The Puzzling Personal Productivity Paradox

Irving Wladawsky-Berger

Yet, despite these impressive advances, for most of this period economies around the world have been stuck in an era of slow productivity growth. Opinions abound, but in the end, there’s no consensus on the causes of this apparent productivity paradox , on how long the slowdown will likely last, or on what to do about it. A few contend that there’s been a fundamental decline in innovation and productivity over the past few decades, compared to the period between 1870 and 1970.

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. But, in the US and other advanced economies, productivity growth has significantly slowed down over the past few decades. From 1987 to 2004 US labor productivity grew at a 2.1% Since 2011, the productivity rate has further declined to 0.6%. . US labor productivity grew at only 1.5%

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Robocalypse Now? Technology, Productivity and Employment

Irving Wladawsky-Berger

His presentation was based on a paper co-written with Utrecht University economist Anna Salomons. “Is productivity growth inimical to employment?,” More importantly, technological progress also took the form of product innovation, and thus created entirely new sectors for the economy, a development that was essentially missed in the discussions of economists of this time.”. What’s the impact of productivity growth on employment at the industry level?

AI and the Productivity Paradox

Irving Wladawsky-Berger

But, at the same time, productivity growth has significantly declined over the past decade, and income has continued to stagnate for the majority of Americans. This puzzling contradiction is addressed in Artificial Intelligences and the Modern Productivity Paradox , a working paper recently published by the National Bureau of Economic Research (NBER). Economists have proposed competing explanations for declining productivity growth and so far have failed to reach a consensus.” .

The Productivity Paradox: Digital Abundance and Scarce Genius

Irving Wladawsky-Berger

Despite the relentless advances of digital technologies, productivity growth has been declining over the past decade. Some contend, - most prominently Northwestern University economist Robert Gordon , - that over the past few decades there’s been a fundamental decline in innovation and productivity. We’ve been living in a time of major transformative technologies, - the Internet, smartphones, IoT, big data, AI - whose deployment and impact on productivity growth are still lagging.

Culture 7 of 7: Completion

Dave Snowden

A cultural change initiative is a device of last resort, it means you’ve failed to maintain a suitable resilient system and have to do some type of reset. Culture is manifested in what we do, not what we say about why we want to do things. Culture operates within natural constraints, it can’t be designed or engineered, it arises from multiple small interactions over time and it is manifested in the day to day anecdotes of those who we work with and who we work for.

Global Arbitrage and the Productivity Puzzle

Irving Wladawsky-Berger

A couple of weeks ago I wrote about The Productivity Puzzle , - namely that despite our continuing technology advances, the US and other developed economies have experienced a sharp decline in productivity growth over the past 10 to 15 years. So far, though, economists have failed to reach consensus on the causes of the productivity growth slowdown or indeed the relative significance of the various arguments,” wrote McKinsey.

AI and the Productivity Paradox

Irving Wladawsky-Berger

But, at the same time, productivity growth has significantly declined over the past decade, and income has continued to stagnate for the majority of Americans. This puzzling contradiction is addressed in Artificial Intelligences and the Modern Productivity Paradox , a working paper recently published by the National Bureau of Economic Research (NBER). Economists have proposed competing explanations for declining productivity growth and so far have failed to reach a consensus.” .

Remote Work is Surprisingly Productive, But For Many… Something Is Missing

Irving Wladawsky-Berger

Despite having to switch from face-to-face to audio and video interactions, overall productivity actually went up as measured by several metrics. His article discussed two separate productivity case studies, one focused on working from home (WFH), the second on working from anywhere (WFA). A 2018 paper evaluated the difference in productivity between WFH and WFA programs, based on the experiences of the US Patent and Trademark Office (USPTO).

Cloud, Services and the Transformation of Production

Irving Wladawsky-Berger

Cloud-based services require a much more standardized, mass customized , process oriented, industrialized approach to production , including the application of advanced technologies and rigorous science, engineering and management methodologies. . What do we mean by the production of services ? Production is defined as “a process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (the output).

Measuring Culture Change

Clark Quinn

Someone recently asked how you would go about measuring culture change, and I thought it’s an interesting question. A learning culture is optimal for organizational innovation and agility, and it’s likely that not all elements are already in place. Say, for instance, one desirable outcome of a learning culture would be, well, learning! Or the rate of new product generation. Culture change is a journey, not an event, after all ;).

Fostering an Innovation Culture: Talent, Discipline and Leadership

Irving Wladawsky-Berger

I was reminded of this point as I read The Hard Truth About Innovative Culture s , an article in a recent issue of the Harvard Business Review (HBR) by Harvard professor Gary Pisano. “A culture conducive to innovation is not only good for a company’s bottom line,” writes Pisano. “It also is something that both leaders and employees value in their organizations.”. Innovative cultures are paradoxical. Innovation has been a hot topic for the past few decades.

The New Era of Smart, Connected Products

Irving Wladawsky-Berger

An equally optimistic view was expressed in another excellent article, - How Smart Connected Products are Transforming Competition , - published in the November issue of the Harvard Business Review by Michael Porter and James Heppelmann. . We generally think of products as physical entities, - e.g., clothes, light bulbs, appliances, cars, - some quite simple and some much more complex, built using sophisticated mechanical and/or electrical components.

There Is Nothing Wrong With The Term ‘Company Culture’

Dan Pontefract

The headline from Harvard Business Review read, Why “Company Culture” Is a Misleading Term. “Organizational culture is assumed to be important to making sure that employees are happy and productivity is good. At the same time, the concept, meaning, and function of culture rarely garners much thought.” I’m here to defend the term, “Company Culture” But first, a bit of a background to the author.

Global Arbitrage and the Productivity Puzzle

Irving Wladawsky-Berger

A couple of weeks ago I wrote about The Productivity Puzzle , - namely that despite our continuing technology advances, the US and other developed economies have experienced a sharp decline in productivity growth over the past 10 to 15 years. So far, though, economists have failed to reach consensus on the causes of the productivity growth slowdown or indeed the relative significance of the various arguments,” wrote McKinsey.

From Mass Production to Mass Individualism

Irving Wladawsky-Berger

All kinds of new products and services, like Airbnb, are now coming to market. The result is a personalistic culture in which people have actively lost trust in big institutions. Mass production was a defining hallmark of the 20th century industrial economy, bringing high productivity and low costs to a wide variety of offerings, - from household appliances to hotel chains. A few weeks ago, NY Times columnist David Brooks posted an OpEd on The Evolution of Trust.

Corporate Culture in a Venn Diagram

Dan Pontefract

Therefore, I whipped up the “Corporate Culture in a Venn” diagram to depict something that does take into account four key factors: Self/Boss – Relationship or Transactional. Does an employee and his/her boss actually have a productive, communicative relationship — where the leader is helping the employee develop, learn, grow, etc. In other words, a culture killer.

How to Create Culturally Responsive eLearning Courses Using an LMS

TOPYX LMS

Workplaces that make it a priority to nurture cultural diversity reap benefits such as better productivity and employee performance, as well as incredible opportunities for professional and personal development.

Solow Paradox 2.0: The Lagging Impact of Technology Advances on Productivity Growth

Irving Wladawsky-Berger

Our aging economies are thus dependent on productivity gains to drive long-term economic growth , future prosperity and higher standards of living. Which is why few topics have generated as much concern among economists and policy makers as the sharp decline in productivity growth in the US and other advanced economies over the past decade, - despite accelerating technology advances. Their average productivity growth in the 5 years between 2000 and 2004 was 2.4%.

Services, Production and Clouds

Irving Wladawsky-Berger

So, like many others, I have discussed services and their attributes in contrast to what they are not - physical products that are generally manufactured in factories. The distinction between products and services blurs, as physical products are increasingly embedded into service-based solutions, where the clients pay for the services they receive, not the products embodied in the solutions. He views cloud computing as being primarily a story of production.

IT, Productivity and Organizational Capital

Irving Wladawsky-Berger

But, to achieve long term economic growth, as well as gains in our standard of living , the US must also focus on innovation and productivity growth. US labor productivity - “the amount of goods and services that a laborer produces in a given amount of time” - grew at only 1.5% This period of slow productivity coincided with the rapid growth in the use of computers in business, giving rise to the Solow. invest in corporate culture.

Lessons In Culture From United Airlines

Dan Pontefract

Specifically, I wanted to know if she felt their new CEO, Oscar Muñoz, would bring any change to the company, its culture and its operating practices. “Oh These professionals put together a rating system that the airlines use to gauge their product, but also to use for marketing purposes. Skytrax has awarded United Airlines a three-star rating , for “delivering a fair quality performance that conforms to an industry “average” of acceptable product and service standards.”.

Become a More Productive, Empathetic, Creative Person With the Help of AI-Based Tools

Irving Wladawsky-Berger

Despite dramatic advances in technology, most of the world’s economies have been stuck in a long period of slow growth and slow productivity. In a recent article in the MIT Sloan Management Review , MIT Research Fellow Michael Schrage proposed a provocative and counterintuitive approach for enhancing innovation and productivity through man-machine collaborations. We’ve long been leveraging technology to help increase productivity.

Apple CEO Tim Cook and his Moment of Open Culture

Dan Pontefract

At Apple’s most recent product launch in Cupertino — where Apple Watch , Apple Pay and iPhone 6 (oh, and iPhone 6 Gigantic) were flaunted about like the Halloween parade I took part in at my elementary school every October as a child — a wonderful culture moment took place on stage. The culture moment I’m referring to involves Tim Cook, Apple CEO. ” No, Tim’s culture moment was simple yet profound.

Penultimate: forget cultural change

Dave Snowden

Yesterday I argued that compatible but different cultures had more resilient than a "common culture". Having tackled one of the shibboleths of OD and HR practice I thought I would move onto another namely cultural change. He erected a tent near Birmingham and all staff were encouraged to go to all day sessions to inculcate them with the new culture. Far better to evolve than engineer when it comes to culture.

Internet culture

Jay Cross's Informal Learning

In a knowledge era, workers are the means of production. Encourage bottom-up peer production. Asymmetrical productivity : Twenty years ago, training departments prided themselves on consistency: providing precisely the same training experience to everyone in the organization. Now that products are intangible, productivity knows no limits. I am astounded how the ability to work with small chunks improves my productivity.

Stop Days: The Secret To Nonprofit Productivity

Beth Kanter

The video chat provided a nice opportunity to have conversation in real-time about the relationship between self-care and workplace productivity. discussed the issue in relation to remote working staff and how to address some of the common issues that hinder group and individual staff productivity. Workplace Productivity and Well Being . The chart above comes from a recent study on the link between well being and workplace productivity and the impact of office design.

Governance and Pragmatism: Moving Beyond “The Culture of No”

Irving Wladawsky-Berger

Inside IBM's Historic Turnaround ,” former IBM Chairman and CEO Lou Gerstner wrote about the bureaucratic culture that contributed greatly to the near-death experience IBM went through in the early 1990s. Lou called it A Culture of “No.”. “I I think the aspect of IBM’s culture that was the most remarkable to me was the ability of any individual, any team, any division to block agreement or action. Effective governances requires a culture of pragmatism over ideology.

Reflections on Innovation, Productivity and Job Creation

Irving Wladawsky-Berger

I have also been thinking a lot about the impact of these innovations on the productivity of the service sector of the economy in general, and in particular, on the kinds of jobs that we can expect to be created over the next decades to replace those jobs that might decline or disappear as a result of such productivity improvements. Although there are numerous technological innovations that have improved the productivity of services over the past century (e.g.,

Reviewing "A New Culture of Learning"

John Hagel

  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.

Review 183

Did Zappos Just Ruin Their Culture Or Is It A Brilliant Org Redesign?

Dan Pontefract

In a word, it’s all about “ culture.” Their collaborative mindset is infectious, one that encourages everyone to scale the culture. It’s an act of recognition, but it’s the opportunity for all Zappos employees to scale the culture. Culture can grow in other ways, too. It doesn’t have to, but the company’s financial and time contributions help foster a culture that is putting purpose alongside profit.

Dispositions of Productive Inquiry

Clark Quinn

In my last post , I referenced John Seely Brown’s mention of dispositions, and I think it’s worthwhile to try to represent and discuss his point here, as it’s relevant to social learning, organizational culture, and success, topics I’ve mentioned in the past. That we could create a culture of productive and continual inquiry, however, is the bigger opportunity on the table, for schools, organizations, and society.

Technology, Media and Culture - the Best of Times or the Worst of Times?

Irving Wladawsky-Berger

USC’s Annenberg Innovation Lab (AIL) was founded in 2010 to study the transformational impact of technology on culture and on the media industries. For a technologist like me, it’s been a unique opportunity to learn about the impact of technology on society through the lens of the culture being transformed. How can you best understand the impact of disruptive technologies on something as deeply human as culture? Innovation Society and Culture Technology and Strategy

What’s Needed First? Culture Change or Enterprise 2.0 Adoption

Dan Pontefract

Do we first require an organizational culture adaptation prior to any meaningful Enterprise 2.0 tools need to become so simplistic, easy to use and of course generally available to an organization before a culture can be considered connected, flat and more collaborative? Peter Bregman states that an easy way in which to begin changing an organization’s culture is by telling stories. That should change the culture, right? Culture collaboration enterprise 2.0

3 Reasons eLearning Enriches Company Culture

TOPYX LMS

According to Entrepreneur.com, a recent study by Columbia University indicated that employee turnover at an organization with rich company culture was likely to be about 13.9 percent, while job turnover at a company with sub-par culture could potentially be 48.4 Organizational leaders may be surprised to learn that eLearning can maximize company culture like no other tool.

Culture and Design: Collective Versus Individual Progress

Adaptive Path

This collection of observations has made me realize just how deeply culture and cultural differences impact the practice of design. Culture and Design" is the overall theme I have chosen to write about in a series of posts covering the following topics: Culture of legacy and preservation versus culture from scratch. Culture of collective progress versus culture of individual progress. Culture of rhetoric versus culture of making.

Is Your Company Culture Linked to Social Learning Success?

Dan Pontefract

A wonderful article was recently posted by Marcia Conner and Steve LeBlanc over at Fast Company entitled “ Where Social Learning Thrives “ The entire piece purports that a fun, productive and consistent culture will help ensure social learning takes flight. What struck me, however, is the following line itself: Social learning thrives in a culture of service and wonder. Tags: Culture social learning collaboration

Open Spaces, Open Minds Redux (An Open 2.0 Culture)

Dan Pontefract

It is another example of how we are closing our minds, walling our innovation, and foregoing a more productive and networked organization. culture can and will instil said openness, imagination, growth, and promotion of ideas and innovation. Our organizations need to embrace the open culture, Enterprise 2.0, The intelligence being returned to the organization through an open culture, leading to innovation, engagement and overarching profitability. Culture enterprise 2.0

Activating A Culture of Resilience in the Nonprofit Workplace

Beth Kanter

I’m excited to co-presenting a session at this year’s Nonprofit Technology Conference called “ Activating A Culture of Resilience for Sustainable Impact ,” with fellow NTEN board members, Ananda Leeke & Meico Whitlock as well as Carrie Rice. But a culture of resilience about the collective way that people in the organization work together and how the treat each other. Happy Healthy Nonprofit Organizational Culture Resilience

Economic Catastrophe (& more culture)

Clark Quinn

I’ve already talked about investing in culture , and I want to reiterate and elaborate on that message. I listened to a free webinar the other day via the Institute for Corporate Productivity , where they’d done a survey on companies and asked about their culture. There was good news in their results: there was a significant correlation between the assessment of cultural elements surveyed and the success of the company.

Online Learning Trends Enhancing Employee Productivity in 2017

TOPYX LMS

Corporate Online Learning Trends Can Boost Employee Productivity . They want to know which trends are noteworthy, and which can facilitate a productive workplace. Read on to discover a few online learning trends that can bolster company culture and increase employee productivity in 2017. 3 Corporate Online Learning Trends That Can Boost Employee Productivity in 2017. The post Online Learning Trends Enhancing Employee Productivity in 2017 appeared first on TOPYX.

Productivity advice from the sage

Jay Cross

Peter Drucker’s six factors for knowledge worker productivity are core principles for designing learnscapes. Knowledge worker productivity demands that we ask the question: “What is the task?&#. It demands that we impose the responsibility for productivity on the individual knowledge workers themselves. Productivity of the knowledge worker is not-at least not primarily-a matter of the quantity of output. Culturing?

It’s Culture, Leadership and E2.0 … or fail

Dan Pontefract

Over the last several months, at the job that actually pays me, I’ve been on somewhat of a soapbox speaking, writing, blogging, yammering about the link between culture, leadership philosophy and Enterprise 2.0 It is breaking down silos, opening up doors, building relationships … and … eventually, improving productivity, efficiencies and ideally revenues/profits. The two must marry if an organization wishes to be successful in the culture of tomorrow. Culture enterprise 2.0