I just finished reading my latest book titled Purpose + Profit. The book was written by Harvard professor George Serafeim. Being purpose-driven is no longer a brand or marketing gimmick, but a sea change driven by multiple forces. The book provides data to support the coexistence of both purpose and profit. In fact, it makes the case that purpose-driven companies have better outcomes. In 2017, I spoke about the need for a hybrid of purpose and profit. It is refreshing to read the many examples of how that exact scenario is playing out. Even more encouraging is the advancement in available data that allows us to measure impact – something the author calls impact weighted accounting. I recommend the book and have added it to my library. The Amazon abstract is included below.Continue reading
Are there other forces lurking that could indeed lead to relocalization? Might a world where our food, energy, and products are created locally drive deglobalization? An open question with massive implications. Relocalization is a geopolitical building block – one of many that contribute to future thinking exercises.Frank Diana – Deglobalization
That quote from my post on deglobalization highlights a possible future. That future is not the same as a possible post deglobalization future. The context surrounding deglobalization is centered on resilience and risk. To drive resilience and reduce risk, nations will diversify their supply chains and pursue reshoring strategies where appropriate. Relocalization on the other hand has massive implications to the nation-state structure and long-standing institutions. Imagine a world where our energy, food, and goods are sourced locally. What happens when a state is self-sufficient? What need does the state have of nations? What happens to logistics and transport if our needs are satisfied locally?Continue reading
Without good stories to help us envision something very different from the present, we humans are easily stuck in our conventional mental programmingPer Espen Stoknes
I was reminded of the above quote when I came across this recent article about America’s early rejection of coal. With cheap wood available and houses having wood fireplaces, not many saw the wisdom of shifting to coal. As the article states, our current societal struggle with renewable energy has a long history. Coal itself faced a similar pushback in the early 19th century when the power source promised to solve many of the country’s problems.Continue reading
One of the future scenarios that I have focused on for some time is healthy life extension. When I mention to an audience that the first person to live to 200 has already been born – it gets quite the reaction. That scenario is not as far-fetched as people believe. This recent article explored research in the field of senolytics – drugs that work to eliminate cells that degrade tissue function. The drugs are already showing promising results and could become available on the market within the next decade.Continue reading
According to this recent article, there is a surge in environmental, social, and corporate governance (ESG) investing, which is attracting record amounts of capital and bringing shareholder activism to the forefront. In contrast to the first wave of climate investing, this second wave will benefit from a more established ecosystem. In 2021, global venture capital funding for clean technology hit $43 billion, which was more than double the $20 billion invested in 2020. Experts believe that the trend is just getting started.Continue reading
The Norwegian Public Roads Administration is determined to create the world’s first floating highway. Coastal Highway Route E39 is projected to cut the 21 hour travel time between Norwegian cities by at least half through the elimination of seven different ferry crossings. The historic roadway project will cost more than $47 billion. The video below describes this ambitious project.
As we move aggressively into this period of great invention, we will increasingly marvel at astounding levels of innovation. Every domain will experience this phenomenon…and it is accelerating. The articles below make the point very clear. The most encouraging piece of these breakthroughs is growing evidence that our world of extraction is shifting ever so slightly to one of creation. Advances in materials science are critical to solving some of the worlds greatest challenges. The energy transition is underway.
I just finished another good book. Tony Orb takes us to the precipice in a new book that explores existential risk. He looks at natural risks like asteroids, comets, supervolcanic eruptions, stellar explosions, brightening of our sun, and orbital dynamics. He then explores those risks stemming from human activity (anthropogenic). These include nuclear weapons, climate change, environmental damage, pandemics, unaligned artificial intelligence, nanotechnology, biotechnology, and back contamination (from space microbes). The remainder of the book focuses on quantifying risks and safeguarding humanity. I highly recommend the book for those looking well into the future and focused on humanity. I have added the book to my library. Here is the Amazon abstract.Continue reading
RethinkX just launched a report on climate change, and I have added it to my research library. Sustainability is a growing topic and focus area for leaders around the world. RethinkX concludes that technologies to address the climate change challenge already exist, but they are subject to societal choices. The abstract points to the importance of this report for all leaders.Continue reading
Resilience is the capacity to recover quickly from difficulties. That word is suddenly in everyone’s vocabulary. Whether it is individual or organizational, resilience helps us withstand adversity and bounce back. The pandemic can be credited for our heightened awareness, but it was just a matter of time before we all got here. The factors described in my Post yesterday describe why: complexity, pace, volatility, unpredictability, and the unexpected. These factors have always been there, but during specific transformative eras throughout human history, they combined in ways that challenged the existing order.Continue reading
Wildfires burned nearly 10.4m acres across the US last year. The most costly thunderstorm in US history caused $7.5bn in damage across Illinois, Iowa, Nebraska and South Dakota. As the climate crisis swept the globe on a biblical scale it left in its wake a record number of billion-dollar disasters.Dominic Rushe – Reading the writing on the wall: why Wall Street is acting on the climate crisis
An epoch is a period of time in history or a person’s life, typically one marked by notable events or particular characteristics. Although not officially approved, a working group has proposed that the world entered a new epoch called Anthropocene, or the human epoch. The starting point is still debated, as some believe it started at the beginning of the Agricultural Revolution 12,000–15,000 years ago, and others see it starting as recent as the 1960s. One proposal, based on atmospheric evidence, is to fix the start with the Industrial Revolution circa 1780, with the invention of the steam engine.Continue reading
Yesterday, I Wrote about the speed at which change is likely to occur this century. Paradigm shifts will happen regularly, in stark contrast to the past, where paradigms had a long shelf life. From health and education to energy and transport, paradigms will shift. The energy transition is big discussion topic today, and rightfully so. The most transformative periods in history have been tied to energy transitions. While renewable energy dominates the dialog, rapid increase in energy demand can negate those gains. This short video captures parts of this dialog. Visit this YouTube Channel to join the discussion.
When looking at possible futures, one domain seems to intersect with them all. Whether we are discussing the environment, food, mobility, or energy, one common denominator is materials science. Wikipedia Defines it as an interdisciplinary field focused on the design and discovery of new materials, particularly solids. Materials science incorporates elements of physics, chemistry, and engineering. The Wikipedia page reflects on why it intersects with so much:
“Many of the most pressing scientific problems humans currently face are due to the limits of available materials and how they are used. Thus, breakthroughs in materials science are likely to affect the future of technology significantly.”
A recent book explores aspects of a broader Convergence story. The book – 2030: How Today’s Biggest Trends Will Collide and Reshape the Future of Everything – was authored by Mauro F. Guillen. In exploring a number of trends, he shows how the only effective way to understand the global transformations underway is to think laterally. Said another way, we need to think at the systems level. Understanding pieces in isolation blinds us to the combinatorial nature of change. The book abstract says it this way:Continue reading
I just finished another book and added it to my Library. Author Daniel Yergin explores the convergence of energy, climate change, and a world where an existing power is confronted by an emerging power. The New Map helps us understand global dynamics, historical perspectives, the entrenched role of oil and gas, the forces that are driving an energy transition, and the impact of a raging pandemic.
Daniel Yergin is a highly respected authority on energy, international politics, and economics, and a Pulitzer Prize-winning and bestselling author. He is vice chairman of IHS Markit, one of the leading information and research firms in the world, a member of the board of the Council on Foreign Relations, a senior trustee of the Brookings Institution, and has served on the Secretary of Energy Advisory Board under the last four presidential administrations.Continue reading
By now, readers of my Blog know that I have been researching the catalysts of human action for over 18 months. I have used a poll to gather insights from the community. I posted Results a while back, and am providing an update via this post. As a reminder of the topic, here is an excerpt from a Post back in April 2019:Continue reading
More votes have come in since I last reported on my poll. The question based on history is this: what catalysts drive human action in the future? It took two world wars and a great depression to drive humans to act in ways that prevented reoccurrence and advanced human development. In a world that looks eerily similar to that era, we once again wonder about catalysts. Here are the current results.Continue reading
As I mentioned in a recent Post, the global pandemic has altered how we think about our world. However, one thing is constant if not amplified by it: society needs to act if we hope to shape a future that advances human development. The rapid pace of innovation – riding on antiquated institutions – required our attention pre-pandemic. In a post-pandemic world, both of those factors are amplified. The inadequacies of our institutions are more visible now than ever; and innovation that may have unfolded over years is realized in months.Continue reading
Seems like an eternity has past since I first launched this Poll on the catalysts that drive human action. As I mentioned back then, one of our Lessons from History was the presence of catalysts that drove actions that ultimately shaped our future. The major catalysts of the second revolution were astounding levels of innovation, World War One, The Great Depression, World War Two, and the eventual democratization of innovation. The question I asked in the poll was: What catalysts force stakeholder actions that ultimately shape our emerging future?