Business

"Suffice it to say, we’re in the middle of one of the most important computing shifts in history. And as has happened before with other major paradigm transitions, new businesses will emerge to define and dominate markets."

- Aaron Levie, CEO and co-founder of Box.net, 2011: The Enterprise Resets, TechCrunch, January 2, 2011.

Slowly but surely, CMSReport.com has turned into a nice side business for me. The problem is that this site has grown to a point that it demands more of my time than I can currently offer it. The future of CMS Report is now sitting at crossroad. I plan to be spending the next few months deciding where this site should go from here.

Some of the options I am considering for this site include:

Communication is everything. The moment we’re born, the labyrinth of neurons in our brain starts processing and distributing information. Strong neural connections help our brains to expand their function so we can make smart decisions and reach our potential. Our well being relies on quick, efficient messaging. If the right connections aren’t made early on, our brains miss vital input that would otherwise instruct or protect us.

"You could say, as many do, that shipping jobs overseas is no big deal because the high-value work—and much of the profits—remain in the U.S. That may well be so. But what kind of a society are we going to have if it consists of highly paid people doing high-value-added work—and masses of unemployed?"

Andy Grove, Intel CEO 1987-2005, Andy Grove: How America Can Create Jobs, BusinessWeek, July 1, 2010

What are the enterprise trends in content management? This past month, I've given a lot of thought on the evolution of content management and social media in large organizations. Perhaps the amount of time I've recently spent on the plane traveling both coasts of the United States gave me too much reflecting time on this subject. Most of us understand the impact Enterprise 2.0 has had on enterprise content management, yet I feel like we're missing pieces to the puzzle. Luckily, there are a lot of smart people out there giving us clues to what the current enterprise trends are with content management.

Five years ago, my wife and I had a dream. Together, we wanted to start a blog called "Like that Idea" and so we registered the domain LikethatIdea.com. The idea for the WordPress blog was to have a site where we could identify and review neat ideas which we thought others would like to read about. The ideas came in the form of products, books, movies, services, and interesting article that we read ourselves. In the end though, we ran out of ideas to write about and the site never really took off.

By the time many of you read this post, Like that Idea will be never more. I'm currently working on wiping the site off the server. It's time to say goodbye to one of the few joint Internet projects that my wife and I worked on together. Instead, we'll use the time to work on our own personal projects as well as working jointly on the biggest project of our lifetime, our family.

Below the fold is a post I couldn't help but transfer from LikethatIdea.com over to this site. Thinking back at this moment in time still puts a smile on my face.

Rita McGrath at Harvard Business Review has written a blog post on why she hates micropayments.  Micropayments are financial transactions involving very small sums of money (see Wikipedia). For online publishing, a small fee would allow you to view the content for a certain period of time or for a certain number of articles.

Personally, I'm not sold on the concept of micropayments for content which is probably why I was lured to Ms. McGrath's article in the first place.

The idea has been around a long time — at least since the mid-to-late 90s — with both supporters and detractors weighing in. Millions have been lost by companies seeking to capitalize on streams of micropayments, almost all of which eventually crashed and burned. Myself, when confronted with a request to chip in 99 cents for a one-time glimpse at an article or $2.99 for a week's worth (as some of my local newspapers are doing) — well, I close that window and go away.

The author of the article discusses further the importance for any payment system adopted to consider "how the payment link of customers' consumption chains fits into their total experience". Micropayment systems have a tall order in that they need to be seamless, transparent, and achieve inevitability. Even grimmer for publishers, it's not only the micropayment experience that needs to be improved but also the non-micropayment systems too.

For the past few years, I've paid a yearly subscription to the Wall Street Journal for the print publication and the online subscription. With my yearly renewal coming up very soon, I've decided to discontinue my online subscription to the WSJ. Why would I do that? There are some very basic reasons to why I'm dropping WSJ.com. I rarely find myself reading the online content of the WSJ. I either already read the stories in the print version of the WSJ or I have found myself already familiar with the news story because I read a similar story posted elsewhere online. Stopping by the WSJ.com, unlike CNN or FoxNews, never became a daily ritual for me.

At the start of every year, I like to resolve to read a number of IT, CMS, and business related books. The Internet is a good resource, but perhaps because I'm too old school I still like to learn a thing or two from a book. So far I have three books on my reading list for 2010.

I plan to review each of these books at a later date but since I'm a slow reader I thought I'd share them now. Links to the books go to Amazon for a possible purchase are our available in CMS Report's Amazon store.

"Innovation initiatives that used to take months and megabucks to coordinate and launch can often be started in seconds for cents."

"This new environment also has big implications for managers. Simply put, bosses must be prepared to give up some control. With testing so cheap, easy and accessible, there's less need to ration it as they have in the past. Managers used to directing the company's innovation efforts must give their workers the freedom to come up with ideas on their own and pursue them without lots of red tape."

"Some of the best experiments come from outside the chain of command."

Not sure if I'm early or late to the party, but I just discovered Mixergy.com. Mixergy is a place where 20ish Andrew Warner wants to help ambitious people who love business as much as he does to learn from a mix of experienced mentors. Somebody on the Internet wanting to help you make money, imagine that.