We he d to become agile learners or we will become extinct!
The worlds leading thinkers, Singularity University in Silicon Valley, estimate that in the last 10 years we have advanced just 1% of the technology revolution, in the next 15 years we will move the next 99%.
- Information intelligence not information management
- Platforms to enable new value chains and integrated ecosystems not IT systems management
- Business transformation and accelerated growth not cost management
Ivan Kaye – Leaders will have to have “big visions” because if they want to keep their best staff they need to inspire, enthuse and engage.
millenials just want to have fun!!!
- Reputation management…the percentage of companies value derived from intangible assets increased from 17% in 1981 to 89% in 2011 and will continue to increase
- Risk profile and risk management…investment in environmental management will substantially reduce a firm’s perceived risk and increase stock price from 5% to 25%.
- Employee recruitment, motivation, and retention… In 2013, 56%, and predicted to rise rapidly, of employees take into account a company’s ethics when deciding to take, or remain in a job, increasingly critical in high skill talent shortage (Ivan Kaye – Tim Draper says that entrepreneurs need to have that big idea- that vision – that why – to engage, enthuse and inspire not only their investors, but also their best and brightest people – because engineers just wanna have fun! )
- Investor relations and access to capital…corporate focus on environmental and social criteria now acetter financial performance than companies without such focus. This will become increasingly important.
- Learning and innovation…corporate citizenship objectives encourage creativity and innovation and continuous learning, which leads to bottom line benefits. (Ivan Kaye comment:- Heather Mcgowan talks about the importance of continuance learning and learning agility to ensure the longevity of an organisation. (BBG – beyond the future of work)
- Competitiveness and market position…research clearly shows that a rapidly increasing, and now a majority of consumers, form their impression of a company on the basis of its corporate citizenship practices rather than on brand reputation or financial factors.
- Operational efficiency…reducing material use and waste saves money, as well as reducing the environmental impact which leads to direct improvements on the bottom line
- License to operate…companies with a good reputation for corporate citizenship will increasingly fare much better in the face of labor or environmental issues.