Seven Ways Organizations Can Survive Until 2100

Last week, I was attending my third Techonomy conference.

Techonomy explores “the role of technology in business and social progress.”

I love the word “progress.”

It has that gentle flavor of positivism; in the direction of better. I am more and more convinced that we don’t need innovation; we need progress.

How is progress reflected in a modern company? What does a 21st century company look like? Or maybe we should start thinking about what a 22nd century company would look like. (22nd century indeed: somebody born in 2012 will only be 88 years old in 2100. If Ray Kurzweil’s predictions are realized, it will be a piece of cake by then.)

People might grow older, but companies will die younger.

John Hagel proves with the Shift Index that the firm performance (based on Return on Assets) has declined systemically over the last 50 years.

Most companies don’t last longer than 40 years. Most of today’s companies will not exist in 2100.

The question is: What are the characteristics of sustainable companies?

Here is a list of some memes I’ve come across in recent months: the Adaptable Company, the Decentralized Company, the Sharing Company, the Participating Company, the Collaborative Company, the Connected Company, the Connecting Company, the Coherent Enterprise, the Elastic Company, the Human Company, the Learning Company, the Living Company. I could go on.

I propose that there are at least seven characteristics that will be typical in the 22ndcentury company:

1. Peer-to-Peer Networks

Decentralized organizations with peer-to-peer networks of highly skilled knowledge workers will best create and sustain knowledge flows and enable employees to self-organize. The jury is still out on whether knowledge workers will most often be hyper-specialists or hyper-generalists, but the successful company of the future will behave as a living organism where peers organize themselves in “cells.”

In The Connected Company (Amazon Associates Link) Dave Gray calls such organizations “pods”: Hyper-connected cells building relations with other cells based on a common principles, a common set of values, a common pattern language.

2. Architects of Serendipity

Being an architect of serendipity is about creating connections and providing opportunities for collisions between nodes in a network that learn from the collisions and continually adapt. The collisions are not random. Instead, this is designed serendipity, which might sound like an oxymoron.

Tony Hsieh, CEO of Zappos, the shoe company acquired by Amazon last year, is setting the scene for architected serendipity with his Downtownproject.

Instead of venturing in yet another luxury corporate campus with everything on-site from shops, restaurants, doctors, and central idea-incubation, Hsieh sees the value in integrating the Las Vegas fabric to catalyze collisions. He is investing about $350 million in local startups, small businesses, education, arts, culture, and residential and commercial real estate.

 

This campus of the future

starts to look more and more

like a complex living organism

 

Forget the old alliteration, the 4 P’s and 5 C’s of Kottler and Drucker. The C’s of this new era are those of hyper-connected learning organizations: Curated content, Community, Culture of openness, Collaboration, Creativity and optimism, Co-Learning, Co-Working, Co-Creation, Collisions, Connections. 

3. Empowered Radicals Instigating a Corporate Spring

Some call them Corporate Catalysts, Catalyst Peers, or Corporate Rebels. Steve Johnson described these instigators in his excellent new book Future Perfect: The Case For Progress in the Networked Age (Amazon Associates Link):

 

 

the most striking thing about these new activists and entrepreneurs was the personal chord that reverberated in me when I listened to them talk about their projects and collaborations—and their vision of the progress that would come from all that work.”

In September, I wrote a blog post called Companies Are Movements of Greatness. Catalyst peers in our organizations instigate these movements, whether these organizations are hierarchies or peer-to-peer networks.

The point is we have to unleash the energy of these “positive deviants.” I joined with a group of enthusiasts around the globe to put together a Corporate Rebels Manifesto. It’s all about a common set of principles, a pattern language for helping our companies succeed in the Hyper-Connected economy. It’s about creating a new global practice for value creation. It’s about progress.

4. Empowered Platforms

Amazon, Google, Apple, and Facebook are celebrated for their platform approach, exposing their core functionality through application program interfaces (APIs) so that other players in their networks–customers, partners, developers–can create new value on top of their platform.

We are only at the beginning of this trend, which will encompass all trade and commerce supply chains. In the end, I believe a wide variety of entities, including people, businesses, devices, and programs will have their own clouds and APIs.

What should come next in this evolution is an interoperability among clouds, a layer of services, protocols, and standards that let a Cambrian Explosion of Everything share data in real time, securely and with the appropriate governance and trust.

 

 

Every company may have to carve out

a role as a platform player

 

5. Empowered and participative customers

Doc Searls has written extensively about The Intention Economy (Amazon Associated Link) and customers taking back control of their data. Many organizations have implemented Open Innovation techniques, calling upon the intelligence in their networks to discover and develop new ideas.

The motto “We know more than me” applies the principles of Crowdsourcing. Barclays Bank recently launched BarclayCardRing, a crowdsourced credit card that empowers customers with highly transparent services and shares the program’s profits and losses and monthly financial statistics. In simple language, the data explain how the program is performing. Customers become producers, in partnership with the companies that serve them. 

6. Deeply Digital and Human

It’s been almost 20 years since Techonomist Nicholas Negroponte wrote Being Digital.

We now swim in a sea of data and the sea level, so to speak, is rising rapidly. Billions of connected people, far more billions of sensors, and trillions of transactions now add up to create unimaginable amounts of information. This new environment will require extraordinary adaptability: It is as if we are a species from dry land that has to learn to live in the ocean.

The digital age environment requires a new design for companies, which presents both threats and opportunities. Companies will be disintermediated, will see the erosion of their market share as new entrants muscle in, and technology companies will threaten the position of incumbents in more and more industries, threatening profitability.

But there are also opportunities: sources of rich information are multiplying, and more information is being digitized all the time. Every business is becoming a digital business.

However, the potential benefits of the explosion in number of nodes and the volume of data is being squandered due to low levels of trust, concerns about security, and barriers to monetization. That’s why my employer, SWIFT, has launched a project called the “Digital Asset Grid.” The Grid is a research initiated by Innotribe, SWIFT’s Innovation initiative for collaborative innovation.

With the Grid, Innotribe proposesa new infrastructure for banks to provide a platform for secure peer-to-peer data sharing between trusted people, business, and devices.

7. Diverse Contribution and Leadingship in the Social Era

My initial post on Techonomy only included six ways organizations can survive. Nilofer Merchant kindly drew my attention to the diversity aspect. What follows is an edited version of an e-mail she sent me:

We are all talking about thriving, being more deeply connected in community and thus allowing our organizations to be more adaptive. And my question is… is this system of change more about the same or about something fundamentally shifted in who is allowed to contribute.

I hope our future economy is also about including the people who are unseen today. Those who are right in front of us, creating value but then ignored when it comes to be included as leaders, or thinkers to shape the future. No one does this out of bad intent, but out of blindness. Few people will realize that while Hagel and Kelly and Gray etc are mentioned, many well-respected best-selling women management thinkers were not. Our thriving systems HAVE to be open enough to include those that are currently blocked out.

And we will be surprised by what we create. I remember the story of Fold It. The original inventors of that “game” imagined Phd students more like them than not would be the ones creating value. But in the end, it was a woman who was an admin during the day and the best protein folder at night. If the system had first vetted, she would have been screened out, but when all the rules are evened out… she contributed valuable stuff because she could. (http://blogs.hbr.org/cs/2012/04/just_how_powerful_are_you.html).

Blindness shifts when we start to be more conscious. In stead of perpetuating talking about the change, we have to embodying the change. 

Nilofer stroke a cord.

Her new book “11 Rules for Creating Value in the #SocialEra” (Amazon Associates link) indeed offers new rules for creating value, leading, and innovating in our rapidly changing world. These social era rules are both provocative and grounded in reality—they cover thorny challenges like forsaking hierarchy and control for collaboration; getting the most out of all talent; allowing your customers to become co-creators in your organization; inspiring employees through purpose in a world where money alone no longer wields power; and soliciting community investment in an idea so that it can take hold and grow.

 

 

The Industrial Era and the Information Age are over

and their governing rule are passé

 

Leading in the Social Era requires a rethink and re-imagination of what can be.

During the same period, I discovered Rune Kvist Olsen in the following YouTube video (1 hour video, you need to be present to fully appreciate the message from Rune)

There is also the excellent article “Leading-Ship: reshaping relationships at work” His thinking blew me away in rethinking leadership into “leadingship”. It cuts deep in what motivates people. There is also an associated slide deck here http://goo.gl/Ds1Qd . Rune   challenges big time all our preconceptions about leaders and followers. I feel deeply inspired by it.

I really enjoyed the 2012 edition of Techonomy. The conference convenes discussions among leaders focusing on the implications of technology change. Kevin Kelly put technology “in charge” in his seminal work What Technology Wants (Amazon Associates Link) challenging the notion that humans control the direction of technology. I look at it more and more as a form of symbiosis.

It happens that I met Kevin Kelly face-to-face later that week at Defrag 2012, where he delivered an awesome talk on “The Emerging Technological Superorganism” but that is the subject for a future blog.

The Internet – with it’s built-in peer-to-peer network architecture – made new forms of peer-to-peer collaboration possible. The creative energy unleashed by the edges of our network represent a transformative change and challenge in how we organize our intelligences in a mix of peer-to-peer intensities, supplemented with some structured “companies” that orchestrate some of the overarching memes in our society.

The rules have changed. To quote Robert Safian (Editor-in-Chief, Fast Company) in his Oct 15 blog post “The Secrets of Generation Flux”:

“Business today is nothing if not as paradoxical. We require efficiency and openness, thrift and mind-blowing ambition, nimbleness and a workplace that fosters creativity. Organizational systems based on the Newtonian model are not equipped for these dualities.”

Innotribe at Sibos Osaka: Innotribe Health Index

This blog post shares some more details about the Innotribe Health Index. This session will take place on Monday 29 Oct 2012 from 11:00 till 12:15 in the Innotribe Space. The overall Innotribe Program at Sibos is here, and I try to keep that post up-to-date with the very latest speaker and program announcements.

Whereas we are sure that the main conference will cover main topic areas and trends such as Global Shifts in Economic Power, Regulation, and the financial crisis, Innotribe would like to propose some alternative lenses based on New Economies and New Values thinking, aimed at accelerating a positive re-balancing.

The Innotribe Health Index is a brand new Innotribe initiative. Through six different lenses (Reputation and Sentiment, Social Data Capital, Big Shift Readiness, Technology Readiness, Urbanization and Inequality, and Agility), we will try to give an alternative ‘health check’ of the financial system.

The intention is that the Innotribe Index is an annual checkpoint, where this year we establish the baseline, and in subsequent years we look at the progress we make versus this baseline.

The effect we want to create is a bit like the famous “state of the union” update on Internet trends by Mary Meeker (who moved last year from Morgan Stanley to Kleiner Perkins Caufield Beyers).

Here is the data-avalanche presentation by Mary Meeker of last year at Web 2.0 Summit in San Francisco:

That went fast? Yes, indeed. Like a jet-airliner flying through your living room!

We will at least go as fast, if not faster. Indeed, this session is designed as a “high-speed” session.

Each igniter (that’s how we call our speakers) will give a power talk on their specific lens, and where possible come-up with a readiness index score from 1 – 10, giving a sense of the readiness of our community for that particular challenge. That’s six lenses in one hour!

Some background on our igniters for this session, and why we invited them to be part of this session:

Julius O. Akinyemi

Julius is the initiator of Unleashing the Wealth of Nations project and the Resident Entrepreneur at MIT Media Lab in Cambridge, Massachusetts.

The objective of this initiative is to effect a sea-change, a quantum leap for ordinary citizens of developing economies to move from day-to-day survival mode to a personal wealth creation and growth via asset ownership, registry, and mobilization.

To unlock the wealth of nations, we aim to provide practical solutions tailored to the local environment that leverages the convergence of existing technologies. By registering people, their assets, and life events in an eRegistry, and through economic modeling, we will work to mobilize the currently dormant trillions of dollars in local assets in developing nations in order to generate local capital that fuels the economy via asset securitization.

Julius will come with a “Social Data Readiness Index”, as we see the availability of people’s social and identity data as one way to create financial inclusion. This topic will also be covered during one of the breakouts of the Digital Asset Grid session to showcase that unlocking data assets has an important role for the bottom of the pyramid.

Wouter De Ploey

Wouter is Director in Business Technology Office, McKinsey & Company.

He will present results of research done by the McKinsey Global Institute on global economic trends, including urbanization, resource markets, capital markets, and productivity and growth, with a focus on Asia.

  • The landscape for supply/demand of labor is changing dramatically: where are the jobs for skilled/unskilled workers? Is the inequality in wages going up/down?
  • More and more people live in cities. Urbanization is driving a lot of growth. McKinsey identified 450 emerging market cities. Capital follows activity. Access to capital gets tighter and more localized. Do banks have the right local footprint?

“What’s the readiness of banks to confront these meta-challenges?” is the subject of this lens.

John Hagel

John is Co-chairman, Deloitte Centre of the Edge. He very much supports out-of-the-box and catalyst new ways of thinking. That is for sure one of the many reasons why John is one of the enablers for the Innotribe incubation activities.

John writes regular for HBR, on his own blog, and has published several book. His latest “The Power of Pull” (Amazon Affiliates link) has become a business classic, where John highlights how we move from Knowledge Stocks to Knowledge Flows.

This shift is also at the basis of the Big Shift Index that Deloitte’s Center for the Edge has developed to provide a clear, comprehensive, and sustained view of the deep dynamics changing our world, and what companies can do to address them.

The Big Shift Index consists of 3 indices and 25 metrics designed to make longer-term performance trends more visible and actionable. You can download the Big Shift Index here (PDF file)

We are very proud of having such a thought leader as John Hagel with us at Innotribe Sibos to present the Big Shift Index. You don’t want to miss John’s authentic take on this fascinating subject.

Michael Jones

Michael is VP of Technology, Dachis Group. We have invited Michael to present the Social Business Index.

This index is built on top of Dachis Group’s Social Business Intelligence Insight Platform, analyzes the effectiveness of strategies and tactics organizations employ to engage the market through social channels.

The Social Business Index analyzes signals from over one hundred million social sources globally and analyzes the performance of the largest global companies and thousands of those companies’ brands. The Index is generated through the use of natural language processing, semantic analysis, and machine learning algorithms.

Think about it as a machine learning engine.

Michael will do a drill down on the data they have available on financial institutions.

William Saito

William is Founder & CEO, InTecur, K.K.

He is an entrepreneur, venture capitalist, public policy consultant and educator who has founded start-ups, managed corporations and worked on global information security policy over the past two decades.

To build entrepreneurial spirit in Japan, Saito also acts as CEO for the Innovation Platform Technology Fund (IPTF), a venture capital fund established by ex-Sony CEO Nobuyuki Idei and Kazuhiko Toyama, the former COO of the Industrial Revitalization Corporation of Japan (IRCJ). The IPTF seeks to produce more successful global ventures in Japan by creating a genuine venture environment.

Saito is active in several roles with the World Economic Forum (WEF). In 2011, he was named a Young Global Leader.

He is also Chief Technology Officer (CTO) of the Fukushima Nuclear Accident Independent Investigation Commission, the first such commission ever appointed by Japan’s national legislature.

With his strong entrepreneur role and his extra-ordinary international perspective, we have asked William – who now lives in Japan – to come up with “The William Saito Index”, an index reflecting agility readiness in financial services.

It will be a very personal take reflecting on entre- and intra-preneurship, in Japan and globally.

Michell Zappa

Michell Zappa is a Berlin-based technology futurist who has spent part of his life between London, São Paulo, Stockholm & Amsterdam.

His work, called Envisioning Technology, focuses on explaining where society is heading in the near future by extrapolating on current technological developments.

His research facilitates understanding the field for those who work in technology by painting a bigger picture of where the landscape is heading. In this, he tries to guide both corporations and public institutions in making better decisions about their (and society’s) future.

I met Michell through a tweet that was forwarded by one of my followers. Once we connected, we immediately spotted a fantastic opportunity to describe the readiness of financial institutions through an amazing interactive infographic. As we get closer to Sibos, we’ll release some pre-views of these amazing insights.

Coming soon: previews of Michell Zappa’s infographic on technology readiness of banks: short, medium and long term.

Michell has really surprised me with his fresh take on technology readiness, and I am very excited by the work-in-progress that I have seen from him in preparation for this session. Next year, I would love to give him a full hour.

So, in summary, fasten your seatbelts for this “faster-than-light” session, were you will be immersed in the readiness of financial institutions based on six different alternative lenses.

See you all in Osaka! Monday 29 Oct 2012 from 11:00 till 12:15 in the Innotribe Space.

By @petervan from the Innotribe team

Innotribe at Sibos Osaka: Digital Asset Grid

This blog post shares some more details about the Digital Asset Grid session. The session Digital Asset Grid will take place on Wednesday 31 Oct 2012 from 16:00 till 17:30 in the Conference Room-3. It is part of the Main Conference sessions of Sibos. The overall Innotribe Program at Sibos here, and I try to keep that post up-to-date with the very latest speaker and program announcements.

I have written extensively about the Digital Asset Grid in previous blog posts. Most recently in Banks-as-a-Platform and the Cambrian Explosion of Everything, all reflections on what it means to live in a hyper-connected world, to be immersed in the digital age.

We swim in a sea of data and the sea level is rising rapidly. Tens of millions of connected people, billions of sensors, trillions of transactions now work to create unimaginable amounts of information. A new environment requiring a lot of adaptability. We are species from the land that have to learn to live in the ocean. Like camels that used to live in the desert, that now have to survive in the ocean.

A new environment requires a new design.

The digital age and making the new design presents both threats and opportunities for Banks:

  • Dis-intermediation and erosion of market share by new entrants, telco’s and dominant technology companies threaten the position of Banks – and are increasing in velocity – reducing margins and profitability.
  • But there are also opportunities: new sources of rich information are multiplying, and the information that is available is being digitised.

Every business is becoming a digital business,

also banks and financial institutions

However, the potential benefits of the explosion in number of nodes and the data volume explosion are being squandered due to low levels of trust, concerns about security, and barriers to monetisation. The Digital Asset Grid has the ambition to tackle these challenges.

The Digital Asset Grid is a research project by Innotribe, SWIFT’s Innovation initiative for enabling collaborative innovation.

The Digital Asset Grid is probably one of the most forward-looking incubation projects of Innotribe.

The project proposes a new infrastructure

for banks to provide a platform

for secure peer-to-peer data sharing

between trusted people, businesses, and devices

The Digital Asset Grid does for data what SWIFT has already done for payments: providing a new scalable global network that supports “digital data banking”, a trusted peer to peer sharing of any digital asset between two or more nodes on the network. Banks existing qualities in management of de-materialized assets (today this is money but tomorrow this will be data), trust, regulatory compliance, market coverage and risk management puts them in a unique position to assume this role.

Indeed, with the Digital Asset Grid, we believe we are setting the direction for creating an internet-scale digital platform for information logistics.

The Digital Asset Grid acts as a digital map which describes:

  • The location of the data,
  • The trust framework governing access,
  • The digital identities who have access to that data, and
  • The usage rights these identities have under trust frameworks.

It overcomes the “data frictions” such as lack of security and trust and enables data to flow, leading to the creation of a low cost eco-system of revenue generating apps & services.

In addition, the Digital Asset Grid leverages SWIFT’s core skills and competences regarding governance, identity, security and operational excellence, establishing thus a global data-sharing platform as ubiquitous and reliable as today’s global banking network.

As part of the research, we wanted to go beyond mere PowerPoint presentation of a concept. What we have done is building an end-to-end prototype, with working applications and a working back-end infrastructure, together with a solid business story that is the result of a consultation with several banks of our community. In addition we produced a “foresight”-video of possible use cases.

Innotribe and its collaboration partners will present this prototype at Sibos on Wednesday 31 October 2012 from 4pm – 5:30pm in Conference Room 3. The session is part of the Main Conference Sessions of Sibos.

What we will show-case is:

  • A very strong opening with a strategy story by Antonio Benjamin – Global Chief Technology Officer & MD Citi GTS/ICG
  • A exciting intro into the changes in the digital data landscape
  • A brand new HD video – in the style of “Flowers for Grandma” and “Fly me to the Moon”, taking you into a not so far future 2013-2014, and showing in life environment of what is possible with current technology and the apps that we have built as part of the prototype.
  • A working prototype of the Digital Asset Grid server, server code and APIs
  • 4 applications illustrating the power of the Digital Asset Grid; some apps are relevant for the retail space, others are more relevant in a B2B context.
  • A compelling Business Story, where the opportunities are categories in three groups:
    • Creating new revenue streams through monetization of existing and new data assets
    • Doing the same better
    • Delivering New Services

But it would not be Innotribe if we added some elements of performance and interactivity. I can’t reveal everything in this blog post, but the staging of this session will include a motorcycle and smoking server.

Also, we will have facilitated breakout sessions to create an immersive learning experience for the audience. In these breakouts you will have the opportunity to get into person-to-person conversation with the developers of the applications and the back-end infrastructure, and the partners who have built the Business Story.

And at the end, Yobie and senior representatives from two other major banks will wrap-up the sessions with some suggestions on the way forward. And we’ll have some other surprises and some very cool announcements, which of course I cannot share now, if not you would not come to the session 😉

The Digital Asset Grid offers Banks the opportunity to transform their industry, making them and their customers more efficient, generating new value and enabling Banks to launch a range of new services – it is a game changer.

The financial industry has a unique chance to seize this opportunity and position themselves in a very compelling competitive position in a future of real-time information logistics.

I cannot enough emphasise the importance of the Banks-as-a-Platform meme: it means that the value creation moves from the centre to the nodes. The market used to think in monopolistic, silo-ed service providers, that put themselves in the middle of the nodes-universe, leading to non-interoperable silos of data and value creation. By moving from a central to distributed architecture at internet-scale, banks suddenly have the opportunity to be themselves the platform, with SWIFT as a shared beacon of governance and trust.

I believe this is a “good” project. Good for our industry. It comes at the right time and at a tipping point where we see an evolution towards a peer-to-peer economy between trusted nodes in the grid.

It is fantastic that SWIFT – through the Innotribe Incubation Fund – makes this sort of research and experimentation projects possible.

Incubation is in my opinion indeed about “catalysing ideas”: it is about setting waves of thinking into motion, planting seeds in the brain, and getting the chance to develop those ideas in full so that they become foresight scenarios that become in their turn reference points for decision making.

Only when you have some strong foresight scenario/reference in your brain, you can spot and recognise the disruptive change signals from the market and make relevant and inspired decisions on “what would I do if this scenario happens?”

The Digital Asset Grid is one of those foresight scenarios of a catalysed idea, a strong testimony that innovation beyond adjacencies can happen in more traditional environments.

The team has done a great job in depicting the “foresight reference model” of a not-so-far-out possible future. The test for our community will be to validate whether we can rally ourselves to take the foresight model out of its incubation sandbox and move it to the next phase of acceleration and do it for real.

I am very excited to be able to share soon with a wider audience the results of the last couple of months of hard work, and I am very curious to see how and when our industry will seize this opportunity. I feel privileged to witness this turning point, and I am deeply grateful to the team, the customers, and SWIFT who made all this happen.

See you all in Osaka! Wednesday 31 Oct 2012, at 16:00 in Conference Room-3.

By @petervan from the Innotribe team

Companies are Movements for Greatness

A couple of weeks ago, I was attending #BIF8 conference, organized by Saul Kaplan and his team. I was there 2 years ago, when Keith Yamashita from SY Partners did his fabulous talk on “Should I Dare to be Great?”

With hindsight, I found that that 2010 edition of BIF was better curated and had a more consistent level of high quality of speakers or “story tellers” as they are called at BIF.

Whereas 2010 was great, 2012 was good. This year, I was missing that consistency in quality. But there was clearly a theme emerging from the different talks. Initially it was a bit blurry for me what the theme was: companies are communities, creators of serendipity, human community movements, platforms for movements,… ?

In any case, it was clear that something deep is changing about what a company is all about. It made me think about the 1997 (yes, 1997!) book “The Living Company: Growth, Learning and Longevity in Business” by Arie De Geus (Amazon Affiliate Link).

The foreword by Peter Senge highlighted the big shift that is described in this wonderful book:

“The contrast between these two views – thinking about a company as a machine for making money versus a living being – illuminates a host of core assumptions about management and our organizations”

and

“Seeing a company as a living being leads to seeing its members as human work communities”

Most decision makers in our organizations have and still are trained in the model of the organization as a money making machine. Because this model almost completely ignores the fact that organizations are made out of people, human beings of flesh and blood and emotions and not “human resources” that you can just move around on the check board like physical resources, this has created in many companies an almost toxic environment with little room for happiness.

“Corporate health is experienced as work stress, endless struggles for power and control, and the cynicism and resignation that results from a work environment that stifles rather than releases human imagination, energy and commitment. The day-to-day climate of most organizations is probably more toxic than we care to admit, whether or not these companies are in the midst of obvious decline”

In addition, most of our marketing and strategy managers have been trained in fundamentals like the 4 P’s, the 5 C’s, etc by management gurus like Drucker and Kottler.

Andrew Stein recently posted a blog in defense of Kottler and Drucker, in essence claiming that the marketing fundamentals have not changed.

I tend to disagree, and here is why.

An important piece of the why argumentation came my way during the #BIF8 conference, by two storytellers:

  • The first was Tony Hsieh, CEO of Zappos, the shoe company acquired my Amazon last year (one of my other heroes companies)
  • The second was Susan Shuman, CEO of SY Partners, yes the same company that Keith Yamashita from “should I dare to be great?” is working for

I was really blown away by Tony Hsieh, CEO of Zappos (Shoes) acquired last year by Amazon.

Tony was talking about Zappos’ Downtownproject and the slide deck he used was more or less the same as what is on the slideshare here

The story kicks off when Zappos was considering building a new HQ Campus like Google, Apple, Nike, Microsoft etc,

Instead of venturing in yet another megalomaniac luxury campus with everything on-site from shops, restaurants, doctors, and central central incubator garages, he decided to become deep integral part of the city fabric and to create collisions and serendipities. He is investing about 350 million USD in local start-ups, local small businesses,  education, arts, culture, and residential & real estate.

It is an amazing story circling and hovering over what are probably the five or ten or whatever number of C’s of the hyper-connected and learning organizations of this new era:

  • Curated content
  • Community (Culture of openness, Collaboration, Creativity, and optimism)
  • Co-Learning, Co-Working, Co-Creation
  • Collisions (Colliding communities, serendipity, etc)
  • Connections

As in a real roller-coaster, Tony Hsieh took us from one sensation to another:

  • “We are creating a space where innovators, dreamers, doers, and though leaders from around the world can come to share ideas to enrich the community, to inspire us all. Call it a residency program”
  • “We want to make you/us smarter”
  • “Culture is to a company what Community is to a City See”
  • “Vibrant, interesting and community focused”
  • “Short term ROI vs long term ROC Return on Community”
  • “A learning community” aka “A learning organization” aka “An agile community”

And then it suddenly crystalized for me:

“Companies are Movements”

The sort of movements to change the world.

I reached out to one of the books in my library; very recent one about change management.

Or should I say transformation management?

The book is by Jurgen Appelo and is titled How to Change the World: Change Management 3.0 where he proposed four dimensions for change:

  • Dance with the system: Plan, do, check, act
  • Mind the people: Ability, Knowledge, Desire, Awareness, Reinforcement
  • Stimulate the network (instigators, early adopters, early majority, late majority, laggards)
  • Change/Transform the environment: Information, Identity, incentives, infrastructure, institutions

It’s all about being part of the system you are trying to change. But change or incremental innovation is not good enough anymore in this fast moving world. The keyword is “transformation”: bringing into a new state where there is no option back, a risk to fall back into the old toxic habits. It is about a humanization of our organizations; a transformation at deep people level.

This is where my other #BIF8 hero comes in: Susan Shuman @susansyp, CEO of SY Partners.

She did not talk about the executives and the middle managers.

She talked about

the forgotten middle

the people who actually do the work in companies.

Some participants to the conference found she was too much in pitching mode, pitching her company. That may be true, but the story of what her company does is a very strong one.

I love the tagline “we help companies design their future”. This is a transformation story of Seeing, Believing, Thinking and Acting in meaningful and impactful new ways:

  • See = Fore-sighting, seeing the options vs constraining the options
  • Believe = deep sense of what is possible
  • Think = new solutions, prototyping, fail fast and wisely
  • Act = liberated in pursuing value driven opportunities

It’s about transformation management (not “change” management). It’s about a new way for creating strategy, grounded in complexity thinking and opening the options versus closing them, seeing through the lens of possibility not the lens of constraints, making visible and enabling options for collaboration.

The sort of collaboration and learning experiences that enable greatness, viral change from the top and from deep in the company fabric. It enables a modern way to look at strategy, an emergent strategy, where we not only look at short term revenue streams, but also for new capabilities and strengths. A different way of content curation, facilitation and design, leading to new collisions of expertise, and long lasting transformations.

The sort of collaboration that exists in great team where “duo’s” or “triads” of highly complementary people create greatness. Teams don’t just happen.

Teams are designed

You have to design for team magic

That’s also why moving around “human resources” from one team to another does not move around the greatness with it.

It’s about a new set of tools to let teams perform at their very best, a network of individuals dedicated to each other’s success, a tribe of humans that envision, believe in, and fight for greatness. It’s about a new practice for value creation.

It is not a coincidence that Innotribe’s updated mission statement includes a couple of these key components for the modern organization: To enable collaborative innovation for the financial industry and create new value for the people it serves

Companies are movements

Movements for greatness

Innotribe enables those movements and transformations.

Bank(s) As A Platform

I am just coming out of 3 fantastic and super-intense days with the team that is working on the prototype for the Digital Asset Grid (DAG). The DAG is a SWIFT Innotribe’s incubation project; we are really in research mode. Acting as a catalyzer, putting a big bold vision on the radar-screen of our community. Our plan is to show the results of our work during the upcoming Sibos in Osaka. Our session is planned on 31 October 2012 at 4pm in Conference Room 3.

Just last week, there were a couple of really interesting articles in press about the Digital Asset Grid project:

Click on image to launch video

At the end of the video, Marc says:

“If you can give the consumer more control over day-to-day commerce and greater privacy, that would be a reason to actually like your bank, rather than being resigned to deal with your bank”

So it looks like the huge opportunity is in the apps. True, but there is more.

And that only became apparent last week when we were together with the FULL team:

  • We took stock of the draft presentations, demo-scripts and video material that we will be showcasing in Osaka
  • We had some great and very intense interactions with customers, management and staff
  • We completed the last bits of the video, and we taped the last video interviews that will lead to a mini documentary on the topic
  • We articulated the key messages to be used on our communications plan leading up to Sibos

But last but not least, we created a platform of intensity where ideas could flow freely, leading to the most formidable insights.

One of those insights came during the playful key-messages-exercise, where we nailed down our key concepts by imagining what would be printed on the imaginary “product box” of the Digital Asset Grid (thanks to Martine Deweirdt of the Innotribe team to facilitate this exercise).

It was the moment where the word “platform” was deeply debated.

Is “platform” like Windows (or for the sake of the argument any PC-era operating system), or did we mean something else?

The owner of the platform really owns 90% of the market. Not only the OS market but also the ecosystem of applications and application developers that create a business on top of the platform.

The platform that is most loved by developers and that gives most value for the business decision makers/owners of the application companies ultimately wins. But we have evolved quite a bit since the early PC days.

  • In the PC-era, we had really one dominant Operating System. But it was a siloed OS.
  • In the SmartPhone Era, Steve Jobs and Apple reinvented the space and created the Application Store, a disruptive channel for apps. But still built on top of a highly closed and proprietary OS and ecosystem
  • More or less same happens with clouds. They become more and more proprietary. iCloud, DropBox, G-Drive, Skydrive, etc All living in their own silo. All these examples are very consumer oriented, but usually B2B follows the slipstream of retail customer, and it can be expected the same happens with B2B cloud offerings.
  • Add to this mess the blurring lines and confusions between all sorts of clouds: private clouds, public clouds, hybrid clouds, community clouds, personal clouds, device clouds, etc, etc

In the end, every entity (people, business, device, program, etc) will have its own cloud and its own APIs

  • What has to come next in this evolution is an interoperability of clouds, a layer of almost Kernel level services, protocols and standards that let the Cambrian Explosion of Everything share data in real time, securely and with the appropriate governance and trust per interest-domain.
  • This is the bottom-layer in the diagram above
  • This is what the infrastructure-layer of the DAG is trying to address. We base ourselves on open standards XDI/XRI which are going through their approval process at OASIS.

Phil Windley described the vision of the Personal Cloud Operating system in his blog “The Layers and Components in a Cloud OS

Image courtesy Phil Windley

So far, we are thinking about companies (banks) hosting apps that run on top of this Customer Cloud Operating System. I use the more generic term “customer” in stead of “personal” Cloud Operation System, as the “customer” can be both the person, a corporate, or even a device or program.

In all our discussions, we have been so tempted to say that the value is in the apps (upper layer of this diagram). Whether that is in providing those apps as service providers (the bank as a data service provider), or as a consumer of data-services (in that case the bank acts as a “vendor” of financial services, trying to leverage the information from the direct channel with the customer (whether that customer is a retail or wholesale customer)

But that’s “only” the temptation.

The Holy Grail

is to be able to position your company

as the “platform”

on which others can build apps and create value.

Like Amazon (not the bookshop but Amazon Web Services). To make yourself so indispensable as a platform, that even your competitors start building on top of your company platform.

And suddenly the “gem” was there:

Bank(s)-as-a-platform

It is apparently a new meme (I Googled it, and did not get any hits ;-), and so I trademarked it 😉

Update: the meme “Bank as a Platform” is not new. Nicolas Debock (@ndebock) kindly pointed out to me that:

Anyway, “Bank(s) as a Platform” is what the DAG really enables. A new interoperability layer for people-, business- and device-clouds, creating a value and reputation system leveraging the existing KYC and digital slipstream information of customers with full respect of privacy and empowerment.

The real question is whether banks will see and grab this enormous opportunity, or whether they will satisfy themselves with copycats of outworn 20th century business models, and narrow down a great vision into adjacent banality.

Maybe we all can get inspired by two of my heroes:

Jeff Bezos (Founder and CEO of Amazon) said last week in an interview with @triciad in All Things Digital

“we don’t ask why do this, we ask why NOT do this?”

Click on image to launch video

And Buckminster Fuller said:

“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.”

and

“There is nothing in a caterpillar that tells you its going to be a butterfly”.

The opportunity for banks is indeed to position themselves as data-platforms for value creation by a formidable ecosystem of third parties, so that every customer – from the Bottom of the Pyramid to the Top of the Pyramid and every customer in between – appreciates their bank as their own private wealth manager.

“Wealth” not necessarily exclusively expressed as “Money”, but as a richer an broader concept including social data capital for financial inclusion, reputation, trust, ethics, and integrity. Roger Hamilton nailed it when he said “Wealth is what you have left when you have lost all your money” 

This sort of wealth is enabling empowered customers with agency. The origin of the word “bank” was “bench”, a place where two people meet and create a relationship.

The deep meaning behind the DAG beyond its technical innovation is that it creates Relationship-as-a-Service (a term coined and trademarked by Respect Network). The realisation of this Relationship Economy will change the love/hate relationship with banks:  instead of being criticised for their past behaviorthey can be loved like the Googles, Amazons, and other great platform companies of this era.

Corporate Rebels Manifesto

Since my initial post “Corporate Rebels United – the start of a corporate spring?” of 17 March 2012, and the subsequent “A New Global Practice for Value Creation”, the core team has been working on fine-tuning  our mission.

UPDATE: we are now also present on other social media channels:

I am very grateful to the whole team for getting us where we are today, and especially for initial instigators Laura Merling and Mike Maney, and our advisors/mentors Nilofer Merchant, John Hagel, Mark Bonchek, and Dave Gray.

A special word of thanks to Dave Gray (author of the just released “The Connected Company”), who inspired us with his concept of “Pods”:  independent self-organizing cells who act autonomously but in context of shared platform of common, core, connected principles. Dave was also the person who landed the first version of this manifesto, based on previous culture-hacking work by the core group.

Mathias Vestergaard is the first Corporate Rebel from the core group starting the a Corporate Rebels Pod in New-York City. Who’s next?

Some of us will be present at the CultureCon2012 (co-organized by fellow rebel Dan Mezick and author of “The Culture Game”) and at BIF-8, the fantastic story tellers event by Saul Kaplan and team. Let’s continue the conversation there or online.

The release of this Corporate Rebels Manifesto coincides magically by the release of “The Labor Day Manifesto Of the Passionate Creative Worker” by John Hagel, mentor and my source of inspiration for many years, who writes:

We celebrate the passionate and dedicated individuals in all fields who have both led us to where we are now, and are creating and shaping the future. They are explorers, pushing back the limits of our current understanding. They pioneer new ideas, discover new truths, and tirelessly innovate. They actively seek out new challenges and connect broadly with others to solve them. Though they come from every occupation and background, they are unified by the sincere belief that they can leave the world a better place than they found it

So, without further due, here is our/your Corporate Rebels Manifesto:

+++ start manifesto

What is the problem?

Our companies no longer serve our needs. They cannot keep pace with a high-velocity, hyper-connected world. They no longer can do what we need them to do. Change is required.

What is the vision?

We love our companies and want them to succeed. We want to reboot our corporate and organizational culture to install a 21st century, digitally native version, to accelerate positive viral change from deep within the fabric of our organizations, and to reclaim our passion for work.

What is Corporate Rebels United?

We are building a global network of change catalysts that act from deep personal awareness and presence, and an irresistible enthusiasm. Our actions will lead to new product and services and new global practices for value creation, agility and velocity. We are architects and scouts into the future, and we want to guide our organizations in navigating a safe path from now to then.

Relentlessly

Challenging the status quo

Breaking the rules

Saying the unsaid

Spreading the innovation virus

Seeding tribal energy

With no fear

With a cause to do good

Leading by being from our true selves

Going after the un-named quality

Relentlessly

We are holding a space.

We are making and holding a space where everybody can have a voice in service of value creation. The DNA of our movement is a platform of core principles that are the basis for us to connect, to practice, to embrace, and to inspire other to dream and make our dreams come true.

How do we define success?

When we have a community of 10,000 pods worldwide, with a good distribution across industries and regions. When we feel whole at work. When the DNA is established, when the pods start to divide, enabled by the lightweight space we are holding. Holding a space is a about context; the job is done when the space is holding itself, when people start saying: “I suddenly feel free to be awesome.” When our practice gets the same attention in annual reports as efficiency practices such as Lean and SixSigma.

Help us articulate the principles.

We are now defining the DNA: A platform of common principles that define who we are and what we stand for. We could use your help.

  • Principle-1: We love our companies and want them to succeed in this high-velocity, hyper-connected world.
  • Principle-2: We dare to be great.
  • Principle-3: We have the mandate to be brave and to challenge the status quo.
  • Principle-4: We will reboot our corporate and organizational culture to install a 21st century, digitally native version.
  • Principle-5: We accelerate positive viral change from deep within the fabric of our organizations.
  • Principle-6: We enable and empower the rest of our organizations to move at rapid pace, but with room for patience and reflection.
  • Principle-7: We unleash the enormous potential that lies within every human being within our organizations.
  • Principle-8: We re-ignite the passion in our organizations.
  • Principle-9: We are not just talkers, but doers.
  • Principle-10: We are building a global network of change catalysts that act from their true selves.
  • Principle-11: Our actions lead to new product and services and new global practices for value creation, agility and velocity.
  • Principle-12: Our community acts from deep personal awareness and presence, and an irresistible enthusiasm opening up old rusty structured.
  • Principle-13: We are architects and scouts into the future,
  • Principle-14: and we want to guide our organizations in navigating a safe path from now to then.
  • Principle-15: We are very well intentioned individuals.
  • Principle-16: We are united people with shared purpose, starting with our own being.
  • Principle-17: We maintain integrity and relevance..
  • Principle-18: We keep our community a safe environment, where you can become who you want to become. Where you are not alone in being a catalyst.
  • Principle-19: Our core values are integrity, clarity of reason, brightness and great positive energy.
  • Principle-20: Reflection, reporting back and adding-on to each others input and opinions is our natural way of collecting and discussing opinions.

Join us.

Start a pod. Organize yourself. Decide on your own activities, your own resources, and your own relationships. And link them back to the mothership, the DNA platform of common, core, connected principles.

+++ end manifesto

If this Manifesto speaks to you, we ask that you become a “signatory” by indicating your support in the comment section below.  We’ll add you to the growing list of Corporate Rebels. And we’re in the process of creating an online holding space for our common principles and convictions. Stay tuned.

Cambrian Explosion of Everything

“The Cambrian explosion was the relatively rapid appearance of most major animal life forms, accompanied by major diversification of organisms. Before, most organisms were simple, composed of individual cells occasionally organised into colonies. Over the following 70 or 80 million years the rate of evolution accelerated by an order of magnitude and the diversity of life began to resemble that of today.” (Adapted from Wikipedia )

I believe we are witnessing a similar “Cambrian Explosion of everything” in the information technology evolution of the recent years, and we see a relatively rapid appearance of new “life” forms, new building blocks for the way we do business in this hyper-connected economy.

This thought came into my mind when attending recently the Cloud Identity Summit in Vail, Colorado 16-19 July 2012.

Explosion of API’s

During the pre-conference workshops, I had already seen the explosion of a whole set of new authentication methods and digital identity concepts like SAML, OAuth 2.0, OpenID Connect, OIX, Facebook Connect, Google’s Accountholder.com initiative, etc, etc

And then came Craig Burton with a presentation announced as “The future of Authentication” but in essence a variation of his epic talk on “Identity and the API economy”. His full prezi presentation is here. (Disclosure: Craig has been advising us on our Digital Asset Grid research project)

  • If this evolution goes on, we’ll have 30K “open” APIs by 2016
  • But most enterprise API’s are not open, they are kept private, and their growth rate is 5 times that of open API’s. They are also referred to as “Dark API’s”, because you don’t see these species in the open.

Craig then showed some staggering stats of open API’s, the so-called “API Billionaires”

If you do the calculation, this means 150,000 API calls per second for Twitter!

Update: apparently most of these stats come from John Musser @johnmusser from The Programmable Web. Credits are made in Craig’s prezi, but not apparent in my post here. Sorry, John !

Craig believes – and I subscribe – that we will see a very fast evolution where

“everyone and everything will have its API”

And every API needs its identity. Leading to the staggering conclusion that we will need to provision more than 1,000 new identities per second.

In enterprise, one of the more accepted federated identity authentication and authorization standards is SAML (Security Assertion Markup Language). Craig created some consternation by stating, “SAML is dead”, because it is not made for the provisioning of this Cambrian explosion of identities. In essence the SAML model does not scale. For this type of scale, manual provisioning does not work anymore, we need high levels of automation, also at the provisioning level.

Explosion of Nodes

In his Cloud Identity Summit presentation, Craig was focusing on the explosion of number of API’s and the identities they will require.

Let me give another dimension, triggered by the research work we are doing on the Digital Asset Grid: when Craig talks about “everyone and everything will get an API”, I’d like to offer the dimension of “entities” aka “nodes in a grid” that need share data with each other. Those entities can be:

  • Humans
  • Group of humans – a good example is a Google “circle”, it’s a group of people without legal entity and therefore no liabilities associated
  • Companies – another type of groups of people – with legal entity and liability. Note that the liability of a non-profit is different from a commercial organization, from a educational institution, etc
  • But now we also add devices to the mix
  • And programs – pieces of software code – that act on our behalf or independently
  • Services and 3rd parties representing the seller, and 4th parties representing the buyer.
  • And personal and corporate clouds, where persons and corporations will keep the data they want to share in context with all the other entities in this grid of nodes.

And all these entities will get an API and will need to get an identity. It is leading to a “Catastrophic Complexity” unless we find a way to govern our communities differently, less manual, and highly automated.

It was very interesting to see that in the closing plenary of the Summit, Bob Blakley – now Global Head of Information Security at Citigroup – introduced the concept of the “Limited Liability Persona” that you could select as your identity to participate in certain data sharing use-cases. I’d like to emphasise he talks “personas” (plural of persona) and not “persons”. For example using your Limited Liability Persona “1” for getting a bank-account, and Persona “2” for your health transactions, etc.

This multiplication in personas will just add to the number of identities to deal with.

Explosion of Data

Big Data, Small Data, Real-Time Data, Fast Data, etc… I guess you are familiar with the buzzwords. I would like to share some insights that go beyond the generalities heard at most conferences.

Have a look at Avinash Kaushik – Digital Marketing Evangelist at Google – in his fascinating talk at Strata 2012 earlier this year. And especially pay attention as from minute 4:00 where he introduces Donald Rumsfeld as one of the “greatest philosophers when it comes to analytics”:

“Reports say that something hasn’t happened are always interesting to me, because as we know, there are the known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns – the ones we don’t know we don’t know”

And then there is this recent Future of Internet PEW report that opens with:

Big Data: Experts say new forms of information analysis are helping us be more nimble and adaptive, but they worry over humans’ capacity to understand and use new tools well

And in the opening para:

We swim in a sea of data … and the sea level is rising rapidly. Tens of millions of connected people, billions of sensors, trillions of transactions now work to create unimaginable amounts of information. An equivalent amount of data is generated by people simply going about their lives, creating what the McKinsey Global Institute calls “digital exhaust”—data given off as a byproduct of other activities such as their Internet browsing and searching or moving around with their smartphone in their pocket.

“The realisation of dynamic and emergent systems as a natural order will cause people to realize the foolishness of trying to game systems to the Nth degree. We will see the rise of more algorithmic thinking among average people, and the application of increasingly sophisticated algorithms to make sense of large-scale financial, environmental, epidemiological, and other forms of data. Innovations will be lauded as long as they register a blip in the range of large-scale emergent phenomena.”

Explosion of Time

This leads me into one of the coolest presentations I have seen on big data, high frequency trading and the new algorithmic ecosystem by Sean Gourley from Quid.com at TEDxNewWallStreet

Especially watch the section as from minute 9:00 or so, where he lets us discover how machines are doing business in matter of nanoseconds: a world of machines where black-swans almost become the norm!

It is not so much that more time is created, but more some form or time “implosion”, where things happen in milli- and nano-seconds timeframes, an outer-space alien to human beings.

Btw: Sean Gourley will be with us at Innotribe@Sibos Osaka 2012 in the session about The Future of Big and Small Data

Explosion of Mobile

Also repeated over and over again at Cloud Identity Summit by different speakers. Whereas many of the suggested solutions consisted of some form of “identity bridges” or translators if you want, I start to believe we come at a point where also here the existing metaphors and techniques are not adapted to the new paradigm of super-scale.

I have seen so many statistics and data that mobile is big, I prefer to refer to the mother of all internet trends, Mary Meeker who moved last year from Morgan Stanley to Kleiner Perkins Caufield Beyers with her May 2012 update on Internet trends.

As from slide #29, she introduces  the “Re-Imagination of nearly everything”

And closes her presentation with

“This cycle of tech disruption

is materially faster & broader

then prior cycles…”

Explosion of Decentralization

With some delay, I found some time this week to watch Don Tapscott’s talk at  TEDGlobal 2012 where he gets into “the interest of the collective”

Tapscott points out that this is “Not an Information Age, but an Age of Networked Intelligence

And Don Tapscott nails it when he summarised the 4 principles for the open world:

  • Collaboration
  • Transparency
  • Sharing
  • Empowerment

The meta-story underpinning all this, is probably well reflected in the recent essay “The Democratization of Globalization” by Parag Khanna: We are not only moving into the age of Networked Intelligence, but we are also moving into Globalization 5.0 that is characterized by a high level of fragmentation and decentralization.

“Call it Globalization 5.0, the most decentralized form of the phenomenon in history. If succeeding in Globalization 5.0 comes down to exhibiting a single trait, it would be resilience—a decentralized, node-to-node way of doing business, where hundreds or thousands of points of interconnection form a giant web of commerce, information and social good. Those who can demonstrate resilience will adapt and thrive. Those who cling to the old, centralised paradigm do so at their own risk”

I am deeply convinced that the “Cambrian Explosion of Everything” is leading us very fast in a highly fragmented world of heterogeneous entities that are sharing and analysing data at warp speed.

It’s a new world

that will soon require new levels of

governance, security, identity

and community or commons management

Who could be the neutral trusted organisation for the financial industry to deliver us that resilience and trust for the next superfast and hyper-connected data-age?

97% owned: Democratizing the money supply

Tomorrow is May 1st, 2012: International Worker’s Day.

And unless you have been living in a cage or other planet, tomorrow is also the day where the Occupy movement is organizing a general strike action across the 125 cities in the USA.

This is organized by the 99%. In the UK however, the “97% Owned” investigates behind the scenes of the ever changing financial system, to uncover how the monetary system provides the foundations for international dominance and national control. Fresh thinking, new ideas and answers to simple questions are squeezed into this 2hr 10minute expose.

Due for release May 1st it features frank interviews and comments from Positive Money, The New Economics Foundation, PRIME, Paul Moore HBOS Whistle Blower, Simon Dixon of Bank to the Future and Nick Dearden from Jubliee Debt Campaign.

97% owned is from the creative team behind Generation OS13: The New Culture of resistance, continuing the distinctive ‘tour de force’ style and artistic interpretation.

Not that i subscribe everything that is said in this video – but i want you to sense the intensity and aggressivity of this movement. It reminds me a lot of what happened in 1977 with the punk movement, or the Flower Power 60’ies, but these were softer more “Peace no War”. This is getting much more confrontational. Check also the comments, as clearly not everybody agrees with the content, the quite tendentious language and music.

Also check-out Simon Dixon (@SimonDixonTwitt), CEO of BankoftheFuture.com, starting off his TEDx talk with some musings on leadership:

“figuring out what you were brought on this earth to do, and then do it”

This resonates strongly in me, see also my latest posts, many of them related to my reflections on what i was meant to be in this world.

Simon explains:

  • Why we need to change the rules of banking
  • What will happen if we don’t change the rules of banking
  • How we can change the rules of banking
His thinking about value is very close to Art Brock‘s ideas on the Living Ecosystem of Wealth (check out www.metacurrency.org). In Art’s model, it’s becoming crystal clear that the majority of investments are purely speculative in nature, and don’t return any value back into the economic system.
Simon is doing a call for:
  • equality
  • sustainability
  • stability
At the end, he also talks on how to change the rules, in essence by training and planting change agents virally in all financial institutions. Sounds familiar to our Corporate Rebels approach where we’d like “to ensure that true change happens virally”, although we are not targeting any specific industry.
Starts crystalizing for me that what Corporate Rebels needs to change is to make our organizations more agile, more fit, more vital, more resilient in creating value rather than extracting value. Now i know why i once read Cradle to Cradle by William A. McDonough (Amazon Affiliates Link) why once again it’s an architect who inspires me. Because it and i was meant to be.

Simon Dixon will launch his own initiative “Banks To The Future” in 30 days or so, as an alternative to bring money to the business without venture capitalists and banks involved.

Another example of “First they ignore you, then they laugh at you, then they fight you, then you win” (Mahatma Ghandi), our theme for last week’s Innotribe in Bangkok.

Simon Dixon looks to me a as good candidate for #innotribe #sibos for the session on “Future of Money”, don’t you think so ? And maybe we should be re-baptise that session into “Future of Value” ?

Exploring the Limits

I am restless these days. Exploring my limits, physically and mentally, and calibrating and navigating what I was meant to be: an architect, painter, scripter, dramaturge, producer?

I am so hungry to create those true memorable experiences, with artistic, architectural, and ethical rightness and integrity. Experiences those feel right from the very first second to the very last. Produced and executed with a crew of super professionals

Experiences that matter, those touch and move you.

Experiences that give you the same sort of “bang” as when you arrive in Bangkok airport, and get amazed by the post-industrial architecture, in all it’s grandeur and massivity.

The sort of “awe” when discovering Bucky, or the mindset of Jeffrey Katzenberg,Co-founder and CEO of DreamWorks Animation SKG here below in interview with David Kirkpatrick of Techonomy.

The sort of “yes” when seeing the Blue Man Group. But a Blue Man Group with a message, and not only one-way, but where also the audience has to participate to realize the full potential and learning of the production.

The sort of “love” and being “moved” when seeing/hearing Mark Pesce analyzing and synthesizing, and story telling with an eruditeness seldom witnessed before, with us at Innotribe Bangkok last week.

Be in company of these sources of inspiration, or at least breath the same air (spotify link)

Sometimes all I need is the air that I breathe and to love you
All I need is the air that I breathe yes to love you
All I need is the air that I breathe

When as an audience you know, just know, that this production is so right I, in the sense of “exact”, “spot-on”.

When as a producer, behind the scenes and behind the technical desk, you can feel the shiver down the spine as the rumble of the deep bass rolls-in and when the show begins, and the mystic of the lights, the mystery of the colors, the artists, the perfect technology, the professional crew are all coming together in an amazing whirlwind.

A production that feels more like a good book, where you have to invest in the beginning, where you discover new stuff, not the same old re-mashed hyped stereotypes, tricks and banalities.

Like a great film where the plot unfolds, and magic and surprise come together.

With deep immersive learning experiences, and drama, lots of drama, even in the sense of theatrical overacting. It’s creating a meta-story, a story of stories and adding performance to it. A new class of story telling, of immersive learning experience.

With authentic, inspiring mastery on stage, orchestrated and mashed-up into a brand new value play artistry, adding facilitation and superior crowd control to the mix. Aah! How I love the “stage” with it’s smell of wood, nails, pain, curtains, mechanics, flight-cases, racks, amps, cables, light and sound towers.

The whole discussion of hyper-connected companies during our Innotribe event in Bangkok, and especially the story of Uber taxi, made me reflect deeply on the role of the old taxi company as a dispatching service.

A dispatching role that was in essence the friction in the system, and becoming completely obsolete when the nodes (in this case taxi drivers and their customers) started talking to each other via API’s (in this was built into iPhone apps).

This friction (less)-rule not only applies to organizations and functions but also to people and events.

The master of ceremony (MOC) role has to become much more than just announcing and introducing speakers. If the MOC role stays limited to that, the MOC becomes a friction in itself that needs to be removed. The MOC has to become a “master of connections”, bringing additional content-value, interpretation and guidance to the mix.

In the case of events, we have to start looking at them as a way to bring the consumers and providers of our immersive learning experiences in direct P2P contact through API’s aka “emotional synapses” of the speakers/ignitors.

Some folks out there claim that we are pushing the envelope of performance too far, and should fold back to simpler formats closer to TED, or that our banking audiences and cultures are not ready for this. I deeply disagree. I believe that what we set out as a performance design in Bangkok is just the beginning, the middle of a spectrum between minimum and maximum.

It is of course easier, less complex, where you just program some cool people and surf on the success waves of others, never creating something yourself. But when an event becomes a happening with no file-rouge, no overall theme, without gluing metaphor and design, and without deep reflection about the overall energy and thematic rhythms, then we end-up merely with a set of sequentially ordered speakers, at best a mash-up of speakers, MOC, and facilitation tricks picked from the routine shelf, where the colors and scribes are just lipstick on a pig, a weak copy of the original.

It’s like cheating your audience. Because you know you can do so much better. Not giving the best of yourself is a cheating your audience, whether that audience is your beloved one, your family, your team, your company, and your world.

Easy is easy. Easy smells laziness. What we – at least me – are trying to do with events is not about producing a soap, or the n-th well produced game-program for points or money on television. Although I can be seduced by a well executed professional television production like “The Voice”.

I don’t want to go “easy”, that’s not where I set my bar. When “going back to basics, to easy” starts showing its ugly head, it’s time for us not to be complacent and run on routine, but to re-invent ourselves. We have to re-invent ourselves when we think we have explored the limits.

I am looking for the French quality of “profondeur” which I find richer than “depth”. That is where I want to go.

Sometimes, it looks like the ecosystem I live in today is not ready for this ambition and experiences. Sometimes, my current fishbowl is not ready to follow. I sense it’s a matter of time before we all can see the perspective.

This minor headwind is no reason to give-up or scale-down. I want this “giving-my-best-experience” to happen rather sooner than later. I don’t think I can do more than one production like this per year or even two years if I want to keep the quality of content and production I have in mind.

The choice is between many small touch points, with superficial tricks from the routine box and less events, with a dramatic increase in depth and exploration of new limits. Our edge of yesterday has already become the core. We have to be and remain the Edgewalkers (Amazon Affiliates link)

We have to keep our edge of “Edge-Walkers”, “Protagonists”, “Corporate Rebels”: challengers as described in Art Kleiner’s “The Age of Heretics”.

As Peter Thiel explains in this great New York Times article about establishing a creative monopoly:

Instead of being slightly better than everybody else in a crowded and established field, it’s often more valuable to create a new market and totally dominate it.

The journalist of the article makes some great observations:

Creative people don’t follow the crowds; they seek out the blank spots on the map. Creative people wander through faraway and forgotten traditions and then integrate marginal perspectives back to the mainstream. Instead of being fastest around the tracks everybody knows, creative people move adaptively through wildernesses nobody knows.

We live in a culture that nurtures competitive skills. And they are necessary: discipline, rigor and reliability. But it’s probably a good idea to try to supplement them with the skills of the creative monopolist: alertness, independence and the ability to reclaim forgotten traditions.

Maybe I should disappear for some months or years, to do my ultimate research, find sponsors, leverage the knowledge of the commons, produce and distribute with the best of the best.

I have already decided to invest in myself, healthy mind in healthy body to start with, but also focus on giving the best of myself in everything I do, and yes – with a little dose of arrogance – ignore everybody for the better overall health of myself. Ignore everybody as in Hugh McLeod’s bestseller with the same title (Amazon Affiliates link)

I am restless. Because I feel I am stagnating in my current environment. Limited in my creativity. I want to break free. Unchain my heart. Being able to speak free again. No strings attached. Surprise you and myself. Explode, and be emotional and physical again. Exploring my limits.

Sometimes all I need is the air that I breathe and to love you
All I need is the air that I breathe yes to love you
All I need is the air that I breathe

TEDxNewWallStreet Talk

On March 11, 2012 Bruce Cahan and team organized TEDxNewWallStreet.

TEDxNewWallStreet was designed to explore moving banking into the Information Age.

In 2009, Marc Andreessen remarked “banking is just information science.” Inspired by Marc’s words, Bruce Cahan and the Team set out to organize TEDxNewWallStreet to explore the empowerment of the new reality – a banking system different than the Industrial Age system we inherited.

  • What if Silicon Valley/SanFrancisco/Pacific Northwest or other technology clusters grew New Wall Streets, on quite different terms than exist in New York?
  • How would they spearhead technology in faster, cheaper, more transparent and accountable ways that contrast with the recent (and recurring) issues of the game as defined and played on old Wall Street?

At that event i did a talk titled “FinOlympics”. We are in the Olympic year 2012 after all, right ?

The talk is a consolidation of my latest thinking on innovation. It is an 18 min story about babies as a metaphor for ideas, sandboxes for experimentation and incubation. The babies story is about the process of innovation. The process is complemented by the soul of innovation: the typical characteristics of innovators and disrupters. That section includes the basics of Corporate Rebels United. The inspiration for that section came at the Sandbox conference in Lisbon in January 2012. The Digital Asset Grid (DAG) is a salient example of a SWIFT Innotribe Incubation project. It is one of the more forward looking projects, where we not only look ahead in time, but also ahead in levels of abstraction and disruption. I condensed my latest thinking on DAG in a post titled “The Programmable Me: we are all nodes in the grid”. At the end of this talk, there is a call for creating an experimentation sandbox for Financial Services in Silicon Valley. You can also check-out the my different Prezi’s on each of these topics here. Enjoy!