Why I wrote A Mind for Business

So my new book, A Mind for Business, has recently been published by Pearson. Beyond the commercial and practical reasons for writing it, this book is actually rather important to me. Though my background over the past decade has been more in innovation and social change than the study of the mind, the subject of how our minds work has fascinated me of late, and has become the cornerstone of both the Mindapples campaign and the changes I want to see in the world.

Put simply, my argument behind this book is as follows: I believe our society is operating with a surprisingly primitive and inaccurate model of how our minds work, and this is causing us a lot of problems. (This is true of the UK in my specific experience, but I suspect the argument applies in many other places too.)

We have quite a good understanding of our bodies , but our minds are still, for the most part, the province of myths and hearsay, from throwaway comments about ‘brain chemistry’ to films about using 100 per cent of our brains. These misconceptions are mostly found in pub conversations and pop culture, but they seep into our everyday discourse to affect every aspect of how we live and work, from job interviews and GP visits to law courts and even public policy.

Some of these inaccurate views – such as the economic assumption of independent, rational choices - are being challenged, but many more – the faith in eye-witness testimony for example, or the persistence of ‘left- and right- brain thinking’ – persist, influencing our choices and shaping our lives.

These beliefs interfere with our ability to work effectively and manage people properly. They prevent us from realising our strengths or forgiving our weaknesses. They prevent us from understanding each other, and interfere with our relationships.

The closest term for this in modern psychology is mentalisation – the ability to accurately assess what is happening in your mind, or in someone else’s mind, and relate that to behaviour. Our ability to understand our own mind and the minds of people around us directly affects the quality of our life and work - and more importantly, it is a skill which can be taught and learnt.

So my purpose in writing this book is to dispel the old, inaccurate views of our minds, and replace them with models that work better. By presenting an overview of the most robust, evidence-based models currently on offer, I hope to help us all understand ourselves and each other better, to work smarter, feel calmer, and get along better. The findings collected have certainly helped me, my colleagues at Mindapples, and the participants in our training sessions, and I hope through the book they will help us collectively as a society too.

Models are never perfect of course, and they are rarely finished. We are a long way from being able to make perfect predictions about human behaviour, and perhaps we should be grateful for that. But we all need models, and we use them unavoidably and habitually to make thousands of assumptions about ourselves and others every day – and so I think we should try to make those assumptions as accurate and useful as possible.

I hope this book can contribute to this process of discovering ourselves and others, and help us all harness our minds more effectively, and improve how we live and work.

Buy now from Amazon

Poor social entrepreneurs

Tonight it's the launch of the RSA Social Entrepreneurs Network, and I'm actually rather looking forward to it. There's been a very interesting discussion on the group forum already about how social enterprise can reward the entrepreneurs behind it. Social enterprise is one of the fastest-growing sectors in our society, and I think it has a lot to teach the policy world, traditional charities and the commercial sector. The problem, as I see it, is this though: social enterprise is good at generating revenue through doing good, by selling products and services, delivering contracts for the public sector and so on. What it isn't so good at though, is looking after the people who make it happen. The sector suffers a lot of burn-outs, and many people who are starting successful social enterprises can only do so because they have made money in the commercial world, or because they are able to live cheaply without overheads like children or sick relatives. The sector is thriving, but at the expense of the people at the heart of it - and without the money from the lucrative public and private sectors, much of it wouldn't exist at all.

I think what's needed is greater liquidity in the social enterprise sector, which starts with making it easier for successful entrepreneurs to set up their next venture. Social capital is great, but it doesn't pay the bills while we work for free for a year raising funds and building brands. We need to make sure the people who have set up organisations with strong social impact get a return on their "sweat equity", or the sector will always be parasitic on the commercial world and dogged by burn-outs and drop-outs.

I think there are two obstacles to allowing this "liquidity" to happen. The first is the psychology around "non-profit": how can I as a social entrepreneur claim my financial reward when my project is based on goodwill and channelling profits back into the community? The second is structural: how can non-profits pay dividends on in-kind investment, in the way they pay a return on cash investments? Time invested for free in building an organisation should always be regarded as a loan, to be recouped with a reasonable return when the venture is successful. I don't want to be a millionnaire, I just don't want all my hard work to go unrewarded. And I think we need new corporate vehicles, and a new culture around money for good causes, to make this possible.

With Mindapples, my second social venture after School of Everything, I'm looking at ways to write in profit-shares and bonuses for founders and volunteers if we build a successful revenue model for our non-profit community organisation. Does anyone know any good examples out there of when this is done well that I could base our model on?

Public = private?

It's funny how Facebook is being used for business. I get messages from people I don't really know personally, inviting me to register for their websites or come to their events, and their picture is of them half-naked with their girlfriend at a beach party. Hardly the old world of pin-stripes and formal business presentations, is it? Meanwhile, corporate blogging is making business more human and blurring the personal and the professional even further. On the one hand, I'm glad to see the back of all the false pretensions of old-fashioned business: it's nice to hear people telling the truth for a change. But on the other hand, what are we losing by blurring the boundaries between public and private? What's good for business may be bad for us as individuals. Are we losing ourselves in our work, or just becoming more ourselves in every area of our lives?

Consultancy 2.0

There seems to be no end to the number of things to which we can append "2.0", but at least consultancy undoubtedly deserves it. Interesting idea from Nesta about consultants who deliver their own projects. I think it's really important to do this, hence why I make sure the main focus of my work is the projects I am delivering myself. If I wasn't doing this stuff myself, how could I possibly advise others how to do it themselves?

http://blogs.nesta.org.uk/connect/2007/10/why-dont-consul.html