ay Deragon posted a series of articles recently on his Relationship Economy blog which I found especially exciting. As usual, Jay is bringing forward some very important ideas related to social media components and outcomes, but what really sets this new mindset apart is the fact that Jay is asking the same questions that have been plaguing scientists for 100 years.
Posts Tagged ‘economy’
Humility R Us
Submitted by Dan February 27th, 2010 - 12:33. No Comments »
To understand why humility works in social media, we need to understand what humility is. If “Nice guys finish last,” is the mantra of the old world, then “The last will be first,” is the motto of the new.
Social Networks And The Innovation Bank
Submitted by Dan February 10th, 2010 - 01:00. No Comments »
Literally, there is no safe place to put your money. Instead, people are investing their productivity in social media – social media is simply a storage device for knowledge assets. Soon it will become a stock exchange for knowledge assets. Investors should not take this lightly – the best place to store your money is in the productivity of people.
The New Definition of Innovation
Submitted by Dan February 9th, 2010 - 01:00. No Comments »
I have seen Corporate executives glow red in the face shouting down top talent with an outstretched index finger belching out; “It’s not innovation unless you can show me the money!”
Social Media as a Vetting Mechanism
Submitted by Dan February 8th, 2010 - 01:00. No Comments »
Where the vetting mechanism fails, the system fails. This has happened in countless instances from the current financial crisis to nearly every product, market, environmental calamity, or political failure in recorded history – the referees who were supposed to keep their eye on the ball, did not. Likewise, where a vetting mechanism is effective, the system is efficient.
How Knowledge Assets Live In A Community
Submitted by Dan February 6th, 2010 - 01:00. No Comments »
Our culture organizes itself around winners and losers. Corporations reflect this competitive nature to the core of their Capitalist doctrine. Sports analogies abound across the enterprise straight through to the HR department always on the lookout for the most amount of superstar for the least amount of money.
Video: Balancing The Equation of Global Outsourcing
Submitted by Dan February 4th, 2010 - 01:00. No Comments »
When we outsource our knowledge economy, the innovation economy is exterminated. The Ingenesist project specifies an Innovation Economy built on social media which will capture the knowledge inventory of communities – let’s hope that we have not forgotten how to build a ….
Dollar vs. Rallod; A Mirror Image Economy
Submitted by Dan February 2nd, 2010 - 01:00. No Comments »
Therefore, debt and innovation are blood brothers or mirror images of the other – they are both “currencies” (means of storing value) backed by future productivity. We can build a new economy around this concept which effectively weeds out the bad parts and keeps the good parts of the institutions and infrastructure that are already in place.
Intellectual Property in the Cloud
Submitted by Dan February 1st, 2010 - 01:00. No Comments »
Or maybe the last thing that Wall Street wants is for Engineers, Architects, designers, and creative people to get “royalties” on their work. That is What Wall Street does, they collect the royalties of the creative people in America….until now. Social media is a social contract, IP is our currency.
Psssst……wanna get wasted?
Submitted by Dan January 17th, 2010 - 12:00. 1 Comment »
The new marketing mantras go something like these:
“Go where your customers congregate”.
“Gain their trust by sharing your stuff”
“Soon, you can start to influence their behavior”
“Once hooked, they will do your deed for freeeee!!”
This is starting to sound more like the neighborhood drug dealer than any sustainable economic paradigm. The marketers MO is now to hook the customer by any means available.
