Showing posts with label economic theory. Show all posts
Showing posts with label economic theory. Show all posts

Thursday, September 01, 2011

Want more engagement in your workplace? Try the water cooler.

Socializing and socialism are two words that don’t get enough respect. Managers who are under the gun to produce more efficiencies and revenues per worker have limited tolerance for too much informal socializing. Governments faced with too little revenue and huge deficits often see “red” with anything approaching so-called socialism as it brings up negative images of “the welfare state”, laziness, entitlement and most importantly --- high costs. The gyrating economic environment doesn’t help.


But can’t we have it both ways, at least in the work environment? Let’s call it “work hard” and “play hard”.

Evolutionary biologists are absolutely certain about one aspect of survival: we need each other to adapt and thrive in uncertain times. It means interacting in messy, informal ways to share tools, tips and re-energize. It means keeping an eye on the “needs” of individuals in order to generate group prosperity.

Darwin’s “survival of the fittest” is ultimately about group success although you wouldn’t know it from today’s reality TV shows. They prefer the entertainment value of pitting individuals against each other. But, such shows have limited application in today’s more complex and highly volatile environment. Bottom line: if we connect and share more, our chance of survival and economic success goes up not down. Talking helps.

So, back to the water cooler. It’s a simple social place. Yet powerful. It’s a smart managerial tool to achieve cost reductions and revenue ideas. Water coolers and the like keep the information flowing feeding into the creative and innovations streams. They help off-set health and productivity issues from the emotional toll when people don’t feel supported at work.

The leaders of Google, Apple, Zappos, Steelcase and other dynamic "go to" organizations know this.





Tuesday, September 30, 2008

Democracy in Action: Rallying Around the Environment and Other Issues That Really Matter Like Financial Security

These are interesting and exciting times for democracy. Pure-bred capitalism has shown its ugly side. Main Street Canada and America are showing signs of revolt. The spirit of involvement in our collective destiny is gaining momentum, particularly in the United States and judging by media commentary, also in Canada. Perhaps the chasm in values between those who govern and those being governed will finally be bridged.

Economists of the John Maynard Keynes persuasion must be thinking “I told you so” while America’s House of Representatives struggles to stabilize a financial mess brought on by too little oversight by yours truly. In Canada, yearly polling by Ekos shows that “competitiveness” and “minimal government” ranked 1st and 3rd for the political and economic elite but 20th and 22nd by the general public. “Virtually all of the government roles related to equality, social justice, collective rights, full employment and regulation were low on the elite’s preference list and high on the general public’s.”

These results suggest that Main Street Canada is open to government providing some smart steering to address problems that the market or "trickle down economics" cannot fix. The jury is still out on the sentiments of the public in the United States. When the chaos is over, like a death in the family, there will be a re-thinking of values. Going back to the lifestyle that was will not be an option.

For an example of democracy in action in Canada, check out http://www.voteforenvironment.ca/. The website is only three days old and is humming with activity

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