zTube will be launched on an internal Zayo Social Network (and perhaps some will find their way to Bear-on-Business).   zTube will feature 3-5 minute clips on topics that might interest Zayo employees.   Examples of  topics are:

  • Why all the Hoopla about Bandwidth Infrastructure?
  • Zayo Bandwidth’s Myopic Focus on Raw Bandwidth for Large Customers
  • Durable Revenue & Unique Network
  • Strategy and Tactics for zCOLO
  • ZEN’s need to focus on Bandwidth Infrastructure
  • Why Salesforce.com is so Important to Zayo Group
  • Pricing Trends in the Bandwidth Infrastructure Industry
  • All the Right Reasons to Work at Zayo Group
  • It is all about the Capital Expenditures
  • Marathon, not a Sprint
  • The Boom, The Meltdown, and the Resurgence of the Telecom Industry

For those of you who are common-sense challenged, the zTube name comes from combining the Z from Zayo with the Tube from YouTube.    :)

Once we get this going, I will encourage employees from throughout the company to submit business-pertinent video clips to post to the site.

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I will repeat my opening from yesterday.  Employee Communications is extremely important.   The flow of information should be two-way…with the senior team making sure it is doing at least as much listening and learning as they are talking and explaining.

Yesterday I introduced 10-10-10 Sessions.  The 10-10-10 format might be unique.  The next part of the Communications Plan will be round table sessions.  My guess is many of you participated in this format in the past.  It is straight-forward.  We will invite 8 – 10 people to participate.   Either Ken or I will host the session.  We will talk about whatever the group wants to discuss.

For those of you who are geometry-challenged, the Round Table title comes from the notion that many of these sessions take place at a table that is round.  :)   At the risk of confusing our astute team, many of our sessions will take place via conference call or, perhaps, a rectangular table.

I will also repeat my closing from yesterday.    Team success and Great Culture are every employee’s responsibility.  The round table sessions will give many of you the opportunity to provide valuable feedback and perspective.  Please be candid and constructive with us.

• “What are your career objectives and how can Zayo better help you meet them”
• “What constructive feedback do you have re: Zayo? That is, what do we do well that we should do more of…and what do we need to improve? And what opportunities are we missing?
• “What questions do you have for Dan or Ken?”

For those of you who are math-challenged, the 10-10-10 title comes from 10 minutes on each of the three areas.  J

Team success and Great Culture are every employee’s responsibility.  These sessions will give many of you the opportunity to provide valuable feedback and perspective.  Please be candid and constructive with us.

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Employee Communications is extremely important.   The flow of information should be two-way…with the senior team making sure it is doing at least as much listening and learning as they are talking and explaining.

As part of Zayo Group’s Communications Plan, we are rolling out 10-10-10 Sessions.   You might be interested in the origin and history of the 10-10-10 format.  If so, I will provide it here:  I made it up.  So, please bear (no pun intended) with me if we need to modify.

10-10-10 is a one-on-one session.    Senior team members will be invited to participate.   If you are invited and are uncomfortable participating, please let us know.  The sessions will be either with me or with our CFO, Ken desGarennes.  We  spend 30 minutes, spending 10 minutes each on the following topics:

• “What are your career objectives and how can Zayo better help you meet them”
• “What constructive feedback do you have re: Zayo? That is, what do we do well that we should do more of…and what do we need to improve? And what opportunities are we missing?
• “What questions do you have for Dan or Ken?”

For those of you who are math-challenged, the 10-10-10 title comes from 10 minutes on each of the three areas.  :)

Team success and Great Culture are every employee’s responsibility.  These sessions will give many of you the opportunity to provide valuable feedback and perspective.  Please be candid and constructive with us.

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In the Employee Surveys, a message we hear consistently is that employees crave more communication and information.    I, too, crave more communication and information.  So let’s kill two birds with one stone.

Over the next few weeks Zayo Group will begin a new employee communications program.  The program is likely to have four components:

  1. 10-10-10 Sessions
  2. Executive Round Tables
  3. zTube
  4. Bear Chat

We will describe each of these over the next few blog posts.

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Last week at Venture Capital in the Rockies Winter, Dan gave a great keynote presentation about one hit wonders, entrepreneurs gone bad and the special breed of great serial entrepreneurs.  Watch the video at http://www.coloradotechtv.com/dan-caruso-vcir-keynote-video.

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ZEN is Zayo Enterprise Networks. With the snow capped Rocky Mountains as a backdrop, ZEN’s senior team put together a Vision, Strategy, and Values statement. I thought some Bearonbusiness readers might find it interesting.

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ZEN Vision, Strategy and Values

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Strategy – How we will achieve our vision

1. Drive the business locally
Empower local teams to drive business decisions
Enable GM’s with financial reporting and hold accountable for full P&L performance
Ensure centralized resources are delivering value in the minds of the GMs

2. Focus on leveraging and growing our on-net assets
Sell from the “Network out” to our target customers
Invest in fiber and colocation capacity to create long term value
Synergize with Zayo Bandwidth to extend the reach of the network for both

3. Offer simple, IP and Fiber based services
Deliver core IP and Fiber-based services to enable on-net Data, Voice, Video solutions
Resell on-net ZB services to broaden offering, increase wallet share and margins
Maintain intense focus on cost reductions for all offnet or service related costs

4. Make every customer an Advocate for ZEN
Compete by offering unique connectivity options and great service
Focus on mid-sized enterprises in Healthcare, Education and Business
Enable Regional Telco’s / ISPs with our on-net capability

5. Develop an entrepreneurial team
Retain, recruit skilled results oriented people consistent with local autonomy and value adding central services
Offer compelling employee value through skills and leadership development and competitive salary, benefits
Communicate openly to ensure alignment

At some point in the future, I will shed more light on why ZEN and ZB are operated as separate businesses.

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IMS Research is a market research firm that was founded in the 1980s. Initially, they focused on the semiconductor industry. Over the last decade, they’ve expanded into most other sectors of the electronics industry, including physical security.  Their 70 person team publishes more than 120 reports annually.

IMS published a report titled IMS Top 2010 CCTV Trends. What was their number #1 Trend? Envysion enthusiasts—here it is:

“2010: The Year For IP Video Surveillance as a Service?”

It has a host of names – Managed Video as a Service (MVaaS), Video Surveillance as a Service (VSaaS), Remotely Monitored Video – but whatever the name, 2010 will be the year it moves out of the shadows into the limelight.

Software as a Service (SaaS) and cloud computing are common currency in the IT world. Simply put, software is run and data is managed on a remote server rather than a local PC. When applied to video surveillance, cameras can be used to monitor a location but the video will be managed and stored remotely. This technology should prove to be attractive to alarm monitoring centers, telcos/ISPs and installers/integrators alike. It will open up new revenue streams, particularly as video verification of alarms becomes more popular, and new applications such as ‘lone worker protection’ or ‘video bodyguard’ are requested.

VSaaS could be the disruptive force needed for network surveillance to penetrate the low-end of the surveillance market. The current high price of network cameras and the need for reasonable IT skills is limiting the uptake of network video surveillance in smaller sized systems with low camera counts. With VSaaS, the initial system cost is reduced by removing the need for local management and storage, and replacing it with a subscription-based monthly service. Furthermore, users are not required to be proficient with IT as the system management is performed remotely.

Low camera count deployments in offices, retail outlets and commercial premises are currently the domain of analogue cameras. However, VSaaS has the potential to disrupt these markets by providing a similar cost product with the additional advantages of remote monitoring, added features such as ‘lone worker protection’, and no need for ongoing maintenance.

Envysion coined the name “Managed Video as a Service (MVaaS)”. I personally think it the most sticky of the names above. The excerpt from IMS Research’s report only scratches the surface on why MVaaS will have a major impact—and this impact will not be limited to “surveillance”, as MVaaS helps businesses achieve greater profitability and brand consistency through practices that would not be viewed as “security” or “surveillance”.

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I saw Avatar last night. 3D. IMAX. With my 14-year-old boy sitting right next to me.

The first Star Wars came out in 1977, when I was 14. I don’t know who was sitting next to me. To this day, I can recall my emotions when the movie ended.

Stunned.

Exhilarated.

Inspired.

Frustrated, because I didn’t want it to end.

Frustrated, because I wanted to know what happened next.

I had to wait 32 years to feel these emotions again. It was worth it. Especially because my 14-year-old was sitting right next to me. And because he felt those emotions too.

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You might have noticed the dearth of bearonbusiness blog posts as of late. A lot of folks have sent me messages inquiring why. Well, I didn’t mean to stop publishing. It just sort of happened. Hopefully this is a temporary hiatus. I stopped because I was too busy and distracted to keep up with the posts. Then once I stopped, I didn’t pick back up. I hope to pick it back up (and I am confident I will) but I want to wait until I am confident I can publish regularly… maybe three times a week instead of five.

Thanks for the support and kind words.

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Last month, Zayo began a regular process for employee surveys.  For those employees who participated, I’d be interested in your feedback.  If you’re up for it, send me an email on what you thought about the survey.   After reading the results, I thought I’d offer some perspective to employees.

First, I want to thank those of you who responded.  The overall response rate was 62%–which I consider good but not great.  I’d like to see us get to 80%+.  The feedback seemed candid and thoughtful, and I hope this continues with future surveys.

Second, I will offer some context on our approach to the survey.  I will comment on survey frequency, survey length, and the level of “sophistication”.

Frequency:  I believe in frequent employee surveys, as it provides an ongoing feedback loop to understand what is on the minds of employees.  As such, I asked that the survey take place monthly, but only 1/3 of our employees are asked to respond each month.  We will look at the results each month, but will tabulate them for each quarter (to address statistical significance).  Each employee will have the opportunity to respond quarterly—which gives each of you a voice to tell us whether we are preserving the positives while addressing the shortcomings.

Survey Length:  I believe in relatively short surveys, so that employees can complete relatively quickly.   My guess is that most employees spent 5 – 10 minutes.

Sophistication:  We did not hire a consultant.  We did not have an off-site to debate questions.  We did not banter around multiple different approaches.   Instead, we decided to throw something out there and, after seeing what happens, make course corrections.   One question started with “How strong…” and the choices of answers were “So So”, “Not Effective”, “Effective”, and “Very Effective”.  This is a small example of how we will modify.   More significant improvement ideas came from the employee survey comments, and we will address these as appropriate.  My main point is this—it is more important that we are instituting a forum for frequent and candid feedback than that we developed a perfect process.

Next, I want to stress how important it is to take to heart the survey feedback.   This burden starts with the heads of each of the business units, as they will see all the results and the written feedback.     Each business unit will share the quantitative results with their teams and will also summarize the written comments.  My guess is the results will cascade throughout the organization.  As you hear the feedback, please keep the following in mind:

  1. A lot of the results are positive.  Let’s focus on these as well as the constructive comments.  By calling out the positives, employees are telling us what good things they see and that these are important to them.   Let’s not take these for granted but, instead, let’s build on them.
  2. Many of the comments are constructive.  Some of these should be acted upon with a sense of urgency.  Others are probably better to put in a “wait-and-see” / “monitor” bucket.   Zayo is a very new company, and we will hit speed bumps and pot holes.  I know we hit several in 2009; with the benefit of hindsight, we probably could have avoided some of them.   At the pace we move, we know we will hit more.  The key is how quickly we recognize them and whether or not we learn from them.  The survey feedback should help us learn, so long as we reflect on the feedback and interpret it appropriately.

Finally, I want to highlight the profound opportunity we all have to shape the Zayo culture.  We are a brand spanking new company.  Lots of us have worked together before, but we have done so across many different companies such as Citynet, Onvoy, FiberNet, Level 3, MFS, ICG, etc.   Our time together at Zayo is just beginning.  As you fill out the survey or as you review the results, ask yourself what you can do to help make Zayo a great place to work.  Also, please consider that Zayo is really four autonomous companies.  Though Zayo Group as a whole will contribute to each group’s culture, the culture of the business units will diverge.  This is healthy and I encourage this.   This should be empowering, in that every employee should have a greater influence over the culture that is relevant to them.   I encourage each of you to exploit this empowerment by building on the positives and ferreting out the negatives.  If we all pitch in, we can make Zayo one of the best places to work in all of telecom.

Remember, at the end of the day, our job is to make a great return for our investors.     This is impossible if our customers aren’t enamored with the service we provide them—hence, a “customer first” attitude is entirely consistent with recognizing our responsibility to our shareholders.  Finally, and extremely importantly, employees are the key to satisfying both customers and investors.  For Zayo to excel, its employees must feel appreciated, respected, fairly compensated, accountable, and empowered.  Let’s use the launching of our employee feedback process to reflect on Zayo’s most valuable asset—its employees.

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