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Teigland 3rd Industrial Revolution


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My presentation from Good Morning 2020 in Nov 2010 in Stockholm, Sweden,

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Teigland 3rd Industrial Revolution

  1. 1. <ul><li>The Third Industrial Revolution? </li></ul><ul><li>--------- </li></ul><ul><li>Challenging our assumptions </li></ul><ul><li>Dr. Robin Teigland, aka </li></ul><ul><li>Karinda Rhode in SL </li></ul><ul><li>Stockholm School of Economics </li></ul><ul><li> </li></ul><ul><li> </li></ul>November 2010
  2. 2. <ul><li>” No one knows everything, </li></ul><ul><li>everyone knows something, </li></ul><ul><li>all knowledge resides in humanity.” </li></ul>networks Adapted from Lévy 1997 Six degrees of separation - Milgram, 1967
  3. 3. The wisdom of the crowd Closed Expensive Complex Accurate Open Inexpensive Simple Close enough Hinton 2007 Accurate
  4. 4. History tends to repeat itself…. Innovation, financial crisis, industrial revolution, … Steam engine Internal combustion engine Microelectronics, Internet Late 18 th C Late 19 th C Late 20 th C Schön 2008 Third industrial revolution?
  5. 5. <ul><li>Work and private life are separate </li></ul><ul><li>Work should be serious </li></ul><ul><li>Roles and responsibilities are appointed </li></ul><ul><li>Learning occurs behind the desk </li></ul><ul><li>Value is created by firm’s employees </li></ul><ul><li>Firms are primary source of value creation </li></ul><ul><li>Competition is a zero-sum game </li></ul><ul><li>Etc….. </li></ul>Breaking free from “industrial chains”?
  6. 6. Exploitation Improving existing value creation activities Exploration Developing new value creation activities Adapted from March 1991
  7. 7. 30% profit margin +32% net income USD 1.2 mln in 14 months in 135 cities
  8. 8. But some things do not change…. Interaction Relationships Relationships Trust Trust Exchange Exchange Innovation Innovation Awareness
  9. 9. Here comes the Immersive Internet O’Driscoll 2009
  10. 10. Building skills in virtual environments <ul><li>My CV </li></ul><ul><li>Leading a virtual team of 30 individuals from across the globe </li></ul><ul><li>Creating and successfully executing strategies under pressure </li></ul><ul><li>Managing cross-cultural conflict without face-to-face communication </li></ul>Teigland 2010
  11. 11. Avapreneurs and emergent organizations Teigland 2010
  12. 12. Innovation and co-creation with global users Teigland et al. 2010
  13. 13. From the mobility of goods to the mobility of financial capital to … ...the “mobility” of labor? Teigland 2010
  14. 14. Put your tourist glasses on!
  15. 15. Interested in learning more about Virtual Worlds?
  16. 16. Karinda Rhode aka Robin Teigland [email_address] RobinTeigland Photo: Lindholm, Metro Photo: Nordenskiöld Photo: Lindqvist If you love knowledge, set it free…