Archive for July, 2008

Would your organization accomodate an outer-space organigram zap?

James Gardner has just been putting in his latest post the case for an increased ability by organizations to nurture disruptive innovations. I’m not sure I share James’ optimism, furthermore I don’t think that a renewed agile strategic process will do any difference in that regard.

This made me think of an intellectual experiment. What if we witnessed the appearance of alien ships equipped with a new arm aimed at our business organization? In the vein of a neutron bomb – that leaves intact the building but destroy any life forms within it – this weapon would be more lenient and able to keep the occupants, their brains and skills intact- to the exception of any recall of what was the former organigram and the functions attached to anyone.

My first question would be: what do you think would be the instant drop in capitalization of your company on the market place after such an attack? My second question would be: do you think it will ever be able to recover?

With that in mind, I believe that the market has shown an amazing capacity at creating this sort of organizational value by quickly assembling different skills readily available to build on an innovation. I see an extreme difficulty in reshaping most organizations beyond acceptable adjustments.

We can take the Google and Microsoft example as a yardstick. I think that , if we were to investigate the composition of the two employees population, we should find statiscally a very comparable pool of talents, age distribution and so one. Nevertheless, I think that Microsoft’s pecking order makes excessively unlikely that they will ever be able to compete with Google on their turf.

If you are still sceptical in the leeway that the market has and that organizations have not: Can you imagine an organization accepting to replace most of their 50-something senior management staff by 30-something guys? This is what the market is putting ex nihilo in place regularly. Whenever a 40-something has acceded by chance to the upper position of a venerable organization, he/she has never tried to rejunevate the executive populations and usually stay on the chair for the next 20 years aggravating the excutive age problem all along.

BarCampBank London was great!

Last Saturday happened the first BarCampBank London. I shared earlier my excitement of participating to this first English BarCampBank and I must say that I’ve not been disapointed. BCBL was just great!

First we had an interesting mix of participants with

Second, the different workshops were really great and covered diverse subjects like biometrics in fi-services, innovation and regulation, near money, open banking,.. This all showed that the European ecosystem in financial services is currently full of vibrance.

I disclosed earlier the different projects I’m working on. At BCBL, I had the opportunity to expose in more details the piece about FundCamp FinTech. From the reactions to the discussion and because of the general atmosphere during this BarCampBank, I feel that we should definitely move forward. Anyone interested in this intiative, please do not hesitate to contact me.