Best phrase of the day: Group Grope

Today was a good day from the “new phrase usage” perspective within my portfolio management world.  I believe that not only did I coin two new phrases (although I haven’t goggled them yet due to fear of disappointment) I also managed to crowbar a great phrase from George Louis (guy that inspired the ad in my last blog).

New phrase one:  “Life Technology”.  After a meeting about organizational energy in portfolio management went and talked about the critical need for organizations that use social media to actually have an organizational personality.  My argument being that in this day and age, no-one wants to talk to vanilla people or vanilla organizations.

Social Media is a term that doesn’t sit comfortably with me when referring to Twitter, Facebook, You tube etc. I raised this view in the meeting highlighting that, such channels of communication are technology platforms that allow you to engage with me and my life, with you and your life, and visa versa.  Hence Life Technology.

New Phrase Two: “Generation-i”.  Again a new phrase that I have been waiting to inject into my conversation for some time.  Generation X are the people born after the post-world war II baby boom, Generation Y come after them… but Generation-i in my view represents the people who position technology close to the centre of their daily life.  Their i-ness may well include iPhone, iPad, twitter, facebook etc but for such people engaging in Life Technologies is about the individual “I’ness” and the norm.  I am Generation-i for sure.  I like it.  Mind you it is annoying to write Generation-i because MS Word keeps trying to capitalize the i.

Favorite phrase of the day is ”Group Grope”.   Group Grope refers to an excessive amount of committee structures or conversations with the view to achieving an outcome or decision that, had one person actually had the guts (or understanding of the subject in hand) to say at the start “this is it, this is what we are doing” everyone else would have agreed and supported it.

Please understand that this is not to suggest I’m anti-collaboration.  Indeed, in the Cabinet Office Case Study for Portfolio Management that I’m currently writing, the first lesson learned when implementing organisational portfolio management is “Collaborate, collaborate, collaborate, then when you think you collaborated enough…collaborate some more.”  However, there is a very fine line between collaboration and Group Grope…(I’m sure there’s a joke in there somewhere).

So, my challenge to you is, use Life Technology, Generation-i or Group Grope in your portfolio management conversations, when you do zap me a tweet (or comment here) and let me know how it went down.

@MrPortfolio

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