Crushed by scale

Photo by Mikito Tateisi on Unsplash

What if your process is simply scaling up doing the wrong thing?
What if your improved technology enables you to do that wrong thing even faster?

We often talk about the economies large organisations gain through scaling. But doing more of the wrong thing, that's the diseconomy of scale - and the crippling drag on the value of change.
So while we marvel at the new things, we must never be distracted from the need for new ways.


Digital Transformation is little more than a new thing to marvel at (an expensive tech upgrade) - unless it is accompanied by a shift to insight-led, value focused innovation as the organisation’s default way of working.
And while ideas are great, value is better. And continuous value creation is best.
To get to best requires tested frameworks, the right expertise, accelerators and approaches,. And they must be delivered in a repeatable, human-centred and transferable way.

And only once you are proving value... then you scale.

A tax on virtual currencies: And other ways of sharing the wealth

The Chinese government is planning to introduce a tax on virtual currencies.

This (via Dan) is apparently leading to confusion and consternation in virtual gaming circles.

I'm a little surprised there's so much surprise. All currencies are virtual. They get based on a bedrock of value. Once it was gold. But which nation remains on the gold standard now?

I'm not an economist. But it seems to me that valuation built on the creativity imagination and productivity of a population is as good a basis as any. (image courtesy)

And isn't that what a virtual currency values, too?

We really shouldn't be surprised when treasuries want a piece of the profits that this creates for ALL those taking part and benefiting.

If you create value, while there remain inequalities, expect some of that value to be redistributed.

Now. Has my stock risen or fallen with that last post? ;-)

There's no tax on thinking. Yet. But if I get paid for my thinking, there is.

That's why it seems reasonable to me that any treasury wants it's share of virtual currencies too.

But that's just my snap judgement. What do you think is right or wrong about how value created in this way, or in the networked world in general, gets redistributed?

How could the new fiscal rules be drawn?