CXO NEWS | Monthly Update for Senior Executives From The Stevie® Awards THE STEVIES
October 3, 2007 Stevie® Awards Homepage Back Issues Email the Editors
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IN THIS ISSUE
   
Q&A With Lawrence Hunt, CEO of Silverjet
The Face Behind Free Teleconferencing
Management Blogs & Sites of Note
Calendar of Events for Executives
Q&A WITH LAWRENCE HUNT, CEO OF SILVERJET
   

Lawrence HuntLawrence Hunt is CEO of Silverjet, the exclusively business class airline serving New York, London, and (from November) Dubai.  Silverjet was a sponsor of The 2007American Business Awards.

What book are you currently reading?
I’m not a great believer in business books, but one I’ve been coming back to again and again is Maverick: The Success Story Behind the World's Most Unusual WorkplaceAmazon Link by the Brazilian businessman Ricardo Semler. His handling of human resources was ingenious—and transformed his family business, SEMCO, into a multi-billion-dollar business empire. I find this book an inspiration.

On the fiction side, I must suffer from ADD because I lose interest quickly in most books, but right now I’m reading Jay McInerney’s Bright Lights, Big CityAmazon Link, which is perfect for me because it’s short!

What was the last movie you saw, and would you recommend it?
I love the movies and have seen the British movie Hot Fuzz three times.  It’s very funny, with very English humor.

What is your favorite sport or hobby?
Sailing is my favorite sport and pastime.  It’s great for just relaxing. I used to race competitively when I was a student, and would do so again if I had the time.

Who is your favorite historical figure?
That would be my great grandfather, William Foyle, the founder of Foyles bookshop in London.  When he left school he sold off his old schoolbooks from a wheelbarrow in the Charing Cross Road.  He ended up running one of the finest bookstores in the world.  He also helped other book sellers on Charing Cross Road to keep their operations going, because he recognized that keeping them all in one area was good for the book business.

Who is your favorite living person?
Michael O’Leary, who runs the low-fare European airline RyanAir.  He has to be one of the greatest entrepreneurs in aviation, and he has done an amazing job with RyanAir.

If you could choose another profession, what would it be?
Maybe a journalist as a profession; but if I could choose to do something I really loved, it would have to be sailing.

What do you think is the worst bad habit to have at work?
My pet peeve is emails that just say “thanks,” or even worse, “thx.”  I’d say half the emails I receive needn’t have been sent.  So please, no more useless emails!

What quality or qualities do you most value in your business associates?
Hard work.  I never undervalue people who really work hard.  And come to work with a sense of humor, or else!

Is there anything you'd like to improve about your own work practices?
The biggest challenge I face day-to-day is to keep the message consistent. This is a fast-paced business where you talk to a lot of people every day and where decisions have to be made quickly.  So remembering everything I’ve said from one day to the next is the challenge.  Thank heavens for my Blackberry!

As someone at the top of your profession, what keeps you inspired or makes you hit the ground running in the morning?
Quite simply: fear of failure.  This very basic emotion is what drives most of us.  I know someone who started their own business and became successful simply because the thought of having to go back to living with his mother was too awful. (Not me, I love you, Mum!)  Quite simply, while it may be something of a cliché, you shouldn’t run a business unless you’ve got that fire in your belly.
 
What do you consider has been your greatest achievement in business?
I’ve built up six companies, got them solvent, and come out on top.

What advice or useful tip would you give to someone who is just starting out in business?
There’s no one thing; there are hundreds of things to be aware of when starting up.  Don’t think there is any secret, magic business bullet that will help you to succeed. You simply have to strive to get everything right.

About Lawrence Hunt
Lawrence Hunt is the chief executive officer and founder of Silverjet Aviation Limited, the British exclusively business class airline.

Involved with start-up businesses since 1984, Hunt has held a number of posts at various global companies. At Novell, a US technology business which listed on NASDAQ in 1987, he was the distribution and product manager; at BMS, a technology consulting partnership sold to Cap Gemini in 1992, Hunt held the position of head of sales and marketing; he was sales and marketing director of Database Management Sciences Limited, sold to IBM in 1993; he founded Rapid Travel Solutions Limited, sold to Telewest Communications plc in 2003; and at lowcosttravelgroup.com Limited, Hunt currently holds the post of non-executive director.

Hunt’s inspiration for Silverjet came from his own unsatisfactory experiences traveling business class, paying extortionate prices for very poor service. He felt that the traditional model of business passengers paying higher rates in order to subsidize the cheaper economy seats was nonsensical, and that a business-class-only service, based on the single carriage model of low-cost carriers, was a viable business idea. Through Hunt’s strategic insights and drive Silverjet was able to launch in just 8 months following its successful IPO on the London Stock Market (SIL.L). Innovative ideas such as a separate ladies’ bathroom on board, private terminal, 30-minute check-in and boarding, and carbon neutral status, enable Silverjet to set itself apart from its competitors and offer customers a truly different experience.

Silverjet has won a number of industry awards including the 2007 Environmentally Aware Airline award from the Institute of Transport Management, Condé Nast Traveller’s inaugural Design and Innovation award for Aviation, and Travolution’s Best Airline Website award.

About Silverjet
Silverjet is a British airline with a highly talented management team drawn from industry executives with decades of experience running some of the world’s best airlines. A Public Company listed on the London Stock
Exchange, Silverjet aims to become the global market leader in exclusively business class “luxury” long-haul air travel. Learning from the success of low-cost carriers, Silverjet operates a small fleet of 767s in a one-class configuration. Not having to subsidize economy passengers means Silverjet can pass on substantial savings to its customers.

Silverjet employs highly experienced pilots, cabin, and ground crew, delivering the highest safety and engineering standards under a licence from the British Civil Aviation Authority. Silverjet currently flies between London and New York and will start services to Dubai in November 2007. For more information go to www.flysilverjet.com.

THE FACE BEHIND FREE TELECONFERENCING
   

David EricksonDavid Erickson, founder and CEO of Free Conferencing Corporation of America, won a Stevie Award for Best Executive in the 2007 American Business Awards.  We look at the vision and strategic initiatives behind his successful company.

David Erickson gives new meaning to the phrase “chronic entrepreneurialism.” With more than a decade of telecommunications experience and an unparalleled market vision, he designed and implemented FreeConferenceCall.com from the ground up, including the current network infrastructure that offers conferencing facilities in twelve cities across the United States and in ten European countries.

At the same time, Erickson has instilled a strong sense of commitment throughout the organization by creating long-standing, value-based client and employee relationships. “It has been a true honor to be recognized for such a prestigious award as The Stevies,” said Erickson “but I share this accolade with the entire company as a total team effort in helping our global customers reap all the benefits of our conferencing solutions.”

A Telecom Industry Thought Leader
Unlike other competitive offerings from paid and non-paid audio conferencing services, FreeConferenceCall.com’s pioneering all-digital network is built on voice routers versus analog-based conference bridges that can be prone to static and other noise. Says Erickson: "Our mission is to redefine the one-to-many communications industry by providing high quality features, excellent customer service, and the best pricing models available."

As a telecom industry thought leader, Erickson forged relationships with local carriers to deliver a powerful PSTN (public switched telephone network). The PSTN is the concentration of the world's public circuit-switched telephone networks, and FreeConferenceCall.com uses it to deliver unparalleled, high-quality audio conferencing services. Originally a network of fixed-line analog telephone systems, the PSTN is now almost entirely digital—and includes mobile as well as fixed telephones. 

New Hassle-free Services
In 2006 the company unveiled several new services that provide customers with a multitude of options for their conferencing needs, including SimpleVoiceBox 2.0, the industry’s first free unlimited-length voice mailbox system; and the industry’s first free conference-recording service, which can be utilized for free unlimited dial-in playback, file download, web streaming, RSS, and Podcast conversion. In addition, the company announced the launch of SimpleVoiceCenter 2.0 (free voice-messaging system), SimpleEvent (supporting up to 1,000 participants on a single conference call), and an International Teleconferencing Service available in ten countries in Europe. David Erickson’s no-nonsense approach to conferencing has removed the hassles created by other providers.

An Essential Tool for Non Profit Organizations
FreeConferenceCall.com’s no-reservation system has opened the doors to new users, easily enabling them to optimize its services.  Among these, several non-profit organizations have benefited.

The Kidney Cancer Association (KCA) selected FreeConferenceCall.com as its primary conferencing service of record two years ago. Headquartered in Chicago, IL, KCA consists of 30,000 people throughout North America, the European Union, and 100 nations globally. It is a charitable organization made up of patients, family members, physicians, researchers, and other health professionals. It funds, promotes, and collaborates on research projects with the National Cancer Institute, the American Society for Clinical Oncology, the American Urologic Association, and other institutions. Additionally, KCA educates families and physicians and serves as an advocate on behalf of patients at state and federal levels.

Conference calling plays a pivotal role as an invaluable forum to share information related to this debilitating disease. “We hold conference calls with groups of patients throughout the world in need of medical information in a highly collaborative environment,” said William P. Bro, KCA’s chief executive officer. “In addition, we hold similar calls with medical advisory board members and our own board of directors.”

Before selecting FreeConferenceCall.com, KCA consumed up to 8,000 minutes per month on an array of paid conferencing services that caused a monetary drain. The charity required a cost-effective conferencing service, and this led KCA to select FreeConferenceCall.com as its conferencing provider in 2005. Since then, KCA has saved thousands of dollars annually—money that can now be applied to its core mission of education outreach, direct mail, and funding of research related to kidney cancer.

Bro has recently started using other FreeConferenceCall.com services such as free conference recording. Said Bro: “We are now taking conference recordings, converting them to Podcasts, and making them available on our website for members unable to attend a call.”

The Salvation Army has also selected FreeConferenceCall.com as its primary conferencing service. Over 31 million Americans receive assistance from The Salvation Army each year through an array of social services that range from providing food for the hungry, relief for disaster victims, assistance for the disabled, outreach to the elderly and ill, clothing and shelter to the homeless, and opportunities for underprivileged children.

“Audio conferencing plays an important part in the coordination of our business efforts, so we needed a solution that was scalable and easy to use,” stated Clarence White, chief information officer for The Salvation Army’s US Western Territory. “A ‘must-have’ of the selected solution was its capability to support conference calls with as few as three people on a call, as well as ones involving hundreds of individuals.”
 
“The Salvation Army is a large organization that requires an enterprise-level implementation of our free conference call service,” added David Erickson. “Through the FreeConferenceCall Enterprise Edition, we are able to provide them with their own custom phone number that is unique to the organization, as well as individual conference dial-in numbers and access codes for each employee.”

Additional features such as the free conference recording and playback functionality help Salvation Army employees significantly.   Says White: “If an employee is traveling, he or she can simply download the recording to a PC and retrieve it with the click of a mouse.”
 
Since deploying FreeConferenceCall.com in May 2006, The Salvation Army has recognized numerous benefits, the most important being cost savings. According to White, the company is saving significant amounts on conference calls—sometimes up to $10,000 in a given month.

Helping the Legal Industry
Free Conferencing Corporation helps many law firms save time, money and resources. With collaborative communications playing a pivotal role for attorneys, Free Conferencing Corp. has consistently provided these legal eagles with a trusted and reliable audio-conferencing platform to conduct business.

“We rely upon audio conferencing as a vital communications tool for our firm—specifically our field sales force,” explained Steven Bratcher, regional vice president of marketing for Pre-Paid Legal Services, Inc. “With FreeConferenceCall.com, we have increased our use of audio conferencing ten-fold. Comparing this to our previous provider … our annual conferencing costs would top $50,000 per year. With FreeConferenceCall.com, this number is now zero.”

“Law firms are perfect consumers of our service since much of their business focuses on tele-collaboration—at any given moment of the day,” stated Erickson.  Additional services provide users with the ability to play back important meetings and conference calls. Many law firms utilize free conference recording for sales meetings, training and leadership development, and mentoring programs. It provides an interactive platform to communicate a message and give employees the opportunity to listen to it at a more convenient time.

So What Makes It Viable?
By sending users to specific switches, FreeConferenceCall.com drives traffic to underutilized telephone company networks and receives a small marketing fee for creating that traffic.  The real “free” here is the use of FreeConferenceCall.com’s all-digital conferencing equipment.  Essentially, FreeConferenceCall.com provides its customers with the free lunch—they just need to get to the restaurant.  Additionally, the company now serves over five million users monthly, and many of those users utilize other FreeConferenceCall.com pay-for-use services.

FreeConferenceCall.com has built a series of value-added telecom services around this model, and with the pervasiveness of "virtually free" calling plans associated with traditional-, Internet (VoIP)-, and cell-phone-based calling plans, the cost of making long-distance calls to these switches is minimal. It is a misconception that, in order to conduct a teleconference, you need to have an expensive phone system to host and manage it, or sign up to costly "per drink" services.  FreeConferenceCall.com offers the best of both worlds: quality connections and an easy-to-use Web interface and reporting, free of charge.

About David Erickson
David Erickson is founder and CEO of Free Conferencing Corporation of America, the leading provider of free collaborative communications solutions.
Prior to founding FreeConferenceCall.com in 2001, Mr. Erickson owned and operated over a dozen emerging companies within the construction, financial services, and technology sectors.   He served as president of ThePacketCenter.com from 1998 to 2006, where he and two engineers from Bell Labs developed and marketed a firewall-friendly version of Microsoft’s NetMeeting. In 1995, Mr. Erickson began a three-year stint as president and founder of vDesk Corporation, where he created a call transfer and switching system for Voice Video and Data over the ISDN network.  At vDesk, he was responsible for operations in the USA, the United Kingdom, and Holland.

Erickson is married with two children and resides in Long Beach, CA, He enjoys surfing the California coast, duck hunting, and traveling abroad.  Erickson is also a community activist with his support of “Children with Homeless Mothers” in his hometown.

About Free Conferencing Corporation of America©
Free Conferencing Corporation of America, with headquarters in Long Beach, California, is the industry pioneer and leading provider of free collaborative-communications solutions. With more than five million users per month and more joining daily, the company’s FreeConferenceCall.com flagship solution offers a high-quality, reservation-less conferencing service that is extremely easy to use. More than 100 Fortune 500 companies are presently optimizing FreeConferenceCall.com, including public sector agencies. Unlike other competitive offerings from paid and non-paid audio-conferencing services, FreeConferenceCall.com’s pioneering all-digital network is built on voice routers versus analog-based conference bridges that can be prone to static and other noise. FreeConferenceCall.com uses the PSTN (public switched telephone network) to deliver unparalleled, high-quality audio conferencing.  For more information, visit www.freeconferencecall.com or call 877.482.5838.

MANAGEMENT BLOGS & SITES OF NOTE
   

Blogs, or web logs, are all the rage these days. Each month in this space we'll point you to several blogs that we think might be of interest to you.

Fast Lane : The official General Motors blog, with their views on the US motor industry, strikes, etc.
Digital Rules/The Blog : Online comments from Rich Karlgaard, publisher of Forbes.
Innovative on Purpose : Blogs, newsletters, surveys on innovation from marketer Jeffrey Phillips.
The New York Times : Now entirely free, including fascinating early archives from 1851 when the paper first started.

CALENDAR OF EVENTS FOR EXECUTIVES
   
Events of Interest to Senior Managers
October 5 : Last day late entries will be accepted for 4th annual Stevie Awards for Women in Business , Las Vegas, Nevada
October 15: First early-bird entry deadline for 6th annual American Business Awards
November 1 : Final entry deadline for 2nd annual Selling Power Sales Excellence Awards , Las Vegas, Nevada
November 12: Awards ceremony of 4th annual Stevie Awards for Women in Business, Caesar's Palace, Las Vegas, Nevada
December 6 : Awards ceremony of 2nd annual Selling Power Sales Excellence Awards , Las Vegas, Nevada