Archive for January, 2009

Super Bowl Stimulus Package

January 30th, 2009


All the talk about the latest stimulus package got me thinking. If single workers are expected to get a $500 tax break and couples a $1,000 tax break, what sort of stimulus package do Super Bowl players receive?

I took a look at the player bonus shares for the winning and losing Super Bowl teams (yes the losers are rewarded) and discovered bonuses have increased over 400% since the Packers beat the Chiefs in the first Super Bowl in 1967. For those interested, here is a snapshot of player bonuses over time:

player bonuses

I couldn’t find the player bonus data for Super Bowl XLIII but let’s assume the bonuses stay constant this year, after all we are in a recession. Call me crazy, but I don’t anticipate the NFL decreasing bonuses. What does it mean for the teams?

If the Steelers Win

  • A win for the Steelers would mean each player would receive a bonus of $78,000 or 241% of the median HH income of $32,262 in Pittsburgh.
  • A loss for the Cardinals would mean each player would ONLY receive a bonus of $40,000 or 83% of the median HH income of $48,061 in Phoenix.

If the Cardinals Win

  • A win for the Cardinals would mean each player would receive a bonus of $78,000 or 162% of the median HH income in Phoenix.
  • A loss for the Steelers would mean each player would ONLY receive a bonus of $40,000 or 124% of the median HH income in Pittsburgh.

Do you favor the Cardinals so both team’s players are compensated more than the median HH incomes in their respective cities? Do you favor the Steelers so you can watch the Cardinals have to cut back on expenses with such a small bonus?

What are your thoughts on the Super Bowl Stimulus Plan? Imagine how this would translate in the corporate world. Does everyone, despite performance, deserve a bonus?

Put your professional network to work in a database

January 29th, 2009

Networking… an important aspect of every successful professional’s career but especially important now. The act of networking has changed with the introduction of the many online networks such as LinkedIn, Facebook and even Seth Godin’s invitation-only Triiibes network are great tools for staying in touch with new and old colleagues. But not everyone is using these tools and let’s face it you don’t want everyone having access to your profile. These tools have really enhanced the ways in which we stay in touch with our networks but relying on these tools to manage your contacts is just not enough. As I write this, there is a reporter on TV talking about a recent increase in identity theft on Facebook. If your profiles are compromised, what happens to those contacts? Perhaps it is a good reminder to keep your contacts in a database that you control.

Once you return from your networking event, make it a point to put those new contacts into action before you forget the conversations or lose the cards all together. Here are a few tips for getting those business contacts organized.

1.    Immediately scan or enter your business cards into Excel or other spreadsheet/database (TrackVia users can easily import this data into an online database via an Excel import)
2.    Enter information on the date you met the contact and interesting points from your discussion
3.    Set a date to remind yourself to stay in touch, add value or share information
4.    Include location information – when you travel, sort your database and schedule stops during your trip
5.    Send a newsletter or email to your database letting people know what you are up to
6.    List social network profiles when applicable
7.    Back it up! (If it is in a TrackVia database, your contacts will be automatically backed up.

And if you need to refresh your networking skills, here are a few links to networking tips:
1.    Tips for networking in Silicon Valley on GigaOm
2.    Entrepreneur shares some insights from book, Smart Networking (see value section)

Once you have your contacts organized, go test your networking attraction factor.

Poking Holes in Outliers

January 27th, 2009

A friend recently sent me Malcolm Gladwell’s Outliers, which is currently the #1 New York Times nonfiction bestseller. A few chapters into the book I came across some surprising statistics that aroused the mathematically inclined skeptic in me.

In chapter 1, Gladwell argues that the January 1st age group cutoff in Canadian youth hockey leagues favors athletes with birthdays at the beginning of the year. He writes of a psychologist who noticed a pattern in the birth months of young, elite hockey players:

More players were born in January than in any other month, and by an overwhelming margin. The second most frequent birth month? February. The third? March.

The author argues that this advantage persists as athletes age, and in fact never goes away:

He looked at the composition of the National Hockey League. Same story. The more he looked, the more Barnsley came to believe that what he was seeing was not a chance occurrence but an iron law of Canadian hockey: in any elite group of hockey players – the very best of the best – 40 percent of the players will have been born between January and March, 30 percent between April and June, 20 percent between July and September, and 10 percent between October and December.

If only I had access to an easy-to-use database with which I could check this. Oh wait, I do. I went to Yahoo Sports and copied the rosters of all NHL teams into a spreadsheet, then loaded the data – 636 professional hockey players – into TrackVia. (You can check my data here.) Then I used TrackVia’s text formulas to split out the month of birth. Finally, I created a filtered view that only included Canadian players, and displayed that view in statistics mode. Here’s the result (try moving your mouse over the different sectors):

The results are nothing like what Gladwell described! The distribution looks pretty even. There are certainly some fluctuations – April and May are big, November is small – but the trend I expected is absent. In fact January and February are both below average, and October and December are right on par. If there were no bias, the average month would have 27 players, with a standard deviation (plus or minus) of 5 – pretty much what we see. A birth-month bias may well exist in Canadian youth hockey, but it appears to average out by the time players have reached the professional level.

What’s my point? I don’t really have one. Except that this is why I’m usually skeptical of simple explanations of complex phenomena. And any excuse to load data into TrackVia to slice and dice, and I’m all over it!

JournalSpace Shoulda Had TrackVia

January 26th, 2009

TechCrunch recently reported that a disgruntled and clearly malicious ex-employee of blogging platform provider, JournalSpace, decided to overwrite the company’s main database resulting in a substantial loss of data for thousands of bloggers. Apparently this former IT person decided that RAID alone would be enough to handle the backup for its main database and then took advantage of the vulnerabilities that he created after he left.

Of course the people behind JournalSpace, which has since been taken over by new owners, learned a hard lesson and maybe that is to not rely on only one form of data protection.

I’m sure the thousands of bloggers who used JournalSpace to host their blogs assumed there would be adequate space on the platform’s servers to back up their entries.  For those who did not back-up their own data, it presents a painful reminder that you can’t rely on these platforms to protect your content. Lesson learned for all you bloggers out there, never assume a third party provider has adequate back-up or back-up procedures at all as this was not the case for JournalSpace. The new owners have since made the policy quite clear.

Had the bloggers using JournalSpace organized and tracked their posts in TrackVia, there would not have been a frantic rush to Google Cache in hopes of retrieving their content and comments.  Check your third party providers to make sure your data is being backed up.   If you’re curious, this could not have happened at TrackVia.  In addition to RAID mirroring in every server, we also store all data in duplicate on physically separate servers in real time, and from there we have a continuously running backup process.  That’s three different back-up strategies running simultaneously. 

Too bad JournalSpace did not look into an online databaselike TrackVia to back-up its data.

Reminder to all bloggers: back it up!

I’ve backed up this post in my TrackVia database.

How to Get Your Blog Program in Shape

January 23rd, 2009

January marks the month where everyone is keen on fitness and getting in shape so we thought it was the perfect time to share some tips for getting your blog program in shape.

We aren’t going to cover SEO tips, links or categories… No, for the purpose of this post and for what we are good at, let’s look specifically at how you are gathering ideas, organizing those ideas and tracking your blog information.

Hopefully some of these tips will help you “blog masters” out there not only maintain an active blog, but also get your blog program organized as well.

> SCHEDULE: create an editorial calendar of blog posts a few weeks out

> DETERMINE a TEAM: consider a team blog where different perspectives can be shared

> SET DEADLINES: get authors and editors accustomed to a schedule

> BUILD A BASE: always have a few extra posts written and on hand

> TIMING: time posts with relevant events and planned editorial calendar opportunities with industry-specific publications

> DIVERSIFY: mix it up from time to time and do a video post or an audio podcast when time is tight but you have a good source right in front of you

> ORGANIZE and TRACK: organize all notes, attachments and multimedia files in an easily accessible database for quick publishing and easy access (TrackVia can help)

> MEASURE: track and record the number of unique visitors a blog received, what time of day it was posted and contributing factors which made it a well-received post or one that received little attention in your database – surely you will need this data at a moments notice later in the quarter

We hope that these tips were helpful. Feel free to share your tips for keeping your blog content organized.

If businesses were run by eight-year-olds

January 22nd, 2009

I recently read an article about the youngest IT professional, an eight-year-old gifted boy in Macedonia. Equally intrigued and alarmed, I started to wonder what today’s workplace would be like surrounded by eight-year-old colleagues and here are a few of the possibilities I came up with:

  • Business applications would be simple, intuitive and colorful
  • Anything that takes longer than one minute to describe is too complicated
  • Typical work day = two hours work, snack, music/recess, lunch, nap, work, bell rings and everyone goes home
  • Everyone would know exactly where the others stood – kids call it like they see it
  • Mandatory snack breaks
  • Ideas that aren’t fun – get dumped
  • Press releases would start with – Knock Knock
  • Everything would be web-based – kids can’t sit in one place for too long
  • Innovation would take off because kids always move onto the next thing
  • Brainstorms take place on the playground


On second thought, this is starting to sound refreshing…

The Green Inauguration

January 21st, 2009

It appears as though I’m feeling green in 2009 (maybe it is the Irishman in me or my intrigue with the green movement), and thus I will continue to write periodic posts on the green movement. I recently wrote a post about the “green electronics” theme at CES, and now I turn my focus to what was billed as the “greenest inauguration ever”. Although I did not experience the inauguration firsthand (I could claim I was doing my part to reduce the carbon footprint, but in all honesty I was saving some green), I do have an opinion or two.

How was this inauguration greener than the first inauguration in 1789? I don’t claim to be an environmentalist, but I still have my doubts. Is calling it the greenest ever a little too aggressive? I think so.

It was estimated by the Institute of Liberty that over 600 private jets would generate 260 million pounds of carbon dioxide during the inauguration. Even if this figure was exaggerated as some claim, I don’t think private jets and limos were an issue back in 1789, but I could be mistaken. Did Hollywood need to make the trek to DC or could they have done their part to save the Earth by watching the event streamed live via Silverlight?

Don’t get me wrong. I think it is great that steps were taken to make the event green – from valet bicycle parking by the Washington Area Bicyclist Association to invitations printed on recycled paper to hundreds of volunteers sweeping the parade area to collect trash and recyclables. It should not take an inauguration to make U.S. citizens think green, and let us not diminish the green movement by calling it the greenest inauguration ever. But in taking a few words from our new president, this effort could easily be called “ the inauguration with hope for a greener future”.

If our kids believe it was the greenest ever, how can we improve on making it even greener in the future? I challenge everyone to take a step back and ask yourself, what did you do to make TODAY a little greener? Let me know.

Business Professionals Share Ideas for Change

January 20th, 2009

Today at 11:56 AM EST Barack Obama will become the 44th President of the United States of America. A lot of people are expecting change with this new administration, so we decided to tap the minds of entrepreneurs and business professionals to share their ideas for change.

We’ve highlighted the main themes from those who submitted ideas below:

  • Better health care coverage for small business owners and employees.
  • AmeriCorps service committed to advising and helping small businesses grow.
  • An increased emphasis on renewable and sustainable energy initiatives.
  • Programs that reward innovation and new thinking.
  • A simplified and reformed tax code

And my favorite submission, more vacation time so Americans have time to refresh their creative juices. We are waiting to see if these themes are consistent with those in Obama’s inaugural address.

This list comes with an open invitation for others to share their ideas as well. Please join us.

Transparency and Accountability with an Online Database

January 19th, 2009

I don’t know about you, but I never liked having to ask my parents for money. I always knew what was coming next.

How did you spend that last money I gave you?
What do you plan on spending this money on?

Yes, it is sad to say but my Dad required a budget for any advance and then a detailed report on how the money was spent. It was never fun, but I must admit I learned to be financially accountable, something I question whether or not the people who have been handed BILLIONS of dollars in TARP (Trouble Assisted Recovery Program) funds have ever learned.

With taxpayers questioning how the first $700 billion in government bailout money was spent and beneficiaries having few answers, 2009 is becoming the year of transparency. An Arkansas lawmaker has even put forward a bill that would require a public database of all state spending to increase transparency. It is great that politicians are working to make their donor lists public, however I challenge politicians and those receiving TARP funds to make public how the money from donors and the government is being spent.

One suggestion for those politicians who are ready to increase transparency could be, ahem, an online database. You might be asking how would an online database improve transparency?

Well, to get started, I have listed the Top Four Ways Databases Increase Transparency (The Database TARP):

1. Track every change made to your database with automatic change history notes
2. Access real time dynamic views
3. Restrict ability for users to update data based on permission levels
4. Publish views to a Web Site

How do you make your data transparent while still maintaining control? Should the U.S. government add an online TARP database requirement to future bailouts?

The Cast of Characters on TrackVia’s Web Site

January 15th, 2009

Someone who clearly has either too much time on her hands or simply needs to get a life brings today’s post to you.

I thought it would be fun to switch things up a bit and turn the conversation onto TrackVia’s Web site that we launched back in September. During the site build, I found myself creating stories for the images we selected as well as the ones we didn’t.

Logging in to TrackVia, I imagine that the three people on the home page are in the middle of an important discussion and yet an underlying non-verbal conversation is also taking place. Here is just one of my imagined situations…

Cast of Characters

What would your story be? Or perhaps you have a story for one of the images you use?

Stay tuned; we just may continue the discussion with the cast of characters on TrackVia’s site.