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WebMD to announce massive layoffs Tuesday - Atlanta Business Chronicle

WebMD to announce massive layoffs Tuesday - Atlanta Business Chronicle | Innovative Marketing and Crowdfunding | Scoop.it

Here's another example of the people in company leadership, resting on their laurels. Once a leader in the nascent internet business models, now a dinosaur, WebMD has forgotten about innovation and how to keep up with the competition. Or maybe they didn't think they had any competition. 


This statement blows me away:


"We have begun the process of rationalizing our infrastructure to streamline operations and reduce costs while we make the reinvestment and changes necessary to position the company for long term growth."


My questions:

1. Why are they just now beginning? That needs to be an ongoing process, not a reactive event when things go very wrong. 


2. Why are they just now thinking about reinvestment strategies? What have they been investing in? Executive bonuses? Boondoggle management trips to the Caribbean? 


3. Why did it take a significant change in their quarterly results to just now strategize about positioning for long-term growth? Isn't that what a competent board of directors is supposed to do? Isn't that what a solid executive management team is supposed to do? Have you been sleeping for the last 5 years? 


If you are in business or run a business, you may want to pull your head out of your arse and see what your competition is doing, how the industry directions are changing, what disruptive business approaches, business models, technologies and startups are on the horizon. Who in your industry is getting funded by VC firms? Might want to pay attention to those.


These days, people in the leadership chairs at big corporations need to watch carefully what's going on around them, or the stars of the past will just wither away. 


I'm sure the laid off and remaining employees at WebMD will be bolting to greener pastures to companies who remain leaders in their fields. Those leaders are the ones that remain innovative and can still move fast enough to out-compete and out-collaborate. No matter how big or small the company.


Too bad WebMD can't. 


Contact me if you want some help figuring out what your competition is up to, and what you can do about, so you can thrive. 


Marty Koenig

CxO To Go

mkoenig@cxotogo.com


--

Health information provider WebMD Health Corp. is expected to announce major layoffs...

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Dionne Lew's curator insight, December 11, 2012 12:12 PM

Good analysis around leaders needing to constantly drive strategy and not rest on previous gains.

Innovative Marketing and Crowdfunding
In pursuit of the latest marketing strategies, social marketing, content marketing, information product marketing, author and book marketing, product development, story telling, website design, creating a compelling story, marketing technology and tools, building a tribe of loyal, raving fans, positioning and differentiating so your business can make more money. Add in my years of experience in CMO/Chief Marketing Officer roles, and we've got a popular topic. One realization of all this is launching and engaging in a top notch experience for the target audience, including crowdfunding campaigns. It's all marketing.
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Super Bowl halftime performers may soon pay to entertain you - The Business Journals

Super Bowl halftime performers may soon pay to entertain you - The Business Journals | Innovative Marketing and Crowdfunding | Scoop.it
The Super Bowl isn't just any other event; it's an American cultural moment that resists demographic silos.
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Inc.'s top 10 cities for fastest-growing companies - Denver Business Journal

Inc.'s top 10 cities for fastest-growing companies - Denver Business Journal | Innovative Marketing and Crowdfunding | Scoop.it
Denver, CO News - View Daily Local Business News, Resources & more in Denver, Colorado.
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Morons Wanted - Motogo

Morons Wanted - Motogo | Innovative Marketing and Crowdfunding | Scoop.it
    Morons Angels Wanted   A business owner invited me to invest in their new business recently.  I looked at their “deck”, which had no financial information and was just a couple of pages – very scant on detail. They had a track record, but wanted to start a new business in a related field.  After …
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Security App Lookout Attracts $150 Million in Venture Capital

Security App Lookout Attracts $150 Million in Venture Capital | Innovative Marketing and Crowdfunding | Scoop.it

Lookout, a seven-year-old mobile security company in San Francisco, is riding a wave of concern over cyberthreats, with 50 million people using its security app.

Now, the company has raised a fresh haul of venture capital from some major financial firms.

Lookout announced on Wednesday that it had attracted $150 million from investors led by T. Rowe Price Associates. Other investors include Goldman Sachs, Morgan Stanley Investment Management, the Wellington Management Company and Bezos Expeditions, the personal investment fund of Jeffrey P. Bezos of Amazon.

A number of previous investors in the company – including the venture capital firms Andreessen Horowitz, Accel Partners, Khosla Ventures, Index Ventures and Mithril Capital Management, which was founded by Peter Thiel – also participated.

The presence of T. Rowe Price and Morgan Stanley Investment Management, two firms that serve wealthy individuals, could indicate that Lookout is at a mature stage. Young technology companies, when they are gearing up for an initial public offering, like to accept investments from such firms because they are seen as long-term investors that will not immediately sell shares in an I.P.O.

“These are very long-term, patient investors who are here to help us in building a multidecade franchise,” said John Hering, the co-founder and executive chairman of Lookout, who until recently was the chief executive.

Lookout hired its current chief executive, Jim Dolce, in March. Mr. Dolce, a Silicon Valley veteran, previously founded four technology companies, including one that was acquired by Juniper Networks and another that was bought by Akamai Technologies.

Mr. Dolce said that while Lookout had made inroads with individuals and some small businesses, he now hoped to convince large companies to sign up and put their employees on the service, especially given that more companies allow employees to use their own mobile devices for business.

The new capital will help the company develop new products and expand its sales team, as it tries to crack the large business market, Mr. Dolce said.

“This financing, especially given its size, is a testament to what we’re doing here,” he said.

For venture capitalists, Lookout has several promising sectors of growth. Its software is delivered over the cloud on a subscription basis, providing a predictable stream of revenue. It is also focused on mobile devices, which many technology experts see as the future of computing.

Most important, it appeals to consumers and companies worried about malware, viruses and other threats. The app says it can block malicious websites as well as check which other apps are using a consumer’s private information. And it includes a service to help consumers recover a lost or stolen phone.

In the United States, Lookout has partnered with AT&T, T-Mobile and Sprint, which offer the service to their customers. It also works with major mobile companies in Germany, France and Britain.

With the latest financing, Lookout has raised a combined $280 million. Allen & Company was the adviser on the latest financing round.



Get your Free Business Plan Template here: http://bit.ly/1aKy7km



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Marc Kneepkens's curator insight, August 16, 6:48 AM

Security problems are huge, the money invested proves that.

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Brainstorming Doesn't Work; Try This Technique Instead

Brainstorming Doesn't Work; Try This Technique Instead | Innovative Marketing and Crowdfunding | Scoop.it
Ever been in a meeting where one loudmouth's mediocre idea dominates? Then you know brainstorming needs an overhaul.
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Lisa McCarthy's curator insight, August 12, 3:17 AM

Sharing ideas in groups isn't the problem, it's the "out-loud" part that, ironically, leads to groupthink, instead of unique ideas.

Mónica Díaz's curator insight, August 12, 7:52 AM

…"Thompson and Nordgren suggest another, quieter process: brainwriting. (The phrase, now used by Thompson, was coined by UT Arlington professor Paul Paulus.) The general principle is that idea generation should exist separate from discussion. Although the two professors have slightly different systems, they both offer the same general solution: write first, talk second."

Cheryl Turner's curator insight, August 12, 8:04 PM

this idea makes sense, however, I think there is a place for  people bouncing off one idea, and the phenomenon that one idea can spark another in someone else's mind.

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The Most Powerful Ways to Start a Presentation

The science is clear: People make decisions on the basis of first impressions. As speakers, we need to take advantage of that.
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SBA Takes Part in Millennial Trains Project to Reach Entrepreneurs Across the Country

SBA Takes Part in Millennial Trains Project to Reach Entrepreneurs Across the Country | Innovative Marketing and Crowdfunding | Scoop.it
Marty Koenig's insight:

Hmmph. Bypasses Denver :-(

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IBM cracks open a new era of computing with brain-like chip: 4096 cores, 1 million neurons, 5.4 billion transistors | ExtremeTech

IBM cracks open a new era of computing with brain-like chip: 4096 cores, 1 million neurons, 5.4 billion transistors | ExtremeTech | Innovative Marketing and Crowdfunding | Scoop.it
Scientists at IBM Research have created by far the most advanced neuromorphic (brain-like) computer chip to date. The chip, called TrueNorth, consists of 1 million programmable neurons 256 million programmable synapses spread out across 4096 individual neurosynaptic cores. Built on Samsung's 28nm process and with a monstrous transistor count of 5.4 billion, this is one of the largest and most advanced computer chips ever made. Perhaps most importantly, though, TrueNorth is incredibly efficient: The chip consumes just 72 milliwatts at max load, which equates to around 400 billion synaptic operations per second per watt -- or about 176,000 times more efficient than a modern CPU running the same workload, or 769 times more efficient than other state-of-the-art neuromorphic approaches. Yes, IBM is now a big step closer to building a brain on a chip.
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30 Things British People Say Vs What We Actually Mean. #9 Is Perfect.

30 Things British People Say Vs What We Actually Mean. #9 Is Perfect. | Innovative Marketing and Crowdfunding | Scoop.it
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Lisa McCarthy's curator insight, August 6, 1:31 AM

Love this article - one of my biggest learnings when immigrating to England, was "understanding the language", especially in the corporate setting.  By the way, I'm still learning...

Christian Habermann's comment, August 8, 7:39 AM
Love the "Not too bad actually." It's Brilliant!! I am surprised that brill or brilliant did not make it though??
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Trash Can Odor Eliminator by MiniBini

Trash Can Odor Eliminator by MiniBini | Innovative Marketing and Crowdfunding | Scoop.it
This trash can odor eliminator, discovered by The Grommet, secures under the lid or anywhere else on the inside of a trash bin and comes in a variety of scents.
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Rescooped by Marty Koenig from The Marketing Technology Alert
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21 Rules For Effective Social Media Marketing Strategies - Social Metrics | #TheMarketingAutomationAlert

21 Rules For Effective Social Media Marketing Strategies - Social Metrics | #TheMarketingAutomationAlert | Innovative Marketing and Crowdfunding | Scoop.it

 

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iNeoMarketing's curator insight, November 19, 2013 2:32 PM

More blocking and tackling. Not being snarky, but admiring the fundamentals.

Miguel Paul Trijaud Calderón's curator insight, July 25, 3:19 AM

Infographic: 21 short tips about how to handle successfully your Social Media strategy.

Josep M Agusti Roca's curator insight, July 25, 3:46 AM
21 Rules For Effective Social Media Marketing Strategies - Social Metrics
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12 year old has Muscular Dystrophy. Help him live!

12 year old has Muscular Dystrophy. Help him live! | Innovative Marketing and Crowdfunding | Scoop.it
Dylan can't live a full life. He won't live past his 20s. Please. Help him live a great life!
Marty Koenig's insight:

New! A MUST SEE Crowdfunding campaign on Indiegogo. 


https://www.indiegogo.com/projects/12-year-old-has-muscular-dystrophy-help-him-live 


Disclaimer - it's mine. 


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Millennials want to live in parking spaces, school says

Millennials want to live in parking spaces, school says | Innovative Marketing and Crowdfunding | Scoop.it
ATLANTA -- Would you ever consider living in an 8-by-16-foot parking space? Apparently, much of the millennial generation would, says an educator. Design students in Atlanta have unveiled the SCADp...
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Wells Fargo launches Startup Accelerator program - Denver Business Journal

Wells Fargo launches Startup Accelerator program - Denver Business Journal | Innovative Marketing and Crowdfunding | Scoop.it
Colorado's biggest bank takes a lesson from the venture capital playbook to invest in companies that could develop technology the bank could use to serve its customers.
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Colorado economy rated tops in nation - Denver Business Journal

Colorado economy rated tops in nation - Denver Business Journal | Innovative Marketing and Crowdfunding | Scoop.it
"Colorado's economy is broadly growing at a healthy clip, and so it comes in as the overall winner," Business Insider says.
Marty Koenig's insight:

Yep.

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CenturyLink to turn Denver into a Gig City with 1 gigabit per second

CenturyLink to turn Denver into a Gig City with 1 gigabit per second | Innovative Marketing and Crowdfunding | Scoop.it
CenturyLink will announce Tuesday that it is bringing super-fast broadband to Denver residents and businesses, offering speeds of up to 1 gigabit per se
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UHD/4K Quandary: To Buy or Not to Buy - AVS Forum

UHD/4K Quandary: To Buy or Not to Buy - AVS Forum | Innovative Marketing and Crowdfunding | Scoop.it
Scott Wilkinson muses on whether or not native 4K content is necessary for 4K TVs and the wisdom of buying one now. I'm on a lot of e-mail
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5 Phrases Every Leader Should Overuse

With all the things you need to handle as you lead your startup, it's easy to get lost. Rely on these phrases to guide you in the right direction.
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NFL players to wear RFID chips to track their movements on the field | Impact Lab

NFL players to wear RFID chips to track their movements on the field | Impact Lab | Innovative Marketing and Crowdfunding | Scoop.it
The sensors will track the players on the field. Beginning this September, and for the first time ever 17 National Football League stadiums will e
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Outpace the Apocalypse with this Motoped Survival Bike - Boldride.com

Outpace the Apocalypse with this Motoped Survival Bike - Boldride.com | Innovative Marketing and Crowdfunding | Scoop.it
Introducing the Motoped Survival Bike, your go-to transportation for any emergency, or when the zombie apocalypse hits.
Marty Koenig's insight:

Bad A$$

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Nelly Renard's curator insight, August 9, 1:00 AM

Vous êtes fan de The Walking Dead ou survivalites, c'est la moto qu'il vous faut ;o)

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Why implementation matters | McKinsey & Company

Why implementation matters | McKinsey & Company | Innovative Marketing and Crowdfunding | Scoop.it
How important is the way you implement a major change effort? We surveyed more than 2,000 global executives to find out—and to learn from the best. A McKinsey & Company article.
Marty Koenig's insight:

Valuable impact is only generated by execution. 

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Scientist fired from university after discovering shocking dinosaur bones believed to be only 4,000 years old

Scientist fired from university after discovering shocking dinosaur bones believed to be only 4,000 years old | Innovative Marketing and Crowdfunding | Scoop.it
Scientist fired from university after discovering shocking dinosaur bones believed to be only 4,000 years old
Marty Koenig's insight:

The cost of thinking outside the box disrupting the "we have always done it this way" approach. 

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The solar storm of 2012 that almost sent us back to a post-apocalyptic Stone Age | ExtremeTech

The solar storm of 2012 that almost sent us back to a post-apocalyptic Stone Age | ExtremeTech | Innovative Marketing and Crowdfunding | Scoop.it
While you didn't see it, feel it, or even read about it in the newspapers, Earth was almost knocked back to the Stone Age on July 23, 2012. It wasn't some crazed dictator with his finger on the thermonuclear button or a giant asteroid that came close to wiping out civilization as we know it, though -- no, what nearly ended us was a massive solar storm. 'If it had hit, we would still be picking up the pieces,' says Daniel Baker, who led the research into the massive solar storm.
Marty Koenig's insight:

"If power fails, so does everything else"

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Nacho Vega's curator insight, July 27, 7:57 AM

So close...!

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Now this is innovative: Delta's Innovation Class

Now this is innovative: Delta's Innovation Class | Innovative Marketing and Crowdfunding | Scoop.it
This is Delta Innovation Class, a unique initiative where leaders and professionals in various fields share knowledge and skills with up-and-coming innovators and doers in a mentoring program that happens to take place at 35,000 feet.
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How to Make Money and Create Jobs by Teaching Crowd-funding Training Classes in Your City, State or Country

How to Make Money and Create Jobs by Teaching Crowd-funding Training Classes in Your City, State or Country | Innovative Marketing and Crowdfunding | Scoop.it
Did you know that 50% of the 48 contiguous United States don't have one single crowdfunding training class? That means anyone with a marketing degree can make $49 to $399 per student teaching peopl...
Marty Koenig's insight:

Nice!!

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