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Are you Wisdom Economy ready?John Findlay & Abby StrausMaverick & Boutique/Zing
This presentationA  complex and uncertain futureWhat stage is your organization or school?The pace of innovation has changed.Thinking like a complex adaptive organizationWisdom Economy criteriaWhat next?1.
Leveraging accelerating change, complexity and uncertainty
In 1982 John Naisbitidentified these major trends.
Last year it was change,now its complexityARMONK, NY, - 18 May 2010:According to a major new IBM (NYSE:IBM) survey of more than 1,500 Chief Executive Officers from 60 countries and 33 industries worldwide, chief executives believe that -- more than rigor, management discipline, integrity or even vision -- successfully navigating an increasing complex world will require creativity.
Faster, more complex and uncertainGlobalization of relationships.Growth in interconnectedness..Acceleration and democratization of the knowledge creation process.Divergence and diversity of world views.Increasing complexity and interdependence of systems.
Driven by expanding knowledge creation and use
Organizations as complex adaptive systemsEmergent, self-organizing, fractal (self-similarity at every scale), low level rules (boundary conditions) lead to complex outcomes, auto-catalytic, order for free, sensitive to initial conditions e.g. butterfly effect
Accelerating change and complexity  the back story
During the 20th Century the US workforce expanded US Department of Labor, 2001This story is repeated across most OECD  countries.
But now routine jobs are declining andexpert jobs are increasing.
There have been some radical shifts in 20th century workforce compositionUS Department of Labor, 2001, and other sourcesThis story is repeated across most OECD  countries.
Some Emerging Wisdom Age JobsCertified ethical hacker
Ecological footprint auditor
Conversation architect
Recycling consultant
Brain fitness coach
No-waste consultant
Complex projects leader
Organic food auditor
Chief cultural officer
Global governance director
Rituals designer
Mature age wellness manager
Human-human interaction consultant
Organic farmer
Polarity management mentorOf the six waves of transformational change, three have been in our lifetime
The wisdom economy
The drivers: language, tools and brains co-invent and transform each other
The pattern to the change
This pattern to human social and technological development closely approximates the Feigenbaum delta, 4.669*, the ratio of the emergence of successive periods (period doubling cascades) of complex systems such as ecologies and markets.
Crisis prior to emergenceSaynisch, M (2010). Beyond frontiers of traditional project management, 41(2). (21-37).
ComplexitySelf-organizing system with many degrees of freedom. Shift to more complex order at bifurcation points. such as team formation, the brain, breakthrough innovation.ChaosSmall error occurs in a highly constrained system that spins out of control, such as the BP oil spill, sprouts deaths in Europe, A380 engine. FractalsSelf-similar at every  scale. Leadership distributed throughan organization system. All adhere to the samerules/principles.1.
At what stage is your business or community?
The wisdom economy
The wisdom economy
The wisdom economy
The wisdom economy
At what stage is your school, college or university?
The wisdom economy
The wisdom economy
The wisdom economy
The wisdom economy
The pace and kind of innovation has changed
In slower times incremental innovation was good enough
In times of rapid change, breakthrough innovation is essential
Words, tools and job extinctionsWith the horse went the buggy, the buggy whip, the smithy. The saddlery and the harness maker. With the car came the oil and gasoline industry, motels, paved roads, traffic courts, suburbs, shopping malls and fast food restaurants Stuart Kauffman, complexity theorist
Key Wisdom Economy technologiesRenewable energy
Biomimicry
Neural interconnections
Self-repairing systems
Genetic modification
Automation of knowledge and wisdom work.
Local product printing
Needs anticipation
Co-creation  and sense making tools
Crowd and cloud computing
Nanotechnology
No-waste systems
Multiplayer games and simulations
Networks that learn from each otherWise application of knowledge inside
New wise application of knowledge products, servicesand jobs	Brainstorm one or more concepts for new products or services which have wise application of knowledge inside.  Describe how the product/service/job automatically causes people to behave or operate wisely.
The new way to dynamically steer organizations
New order emerges in complex adaptive systemswhen the system becomes richly connected  think brains, communities, markets and ecologies  but not too highly connected.
The complex adaptive organization is like an ecology of interdependent speciesA multi-flex organization of interdependent types include the cost efficient machine bureaucracy, the powering ahead entrepreneurial, the creative innovative as well as the professional, diversified and missionary.
Complex adaptive systems are sustained by energy flowing through themRed spot on JupiterThe economyAn ecosystem
The wisdom economy
The wisdom economy

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