Gain the competitive edge by learning from natural rules


I already knew that Giles was a bright guy (I wish I could say I have already read his book!) and that we are on a very similar wavelength BUT, if you have read any of my past blogs you will recognise a familiar message in the following extract. I know that the Executive Leadership Group with whom I have been working to form ‘Resilient Communities Network’ [RCN], AIBC & TBORI-UK have heard it all before from me but it can do no harm for them and others to hear it from another…

Akin to living systems
To succeed in business we must be agile, creative, alert, spontaneous and responsive – often operating in completely new ways. Today’s rapidly changing business environment calls for businesses that thrive in rapidly changing environments: businesses more akin to living systems. Read more of this post

Synchronization versus collaboration:: uncertainty v risk


The Lorenz attractor displays chaotic behavior...

The Lorenz attractor displays chaotic behaviour. These two plots demonstrate sensitive dependence on initial conditions within the region of phase space occupied by the attractor. (Photo credit: Wikipedia)

We don’t need an understanding of  ‘Chaos Theory’ to know about the “Butterfly Effect”, nor do we need a medical qualification to grasp that (hitherto) unseen flaws in human DNA can have life-changing consequences for individuals.

In business terms, those of us who are concerned enough with ‘risk’ to look beyond what conventional “wisdom” tells us, KNOW that in the Digital Age of networks of inter-connected systems and sub-systems, apparently minor errors can have a MAJOR effect:

HILP – high impact, low probability events

Power Laws [fat tail] NOT Gaussian [thin tail]

Beyond probability…to the possible and plausible.

Yet, still, risk carriers, such as banks and insurers, think and rate in terms of “old world”.

It is gone. Past. An era that will not return and the problems that are being stored-up, because they fail to embrace the facts, CANNOT be funded by informed customers!

Production did not drive our lives in the old world, but the complexity of the new societies is turning our lives into gears of a big machine. Thinking that human life has the only aim of being productive for the society is the first error of any organizational system. Engineers design the pieces of a machine in order to be manufactured with a certain level of precision that provides a good performance; however, human organizations cannot design the behaviour of the people with the required precision…

via Synchronization versus collaboration.