Are you wondering how FY2009 will turn out for you, your brands, your business, or your organization? Here's a proven diagnostic test. First, estimate your EF (external focus) ratio:
EF = A/S + I/P, where
A = Time, attention and money invested in empathizing with and understanding ones audience
S = Time, attention and money invested in empathizing with and understanding oneself
I = Number of thoughts and conversations about ideas
P = Number of thoughts and conversations about people
Now, the greater your EF ratio - as compared to others competing for the same audience's time, attention and money - the greater your chances of success. That's all there is to it. Feed the numerators. Starve the denominators.
Note: Since you have abolutely no idea what others are doing with their numerators, you should be paranoid as hell and invest heavily in yours. Is that what you're doing?
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Tom,
I find it fascinating that we should emphasize ideas over people. Not disagreeing, just intrigued. All in all, I like what you have here. Especially your last point.
Be well,
Bob
Posted by: Bob Souer | November 29, 2008 at 12:43 PM
I think that without the emphasis on Ideas, there is a risk of having A and P cancel each other out or at least without empathy, P might diminish the impact of A.
I agree with Bob - this is very intriguing. I think I'll print it and post it in my studio as a reminder of where my focus should be.
Thanks Tom!
PEACE.
-Anthony
Posted by: Anthony Mendez | November 30, 2008 at 11:33 AM