This week Al and Yancey Strickler chat about Bentoism how it came about, tips and tricks of Bentoism, and data as fire.
Feb 17, 2021
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Yancey Strickler, a renowned writer, entrepreneur, and co-founder of Kickstarter, dives into the concept of Bentoism—an innovative mindset balancing self-interest with the greater good. He shares practical strategies and insights on redefining value and success in creative industries, shaped by his experiences. Yancey also tackles the dual nature of data, likening it to fire—powerful yet potentially dangerous. He remains optimistic about a sustainable future, urging responsible data management and community engagement to drive meaningful change.
Bentoism encourages a holistic approach to decision-making by integrating personal, communal, and future considerations into our choices for greater fulfillment.
Yancey Strickler emphasizes the need to redefine value beyond financial metrics, promoting diverse measurements that include societal benefits and personal fulfillment in success.
Deep dives
The Concept of Bentoism
Bentoism introduces a new framework for understanding self-interest, emphasizing the need for a holistic view that balances personal, communal, and future considerations. By using a simple two-by-two model, which includes 'now me,' 'future me,' 'now us,' and 'future us,' this approach encourages individuals to make decisions that extend beyond immediate desires. For example, someone considering whether to quit smoking would evaluate the impact of their choice on themselves, their relationships, and future generations. This reframing challenges the traditional narrow view of self-interest, suggesting that greater fulfillment results from integrating broader values and needs into decision-making.
Reexamining Value in a Digital Age
In today's digital environment, the established financial-centric view of value is being challenged as new forms of measurement become possible. The conversation shifts from viewing value solely in terms of revenue and profit to recognizing diverse metrics that encompass societal benefits and personal fulfillment. For instance, the success of projects on crowdfunding platforms like Kickstarter reflects various motivations, such as creativity and community impact, rather than just financial return. This evolution in understanding value encourages individuals and organizations to explore new ways to measure success that align with a broader set of outcomes.
Post-Capitalist Transactions and Self-Interest
Yancey Strickler discusses the emergence of post-capitalist transactions, where the goal is not just financial gain, but a balance of multiple values that benefits both the individual and the community. Using the example of pop star Adele, who sold concert tickets based on fan loyalty rather than maximizing revenue, highlights how such transactions can create deeper connections between creators and their audiences. This approach underscores the potential for businesses to adopt models that prioritize societal value alongside financial health. As organizations begin to adopt these principles, we may see a shift in how success is defined and achieved.
Data as a Transformative Resource
The analogy of data as fire illustrates its dual nature: it can be both powerful and dangerous, with the potential to drive significant progress or lead to harmful outcomes if mismanaged. Understanding how to utilize data effectively is crucial for addressing societal challenges, including climate change and social inequality. The future of successful data usage lies in the ability to measure and value insights, facilitating cooperative decision-making that reflects the complexities of human behavior. As humanity embraces this responsibility, the next ten to thirty years could witness transformative changes driven by the innovative applications of data.
Want to be featured as a guest on Making Data Simple? Reach out to us at [almartintalksdata@gmail.com] and tell us why you should be next.
Abstract
Hosted by Al Martin, VP, IBM Expert Services Delivery, Making Data Simple provides the latest thinking on big data, A.I., and the implications for the enterprise from a range of experts.
This week on Making Data Simple, we have Yancey Strickler. Yancey is a writer and entrepreneur, founder of the Bento Society, Co-Founder of Kick Starter, a Distinguished Fellow at the Drucker Institute, Author of This Could Be Our Future: A Manifesto for a More, Generous World and The Idea Space, Co-Founded the Artist Resource The Creative Independent, the Record label eMusic Selects, and Angel Investor.
Show Notes 3:43 - Yancey’s Brand
8:39 - How in Kick Started did you define success?
13:06 – Creating the Bento Society
21:00 – Reframing values into the new world
23:48 – Tips and tricks
27:48 – Data as fire
30:48 – What the next 5 – 10 years going to look like
Connect with the Team Producer Kate Brown - LinkedIn. Producer Steve Templeton - LinkedIn. Host Al Martin - LinkedIn and Twitter.
Want to be featured as a guest on Making Data Simple? Reach out to us at almartintalksdata@gmail.com and tell us why you should be next. The Making Data Simple Podcast is hosted by Al Martin, WW VP Technical Sales, IBM, where we explore trending technologies, business innovation, and leadership ... while keeping it simple & fun.
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