Posts Tagged sharing economy

Welcome to the Adaptive Economy

#Reorg Everything: My Talentnet Keynote

Reorg EverythingWhat is the Adaptive Economy? Why do we need to #Reorg? What should be our focus? Here’s the premise as I outlined in my keynote at Talentnet

The pace of change isn’t just fast, it’s accelerating. So many things are changing that we can no longer look at a single facet as we did at the dawn of digital and then networked computing. It’s not just the gig economy, the collaborative economy, the on demand economy or the green economy in isolation, it’s all of that and more, requiring a more holistic approach. As Darwin taught us long ago, in this fast changing world, it’s the quickest to adapt that survives.

Fundamentally we must first accept that the market is no longer a battlefield. It’s an ecosystem. Leading and winning in an economy that is oriented around creating the greatest amount of shared value is very different from one in which you are seeking to capture the most amount of profit for the organization and its shareholders. This is why I propose we need to #Reorg everything and serve the market.

How do we do it? By adopting new mindsets, methods and measures, most especially in my view of embracing some form of self management. This requires you to focus on creating alignment across the ecosystem, developing greater agility and creating a culture of accountability. We must also become more proactive and predictive.

The enemy we face today in organization’s, besides fear of change itself, is three fold – budgets, bonuses and bozos. In the real time transparent world in which we live, we need to go beyond the sort of budgeting which requires us to accurately predict future market dynamics.Being more agile enables you to adapt to the market’s needs more easily. With a culture of accountability, you will increase trust such that you will also empower more people to make spending decisions across the organization. This has been proven out and more thoroughly developed through Morningstar and several other participants of the Beyond Budgeting Round Table.

For those with the courage to move towards more of an ecosystem based strategy and operating model, there is a massive opportunity to lead the market and seize the lion’s share of the profits to be had. The more trusted a company becomes, the lower the cost of sales, the higher the likelihood of becoming the employer of choice and the higher the switching costs for partners and customers alike.

So much more to come on this in the weeks/months ahead. I’ve been running towards this future through my software company and it’s latest product Will Someone, a community collaboration tool. I’m furthering that development while going more public with the insights I’ve developed to help build a better future for all, by design.

You can hear more about the Adaptive Economy in this audio + slide deck from my keynote presentation, #Reorg Everything. I presented this for the first time on Friday March 11, 2016 in Austin TX as the keynote for the Talentnet conference in the offices of HomeAway.

We are building on this even further now, taking the work that went into this keynote and starting to write a book on the Adaptive Economy. If you are interested in contributing, have questions or want to talk about it more, please let me know in the comments.

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Building Our Future: A Blueprint for Leading in a Connected Society

Note: This post outlines our plan for a video project / documentary we are producing while in Austin next week.

Building Our Future: A Blueprint for Leading in a Connected SoceityMany of you, like myself, have spent the past several years, or decades perhaps, focused on inventing and building our future. Through our own personal experiences, challenges and insights we’ve made decisions about where we wanted to invest our time and energy and what outcomes we wanted to produce. For some, it has been a movement. For others, a family. For others, building a business to solve both small and large problems. For others, its been about manifesting a vision of something never before imagined possible. And for others still, it’s simply been about getting by in an increasingly fast paced, overly complicated and increasingly connected world.

While we are on one hand still fighting poverty, injustice and inequality, we are truly standing at the dawn of an even more incredible future then we might have even imagined just a few years ago. In fact, my Alynd Co-Founder Rawn Shah made the point during our Work Hackers Salon the other night that the Renaissance could be considered a failure due to the limited participation it produced in the upside of the prosperity and knowledge it generated. His point was, can you imagine what we are capable of within our connected society today, where we have access to each other and so many enabling technologies? Indeed, a new age of enlightenment is already underway, but the era ahead of us can be even more spectacular then we can even imagine.

This is why I want to bring people together in painting a picture of what we want our tomorrow to look like and sharing our blueprints for how to build it. The real challenge is, how do we look past how things are and begin to make them how they should be? Can we transform large slow moving conservative organizations or are they beyond hope? With a sense of unease coming from a perception that both corporations and governments are failing humanity, and a market that is seemingly unfair and out of balance, how can we break free from what we have always known to create a better tomorrow? What are the most important things for us to understand? Where should we invest our most precious and limited resource, our time?

So next week in Austin, we will connect and have conversations with the many great people who are leading us towards this future. We will seek to discover more about their own noble pursuits and see if we can determine how we can each find the courage that it takes to lead others into this future with us. While George Bernard Shaw famously said “all progress depends on the unreasonable man”, Building Our Future is not a solitary act, but the collective actions of millions spread around the globe. In the connected society of today, perhaps he would have said “all progress depends on the connected man’s ability to gather others for collective action.”

This is post is an introduction into the idea behind “Building Our Future”, to bring together leading futurists, entrepreneurs, executives, influencers and those who are on the front lines, leading us into a better tomorrow within our deeply connected society. There are of course, many worthy areas for discussion, but we’ve identified a few key topics that we believe to be the macro-trends around which our collective future is being built.

So next week in Austin, from Friday March 7 through Monday March 10, 2014, we are gathering the leaders and the tribes who are already in town for that big interactive conference. We will be hosting round tables on each of these topics (links to come shortly) and interviewing leaders with visions of the future and stories of transformations to share. You can request an interview time slot using this form – be sure to explain what topic you want to address and a little more on your story. For the round tables, we will be using the same format we did for the Social Media Clubhouse in Austin in 2010 – in short, a handful of featured speakers/guests and other subject matter experts in the audience to lob in questions and participate on a more limited basis.

We are still seeking sponsors/investors in this project. Our goal is to collect as much footage as possible while in Austin from conversations with the people who are building our future, so that we might be able to create a long form video/documentary that we can release in a few months. We have different sponsorship levels available from $2,500 to $25,000. Only $10,000 gets you a co-producer credit, a small one hour meet up on Saturday or Sunday and a room at the Echo Studio, which is being held at a beautiful bed and breakfast just off of South Congress about a mile from the convention center.

More info to come on the bigger story behind this idea shortly, but if you have any questions, please feel free to email echostudio@adhocnium.com

Many thanks to Sponsors Echo, Ancestry, Alynd and many other in-kind sponsors for their support of this effort. [disclosures: long time friends with Echo, for who I am producing this event; my wife works at Ancestry.com and Alynd is my new startup we are previewing next Sunday, so it is still just a family affair, though that will change shortly with your help]

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