an article by Adam Lent published in RSA Journal Issue 2 (2014)
Governments, business and our institutions need to make the most of the technologies and methods that are transforming our economy.
The economist Eric Beinhocker once wrote that for 130,000 years of human history not much happened economically before all hell broke loose 250 years ago. He was not wrong. There were explosions of inventiveness, such as during the Roman Empire, but these would come to an end with the fall of the political system that sustained them. Average incomes improved at glacial rates: in the first century, most people could expect an income of around $1.20 a day; by the 18th, it had risen to $1.70.
This all changed in the late 1700s. Britain became the birthplace of an extraordinary revolution that would come to transform the world. Modern capitalism was being built on the back of an enormous flowering of commercial innovation: new machines, new products, new production systems, new business structures and new markets came to life.
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Showing posts with label RSA. Show all posts
Showing posts with label RSA. Show all posts
Monday, 5 January 2015
Can investments in better connected Cities make us happier?
via the City Growth Commission Blog by Thomas Hauschildt
Happiness and well-being are often used interchangeably. However, happiness is associated with the pleasant feeling accompanying certain events which then contributes to the general state of our well-being. Subsequently, unhappy experiences reduce our state of well-being and the reduction of those experiences should be at the heart of policy decisions.
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Lots of links to other interesting items.
Happiness and well-being are often used interchangeably. However, happiness is associated with the pleasant feeling accompanying certain events which then contributes to the general state of our well-being. Subsequently, unhappy experiences reduce our state of well-being and the reduction of those experiences should be at the heart of policy decisions.
Continue reading
Lots of links to other interesting items.
Wednesday, 21 August 2013
Hospitals: human bodies?
Medical institutions must not let the drive for greater operational efficiency undermine the essential qualities necessary for organising care
an article by Dr Robert Farrands FRSA published in the RSA Journal (Summer 2013)
The Francis Report on the failure of the Mid Staffordshire hospital describes in detail a form of organisational hypertrophy: a state when some organs of the body are overnourished and grow at the expense of the whole. This condition prevails in organisations when a limited number of a rich complex of concerns and practices are singled out for special attention. As a result, the chosen aspects become vested with undue significance, while other equally important features are overlooked.
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an article by Dr Robert Farrands FRSA published in the RSA Journal (Summer 2013)
The Francis Report on the failure of the Mid Staffordshire hospital describes in detail a form of organisational hypertrophy: a state when some organs of the body are overnourished and grow at the expense of the whole. This condition prevails in organisations when a limited number of a rich complex of concerns and practices are singled out for special attention. As a result, the chosen aspects become vested with undue significance, while other equally important features are overlooked.
Continue reading
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