Trust: The Tie that Binds Franchising's Future
Ever wonder what Blue MauMau's "product" is?
It's trust.
Trust first, Cooperation second
Although this sounds like it goes against traditional economic theory, high levels of TRUST are needed for EFFICIENT markets.
In an abusive relationship, trust is the first casualty. We survive by distrusting others and, unfortunately, learn to not trust our own judgments.
Not Alone
By comparing experiences, this corrosive process is reversed. Once sufficient trust has been built, systemic, experience-based solutions can be established.
The seemingly idle chat we have now will lead to information systems that are:
Their Success with lead to their Failure
However, one side's short-term economic advantage will probably continue to blind them to the need for change until it is too late.
All empires fall, without exception. Tyranny passes away not from countervailing power but is replaced by a new, higher, more adaptive evolutionary form.
The future is being built, today, right here.
May everyone be fortunate to live in interesting times!
It's trust.
Trust first, Cooperation second
Although this sounds like it goes against traditional economic theory, high levels of TRUST are needed for EFFICIENT markets.
In an abusive relationship, trust is the first casualty. We survive by distrusting others and, unfortunately, learn to not trust our own judgments.
Not Alone
By comparing experiences, this corrosive process is reversed. Once sufficient trust has been built, systemic, experience-based solutions can be established.
The seemingly idle chat we have now will lead to information systems that are:
- transparent,
- credible (to investors),
- rewarding of good behavior, and
- practical, accessible and accurate.
Their Success with lead to their Failure
However, one side's short-term economic advantage will probably continue to blind them to the need for change until it is too late.
All empires fall, without exception. Tyranny passes away not from countervailing power but is replaced by a new, higher, more adaptive evolutionary form.
The future is being built, today, right here.
May everyone be fortunate to live in interesting times!
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