Tag: growth

  • Growth, Prosperity & Infinite Games

    One of the things that struck me in Douglas Rushkoff’s “Throwing Rocks at the Google Bus” was how much the line of thought on growth resembled the “infinite game” philosophy of James P Carse. In the former, the author explains how, as money becomes an end to itself as opposed to a means, a system built on a central currency gets into a growth trap. i.e. growth for the sake of growth. To frame it in the second book’s context, this tends to be a zero-sum game for all involved. There is a clear winner, and that winner takes all. i.e. a finite game.

    Rushkoff explains how at this point in time, platform monopolies, (e.g. Amazon, Uber, AirBnB) and businesses in general, are playing finite games. And that is how growth has become the enemy of prosperity. In the second half of the book, he calls for more sustainable (and inclusive) ways of growth. This has much in common with Carse’ definition of an Infinite game, whose only purpose is the continuation of play, and sometimes, bringing more players into the game.  (more…)

  • The evolution of growth

    The decreasing life expectancy of Fortune 500 companies is no secret – from about 75 years half a century ago to 15 years now! Martin Reeves’ TED talk “How to build a business that lasts 100 years” becomes all the more interesting in this context.

    On the one hand, there is the day to day pressure of meeting business goals (read metrics) while on the other, there’s really no telling what black swan event in the business’ landscape might happen. As the thinking goes, the business would have to monitor changing consumer needs and ‘disrupt’ itself before others do the job for them.

    The Four Horsemen seem to have an ability to balance these two forces quite well. Microsoft is now reviving itself. That would explain why they are now pretty much platform monopolies who increasingly have only each other as competition. Most other businesses focus predominantly chase growth, with efficiency as a key driver and corresponding metrics as score keepers.  (more…)

  • A worked up future

    One of the most fascinating reads I’ve come across online recently is Breaking Smart. I’ve only reached Chapter 5 of 22 in Season 1, but it’s already given me a whole lot of insights and perspectives not only on its primary premise – “software is eating the world” – but also on the future of work and employment, an area I have been very interested in for a while now. Chapter 3 (Getting Reoriented) for instance, dwells upon how classic generational conflicts of previous eras is playing out as an economy-wide technological disruption now. This chapter also talks of the dilemma that pretty much everyone faces these days, (though I can’t be sure how many have thought about/acknowledged this) should I abandon some of my investments in the industrial social order and join the dynamic new social order, or hold on to the status quo as long as possible?  (more…)

  • Growth, or the lack of it….

    At every cross road, there are opportunities that have not been taken. There are choices that have been made, options that have been taken, the first with a steely resolve, and the second, with a sense of compromise. The first is more often than not, a happy tone that comes from knowing exactly what we want, and the second one is a tone of resignation, which comes from knowing somewhere deep inside that by giving up a little, much could have been gained, if only we could bring ourselves to do it, if only we could be sure…

    I’ve always wondered about why I have a problem with giving up a few comforts, a few perks, a few advantages in life, especially if it means I could have an opportunity to connect with what I was meant to do in this life. At first, i thought it could be because I wasn’t sure what exactly it was. But then, I was even giving up chances of finding out what it could be.

    I came across a new logic a while back. One thats rooted in my small town origins. Of course, its no longer a small town, its what they call a tier 2 city. 🙂 Growing up in a small town means that you’re always on ‘add to shopping cart’ mode in terms of aspirations. Growing up in an age when the cans of cola in the hands of videsi relatives evoked a sense of envy, didn’t help. While a lot of the shopping cart items were thrown out with age and what I hope is maturity, there are some deep seated ones which are difficult to get over. Which explains the constant striving for growth. And as each upgrade is done with, it becomes more difficult to give up what has been achieved after so much of work has gone into it. While it can be argued that the potential growth by letting go is much larger, or that the movement is only lateral, when you come in from what is relatively nowhere, it is difficult to imagine even risking going back there.

    until next time, hedging the bets