Problems are often so complex and so integrated across the globe that no single person can accumulate in a lifetime the experience needed to manage effectively. Actions without wisdom have unintended consequences for yet unknown victims.
Posts Tagged ‘wisdom’
The Second Impression of Social Media
As we move away from the ROI valuation model for social media and adopt a more dynamic ‘options’ analysis, a different picture emerges. The next economic paradigm will emerge as a function of people exercising their options.
The New Economic Paradigm; Part 6: The Business Plan
The business plan of the innovation economy is very simple; it starts with the single transaction between two people. The lender provides information and the borrower combines the information with their existing knowledge to create more knowledge.
Who Owns Your Content?
The epiphany:
Something very interesting happened when Facebook changed their terms of service. People who use the Facebook platform (for free) organized themselves using the (free) platform to threaten the core validity of the same (free) platform. This could not happen in any other industry.
Saving face?
Ownership is largely characterized by the ability of one party [...]
Web 3.0; An Elephant Never Forgets
The opportunity for America reminds me of the elephant that is convinced since birth that the slender rope tying him to the fence post is stronger than he. When the elephant grows up, he still believes the rope is stronger even though the elephant now has gained the strength to pull the whole building down. [...]
Social Enterprise; The Vetting Mechanism; #1
I read many articles with rants like “all this social network stuff is cool – but show us the money”. Innovation Economics offers a way to see new markets and new businesses that are currently hidden by “the old way” of doing things. This article is part of a series called ‘Business Plans of [...]