Have you seen the YouTube video yet where a man is chasing his dog, chasing deer in Richmond Park? http://www.youtube.com/watch?v=3GRSbr0EYYU.
The nation seems divided over whether it is funny or not, but it gives me the excuse to talk about a deer related subject which has lessons for our business.
Let’s talk about Elks. Robert H. Frank is an economist at Cornell University who has just published a book about the Darwinian theory of Economics (The Darwin Economy, Liberty, Competition and the Common Good). Frank argues against the commonly accepted theory that out and out competition is good for the nation as a whole because it delivers a stronger set of businesses.
He illustrates this by describing Elks (though the deer in rutting season in Richmond Park would probably work as well).
The outsized antlers of the bull elk function as weapons in their competition for female elks. At their largest they extend to more than four feet in width. Satisfying as this is for the elks with the biggest antlers, as a whole this severely compromises the ability of the herd to move through forests and makes them more vulnerable to predators. “A trait that evolves because it helps the individual prevail in battle against members of the same species typically constitutes a handicap for the species as a whole”.
The analogy runs that the characteristics that have made people win status and position in the economic battles that have been traditionally fought could have a negative influence on the overall strength and success of business.
If you have achieved status and position by stepping on your peers you may have done very well relatively. But your organisation might not be best placed for long term survival in the new global and digital economy. For example if you beat the competition by being cheaper than the rest it might result in a win for you, but will drive down prices and profitability in the industry as a whole.
The advertising industry as a whole is still rife with heritage practices. Is this because the antlers of the alpha elks have grown too big for flexibility?





Tis the season for annual predictions.
December 9th, 2011At around this time of year Esteemed Media Pundits have been predicting “Next year is the year of the mobile” for at least 5 years.
I was on a panel recently at the Mobile Advertising World Conference. My co-panellist Simon Andrews upped the game. He’s calling it the “Decade of the mobile”.
Well he might be right, although the particular device you connect to the web with will continue to diversify, and of course what you call it might change.
There used to be a regular annual prediction about convergence, so that you would use one device for all entertainment, calls, web etc. That hasn’t happened. I didn’t think I’d have a use for an iPad as well as a Blackberry and an Android phone but I seem to need to carry all three around with me.
And last time I watched TV with my kids, daughter 1 was on her iPhone, daughter 2 was bbming and I was looking at Zeebox.
The best remark came not from anyone on the panel but from Hugh Fletcher, National Digital Manager from Audi (who was there to speak about the fantastic Audi app which was the only one pre loaded onto my iPad when I was given it as a birthday present in the summer). He wondered why mobile media men were making it all so complicated, and how we can expect senior marketers who know and understand the power of TV, print, outdoor etc to know or care about a whole new set of jargon.
If it is to be the year (decade) of the mobile next year we’d better keep it simple.
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