A common question is “How does Gangplank work? Why is everything free?”. The common theory is that if you don’t charge people something they won’t see any value in it. Maybe if they are working on an assembly line, but for creatives this just isn’t true. Our value lies in three things..
1. Gangplank is nearly completely self-autonomous. If something is missing someone steps up and does it or organizes with others to get it done.
2. Gangplank believes it’s okay to fail as long as you keep trying. The goal is a journey of excellence. Seek mastery in what you do.
3. Gangplank has purpose. It believes that you should be making a positive impact in the community you live in. Not just for today but in the long run.
None of this should be surprising or new. Economists, Psychologists and Sociologists have been saying it for years. I found this great talk from Dan Pink that is animated in real time that explains it well.
What do you think of Mesa’s decision to fund the Chicago Cubs’ spring training facilities?
Apparently Mesa failed to do it’s homework. Lake Forest College studied 30 cities over 30 years and found that 27 experienced no significant impact from new stadiums while three cities experienced a negative economic impact. Does a company that made an estimated $58 million in PROFITS in 2008 and sold for $845 million in 2009 really need a subsidy? Maybe Mesa should be investing in local entrepreneurs instead?
I have decided to do a dead simple book review every Sunday. Some of this is to just share what I’m reading. Rather than go with some complex rating system a book will either be a thumbs up or a thumbs down. Thumbs up means I highly recommend reading the book. A thumbs down means read something else unless you have free time on your hands. I will then do a one or two sentence at most comment on the book.
Take Away: Good historical view of some great companies over time. Wondering if some of the companies performance in last few years distracts from the book.
The truth is all of them are probably responsible. The question is could they be doing things that are more productive for our economy? As we saw, Google didn’t stick around. They cited lack of quality engineering talent. Maybe if ASU was less concerned with being an economic development engine and land developer and instead spent their energy on a top notch engineering school. We lost a lot more than 75 jobs in the last 12 months. If only, GPEC would have been more focused on strategies to diversify our economy in the last decade instead of traveling the world looking to recruit it in. Politicians are quick to put out tax credits for large corporations to move operational arms here, but where are the tax credits for local job creation coming from entrepreneurs. Short of the angel tax credit, there isnt much.
Suntech welcome to Arizona. We are glad to have you. We hope to help you succeed. We hope to see you in the Southeast Valley.
I am all for bringing new economies into Metro Phoenix. I am not sure that subsidization that is quite this heavy is the right approach. It would be wonderful if this deal brought significant film production here, but I remain skeptical. If it’s any consolation Detroit is doing a similar film incentive. Have I mentioned before that “Incentives Kill Creativity?” What are your thoughts?
The other day I had jotted down about wanting to talk about incentives killing creativity, because something someone said pissed me off. I put it in my GTD list and forgot about it. I came back today to actually write on the subject and got road blocked about what I was thinking on the topic. This is the problem with relying on passion for motivation. Whatever trigger pissed me off, I forgot about, so I googled for “incentives kill creativity” and this fabulous TED Talk came back as a top result. Daniel Pink is more qualified than me to talk about it so instead I’m asking you take 20 minutes and watch this TED Talk.
High performance in the future will come from intrinsic motivation. The principles will be based on Autonomy, Mastery and Purpose. Think about it.