“We have a tendency to make assumptions about what might happen based on imperfect information and our natural ‘confirmation bias’. That is we look for data that confirms our beliefs, unconsciously dismissing anything that counters them.
We also tend to fall into the ‘narrative fallacy’ trap - building up a model or theory in our minds based on past events (which are static) and applying it ad infinitum to a dynamic process we call life. We help people access more information through structure, conversation and visualization, providing greater clarity, not only of what the individuals and teams want but also of how they think about what they want. We help them think more clearly and design a better future.” - Group Partners with a nod to Nassim Taleb.
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In this book, Saving the Corporate Soul, David Batstone identifies eight principles for creating and preserving integrity and profitability without selling out.
The book is clearly written in the aftermath of Enron and gives many useful examples, of his eight principles in action, or not!
In summary, the eight principles are:
Eight Principles for Saving the Corporate Soul
1. The directors and executives of a company will align their personal interests with the fate of stakeholders and in a responsible way to ensure the viability of the enterprise.
2. A company’s business operations will be transparent to shareholders, employees, and the public, and the executives will stand by the integrity of their decisions.
3. A company will think of itself as part of a community as well as a market.
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This is taken from an excellent book called Liberating the Corporate Soul by Richard Barrett.
Where does your organisation stand? It probably spans two or three levels.
1. Survival Consciousness
· The first need of an organisation is financial survival
· The danger is that by becoming entrenched in SC organisations develop a preoccupation with the bottom line
· This results in excessive control and territorial behaviour
· Takeovers to plunder assets rather than strategic alliance
· People and Earth as resources to be exploited
· Highest levels of fear at SC
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