New series intro: trends, disruptions, frontiers, hacks

New series intro: trends, disruptions, frontiers, hacks

It seems appropriate to begin a new series at the beginning of a new year. In this episode, David and Justin introduce a new series named “Purpose, trends, disruptions, frontiers, and hacks”. Notes from the show:

  • Dave: Now that I am consulting full time, I still make it a habit to see what various thought leaders are seeing in the year to come from their point of view. In the past few years, however, because of this digital revolution and the interconnectedness of everything, new words are very common. In addition to the word trends, you read a lot about disrupters, frontiers, and hacks. That will be the name of our new series we are beginning today: trends, disruptions, frontiers and hacks.
  • This time of year, everyone is a prophet – just check out Linkedin and all of their “top 10 predictions for the new year”. Check out some top digital trends for 2017 from Forbes:
    1. Augmented Reality – ushered in from pokemon go
    2. Live video streaming – FB live, Snapchat (first presidential debate was streamed live)
    3. Data visualization tools
  • Disruptions have been accelerating because the digital revolution is changing everything, and represents an inflection point in history- a time when many industries are being disrupted simultaneously. An example of this is the typewriter, the LP, the newspaper, the television (almost).
  • Top disruptors in 2016: Uber, Airbnb…
  • Frontiers have always been around, but many of them are in the digital space today. As the editor of the MIT/Sloan management puts it. “TECHNOLOGY pervades organizations across the globe, yet organizational life form, thus far, has transformed relatively little as a result; the way we lead organizations even less so. I believe that is a about to change, and is the new frontier we face.”
  • Check out The Structure of Scientific Revolutions by Thomas Kuhn…great read on change and the notion of frontiers
  • The guru of management hacks is one of our favorite authors, Gary Hamel. He says to tackle big, thorny, boundary pushing proposals for challenging the way organizations work and leaders lead – from strategy to allocating resources, to rewarding and compensating workers requires hacking management as we know it.
  • A hack can be simple like a better way to run meetings to complete overhaul of systems in an organization. It must however, turn management on its head and offer a pathway forward to progress.
  • Make your “hacks” come from a place of constancy (business fundamentals such as consumer behavior) instead of from a place of variability (like pinning your future on Pokemon Go)

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