The Power of Inclusion – Conformity

This is the third post in the Power of Inclussion series. My wife told me this story year ago and I am not sure of the origins beyond that. However, I think that this is an excellent example of the detrimental effects of exclusion and imposed conformity. The story told here is an excellent example of what I referred to as group think in the previous post.

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There was a young boy that had moved to a new school and was attending his first art class in grade 3, he was full of excitement and anticipation because he loved art.

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The art teacher said to the class “I would like for everyone to draw a flower please.”

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The young boy thought to himself, I love to draw flowers and he drew a picture with fields of daisies and daffodils and purple and blue flowers. He was really enjoying drawing the flowers. It was a magnificent picture. The teacher walked by and the boy proudly displayed his art.

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The teacher said “that is not the way we draw flowers here. We draw a red rose with a long green stem and three leaves. That is how we draw flowers here.”

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The boy was crushed and noticed that all of the other students had drawn a red rose with a long green stem and three leaves. The flower drawing exercise happened many times over the course of the year.

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At the end of the school year the boy and his family were transferred to a new city. The boy took art again in Grade 4 and went to his first class.

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The new teacher said “I would like everyone to draw pictures of flowers.”

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The boy drew “A red rose with a long green stem and three leaves.”

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Creativity and innovation blossom when teams welcome new ways of thinking and encourage free thinking.

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Ian Graham


Founders and Funders Ottawa 2

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Founders and Funders is a unique networking event geared specifically for investors of all types (VC, angel, working capital, government) and start-up execs that may at some point try to raise money. The evening includes cocktails and dinner, with plenty of time for networking. There are no demos and no presentations … just tons of elevator pitches from investors trying to convince entrepreneurs to take their money.

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If you are interested please send me a note at allan.isfan [at] favequest [dot] com with a brief description of yourself, your company, why you would like to attend and we’ll get back to you shortly.

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Ian Graham


1st Annual Spring Ottawa Geek BBQ

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The sun is shining, twitter is tweeting and it is a glorious time to be thinking about summer pursuits. On that note Jamie Oastler is organizing a Geek BBQ that sounds pretty interesting. The event will be located at the palatial estate of team camp co-founder Chris Schmitt in the eastern parts of Cumberland. There are options for omnivores, herbivores and carnivores and beverages for anything in between. You can click on the very cool logo above to get to the sign up page.

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Ian Graham


Do you teach fishing or feed flounder?

 “Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime.”

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If the leaders in an organization large or small are autocratic and controlling then people are always consulting them for direction. The autocrat leader is essentially giving employees fish on a daily basis and inhibiting creativity because people are always consulting with the higher authority for direction and approval. Employees never learn self reliance, creativity or problems solving. Companies with autocratic (level 4 leaders from good to great) don’t scale or succeed without the leader providing fish to the team.

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Collaborative organizations empower employees and provide both fishing poles and a pond(s) to fish in. Employees equipped with fishing poles are self reliant and entrepreneurial.  Fishing poles provide teams the ability to fend for themselves. The leader still provides the pond; however, employees use both the fishing pole and pond produce results. The fishing pool is empowerment and the pond frames the boundaries of responsibility.

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Does your organization feed employees flounder or give them a fishing pole and let them feed themselves?

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Great organisations provide the tools for independent and creative thinking.
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Ian Graham


From Lifecycle to Longtail

This post is a follow on to the forces of change series of posts (Forces of Change; Introduction, TV Industrial Complex versus Knowledge based society, Business Model Migration). Not only is the fabric of society changing but also the way we sell and do business. The best example I could think of to capture the essence of this change is the migration (perhaps stampede) from Geoffrey Moore’s Life Cycle model of product introduction to Chris Anderson’s Long Tail model of doing business on the Internet.

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Geoffrey Moore’s series of books on the product life cycle; Crossing the Chasm, Inside the Tornado and Dealing with Darwin are some of the most educational and excellent books I have ever read on the product life cycle. The challenge and applicability of these concepts, IMHO, has greatly diminished in the past 3 to 5 years. The concepts in these most awesome books tended to apply to introducing and selling hardware based products which is becoming increasingly less relevant to technology products. The intent and focus of lifecycle marketing was to target large and medium enterprise. With the melt down there are far fewer large and medium enterprise customers. The fortune 1000 isn’t what it used to be.

The Longtail is highly relevant to the broad and diverse nature of marketing on the internet. Instead of having the traditional normalized curve of the life cycle what you have today is a much different distribution. The range of selection and options open to consumers and businesses is approaching infinite options. The number of bins along the curve is large and the bins are shallow. Hence you really need a highly selective method of targeting your market rather than riding the lifecycle wave. Today’s market is the Fortune 5,000,000 or even 500,000,000.

Darwin has dealt an evolutionary blow to the product lifecycle and the long tail is rising.

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Ian Graham


Interview – Andrew Sloane

This is exciting news, I recently the opportunity to chat with Andrew Sloane; Senior Investment Manager for Scottish Enterprise Investments.

Andrew is part of the team that manages the day to day operation of a suite of three equity investment funds; Seed Fund (up to 200k), Co-Investment fund (200k to 2M) and Venture Fund (1m to 4M [in the Venture Fund we will invest from £500k to £2m into a company in deals up to approx £10m)). Because Scotland is part of the EU a portion of the money in the Co-investment Fund comes directly from the national government (Scotland) with a contribution from the EU’s European Regional Development Fund, with any investment into a company being at least matched by funding on parri passu terms from approved private sector investors. The first two funds; Seed Fund and Co-investment Fund can have up to equal contributions (50/50) from the private sector and government (though the public sector element may be less than 50%). The third fund, the Venture Fund may invest from $1m to $4m into a company in funding rounds of up to $20m, the balance to come from the private sector . The fact that government contributions scale back as risk is removed is brilliant. I have always been a huge fan of matching contributions with respect to getting government money, shows a form of commitment and that way the investor has some skin in the game too.

Here is what I like about the Scottish Investment model:
- Provides a continuum of funding from friends and family to $20M (Series C)
- Government funds are matched up to 50/50 by the private sector
- Government contribution scales back at the Venture Fund to a maximum of $2M ~10%
- Lean and efficient model
- Leverages private sector expertise and investment
- Angel Syndicates and VC’s deal with start-ups and funded companies
- Government involved in an indirect fashion

Generally a very well thought out model that does so many things right.

I asked Andrew what Impact has the fund had on the region. In terms of the supply side of the capital market the funds have made a significant impact. In 2008-09 there were 130 deals closed across Scottish Enterprise’s three fund, with  £92M invested  in total (including private sector monies) and government money was leveraged by a ratio of 2:1 (Private : Government Money).  The number of Angel Syndicates in Scotland has gone from 2 (approx 15 members each) to around 20 (~40 members each) since the fund’s inception. Although not without its challenges the Scottish model is rapidly becoming known as one of the best practices in early stage funding and continues to attract interest and new investors from around the globe.

Perhaps one of the most important lessons learned through managing the fund is the value of being a patient source of capital, particularly in the current economic circumstance. The best estimate is that from idea to IPO/Exit  is a longer term game of perhaps 7 – 10 years, maybe more. The continuum of funding is also an important aspect of the three funds and growing companies.

I am now officially a co-investment fund advocate; this model certainly provides some serious success that the OCE (Ontario Centres of Excellence) IAF and IDF funds should reflect upong. Part of TheCodeFactory mission is “Entrepreneurs are also supported through fiscal and policy advocacy”. I consider the co-investment fund one of the brightest blip on TheCodeFactory fiscal and policy advocacy radar.

Thank you Andrew.

Ian Graham


Call for talented technology individuals to join Lead to Win

Here is a great program if you are thinking about starting a Start-up www.leadtowin.ca

If you are serious about starting a profitable tech-based business in the National Capital Region during the current economic situation, we invite you to apply to Lead to Win (LTW). 

The first LTW training session starts May 19, 2009. If you have what it takes, we encourage you to apply immediately. To apply online, please go to www.leadtowin.ca

LTW is the premier program for talented technology individuals who wish to establish and grow successful businesses in the National Capital Region.

Lead to Win (LTW) is free. In May and June we are investing in 30 talented individuals; each is expected to establish a technology business that can employ at least six knowledge workers over the next three years. We plan to repeat this investment six times during the economic downturn.

LTW has three phases. In the first phase, you provide contact information and answer ten questions.  Participants will be selected based on their experience, commitment, and opportunity profile.  In the second phase, you participate in an intense six day training program where you will learn how to lever business ecosystems, profitably serve attractive vertical markets, and the key factors that contribute to the ultimate success of a fledgling technology company.  Upon completion of this second phase, you will be invited to launch your new technology businesses in the National Capital Region.

In the third phase, LTW connects you to strategic customers, revenue opportunities, and individuals, companies and organizations that can provide requisite resources, including capital.  You keep all rights over your business.
The 2009 LTW program builds on the highly successful 2002 LTW program. LTW leverages the assets of the Talent First Network, alumni from the 2002 Lead To Win program, community expertise, and faculty members and graduate students of Carleton University’s Technology Innovation Management program (www.carleton.ca/tim). 

Contact:  Tony Bailetti at Bailetti@sce.carleton.ca or call 613 829 8885. 


The Power of Inclusion – exclusion and creativity

This is the second post in the Power of Inclussion series.

High school, business and many social or professional settings have their values and perceptions shaped by the environment in which they exist. Individuals that may not ardently conform to all aspects of these perceptions, in spite of the individual potential in other environments, are deemed non-conformant. These societal systems often form closed and exclusive clubs, groups or affiliations that filter out any potential non-conformists. This filtering actually limits and shrinks the pool of talent available to individuals with similar characteristics, interests and values.

Exclusion often leads to “group think”. When you place a group of likeminded individuals in creative mode the range of solutions is often limited. Group think and conformity are enemies of innovation and creativity. Inclusive groups are welcoming and value anyone willing to participate therefore broadening the pool of ideas to draw upon. Inclusiveness fosters innovation and creativity.

Ian Graham


Real World Accessibility for Ajax and Web Apps Workshop

Back from a world tour and performances is such far flung places as New Zealand, Perth and Sydney Australia, Derek Featherstone is offer the Ajax Web Aps Workshop. Derek is one of those guys in Ottawa I like to refer to as a monk from away. No disrespect to Derek intended but, his reputation and renowned is probably better known outside of Ottawa.

The Monk from away, it goes knows more than the monk from at home. In Ottawa Derek is the monk from at home but, elsewhere in the world he is that knowledgeable monk from away. I have seen Derek present at a CapCHI event here at TheCodeFactory not that long ago. Certainly a very insightful and entertaining presenter. If you have the opportunity I recomend you check it out:

Date:

Monday, June 15, 2009

Time:

8:00am – 4:30pm

Location:

Museum of Civilization

Street:

100, rue Laurier, Gatineau

City/Town:

Ottawa, ON

Contact: info@furtherahead.com

Ian Graham


The Power of Inclusion – Introduction

The value of diversity and its’ importance to society is in the media and government legislated programs. I would suggest that diversity is a subset of inclusion. An inclusive organization values diversity and rather than focus on how people are different respects everyone as a person for their thoughts, opinions and abilities. The attitude and principle of inclusion will create an environment where individuals are valued on their own merit rather than any preconceived or societal notions of value.

This will be the first is a series of xx posts (a work in progress) on “the power of inclusion”.

Ian Graham