VUCAN DRIVERS – PARADIGMS Old Norm New Norm Static paradigms Shifting paradigms Static world VUCA world Sequential time COVID time We are all ‘normals’ We are all ‘VUCANs’ Local environmental degradation Global warming Human evolution Human extinction (on a bad day) Incremental tech Disruptive tech Brick/mortar shrinkage Online retail expansion Situational anxiety Systemic …
This element of the 7P’s framework deals with Paradigms. Paradigms focus on the COVID disruptive shifts in government, companies, professions and people. Joel Barker in Paradigms: The Business of Discovering the Future defined a paradigm as: … “set of rules and regulations (written or unwritten) that does two things: 1. It establishes or defines boundaries; and …
The greatest discovery of my generation is that a human being can alter his life by altering his attitude. – William James, writer So, you’ve spent your valuable time reading Working It. Great! But, what are you going to do about it. What are your next steps? There is no roadmap for what the …
There is one question that all companies that outsource ask? Wonder what question? Read on … The thinking for outsourcing goes something like this. We are in the business of making widgets so why should we spend our time focusing on running our own telephone company, information technology department, or training organization. The company wants …
There are no German or US companies, only successful ones. – The Wall Street Journal The world is flat and spiky. We are a global economy. We are highly interconnected. There are fewer US companies. There are more global companies. This fundamentally changes how global managers perceive the U.S. market. Senior managers in many …
All organizations do change when put under sufficient pressure. This pressure must be either external to the organization or the result of very strong leadership. – Bruce Henderson, CEO Boston Consulting Group To prosper, all companies are searching for the next killer product or idea. There’s simply not enough products in the pipeline to …
There is no finish line. Nike Corporation motto One of the striking consequences of the Wall Street financial debacle is that the companies that we work for as employees or contractors will have to become more competitive. In the last recession, many companies gave this lip service. OK, they said we’re going to be competitive …
The NY Times headlined a piece a few years ago: “End of Banking as We Know It.” Great lead! Gretchen Morgenson said: “The money business as we have come to know it over the last two decades – with its lush salaries, big-swinging risk-takers, and ultrathin capital cushions – is a goner. Got that? Toast. …
Paradigm: Provides us a language, a common set of assumptions, and a common set of expectations of what may occur in the future. Joel Barker Creative destruction results in new paradigms such as our recent financial meltdown. The Wall Street financial catastrophe in engineering language is called a singularity or a Black Swan risk event …
The Wall Street meltdown is an extreme example of economic creative destruction. The challenge is this once in a generation event is now occurring frequently and in almost all businesses, professions, and jobs. Think about it! Your employer with tens or even hundreds of thousands of people may not exist in 15 years. Moreover, this …