Barclaycard: an innovation wasteland

by admin on October 6, 2007

in General

The saddest moment I experienced at recent conference came from sitting outside the gig at a boozer with a Barclaycard developer. You’d think that working in consumer finance would be fun. The opportunity to develop new services as derivatives from stuff like Wesabe for example must be huge. Apparently not. It seems the compliance police are all over Barclaycard web development. The net result? Nothing gets done.

I know compliance is important and have said enough about controls for regular readers to know where I stand. But when a function gets in the way of innovation then something is seriously wrong. Power misused is an ugly thing to behold.

I was struck by the profound sense of frustration experienced by this person. Geeks invent stuff. They solve problems. They love puzzles. Stifling the ability to engage in those activities is anathema. It’s like sucking out the oxygen they need with which to thrive. Any time organizations do that to anyone, productivity plummets.

The good news is that this particular developer knows when he’s beat. If our paths cross again, I expect he’ll be all smiles at a startup somewhere. Like the beaming ex-Merril Lynch developer I met the following day who was bouncing with energy.

As an aside: who said employee satisfaction doesn’t matter?

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Wow - I love the phrase "innovation wasteland." It conjures up just the right visual queue to make your point Dennis.

And you're right - far too many people do work in a stifling environment. I find that all too often, in both our personal and professional lives, we find ourselves playing defense. We defend our position, we defend against competition, we defend our intellectual property.

Fortunately (or unfortunately, depending on your point of view) innovation is on the offense - it forces us to look outward. It depends on complex, continually changing streams of information that can't be contained by any one source. Until companies are willing to make the psychological shift to allow employees to participate proactively in solving problems or getting ideas developed throughout the organization, 94% innovation failure rate will continue to hold steady.

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