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Attention Economy: Understanding the New Currency of Business

Thomas H. Davenport

Attention Economy: Understanding the New Currency of Business Cover
Rating
5.5/10
Difficulty
Dense
Read time
8 hours
Best in
Kindle

272 pagesRead July 7, 2013

Before readingWhy I picked it up

With more awareness, you will be able to realize the barrage of distractions around you, which can help you become more focused. In a business sense, the battle is on to get the customers attention, and I was interested in learning how I could use the knowledge from this book to better defend my attention. I would also like to apply some of these learnings about the attention economy more responsibly when I start a company of my own one day.

After readingPosted

In Attention Economy, the authors make the case that attention is a resource that needs to be more actively managed. Attention is defined as the focused mental engagement on a particular item of information. The book looks at ways for companies to manage attention internally and with their customers and partners. They also reveal a spectrum of attention and group them into the six units of attention currency: Aversive-Attractive, Captive-Voluntary, Back-of-mind-Front-of-mind. The book contains a number of anecdotes that don't add too much and feels like fluff, although they may add a better narrative for you.

Three reasons to read it

  1. Learn how to better manage your attention
  2. How Marketers and other business professionals can better get customers attention
  3. How business leaders can better focus their efforts and guide their employees attention

Notes for this book are still being transcribed.