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Radicalising business @willmcinnes

Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

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The presentation from Will McInnes' talk on 'Radicalising Business' at TEDx Brighton in February 2011. Presenting the huge opportunity for business in understanding and harnessing Happiness, Openness and Participation at work. Official video here: http://www.youtube.com/watch?v=iaZUxTo3ih0

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Page 1: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

Radicalising business

@willmcinnes

Page 2: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

Intro

By the champ User:Martinroell [CC-BY-SA-2.5 (www.creativecommons.org/licenses/by-sa/2.5)], via Wikimedia Commons

Too often, business is about extraction – sweating the assets, taking out the goodness

Page 3: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

Earth?

By NASA. Photo taken by either Harrison Schmitt or Ron Evans (of the Apollo 17 crew), via Wikimedia Commons

We know this isn’t sustainable

Page 4: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

Intro

@willmcinnes

But business can be good too. Independence, agility, possibility, opportunism, results.

Page 5: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

Happiness OpennessParticipationEnergy

Page 6: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

Happiness OpennessParticipationEnergy

Page 7: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

What is the meaning of LIFE?

Page 8: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

Whatever the answer, we don’t seem to act according to our real priorities in life – especially in business

Page 9: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

American Time Use Survey, U.S. Bureau of Labor Statisticshttp://www.nytimes.com/interactive/2009/07/31/business/20080801-metrics-graphic.html

After Sleeping (!) Work is our second biggest use of time – shouldn’t we enjoy it?

Page 10: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

1. I wish I'd had the courage to live a life true to myself, not the life others expected of me.

2. I wish I didn't work so hard.

3. I wish I'd had the courage to express my feelings.

4. I wish I had stayed in touch with my friends.

5. I wish that I had let myself be happier.

Top Five Regrets of the Dying by Bronnie Warehttp://ezinearticles.com/?Top-Five-Regrets-of-the-Dying&id=3268063

Page 11: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

http://www.flickr.com/photos/michaelfoleyphotography/4294112069/sizes/o/

In Bhutan, Gross National Wellbeing trumps Gross Domestic Product – and people are happier

Page 12: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

In our little company we measure happiness every day – a small step on a much longer journey

http://www.nixonmcinnes.co.uk/2010/09/28/is-everybody-happy-measuring-happiness-in-the-workplace/

Page 13: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

Imagine happiness!

What would it be like it you and the people around you were happier at work, if happiness was taken seriously, and if all of that human potential was unlocked?

Page 14: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

Happiness OpennessParticipationEnergy

Page 15: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

How it is:Business isn’t generally very open – more like a tightly shut down briefcase, full of secrets good and bad.

Page 16: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

But we know that the world is becoming radically more open. We can hide from it, or harness the power of Openness.

Page 17: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

More and more businesses are using openness as a business tool. In bonus schemes, financial information, problem solving via crowdsourcing, and in turning supply chains into more open, collaborative ecosystems.

Page 18: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

Imagine openness!

If more of the topics that people inside business wondered and gossiped about were made open, if more of the problems that businesses were stuck with were shared externally to be solved, if more of the feedback that was stifled and unsaid was instead heard.

Page 19: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

Happiness OpennessParticipationEnergy

Page 20: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

Gen Y /

http://www.flickr.com/photos/cdevers/4602805654/sizes/l/

Most businesses don’t really champion participation, though they may talk the talk.

Page 21: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

http://www.flickr.com/photos/ahhyeah/454494396/

I was inspired by the story of a cardboard box factory in the United States that operated democratic working principles to get a competitive edge.

A business where Participation was a real force.

Page 22: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

My Semler story

That story led me to the root of their inspiration: this book about a company called SEMCO. Please buy it and read it.

Page 23: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

In 1990 the Brazilian economy went into a severe downturn.

• Workers agreed to wage cuts• Their share of profits was increased to

39%• Management salaries were cut by 40% • Employees were given the right to

approve every item of expenditure

In 2003 Semco had annual revenue of $212m from $4m in 1982.

Page 24: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

Democracy at work is rapidly becoming mainstream business thinking.

The brilliant people at WorldBlu are helping businesses worldwide to celebrate and improve their democratic working practices.

(This best-selling book is also useful!).

Page 25: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

But I can’t pretend it solves all problems. I regularly get mad at the state of our kitchen :)

Page 26: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

Imagine participation!Imagine how it can be if the people affected by decisions were able to effectively participate in them, the problems that businesses can solve when they unlock the full contribution that their people can make, and the commitment that is gained when decisions don’t just emerge from the top but from all directions.

Page 27: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

Happiness OpennessParticipationEnergy

Page 28: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

What kind of business do YOU want in the world?

This is the fundamental question for all of us.

Page 29: Radicalising Business through Happiness, Openness & Participation - Will McInnes at TEDx Brighton

I believe we can radicalise business.

I believe in Happiness, Openness and Participation at work.

If you do too, please share these ideas.

Thank you.@willmcinnes