Book Review: Confession of an Economic Hit Man

Confessions of an Economic Hit ManConfessions of an Economic Hit Man by John Perkins

My rating: 5 of 5 stars

Confessions of an Economic Hit Man by John Perkins was eye opening. I suspected the oil was the at the source of most US conflicts, but it goes much further than that. According to the author, we try to loan mass amounts of money many oil rich countries, know that money will come back to US construction and engineering companies. Because these countries near reach the projected growth we promised would follow the loan, we are also ensuring that we will have forced loyalty and cheap sources of oil. I did feel that the author was a bit of a hypocrite. He talks about what you can do, such as reduce your own greed and oil consumption, but talks about the large amounts of money he made, and how he has been traveling the world. Does not sound like he is taking is own advice. Now is a great time to read this book however, with another Bush running for office. This book talks about the many evils both senior & junior Bush have done while in office. READ IT!

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Book Review: The Dream Lover

The Dream Lover: A Novel of George SandThe Dream Lover: A Novel of George Sand by Elizabeth Berg

My rating: 3 of 5 stars

The Dream Lover by Elizabeth Berg is a historical fiction about the life of George Sands. It tells the story about this ones woman’s family secrets and her many romantic affairs. Overall, I would give this book a 3.5. It was not quite good enough to rank it 4 stars. I liked that the main character was a scandalous woman, especially for her time period; she would say what every was on her mind, dress in men’s clothes and smoke cigars. But some of the characters were not well developed and you don’t really get to know them. I also think the title is completely off, the main character seems to have a lot of disappointment in her affairs, and I don’t see how the “dream lover” is… The last hundred pages became a little tedious to read, and it became hard to finish reading the book. I received this book for free through Goodreads First Reads.

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Book Review: A Spool of Blue Thread

A Spool of Blue ThreadA Spool of Blue Thread by Anne Tyler

My rating: 4 of 5 stars

A Spool of Blue Thread by Anne Tyler was the story of the Whitshank family. I received the book for free through Goodreads First Reads. I would give this book a solid 4 out of 5 starts. It has strong characters and relationships. The story begins when Abby and Red start facing the challenges of aging and their children start pushing for them to get some help or to move to a retirement community. Determine to keep their independence and stay in the house, many family members move in to the house to help. Sibling rivalry begins to show in the close quarters of the old family home. We flip through time to learn the back sorties of this family. The book weaves together the story of the family dynamic, the love stories that brought it together and the secrets that it hold.

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Book Review: Lisey’s Story

Lisey's StoryLisey’s Story by Stephen King

My rating: 3 of 5 stars

Lisey’s Story by Stephan King was pretty good, it was hard at first to get into as the character’s have their own made up words you must learn as you read. It was odd but creative.

Lisey is haunted by memories of Scott her late husband, a famous author. She finally takes on the task of sorting through his belongs when she finds he has left her a treasure hunt, her sister has a break down and a psychopath appears making demands about her husbands papers. Only by entering Scott’s secret world can see save her sister, escape from the psycho and find the treasure.

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Book Review: The accidental creative: How to be brilliant at a moments notice

The Accidental Creative: How to Be Brilliant at a Moment's NoticeThe Accidental Creative: How to Be Brilliant at a Moment’s Notice by Todd Henry

My rating: 3 of 5 stars

The accidental creative: how to be brilliant at a moment has a very misleading title. This book says it will help you unlock you latent creative abilities and create faster and more efficiently, but really what this book is about is how to organize your life and work. Once you really get into the book, you find that he is saying that to be creative, you must be organized, put in lots of prep time and set aside “idea time”. You must build meaningful relationships with others that may help you regularly with ideas and sharing. Your organization needs to include regular checkpoints to re-evaluate where you can adjust or cut projects and organize your work to avoid task switching and burnout.

The book was ok, I may try some of the ideas, but I felt like this was an overly structure life/work plan that will not work for many people. And it does not deliver on the promise of “how to be creative at a moment’s notice”.

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Book Review: At the Water’s Edge

At the Water's EdgeAt the Water’s Edge by Sara Gruen

My rating: 4 of 5 stars

In At the Water’s Edge by Sara Gruen, Maddie, a young beautiful society wife, supports her husband Ellis by traveling with him and his best friend Hank to Scotland during WWII. Ellis is determined to prove his courage to his father through finding proof of the Loch Ness monster. Taken away from luxury and society, Maddie learns more than she expected about herself and her friends.

I felt this book was not as good as her last book Like Water for Elephants, but it was still a good story. I felt did have some good surprises and some good characters. I like the change of character in Maddie, but was disappointed in how little she knew before the trip. Was she blind or just drunk? Overall, I would give this book a 4 out 5. This would be a great summer book, it has a little love, budding friendships, a ghost and some monsters.

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Book Review: The Big Data-Driven Business

The Big Data-Driven Business: How to Use Big Data to Win Customers, Beat Competitors, and Boost ProfitsThe Big Data-Driven Business: How to Use Big Data to Win Customers, Beat Competitors, and Boost Profits by Russell Glass

My rating: 5 of 5 stars

The Big Data-Driven Business by Russel Glass and Sean Callahan give their perspective and examples around big data. This book was loaded with information. Here was what I will take away from this book:

The most effective strategy to get a 360 view of what the customers and prospects are doing is for companies to have a fully integrated marketing stack: MAP, CRM, Data management and Analytics tools. This will help serve up relevant messages at the right time and anticipate needs and create products the customer base did not even know they wanted. Companies benefit most when they bring all the data into one central repository. Other technologies to consider for big data in marketing are DSP, DMP, programmatic media buying, dynamic display ads and predictive leads scoring.

Over time we have seen the buyer’s journey has dramatically changed. In 2012, Forrester Research showed that a buyer could be 90% though the buyers journey before they contact a vendor. Buyers once relied on sales people for information, but now leverage the Internet to learn about products, read reviews and gain peer opinion through social networks.
Companies need to find commercial insights that can help position them as a solution different from what the others in the market are offering and create content to educate the customer.

Through the marketing stack, marketing has access to the digital body language of customer & prospects. We can use retargeting or make specific offers based on this digital body language. Analyze your data to find what data points indicate that a prospect is ready to buy or a customer is ready to upgrade.

Driving leads that are based on data is central to the way the relationship between sales and marketing is constructed. Marketing should build extremely targeted and customized communication plans for sales. Marketing also needs should focus tactics to drive users through different stage of the funnel. At the top of the funnel, use display ads to drive brand awareness. In the mid-funnel, engage and educate users using display and social media ads that promoted tools such as ebooks, whitepaper & webinars. In the lower funnel, use retargeted display advertising to offer a free trial of services.

Break conversions into “soft conversions” such as blog post reads, watch videos or interacting with online content without supplying email and “hard conversions” where the user shares their email to get a white paper or other asset. Analyzing individual content pieces can provide insight into which ones are the most influential in driving prospects through the marketing funnel.

Leverage attribution models to determine the effectiveness of marketing tactics. Last click attribution tends give too much credit to the lower funnel without recognizing the efforts that got prospects into the funnel in the first place or nurturing and educating them to move them further into the funnel. It ignores the buyer’s journey. Rules-based attribution tries to assign a values to a particular tactic based on predetermined rules or weights. Algorithmic attribution assigns values to each interaction based statistical regression to find the correlation between marketing activities and sales data. These data driven models typically provide the most accurate picture.

For big data, we should always be collecting and measuring. The enhanced measurement capabilities of digital marketing and the ease of A/B testing in digital environments enables marketers to put more money behind effective programs. Digital programs can be measured in real time and should be monitored on a weekly, daily AND hourly basis.

Stay on top of your data and processes around that data – technology is inextricably linked with a marketing’s goals. Strategy and software are bound together. Conduct a data audit and strive to integrate data silos- a data audit can help identify what we have access to and give a better handle on what data we actually need to boost revenue and profits.

It is also important to leverage big data to challenge your business to deliver offerings that are cheaper and better. It is better to develop these new offerings yourself before others do. It is better to cannibalize yourself than be eaten by your competition. Think Blockbuster, Borders and Tower Records.

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Book Review: The Architect’s Apprentice

The Architect's ApprenticeThe Architect’s Apprentice by Elif Shafak

My rating: 5 of 5 stars

Architecture’s Apprentice, the latest fiction novel by Elif Shafak, is story of a Jahan, who after arriving in Istanbul becomes the Sultan’s caretaker and trainer for a young white elephant, Chota. Through Chota, Jahan is able to befriend the princess and weaves wonderful tales for her about the elephant’s life. When war breaks out, Jahan and the Chota are sent to battle, as Jahan had told the elephant was breed to be a warrior. The two find much pleasure in assisting in the building of the bridge needed to cross the river and they gain the attention of the architect. After returning triumphant from war, Jahan becomes one of the architecture’s assistances.

I received this book for free through Goodreads First Reads, and I would highly recommend this book to anyone who loves a good story. This was a beautifully crafted story, with touching characters. Jahan is a trusting obedient student whose love runs deep for his master, his princess and his elephant.

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Book Review: How Google Works

How Google WorksHow Google Works by Eric Schmidt

My rating: 3 of 5 stars

They do have some very different views in this book. I would not want to work in the crowded, overworked environment they describe, but I do like the idea of smaller meetings that only include people that are key to the meeting and basing decisions on data whenever possible. The LAX test was a good one, never hire anyone you would not want to get stuck with at the airport. ☺ I like the idea of ship and iterate, create the product ship it out, find the defects, improve and ship again. But I see this may not work for most companies that are not the in the software or web business. You can’t create a manufactured good using this method.

There are lots of great ideas in this book, it is worth the read to find them all.

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Book Review: Numbersense: How to Use Big Data to Your Advantage

Numbersense: How to Use Big Data to Your AdvantageNumbersense: How to Use Big Data to Your Advantage by Kaiser Fung

My rating: 4 of 5 stars

There are so many ways the numbers may be skewed. With the right data transformation, exclusions or imputations, the numbers can be manipulated to tell the story the researcher wants the data to tell. Always check raw data, the assumptions and methods used to transform or normalize the data and the statistical techniques selected to analyze the data.

The book gives many examples of data manipulated for some advantage, law school deans fudge the numbers to get higher law school rankings. Groupon shows the benefit of advertising with them, but Groupon looks at the number as a whole and does not break out current customers that take advantage of the discount from those that are net new customers.

The epilogue shows two data challenges I am very familiar with. To bad he does not have any quick fix for these: How do you get one system to accept the dates from another system as a date variable, not text or numeric? How do we categorize thousands of keywords into useful groups in a reasonable amount of time, especially considering these are always changing?

Fung reminds us that big data has nothing to say about causation, many things are correlated without one causing the other. He also demonstrates how statistical significance does not prove the results are important, tiny numbers with little real impact can be statistical significant.

Overall, I think the book was a good read. It had great examples for social data, marketing data, economics data and fantasy football.

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