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The wisdom economy

The wisdom economy



A new era in human development is emerging from the rubble of the global financial crises, in which "the wise application of knowledge" is the key driver, and the complex adaptive system the core ...

A new era in human development is emerging from the rubble of the global financial crises, in which "the wise application of knowledge" is the key driver, and the complex adaptive system the core metaphor.



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    The wisdom economy The wisdom economy Presentation Transcript

    • Are you Wisdom Economy ready?
      John Findlay & Abby Straus
      Maverick & Boutique/Zing
    • This presentation
      A complex and uncertain future
      What stage is your organization or school?
      The pace of innovation has changed.
      Thinking like a complex adaptive organization
      Wisdom Economy criteria
      What next?
    • Leveraging accelerating change, complexity and uncertainty
    • In 1982 John Naisbitidentified these major trends….
    • Last year it was change,now it’s complexity
      ARMONK, NY, - 18 May 2010: According to a major new IBM (NYSE: IBM) survey of more than 1,500 Chief Executive Officers from 60 countries and 33 industries worldwide, chief executives believe that -- more than rigor, management discipline, integrity or even vision -- successfully navigating an increasing complex world will require creativity.
    • Faster, more complex and uncertain…
      Globalization of relationships.
      Growth in interconnectedness..
      Acceleration and democratization of the knowledge creation process.
      Divergence and diversity of world views.
      Increasing complexity and interdependence of systems.
    • Driven by expanding knowledge creation and use
    • Organizations as complex adaptive systems
      Emergent, self-organizing, fractal (self-similarity at every scale), low level rules (boundary conditions) lead to complex outcomes, auto-catalytic, “order for free”, sensitive to initial conditions e.g. “butterfly effect”
    • Accelerating change and complexity – the back story
    • During the 20th Century the US workforce expanded
      US Department of Labor, 2001
      This story is repeated across most OECD countries.
    • But now routine jobs are declining andexpert jobs are increasing.
    • There have been some radical shifts in 20th century workforce composition
      US Department of Labor, 2001, and other sources
      This story is repeated across most OECD countries.
    • Some Emerging Wisdom Age Jobs
      • Certified ethical hacker
      • Ecological footprint auditor
      • Conversation architect
      • Recycling consultant
      • Brain fitness coach
      • No-waste consultant
      • Complex projects leader
      • Organic food auditor
      • Chief cultural officer
      • Global governance director
      • Rituals designer
      • Mature age wellness manager
      • Human-human interaction consultant
      • Organic farmer
      • Polarity management mentor
    • Of the six waves of transformational change, three have been in our lifetime
    • The drivers: language, tools and brains co-invent and transform each other
    • The pattern to the change
    • This pattern to human social and technological development closely approximates the Feigenbaum delta, 4.669*, the ratio of the emergence of successive periods (period doubling cascades) of complex systems such as ecologies and markets.
    • Crisis prior to emergence
      Saynisch, M (2010). Beyond frontiers of traditional
      project management, 41(2). (21-37).
    • Complexity
      Self-organizing system with many degrees of freedom. Shift to more complex order at bifurcation points. such as team formation, the brain, breakthrough innovation.
      Small error occurs in a highly constrained system that spins out of control, such as the BP oil spill, sprouts deaths in Europe, A380 engine.
      Self-similar at every scale. Leadership
      distributed through
      an organization system. All adhere to the same
    • At what stage is your business or community?
    • At what stage is your school, college or university?
    • The pace and kind of innovation has changed
    • In slower times incremental innovation was good enough
    • In times of rapid change, breakthrough innovation is essential
    • Words, tools and job extinctions
      With the horse went the buggy, the buggy whip, the smithy. The saddlery and the harness maker. With the car came the oil and gasoline industry, motels, paved roads, traffic courts, suburbs, shopping malls and fast food restaurants…”
      Stuart Kauffman, complexity theorist
    • Key Wisdom Economy technologies
      • Renewable energy
      • Biomimicry
      • Neural interconnections
      • Self-repairing systems
      • Genetic modification
      • Automation of knowledge and wisdom work.
      • Local product “printing”
      • Needs anticipation
      • Co-creation and sense making tools
      • Crowd and cloud computing
      • Nanotechnology
      • No-waste systems
      • Multiplayer games and simulations
      • Networks that learn from each other
    • “Wise application of knowledge” inside
    • New “wise application of knowledge” products, servicesand jobs
      Brainstorm one or more concepts for new products or services which have “wise application of knowledge” inside. Describe how the product/service/job automatically causes people to “behave” or operate wisely.
    • The new way to “dynamically steer” organizations
    • New order emerges in complex adaptive systems
      when the system becomes richly connected – think brains, communities, markets and ecologies – but not too highly connected….
    • The complex adaptive organization is like an ecology of interdependent species
      A multi-flex organization of interdependent types include the cost efficient machine bureaucracy, the powering ahead entrepreneurial, the creative innovative as well as the professional, diversified and missionary.
    • Complex adaptive systems are sustained by energy flowing through them
      Red spot on Jupiter
      The economy
      An ecosystem
    • Different initial conditions (start points) can have radically different outcomes
      Simple local rule or boundary condition: Starting with different initial conditions, at the next step, delete all numbers to the left of the decimal point and multiply by 10,
    • Attractors can be a powerful driver or limit the development of a system
    • Wisdom economy operating principles
    • New kinds of boundary conditions
    • What next?
    • Some of our Wisdom Age tools
    • A complex adaptive
      learning system
      for making sense of a
      Wisdom Age world
    • Ideas from many conversations are generated and shared in
      real-time, keystroke-by-keystroke to create a “shared brain.”
    • Every idea is announced and valued. Participants look for the patterns in the ideas that bridge the differences in the room.
    • New knowledge emerges across the boundaries of our world views.
    • People
      Emergent shared
    • Sequences of rich questions are used to reach consensus about strategy, tactics, new theories, etc. through idea integration.
    • Experiment: What happens in our brains when we ask different kinds of questions?
      Closed, left brain, automatic
      Rich and open, right brain, auto catalytic
    • Emergent learning process
      using rich question sequences
    • Conversations in pairs, sharing of ideas, and sense-making using a dialectical discourse method achieves consensus, so the best, most richly integrated ideas emerge that are a good fit with the environment/context.
    • Discourse types as boundary conditions
    • Some examples of our suites of meeting and learning applications that replicate the methods of the world’s thought leaders
    • Visit
      John Findlay, findlay@maverickandboutique.com
      Abby Straus, straus@maverickandboutique.com