"Efficiency is doing things right; effectiveness is doing the right things."
Something struck me the other day. Have you noticed how bloggers seem to only report on cool, controversial or cutting-edge products, marketing campaigns and business models? It's true. You'll find references to JetBlue, Wal-Mart, Starbucks, Whole Foods, Apple, Zune, Wii, VW, Mini Cooper, et al. But one rarely finds a business blog post about Toyota. I wonder why that is? Is it because doing the right things and doing them right, like producing quality vehicles at competitive prices, lacks newsworthiness? Or perhaps most bloggers simply have no way to spin Toyota's marketing prowess in a way that enhances their personal brands.
The Wall Street Journal recently reported that Toyota Motor Company is on the verge of becoming the world's biggest automaker. The company is aiming to open three more new plants by 2009 in a bid to secure 15% worldwide market share by 2010. The Journal also reported that Toyota has decided to throttle back production of its youth-focused Scion brand to keep the brand special and cool. Toyota gets brand! The Big Three don't. And that's why they had to meet with George W. this week.
Now, I'm pretty sure that Toyota could care less about its lack of respect in the business blogosphere. But I'm still curious. What say you bloggers? What's with us? Why do we love to report on the flea-flicker and ignore excellence in blocking and tackling?