2011 will be different

Back to the blog after something of a gap. I'm really interested to see how managing and management will be changing (if they do) in response to the economic changes and the prevalent job cuts.

I guess that we'll all need to be paying attention to managing our own lives as well as managing in our jobs. The principles of managing well can apply to everyday life as well as to succeeding in an organisation. "What are my desired outcomes for this year?" is a question worth asking, as well as paying attention to what the organisation expects from you.

I'm seeing changing views about the expectations of the for-profit sector. Michael Porter, the guru himself, is talking about social value as well as return to shareholders. I wonder how (or whether) that will play out in practice.

http://fsg.org/tabid/191/ArticleId/241/Default.aspx?srpush=true
Creating Shared ValueMichael Porter, Mark Kramer.

Creating shared value involves value creation for business that simultaneously yields more profit and greater social impact, resulting in powerful transformations and opportunities for growth and innovation in both business and society. The concept of creating shared value focuses on the connections between societal and economic progress, and has the potential to unleash the next wave of global growth and competitive advantage.

Harvard Business Review, January/February 2011.