How to Support the Widespread Adoption of AI

Irving Wladawsky-Berger

A number of studies agree that AI is the biggest commercial opportunity for companies and industries over the next 10-15 years. Two recent reports by McKinsey and PwC respectively concluded that AI has the potential to incrementally increase global economic output between now and 2030 by an additional $13 to $15 trillion. Surveys with thousands of executives, showed that most firms are only using AI in ad hoc pilots or applying it to a single business process.

The Puzzling Personal Productivity Paradox

Irving Wladawsky-Berger

The past 10-15 years have seen a number of technology advances, from smartphones to machine learning. 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.

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How to Transform a “Big, Old” Company into an Agile Digital Business

Irving Wladawsky-Berger

But, “the adoption of digital technologies in business doesn’t come as naturally,” - especially if you’re working in a big, old company. “Inserting digital technologies to enhance operations and create new value propositions has proven extremely challenging.”. While in our personal lives we’ve enthusiastically embraced digital technology advances, many corporations and institutions still struggle to do so. The IT unit is not positioned to design people and processes.

What is innovation?

Harold Jarche

In writing almost 100 posts on innovation since 2007, it’s time to put the core observations together into a cohesive narrative. Innovation is fifteen different things to fifteen different people. “An innovation is the implementation of a new or significantly improved product (good or service), or process, a new marketing method, or a new organisational method in business practices, workplace organisation or external relations.”

How to Save 30% or More on Translation

Xyleme

In her 2017 article, The Holy Trifecta: The Secret to Faster, Better, & Cheaper Global Content , translation expert Val Swisher explains that structured content is one of the three factors driving efficiency into the globalization process. Coupled with optimizing translation memory, a system that stores translated words for reuse, structured content is key to keeping translation costs down. It can be very costly to reformat documents to handle language expansion or contraction.

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The Leader's Guide to Radical Management: HBR on How to Fix.

Steve Denning

» January 06, 2011 HBR on How to Fix Capitalism: A Bandage on a Cancer Michael Porter, strategy guru extraordinaire , and Mark Kramer have an article in the January 2011 issue of Harvard Business Review entitled How To Fix Capitalism.

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The 2018 MIT Inclusive Innovation Challenge

Irving Wladawsky-Berger

In 2016, MIT’s Initiative on the Digital Economy launched its first annual Inclusive Innovation Challenge (IIC). Approximately 1,500 organizations registered to compete this year, and 500 judges reviewed their applications. .

The New Era of Smart, Connected Products

Irving Wladawsky-Berger

For the past few years, some have justifiably questioned whether innovation has been going through a period of stagnation , especially when compared to major 19th and 20th century innovations like electricity, cars and airplanes. We wanted flying cars - instead we got 140 characters,” is how PayPal cofounder Peter Thiel succinctly expressed this sentiment in a 2011 New Yorker article. . IT is now an integral part of the products themselves.

We need to learn how to connect

Harold Jarche

From danah boyd’s presentation at ASTD TechKnowledge 2013 , on the future of work: But if you want to prepare people not just for the next job, but for the one after that, you need to help them think through the relationships they have and what they learn from the people around them. Building lifelong learners means instilling curiosity, but it also means helping people recognize how important it is that they continuously surround themselves by people that they can learn from.

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

Irving Wladawsky-Berger

Over the coming decades, the labor force is expected to shrink in most parts of the world as fertility rates continue to decline, especially in advanced and emerging economies. Their average productivity growth in the 5 years between 2000 and 2004 was 2.4%.

How to deliver innovation overnight | Daniel Pink

Dan Pink

Subscribe To Blog Via RSS. Personal Productivity (14). How to deliver innovation overnight One of the ideas in Drive that has spread the fastest and the widest is the FedEx Day. Invented by the folks at the Australian software company Atlassian , these one-day bursts of autonomy allow people to work on anything they want (as long as it’s not part of their regular job) — provided they show what they’ve created to their colleagues 24 hours later.

From Mass Production to Mass Individualism

Irving Wladawsky-Berger

Brooks thought that people would never rent rooms in their homes to total strangers. “But And Airbnb is only a piece of the peer-to-peer economy. People are renting out their cars to people they don’t know, dropping off their pets with people they don’t know, renting power tools to people they don’t know.”. He attributes the growth of this peer-to-peer economy to 3 main trends. Trust was face to face. Power shifts to the consumer.”. “An

How To Say No … When Defaulting To Yes!

Luis Suarez

Earlier on this year, while at Lotusphere 2012 and at IBM Connect in Orlando, Florida, I had the unique opportunity and great pleasure to finally attend live a keynote session from the one and only Guy Kawasaki. As you can imagine, I had very high expectations about being wowed by someone who i have admired all along and whose books I keep constantly going back to in order keep learning more and more about a good number of different topics, specially, those related to social business.

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The Big Three – How To Handle Your Fragmented Social Life

Luis Suarez

A few days back my good friend Jack Vinson posted a rather interesting and thought-provoking blog post that would be incredibly relevant for all of those folks who happen to be rather active in various different social networking sites and who may be facing such a common problem as well. Jack’s worry used to be my own as well up to no long ago, till I, finally, decided to settle down on The Big Three.

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Organizational Innovation

Irving Wladawsky-Berger

Almost seventy years ago, Austrian economist Joseph Schumpeter popularized the term creative destruction to describe the process of transformation that accompanies disruptive innovation. In Schumpeter's vision of capitalism, innovative entry by entrepreneurs was the force that sustained long-term economic growth, even as it destroyed the value of established companies that enjoyed some degree of monopoly power. They listen to their best customers.

How to replace top-down training with collaborative learning (1)

Jay Cross

In the pursuit of trying to ?x Companies paid them to follow instructions and do the same thing over and over again. Companies rely on them to solve problems, delight customers, and stay ahead of the game. A company’s market value echoes the ingenuity, know-how and reputation of its people. rst century employees have to do complex, unpredictable work. They have to stay sharp in a. Where should we focus to improve learning?

7 Ways to Kill Your Presentation and How to Fix Them

Luis Suarez

There is always something that we all get to learn. The key thing though is whether we are all ready to absorb, change and adapt our presentation skills to make even better pitches to engage our audience(s), which, I guess, is what matters at the end of the day… But what happens when you inadvertently kill your own presentation without even knowing? Seven ways to kill your presentation from Jeanne Trojan.

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Market-facing Innovation Labs

Irving Wladawsky-Berger

But, they are being reincarnated in our 21st century information economy as market-facing innovation labs, with significantly different and broader scopes than those of the original industrial economy research labs. Their job was to push the frontiers of knowledge by conducting both basic and applied research, which would hopefully, over time, lead to new commercial technologies and products. M arketing, was another distinct activity in a product ’ s life cycle.

Disruptive Innovations and Large Companies

Irving Wladawsky-Berger

The subject of my seminar was Managing Technology-based Disruptive Innovations. Given my long career at IBM, as well as my more recent involvement with Citi, it is not surprising that I am particularly interested in entrepreneurship and innovation in large companies. Its lead article defined the term as: “somebody who offers an innovative solution to a (frequently unrecognised) problem. Startups are generally organized around one central innovation.

How to Restore the American Dream

Irving Wladawsky-Berger

Fareed Zakaria recently published a very good cover story in Time Magazine - How to Restore the American Dream - which was also the basis for a special edition of his CNN program Fareed Zakaria GPS. The basic premise of the Time article and CNN special is that while the forces of technology and globalization helped lead America to the forefront of the world stage, they are now hollowing out America’s middles class. One is technology-based productivity.

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The Real Unemployment Innovation Challenge

John Hagel

While unemployment rates in certain parts of the world appear to be slowly improving, unemployment in many other parts of the world remain stubbornly high and, in some cases, are even increasing. As we mobilize to address this issue, we need to avoid the temptation to rush too quickly into developing solutions until we’ve clearly understood and framed the problem. And for the jobs that remain, the skills required to perform these jobs are rapidly evolving.

The “Recombinant” Nature of Digital Innovations

Irving Wladawsky-Berger

Killer-app is the name we give to those IT applications that turn out to be unexpectedly useful and help propel the success of a new product or service in the marketplace. Most everyone will agree, for example, that spreadsheet and word processing were the first killer-apps of the PC era, helping transform PCs into must-have business and personal productivity tools. Such lab-based breakthroughs are at one end of the innovation spectrum. How did he do it?

Why Corporate Training is Broken And How to Fix It

Jay Cross

Why Corporate Training is Broken And How to Fix It. They all offered great products. Traditional training departments cannot build courses fast enough to keep up with the speed of change. Service industries challenge workers to acquire tacit knowledge — the kind of know-how one learns on the job, not in the classroom. Person-to-person instruction is no longer cost-effective. Training directors learned enough accounting to talk about ROI.

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Services, Production and Clouds

Irving Wladawsky-Berger

Professor Zysman key premise is that the service transformation we are going through is truly an Algorithmic Revolution , that is, the ability to formalize and codify the activities underlying services, express them as computable algorithms and capture them in software. Given the major advances in the power and costs of information technologies, many more such service activities are now amenable to be transformed into algorithms and embodied in software.

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. As the US recovers from the financial.

The Complex Nature of Cloud-based Innovation

Irving Wladawsky-Berger

But, cloud has not the easiest concept to grasp. Cloud has continued to evolve and advance over the ensuing years. I find it helpful to look at cloud along two key dimensions: as a technology to improve IT productivity, and as a platform for enabling business innovation. Only one company in six viewed cloud as a way of fostering business innovation. But, for many companies, the use of cloud to foster business innovation and growth remains elusive.

Open Services Innovation

Irving Wladawsky-Berger

Earlier this year, UC Berkeley professor Henry Chesbrough published a new book, Open Services Innovation: Rethinking Your Business to Grow and Compete in a New Era. This is his third book on open innovation in the last eight years, having published Open Innovation: The New Imperative for Creating and Profiting from Technology in 2003, and Open Business Models: How to Thrive in the New Innovation Landscape in 2006.

Innovation in Higher Education

Irving Wladawsky-Berger

Just about every such study points to a similar trend : for the foreseeable future, the US economy will need better educated workers with specific skill requirements. Those with higher educational attainments will be in the best position to obtain good jobs with good pay. Thus, we need to significantly increase the number of students receiving post-secondary education. According to Christensen et al, traditional colleges and universities combine three distinct objectives.

How to Get the Most out of a Conference

Stephen Downes: Half an Hour

This is the case for an entry that came out today, How to Get the Most out of the Conference. So I am left to speculate about what could have been. I once started a post, How to Attend a Conference. So I know something about how to attend a conference. Some people (maybe even most people) go to the same conference every year. It's a good thing if you can do it - you get to know the people and know the format.

How to Replace Top-down Training with Collaborative Learning (2)

Jay Cross

Who’s going to be involved? Aside from compliance training and new product introductions, most training focused on novices – either newhires who needed orientation or workers mastering a new skill or subject. Learning by experienced employees was left to chance. New hires and novices aren’t very productive. ciency by 20 percent and next to nothing hits the bottom line. On the other hand, many former employees remain loyal to their ?rms,

Technology, Resources and Innovation

Stephen Downes: Half an Hour

You won’t be able to get away from that idea. We are focusing a lot on faculty and rethinking the attributes faculty will need in order to be successful in the future: teaching for learning, curating, etc. Lena - Learning Resources We’re working to redefine and adapt open educational resources. These are defined by a set of ‘5R’ permissions that allow you to reuse them. But we’re thinking beyond discoverability - we want them to be able to adapt and contextualize.

Managing Complex, Disruptive Innovations - Some Lessons Learned

Irving Wladawsky-Berger

Over the past twenty years I have been involved in a number of initiatives dealing with disruptive innovations. One of the major challenges in managing disruptive innovations is that even if you are sure that change is inevitable and you must therefore embrace the new ideas and technologies, you really don’t know what lies ahead. You don’t really know how quickly the new innovations will be adopted in the marketplace. How will your industry change over time?

The Management of Disruptive Innovations

Irving Wladawsky-Berger

The management of disruptive innovations is very different when looking at relatively simple or self-contained technologies, products or services versus highly complex platforms and infrastructures. A lot of the hype you often hear when new innovations come about is the result of people not properly understanding the different dynamics that apply to simple versus highly complex innovations. They are clearly much lighter and thinner than CRT-based products.

An Emerging Platform for Digital, Inclusive Innovation

Irving Wladawsky-Berger

It marked the passage of the Internet from a network primarily used by universities, research labs and geeks in general, to a platform with a vastly expanded reach and connectivity. Anyone with a personal computer and Web browser, was now able to access all kinds of content, communicate with people all over the world, and conduct a variety of transactions over the Internet. . Its reach and connectivity led to the creation of all kinds of innovative, digital applications.

Principles for Managing Strategy and Innovation

Irving Wladawsky-Berger

Darwinian principles seem to apply in business as much as in biology. When technology and market environments go through major changes, as is certainly the case today, previously successful business strategies will no longer work, no matter how much you try to fix them. Companies that are unable or unwilling to adapt to the changes in such a Darwinian climate will become marginalized or extinct. The greatest threat to managers, then, may well be inside the firm.

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

Irving Wladawsky-Berger

It was later expanded into a book, Big Bang Theory: Strategy in the Age of Devastating Innovation published this past January. . The authors’ key premise is that innovation is once more undergoing drastic changes, driven by the exponential advances in digital technologies. Companies are now able to create products that are simultaneously better, cheaper and more appealing than those of competitors. Once launched, such disruption is hard to fight.

A Great Stagnation or a New Golden Age of Innovation?

Irving Wladawsky-Berger

Here is the way things are supposed to work. A new disruptive technology emerges out of the lab into the marketplace, becomes increasingly successful, gets embraced by entrepreneurs who start new businesses based on these new technologies, and begins to gain market share at the expense of the previous, slow moving market leaders. New paradigms emerge for guiding innovation and for determining winners and losers in the marketplace.

Institutional Innovation - I Have a Dream

Edge Perspectives

Everyone talks about transformation these days, but the term is used so loosely that it’s begun to lose all meaning. That’s a useful metaphor, but many have asked me to make it more tangible in the world of institutions. It’s Martin Luther King Day in the US and I can’t think of a better day to declare that I have a dream and to explore that dream in a blog post. I would prefer to call this diversification rather than transformation.

Where innovation comes from

Jay Cross

To stay ahead in business, a firm must continually re-invent itself. In sum, they innovate. Steven Johnson has written a book that looks at innovation from all angles. He explains what nurtures innovation. I’m adding his thinking to my concept of the workscape.

Irving Wladawsky-Berger: Reflections on Leadership and Innovation

Irving Wladawsky-Berger

Irving Wladawsky-Berger A collection of observations, news and resources on the changing nature of innovation, technology, leadership, and other subjects. In this course, I want to examine how to leverage disruptive innovations to significantly transform a business or even a whole industry.

Why Do We Keep Insisting On Killing Productivity?

Luis Suarez

As you may have noticed already, the last post that I put together over here in this blog was a bit over three weeks ago, so, once again, it looks like that quiet period is now over and it’s a good time again to resume my regular blogging activities. However, I am sure you are all wondering what have I been up to then in the last few weeks, right?, and what prohibited me from coming back to the blog and keep up with the regular schedule. Well, how can I put it?

Reflections on Surviving Disruptive Innovations

Irving Wladawsky-Berger

It was based on the “Social Media Implications for Business” panel I moderated during my recent week as Innovator in Residence at USC’s Annenberg School of Communications and Journalism. The panelists pretty much agreed that many legacy media companies are going through a kind of near death experience as the industry transitions from analog to digital technologies. To survive, we had to come up with a very different business model.

Tips: How To Be An Effective Asshole - Bob Sutton

Bob Sutton

About Subscribe to this blogs feed Email Me Follow Me @ work_matters. Learning to listen to others and to ask smart questions is more important. This is especially true when it comes to selfish behavior; unvarnished self-interest is a learned social norm, not an unwavering feature of human behavior. The best test of a persons character is how he or she treats those with less power. It is good to ask yourself, do I have enough? Bob Sutton.

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