Global Trends and Business Strategy

Irving Wladawsky-Berger

T he article reminds us that the trend is your friend is an old adage that applies to business strategy as well as to investing. Digital technologies, and innovative products and services specifically aimed at these markets will play a central role in their development.

The Top Ten Emerging Technologies of 2016

Irving Wladawsky-Berger

For the past several years, the World Economic Forum (WEF) has published an annual list of the Top Ten Emerging Technologies that would likely have the greatest impact on the world in the years to come. The technologies on the list are not new.

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Education Technology Strategies - Day One

Stephen Downes: Half an Hour

lessons scripted around 1:1 laptop); IT issues - we were a Windows network, with everything on our own domain - we needed to open eg printing etc O - consumer technology far more accessible in 2012 esp. A: standard equipment isn''t built that way, we build out systems (eg. dates to classical Greece How does technology change this? - Using technology to find more (vs.

Technological Unemployment and the Future of Work

Irving Wladawsky-Berger

Few topics are as important, - and as challenging to anticipate, - than the future of work given our justifiable fears of rising technological unemployment. One such discussion took place this past September at the The World Summit on Technological Unemployment in New York.

Complex Systems and the “Rashomon Effect”

Irving Wladawsky-Berger

But part of my fascination with the subject is that I often ask myself similar questions when thinking about the equally mysterious world of highly complex emergent systems, that is, systems where the whole can at times be quite different from the sum of their parts.

Education Technology Strategies - Day Two

Stephen Downes: Half an Hour

We had a range of stakeholders outside the system, a lot of students involved, but there was a high degree of consensus. So the Achieving Excellents has four major objectives: - achieving excellence - ensuring equity - promoting well-being - competence We''ve also been partnering with the Council of Directors of Educations (CODE - ''superintendants'') - this boosts what we know about technology and enabling innovations. So, we see this huge growth in technology.

Design Principles for Complex, Unpredictable, People Oriented Systems

Irving Wladawsky-Berger

But, they do not work so well when dealing with highly complex systems with fast changing, interacting components, where it is much less clear what is going on in the present, let alone how things will evolve into the future. Design principles are particularly applicable to problems that are socio-technical in nature, that is, they involve people and technology, having to deal both with complex technical, business and societal infrastructures and human behaviors.

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Can AI Help Translate Technological Advances into Strategic Advantage?

Irving Wladawsky-Berger

Any sufficiently advanced technology is indistinguishable from magic,” is one of the most memorable quotes of science fiction writer Arthur C. But, as we better understand its promise and limitations, technology becomes just another tool we rely on in our work and daily life.

Platforms and the New Rules of Strategy

Irving Wladawsky-Berger

Is it likely all 7 incumbents had failed strategies, run by clueless management, lacking execution capabilities?,” Apple (along with Google’s competing Android system) overran the incumbents by exploiting the power of platforms and leveraging the new rules of strategy they give rise to.

A Growing Backlash Against the Relentless Advances in Technology?

Irving Wladawsky-Berger

Given the relentless impact of technology-based innovation on just about all aspects of society, I like reading the views of different people on the subject, especially those outside my own worlds of technology and business.

Technology or preparation?

Clark Quinn

In listening to a recent presentation on the trends affecting the workplace and HR, there was mention about how organizations were using more cognitive technology, AI, etc. But one of the things I wondered was whether all the new, smart technology really would help as much as was intended or needed. Interface design people were upset about performance support systems, arguing (correctly) that performance support was being used to make up for bad system design in the first place.

Blockchain - Once Again, the Technological Genie Has Been Unleashed from its Bottle

Irving Wladawsky-Berger

The original blockchain vision, - as inspired by Satoshi Nakamoto, - was limited to creating bitcoin, a digital currency and payment system whose users could transact directly with each other with no need for a bank or government agency to certify the validity of the transactions.

Learning and Performance Support Systems

Stephen Downes: Half an Hour

This post is to introduce you to our Learning and Performance Support Systems program, a new $19 million 5-year initiative at the National Research Council that I will be leading. Program Design and Scope The LPSS is designed along three technology thrusts.

Big Data, Complex Systems and Quantum Mechanics

Irving Wladawsky-Berger

In thinking about this question over the last few years, I started to notice that a number of subtle, non-intuitive concepts that I learned many years ago as a physics student seem to apply to the world of big data and information-based predictions in highly complex systems. So is the world of highly complex systems , especially those systems whose components and interrelationships are themselves quite complex, as is the case with systems biology and evolution. .

Principles for Managing Strategy and Innovation

Irving Wladawsky-Berger

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. These questions are the subject of MIT Professor Michael Cusumano’s recent book Staying Power: Six Enduring Principles for Managing Strategy and Innovation in an Uncertain World. The book was named one of the best business books on strategy in 2011 by strategy+business magazine.

The Big Shift in Business Strategy

John Hagel

Business strategy has evolved dramatically over the past four decades in response to the Big Shift that is re-shaping our global business landscape. We’ve recently been exploring some key elements required to escape from the dark side of technology : passion , institutional innovation and movements shaped by narratives. Business strategy emerged in full force in the 1970’s and 1980’s with a strong focus on structural advantage. What would this new form of strategy look like?

Online Systems for Behavior Change

Tony Karrer

But we want to push for more, so ultimately this post is asking for help, please comment or tweet (add @tonykarrer) on : What online systems have you seen that ultimately drive behavior change? What do these systems do that leads to behavior change? eLearning Technology.

Cognitive Systems and Big-Data-driven Applications

Irving Wladawsky-Berger

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.” .

How Can We Ensure that Our Complex AI Systems Do What We Want Them to Do?

Irving Wladawsky-Berger

Software-intensive systems are generally quite flexible, - able to evolve and adapt to changing product and market requirements. However, their very flexibility makes it difficult to adequately anticipate and test all the interactions between the various components of the system.

The Science of Complex Systems

Irving Wladawsky-Berger

When I look back over my long, relatively eclectic career, complex systems have been a common theme in all the activities I’ve been involved in. It started in the 1960s, when I was an undergraduate and graduate student at the University of Chicago majoring in physics, - the study of complex natural systems. My main research interests were centered on large computer systems, including mainframes, supercomputers and distributed systems.

Payment Technologies: Past, Present and Future

Irving Wladawsky-Berger

I was reminded of this dictum when recently attending a very interesting workshop, Payment Technologies: Past Present and Future. The workshop was sponsored by UC Irvine’s Institute for Money, Technology and Financial Inclusion (IMTFI).

Artificial Intelligence is Ready for Business; Are Businesses Ready for AI?

Irving Wladawsky-Berger

In the past few years, the necessary ingredients have come together to propel AI beyond the research labs into the marketplace: powerful, inexpensive computer technologies; advanced algorithms and models; and most important, oceans and oceans of data. AI is now seemingly everywhere.

Complex Sociotechnical Systems: the Case for a New Field of Study

Irving Wladawsky-Berger

Digital technologies are enabling us to develop systems with huge numbers of interconnected components and sophisticated software that infuses them with seemingly unlimited capabilities. We are increasingly able to pull all these capabilities together and develop sociotechnical systems, which combine the powerful, inexpensive and ubiquitous digital technologies with the people and organizations they are transforming.

Systems Thinking, Safety and Risk Management

Irving Wladawsky-Berger

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 Useful Framework for Analyzing the Impact of Technology on Jobs

Irving Wladawsky-Berger

Last week I discussed a recent Pew Research report on the impact of AI, robotics and other advanced technologies on the future of jobs. These activities are neither candidates for technology substitutions, nor can they be easily complemented with technology-based tools. .

AI, Automation and the US Economy

Irving Wladawsky-Berger

This report is further evidence that AI is now reaching the kind of market impact that requires well thought out strategies by both business and government. Like no other technology, AI forces us to explore the very boundaries between machines and humans.

A Neural, Digital System for the Economy

Irving Wladawsky-Berger

Most everyone will agree that the world’s economy is undergoing historical structural changes , mostly caused by the digital technology revolution taking place all around us. Dr. Arthur is external professor at the Santa Fe Institute and visiting researcher at PARC’s Intelligent Systems Lab. This second, digital economy is essentially acting as the neural system for the overall economy. Now it is developing a neural system.

technology, change, and us

Harold Jarche

Another attribute of the most successful strategies is that they are parasitic. As Z/Yen put it earlier this year: “For many people the big story is not Bitcoin, rather it’s the blockchain technology that makes tens of crypto currencies work.

Blockchain and the Future of the Firm

Irving Wladawsky-Berger

While the Internet, blockchain, and other technology advances would seem to support the decentralization of the economy away from big companies, the data indicates that, at least so far, their demise is not evident.

Minds and Machines

Irving Wladawsky-Berger

With the advent of ERP systems and the Internet in the 1990s, businesses settled on what McAfee and Brynjolfsson call the standard partnership between people and computers. Its central thesis is that our mind is composed of two very different systems of thinking, System 1 and System 2.

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The top 10 opportunity costs for single source content strategy

Xyleme

When you think about your company''s digital learning content strategy, what''s the first thing that comes to mind? Granular content instantly updates on one or more Learning Management Systems.

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The Emerging Data Economy

Irving Wladawsky-Berger

Data has been closely intertwined with our digital technology revolution since the early days of the IT industry. Ever since, digital technologies have been permeating just about every nook and cranny of the economy, society and our personal lives.

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Automation Anxieties - We’ve Been Here Before

Irving Wladawsky-Berger

Automation anxieties have been with us ever since the 1810s, when the so-called Luddites smashed the new weaving machines that were threatening their textile jobs, and they continued to resurface over the past two centuries right along with advances in technology.

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Strategy and Execution in an Increasingly Complex World

Irving Wladawsky-Berger

I recently read a good, short article in strategy+business (s&b) , the management magazine published by the global consulting firm Booz & Company. Its title asks the question: “ Strategy or Execution: Which Is More Important? ,” to which it adds the tagline: “Many business leaders think they’d rather have great execution than superior strategies, but you can’t have the first without the second” . But, the article goes on to succinctly defines strategy as “.

Corporate Survival: Lessons from Biology

Irving Wladawsky-Berger

Therefore, the principles that confer robustness in these systems, whether natural or manmade, are directly applicable to business.”. Let’s take a closer look at the nature of complex adaptive systems. Why are these systems so complex?

Technology and the Future of Media

Irving Wladawsky-Berger

Most everyone will agree that advances in information and communication technologies (ICT) are radically transforming the business landscape. Digital technologies are not only giving rise to more distributed and inclusive models, but are also enabling alternative unilateral-like models.

The Simple, Economic Value of Artificial Intelligence

Irving Wladawsky-Berger

In their opinion, “the best way to assess the impact of radical technological change is to ask a fundamental question: How does the technology reduce costs? As AI technologies advance, machine predictions will increasingly replace human ones in an increasing number of tasks.

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Is Blockchain Ready to “Cross the Chasm”? Lessons from the Internet

Irving Wladawsky-Berger

These survey results are not surprising for a technology as new and complex as blockchain. With such technologies, you typically have a relatively small number of early adopters. Blockchain has the potential to transform our economic and social systems.

Platforms, Blockchains, and the Evolution of Trust

Irving Wladawsky-Berger

What’s new is the impact of technology, platforms and blockchain in particular, on the growing on-demand economy. Its competitive advantage is its Internet-based reputation systems for trust between hosts and guests, based on the ratings of over 200 million guests.

Becoming a Data-Driven Business: Challenges and Opportunities

Irving Wladawsky-Berger

Big data ,- including analytics , data science , artificial intelligence and related information-based technologies - are now everywhere. “Is The convergence of several technology trends is accelerating progress. In short, these systems are trained rather than programmed.”.

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