Archive for March, 2009

The Australian Effect and other perceptive influencers

Aussie bikie gangs are causing trouble in Sydney. Hoons race around having accidents on public roads. The Wallabie’s are working on their game. Breakie is what you have to eat in the morning. … language …

F1 Practice (short video) The Formula 1 race yesterday delivered some interesting results and was a great event to attend in Melbourne. Jenson Button won the race after an amazing performance. Richard Branson’s luck in top form: he signed the Brawn team the day before, and they delivered the goods. Button earned more points in this race than all the races put together over the previous two years. There are over 500 groups on Facebook dedicated to F1 and related activity.

Check this word: Facebookemon
MARCH 23 2785 up, 4497 down
The term used for the collection of people, on your Facebook friends list, that you don’t actually talk to or know in real life. Related to popular tv program and game pokeamon, where the aim is to collect as many diffrent Pocket Monsters as possible.
Dave – “Hey, my friends collection is getting up to two hundred”
Steve – “How many do you really know? go admit it, most of them are Facebookemon”
John – “Gotta catch em all, gotta catch em all”
- from urbandictionary

All you can see are people on their notebooks catching up on their Facebook detail; what a sight. So, how many of those people in conversations are real? Do we care if all we need is to be connected and get feedback?

I had a great trip to Australia and am currently sitting in the Sydney airport after a strike was announced this morning. And, without any warning. There is no assistance in the airport and the ground staff don’t know what’s going on, so the flight is delayed for a while. I did see some “blue collar recruitment” people running around… Every now and then a voice comes over the microphone just saying “delays are to be expected” – and that’s it! Maybe someone on Facebook will know and I don’t care if I know them or not, does this make me a facebookemon?

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The London Effect and other perceptive influencers

Fear is universal. Fear of the unknown is universal. Fear does not know boundaries. Fear alters the behavior of humans. Humans are fearful. Humans are even more fearful when crowded together. And, even more fearful when crowded in physical-world hot-houses and virtual-world real-time based information over exposure. The current crises is really visible when you bounce between Johannesburg, Cape Town, London, Tel-Aviv, Dubai, Melbourne and Sydney in a few months are compare the emotional fear with the “real” numbers. I’ve been doing to much traveling lately.

This [era] is probably the trigger point for a new period in capitalism. The access to information in real-time is the platform that created the ability to innovate and adopt offerings and capabilities much faster than ever before. Our obsessive over-connectedness fuels a sense of being on top of things, that creates safety in trying to understand the unknown. Money (Check this by New Scientist) as a concept is now deeply imbedded in our social make-up and affects us emotionally more than ever.

Size and geographical security, as attributes of stability, are gone now. Having a “large” organization as an employer in some 1st world country does not guarantee anything (for those that believe that guarantees are worth anything). In actual fact it is more dangerous as the emotional stability that comes with believing that growth will continue indefinitely, is partially responsible for getting crowds to believe that there is safety in “numbers”.

In Capitalist World 1.0, the boss decided who got the bonus and what the amount needs to be based on financial performance. But, if your business received a “bailout” from the government and is now owned by the people, the boss has shifted to a new form of controlling body. Basically you do not decide anything, and if you do and it is not liked, the backlash will surely kill you. Look at AIG’s bonus payouts and the outcry it created globally.

Paradigms have shifted; and those who believe that they haven’t, wake up.

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Presentation: Emergence of Bank 2.0, Innovation in a new world

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Innovation is under scrutiny in the financial services world as global competitive pressures force organizations to rethink their business models and operating environments. Can financial services organizations benefit from innovation? How are the most successful companies using innovation to compete in this fast changing world? How can the incumbents participate in this new world of financial reconfiguration.

Bank 2.0 is a presentation about the new view of where financial services might end up. The cycles and waves of change are forcing the world to rethink the dogma of yesteryear.

This presentation covers some of the important aspects companies need to understand about the ways in which innovation is used to compete in dynamic markets. Some of the topics include:
- The meaning of innovation in the financial services organization. Is innovation responsible?
- A bruised landscape and faulty maps of execution. Useless strategies and broken crystal balls.
- Cycles of disruption and emergent paradigms. The contemporary role of “customer”.
- Social network phenomena and the relationship with financial services.
- Innovation Tools for a new age.

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