A Light Bulb Went Off in the Desert

That's Texas in my rearview mirror - and if you look closely, you can discern the spider that we seemed to have picked up somewhere in the desert.

The 1,400+ mile roadtrip from TX to CA was an amazing journey with my Mom where along the way we saw old friends, stopped off in Tombstone (where I got a "talking to" from the Marshall - which I guess wasn't too bad considering the reputation of the town), soaked up the iconic southwestern culture and had a misadventure with my car key (yay, Triple A!). It was a beautiful mother/daughter experience... despite my Mom freaking me out by repeatedly referring to us as Thelma & Louise. They wound up in the bottom of the Grand Canyon. I wanted to make it to LA for my internship!

In between disagreeing over what music to play, Mom and I listened to the classic, Good to Great by Jim Collins. The findings of the author's research on what separates "good" organizations from "great" ones are compelling - and what I found most provocative were his thoughts on the use of technology by the "great" companies. In an age when social media is typically touted as a fool-proof method of marketing and networking, Collins' research is perhaps more important than ever. In Collins' interviews with leaders of "great" organizations he points out how little those leaders emphasize the use of technology. Now, that's not saying they don't use technology... of course they do. Collins, however, stresses that technology is an accelerator and not a creator of success.

Without proper analysis of the market, a sound business strategy and the discipline to stick with the strategy, technology becomes a tool in unskilled hands, yielding, at best, short-term gains. Collins uses the example of DrugStore.com and Walgreen's at the height of the Dot Com Boom. While the financial markets and analysts fell all over themselves regarding DrugStore.com, they practically had the obituary for Walgreen's written. I won't get into the details here - you should read them for yourself in chapter 7 of Good to Great - but Walgreen's emerged from their "slump" with a solid business strategy, trouncing the internet's wunderkind DrugStore.com, who has continued to flail since the Dot Com Bust.

Listening to Good to Great upon completing my first year of my MBA studies was perfect timing. Because the program has a focus on Digital Media Management, the book, like the program itself, reminds us that the tools of technology are critical accelerators, but are no replacement for a solid business foundation.