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!

Greetings that make my day

From time to time I get a mail with encouragements for my work at SWIFT and my work on the edges like “Rebels”. Today was one of those days. This is why I keep doing what i do. Below a letter from an anonymous reader of my blogs and tweets; a nice wrap-up of some of my latest work and efforts. At least it paid off for one person. I reproduced the mail without changing one letter. I just added the links where appropriate.

Peter,

Thanks for sharing your world in the links you provided.

I love what you’ve done with the Innotribe channel on YouTube.  Great style and excellent testimonials.

I like the high energy style and content on your curated page on scoop.it (here and here)

Also looked at the Prezi presentations.  Outstanding.  I particularly liked the digital asset grid and the notion of a spectrum.  I think the digital identity element coupled with a digital asset perspective  is key to the next stage of digital development.  I also like the services model you present at the end — like the perspective of both an enterprise and a customer or individual perspective and call for action on it and suggest some solutions.  I too came to a similar conclusion that the power of identity is key and that it can be viewed as an exchange between the individual and other parties.  Great work, Peter.  I have attached two papers that I wrote with colleagues some time ago that explore what we called pervasive personal identity and a second paper on alternative security viewpoints (atomistic view — which is really an asset view).  Totally agree with your From To perspective on security.

Also very intrigued with notion of SWIFT playing a role in this space.  We need some trusted players in this space that are not simply motivated by big data and commercial interests (e.g. Facebook, Google etc. “Everybody wants to replace me with my data.   Your experience in Belgium also, in my opinion, can provide a leadership role on the global scene.   I would like to see more told about that story.

Love the “Babies” presentation.  Fan of the Diogenes quote. Informative and energizing.

And I would say the soul of innovation is a tour de force.  Uplifting, emotive and a powerful message.  I very much like the juxtapositions of art, science, psych, esthetic, and experience.   Also a fan of B. Fuller.

Bottom line:  Important, inspirational and incisive message(s)…

Thanks for sharing.  Made my day.  You also gave me additional motivation to get on Prezi.

Have a great time and much success in Bangkok and Sydney.

(x) name known

Thank you (x) from deep in my heart. You know who you are. It gives me a boost of energy for next weeks Innotribe in Bangkok.

Innotribe Sydney: 8 May 2012

After our busy Asian week with our Innotribe Start-Up Challenge 2012 in Singapore, and the Innotribe event for Corporates in Bangkok,  SWIFT and Microsoft are bringing Innotribe to Australia for the first time, with a half-day event built around an energizing mix of new perspectives and provocative thoughts.

Through a series of deep conservations ignited by influential thinkers, participants will be able to learn from each others’ opinions, ideas and perspectives.

Innovation in Australia’s financial industry is a hot topic in 2012, with much of the focus on innovation in the payments system itself. But what of the relationship between banks and their customers?

What about the proliferation of connected, aware mobile devices?  What about the rise of trusted social networks and the consumerisation of IT? Are we living in the age of the customer? What does the emergence of a new generation of banks, virtual currencies and digital wallets mean for the future of money? How can we leverage digital identity, your digital footprint and a digital asset grid to empower consumers? How will businesses capture this potential and survive the dramatic business model shifts they will likely experience as this future becomes a reality?

The Age of the Empowered Customer brings together the best and brightest thinkers to ignite those conversations:

  • Marcus Barber, Strategic Futurist and Value Systems Specialist
  • Andrew Davis, Global Head of e-Channels Strategy and Innovation for GTB, HSBC
  • Andrew Rechtman, Director of Product, New Business and Strategy, Paypal Australia
  • Stephen Wilson, Digital Identity Innovator and Thought Leader, Lockstep Technologies
  • Peter Vanderauwera, Innovation Leader, SWIFT

This event is a small-scale event for 30-50 participants max. Invitations are sent out on a one-on-one basis. If you would be interested to attend, please contact contact James.Bibby@microsoft.com or peter.vanderauwera@swift.com

Our tentative agenda looks as follows:

Tuesday 08 May 2012

 

09:00 – 09:15 Arrival and registration
09:15 – 09:30 Welcome
09:30 – 10:30 Innovation provocations Subthemes:  the emerging collapse of paper currencies, levels of disruption and financial services.
10:30 – 11:00 Coffee break
11:00 – 12:00 The empowered customerSubthemes:  Digital Identity, Digital Footprint, Digital Asset Grid
12:00 – 13:00 Future of moneySubthemes: Digital Wallets, Virtual Currencies, New Generations Banks
13:00 – 14:00 Lunch

Innotribe Sydney will be held on 8 May 2012 in the Microsoft offices, 1 Epping Road,  North Ryde NSW 2113, Australia (Sydney). Looking forward to meet some of our Aussie tribe members in real life.

@petervan from the Innotribe team. Cross posted on the Innotribe Blog.

The Programmable Me: we are all nodes in the grid

The last couple of weeks I have been aroused with many ideas and reflections on Personal Digital Assets and on Digital Assets in general.

The journey started some weeks ago with my prezi talk at TEDxNewWallStreet and included my participation to the WEF “tiger team” on Personal Data, where a group of 30 experts are looking at what is needed to make realize the vision of Personal data as a new economic “asset class”. Personal data created by and about people, touching all aspects of society. That group is stitching the pieces together for a framework of business, technical and legal elements that are needed to underpin this vision.

However, the following video from Kynetx was the big aha-moment during my 4-weeks tour on the subject.

I never thought of a Personal Data Store as a “Personal Event Network”.

This changes everything ™

indeed as Phil Windley (@windley), CTO of Kynetx says.

One years ago, there was this beautiful video animation by David Siegel (@pullnews), a great vision of distributed nodes of personal data content talking to each other through API’s.

In the meantime, there is a rich ecosystem of start-ups that are building something very similar as we speak.

Maybe not yet to its fullest grand vision, but definitely going way beyond the traditional concept of a “personal data store”.

Check out leading start-ups such as Personal.com. Btw I dream of one day seeing an integration of Personal.com with an on-line bank. Anybody needing a brokering service here ? 😉

What Kynetx is adding to the mix are three important things:

  • the “event” based thinking
  • the prototol for the data-web
  • Cloud Operating System

Event based thinking:

He really nailed it down for me last time I met him:

  • In the past we had RPC (Remote Procedure Calls), in essence fire and forget
  • Then came request/response: you ask for something, and you get it
  • Now there is the “event-signal”. It does not ask for something, it just says “something’s happened”, and any entity in the network can subscribe to the event and decide itself to do something with it.

Protocol for the data-web:

The other aha-moment was when Phil was doing his talk at the New Digital Economies conference on 27 March 2012.

For those who remember, in the past we had silo-d email systems. AOL, Compuserve, etc. They did not interoperate. We got rid of those silos when there was a standard protocol, allowing competing commercial and open source servers to talk to each other in SMTP.

We now see the same with data, personal data, social graphs. We have data-silos (Facebook, Google, Bank systems, Health systems, Government systems, etc). What we need is a “Data-Server” and a “Protocol” that allows these data servers to be interoperable.

Cloud Operating Systems:

Phil has explained all this beautifully in a series of blogs on www.windley.com and I get very inspired when he makes a call for thinking about personal clouds as “cloud operating systems”

All this, Phil calls “The Live Web” (Amazon Associates link). He is so excited about this that he has written a book about it.

In other words, start thinking about your “Personal Data Locker” become a “Personal Event Cloud”: your personal data-server in the cloud that can talk and do things on your behalf, can make decisions, interpret rules, etc…

And it can talk to any entity, any node in the web (or at least nodes in any discoverable namespace). In real-time. In multiplexing mode (meaning the node can be both a server and a client).

It suddenly dawned to me that over the last years we have been hyping “The Programmable WEB”, and that if we are serious about customer centric identity or “customer centric” or “personal” whatever, we may wish to start with the “me”.

Suddenly it was flashing in my brain: “The  Programmable Me”

“Me” is becoming a node in the grid. We are all nodes in the grid, sending and receiving signals. Like neurons passing an electrical or chemical signal to another cell. And start thinking “synapses” when you talk about the API’s of your Programmable Me.

From Wikipedia:

Synapses are essential to neuronal function: neurons are cells that are specialized to pass signals to individual target cells, and synapses are the means by which they do so”

The APIs of your “Programmable Me”, of your Personal Event Cloud are indeed the means to make all these nodes interoperable.

Add to this the graph-thinking of Drummond Reed (@drummondreed), Co-Chair of the XDI/XRI Technical Committee of OASIS. Check-out http://wiki.oasis-open.org/xdi/XdiGraphModel and more specifically some of the Powerpoints out there:

Each circle in this drawing represents a node in the grid. I really encourage you to look at this as a graph – this ensemble of inter-connected nodes – as something 3-dimensional, possibly multi-dimensional.

We have all been trained to think hierarchical. Flat files with a root, that sort of thing.

We have to learn to think in graph-models.

You can start anywhere in the galaxy. Every point can be the center of the universe. There is no root. At least, not in absolute terms. Yes, in relative terms with respect to the other nodes in the universe…

A grand vision starts to develop when you realize that the nodes can be any type of entities:

  • Humans (or their agents)
  • Circles (like Google Circles) of humans (entities without legal form)
  • Corporations, non-profits, governmental or educational institution (aka organizational constructs of humans with specific legal form)
  • We should also include less traditional forms of organizational constructs such as co-operatives, P2P communities, Commons,…
  • Programs (yes, software code), that perform tasks on behalf of the entities above or that operates as fully independent entities.

Each of these nodes/entities can participate in transactions – or better, “value dances”. “Dance” because the protocol is multiplexing, not one-way request-response.

Of course all these entities will require identity, in the broadest sense, not only URI or ID number, but in the sense of a spectrum, a graph that can be shared in context with other nodes/entities.

Sharing the spectrum becomes the essence of trade

What we are witnessing is a 180° turn in the power balance between client and server, slave and master, buyer and supplier, consumer and merchant.

All entities are equal.

We are all equal

Doc Searls (@dsearls) has written a book about it. The Intention Economy. (Amazon Associates Link)

But look at the subtitle: “When Customers Take Charge”.

I like Doc a lot, but his subtitle may suggest that somebody else is in charge: the empowered customer. I am afraid that we may end-up with another un-balance, where the pendulum has swung the other side: where the customer has an unfair data-advantage versus the merchant. But let their be no doubt that today the merchant has the unfair data-advantage, and I read Doc’s book more like a plea for getting the balance right rather than a socialist rant against establishment represented by the “big boys”, the vendors, the merchants, the silos like Facebook and Google.

In all the discussions about the Empowered Customers, we see classic commerce use cases like buying a book, buying flowers for grandma, etc

But I would like to make the jump to truly balanced financial transactions and what “dances between equals” would mean in that space. I invite you to think about your bank as the merchant, the merchant of financial services, and the consumer as the retail or wholesale customer of the bank.

In such scenario, the fundamental shift in thinking already happens at the Point of Sale (POS). We even have the question the term “Point of Sale”. It stems from an old thinking where the merchant “owns” the customer.

YOU are the point of sale

YOU are the point of data integration!

In the past the POS was the master,

now it will be YOU who is in charge,

or your agent,

the “Programmable Me”.

What if we start thinking about banking where YOU are the point of data-integration? What if your bank would offer you a service that enables you to manage your Personal Event Cloud?

I don’t know how it would look like, but it probably would be something triggered from your mobile phone. It probably would look like one of the Next-Gen banks (Simple, Movenbank, Fidor) with a Personal Event Network out-of-the-box.

Some of these Next-Gen banks are already accepting the CRED of your Social Graph as a much richer (in all senses of the word) basis for “Know you Customer”. Although we probably also have to inverse that: from the captive notion of “know your customer” to the user-centric meaning of “know your bank”. Then we may come back to the “primitive” of the meaning of “bank”: a bench where two people meet to build a relationship of value.

So, the discussion is NOT about the next coolest thing for doing a copy-cat of existing money-transactions through the latest greatest gadget like NFC or Bump, or whatever.

Some of all this already permeates in a recent Techcrunch article suggesting the “NFC is already out-moded”

“The thing to keep in mind here” says Crone, “is that NFC was developed more than 20 years ago. It was first deployed 10 years ago. 10 years ago, we didn’t have ubiquitous access to data plans. We didn’t have more smartphones in circulation than feature phones and we had to depend on an ‘offline’ connection for processing payments. But now, there are 124 million households that have more than one device connected to the internet. Typically, that’s a smartphone, but very quickly it’s becoming a tablet.”

Also Christopher Carfi (@ccarfi) starts thinking in this direction in his recent post “Musings in Small Data”.  In there, he refers to a video of Jerry Michalski (@jerrymichalski) of the REXpedition doing a demo his “Personal Brain”. (Disclosure: I am member of the REXpedition). The video is titled “Gardening My Brain” and the talk was given at Personal Digital Archiving on February 22, 2012 in San Francisco.

It’s a pity that this talk is in the context of a personal digital archiving conference. Because, in my opinion, we have dramatically evolved from archiving to sharing.

Sharing of information and digital assets is becoming the new normal in this world of Abundance of information.

Christopher Carfi nails it when he says:

As these issues become more widely understood, more individuals will be tracking their own information. Perhaps it won’t be to the level that Jerry has done it in the video above, but it will be happening. This means that we, while wearing our business hats, will need to be developing real relationships with our customers. We need to listen to what they are saying, what they are asking for, and working collaboratively with them in order to help them fulfill their needs. In the best cases, we’ll have built up levels of trust with our customers and will have been given the explicit permission to access our customers’ personal data stores. In doing so, we’ll be able to actually take the guesswork out of the equation that was noted so clearly above in the Facebook example and will, instead, be able to connect directly with our customers’ intentions and deliver value on their terms.

Creating an economy based on the principles of relations is of course at the heart of the REXpedition. It is probably the next territory for competitive advantage beyond the mundane money transaction.

All this is about creating “Relationship Channels”, channels the vendor can tune into of the user has opened the channel.

All the above are of course very much related to our Innotribe incubation project “Digital Asset Grid” (DAG), which is about the sharing of any digital asset with any party.

All of the above is also very relevant to Mark Pesce’s (@mpesce) thinking about “hypereconomics”, described in one of my previous posts “The future rarely arrives when planned”.

The real question is then: “Where will value be created when all the connections between nodes have become frictionless?” Mark has some ideas on this, and he describes them as “irreducibles

No matter how ‘smooth’ and frictionless hyperconnected commerce becomes, certain frictions in the business world will persist.  These represent both speed humps and opportunities.  The businesses of the 21st century will find leverage and differentiation by identifying and exploiting them.”

What those “irreducibles” are, you will be able to discover at our upcoming Innotribe event in Bangkok on 26-27 April 2012, where together with Mark Pesce we will have some great interactive learning experiences. Be there, or read the report that we will make on this post-conference.

If you really want to take a meta-view on all this, I believe all the examples above illustrate our species being in search for a deeper meaning, a thicker value in everything we experience:

  • We are in search for a higher level of consciousness, a further evolution in Spiral Dynamics, in search for a richer value system, much richer than the pure transaction world that is the narrow lens of today
  • We start looking at companies being nodes in the grid, in fair-trade constellations of equals, trying to maximize the commons and contribution and giving back to society
  • We want to go beyond the “advertising” thinking of “let’s hit the target with an ad”. We are in search for a better world with more Thick value and less Thin value
  • We are starting to see the emergence of “The universe as a Computer” as wonderfully described by Nova Spivack (@novaspivack) in one of his milestone posts last month.

All the above is about defining, articulating, and living lives of greater meaning. With the “M” of meaning. Umair Hague (@umairh) already in 2009 called this “Generation-M”, which in essence is anchored in “constructive capitalism”

Generation M is more about what you do and who you are than when you were born. So the question is this: do you still belong to the 20th century – or the 21st?

I would like to close with a reference to The Wellbeing Revolution (Amazon Associates Link) by James McWhinney (@JamesMcWhinney).

What I liked about this book is that it encourages you to look at where you are in your life, and to look at it through the “M” lens. The lens of meaning.

I then discover that what I am writing today, what job I am doing, who I am married to, was probably all meant to be this way. Not “meant” in a deterministic way. No, “meant” as everything I have done, the decisions I have made, my architecture studies, my infection by the identity virus, my journey in Leading By Being, etc… all these things have made me who I am.

What if I could capture all this richness about me, and have a tool and an infrastructure to share that on my terms and conditions, in context, and with the parties or nodes in the grid that I choose to? What if I could share my meaning in a programmable way?

I would end up with something called “the programmable me”

By @petervan from the SWIFT Innotribe team.

The Innovator’s Personal Dilemma

We are all – or should be – familiar with Clayton Christensen’s work on The Innovator’s Dilemma, where he articulated the principles of disruptive innovation. It’s a great business book about innovation.

This is a book about “…how market-leading companies have missed game-changing transformations in industry after industry…not because of ‘bad’ management, but because they followed the dictates of ‘good’ management. They listened closely to their customers. They carefully studied market trends. They allocated capital to the innovations that promised the largest returns. And in the process, they missed disruptive innovations that opened up new customers and markets for lower-margin, blockbuster products.”

For innovation to happen in a company, the principles of Christensen’s books are definitely great advice. There are several other innovation business books that are recommended reading. Check out my GoodReads page.

But since a couple of months now, I believe there is something else we need to look into: something else that is the ticking heart of innovation, something about people, about humans, that makes the difference between thin and thick value creation.

I don’t believe anymore in big corporate change programs that are rolled-out top-down in a military drill. Whether those change programs are focused on efficiency (Lean, Six Sigma, …) or on creating new value (Innovation) does not matter for the argument here.

Real change happens from within the organization. Bottom-up. Virally.

What I want to talk about is the other innovator’s dilemma: the human dilemma, the Innovators Personal dilemma.

This personal dilemma post is about joy versus pain, passion versus suffocation, freedom versus slavery, excitement versus illusion. It is part of saying the unsaid. It is a cry for freedom, a cry for unleashing the energy of the hidden pearls in our organizations, a cry for supporting and encouraging those who really want to create positive viral change from within our organizations.

There is so much positive energy in our organizations that we could tap into, but that energy gets blocked by the corporate “machinery”, by best (or worst) practices, by power games, and in some cases by plain sick people or organizations.

With Corporate Rebels United, we gathered a really great cross-industry sample of innovators, instigators and protagonists that work in bigger and smaller organizations worldwide. We came across a number of real-life stories that give a glimpse of what sort of human dramas sometimes happen deep in the fabric of our corporate organizations, and that are a absolute barrier to innovation.

The great advantage of working as a group is that we now can see some patterns cross-industry. They are not specific to one or the other organization. They are universal.  And I want to put them on the table. I want to create awareness.

But most of all, I want to create a soundboard so that we increase our sensitivity and awareness for the symptoms, so that we can prevent human dramas and turn the pain into something positive, an unstoppable wave of change that will transform our corporations from deep within.

Innovation only happens when somebody steps out of the blueprint

And that means taking a risk. That means going for your own beliefs, against the flow, against the current practices of “this is how we do business here”

Ghandi: “First they ignore you, then they ridicule you, then they fight you, then you win”

It takes guts to try to change the corporation. Many people try. They will laugh at you. Many get hurt as well. Sometimes minor scarves. Sometimes it results in deep wounds of self-esteem. I collected some stories to illustration the innovator’s dilemma.

There are some common themes in these stories:

–       I want to jump, but I have a family to feed

–       I am surrounded by sick people

–       The employee as a resource

–       The fear of being punished

–       I want to innovate but my manager does not let me

–       Leading by Being does not get recognized

–       Not good for your career

I want to jump, but I have a family to feed

Some of the reactions to my “The Myth of Innovation Incentives” post made me more aware of the “luxury pedestal” I am preaching from. By being part of an innovation team, I get by definition much more freedom than those who are deep in the trenches. In my personal life, I have reached some level of personal wellbeing and stability. But many of my friends out there are at the beginning of their career.

Here is one reaction I received from Jonathan to our invite to join corporate rebels. Jonathan works in the pharma industry:

I have to say that my current employee is a really, really conservative corporation. Quite frankly speaking, we are in dire need of a lot of corporate rebels – but I strongly believe that joining your “club” would get me into serious trouble – if my boss or our corporate communications department ever found out (and they would never, never ever supply me with any resources in that matter). And since I´m going to be a father for the first time this year, trouble with my employer is something I´d rather avoid if possible.

The personal dilemma: “Stand up for who I am, or give in to the power of the corporation”

My answer is one of empathy. I have been there as well. And I regret not having spoken earlier in my life. I do cannot force a person to jump off the springboard. I can only give a gentle nudge. Encourage you despite everything to go for the unknown. Opting for uncertainty and doing something scary (or not) is a deep innovators dilemma. Because you know: if you are not scared of what you’re doing, it’s probably not innovative enough. It’s not disruptive enough. It’s a deep human dilemma, going back to daring to be great. Daring to live and act from your belly. Liberated from the chains of captivity. Leading by being from your true self.

My answer is also that making the jump does not always have to include dramatic live changing decisions. You can start small. And getting addicted by small doses of adrenaline when you stand for who you are. And then a bit more, and a bit more. Makes me think of “Love is the drug” from Roxy Music.

 

I am surrounded by sick people

I got the following message from Françoise, a 33 year energetic woman, working in an energy utility company:

In our company we have a culture of public humiliation. Mocking publicly about people’s achievements during town hall meetings, that sort of things. For a person who has worked his fingers to the bones, despite all odds, being humiliated publicly was devastating. The way things work in our team is “man eat man”. They put you in an arena, let you fight it out and silently watch. Whoever wins is right. Blame is the name of the game. Everyone dreads that. If you fail, you will be publicly mocked. Whiteboard and town halls are the new place for mocking failures. I remember such treatment in school. For heavens sake, we are adults.  They took me off the project I loved. I was “promoted” to a new project. The new project was boring as hell. I could not motivate myself to do any of the work they assigned. Writing this mail is painful beyond my imagination. They were so manipulative beyond words. The crime they commit has no facts. The torture I have endured has no records.

It makes me think of a recent case in public service in Belgium. A woman working for the city hall in a small village was disturbing because she said the unsaid. She was “promoted” to a new function. Her new office was a dirty back room of a side building. She got a computer, but one without connection. She did not get a phone. She was not allowed to meet people. All this with the excuse that her new job required her to focus. She had the courage to go to court. She won.

The Personal Dilemma: coming up for your rights, or let your company by run by sick people

I have heard many stories like the above from many companies cross-industry. These stories illustrate plain criminal behavior by sick people. There are no excuses for this. That’s why companies have “persons of trust”. Let there be no mistake. Go and find your person of trust and open a case. Whenever you can, put on the table these sorts of practices, so they and the people responsible for them get eradicated from our organizations. To grow healthy plants, you must first sanitize and fertilize the land.

The employee as a resource

Doc Searls (@dsearls) describes the relationship between a vendor and a customer as a Client/Server one (at times trending to slavery) where the customer calf is drinking the cookie milk from the vendor cow.

What he describes in buyer/supplier relationships is equally applicable in employer/employee relationships. The proposed solutions for “getting the cattle human” is by proposing them tools to take control of their own abundant information.

Replace vendors by employers in the slide below:

Extract presentation Doc Searls at New Digital Economies 27 Mar 2012

Whether employees are seen as cattle or just resource also quickly becomes apparent in all sorts of employee surveys and result discussions involving “benchmarks”:

Here is Anthony from a Financial Institution, reporting on one of their latest employee surveys on corporate culture:

The results of the survey indicated that we were doing quite well compared to the rest of the industry. I could not match that outcome with the generalized quantified results that less than 40% of the employees felt engaged. What if “the industry in general” was crap and a standard for mediocrity? What if the expectations of the staff set the bar way higher than the benchmark? What if we benchmarked against the wrong standard? These old surveys do not take into account that the environment has fundamentally changed. Due to abundance of information, social media and P2P communication, the employees have a richer and more precise data set available. We laugh at those “official” benchmark cheering results

The fear for being punished

Something very similar pops up, when companies try to define KPI’s for innovation. Check out this great post from Drew Boyd (@drewboyd)

Measure innovation alternatives, not just the current program.  When assessing the impact of an initiative, always ask, “Compared to what?”  Don’t fall into the trap of measuring only what the company is doing today.  Rather, measure it against the next best alternative.  For example, if you are using a ideation methodology like S.I.T., be sure to measure the effectiveness of using S.I.T. versus another ideation method.  Understand why you are using one method over another by forecasting results from the alternative.  This re-frames the question from “does this method work?” to “does this method work better than this alternative?

and:

Measure novelty, not impact.  Senior leaders want to know the “bottom line” impact of innovation.  When they see ideation results, they respond with, “Yes, but how many of these actually made it into the marketplace, and what revenues were generated?”  This is a trap because so much of the impact is dependent internal and external factors.  Holding employees accountable for impact will cause them to avoid the truly novel and game-changing ideas.  They fear being punished for pushing great ideas that fall outside their category.  To manage this dilemma, managers need to think more in terms of finding the “innovation sweet spot,” that place somewhere between disruptive and incremental.  The right balance between risk and reward is more likely to occur here.

I want to innovate but my manager does not let me

I silently helped without getting any credit. Then I saw your post about Corporate Rebels. I sat there and was thinking, here I am really doing a rebel activity and suffering and no one is paying attention. At that point everything started looking fake to me… Pain is deep and buried. It takes lot of time to vent it all out. My point is, don’t lose me. I am of lot of value to my company because I genuinely care about the company and its people. My friends do too. Some of us get fired for stepping out of the blueprint. Don’t let this happen again and again. Please use your power and contacts with powerful people to do something good and to fight against injustice.

Leading by Being does not get recognized

If Chris is rocking, it is because of the way I nudged him to do it. If Laura is jumping up and down with ideas, it is because she got inspired by what I was doing. I have inspired many souls at our company. Inspiration can only happen if someone is speaking from his or her soul. Inspiration is language of soul. I have earned respect from lot of people at in the company because of who I was. I have the attitude to make people take action. But I got fired. Because real change disturbs and challenges the status quo. My death was so silent. They did not even give me a chance to say good-bye. It is fishy and please don’t let this happen to anyone else.

Not good for your career

And also heard the following so many times: being innovative is hampering your career.

Kathleen just joined a telco company:

In our company we have a Young Grads Program. But when postulating for the innovations positions, we are kindly taken aside, and somebody whispers in my ear “being part of the innovation team is bad for your career as a manager”.

That’s a really bad story. It’s the story that lets you immediately recognize corporations where innovation is just window-dressing. Even the young people, full of healthy innovation energy don’t get a chance. What a disaster if you have joined such a company. Getting suffocated in your ambitions and drive from day one!

Any CEO with her innovation heart in the right place should mandate – yes mandate – that all newcomers and GEN-Y’s first get immersed in the innovation team. What people are allowed to do there is not the worst possible scenario; it is the best possible starting point for doing much-much more, to instigate real and viral and tidal change throughout the company.

Conclusion

All the above are REAL circumstances in REAL companies. Yes, innovation in these circumstances is hard. You have to go against the wind. And find the balance between a good/bad rebels. Sometimes you will be seen as subversive. And to be honest, some healthy dose of subversiveness is needed. Sometimes you need to act like McGyver. Sometimes you need to be Jack Bauer. One company told me they were acting like the “agency of subversions”

But I can’t expect everybody to be on that extreme end. I would already be so happy if with our Corporate Rebels United movement we can unleash the change-energy of every individual in our corporations.

That each of you have the courage to stand up, to come up for your ideas, to start small and make little changes, or to be very hungry and go for the big visible changes. One could refer to introvert and extrovert changes. Both are equally important to make true and viral change happen.

But we can’t have subversion or anarchy. This is not the way we as Corporate Rebels United want to go. We do not want to provoke for provocation sake. And we do not like to be like the Cacaphonists. Nor do we plan to start flash mob activities who share some ideas with Cacophony, as well as groups like Improv Everywhere and movements like Discordianism.

What we want is change

Viral change from within the fabric of our corporations

We want to change our corporations, not by complaining and blame-is-the-name-of-the-game, but by showing the right behavior, by encouraging each other, by uncovering the hidden pearls of our organizations. But for sure as well furiously fighting and making visible injustice, sick or plain criminal behavior.

We want to change, not by focusing on the things that make innovation hard and only looking for self-esteem, but by focusing both on our dreams and on other people in our lives.

We want to change by daring to be great.

In small and big things/actions.

It feels like somebody should start writing the first chapter of the human book for innovation. Maybe that somebody can use some testimonials of this post. Maybe Whitney Johnson (@johnsonwhitney) is the one? She is preparing a book titled “Dare, Dream, Do”.  It’s planned to come out in May 2012. Maybe she addresses the human aspects that are not covered in business books.

Daring to dare is the personal dilemma of corporate innovators

If you feel inspired, join Corporate Rebels United, by leaving an “I join” comment on that or this blog post.

Let’s rock!

The Innovator’s Risk

Here is a mail i received today from a colleague.

I wrote up my idea and since my boss wanted to review it, I sent it to him. But, he is unwilling to look at it saying he is busy. I can send you the rough draft but then will be breaking my trust with him. I wanted to keep you posted just so that you know.I wish people were not so hung up on making success stories for themselves. It really makes idea conception and execution very sluggish.

I made it anonymous.

As there is still the “Innovator’s Risk”.

The difference between theory and practice.

That’s why we need a Corporate Rebels United.

To protect each other. To help each other. To encourage each other. To discover the hidden pearls in our companies.

To fight the barriers that make blossoming of ideas and people impossible.

We want to incubate people not ideas.

Who wants to help me fight these situations ? Who has tips and tricks and strategies to eradicate this from our organizations ? What are best practices to eliminate Innovator’s Risk ?

@petervan from the Innotribe team

“Corporate Rebels United” – the start of a corporate spring?

People call you an instigator, a protagonist, a renegade, a pirate, a mercenary, a rebel, or an empowered employee. We know you for what you really are: a change agent who sees speed, change and innovation as the new corporate norm. We know because we are you. We know the challenges – and the excitement – of driving change in an incumbent or start-up company. We know what it means to go for “The Innovator’s Risk”

We call ourselves “Corporate Rebels United”.

The concept of Corporate Rebels is not new. Many people have written about or have alluded to it:

John Hagel referred to the concept of the “Empowered Employee” in one of his recent Forbes posts.

The key answer that defines the post-digital enterprise is to shift attention from the cost side to the value side. Rather than treating employees as cost items that need to be managed wherever possible, why not view them as assets capable of delivering ever-increasing value to the marketplace? This is a profound shift in focus. For one thing, it moves us from a game of diminishing returns to an opportunity for increasing returns. There is little, if any, limit to the additional value that people can deliver if given the appropriate tools and skill development.

and

The post-digital divide will force them to choose sides – on the side of employee empowerment, or on the side of tactical cost cutting, job cutting, and diminishing returns. If not, the divide will choose for them.

But a Corporate Rebel has something extra. It is about daring to stick out your neck. It is about taking personal leadership.

Nilofer Merchant differentiated between a rebel and a leader

So perhaps we could use a more neutral word: protagonist. A protagonist is a principal champion of a cause or program or action. The protagonist does not wait for permission to lead, innovate, or strategize. They do what is right for the firm, without regard to status. Their goal is to do what’s good for the whole.

Lois Kelly (@loiskelly) from Foghound and Mike Maney (@the_spinmd) from Alcatel-Lucent also discussed recently whether the word “rebel” is not too negative. Mike made some very deep reflections why the hard dividing line between good and bad rebels does not always make sense.

Argument aside, we believe that – positioned well – the word “corporate rebel” exactly reflects who we are.

The aim of “Corporate Rebels United” is to create a global community of extraordinary corporate change agents. It is not an academic exercise or research effort. It’s something deeply actionable.

Our mission is to build the most amazing community of corporate rebels worldwide to ensure that true change and innovation happens virally

The initial idea for Corporate Rebels United emerged when innovation teams of Alcatel-Lucent and Swift met and worked closely in the context of Swift’s Innotribe program. We were excited by the exchange of ideas and energy that emerged when like-minded folks came together. And that got us thinking about some big “what if’s”:

  • What if we could create a tribe of the best and most exceptional corporate rebels worldwide – people like us, people like you?
  • What if we could start leveraging each other’s ideas, energy and best practices?
  • What if we could design a movement to support each other when the going gets tough?
  • What if we could cross-fertilize and infect our organizations with the change-virus from within?

We want to identify exceptional people worldwide that already have an impressive impact on change and innovation in their corporations, no matter in what field or industry. The movers and the shakers. The do-ers of today. The ones who take initiative. Who create deep change from within. People who energize their organizations by leading from their true selves. The crazy ones. The rebels. The troublemakers. The ones who see things differently, and who are crazy enough to think they can change the world. People like you.

Our plan is to start small – 15 founding rebels cross-industry – because we want to ensure quality and resilience in the initial starters group. We’d like to get the spirit right from the start. We have scheduled a kickoff call on March 30, 2012 with 15 founding rebels. We will follow that call with an off-site meeting where we’ll jointly build a set of agreed upon principles and a longer-term action plan to open and expand Corporate Rebels United to a wider audience.

A lot of “getting the spirit right” was already included in one of my latest prezi’s on the “Soul of Innovation”. Without any publicity, this prezi already generated more than 3,000 hits in less than one month. We seem to have touched something that resonates. Some of it was withheld for my TEDxNewWallStreet talk last week in Mountain-View. Innovation is more than a set of tools and processes. Innovation is an attitude with tribal energy!

For viewing this prezi, turn audio “on”, as I experimented a lot with sound and visual landscapes.

Somewhere halfway in that prezi, you will discover the Rebels Manifesto in the Pirates Treasure Map

Rebels Manifesto

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

What exactly Corporate Rebels United will do is the essence of our discussion at our kick-off call and event. Initial ideas include:

  • We want to build an action-driven community.
  • We want to create an incredible energy bomb of corporate change.
  • We aim for a very high level of integrity and authenticity. We want this to be morally, intellectually, and artistically right
  • We want to re-enforce the energy of known rebels in a non-zero sum community.
  • We want to identify and unleash the energy from the hidden rebels and the hidden pearls in our organizations and give them a voice
  • We want to create exchange programs between our corporations
  • We want to have deep positive business impact on the corporations and organizations that host and pay our salaries.
  • We want to create a culture in our corporations where change is the norm.
  • We want to measure the progress and propulsionwe make/create:
    • Individually
    • The folks we influence
    • The corporate change heartbeat
  • We want to evolve our corporations into places of constant change, resilience, responsiveness, reflection and vibrant energy.
  • We want to create a place for play, fun, rock, and rich personal expression

At the start, Corporate Rebels United will be a closed community: we’re looking for atypical people who make us go WOW!

Because they act from their true self and without fear, and make amazing change happen within their organizations and the ecosystems they are part of.

People with a moral, architectural, almost artistic integrity. People with a BIG innovation heart in the right place.

We’re looking for people who inspire us as human beings. With open mind, open heart, and open will.

Like Seth Godin said in his last book (We are all Weird):

“they have to be a bit weird”.

We plan to go full-steam as from our Kick-Off call on 30 March 2012, right after the start of the 2012 spring. Our ambition is to be able to shine and radiate as a strong community with first results by end October – Mid November, not co-incidentally the busy conference season with Innotribe at Sibos, Techonomy, Defrag and Blur.

Like Bill Gates wanted to see a PC on every desktop, and Eric Schmidt wants to see an (Android) mobile in every pocket, we want to see a corporate rebel in every company. That’s a lot of corporate rebels 😉

Of course, I am not Bill Gates, nor Eric Schmidt. But there is still enough room for a normal human being like me to create significant impact. And although I am 55 years old now,  I still want to change the world. And yes – at 55 – I still would like to instigate a Corporate Spring. There is no age for Corporate Rebels.

We jump and want to feel the daily adrenaline of being and coaching Corporate Rebels every day of our life.

As we get started up, get some inspiration on our curated site for Corporate Rebels United on Scoop-it.

If you are interested to join Corporate Rebels United, leave a note and some argumentation on why you’d like to join in the comments section of this blog post. And/or let us know what you can bring to the table to make this a big success.

As the Corporate Rebels United get up-to-speed, they will start blogging on http://corporaterebelsunited.wordpress.com and we will soon open our website at http://www.corporaterebelsunited.com

Let’s 21 March 2012 be the start of our Corporate Spring! Because we believe it matters to infect our organizations with “change-as-the-norm” from the bottom-up!

@petervan of the Innotribe team

Laura Merling (@magicmerl) and Mike Maney (@the_spinmd) from the Alcatel-Lucent team

Brené Brown: to stand in the middle of the arena

It takes about 4:00 minutes before she gets into it, but here is once again a great TED talk by Brené Brown (@brenebrown)

Some highlights:

  • I engineered myself to staying small, staying under the radar screen
  • vulnerability is NOT weakness, it our most accurate measurement of courage
  • vulnerability is the birthplace of innovation, creativity and change are buzzwords
  • it’s about creating something that did not exist before, that takes courage
  • shame is the swamp lane of the soul
  • the myth that powerful folks don’t need checklists
  • TED is the failure conference
  • the credit goes to the man in the arena
  • shame is the gremlin that says “you’re not good enough”
  • shame is a focus on self, guilt is a focus on behavior
  • shame is “i AM bad”, guilt is “i DID something bad”
  • shame is “i AM a mistake”, guilt is “i DID a mistake”
  • people who don’t experience shame are people who have no capacity for connection or empathy
  • shame is different for men and women
  • empathy is the antidode to shame > the two most powerful words when we are in struggle are “me too”
  • secrecy, silence, and judgement make shame grow exponentially
  • don’t wait to stand in the arena, in the middle of the fire, until you are perfect
  • we want you to go in and to dare greatly
In the beginning it’s a bit irritating that she does so much chit-chatting, but after a while i am aware it is a presentation technique to balance more relaxed moments with very introspective moments. A little bit less strong than her first appearance at TED a year ago, bit hey, what do you want: that was a milestone, a top that is very difficult to reach over and over again.
Enjoy

 

Wilson Miner – When We Build

Wilson Minor inspires, explains and amazes. Via Tom LaForge. Awesome presentation from Build2011 conference.

“Interconnectivity” is not about electronics. It’s about how seven billion people are changing how they see the world and live their lives. This is the definition of a macroforce and nothing bigger is happening on the planet right now.

Super presentation design and delivery.  Forty minutes of poetry. Sine parole.

Innotribe Bangkok: Hyper-connecting the captains of industry

Innotribe, the innovation initiative of SWIFT, will be launching its innovation lab for Asian corporates at the forthcoming Asian Banker Summit to be held in Bangkok from 26-27 April, 2012.

(Drawing by Kosta Peric on iPAD)

The lab is designed for executives and managing directors of Asian companies,  to collectively think through their business strategies and organization in a hyper-connected world.  The lab will bring these companies, your clients, together with you to design new strategies and business models for a new generation of customers.

The two day highly interactive workshop will cover the following topics:

  1. The hyper-connected corporation – understanding the soul of a business tuned for the hyper-connected new generation of customers and employees.
  2. “Hyper economics” – following the money in a hyper-connected value chain
  3. “Organizational hyper vitality” – preparing corporate culture for challenges that a hyper-connected world will bring
  4. Idea generation within your own organization
  5. APIs and how they can open up the core competencies of your business
  6. Friction points in the value chain
  7. Digital identity and digital assets
  8. Presentation of ideas
  9. The future of collaboration – figuring out how the value chain of your business will evolve

The programme promises to be highly interactive with great speakers, innovators, motivators, all contributing to provide a thrilling learning experience that will help you understand the instincts required to get the future of your organization right.

Innotribe events are like no conference you’ve ever attended before. No dull presentations, no strict presenters – instead we guide participants through a process of broadening their outlook, thinking differently and emerging with tangible ideas that they can apply to the future success of their business.

Innotribe –a hyper-collaborative learning lab

The best way to learn how to deal with a hyper-connected world is to learn in a hyper-collaborative community.

Traditional conferences and training courses tend to offer a fairly one-dimensional view of the challenge at hand. Innotribe is an interactive learning experience in which you will be doing a lot of the thinking for yourself. Our facilitators, motivators and ‘thought instigators’ will push you to consider tough questions and look at things from multiple perspectives. One thing is for sure, you’ll emerge from Innotribe having engaged with your fellow participants, acquired a better understanding of your organisation’s decision-making process and generated new ideas you can apply as soon as you return to the office.

Creativity is a journey. Our agenda has been designed based on a flight metaphor: we will simulate a flight to encourage participants to understand and engage in the process of thought development and idea generation.

Just before take-off, the pilot will inform the passengers of what will happen during the flight: the planned route, the weather conditions, the expected turbulences, and that we are in for a bumpy ride. The weather conditions will be influenced by turbulences: digitization, API’s, the age of the machines, redefinition of value. There will be a steep take-off, take some time to enjoy and get inspired by the flight, with a pleasant approach and soft landing in foggy weather conditions.

We want to land with one strong idea to take away after the lab: an idea that is ambitious but achievable in the short to medium term.

Our list of instigators includes following thought leaders:

  • William H. Saito, CEO, the Innovation Platform Technology Fund (IPTF)
  • Mark Pesce,Founder FutureStreet –  Hypereconomics
  • Guibert Englebienne, CTO Globant.com – Organizational Fitness
  • Jennifer Sertl, Founder Agility3R and Author –Resilience, Responsiveness, Reflection
  • Laura Merling – Senior VP Platform & Strategy, Applications Enablement, Alcatel Lucent – “Rise of the Planet of the APIs”
  • Eiji Hagiwara, Mitzui Corporation – Corporate view
  • Dr Matt McDougall, Founder and CEO, SinoTech Group Bejing – Magic by Numbers: using algorithms & analytics to create Insight and Innovation
  • Dan Marovitz, Buzzumi – hyper-collaboration
  • Speakers from SWIFT include Kosta Peric, Matteo Rizzi, Luc Meurant and yours truly

The 2 days will culminate with the 2 winners of the Innotribe APAC Start-Up competition, that will be held earlier that week on 24 April 2012 in Singapore. This competition is part of our worldwide Innotribe Start-Up competition that started a couple of weeks ago in New-York.

It is still not to late to put forward your candidatures for the Asian start-up competition here. You have to apply before 21 March 2012.

The Asian Banker is managing this event as part of The Asian Banker Summit. All registration should be done directly with them, either through The Asian Banker or our websites or the event website www.theasianbankerforums.com/innotribe  directly.

by @petervan of the Innotribe Team (cross-posted on the Innotribe Blog)