The Right Decision

Recent books

Recent Books on the Creative Economy

Thanks to a respected Facebook friend, I encountered a wonderfully perceptive, entertaining, and enlightening post by Steve Denning on Forbes.com today. Because of my long-time involvement in the knowledge management world, both as a practitioner and somewhat as a thought leader, I also count Steve as one of my Facebook friends. However, I didn’t find the piece through him. Regardless, I’m glad I encountered it and, as a bonus, it really came at a propitious time for me. I’ll link to it at the end of this post. It’s somewhat long, but so full of good information and insight I believe it’s worth every moment it takes to read it.

As I’ve written about numerous times, I took an early retirement from the organization I had pretty happily labored for for over two decades. Actually, five days from now it will be precisely three years since my last day there. It was a bittersweet day for me, as I was both glad to be rid of the constraining shackles of the parent organization and depressed over saying goodbye to so many people I’d come to regard as family.

Adding insult to injury was the seeming invisibility that seems to accompany most everyone who’s put out to pasture. I wrote about that as well here. I have found myself occasionally lamenting my decision, though I always seem to be able to recall there truly was a good reason for it; I couldn’t stand the corporate culture of United Technologies and Pratt & Whitney. I was ready for a change.

Now comes Steve’s wonderful article. To sum it up as briefly as I can – so you can spend your precious time reading what he wrote, which is far better than anything I’m capable of – he breaks down the realities of the three different economies we can see all around us: Traditional, Financial Capitalism, and Creative. I have long been most interested in dealing primarily with the Creative Economy, but spent a large portion of my working life in the Traditional Economy. My experience with Financial Capitalism is much the same as just about everyone else. I’ve lost substantial equity because of their criminal activities and greed.

I’m now more convinced than ever I will spend the rest of my life making a place in the Creative Economy. I want as little a part of the Traditional Economy as possible, though part of what I’ve been working on may require providing creative services to traditional organizations. I will no doubt see how that progresses and am prepared to turn on a dime if necessary. I have no desire at all – never have – to be a part of Finance, save for some of the more creative and worthwhile aspects such as crowdfunding and efforts like Kiva, etc.

Now, to get you to Steve’s article without further ado. The title is “Leadership In The Three-Speed Economy“. If you have the time, I’d love to read what you get out of the piece. Hope you get a lot, regardless.

About Rick Ladd

Since my retirement from Pratt & Whitney Rocketdyne in 2010, I have spent quite a bit of energy on developing work as a social media marketer for small business, a business manager for an AI software development firm, and as an editor/proofreader for a number of business books and a couple of novels, as well as a two-year return engagement at Rocketdyne from 2015 to 2017. I have decided to stop actively pursuing business in these fields and am now positioning myself to be a writer. I have done quite a bit of writing over the years, but I’ve never really attempted to make any money at it; at least not specifically. I’m starting out with a couple of memoirs and, currently, I’m studying the craft, creating a detailed outline and timeline, and honing my skills as a storyteller. Pretty sure I’ll be writing some fiction as well. View all posts by Rick Ladd

Go ahead! Give me a tongue lashing.

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