I have published a presentation titled “Wisdom Networks crowd create Australia 3.0″ on Slideshare. After seeing the title, Matt Taylor asked “Australia2 was a boat – is Australia3 a submarine?”. I pointed out that Australia 3.0 is an online forum and conference “on how the Australian economy can react to the age of digital transformation and positively shape its productivity and competitiveness for the future”.…
The former Greek Prime Minister offers a pragmatic view of global politics and institutions in his recent TED Talk.
George Papandreou: Imagine a European democracy without borders
TED Talk, June 2013
Extract:
This will not be a speech like any one I have ever given.…
I was very fortunate to be invited to speak at the 2013 Young Markets conference organised on the 6th June 2013. The presentation topic was “Wisdom Networks crowd create Equity Market revolution and evolution”. The conference was organised by Patrick Young.…
TED has released two talks with “opposing viewpoints” and encourages its audience to watch both. One argues that we have come to the end of growth and innovation. The other argues that exponential growth and innovation is just around the corner.…
This TED Talk proposes that the first generation of a general purpose technology, like the internet, will simply use it within the status quo. In the case of the internet, the first generation has used it to speed up the status quo.…
We need to syndicate leadership everywhere
Leaders everywhere: A conversation with Gary Hamel
McKinsey and Company, May 2013
Extract
This time around, the challenge is what we call Leaders Everywhere. And the thought underneath this is that we live in a world where never before has leadership been so necessary but where so often leaders seem to come up short.…
Wisdom Networks crowd create Network Society … and Technological Singularity?
Introduction Network Society Equity Market Health Europe
From Information Age to Wisdom Networks from Wisdom Networks
Network Society is a wisdom network which manages society. Network Society achieves a rapid productivity jump, SME growth, real-time governance and democracy, patient centric healthcare, a transparent and accessible equity market and to breakthrough the GDP growth ceiling and crowd create a new era of prosperity.…
We published the presentation “Wisdom Networks crowd create the Network Society” on slideshare. We have, finally, a good presentation that may communicate the concept of Wisdom Networks and enabling the Network Society. We will be releasing smaller presentations on other applications of Wisdom Networks.…
The The World Cafe is a book and 7 step conversational process to reveal collective knowledge, share ideas and insights, and gain a deeper understanding of the subject and the issues involved.
The World (or knowledge) Cafe defined
Extract:
A knowledge café or World Café is a type of business meeting or organisational workshop which aims to provide an open and creative conversation on a topic of mutual interest to surface their collective knowledge, share ideas and insights, and gain a deeper understanding of the subject and the issues involved.…
The Corporation may, as a result of CSR or IEE processes, choose a business model that supports crowd creating free (or open source) software, innovation, wisdom and the Networked Society.
A recent article highlights the need for government to adopt a platform approach which satisfies citizen needs, rather than independent departmental investments in information and communication technologies. I will provide some extracts on democracy, government and digital government and then identify the opportunity for a National Wisdom Network.…
Internet of Everything: It’s the Connections that Matter #IoE [Infographic]
by Dave Evans, Chief Futurist, Innovations Practice, Internet Business Solutions Group, Cisco, November 29, 2012
Extract:
“It is important to understand that the real value of the Internet of Everything (IoE) lies in both the number and value of connections.”
“With this in mind, Cisco is currently determining the value that comes from a more connected economy.…
Article: ‘Internet of Everything’ to generate $14.4 trillion in value through 2020, predicts Cisco, Enterprises must transform to tap into business opportunities, February 25, 2013 | By Fred Donovan
Extract:
“Cisco (Nasdaq: CSCO) predicts the “Internet of Everything” will generate $14.4 trillion in value through 2020, creating a significant business opportunity over the next decade.”
“Businesses must transform themselves to take advantage of the potential profits and cost savings from the Internet of Everything, which is the interconnection of people, processes, machines and objects, Cisco said in a new report.”
The main factors driving this development are $2.5 trillion from reduced costs through asset utilization, $2.5 trillion in improved employee productivity, $2.7 trillion for eliminated waste in supply chain and logistics, $3.7 trillion in improved customer experience and $3 trillion in reduced time-to-market through innovation.…
Draft made available to invite comments. Final published within 48 hours.
Tim Berners-Lee current trip to Australia and my recent interaction with the Open Data Institute prompted some thought about Open Data. To derive economic benefit, data needs to be available by URL, tagged, linked and shared community-wide by the individuals and organisations that have an interest in it.…
The purpose of this article is to discuss the 6 stages to achieve Wisdom. These stages apply universally to economic development, organisation structure and information technology given a wisdom network is (probably) the next stage in the evolution of these previously separate outcomes. Management technology, information technology and global governance are all moving toward the cloud. While intuitive that everything moves to the cloud, the means and method by which it can be achieved has not been identified.
McKinsey Quarterly just interviewed Don Tapscott about “Making internal collaboration work”. It added to an excellent TED talk Don Tapscott gave IN June 2012 titled “Four principles for the open world”. I highly recommend it. The most memorable part came at the end where he equated the organisation of wisdom of crowds to a of starlings.…
Mary Meeker produces an annual state of the internet report. Her 2012 report is enclosed below. I recommend you read it.
KPCB Internet Trends 2012
View more presentations from Kleiner Perkins Caufield & Byers…
I just received an email by a friend telling me about the latest Seth Godin blog post and initiatve. I have a passionate interest in applying Web 3.0 to fields of human endeavour. Seth’s email and initiative highlights the possibilites of applying Web 3.0 to education.…
For decades, enterprise software has been designed to support business processes. These business processes were defined by the organisation. The organisation’s management model was based on the Web 1.0 proprietary hierarchy. As we have described many times before, the world is in transition from Web 1.0 proprietary hierarchies to Web 3.0 open networks.…
I have just published a new presentation at Slideshare titled “MANAGEMENT 3.0: An open source software update to digital, community ecosystems (from analogue, proprietary hierarchies) across organisation, industry, national and global endeavours“. I have also establish the Management 3.0 group to provide an example of organisational sub-groups.…
My recent entry in the Beyond Bureaucracy Challenge
Part 2 of the McKinsey HBR M-Prize is called the The Beyond Bureaucracy Challenge. I have lodged a entry The Management 3.0 “Central Brain” platform enables integrated Digital Ecosystems spanning organisations, industry, national and global endeavours.…
A member of my Google+ circles asked me the following question:
“Marcus, I was reading much of your website and your theory on Web 4.0. In the last week, I’ve said that once Google integrates all of it’s entire App products (Business+Education),Gmail, Google Docs, etc into Google+, it will set the foundation for Web 4.0.…
I stumbled across the following LinkedIn discussion.
UN call for revolutionary thinking and action to ensure an economic model for survival… How to make this happen?
Extract:
“Warning for global suicide and time running out, Ban ki-moon called last Friday at Davos for revolutionary thinking and action to ensure an economic model for survival.…
NOTE: I posted this article in the LinkedIn NBN Group. I have added it here as a post.
If you could create a “Central Brain” (or Facebook) in 5 days to focus the effort and wisdom of 2 Billion people, what problem would you solve?…
A social network could provide a "helicopter view" to understand and a "central brain" to focus a country's innovation ecosystem on outcomes. It is today's solution for yesterday's problem. Specifically, Equity Market 4.0 could be used to connect and coordinate a community with a common interest in managing an innovation ecosystem and maintain diversity that may be lost with centralisation. The community would need to be large enough and dispersed enough to warrant the use of a Web 3.0 network. Equity Market 3.0 could be delivered within 5 days and customised for use with 30-90 days. It could be used by a country, group of universities, industry associations, research organisations and their partners or globally.
Quick summary of Economic Development 4.0 (The Economic Development 4.0 presentation is embedded at the end of this post)
Economic Development 4.0 is how the world works after applying Web 3.0 (or Facebook) networks to social, industrial and political endeavours
Web 3.0 person to person networks overcome the design limitations of Web 1.0 hierarchies to deliver global transparency, meritocracy, productivity, accessibility and better decision making
We can create the Web 3.0 networks on the Critical Path to Economic Development 4.0 in 90 days.…
Your TED presentation on prioritising the solutions to global priorities was insightful. Innovation is incremental and I wanted to offer Web 3.0 networks as a structure that overcomes the design limitations of Web 1.0 to deliver a more effective means to prioritise and implement solutions to the many problems confronting our world.…
This is my second application in the M-Prize competition. The first was for Equity Market 3.0. My Economic Development 4.0 M-Prize application can be reviewed here.
The M-Prize
“
In the first leg of the Harvard Business Review-McKinsey M-Prize for Management Innovation, we’re inviting management innovators from around the world, in every realm of endeavor to share the most progressive practices and disruptive ideas that illustrate how the governing principles and tools of the Web can make our organizations more adaptable, innovative, inspiring, and accountable.…
I read with interest about the objective of Google.org below:
“Google.org projects are created for the purpose of addressing a social challenge and serving the public good. Our goal is to find engineering solutions to global challenges such as climate change, clean energy and global health.…
Mr George Soros
Chairman, Open Society Institute
I read with interest about your initiative to inspire a new way of thinking about economics. I studied Economics at University and maintain an avid interests in geostrategy. I appreciate the need for new ways of thinking and behaviours to deliver a more stable approach to economic management and financial markets.…