Learning in 3D Nugget #8

Twitter Quote:
Today, insights drive innovation, and innovation drives profitable growth. These insights are generated from serendipitous knowledge accidents. p.21

Book Paragraph:
Today, insights drive innovation, and innovation drives profitable growth. These insights are generated from serendipitous knowledge accidents—the magic moment wherein expertise collides with opportunity and whole new industries are born. At the heart of the capacity to innovate is the ability to learn. An organization simply cannot innovate without learning something new. As has always been the case, a bright future for any enterprise depends on having access to bright people. As a result, the ability to instantly coalesce capability around an increasingly unpredictable set of market opportunities is the pre-eminent challenge of the 21st century organization.

Learning in 3D Nugget #7

Twitter Quote:
As the webvolution continues to pervade society and industry, we move from “business-as-usual” to “business unusual.” p.20

Book Paragraph:
As the webvolution continues to pervade society and industry, we move from “business-as-usual” to “business unusual.” Corporations, academic institutions, and government agencies that wish to remain vital and viable in this increasingly interconnected and complex economic landscape will need to determine how to integrate the power of social production into the very fabric of their enterprises.

Learning in 3D Nugget #6

Twitter Quote:
“Do you work for eBay or does eBay work for you? The web is becoming an economic platform that allows individuals to operate independent of the enterprise.” p. 16

Book Paragraph:
Today, social production is being leveraged much less by the traditional enterprise than it is by the entrepreneurial start-up. These pioneering entrepreneurs are creating and leveraging social production–based platforms for their own benefit as well as for those who participate in their use. These platforms are built on economic models that incent participation without requiring employment. eBay works for eBayers, not the other way around. The deeper we go into the webvolution, the more we will witness the devel- opment of economic platforms that allow individuals to operate independently of enterprises to generate value propositions that result in income..

Learning in 3D Nugget #5

Twitter Quote:
“Today the web allows for the on-the-fly orchestration of capable and independent entrepreneurs around a given endeavor.” p. 16

Book Paragraph:
Social production is the means by which a software operating system or a digital encyclopedia can be created without the need for a large centralized hierarchy. In essence, the web platform itself allows members to participate in a given endeavor as much or as little as they choose. In the past such forms of social production were limited and bounded in nature. Computer hobbyists in a given city might have gathered monthly to discuss the potential of a new operating system. They might even work together to develop some code. However, now that this kind of work activity can be aggregated and coordinated via the World Wide Web, it is starting to produce significant economic impact. Today, these platforms allow for the orchestration of capable and independent entrepreneurs around a given endeavor, where they can create and capture value from others who participate on that platform.