Stimulating Growth Across An Entire Sector
Reimaging information ecosystems, collective intelligence, work dynamics and educational systems to enhance sector wide outcomes.
What causes a sector to evolve?
What are the macro systems that influence the development of a sector?
What are the second-order effects of a sector’s development?
How do you catalyse the progress of a sector?
How to fix a failing sector?
What measures determine the progression of the sector?
These questions are usually asked by industry bodies, or even governments seeking economic growth.
One strategy is to look at fast-growing sectors to understand what the organisations and industries in the sector are doing so effectively. What technology are they utilising? How are they serving their customers? What are the common business models? What is the need for their products and services? Are the governing regulations fair and effective or preventative? - There’s certainly no shortage of questions to ask here.
Work backwards to the first principles of sectoral development and you’re ultimately left with an equally broad and deep landscape of everything organisations and professionals are doing to achieve their mission.
Mission is the starting point of effective sectoral growth. Often the mission isn’t particularly clear. For energy the mission is simple. Transition away from carbon-producing energy to clean renewable energy that can provide abundance across the planet. It doesn’t matter if that comes from the nuclear power industry, wind turbine industry or nuclear fusion industry they have a common sector mission to change the way billions of humans utilise energy. But take the internet and the mission expands and becomes less clear. Is the mission to give everyone access to the global internet? Is it to make traditional economic drivers more efficient? Is it to enhance knowledge through networked collaboration? Is it to watch cat videos?
Mission may be the central focus of sectoral development, but it is not the core driver. Financial gain and power dynamics are the fuel of sectoral development. Inevitable in the society we live in. The grapple of collaboration and competition are both pillars of an economically charged race to the top that ultimately defines a sector.
What are the functions of sectoral development most commonly used today?
Instead of launching into another tirade of hypotheticals, I want to offer a framework that forms a solution to the sectoral growth problem. A focused view of what sectoral development could be. Aligned with a new definition of growth.
Growth Value is a mission-oriented model that drives sectoral development. It is made up of two novel systems, 4D Growth and 4C Information.
The four dimensions of Growth (4D Growth) define its delivery and success. Categorised under Personal, Professional, Organisational and Sectoral Growth that lie at the very heart of what it means to work. Our strengths & weaknesses, focus & specialities, mission & objectives, operations & outcomes, are all consolidated in one framework.
It applies to everyone from the CEO down to the average employee. From new startups to public companies. This model drives innovation, novel solutions, influential insights, collective intelligence, advanced productivity and financial success beyond the capacity of any existing platform, network or development model. Growth Value = mission progress.
We broke down the first principles that influence the development of an entire sector. Everything from the role of the individual right up to the coordination of millions of people worldwide. Inspired by investigations into tech’s 30-year rise and the more recent innovation in the energy sector and web3.
4 Dimensions, hundreds of focused sub-categories, and thousands of actionable, measurable points of development.
Recognised business structures of professional development, business development, technology integration, networking, up/re-skilling, learning & development, hiring & talent discovery, remote working and productivity are optimised into the process of Growth Value. Everything professionals and businesses need to grow and increase their impact is more effectively understood, delivered and measured through one focused framework.
A comprehensive assessment of the macro systems that influence each professional and every organisation. An intentionally open-ended model, adaptable to the increasingly fast-moving world. A grounded perspective on what it means to work since the turn of the 2020s and beyond.
The Four Dimensions Of Growth
The four dimensions that make up Growth define its success
Personal Growth - The often overlooked foundation of any success in the professional world. Intentional development in areas of personal growth set you up to become much more effective in your role.
Professional Growth - The capacity for each professional to fulfil their professional purpose. Ensuring you have the right skills, experience and knowledge to create value for your team and organisation.
Organisational Growth - The capacity for an organisation to fulfil its mission. How to balance mission, financial and operational components, creating a highly effective organisation.
Sectoral Growth - Usually a measure rather than a pursuit, sectoral growth is an intentional development of every organisation and professional across industries and verticals. It is designed to create more effective outcomes for everyone in the sector.
4D Growth gives every professional an intention behind the work they do. It aligns with the truly foundational purpose of why they work, providing clarity on their pathway forward. It offers organisations the perspective they need to plan and execute the success of their mission. And the framework for the entire sector to optimise how to approach redesigning crucial systems that are failing to mitigate the problems of health.
The last section was an excerpt from the whitepaper on how to develop the health sector. You can read more here.
The big question with 4D Growth as the mechanism for enhanced sectoral development is how to make it more efficient? Each of the dimensions and categories already exists to some extent across every sector. There is nothing novel in the approach, only the unity of the 4 dimensions.
Synergise the four dimensions and it becomes a greater catalyst for sectoral development. This can’t be done through conferences, monthly web summits, leadership talks or traditional structures of information sharing.
We need to reimagine how we transfer information more effectively to every individual and organisation across the sector. That is where the major turning point lies.
Information works in four dimensions in relation to sectoral development. Content, Communication, Collaboration and Coordination. Optimise these 4 components and you add the efficiencies to 4D Growth required to produce mission-aligned sectoral development.
To read more about the relationship between 4D Growth and 4D Information check out this article -
Let me know your thoughts on the 4D Growth concept. How do you apply it to your sector to stimulate more effective sectoral development?