I’ve been speaking for a couple of years now on “The COI – Cost of Inaction”…it’s always a good fallback when companies won’t accept the ROI – Return on Investment. Even when it’s clear that acquisition of customer costs drop through word of mouth, that support costs drop due to peer to peer support, that customer engage with your brand for longer and more often and brand recall goes through the roof, it’s still “too dangerous”. Here’s a shot of me at a Tweetup in Singapore in March 2009 talking about COI.

What ensued online was comprehensively a brand trashing and demonstrated what happens if you don’t pay attention to social media – even just monitoring it – it can cost your company $180,000,000. This is a follow on from my posts on Cost of Inaction , also Steak and Shake and Apple vs Engadget . Dave The Times claims that it cost United Airlines broke a guitar. Dave Carroll’s guitar got broken on a United plane flight.

By comparison, the entire Marshall Plan to rebuild Europe after World War II cost a mere $9.3 According to the United Nations, it would cost $195 billion to eradicate most poverty-related deaths in the Third World, including deaths from malaria, from malnutrition, and from AIDS. From a long contribution in the progressive magazine Tikkun, it’s good to remind ourselves of these figures, and what a fraction of that money could have done to solve a number of grave social problems. John Sanbonmatsu: “Since last summer, in fact, the governments of the leading industrialized

Via CMS Wire : “Black Duck Software (news, site) recently released a report stating that, by their calculations, the development cost of open source software is US$ 387 Billion. That’s roughly half of the US stimulus bill. Contributing to this value are over 200,000 open source projects with over 4.9 billion lines of code.

The CPSIA, by requiring expensive tests that cost hundreds of dollars for each separate product, criminalizes such small-batch production. The only way to stay in business is to produce in long enough runs to amortize the cost of the testing for each product. The desktop revolution has reduced the basic item of capital equipment needed to engage in production in these industries to a few hundred or thousand $$; and the network revolution One of the key arguments in Kevin Carson’s landmark book on Organization Theory . I

This is a story told in Malcolm Gladwell’s Outliers book, summarized by Rod Beckstrom, himself the author of The Starfish and the Spider. It appeared in his newsletter . Rod Beckstrom: How Korean Air Spiders turned into Starfish in the Cockpit “ 8220; Gladwell

DWOLLA ( https://www.dwolla.com/ ) bills itself as a peer to peer payment platform which allows any user to exchange money with another user quickly, safely, at a lower cost. For now, the system is operational in the US only, and so far it covers, I believe, Iowa and California. On the system’s blob, users are encouraged to vote to extend the service to their state .

Looked at this way, there are many more choices that can be considered when an organization is forced to reduce costs. Dan Montgomery has a 30 year background as a management consultant and executive coach, and as a manager, counsellor, and trainer. Tags: cost reduction Dan Montgomery organizational models VN by Dan Montgomery It happened one Friday morning in 1991, just before Christmas. My boss eyed me as I arrived at work, and called me into his office.

quot; Asset Impact Cost/Benefit Analysis Note that Asset Impact indicators are greatly augmented by conducting a Perceived Value analysis. Completion of a regulatory compliance transaction might have a negative Cost financially. It might also have an even greater negative Cost on Internal Structures by taking valuable IT time and resources. The first chart shows the overall Cost/Benefit Indicators and Metrics for Monitoring and Predicting Performance One of the most powerful benefits of value network modeling is the ability to monitor, predict and influence performance.

Doing it at cost. know of several events that are run on a cost-recovery basis but how can we make this as interesting as possible? It used to be really tricky & expensive to find people. Finding speakers. Finding venues.