Profit and the GTIdeology: Upcoming Topics
March 17 - June 30, Topic Schedule & Links
Face facts, when one person’s profit is minimized as a cost to increase another’s profit, they are never going to be friends or even friendly colleagues. Ever. — Vince Skolny
That quote is an effective segue from our series of discussions about working with friends to upcoming conversations about profit and the GTIdeology. Our assumption is from the self-employed teen to the Fortune 500, how a business makes its profit and who takes that profit are its effective value statement. That (along with how it spends its time) trumps anything it says or publishes about values and missions.
It makes our 5th Radical Idea “the teeth” of the entire GTIdeology:
“When I first began thinking about the essential root of this idea, I was focused on not exploiting the individual for the bottom line but that’s not the radical idea. It’s an operating principle rooted in the idea itself.
Moreover, it is not defined; “exploiting” means very different things to many different people. The Radical Idea needed to define precisely what it means in the Skolny Organization. Otherwise, we could not effectively transcend society and avoid arbitrary authority. I believe that it does.” — Vince Skolny
Here is the entire schedule (plus ongoing links to our position posts and the discussion transcripts) for discussing the entire GTIdeology through that lens. It promises to be challenging and, at a few points, probably provocative.
We look forward to discussing it with you.
Follow us on twitter to keep up with everything (and tweet @ us if you’d like a weekly Happy Hour reminder).
On Our 5th Radical Idea: Radical Equality
On Our 1st Radical Idea: A Radical Organization
April 14 — A Radical Organization: Creating Profit by Creating Greatness through the Individual | Synopsis: We never have to choose which part of the GTIdeology to practice, only how we are going to practice it. That includes creating profit. Read: Our Position Post | The Transcript | Vince’s Rejoinder
April 21 — Transcending Society: Greatness, Exploitation, and Entitlement | Synopsis: Transcending society means that while the Organization exists and functions in society, it is not affected by social the conventions and mores of society around it. Read: Our Position Post | The Transcript | Vince’s Rejoinder
On Our 2nd Radical Idea: Radical Leadership
April 28 — Radical Leadership, Respect, and Remuneration | Synopsis: Pay structures should not reflect a hierarchical authority system because it precludes genuine and mutual individual respect that is necessary to leadership. Read: Our Position Post | The Transcript | Vince’s Rejoinder
May 5 — The Wage Bottleneck: Does Hierarchy Cap Income Potential | Synopsis: Because any hierarchy has far fewer “top” positions than individuals vying for those positions and pay scales are reflected by those hierarchies, career income growth is thwarted, hitting a bottle neck by mid-career. Read: Our Position Post| The Transcript | Vince’s Rejoinder
On Our 3rd Radical Idea: Radical Opportunity
May 12 — Radical Opportunity, What Does It Look Like? | Synopsis: If each entry-level position does not realistically lead to highest levels of leadership and incomes in an organization, that organization does not offer opportunity. Read: Our Position Post | The Transcript | Vince’s Rejoinder
May 19 — Zero Sum? Or Growing the Pie through Individual Potential? | Synopsis: The idea that wages are a cost to be minimized, rather than that individuals are the source of innovation, productivity, and profit robs individuals of their potential and, thus, undermines the organization’s potential for profitable growth. Read: Our Position Post | The Transcript | Vince’s Rejoinder
On Our 4th Radical Idea: Radical Diversity
May 26— Radical Diversity and the Myth of Equal Work | Synopsis: By definition, no two individuals can possibly do “equal work,” only possess “substantially similar” job titles and skill sets, which makes “equal pay” a pragmatic impossibility. Read: Our Position Post | The Transcript | Vince’s Rejoinder
June 2 — Social Hierarchy: Wage Labor, Starving Artists, and Broke College Students | Synopsis: We reject out-grouping individuals as part of some class that “should” be poor or is expected to work for free. Read: Our Position Post | The Transcript | Vince’s Rejoinder
On Our 6th Radical Idea: Radical Capitalism
June 9 — Radical Capitalism: Markets, Dignity, and the Moral Dimension of Choice | Synopsis: How, why, and to whom an organization pursues and pays profit reflects its morals. Free markets and free competition must embrace that moral dimension of choice. Read: Our Position Post |The Transcript | Vince’s Rejoinder
June 16 — The For Profit Moral Community: Why We Won’t “Give Back” to Society | Synopsis: If an organization has created legitimate profit, justly distributed among its members, it owes society nothing and has not duty to “give back.” If we ever do “owe more” of our profit it is to our moral partners, particularly our members. Not to society or outsiders. Read: Our Position Post | The Transcript | Vince’s Rejoinder
On Our 7th Radical Idea: Radical Individuals
June 23 — Radical Individuals: Recruiting and the Root of Radical Capitalism | Synopsis: It is impossible to exist as a For-Profit Moral Community without comprising a community of radical individuals and recognized by both themselves and the organization as a profit-generating, wealth-creating, opportunity-seeking capitalist. Read: Our Position Post | The Transcript | Vince’s Rejoinder
June 30 — Radical Individuals and the Unabashedly For-Profit Moral Community| Synopsis: Coming full circle, from our position on “The Morality of Money and Profit,” we assert that there can be no Greatness Through the Individual without radical individuals determined to create it. In the unabashedly for-profit organization, that means individuals must sufficiently value themselves to value both profit as the fruit of creating value and their right to the profit they create to do with as they wish, they do not belong here. Read: Our Position Post
GTIdeology Happy Hour: Greatness on Tap Every Thursday
You’re invited to — and we hope that you will — join us at 4:00 PT & 7:00 ET every Thursday to unofficially kick off the weekend with us and the smart, fun, and friendly #GTIdeology Happy Hour crowd.
We tweet out reminders each week. If you’d like one, just tweet @ us and let us know. We’ll be happy to tweet you one. Our cool intro video is below. Cheers!