Sunday, February 7, 2010

Dot Com Memories - Superbowl Adverts

When we spent time in San Francisco in 2000 as part of an Antipodean startup, there was a bizarre moment in the process of obtaining precious venture capital that it became obvious the cheques being written would not be less than tens of millions - it was too tiresome for the VC's to break up their fund in $1-5m chunks spread across a portfolio of smaller startups. Way too much paperwork.

Apart from not wanting to see the majority of the company disappear under $25m of VC equity, we also struggled to imagine what to spend the extra $20m beyond the requirement for $5m to get to profitability the old-fashioned way (customers, profits, you know...).

Anyway, to cut a long story short, the answer was 'Superbowl adverts'! If you haven't heard about them, it's a one-off television commercial that must cost millions to make, whilst the media time alone is in the millions as well. Theory being that several million overweight American consumers have consumed so much beer and fried chicken by half-time in the annual football final, that they cannot move from the couch.

To keep you up to the moment in your latte discussions over strategy, we've co-opted Forbes Magazine's kind offer of a built in video player with the 2010 adverts. They were released to the web in the 4th quarter of the game, acknowledging that 'advert watching' has now become part of the event itself.


You must have Adobe Flash Player 9
or higher installed to view this content

Get Adobe Flash player


Then again, you might remember the most famous superbowl advert of all time?

Monday, February 1, 2010

Ogori Cafe - a metaphor for your business strategy

We picked up a fascinating blog post on the wires this week - and whilst it's a fun idea for a cafe, it's an evening more interesting thought starter for the subject of corporate strategy.

Either way, it's guaranteed to strike an interesting emotional reaction in most people.

The idea is simple - here's PSFK's description of the concept:

"Cabel Sasser brings word of a mysterious cafe that he recently experienced in Kashiwa in Japan. Located inside the Urban Design Center Kashiwa-no-ha, the Ogori cafe looks innocuous enough, but holds a surprise in store for its patrons.

In a nutshell, you get
what the person before you ordered, and the next person gets what you ordered. Thus, if you’re in on the game, you can choose to be either a generous benefactor, and treat those that come after you – or try your luck at being cheap.

Either way, it’s an interesting experiment that explores surprise, kindness and encourages interactions.

As I sat down to enjoy my surprise Appletizer, loving this insane idea and wondering what would happen if you tried it in America, a Japanese woman approached the cafe. Since she could actually speak Japanese, she could read the large sign at the front and, fortunately or unfortunately, got advanced warning of what she was in for.

Before making a final decision on what to order, she quietly snuck up to me to try to ask me what I had ordered, knowing that it would be her unwavering refreshment destiny. The staff put a quick stop to her trickery, and I didn’t answer.

Of course, regardless of what she ordered, she got the orange juice I ordered a few minutes earlier. But here’s one of the moments that make this experiment cool: she actually chose orange juice, just like I did. So she got what she wanted. Ogori cafe synchronicity!

Before we left, there was one last thing hat had to be done. Mike went up to the cafe, slapped down a couple thousand yen (~$25), and ordered a little bit of everything: some ice cream, some snacks, some candy, some drinks, a Japanese horn-of-mysterious-plenty intentionally set up as a shocking surprise for the next lucky customer. (After his order, Mike received single iced coffee.)

As we walked away from the cafe, with just the right amount of delay, we heard an extremely excited “arigato goazimasu!! thank you so much!!” yelled in our direction, from an ecstatic mom and her equally excited young son. They truly appreciated the surprise. It was so worth it."


So - apply this crazy Japanese 'we're all linked together' thinking to your business planning cycle.

It's most likely you're currently eating what the last person who prepared a strategy for your group ordered. You're probably now engaged in ordering the plan that responds to the GFC/ iPad/ exchange rate crisis/ __________ (insert your option here), which if the process of corporate job promotion (if it works, you're heading up the chain!) and general job churn applies, someone else will get to eat.

Should we be more cogniscent of that when we make a plan? Do you make your order/strategy a little more conservative, knowing clearly that everyone is the next person in the queue at some stage? Do you make it more flexible? More generous? More frugal - are all orders suddenly the minimum amount (ie effort/risk) people can spend? Does it change the way you feel about that plan? Are we grateful to those who precede us who ordered generously?

Just the sort of things we like to mull over at R+R. The misanthropes we poll on this subject conclude that human beings will quickly descend to the lowest common denominator, unable to control their fear of being short-changed - thus investing the absolute minimum.

What say you?

*Read Cabel Sasser's full post here.