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A Matter Of Trust March 13, 2009

Posted by Sunil Malhotra in Companies of the future, Global Economy, Innovation, Innovation 101, Leadership Innovation, Sustainable Innovation, Thought leadership, Wisdom of the leaders.
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Arun Maira’s dissection of the current economic world state and a clear message to focus on sustainable strategies based on ethical values.

Like Arjun on the battlefield at Kurukshetra who asked Krishna a moral question, not advice on how to fight the battle, business leaders fighting the recession must also ask what they must change in their approach to business to regain society’s trust if they want more freedom in future. Therefore, corporate boards should introspect from time to time about the values that guide their decisions.

via TOP ARTICLE | A Matter Of Trust-Editorial-Opinion-The Times of India.

Creating Heart Capital – KnowledgeBoard January 28, 2009

Posted by Sunil Malhotra in Companies of the future, Culture, Entrepreneurship, Heart Capital©, Innovation, Leadership, Sustainable Innovation, Thought leadership, Wisdom of the leaders.
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3 comments

When I coined the phrase “Heart Capital” a few years ago, I didn’t recognise it’s prophetic undertones. Here’s a link to the stimulating discussion we had half a decade ago.  And for those who might want to read my article, here’s the pdf.

The ideas and views regain relevance with today’s ‘communities’ on the collaborative web. (2.0)

Here’s John Moore’s comment on the article I wrote in 2003.

“I love these lines in particular :

To humanise is to recognise that technology cannot replace the charm of personal contact. To humanise is to disrupt current business thinking and methods. To humanise is to add emotion. To humanise is to add fun to work and work systems.

I think the discussion about emotional environment is important; a lot of money goes into trying to create great physical spaces for work (and that’s no bad thing) but the manners and subleties of human contact deserve equal attention.

I would add that as well as being fun, the creation of real “heart capital” requires taking risks and being vulnerable. Acknowledging our true feelings feels risky in many enviroments; yet in my experience it is often a touchstone for deeper and more satisfying human engagement.”

via Creating Heart Capital – KnowledgeBoard.

Thanks John!

Here’s another excerpt from the article.  :-

It is time now, to create heart capital. An exchange of feelings, emotions and culture to foster knowledge creation and sharing.

- An asset for individual growth and organizational excellence.
- A tool for sharpening the competitive edge.
- A culture for human enrichment.
- A plan to protect and propagate our common heritage.

Let’s ask ourselves some questions.
Is it [not] necessary [for us] to create a new lexicon of corporate nomenclature if we want to change
traditional thinking?

For example, HR is traditionally responsible for all people issues in an organization. Does this mean that other departments do not need to care about people? Is there something about the nomenclature “HR” that needs repairing? When dealing with materials, the word “resource” is probably appropriate. But Human Resource?? I thought resources were for people to use, so how appropriate is it to think of human beings as resources?

The entire business terminology needs a revamp. Human Resources should become Corporate Citizenship, Research & Development should become Knowledge Innovation, and so on. The focus is clearly shifting from efficiency to effectiveness, from sentiment to passion, from profit to value and from performance to the emotional well being of the user.

Comments and critiques welcome.

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Sustainable Corruption January 8, 2009

Posted by Sunil Malhotra in Business, Corruption, Culture, General, Leadership, Sustainability, Sustainable Innovation.
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There has been a conversation on at LinkedIn about the top 3 priorities for India today. I have noticed that there are many who have sought to ‘remove corruption’. My statement might sound like a very radical approach bordering on impropriety; it will definitely destroy our moral stand: nevertheless here’s what -

IT IS NOT POSSIBLE TO REMOVE CORRUPTION FROM ANY SOCIETY.

Let’s accept that nature’s best creation is imperfect and we live in an ‘imperfect’ world of which every society is a subset. What becomes very interesting therefore is the concept of ”SUSTAINABLE CORRUPTION”.

While we are busy blaming the ’system’ and the powers that be – (more…)