The Fourteenth Banker Blog

April 18, 2010

Crafting a New Future

Filed under: Running Commentary — thefourteenthbanker @ 10:47 PM

Vijay Govindarajan, Dartmouth Professor with an international perspective, asks us to consider whether these three activities must have priority in the modern organization:

Box 1 = managing the present
Box 2 = selectively abandoning the past
Box 3 = creating the future

His premise is based on the characteristics of the three principal deities in Hinduism.

The three have the roles of Preserver or Sustainer, Destroyer, and Creator. (My most simplistic summary) Note the order. Creation comes after Destruction.

My view is that many spiritual traditions are descriptive of realities experienced by those who practice them or originally formulated the chief doctrines. While it is easy for those unaccustomed to the particular tradition to disregard the form, the underlying basis for the form is often quite profound.

This particular conception of Deities is really based on the obvious cycles seen in the earth. Life itself is sustained, destroyed or ended, and provides the seed for the next cycle of creation.

He posits that organizations that embrace such priorities are more likely to succeed.

Therefore, the preservation of the status quo is a natural tendency and those who are engaged in it are behaving instinctually and rationally from their perspective. But for those able to see, if that form of organization no longer serves the greater purpose, then its destruction brings fertile possibility of new creation.

The Congress must move to allow the creative destruction to take place. The status quo is not acceptable. Moving forward boldly is required of the times.



  1. I agree. However Congress will not allow for destruction since it will be destroying itself and its funding.

    Comment by Allen Vaysberg — April 19, 2010 @ 12:41 AM | Reply

  2. Lots to learn from such ancient wisdom!

    But we’re way behind in our emotional evolution to apply this in corporate America. If we were even close you wouldn’t be anonymous Mr. Fourteen.

    There are a handful of technology companies in America that do employ this strategy of creative destruction, Bill Gates was known to bring his creative folks in a room and challenge the heck out of their design ideas, in fact that was the only way to gain respect at Microsoft. But then no one would have bailed Microsoft out!

    CEOs and top management don’t improvise because creating a good name for themselves is not imprtant to them, making a whole lot of money is. Fact is, in financial services one can make a lifetime of money in just a few years and it is that greed and urgency that fuels this system. Getting out quickly is important. And the knowledge that government has no choice but to cleanup helps.

    There is no motivation in this industry for self creation of good corporate practices. It’s salvation is regulation and regulation only.

    Comment by Vocalbanker — April 19, 2010 @ 1:11 AM | Reply

  3. Very well put Vocalbanker! I agree that our society as a whole is very young in its Evolution. Until we as a society change our value system real change will be very hard to come by. Thus, it can be done by regulating the system now and educating the younger generations that will change it.

    Comment by Allen Vaysberg — April 19, 2010 @ 2:35 AM | Reply

  4. this is not something you DO, it is something you recognize … the value of doing so lies in both the preparation for and the acceptance of, change .. systems are designed to change (that is a big deal)

    Comment by gregorylent — April 23, 2010 @ 10:31 PM | Reply

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