Anarchy vs. Organisation

Mary Walshock, the founder of Connect San Diego, argues that an innovation ecosystem should be more like a rainforest than a plantation. We want to encourage cross fertilisation, experimentation and, yes, endure some failure if we are to find a new species of business that can thrive by doing things and solving problems in new, improved ways.

Can you project manage this activity or plot a linear path towards success? Once something emerges from the 'forest' that works, then the emphasis needs to shift towards control, replication and nurturing with a 'plantation' mentality to leverage value. These stages of a companies development are very different and the people that revelled in the early-stage anarchy may not be best suited to raising things in straight lines to regimented schedule.

Maybe like organising your Outlook folders, falling between these two extremes may be the worst of all worlds. Let me explain: have you every tried searching for an email in Outlook? If you organise your folders you have to search each one in turn. Its much simpler just to put everything in one folder and rely on a global text search a la Google. Being either totally anarchic or amazingly organised is the perfect state in Outlook, but anything either way is less perfect.

My Outlook analogy says putting a plantation grower in charge of cultivating a forest isn't the most productive approach, but isn't this exactly what happens most of the time? Is partial cultivation as much an oxymoron as organised chaos?

Gender-Based Finance

Budget 2008 introduces a package of measures to support small businesses access the finance and resources they need to start up and grow. What caught my eye was the announcement of a new £12.5M capital fund to invest in businesses started by women.

I have trawled the HMRC website to try to find out more about how is that going to work but to no avail. Most businesses are built around a team, not one individual. Can men be part of the management team and have any equity share? What if other outside investors gets involved that have more testosterone (chemical structure shown) than they should?

Plenty of companies relocate to access geographically-constrained finance. Are we now going to see the first sex change to gain funding? Surely there are better ways to encourage female entrepreneurs than this. Creating an ecosystem that nurtures and support people seeking to build a business would be a better use of this money than distorting the market in this way. Investors should be backing bright ideas and good people, not worrying about genetic makeup.

New Beginnings

Seven of Yorkshire's most innovative companies were recognised for their enterprise at the Innovator/08 awards. Former politician Michael Portillo hosted the evening and presented the winners with their awards. Medipex took the Innovation Champion Award sponsored by Connect Yorkshire.

As one of the few people that has successfully made the transition from politics into the media, in his preamble to the prize giving, Mr. Portillio eluded to his 1997 election defeat and subsequent humiliation on a number of occasions, noting that failure offered new beginnings and that people that had only tasted success lack a certain roundness of perspective in their DNA. He also discussed the benefits of teamwork and camaraderie that those at the top might lack exposure to. Some pivotal moments in politics were the result of an isolation leader making fundamental errors of judgement, partly due to this isolation.

This has similar implications in business where the CEO can benefit from a sounding board for ideas and a sanity check on the direction he or she is taking the ship in. Our new Springboard initiative is worth a look with regard to this.