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Archives for April 2009

10 Common Mistakes In Developing an Enterprise Culture

April 27, 2009 by admin

Many projects designed to stimulate an enterprise culture fall foul of one or more of the following:

  1. they focus too much on the individual and not enough on the enterprising ecosystem – failing to address social context – instead trying to help individuals to ‘overcome the odds’
  2. believing that the reasons for low levels of enterprise are because we have not provided the right building – commissioning the latest interpretation of the ‘catalytic space’ – hoping that if we build it they will come
  3. failing to educate and engage other stakeholders and agencies involved in community development about the role of enterprise in economic and social development.  Helping them to see that this is about education and the development of human potential
  4. focusing on persuasion rather than education – using ‘carrots and sticks’ to drive people towards enterprise – rather than helping them to clarify their own self interest and then developing their power to realise it
  5. pretending that enterprise is a good thing – instead of portraying it in a balanced way as a double edged sword – a powerful vehicle for life that can crash horribly or take you on a wonderful journey
  6. skimming communities for those with most developed ‘enterprise potential’ and helping them take the last few steps – instead of helping those who have not explored their enterprise potential take the first few steps – ‘Have you got a great business idea?’
  7. designing interventions around 121, 12-several and 12 many interventions – instead of around word of mouth and other network effects – failing to train gatekeepers to act as educators and enthusiastic referrers
  8. designing services that are policy led (designed to achieve specific policy goals) rather than client centred – designed to help clients to become more enterprising in their own terms
  9. starting from where we want to start rather than from where clients are
  10. failing to recognise that strong, long term relationships are critical to building the trust and support necessary to enable people to take more enterprising actions – and a bonus number 11
  11. failing to build teams capable of starting sustainable growth oriented business – instead pandering to the myth of the lone entrepreneur bravely riding the range.

Any that I have missed?

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Filed Under: enterprise, entrepreneurship, management Tagged With: community, community development, community engagement, development, enterprise, entrepreneurship, evaluation, management, operations, policy, professional development, social capital, strategy, training

Educating the Next Wave of Entrepreneurs

April 26, 2009 by admin

This is a new report from the World Economic Forum.

Download it here.

Filed Under: entrepreneurship Tagged With: enterprise, entrepreneurship, policy, strategy, training

What Can We Learn From The Apprentice?

April 25, 2009 by admin

This is the title of a piece in a LinkedIn conversation.  Here is my perspective:

I think we need to be careful about what we learn from The Apprentice and other reality shows in the ‘business genre’.

‘Cost control’ is paramount in some organisations and in really simple tasks that only have to work in the very short term.  Keep costs low and con your way to a victory.  As long as you can keep finding new ‘marks’ you will be ok.  In the real world, appropriate investment and tolerance of ‘failure’ in the right market experiments is vital if you are looking to encourage creativity and innovation.

We could learn from The Apprentice that lying, backstabbing and cheating work.  As does staying off the radar for as long as possible.  All great tactics for having an ‘OK’ career in a traditional bureaucracy, but not what I would recommend to many of my clients who are interested in exploring their potential though and doing ‘good’ work.

Why do so many bureaucracies still reward such behaviour?  Because they are too scared of sacrificing the short term gains that they achieve in order to build long term value.  Managers often lack the courage, or do not know how, to do what is right.  I meet this situation OFTEN – especially in sales teams!  I also meet a lot of sales trainers who train this type of approach!  In fact I have seen highly successful teams that specifically recruit to this mode and just cull the worst performers every year.  It works a treat to shift units.  The costs in distorted and broken lives are externalised – so who cares….

What we can learn from The Apprentice depends very much on what we are trying to do and what ideas, models and values we use to frame it with.

My worry is that for anyone who has not been involved in ‘business’ they just learn that we are lying, cheating, money grabbing, backstabbing, environment wrecking, delusional dummies.  That business is about snake oil salesmen and the short term pursuit of cash and profit over any other value.

For aspiring ‘business people’ who just want material rewards as quickly as possible I think it legitimises a completely inappropriate set of behaviours that we should be sniffing out and eliminating.

For many managers it leaves them questioning whether they should maintain their faith in working with good, compassionate caring individuals – or whether they too should recruit from The Apprentice mould.

More perspectives inspired by the Apprentice:

Tre really is on another level

Management, Dragons and Apprentices

Filed Under: Leadership, management Tagged With: Culture, culture, Leadership, learning, management, practical, Values

Rise and Fall

April 23, 2009 by admin

I am sad to hear that the Rise Catalyst Centre in Seacroft, Leeds, that was only opened in November last year is closing.  Instead of an investment producing entrepreneurs it will  now be used to train bricklayers and similar trades.

I have nothing against bricklayers, but genuine entrepreneurship is needed to help communities to grow in modern economies.  It is in large part an over-reliance on employment in blue collar industry that has held communities like Seacroft back.

Seacroft residents interested in enterprise will now have to meet their advisers at Seacroft library rather  than in a wonderful purpose built facility. 

However, putting the advisers where the community already meet makes a lot of sense, saves a lot of money and was always the right thing to do.  We have to take our work to the community and not expect, that just because we have built great facilities, that the community will come to us.

Filed Under: enterprise, entrepreneurship Tagged With: community, community development, community engagement, enterprise, entrepreneurship

Worlds Most Wicked Problems – Or Just Great Questions

April 23, 2009 by admin

2008 Survey of Wicked Problems

  1. Balancing long-term goals with short-term demands
  2. Predicting returns on innovative concepts
  3. Innovating at the increasing speed of change
  4. Winning the war for world-class talent
  5. Combining profitability with social responsibility
  6. Protecting margins in a commoditizing industry
  7. Multiplying success by collaborating across silos
  8. Finding unclaimed yet profitable market space
  9. Addressing the challenge of eco-sustainability
  10. Aligning strategy with customer experience

Survey sponsored by Neutron and Stanford University. See the Business Week article: “Neutron and Stanford’s Survey of Wicked Problems”

Filed Under: entrepreneurship Tagged With: enterprise, entrepreneurship, management, strategy

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