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Blog

Time for Transformational / Transitional Visions

15 June 2020 by bill Leave a Comment

Getting to an ideal future state requires a new way of visioning.

Most private, public and civil society organizations create a longer term vision that guides their mission, their strategies, their business models and value propositions, people and actions.

There is a trend to limit the vision to perhaps three years at most, due to the amount of change occurring around us. Any business vision has a shelf life. There may be a much longer term higher-purpose that guides the shorter- term vision. Currently, you see the higher-purpose / vision connection with many larger organizations dealing with today’s local and global challenges. However, something is still missing. We need a different type of vision. A vision that recognizes a much longer-term picture of where we must be to deal with larger challenges (in most cases perceived as longer-term) , but also supports where we think we need to be in the shorter term based on managing within current situations.

An example in my world and many other parts of the world would be healthcare. It seems you can never invest enough in healthcare. Can consumers and providers of healthcare ever have enough money invested. When is enough, enough? Is there no upper limit? Is slowing the pace and eventually reducing the levels of investment real? Could that happen through efficiency and effective improvement (along with quality improvement)? Most if not everyone would say no. I don’t know the answer, however I believe that we do need to take a longer transformational / transitional perspective.

As in the case of healthcare we need a 20-30 year vision of what healthcare should look like. My feeling is that we must truly move towards preventive care versus our present reactive care approach. Preventative care must include physical, mental, emotional, spiritual, economic and environmental fitness. Prevention concepts, learning content, and interventions need to be integrated starting as early as possible so that a preventative healthcare mindset is part of our lives from day one and carried with us throughout our lives. Our healthcare, needs to become our responsibility, not the systems responsibility.

We still must have shorter term visions that guide us in achieving results required for the current and near future environment we exist in. However, we need accept that radical change is required and we need to make considerable progress on a longer term vision to an ideal future state while at the same time achieve towards the shorter term visions.

I propose we need a transformational/transitional approach to vision. We need much longer term, more radical visions of what we are really trying to accomplish. While at the same time we need to execute on our shorter-term vision. As an example, we need a vision of healthcare that could result in reduction or no increases in healthcare funding through a refocusing on preventive healthcare. Unfortunately, we tend to bury our heads in the sand and keep asking for more money or reducing services. Since we have a global mindset of short-termism we just try to survive the short-term and never really try to fix the real problems because real solutions require time and change of mindset. There would be many real world constraints on achieving the healthcare long-term vision identified above. .However we need to steal from the design thinking world and treat these constraints as “wonderful constraints” that guide innovative thinking in problem and solution development.

So what is a transformational/transitional approach to vision? A quick summary is:

  • we need a 10, 20, or 30 year vision (depending on challenges we are dealing with) for complex, big challenges.
  • we need ‘n’ interim visions (that get us to the longer-term vision)
  • we need current target vision for the next 1-2-3 years (that better positions us for subsequent vision and longer term vision goals and outcomes.
  • we need to know the linkages between these visions, the outcomes desired for each, budgeting
  • Visions need to be acted on through mission, strategies, goals and objectives
  • Progress towards each longer-term vision needs to be measured and managed.

As the Flourish Rebel I am experimenting with methods, outputs and tools to support the transformational/transitional approach to vision.

More to come.

Filed Under: Blog, Perspective & Mindset

The Power of Integrated Stakeholder, Multi Capital Types and New Value Model Perspectives

16 June 2020 by bill Leave a Comment

Applying these new perspectives to Vision, Decision Making and Action for flourishing and improved well-being.

For me the combination of integrated stakeholder view, capital types, and how they integrate with value creation and destruction provides a huge opportunity to broaden our thinking and actions on flourishing and ultimately improved well-being for all.

Integrated Stakeholder View

Integrated stakeholder view means no matter what our context (individual, team, enterprise, community…) our decisions and actions take into account understanding, participation, and impact of all stakeholders that can potentially be touch by our activities. The current stakeholder list I use is:

  • ourselves / individuals
  • groups / families / teams
  • clients
  • employees
  • suppliers and partners
  • owners and investors
  • community / towns / city
  • region
  • province / state
  • country
  • world / society
  • planet

The literature identifies the primary message of integrated stakeholder as a move away from shareholder capitalism to stakeholder capitalism. I hate adding the word capitalism to anything, so go with integrated stakeholder view.

Capital Types

For all of history we have only really cared about financial capital and built/manufactured capital, although we constantly make use of human, social and natural capital. Over the last 20-30 years we have dappled with understanding the contribution and impacts on other types of capital, including human, social/relational, and of course natural capital. We have not effectively valued and managed human, social and natural capital. That is all starting to change.

I have been involved with many individuals and groups developing the ideas of capital types and how to effectively use, value (get them on the balance sheet), and manage them. Most of the work on capital types has identified a set of five capital types. Some have introduced a few more but those additions can in most cases be integrated in the main five capital types. As an example intellectual capital is identified as an additional capital type. However, it could easily be grouped in with the primary five.

There has been many names associated with this capital type perspective. Multi-capitalism (There’s that “capitalism” word again!) is the currently trending term for this broader capital type view. The multi-capitalism concept is built on the backs of many researchers and practitioners of the past. I was first introduced to the five capital types by the work of Mark Anielski in what he called Genuine Wealth. As I mentioned the most recent terminology is Multi-capitalism coined by Martin Thomas and Mark McElroy. Other than the name the credit for the concepts behind it goes to many others. However, Martin Thomas and Mark McElroy have made significant contribution to the idea of MultiCapital Scorecard. More on that in another post.

Any decisions and actions need to consider the impacts on all capital types:

  • Financial / Economic Capital
  • Built / Constructed / Manufactured Capital
  • Human Capital
  • Social / Relational Capital
  • Natural Capital (Nature, Renewable/Non-renewal Resources, the Planet)

Value Perspective

For some reason value has primarily been associated with profit. Without getting into a lot of details now, the meaning of value has recently changed considerable. We are moving from an economic view to a social, environmental and economic view of value. We need to be celebrating and strengthening this new view of value. The world is going to be radically different when this new view of value understood and applied to everything we do.

Value needs to assess more from a positive and negative impact on capital types and how this contributes to flourishing and ultimately improved well-being for whatever the context (individual, group, enterprise, community… and the planet).

Applying to Vision, Decision-making and Action.

A new mindset to business and life needs to be developed that takes integrated stakeholder, multi-capitalism, and the broader view of value in guiding visioning, decision-making and action. Its actually quite simple to bring about. Always include all stakeholders, capital and value views in what we do. Understand value is co-created and co-destroyed, value and valuation is based on all capital types and the impact that any decision or action has on those capital types, and capital types can be impacted differently for each stakeholder involved directly or indirectly in the decision and actions.

More to come on this later.

Bill, The Flourish Rebel

Filed Under: Blog, Concepts, Methods and Tools, Flourishing Communities, Flourishing Countries, Flourishing Economy, Flourishing Enterprises, Flourishing Planet, Flourishing Regions / Zones, Flourishing Towns, Cities and Municipalities, Flourishing World, Perspective & Mindset

Radical Flourishing & Radical Transformation – Part 1

12 April 2020 by bill Leave a Comment

Idea in Progress!

A new social, environmental and economic operating model has been relatively quickly thrown upon us with the occurrence of COVID-19. I say relatively, because in reality we have been gradually driving to a new operating model due to various social, environmental and economic drivers (climate change, inequality, trust, greed and many more). An evolution that has become a revolution due to the anticipated outcomes on social and economic characteristics of the new world rapidly pushed forward due to COVID-19.

This post reflects on a need to focus on individual, group/team, enterprise, community, regional, national, global and planetary flourishing in a more radical way to deal with the new world order. This radical flourishing needs to be supported by approaches, methods, frameworks, practices and interventions that result in more radical transformations.

At the individual, group/team, enterprise, community, regional, national, global and planetary level we can apply more systematic and more systemic approaches to transformation (radical transformation) to move toward a defined target operating model that results in radical flourishing in these challenging times.

This post will explore and define:

  • Flourishing and Radical Flourishing
  • Transformation and Radical Transformation
  • Current and Target Operating Models
  • Radical Transformation actions/intervention roadmaps

All of these will be considered at the individual, group/team, enterprise, community, regional, national, global and planetary level.

More to come soon.

Bill Craig, The Flourish Rebel. Find out a little bit more about Bill here

Filed Under: Blog, Perspective & Mindset

From Knowledge Worker to Relationship Worker

2 July 2020 by bill Leave a Comment

Post in Progress!

I was going to start this post with “I’m starting to think the supremacy of the knowledge worker in business is being eclipsed by the relationship worker“. However as I started to write the post I realized it may not be big news!

The amount of knowledge work, the number of knowledge workers, and the rewards for knowledge work have increased substantial over the last three or four decades. It’s been a good ride for the knowledge worker and will probably continue to be for decades to come. The contribution of knowledge work in value creation is significant. However, more and more we are seeing what we think is a new kid on the block – the Relationship Worker and generating new levels of value through effectively managing and using social capital.

It may not be that the relationship worker is new, but rather just few in number. The successful people in business were usually the ones that were strong in relationships with knowledge workers and had the ability to make things happen. Perhaps we could also say to be a good knowledge worker you needed to be a reasonable good relationship worker. Quality knowledge products and outputs requires a good level of sharing and feedback. So there is a relationship worker within every knowledge worker.

It may be that the times and current challenges have created a need for many more people to come forward and shine as relationship worker. Success for almost everything in business is requiring building high quality connections with all types of enterprise stakeholders (clients, employees, suppliers/partners, competitors, community, owners/investors, all levels of government, and even the planet).

<< More to come soon!>>

Filed Under: Blog, Perspective & Mindset

Competitive Collaborative Advantage

3 July 2020 by bill Leave a Comment

Post in Progress!

I’ve always had in the back of mind that collaboration with potential or actual competitors was dangerous to my business. That thought has probably caused me and my companies more damage than good.

Current local, regional and global challenges require radical collaboration to achieve social, environmental and economic outcomes and impacts and ensure business agility, viability. Collaboration is a must. Is competition and competitive advantage a must? I believe it still is, but it is in a new form that we are just starting to determine and design. For now, I am labelling it competitive collaborative advantage.

<<More coming soon>>

Filed Under: Blog, Perspective & Mindset

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Random Quotes & Thoughts

"Previously there were only two basic principles of evolution—mutation and selection—where the former generates genetic diversity and the latter picks the individuals best suited to a given environment. We must now accept that cooperation is the third principle. From cooperation can emerge the constructive side of evolution, from genes to organisms to language and the extraordinarily complex social behaviors that underpin modern society."John Brockman
This Will Make You Smarter


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