Samsung’s Instinct is selling just as fast the Razr before it. And we all know how that story ended: even the Razr couldn’t stop Motorola’s handset group from imploding. Lesson: the real challenge for mobile isn’t just making cool stuff - because the network operators can minimize the value of cool handsets in a hearbeat. The real challenge is making an entire value chain which provides an authentically, radically awesome set of services and a killer consumer experience .

Yahoo vs Microsoft - again (again). Consolidating an obsolete business model is probably only worth 3-5 years of rapidly diminishing returns. What’s the real plan for strategic renewal?

 The MediaGuardian 100. Why is media unable to grapple with a profound need for strategic reinvention? Check out the list and draw your own conclusions - mine is a noticeable lack of almost any kind of diversity. Imagine the finance, econ, or politics top 100: would it be as homogeneous as this?

Blogosphere thinks Guardian Media is the new Yahoo (ie, acquirer of what’s left of www 2.0). It’s not - the GMG guys are too smart to gobble up could-have-beens like Digg.

The ongoing death of “loyalty”, special airline frequent flyer edition. How did we used to think about the thoroughly industrial era idea of “loyalty” to a brand, product, or company? By..ummm…buying it.

Needless to say, that’s neither authentic, sustainable - nor economically meaningful. It’s just naked price competition by another name - and when we employ it, all we do is sell ourselves out at the end of the day.

That’s why reinventing “loyalty” is a huge opportunity for strategic innovation across industries today.

Everyone’s hypnotized by Apple. Absolutely right. Why? Because Apple has radical new DNA. It’s not organized according to industrial era principles - that’s why it’s able to stop playing the same old lame, tired, value-destructive industrial era games of strategy, and break yesterday’s rules instead.

You know the mobile value chain that’s kept consumers alienated, innovation stale, and handsets lame for the last decade? Apple is atomizing it in real time: that’s what the Apps Store really is.

Oorthodox strategy kills yet another industry: video games. Yes, publishers, marketing the life out of (insert licensed megabrand here) pt 99182838 is so not thinking strategically - it’s just a way to get locked into a marketing war. Thank you, Nintendo, for bringing fresh DNA to this long-suffering industry - just like Apple’s doing to mobile, media, and consumer electronics.

Here’s a related and kind of cool example of fresh DNA slowly taking shape in the games industry: Rock Band as a mechanism for connected consumers to engage with music once again (Guns n Roses, in this case). Now that’s almost fresh DNA - to maximize the gains from such a value chain, labels, artists, and managers have to think about making music itself radically open, remixable, liquid, etc…

Fund managers (really) can’t outperform the market. Lol - really? You don’t say.

What might be more interesting is to ask the same question of agencies, strategy consultancies, and advertising itself. Because the fact that the world’s top brand belongs to a company which doesn’t well, advertise, suggests strongly that advertising itself has little effect on corporate performance.

Hi, and welcome to the Media Lab!

Why the Media Lab?

We think it’s pretty clear that ongoing industry volatility - and stagnating value creation from startups and incumbents alike - demonstrates that the media industry lacks valid and accurate economic insights and concepts that can help drive powerful new strategies and business models.

Even today’s most successful media revolutionaries - social networks, like Facebook and Myspace - are finding it difficult to explode the bounds of value creation with meaningful business models and strategies.

At the same time, even in those rare instances where the media industry develops groundbreaking new ideas, it’s also held back by steep pioneering costs: currently, the only way to experiment with new business models, revenue streams, and strategies is through acquisition or investment, where the stakes begin at $5-10m and rise fast. As a simple example, to test the validity of a new pay-per-call revenue stream, eBay acquired Skype for billions - with disastrous results.

We hope the Lab can help address these challenges, and help make everyone better off.

How?

The Lab is an incubator for ideas.

As a thinktank, we’re going to discuss the future of media strategies, business models, and innovation both here on the blog and by publishing articles and papers.

But we’re going to help incubate those ideas across a network of partners, made up of corporations, investors, and startups. We’ve already kicked off the network - what do all the members have in common? A shared interest in revolutionizing media to explode value creation. The goal of the network is to address the challenge of innovation in today’s mediascape: to seed and run experiments, helping everyone learn big by failing small - bringing next-gen strategies and business models to life.

If you’d like to read more about our ideas, stay tuned.

If you’d like to join the network, please drop us a line to set up an introductory chat.