Philip Sheldrake

Tag: michael porter (page 1 of 1)

2 January 2014 / 5 Comments

Stowe Boyd’s manifesto and The People’s Front

The People's Front

Stowe Boyd recently published "A Manifesto For A Third Way Of Work" (although the title will change). The manifesto forms the basis of the book Stowe plans to write throughout 2014, crystallizing the perspectives and insight he has forged and assembled over the years. And if you've read Attenzi – a social business story then you'll know Stowe and I think alike on many matters.

[Update 20th March 2014: the title changed to A Manifesto For A New Way of Work.]

Here are the major theses, and I have identified with an asterisk the four I have chosen to argue below.

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Dissensus (versus Consensus)

— active and directed dissent is a better way to counter the cognitive biases of groups and individuals, and to sidestep groupthink; essential to increased innovation and creativity truly driving business

Cooperative (versus Collaborative)

— sidesteps the politics and collectivism of consensus-based decision-making, and shifts to looser, laissez-faire cooperative work patterns

Creativity (versus Tradition)

— new solutions to problems are needed, and traditional approaches may not only be broken but dangerous

Autonomy (versus Heteronomy)

— paradoxically, as we come into a time when we acknowledge that we are more connected to each other than ever before, a great degree of autonomy will become the norm; old demands to subordinate all personal interests to those of the collective will be displaced by a personal re-engagement in our own work and a commitment to a deeper work culture that transcends any one company’s corporate culture Read more

18 March 2011 / 2 Comments

Money

Let's talk about money.

Michael Porter describes strategy as defining and attending to those activities at which an organisation must excel in order to create a sustainable difference in the marketplace, and thereby create sustained value for its shareholders (or sustainable value in the case of non-profits).

Once you've articulated why your organisation exists (the mission), and what you want it to be (the vision), the strategy describes the what, who, how, when and where needed to pursue the vision, and specifically how these differ from the competition. How these help beat your competition.

However, as hard as strategy formulation is, the really hard part is putting it into action. The Balanced Scorecard Institute finds that 70% of organisations with a strategy simply fail to execute it. And this becomes the more obvious the further away from the sale / the product / the service you get; the more you get into the intangible assets pivotal to your success.

Marketing and PR are intangible assets. They are intangible investments. We all know that the right mix of the panoply of marketing and PR activities is essential to organisational success – to the successful definition of organisational strategy and its execution – but too often we're not quite sure how so. This is most apparent when, particularly in harder times, marketing and PR are considered cost centres first and foremost, and cost centres that can be cut. Read more