What to do if Collaborative Economy Marketplaces Are Disrupting Your Business


Where, oh where are the would-be future leaders in Financial Services? That isn’t those that are ‘struggling’ with decisions surrounding options 1 – 4, rather it is those who are looking at 5 & (particularly) 6 as a means of building sustainable resilience into their own model and sharing these properties with stakeholders, i.e. recognising the interconnected nature of business ecosystems. Read more of this post

Need to build [or restore] customer trust?:: Corporations must join the Collaborative Economy


JO has nicely summarised what I have (unknowingly, in the beginning) been mapping-out in my mind as a viable alternative to the unsustainable model(s) adopted by the insurance industry and wider Financial Services industry. All I need now is to identify the ‘risk leaders’ of tomorrow. If that sounds like you, please get in touch.Adopt the Collaborative Economy Value Chain

Right now, customers are sharing media and ideas on social technologies, in the near future, they’ll use similar technologies to share products and services, which will cause a ripple of impacts far more disruptive than what we’ve seen before.

[The Collaborative Economy is an economic model where ownership and access are shared between people, startups, and corporations]

Report: Corporations must join the Collaborative Economy | Web Strategy by Jeremiah Owyang | Social Media, Web Marketing.

Social Business structure: 100% complex


Over the last few years I have learned a great deal about the evolution of Social Media courtesy of Jeremiah Owyang, latterly of Altimeter Group. If he is interested to learn about the enabling properties and dangers of the complexity of digital inter-connectedness I would be glad to return the complement!

In the meantime I will stick to highlighting his work and using it to communicate the message that every system has a threshold of complexity the point of “critical complexity” and that the numerousness of the connections, in whichever “formation” illustrated below or in some other permutation, cannot grow without limit.

Here re some more Complexity Facts from Ontonix.

SO, to attain, retain and sustain a return on in vestment into “Social Business” requires much more than the innovative social tools and techniques from, such as, Jeremiah, Charlene, their colleagues and counterparts across the Globe.

…maybe one day Quantitative Complexity Management will be as “sexy” as Social Media!!?    

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Transparency and transformation:: Being Open Without Giving Away the Store


If you aren’t already aware of Alimeter Group, Charlene Li or Joseph Owyang it may already say all that needs said about your social media strategy!

Whether you dismiss social media as a fad or are waiting for the right time to consider or  implement an SM strategy is, to a certain extent, irrelevant because THE ISSUE is the…understandable…public clamour for TRANSPARENCY.

It is a word that strikes fear into the very heart of institutions so, if Warren Buffett knows anything (and I reckon he does!), there is a HUGE opportunity for those who can afford transparency to “get greedy”.

“What’s often missing when leaders try to decide how open they should be is a coherent open strategy, something I call ‘open-driven objectives.’ With an open strategy, decision shifts from if you should be open—because social technology demands a certain amount of openness—to how open you need to be to accomplish your overall strategic goals. In today’s world, organizations and their leaders must be open or suffer the consequences—distrust, leaks, resentment, and institutional sclerosis.”

via Change This – Being Open Without Giving Away the Store: The Secret Is a Sandbox Covenant.

The term “sandbox covenants” is a new one on me. I get it and I like it! Then again I am a fan of transparency. Primarily because of the number of firms to whom the concept is entirely alien and which, if they are delivering value to their customers, they should be in a position to adopt a strategy with wider market appeal. Of course there are also firms whose model cannot afford transparency and others whose outward appearance belies financial frailty. There are too many examples of collapsed companies whose financial standing has been independently rated &/or certified based upon “unreliable” or outdated information.

Put another way, the need is for more than a common language and platform. In turbulent economic times there  is a need for a reliable,  quantitative, objective and cost effective means of verifying the CURRENT financial credentials of “interested parties” without disclosing sensitive information.

Ontonix Complexity analysis and rating services offer, not only a “common language” but the means to build trust through mutual transparency.

Is YOUR business

Find out  ON-LINE! !cid_part2_01060409_08020107@ontonix