"Our business has grown rapidly as merchants and consumers have increasingly used our marketplace," Groupon wrote in the S-1. "However, this is a new market which we only created in late 2008 and which has operated at a substantial scale for only a limited period of time. Given the limited history, it is difficult to [...]
The whole report is downloadable as a 50-odd page PDF here, but we've pulled out the best charts for you. They're fascinating. But where it's most striking is how much it contributes to GDP growth: 21% in mature countries, more in the past 5 years than previously. Image: McKinsey Global Institute The Internet has a 3.4% [...]
What good management comprises — what bosses do to make their people productive — isn’t really a mystery. We can argue about the exact wording, but the basic elements aren’t in doubt. We’ve summarized them in what we call the “3 Imperatives”: Manage yourself, manage your network, manage your team. In writing about these elements, we’ve [...]
http://www.asymco.com/2011/04/26/2895/ Apple’s cash for short-term and long-term marketable securities totaled $65.8 billion at the end of the March quarter. Cash increased by $6.1 billion. The increase in cash is net of approximately $900 million for prepayments and capital expenditures related to the strategic supply agreements that Apple announced last quarter. The following chart shows the [...]
First determine the relevance factors to analyze. There are six key factors of message relevance you should examine closely, and I rank them in the following order: lifecycle management, segmentation, personalization, contact management, interactivity, and testing and measurement. Analyzing your relevance across these six factors can help you distinguish areas of strength and weakness so [...]
In the old days of offline marketing, we planned our “campaigns” months or even quarters ahead. It was expensive and time consuming to do a print direct mail campaign or plan a trade show exhibit. So we planned only a dozen or so initiatives in a year and expected each one to contribute a positive [...]
Dealing with failure is part of being a leader. Rather than expend enormous energy to avoid it, you should build an organization that is resilient in the face of inevitable failures. Here are three steps that you can take: 1. Create a culture of sharing failures as well as success. When then-new Ford CEO Alan [...]