Business Transformation

People Are Corporations Too

by Dan Robles on August 13, 2011

Wow what a week. I though that I heard it all until Mitt Romney said “Corporations Are people”. Actually, I admire Mr. Romney but I do struggle with this interpretation for his sake and those who he represents – and possibly an opportunity lost to rise above the noise.

In a way, Mitt provides us with a looking glass into the fundamental differences between the rich and the poor. The rich see themselves as the proxy for the prosperity of the poor. Meanwhile, the poor see themselves as the proxy for the prosperity of the rich. Neither side admits that they need each other, but I won’t pretend that I can solve this argument any time soon.  However, allow me to suggest that the winner of the debate will be the one that can evolve above the paradox.

The following video discusses how many components of a corporation – and government – are being duplicated in Social Media. The beauty of is that this great social innovation is available to anyone including the rich, the poor, the corporations, and the government. Oh, but wait – if the UK shuts down social media, they will effectively shut themselves out of the paradox, not evolve from it…Ooops. Be careful, Mitt.

So here is a video I made last year which, in a way, validates much of what we see playing out before us in politics, business, and social media.

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Virtual Hub And Spoke System

by Dan Robles on July 26, 2011

The Hub and Spoke system is a time honored formation of commercial aviation. People accept hub and spoke as the most rational way to organize people and planes much like they accept the corporation as the best way to organize production of goods and service.

Meanwhile, social media is challenging every assumption that we hold dear to our hearts as new applications role out which steadily increase the ability for people to organize their selves.

The newest applications such as Google + show us that people are the hub and their various forms of social networks are their spokes. A person has a group for their family, one for their friends, their colleagues, their schoolmates, etc.  While G+ fatigue may wear in as people get tired of classifying their casual contacts, the real value of G+ may arise in the intentional Organization of people for social and financial efficiency.

The similarity between the airport and G+ Hub and Spoke is not a casual coincidence.  There is a very real and physical connection between the way people organize themselves in social media and the way they organize themselves in corporate production and the way their organize themselves in air transportation systems.

Suppose we make the analogy that the person in the center is the customer, the circle that they belong to is the market, and the person in the market is a client.  The analogy hold when we try to “preserve college friendships”.  College is the social market and the friend is the mutual client relationship where the currency is a social currency.

The analogy is still very young, but it is truly profound.  This way of thinking will drive a form of social organization that may rival corporations, government, and even international boundaries.  It is also no coincidence that Social Flights has been modeling this analogy for the 2 years since we first started developing our business plan.

Today, Social Flights is working on some important concepts for defining Travel Tribe Leader functions.  The objective is to duplicate the function of a “concrete” hub and spoke system denominated in dollars with a virtual hub and spoke system denominated in social currency.

Network Characteristics of Travel Tribe leaders:

  • Each Travel Tribe Leader is responsible for 10-20 city pairs from their own location.
  • Two travel tribe leaders for each city pair (one located at each point)
  • Travel Tribe Leader creates revenue by matching people and places
  • Builds tribal/shared knowledge
  • Redundant, opportunistic, and fault tolerant
  • Ideally suited for Twitter, Google + and Facebook Distribution Channels

Conclusion:  The organization of people it figuratively (with G+) and literally (with corporations) is the exact same thing.  This will become obvious when people discover the necessity to organize their selves into productive communities in the absence of corporations and government.  But why wait – we can, and we will use social media to form a new system of social organization.

Citationhttp://www.slideshare.net/padday/the-real-life-social-network-v2

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America’s Uncivil War

October 30, 2010
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I am terrorized by the notion that Americans will turn against Americans. The problems facing this nation are so complex, so controversial, and so far reaching into the past and the future that it is unlikely that any intelligent person is more qualified than any other intelligent person to hold the highest office. Barrack, Hillary, Sarah, John, would all have the same pressures pushing back on every move leading them down 95% similar paths. None could be better and none could be worse – we’re officially in this together.

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80/20 Rule: The Value of Human Interaction

October 25, 2010
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Viewpoints in this riddle differ based on the perceived definition of money and value. Wall Street would say “Yes”, but Main Street would say “No”. In fact this brings into question the order of how we assign value in our world.

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The Social Value Game

October 19, 2010
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Most applications of game theory are controlled from in-house or deployed against a competitive landscape. The Value Game is deployed external to the corporation and in a cooperative landscape where rewards are given to those who organize people around a “highly leveraged product” in valuable ways.

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American Day Dreams

October 14, 2010
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This video is from an extraordinary Seattle Musician named Aaron English. I have known Aaron for several years and follow all of his work. He is always up to something completely interesting. Aaron can say more in 4 minutes that I can say in 100 blog posts.

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Tattle-Tale Economics

October 2, 2010
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Social Media has become another casualty of the broken financial system where people fight for artificial scarcity. It is no longer a means to empower and enlighten, it is becoming another means to exploit and oppress.

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Outsourcing Fail

September 28, 2010
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If you take away one of the components, the others become worthless. If you destroy one component, the entire structure could fail.

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The Investment Banker Vs. The Innovation Banker

September 22, 2010
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Together with the financial banking, these two system engage in the dance of the virtuous circle of innovation enterprise. Apart, they collapse into the swirling cesspool of eternal debt and infinite interest (pun intended).

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Calculus for Dummies and Capitalists

September 20, 2010
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everyone already knows Calculus, they solve differential equations all day long – they just don’t know that they already know

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An Economic Paradigm Breaks Down

September 2, 2010

Land, labor, and capital are no longer effective proxies for human productivity, creativity and intellect – end of story. We need to stop talking about social media as if Monetization is some kind of mystery.

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The True Value Calculation

September 1, 2010

The True Value Calculation is the expanded ROI of a business venture which includes the positive and negative impacts on a much wider body of stakeholders in the sum total of viability.

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Intellectual Property In the Cloud

August 31, 2010

Wall Street is quite happy collecting the royalties of the creative people in America – those people who actually produce something real and tangible. Social media is a social contract and Intellectual Property is our tangible currency.

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The Definition Of Innovation Must Change

August 30, 2010

Most good ideas can’t find a place to be profitable in a silo, so they are scrapped. This is not the fault of talent or the idea, but invariably, both are lost.

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An IPO For Humanity

August 26, 2010

The Ingenesist Project tries to string this all together with just enough specificity so that an alternate financial system will jump start itself and become both visible and available to everyone.

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Google CEO Warns of Information Armageddon

August 21, 2010

In an interview with the Wall Street Journal, Google CEO Eric Schmidt warns of the future consequences of social media and networks, and the vast amount of personal data that users put out there on the Web.

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Please Vote for The Ingenesist Project; SXSW

August 18, 2010

We sincerely encourage our readers to vote for this presentation. It promises to be hugely compelling, deeply controversial, and boldly disruptive.

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Social Capitalism and The Innovation Bond

August 18, 2010

It follows to reason that all of the innovation that could return somewhere between 10% and 1000% goes largely un-capitalized. Now, suppose that an innovation bond were to come along which produces a risk adjusted return of, say only, 15% per year denominated in a fungible currency, investors would seek refuge in the Innovation Bond.

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Securitization of Social Currency

August 17, 2010

This new security, called the innovation bond, will become the basis for a new social currency

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System for The Monetization of Social Capitalism

August 11, 2010

Tweet Exoquant.com Currency is a device used for the storage and exchange of Value.  Two characteristics of modern money are the abilities to Capitalize and Securitize the currency.  In fact, Wall Street touts a specialized professional precisely for that purpose – they are called “Quants” This video introduces a very similar form of mathematics that [...]

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Social Capitalism: The Value Game

August 9, 2010

The Value Game introduces a new class of business plans that will define Social Capitalism as a distinction from Market Capitalism rather than simply an extension of Market Capitalism

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The Knowledge Inventory: You Can’t Make A Bet Without Odds

July 22, 2010

The knowledge inventory is the most important part of Social Capitalism. It is also the only piece that will require everyone to think substantially differently about how we are organized in communities. Once we can get over that hurdle – it’s smooth sailing into the next economic paradigm.

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What is Social Capitalism?

July 19, 2010

Social Capitalism is where factors of production in an economy are purely human and technological and less structural:. Specifically, social capital, creative capital, and intellectual capital deployed outside the construct of the prevailing corporations or governments.

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The Next Great Leap for Social Capitalism

July 17, 2010

The next great leap in Social Media will happen when people reorganize themselves in an external knowledge inventory, outside of corporations, and segmented in high granularity of knowledge assets in close proximity to each other. Entrepreneurs can then assemble people in unique, efficient, and productive ways. People will then build things for profit using a new currency – a new social currency.

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