Where: The British Library IP Centre, 96 Euston Road, London, NW1 2DB When: 10:00-13:00, Tuesday 13th March 2018 How Much: £25 inclusive of VAT and eventbrite fees More information and to book: eventbrite Nail your strategy delivery and boost your business performance with a practical workshop that uses the Business Model Canvas visual tool. This is an interactive session. Topics covered include: An overview of strategic planning The importance of the business model – how you create and share value with your customers Planning for the future Related tools – Social Business Model Canvas and the Lean Startup Canvas Read more »
Why some people can start and complete new projects and other can’t
Howard McClusky, an educational psychologist, developed the Margin of Power concept to explore the limits of human capacity. He formalised his thinking into three elements Margin, Load and Power.
Load: the demands placed on a person by their family, work, civic duties, and their own ambitions.
- External — tasks of life such as family, career, socio-economic status
- Internal — self-concept, goals, personal expectations
Power: a person’s energy, skill, competence, and integrity. this also includes support from friends and family, society and their employer.
- Physical — strength, stamina, energy, health
- Social — ability to relate to others
- Mental — ability to think, reason
- Economic — money, position, influence
- Skills — what the individual knows how to do
Margin: a measure of the “wiggle room” each person has to complete a meaningful task, that is a surplus of power provides a cushion to handle demands placed
McClusky expressed this formally as
Margin = Load / Power
- Margin can be increased by reducing load or increasing power
- Howard suggests, subsequently, that if values could be assigned to load and power indicators, a resulting Margin of 0.5- 0.8 would provide a cushion to meet the various emergencies of life
It’s a great idea and seems to hold water. My issue with this is how are you supposed to be able to quantify this? It seems quantitative and objective measures are out. That leaves qualitative, self reported and relative measures as the basis for the theory, and we all know where that road leads.