The Knowledge inventory will become the most important element of Social Capitalism. Today, knowledge is largely sequestered behind the walls of corporation in the form of titles, skill codes, resumes, job descriptions, certifications, and college degrees. In order to predict the future, we point to the things that we have done in the past.
Posts Tagged ‘Knowledge’
Convergence Toward the Knowledge Inventory
Submitted by Dan Robles July 22nd, 2010 - 01:00. 1 Comment »
Social Networks and the Multiplier Effect on Innovation
Submitted by Dan Robles July 17th, 2010 - 01:00. No Comments »
In practice, we know that strong networks of people freely exchanging ideas make organizations better, smarter, and more efficient. Networks are where knowledge and wisdom is literally stored. A network is fault tolerant, if one person leaves, the network survives.
The Culture of Data
Submitted by Dan Robles July 1st, 2010 - 01:10. 1 Comment »
Each stage of transformation along the chain reaction from “data” to “culture” is an opportunity for both great value creation AND astonishing corruption.
Will Market Capitalism Be Replaced By Social Capitalism? (Part 1 and 2)
Submitted by Dan Robles June 23rd, 2010 - 00:01. 1 Comment »
This video describes a set of predictions for 2020 based on an entirely new form of capitalism whose velocity and voracity will take the world completely by surprise. Nothing is sacred and nobody is immune, not Facebook, not Google, not Wall Street, not even Governance itself….
The Economics of Innovation
Submitted by Dan Robles June 20th, 2010 - 01:20. 1 Comment »
Every time humans invent better ways of doing things, the economy gets a little bigger. The next great leap in economic development will be derived from the knowledge economy by integrating the tools that we developed in this knowledge economy.
You Can Get Paid Many Ways for the Same Knowledge
Submitted by smarter companies June 17th, 2010 - 10:00. 1 Comment »
As I continue the discussion of getting paid for what you know, it’s important to point out that the same knowledge can be sold in multiple forms. Remember Dianna Booher’s books? She gets paid many times in many different ways for the same basic knowledge. This strategy is not just …
Business Failure is Knowledge Failure
Submitted by Dan Robles June 16th, 2010 - 01:00. 1 Comment »
Unfortunately, there is no public knowledge inventory – people do not know what each other knows. With social media raging all around us, there still is no way that anyone can assemble the knowledge needed to execute a business plan with a known probability of success given the information available. As such, there is no way to finance public innovation.
The “WIKiD Tools” Forecasting Method
Submitted by Dan Robles June 3rd, 2010 - 01:00. No Comments »
WIKiD stands for Wisdom, Innovation, Knowledge, Information, and Data. All five of these elements are related to each other – in fact, each is derived from the prior element. So If I want to predict innovation, I look for high rates of change of knowledge that integrate the tools of the knowledge economy. …and so on for all five elements as needed.
Let’s Argue About Productivity Instead
Submitted by Dan Robles May 22nd, 2010 - 12:00. No Comments »
Many arguments rage because of poor definitions to terms. If people cannot agree on a definition, they will not agree on much else. A definition should be definitive – here I will tackle 5 of the most elusive definitions that are at the center of much, if not all, global controversy: Data, Information, knowledge, innovation, wisdom
Transformation of Wisdom; Garbage In = Garbage Out
Submitted by Dan Robles May 21st, 2010 - 10:00. 1 Comment »
For example, if data are corrupted, then everything that follows becomes corrupted; hence the advanced mathematical equation: “garbage in = garbage out”. Few people realize that at the end of the relationship, the wrong wisdom creates the wrong data and therefore “garbage out = garbage in” starts the process all over again.
