The Fourth Industrial Revolution
FEBRUARY 23, 2016
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 Fourth Industrial Revolution - Risks and Benefits
FEBRUARY 20, 2017
The Fourth Industrial Revolution (4IR) was the central theme of the 2016 World Economic Forum (WEF) that took place a year ago in Davos, Switzerland. Dr. Schwab positions the 4IR within the historical context of three previous industrial revolutions.
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? What can we learn from the IT industry’s 60-year history that might help us better prepare for whatever lies ahead? Cloud represents the industrialization of the data center.
Third Industrial Revolution – Review
OCTOBER 31, 2011
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.
Scale and Complex Systemic Innovation
JANUARY 2, 2012
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.
Grand Unified Theory of Service Design, Systems Design, and Organization Design
MARCH 9, 2016
Jeff Sussna is an internationally-recognized systems thinker and IT expert, combining engineering expertise with an ability to bridge business, creative, and technical perspectives. The other thing is, I think a lot about the relationship between designing and operating systems and designing and operating organizations. This is where organizational design and system design really become inseparable. And our systems get better and better as we go.
Our education system stumbles into the future
SEPTEMBER 4, 2014
According to a local professor, the New Brunswick education system is too centralized , but it’s not just education. Addressing the problems of centralization is an issue with all established institutions as we shift from an industrial to a networked economy.
Social systems need diversity
DECEMBER 9, 2011
Is it so difficult to see that our education system is badly broken? It’s about collecting data that tells you more about your business, your customers, your stakeholders, your products, your industry, your environment.
One More Industry Where Employment is Dropping as Output Rises
APRIL 24, 2013
” This employment decline has taken place despite the fact that US financial industry profits are at an all-time high. This continues a pattern we’re seeing in other industries.
Cognitive Systems and Big-Data-driven Applications
OCTOBER 23, 2013
In the first week of October I participated in a Cognitive Systems Colloquium hosted by IBM at its Thomas J. These systems will learn and interact to provide expert assistance to scientists, engineers, lawyers, and other professionals in a fraction of the time it now takes.” .
Innovating our way out of the industrial era
JULY 9, 2012
Our main constraints are our artificial structures, especially our schooling systems. I have frequently said that simple and complicated work is getting automated and outsourced and that the real value in the networked enterprise is in complex (creative) work.
Our New Head of Service Design: On the state of the industry, its value, and why Capital One
OCTOBER 25, 2016
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. Hey, there’s someone we’d like you to meet.
Systems Thinking, Safety and Risk Management
MAY 2, 2012
Several participants cited the sharp rise in volume and speed of high-frequency trading over the past decade as an example of a current practice that is potentially increasing volatility and systemic risk in financial markets. Toward the end of the roundtable, the moderator asked us to reflect on the kinds of controls needed to make financial systems more stable and less prone to another major crisis. Financial systems are an example of such complex engineering systems.
A Neural, Digital System for the Economy
DECEMBER 9, 2011
Dr. Arthur is external professor at the Santa Fe Institute and visiting researcher at PARC’s Intelligent Systems Lab. Digitization is creating a second economy that’s vast, automatic, and invisible - thereby bringing the biggest change since the Industrial Revolution,” he writes at the very beginning of the article. They gave access to the east’s industrial goods; they made possible economies of scale; they stimulated steel and manufacturing - and the economy was never the same.”.
A framework for industry leadership based on collaboration
OCTOBER 12, 2015
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.
Why it matters that networks in organizations and social systems are shifting to power-law distributions
NOVEMBER 3, 2014
’ * There are many factors, such as positive feedback loops and self-organisation , that are shifting systems towards power-law distributions. The shift towards scale-free networks is visible across many domains , including social networks, industries, and politics.
AI, Automation and the US Economy
JANUARY 10, 2017
We can expect a great need for highly-skilled software developers and engineers to put AI to practical use across multiple industries. Similarly, t he increased use of robotics will be accompanied by major changes in manufacturing systems.
An Operating System for the Mind
Stephen Downes: Half an Hour
SEPTEMBER 19, 2009
Interestingly, that's how many people used to think of electronic information systems - as mechanisms into which you input facts to facilitate easy discovery and retrieval. The computer, or online systems (such as Minitel) were visualized as giant electronic libraries, with the sum total of the world's knowledge at our disposal. Put the facts into the system, and come up with some mechanism to get them out. Let's return to the computer system analogy.
2012 Philanthropy and Social Investment Industry Report Now Available
DECEMBER 5, 2011
For the past three years, my colleague Lucy Bernholz has published her annual Philanthropy and Social Investing: Blueprint, an industry forecast about the social economy – private capital used.
6 uncertainties that will shape the future of mobile operating systems
MAY 5, 2011
I began by looking at the mobile operating system landscape, showing the forecasts recently made by Gartner, as below. I would not make the same forecasts for a number of reasons, however Gartner’s figures are a reasonable stab at what mobile operating system shares might be.
State of the LCMS with Mark Hellinger
DECEMBER 21, 2012
It seems to me that this is a good time to comment on the state of the Learning Content Management Systems (LCMS) market given the many changes in 2012. Industry News Post Type: Blog post. read more.
Corporate Survival: Lessons from Biology
JANUARY 26, 2016
The carnage might be more pronounced in the fast-changing IT industry, but no industry is immune. Therefore, the principles that confer robustness in these systems, whether natural or manmade, are directly applicable to business.”. Why are these systems so complex?
Dr. Watson, Please Report to the Health Care System
MARCH 7, 2011
In his op-ed, Verghese frets a good bit about the digitization of health care delivery, but I’m eager for technology to improve this inefficient , error-filled , and pre-industrial industry. Physician, professor, and novelist Abraham Verghese wrote a recent op-ed in the New York Times in reaction to the news that IBM is working with the universities of Columbia and Maryland to adapt Watson , the Jeopardy! champion supercomputer , to the task of medical diagnosis.
Digital Twin: Bringing the Physical and Digital Worlds Closer Together
NOVEMBER 28, 2016
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.
The MIT Systems Thinking Conference
OCTOBER 29, 2010
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.
Becoming a Data-Driven Business: Challenges and Opportunities
DECEMBER 19, 2016
Given rapid technological advances, the question for companies now is how to integrate new capabilities into their operations and strategies - and position themselves in a world where analytics can upend entire industries.”. In short, these systems are trained rather than programmed.”.
What’s the Value of Blockchain?
APRIL 17, 2017
Blockchain has the potential to transform our economic and social systems, but such a transformation is still many years away. and how will it transform their particular business and industry? What’s more, the system is rife with fraud.
June Round-up of Learning Industry News
JULY 16, 2013
The partnership will provide schools with access to a broad range of HMH curriculum via Agilix’s BrainHoney® learning management system. Edgenuity recently completed 13 Online and Blended Learning Summits involving over 700 school and district leaders.
Becoming a 21st Century Digital Tinkerer
JULY 28, 2015
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.
The Top Ten Emerging Technologies of 2016
AUGUST 16, 2016
Systems Metabolic Engineering — “Advances in synthetic biology, systems biology, and evolutionary engineering mean that the list of building block chemicals that can be manufactured better and more cheaply by using plants rather than fossil fuels is growing every year.”.
The Need to Adapt to the Speed of Change or Die: lessons for L&D from the retail industry
JANUARY 16, 2013
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.
Has AI (Finally) Reached a Tipping Point?
OCTOBER 24, 2016
What impact is it likely to have on jobs, companies and industries? The first such Study Panel, launched a year ago, was comprised of AI experts from academia, corporate laboratories and industry as well as AI-savvy scholars in law, political science, policy, and economics.
The (Uneven) Digitization of the US Economy
JANUARY 19, 2016
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.
State of the LCMS with Mark Hellinger
DECEMBER 21, 2012
It seems to me that this is a good time to comment on the state of the Learning Content Management Systems (LCMS) market given the many changes in 2012. Industry NewsPost Type: Blog post. read more.
The Evolution of the Internet of Very Smart Things
OCTOBER 15, 2014
Fog or Edge computing might well become a new computing model , the 4th such model in the IT industry’s 60 year history. The notion of IoT solutions built as centralized systems with trusted partners is now something of a fantasy.” .
On Saving the American Health System: Dr. Donald Berwick's.
DECEMBER 19, 2011
The Observer | Business | You could be a genius - if only you had a good system. Adam Penenberg: Tragic Indifference: One Mans Battle with the Auto Industry over the Dangers of SUVs. 11 Books Every Leader Should Read » On Saving the American Health System: Dr. Donald Berwicks Farewell Speech. If you doubt it, visit the brilliant Nuka care system at Southcentral Foundation in Anchorage, which just won the Baldrige Award. Bob Sutton.
The Industrialization of Services
FEBRUARY 23, 2009
In the late 18th century, the Industrial Revolution started the transition from a manual-labor based economy towards an economy based on using technologies, tools and machines to significantly improve the manufacturing of physical goods. Over the next two hundred years we have seen the industrial sector of the economy achieve major improvements in the productivity and quality of manufacturing, ranging from very simple to highly complex physical objects.
The Transformative Power of Cloud Computing
DECEMBER 12, 2016
For the IT industry, a new computing model is a very big deal. In the sixty years or so since there’s been an IT industry, this would be only the third such model, centralized and client-server computing being the two previous ones. The Industrialization of Services.
Could Blockchain Prove to Be “The Next Big Thing”?
APRIL 18, 2016
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.
Digital Identity - the Key to Privacy and Security in the Digital World
AUGUST 29, 2016
From time immemorial, our identity systems have been based on face-to-face interactions and on physical documents and processes. But, the transition to a digital economy requires radically different identity systems.