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<channel>
	<title>New Lantern &#187; performance</title>
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	<link>http://newlantern.com</link>
	<description>business innovation, art and design</description>
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		<title>Creativity Gets Personal</title>
		<link>http://newlantern.com/innovation-economy/creativity-gets-personal/</link>
		<comments>http://newlantern.com/innovation-economy/creativity-gets-personal/#comments</comments>
		<pubDate>Sun, 15 Jan 2012 23:19:28 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[innovation economy]]></category>
		<category><![CDATA[innovators]]></category>
		<category><![CDATA[creative]]></category>
		<category><![CDATA[creativity]]></category>
		<category><![CDATA[employees]]></category>
		<category><![CDATA[innovative]]></category>
		<category><![CDATA[performance]]></category>
		<category><![CDATA[productive]]></category>
		<category><![CDATA[talent]]></category>

		<guid isPermaLink="false">http://newlantern.com/?p=5638</guid>
		<description><![CDATA[In today’s New York Times, author Susan Cain has penned an op-ed called “The Rise of the New Groupthink.”  In it, she highlights research that strongly suggests that despite all the corporate hype about the importance of groupthink and collaboration, “people are more creative when they enjoy privacy and freedom from interruption.”...]]></description>
			<content:encoded><![CDATA[<p>In today’s <a href="http://www.nytimes.com/2012/01/15/opinion/sunday/the-rise-of-the-new-groupthink.html?_r=1&#038;ref=todayspaper" target="_blank"><i>New York Times</i></a>, author <a href="http://www.thepowerofintroverts.com/about-the-author/" target="_blank">Susan Cain</a> has penned an op-ed called “The Rise of the New Groupthink.” In it, she highlights research that strongly suggests that despite all the corporate hype about the importance of groupthink and collaboration, “people are more creative when they enjoy privacy and freedom from interruption.”</p>
<p>In her upcoming book, <i>QUIET: The Power of Introverts in a World That Can’t Stop Talking,</i> Cain builds on this assertion by citing numerous cases where introversion is responsible for creativity and innovation. For example, she points to well-known introvert and Apple co-founder Steve Wozniak, who as she puts it, “toiled alone on a beloved invention, the personal computer.”</p>
<p>Cain does not totally dismiss teamwork. She notes its important place in the overall corporate process of exchanging ideas, managing information and building trust. Yet, she’s less sympathetic towards so-called &#8220;brainstorming sessions,&#8221; which she describes as “one of the worst possible ways to stimulate creativity.”</p>
<p>I agree with Cain on many levels. As I have written here in numerous blog postings over the last three years, creativity should be nurtured in the individual, and that each person’s trigger or button for creativity is different and should be highly valued.  </p>
<p>For example, in my blog post, “<a href="http://newlantern.com/management-consulting/find-your-creative-place/" target="_blank">Find Your Creative Place</a>,” from April 26, 2009, I note the importance of finding that place and state of mind where you feel you are at your most creative and productive. “It may be a bench in your favorite park, a special nook or room in your house or spot in your yard, a quiet desk at a library, a small bistro table in a busy Starbucks, or a spot at work where no one can interrupt you.”  </p>
<p>And I called on businesses to provide for a culture that encourages employees to take advantage of their most creative places to do their work, of course, within the boundaries of practicality.  </p>
<p>I’ve also written numerous times on this blog about the powers of teleworking, and allowing certain employees, where possible, to work from home or from some other location where they could be more creative and productive.</p>
<p>Like Cain, I agree that a focus on greater private time and individualization is not a call for employee isolation. There still can be plenty of opportunity during the work day or during the week for team members to assemble in face-to-face groups, teleconference and video conference.  </p>
<p>In the end, corporations have the power to spur increased creativity within their ranks by focusing attention and programs not just on the extroverts, but also those introverts who may very well be the source of your company’s next best product or service.</p>
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		<title>Happy Thanksgiving and Beyond</title>
		<link>http://newlantern.com/management-consulting/happy-thanksgiving-and-beyond/</link>
		<comments>http://newlantern.com/management-consulting/happy-thanksgiving-and-beyond/#comments</comments>
		<pubDate>Thu, 24 Nov 2011 23:19:13 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[management consulting]]></category>
		<category><![CDATA[company]]></category>
		<category><![CDATA[customers]]></category>
		<category><![CDATA[employees]]></category>
		<category><![CDATA[performance]]></category>
		<category><![CDATA[success]]></category>

		<guid isPermaLink="false">http://newlantern.com/?p=5523</guid>
		<description><![CDATA[Now is the time to give thanks to your employees, customers, clients, shareholders, partners and all those who help make your company hum...]]></description>
			<content:encoded><![CDATA[<p>Now is the time to give thanks to your employees, customers, clients, shareholders, partners and all those who help make your company hum.  </p>
<p>Better yet, I suggest that you carry the Thanksgiving spirit with you throughout the remainder of the year and into 2012. No company or organization ever succeeds alone. It is always a group effort.  </p>
<p>By demonstrating a little humility and thankfulness, you’ll greatly increase the chances that your company will be around next Thanksgiving and many Thanksgivings to come. </p>
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		<title>Using the Old Bean</title>
		<link>http://newlantern.com/innovation-economy/using-the-old-bean/</link>
		<comments>http://newlantern.com/innovation-economy/using-the-old-bean/#comments</comments>
		<pubDate>Wed, 16 Nov 2011 00:16:17 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[innovation economy]]></category>
		<category><![CDATA[innovators]]></category>
		<category><![CDATA[management consulting]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[company]]></category>
		<category><![CDATA[customers]]></category>
		<category><![CDATA[leadership]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[performance]]></category>
		<category><![CDATA[product]]></category>
		<category><![CDATA[productive]]></category>
		<category><![CDATA[service]]></category>

		<guid isPermaLink="false">http://newlantern.com/?p=5496</guid>
		<description><![CDATA[Nothing says November like the feel of wearing a wool sweater from L.L. Bean. I’ve been a fan of L.L. Bean’s no-frills, long-lasting clothing products for over 30 years...]]></description>
			<content:encoded><![CDATA[<p><a href="http://newlantern.com/wp-content/uploads/2011/11/ll-bean-sweater.png"><img class="alignnone size-medium wp-image-5501" style="margin-left: 8px; margin-right: 8px;" title="Sweater from L.L. Bean" src="http://newlantern.com/wp-content/uploads/2011/11/ll-bean-sweater-253x300.png" alt="ll bean sweater 253x300 Using the Old Bean" width="253" height="300" /></a></p>
<p>Nothing says November like the feel of wearing a wool sweater from <a href="http://llbean.com" target="_blank">L.L. Bean</a>.</p>
<p>I’ve been a fan of L.L. Bean’s no-frills, long-lasting clothing products for over 30 years. They are comfortable, affordable, and always get the job done.</p>
<p>If I had a dollar for every “<a href="http://www.llbean.com/llb/shop/11575?feat=2-SR0" target="_blank">Blucher Moc</a>” moccasin shoe that L.L. Bean has sold over the years, I would, well, have a lot of dollars. The shoe is timeless and iconic, and the product description today was the same 30 years ago: “The handsewn upper conforms to your foot for a fit that only gets better with time. Traditional rubber sole has channel grooves to provide traction on wet surfaces.” Current retail price: $69 a pair.</p>
<p>If it ain’t broke, keep selling it. Or something like that.</p>
<p>L.L. Bean owes its success not only to great products, but to great customer service. Year after year, L.L. Bean ranks among America’s top 10 companies for customer service according to the <a href="http://nrf.com/" target="_blank">National Retail Federation</a>, based on written surveys of over 9,000 shoppers.</p>
<p>The company was founded in 1912 by<a href="http://www.llbean.com/customerService/aboutLLBean/background.html?nav=ln#OPERATIONS" target="_blank"> Leon Leonwood Bean</a> in Freeport, Maine &#8212; a place that knows something about the importance of keeping warm and dry. Today, L.L. Bean’s flagship store and campus is still in Freeport on the original site where Bean opened his retail business.</p>
<p>Open 24 hours a day, 365 days a year, the 200,000-square-foot flagship store draws nearly three million visitors each year.</p>
<p>Next year marks L.L. Bean’s 100th anniversary. Few companies on the planet survive long enough to celebrate this milestone, much less one that is still at the top of its game. The company&#8217;s annual sales now top $1.5 billion.</p>
<p>L.L. Bean wrote the book on succeeding as a mail-order business, and decades later was able to successfully pivot to capitalize on the e-commerce revolution. Like its famed Blucher Moc, L.L. Bean has been able to effectively adapt and conform “for a fit that only gets better with time.”</p>
<p>Yet, L.L. Bean’s current President, Chris McCormick, knows that the company’s success will continue to rely on its commitment to putting the customer first: “It goes back to L.L.&#8217;s Golden Rule of treating customers like human beings.&#8221;</p>
<p>That’s <a href="http://newlantern.com/services" target="_blank">using the old bean</a> from which we all can learn.</p>
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		<title>Are You Using the Right Metrics?</title>
		<link>http://newlantern.com/management-consulting/are-you-using-the-right-metrics/</link>
		<comments>http://newlantern.com/management-consulting/are-you-using-the-right-metrics/#comments</comments>
		<pubDate>Mon, 07 Nov 2011 23:15:10 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[management consulting]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[challenge]]></category>
		<category><![CDATA[company]]></category>
		<category><![CDATA[employees]]></category>
		<category><![CDATA[growth]]></category>
		<category><![CDATA[metrics]]></category>
		<category><![CDATA[performance]]></category>
		<category><![CDATA[success]]></category>

		<guid isPermaLink="false">http://newlantern.com/?p=5467</guid>
		<description><![CDATA[Companies today live by metrics and measurements. In order to improve performance, you must first know your current baseline so that you can measure progress...]]></description>
			<content:encoded><![CDATA[<p>Companies today live by metrics and measurements. In order to improve performance, you must first know your current baseline so that you can measure progress.</p>
<p>Metrics are important in today’s highly competitive global business climate, but many senior managers can sometimes lose sight of the performance forest for the metrics trees. Corporate leaders can become too reliant over a particular set of metrics while never stopping to ask, “Are we using the right metrics?”</p>
<p>This month’s <a href="http://hbr.org/2011/11/office-depots-president-mystery-shopping-turnaround/ar/1" target="_blank"><i>Harvard Business Review</i></a> featured an article written by <a href="http://officedepot.com" target="_blank">Office Depot</a>’s President, <a href="http://www.officedepot.com/specialLinks.do?file=/companyinfo/companyfacts/officers/kevin_peters.jsp&amp;template=companyinfo" target="_blank">Kevin Peters</a>, who discovered first-hand that his company was not focusing on the right metrics to improve customer service and drive increased sales.</p>
<p>Based on his own incognito visits to 70 stores in 15 states over a several week period in 2010, Peters found out that Office Depot’s current customer metric scores were correct, but that their scoring system was not. “We were asking the wrong questions.”</p>
<p>Peters said that his company had been grading store managers and associates with questions such as: Are the floors clean? Are the bathrooms clean? Are the shelves fully stocked?</p>
<p>Based on his own field analysis and random interviews with customers, Peters felt the company should be focused more on whether a customer walks out of the store without a purchase. And if so, how could they improve the in-store experience to reduce the no-purchase rate?</p>
<p>As Peters describes the office products business, “This is not a browsing industry – people are shopping with a particular purpose in mind. If they don’t make a purchase, something has gone wrong.”</p>
<p>Customers told Peters that they care more about knowledgeable associates and smaller and easier-to-navigate stores. He also found that associates were not asking the right questions of customers. For example, instead of asking, “How are you today, and are you finding everything okay?” associates should be asking, “What can I help you find today?”</p>
<p>In response, Office Depot recently instituted a simplified sales process called “ARC” – Ask, Recommend, Close. They have also sought to shrink the size of their stores, coupled with a greater focus on the in-store experience.</p>
<p>The bottom line according to Peters is this, “If you think your company is doing well with customer service, ask yourself, ‘Am I really sure?’ Do I know what the customer experiences?”</p>
<p>Make it a point to challenge your own corporate metrics on a periodic basis to ensure you are <a href="http://newlantern.com/services" target="_blank">asking the right questions</a>. Otherwise, your company may find itself racking up some very nice scores, but taking the wrong test.</p>
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		<title>Here&#8217;s Looking at You, Kid</title>
		<link>http://newlantern.com/artists/heres-looking-at-you-kid/</link>
		<comments>http://newlantern.com/artists/heres-looking-at-you-kid/#comments</comments>
		<pubDate>Mon, 29 Aug 2011 23:43:06 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[artists]]></category>
		<category><![CDATA[management consulting]]></category>
		<category><![CDATA[artist]]></category>
		<category><![CDATA[diversity]]></category>
		<category><![CDATA[performance]]></category>
		<category><![CDATA[talent]]></category>

		<guid isPermaLink="false">http://newlantern.com/?p=5053</guid>
		<description><![CDATA[On this day, Swedish film star Ingrid Bergman was born in 1915; and it was on this same day she died in 1982 from breast cancer on her 67th birthday. Bergman was one of the most accomplished and recognizable actors of the 20th century...]]></description>
			<content:encoded><![CDATA[<p><a href="http://newlantern.com/wp-content/uploads/2011/08/Ingrid-Bergman.jpg"><img class="alignnone size-medium wp-image-5063" style="margin-left: 3px; margin-right: 10px; margin-top: 1px; margin-bottom: 4px;" title="Ingrid Bergman (1915-1982)" src="http://newlantern.com/wp-content/uploads/2011/08/Ingrid-Bergman-300x225.jpg" alt="Ingrid Bergman 300x225 Heres Looking at You, Kid" width="300" height="225" /></a><br />
On this day, Swedish film star <a href="http://en.wikipedia.org/wiki/Ingrid_Bergman" target="_blank">Ingrid Bergman</a> was born in 1915; and it was on this same day she died in 1982 from breast cancer on her 67th birthday.</p>
<p>Bergman was one of the most accomplished and recognizable actors of the 20th century. Winner of three Academy Awards, four Golden Globes, two Emmys, and a Tony Award, Bergman is ranked as the fourth greatest female star of all time by the <a href="http://www.afi.com/100years/stars.aspx" target="_blank">American Film Institute</a>.</p>
<p>She is best known for her role as Ilsa Lund in <a href="http://en.wikipedia.org/wiki/Casablanca_(film)" target="_blank"><i>Casablanca</i></a> (1942), in which she starred alongside <a href="http://en.wikipedia.org/wiki/Humphrey_Bogart" target="_blank">Humphrey Bogart</a>. It was in that iconic movie that Bogart uttered one of the most famous lines in cinema to Bergman, “Here’s looking at you, kid.”</p>
<p>Bergman’s movie career spanned six decades from 1939 to 1982. She won the Academy Award for Best Actress for <a href="http://en.wikipedia.org/wiki/Gaslight_(1944_film)" target="_blank"><i>Gaslight</i></a> in 1945, <a href="http://en.wikipedia.org/wiki/Anastasia_(1956_film)" target="_blank"><i>Anastasia</i></a> in 1957, and <a href="http://en.wikipedia.org/wiki/A_Woman_Called_Golda" target="_blank"><i>A Woman Called Golda</i></a> in 1982. She was nominated for an Academy Award in <a href="http://en.wikipedia.org/wiki/For_Whom_the_Bell_Tolls_(film)" target="_blank"><i>For Whom the Bell Tolls</i></a> in 1944, <a href="http://en.wikipedia.org/wiki/The_Bells_of_St._Mary%27s" target="_blank"><i>The Bells of St. Mary’s</i></a> in 1946, <a href="http://en.wikipedia.org/wiki/Joan_of_Arc_(1948_film)" target="_blank"><i>Joan of Arc</i></a> in 1949, and <a href="http://en.wikipedia.org/wiki/Autumn_Sonata" target="_blank"><i>Autumn Sonata</i></a> in 1979. She won the Best Supporting Actress Award in 1975 for <a href="http://en.wikipedia.org/wiki/Murder_on_the_Orient_Express_(1974_film)" target="_blank"><i>Murder on the Orient Express</i></a>.</p>
<p>Ingrid Bergman was born in Stockholm in 1915 to her Swedish father, Justus Berman, and to her German mother, Friedel Berman. Her mother died when Ingrid was three. Her father, who was an artist and photographer, died when she was 13. She went on to live with two different aunts, and later studied at Stockholm’s <a href="http://en.wikipedia.org/wiki/Royal_Dramatic_Theatre_School" target="_blank">Royal Dramatic Theatre School</a>, where actress <a href="http://en.wikipedia.org/wiki/Greta_Garbo" target="_blank">Greta Garbo</a> had studied years before.</p>
<p>During the 1930s, Bergman starred in more than a dozen films in Sweden and one in Germany. Unable to speak English, she was brought to Los Angeles by Hollywood producer <a href="http://en.wikipedia.org/wiki/David_O._Selznick" target="_blank">David Selznick</a> in May 1939 to appear in <a href="http://en.wikipedia.org/wiki/Intermezzo_(1939_film)" target="_blank"><i>Intermezzo: A Love Story</i></a>. She fully expected to return to Sweden after the film, but the American public quickly accepted her as one of its most promising stars.</p>
<p>Biographer <a href="http://en.wikipedia.org/wiki/Donald_Spoto" target="_blank">Donald Spoto</a> described Bergman as “arguably the most international star in the history of entertainment.&#8221; She successfully acted in five languages and won top awards for her work on stage, screen, and television. Director <a href="http://en.wikipedia.org/wiki/George_Cukor" target="_blank">George Cukor</a> once said to Bergman, &#8220;The camera loves your beauty, your acting, and your individuality. A star must have individuality. It makes you a great star.”</p>
<p>Today, global appeal and individuality also are key to success in business. Identify what makes your product or service unique, and talk about it in a language that a customer can understand.</p>
<p>Like it did for Bergman, it will likely make your company <a href="http://newlantern.com/services" target="_blank">a great star</a>.</p>
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		<title>Getting There From Here</title>
		<link>http://newlantern.com/management-consulting/getting-there-from-here/</link>
		<comments>http://newlantern.com/management-consulting/getting-there-from-here/#comments</comments>
		<pubDate>Sat, 21 May 2011 22:24:44 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[management consulting]]></category>
		<category><![CDATA[company]]></category>
		<category><![CDATA[performance]]></category>

		<guid isPermaLink="false">http://newlantern.com/?p=4852</guid>
		<description><![CDATA[The flooding along the Mississippi River over the last two weeks has devastated thousands of homes and millions of acres of farmland throughout the bordering states of Tennessee, Arkansas, Mississippi and Louisiana...]]></description>
			<content:encoded><![CDATA[<p><a href="http://newlantern.com/wp-content/uploads/2011/05/Miss-River-road-closure-in-Dyer-County-TN.jpg"><img class="alignnone size-medium wp-image-4857" title="Miss River road closure in Dyer County TN" src="http://newlantern.com/wp-content/uploads/2011/05/Miss-River-road-closure-in-Dyer-County-TN-300x225.jpg" alt="Miss River road closure in Dyer County TN 300x225 Getting There From Here" width="300" height="225" /></a></p>
<p>The flooding along the Mississippi River over the last two weeks has devastated thousands of homes and millions of acres of farmland throughout the bordering states of Tennessee, Arkansas, Mississippi and Louisiana.</p>
<p>The storied river that ordinarily is no more than one-half a mile wide swelled to three and four miles wide in many areas. Scores of roads along the river disappeared under the flood waters. Many roads along the river remain closed, making it impossible for some homeowners and farm owners to access their properties.  Drivers – both commercial and private – have been forced to find alternative routes to destinations throughout the entire region.</p>
<p>Unexpected catastrophes or events throw us curve balls every day in business.  What was your company’s path to profitability yesterday may suddenly no longer be available today. At a moment’s notice, you may find yourself searching for a new road in order for your company to survive.</p>
<p>Don’t wait for disaster to hit before you start charting your company’s new path to success. Work with your management team today on new routes and alternative game plans to ensure you have more than one way forward.</p>
<p>You’ll sleep better at night, and so will your shareholders, knowing that you can still get there from here.</p>
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		<title>Recipe for a Storybook Marriage</title>
		<link>http://newlantern.com/management-consulting/recipe-for-a-storybook-marriage/</link>
		<comments>http://newlantern.com/management-consulting/recipe-for-a-storybook-marriage/#comments</comments>
		<pubDate>Sun, 01 May 2011 01:26:21 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[management consulting]]></category>
		<category><![CDATA[business]]></category>
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		<category><![CDATA[corporate]]></category>
		<category><![CDATA[employees]]></category>
		<category><![CDATA[leadership]]></category>
		<category><![CDATA[performance]]></category>
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		<category><![CDATA[success]]></category>

		<guid isPermaLink="false">http://newlantern.com/?p=4811</guid>
		<description><![CDATA[What is it about a royal wedding that draws us all in? At 11am yesterday (British time), an estimated 3 billion people around the planet watched as Prince William and Kate Middleton tied the knot.  A cool one million people watched live as they lined the streets of London during the wedding procession...
]]></description>
			<content:encoded><![CDATA[<p><a href="http://newlantern.com/wp-content/uploads/2011/05/A-Royal-Wedding.jpg"><img class="alignnone size-medium wp-image-4815" style="margin-left: 7px; margin-right: 7px;" title="A Royal Wedding" src="http://newlantern.com/wp-content/uploads/2011/05/A-Royal-Wedding-300x249.jpg" alt="A Royal Wedding 300x249 Recipe for a Storybook Marriage" width="300" height="249" /></a></p>
<p>What is it about a royal wedding that draws us all in? At 11am yesterday (British time), an estimated <a href="http://www.nytimes.com/2011/04/30/world/europe/30britain.html?_r=1&amp;ref=todayspaper" target="_blank">3 billion</a> people around the planet watched as <a href="http://en.wikipedia.org/wiki/Prince_William,_Duke_of_Cambridge" target="_blank">Prince William</a> and <a href="http://en.wikipedia.org/wiki/Kate_Middleton" target="_blank">Kate Middleton</a> tied the knot.  A cool one million people watched live as they lined the streets of London during the wedding procession.</p>
<p>For the weeks leading up to the royal wedding, media outlets from around the globe spent countless column inches and on-air hours in pre-event coverage on every conceivable aspect of the soon-to-be-wed couple.  All of this coverage was clearly fed by an unquenchable thirst of viewers and readers &#8212; from every walk of life and background &#8212; to soak in as much about this storybook wedding as possible.</p>
<p>Even though I was not part of the millions who staged “watch parties” here in the U.S. in the wee hours of the morning, I did record the entire ceremony and coverage via DVR, which I watched from start to finish last night.</p>
<p>I’m simply amazed at how this one wedding has so captivated our planet. Beyond the natural allure of royalty, maybe our fascination also has something to do with a desire to at least momentarily escape from the recent ravages of wars, earthquakes, tsunamis, tornadoes and nuclear disasters.</p>
<p>In any case, now comes the hard part for the Duke and Duchess of Cambridge, as they are now known. They have to get along as they lead very public lives.</p>
<p>The most difficult part of any marriage is learning how to get along with one another after all the dust settles from the pomp and circumstance of the wedding.  Same can be said for the corporate world and the thousands of mergers and acquisitions that occur each and every year.</p>
<p>Companies which come together must find a way to effectively blend much more than payroll, IT, and HR systems if they are to succeed – they must also find a way to successfully blend corporate cultures.</p>
<p>Like William and Kate who come from very different backgrounds (as we know all too well thanks to the media), companies that merge have to arrive at a new corporate culture that suits the newly combined entity.</p>
<p>The tendency is for the dominant company (e.g., the one doing the acquiring) to impose its culture on the company being acquired.  This will result in grumpy employees and poor performance if employees of the acquired company are told overnight to abandon their own culture.  <i>(Note the grumpy expression in the photo above of three-year old <a href="http://news.yahoo.com/s/yblog_royals/20110429/wl_yblog_royals/royal-wedding-mysteries-solved" target="_blank">Grace van Cutsem</a>, who was part of yesterday’s wedding ceremony.)</i></p>
<p>In reality, many elements of the culture of the dominant company can likely continue in the newly combined company. However, executives should work hard to embrace aspects of both cultures that are worthy of renewal, while seeking to chart a new overall culture that will help to bring employees together in a productive way.</p>
<p>This will ensure that your storybook wedding will also lead to a long-lived and profitable <a href="http://newlantern.com/services/organization-development-and-change-management/" target="_blank">storybook marriage</a>.</p>
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		<title>The Power of Small Wins</title>
		<link>http://newlantern.com/innovation-economy/the-power-of-small-wins/</link>
		<comments>http://newlantern.com/innovation-economy/the-power-of-small-wins/#comments</comments>
		<pubDate>Fri, 22 Apr 2011 02:18:26 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[innovation economy]]></category>
		<category><![CDATA[management consulting]]></category>
		<category><![CDATA[breakthrough]]></category>
		<category><![CDATA[company]]></category>
		<category><![CDATA[employees]]></category>
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		<description><![CDATA[In the latest edition of Harvard Business Review (May 2011), authors Teresa Amabile and Steven Kramer discuss the importance of helping employees see their own progress in the article, “The Power of Small Wins.”...]]></description>
			<content:encoded><![CDATA[<p>In the latest edition of <a href="http://hbr.org/" target="_blank"><i>Harvard Business Review</i></a> (May 2011), authors <a href="http://drfd.hbs.edu/fit/public/facultyInfo.do?facInfo=bio&amp;facEmId=tamabile" target="_blank">Teresa Amabile</a> and Steven Kramer discuss the importance of helping employees see their own progress in the article, “<a href="http://hbr.org/2011/05/the-power-of-small-wins/ar/1" target="_blank">The Power of Small Wins</a>.”</p>
<p>Researchers have known for years that the single best way for managers to motivate employees is to acknowledge their progress, no matter how small. Yet, managers today consistently give much more attention to other motivating factors, such as: incentives, recognition, and interpersonal support.</p>
<p>In fact, a 1968 <i>Harvard Business Review</i> article on motivating employees highlighted research which found that “people are most satisfied with their jobs (and therefore most motivated) when those jobs give them the opportunity to experience achievement.”</p>
<p>Everyone assumes, as Amabile and Kramer point out, that progress only comes in the form of achieving a long-term goal or breakthrough. No one disputes the enormous satisfaction that accompanies these major accomplishments, but admittedly they are rare and may only come around every few years – if ever.</p>
<p>An employee views his or her  work as meaningful if there is a sense that progress is actually being made – no matter if it’s associated with public accolades, a pay increase, or award. Don’t get me wrong, these sorts of incentives also serve to help motivate an employee – and should be deployed appropriately. However, they are no substitute for the feeling of everyday achievement.</p>
<p>So while your company is focusing its attention on the next blockbuster product or service, don’t forget to acknowledge and nurture the small wins. It will lead to happier and more satisfied employees, who in turn will be more innovative and better equipped to land the big wins for your company.</p>
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		<title>Lumières, Camera, Action!</title>
		<link>http://newlantern.com/innovation-economy/lumieres-camera-action/</link>
		<comments>http://newlantern.com/innovation-economy/lumieres-camera-action/#comments</comments>
		<pubDate>Tue, 22 Mar 2011 23:05:45 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[innovation economy]]></category>
		<category><![CDATA[innovators]]></category>
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		<guid isPermaLink="false">http://newlantern.com/?p=4687</guid>
		<description><![CDATA[On this date in 1895 two French brothers,  Auguste and Louis Lumière, first demonstrated motion pictures using celluloid film in a private viewing in Paris, according to InfoPlease.com.  Later that year, the brothers held their first public screening of their cinematic invention on December 28 at the famed Le Grand Café in Paris’s Opera District...]]></description>
			<content:encoded><![CDATA[<p><a href="http://newlantern.com/wp-content/uploads/2011/03/Auguste-and-Louis-Lumiere.jpg"><img class="alignnone size-medium wp-image-4693" style="margin-left: 12px; margin-right: 6px;" title="Auguste and Louis Lumiere" src="http://newlantern.com/wp-content/uploads/2011/03/Auguste-and-Louis-Lumiere-222x300.jpg" alt="Auguste and Louis Lumiere 222x300 Lumières, Camera, Action!" width="222" height="300" /></a></p>
<p>On this date in 1895 two French brothers,  <a href="http://en.wikipedia.org/wiki/Auguste_and_Louis_Lumi%C3%A8re" target="_blank">Auguste and Louis Lumière</a>, first demonstrated motion pictures using celluloid film in a private viewing in Paris, according to <a href="http://www.infoplease.com/dayinhistory/Mar-22" target="_blank">InfoPlease.com</a>.  Later that year, the brothers held their first public screening of their cinematic invention on December 28 at the famed Le Grand Café in Paris’s Opera District.</p>
<p>The Lumière brothers were not the first inventors to develop motion picture techniques. Yet, film historians consider the Grand Café screening to be the birth of the cinema as a commercial medium where admission was charged. The screening actually debuted ten short, 50-second films, the first showing workers walking out of the Lumière factory.</p>
<p>Auguste and Louis inherited their passion for film and photography from their father Claude-Antoin Lumière, who ran a photographic firm, where both brothers worked.  Based on this experience, the brothers patented a number of significant processes prior to the film camera itself, including the perforation of film that allowed it to be advanced through the camera and projector.  They received their patent for their <a href="http://en.wikipedia.org/wiki/Cin%C3%A9matographe" target="_blank">cinématographe</a> camera and projector on February 19, 1895.</p>
<p>In 1896, the Lumières took their cinématographe on a world tour including London, New York, Buenos Aires and Bombay, and the “moving images had an immediate and significant influence on popular culture.” (Wikipedia.org)</p>
<p>Strangely enough, the brothers then turned their attention from moving pictures to color photography in 1903, proclaiming:  “the cinema is an invention without any future.”</p>
<p>Whereas the Lumière company did quite well throughout much of the 1900s as a major producer of photographic products in Europe, the name “Lumière” eventually faded after its merger with the Swiss company Ciba in 1961, which later became Ilford France.</p>
<p>Ironically, “lumière” translates as “light” in English, such as the glow that comes from a newly invented movie projector or a <a href="http://newlantern.com/" target="_blank">New Lantern</a>.</p>
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		<title>Two Thumbs Up for Netflix</title>
		<link>http://newlantern.com/innovation-economy/two-thumbs-up-for-netflix/</link>
		<comments>http://newlantern.com/innovation-economy/two-thumbs-up-for-netflix/#comments</comments>
		<pubDate>Sat, 11 Dec 2010 18:31:18 +0000</pubDate>
		<dc:creator>Arezu Ingle</dc:creator>
				<category><![CDATA[innovation economy]]></category>
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		<description><![CDATA[This month’s Fortune Magazine named Netflix CEO, Reed Hastings, as its 2010 “Business Person of the Year.” Hastings beat out some pretty stiff competition, including Ford CEO, Alan Mulally, and Apple CEO, Steve Jobs...]]></description>
			<content:encoded><![CDATA[<p>This month’s <a href="http://tech.fortune.cnn.com/2010/11/18/reed-hastings-leader-of-the-pack/" target="_blank">Fortune</a> Magazine named <a href="http://www.netflix.com/" target="_blank">Netflix</a> CEO, <a href="http://en.wikipedia.org/wiki/Reed_Hastings" target="_blank">Reed Hastings</a>, as its 2010 “Business Person of the Year.” Hastings beat out some pretty stiff competition, including Ford CEO, Alan Mulally, and Apple CEO, Steve Jobs.</p>
<p>Under Hastings’s leadership, it seems that Netflix is doing everything right these days. For starters, its stock is up 200 percent in 2010, fueled by its new push for customers to stream more movies over the web vs. its traditional DVD movie-by-mail. According to Fortune, it costs Netflix five cents a movie to stream over the web, compared to $1 a movie to send through the mail (including labor).</p>
<p>It doesn’t take a Wharton MBA to figure out the enormous upside for any business that can save 95 cents on the dollar.</p>
<p>In fact, this shift in its distribution model is what makes Netflix and Hastings so impressive. Basically the company disrupted its own business model. First, it drove the former rental movie king Blockbuster into bankruptcy – literally &#8212; with its blistering growth in recent years with its movie-by-mail business featuring no due dates or late fees.  Today, Netflix is increasingly calling the shots with movie studios, who are trying to figure out whether to partner or compete (or both) with Netflix and their 16 million subscribers.</p>
<p>Contributing to its success has been Netflix’s decision to license its streaming software to scores of device companies. Walk into a Best Buy today, and you’ll find the Netflix logo on numerous brands of flat screens, Blu-ray players, gaming consoles, iPads, and smartphones – over 200 electronic devices and counting.</p>
<p>I must admit that I am a Netflix enthusiast, although I still get my movies from them the old-fashioned way – through the mail in their trusty red envelopes.  Although I’ve not yet upgraded my television or DVD player to be able to stream movies over the web from Netflix, I do stream them on my computer from time to time.</p>
<p>In its latest move, Netflix announced its $7.99 a month all-you-can-eat streaming download option. That sounds pretty appetizing to me, but not to the cable industry, which has seen a drop of subscribers for the last two quarters thanks to more video content now available via the Internet.</p>
<p>What’s that you smell? It’s the popcorn I just put in the microwave.  It’s “movie night” at my house.</p>
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