Capability 5:15 Introduction

Abstract

A system designed to natively guarantee the equitable distribution of gains arising from improvements in productivity.

Introduction

From an economic system point of view, it is broadly recognized that as economies expand through productivity improvements, so does the real living standard of an average person. With that rationale in mind, most liberal democratic economies are designed to allow entrepreneurs, traders and business folks make as much money as possible, disguised as economic growth. The theory being that some of this new wealth will reach the average citizen or employee, through the idea of trickle-down economics, which was famously popularized by Ronald Reagan and Margaret Thatcher during the 1980’s.

During the past four decades, the overall economies of most countries have expanded dramatically, however, these gains have not trickled down to lower- and middle-class families as expected. This is especially true in most developed economies. As result of this disconnect, we are seeing hopelessness in our communities, political polarization, dissatisfaction with “The System”, as well as general overall frustration and anger.

Without dismantling the entire economic system, what if we create a productivity improvement capability, enabling real economic growth that inherently ensures that the productivity gains can only happen if there is genuine trust between the parties that the gains will be shared equitably. This type of model will particularly be intriguing to economies like Canada where a large portion of our GDP comes from activities in public, crown corporations, small to medium size business, not for profit and community centred organizations.

To build such a capability, we at WhiteSparrow Labs have been working on “Capability 5:15”. The following five chapters define the structure of this capability and how to build required skills that create exuberance in economy rather than despair.

1.        Enabling Human Genius to Shine.   

2.        Origin of Capability 5:15

3.        The Fundamentals of Capability 5:15

4.        Roles and Skills Required

5.        Supporting Technology Solutions

The objective of Capability 5:15 is to establish a productivity improvement system in which the benefits are directly shared, rather than distributed via trickle-down economics. We welcome your feedback on this initiative.

WhiteSparrow Labs Vision

 Invent systems, practices and skills to overcome productivity stagnation challenge in Canada and across commonwealth countries.