MySpace / Facebook comparison screenshots

photo © 2009 kevin |

The following Forbes article is a interesting take on what happened to MySpace and contributed to it’s downfall and why Facebook is succeeding where MySpace failed. “MySpace demonstrates a big fallacy of modern management.  The belief that smart MBAs, with industry knowledge, will perform better.  That “good management” means you predict, you forecast, you plan, and then you go execute the plan.  Instead of reacting to market shifts, fast, allowing mistakes to happen while learning what works, professional managers should be able to predict and perform without making mistakes.  That once the bright folks who create the strategy set a direction, its all about executing the plan.  That execution will lead to success.  If you stumble, you need to focus harder on execution. “ Continue reading