This podcast episode brings you a cube from EconTalk.org episode titled Garett Jones on Macro and Twitter .
The specific clip deals with building patterns, processes, cultures and organization capital.
[audio:http://www.startingcube.com/cube0003-building-daily.mp3][mp3 – 5:13] One-Click Subscriptions: Zune : iTunes : RSS
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What came to mind as you listened to this clip?
I try to be in the constant practice of asking myself before, during, and after every task…
“Am I being the cog in the machine, or am I being the designer of the machine?”
Jon,
I will agree that it is essential to the success of any organization to focus on the “how” (processes and systems) that the job gets done. I find it ironic though, that the example used in this clip “Fannie Mae / Freddie Mac” had great processes (being used as an example in this clip) but the model was flawed, bringing to light the second half of this is that it isn’t just “how” you do it, but the “what” and the “why” have to be sound, or the business will … well, be asking for a bailout.
great thought, Thomas
Along those same lines – even if the org is doing everything good or correct, but later they change what they were doing (many believe this is the case of Fannie & Freddie) then they can stumble & fall.
I might pull in a clip from Jim Collin’s How the Mighty Fall where he addresses questions of “his findings in light of companies he highlighted as good examples later bankrupting, etc”.