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February, 2008:

Snag’d A new Job!

Wednesday was my last day at Dow Jones. The last two and a half years has been a truly rewarding experience, from the day I joined Factiva while it was still a Dow Jones joint venture with Reuters, through the completed buyout and integration process with Dow Jones and through the endless media coverage and ultimate merger with News Corp. I had the chance to work with very hard-working, intelligent colleagues and make some life-long friends. Through it all, we accomplished some fantastic work.

We built great new search capabilities such as Search 2.0 that included discovery, clustering and visualization capability. We launched a new mobile platform. We leveraged industry standards such as RSS and re-adopted some traditional methods such as newsletters to help customers leverage and share business news and information. We also accomplished some work and new product development that I will not disclose here for competitive and confidentiality reasons. I’m confident that we’ll continue to see great things coming from Dow Jones and I look forward to watching the progress in the years ahead.

What’s Next?

On Monday, I begin a new chapter and am very excited to be joining as their Senior Vice President, Products., based in Richmond, Virginia, is the leading online advertising focusing on part-time and full-time hourly jobs in the United States. The company offers a valued, seamless recruiting process for both job seekers and employers. I’ve had the chance to get to know several fellow “Snaggers” and am looking forward to getting to know each of them over the coming weeks.

I’m sure I will be posting more news over the coming days and months regarding my new role and company. But if you are looking for hourly work, you now know where to go…

Enjoying the Surf in the Wave of Disruption

Was reading the essay “You Don’t Understand Our Audience,” by John Hockenberry in the latest edition of the MIT Technology Review. Very interesting piece about the shift in the views of the audience from his time at NBC and discusses the nature of realizing that the shift is occurring. A piece of the text from the piece that really struck me:

I knew it was pretty much over for television news when I discovered in 2003 that the heads of NBC’s news division and entertainment division, the president of the network, and the chairman all owned Tivos, which enabled them to zip past the commercials that paid their salaries. “It’s such a great gadget. It changed my life,” one of them said at a corporate affair in the Saturday Night Live studio. It was neither the first not the last time that a television executive mistook a fundamental technology change for a new gadget.

It makes me think of the Technology Strategy course I took a technology strategy course with Professor Rebecca Henderson, one of my favorite courses. We focused a lot of the disruption curve, what it does to industries and to mature businesses in that industry. But what about the human factor, the people in those industries and in those established firms.

Do they often not even realize the disruption is upon them and “enjoy the surf” as a consumer of the “new thing” themselves? The NBC execs and Tivo is an example. Did Barnes & Noble execs go and buy books on during the holiday rush because it was easier than going to the store? (at least before they got it together and launched their own site) Executives at AT&T using Skype at home to call their children in college or to friends internationally? At what point did someone at Polaroid (who just closed down shop their instant film division) rave about their shiny, new digital camera not realizing it was the beginning of the end for a 60-year run.

There must be tons of examples…