The World in 2011:Ten Idea Genes Henshall & Associates.

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The World in 2011:Ten Idea Genes Henshall & Associates

Transcript of The World in 2011:Ten Idea Genes Henshall & Associates.

Page 1: The World in 2011:Ten Idea Genes Henshall & Associates.

The World in 2011:Ten Idea Genes

Henshall & Associates

Page 2: The World in 2011:Ten Idea Genes Henshall & Associates.

1 Who am I? becomes Who are We?

•Cyberspace allows us to experiment with many different personas

•eg Dog sitting at PC says to puppy at feet

“on the internet no one knows you’re a dog”

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2 E-Mail: THE “Killer” IT Application

•How many different E-mail addresses do you have?

•Work, home, hotmail, newsletters etc•Real name or hidden identity?

•Different personae? Why? Privacy?

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3 Communities give leverage to ideas

•We volunteer our time and effort to those real-world communities we believe in

•Now, via the internet, we join cyber- communities of people with similar values

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4 Strange Attractors: Complex Systems

•We are attacted to join an organisation by its brand name/reputation, its strategic intent/mission/cause and espoused values•Customers buy from those they believe in!!•There is no basic difference between the motivation of employees and customers

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5 Billions of interconnected Nodes

•The Cluetrain Manifesto: people speak in human voices via e-mail about what they believe in -- they learn faster than organisations! (The Napster story)•Communities of millions are now commonplace!•Peer to Peer (P2P) networks are emerging without central controls dominating what they do

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6 Fabric of Learning is now Digital

•Near zero reproduction costs (unlike books)•Education sector will be driven by emotionally-driven alumni networks and their learning needs

•Professional societies will be driven by their members sharing tacit knowledge from fieldwork•Charities will be driven by their donors who use

viral marketing to raise matching donations

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7 Customer - led businesses

•Hobby tribes lead marketing events (H-D)•Customers staff the organistion (RNZFB)•Customers are employees and vice-versa•Businesses exist to serve market needs

defined by communities of customers with common shared needs

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8 Rent the K- Workers Networks!

•Knowledge workers expect part-ownership of organisations they work for full time (sweat equity) •With emotional commitment, they will share their

personal networks with their employer (SAIC)•The Knowledge Turns of these networks leverages co-dependent developments based on mutual trust

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9 Citizens and their Governments

•Census data from individuals belongs to them!•Governments can signal the arrival of the

knowledge era by creating an information utility which is owned by the citizens who provided it!

•All revenues earned by the sale of census data to others flows directly to the citizens and becomes

part of their retirement nest egg.•Turn statistics depts into mutual fund managers!

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10 Co-operation beats Competition

Matt Ridley in “The Origins of Virtue” Viking 1996 advocates

“a society built upon voluntary exchange of.. information.. and power between free individuals in small enough communities

for trust to be built”

“We must encourage social and material exchange between equals for that is the raw material of trust and trust is the

foundation of virtue”

•P2P e-mails and a billion shared PC nodes in this Network “Computer” form Internet 2011

•Peer2Peer is Power2People

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Conclusions•Conversations between various communities will drive their conjoint futures, deliver the value net desired by all stakeholders and ensure on-going self renewal•Value creation for the Community is the new moral contract for delivering value to the wider society and growing their members•Technology facilitates but communities rule!

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Many to OneC2B

Many to ManyC2C

One to Many B2C

End to EndB2B

Supply DrivenOld World

Customer - Led New World

2001 2011?

How will markets evolve? What will prevail?

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THE issue now for strategists and market makers?THE issue now for strategists and market makers?

IntellectualLeverage

CapabilityCompetence