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 Collaborative, Sharing Economy

Irving Wladawsky-Berger

One of the most intriguing was The Collaborative Economy , by Jeremiah Owyang , a partner and analyst at Altimeter Group , whose research focuses on the changing relationships between companies and their customers. . The collaborative economy feels very different.

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A framework for industry leadership based on collaboration

Ross Dawson

As part of the workshop we used a framework that I originally developed over a decade ago in the context of collaboration in the financial services industry, but I have used in the last year in industries as diverse as healthcare, airlines, and professional services.

Scale and Complex Systemic Innovation

Irving Wladawsky-Berger

He believes that the current US economy favors big companies over small ones because in today’s environment, three key forces are driving innovation: large-scale ecosystems; globalization; and the vast, systemic challenges posed by business and societal problems that technology now enables us to address. This kind of complex systemic innovation leverages lots of known ideas and makes them work together to help address important problems.

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.

Our New Head of Service Design: On the state of the industry, its value, and why Capital One

Adaptive Path

Where is the industry headed? Rather, it is a social practice that supports and weaves through just about everything a business does : from that first moment of truth with a customer, where they engage, keep engaging, and ultimately become an advocate; to the thoughtful design of the systems, technology, culture and practices of the teams that enable all of this. It doesn’t work without collaboration, and neither does design. Hey, there’s someone we’d like you to meet.

Corporate Survival: Lessons from Biology

Irving Wladawsky-Berger

The carnage might be more pronounced in the fast-changing IT industry, but no industry is immune. A few weeks ago I discussed a paper published last year, The Mortality of Companies , by physicist Geoffrey West and his collaborators at the Santa Fe Institute.

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A Novel Approach for Measuring the True Impact of the Digital Economy

Irving Wladawsky-Berger

A truly digital economy is one in which businesses from across the industrial spectrum are investing in digital and making the most productive use of it,” notes the report. “The mechanisms by which this is happening are complex and evolving.

Minds and Machines

Irving Wladawsky-Berger

With the advent of ERP systems and the Internet in the 1990s, businesses settled on what McAfee and Brynjolfsson call the standard partnership between people and computers. Its central thesis is that our mind is composed of two very different systems of thinking, System 1 and System 2.

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The MIT Systems Thinking Conference

Irving Wladawsky-Berger

I recently participated in MIT’s 2010 Systems Thinking Conference for Contemporary Challenges. This annual conference is sponsored by Systems Design and Management (SDM) - an interdisciplinary program between MIT’s School of Engineering and Sloan School of Management. The SDM program aims to provide mid-career professionals with a systems perspective that will help them address and solve large-scale, global, complex challenges.

Blockchain and the Future of the Firm

Irving Wladawsky-Berger

Big, multinational companies dominated most industries, - GM, Ford and Chrysler in cars, Citibank, American Express and Morgan Stanley in finance, and Esso/Exxon, Mobil and Texaco in oil and gas.

Gender Diversity, Empathy and Technology

Irving Wladawsky-Berger

To understand what might account for such large gender disparities in the incidence of autism, Baron-Cohen formulated the Empathizing-Systemizing theory, which classifies people on the basis of their scores along two key dimensions: empathy (E) and systems (S).

The next generation of computer interfaces will drive better remote collaboration

Ross Dawson

Now Underkoffler’s company, Oblong Industries , has created the collaboration platform Mezzanine, shown below. Remote collaboration is absolutely the right application. and shared his own video of using the system.

Cloud Computing and the Supply Chain of Services

Irving Wladawsky-Berger

This is a clear indication that the industry has moved beyond elementary knowledge-gathering and onto the practicalities associated with cloud implementation and rollout.” S till, debates continued on the true definition of cloud computing.

Becoming a 21st Century Digital Tinkerer

Irving Wladawsky-Berger

Our educational system has long been based on the assumption that learning is mostly about acquiring knowledge as well as critical skills to enable us to apply whatever we learned in school throughout our careers, say 30 - 40 years.

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On the Governance of Blockchain: Lessons from the Internet

Irving Wladawsky-Berger

The Internet and World Wide Web brought a badly needed culture of collaboration and standards to the IT industry. In the 1980s, it was quite difficult to get different IT systems to talk to each other.

The Need to Adapt to the Speed of Change or Die: lessons for L&D from the retail industry

Charles Jennings

As with the many bookshops that have been forced to close in the face of new entrants to the publishing and distribution market – Amazon and Apple – the retail music industry certainly saw what digitisation was doing. Yesterday another great British institution slid into the history books.

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

Irving Wladawsky-Berger

The study interviewed almost 3,000 C-Suite executives from over 80 countries and 20 industries to learn about their company’s blockchain plans. They make up an average of 8 percent across all industries, with higher activity in certain industries like financial services.

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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Platforms, Blockchains, and the Evolution of Trust

Irving Wladawsky-Berger

Brooks’ article focused on the rise of the on-demand economy , - aka, the collaborative, sharing, peer-to-peer economy, - and in particular on the surprising success of Airbnb.

Man, Machine, and Work

Irving Wladawsky-Berger

People have long worried about the impact of technology on society, whether discussing railroads, electricity, and cars in the Industrial Age, or the Internet , mobile devices and smart connected products now permeating just about all aspect of our lives.

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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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Could Blockchain Prove to Be “The Next Big Thing”?

Irving Wladawsky-Berger

Over the past several decades, information technologies (IT) have been fundamentally transforming companies, industries and the economy in general. However, banking has been relatively less disrupted by digital transformations than other industries.

The Evolution Toward Digital Supply Chains

Irving Wladawsky-Berger

Innovations in their design and in the algorithms that guide their perception, reasoning, control, and coordination are driving the development of a wide variety of industrial and personal robots. Purposeful Collaboration.

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Global Trends and Business Strategy

Irving Wladawsky-Berger

The ability to anticipate where your industry is moving and to begin to reposition your company ahead of competitors is one of the most important elements of business strategy. They could transform entire industries, including automobiles, aviation, and electronics.

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

Irving Wladawsky-Berger

The Internet and associated technologies like smartphones and cloud computing have significantly lowered the costs of collaboration and experimentation, enabling innovations to emerge more rapidly. It has the potential to become the system of record for all transactions.

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. Data is absolutely essential to IoT systems.

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The Future of Financial Services

Irving Wladawsky-Berger

In 2010, the BBC and the British Museum collaborated in a project called A History of the World , based on one hundred objects from the collection of the British Museum, around which you can tell the history of humanity over the past two million years.

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Open Innovation 2.0

Irving Wladawsky-Berger

Closed innovation was the general approach followed by industrial R&D labs during much of the 20th century, - e.g., Bell Labs , Xerox PARC , IBM Research. Open innovation processes combine internal and external ideas together into platforms, architectures, and systems.

Personalization for Knowledge Workers

Xyleme

The Collaborative, High-Skill Worker. The 2013 high-skill knowledge worker is connected, mobile, global, dispersed and relies the new breed of communication, and collaboration technologies to do business. Content Development Industry Talk Instructional Design L&D

Skills and Jobs in the Digital Economy

Irving Wladawsky-Berger

This was the case for much of the Industrial Revolution, as is the case today. “The Equipment : Equipment Maintenance, Installation, Operation Monitoring, Repairing, Systems analysis, Troubleshooting, ….

Is the Blockchain Now Reaching a Tipping Point?

Irving Wladawsky-Berger

In the early years of the IT industry, the proprietary products of different IT vendors did not work well with each other. Just sending an e-mail or exchanging information across systems based on different vendors’ networks and applications was quite a chore.

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The Datafication of Business and Society

Irving Wladawsky-Berger

Data science and datafication may be new, but the relationship between computing and data goes back to the early days of the IT industry.

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The MIT Second Machine Age Conference

Irving Wladawsky-Berger

The machines of the industrial economy, - the first age, - made up for our physical limitations, - steam engines enhanced our physical power, railroads and cars helped us go faster, and airplanes gave us the ability to fly. The DRC is another example of human-robot collaboration.

Why People and Companies Die While Cities Keep Growing

Irving Wladawsky-Berger

Dr. West is Distinguished Professor and Past President of the Santa Fe Institute (SFI), a non-profit research institute dedicated to the study of complex systems. A s the organisms grow larger, the delivery system fails to keep up with the growth in cells, so eventually the growth must stop.

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The Importance of Empathy in Our Services-Centric, People-Oriented Economy

Irving Wladawsky-Berger

The study conducted face-to-face, in-depth conversations with dozens of senior executives across companies in a broad range of industries and consulted with a number of other academic institutions.

As Big Data and AI Take Hold, What Will It Take to Be an Effective Executive?

Irving Wladawsky-Berger

After asking these questions to senior managers across a broad range of industries, McKinsey concluded that two key things need to happen for technology to more deeply transform their jobs. In the end, this is what collaborative innovation is all about. .

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Design Thinking and the Workplace Experience

Irving Wladawsky-Berger

It’s highly iterative, collaborative and interdisciplinary, - involving users and stakeholders with technical and business skills through the whole design process. Collaboration, co-creation, co-production. Design has long played a major role in product innovation.

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Caffeine: It Undermines Performance on Collaborative Tasks for.

Bob Sutton

The Observer | Business | You could be a genius - if only you had a good system. Hansen: Collaboration: How Leaders Avoid the Traps, Create Unity, and Reap Big Results. Adam Penenberg: Tragic Indifference: One Mans Battle with the Auto Industry over the Dangers of SUVs. Taking The Path of Most Resistance: The Virtues » Caffeine: It Undermines Performance on Collaborative Tasks for Men, Enhances It For Women. Bob Sutton.

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.