1. The document discusses the shift from isolated learning to natural, social, and informal learning through connections and networks.
2. As connections increase between people and disciplines, information becomes abundant and accessible from anywhere, forcing everyone to become generalists.
3. Examples are given of companies creating internal networks and communities to share knowledge, reduce redundancy, and provide faster and more accurate responses to customers. These networks provide significant financial value and productivity gains to the companies.
23. Everyone is forced to become a genera
Volatility
Days per Year the S&P 500 Gained or Lost >3% in Value
20
15
10
5
0
1950s 1960s 1970s 1980s 1990s 23 2000s
24. Value migrates to intangibles
Stuff Tangibles
(Nodes)
Market Value
S&P 500
Relationships
Intangibles
(Connections)
1982 1999
25. Business migrates to services
Services
United States GNP
Personal Consumption
Goods
1947 2007
25
22
Data: Moody’s www.freelunch.com
28. The Long Tail
The Post-network Tail
Folksonomy
eBay
Craig’s List
Peer-to-peer
Crowd sourcing
Open software
User-driven innovation
Viral marketing
Source of innovation
28
49. Wiki T. Rowe Price
Project History
recurring tax questions
set up FAQ & blog
rapid look-ups
50. Annual Value
1,500 temp workers
2 minutes/call
$3,000,000
+ better customer service
51.
52.
53.
54.
55. Intelpedia
Project History Annual Value
3 years old 20,000 active users
free software x 30 minutes/week saved
1,000,000+ page views 200 person-years
56. Blog + RSS CGI Systems
Professionals learn more from one another
than they will ever learn from outsiders.
57. CGI
Project History Annual Value
communities of practice 4,000 active users
consolidated research x 30 minutes/week saved
redundancy slashed +100,000 billable hours
60. SAP Developer Network
Project History Annual Value
communities of practice 1,000,000+ active users
answer customer most queries answered by
inquiries non-employees
network, blogs, tech
incalculable
library, wikis
+ faster, more accurate responses