Consuming Thoughts: R

R is for (Re) That Begins the Begin. Michael Stipe: Let’s begin again. Begin the begin. Yes, REM again. It is slowly dawning (at least publicly) on key economic muckety mucks that a straight line growth model for business and the economy driven by relentless consumer spending may not be the direction we want to continue heading in. From No more reliance on consumer spending: Volcker on the Reuters site:

Consumer spending accounted for 70 percent of the U.S. economy before last year’s economic meltdown, a level that Volcker said was sustained only by “the magic of financial engineering.”

“We cannot rebuild the economy to the tune of 70 percent consumption or housing booms. It will just break down again,” Volcker said.

“We cannot have so much consumption.”

Begin the Begin. Volcker’s position is that we have to shift our paradigm from one of endless production and consumption of stuff to one of innovation and creation of value through projects like infrastructure development, “green” technology, energy efficiency and (re)trofitting of existing buildings. For consumers that means a strategic (re)direction of our spending. Instead of accumulating stuff how can we (re)orient our spending to create value?

Can we (re)invest in community?

Can we (re)trofit our homes?

Can we (re)duce our mindless buying?

Can we (re)place waste generating habits with value generating ones?

Can we (re)cycle the waste we do produce and the stuff that we do buy?

Can we (re)pair things instead of throwing them away?

Can we (re)use things and the things in things?

Can we (re)fuse that which is wasteful, poorly designed and, essentially, junk?

Can we (re)direct our spending on things, businesses and services that strengthen the Value Web?

You get the idea. Feel free to add to the (re) list and, please, begin the begin.

Tags: Begin the Begin, consumer spending, energy efficiency, green technology, Michael Stipe, Paul Volcker, recycle, reduce, REM, repair, retrofitting. reduce, reuse, Reuters

Sustainable Leadership-Generating Value

In this third post on the practices of Sustainable Leadership, I want to look at the process of Generating Value.

Value is generated when resources are brought together. The quality of the value created depends on the quality of the resources and the quality of the space and dynamics of the combination process. Sustainability depends on what those resources are, how their use affects the systems around them and, simply, on what value is being generated.

Generating value is a key function of leadership. The quality of the value we generate as leaders depends greatly on the quality of our practice. If we are talking about people, we want to attract the RIGHT people to help us be as effective as possible.

Who we attract depends on who we are: our presence, perceptiveness and the power of our vision and conviction.

What we can do depends on who is with us and what we, together, can create. If we are talking about creating green technological innovation we need people who not only have the knowledge, skills and experience but also share a similar sense of mission and belief in what is being created. The “green-ness” of the innovation is related to how deeply we delve into the value generating process.

Quick question: how “green” is innovation when the materials and processes to create it are damaging to the people and eco-systems involved in the creation?

It is no longer enough to be an inspirational, visionary leader. It is no longer enough to simply foster and generate creativity and innovation. It is no longer enough to be wildly profitable. It is no longer enough to simply be successful. It is no longer enough to live comfortably and provide solely for our families. 

Sustainable leadership is about quality: the quality of inspiration and vision we create. The quality of creativity and innovation we foster. The quality of our success. The quality of comfort for all that we touch and embrace. 

Look around you, what value are you generating and what is the quality of that value? Is it sustainable? How do you know? 

Tags: green innovation, green technology, presence, sustainable leadership, value generation