Securing the Foundations of our Digital Economy
JANUARY 2, 2017
On December 1 the Commission issued its final Report on Securing and Growing the Digital Economy. Technological advancement is outpacing security and will continue to do so unless we change how we approach and implement cybersecurity strategies and practices.
Digital Identity - the Key to Privacy and Security in the Digital World
AUGUST 29, 2016
In a world that’s increasingly governed by digital transactions and data, our existing methods for managing security and privacy are no longer adequate. But, it’s a highly complex and interesting subject.
“Flexible Security”: A Sensible Social Policy for our Digital Age
JULY 7, 2015
The article makes a strong case for flexicurity - shorthand for flexible security, - a social model from the Nordic countries which aims to achieve both flexibility in labor markets and security for workers. Entrepreneurship and flexible security.
Culture or Cultures?
JANUARY 25, 2017
A twitter pointer led me to an HBR article arguing that We’re Thinking about Organizational Culture all Wrong. In it, the author argues that it’s fallacious to think that there’s just one organizational culture, , and that all people buy into it. The first is that the cultural values may be interpreted differently. The second is that people may comply with the culture even if they don’t agree with it. Cultures are developed and do change.
The Firm as a Large, Complex, Extended Family
SEPTEMBER 18, 2013
A firms is best viewed as a kind-of rather large and highly complex family. We also form companies and other such organizations to get things done in our work, especially more complex objectives that require the collective skills of multiple people.
Reviewing "A New Culture of Learning"
FEBRUARY 7, 2011
My colleague and friend, John Seely Brown, has just come out with “A New Culture of Learning: Cultivating the Imagination for a World of Constant Change” , co-authored with Doug Thomas, a professor at the University of Southern California. We believe that this new culture of learning can augment learning in nearly every facet of education and every stage of life. We all have the uncomfortable feeling that the education we received is serving us less and less well.
Complex Sociotechnical Systems: the Case for a New Field of Study
MAY 16, 2012
They generally exhibit a level of complexity that is often beyond our ability to understand and control. Not only do they have to deal with the complexities associated with large scale hardware and software infrastructures, but with the even more complex issues involved in human and organizational behaviors. . A few weeks ago, MIT professor Joseph Sussman addressed these issues in a lecture - Complex Sociotechnical Systems: The Case for a New Field of Study.
The Complex Transition to the Age of the Cloud
APRIL 6, 2012
While the skeptics’ concerns, - security, reliability, privacy, costs and others, - are quite real, the hardest part of implementing cloud strategies has little to do with technology. It has mostly to do with governance, policies, and regulations, as well as with cultural and organizational issues. Cloud computing is a highly complex initiative - at the technical, business and organizational levels. In June of 2008 I participated in a conference on cloud computing.
The Collapse of Complex Business Models ? Clay Shirky
APRIL 1, 2010
The Times’ Paywall and Newsletter Economics » The Collapse of Complex Business Models. In 1988, Joseph Tainter wrote a chilling book called The Collapse of Complex Societies. Every one of those groups had rich traditions, complex social structures, advanced technology, but despite their sophistication, they collapsed, impoverishing and scattering their citizens and leaving little but future archeological sites as evidence of previous greatness. Clay Shirky.
The Growing Importance of Storytelling in the Business World
MARCH 13, 2017
Over the years I’ve learned that when trying to explain a complex new concept or product, it’s important to engage in a kind-of conversation with your intended audience, where you talk about what's in your mind, your questions, your doubts, what you know and what you don't know.
Blockchain - Once Again, the Technological Genie Has Been Unleashed from its Bottle
AUGUST 22, 2016
Foremost among these limitations are privacy, security and inclusion. “Doing business on the Internet requires a leap of faith” because the infrastructure lacks the necessary security. Why wasn’t stronger security designed into the original Internet protocols?
The President’s Commission on Enhancing National Cybersecurity
MAY 23, 2016
Former national security advisor Tom Donilon and former IBM CEO Sam Palmisano serve as chair and vice-chair respectively. Transforming this highly complex ecosystem has proved to be very difficult. Not surprisingly, change comes slowly to such a complex ecosystem.
Blockchain Can Reshape Financial Services… But it Will Take Significant Time and Investment
SEPTEMBER 19, 2016
Not surprisingly given their complexity, change comes much slower to global financial infrastructures. Transforming this highly complex global ecosystem is very difficult. Overcoming these challenges will add complexity and delay large-scale, multi-party DLT implementations.
Is There a STEM Crisis or a STEM Surplus?
AUGUST 9, 2016
A NY Times article recently added that “The United States is producing more research scientists than academia can handle… The lure of a tenured job in academia is great - it means a secure, prestigious position directing a lab that does cutting-edge experiments, often carried out by underlings.
Complexity and Design in Warfare
MARCH 18, 2011
The workshop explored how design-oriented approaches can help us better understand and deal with the very complex problems we are increasingly encountering in all aspects of business, economies, government, public policy, military operations and society in general. Some of the areas explored by the Forum are emerging technologies, organizational development, economic competition, and the changing concept of security.
The Evolution of the Internet of Very Smart Things
OCTOBER 15, 2014
These factors eventually led to significantly increased management complexities and costs. Cloud Computing Complex Systems Data Science and Big Data Economic Issues Innovation Services Innovation Smart Systems Society and Culture Technology and Strategy
The Fourth Industrial Revolution
FEBRUARY 23, 2016
Organizational forms - Company structures and culture must be rethought to better deal with new market environments and business models. Complex Systems Economic Issues Innovation Management and Leadership Political Issues Society and Culture
Is FinTech Forcing Banking to a Tipping Point?
APRIL 11, 2016
But over time, blockchain technologies could start replacing these legacy, proprietary infrastructures with distributed shared infrastructures more appropriate for dealing with the huge scalability and security challenges of the digital economy.
Towards a Trusted Framework for Identity and Data Sharing
NOVEMBER 14, 2016
As the economy and society move toward a world where interactions are primarily governed by digital data and transactions, our existing methods of managing identity and data security are proving inadequate.
The Rise of the On-Demand Economy
MARCH 10, 2015
These workers, many of them unionized, enjoyed relatively secure, stable jobs and a number of company benefits, including health care insurance, vacations and retirement pensions. .
The Economic Potential of The Internet of Things
JULY 14, 2015
Given the breadth and complex nature of IoT-based solutions, quantifying their potential value is very difficult indeed, especially since such smart solutions , - e.g., smart cities , smart homes , smart healthcare , - are still in the very early stages of development.
Anticipating the Future of the IT Industry
MARCH 22, 2016
How can we best anticipate the future of a complex, fast changing industry like IT? Over time, sophisticated applications were developed to help manage more complex operations, including enterprise resource planning , customer relationship management and human resources.
The Collaborative, Sharing Economy
AUGUST 14, 2013
This is a major cultural, as well as business step. Complex Systems Economic Issues Innovation Management and Leadership Political Issues Services Innovation Society and Culture
The Future of Financial Services
JUNE 23, 2015
Fast changing technologies and rising complexities lead to the emergence of a few major ICT-based ecosystem leaders - e.g., Apple, Amazon, Google, - while traditional financial institutions, unable to compete, gradually fade away. Privacy and security become key competitive advantages.
How Will AI Likely Impact How We Work, Live and Play?
DECEMBER 5, 2016
Public safety and security. “One of the more successful uses of AI analytics is in detecting white collar crime, such as credit card fraud.
Reflections on Bitcoin
FEBRUARY 11, 2014
I usually tell people that the development of digital money ecosystems is such a complex undertaking that it’s best, at least for now, to stick to traditional currencies, e.g., $, £, €, ¥,?,
Jobs in the Age of Watson
NOVEMBER 26, 2011
These are generally high-skill human activities that involve expert problem solving and complex communications for which there are no rule-based solutions. Examples of expert problem solving include sophisticated medical diagnosis, complex designs, many R&D tasks, making decisions in complex organizations, software architects, and diagnosing tough auto repair problems.
What’s the Value of a Liberal Arts Education in Our 21st Century Digital Economy?
MARCH 1, 2016
In retrospect, the biggest benefit of my excellent University of Chicago education has been less the physics, math, and computer skills that I learned, and more the ability to address complex problems, to work with a variety of people, and to keep acquiring new knowledge throughout my career.
Blockchains: the Promise of More Frictionless, Trusted Economies
OCTOBER 11, 2016
The report notes that while transaction costs are lower within firms, “in recent years as enterprises have scaled, the added complexity of operations has grown exponentially while revenue growth has remained linear. Foremost among them is security. Why do firms exist?
Reinventing Society in the Wake of Big Data
MARCH 20, 2013
Wikipedia defines big data as “a collection of data sets so large and complex that it becomes difficult to process using on-hand database management tools or traditional data processing applications.” For several years now, big data has been one of the hottest topics in the IT industry.
The Blockchain and Open Innovation
JANUARY 12, 2016
The Internet and World Wide Web introduced a culture of standards to the IT industry. For example, it allows securities to be settled in minutes instead of days. Transformational innovations don’t always play out as originally envisioned.
From Mass Production to Mass Individualism
JULY 16, 2014
The result is a personalistic culture in which people have actively lost trust in big institutions. Complex Systems Data Science and Big Data Digital Money and Payments Education and Talent Innovation Political Issues Services Innovation Society and Culture Technology and Strategy
Sexting Apps Versus Helping Cure Cancer
APRIL 23, 2014
Ms Lu is a very good writer, storyteller and ethnographer , i.e., a kind of cultural anthropologist. One is the youth culture. there is a basic cultural disconnect. The easiest explanations are mismatched skill sets or cultural friction.
The Vital Role of Research in Preserving the American Dream
DECEMBER 3, 2014
The report makes the case that over the past half-century, research-based scientific and technological advancements have been the main drivers of economic growth and job creation, and their impact will likely rise in our increasingly complex, knowledge-based society.
A Kind of Digital “Perfect Storm”
SEPTEMBER 4, 2013
Our human nature and organizational cultures have not changed all that much in the intervening millennia. Chief technology officers loved its emphasis on security.
The Digital Evolution Index
AUGUST 25, 2015
Measurements include available bandwidth, access to digital content, security of transactions, business use of IT, consumer financial services, and quality of roads.
New Tools Beget Revolutions: Big Data and the 21st Century Information-based Society
MAY 29, 2013
It will be complex, develop hitherto unforeseen forms, and will have to respond to unforeseen challenges. On May 22 I attended the 2013 MIT Sloan CIO Symposium.
Governance and Pragmatism: Moving Beyond “The Culture of No”
NOVEMBER 21, 2012
Checks and balances is one of the most important principles for making decisions and getting things done in a highly complex organization. While we primarily associate checks and balances with the US system of government, I believe that it equally applies to any other complex organizational system. Lou called it A Culture of “No.”. “I One of the most extraordinary manifestations of this no culture was IBM’s infamous nonconcur system.
Reflections on the Nature of Human Organizations
OCTOBER 31, 2012
Geoffrey West , a physicist formerly at Los Alamos National Lab and now at the Santa Fe Institute , has analyzed the impact of scaling in complex systems including cities. When Dr. West and his colleagues looked at wages, educational institutions, patents, cultural events and other such measures of creativity and innovation, they found that if you double the size of the city, all these measures will go up by 2 1.15
The Slow, Steady March Towards Digital Money
FEBRUARY 17, 2015
Culture plays a role as well. The Scandinavian countries have quickly embraced mobile money payments, while similarly advanced Germany and Japan continue to lag behind, because of cultural biases in both countries that favor the use of cash.