Our exponential world puts increasing pressure on our capacity to innovate and the speed and quality of idea flow. This dynamic coupled with the speed at which automation is likely to occur brings our right brain characteristics front and center. Creativity, imagination, big picture vision, emotional and social intelligence, empathy, and other human characteristics are critical to navigating in this emerging future. As automation accelerates, these human traits become even more critical. In a recent report by Citi on Technology at Work, the authors point to our propensity for social interaction, communication, and empathy being something machines can never replace.
I have spent the better part of two months filming an online thought leadership course focused on our emerging future. The free course will be available starting May 23rd. I had the pleasure of working with futurists Gerd Leonhard, Gray Scott, and Chunka Mui. In addition, I was joined by Element Fleet Management executive Michele Cunningham, as well as TCS CTO Ananth Krishnan, and BRP CIO Hassan El Bouhali.
A video promo of the course along with the course description are available here. I hope you take the time to journey with me through the looking glass. course summary and bios for my guests are also included below.
In a recent post titled Demonetized Cost of Living, Peter Diamandis describes how technological socialism (i.e. having our lives taken care of by technology) will drive our cost of living close to zero. A similar case was made by Economist Jeremy Rifkin in his book titled The Zero Marginal Cost Society. Diamandis defines demonetization as the ability of technology to take a product or service that was previously expensive and making it substantially cheaper, or potentially free; removing money from the equation. Demonetized is one of the Six D’s of digital, as described by Diamandis and captured in one of my visuals below.
In a recent book titled The Future of the Professions, the authors describe an emerging paradigm shift in what I view as The Year of Shifts. They see significant change in the way expertise is made available to society, and envision a time when professionals will no longer be the dominant interface between lay people and the expertise required to address their own particular circumstances. The main hypothesis explored centers on a technology-based Internet society, and increasingly capable machines. These machines operating on their own or with non-specialist users, will take on many of the tasks that have been the realm of the professions. They predict an incremental transformation in the short term, with an eventual dismantling of these traditional professions.
This line of thinking fits with the Structural Change enabler as viewed through the lens of transformation in the digital age. It has prompted me to add another future scenario to my scenario visual, this one labeled “Institution 2.0”.
Some time ago, I did a series on the enablers required to propel organizations into the future. With the passage of time, and after considerable dialog, the time h
as come to update that point of view. In continuing with this future of business series, the next several posts will provide an updated list and perspective on these enablers. Leaders must effectively manage the exponential forces that drive them on a path to viability. In the absence of a burning platform, the growing gap between these exponential forces and the linear constructs of our day should spur leadership action. Continue reading