Scale and Complex Systemic Innovation
JANUARY 2, 2012
They are highly motivated to bring to market new products which offer significantly improved designs and/or lower costs, and thus gain competitive advantage and market share from the established leaders in their segment of the market. But, it is not enough to be large for a company to succeed at complex systemic innovation. markets.”
Learning and Performance Support Systems
Stephen Downes: Half an Hour
DECEMBER 4, 2013
What follows is a version of the case we presented to NRC senior executive in order to have this program approved. to $2.5M.
How Can We Ensure that Our Complex AI Systems Do What We Want Them to Do?
APRIL 7, 2015
Software-intensive systems are generally quite flexible, - able to evolve and adapt to changing product and market requirements. Cyberattacks.
Low-Cost Test and Quiz Tool Comparison
AUGUST 31, 2010
I’ve recently been working with Sameer Bhatia the CEO of ProProfs as I was going through an evaluation of various online tools that support easy, fast, low-cost testing and quiz tools. Evaluation Criteria For the specific need I was looking at, I was looking for the following out of a solution: Cost : Is the tool free or very-low cost to use?
The cost of codification
FEBRUARY 11, 2011
At the highest level of abstraction (you have a conversation with yourself) the cost of codification is very low as you have a 100% shared context (hopefully). On the other hand if you want to share your knowledge with everyone then the cost of codification will approach infinity. Friday's Finds
The Evolution of the Internet of Very Smart Things
OCTOBER 15, 2014
It’s impractical to move all that data to a central cloud for analysis and actions. The cost of connectivity. Not future-proof.
The Economic Potential of The Internet of Things
JULY 14, 2015
The study is based on a careful analysis of over 150 concrete IoT applications across the global economy. Settings -based Economic Value .
The Emergence of Cognitive Computing
NOVEMBER 5, 2011
The colloquium, - which was part of IBM’s Centennial celebration, - brought together experts across industry and academia to discuss and debate the direction of four key Grand Challenges at the very leading edge of IT: nano systems, exascale, big data, and cognitive computing. players, is one of the most advanced such cognitive systems.
Reflections on the Longevity of Mainframes
SEPTEMBER 12, 2012
As pointed out in the announcement, the new system is a result of more than $1B in R&D investments over the past four years, resulting in major improvements in performance, security, availability and other key enterprise features. The architecture of client-server systems was quite different from that of mainframes.
The Untethered, Hyperconnected Enterprise
JUNE 8, 2012
With digital platforms, cloud and other such capabilities, the cost of experimentation is much lower than in the past, whereas the cost of missed opportunities is very high. Unlike the academic panel, the CIOs emphasized the need for ROI analysis and careful planning, especially when considering big technology bets.
Is There a STEM Crisis or a STEM Surplus?
AUGUST 9, 2016
Their analysis yielded the following findings: “The STEM labor market is heterogeneous. Is the US facing a critical shortage of STEM skills?
New Tools Beget Revolutions: Big Data and the 21st Century Information-based Society
MAY 29, 2013
We’re only now at the beginning of understanding how to map the financial system,” Lo said. “I’m That’s a remarkable change.
The Rise of the T-Shaped Organization
DECEMBER 15, 2015
It requires detailed analysis of technologies, quality, processes, competitors, customer satisfaction and market segments.
“Flexible Security”: A Sensible Social Policy for our Digital Age
JULY 7, 2015
First, all important rules should be subjected to cost-benefit analysis by an independent watchdog… More important, rules need to be much simpler.”.
Parallel Supercomputing: Past, Present and Future
JULY 31, 2013
Everything changed, from the underlying computer architecture, to the operating systems, programming tools, mathematical methods and applications.
The Big Data Era Is Here
FEBRUARY 2, 2015
During the meeting, the TRB Executive Committee held a policy session on the impact of big data on transportation systems. Privacy. “We
Automation and Employment in the 21st Century
MARCH 7, 2017
McKinsey’s comprehensive report, - over 130 pages, - is the most detailed analysis I’ve seen on the subject. Technical Feasibility.
Cloud, Services and the Transformation of Production
MARCH 26, 2014
Is it a return to centralized computing , driven by the rising complexities, management costs and energy inefficiencies of distributed systems?
eLearning Costs : eLearning Technology
SEPTEMBER 10, 2009
Embracing Disruptive Change - Why Is it So Difficult?
MAY 19, 2015
Complex Systems Economic Issues Innovation Management and Leadership Technology and StrategyLet me share some of my thoughts on these questions.
Realizing the Potential of the Digital Economy
SEPTEMBER 8, 2015
The report introduced the Digital Evolution Index , a data-driven analysis of the unique digital trajectory being followed by each of the 50 countries.
Business Winners: Combining Scale with Agility
FEBRUARY 25, 2011
Operational excellence entails improving the existing products and services of the company with a string of incremental innovations that will add new features, lower cost and improve quality. It cannot be based on rigorous information analysis, because in its early stages, there is little information to analyze. Companies are born.
Big Data Takes Center Stage
JULY 3, 2013
In 2000, only one-quarter of the world’s stored information was digital and therefore subject to search and analysis. So is big data. .
The Changing Nature of Globalization in Our Hyperconnected, Knowledge-Intensive Economy
JUNE 18, 2014
McKinsey’s analysis found an overall positive correlation between increased flows and GDP growth. What do we mean by a hyperconnected economy?
Pareto Paring - Achieving Strategic Cost Reduction
NOVEMBER 18, 2008
As revenues erode, cost cutting becomes a top priority for all firms. There is the great leveler – everyone is mandated to take the same percent out of their cost base. Most can see that this makes no sense – all costs are not equal and some parts of the business are much less productive than others. So, what is the alternative?
Leveraging the Passions of Fans
DECEMBER 10, 2014
It used surveys, interviews and social media analysis to better understand how international football fans engage with their favorite teams.
Strategy and Execution in an Increasingly Complex World
JULY 12, 2012
Often, this is because they associate strategy with analysis and execution with getting things done, and they attribute more value to doing than to analyzing.” . Our world is increasingly subject to failures that require systems-level and cross-systems-level thinking and approaches. Let me say a few words about each. .
A Data Science Approach to Organizational Health
MAY 7, 2014
A 2013 Deloitte report, Success or Struggle? Strong competitors keep appearing from all corners of the world.
Shaping the Future of the Internet
FEBRUARY 16, 2016
As is the case with any complex system, the Internet’s design has been the result of many different choices. But at what cost? “To
Complex Organizational Systems: Some Common Principles
JUNE 20, 2009
Last week I attended the second Engineering Systems Symposium at MIT. The Symposium was co-sponsored by MIT’s Engineering Systems Division and CESUN - the Council of Engineering Systems Universities. Chuck Vest , - former MIT president, and now head of the National Academy of Engineering , - gave an excellent keynote address.
Is a College Education Still Worth It?
JUNE 11, 2014
Not going to college will cost you about half a million dollars.” Then we have the student debt crisis. Inequality provides incentives.
The IT-based Transformation of Services
OCTOBER 13, 2011
The codification of service activities allows the rapid replication, analysis, re-configuration, customization, and creation of new services. We can measure how much it costs to produce these offerings and measure productivity by how much those costs decrease over time. Kushida. We call this the Algorithmic Revolution.”
The Science of Information-based Predictions
DECEMBER 12, 2012
This enable the system to assign a probability to different career trajectories for the player being evaluated. . of reelection. 6.” .
The right tool for the right job
MARCH 12, 2013
However, HPT, especially performance analysis can be a useful tool, if used selectively and appropriately. Performance Improvement
The Competitive Value of Data: From Analytics to Machine Learning
JANUARY 31, 2017
More recently, the European Commission has accused Google of unfair competition based on its Android mobile operating system.
What is stopping companies from measuring learning: Skillsets, datasets, toolsets or mindsets?
MAY 16, 2014
Are they simply another budget line item or overhead cost? And this is a high-stakes issue. It''s no small sum of money on the table. Datasets.
The Limits of Strategy
SEPTEMBER 17, 2010
I first met Ernie some time in the mid 1980s when I was VP of development in IBM’s large systems division. He focuses on the major changes that the IT industry, and its four leading companies went through in the early 1990s: “In our analysis, 1992 was a killing year for the four computer companies most important to business buyers.
The Employment Challenge in the US Economy
JUNE 26, 2011
Spence and Hlatshwayo examined the evolving structure of the American economy from 1990 to 2008 by looking at its tradable and nontradable components using data from the US Bureau of Labor Statistics and the Bureau of Economic Analysis. I was invited to participate and contributed an essay, “ What’s Next in the Knowledge Economy?
The Long Term Impact of AI on Jobs - Some Lessons from History
JULY 26, 2016
Governments took a century to respond with new education and welfare systems.”. What impact will AI have on jobs? How should we respond?
Openness: Why learners should know about, and influence, how decisions are made about their learning
FEBRUARY 10, 2012
Systems can be closed and blackboxed only once they are working well and the context in which they exist is stable. Move fast. Be bold. Be open.