This document discusses emerging technologies and their potential impact on organizations and value creation. It notes that if an organization does not change internally at the rate of external change, it risks failure. New technologies like 3D printing, robotics, the Internet of Things, and blockchain could enable distributed, collaborative models of value creation outside traditional firms. Local production networks utilizing these technologies may reduce costs, speeds, and the need for large organizations. The future could include open, global collaboration on designs as well as microfactories producing local goods on demand.

1. Sept 2015
www.hhs.se

2. Thx to R. Wieselfors, Ericsson for photos

3. Thx to R. Wieselfors, Ericsson for photos

4. If the rate of change on the
outside (of an organization)
exceeds the rate of change on
the inside, the end is near....
-Jack Welch

6. MX3D to 3D-print steel bridge using robots

7. Within 6 years:
Challenging the
fiat money
system?
Bitcoin = Non-fiat currency
Community + internet + open source + CPU
Teigland, Yetis, Larsson 2013 http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2263707

9. People
• “Net generation”
• 24x7 “mobile” workforce
• Knowledge via MOOCs
• Sharing not owning
• Sustainability
Technology
• Broadband access
• Mobile phones
• The cloud
• Internet of Things
• Big Data
• 3D printing
• Robotics/AI
• VR/AR
• Holography
• Blockchain
Open Source IP
• Software
• Hardware
• Physibles
Convergence of…..
Finance
• Microlending/microfinance
• Crowdfunding/equity/P2P
• Non-fiat cryptocurrencies
• Mobile money/payments
• M2M payments

10. History tends to repeat itself….
Innovation, financial crisis, industrial revolution, …
Steam
engine
Internal
combustion
engine
Internet
Microelectronics
Late 18th C Late 19th C Late 20th C
Schön 2008
Third
industrial
revolution?

12. From factories ….

13. ...to offices…

14. …to server halls and …

15. .… “Third Places” and co-working spaces
US: 40% of workforce freelancers

16. Hoffice –
Sharing your home with local freelancers
Structured working process

17. Jobs that did not exist 10 years ago
 iOS/Android developer
 Social media manager
 UI/UX designer
 Big data architect
 Cloud services specialist
 Digital marketing specialist
 Sustainability expert
 Zumba instructor
 Beach body coach
http://talent.linkedin.com/blog/index.php/2014/01/top-10-job-titles-that-didnt-exist-5-years-ago-infographic

18. OpenSimulator: A value creation ecosystem
Academic
Entrepreneur
Hobbyist
Large Firm
Non-profit
Local Public
Federal Public
Research Inst
SME Employee
Periphery
Teigland, Di Gangi, & Yetis 2012
USD 5.5mln in
development costs

19. And new forms of “face to face” meetings

20. No one knows everything,
everyone knows something,
all knowledge resides in humanity.networks.
Adapted from Lévy 1997Image: Krebs

21. Community platform
Hierarchicalfirm
VS
E.g., Electrolux, Ford
~ Created by employees within
organizational boundaries
E.g., Quirky, Local Motors
~ Created by community collaborators
regardless of affiliation
Teigland, Di Gangi, & Yetis 2012
Changing models of value creation?

22. software

23. “Local Motors is the place for people to create
influential vehicles together.”
https://www.youtube.com/watch?v=qj28q7HvfJ4
• 1000x cheaper to produce new car model
• 5-22x faster production, depending on vehicle

25. Microfactories – Local and Mobile

26. Local Motors to print 3D cars
in one of its micro-factories
http://3dprint.com/79342/local-motors-reload-3d-car/

28. A 3D printer workshop on Lisette’s boat
RepRap community
E-commerce

29. Scheveningen Harbor – The Hague

30. My first attempt at 3D printing – successful!

31. Local networks of 3D printers

32. Increasing access to capital
through all forms of crowdfunding…

33. Developing circular economies
Local materials?
Reduced consumption?
Reduced transport?
Fueled by local “money”?
And by IoT?

34. What’s around the corner?
24x7 Global Internet Collaboration + Open Source + 3D Printing
http://mashable.com/2013/02/13/robohand/
$60,000
$150
Available for free
download on
$45
Where is
the firm?

35. Exploitation
Improving existing
value creation
activities
Exploration
Developing new
value creation
activities
Adapted from March 1991

36. The future is already here,
it’s just not very evenly
distributed.
- William Gibson

37. Robin Teigland
robin.teigland@hhs.se
www.knowledgenetworking.org
www.slideshare.net/eteigland
www.funnovation.se
@RobinTeigland
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set it free…
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