Showing posts with label USA. Show all posts
Showing posts with label USA. Show all posts

Monday, 9 November 2020

"I'M OUT!"

Dragon’s Den and The Bidding Room are TV programmes where these words are heard.  People who displease their peers are “ghosted” or “cancelled”. Rejection is sadly part of our culture now.

Still, it was a surprise when a friend who’s always been engaged in events and current thinking sent an e-mail saying he’d had enough … so no more USA, land of lost souls and close to Civil War (again) – no more Guardian (the paper which just tells you what’s wrong with the world) - no more FT (the paper that always knows best) – no more Boris and “the schoolboys round him” – no more Twitter, WhatsApp, Facebook – no more Nigel Farage (oh no, not him again surely?). In short, he’s “out”. Like Leslie Bricusse’s and Anthony Newley’s musical he’s declared “Stop the world – I want to get off.”


I sympathise even empathise but I won’t accept that things are so awful that they cannot be lived with any more. 

The biggest threat to the UK economy is this retirement malaise leading to a collective sense of unproductive despair. The continued furlough makes things worse because many people can afford (just) to carry on not working. After a year of being in semi-retirement getting the car out of the garage and expecting it to start first time (let alone start at all) may be rather harder than the government hopes for. 

My suspicion has always been (and this has intensified) that the opportunities now are enormous. Opportunities to restructure radically, to relaunch, to be enterprising and free from the shackles of a treadmill clinging on to withering businesses, to break away from terrible management practices (private equity, hang your heads in shame), look for growth potential  and, finally, put your foot on the optimism accelerator and floor it.

I’m in. Otherwise I might as well be dead.

But not yet. Not yet. 

We need to give our politicians a kicking – all of them – because their lack of resolution and constant looking over their shoulder at what the Mail, Express or Guardian is going to write the next day or what trends on social media leads to sloppy thinking and bad decisions or no decisions at all.

We need to start planning for a new future not a back-to-normal. It’s winter and gardeners throughout the world are pruning, removing old plants, replenishing the soil and planning for the future. They are thinking, researching and are full of hope. Let’s think like gardeners not like MBAs.

And we need to think of new strategies. The Financial Times asked the right question of what a post Brexit Britain might look like. Professor Ian Angell wrote in his prophetic book, ‘The New Barbarian Manifesto’, 20 years ago, about a new kind of Britain which broke free of the Union and became a Singapore solely within the M25, in GDP per capita, a world beating entity. The Financial Times considered this concept more recently.  Venice even after they lost their unique benefit of being the only gateway to Asia when the Portuguese discovered a sea-route there, continued with a population of under 200, 000 creating wealth and success for two centuries until they became addicts of hedonism and went potty. 

We need to keep our brightest and best on side playing their best game. At worst our politicians and governments last only a few years. We, who believe in ourselves and our potential last much longer than they do.

Be in. And if I hear anymore of this “out” nonsense I’ll get cross.


Monday, 6 August 2018

WHAT A STRANGE WORD 'GOOD' IS

Ask a young person how they are and chances are they’ll say ‘good’ which means ‘fine’ or ‘OK’. It doesn’t mean terrific. Generally good means something more rounded than ‘winning’ or the overused ‘brilliant’.  Years ago I was talking to the CEO of Unipart, John Egan, about the success of his company and the generally poor state of British Industry. ’Why was this?’ I asked. John’s reply was instructive.


“Too few people know what good is” he said and that has got me thinking ever since. To be good at anything the performance has to be seen in the context of other good things; you have to be measured against global competitors. That’s why the Olympics and World Cup are so important. It’s no longer sufficient to be good enough just for Bolton or Brighton.


At this point I’d like to introduce you to Simon Anholt who’s worked, he says, with numerous Heads of State and Heads of Government, helping their countries to engage more productively and imaginatively with the international community. It’s what he says about good that I like. Using a huge database he researches globally what becomes a kind of ethical-performance league table called “The Good Country Index.” His thesis is the more you’re respected the better you’ll do. The more you give the more you get. Good may be measured by the extent to which people say “the world would be a worse place without X”…. or “X makes our world a better place” or “X is a role model to the rest of us.”

In 2014 Ireland came first on the back of economic revival when mere survival had seemed unlikely and en route, unlike Iceland who unilaterally wrote off their debt, paid theirs off.

Last year the top countries were:

  • Netherlands
  • Switzerland
  • Denmark
  • Finland
  • Germany
  • Sweden
  • Ireland
  • UK


USA came 25th and is daily getting worse I imagine given its current attitude to collaboration and selflessness.  Here’s Simon’s analysis of what’s wrong with the world.

“Things seem to be getting worse all the time: climate change, terrorism, pandemics, migration, economic chaos… the list goes on. All these problems have grown too big and too complex for any individual nation to solve. But instead of collaborating, nations spend all their energy and resources competing against each other. This has to change if we want to make the world work. This is why the Good Country Index exists.”

It’s curious that everything he sensibly prescribes like union, sharing and looking outwards for inspiration are what all good companies are doing nowadays and what nearly all nation states eschew.


America in particular is a strange case right now. What was once the leader of the world and role model to anyone with ambition is now behaving like a rogue state. American films featuring Gregory Peck and John Wayne – both good guys – have changed to Tarantino horrors instead. Pity. We need a good America.


Monday, 28 February 2011

THE HELICOPTER WORLD OF MONETISATION

The occasion: The London Business School Summit on Technology and Media 25/02/11
The speaker: Dr. Bobby Rao, ex Vodafone Marketing Director, now founding partner in Hermes Venture Partners.

We’ve all had that moment. One of sheer unbridled hatred of the cleverest boy in the school. Who gets all the prizes; who gets all the girls. That’s Bobby. The coolest and most suave presenter I’ve seen.

  1. We are living in the midst of a game where we are all asking “where’s the ball?” Because there’s been a collision of three markets: the internet; media; consumer electronics - between them worth $3 trillion.  And the legs of each has been kicked away.
  2. Historically media has thrived on scarcity – now through digitisation, high speed Broadband and the low price of storage, scarcity is over.
  3. You can fight scarcity by focusing on live events. Or you can go for quality (iPad and iPhone). Or you can monetise the new usage occasions there are.
  4. But recognise this is a new personal market meaning advertisers must really understand individual people. So who has got the best information? That’s why Facebook is valued at c. $70 billion.
  5. Yes that’s what Bobby used to see what was going on in Egypt via live video in Tahrir Square as it happened. BBC didn’t have a chance against what they now call “pro-sumers” (producers and consumers.)
  6. To monetise all this  we must charge people in the right way and the right amount. It’s not about how many eyeballs any more it’s about whose eyeballs and what’s going on behind those eyeballs.
  7. Yet marketers - an “avoid-failure”, in-transit-between-jobs bunch - are conservative and lagging behind the changes that have happened already.
  8. And of course we are living in the middle of a valuation bubble (what was later described by James Bromley CEO of Mail Online as descending from the “peak of inflated expectation” phase into the “trough of disillusionment”).
  9. But be aware that this $3 billion game will not be played on the small market Euro stage (let alone the tiny market UK stage.) It’ll be played out between Asia and the USA.
  10. It’s about customer knowledge, customer experience and a scale of population big enough to pay for the weaponry the big guys need. It’s a good time to be a customer and a spectator watching them - Apple, Amazon, Google, Microsoft, Samsung, Omnicom and WPP. But remember - no one knows where the ball is yet.

Thank you LBS.

I’m off to look for that ball.