Collabforge Strategic principles for competing in the digital age The board of a large European insurer was pressing management for answers. A company known mostly for its online channel had begun to undercut premiums in a number of markets and was doing so without agents, building on its dazzling brand reputation online and using new technologies to engage buyers. Some of the insurer’s senior managers were sure the threat would abate. Others pointed to serious downtrends in policy renewals among younger customers avidly using new web-based price-comparison tools. The board decided that the company needed to quicken its digital pace. For many leaders, this story may sound familiar, harkening back to the scary days, 15 years ago, when they encountered the first wave of Internet competitors. The digital technologies underlying these competitive thrusts may not be new, but they are being used to new effect. Opportunities and threats Digitization often lowers entry barriers, causing long-established boundaries between sectors to tumble. 1. 2. 3. 4. 5. 6.
Guide to 12 Disruptive Technologies Disruptive technology is a term coined by Harvard Business School professor Clayton M. Christensen to describe a new emerging technology that unexpectedly displaces an established one. This term came out at Christensen 1997 best-selling book entitled “The Innovator’s Dilemma”. In it the author established two categories of new technologies: sustaining and disruptive. Sustaining technologies corresponds to well-known technologies that undergo successive improvements, whereas Disruptive technologies means new technologies that still lack refinement, often have performance problems, are just known to a limited public, and might not yet have a proven practical application. Disruption can be seen at a different angle, if we look at how the word means, something that drastically alters or destroys the structure of society. 1. Increasingly inexpensive and capable mobile computing devices and Internet connectivity is already bringing benefits to a wide spectrum of areas, as . 2. 5.Cloud 10.
Open source hardware meets the p2p economy We are at this moment in history when we can say with certainty that open source hardware (OSHW) is economically viable. The video below tells the success story of Adafruit Industries. Barely formed, this business model relying on OSHW might already be obsolete. If you don't believe it, stop wasting your time arguing against it. The business around open innovation cannot be learned in school. The most successful ventures built around OSHW, like Arduino, Adafruit, Sparkfun, etc., can only be understood within their larger ecosystem. What we see in the case of OSHW is a greater integration between a commercial entity and its market. This integration between the commercial entity and the market in the prevalent OSHW models is made possible by the internet technology. Is this division between the commercial entity and the community necessary? the commercial entity and the community! The open value network is a model for commons-based peer production. More on the open value network model
10,000 Hours with Reid Hoffman: What I Learned (Credit: Wired magazine. ) Time to read: 50 minutes We touched down in Las Vegas only three hours before, but we were already back in the plane and flying home to San Jose on a brisk winter day in December, 2012. Other than the two pilots in the front, Reid and I were alone, debriefing what worked and what didn’t at the tech event where he had just spoken. The conversation then shifted, as it increasingly did those days, to a different line of inquiry: Did this trip to Vegas advance an important professional project? Every decision has tradeoffs: when you choose to do one thing it means you choose not do some other thing. Often, Reid wrestled with these tradeoffs. For some, savor is the easy answer to the task of planning a life. But what he really wants to do is save. Decision making becomes hard when you want to do both. That evening, as I sat across from him on the plane, he looked exhausted. The save/savor dilemma is one he’s still figuring out and probably always will be. 1. 2. 3.
Ggouv untitled The disruptive power of collaboration: An interview with Clay Shirky From the invention of the printing press to the telephone, the radio, and the Internet, the ways people collaborate change frequently, and the effects of those changes often reverberate through generations. In this video interview, Clay Shirky, author, New York University professor, and leading thinker on the impact of social media, explains the disruptive impact of technology on how people live and work—and on the economics of what we make and consume. This interview was conducted by McKinsey Global Institute partner Michael Chui, and an edited transcript of Shirky’s remarks follows. Interview transcript Sharing changes everything The thing I’ve always looked at, because it is long-term disruptive, is changes in the way people collaborate. The printing press was a sustaining technology for the scientific revolution, the spread of newspapers, the spread of democracy, just on down the list. Upending supply and demand Creating success from failure
Discovery Network "A Discovery Network (DN) is an open and decentralized value network , a collaborative organization that can include commercial, academic, governmental and independent entities, all collaborating together and coordinating their efforts to enrich society with new material goods and services, and extracting some value from doing so. The DN is mainly a knowledge and a logistical organization. It processes information and knowledge, plans and coordinates, in order to innovate, produce, and distribute new products, on the world market." It was proposed by Tiberius Brastaviceanu , through Multitude Project in summer 2008. The The Matchmaking Device System was an attempt to implement the Discovery Network model in the summer of 2010. Some fundational documents of the Discovery Network It was launched in January 2011 by Tiberius Brastaviceanu , Ivan Pavlov and Francois Bergeron around the Mosquito, an optical fiber-based sensor designed for biomedical applications. Greener Acres