Steve Denning
The website for business and 
organizational storytelling 
See daily confirmation of 
the huge impact of 
organizational & business 
storytelling in the news


This Storytelling in the News page began in November 2003 and continued on a daily basis through June 2004, providing a look at top news stories through the lens of storytelling. With 161 articles, totalling more than 500 pages, I've been showing how storytelling is already a huge part of the business and political news. 
I will still post occasional articles here, but as of July 2004, my daily efforts are focused on finishing my new book, 
A Leaders's Guide to Storytelling, to be published by Jossey-Bass in 2005. You can see advance excerpts on a daily basis, and make comments, at my new weblog at http://stevedenning.typepad.com. Hope to see you there!
"Read all about it!"                     Organizational Storytelling Is In The News

172. July 27, 2004: Biz Books reviews Squirrel Inc
171. July 27, 2004: Fast Company highlights organizational storytelling
170. July 29, 2004: Financial Times reviews Squirrel Inc
169. June 21, 2004: The Economist reviews Squirrel Inc.
168. June 3, 2004: Business Fiction (6): a review of Purple Cow by Seth Godin
167. June 2, 2004: Business Fiction (5): a review of The Fred Factor by Mark Sanborn
166. June 1, 2004: Business Fiction (4): a review of Spencer Johnson's The Present

May 2004
165. May 31, 2004: SUMMARY OF STORYTELING FOR MAY 2004
164. May 29, 2004: Business fiction (3): a review of Patrick Lencioni's fables
163. May 28, 2004: Business fiction (2): a review of "Fish!"
162. May 27, 2004: Business fiction (1): review of "Who Moved My Cheese?"
161. May 26, 2004: The story of Dick Grasso and greed at the NYSE
160. May 25, 2004: It's official! Storytelling is a fundamental skill of management. (FT)
159  May 24, 2004:  Martha Stewart and the story of the perjured witness
158  May 23, 2004: The story of Linux and the battle for the desktop
157. May 22, 2004: The saga of NAB and the prospects of a cultural revolution
156. May 21, 2004: Authenticity and the story of authentic Italian food
155. May 20, 2004: U.S. presidential campaign: the storylines of the candidates
154. May 19, 2004: The Glasgow Herald talks about organizational storytelling
153. May 18. 2004: Global markets plunge on basis of negative stories
152. May 17, 2004: Satirical storytelling flourishes at Barron's
151. May 16, 2004: In India, story of new government causes a financial panic
150. May 15, 2004: In UK, story trumps fake photos: Daily Mirror Editor resigns
149. May 14, 2004: Marketing Professionals looks at organizational storytelling
148. May 13, 2004 McDonald's ads reflect diminished role of storytelling
147. May 12, 2004: ComputerWorld talks about organizational storytelling
146: May 11, 2004: Rational exuberance and the story of the US economy
145: May 10, 2004: Financial Times discusses organizational storytelling
144. May 9, 2004: IDEO revolutionizes innovation and design with storytelling
143. May 8, 2004: No sugar high for Krispy Kreme doughnuts
142. May 7, 2004: The story of the April jobs data
141. May 6, 2004: Greenspan tells the future story of the economy and budget deficits
140. May 5, 2004: John Kotter endorses storytelling as a tool for communicating change
139. May 4, 2004: HBR storytelling article reviewed in Many Worlds
138. May 3, 2004: Learning from the story of a hotshot US trainee at Toyota
137. May 2, 2004: The stories behind the images from the Iraqi prisons
136. May 1, 2004: Harvard Business Review features storytelling: "Telling Tales"

 April 2004
135. April 30, 2004: SUMMARY OF STORYTELLING FOR APRIL 2004
134. April 29, 2004: Seeing through the "bad news" story: Icahn's fortune from Imclone
133. April 28, 2004: Investor's Business Daily features organizational storytelling
132. April 27, 2004: The story of cotton subsidies: WTO rules against the US
131. April 26, 2004: The story of Google going public
130. April 25, 2004: Using PowerPoint to empower your story
129. April 24, 2004: Global Province: growing role of storytelling in business
128. April 23, 2004: Competing stories of the impact of higher interest rates
127. April 22, 2004: The story of Nokia and Samsung: who's hot and who's not
126. April 21, 2004: The story of Eli Lilly & Co: learning from mistakes and failure
125. April 20, 2004: Spin and truth-telling in business: the cost of lying
124. April 19, 2004: The Smithsonian Associates: Organizational storytelling: Day Three
123. April 18, 2004: The Smithsonian Associates: Organizational storytelling: Day Two
122. April 17, 2004: The Smithsonian Associates: Organizational storytelling: Day One
121. April 16, 2004: Inflation and the story of money
120. April 15, 2004: The history of self-satirical narrative in politics
119. April 14, 2004: Steve Denning gives a radio talk on organizational storytelling
118. April 13, 2004: Getting the story straight on rising energy prices
117. April 12, 2004: Economists tell themselves positive future stories
116. April 11, 2004: Narrative in fashion photography
115. April 10, 2004: Story of biotech research: role of individuals in innovation
114. April 9, 2004: Dr. Condoleezza Rice's story and the issue of honesty
113. April 8, 2004: Dr. Condoleezza Rice tells her story: form vs content
112. April 7, 2004: Harvard Business Review praises hardball strategies (a.k.a. stories)
111. April 6, 2004: New England Journal of Medicine endorses narrative medicine
110. April 5, 2004: US economy: disaster scenarios fail to alarm
109. April 4, 2004: Linear vs cyclical storytelling in organizational change
108. April 3, 2004: Competing storytelling at the National Australia Bank (NAB)
107. April 2, 2004: March job data sparks positive storytelling and a market rally
106. April 1, 2004: Use of humor as a leadership tool
 March 2004
105. March 31, 2004: SUMMARY OF STORYTELLING FOR MARCH 2004
104: March 30, 2004: NYT: Thomas Friedman discovers the power of a positive story
103. March 29. 2004: Europe and the story of its goal of economic supremacy
102. March 28, 2004: Road safety program launched without a compelling story
101. March 27, 2004: NYT: role of narrative in establishing values in business
100. March 26, 2004: Richard Clarke: honesty in organizational storytelling
99. March 25, 2004: Reverse credibility gap: Starbucks' investors ignore negative stories
98. March 24, 2004: New Mercedes-Benz ad campaign features customer stories
97. March 23, 2004: Story of Gaza City killing jolts the world's stock markets
96. March 22, 2004: Republican McCain backs Democrat Kerry on national security
95. March 21, 2004: Stories spoil Dasani launch for Coke in the UK
94. March 20, 2004: Using blogs, Wikis, Instant Messaging & RSS Feeds to tell our story
93. March 19, 2004: Shell revises the story of its reserves - yet again
92. March 18, 2004: Microsoft and the European Union do battle with competing stories
91. March 17, 2004: Spanish election result caused by false storytelling?
90. March 16, 2004: Story of Spanish election depresses global markets
89. March 15, 2004: Narrative vs rational angst: cars vs terrorists
88. March 14, 2004: The inside story of the Louis Vuitton money machine
87. March 13, 2004: The story of Tom Ford, Gucci, Yves Saint-Laurent and fashion
86. March 12, 2004: The story of the Spanish terrorist bomb attacks
85. March 11, 2004: The gloomy story of the record US trade deficit
84. March 10, 2004: The story of how McDonald's is getting healthier, even in Europe
83. March 9, 2004: Martha Stewart gets a legal lesson in storytelling
82. March 8, 2004: The story of social security: Krugman, the Treasury and the Fed.
81. March 7, 2004. The story of jobs in February disappoints
80. March 6, 2004: President Bush uses humor to make his case
79. March 5, 2004: The story of copyrights and patents of intellectual processes
78. March 4, 2004: The story of successful cities and job outsourcing
77. March 3, 2004: American brand narratives in a post-9/11 world
76. March 2, 2004: The story of data, information and knowledge in the airline industry
75. March 1, 2004: The competing stories of Michael Eisner at Disney

February 2004
74. February 29, 2004: SUMMARY OF STORYTELLING FOR FEBRUARY 2004
73. February 28, 2004: Barron's uses satirical storytelling to entertain and educate
72. February 27, 2004: Wall Street Journal cites the humor story as a leadership tool
71. February 26, 2004: Greenspan tells a story about Fannie Mae & Freddie Mac
70. February 25, 2004: Storytelling acknowledged in Singapore
69. February 24, 2004: Store brands emerge as viable narratives
68. February 23, 2004: Director tells future stories to explain health care policy choices
67. February 22, 2004: Empathy: the hard-wired mechanism making storytelling effective
66. February 21, 2004: How storytelling changed the presidential campaign
65. February 20, 2004: Enron: the government unveils its morality tale
64. February 19, 2004: The story of Cingular and AT&T Wireless: an expensive bride
63. February 18, 2004: A strange love story: Americans and their SUVs
62. February 17, 2004: Economists vs. the rest: the story of jobs
61. February 16, 2004: Economic growth and the story of the Reverse Lottery Economy
60. February 15, 2004: P.J.O'Rourke and the use of springboard stories in politics
59. February 14, 2004: Autistic economics and the outsourcing of US jobs overseas
58. February 13, 2004: The story of Comcast's quest for the Magic Kingdom of Disney
57. February 12, 2004: The future story of the drug industry and big pharma
56. February 11, 2004: OPEC story causes oil price spike
55. February 10, 2004: Narrative: the key to changing people's minds
54. February 9, 2004: Shell CEO: strong performance can't save a weak story 
53. February 8, 2004: Creative destruction: the face of corporate transformation
52. February 7, 2004: The US economy and the story of the jobless recovery
51. February 6, 2004: Will Vodaphone make a real bid for AT&T Wireless? 
50. February 5, 2004: Booz Allen: Why are most companies dysfunctional?
49. February 4, 2004: Companies limit health plan coverage for retirees
48. February 3, 2004: President Bush's budget projects $521 billion deficit
47. February 2, 2004: US is to launch inquiry into the failure of Iraq intelligence
46. February 1, 2004: The world's most expensive storytelling: Super Bowl ads

January 2004
45: January 31, 2004: An old familiar story: The US economy grows - but slows
44. January 30, 2004: Love story: Disney and Pixar partnership ends in Splitsville
43. January 29, 2004: The world's most important storyteller speaks: the Federal Reserve
42. January 28, 2004: The story of investing in the China bubble
41. January 27, 2004: The Goldilocks Economy; & Sanofi's "Thundering Jupiter"
40. January 26, 2004: Takeover mania spreads to France, as Sanofi bids for Aventis
39. January 25, 2004: Agriculture subsidies and the story of "free" trade
38 .January 24, 2004: Do leaders need to tell their story? The cases of Dean & Gephardt
37. January 23, 2004: Kodak tries to convince Wall Street of its story through job cuts
36. January 22, 2004: Corporate America awakes from its long sleep
35. January 21, 2004: GM's results in the FT and the WSJ: same facts, different story
34. January 20, 2004: The story of the Iowa caucuses changes the money equation
33. January 19, 2004: The story of selling the movie business: the Venice Film Festival
32. January 18, 2004: Story vs story in the soap opera of Hollinger and Lord Black
31. January 17, 2004: Investors and consumers tell each other positive stories
30. January 16, 2004: The day after the deal, it's still the big story
29. January 15, 2004: The JP Morgan Chase/Bank One merger story: huge is beautiful
28. January 14, 2004: Morgan Stanley learns a $38 million lesson in storytelling
27. January 13, 2004: Story wipes out $15 billion from value of some oil companies
26. January 12, 2004: The story of telling the truth to power
25. January 11, 2004: Parmalat investigators probe the story of the accounting firms
24. January 10, 2004: Is marriage therapy ineffective storytelling?
23. January 9, 2004: IMF tells a grim future story of the world economy
22. January 8, 2004: False story launched a war
21. January 7, 2004: Story removes incentive for brokers' integrity
20. January 6, 2004: How a simple story will change the US Army
19. January 5, 2004: The story of the economy:  “growth hot, jobs & inflation not”
18. January 4, 2004: Barrons applies a virus story to “job loss"
17. January 2, 2004: Economists’ future stories become news

December 2003
16. December 24, 2003: Mad cow story causes massive financial loss
15. December 22, 2003: Krugman tries satire on his political opponents
14. December 20, 2003: Rules vs. Narratives in Tyco
13. December 19, 2003: Story may cost Boeing $170 million
12. December 18, 2003: Kahneman established the rationale for storytelling
11. December 17, 2003: An expensive lesson in storytelling for Daimler-Chrysler
10. December 16, 2003: New story justifies war ex post?
  9. December 15, 2003: The story of the stock market
  8. December 14, 2003: The story of junk food
  7. December 12, 2003: The story of Dow above 10,000
  6. December 11, 2003: The story of Bush's bid for isolation
  5. December 6, 2003: Do we think in images or stories?

November 2003
  4. November 16, 2003: The ethics of large organizations
  3. November 14, 2003: Gestures help us think
  2. November 13, 2003: Can story be commodified?
  1. November 9, 2003: Is this a golden age of storytelling?

How important is storytelling? A million, a billion or a trillion dollars?
    Pick up any business newspaper and what do you find? The large-scale financial impact of organizational storytelling on a daily basis. What does all this storytelling add up to?  In 1995, Deirdre McCloskey startled the rigorously analytic world of economics when she published an article in the American Economic Review entitled “Persuasion Is A Quarter of GDP.”  showing that persuasion is more than a quarter of the GDP. If at least half of this is storytelling. storytelling in the U.S. economy amounts to more than US$1 trillion annually.  In this archive, you'll find the daily confirmation of the financial impact of storytelling in the news.

Are these really stories? What the heck is a story?
   In this website, “narrative” and “story” are used as synonyms in a broad sense to include an account, or anything narrated. In practice, the use of the word "story" is very broad. Traditionalists sometimes question whether some examples are "genuine stories" or merely ideas for possible stories. If we adopt a narrower, predetermined idea of what a "real story" is, we may end up missing the most useful forms of organizational and business narratives. As an example of this phenomenon, see Gabriel, Yannis: Storytelling in Organizations: Facts, Fictions, and Fantasies. Oxford, 2001. (For more information about accepting a broad usage of "story," see Polkinghorne, Donald E.: Narrative Knowing and the Human Sciences. NY: SUNY, 1988.)
   Thus I don't see the possibility of any viable distinction between "straight news" and "stories". After all, what is "straight news" but a journalist or a newscaster telling a story about something that has happened? And very often: a journalist or newscaster telling a story about someone else's storytelling? e.g. the example on January 9 where "the news" is a story about the story being told by the statistics-ridden IMF, whom most people wouldn't think of as a storyteller. 
    But there we are. The statistics themselves aren't news. It's the story that is told about the statistics that is news. If the IMF had stuck to its statistics, its report would be gathering dust on a shelf somewhere, instead of being covered on the front page of the New York Times.
   Some may baulk at the proposition that straight news is storytelling, perhaps because we have been told for so long that there are hard solid objective facts out there, which are different from soft squishy emotional stories, and that we should stick to the former and avoid the latter. But when we think about it just a bit, we can see that we are living in a sea of the soft squishy emotional stuff on a continuing basis: there's no getting away from it.
   You'll see that some examples of the soft squishy emotional stuff on this website are more honest and truthful and stick closer to what is supported by evidence than others, but their basic nature doesn't change whether they're truthful or not - they're still stories. What the website is trying to do is to point out the most notorious examples in the business world on a daily basis and the massive financial implications of the phenomenon.

  Got comments or feedback? Steve would love to hear from you. Write to him here

 
Learn more about
  Squirrel Inc: A Fable of Leadership Through Storytelling
          a new book by Steve Denning (Jossey-Bass, June 2004)

  Storytelling in Organizations
          a new book by Steve Denning with John Seely Brown, Larry Prusak & Katalina Groh
          (Elsevier, June 2004)

   The Springboard: How Storytelling Ignites Action in Knowledge-Era Organizations 
          The acclaimed book by Steve Denning (Butterworth Heinemann, 2000)

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Steve Denning consults and gives workshops and keynote presentations on topics that include: leadership, innovation, organizational storytelling, business storytelling, springboard storytelling, knowledge management, branding, marketing, values, communication, communities of practice, business performance, collective intelligence, tacit knowledge, business collaboration, knowledge, learning, community, performance improvement, visionary leadership, social potential, institutional community building, and internal communications. You can contact Steve at steve@stevedenning.com

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