Tuesday, January 24, 2012

a little perspective on the day to day problems

Just in case you have forgotten, you are a puff air living on a living mass orbiting a ball of fire.

The largest solar storm in seven years is about to pummel the earth. A Coronal Mass Ejection to be precise. 

John Matson reports


Last night the sun unleashed a flash of radiation called a solar flare, along with a generous belch of ionized matter that is now racing toward Earth at thousands of kilometers a second. The solar storm front from the ionized blast, called a coronal mass ejection (CME), should arrive tomorrow morning, according to the National Oceanic and Atmospheric Administration’s Space Weather Prediction Center (SWPC). The forecasters called the event the strongest solar storm since 2005.

When a solar storm hits Earth, the impact can have a number of consequences, especially in Earth orbit and at high latitudes, where the planet’s geomagnetic shielding is thin. Solar storms can knock out satellites, cause blackouts, and force aircraft to avoid polar routes. Storms can also bring the aurora borealis, a.k.a. the northern lights, down to unusually low latitudes. (You can see a slideshow of recent low-latitude auroras here.)

The SWPC is forecasting that the inbound storm will reach G2 (“moderate”) and possibly G3 (“strong”) levels on the geomagnetic storm scale, which tops out at G5. A G3 storm should not cause severe problems for satellite operators or power companies but could interrupt satellite-based navigation systems and some radio communications. Such storms can also produce auroras visible as far south as Illinois and Oregon, according to the SWPC.

Friday, January 20, 2012

the secret is not the sauce

Jennifer Overstreet explains Danny Meyer's restaurant wisdom.



“You can’t teach hospitality,” Danny said. “It means they’re someone who’s at their happiest when they’re making someone else feel good.”
Retailers today are all about the customer experience, but all the technologies and tools on the EXPO floor won’t help you win if you don’t have the right people and culture.
“For those who are looking for the most powerful differentiator in terms of creating an experience…you have to stock your store not just with the best stuff, but the people who live for making other people happy,” Meyer said.


It is as simple as that. It is about the experience and it is the people that create the experience.

Wednesday, January 18, 2012

It is the experience.

Pete Seebach has a great idea for a restaurant.


There was some research a while back which found a possibly-surprising result. As most people probably suspect, the difference in perceived quality between wines does not really follow price very closely. But! It does follow stated price; if you serve the same wine to a lot of people, and tell some of them it’s $12 for a box and others it’s $400 for a bottle, the latter like it better. Better yet, they’re right — they really do enjoy it more. Thank you, MRI scans and the like.

Well.
This leads to a concept: A restaurant called Placebo. What do they sell? A 50% discount. Which is to say: The entire menu is framed with everything at about twice the price you’d otherwise expect to pay for it, but then your check gets a 50% discount. So say you have a steak roughly of the same quality as the $13 steaks at the Outback Steakhouse. The menu says $26, your bill when it arrives has a 50% discount. But everything you order feels expensive.
For extra credit, you could do interviews and arrange waiters to adopt personalities which suit the customers. Someone comes in who likes Good Wholesome Cooking? We can set you up with a waiter who thinks fancy food is ridiculous. Or, we can set you up with a waiter who is a total food snob, and you can have a wonderful meal knowing that the waiter is missing out on Good Wholesome Cooking. Your call
.
The basic idea here is… people aren’t going out to eat for the food, they’re going out for the experience. Why not sell the experience as-such as the product?

Thursday, January 5, 2012

Variable menu pricing coming to a restaurant near you

The only thing that prevented variable pricing in the past was that the menu was hard copied. Airline ticket prices are not written down anywhere, they change moment to moment at the whim of some computer generated algorithm. Well iPad menus in restaurants is the delivery channel that will foster variable pricing in restaurants. The ability to change prices at 5:59pm and 9:01pm will enable restaurants some flexibility in driving traffic to specific times and will also allow for preferred customers to receive special discounts.

Great for the establishment, the million dollar question is how will the customer respond?  


Closeness of the sun

If the Sun appears a little bigger in the winter sky it is because we are as close as we ever hope to get to it. We now start to move farther away until July as we continue our journey around the Sun.. There are many times when our physical distance does not reflect our current position or level of understanding. Relative position is important however it is not the only variable in the any discussion.


Accorrding to space.com

If the sun appears a bit more intense than normal to you this week, you're not seeing things. The Earth has just made its closest approach to our nearest star for the year.
The orbital milestone is known as "perihelion," and it marks the time when the distance between the Earth and the sun is at its smallest. The event occurs every year in early January, and in 2012 it took place Wednesday, Jan. 4 at 8 p.m. EST (or Jan. 5 at 0100 GMT, depending on your time zone).
On average, the Earth orbits the sun at a distance of about 93 million miles (150 million kilometers). This distance is known as 1 astronomical unit (AU), and it serves as a yardstick for distances to other planets in our solar system. Mars, for example, is about 1.5 AU from the sun, while Jupiter is about 5.2 AU from the star.
But like the other planets in our solar system, the Earth's orbit is not a perfect circle. Instead, it is slightly elliptical — or oval-shaped — meaning it has a closest point to the sun (perihelion) and a farthest point (which is known as aphelion).

Friday, December 30, 2011

Find that success in 2012

Cathy Caprino has some sage advice to those slogging through 2011 and looking for success in 2012.
 

Intensive Focus

Focus more intently on the top two or three areas that I most want to expand most this year.

Something from Nothing
In challenging times, all around us we see despair, confusion and a lack of hope and energy.  It’s contagious.  We also see businesses drying up before our eyes.  It’s scary indeed.  But success comes from being your own source of positive energy, from finding a way to internally generate your own authentic enthusiasm, energy, and excitement about what you do, even when outside forces are pushing against you.
Several years ago, my son came home after school and told me that his teacher asked the students this year to “be the change you want to see” (Gandhi’s beautiful invitation to the world).  There’s such a keen nugget of truth in that for all of us.  If we want success, joy, meaning and purpose to come to us, we must first be that — embody and live the principles and experiences of the success and fulfillment before they’ve been manifested.  That is how doors open to new success.  Energy attracts like energy.

Undying Commitment
The key is to commit yourself without doubt, without reservation, to do what’s required, yet to be flexible and not overly attach to what “success” has to look like.  Realize that you have vulnerabilities and gaps in knowledge, ability and vision, and continually work to fill them.  Believe in yourself, get the outside help you need as soon as you need it to keep growing and learning. 

Tuesday, December 27, 2011

Creating unique value

Joan Magretta channels Michael Porter

So as I worked on this book, I kept a list of those insights. Here it is.
  1. Competitive advantage is not about beating rivals; it's about creating unique value for customers. If you have a competitive advantage, it will show up on your P&L.
  2. No strategy is meaningful unless it makes clear what the organization will not do. Making trade-offs is the linchpin that makes competitive advantage possible and sustainable.
  3. There is no honor in size or growth if those are profit-less. Competition is about profits, not market share.
  4. Don't overestimate or underestimate the importance of good execution. It's unlikely to be a source of a sustainable advantage, but without it even the most brilliant strategy will fail to produce superior performance.
  5. Good strategies depend on many choices, not one, and on the connections among them. A core competence alone will rarely produce a sustainable competitive advantage.
  6. Flexibility in the face of uncertainty may sound like a good idea, but it means that your organization will never stand for anything or become good at anything. Too much change can be just as disastrous for strategy as too little.
  7. Committing to a strategy does not require heroic predictions about the future. Making that commitment actually improves your ability to innovate and to adapt to turbulence.
  8. Vying to be the best is an intuitive but self-destructive approach to competition.
  9. A distinctive value proposition is essential for strategy. But strategy is more than marketing. If your value proposition doesn't require a specifically tailored value chain to deliver it, it will have no strategic relevance.
  10. Don't feel you have to "delight" every possible customer out there. The sign of a good strategy is that it deliberately makes some customers unhappy.

Monday, December 26, 2011

Turbulence

Change is certain so rather than trying to avoid it perhaps our time would be better spent increasing our capacity to deal with it.

Seth explains

Is there really any other kind?
If we see turbulence coming, we tend to avoid it. The art is in knowing that turbulence might come and looking forward to it, bracing for it and embracing it at the same time.
If your plan will only succeed if there is no turbulence at any time, it's probably not a very good plan (either that or you're not going anywhere interesting.)

Sunday, December 25, 2011

Christmas hospitality

Christmas is a season for kindling the fire for hospitality in the hall, the genial flame of charity in the heart. Washington Irving

Christmas day is for opening our hearts, our gifts and our posterity to those who are in need, whether in spirit or in the necessities of life.
  
May every day be Christmas.

Saturday, December 24, 2011

Christmas Eve 00 plus 11

Merry Christmas to all and to all a Good Night!

A visit from St Nicholasby Clement Clarke Moore



'Twas the night before Christmas, when all through the house

Not a creature was stirring, not even a mouse;



The stockings were hung by the chimney with care,

In hopes that St. Nicholas soon would be there;



The children were nestled all snug in their beds,

While visions of sugar-plums danced in their heads;

And mamma in her 'kerchief, and I in my cap,

Had just settled down for a long winter's nap,

When out on the lawn there arose such a clatter,

I sprang from the bed to see what was the matter.

Away to the window I flew like a flash,

Tore open the shutters and threw up the sash.

The moon on the breast of the new-fallen snow

Gave the lustre of mid-day to objects below,

When, what to my wondering eyes should appear,



But a miniature sleigh, and eight tiny reindeer,

With a little old driver, so lively and quick,

I knew in a moment it must be St. Nick.

More rapid than eagles his coursers they came,

And he whistled, and shouted, and called them by name;

"Now, Dasher! now, Dancer! now, Prancer and Vixen!

On, Comet! on Cupid! on, Donder and Blitzen!

To the top of the porch! to the top of the wall!

Now dash away! dash away! dash away all!"

As dry leaves that before the wild hurricane fly,

When they meet with an obstacle, mount to the sky,

So up to the house-top the coursers they flew,

With the sleigh full of toys, and St. Nicholas too.



And then, in a twinkling, I heard on the roof

The prancing and pawing of each little hoof.

As I drew in my hand, and was turning around,

Down the chimney St. Nicholas came with a bound.

He was dressed all in fur, from his head to his foot,

And his clothes were all tarnished with ashes and soot;

A bundle of toys he had flung on his back,

And he looked like a peddler just opening his pack.

His eyes -- how they twinkled! his dimples how merry!

His cheeks were like roses, his nose like a cherry!

His droll little mouth was drawn up like a bow,

And the beard of his chin was as white as the snow;

The stump of a pipe he held tight in his teeth,

And the smoke it encircled his head like a wreath;

He had a broad face and a little round belly,

That shook, when he laughed like a bowlful of jelly.

He was chubby and plump, a right jolly old elf,

And I laughed when I saw him, in spite of myself;

A wink of his eye and a twist of his head,

Soon gave me to know I had nothing to dread;

He spoke not a word, but went straight to his work,

And filled all the stockings; then turned with a jerk,

And laying his finger aside of his nose,

And giving a nod, up the chimney he rose;

He sprang to his sleigh, to his team gave a whistle,

And away they all flew like the down of a thistle.



But I heard him exclaim, ere he drove out of sight,
"Happy Christmas to all, and to all a good-night."

Thursday, December 22, 2011

Winter Solstice

The longest night has ended in a glorious sunrise over the icy cold waters of Lake Michigan. The conquest of light over the gathering darkness is complete. The days will grow longer now, building to the crescendo of Summer. The earth has completed another journey around the sun. Life is reborn, we start anew this day, this Winter Solstice.

Sunday, November 20, 2011

Follow Through

Seth tackles the follow through.



Slamming your six iron into the ground, yelling at yourself, cursing out your staff, second-guessing, berating bystanders—there are plenty of ways we demonstrate our frustration that our best didn't work this time.

But is it helpful?
Learning from a failure is critical. Connecting effort with failure at an emotional level is crippling. After all, we've already agreed you did your best.

Early in our careers, we're encouraged to avoid failure, and one way we do that is by building up a set of emotions around failure, emotions we try to avoid, and emotions that we associate with the effort of people who fail. It turns out that this is precisely the opposite of the approach of people who end up succeeding.
If you believe that righteous effort leads to the shame of personal failure, you'll seek to avoid righteous effort.

Successful people analytically figure out what didn't work and redefine what their best work will be in the future. And then they get back to work.

Sunday, October 9, 2011

Time Travel

Scientists have discovered the neutrinos travel faster than light. Travel faster than light is a prerequisite of time travel. Ergo it is possible at some time in the future that time travel will be commonplace.

Forget all that, if you want to time travel visit a restaurant, deli or some other place where sights, sounds and smells remind you of a time long ago. This aspect connection is lost on most people who operate these venues. To them it is another day in the salt mine. To  the customer it is the creation or the reliving of a treasured memory.

Go back in time today and enjoy.

Fill in the blank

Seth offers a simple fill in the blank;

"I was pleased that I got what I paid for, that the food was properly cooked, that they honored their contract, that the roller coaster worked, that there was no trash on the ground and that the staff looked me in the eye. But what really blew me away was _____"

Sunday, September 18, 2011

Non - TV section

We need a section in restaurants that is free from the noise of TV's. We did it with smoke, let's remove TV's from restaurants now. Who is with me?

Monday, September 12, 2011

Th elephant in the economy


To ameliorate pain, feel it. What you resist you will persist

Brett Arends lays out the case for national defaults

It’s tempting to say, “if someone borrows money, they should repay it.” Generally speaking, I agree. I pay all my debts. But while that makes sense when applied to any individual, it doesn’t work so well when it’s applied to everyone. 

We have tens of millions who cannot repay their debts. But they are all trying to. That sucks huge amounts of money out of the economy. And that means these people cannot function properly as consumers or workers. That’s the reason people aren’t coming into your restaurant. It’s the reason people aren’t taking your yoga class. It’s the reason they haven’t hired you to redo the kitchen.

And so tens or hundreds of millions of perfectly responsible business owners and employees are also suffering from this slump. That’s the reason we have a shortage of demand. That’s the reason no one is hiring. 

Even worse: People who are underwater on their mortgage, but who do not want to default, cannot move to where the jobs are either. They are stuck with their home.

Thursday, September 8, 2011

Monday, September 5, 2011

Missed Opportunity

It is 10:55am. Outside your door which officially opens at 11:00am are an elderly women and her daughter. They have frequented your cafe before, you recognize their face. The sun and the humidity are beating down on them. They knock on your door.

A) do you show them your wrist watch and point at the time?

B) Walk over and tell them that you can not let them in because it is 5 minutes until the time you open

C)  Walk over, let them in and tell them that they can stay inside where it is cool, however you will not be able to serve them.

D)  Serve them!

Saturday, September 3, 2011

Aspirational v reality

Dave Logan has a great insight into struggle


Connecting these two worlds is not actually that hard (more on that in a moment), but these worlds require such different skills and thinking that often people are good at inhabiting one but not the other. In fact, people usually think their preferred world is better.  Most visionary leaders, masters of the aspirational realm, can’t think about a profit-and-loss statement.  Scientists, engineers, and accountants-people who live in the world of reality-think most visions, values, and mission statements are a complete waste of time.

Before I explain how you create this kind of bridge, it’s important to grasp the difference between the aspirational world and the ‘real’ one. ” In the aspirational world, the more you give things away, the more you have.  The lingua franca of this world are ideas and emotions–hope, pride, esteem. Candidate Obama has masterfully dealt in the aspirational world, creating and growing the aspirations of hope and change.

The other world is “reality,” and it is composed of finite resources that cannot be manufactured, like oil, gold, money and time.  Give away some of your time, or money, and you have less time or money.  Perhaps someday, technology will be able to make these things, but for now, there’s only so much of them.  When they’re gone, they’re gone.

...

Getting back to Obama, he can follow these three steps by first rebooting his hope and change engine.  It’ll be harder this time, because people feel let down.  But even with a small glimmer of optimism, he can then focus us all on real-world accomplishments that are measureable.  The truth is that jobs, money, innovation, and wealth sit on the border between aspirations and reality, not unlike microchips and buildings at USC.  Focus purely on reality, and they look unmovable.  Look just at aspirations and people get excited and then crushed. The aspirations-reality-aspirations cycle described in this blog post can produce jobs, income, and wealth on a level our country has never seen.