Posted by: Dr Pano Kroko | July 5, 2015

Socrates Scores All Over Again

The No Vote of Greece is a Victory of Reason and Logic over Fear, Greed, and Avarice…

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Posted by: Dr Pano Kroko | July 5, 2015

No = OXI

Greeks proudly Voted NO today in large majorities.

They voted NO without Fear, same as they voted NO in 1940 as they embarked to fight against the powerful ally of the German Nazi Axis – Italy and the Greek through their powerful NO fought and won, thus scoring the First Victory of the Free World during the giant global conflagration that resulted in the Second World War….

The NO vote today is equally important.

To all those Greeks who voted NO, we salute you.

Well Said and Well Done.

Your Leadership resonates around the World mired in illogical and unsustainable bogus sovereign debt.

It suddenly will start raining all over.

The dam levies have already burst…

Who is to say that the floodgates aren’t yet open?

Time is Now.

Jubilee is here brought on by the people

Yours,

Pano

PS:

Here is to the resounding NO victory.

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Last Tuesday, Greece became the first developed country to default on the IMF — and the pro-creditor camp is already propagating the convenient self-serving myth that the country’s “radical” and “irresponsible” government is somehow to blame for this.

Still though it seems to me that nothing could be further from the truth.

To begin with, we should note that defaults come in many forms and guises — and not all of them are the debtor’s fault.

In our own research on the political economy of sovereign debt, we identify at least seven types of country/nation economic default of the Sovereign Debt as one of the following categories…

The negotiated rescheduling;

The voluntary restructuring;

The unilateral moratorium;

The outright debt repudiation;

The undeclared economic war victimization of a country;

The sudden country bankruptcy;

And lastly the Debt Jubilee and the total Amnesty of All Debts follows when all else has failed.

Still what is interesting about sovereign debt in general and about international lending in particular, is the almost wholesale absence of repudiation, and the complete lack of Truth or understanding amongst the People of Europe about the power of compound Interest and Usury.

And although most sovereign debts become usurious after the economic depressions, and recessions that all too often visit the World — most countries try extremely hard to repay their debts in full and on time — even when they cannot due to economic failures and circumstances beyond the control of any single country.

In the worst case scenarios, and at the extremes — the debtor countries may be able to negotiate a rescheduling or restructuring of the debt with their lenders — or to simply walk away through forgiveness of Sovereign Debt as we’ve done to Africa and others when the Debt was clearly unsupportable.

As William Shakespeare clearly showed us in the theatre play of the “Merchant of Venice” it is He who seeks to extract a pound of flesh from the Borrower — that is bound to lose his own wealth, his Dignity, and his Liberty, to boot.

And even in History Greece has defaulted and gone bankrupt at least four time officially since the New Greek Republic was established in 1828, and it has been found insolvent at least another nine times. So have many other countries in the long history of Sovereign Debt and it is not exceptional cases, when countries can declare a moratorium on repayments. Hundreds of countries have gone that route multiple time and it’s bet we understand that now as a simple right of Passage on the road to rebuilding the Economies and put the people back to work on a sustainable economic path.

Having your own currency and exercising your own National Monetary policy is the Birthright of any Sovereign nation and it should become so again in Greece. Because that is the only way to become Free and Independent once again. And this economic fight is only about this issue and nothing more…

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Yet we must accept also that while this insolvency and Sovereign bankruptcy practice for Economic Reorganization, was very common prior to World War II, it is a little rarer today. Yet it is more uncommon today only amongst the developed world, because the developing countries and the emergent economies have a totally different risk profile for their Debt Bonds and their bankruptcies are at least as common as for StartUp companies.

Yet things are a changing. The Creditors are ready set to get schooled and understand that the Greek Default will pierce the Global Bubble of unsustainable Sovereign Debt. And if you don’t believe that — rest assured that the Three Hundred Trillion Dollars Sovereign Debt is unsustainable today and we best get ready for a new wave of Sovereign bankruptcies, because the Global Sovereign Debt is far beyond the limits of sustainability and a general Debt Amnesty has to come for all countries developed or not — same as we’ve done for Africa when we offered Debt Relief to all countries of the poorest Continent of this world.

Now is the turn of Europe to taste the Humble Pie of Sovereign debt defaults through Greece’s bankruptcy, and then America’s turn to taste it through Puerto Rico’s imminent debt default. So get ready if you are a Bond holder, or a Bond Trader, or a Sovereign Bond Banker, to have some fun because You will surely live in interesting times…

And the Chinese have an interesting curse for those that forget history: They wish them to Go Live in Interesting Times…

In this respect, the first thing to remember as the NO VOTE take control of the Hearts and Mind of the Greek people — is that Greece clearly did not repudiate its debts outright, because despite the preliminary conclusions of the Greek parliamentary debt audit committee, which found much of the country’s debt to be odious, illegitimate and illegal — the current Greek government still formally recognizes the legally binding character of the debt contracts.

However it is the IMF’s default that therefore looks more like an undeclared moratorium, since Greece could still settle its arrears with the International Monetary Fund at a later stage; if it somehow managed to secure new and sustainable credit.

The second thing to note is that Greece clearly cannot repay its debts in full without economic growth that cannot ever come through the Austerity programs. Even the IMF recognizes that the country needs serious debt relief in order to make Greece’s debts sustainable and this is what is not yet on offer.

Still, the country’s left-led government committed itself to remaining current on its obligations even under the most difficult circumstances imaginable. Over the past five months, the Greek Government of Syriza basically did the impossible; as it continued to repay the usurious and extortive debt payments to the loan-sharking foreign creditors even though the country didn’t receive a dime in foreign financing.

So how did Greece find the money to pay for these practically unsustainable debt payments?

Well, it generated the payments domestically from taxes and budget cuts — along with a de facto default on government suppliers, on pensioners, on government workers, on poor people, on the unemployed, and on all of it’s children.

Because long before Greece defaulted on the IMF, it defaulted on its own people, and on the private sector firms that do business with the Greek government — just so it could keep servicing its external debts to unwieldy foreign country creditors somehow enforcing a form of suzerainty and despotism over an independent country as a form of current Foreign occupation.

In fact, for all the talk of Greek “profligacy” and Greece’s spending beyond it’s means, or even the current government’s so called spending ways, the left-led government of Greece, would have run the largest primary surpluses in the EU by far.

In fact, this year the Greek Government’s budget would have been the most austere on the continent of Europe as shown on this Chart by the Economist magazine of London UK:

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Source: Economist (2015)

Now, the reason Greece has hit a wall and defaulted on the IMF is very simple: despite running primary surpluses, it basically ran out of cash reserves — and the fact that it ran out of money to pay anybody, was clearly not its own fault.

If the Creditor nations of Europe and Germany truly cared to keep the European nations together, the Greedy Creditors could have easily prevented a default. Sadly, they found it more important to punish Greece and set an example for other nations to toe the line of the “Germany Uber Alles” White supremacist, fascist, and racist doctrine…

North versus the South is played out here in the heart of Democracy and along all the countries of Europe with the Greeks being the perennial “black heads” as described in German lore and as Angela Merkel today’s German Chancellor of the Reich, describes the Greeks as lacking Commitment…

Indeed the Greeks and their government truly lack commitment to the German occupation of their own country and homeland…

Amazing…

The insolence and temerity of these people…

Ladies start clutching your pearls.

The Gall…

The insolence of these Greek people to stand up naked and poor against the might of the German economic war machine’s Blietzkrieg — to stand up like modern day Leonidas and his band of Three Hundred ferocious Spartan warriors of old, standing guards of the Gates of Greece in Thermopylae.

And that is the whole story of what is going on today.

And for that I offer them a debt of Honour on behalf of the whole world, and I salute the Greeks who vote NO as modern day heroes…

Because as Winston Churchill said when the Greeks in 1940 gave the First Victory of the Second World War to the Allies by beating back the Italian fascists all the way into Italy — we must remember again today tat this necessitated the German Hitler thugs to come to the rescue of their Italian Allies and the delay caused the German armies to march against Russia during the winter. The Russian General Winter along with General Molotov won the war … and the Hitler thugs never forgot who held them back. so now they want to repay the Greeks and settle this old score. This is the real score and got nothing to do with current debt that is just an excuse to scare and scar a whole country for it’s insolence.

Undertand?

But I want to Thank the Greeks for standing up against the Banker-wanker Status Quo and thus gaining this early Victory on behalf of all of us and giving strength to our backbone by voting NO fiercely:

“”It is not the Greeks who fight like heroes but it rather the Heroes and the Lions that fight like Greeks””

–WInston Churchill

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So the Greek NO has to be a resounding and full mouth NO, in order to be heard all over the World… and to be seen in beautiful High Definition colour and sound.

Yet to be fully ready to deflect anyone’s criticism we must be ready with the Accounting as well. So we must also look at the Accounting Record carefully…

For one, Greece’s repayment schedule for 2015 was simply quite unrealistic because the slow economically summer is full of huge payments that could never be made. Moreover, the creditors showed absolutely no willingness to reschedule or restructure Greece’s debt profile towards sustainability. The German creditors’ stubborn refusal to make any concessions in the negotiations also contributed to continued uncertainty, slowing down the economy even further, increasing the unemployment, and thus affecting negatively all economic growth and tax collection. This combination of factors made an involuntary moratorium on the IMF debt inevitable.

But it gets worse. If the creditors had truly cared about preventing a Greek default, they could have done so at the flick of a switch. The Eurogroup and IMF still owed Greece the last 7.2 billion euro tranche of its previously agreed bailout package, while the European Central Bank owed it nearly 2 billion euros in withheld profits on Greek bonds, which it was supposed to return to the government. If the lenders really didn’t want Greece to default, they could have simply transferred this money from one part of the “Books” to another, and thus the Greek debt problem would have been solved…

But it should be clear by now that the standoff between Greece and its creditors is no longer about the money. It rather is about power and control over the small nation of hardy people and independent Democratic traditions. The German creditors were adamant not to encourage the Greek people’s freedom as represented by Syriza’s resistance, because this might embolden the anti-austerity forces elsewhere in Europe — most notably in Spain, where the young people’s party might well win the next elections.

And then in Italy the left leaning Young Democrats are winning and are going to sink the Austerity government beholden to Germany… And then in Portugal this scenario will take place, and in Ireland, and above all else in the UK where England is set to call a Referendum and Exit the European Union altogether by next year.

So while the brick dominoes are falling all over the German brick shithouse; the foolish German Conservatives like Ms Merkel, and Mr Schauble, much like their predecessors the horrible Nazis some seventy years ago did — now they want to set an example of the Independent Greeks by stringing up their proud necks.

And this isn’t going down well with anyone, because the only possible way Greece could have obtained further financing to repay the IMF this week would have been to sign up to the self-defeating and humiliating “take-it-or-leave-it” national suicide offer that was made by the Germans and the other Foreign creditors last Friday — designed to humiliate and defeat the Greek Sovereign Government.

And of course taking this national suicide offer coming from the Creditors; it would have been suicidal both for the Greek Government of Syriza and for Greece, and the Greek people themselves.

And it was a stupid move by the Germans because it must have been obvious even to school children from the start; that the Greek Premiere Mr Tsipras would be unwilling and unable to submit to the same austerity measures that had produced such disastrous economic consequences under previous docile and submissive Greek caretaker governments, against which he had been campaigning aggressively all those years until the Greek people installed him to power, in order to lead them out of the dark wood of foreign occupation and dependency.

If anyone is a student of History out there — will truly know which way this story is going to play forward and if there are some tears and toils and pain to come amongst the Greek people for a little while — then they can take it easily because that’s the price of Freedom. Freedom and National Liberty has always been the most treasured and valuable experience for the Greeks and these people are hard enough and don’t care as their long and brilliant history loudly declares.

They are made to guard Thermopylae, Marathon, and Salamis, and they don’t mind dong it, even if it is to only to win a Great Victory at the cost of their own blood and sinew.

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So the only choice really for anyone who votes for this Referendum this Sunday is to Vote NO and hope that enough Greeks will vote NO in order to help the small country turn a new leaf, and start on the road to prosperity and growth with it’s own coin and it’s own Monetary Policy to be able to sustain it’s own needs and geographic national integrity and sovereignty.

Yours,
Dr Kroko

PS:

The bottom line is that Greece was pushed over the edge by its own creditors. Its government is clearly still willing to pay — just not at all costs, like previous docile to the German foreign Masters, Greek governments.

In fact, the Greek government of Syriza rightly demands a fairer distribution in the burden sharing, a sustainable long-term debt payment trajectory, and a sovereign say in the way it chooses to meet its obligations — whether by taxing shipowners, bankers, large constructors, large scale Tourism Operators, and Media magnates — rather than cutting the wages and the miniscule social net benefits of the low workers, the aged and sick pensioners, and the unemployed.

If in a country with more than a third of it’s workforce is long term chronically unemployed, and it’s youth is unable to even hope to find any kind of work in the country, this is considered “radical” and “irresponsible” Policy in the European Union of today — it’s only because the Germans and their Media slaves have hijacked the debate and manage to present only their side of the story.

But the European people are not stupid either. And the fact that the very appearance of where the Political Center is, has been erroneously shifted by the Media for far too many clicks of the compass to the right — has not escaped anyone’s attention.

Yet the European people are sensitive and sensible and above all else they are smart and cannot be led to another German occupation while there are still people alive who were interned in the Nazi concentration camps during the second World War…

Unfortunately, this is precisely what is happening today again some Seventy years after the last Travesty of Justice and the bloodshed and the horrors heaved upon Europe, because of the Fascist Conquest in Europe.

And if anyone bears responsibility for the Greek default towards the IMF today, this is the extremists in the creditor camp and the Germans, the imaginary Masters of Europe, and of the Universe — who would rather suffocate their borrowers than ensure the continued repayment of debt through Growth and shared prosperity and perhaps the keeping of the European dream alive…

Somehow they must think that they are the Very Evil Empire that the Alliance beat a couple of times before in the last go round in Europe, last century, and is going to beat them again this time.

Long Live the Alliance of Justice…

Vote NO my Friends — vote NO this Sunday — Vote NO today — Vote NO tomorrow — Keep your Dignity and Independence…

Stay Strong…

The whole World is Watching and Rooting for the Greeks today.

Go vote and vote a strong NO on this Referendum.

Lady Liberty is tearing up — hell she is full-on crying — as she is watching with awe her children fighting forth for Freedom from want, freedom from need, and freedom of Being…

On this Fourth of July the Anniversary of the American Declaration of Independence it is through the Vote of the Leaders and the Representatives of the American people to become Independent that this great Nation has come about.

So tomorrow may the Greek People muster their strength and rise up to vote NO and regain their own Independence too and be able to celebrate through the ages to come as A Free People all over again…

Posted by: Dr Pano Kroko | July 4, 2015

Top Ten Lessons in Leadership

Dr Pano Kroko:

Do The Right Thing…

Originally posted on Bleeding Edge Blog:

Now that Letterman is off the air from National Television,
I recall that the thing that I liked most about his broadcast
was the Top Ten Lists that were so irreverent and funny that made
Dave a self humbling force and added a bit of genuine humour and
levity to the otherwise barren TV land…

So it follows that whenever I decided to get some mindrot or receive
some companionable sound-sympathy from television balm for the lonesome
traveler, while working away the night in some random hotel room across
America — I always turned on Dave Letterman and his Top Tens.

Therefore, please don”t blame me then that I started in earnest giving
the Top Tens a Refresh, Right here but without the Sound and Light of the
stupid TV tube.

So if you still remember how to read — here are some of the most important lessons about Leadership…

View original 930 more words

Posted by: Dr Pano Kroko | July 3, 2015

Top Ten Lessons in Leadership

Now that Letterman is off the air from National Television,
I recall that the thing that I liked most about his broadcast
was the Top Ten Lists that were so irreverent and funny that made
Dave a self humbling force and added a bit of genuine humour and
levity to the otherwise barren TV land…

So it follows that whenever I decided to get some mindrot or receive
some companionable sound-sympathy from television balm for the lonesome
traveler, while working away the night in some random hotel room across
America — I always turned on Dave Letterman and his Top Tens.

Therefore, please don”t blame me then that I started in earnest giving
the Top Tens a Refresh, Right here but without the Sound and Light of the
stupid TV tube.

So if you still remember how to read — here are some of the most important lessons about Leadership that can fit into one of the Top Ten Lists:

You are not God:
Remember that. Remember it always. The people might forget it, but You must always recall that and stay humble.

You are not Napoleon either:
Let’s be clear on that, because unless Yo are five feet tall with a gorgeous babe in your arms named Josephine, and speaking terrible Corsican French — You are not Napoleon.
And please clean up your French and fix the accent, cause it’s embarrassing. Don’t use Argot if you don’t understand it. There is no Spartan shorthand for Speaking Good French.

Don’t get depressed about anything that goes down:
Worry and Depression only leads to faulty judgement. Who need judgement. That stuff is for the birds and for the bird brained out there. Keep Looking Up. Things will turn up and your destiny will follow your gaze toward the cloudless sky.
I had to say this although myself — love clouds, rain, and thunderstorms.

Take time to think:
Don’t react to situations. Take time to get to Clarity. Give time to the members of the company to seek and find their Spirit in order to Do the Right Thing.
Give time to yourself to do the Same.

Speak the truth:
Share the truth that everyone on the ground already knows. Do not try to minimize or to deflect the problems onto others, or on the Team, or onto the Clients, & onto the Customers.

Take responsibility for the failures:
It is always You and nobody else. If it is your company that failed, it will be evident soon enough. Live with it.

Don’t fix blame — Fix the problem:
Fixing the blame feels good, but this is a time when everyone is waiting for direction. We said to the organization that we will use this as an opportunity to be better in the future.

Build your teams through action:
Over the course of staff meetings lasting from a few hours to a few days You need to build team commitment and “Esprit De Corps” through the belief that we can prevail in the face of peril — if we all pull together.

Failures, Difficulties, and Dark days are amazing leadership opportunities for Turn around success. As bad, scary, and dark, as these days can be, it is the job of the leader to see beyond the moment. If you can do that — failure, catastrophe, and even fierce adversity including war, are truly unique opportunities for proving your mettle, building strong teams, weeding out the undesirables, creating strong ethical Leadership culture and bonding within the company. And if you can turn around the temporary defeats into long lasting Victory — You be the Man.
Please don’t forget that of course there will be good days again. The Sun will shine as it has always done behind the clouds of war. It is your job of leadership to see beyond the cloudy moments and to provide a counterweight to the Cry-babies that inevitably exist in most failing corporate teams. If you want to turn them around — it is best to remind those people that the good days are coming but only for those that will manage to stick it through thick & thin. And of course You need to remind people of the tasks undone, the opportunities for improvements, and the greater destiny ahead. Provide the Vision and the Mission directions and allow them to erupt and fail on their own words and sword — but please don’t remind them that there will likely be dark days again someday because it scares the children and they start throwing their toys off the pram…

Find Your Josephine if you want to complicate your Life, and remember that even the pocket Emperor of France couldn’t conquer that woman. So don’t even try to conquer any female of the species and accept your fate as the weaker link of the species. Aha.. Atta Boy. Play nice now because that should be a good lesson in humility, and a brave thought, for all of You sporting some savoury arm-candy, to wrestle with.

You are neither Hercules nor Hussein Bolt. Act like neither of them:
Stick with constitutional walks and aerobics in the bedroom for your daily exercise, because you are not Hercules or H. Bolt either. Don’t spend all the time of your life pumping muscle and stop running around all the time as if a hungry T-Rex is coming after You. Remember what Mark Twain said: “I get all of my exercise walking in the funerals of my friends who spend all their time at the Gym running and pumping like Mad-Men. The heart needs some better kinder care. More on that later…

Live long and Prosper:
Just watch Star Trek instead of TV and You’ll be fine on both fronts. Keep repeating and dong the Space Galaxy Peace sign with your fingers and all with be good for a very long time…

Yours,
Dr Pano

PS:
We are running today a baker’s dozen in case you might have noticed if you know how to count to twelve this early morning….

But I figures I’ll give you a couple Extra lessons because every time that Dave finished with his Top Ten — I always longed for a couple more.

So there you have it…

Enjoy, and Thank God on my behalf.

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And by the way,

Keep this in Mind:

You are not the Pope either…

OK?

That is unless you dress like this dude in white and ride around in your own chariot with Swiss guards, speaking to simple folks and world leaders alike in kind words and deeds — You are not the Pope.

Got that Memo?

Hope so.

But above all else — Do The Right Thing.

You know what that is.

And then maybe You’ll start acting like him…

You never know where that’ll get you.

This guy had to start someplace too.

As a matter of fact, he too began life in humble places.

Because he started as a bouncer in a Buenos Aires disco himself…

But by doing the RIGHT THING he sits in the Vatican throne today leading a couple of billion people…

Well Done Francis.

Posted by: Dr Pano Kroko | June 30, 2015

The Secret of Success….

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Posted by: Dr Pano Kroko | June 30, 2015

Common sense is simple instinct — enough of it is pure genius

Common sense is simple instinct – enough of it is pure genius.

–George Bernard Shaw, Author and Founder of London School of Economics

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Great Leaders point the way forward towards the True North of the compass, inspire faith, and stay determined to the truth.

They also manage to allay all the doubts, fears, and uncertainties of their people, whether they’re other C-level executives, Board members, investors, colleagues, employees, or Managers.

As a Leader You have to provide a path to success, and when this path is obscured — You have to Innovate your way out of the wilderness and the deserts to the promised land.

So start with the Ten Best ways to Innovate early and frequently and built a practice of Organizational Creative Innovation, in order to be able to win through Cooperation and Competition with friends and foe alike.

Innovation build and rollout, ought to be the main job for senior organizational leaders hard at work building adaptive, multi-disciplinary innovation capacity.

Vento: The Sharing Economy and the Innovative StartUp Businesses of Today that work in this heady forward and StartUp aplenty endowed innovation space, have uncovered a Gold Mine. All the new StartUps have found enough wind to fill their sails and push their boats forward, because they found plenty of Venture Capital to burn, plenty of Wealth to create, and plenty of jobs to bring to the people.

Along the way they have also found some shoals in the form of some Hidden and unintended Consequences, that can only be seen, and utilized through Innovation Adaptation.

When we talk about new technology, new services, and the new shared Economy — we frequently stay focused on how it makes our lives easier, faster, smarter, and far more efficient — but we often overlook the way it can affect the “other” people, displaced, or disintermediated, and thus completely reshape the economy.

When I was in China last month, I spoke to a group of business leaders about these ideas and how the shared economy will reduce economic output and industrial output for the producing countries.

I want to talk about how new technologies reshape all of our spending from the household budget for durable good like automobiles and houses to the governmental budgets for infrastructure and for the industrial economy as a whole. For example: If you have access to ZipCars, Flexcars, Gocars, and shared automobile rides like Lyft, Ride, and all others, and even the municipal bike sharing networks — Why would you ever need to buy a private automobile is beyond me…

It’s a good example of how quickly new technology can destabilize several industries — especially the ones that are entrenched and established and feeling all Secure. And even more extreme is the example of how this sea-change can be totally missed by most all the CEOs within the specific business and industry that gets disrupted massively.

And it’s not as if these changes took place over a number of years, and are happening at the margins. Thee are headline grabbing Shared Economy initiative rising-up everywhere. And they do not happen so fast that if you blink you can miss them like a passing star, but they are in your face every time you dial and Uber. ANd every time you make that lunch call with ‘peach” and “oven.”

Of course every time that You see technology precipitate incredibly rapid changes, like what we’ve seen with the rise of the “sharing economy” or the “Shared Economy” we are at best alarmed and then once we start using it — we are overjoyede. This is best xemplified by home-sharing-rental services such as Airbnb or taxi services like Uber and the Chinese equivalent called Kuadi, that they represent a completely different mindset for the use of capital, especially amongst the young people and the one not afraid of Change.

Yet still we tend to think of these services in terms of the way they affect convenience—how they change behaviors, but not of How drastically they might change the GDP of whole countries with major industrial production like the US & China, Germany, and Japan. But as we saw with cars, homes, energy, and jobs — these new technologies and innovative mindsets, can have a profound effect on people, prices, markets, and the way we spend our money all the way from the Minister of Finance and the White House to your house.

For the last four generations, young people all around the world have focused on acquiring two key pieces of property: a home and a car. These purchases are partly status-driven, partly practical. And they’re not identical, of course: Cars tend to depreciate, while homes are seen as an investment.

But both purchases require large amounts of capital or credit, and that is money that could be used more effectively elsewhere. And to do that the people need to have jobs. Good paying jobs to afford capital improvements in their lives…

All the way back to the days of the concern of the Leader for the buying power of his workers — speaking of Henry Ford and his assembly lines — good jobs allowed people to buy the goods they produced.

Yet today the jobs of the new fangled shared economy StartUps like, the TaskBank, the Bitcoin, the TaskRabbit, the Uber, and all the various TimeBanks — are niggerdly — and do not allow these workers to make enough money, nor a steady income to keep their families in food and shelter, let alone earn enough to buy the automobile and the house they desire in order to keep their families happy.

Because with the advent of technologies like Task Rabbit, TimeBank, WorkShare, Lyft, Uber and Airbnb, these long-accepted financial decisions must start to change again. Why bother with the big upfront investment, the hassles of maintenance and parking, or the liability of owning a car, if you can have one available within minutes with one tap on your phone.

As more and more people use sharing services for transportation, personal vehicles will become less important, both financially and in terms of status. As more people use digital currencies — fiat money will deteriorate in status and traditional banks will capitulate to the New World.

People may decide — and I think this would be the right decision for many — to take the cash they would spend on a vehicle, or in keeping a Savings account, and direct it instead towards smart investments.

Think about the scale of this change. Uber was founded just five years ago. In another five years, car-sharing technologies could be replacing car ownership at a meaningful scale. That has significant implications for the global economy, simply by changing the way capital flows through it.

New technology can also have some unpleasant effects. For example, increasing automation is putting significant downward pressure on employment. Take driverless cars, for example: While it’s true that they will eliminate congestion and accidents, over time, they will also eliminate jobs for people like taxi and truck drivers, and even turn all of us into bitching and moaning backseat drivers, like your Mother-In-Law.

And surely that would not be good but we shall overcome. However what will prove difficult to overcome is the people and countries that will stay behind without jobs and without prospects under the sun. Those are the ones who shun Innovation and hope that the sea change will not affect the tide in their little village. Or that the breadwinners of families that are long established and run under the principles of one man – one paycheck, will be majorly disrupted.

Or even the recognition that the countries that will get ahead will not be the ones that train enough workers to do the skilled engineering jobs, the internet development, the designing of software and hardware systems, or the maintaining of sophisticated machines, or writing the code that helps them run — but the ones that will teach their kids how to be noticers, generalists, and good problem solvers, in order to be able to Innovate their way and themselves out of any box….

And am saying all this because Innovation is not A Stand-Alone discipline…

It is widely recognized that Innovation has not been considered a stand-alone creative innovation methodology, or technique for Business since the late 1950s. And when Raw Ideas were considered Innovation — the American workplace became the context in which brainstorming was generating new raw ideas that were thought to be the most valuable new creative currency.

This work attempted to graft that notion onto every aspect of everyday American work life. Of course, that relatively simple 1950s workplace context long ago radically changed, as did the notion that raw idea streams rule supreme in value.

process-oriented, evolving and adapting realizations. Evolving and adapting would be the key words there. Like most of us who are not stuck-in-time stationery objects, the context in which we operate has changed and grown more complex as work has evolved towards Intelligence.

Ideas are only as good as the framing that precedes them, so that framing and orchestration are already evolving into the heavier lifts. Don’t miss that moment and what it means because for more than 50 years the generation of raw solution ideas, in its many variations, has been widely considered the “secret sauce” in the innovation cycle.

It would be no surprise to most of us that any study of any creativity technique or technology that focuses on humans with no training, no skill, and the will to succeed, will result in a clumsy, negative picture. Imagine trying to understand bicycle riding, or piano playing, by conducting a study of folks trying to ride a bike. Or learn to play the piano for the first time with no training. Would the clumsy results mean that there are no master bike riders and no master piano players?

This has been the logic in use around much of the “research” focused in the direction of Innovating.

In addition, much of it has been conducted by academics, holding levels of process skill that would, in the context of practice today, be considered elementary. To add even more fuzz to the mix, many young, ambitious “journalists/bloggers” seeking to generate heat in the on-line attention wars of today can be seen citing the “research” that never made any sense in the first place. This cascade of silly-billy dysfunction has, for years, muddied the waters on this subject.

Perhaps the most important truth in all of that fuzzy mess is to simply appreciate that, we moved beyond brainstorming as we recognized that there were bigger issues to consider. Moving forward, we see broader applications for the principle ingredients or DNA inside the Game of Innovating.

Here is the Basic Innovation Language where with the help of divergence andconvergence. Working on the creation of the first (and later to become highly influential) creative problem solving (CPS) process, we realized that divergence and convergence occurs not once, but rather throughout the multi-phase innovation cycle. At that time such articulation was a milestone that significantly advanced the early thinking about brainstorming solution ideas into a different league of consideration. With this evolution, creative Innovating morphed into a repeating three step dance (divergence, convergence, orchestration) that occurs from end to end in the innovation process. Most innovation process models have between 6 and 10 steps or cycles. It was no longer a one-off event but rather a repeating, adjustable flow-a basic innovation language construction. Still today many do not understand the significance of this milestone in process innovation, many years later.

5. Thinking Integration for INNOVATION has already recognized that building innovation capacity in the context of organizations involves the integration of divergent thinking and convergent thinking. If you stay frozen in the old brainstorming“ideas are king” mode, you never get to those realizations. We see this to be the largely unrecognized founding of the modern integrative thinking movement. Anyone studying Innovation Creativity work would see that thinking integration is a deliberate orchestration or modulation of divergent and convergent thinking, imaginative and analytical thinking. From the outset the essential purpose of the applied creativity movement has been thinking integration. Certainly any enlightened graduate student of applied creativity can tell you that integrative thinking was never intended to be a decision-making technique. That integrative and orchestrative thinking train was already on the tracks, documented and rolling forward decades ago. Many, later arriving others, and current MBA school profs, subsequently built, knowingly or unknowingly, on those foundations. Of course some built without understanding or acknowledging that the foundations already existed in the modern innovation methodology era.

6. Learnable Creative Innovation Behaviours with the integration of divergence and convergence into a visible innovation cycle framework, effectively introduced the notion of learnable creative behaviors. Interconnected was a belief deeply held by these three pioneers: that everyone has the capacity to be creative. These notions, too, were significant process innovation contributions at that time. By working in collaboration with many associates, we developed a behaviour based, experiential learning program, complete with workbooks that rival in detail, many innovation programs seen today. What is important to appreciate, in terms of timeline sequence, is that Creativity is not brainstorming, but rather an entire mash-up of thinking dynamic skills, both divergent and convergent. Teaching end–to-end creative problem finding and solving. Teaching thinking dynamic orchestration and integrative thinking. Among the gems that can be seen in the early workbooks for Creative Innovation is the now popular invitation stem: How Might We be engaged in Creative Innovation? The answer which, of course, had nothing to do with Creative Innovation and everything to do with challenging our thinking. These ideas are light years ahead of our time, and many Leader could benefit from how shared Creative Innovation leads to Creative Behaviours, which encapsulate years of learning in a few hours. This was always the generous and Open Creative Innovation that included all the crown jewels of behavioural applied creativity. Creative People understand Creative Innovation. Middle Managers don’t. So how important is all of that? Behaviours, thinking integration and orchestration all remain not only extremely important but are at the centre of most leading innovation consultancies today. Much of the behaviour oriented innovation methodology work going on today stands on the shoulders.

7. Think-Balance Advocacy because as early applied creativity pioneers, recognized in the 1950s that the default thinking orientation of western culture including the business schools was convergent/judgment thinking (decision-making). In an age of great change both men were deeply concerned about the potential for convergent thinking to overpower and dominate western culture organizations at the expense of divergent thinking. Anyone can see in the literature that strong, consistent advocates of what we consider to be much needed creative change and innovation in American business schools — is lacking. Instead people speak of disruption alone. But we are interested in Creative Innovation and in order to keep it simple, what we have in mind for such schools is to start deliberately teaching a better balance of divergent and convergent thinking for Creativity Change. Underneath, and often underappreciated, is the heavier lift of advocacy for the equal valuing of both Creativity and Innovation in all of our organizations and in society. At its core what that means is that in the context of innovation, convergent thinking (decision-making) cannot be privileged over divergent thinking (idea-making). Take a deep breath and think about the implications of that insight.

Take a wild guess which is being privileged in most organizations today. More than a process innovation milestone, this insight and advocacy was among the most significant, most enduring contributions to the field of creative intelligence. Still today it is a rather unsung advocacy for Creative Innovation that many convergent thinking oriented graduate school & MBA programs still do not reflect. This is perhaps the most significant insight of the Creative Innovation era to come. It certainly explains why integrative thinking cannot be turned into a convergent thinking/decision-making technique. This advocacy, framed as Think-Balance is an arena that we know well and have been deeply involved in for years. It would be difficult to undertake inclusive innovation culture building today without this knowledge that builds from the early work of “How do organizations deliberately construct inclusive and adaptive innovation cultures today? Not by privileging convergent thinking.

The promise of inclusive innovation, inclusive culture building, and Creative Innovation, is that together we move beyond old era cognitive privileging.

8. Slow to Adapt, back in the early 1950s, the Creative perspective on the relationship between thinking dynamics and innovation was embraced by adventuresome business leaders in the real world and largely ignored by many American business school leaders entangled in academic legacy systems. One result was that the applied creativity skill-building or innovation skill-building, business was born, in large measure, outside the business schools in the 1950s. Some might say it remains largely outside still today. Anyone with experience in this industry will know that the modern era of the “Creative Age” began not in 2006 but in the 1950s, The truth is by 2006 the “Creative Age” was not a start-up but was rather into its 6th decade of modern era evolution. Miss that and you miss a lot of methodology innovation. Not exactly early adapters it took more than 50 years for most business school leaders to awaken to the realization that talking creativity and innovation while teaching the privileging of convergence was not a route to innovation leadership.

Although in the last few years this Creative Innovation orientation has finally begun to change, still today the default thinking mode taught as the highest form of value in most graduate business schools remains convergent thinking, decision-making. This continuing phenomenon is well known, inside the innovation enabling industry, to have enormous consequences in organizational contexts. Among the top ten most often seen organizational culture challenges is convergent-thinking-dominated cultures struggling to keep up in a continuously reinventing marketplace. Common symptoms of such corporate cultures include having few ideas in the pipeline and little active generative dialogue. These repeating, deeply ingrained,intergenerational business culture dynamics in part explain the reason for the enduring relevance and interest in the thinking orchestration and integrative thinking work that interest extends far beyond brainstorming.

9. Extending Think-Balance. Today many innovation enabling consultancies help organizations master combinations of thinking styles that work best in their particular organization, depending on many variables including their diagnosed cognitive strengths and weaknesses. In the industry this is now considered rather basic. What leading firms are working on is much more than technique considerations. Leading innovation enabling firms are extending Think-Balance considerations into strategies, values, rewards systems, processes models, leadership teams, thinking styles, technologies, work environments, etc. This is systemic viewing of innovation enabling that builds from and significantly extends the early work of Innovation. This is how the caterpillar transformed itself into a butterfly.

10. Dynamic Capability Building. Perhaps the most relevant dots unfortunately and ironically not connected. How does one enable a “Generation Flux” organization? The dots were sitting right there on the table but they remained unconnected. Apart from a fundamental misreading of brainstorming’s relevance there seems to be a complete absence of understanding regarding the underlying intentions doing was acknowledgement of continuous change and advocacy for continuous adaptability. “Adaptation”, “adapt”, “adapting” are terms used more than twenty times in the 1953 version of Applied Creativity. Obviously there is an urgency for developing in people the ability to live with constant change in a dynamic society.  Creative intelligence, creative process mastery, not brainstorming, as the way for humans to realize sustainable adaptability, agility, flexibility, resilience, fluency, fluxability, adaptive capacity or whatever you choose you call that. In view of Creative Innovation process mastery of the business innovation process, CPS, integrative thinking is the learnable engine, and the primary interface of adaptive capacity. The entire body of Creative Innovation work is about equipping leaders with adaptability tools and skills.

All wise practitioners believe that regardless of individual backgrounds those folks who learn such skills deeply will be well equipped to navigate a continuously changing world. We believe deeply that mastery of such skills would help others be successful in whatever next economy arrive. This too is a rather important insight for the interesting time we course through.

Proactively adapting to change was what it was all about for them and that is what it is still about for many organizational leaders today. What is different today is not only the increase in the pace of change but that the tools continue to change and evolve. The good news is that for inclusive culture building, for adaptive capacity building many more strategies and tools now exist.

Seasoned veterans of this business understand that the expressions of organizational needs evolve and change but often the underlying human issues remain surprisingly consistent. Ambidexterity as a Dynamic Capability is the basic problem confronting an organization is to engage in sufficient exploitation to ensure its current viability, and, at the same time, devote enough energy to exploration to ensure its future viability.

To be brief: How leading firms are enabling Ambidexterity in organizations today is, from a methods perspective, tied directly on Building Ambidexterity Capacity as A Methods Perspective.

Keeping Your Sanity means to forget the media constructed brainstorm wars. That is a false drama and a false narrative. In the real world of practice there is no brainstorming advocacy group out there. The innovation enabling community has long ago moved on. So should you.

Today leading innovation consultancies are working with savvy organizational leaders on Building Better Leaders, Better Teams and Better Organizational Cultures. Understanding the role of behaviours is key to every aspect of innovation capacity building today.

With innovation-averse behaviours and values still embedded in many graduate programs tackling these complex capacity building tasks will keep many organizational leaders around the world busy for decades to come.

Every year as I reflect on my Life and work here, and review all of the work I have seen and brought to bear, I am always drawn to the very notion of creativity and what its varied definitions of this rather powerful & meaningful word: “Creativity”

Imagination; Pushing Boundaries; Magic; Never Give Up; Inspiration…interesting choices, and some might add commerce, as in it’s not creative unless it sells, as a watch-out for Creative Innovation, for our community, and obviously for business innovation.

But now back to Data and here is the thing, even the use of Data could be creative – particularly if you believe that Creativity is a phenomenon whereby something new and somehow valuable is formed.

And that is the point – we take on creative product, add it to another and create yet a third. Just think about taking paper, ink and movable type and creating books. Or creating digital behavioural data, Creative Innovation, deep consumer/cultural insights, and brilliant copywriting and design, merged with compelling video production and direction.

And there you have it – I will leave it to you to judge for yourselves and I guarantee that every one of my readers will find their own muse somewhere in the work same as I would love to know where you did.

Creative Innovation seems to be a theme across the notion that simple yet great ideas, great thinking, great Creative Innovation, brilliant execution, and creative success, are neither digital or analog; old or new — they just “ARE”.

And High Touch is back in vogue alongside High-Tech, and maybe even more important in fact, low-tech human scalability trumped Apple Watches more than once…

I leave you with a thought from an incredible creative genius that sums up for me the message to take home: “Listen”

“Creativity is more than just being different. Anybody can plan weird; that’s easy. What’s hard is to be as simple as Bach. Making the simple, awesomely simple, that’s creativity.”
–Charles Mingus

Keep it simple and its way easier to inspire, and in the Business of Creative Innovation, that’s the end game.

Right?

Yours,

Dr Kroko

The Original “Generation Flux” is still with us today and whether you chose to embrace it, build on it or reject it, the multifaceted work of Innovation Adaptation is worthy of understanding in all of its amazing courage and timely imperfections.

Let’s recognize that the many contributions to creative intelligence and to innovation methodology development in particular are all in the direction of forward motion.

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Posted by: Dr Pano Kroko | June 28, 2015

Five ways that prove CEOs need to be Good Leaders

To read this You must be a senior organizational leader hard at work building adaptive, multi-disciplinary innovation capacity, in your Company and in the World around you.

Indeed to go on reading this — You personally must aspire to Lead people to the promised land.

Even if your name isn’t Moses, you must be the CEO that brings the manna from the heavens up above.

Do this and perhaps You will be remembered as the next Moses of the Business Enterprise World…

1) Do you remember how long time ago when you were perhaps, a lowly coordinator, a division manager, a procurator, or even a senior executive, or a Director — you were fighting along for a better career? Yet it appears that you figured it all out, And judging by the fact that you found your way here — you have easily taught others what to do, same as you learned from all others you came in contact with. Your thoughts & skepticisms were kept in your pants, and you were eager to see results most often from Innovation that was tantamount to disobedience and disruption. But you went ahead and did what was expected of you. You were proud of the job that you had and you saw synergy, synchronicity, and innovation, acting in your favour — much like an executive working on your plan. Yet today, if you want to be a CEO, you must understand that alone you can not do anything and you do not have to want to do anything without consulting with others and getting their buy-in for the forward change movement. You must understand that the synergy of the entire team is something that includes you. Now, if you want to understand a situation in order to solve it, you have to integrate yourself in the midst of the issue along with the executive team. Also you must know at every moment which part of the situation is active: the integrator or the integrated.

2) You must forget the discussions about the employees status, about the production and productivity, about the work environment, etc. You already have an army of managers who deal with these issues, so you must forget the managerial view and move yourself towards a global view. You must forget caring about being endorsed by others and you must endorse yourself fully. You must forget cheap things, cheap meetings, offices, words about anything, personal grudges, pettinnes, and you must forget the imperfection and the disorder of the human capital in the work environment. You must fully understand your new work standards at any level and in any environment, because if you want to be a good to great CEO, You’ve got to prepare to manage yourself at a higher level, and a t a much higher speed of decision making. And please do not forget that at the same level with you, will be the most powerful leaders in the world. And if you recall — when you entered for the first time in your CEO office, all your managerial life and all of your past didn’t matter anymore. It all became distant history, because the future is so important. Now you need to be permanently focused not on your job-position, but on the global image of the company and all of the business units, and on the global markets that those businesses fit within.

3) A CEO is no longer interested in giving speeches or sharing memorable words, but he is far more interested to decide, execute, live and work by the code. The great CEO has to be able to understand the entire Company, at any level: from the cash position daily, from the income proceeds, from the comptroller’s reports, and from the growth charts. There is another key part of the business process, and that is to bolster and maintain the healthy global image of the company that the CEO leads, and to bring this image daily to the global market. The personal image of the CEO doesn’t matter so much in relation to the company because good CEOs are not preoccupied with personal pride. it would be inappropriate to get a peacock for this job — and yet it happens all too often. Admittedly the CEO is a person of power that executes through the simplicity of clear communication down the chain of command. Also it’s good to remember that a CEO does not speak about personal success. This is not suitable matter on a CEO speech. He knows how to lead the company to the profit, market growth, and success, as required by shareholders and the multiple bottom-lines one needs to observe. He knows how to make the whole army of Mid level execs and Mangers to move the entire entity towards innovation and functionality, at maximum efficiency and speed.

4) A CEO needs to meet as many people as soon as one can, and meet them where they live and work: Over the past year I have met in small groups or individually with as many key stakeholders and Investors as well as shareholders of my Companies as I have been able to humanly do. This was clearly the right thing to do because I always learn something from people who have different perspectives from my own. “The benefits of diversity” is more than a cliché; actively listening to diverse stakeholders makes you a better leader.  And I have always found it is better to meet people where they are, rather than in my office. It is an unwritten rule of business that meetings take place in the office of the most senior person involved and although that is convenient for people like me with wall-to-wall meeting schedules, and an air to air lifestyle — still out of respect for others I meet them in their rooms or we choose to go together for a walk in the park — which is the best meeting method by far for me and my colleagues. But it is not only a valued mark of respect to meet people where they feel at home, you also tend to learn a lot from being in their environment.

5) Leading by “aspire, inspire” is always better than top down “command and control” which in modern smart & inherently decentralized enterprises where people tend not to respond well to being told what to do, even if you have the formal authority to do so — it work miracles. Therefore, communicating a clear vision of where you want to go and then doing all you can to persuade others to join you on the journey is the best leadership strategy in Large Enterprises. But I am struck that in organizations where the chain of command is everything, such as the military, and old fashion large enterprise, the aspire/inspire leadership is what sets the real leaders apart from people who just use elevated positions to tell people what to do.

Care to guess who the next CEO of Coca Cola, Microsoft, Google, Apple, or even the WHite House will be?

Will he be a natural born Leader who inspires & aspires, or a top down hierarchical person?

I will take bets on this later today…

PLMK

Yours,

Dr Kroko

PS:

By the Way, being authentic is the best way to lead, but it’s not an excuse for not thinking before you act. The obvious benefit of authenticity is that we are all better at being ourselves than being anybody else. We call it our personal comparative advantage. And as community breeder that we are — we are all at the same time ourselves only.

However, you do this, it doesn’t matter. Just make sure to always strive to be mindful, self-aware, self-reflective, and ruthless in your compassion for others.

Always ask yourself and your subordinates: How is my behaviour affecting all the people around me, and by extension everyone else in the organization and beyond?

Think Ripples in the pond…

Is the way I am at work reflecting who I am as a person?

We are all playing professional roles at work. But the best way to succeed at work is to be your fully honest best self.

Do this and don’t expect any aclaim or aplomb, because True Leaders only do this for themselves, and for the good of the whole Organizational Entity fully knowing that they bring out the best in everyone else around them — when they are willing to bear anything and everything.

Leadership and winning is not a popularity contest for Miss America — it’s plain old school Bloody War.

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Posted by: Dr Pano Kroko | June 27, 2015

Mind The Gap

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The Gap is here…

The Gap is there.

The Gap is everywhere.

The Gap exists somewhere between your feet.

The Gap is found squarely between what you say and what you do.

The Gap commonly exists between what you promise and what you deliver.

The Gap is the Chasm, the great cleavage, the abyss that swallows your pride.

This is the Gap we are talking about. The one that rests between your ears, or simply between your words and your deeds.

The Gap between your Imagination and your Application.

The gap is there…

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It’s the Gap we are confronted with in Business Negotiations.

It’s the Gap between Policy and Application of Governmental Policy.

It’s the Policy Drift we all sense when we deal with Politics.

It’s the Law of Unintended Consequences…

It’s the gaps all over the place.

It’s the gap that kind of looks like the “Mind The Gap” of the ancient London Subway.

The imperfection in fitting the rail car design of the Tube, with the concrete where it meets the terminal Station platforms.

The empty space where the train meets the Station.

That Gap that acts like the space between the subway cars and the passenger platform as if to catch the falling bodies in it’s inky black embrace..

The Gap in the subway tube platform where sometimes whole humans fall through to their demise.

The Gap in the side of the road is where some people get kicked to the proverbial curb.

And this is the gap where some Lives drain away, just like rain water that escapes, the tarmac.

The gap is just as wide as you allow it to drain your power away.

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Know this for certain:

If there is a difference between your words and your actions — your power surely will drain away like rain drains off the road.

So please do this one thing to hold onto your power:

Observe yourself everyday…

See if your words and actions are somewhat aligned.

And that is Golden.

Yours,

Dr Kroko

PS:

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If you want Relief — You need a Coach…

Ask someone else to verify for You the reality of your Gap.

Ask them to observe if what they saw you practice is true blue.

Ask them if what you do is aligned with what you say too.

Feedback is the food of all positive change.

And maybe someday You’ll go upstream and see that Your Thoughts can get aligned with the rest of You too…

But that’s another ball of wax entirely.

Yet that’s how You fly above any gap…

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