eSAMI for February
As 2013 gets underway, SAMI with Laurie Young held a “Blowing the Cobwebs off your Mind” event at The Royal Society to explore how business models are changing and how organisations can anticipate and benefit from the changes. If you would like to see the output from this event, or be advised of future events, please contact us on firstname.lastname@example.org.
SAMI Associate Director Jon Soar has written on Seven Things Executive Coaches Should Know About Scenario Planning – as he points out “There are fundamental similarities between coaching and scenario planning. Coaching is concerned with the ‘here and now’ and the future, not with the past. So are scenarios.” The full article can be found on the SAMI blog, https://samiconsulting.wordpress.com.
John Kay gave an interesting lecture – based on his report “Report on UK Equity Markets and Long-Term Decision Making” http://www.bis.gov.uk/assets/biscore/business-law/docs/k/12-917-kay-review-of-equity-markets-final-report at a Tomorrows Finance event. He felt that building trust and confidence in financial services must be based on changing behaviours, and discussed the symptoms, diagnosis and treatment around behaviours. On treatment, he identified three areas which need rethinking: fiduciary standards, regulatory system currently focused on internals, and the separation of investment and trading from retail banking. However he felt that a breakup of current banks to achieve the separation was unlikely. The issue of taking decisions for the long term is of course behind Long Finance.
We are working with Long Finance on a research project “Fairness and Finance”. The question is whether fairness is culturally transferrable as an organising principle for financial services. The project specification is on the web site www.longfinance.net – we are looking for a Masters student to do the research, and a financial services firm to fund it. Any thoughts on either a researcher or a sponsor, please contact us at email@example.com.
To follow up on any of these items, contact us at firstname.lastname@example.org