business world, there’s an opportunity to capitalize on mobile-social behavior in many settings.

  • Bring your own device (BYOD) is an alternative strategy allowing employees, business partners and other users to use a personally selected and purchased client device to execute enterprise applications and access data. Source: Gartner Glossary.

For 2012, Deloitte forecasts that smartphones will influence $159 billion in retail sales.

Deloitte’s Study is based on a survey of United States consumers about how they use their smartphones to shop today and measures the impact of smartphones on in-store sales. This includes in-store sales driven by consumers’ store-related smartphone activity such as product research, price comparison or other mobile application use.

Deloitte Technology, Media and Telecommunications Predictions 2012

Kasey Lobaugh, direct-to-consumer and retail multichannel practice leader at Deloitte Consulting LLP, New York comments on the findings:

  • Smartphones will influence 19 percent of retailers’ sales by 2016
  • Smartphone shoppers are 14 percent more likely to convert and make a purchase in the store than non-smartphone users.
  • If a consumer is using a retailer’s mobile app, they are 21 percent more likely to convert in the store
    • “This shows the power of owning that interface with the consumer as opposed to allowing them to go to a third party interface while in the store.”

Read more at Mobile Commerce Daily

————————————————————————————————————————————————————-

Follow Lina Arseneault on Twitter.  Check out All Things QR Codes

————————————————————————————————————————————————————-

CaféLina QRart code designed by Jean-Michel Roblin of Ineoscan.com | scan drives to CaféLina blog

More QR Market Research

Gartner Webcast Archive : The Gartner Hype Cycle Special Report: What’s Hot for 2012 hosted by Jackie Fenn, VP & Gartner Fellow Emeritus.

QRart:  According to Gartner (as of July 2011), QR/color code is positioned in the early “slope of enlightenment” stage with an 2-5 years estimated time frame to full mainstream adoption (i.e. reaching plateau of productivity).

Following are 3 examples of cross-media optimization with QR Codes:

        1. Walgreens: mobile app adoption

        2. Fandango: mobile tickets sales

        3. Shoebox: increase Facebook fan base

Walgreens

In its qrcode101 approach, Walgreens cleverly directs customers to the Walgreens’ Mobile App with built-in QR scanner versus an independent QR scan application.

  • For more on Walgreens Cross-Media Optimization, check out the following SlideShare Companion.

Fandango

“Mobile purchases now comprise 27 percent of Fandango’s overall ticket sales.”  |  Jessica Yi, chief product officer at Fandango | July 2012

Source:  Mobile Commerce Daily

Shoebox aims to increase its Facebook Fan Base

What QR code integrations have caught your eye?

Additional Information:

Related Posts:

————————————————————————————————————————————————————-

Follow Lina Arseneault on Twitter.  Check out All Things QR Codes

————————————————————————————————————————————————————-

Cafélina uses Royalty free images.

Recovering from a Social Media Gaffe

Social media is legendary for its transparency and speed.  This can turn out to be a double edge sword as mistakes can  be highly and widely visible.

Did you have a slip of the key? Perhaps it was an accidental tweet, an unfortunate typo or a well-meaning but poorly worded Facebook post?  Maybe the brewing crisis originated from outside issues such as a customer complaint or an economic, political or a natural disaster.

Related post: OOPS : Best of Social Media Blunders

Irrespective of its origins, you must respond quickly to a social media crisis. Offer an apology in public comments. Explain how you will take steps to ensure that the situation doesn’t happen again.

Plan Ahead:  It’s best to think in terms of “when” instead of “if” situations

Depending on whether or not you subscribe to the Scouting motto (be prepared), this will be your first step or you may only devote time to it once you’ve survived a social catastrophe.

Successful crisis management depends largely on developing a planned and integrated communications approach.

Following are two examples of social media preparedness plans:

  • The United-States Air Force has a blog response assessment process.  The flow chart lays out a range of possible responses.  Read more here.
  • Cisco’s Social Media Response Strategy is based on the US Air Force blog triage approach.
Cisco Social Media Response Strategy

Listening: Recognition through active monitoring

  • Whether you take this on yourself or entrust it to a reputation management firm, it’s essential for you to know when trouble is brewing.
  • Listen all the time, not only on weekdays.

More on “listening” via  @LaSandraBrill, Senior Manager Social Media at Cisco :  [SlideShare] Cisco and the Social Web: Listening and Responding to Your Customers and Prospects

The Science of Listening in Social Media and Blogs via Kuno Creative

InformationWeek: Sentiment Analysis: How Companies Now Listen To The Web and 7 Ways Sentiment Is Hard To Decipher Online

Follow Lina Arseneault on Twitter

Action and Apology: It’s a two-step process

It’s time to spring into action, something needs to be done. It’s important to respond quickly.

1) You must first publicly acknowledge that there is an issue whether you are at fault or not.

————————————————————————————————————————————————————-

Don’t try to come up with a perfect answer at first; a speedy reply that indicates you’ve heard and understood is better than a detailed one that’s a week late.

Source: Social Media Firestorms – A First Responder’s Guide, ComputerWorld

————————————————————————————————————————————————————-

2) Apologize: this is an opportunity for you to separate out the past and future through problem and resolution.

————————————————————————————————————————————————————-

After your first acknowledgement, take time (not too much, though) to craft a more detailed response. It doesn’t have to be exponentially longer than your original note, but it should contain three things:

Your understanding and acknowledgement of the problem

Affirmation that you have learned from the situation

The steps you’re taking to correct it now and prevent it from happening in the future.

Source: Social Media Firestorms – A First Responder’s Guide, ComputerWorld

————————————————————————————————————————————————————-

10 Things to Keep in Mind as you Craft Your Apology

  • Be honest and transparent
  • Embrace criticism: think of it as free market research
  • Don’t be argumentative
  • No matter how justified you feel, don’t be defensive
  • Be humble or you will tumble
  • Think about what you’re trying to accomplish
  • Pick the right tone and keep it simple: save the corporate talk for a press release
  • Select the right communications channels: respond where the complaint or issue originated, and leverage complimentary sources (e.g. your corporate blog)
  • Personalize when possible: in response to a specific person or through the face / voice of your corporation
  • Making an apology can be complex but it has to sound simple and sincere

Follow Lina Arseneault on Twitter

————————————————————————————————————————————————————-

Believe it or not, there are lots of bad ways to apologize. A few examples of what not to say:

I’m sorry you feel that way.

You have to admit, a big part of this is your fault too.

There’s lots of blame to spread around here.”

Source:  7 Tips on How to Apologize in the Business World by Tom Searcy

————————————————————————————————————————————————————-

@CiscoSmallBiz Turns a Negative Into a Positive via @LaSandraBrill, Senior Manager Social Media – Cisco

Lessons Learned? Assess your response and its impact, build knowledge into the plan

Everything you do, and everything you don’t do, communicates about your brand. A mistake speaks volumes about your (in)ability to manage social media effectively.  Remember that despite your best efforts, mistakes happen at some point. The key is not to panic, but to implement a social media response plan to quickly restore credence in your brand. Invest in “listening” as it offers the ability to learn from what your customers are saying.

Related post: OOPS : Best of Social Media Blunders

Follow Lina Arseneault on Twitter

“Recover from Social Business Mistakes” was featured on October 7th 2011. This tip is adapted from “The Simple Way to Avoid Social Media Failures” by Jeff Stibel.

The Management Tip of the Day by Harvard Business Review offers quick, practical management tips and ideas on wide ranging business topics including managing people, innovation, leadership, leadership, and more (more information and to subscribe).

————————————————————————————————————————————————————-

Cafélina uses Royalty free images

Don’t Assume Your QR Code is Knocked Up, Give her a Pregnancy Test

With smartphone use soaring, many companies (big and small) are turning to quick-response, or QR Codes to connect with customers on the go. They’re placing the codes in ads, direct mail, in-store displays and product packaging, and using them to link to a host of features—discounts, websites and videos.

QR Codes in Marketing Collaterals

The conference is just around the corner, time is of essence; marketing materials are expected at the printer.  If they include a QR code, be sure to test it out in all intended formats (business card, post card, banner, mobile and web landing sites).

Testing Scannability is a MUST!

This obvious and essential step is often overlooked yet it’s critical to your success.  The potential customer has decided to take an important step in the engagement journey by attempting to scan your code. She wants to see the demo of your product, NOW!  The QR code will get her there.  She might also want to share it with her boss. Make sure it works!

Unscannable QR Code = the road to no where

Recently, a well intentioned company (who shall remain nameless) decided to incorporate a QR code in its marketing materials.  The company has a slick online demo that showcases its product offerings.  The marketing team decided to create post cards for an upcoming trade show.  The asset contained an attention grabbing headline, a clean crisp message, and strong call to action with a companion QR code that drove to the slick demo. The post card was beautiful.  So far so good.

Follow Lina Arseneault on Twitter

On the surface, even though the post card “looked great”, the QR code didn’t work because the printed image on the post card was a resized (reduced) version of the  original asset. The QR code image had been compromised in the shrinking process rendering it unreadable even with a reader with  an error level tolerance as high as 30%.  The vendor realized the error only after hearing about it from a prospect.

 

Positive or Negative: Test for QR Code Scannability

Testing the QR code in all intended sizes and formats would have prevented this costly mistake.

Tip : Put yourself in your prospect’s shoes, test the QR code journey you want him to take. Testing is especially important if you’ve resized an asset to a smaller or larger size.  What works in the original size may not in a different one.  When you resize, be sure to preserve the integrity of your QR code image and avoid this costly and embarrassing mistake.  With a scannable QR code you’ll be able to track and monitor the customer journey and relationship between on and offline – making every aspect of your marketing effort quantifiable.

Follow Lina Arseneault on Twitter

Learn more about QR Codes

Vector Graphics versus “Raster” Graphics :  How to Generate Vector QR Codes  via OmniQR

Countless QR Code Samples on Pinterest: QR Code Pins-Boards-People

 

 

Read the Cafelina QR Code Blog Posts

Cafélina QRart Code designed by Ineoscan.com

High-Tech Wizardry and Entrepreneurial Witchcraft: What Makes Silicon Valley The World Capital of Innovation?

This post is dedicated to the memory of our beloved neighbor Emily Benator.

What Makes Silicon Valley  the World Capital of Innovation?  Why is it home to high-tech wizardry and entrepreneurial witchcraft? What’s the Silicon Valley  secret sauce and why it is so hard to copy?

Every spring, the newest crop of UOttawa eMBA candidates visits Silicon Valley.  Over the course of their one week trip, the students are exposed to Valley tech companies (from BIG names to startups), VCs, and schools. They network for projects and assignments – all with a view of gaining insights into what makes Silicon Valley such a special place.    Is it something in the water, the air, the food or is it the climate that fuels the innovation DNA so characteristic of Silicon Valley?

The eMBA trip includes an Alumni evening reception.  As an UOttawa MBA alumni and Silicon Valley resident, I’ve participated in this annual function for over 10 years.  Some questions are consistent from one year to the next. These typically include:

  • How long have you been here?
  • What do you do?
  • Why did you move to Silicon Valley?
  • Do you like it here?
  • Can you really afford a house?
  • How many hours do you work? … (The “sweat shop” term doesn’t come up like it did in the late 1990s)? and
  • Do you ever think of moving back to Canada?

Follow Lina Arseneault on Twitter

But by far, the most consistent question is always:

What makes Silicon Valley so special?

Thankfully, this year, Gigi Wang was on hand to address that one!  Gigi is the Chair Emeritus of the MIT/Stanford Venture Lab (where she remains on the Board) and is Managing Partner at MG-Team, an international strategic marketing and business development firm for mobile, web services and telecom companies.    In her keynote, she outlined her perspective on “What’s makes Silicon Valley such a special place?”. Needless to say, she did a much better job than I did in addressing this question.

Listen to Gigi describe the VLAB charter.  Follow X|Media|Lab on twitter

“It starts with the culture” she says, “In addition to the excellent institutions and R&D, governmental support, and access to investment capital, it’s the culture that really makes a region like Silicon Valley so unique and wildly successful”.

an article By Anthony P. Sheehan, eMBA 2013

Follow Lina Arseneault on Twitter

 She structures her talk around insights or pearls of wisdom. Each pearl includes anecdotes and examples that help to explain the mystic of Silicon Valley.

Need to Trust: trust begins with openness and transparency, it must be mutual or it won’t work.

Risk-taking: Innovation and entrepreneurship requires risk-taking in addition to passion.

“Embrace cultural tourism” explains Gigi, “go beyond your comfort zone, build a prototype, visit a new place”. She goes on to emphasize her final point:  “but most important of all, know that failure is good because mistakes leads to valuable experience and knowledge”.

“I have not failed. I’ve just found 10,000 ways that don’t work.” Thomas Edison

Collaboration People need to share ideas and work on problems together, even competitors

make a bigger pie

This is counterintuitive to most of us. “We guard our ideas and our piece of the pie for fear of losing it”.  “Do the opposite” she explains.  Gigi illustrates the point with how the CEO of Coulomb Technologies, a maker of electric charging stations, openly shared ideas and challenges with a Spanish counterpart.  She describes how the Spanish CEO was floored at this uncharacteristic openness because the two companies target the same market. The executive came to appreciate that “trust, openness and transparency leads to a bigger pie” she says. Make the most of your frenemies.

“In the high-tech world, it’s not about fighting over the existing pie,

but GROWING the pie together.”  Gigi Wang

Integrity: High-level of integrity is required when being open and collaborating

The objective is not about “win-lose”. It’s about give&take and that win-win-win is the objective. She explains the three pronged win as being the success of company, employees and partners in the service of customers as espoused by Groupon founder Andrew Mason.

Accessibility:  access to experience and resources to new entrepreneurs

Gigi’s advice to budding entrepreneurs and leaders: be open, reach out.  “Don’t wait for an introduction; take the risk to introduce yourself”.  As for successful and seasoned entrepreneurs; she suggests that they reach out to young entrepreneurs and share valuable advice and learning.

Lee Fraser, President of the Canadan California Business Council (CCBC) was also on hand that evening. To reinforce the point on accessibility, he cites the C100 as one of countless mentorship program in that regards. C100 is comprised of a select group of Canadians based primarily in Silicon Valley, including executives of leading technology companies, experienced startup entrepreneurs and venture capital investors.  C100 is dedicated to supporting Canadian technology entrepreneurship and investment.

Follow Lina Arseneault on Twitter

Constructive Feedback: you must understand what you’ve done right and what you’ve done wrong

Develop and refine your “pitch” skills, embrace continuous learning
  • Stanford offers more free online classes for the world:  Last fall, 356,000 people from 190 countries expressed interest in one or more of the first three classes offered, and approximately 43,000 successfully completed a course. Participants came from as close as Stanford’s Palo Alto campus and as far away as Ghana, Peru, Russia and New Zealand.

Follow Lina Arseneault on Twitter

Jealousy (and lack thereof): instead of being jealous when someone else does better, it is viewed as an opportunity to build a relationship with someone successful

The need to develop the right culture and summarizes its key characteristics as:
  • Openness
  • Collaboration
  • High-level of risk-taking, and
  • The “people networking” environment.

“We must instill high integrity into the next generation of global citizens” says Gigi.

“There’s definitely a sense of equifinality in the Valley whereas the success of one does not diminish the likelihood of someone else’s success” says Anthony P. Sheehan, eMBA 2013.

Referencing Wikipedia’s definition of innovation, she couches her concluding remarks as:

Silicon Valley Innovation

Innovation is the creation of better or more effective products, processes, services, technologies, or ideas that are accepted by markets, governments, and society. Innovation differs from invention in that innovation refers to the use of a new idea or method, whereas invention refers more directly to the creation of the idea or method itself.

  • Create what the market wants, and
    • Design exceptional products
    • Conceptualize, design and prototype
    • Collect lots of feedback, lots of it
    • Iterate, iterate, iterate
  • Market creatively
Highest Paid Person’s Opinion

I especially liked Gigi’s closing comment on the root of innovation:

innovation from the bottom is ‘chaotic’ whereas 

innovation for the ‘top’ is ordered.

Silicon Valley innovation is clearly “chaotic” and that’s what makes this place special.

Long live high-tech wizardry and entrepreneurial witchcraft!

Additional Information:

References:

Silicon Valley   wiki reference

Sign commemorating the site of Schokley Laboratories. Instagram Photo taken by me in 2011.

NPRThe Birth Of Silicon Valley: A Timeline  (This graphical presentation covers the period from the formation of Hewlett Packard in 1938 to the 1971 first appearance of the nickname Silicon Valley in print.  Includes a picture of the garage where William Hewlett and David Packard founded Hewlett-Packard Co. in 1939)

NPR:  3 Part Series on Silicon Valley by Laura Sydell

A History of Silicon Valley: The Greatest Creation of Wealth in the History of the Planet by Piero Scaruffi and Arun Rao

A Guided History of Silicon Valley:  iTunes App:  Silicon Valley Roots & Shoots

iTunes App, an insider’s guide to the companies, people, and products that created this vibrant center of high-tech innovation.  More info  Tracking down the roots (the pioneers) and shoots (the spin-out companies) of the digital revolution is made easy with this unique guide to over 150 locations and resources in the southern San Francisco Bay Area cities, campuses and industrial parks.  Each location has many photos, concise descriptions, maps, and links to additional information.

Age of the Inspired Riff: Learning from the Golden Gate on its 75th  via The Wall Street Journal

Steve Jobs by Walter Isaacson

Imagine: How Creativity Works by Jonah Lehrer.  Includes a section on San Jose and Silicon Valley.

Cisco Acquisition Strategy

In The Plex: How Google Thinks, Works, and Shapes Our Lives by Steven Levy

Facebook’s History: From Dorm To IPO

Tesla Motors was founded in 2003 by a group of intrepid Silicon Valley engineers who set out to prove that electric vehicles could be awesome.

SiliconBeat  The people and companies driving the innovation of Silicon Valley

The Silicon Valley Way, Second Edition: Discover 45 Secrets for Successful Start-Ups by Elton Sherwin

Silicon Valley Community Foundation