Lifeboat Foundation

Life in the digital age is raising fundamental questions about the future of business and employment and hence the strategies, skills, and abilities we need to develop to survive in the next economy. This article explores two key changes that we need to start developing a core of capabilities for – namely the quest for exponential growth and the growing use of corporate venturing.

Why are these becoming important? Well, technology and the thinking it enables are driving new ideas and experiments on commercial strategies, the shape and structure of organisations, business models, and the relationship with extended ecosystems of partners. Both strategies are seen as options to drive growth and accelerate the realisation of market opportunities.

Exponential thinking is seen as a fast track approach to driving business innovation and growth. We are used to the idea of exponential growth in many fields of science and technology. For example, Moore’s Law in information technology tells us that the amount of computer power we can buy for £1,000 doubles every 18–24 months. This has inspired digital innovators to try and grow their business at the same pace or faster than the underlying technologies. The broader business world is taking notice. The stellar rates of development and growth we are witnessing for some exponential businesses in the digital domain are encouraging many organisations across literally every sector from banking to aviation to try and apply similar thinking to some or all of their activities.

Hence, it is now common to see businesses pursue a vision of doubling of revenues within three to four years and a achieving a 2-20X or more improvement in other aspects of the business. For purely digital entities, their business models are predicated on using network effects to drive exponential growth or better in user numbers and revenues. Some suggest that to embrace the exponential model, businesses must reject defined end goals and step-by-step plans in favour of such ambitious visions and develop a high tolerance of uncertainty. Typically, the exponential growth initiatives are driven through a combination of iterative task specific ‘sprints’ to define, test, refine, and deliver business changes that could result in massive performance improvements in specific areas of the business.

Continue reading “Strategies for the Digital Age, Part 1” »

The city of the future is a symbol of progress. The sci-fi vision of the future city with sleek skyscrapers and flying cars, however, has given way to a more plausible, human, practical, and green vision of tomorrow’s smart city. Whilst smart city visions differ, at their heart is the notion that in the coming decades, the planet’s most heavily concentrated populations will occupy city environments where a digital blanket of sensors, devices and cloud connected data is being weaved together to build and enhance the city living experience for all. In this context, smart architecture must encompass all the key elements of what enable city ecosystems to function effectively. This encompasses everything from the design of infrastructure, workspaces, leisure, retail, and domestic homes to traffic control, environmental protection, and the management of energy, sanitation, healthcare, security, and a building’s eco-footprint.

The world’s premier cities and architects are competing to design and build highly interconnected smart environments where people, government and business operate in symbiosis with spectacular exponentially improving technologies such as big data, the Internet of Things (IoT), cloud computing, hyperconnectivity, artificial intelligence (AI), robots, drones, autonomous green vehicles, 3D/4D printing, smart materials, and renewable energy. The architectural promise of future smart cities is to harmonize the benefits of these key disruptive technologies for society and provide a high quality of life by design. Some have already implemented smart city architecture and, as the concepts, experiences and success stories spread, the pursuit of smart will become a key driver in the evolving future of cities as communities and economic centres. Here we explore some of the critical trends, visions, ideas, and disruptions shaping the rise of smart cities and smart architecture.

Smart Cities – Purpose, Engagement and Vision

Continue reading “The Human, Smart and Sustainable Future of Cities” »

Check out the internal Google film, “The Selfish Ledger”. This probably wasn’t meant to slip onto a public web server, and so I have embedded a backup copy below. Ping me if it disappears. I will locate a permanent URL.

This 8½ minute video is a lot deeper—and possibly more insipid—than it appears. Nick Foster may be the Anti-Christ, or perhaps the most brilliant sociologist of modern times. It depends on your vantage point, and your belief in the potential of user controls and cat-in-bag containment.

He talks of a species propelling itself toward “desirable goals” by cataloging, data mining, and analyzing the past behavior of peers and ancestors—and then using that data to improve the experience of each user’s future and perhaps even their future generations. But, is he referring to shared goals across cultures, sexes and incomes? Who controls the algorithms and the goal filters?! Is Google the judge, arbiter and God?

Continue reading “Selfish Ledger: Google’s mass sociology experiment” »