First blog of 2012

Yesterday through a twitter contact, I downloaded an HBR article called ‘How Great Companies Think Differently’ by Rosabeth Moss Kanter. It was published in November 2011 (http://hbr.org/2011/11/how-great-companies-think-differently/ar/1 ) and I was surprised to find what she calls Great Companies were what we would call a Self-Renewing Organisation which we had written about in 2009 in our book “Beyond Crisis”!

I find myself surprised and gratified (thank you Ms. Moss Kanter!). She reckons there are six facets of what she calls ‘institutional logic’ (as opposed to financial logic) which serve to alter leadership and corporate behaviour. They are:

• Common purpose and values
• Long term view
• Emotional Engagement
• Community Building
• Innovation
• Self-Organisation

These can easily be translated into the Five Qualities we identified that organisations need for renewal (Values, Insight, Options, Narrative and Machinery). In the end, it doesn’t really matter which model you use; what matters is that businesses understand the need for renewal and have some clear ideas on how to make it work for them.

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Thought piece from our newsletter.

A few weeks ago I attended a debate to launch a colleague’s new book[1].  The topic for debate was “Could better corporate governance have saved the News of the World?”   Afterwards a vote was held and the argument against won the day.  In other words, it wasn’t just that that the rules for governance didn’t work, it was that they could not – in their present form – work and that we needed to start with a fresh slate.

To be fair, the rules we currently have, ought to work if companies were properly responsible and thought about the good of all, but in our current reality they do not.  This is largely due to the fact that companies believe that their primary responsibility is to their shareholders and only after that (and in some cases, long after that), to anyone else. This is because today the majority of us – as individuals and in organisations – focus on the short term and instant gratification to the detriment of the longer term and the good of the greater ‘we’.

…to read more, please see Newsletter 21 in the archive.

And for fun, have a look at a clip which may explain some of the issues we are facing here in Europe…EU


[1] Adrian Davies, “The Globalisation of Corporate Governance.”

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Hello world!

Welcome to the LASA blog.  Watch this space for our new blog and do let us know what you think of our new website!

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