The Fourth Industrial Revolution

Irving Wladawsky-Berger

The Fourth Industrial Revolution: what it means, how to respond was the central theme of the 2016 World Economic Forum (WEF) that took place earlier this year in Davos, Switzerland. Scope : Disruptions are taking place in “almost every industry in every country.”.

The Puzzling Technology Adoption Discrepancy Between Individuals and Institutions

Irving Wladawsky-Berger

The Foundation index, measures the fast moving advances in technology performance and adoption, as well as the shifts of global public policy that are reducing the barriers to entry and movement. This discrepancy in technology adoption has been observed for the past few years.

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The connected enterprise adoption curve

Harold Jarche

Now here we are with all that we know, or should know, about the importance of informal relationships, creating high performance work environments and learning cultures. These are the early adopters. [First.]

Third Industrial Revolution – Review

Harold Jarche

Tweet The future should be networked writes Jeremy Rifkin in The Third Industrial Revolution. He sees the next industrial age, one bridging industrialism to continental collaboration as the most feasible post-carbon future.

Is Blockchain Ready to “Cross the Chasm”? Lessons from the Internet

Irving Wladawsky-Berger

Earlier this year, IBM conducted the largest study to date on the state of adoption of blockchain. The study interviewed almost 3,000 C-Suite executives from over 80 countries and 20 industries to learn about their company’s blockchain plans.

Becoming a Data-Driven Business: Challenges and Opportunities

Irving Wladawsky-Berger

Given rapid technological advances, the question for companies now is how to integrate new capabilities into their operations and strategies - and position themselves in a world where analytics can upend entire industries.”.

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Personalization for Knowledge Workers

Xyleme

We’ve adopted a philosophy of hiring the talent where it is, promote hard work and high quality of life, and have cultivated a virtual culture of global collaboration and communication. Content Development Industry Talk Instructional Design L&D

The Datafication of Business and Society

Irving Wladawsky-Berger

But digitalization , - its companion concept which captures the impact of the digital revolution on the economy and society, - has been in use since computers were widely adopted around 60 years ago.

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What’s the Value of Blockchain?

Irving Wladawsky-Berger

Like the Internet, blockchain is a foundational technology, whose adoption process is gradual, incremental and steady, unlike the hockey stick adoption we typically associate with disruptive technologies as defined by Clayton Christensen 20 years ago.

The (Uneven) Digitization of the US Economy

Irving Wladawsky-Berger

The report introduces the MGI Industry Digitization Index, a methodology for exploring the various ways US companies are going about their digital journey, - based on 27 indicators that measure how they’re building digital assets, expanding digital usage, and creating a digital workforce.

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The Internet, Blockchain, and the Evolution of Foundational Innovations

Irving Wladawsky-Berger

But the adoption process of foundational technologies like blockchain is gradual, incremental and steady, unlike the hockey stick adoption we typically associate with disruptive innovations. What’s the likely adoption process for foundational technologies like blockchain?

The Rise of the T-Shaped Organization

Irving Wladawsky-Berger

That can be from any number of different fields: an industrial designer, an architect, a social scientist, a business specialist or a mechanical engineer. It’s not so easy to be good at both operations and strategy because they require fairly different talents and cultures.

The Evolution of the Internet of Very Smart Things

Irving Wladawsky-Berger

Fog or Edge computing might well become a new computing model , the 4th such model in the IT industry’s 60 year history. Cloud Computing Complex Systems Data Science and Big Data Economic Issues Innovation Services Innovation Smart Systems Society and Culture Technology and Strategy

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The Economic Potential of The Internet of Things

Irving Wladawsky-Berger

After reviewing the results of their analysis, the study concluded that looking at IoT through the lens of individual applications and industries was inadequate. Adoption depends on having certain technologies, organizational capabilities, and policies in place.

The Continuing, Transformative Impact of IT

Irving Wladawsky-Berger

Given their wide acceptance and growing deployment, there is little doubt that by 2025 these four IT trends will have a transformative impact on companies and industries around the world. Last month, the McKinsey Global Institute published Ten IT-enabled business trends for the decade ahead.

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The Complex Nature of Cloud-based Innovation

Irving Wladawsky-Berger

Some of the reasons are organizational and cultural. A recent McKinsey study on Cloud and Innovation observed that “The problem in many cases is that adopting cloud technologies is an IT initiative, which means that cloud solutions are all around improving IT and IT productivity.

The Slow, Steady March Towards Digital Money

Irving Wladawsky-Berger

As in previous years, the Symposium convened a group of leaders in their field to explore the state of adoption of digital money and its economic and societal impacts around the world. . The 2015 Digital Money Index was expanded to include industry-specific dimensions.

You Need To Launch An Internal 2.0 Adoption Council

Dan Pontefract

concepts, cultures and applications. train is culturally, technologically and organizationally superior than yesterday’s industrial model. Adoption Council. The intention is to ensure the culture, systems and structure changes that are happening or about to happen in the future (see previous blog post here ) are all equally being addressed at the organizational, business unit, team and individual levels of the company. Adoption Council within your own org.

Automation and Employment in the 21st Century

Irving Wladawsky-Berger

Ever since the advent of industrialization over 200 years ago, there’ve been periodic fears about the impact of technology-based automation on jobs. The costs of developing and deploying these solutions will affect the business case for adoption.

A Growing Backlash Against the Relentless Advances in Technology?

Irving Wladawsky-Berger

Innovation is a response to the historical changes taking place in technology, business and society as we transition from the industrial economy of the past 200 years to an emerging 21st century digital economy. We hope that, as in the past, new industries will give rise to exciting new jobs.

The Future of Financial Services

Irving Wladawsky-Berger

Financial services (FS) was one of the first industries to embrace ICT, automating their back-office and branch operations and developing innovations like credit cards and ATMs. The wide adoption of the Internet in the 1990s led not only to online banking, but paved the way for e-commerce. .

The Holy Trinity: Leadership Framework, Learning 2.0 & Enterprise 2.0

Dan Pontefract

The traditional ‘learning’ folks are trying to sort out how to revolutionize the industry by augmenting their formal learning strategies to incorporate social media, social learning, social networking and the like. Adoption Council , they need a cross-functional team (the Enterprise 2.0

The Evolution of Design Thinking

Irving Wladawsky-Berger

The School of Design in London’s Royal College of Art has long been pushing the boundaries of industrial design. The habit of publicly displaying rough prototypes hints at an open-minded culture, one that values exploration and experimentation over rule following.” .

Fred Wilson’s talk at LeWeb

Doc Searls

Transaction and communication costs were so high in the industrial era that these pyramids were the best way to organize work and run systems. No radio or music industry required. Creative industries like Kickstarter and VHX. In the larger world, Android is being adopted massively on cheap phones. When the industrial revolution came along, we had polluting.

The Blockchain and Open Innovation

Irving Wladawsky-Berger

It has the potential to revolutionize the finance industry and transform many aspects of the digital economy. . The Internet and World Wide Web introduced a culture of standards to the IT industry. Transformational innovations don’t always play out as originally envisioned.

How Will AI Likely Impact How We Work, Live and Play?

Irving Wladawsky-Berger

The auto industry has been adding L1 features to cars for over 40 years, and more advanced L2 features for the past two decades.

On the Complex Evolution toward Mobile Digital Payments

Irving Wladawsky-Berger

Same with the payments community : “Well, hello Apple, and welcome to the payments industry. By embracing key industry standards, Apple Pay could encourage their widespread acceptance around the world, and thus help coalesce this fragmented payment ecosystem.

Are Smart Cities Empty Hype?

Irving Wladawsky-Berger

In discussing the nature of smart cities platforms, Siegele asked whether I thought that cities would adopt proprietary platforms. Complex Systems Data Science and Big Data Economic Issues Education and Talent Innovation Political Issues Smart Systems Society and Culture

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A Kind of Digital “Perfect Storm”

Irving Wladawsky-Berger

Every day brings new stories about the impact of digital technologies on every aspect of the world around us, including their transformative impact on companies in just about every industry. Mobile is furthest along while cloud adoption is taking off.

The Vital Role of Research in Preserving the American Dream

Irving Wladawsky-Berger

Research has been primarily funded by federal and state governments, industry, universities and philanthropy, but its investment dynamics have significantly changed over the decades. .

The Evolution toward a Global Digital Money Ecosystem

Irving Wladawsky-Berger

Innovation in payments is a long journey from idea to ignition and adoption given the complexities associated with igniting innovation in payments. The finance industry did so decades ago, when it adopted common payment instruments like checks, credit cards and debit cards.

Big-Bang Disruptions: The Innovator’s Dilemma in the Digital Economy

Irving Wladawsky-Berger

Industry leaders are often blindsided by such innovations, because their attention is focused on their existing products and customers. “No No company or industry is immune.” . Once it’s clear that the innovation is inevitable, the company must step up to embrace it, - whether it likes it or not, - with efforts like in-house skunkworks , marketplace experiments, collaborations with early adopters and evaluation of potential acquisitions.

Can Innovation Continue to Drive Long-Term Economic Growth?

Irving Wladawsky-Berger

The rapid growth and rising per-capita incomes we experienced during the Industrial Revolution of the past two and a half centuries might have been a unique episode in human history. Has the ideas machine broken down? is the lead article in the January 12 issue of The Economist.

The Global Business Environment: Success or Struggle?

Irving Wladawsky-Berger

A few weeks ago I wrote about one of them, The burdens of the past , which dealt with the growing gap between individuals and institutions in their adoption of knowledge-sharing technologies. Advances in technology are eroding the prevailing business models in industry after industry, - including IT, media, retail and banking. The Wikipedia entry succinctly observes: “Companies that once revolutionized and dominated new industries.

Realizing the Potential of the Digital Economy

Irving Wladawsky-Berger

Could the economic inclusion of billions of more educated and financially empowered consumers become the engine that powers the creation of new industries and new jobs, both in emerging and developing nations? .

Bigger is Not Necessarily Better in Our Information-Rich Digital Economy

Irving Wladawsky-Berger

The mass production of standardized products is a defining hallmark of the 20th century industrial economy, bringing high productivity and low costs to a wide variety of products, - from household appliances to cars.

Should Your Company Get on the Blockchain Learning Curve Now or Wait?

Irving Wladawsky-Berger

I explored this question by comparing blockchain today to the Internet in the early-mid 1990s, which is roughly when the Internet made its own transition from early adopters to mainstream users. It’s still in its early adopters stage, - perhaps akin to the Internet in the late1980s.

Hurricane Sandy: a 21st Century Wake-Up Call?

Irving Wladawsky-Berger

ICT has evolved in the general purpose technology of our time, given the critical spillovers to the other economic sectors and their role as industry-wide enabling infrastructure.

A Great Stagnation or a New Golden Age of Innovation?

Irving Wladawsky-Berger

According to Perez , over the past couple of centuries we have had such a technology-based economic and societal revolution every 40 - 60 years, starting with the Industrial Revolution in 1771, which was characterized by the emergence of machines, factories and canals. One can take good ideas already in use elsewhere, adopt them, and make use of underused stocks of people and capital. The 1700s and 1800s yielded revolutionary innovations in industry, chemistry, and electricity.

Learning is the Work

Beth Kanter

Dave Gray : Dave Gray is a guru on the topics of design, innovation, culture and change. Most importantly, it is about building a professional network of peole in your industry or professional area (external experts and others) and interacting with them to keep up to date.