Trend singularity: why are businesses going after the same opportunities?

Opportunity CenterTechnological Singularity, according to some futurists, is an event horizon after which the accelerated progress of technology and in particular artificial intelligence becomes too rapid and too extreme to predict. There are various arguments with regards to the exact timing of that event.

I wonder if the structure of the singularity argument could be extended to other areas. For example, I think it’s safe to say we’ve pretty much hit the content singularity. Social media percolation is increasingly so efficient, that stories that once took days and weeks to move from the margins into mainstream media can now take minutes to do so. Once something is deemed interesting or important it gets liked/re-tweeted/etc and at a certain point bound to be broadcasted by one of the big connectors, mavens or salesmen and just take off. It’s on the next news bulletin and in tomorrow’s newspaper.

Unlike with technology, a state of absolute efficiency is not very far from where we are right now. Continue reading

Marketing Plots: the search for meaning trap (and New Year’s resolutions)

Twisted Worlds by Jeff Kubina

Twisted Worlds by Jeff Kubina

February is here, and we can hear the gentle pop of New Year’s resolutions expiring all around us. Like soap bubbles that once were full of hope, reflecting a better future, many of our resolutions are now reduced to a moist residue on the harsh pavement of reality.

It’s no surprise that coming up with resolutions is much easier than keeping them. A 2007 study by Richard Wisemen from the University of Bristol showed that 88% of those who set New Year resolutions fail, even though over 50% felt confident they will succeed at the point of making their resolution.

New Year’s resolutions are commonly articulated as objectives, and just like business objectives, common reasons for failure can include lack of strategy, inconsistent implementation, lack of stakeholder engagement and cultural fixations. But there’s one pattern of failure I’d like to point out: the search for meaning trap.

When we set ambitious change-orientated goals, we are engaging with our definition of purpose. We are articulating various “happy ending” objectives and laying out early chapters for new, life-changing, narratives. In essence, defining resolutions is one of the ways we explore the meaning of our lives.

Similarly, defining business objectives is an activity intertwined with the organisational search for meaning. When we define business objectives we are exploring the purpose of our organisation and redefining a vision of our company’s future. The more critical the objectives are, the deeper we will have to engage with the fundamental questions about our brand. We will discover that in order to make significant changes to the composite and priorities of objectives, we have to engage with the question of who we really are as a company. That’s why in strategic processes you will find that terms like mission, vision, purpose, values, brand story, personality and other terms suggesting deep meaning tend to connect, raising further complexities and challenges.

This is the point where the search for meaning trap kicks in.

Continue reading

Breakthrough thinking traps and two types of brand projects

A prospecting shaft. Mch. 26. Claim 44 below Discovery, Hunker Creek

A prospecting shaft. Mch. 26. Claim 44 below Discovery, Hunker Creek (1901) by Joseph Burr Tyrrell, 1858-1957, CC: Thomas Fisher Rare Book Library, University of Toronto

Strategic brand ideas are rarely linear textbook answers; they often call for an original reframing of the problem or reinvention of the rules. Strategy is sometimes called “The creative before the creative”, but fundamentally both share a similar ambition – the quest for breakthrough ideas.
Breakthrough thinking is just as mysterious as breakthrough creativity – the two are intertwined. And while there have been attempts at exploring it, you won’t be surprised to know that there are no recipes. However, occasionally there are some useful tools and models.

One of my favourite descriptions of the quest for breakthrough ideas, highly applicable to design thinking, is found in David Perkins’ book “The Eureka Effect: The Art And Logic Of Breakthrough Thinking”.
Perkins constructs a model of breakthrough thinking based on the analogy of digging for gold in the Klondike. During the gold rush, everybody is looking for gold, and there are various methods of digging for it. When you find gold, if you have even little experience, you’ll know you’ve hit gold. But the big question is “how do you know where to dig?”

In that tricky terrain, the breakthrough answers and brilliant ideas are out there somewhere, but to get to them, the creative thinker must confront four types of thinking traps: Continue reading

Valve software: why idea development is like Jenga

To the non-gamers among you, Valve software is the gaming’s industry most original player. They combine game design innovation, with marketing and business model innovation, they are the avant-garde. you could say they are the Pixar of game development, only they’re much more.

Here is a quote from a recent blog post that I think applies to concept development in general and creative/strategy collaboration in particular:

“Coming up with a Meet the Team short [* animation shorts promoting one of their games. UB] is a lot like a game of Jenga. 99% of it involves making room for an idea and seeing what happens.

Most of the time what happens is the whole structure collapses. Then you have to figure out why it collapsed and rebuild it, this time making sure to add in some structural support for your idea so it doesn’t bring the whole short down.”

(the rest of their post relates more to the specific animated short they’ve been developing)

Brand agencies: Evolve or prepare to be assimilated

(Disclaimer: Even though I say it somewhere else on this site, the opinions here are always my own)

While working on an article about brand ecosystems, I came across an interview Diageo CMO Andy Fennell recently gave to Marketing magazine.

Here are some choice quotes:

– Given your marketing challenges, what type of agency do you need today?

There’s one thing that we will always need from our agencies – brilliant creative ideas. That’s what we are buying – big ideas, full of flair to surprise our consumers. At Diageo, when we work with an agency it is the number one priority. Sure, account servicing and all that stuff is relevant. But the reason we buy an agency’s service is because of its creative flair.

That said, we can no longer segment the different aspects of an idea in the way that we used to. We need agencies that can see the totality of our engagement with the consumer, whether that is blogger outreach, social networking conversations, long-form content or more traditional advertising. Almost always, we need agencies collaborating with each other around what we end up showing to the consumer.

There are very few, if any, agencies that are able to do everything. So, we need our lead agencies to be able to see the whole idea and collaborate with partners in order to deliver to the consumer something that joins together and makes sense. We talked about integrated marketing for years. It’s been a buzzword in agency land. Now it is absolutely required. If it’s not integrated, the consumer rejects it.

– If it’s all about getting consumers to participate, do you still need big campaigns?

Not big advertising campaigns, but we need big brand ideas. When you have more and more people collaborating, you need a big idea to hold it together. The difference now is that you don’t start with an ad campaign. You start with an idea that allows people to participate – so we talk about ‘participating platforms’.

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You can read the rest here.

No big surprises for brand agencies there, you might say, but here is a thought…

When the entire marketing world becomes hyper-integrated and idea-driven, two of the core elements that used to set apart Brand(/ing) Agencies in the past become hygienic to the entire creative industry.

The concept of having a “Brand agency” in such a world, makes as much sense as having a “Positioning Agency” or a “Differentiation Agency”. Branding is just too important as a mode of thinking in marketing to be fenced off and left only for one type of agency. Continue reading