This question posed in a discussion forum made us pause and think: "Bosses think their firms are caring and "values-driven." Their minions disagree. I think it's hard from top-down, policy-driven firms to switch to values-driven because even the values are enforced top-down and bosses who have never listened carefully to their employees don't suddenly start … Continue reading Corporate Culture
Risk has as one of its essential elements TRUST as a foundation. Trust on the other hand has many other factors that interplay and interact on it. Markets are created when there are needs that are not immediately met from you local environment and therefore scarcity exists. Market participants step in to fill this 'needs' … Continue reading Risk Management Ideas
We link today’s article to one of our main themes on our home page, namely the ‘Battle against the Status Quo’, or as per the title of this posting, ‘The Morass of Mediocrity’. The underlying intent and theme is that of competition and competitive behaviours and the difference between rules based and principles based … Continue reading The Morass of Mediocrity
The focus on sustainability and sustainable practices is a self defeating objective. Sustainability means that business leaders take their eye off the equity holder’s value creation ideal, as it flies in the face of self-interest as promoted by Adam Smith some 234 years ago (The Wealth of Nations , 1776). Self-interest and the pursuit therefore is being … Continue reading Sustainability I
Competition has to be guided, controlled and focussed. How do we manage this process and in addition attract talent to sustain organisations deep into the 21st Century?
We had some very rewarding conversations recently with business partners and peers regarding the Value of Synthesis versus Analysis. Synthesis we believe to be a ‘higher level’ skill and experience set than traditional analysis. Synthesis requires a natural ‘incubation period’. Very few people are natural ‘synthesists’. You grow and mature into a ‘natural Synthisist’. Analysts … Continue reading The Value of the Synthesist (as opposed to the Analyst)
Competitive versus Comparative advantage. What is the difference? Comparative advantage is attributed to David Ricardo and is an economic law which states that a market actor (individual, firm, region or country) has the ability to produce goods and services at a lower opportunity cost than another actor or market participant. This is a relative term as even if a market … Continue reading Where is our competitive advantage?
As CeBIT 2010 ended this series of articles will move forward from the baseline discussed do far. In the last article Part 4 we alluded to Risk and the positive Risk Management strategy of Value Based Principles. In order to conclude the next two steps into Value Creation Chain, we need to focus on ‘Value Management’ and … Continue reading The Trouble with Innovation – Part 5
Risk! This will be the main theme of this part of the series we are investigating. As highlighted in part 3 Risk Management and Sustainability are key factors to consider in unleashing Innovation and creativity in the organisation’s life cycle. However, in the word life-cycle we already have a clue as to the inevitability … Continue reading The trouble with Innovation – Part 4
In this part of our discussion regarding Innovation, we want to turn the focus to the UK market place and some unsung heroes, some tirelessly working in the trenches, others ‘fishing in the ocean of opportunity’ at the moment, not being ‘on assignment’. We are referring to Independent Consultants and Senior Interim Managers. How exactly … Continue reading The trouble with Innovation – Part 3
One of the comments we picked up on during the CeBIT 2010 fair was this: At around 80% of the exhibitor booths it is very difficult to figure out what the company does or sells. Now we might split hairs over the accuracy of the 80% estimate, but we want to focus on … Continue reading What do you do?
theMarketSoul decided to talk to some delegates and attendees at CeBIT 2010 with respect to the problem and challenges faced by Europe in particular, regarding Innovation. The statements made in the previous blog post did not go down well with the mixed German, Belgium and Italian (see The Trouble with Innovation - Part 1). … Continue reading The Trouble with Innovation – Part 2
Today we address one of the critical and key factors of production, it is a factor we have severely neglected addressing earlier in this forum. It is about Innovation. Speaking to a few delegates and attendees at CeBit 2010 we found that most people view Innovation as a key driver in advancement. Yet we have a big … Continue reading The trouble with Innovation – Part 1