Exaggeration

Po: - policeman has many eyes.......................the community become the eyes for the police. This resulted in the establishment of Neighbourhood Watch and Crime Stoppers where people in the communties are the "eyes and hears" for the police. They help the police stop and solve crimes in communities by providing information. This includes recording and providing video footage from home security cameras.

Po: - play test cricket like one-day matches.........Australian cricketers were playing test cricket like one-day players and breaking records, ie won 21 one day internationals, 17 test matches and 5 test series in one year

Po: - watches are fashion statements........Swatch changed the concept of watches from a time piece to a thing of fashion, and aided the recovery of the Swiss watch industry after the decimation of the industry by the quartz movement technology in 1960s

Po: - eliminate the engineering department........better integration and link up between departments that saved millions of dollars (Dupont)

Po: - electricity as a contraceptive............................the introduction of electricity into villages on the Indian subcontinent resulted in a lowering of the birthrate as most adults went to bed later than normal, ie tired, and to sleep.

Po: - cable TV empowers females......................on the Indian subcontinent, women who recently accessed cable TV were significantly less willing to tolerate wife-beating, less likely to admit to having a son preference and more likely to exercise personal autonomy. These rural Indian women saw cosmopolitan images on their TV sets with women dressing as they please, handing their own money, and being treated as neither property nor baby-making machines. Furthermore, families with cable TV had a lower birthrate than families without TV and kept their daughters at school longer. A lower birthrate generally means more autonomy for women and fewer health risks.

Po: - one-of-a kind to many-of-a-kind.........................mechanical office duplicating initially received a lot of resistance as it upset long-established office patterns, such as the use of the typewriter with carbon paper copies, and the concept of copying had a negative connotation, ie counterfeit reproductions of originals in the art world. Only in the 20th century did the idea of copying take on a more positive connotation like "plenty" or "abundance"...he mimeograph first became popular at the start of the 20th century; this was followed by the photostat (owing to high costs, its use was generally limited to drawings of architects and engineers, and copying legal documents); later offset printing appeared in the 1930s. These were regarded as duplicators rather than copiers. Then in 1950s machines began quickly producing many copies without the use of a master page and at a cost of a few cents per page. All these early machines had serious and frustrating defects, like using special treated paper, until xerography ("dry writing", ie dry, good-quality permanent, cheap copies of ordinary paper produced quickly and with a minimum of trouble). .
Starting in 1959, Xerox produced its first automatic xerographic office machine and by 1966 had sold 0.5 b; its share price showed a similar rise, ie
"...Anyone who brought shares towards the end of 1959 and held them until early 1967 would have found his holdings worth around 66 times its original price..."

John Brooks, 1969

Po: - applying private sector concepts and skills to social policy.........................social impact bonds link private capital with social outcomes, ie private investors share in the risks and rewards of social service programs underpinned by government contracts. This will reduce financial pressure on areas like social housing, keeping children out of foster care (in New South Wales, Australia, this is expected to save more than A$100 m. over the next 15 years as fewer carers will be required as the program aims to reunite families), etc. 

"...social impact bonds subject charities to the scrutiny of the capital markets because of the terms and focus on achieving specific social outcomes, and the investor returns improve as the outcomes do. Social bonds and other forms of social impact investing have the potential to benefit government and taxpayer by reducing costs and improving social policy outcomes..."

James Eyers, 2015

Business people bring a set of skills that can be very useful in developing public policy; they are problem solvers who understand trends and are willing to take opportunities, after the appropriate research (like looking at the detail, thinking through the options and coming up with the best evidence-based approach), that will work in the communities

 

 

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