SPEED IS CURSED BY SILOS

There is no doubt that markets are speeding up. Those organisations that learn how to manage time will do better. The mass market is disappearing, and managers who choose to ignore the implications of a faster market are increasingly being reduced to commodity-like competition.

According to Alvin Toffler, writing in Power Shift: since the end of World War 2 the world has been split into Capitalist and Communist, North and South, however today these old divisions no longer matter nearly as much as a new division: Fast and Slow. He says that historically power has always moved from the slow to the fast whether it was in species, nations or organisations.

Speed in organisations is determined by:
*The speed of transactions
*The speed of decision making
*The speed with which new ideas are created
*How fast ideas are bought to market
*The velocity of capital flows
*The speed which information and knowledge flows through the economic system.
All of these are cursed in an organisation suffering from silos.

They are cursed because people who should be sharing information and helping each other help the customer are fighting each other for influence, power and glory.

Don't let the power of your organisation move to another organisation that has learned the secrets of collaboration, connectedness and cooperation.