A new economic morality for b2b?
In this very
compelling and thought-provoking presentation, Umair Haque presents an
alternative perspective on the current economic situation.
Part economic
treatise, part manifesto, he first discusses how the situation we find
ourselves - the bankruptcy of the western economic model - was fuelled by the
pursuit of what he calls 'thin value': not real value at all, but about
creating perceived value out of nothing in a self-centred and unsustainable way,
and not benefiting the greater-good at all. The
result of this he calls is the 'Zombieconomy' - industries and corporations now
worth nothing. Great phrase.
Interestingly, he then
argues that for the economy to grow we need to re-conceive value creation, and it
needs to be based upon providing real value all the way through the economic
chain. To be based more upon
principles than strategy. It's
certainly and interesting perspective on where we find ourselves now and
definitely worth 20 minutes of your time to view it yourself. He has some interesting examples.
To me it seems for B2B
brands, taking up the positions of leadership, stewardship and trusteeship Umair
talks about could provide the potential to become truly different and to grow
sustainably out of the current crisis.
Offhand, I can't think
of many in b2b who are really taking this kind of approach right now. Do we think that the up-turn will come and we'll be back to
how it was before? View the
presentation and let me know your thoughts.



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