[LINK] Long ago, we would go shopping...

[Tom Koltai]

> -----Original Message-----
> From: link-bounces at mailman.anu.edu.au 
> [mailto:link-bounces at mailman.anu.edu.au] On Behalf Of Bernard 
> Robertson-Dunn
> Sent: Saturday, 15 January 2011 12:50 PM
> To: link
> Subject: [LINK] Long ago, we would go shopping...
> 
> 
> Long ago, we would go shopping...
> Michael Evans
> January 15, 2011
> SMH 
> http://www.smh.com.au/business/long-ago-we-would-go-shopping-2
> 0110114-19r55.html
> 
<SNIP>
> 
> When the internet began eating into media companies' earnings the rot 
> quickly set in. In property and retail, it may well be slow burn and 
> arguably there are goods and services shoppers who would only 
> ever buy 
> in person.
>
I guess in 1986, when the Geeks wrote papers like:

ARPANET the Economic Leveller

Quote/ ...and small home based business will be able to effectively
compete against named brands with virtually no marketing cost and very
little "warehousing" overhead. /Quote

No-one in the Retail industry knew how to read.

They should mandate the study of Systems Science for all Directors of
companies.

> But will landlords prove any more ready than media companies?
> 

Err, no. They will go broke or be merged.

<SNIP>
> 
> In reality, the bricks and mortar shakeout has only just begun.
> 

Actually, I think it may have started a long time ago, (1986 via BBS'es
with Software advertisements on the bottom of FIDO email Taglines)
however it's only now that anyone has noticed.

And in Summary.

Geeks know things.
Each Company needs a resident Geek.
The Resident Geek should be on the Strategy Advisory Board.
Directors of large companies are learning that they can no longer trust
their old school style of doing business.

Let us all hope they adopt a Geek before it's too late.