Posted by cultivar on 23 March, 2009

I went to a really fascinating talk at Warwick Business School last week. Dr Gerard Lyons, Chief Economist at Standard Chartered bank and respected global economic forecaster, shared his expert knowledge, insight, and personal views on key economic issues with MBA students and Alumni. In his talk he covered the following:-
- How the world got into the current economic crisis
- The immediate economic outlook for the short-term
- Further implications for the global economic system
In 45 minutes he was able to explain in plain English what myself and many in the audience have struggled to understand from watching hours of TV programmes and reading multiple articles in newspapers and magazines. He was able to translate complex economic jargon, using metaphors from the world of film to illustrate a concise picture of what has already happened, and a set out his vision of what is probably going to happen next. He has a good track record of being able to do this as his Biography attests.
In summary, Dr Lyons explained how the state of our economy is driven by 3 key elements - economic fundamentals; policy responses from government and central banks; and confidence. He described how the lessons learned from Japan’s deflationary cycle have been used to accelerate UK policy responses which have been designed to restore confidence by “throwing the kitchen sink…” at the problem. As a result Dr Lyons summarised the following for us:-
- “You can’t stop what’s coming” – the downturn will be steep, particularly in the west but less so in the east, for at least the next 12-18 months;
- There is a significant long-term shift in economic power from the western economies to the east – China, India and the Middle East; and
- The UK must face up to it’s challenges – increase added value and look to increase exports to strong and growing markets in the east.
I’ll be watching out for more comments from Dr Lyons as things develop. In the meanwhile there is a short video interview recorded on the night that can be seen here: Dr Lyons Interview
Posted in business, business issues, strategy | Tagged: crisis, downturn, economy, forecast, outlook, prediction, recession, slump, world order | Leave a Comment »
Posted by cultivar on 7 February, 2008
With maverick flair and a strategist’s disdain for accepted wisdom, globally renowned architect Jaime Lerner re-invented urban space in his native Curitaba, Brazil. Along the way he managed to revolutionize bus transit, awaken green consciousness in a populace accustomed to litter and blight, and change the way city planners and bureaucrats world-wide conceive what’s possible within the tangled structure of the metropolitan landscape.
In his quest to revolutionize city design he constantly battled with city officials who said they couldn’t improve their cities because of budget constraints. With elegant simplicity he suggested they think creatively about how improvements could be made that didn’t cost the earth, or get bogged down in red tape and planning. He summarizes this philosophy by encouraging them to ” knock a zero off your budget – that forces you to think creatively”. He goes on to suggest that knocking two zero’s off the budget makes you very creative!! Try it some time with your design team…
In the meanwhile to see and hear Jaime speak about this I suggest you watch the following short video clip: www.ted.com/talks/view/id/213
Cultivar Consulting helps organizations to knock zero’s off their product development budgets – contact us now to find out how!
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Posted by cultivar on 23 January, 2008
After his crusade on school dinners, Jamie Oliver has been recently launched a new crusade on the plight of Battery Hens Vs Free Range Hens. He argues that the product of Free Range Hens is much better… for them and for us. I personally haven’t come across anyone who argues against this, in other words it’s common sense! Even the supermarkets have taken note as “consumers” (a strange word to describe people?) have elected to pay more for better quality products – what next?
I find this situation analogous to many businesses. Desperate to drive down cost (seen as the be-all and end-all to their customer – “the consumer”) businesses squeeze employees into tiny spaces within uninspiring boxes, starved of daylight and other stimulation, and organised around tightly defined processes with strict roles and responsibilities. This might be highly productive, yet I’m sure everyone with common sense can see that it’s hardly going to motivate people to give their best. They might as well be battery hens.
In these times when more and more jobs are outsourced to low cost economies (to drive down cost further) businesses increasingly need to get more from their employees if they are to compete within the global economy. Creativity and Innovation are the new buzz words that are heard in the boardroom, but will treating employees like battery hens foster the very best from them? In the war-for-talent will your offices attract the very best? How many of your employees will choose to look for a more rewarding environment in 2008? Do you really know the hidden cost of this?
I would like to suggest that forward looking businesses need to address this issue, indeed some of the best employers are already doing so and are reaping the rewards of their vision. It would be nice to see more companies employing architects and interior designers again, creating working spaces that inspire individuals, foster teamwork, and result in higher levels of creativity and innovation. The cost might be higher, but perhaps the result would be something your customers might pay more for, and put your business on the path to sustainable growth?
As Jamie might say:- “food for thought”?
Cultivar Consulting has developed partnerships with architects and interior designers so that we can introduce changes that inspire with our clients – contact us now to find out more…
www.cultivar.co.uk
Posted in business, business issues, strategy | 3 Comments »
Posted by cultivar on 4 November, 2007


For the business owner: HBR IdeaCast
From the Harvard Business Review, this podcast shares ideas and commentary from leading thinkers in business and management. Whether you run your own business, or just like to stay abreast of business trends, HBR IdeaCast offers discussions of strategic innovation, decision-making, and leadership. Just take a look at the following website to register for updates as they are published:-
http://www.hbsp.harvard.edu/b02/en/hbr/hbr_ideacast.jhtml
For the strategist: Knowledge@Wharton

Wharton faculty share their expertise in this podcast, analyzing current business trends from the iPhone to the China Bubble. A recent podcast tangled with the thorny issue of corporate environmentalism, addressing the question: “What does ‘going green’ mean for the bottom line?” Just take a look at the following website to register for updates as they are published:-
http://knowledge.wharton.upenn.edu/podcast_archive.cfm?CFID=4102494&CFTOKEN=58301941
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