The Productivity Puzzle

Irving Wladawsky-Berger

Economic growth has two main components, productivity growth and the growth of the labor force. I ncreasing productivity is thus more crucial than ever to promote economic growth. From 1987 to 2004 US labor productivity grew at a 2.1% The Difficulty of Measuring Productivity.

After Facebook fails

Doc Searls

Making the rounds is The Facebook Fallacy , a killer essay by Michael Wolff in MIT Technology Review. Facebook, with its 900 million users, valuation of around $100 billion, and the bulk of its business in traditional display advertising, is now at the heart of the heart of the fallacy.

Trending Sources

UX Week 2014 Keynote Josh Clark on the Future of Digital Product Design

Adaptive Path

In this interview, Josh and I talk about the current trends in digital product design, and where those trends might be heading. Josh: The more complex, the more surprises. Adaptive Path UX Week Design Digital Product Design Global Moxie Jesse James Garrett Josh Clark

Social Learning, Complexity and the Enterprise

Harold Jarche

Our relationship with knowledge is changing as our work becomes more intangible and complex. PDL – Personal Directed Learning: from Clockwork & Predictable to Complexity & Surprising. In complex environments it no longer works to sit back and see what will happen.

The many and varied risk factors in Facebook’s IPO

Ross Dawson

To save you reading it all, here is a highly selective summary of just a few of the interesting risk factors Facebook points to in its IPO filing : If we fail to retain existing users or add new users, or if our users decrease their level of engagement with Facebook, our revenue, financial results, and business may be significantly harmed. We had more than 425 million MAUs who used Facebook mobile products in December 2011.

Digital Identity - the Key to Privacy and Security in the Digital World

Irving Wladawsky-Berger

But, it’s a highly complex and interesting subject. These attributes may change multiple times or evolve throughout an entity’s lifespan.” For individuals these include health records, job history, Facebook friends lists, and sports preferences.

Trust and the On-Demand Economy

Irving Wladawsky-Berger

In 1937, Coase published a seminal paper, The Nature of the Firm , in which he explained that, in principle, a firm should be able to find the cheapest, most productive goods and services by contracting them out in an efficient, open marketplace.

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Digital Twin: Bringing the Physical and Digital Worlds Closer Together

Irving Wladawsky-Berger

A Digital Twin is essentially a computerized companion to a real-world entity, be it an industrial physical asset like a jet engine, an individual’s health profile, or a highly complex system like a city. A few weeks ago I first learned about a relatively new concept - Digital Twin.

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Reflections from 2011 – A World Without Email – The Documentary

Luis Suarez

So if there is something out there that it’s killing our very own productivity, it’s not email itself, but our abuse of it that’s killing such productivity. Check out their Facebook Page for more details on how they are getting along and how you, too, could join them!

Google Plus – One Social Networking Tool to Rule Them All

Luis Suarez

In that year, IBM decided to productise all of those wonderful social interactions and create, as a result of it, a single product: IBM Connections , formerly known as Lotus Connections. Starting with the no-brainers, both Facebook and LinkedIn. Hold a simple (Not even complex!)

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Transforming the Workplace with Radical Management by Steve Denning

Luis Suarez

But in reality what we are seeing is how platforms like Facebook, Twitter, LinkedIn, Google Plus, etc. And if you look into recent examples of wrong-doings by Facebook, Twitter or even LinkedIn that we have seen all over the place we may be starting to think that we are all in big trouble.

A Growing Backlash Against the Relentless Advances in Technology?

Irving Wladawsky-Berger

At IBM’s Watson Research Center , where I spent the first 15 years of my career, I was mostly involved in technology transfer initiatives aimed at moving innovations from IBM’s research labs to its product divisions. Otherwise serious concepts sometimes end up as overused buzzwords.

Two-Speed IT Architectures

Irving Wladawsky-Berger

The article argues that born digital Internet companies, - e.g., Amazon, Google, Facebook, - are setting the standards in the quest to understand and optimize the customer experience , challenging traditional companies to keep up. Digital Product Management .

HowI Is Our Digital Revolution Doing?

Irving Wladawsky-Berger

Technology isn’t working: The digital revolution has yet to fulfil its promise of higher productivity and better jobs,” argues The Economist in a special report on Technology and the World Economy in its October 4th issue. Raising the productivity of less-skilled workers.

Beyond GDP - Measuring Value in a Service-oriented, Information-based, Digital Economy

Irving Wladawsky-Berger

Gross domestic product (GDP) is the basic measure of a country’s overall economic output based on the market value of all the goods and services the country produces. GDP is essentially a measure of production.

The Big Three – How To Handle Your Fragmented Social Life

Luis Suarez

Like if I would delete my Facebook account would that mean I am less social now and may have lost my social mojo? IBM Innovation Knowledge Management Knowledge Tools Learning Personal KM Productivity Tools Social Computing

Google Plus – Bridging Together Too Irreconcilable Worlds

Luis Suarez

If you take a look into some of the most popular social networking tools within the Social Web, hardly any of them provide full support for real-time, online interactions; with today’s Facebook announcement we may have the first exception.

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

Irving Wladawsky-Berger

Companies are now able to create products that are simultaneously better, cheaper and more appealing than those of competitors. As a result , “entire product lines and whole markets are now being created or destroyed overnight.” Examples include Skype, iTunes, the Kindle, Netflix, Facebook, Twitter, and smartphone apps like Google maps and Angry Birds. . We’re accustomed to seeing mature products wiped out by new technologies and to ever-shorter product life cycles.

The Nature of the Future – Review

Harold Jarche

Lending Club : “We replace the high cost and complexity of bank lending.” conflicts [between these two priorities] are likely to grow simply because the number of such endeavors [Twitter, Facebook, etc] is growing exponentially. Books Communities complexity Innovation

My Top 5 iOS Apps of the Week – Week #2

Luis Suarez

More than anything else, because of the trip down the memory lane from over 8 years ago till today to see whether my own work habits and productivity hacks, while on the move, have evolved a fair bit, or perhaps not so much.

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Sexting Apps Versus Helping Cure Cancer

Irving Wladawsky-Berger

She notes that the median age of HP employees is 39, compared to 26 at Facebook. “The Young people like to be among young people; they like to work on products (consumer brands) that their friends use and in environments where they feel acutely the side effects of growth.”

The Prosperity Puzzle

Irving Wladawsky-Berger

If the case of light is representative of those products that have caused tectonic shifts in output and consumption, then this raises the question of whether the conventional measures of real-output and real-wage growth over the last two centuries come close to capturing the true growth.”.

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Some Puzzling Questions about Innovation in the Digital Economy

Irving Wladawsky-Berger

In engineering, we made huge progress in applying science and technology to develop increasingly complex physical objects and infrastructures, such as railroads, cars, airplanes, chemical plants, refineries, power stations, bridges, skyscrapers, computers, microprocessors, and so on.

Social Business Forum and a Touch with Reality

Luis Suarez

They call us internauts, bloggers, twitterers, facebookers, social networkers, freaks, you name it. IBM Knowledge Management Knowledge Snippets Life Metablogging Personal KM Productivity Tools Social Computing Work Life Integration

Social Business in the Age of the Customer

Irving Wladawsky-Berger

Starting about a decade ago with the rise of Web 2.0 , we have seen the explosive growth of social media technologies, - e.g., blogs, wikis and podcasts, - as well as platforms like Twitter, Facebook and YouTube with hundreds of millions of users. Why is it that many of the same companies that have successfully reengineered their processes, reduced their costs and increased their productivity over the past twenty years are having a tough time implementing social business strategies?

Technology and the Future of Media

Irving Wladawsky-Berger

Production: the bundling of different content into a final market-ready product, - a newspaper, TV schedule, cable package or DJ’s playlist. Most everyone will agree that advances in information and communication technologies (ICT) are radically transforming the business landscape.

Social Business: e-business 2.0. and Beyond

Irving Wladawsky-Berger

With more than 500 million people on Facebook, and 200 million blogs being updated daily, the power of numbers and of experience has taken over the world. Grandparents are talking to their grandchildren, leveraging social media just as clients are impacting companies’ products using the same tools.”. “A She references a study by the London School of Economics that concluded that continuously aligning business and IT increases overall productivity by around 20%.

Business Winners: Combining Scale with Agility

Irving Wladawsky-Berger

It is provocative because people generally associate agility with entrepreneurial startups, and scale with more mature, established companies, although a few relatively young companies like Amazon, Google and Facebook have already achieved scale to complement their entrepreneurial agility. Disruptive innovations, most of which are technology-based by nature, take years to develop, come to market, and build up enough momentum to threaten existing products and services.

We Are All New Immigrants to the Hyperconnected World

Irving Wladawsky-Berger

In the earlier book he never mentioned Facebook, Twitter, Cloud, LinkedIn, 4G or Skype. Many companies are experiencing a productivity surge. At the same time, the public sector is under huge pressures to significantly increase productivity and reduce costs by embracing many of the technologies and organizational practices that have been successfully applied in the private sector over the past twenty years.

Social Business Forum Highlights – Highlights from Breakout Sessions and Final Keynote

Luis Suarez

Demand intuitive interfaces (Which surely confirmed how knowledge workers should never get tired of demanding for better quality products when interacting with social tools, on the contrary). Once again, I am on the road on to another business trip.

The Changing Nature of Globalization in Our Hyperconnected, Knowledge-Intensive Economy

Irving Wladawsky-Berger

Examples include high-tech products such as semiconductors and computers, pharmaceuticals, automobiles and other machinery, and business services such as accounting, law, and engineering.”.

The race to platform education

George Siemens

As liberating as the web is, tremendous centralization of control is occurring in numerous spaces: Google in search/advertising/Android, Amazon in books/cloud computing, Facebook in social networks, etc. But a critical concept is expressed about mid-way through the post: Google+ is a knee-jerk reaction, a study in short-term thinking, predicated on the incorrect notion that Facebook is successful because they built a great product. So Facebook is different for everyone.

I Know It When I See It

Andy McAfee

product?&# – are just windowdressing on products that are still essentially geared for Collaboration 1.0. Whose products at present come closest to enabling Web 2.0-style collaboration and interaction in enterprise environments? I wrote about the mechanisms of online emergence here and here ; they include linking, tagging, friending (as on Facebook and LinkedIn), and following (as on Twitter). So what happens to products that pass two of the three tests?

Losing interest in social media: there is no there there

George Siemens

After recreating my online social network ( largely based on blogs from early 2000) in Facebook, Twitter, Foursquare, and Quora, G+ was a chore. I spent a few weeks of responding to G+ friend requests, trying to engage with a few people, posting a few random links, all the while trying to upkeep (occasionally) Twitter and (almost never) Facebook. What has Twitter and Facebook done for me? Put another way, Twitter/Facebook/G+ are secondary media.

What I’ve learned in my first week of a dual-layer MOOC (DALMOOC)

George Siemens

In the process, I’ve used roughly any tool I can get my hands on, including Second Life, Twitter, Facebook, G+, Netvibes, blogs, Wikispaces, Diigo, and so on. Today, knowledge is diverse, messy, partial, complex, and rapidly changing.

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Extending collaboration toward cooperation

Harold Jarche

A mixed productivity tool set can help to support these activities, as I noted in my post on social tools. How are workers currently using social tools?

Evolve, Dammit!

Martijn Linssen

Home About Complexity Reading List Knowledge Management Reading List Evolve, Dammit! John 3 comments Social Media Oct 21 Facebook privacy challenges continue as applications you trusted expose data you thought was private. Facebook is alarmed and promises to fix this.

The Competitive Value of Data: From Analytics to Machine Learning

Irving Wladawsky-Berger

As a result, data is now raising competitive concerns especially in Europe, given data’s growing role in creating and shaping markets, led by America’s digital platform giants , - e.g., Google, Facebook, Amazon, Apple and Microsoft.

It’s about networks

Harold Jarche

Citizens are using Twitter and Facebook to help the police have better intelligence and the police are learning this week how best to respond and to monitor. My thinking is a product of my networks. I hope it’s fast enough to deal with the the increasing complexity and violence. complexity NetworkedLearning

The Future of the State

Irving Wladawsky-Berger

Finally, the report offers a set of recommendations that governments might follow if they want to get a handle on the extremely complex and challenging problem of reforming the state. there are pragmatic grounds now for politicians of all sorts to make the state more productive. First, productivity in the state sector, especially in fields like education and health, has lagged behind the private sector.

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