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10 Potential Alternatives To The Conventional Capitalist System

10 Potential Alternatives To The Conventional Capitalist System | Leadership | Scoop.it
Some believe our current system of economic organization is starting to fail us, but other than the horrors of Communist collectivism, what alternatives do

Via Ron McIntyre
Bay Jordan's insight:
There can be little doubt that the current economic systems are starting to fail. Communism is a bust flush with some ardent socialists seeking to promote it as a better alternative to the failed banking system. Capitalism on the other hand is rapidly reaching a point where it benefits only the very few, as witness the current political dissatisfaction which reveals the simmering anger at the increasing erosion of personal wealth and freedoms. Unfortunately, the only proposed solution here that offers any grounds for hope is the Islam banking model, but it certainly does not seem to have done much for the wider population where it is practised. It is certainly time to put our thinking caps on, but for any forward moment two basic principles need to be acknowledged.
1. The need to balance individual and collective needs. Ultimately this means find a balance between capitalist and socialist ideals.
2. That profit is a commercial and not an economic measure. There is nothing in nature that offers any realistic comparison to profit and in effect Newton's 3rd Law (I think) applies - the one that for every action there is an equal and opposite reaction. Our environmental challenges are nothing more than the consequence of false accounting and misaccrued profits.   
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Ron McIntyre's curator insight, March 6, 2:23 PM

It's time for some serious conversation about alternatives to capitalism. Are you ready to discuss?

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Top 100 Most Disruptive Companies in the World in 2017 - Disruptor Daily

Top 100 Most Disruptive Companies in the World in 2017 - Disruptor Daily | Leadership | Scoop.it
The world of technology is changing at super speed from biotech to artificial intelligence to computing and beyond. Of course, labs are still filled with awe-inspiring innovations that haven’t made it to consumers yet. Some of these include lab-grown meat, 2D microprocessors, and 3D printing robots that can print full buildings in a day.   …

Via Ron McIntyre
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Science fiction turning into Science fact! 
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Ron McIntyre's curator insight, June 26, 2017 5:45 AM

What do you think?

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The Meaning of Life in a World Without Work

The Meaning of Life in a World Without Work | Leadership | Scoop.it

As technology renders jobs obsolete, what will keep us busy? Sapiens author Yuval Noah Harari examines ‘the useless class’ and a new quest for purpose.


Via Kenneth Mikkelsen
Bay Jordan's insight:
This is profound stuff and definitely warrants further thinking and serious debate.

I don't think there is any question that a life without work will create major social and economic problems. I question, however, with equating work with meaning is appropriate. In essence work is currently an essential element in providing the means to live (which is why we call it a livelihood) and, yes, the work we do inevitably frames our concept of who we are. But does that ipso facto mean it gives us meaning? Only to the extent that it measures our contribution to our fellow humans, which is one of the integral elements of being human and a major factor in our survival. Thus suggesting that keeping "a useless class" occupied playing games can indefinitely replace that innate need, could be delusional. You need look no further than the disillusion and dissatisfaction manifest in global politics today to see this and the danger that blindly pursuing this road could present.        
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Kenneth Mikkelsen's curator insight, May 8, 2017 4:17 PM

The end of work will not necessarily mean the end of meaning, because meaning is generated by imagining rather than by working. Work is essential for meaning only according to some ideologies and lifestyles. 

 

Ron McIntyre's curator insight, May 8, 2017 8:12 PM

What are your thoughts?

 

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5 Ways to Grow Your Employees - People Development Network

5 Ways to Grow Your Employees - People Development Network | Leadership | Scoop.it
Once you’ve hired talented employees, it can feel like you’ve hit the jackpot. You then need to work out how to grow your employees.
Bay Jordan's insight:
Ironic that arguably the most important is only identified as number 5! Perhaps because it runs counter to the premise about development and the short-term outlook. Yet,I would think that ownership would provide greater incentive for development and that the two are inextricably linked. Wouldn't you? 
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How To Avoid Suffering from Future Shock | The Future of Work... unlimited

The recent passing of Alvin Toffler has led me to reflect more than usual on the challenge we still face of overcoming – or at least surviving – “Future Shock.” Toffler defined Future Shock (way back in 1970) as the
Bay Jordan's insight:
Definitely food for thought. I cannot help thinking that the "shock" of any future is a direct consequence of thinking too much about improved targets than improved service.   
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Bridging the Generation Gap: How to Get All Employees Working Together Effectively

Bridging the Generation Gap: How to Get All Employees Working Together Effectively | Leadership | Scoop.it
Getting employees to work together effectively can be a challenge. The better you can collaborate across generations, the more smoothly your firm will run.
Bay Jordan's insight:
It is not so much a generation thing as a people thing. Recognize and respect the fact that the people working for you are investing their lives in your organization and you will be less likely to go wrong. These are 4 steps in the process but not easily carried out if you have hundreds or thousands of people working for you. So you need to ensure that the mechanism are embedded in and support your goals and efforts. 
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Can we Train someone to become a Leader? If YES what is your experience and if NO why do we enroll them on Leadership Training?

Can we Train someone to become a Leader? If YES what is your experience and if NO why do we enroll them on Leadership Training? | Leadership | Scoop.it
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Bay Jordan's insight:
An interesting question and - as you will see from my comment - one that generally fails to recognize that leadership is contextual.  
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A Highly Engaged Workplace Culture: The Essential Elements

A Highly Engaged Workplace Culture: The Essential Elements | Leadership | Scoop.it
There’s a major disconnect with onboarding. Sixty-seven percent (67%) of HR professionals say they have a formal onboarding process compared with 13 percent (13%) of employees.
Bay Jordan's insight:
This onboarding statistic suggests that HR may be barking up the wrong tree in their efforts. There is a lot of good sense in the remedies proposed, but it can all be summed up by recognizing that people like to love and be loved. So the key is to ensure that people enjoy their work and feel (an emotional as much as an intellectual response) that it is valued.   
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A case study in transforming company culture - The Business Journals

A case study in transforming company culture - The Business Journals | Leadership | Scoop.it
In offering more schedule flexibility, iHire also offers a courageous example of how an organization can methodically build a culture of innovation.
Bay Jordan's insight:
A great example of how changing culture entails first identifying core values and getting buy-in to those. 
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Listening Is an Overlooked Leadership Tool

Listening Is an Overlooked Leadership Tool | Leadership | Scoop.it
Three suggestions to try this week.
Bay Jordan's insight:
An overlooked tool? Tragic - for it is the essence of leadership! After all, listening is a key way to ascertain what it is going on in the world around you. It doesn't just mean hearing your people when they talk to you. You will be far more inspiring when you demonstrate that you have you have your finger on the pulse.   
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The Future Belongs To Leaders Who Get Artificial Intelligence

The Future Belongs To Leaders Who Get Artificial Intelligence | Leadership | Scoop.it
6 steps to become 10 times smarter with Artificial Intelligence.
Bay Jordan's insight:
An extremely thought-provoking article. Perhaps we do ourselves a disservice by calling it "artificial intelligence." Isn't it more a case of "Enhanced Intelligence"? After all there still needs to be a purpose or need before undertaking the journey. 
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How shared leadership changes our relationships at work | Borderless for leaders

How shared leadership changes our relationships at work | Borderless for leaders | Leadership | Scoop.it
Consider the challenges of the 21st century enterprise: things change too fast for one individual to know how to best respond; there are many explanations for
Bay Jordan's insight:
An interesting illustration of how and why committing to something does not automatically mean it will happen. As ever it boils down to the dynamics of relationships. 

I am also left pondering the definition of shared leadership. It doesn't come across as the same as distributed leadership or self-management; in which case it could be a path you don't want to go down anyway. What do you think?.  
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Say Less, Ask More & Change the Way You Lead Forever

Say Less, Ask More & Change the Way You Lead Forever | Leadership | Scoop.it
If you want to be a good leader, learn to be a good coach. Michael Bungay Stanier shares how to develop the coaching habit to improve your leadership.
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Food for thought - and a call to action?
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The Five Characteristics Of Fear-Based Leaders

The Five Characteristics Of Fear-Based Leaders | Leadership | Scoop.it
You've probably heard the term "fear-based manager," but what does it mean -- and how can you spot a fear-based manager before you end up working for one? Liz Ryan explains!

Via Ron McIntyre
Bay Jordan's insight:
A couple of years old, but nevertheless an extremely relevant article today. Fear tends to paralyse thinking and is certainly constraining political and economic thought today. Just ask yourself, "How much of my decision making is shaped by fear?"  
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Ron McIntyre's curator insight, August 11, 2017 1:47 PM

This article is 2 years old yet we are seeing many manifestations in government as well as businesses today.

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The Science Behind What Really Drives Performance (It's Going to Surprise You)

The DDI report reveals a dire need for leaders with the skill of empathy. Only four out of 10 frontline leaders assessed in their massive study were proficient or strong on empathy.

Richard S. Wellins, senior vice president of DDI and one of the authors of the High-Resolution Leadership report, had this to say in a Forbes interview a year ago:

We feel [empathy] is in serious decline. More concerning, a study of college students by University of Michigan researchers showed a 34 percent to 48 percent decline in empathic skills over an eight-year period. These students are our future leaders!

We feel there are two reasons that account for this decline. Organizations have heaped more and more on the plates of leaders, forcing them to limit face-to-face conversations. Again, DDI research revealed that leaders spend more time managing than they do "interacting." They wish they could double their time spent interacting with others. The second reason falls squarely on the shoulders of technology, especially mobile smart devices. These devices have become the de rigueur for human interactions. Sherry Turkle, in her book, Reclaiming Conversation, calls them "sips of conversations."

Via David Hain
Bay Jordan's insight:
Really useful insights here for anyone who relies on others to deliver performance - which is most of us! 
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David Hain's curator insight, June 22, 2017 6:15 AM

The state of empathy in leadership - and it's not healthy!

Ivon Prefontaine, PhD's curator insight, June 22, 2017 4:05 PM
Empathy and emotional intelligence are essential to leading and performing. Central to these are face-to-face conversations with people and providing people with time for conversations, instead of relying on digital tools and social media. Sherry Turkle refers to those as "sips of conversation."
Ron McIntyre's curator insight, June 26, 2017 1:41 AM

We are human so empathy must be part of our leadership style or we are nothing but robots.

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How RAND Is Responding to Truth Decay: Q&A with Michael Rich and Jennifer Kavanagh | RAND

How RAND Is Responding to Truth Decay: Q&A with Michael Rich and Jennifer Kavanagh | RAND | Leadership | Scoop.it
RAND's Michael Rich and Jennifer Kavanagh explain what “truth decay” is and discuss how ongoing RAND research could help counter it.
Bay Jordan's insight:
This is a witty way to describe a very real danger. We can all play a part in preventing this by ensuring that we do not proliferate distribution without knowing the date and source. And, while we cannot always vouch for the source, we should desist from redistributing content where the credibility of the source is questionable. Unfortunately that may sometimes include government sources, and we need to play a role in ensuring that political sources are held accountable for every falsehood they publish.  
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You Don’t Need a Title to Be a Great Leader

You Don’t Need a Title to Be a Great Leader | Leadership | Scoop.it
If you can influence and have an impact on others, you're a leader.
Bay Jordan's insight:
No, you don't need a title to be a leader. And while the 7 characteristics identified here certainly help, I am not sure you need them all either. After all, Moses was a significant leader, but he didn't start out as a great communicator or with a great deal of courage. I would suggest that the imperative quality is integrity and that comes from a firm conviction in a specific purpose and the congruence of all your actions towards that purpose. 
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Why These 10 CEOs Are Considered the Best

Why These 10 CEOs Are Considered the Best | Leadership | Scoop.it
Every year, Glassdoor ranks the most popular CEOs as chosen by employees. Here, we take a look at what makes them great.
Bay Jordan's insight:
If people learn by example there should be lessons in this list. What do you get from it? 
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The reason millennials aren’t happy at work

The reason millennials aren’t happy at work | Leadership | Scoop.it
Much of the stress and anxiety reported by twentysomethings is caused by one thing, according to a study.
Bay Jordan's insight:
Another reason to make the workplace less competitive and more purpose driven. Such competition ultimately poses a threat to the organization itself. 
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How leaders can let go without losing control | Borderless for leaders

How leaders can let go without losing control | Borderless for leaders | Leadership | Scoop.it
Massive flocks of starlings, known as murmurations, exhibit a rare combination of speed and scale. The birds coordinate themselves with remarkable agility to
Bay Jordan's insight:
When you boil it down, it actually isn't about control at all. A great article that really makes the case for self-management and organisations that are more organic and less engineered. 
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McDonald's To Open 25,000 Robot-Run Restaurants By 2016 - News Examiner - Examine Your World

McDonald's To Open 25,000 Robot-Run Restaurants By 2016 - News Examiner - Examine Your World | Leadership | Scoop.it
Oak Brook, IL — After seeing a decline in earnings for the first time in nine years and battling workers who are demanding $15/hr, McDonald's plans to do something no other restaurant of its kind has ever done before; open thousands of stores run entirely by robots.
Bay Jordan's insight:
The dates in this article are somewhat confusing, and give me cause to question its veracity. Nevertheless, if it is true, it is profoundly disturbing. I don't know how much, after the initial novelty wears off, you would fancy being served by a robot, but this not only runs counter to the marketing adage people by from people; it threatens the market itself. If McDonald's cannot afford to pay its people, who does it think is going to buy its products?  Henry Ford's basic business lessons seem to have been completely forgotten.
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Change Leaders or Change Managers: It Depends on Your Focus

Change Leaders or Change Managers: It Depends on Your Focus | Leadership | Scoop.it
Allan was at his wits' end. The transformation team he was leading was in chaos. Their work was stalled, and their carefully crafted plan was in dange
Bay Jordan's insight:
This is an issue that will only go away when change stops being an organizational, top down, directive and is something embarked upon my all concerned as a result of a common purpose and a recognized need for the change.
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Leaderless, and Not: Holacracy in Human Resources

Leaderless, and Not: Holacracy in Human Resources | Leadership | Scoop.it
“Bureaucracy.” It’s a one-word response to many workplace frustrations. The top-down, hierarchical organization dates back to the industrial revolution. It was a method of organizing labor to more
Bay Jordan's insight:
Hierarchy or Holacracy HR needs to rise to people management challenges.  
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10 Principles of Strategic Leadership

10 Principles of Strategic Leadership | Leadership | Scoop.it
How to develop and retain leaders who can guide your organization through times of fundamental change.
Bay Jordan's insight:
A useful list. The question that intrigues me more, however, is why so many of "leaders" lack these skills. A leader, by definition, should have these skills. The fact that they don't suggests either that we have the wrong people as leaders or that they are being driven by the wrong forces. Worryingly that suggests creating the strategic leaders will require more than what is be offered here.   
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6 Ways to use Neuroscience to Improve Your Team and Business

6 Ways to use Neuroscience to Improve Your Team and Business | Leadership | Scoop.it
Neuroscience is the big buzzword flying around in business right now. It is a perplexing subject unless you're fully conversant with the terminology.
Bay Jordan's insight:
Some good brain food! 
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