Monthly Archive for September, 2016

Can you make teleworking work for you?

Here’s a scenario that every small business owner fears: A key employee resigns because he or she cannot continue to come to your place of business to work for reasons out of their control, such as an illness or a family issue. Is there another answer besides accepting the resignation?

With the exciting recruiting resources available today, you might discover that the best prospect for a job opening you have lives in another state, or even another country. What if they don’t want to move? What’s your next move?

One word answers both questions: Teleworking.

New technology and evolving management paradigms make stories like these have happy and productive endings through teleworking.

A marker of the 21st century workplace, teleworking is where an employee works off-site full or part-time (aka tele-commuting), most often from home. But in order for such an arrangement to be successful, two things must happen:

First the easy part: You must have the necessary technology and tools, which you will have to provide your teleworker.

  • Computer capability and Internet connection are the minimum.
  • Your teleworker will need the right set up, like office furniture, etc., to make their off-site working environment as productive as possible. And it’s not unreasonable to ask to see how the space is organized.

Now the hard part: Can you handle such a management relationship? Consider these four ground rules to execute a teleworking relationship.

  • Find out if, and what work can realistically be done off-site.
  • Determine how to coordinate all work, off or on-site.
  • Establish expectations for scheduled communication, plus production, execution and delivery of work.
  • Talk with other employees about why this employee is being allowed to work remotely, so they can support the new plan. If handled properly, you’ll get major points for being such a cool, 21st century manager.

Execute your teleworking plan with the expectation that adjustments will almost certainly have to be made. So schedule periodic reviews with your teleworker to discuss how things are going.

By the way, if you’re still having trouble imagining having an employee who’s not sitting under your roof, add up how many hours in-house employees work and communicate without actually seeing each other. I’ll bet that number will surprise you.

It might make you feel better knowing that the teleworking model is now being implemented by thousands of small businesses like yours every day.

Write this on a rock … Teleworking can work. Can you make it work for you?

Four IP questions to tell if you get it

One of the most interesting aspects of the marketplace is the evolution of how businesses leverage assets. For most of history, business leverage came from these three categories in this order:

1. Muscle power (human or animal);

2. Tangible stuff (raw material, inventory, tools, etc.);

3. Information (intellectual property, or IP).

Historically, the strongest cavemen, the biggest horses, the fastest ships, the largest factories, all had an advantage over lesser competitors. We’ve all seen this: “Largest inventory in the region.”

But here’s the interesting part: As the marketplace has evolved, the order of importance and the value of assets has inverted. Studies show increasing emphasis is being placed on IP and the ability to leverage it with less emphasis on leveraging tangible assets.

And what about muscles? Increasingly in the global marketplace, human brawn is number four on a list of three.

The good news is small businesses are joining this global trend of leveraging IP more and tangible assets less. They’re increasingly using technology in exciting new ways, doing more virtual business and are as likely to develop a strategy for doing business across an ocean today as they did across town 20 years ago.

Regarding how essential IP is to a small business’s 21st century competitiveness, more and more small businesses get it.  The bad news is there still are far too many who don’t. As an example, incredibly, almost half of small businesses still don’t even have a website.

To see if you “get it,” consider these four questions:

1. If I gave you for free (a) a truckload of inventory or (b) a special technology that would help you serve customers better, which would you choose?

2. Do you spend more time (a) thinking about products and services or (b) finding technology to more effectively serve new customer expectations?

3. Do your employees (a) use the same technology in the direct performance of their jobs today that they did 5 years ago or (b) different technology (not just new machines)?

4. If you purchased another business, which would be more valuable to you: (a) the inventory and equipment, or (b) the digital records of their customers: names; contact info, including email; what they buy; when they want it; why they buy it; and how they use it?

If you chose (a) for any of these questions, it’s likely your business’s performance is on a declining trajectory. But if you chose the (b) options, congratulations, you get it about IP.

Write this on a rock … In the 21st century, leverage intellectual property more and tangible assets less.

What you should know about the Internet before we give away ICANN

Allow me to tell you a story of innovation bordering on the miraculous, scientific stewardship driven by professionalism and shared values, and global leadership that qualifies as agape. And the possibility that all three could be headed for an intersection where the best intentions of good people could be in jeopardy.

Approximately 23 years ago you and I were given access to the Internet, an invention that a generation earlier would have been considered science fiction. Most experts define the headwaters of this seminal invention to be the digital protocol work of Bob Kahn and Vint Cert, both researchers for a division of the U. S. government. Subsequent to its commercialization, these two and a few other geniuses created a number of digital innovations that enabled the Internet and established it as an unprecedented resource.

First question: How did the rest of the world get the Internet?

Since it was initially considered part of national defense, all of this mad scientist stuff was funded by the government’s National Science Foundation and its various contractors. As it became evident that the Internet had commercial applications, the U.S. began sharing with the world what we knew and what we had. Nothing was withheld, enabling the Internet to rise in every corner of the world.

Second question: Who operates the Internet?

Think of it like a private toll road system. The U.S. government allowed private investment to create interconnected computer networks into a “backbone” system that, for a “toll,” delivers our digital business around the world using the protocols created by Kahn and Cerf, and later applications like browsers. Similarly, more private investment built out the infrastructure to transfer digital info from the backbone to last-mile users, like you and me, at the speed of light.

Third question: Who’s in charge of Internet governance?

Who runs the Internet is more complicated to explain, but it’s important because of that intersection thing mentioned earlier. In fact, the U.S. government allowed Kahn, Cerf and others to create governing bodies like the Internet Society, the Internet Engineering Task Force, the Internet Architectural Board, and the World Wide Web Consortium, as organizations overseeing governance, access and standards for the global proliferation of the Internet. The Internet Society, which is the incorporated parent of two of these organizations, has 80,000 stakeholders and 110 chapters in 140 countries. That’s a lot of shared governance with one goal – a free and open Internet, sans politics.

The reason I’m telling you about the origin and governance of the Internet, is because a very important, last piece of U.S. direct influence of an Internet possession is about to be lost. The 18-year contract between the U.S. government and the Internet Corporation for Assigned Names and Numbers (ICANN) expires on September 30, 2016. When you create a new website it actually has two addresses: 1) a name, like abcsupply.com, for humans to remember and manage; and 2) a number value, like 207.111.167.145, for the way computers work. If you type either the words or numbers assigned to your website into a browser, the same page will be delivered.

According to NetChoice.org Executive Director, Steve DelBianco, in 2014 the Obama administration instructed ICANN to create, and transfer itself to, a “global, multi-stakeholder community.” On my radio program recently, DelBianco reported that this new body has been created and will take over on October 1. As part of the transitioning team, he says the new ICANN will be not unlike the other bodies mentioned earlier who’ve been governing the Internet for decades. That’s the good news.

Last question: If the Internet had been the property of Russia, China, or even France, would access and control of such a powerful resource have been so freely shared?

I think not. Consequently, in spite of my confidence in DelBianco and his colleagues, I’ve been very outspoken in the past three years against this plan for ICANN. I’m concerned about the loss of the last thread of direct influence by the U.S. government. I’m worried about what will happen if when we reach that intersection in the future, global, multi-stakeholder organizations, who’ve governed so dispassionately – without ideology – for decades, somehow become influenced or overridden by bad actor states, or possibly worse, the United Nations. The UN has a long history of coveting control of the Internet.

The United States is the most benevolent broker on the planet and has never let geopolitics influence Internet access or governance. With so many experts projecting that cyber-attacks pose a more imminent threat to our sovereignty than nuclear weapons, I fear the best intentioned Internet governors and investors may ultimately be no match for someone named Putin, Jinping, Khamenei, Jong-un, or their proxies.

Write this on a rock … Pray the world doesn’t regret America’s divesting of this last vestige of U.S. Internet ownership and control.

An official day for small business owners

Labor Day began as an idea in the mind of a 19th century labor leader — some say Matthew Maguire, others say Peter McGuire — who cared greatly for a very important segment of the marketplace, its workers.

Regardless of paternity, such a day was first celebrated on Tuesday, September 5, 1882, in New York City, when members of the CLU took an unpaid day off to demonstrate solidarity and, of course, have picnics. And ever since 1984, when President Grover Cleveland’s signature designated the first Monday in September as Labor Day, it’s been an official federal holiday.

In 1898, Samuel Gompers, then head of the American Federation of Labor, called Labor Day, “the day for which the toilers in past centuries looked forward, when their rights and their wrongs would be discussed … that the workers of our day may not only lay down their tools of labor for a holiday, but upon which they may touch shoulders in marching phalanx and feel the stronger for it.”

Alas, entrepreneurs aren’t organized like our union brethren — probably because we’re too busy making payroll. There is no single Small Business Day officially decreed by the U.S. Government. No Entrepreneur’s Day set aside to honor the few who do so much for so many; a day to picnic and party down in honor of the real heroes of the marketplace, small business owners.

There actually is a small business week when the U.S. Small Business Administration recognizes the “creme de la creme” of entrepreneurs in America. But it’s not an official “Day” and it’s not always the same week each year.

Small businesses represent over 98% of all U.S. businesses and produce over half of the U.S. $17 trillion GDP.  Plus, we sign the FRONT of the paychecks of over half (70 million) of all U.S. workers.

Let’s see: Big deal on Labor Day — no Small Business Day. What’s wrong with this picture?

So, what’s the answer? Let’s celebrate Small Business Day in a way no other national holiday has been established: on a Sunday — actually, the second Sunday in August.

Sunday is preferred because that would create the least payroll expense. August is the month-of-choice because that’s when politicians are home on recess. This way they can practice casting their pearls before we small business owners in preparation for eating barbeque and sucking up to unions on Labor Day.

To paraphrase Samuel Gompers, small business owners deserve a day for which these signers-of-the-front-of-paychecks can look forward to when their rights and wrongs would be discussed; that the small employers of our day may not only lay down their challenges for a holiday, but during which they may touch shoulders in marching phalanx and feel the stronger for it.

Write this on a rock … Entrepreneurs unite!  It’s time we had a day to honor small business owners.




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