Modern Business Magazine February 2016 | Page 59

MODERN THINKING Chinese dragon and dancers. All of these participants are eager to be a part of the growth of your winery, in return for their own business ideas being actively promoted, and in the case of the other winery, surplus grapes not being wasted. Suddenly, you have Macau Moscato ready to be bottled. The cost? A bit of pride, perhaps, at previously lacking the ability to see the value in people’s big thinking and innovation. This is a value exchange, and it is also the foundation of a new type of commercial currency; skillsets and intellectual transactions. There is no money changing hands. Each party involved is gaining knowledge, information, and yes, eventually they will have financial reward from their involvement. But at this stage, your cash-poor, people-rich winery is gaining in the ‘P’ side of the P& L without financial outlay. This is one hypothetical example. The use of skills and thought as currency is something that is only going to increase in a future where knowledge means money. Time is irrelevant to a certain degree, and there is always going to be investment, if you have a strong enough product. But what there will be a shortage of is cold, hard, intellect. Don’t miss out on your own value exchange bank vault. Janine Garner is the author of ‘From Me To We’, founder and CEO of LBDGroup and works with senior leaders to build high performing teams. She passionate about the return to open and transparent corporate relationships and the power of commercial collaboration in futureproofing careers and businesses. For more information visit http://www. janinegarner.com.au February 2016 ModernBusiness 95