Up towards the Knowledge Economy

Interesting presentation, suggesting out standard business school fare really got it's genetic makeup from the 19th century industrial revolution, and is fast becoming obsolete. Evidently something is stirring, and people are waking up when even a Harvard Business School professor, is pointing out how disastrously traditional business school fare is rooted still in the 19th century industrial model and irrelevant to the task, and even more so when Business Week takes notice, being the business magazine that unfailingly notices trends after they're over, and it's too late to do anything about them.



The ideas in this video also suggest the context in which Consent Management would thrive, as in fact it reflects much stronger focus on serving all stakeholders, and structuring itself around the business mission and vision and the very process itself as the central given of the organization. Process thinking, systems thinking are where it's at, and the whole traditional corporate model, and stock market capitalism is an impediment to the knowledge economy of the future, because its merits lie in the large scale industrialization of the 19th century, and are irrelevant to the coming knowledge economy.

The whole creative destruction and VC model of business, is an approach that boils down to throwing so much mud against the wall and seeing what sticks, combined with a casino mentality of risk diversification that makes the best of your bets against the house, and ignores that you can't win. The very purposive model created by consent management creates companies which are self-learning and adaptive, organized around their purpose. They are not organized around the things they make, but around the purpose they serve. They will evolve from the abstract to the concrete, and focus on the solution set which derives directly from their business purpose. It's the embodiment of Deming's thinking, and of sustainability. Creative destruction has its place, as does manure, but we could do with a whole lot less than what the traditional business model produces.

Copyright (c) 2009, Rogier F. van Vlissingen