Back in 2014, the thought of advancements in automation was picking up steam. I wrote about a Next Generation Automation and focused on five primary drivers of advanced automation: the automation of knowledge work, advanced robotics, autonomous vehicles, the Internet of Things, and the mobile Internet. A McKinsey report from that period sized five disruptive technologies that could have an economic impact between $14 and $30 trillion. How much have we accomplished exactly seven years since that Blog post was written?Continue reading
By now, many of you may have seen this video of dancing robots. Yet another remarkable accomplishment delivered to us by Boston Dynamics. The reaction to this video has been varied. Many view it with fascination, while others fear. Those reactions reflect the broader response to possible emerging futures. This recent Article views dancing robots as a really big problem, going as far as calling them unethical. This One sees them as fun and games – until they murder us. Yet Another sees them as eerie, yet marvels at the accomplishment. Finally, this Look at the video calls it unsettling. What about you? What is your immediate reaction when viewing this video? Take the poll below and select your initial reaction.
This Presentation tells the full business evolution story articulated below.
Several key drivers have positioned the next two decades to deliver a staggering – perhaps unprecedented – amount of change. The accelerating pace of business, the growing impact of digital, and several other major indicators suggest that a next generation enterprise is on the horizon. The first of these indicators is the level of societal change impacting everything from business to war. In the business world, the implications of this change can be seen in our employees, where for the first time in history, four generations of workers are in our work force. The associated challenges are coming into focus, as some of these workers are digital natives, but the vast majorities are digital immigrants. With customers, the shift of power to the individual has changed their role forever and placed them at the center of the company ecosystem. Other indicators include an intense focus on growth, which increasingly requires collaboration within and outside the four walls of the Enterprise. This growth agenda drives a new type of value ecosystem, enabling growth that in many cases is outside a company’s traditional business.
This next post in the analysis of disruptive scenarios focuses on next generation automation enabled by combinatorial innovation. By way of reminder, the visual below depicts a convergence of innovations that have historically been viewed in isolation. As the building blocks of innovation multiply, their combination drives disruptive scenarios. By analyzing these scenarios, future implications and potential responses are determined.
Over the last three months, I have presented a framework for thinking about transforming the enterprise to the type of enterprise that can succeed in the year 2020 – What I call a digital enterprise.
Throughout this multi-part transformation series, I have focused on those forcing functions that push us to transform – the drivers that stir us to action. Old models that were created for another time cannot lead us into this future – we must think differently. We must invent the models that define business in the decades ahead.
So, I wrap up this closer look at transformation with the hope that I’ve convinced you in some small way that we are indeed heading towards what is likely to be the most transformative period in history. My hope is that leaders everywhere think differently to usher in a period of prosperity and societal advancement. Instead of talk of disruption, let us talk of enablement and advancement. May we each have the wisdom, vision and courage to lead in this emerging transformative period.
For a review of this entire transformation series, here is an intro and link to each of the prior posts. As a reminder, forcing functions are those things that force the enterprise to invest in a future state. The enablers are those facilitators of change that allow us to address the forcing functions and build a path towards the future. Click on the underlined title to access each post.