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francispisani

Yunus Centre :: 'Social Business': Nobel Peace Prize Winner Muhammad Yunus Promotes New... - 0 views

  • Not quite a for-profit company nor a nonprofit philanthropy institution, a social business is a hybrid in which owners recoup their investment but take no more in dividends. The goal is not to get rich but to provide health care, housing, clean water, nutrition for malnourished children, renewable energy and other goods "in a business way." Yunus said the business model is aimed at "creating a new space without closing down the other sides."
francispisani

CSR is dead, long live social enterprise | Social enterprise network | Guardian Profess... - 0 views

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    The explosion in popularity of social enterprises recently is a direct consequence of the inability of existing companies to grasp the new reality that a company's core purpose must be to deliver positive social impact and not to simply minimise negative impacts while ultimately focusing on maximising profit in the short-term. As esteemed Professor at Harvard Business School, Michael E Porter wrote corporations must "create economic value in a way that also creates value for society by addressing its needs and challenges".
francispisani

Thinking about curation in the enterprise - confused of calcutta - 0 views

  • Content may be considered king, but distribution has always been the hand that rocked that particular cradle and ruled that throne.
  • curation. The SOP of curation, to paraphrase Rosenbaum, is Selection Organisation and Presentation. Curation is about human beings adding their passion to the filtering process, in order to select what should be experienced, put the selections into some cohesive order and then to make those selections accessible to the relevant audience.
  • Esther Dyson, whose writings about the future of search have been at the back of my mind all through my thinking about this. In Curation Nation, Esther quotes Bill Gates as saying (at a private dinner) “The future of search is verbs”. She then goes on to explain that “when people search…they are looking for action, not information….they want to find something in order to do something”. If you get the chance, you should read Esther’s writings on the future of search, just google it. In fact there may still be a YouTube video summarising her views
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  • Information flows in the enterprise should always enhance the ability of participants to do the right thing in the right place at the right time. Which lets me segue neatly into the crux of this post, curation in the enterprise. Every enterprise has its own variant of curator, people who help decide who sees what, when, and in what shape. Information overload is everywhere, the Shirkyian filter failure is everywhere, and into the valley ride the usual six hundred, theirs not to reason why. So in order to understand how enterprise curation should take place, it’s worth looking at some extreme forms of enterprise curation as practises today. There appear to be four main forms: The Signal Booster The Spreadsheet Jock The Soulmate The Sidler
  • The Signal Booster obtains power by PowerPoint, thinks in bullet points, rarely knows more than what’s on the slide. Acts as a mediation layer between those that do and those that decide.
  • The Spreadsheet Jock believes there’s safety in numbers, that firms can be managed by algorithmic trading. Runs the risk of past-predicting-the-future
  • The Soulmate is a crony of the powers-that-be, using that association to derive second-order power, and has an unusual effect: an inadvertent tendency to ensure that anything the CEO doesn’t want to hear doesn’t make it to the CEO.
  • The Sidler is a rare beast, someone who can only thrive in the rarefied environment of “briefing” cultures. They are often seen alongside the CEO, whispering in their ears, advising and commenting on the status of things they aren’t involved in. Sidlers are chameleons, sometimes boosting signals, sometimes driving spreadsheets, sometimes being soul mates. But always sidling.
  • All these are extreme forms of enterprise curator, responsible for deciding what information is accessible, to whom, when, and in what shape.
  • And all these are fundamentally inefficient models of curation in the enterprise,
  • Linus’s Law (“given enough eyeballs, all bugs are shallow”) plays out very well in any community that is built to scale. So every staff member is empowered to solve problems. Every trading partner. Every customer.
  • In large hierarchical organisations, some form of summarising and filtering takes place in all information flows, from top to bottom as well as from bottom to top.
  • A web rather than a chain, the social enterprise is somewhere where everything and everyone is a node on the network.
  • Everyone’s not just a curator… Everyone’s not just a designer… Everyone tries out products and services, and provides active feedback.
  • This ability for two-way communication means that conversations take place without any loss of detail. The need for summarising is reduced, since the cost of hanging on to the detail is low.
  • Drilling into the detail was historically complex for reasons other than just the cost of doing so, or for that matter the distance expressed as the number of levels in the organisation, the divisional silos, and so on. We had the added complexity of security systems that did not differentiate between systems of engagement and systems of record, and as a consequence didn’t know how to handle entitlement safely and securely. Good social enterprise implementations solve that elegantly.
  • It’s not enough to have access to the information, that still doesn’t solve the overload problem. So we need access to expertise.
  • Find the people that are acknowledged rather than asserted experts, experts because of what they do rather than who they are.
  • As we move from the Hit Culture to the Long Tail of problem solving, we need more and more experts, “long tail experts”
  • The promise of the social enterprise is a remarkable promise.
  • Networked non hierarchical models. Involving everyone: staff, partners, customers. Two-way communications. Easy access to domain expertise. In an environment where aggregation takes place without any loss of accuracy or of the source data, where you can “follow an order or a complaint, safely, securely, efficiently, effectively”.
  • I’ve come to realise that the Social Enterprise is to traditional software what Skype is to traditional telephony, what Paypal and Square are to traditional payments. Quick and effective. Riding over the top of existing infrastructural investments. Focused on simplifying the customer experience, eradicating traditional frictions, reducing the distance between the customer and the firm. Engaging with the customer rather than with the back office.
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