Another proof of how Europe fails the transition of the Fourth Revolution

Do you know that the rate of creation of large companies in the last decades has diminished tremendously in Europe? And that it has been maintained in the US only though all the “Fourth Revolution” companies that accompany the net-economy?

Large companies in US and Europe by date of creation
Large companies in US and Europe by date of creation (the Economist)

In this graph extracted from the Economist paper, “les Miserables“, or how Europe consistently discourages entrepreneurs (published July 2012), all the drama of Europe is being shown. The drama of the end of the Industrial Age and of the struggle to take the leap of the Collaborative Age. Europe relies on large companies that have been predominantly founded at the heart of the Industrial Age.

Unfortunately this graph is incomplete.  It does not show how Indian, Brazilian and Chinese large companies have appeared in the last two decades and how some prominent companies from those countries are already bigger than most companies from the old developed world. Their contribution would only affect the latest period!

Sticking to the Industrial Age model is not a good idea. Europeans, let’s finally do the leap into the Collaborative Age for the sake of the next generation!

Share

Openness Alone Cannot Drive Change. It is Just the Beginning.

The title of this post is a quote from one of the most inspiring videos I have seen for a long time. Margaret Heffernan explains how having information available out in the open is not enough for people to notice and take action.

She explains how a scientist investigated the growing number of childhood cancers and had discovered the noxious effects of X-rays of pregnant women on children in the 1950’s – how all this information was published, out in the open – and how the medical establishment took decades to notice and do something about it.

Look at this 12 mins video, it’s worth it!

Here’s the link if you can’t see the video.

I love one of the final quotes of Margaret’s speech: “Open information is fantastic, open networks are essential. But the truth won’t set us free until we develop the skills and the habit and the talent and the moral courage to use it. Openness isn’t the end. It’s the beginning.”

The availability of information thanks to the Fourth Revolution is only the beginning. Leadership is needed to make something out of it, to manage the conflict that open information does provoke.

Hat tip to Tim Berry who talked eloquently about the video on his blog.

Share

Do you Still Think that Curation of Content is a Guarantee of Quality? The Jonah Lehrer Case.

There has been a scandalous affair recently at the New Yorker that has had shaken the web (and more). One of their staff writers had just written a best-selling book about creativity and was forced to resign after he could not demonstrate the origin of some quotes he was attributing to Bob Dylan. He finally admitted that he invented them.

Jonah Lehrer - Imagine
Imagine… a book a bit too imaginative!

Funnily enough the book was about Imagination and Creativity. Don’t look for for it anywhere, it has been removed from all selling channels by the publisher (although more than 100,000 had been sold already).

More about this story if you are interested in this article on Jonah Lehrer’s deceptions (it seems to be written by the original person who uncovered the issue). More comments also in this excellent blog post on How to Resist the Temptation to Lie and Cheat your Way to the Top.  There has been a flurry of posts and write-ups on the issue, so if you want even more just google Jonah Lehrer!

This is a good reminder than even the best-run fact checking factories like the New Yorker can  fail to identify writers that fake it. The best curated content is not 100% mistake and lie-proof.

The Fourth Revolution brings in the validation from the crowd. And the crowd it is that uncovered that incredible falsification. It is not the first time, it won’t be the last time; but it becomes harder to fake it with the always greater insights of the crowd. This time it took a person passionate about Bob Dylan, knowing all his interviews and quotes, to figure out that something was wrong. It only took a few weeks.

And so will the world increasingly question the content of even the most reputable curators. This constant challenge by people who are extremely knowledgeable in their niche area will create increasingly better content to the world.

Funnily enough I had bought the book – it is on my Kindle – and will now read it knowing that for a book about creativity it must be really good as it is at least partially the result of the imagination of the author!

Share

How crowd-opinions are now more powerful than any advertising

The world of advertising is trembling. As the following graph from Nielsen, a market research giant, online conversations and the opinions of other internet users have much more credibility than newspaper articles and any other form of advertisement!

Trust in Adversiting (Nielsen Survey 2011)
People trust more other people's comments on internet than newspaper articles or other ads

What can we take from this? The power is to the organizations that leverage the user’s opinions on the products by providing the right platform: this relaunched Amazon at the beginning of the 2000’s, and is the fundamental insight of TripAdvisor and many others. It’s a real crowd-sourcing of opinions that people use more and more to decide whether to use/buy the product.

Is it resilient to manipulation? It is certainly more than conventional advertisement. And the most important is to determine how the seller reacts to these opinions and improves his product.

Crowd-opinion is the new credo of trust, like crowd-knowledge is the new baseline of knowledge. It has limits, it can be sometimes dangerous but in a world where we often buy remote products that none of our friends has seen or used, it seems like the best alternative.

What do you think? How much do you rely on crowd-opinions?

Share

The essence of entrepreneurship is about making meaning

The essence of entrepreneurship is about making meaning“. This  statement is by Guy Kawasaki, a well-known entrepreneur and venture capitalist in the Silicon Valley. According to him, the companies that really make a difference are those that aim to change the world. – and are those that also make money.

Here is a neat 2 mins video by Guy Kawasaki on this topic

(here is the link if you can’t see it above)

From my short experience as an entrepreneur, it is perfectly true that the intent to change the world is a great motivator that allows to overcome all sorts of difficult moments.

Many people think they can’t change the world. That’s wrong. We all can change a chunk of it. Smaller or larger. When do you start changing the world?

Share

The Creativity Crisis Does Not Exist

Creativity has become a key concern. As measured by some standards our creativity seems to declibe. Yet globally creation has never been so buoyant. How can that be?

Following our blog post “the World Wants to Keep us Stupid“, a comment linked to this 2010 Newsweek paper “The Creativity Crisis”. Studies describe in this paper have measured that while IQ tends to increase from generation to generation, creativity tends to diminish since 1990 in the US – and in particular in younger children. When this paper came out it led to a number of reactions. The new Collaborative Age is the age of creativity!  Is America losing the game? Are Western countries losing the game? Is the world losing the game?

Modern creativity cartoon
Creativity in the corporation. A model that will disappear?

There is one big logic failure here however: creativity can be learnt and taught. It can be developed quickly through the proper exercise. It can be also unlearnt in our society like shown in this fantastic example quoted from the Creativity at Work Blog:

In 1968, George Land distributed among 1,600 5-year-olds a creativity test used by NASA to select innovative engineers and scientists. He re-tested the same children at 10 years of age, and again at 15 years of age.

Test results amongst 5 year olds: 98%
Test results amongst 10 year olds: 30%
Test results amongst 15 year olds: 12%
Same test given to 280,000 adults: 2%

If you don’t understand why that happens in a conventional Industrial Age world, look at the cartoon!

So the result of tests on young children anyway does not predict their creativity as adults. It might be true that the modern kid might be enticed to do activities like video games and watching TV that do not develop as much creativity as figuring out how to play games with almost nothing – and I make sure my kids have moments where they need to be creative.

Yet the most important is also to make sure we train our creativity muscles during our entire life. And even atrophied creativity muscles can be trained back to be fit!

The Fourth Revolution shows us everyday how our collective creativity is increasing every  day, both through the mating of ideas from the web, and the increasing emphasis on creativity as a key success factor. We can learn creativity. We need to practice creativity.

There is no creativity crisis. The only crisis is that the world might not be ready to welcome the wave of creativity that will change our societies beyond recognition.

Thanks to Julie Pigdon for the comment and reference that led to this post.

Share

A great example of community leverage by a company: Kreg Tools

As an assiduous reader of this blog you know that in the Fourth Revolution, successful companies will leverage on their community of followers. There is a great example (and not just for wookwork lovers!): Kreg Jig community site.

The Kreg company does woodworking equipment and has an otherwise quite classical website. It is a relatively small company of a few dozen employees in a niche market.

A Kreg community member at work (owner of CherrywoodCustom.com)
A Kreg community member at work (owner of CherrywoodCustom.com)

Now look at the enthusiasm of the participants to its community site, how they share videos and tips and proudly show to the world their latest woodworking project! This hugely successful community site – more than 35,000 participants apparently – must be a significant driver of sales for the company, and build a fiercely faithful tribe of followers that will spread the word. They exchange and learn together. The forums are an incredible source of information (and all comments are not necessarily positive on the company’s products).

More than that the community site is really a place to speak about woodwork, not just the products of the company! There are fancy projects, great looking results, astonishing builds..

I am not a fanatic of woodworking but now that I have looked at this community site I’m almost ready to start building one of these beautiful pieces of furniture! The power of building a community around one’s product should not be underestimated. This BBC article provides a good background information on what’s happening there and what to be careful about.

It is the power of the Fourth Revolution and it is the future of marketing. So, when do you create the community website of your product or brand?

Thanks to Heinrich Scheffer for the links – following a conversation on LinkedIn on the Fourth Revolution!

Share

The dark little success secret of all social networks: heavy moderation

Did you know that the most successful social networks – public or private – are those that are the most moderated (or censored, depending on the point of view)? Yes, the self-organizing network is a myth.

Rare are the times where the heavy cloak that surrounds this process is lifted long enough to grab a glimpse. Meanwhile we can only listen to the recriminations of those who could not share what they wanted: a photography museum pictures here (credits for the picture below), a profile picture reproducing a famous painting there.

Facebook censorshipLet’s face it – unfortunately, without moderation our social networks would soon be full of inappropriate pictures and would be invaded by those dark economies of vice and violence. It is not by chance that all social networks propose to flag inappropriate content; that all employ armies of moderators that censor content according to strict rules. In “The Dark Side of Facebook“, Emma Barnett exposes the global community of low paid Facebook moderators, and how they have to deal on a daily basis with crass content.

And it is not just Facebook: for example Wikipedia also employs many moderators who react almost instantly on inappropriate content. Even if the content “does not follow editorial quality rules”. Ever had the experience of having your contribution rejected from Wikipedia because ‘they’ decided it was not important enough, or maybe even not accurate? I did, many times.

Think about it: Paypal has been very successful not because of its operation mode – which is OK – but because from the beginning it has integrated defenses against fraud, maintaining the fraud level low enough to remain economical. Early competitors did fail under the burden of excessive fraud. From time to time that’s a hassle when you want to pay a friend in a less safe country; but overall it is what has allowed Paypal to remain afloat.

This is a lesson for all those that believe that setting up a social network is just setting it up technically and letting people self-organize, driven by the good in them: always make sure that an adequate supervision and moderation is maintained and even censor a bit too much just to make sure that the system remains acceptable for the majority of people. Moderation can be lighter if the community is regulated otherwise (like inside an organization for example) or heavier if the community is totally open.

Too bad for those that naively believe that social networks is paving the way for free speech, free expression. You can express yourself – if that follows the rules and the will of the social network managers. And it is not possible to avoid it – moderation is mandatory to maintain the health of the social network and its acceptability, on the long term.

Ownerwhip of the network is indeed important and strategic when it comes to political and social expression. Will we see society rebel against those social network moderators like it did against too strong press magnates? How can we make sure that this moderation remains ethical and not politically biaised? Regulation here is more important than protecting Hollywood rights – it is the future of democracy at world level that is at stake.

Share

Do you know “Vuja Dé”? – a word that can change the world

I was reading the book Practically Radical: Not-So-Crazy Ways to Transform Your Company, Shake Up Your Industry, and Challenge Yourself
by William C. Taylor. The concept of the book is that crisis moments are the best moments to redefine businesses and economic models. More about it in a future post.

Vuja De by Proust
Vuja De, an old and useful concept!

One of the key concepts explained in the book caught my eye and ignited my attention. The concept is simply Vuja Dé. The reverse of “Déja Vu” obviously, French for “seen already”. This concept implies the possibility to look at the same old things and redefine how we use them.

Or, like Proust, a famous French author of the beginning of the XXth century says in the quote, seeing the same thing with new eyes.

How can we redefine what seems to be an established practice, business, industry through the use of Vuja Dé? Not just improve, but redefine?

This is a word that has the power to change the world, because it names a concept which is truly useful in these times of change. A concept of rupture, of reinvention.

Ready to Vuja Dé your job? Your business? Your industry? Tell me how this word changes your mindset in the comments!

Share

Crowdsourcing to take control of health and emergency response

In the Netherlands, AED mapping has been crowdsourced so as to save patients that might need them urgently. A project is called to do that on a worldwide basis. Watch this TED video

The crowd is taking emergency intervention in their hands.

The other side of the video about taking your blood pressure, hopping on the scale… and there goes your latest health parameter on the web… to your doctor, to your social network. Are you ready to go that far?

Share

Overcome the fear of bringing your creation out to the world

Following our blog post on Lean and accelerating our learning in the Collaborative Age, a particular issue came up. As part of the lean methodology, we propose to go out in the world as early as possible with a ‘Minimum Viable Product’. That is to say, an unfinished product with some basic functionality and lots of bugs. This product could be a book, a painting, a recording, a set of photos, a blog, a website… anything that you are creating with your heart.

Getting out into the light
Getting out into the light is the hardest

That’s generally at this point of time that Resistance attacks. What? Coming out to the world with an imperfect product? What about my ego, my reputation? Won’t I look ridiculous?

And there we often freak out. Delay. Find all sorts of excuses not to go out with this imperfect product and work to improve it. Worst even, not to anything on the product and just shelve it waiting to be secure enough to show it to the world.

Resistance was already trying to avoid us working on the product or the creation; it is the ultimate battle before it gets to the world; and Resistance does fight it with the back to the brick wall.

Just consider this: you might be somewhat ridiculous this time with this imperfect product; but you will be much more later if you spend much more time trying to make it ‘perfect’ in your eyes and if it remains dull in the eyes of the world. And you won’t be able to forgive yourself if you never bring it out to the world.

Do you want to live in regrets all your life? Just come out with it. And rock on!

And no- you won’t be ridiculous this time anyway. Your tribe will take interest in your new creation and guide you toward making it really fascinating and useful.

Have you anything almost finished on the shelf you never managed to get out to the world? Get it out and start learning! Beat the Resistance!

Share

Smart Disclosure and Colored Buttons: Enabling Full Data Availability

Beyond Open Data, there are also troves of data that cannot be made public because they contain personal information.

Blue Button Data download
The Blue Button for data download

However it would be useful to have access to this data in certain ways:

 

  • for the person concerned, for his/her personal files
  • anonymously / aggregated by location or through other groups for statistical analysis and other studies

There is an effort ongoing in the US and there starts to be quite a lot of papers on the subject. One of the most complete is “What is smart disclosure?” on O’Reilly. The US governments is producing standards to allow access to this data.

Green Button Data download
Green Button Data download

This lead the creation of a number of colored buttons depending on the type of data and the type of access.

These standards will certainly spread rapidly across the world as liberating those troves of data becomes an increasing national priority: the wealth of knowledge that will be derived from this data will be huge and I can’t wait to see what incredible advances we’ll see from the analysis of all this data.

Expect those colored buttons to invade your life soon!

Share