Societal Impact of the Millennial Generation


A changing of the guard has been in motion for some time. In 2020, Millennials will be the dominant workforce on the planet. The five generations in our workforce introduce a leadership challenge, alongside disruptive forces swirling around society. Five GenerationsThe truth is that millennials are likely the generation tasked with solving this broad set of societal challenges. This recent Forbes Article says it well. The challenges likely facing this generation include: technologies like AI, shifting business models, the implications of near zero marginal cost, the resources of the planet, the nature of house ownership, transportation, healthcare, work, education and families.

Fundamental questions about Why and how we Educate will have to be addressed for the first time since the introduction of high school. Additionally, this generation will have to deal with an Aging Society. As Michael Gale – the author of the above article – describes, one in four millennials are already directly managing a parents’ ill health on a daily basis. The added burden of college debt could create additional obstacles to success.

There has been a negative stigma associated with this generation. However, they are not the problem but part of the solution. As 72% of the Global 2000 continue their digital transformation journey, millennials offer a perspective that helps realize intended outcomes. The Forbes Article describes five things that you can do to enable this –  take a look.

The Convergence of Science and Technology


In looking at transformative periods throughout history, it is apparent that Convergence was a critical driver of change. While I am still hopeful of the ultimate convergence across societal, political, environmental, philosophic, economic, and business domains, it is clear that convergence is already occurring in the science and technology domains. This synergistic relationship where advances in one domain fuels rapid advances in the other is the force behind our rapid pace. As we saw in the Poll that looked at the catalysts that drive convergence, it is this rapid pace of innovation that many believe will ultimately drive it. This initial convergence is altering long-held Beliefs and Intuitions – eventually forcing convergence across the other domains.

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The Ready Room


I had the recent pleasure of talking with Richard Frederick about a number of topics regarding the future. Richard runs a Podcast called The Ready Room; an idea driven by his concern over the decline of civil discourse and the ideological barricades with which so many have surrounded themselves. In his words: “If only we could come out from behind our political fortresses and talk openly with one another and truly seek to open our minds to change, we could regain a shared civic trust.”

The Ready Room is Richard’s way of reaching out to others to begin this discourse. I was happy to be included in this process. You can listen to our discussion below.

Catalyst Poll Results


Updated results: April 9th, 2019. The response has been great, but I’d like to capture more voices. Please consider taking this very short Poll.


In a recent post on What to Expect in 2019, I launched three focus areas for the coming year. This focus attempts to identify the key drivers of change and the outcomes they enable. The three areas are:

  1. Convergence is one of the key dynamics I expect/hope to see more of this year. A century ago, convergence across multiple domains ushered in unprecedented advancements in human development. Multiple forces will drive a similar level of convergence in the coming decade.
  2. The pace of innovation and change is often cited as a key difference between the next revolution and prior ones. This is one of the key catalysts driving change, and I expect it to Accelerate.
  3. I believe the world will experience a burst of Possibilities enabled by these forces of convergence and acceleration

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Convergence


As I described in my Thoughts on 2019 post, convergence is one of the key dynamics I expect/hope to see more of this year. A century ago, a convergence across domains ushered in unprecedented advancements in human development. As Robert J. Gordon describes, the special century (1870 – 1970) that followed the Civil War was made possible by a unique clustering of what Mr. Gordon calls the great inventions. The great inventions of the second industrial revolution significantly improved our well-being. In his view, the economic revolution of 1870-1970 was unique in human history, unrepeatable because many of its achievements could only happen once. What makes this century so special, is that these inventions altered what until then, was a life lived in misery. I captured the advancements made during that period using an Innovation Wheel to map them to our areas of well-being (click on visuals in this post to open in a separate window).

Second Revolution Innovation Wheel

A look at history is very instructive, as several dynamics from that period have the potential to emerge once again – the biggest being the opportunity for convergence. In this context, convergence refers to a virtuous cycle where events in one domain spur action in another. The great inventions (electricity, telephone, and internal combustion engine) were clustered together at the end of the 19th century, forming a virtuous cycle that drove a period of astounding innovation. This innovation cycle continued well into the 20th century – a dynamic that could be emerging again. Yet, science and technology are simply two domains that converged during the special century. The others were the economy, business, politics, and a broader set of societal issues. What enabled this convergence and created the most dramatic improvement in human development? There were several key catalysts.

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Visualizing Our Emerging Future – Revised


As our emerging future shifts continuously, our challenge is to shift with it. The number of building blocks that combine continues to explode, challenging our ability to track its complexity. I’ve used a visual representation of this challenge – and I see older versions floating around – so I am updating it via this post. When I use the visual in presentations, I build towards it to avoid its overwhelming nature (which I believe accurately reflects the overwhelming nature of the challenge). I will replicate the approach here by building towards the full visual.

Convergence across aspects of science, technology, economic forces, politics, society, our environment, and a growing conversation around ethics, is creating a highly uncertain world. At the heart of the pace dynamic is the exponential progression of science and technology – reflected in the first piece of the visual.

Science and Technology Curve

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An Uncertain Future


I have used this Emerging Future visual to demonstrate the overwhelming number of combinations that will conspire to create our future. The science and technology foundation converges with societal, political, economic, and environmental forces to build towards a very uncertain future. A future that I believe represents the third massive tipping point in human history.

This very short animated video describes the visual.