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SEC & Disclosure…

Last month, the SEC announced new guidance in using traditional websites and social media channels as legitimate means for companies listed on US stock exchanges to communicate with investors and others.

Like Neville, I believe that announcement will have a far-reaching impact on how organizations communicate, not only listed companies (he has outlined some reasons why he thinks so).

I agree that this doesn’t spell the end of the press release. In fact, it could make the press release more important as companies seek to differentiate communications.

The SEC also made other moves this week – the recording is available – with SEC Chairman Christopher Cox presenting IDEA, a pretty good acronym for Interactive Data Electronic Applications. During the course of the next three years, IDEA will replace EDGAR, the SEC’s 1980s-era computer system for filing documents electronically.

In a first, anyone with an Internet connection – investors, financial analysts, anyone – will be able to more easily find, analyze and extract data and other financial information about US-listed companies held by the SEC. Neville points to the important underlying message in that this appears to give clear support for XBRL in financial reporting and information analysis

The SEC’s press release has the details and there is plenty of commentary and opinion. Hat tip to Neville for the post…

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the Internet makes us superficial

Definitely plan to write more on this… Nick points to A recent edition of Science featured a worrying paper by University of Chicago sociologist James A. Evans titled Electronic Publication and the Narrowing of Science and Scholarship.

Seeking to learn more about how research is conducted online, Evans scoured a database of 34 million articles from science journals. He discovered a paradox: as journals begin publishing online, making it easier for researchers to find and search their contents, research tends to become more superficial.

Evans summarizes his findings in a new post on the Britannica Blog:

[My study] showed that as more journals and articles came online, the actual number of them cited in research decreased, and those that were cited tended to be of more recent vintage. This proved true for virtually all fields of science … Moreover, the easy online availability of sources has channeled researcher attention from the periphery to the core—to the most high-status journals. In short, searching online is more efficient, and hyperlinks quickly put researchers in touch with prevailing opinion, but they may also accelerate consensus and narrow the range of findings and ideas grappled with by scholars.

If part of the Carr thesis [in “Is Google Making Us Stupid?”] is that we are lazier online, and if efficiency is laziness (more results for less energy expended), then in professional science and scholarship, researchers yearn to be lazy…they want to produce more for less.

Ironically, my research suggests that one of the chief values of print library research is its poor indexing. Poor indexing—indexing by titles and authors, primarily within journals—likely had the unintended consequence of actually helping the integration of science and scholarship. By drawing researchers into a wider array of articles, print browsing and perusal may have facilitated broader comparisons and scholarship.

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Digital Nomads & Data Cards…

More and more folks are using mobile data cards according to Nielson… another sign of the growth of the Connected Era:

…Nielsen’s research reveals that the cards are beginning to play an important role in home and personal Internet access, as well. In fact, 43 percent of mobile data card users report they most often use their data card at home, while 15 percent say they typically use the card at work. Additionally, one in five (21 percent) data card subscribers take advantage of ubiquitous access by heading outdoors and 9 percent use their card while commuting.

GigaOm points to one of the reasons:

An easy explanation would be better price packages and higher speed tiers, thanks to newer 3G technologies. Of the nearly 1,300 mobile data card users Nielsen surveyed, more than 99 percent still kept their wired broadband service: 40 percent of card users also have cable broadband and 34 percent also have DSL in their home. That number can jump to 59 percent, giving wired carriers something to think about…

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Me On Social Media

Would have missed but for my Google feedsand here… Me chatting about social and digital media

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on ambition

Tom Peters has some interesting ideas and exercises aimed at harnessing ambition. Here’s an example:

Performance
The output. The measurement of the progress towards the ambition, where talented people take pride in executing their personal accountability and continually add value through discipline, hard work and continuous learning.

Goals, targets and rewards focus talent on the performance parameters that will deliver.

To get going…

With a few like-minded people create a list of all the performance measurements you use. Analyse what type of behaviour the measurements reward. Ask yourselves if the rewarded behaviour really helps to achieve your ambition. If it does; do more of it. If it doesn’t; challenge your assumptions of having it as a measurement. Start a discussion on how you could measure the real value added of your business/department.