June 23, 2022

The Skills GapThe Skills Gap

douglas rushkoff Learning skills gap archive.pf.business
June 18, 2022

The Four Day Work Week - Is New Zealand Being Left Behind?

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You can read the article here.

It’s not really a question as to whether New Zealand is being left behind. I think there are many countries facing this challenge … but the question is what is the challenge?

I ask because I believe that there is a massive conflation of this as people make their arguments..

Does a 4 day week mean

  • Working 40 hours in 4 days

OR are we really talking about reducing the number of hours of a standard week to 32 hours?

If the latter we are essentially awarding people a 20% increase in their wage/salary… really? From businesses who argue that they can’t afford a 2 Percent increase in salaries?

If it is the former … what’s the big deal? It isn’t that hard to reschedule the teams .. and the benefits to the staff … priceless!

Imagine cutting out 20% of these rides every week!

This is an easy commute - try it during rush ‘hour’!This is an easy commute - try it during rush ‘hour’!

4 day work week Work archive.pf.business
May 22, 2022

physical presence - generated by craiyonphysical presence - generated by craiyon

Netflix to pay $59M to settle a tax dispute in Italy, where prosecutors claimed cables and servers used by Netflix amounted to a physical presence in the country.

If you are wondering why I put this under the ‘Work’ category - it is because I think there is a court fight waiting to happen as to where work happens.

The thinking behind this case will be funneled into the new case.

netflix remote work Work archive.pf.business
May 11, 2022

The Future of Personalization

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Don’t get too excited - it’s a McKinsey paper. 

The future of personalization - and how to get ready for it.

  • Physical spaces will be ‘digitized’
  • Empathy will scale
  • Brands will use ecosystems to personalize journeys end-to-end

… wait - what?

“Empathy will scale.”

You can’t make this stuff up. Talk about buzzword compliance!

Then - when I was looking for a suitable image to use for this post … I came across this doozy from Sitecorp.

Content is empathy at scale.

Good Grief!

Language McKinsey Sitecorp archive.pf.business
May 11, 2022

If You Don’t Add Value - Why Are You There?

DougRushkoffDougRushkoff

It is telling that someone like Doug Rushkoff can write these words;

Only individuals who create value for the company are awarded new stock proportionate to their contributions.

Douglas Rushkoff

… without questioning the principle.

The corollary is of course that there are people that work inside a company that don’t add value, which for yours truly is of course like a ‘red rag to a bull’ - because as the title of this post suggests, if you are employed by a company and not adding value to that company - then why are you there?

Stakeholder capitalism (apparently) ‘solves’ the problem.

‘Stakeholder capitalism’ is the buzzword du jour for business practices that strive to achieve more than profits and a high stock price. 

McKinsey

If you want to read more - you can:

Putting stakeholder capitalism into practice.

To be fair, the idea of ‘Stakeholder Capitalism’ has been around for several decades, although who actually coined the term is up for debate, with names including Klaus Schwab (Founder and Executive Chairman of the World Economic Forum), Peter Drucker and Tom Peters.

Still wondering? This is not a bad primer.

So yes - it is not a new idea - it’s just that as the world’s conversation is moving into fairness and equality, as we see a (kind of) resurgence of Unions and as ‘capitalists’ are pushed into the corner of ‘defending their position’ … the term is emerging and arguably being positioned as the logical next step for a ‘sustainable economy’.

I wrote about this over three years ago when I shared a Ted Talk from Nick Hanauer. Today, that video has had over 5 million views. At the point of ‘first discovery’, I had not heard of Nick - but as I pointed out, the principles of what he was talking about are engrained in People First thinking.

Today, you can hear the same language when people talk about DAOs in the world of ‘Web3’ and quite a few other places.

But then many steps before ‘Stakeholder Capitalism’, there was something called ‘The Cooperative Movement’ which got its start in 1844 in Rochdale a small town in Lancashire, England.

So far, I have not read anything that clearly articulates the distinction between Stakeholder Capitalism and Cooperatives and which and why each might be better or worse than the other. Sometimes I wonder if ‘cooperative’ is too ‘radical’ in this world - so we keep inventing new words to describe the same thing.

I have always liked the New Values/Old Values - New Power/Old Power model originally developed by Jeremy Heimans and Henry Timms nearly ten years ago.

So, picking on a random target company like Uber, which despite hanging its hat on ‘the sharing economy’ is actually 💯 an ‘old thinking’ capitalist company.

Now consider a company called ATX Coop Taxi - a cooperative taxi service based in Austin that has been around for over 5 years. NO - they aren’t as well known - but their service is a ‘cooperative’.

The question is why hasn’t it taken off?

That is for another time.

douglas rushkoff Henry Timms Jeremy heimans Nick Hanauer People First Stakeholder Capitalism archive.pf.business
May 11, 2022

photo-1518141949770-b22df85270cfphoto-1518141949770-b22df85270cf

Decentralized identity startup Spruce wants to help users control their sign-in data.

Chang sees “sign-in with Ethereum” and Kepler as the two main products Spruce plans to develop using the new funding, he said. “Sign-in with Ethereum,” in particular, is likely to be a catalyst for Spruce’s growth, he added.

Music to my ears …

Identity archive.pf.business
May 3, 2022

The Marketoonist Nails Data Protection

Munch - The ScreamMunch - The Scream

Walled Gardens

GDPR Compliance

Relevant Advertising

Zero Party Data, First-Party Data, Second-Party Data and Third-Party Data

Data gdpr marketoonist tome fishburne archive.pf.business
April 25, 2022

A Different Take On Ikigai

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Spotted here.

Funny.

humour ikigai Value weblink archive.pf.business
April 22, 2022

Finally!!

Really happy to report that the redesign here at People First is done. More to come, but first spending a little time cleaning up some a lot of the older posts.

People First archive.pf.business
April 3, 2022

The Coup We Are Not Talking About

ShoshanaZuboff.jpgShoshanaZuboff.jpg

Shoshana Zuboff calls this development The Coup We Are Not Talking About. The subhead of that essay makes the choice clear: We can have democracy, or we can have a surveillance society, but we cannot have both. Her book, The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power, gave us a name for what we’re up against. A bestseller, it is now published in twenty-six languages. But our collective oblivity is also massive.

💬 Doc Searls (my emphasis)

Hear her speak

Data doc searls Shoshana Zuboff archive.pf.business