Tuesday, May 22, 2012

Traders Rent their organisations to professionals?


1.       Professionals will at best make conversation with other professionals at the peak of their career. They will seldom enjoy a power to make institutional impact or develop their vocations as intrapreneurs in their own light. To accomplish a power of movement and steering for industry impact, the trader investor in charge has to use an alternate mind-set to accommodate the power and vocation of professionals.

2.       A trader’s insecurity is not merely from the issue of management control. It is the misplaced glorification of erstwhile measurements. E.g. Operating margins as goals in an economy where cash and profits leverage on intangible assets are contrasting enough. To persist with hard measures of the past would be an oversimplification of emerging reality. Despite being prime servants of the IT services markets, Indian IT industry failed to codify assets required to build indigenous capabilities and pioneer novel creations from its own people. Even the habit to file for patents was systematically discouraged to edify the competing attention on costs of developing and filing for patents. The financial profession may have let go the opportunity to set new standards and measurements in accounting itself in this respect.
3.       Learning and knowledge management have long been advocating the shift from physical assets to knowledge assets that Alvin Toffler foresaw in the 1980s. Learning and development has been sub-servient to the dominant financial controls.  Organisations governed by the trader mind-set fail to fulfil the potential their human assets represent. A value alignment at a personal level may be a benign foundation for an employment contract, but hardly a robust one to sustain the renewal and regeneration between the owner and the employee.
All in all, the future calls on the courageous and the unfulfilled to live their highest sense of their vocations and their dreams. They will have to befriend the fears of traditional traders in businesses, in an embrace that will create distinctions of evolutionary appeal and perpetual self-observation.  

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