Do you know what you want?

Do you know what you want?

A long time ago I was at a seminar by an upbeat American whose particular brand of snake oil was about how to get what you wanted in life. His specific pitch was creative visualisation.

Waved along by an expensive Italian suit he had people tell him exactly what they wanted in life. It was not enough to want a house with a picket fence. The deal, he said, is to know exactly where the house is, which suburb, street, and all the details right down to the shade of white paint and the distance between the rails on the fence out front.

Most of the people he asked to describe such detail did not have a clue. They had only a vague notion of what they wanted out of life.

Of course this worked like a charm for the charmer. “It’s all about visualisation you see.” He said, once again waving his arms. “If you can’t describe exactly the items you want you will never be able to get them.”

No surprise this has become a popular concept and not just because we are besotted with goods and chattels. Knowing what we want does motivate and guide our actions. Back in the day it got us out from the relative safety of the thicket onto the open plains where there was more risk but also success to be had, perhaps even a tasty warthog.

Today’s versions of warthog might be a new flat screen or the European coupe with the cute front grill and alloys, but the visualisation of things remains a strong motivator.

What do we want politically?

Wanting for things is easy but there is no reason it should not stretch to wanting a certain type of society with specific combinations of rights, freedoms, economic leanings and relationship to the past.

My hunch is that we don’t think of politics this way and have just as much trouble visualising what we want for society as imagining the most desirable garden border.

Clearly it is hard to see the radical-left or far right or Third Way as a tactile thing and so it is easy not to visualise our political stance at all. We don’t discover the detail of what our innate political leaning looks like in the smartphone world.

This is not about how you vote — the choice you must make among your countries versions of major party left or right or centre or even wether to pitch up to the voting booth. This is about what your leanings actually look like. How far apart are the rails on your radical-centre fence?

First you need to know how to place your innate political leanings. Where on the confusing spectrum of ideologies will you feel most comfortable?

Grab your smartphone and ask Google or Siri to search ‘political ideologies’ and click on the Wikipedia entry to see a very long list of the options. More simply you can follow these links to the main flavours

Left wing politics

Centrist politics

Right wing politics

Remember this is not about whether Wikipedia gets the ideological description correct, leave that never-ending argument to the political philosophers. Just pick the description that resonates.

In a jiffy you will have a description of the philosophies that align with feelings that always made you a staunch republican or so excited by Bernie Saunders vision of progression.

You will get to know what you feel about the tricky balance between personal and social responsibility — how much the government should interfere.

You’ll find yourself thinking about just how much capital should be allowed to flow and businesses encouraged with or without a social safety net. And, as former Australian prime minister Kevin Rudd was want to say, just how much of ‘a fair shake of the sauce bottle’ people should get.

You might even make sense of the Brexit decision and the new US president-elect although these events might be a stretch.

What you will find is that visualisation is hard.

Even if you land firmly in an established ideology that describes a political system with strong personal responsibility and a social safety net built on a free market economy [left-centre in case you were wondering]. What does that look like for policy on terror, boat people, exploitation of coal seam gas, or tax bracket creep?

So just like most of the people who had no idea that there were even shades of white in a picket fence, political visualisation is not for the lazy minded. It takes effort.

Only it is time to start making those mental images.

What do you want citizenship laws to look like? Should farmland be dotted with gas wells or modest pay rises tipping you across into the next tax bracket?

It is a very good time to do this because the shake up is upon us. The sauce bottles are out.

Just ask Donald.

One million people

One million people

Consider a city of roughly 1 million people, Adelaide, Australia for example — Calgary, Canada; Bonn, Germany; Tuscon Arizona; or Bristol in the UK would do equally well.

Adelaide has two Australian Football League teams, a pro soccer team, two professional basketball teams, three Universities, a cathedral, numerous hospitals, many shopping malls, around 440 schools, an International airport, and a zoo.

There are over 400 suburbs arranged around a CBD that has high-rise office blocks that provide a common destination for a metropolitan public transport system that includes a fleet of over 1,000 buses.

There are doctors, dentists, lawyers, Artisans and actors; and enough skilled tradesmen to build or engineer almost anything.

In short, Adelaide is a self-contained community surrounded by enough farmland to feed everyone.

If it were possible to gather all the people who live in Adelaide into one, standing room only location it would be quite a spectacle. It is hard to imagine what it would look like.

There would people as far as the eye could see. Lay them down head to toe and the line would stretch 1,800 km — 400 km further than a road trip from Adelaide to Sydney.

Stand them in single file and the line would be 30 km long, similar to the queue at the post office.

Now having conjured the image of so many people in your mind’s eye put them all onto commercial aircraft.

Because 1 million is roughly the number of human beings who are, at any one time, airborne in commercial airliners making vapor trails around the globe.

This is both staggering and scary at the same time.

It is enough just to illustrate the scale of the challenge to provide life support to all the people we have made and still retain some environmental integrity.


First posted on LinkedIn

Merry-go-round

Merry-go-round

Suppose you are a smart person with considerable experience of the world. You have worked hard and sacrificed much for a stellar career that now has you among the CEO ranks. One of your rewards is a seven figure a year salary that puts you just shy of the top 250 CEO earners on 2014 numbers.

In a most peculiar turn of events in 2016, you go from being the CEO of a global environmental consulting firm to running a major power corporation and then, just six months later, you take over as head of the largest a private health fund in the country.

Not in a million years. Such career shifts are impossible in the real world. Consulting firm to energy company maybe. Even energy company to health fund is possible. But not from environment to industry to health in six months. Impossible.

Such career shifts are impossible in the real world. Consulting firm to energy company maybe. Even energy company to health fund is possible. But not from environment to industry to health in six months. Impossible.

Impossible.

Unless of course, you are a minister in the Australian federal government. Then you can make the change from Environment minister to Industry minister to Health minister in a jiffy. In your latest incarnation at health, you are responsible for a $65 billion portfolio. Quite some responsibility.

Somewhat surprisingly, your annual remuneration for handling the health of the nation is just $330,000 plus some expenses — but you have to be very careful indeed not to abuse any entitlements.

I’m not sure what is more bizarre. The merry-go-round of ministers running around the cabinet room and putting their bums down on the nearest chair when to music stops. Or the fact that they are paid such a pittance to take on huge financial and, dare I say moral responsibility.

Professor John Rice, writing in The Conversation, is optimistic that some positive policy settings can survive a similar revolving door of ministers in the science portfolio.  He may be right if all the newest minister has to do is keep on the innovation course and maintain the finding. Only it never is quite so simple.

The analogy with commercial firms is not a trivial one. CEOs steer their ships through turbulent waters towards profit. Shareholders demand that they do this wisely and the law protects their interests from incompetence as well as malfeasance. Rarely will the CEO survive without relevant experience and at least some knowledge.

Why should ministers be any different? It is just as important that they have at least some topic skills and experience in their portfolio even though their remuneration seems not to depend on it.


Monkeys like peanuts — more on CEO salaries

Banks

Banks

Banks are a handy invention. They provide a safe place to store everyday money and, so long as you a meet certain criteria, a place to borrow money for items too costly for everyday money.

Banks also have a stupendous business model. There is no more profitable commodity to trade than money. Everybody needs it and is prepared to pay a premium for access to it. This willingness to pay even helps banks manage their risk of not holding enough capital to cover their obligations because most people do the right thing and make their repayments.

Even psychology is on their side.

Despite such a stupendous business model bankers are sharp to opportunity and the squeeze to profit is ingrained in their culture.

Last year in Australia the four main high street banks declared an after tax profit just shy of $14 billion and account for around 80% of the systemic risk in the financial system. They play a big game.

And the rhetoric is that we need them to play. If the flow of cash stopped, then so would everything else. Our system of trade and exchange requires that both capital and cash flow. Deals have to be done to ensure that a new housing block is built, paying tradesmen and providing homes for people to fill with white goods and flat screen TVs.

Banks profit from all of these transactions as they provide capital, credit and a place to store cash for a fee.

The question is how much should they profit? Is $14 billion in profits fair? It is enough to pay roughly 176,000 people the average wage for a year or 400,000 people the minimum wage. The number of people recorded as unemployed in Australia as at November 2016 was 725,000.

Remember that profit is the money made over and above the cost of doing business, paying taxes, and executive bonuses.

Of course, some profit is distributed as dividends to shareholders and so is fed back into the economic system. And without this redistribution, the money would not have been mobilised toward profit in the first place. So care is needed here.

It is too simple to imply that $14 billion could make a serious dent in the unemployment rate. But it is worth a thought.

At what point does society collectively say that enough profit is enough?

Is the world changing?

Is the world changing?

Love him or loath him, infamous climate scientist Dr Michael Mann recently made an important point about Donald Trump’s rhetoric on bringing manufacturing industry back to make the US great again.

On the America Adapts podcast Mann suggests that to achieve such a goal, manufacturing in the US must embrace the energy revolution. Implying factories running on fossil fuel energy will not be competitive in a global market.

The only way a fossil fuel based industry would be competitive is if there were trade restrictions and tariffs to keep them competitive. This makes Trump’s anti-trade agreement gambit a typical business bully approach to finding a competitive edge that, in this case, US manufacturers would not have.

The evidence is that the energy revolution is well advanced. All over the world technologies are maturing rapidly to deliver distributed clean energy. It is realistic to believe the many mayors and governors that claim carbon neutrality for their towns and jurisdictions when their constituents are all up for a Tesla wall.

Today’s first graders, who will consume a fair amount of electricity in their lifetimes, may not know or care, but most of that energy will not come from a coal-fired power station.

This change from fossil fuel to alternative energy and the accompanying shift from centralised to distributed generation is exactly the one that was needed to tackle the climate issues Michael Mann is so passionate about. Only it is happening because it makes economic sense and not because of a limp international agreement made in a Japanese city or from late night breakthroughs in Paris.

Let’s not kid ourselves. The change is happening certainly. Only it is happening because the technology is becoming commercially competitive. So competitive in fact, that a US president is elected on the back of rhetoric to prop up his countries uncompetitive energy system and hold on to the past.

Does all this mean that the world is changing? Not really. Those first graders, who will spend more of their lives looking at a screen than the trees, may notice more wind farms and will drive an electric car they plug into ports on the street to share the energy captured from the roof at home. But they will also be fiercely competitive and, just like their parents and grand pappy, rely on markets to deliver their lifestyle.

They will work, eat, sleep, and procreate with their mobile device never more than an arm’s length away. They will earn money and use it to pay for their data plans. Not much will be different…

Unless, just maybe, perhaps, possibly…

All this distributed energy makes everything easier, and the system changes. If stuff gets cheaper and cheaper, maybe value is recognised in what people do and not what they have.

Here’s hoping.

News travels fast

News travels fast

Some things in life are awful. Accidents, trauma, disease can cut down anyone, at any time.

But when innocent people die from the violent act of another, words fail us.

We are left searching desperately for ways to console those most affected. When the violence is intended to intimidate we also find the need to console ourselves.

And we do. We support each other in the extreme times. Ways are found from putting out cricket bats to pavements full of flowers with the word spread far and wide through social media.

The good rapidly mobilised to push away the bad.

The modern world is so small that everyone knows about extreme events as they happen. We are so in touch that we feel close, almost part of the unfolding scene. In an instant, we are re-posting and commenting our thoughts and feelings. It is like a fire blanket thrown to suppress the flames.

And it works.

The Lindt café siege in Sydney in 2014 was a terrorist act but not about terrorism. The authorities figured this out quickly and refused to lay blame until they had more evidence. Experts came onto the television news and said the same thing reminding us that it is never smart to make assumptions about who was responsible.

So when irresponsible TV media sensationalised for their own ends the blanket smothered them. We don’t want to assign any credit by association, so those who did looked like chumps. Social media called them on their stupidity and shamed them for trying it on.

Instead, the focus was, mostly, on the collective coming together in mutual empathy because we all felt the same. Anger, fear and a little loathing yes, but also courage to stand together and stare it all down.

This new social pressure has the potential to change the reporting of tragic events. ‘If it bleeds it leads’ may still be true only it now has hashtags of uplift for victims and social support for everyone.

Maybe the days of the media mogul bent on global domination through fear mongering are coming to an end.

Wouldn’t that be a fine thing?

 

 

 

 

 

 

 

 

 

 

When in doubt start a new business

When in doubt start a new business

What I learned lately about… risk

I have made a career out of avoiding the safe options in favour of not knowing where the next contract will come from. On and off for over a decade I have worked for myself.

It means being your own boss and that is supposed to be good. But it also means you are your own marketing director, project manager, sales staff and tea lady.

There are times when so many hats sit real heavy on your head and you sag. It all gets too much.

The thing is the risk is addictive, probably in the same destructive way that gambling can be. So when doubt mushrooms out of the compost the solution is to take on more risk and start another company.

Here is the website.

 

Post-truth wins word of the year

Post-truth wins word of the year

It’s been a big year for post-truth, the word, culminating in the prestigious word of the year award from Oxford Dictionaries. Post-truth got the nod over Brexiteer, alt-right, adulating, and, wait for it, coulrophobia, an extreme or irrational fear of clowns.

Post-truth is a noun cum adjective defined as “relating to or denoting circumstances in which objective facts are less influential in shaping public opinion than appeals to emotion and personal belief”.

It has spilt from the lips of political commentators for months now as they grapple to explain away the outcome of public votes that defied all logical prediction. People must vote with their heart, not their head, how else could they ignore the obvious facts. It is post-truth.

Four hundred years ago William Shakespeare was inventing words all the time, some 2,200 by some accounts, including manager, addiction, and fashionable. He was a genius of course and used a language that readily accommodated an expanded vocabulary. He also had the knack for delving into the emotional palate of his characters and showing it to us through their speech. He also knew that facts were incidental to this emotional cauldron that was the real source of any story. He would have understood post-truth immediately.

In my day job at alloporus environmental I interpret scientific evidence for people making business and policy decisions. We have so many objective facts available today that interpreters are needed to filter out and explain those that are useful. It is a great job for a process scientist who is as fascinated by how we generate and decide on evidence as by the facts themselves.

So I review scientific literature, crunch numbers into scenarios, do some horizon and solution scanning, and try to present it all in accessible reports. The idea being to make the evidence useful for decision making.

Only there is post-truth.

No matter how secure, comprehensive and truthful the collection and interpretation of facts might be, people do not use them to make their decisions. Almost always they have decided before they see the evidence.

Unlike the juror who has no inkling of the case they are about to witness in court, most people receive facts after they have had an emotional reaction. Their opinions and decisions are formed by the events of their lives. The facts at hand have a hard time in the emotional cauldron.

In his book ‘Thinking, fast and slow’ Daniel Kahneman gives an explanation. Essentially our brains are too lazy to do the hard work of thinking and we default to a hard-wired emotional response. We intuit most things. Only our intuition is not very good at complex thought, especially where we need to analyse for or calculate a result. For this, we have to engage the thinking brain. The only problem is that this type of thinking takes work – real physical work apparently – and we find it difficult.

This makes the brain an energetically expensive organ so in evolutionary biology terms it makes sense to use it sparingly. So the fight-flee-freeze responses saved us when it mattered and left the occasional heavy thinking for evenings around the campfire.

The problem is that the default is still there. We trust our emotional cauldron more than the facts. And why not, it saved enough of our ancestors from the snake, the lion and the Neanderthals.

It is nice that we now have a word for a modern expression of this core product of our evolutionary past.

But be assured that post-truth is not new. It has always been there in our DNA.

President Trump — the shock we had to have

trump-1266570_1280

In 1990, Paul Keating, as Treasurer in the Hawke government, famously described the 1990s recession in Australia as “the recession we had to have” to correct a series of excesses through the 1980’s. Keating challenged Bob Hawke for the leadership of the Labor Party in 1991 and became Prime Minister of Australia.

This week the American people, via a slim minority, voted Donald Trump into the Presidency of the United States.

It is the shock they (and we) had to have.

What happened is that a nation of educated folk just put a narcissistic isolationist with little respect for anyone but himself and no experience of public office into the highest position in the land. Is this man really the best person from among the 322 million or so options?

You would have to think not. There had to be someone better, although not the democratic candidate apparently.

So what is going on?

There are a large number of people who now have no faith in the system of government to improve their lot. Median income in the US is now $30,525 up just $1,113 since 2000, less than 4% in over a decade. Average wages for those without a college degree in the US have declined over the same period and the number without a job has increased. Meantime median house prices have doubled to $304,800.

A xenophobic return to the old days was a message people wanted to hear.

There are some bigger picture numbers too. A growing disparity in wealth due as much to concentration into the few wealthy as to the loss of earnings among workers. A high risk of GFC 2.0 despite the national debt ballooning to $19.8 trillion raised ostensibly to stave off such a catastrophe. A law making establishment that is out of touch.

Check out the US national debt clock

But these individual and economic symptoms are best seen through the lens of what brought them about. Slavish adherence to the market and its fixation with growth, neo-liberalism it’s called.

Ironically Trump is going to be the messenger that demonstrates this slavish adherence is untenable. Because he will not be able to deliver on most of his promises. Given the debt, wealth concentration and stagnant growth, the system cannot afford his tax cuts, wall construction or restricted trade.

Imagine halving corporate tax when the country carries more debt than its GDP.

If he insists on keeping his promises the fragile economy collapses. If he relents, the people are let down (again). Either way, there is a jolt to the system. An opportunity is created for genuine progressive change.

There is a reason this feels like much more than trying to find a silver lining in a dark misogynistic cloud.

On the night before the US election I attended a public function in Sydney under the 100 Resilience Cities program. The theme was ‘Is Sydney ready? Working together for a resilient city’ and even a confirmed skeptic like myself would have to say, yes.

Because for the first time it became clear to me what resilience is. It is the ability of people to connect with each other across the barriers we all erect to find common ground and support. Throughout the evening there was evidence of people doing this more and more. Just the recognition that resilience is all about people is huge.

And this is the real change that can truly help those who voted for the orange guy. Where people actually talk to each other, find things they agree on, accept the things they cannot agree on, and build things together.

It will happen.

Donald is the shock we need to make it so.

Confidence

Blinded by the disbelief of another prime minister sworn in on the back of 54 party room votes I almost missed the real political change last week. After 5 attempts in as many years Australia has an optimist in charge.

Once the claimer of moral heights Kevin Rudd capitulated over climate policy and we realised that he could get things done for Kevin but not for everyone else, Australians have been led by negativity. Julia Gillard tried her best to be positive but the bloodied knife she carried was just too heavy for progress to prevail. Then she was knifed too.

Mr Abbott who squeaked past Mr Turnbull in 2009 by one vote to become party leader is supposed to be a nice guy. He works for charity on his time off and is loyal to a fault but every phrase he uttered in the top job came from a place of fear.

Stop can be a positive word but from Tony Abbot it was never really clear why things had to stop. They just had to. Anything that should be positive —more jobs, more growth, less deficit — came across as a justification. As if proof were always needed that the government was doing well, when they were just scared.

Then yesterday for the first time in many a year a prime minister of Australia stood up at parliamentary question time and said that the country has a great opportunity and that times are exciting for the nation. Mr Turnbull was positive. He almost led a rendition of ‘yes we can’ and it felt like he wanted to.

This is momentous.

If he can keep it going, and admittedly that is a big if, we could see some confidence return. We might actually join the many other countries with far worse economic outlooks and social challenges than Australia who are finding solutions because of a belief in the best of their people.

As a social centrist myself I would rather this breath of fresh air to have come from the left side of politics. Mr Turnbull may look trendy but he is still a brown. But the labour party are mired in their own brand of negativity that cannot hide the fact that they spend too much time playing with knives.

So instead I will take Mr Turnbull at his word for confidence has great power to do good. And we really need that.