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	<title>Man In Ranks &#187; banks</title>
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	<description>The next generation Internet as viewed by a man merely in ranks.</description>
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	<itunes:summary>The next generation Internet as viewed by a man merely in ranks.</itunes:summary>
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	<itunes:author>Man In Ranks</itunes:author>
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		<title>US Military Academy Leadership Breakfast Series</title>
		<link>http://www.maninranks.com/2009/05/15/828/</link>
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		<pubDate>Fri, 15 May 2009 18:07:24 +0000</pubDate>
		<dc:creator>christopher</dc:creator>
				<category><![CDATA[Work and Technology]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[Cost_Reduction]]></category>
		<category><![CDATA[financial sector]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[Transformation]]></category>
		<category><![CDATA[Web_1.0]]></category>
		<category><![CDATA[Web_2.0]]></category>

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		<description><![CDATA[Flattered to be invited as the inaugural speaker for the USMA&#8217;s RTP Chapter Leadership Breakfast Program. Next month&#8217;s discussion will be led by Duke&#8217;s Men&#8217;s Basketball Coach, Mike Krzyzewski, followed in autumn by General Hugh Shelton, former Chairman of the Joint Chiefs of Staff, and General John Moellering, Chairman USAA. Sometimes it pays to be [...]]]></description>
			<content:encoded><![CDATA[<p>Flattered to be invited as the inaugural speaker for the USMA&#8217;s RTP Chapter Leadership Breakfast Program.  Next month&#8217;s discussion will be led by Duke&#8217;s Men&#8217;s Basketball Coach, Mike Krzyzewski, followed in autumn by General Hugh Shelton, former Chairman of the Joint Chiefs of Staff, and General John Moellering, Chairman USAA.  Sometimes it pays to be the first over the side.</p>
<p><strong>Web 2.0 Tools &#038; Techniques</strong><br />
- Web 1.0 was about Presence &#038; Publication<br />
- Web 2.0 is about Participation moving from millions of customers &#038; dozens of markets to millions of markets comprising dozens of customers<br />
- Knowledge is no longer power as Everybody knows.  How can each of us and each of our organizations become facilitators of everyone knowing.<br />
- the delivery device will be a mobile device / smart phone, especially for the evolving customer demographic<br />
<img src="http://www.maninranks.com/wp-content/uploads/2009/05/img_0423-225x300.jpg" alt="img_0423" title="img_0423" width="225" height="300" class="alignnone size-medium wp-image-833" /></p>
<p><strong>Financial recovery</strong> will follow-up <strong>sequence</strong> of: Restoring Liquidity (via debt); Re-capitalization; increased Merger &#038; Acquisition activity; focus on Customer.  Customer retention will be paramount and customers will have many, many options.</p>
<p>For <strong>project funding</strong>, product or service will have to fulfill one of several categories: 1) record time to cost-recovery or ROI, usually less than 9 months; 2) facilitates Transformation of the fundamental business model whether people, process or technologies; 3) enable the enterprise to be more Innovative.  Innovation does not have to be large and radical, could be incremental and small so long as it provides competitive advantage. </p>
<p>Reviewed recent IBM Global Services study Toward Transparency and Sustainability (email me for copy: perrien@us.ibm.com).  Recommend 18 May 09 <a href="http://www.newyorker.com/">New Yorker</a> article which overviews financial crisis.  Entitled: Death of Kings.</p>
<p>Photo is view from breakfast meeting.  Not exactly the home office view.</p>
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