Constrained resources

Fabulous roundtable discussion this week hosted by Blueprint for Better Business, a vibrant mix of thoughts setting the groundwork for a planned gathering at the RSA in March. Among my favourite comments were:

“All resources are constrained, so all decisions disadvantage someone.”

“But too often companies operate under the assumption that constraints do not exist.”

“The benefit of constraints is that they drive challenge and innovation.”

“The word equality deadens conversations.”

“Business needs to be underpinned by fairness as it needs cooperation, it is always based on contracting with other parties.”

“We need trust to do business — not all payments are held in escrow.”

Funds industry must aim for fairness

My article, published by @FT today (hard copy Monday October 22nd):

‘We need to make the direct benefits of business apparent to many more people’

“An unfair capitalism will never regain people’s trust. Science, however, suggests we do not need to seek equality to generate trust. Rather, we need to aim for fairness. This will give us a chance of a financial system that people can believe they have bought into.”

https://www.ft.com/content/ab554c2f-b627-3dc0-8d4a-50953e55b790