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	<title>Comments on: Doing the Most Good Means Smart Economics</title>
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	<link>http://technosailor.com/2008/11/25/doing-the-most-good-means-smart-economics/</link>
	<description>Business and Technology with Common Sense</description>
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		<title>By: Richard Becker</title>
		<link>http://technosailor.com/2008/11/25/doing-the-most-good-means-smart-economics/comment-page-1/#comment-46091</link>
		<dc:creator>Richard Becker</dc:creator>
		<pubDate>Wed, 26 Nov 2008 16:01:44 +0000</pubDate>
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		<description>Aaron,

You just reminded me of an occurrence in Las Vegas in the wake of 9-11. MGM Grand immediately stepped up and made a $1 million donation to relief efforts.

About a week or two later, they laid off several thousand employees. While the money was from two different budgets, the public backlash was fierce. It became even worse when they had to ask for the donation back (or risk more layoffs).

I think Geoff&#039;s idea is simple enough. Instead of purchasing gifts, he&#039;s making donations in other people&#039;s names (I had a client that used to buy me a tree in the rain forrest every year). So, it&#039;s reallocation and well meant.

While there are some theoretical question marks associated with these types of giving programs, they still help. Still, I like your post because it reminds people that giving is best when you can keep yourself healthy. Or, in my example, you don&#039;t want to lay people off because you were out doing good for someone else.

Best,
Rich</description>
		<content:encoded><![CDATA[<p>Aaron,</p>
<p>You just reminded me of an occurrence in Las Vegas in the wake of 9-11. MGM Grand immediately stepped up and made a $1 million donation to relief efforts.</p>
<p>About a week or two later, they laid off several thousand employees. While the money was from two different budgets, the public backlash was fierce. It became even worse when they had to ask for the donation back (or risk more layoffs).</p>
<p>I think Geoff&#8217;s idea is simple enough. Instead of purchasing gifts, he&#8217;s making donations in other people&#8217;s names (I had a client that used to buy me a tree in the rain forrest every year). So, it&#8217;s reallocation and well meant.</p>
<p>While there are some theoretical question marks associated with these types of giving programs, they still help. Still, I like your post because it reminds people that giving is best when you can keep yourself healthy. Or, in my example, you don&#8217;t want to lay people off because you were out doing good for someone else.</p>
<p>Best,<br />
Rich</p>
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		<title>By: Dave Webb</title>
		<link>http://technosailor.com/2008/11/25/doing-the-most-good-means-smart-economics/comment-page-1/#comment-46090</link>
		<dc:creator>Dave Webb</dc:creator>
		<pubDate>Tue, 25 Nov 2008 21:49:27 +0000</pubDate>
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		<description>I dunno, sometimes it seems like businesses can get a bit myopic when they narrowly focus on counting beans. 65% of American consumers say they would change to brands associated witha good cause if price and quality were equal and more than 60 million people are willing to pay a premium for socially and environmentally responsible products.

I agree that the ROI is not that easy to measure, but it doesn&#039;t have to cost a lot of cash, or be an elaborate undertaking to forge strong relationships with the right nonprofits. Tapping into an emotionally connected constituency is a dynamic way to greatly expand your reach. Once that happens, then it&#039;s up to the business to do the normal things it should be doing anyway to turn prospects into customers.

The key is having the right game plan, intense focus, and proper execution. And, whether by 3&#039;s or 20&#039;s, to get in the end zone as many times as possible.</description>
		<content:encoded><![CDATA[<p>I dunno, sometimes it seems like businesses can get a bit myopic when they narrowly focus on counting beans. 65% of American consumers say they would change to brands associated witha good cause if price and quality were equal and more than 60 million people are willing to pay a premium for socially and environmentally responsible products.</p>
<p>I agree that the ROI is not that easy to measure, but it doesn&#8217;t have to cost a lot of cash, or be an elaborate undertaking to forge strong relationships with the right nonprofits. Tapping into an emotionally connected constituency is a dynamic way to greatly expand your reach. Once that happens, then it&#8217;s up to the business to do the normal things it should be doing anyway to turn prospects into customers.</p>
<p>The key is having the right game plan, intense focus, and proper execution. And, whether by 3&#8242;s or 20&#8242;s, to get in the end zone as many times as possible.</p>
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		<title>By: Jim Turner</title>
		<link>http://technosailor.com/2008/11/25/doing-the-most-good-means-smart-economics/comment-page-1/#comment-46089</link>
		<dc:creator>Jim Turner</dc:creator>
		<pubDate>Tue, 25 Nov 2008 15:34:58 +0000</pubDate>
		<guid isPermaLink="false">http://technosailor.com/?p=5236#comment-46089</guid>
		<description>I like it Aaron.  Every now and then it&#039;s good to loosen up the defense by going deep.  Loosens the arm and shakes out the bugs.  Then you can get back to the grind it out gains.  Always making your competition wonder whether you might go big.

The long bomb is sometimes good for morale in tough times as well.</description>
		<content:encoded><![CDATA[<p>I like it Aaron.  Every now and then it&#8217;s good to loosen up the defense by going deep.  Loosens the arm and shakes out the bugs.  Then you can get back to the grind it out gains.  Always making your competition wonder whether you might go big.</p>
<p>The long bomb is sometimes good for morale in tough times as well.</p>
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