Irish politicians get web 2.0

Congratulations to Fianna Fail on their new website.  Engaging with Joe Rospars (the web2.0 man behind Preisdent Obama’s campaign) was the right call.  Fianna Fail, as the party in government, needs to use all tools at their disposal to get their message across – to persuade all of us to sign up for the tough medicine required.  The site references their presence in Youtube, Facebook and Twitter.

Worse than feared?

When you read The FT’s Insight from Thursday: Time to expose those CDOs it’s difficult to be optimistic.  The analysis would suggest theat the position in respect of Collateralised Debt Obligations is worse than we may have hoped for.  The theme of the Insight is that it’s probably time to have some auctions and bottom out some value.  Really more of the same…reluctance of institutions to face up to the sins of the past.

Are we for real? Who is running the banks in Ireland?

How does a government lend €3.5Bn to a Bank which is worth €300m and not take control?  Last week we saw the appointment of a new CEO at Bank of Ireland.  Obviously he was seen within the Bnk as the best man for the job – and he may well be.  But the Bank is in business because the taxpayer through the governmen has lent it €3.5Bn, having previously guaranteed its operations.  Time to get real – these are now state businesses – and the government needs to start behaving as if it has taken charge.  Anyone being announced as new CEO must have the full backing of the government. 
 
Interesting when you read Paul Krugman in the NY Times – also frustrated at behaviour of US government and its dealings with banks in US.  They talk a big game but not walking the talk.
 
 

Dubliners and their city – a call to action.

Attended a great conference yesterday in Dublin Castle: Governance and the citizen, Dubliners and their City.  Svend Auken (Former leader of the Danish Social Democrats and current party spokesperson on EU affairs) gave an excellent presentation re the Aarhus Convention - and Michael Ewing provided the summary of his research into adoption and compliance with Aarhus in Ireland. Conor Skehan (Head of Department of Environment and Planning, Dublin Institute of Technology) was very direct in his concerns that people are becoming over concerned with the appointment of a directly elected Mayor for Dublin – and that more correctly we need to understand Dublin and its hinterland).  Gabriel Metcalfe (Executive Director, San Francisco Policy and Urban Research Association) explained the role played by his organisation, SPUR, in setting and driving the citizen led agenda in San Francisco.
 
My take on the day was that like in many things we find ourselves somewhat behind the curve.  However as citizens we are not using all of the devices at our disposal to participate fully and effectively in setting the agenda for Dublin and its development.  Yes it is very disappointing that we will be the last country in the EU to ratify Aarhus.  And we have some nasty charges built into the system making it costly to pursue matters…and the legal route is scarey and too costly for almost all…but we are not using all the avenues available to us.
 
Congratulations to all those involved.  David O’Gorman did a great job in giving us the opportunity, through the conference, to compare the Danish, the US (multiple cities) and the Irish experience.  A real wake up call to citizens of Dublin. 
 
 

 

 

Web 2.0 Deployment v. Pilot

I guess it's not surprising in the current difficult times that companies are looking to turn their pilots into solutions.  After all part of the attraction of web 2.0 is the limited capital investment required – much of it is built on previously deployed infrastructure. 

We have deployed several web 2.0 solutions.  However the answer is, not surprisingly, shortcuts do not work.  The capital outlay (including the initial services bill) may not be significant – but enterprise solutions only succeed where the company makes the commitment in terms of promotion, support, training, determination to put web 2.0 at the centre of some/all business processes.

Pilots are very different to enterprise wide deployments.  They are there to provide a proof of concept, assist in marketing change in the organisation, figure out the detail of what will be required.  But a pilot does not an enterprise solution make.  Enterprise wide solutions, which aim to be critical to a business, need to be planned, configured, integrated, deployed, supported like enterprise solutions.

Sorry – the shortcuts don't work.  That is not to say that clever planning, the right applications, etc cannot lead to faster, more effective deployment.  But the hard work still has to be done.

Michael Indonopulos makes the point well in his recent blog.  McKinsey's recent review of 50 web 2.0 deployments echoes all of this.  I would support both sets of analysis.

Calls for National Government

Good to see today’s lead in the Sunday Independent promoting the cause of National Government.  This is a crisis and parties of the centre/ centre right need to be aligned, not squabling.  And I see plenty of merit in Gerry Adams at yesterday’s Sinn Fein Conference calling for a coming together of the Left with the smaller parties.  What we do not need is Fianna Fail and Fine Gael attacking each other mindlessly at present.
 
 
 

What and who gets squeezed in Ireland

I see Paul Duffy urging at the US Chamber of Commerce lunch yesterday that we should use the opportunity of the recession to squeeze costs.  At the same time he wants the critical 12.5% CT rate maintained.  He wants us to move away from overreliance on transaction type taxes e.g. property tax.  Tom Parlon is in arguing for 10% pay cut in the constuction industry - on the basis that 100,000 jobs have been lost and that costs are far too high.  All of business has demanded cuts in public service payroll.  Employees who are experriencing wage cuts and ex employees who are experiencing life on the dole are arguing for taxes on the rich – those who ‘made a killing’ in the Celtic tiger years and, in particular, those perceived to have brought it all tumbling down.
 
It does not make for a particularly edifying spectacle.  Difficult to see any National Agenda emerging.  And the matter is completely undermined by two centre parties (FF and FG) taking lumps out of each other. 
 
It seems that it is no longer credible or politically acceptable to promote the cause of entrepreneurship, business and growth – even capitalism: given the final result of years of Celtic Tiger activity and behaviour.  And yet without people getting business up and running, creating employement, creating exports, Ireland Inc cannot refloat.  I often think the US Democrat party must have felt very aggrieved at President Clinton in the end – because his behaviour probably cost them power.  Likewise the Republic party must feel the same way towards Bush, Cheney & Rumsfeld.  They may have supported much of their policies and actions – but for want of some appearance to care about those who did not support them (‘you’re with me or against me’) they got turfed out.  Here, in our own economy in Ireleland, we need to demonstrate how and why a probusiness climate is right – and how in such a pro business climate the rights of all will be cared for and respected.  Being pro business does not mean we have to shut down funding of Equality Agencies – nor does it mean that we have to accuse construction workers of not understanding the issues.  It may not even be possible to maintain a 12.5% CT rate in the immediate future.
 
I would suggest it is time for FF and FG to bury the hatchet (after nearly 100 years) – and drive a national agenda.  I would welcome a strong left of centre choice presented by Labour and any other left of centre parties.  Then we would all have some meaningful choice.
 
It’s time for a bit of ‘We’ll fight them in streets’ – that never meant we’ll fight each other in the streets.
 
 
 

Institute of Chartered Accountants in Ireland investigates Anglo Directors’ loans situation

Members of the Institute of Chartered Accountants should be relieved to read that the ICAI is to investigate the directors’ loans situation within Anglo Irish Bank.  Important for all members that matters are cleared up.  Hopefully investigation leads to prompt and clear conclusions whereby any relevant Institute members are cleared of any alleged wrongdoing or appropriate action is taken by the Institute in the event of proven wrongdoing.
 
 
 
 

Global recession – challenge for developing world

In reading Gideon Rachman’s interview with Abhisit Vejjajiva (Prime Minister Thailand) was struck again by the size of the challenge this economic crisis is posing globally.  Vejjajiva speaks of his previous experience of the World Bank and its cautious approach.  Also as the Western World struggles to sort itself out there must be a risk to a number of the emerging democratic governments worlwide.  Some would argue there may be risks to the survival of some of the democratic governments in the West.  Interesting interview with the British born and educated leader of Thailand.

Look back to 2004

Excellent talk given by Lucy Gaffney, Chairperson Communicop Group Limited, at yesterday’s Dublin Chamber of Commerce breakfast meeting.  She gave an interesting insight into the approach being taken by both Communicorp and Digicel to tackling these challenging and difficult times.  And they have taken real, practical steps.
 
Ms. Gaffney informed us that their main shareholder, Denis O’Brien, had advised them to take out the financial statements for 2004 – and to use the overhead expense number for 2004 as the overhead budget for 2009.  That gave everyone an interesting sense of purpose.
 
The key message of the presentation was that optimists will win out eventually.  You’ve got to break the problems down into manageable chunks and get started.