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PWC: Collaborative Digital Enterprise (CDE) business and industry model will emerge as a template for success over next 5 years

I reviewed the Global entertainment and media outlook: 2011-2015. It states that over the next five years, successful enterprises will become an "interconnected collaborative digital ecosystem" with technology becoming the enterprise and facilitating collaboration across the industry. Technology ceases to be a isolated enabling element. Technology defines collaboration across the enterprise and industry. The :centralbrain: is an enterprise or industry platform. Examples of industry platforms are available at :em4: and :ed4:. I offered an initial overview of the :centralbrain: as an enterprise platform in my Management 3.0 M-Prize application. I need to provide a clearer explanation on Management 3.0 in greater detail and will do that in the next few weeks. I ... Read More

 

Could Google+ be the foundation for Economic Development 4.0?

A member of my Google+ circles asked me the following question: Marcus, I was reading much of your website and your theory on Web 4.0. In the last week, I've said that once Google integrates all of it's entire App products (Business+Education),Gmail, Google Docs, etc into Google+, it will set the foundation for Web 4.0. I feel that G+ isn't going to be a social network, but will actually bring about another Web reformation (Web 4.0). When I came across your website today, it surprised me at how much your theory and your supporting graphic supported my belief. Do you also see that in Google Plus? I thought I would share my ... Read More

 

UN call for revolutionary thinking and action to ensure an economic model for survival… How to make this happen?

I stumbled across the following LinkedIn discussion. UN call for revolutionary thinking and action to ensure an economic model for survival... How to make this happen? Extract: Warning for global suicide and time running out, Ban ki-moon called last Friday at Davos for revolutionary thinking and action to ensure an economic model for survival. What is needed to take a global interconnected perspective on the issues and threats our planet is facing and start action? How can this gain traction and produce the desired effect? “To make it happen we have to be prepared to make major changes – in our lifestyles, our economic models, our social organization, and our political life. We have ... Read More

 

Australia 4.0: The NBN needs a National Application Network (Web 3.0 social, political and industrial “Central Brains”) to coordinate and achieve national innovation, collaboration, productivity and outcomes

NOTE: I posted this article in the LinkedIn NBN Group. I have added it here as a post. If you could create a “Central Brain” (or Facebook) in 5 days to focus the effort and wisdom of 2 Billion people, what problem would you solve? What social, industrial or political endeavour would you transform? Australia's National Broadband Network (NBN) will connect 20m people in a faster network. The NBN appears to rely on a "build it and they (ie benefits) will come" approach. Australia needs a complementary and proactive National Application Network (NAN) strategy to reconfigure what we do and how we do it for national benefit. We should reconfigure our community ... Read More

 

I submitted three McKinsey-HBR M-Prize competition “Hacks” today … it’s an open innovation project to reinvent management!

I have submitted three 'Hacks' to the McKinsey-HBR M-Prize today: :listbegin: Management 3.0: The Web 3.0 "Central Brain" to coordinate innovation, collaboration, workflow and outcomes across industry and across the world Economic Development 4.0: A 'Central Brain' to organise community innovation, collaboration, wisdom and effort to prioritise and achieve global outcomes Equity Market 4.0: A 'Central Brain' to organise community innovation, collaboration, wisdom and effort to achieve a global capital market :listend: You can review them by clicking here or one of the links above. I would welcome your contribution About MIX (Management Innovation Exchange) Extract: What is the MIX? An open innovation project... The Management Innovation eXchange (MIX) is an open innovation project aimed at reinventing management for the 21st ... Read More

 

Every country and innovation ecosystem needs a “Central Brain” to coordinate innovation, collaboration, workflow and valuable outcomes

A social network could provide a “helicopter view” to understand and a “central brain” to focus a country’s innovation ecosystem on outcomes. It is today’s solution for yesterday’s problem. Specifically, Equity Market 4.0 could be used to connect and coordinate a community with a common interest in managing an innovation ecosystem and maintain diversity that may be lost with centralisation. The community would need to be large enough and dispersed enough to warrant the use of a Web 3.0 network. Equity Market 3.0 could be delivered within 5 days and customised for use with 30-90 days. It could be used by a country, group of universities, industry associations, research organisations and their partners or globally.

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Copyright 2011 Open Networks Institute

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Who spawns and cradles Economic Development 4.0? The Earth Institute is a good candidate and catalyst …

Quick summary of :ed4: (The :ed4: presentation is embedded at the end of this post) :listbegin: :ed4: is how the world works after applying :w3: (or Facebook) networks to social, industrial and political endeavours :w3: person to person networks overcome the design limitations of :w1: hierarchies to deliver global transparency, meritocracy, productivity, accessibility and better decision making We can create the Web 3.0 networks on the :criticalpath: to :ed4: in 90 days. We will need the world's entrepreneurs, philanthropists and statesmen to engineer and inspire their use One global :w4: network can replace local :w1: hierarchies. Examples include :edemocracy:, fueling the growth of SME’s with :em3:, :c3:, :united: and :hi3:. Other potential :w4: networks include ... Read More

 

Why Open Letters? They explain the role of each person on the critical path so the crowd can assess merit, arrange contact or replace

Open letters are a crued Web 3.0 network in a world that does not have Web 3.0 networks. A Web 3.0 network allows a person to see through a community to see the value of a connection before they connect. The tags would identify (1) who they are, and (2) what they want to do. It is my objective to create :em3: and :ed4:. In Web 3.0, I would search for organisation and people with specific tags that indicate they can and are likely to want to build :em3: or :ed4:. I would spend an afternoon searching for the right people with tags, share my ideas collectively, ask the ... Read More

 

Open letter to Stock Exchanges: Equity Market 3.0 is better, faster and cheaper than mergers

I am writing to you to offer a "turnkey" :em3: network as a potential strategy. An :em3: strategy is better, cheaper and faster than industry consolidation and could be delivered in five days and publicly available in 90. Stock exchanges are the ideal place to engineer and inspire the use of :em3: for national and international benefits. This article discusses: :listbegin: the reasons driving the accelerating wave of Stock Exchange mergers or industry consolidation how an :em3: strategy achieves all the benefits of stock exchange consolidation at a fraction of the cost in a fraction of the time how an :em3: strategy simply returns the stock exchange to its roots in "Exchange Alley" as a ... Read More

 

Open Letter to Bjorn Lomborg: Web 3.0 networks overcome Web 1.0 limitations to prioritise and implement global solutions

Your :ted: presentation on prioritising the solutions to global priorities was insightful. Innovation is incremental and I wanted to offer :w3: networks as a structure that overcomes the design limitations of :w1: to deliver a more effective means to prioritise and implement solutions to the many problems confronting our world. :w3: networks are a disruptive design that overcome the limitations of Web 1.0 The Web 3.0 network “Design” applies Web 3.0 principles to all social, industrial and political endeavours to create Web 3.0 networks or structures using a cloud-based open source content management system to tag and link the people and content within a community of common interest to facilitate information distribution, ... Read More

 

My 2nd HBR-McKinsey M-Prize Application for Economic Development 4.0

This is my second application in the M-Prize competition. The first was for :em3:. My :ed4: M-Prize application can be reviewed here. The M-Prize In the first leg of the Harvard Business Review-McKinsey M-Prize for Management Innovation, we’re inviting management innovators from around the world, in every realm of endeavor to share the most progressive practices and disruptive ideas that illustrate how the governing principles and tools of the Web can make our organizations more adaptable, innovative, inspiring, and accountable. Do you have an instructive case study (a Story) or an experimental design (a Hack) that demonstrates how Web 2.0 values (including transparency, collaboration, ... Read More

 

Open letter to Google.org and its volunteers: Please help engineer global SME growth (equitymarket.org), climate stability, health and Economic Development 4.0!

I read with interest about the objective of Google.org below: Google.org projects are created for the purpose of addressing a social challenge and serving the public good. Our goal is to find engineering solutions to global challenges such as climate change, clean energy and global health. We focus on activities that take full advantage of Google’s engineering teams, global infrastructure and user-driven approach, while drawing on Google’s ability to innovate and scale. The purpose of this letter is to introduce three opportunities to engineer a :w3: networks that provide solutions to specific global challenges. The :w3: networks that may interest :googleorg: or its volunteers are: :listbegin: :united: is :w3: community to engineer global ... Read More

 

Open Letter to George Soros: Web 3.0 thinking about democracy, economic development and financial markets (equitymarket.gs)

Mr George Soros Chairman, Open Society Institute I read with interest about your initiative to inspire a new way of thinking about economics. I studied Economics at University and maintain an avid interests in geostrategy. I appreciate the need for new ways of thinking and behaviours to deliver a more stable approach to economic management and financial markets. The purpose of this letter is to introduce three :w3: networks that encourage different modes of thinking and behaviour in democracy, financial markets and economic development: :listbegin: :edemocracy: (nationally) and :united: (internationally) to provide a new, community driven approach to democracy and global governance. This approach may be consistent with the objectives of the Open Society Foundations. :ed4:: ... Read More

 

We can trust the “Wisdom of Crowds” to run the world!

I am reading the book "Wisdom of Crowds by James Surowiecki". :em3: and :ed4: aim to create global :w3: networks that aggregate communities of common interest to focus effort and make collective decisions using the :wisdomofcrowds:. The :wisdomofcrowds: aggregated through :w3: networks are likely to make wiser collective decisions than those currently made by single members of the group. :w3: networks facilitate the four conditions necessary to facilitate wise collective decision making - diversity of opinion, independence, decentralisation and aggregation. In summary, we can rely on the :wisdomofcrowds: to run the world using :w3: networks on the :criticalpath: to :ed4:. I have extracted some paragraphs for your convenience, but encourage ... Read More

 

Open letter to Richard Branson: Revolutionising investment banking (equitymarket.vg), revolutionising financial markets (financialmarket.co.uk) and Economic Development

Sir Richard Branson I read with interest about your initiative to Change the face of banking. There is also an enormous opportunity in re-casting the equity market, or investment banking industry, by applying social networking concepts to recast service delivery through the internet. An online industry network for the equity market can bring together companies, advisors and investors in an online space where they can collaborate and distribute information to facilitate the growth of small and medium enterprises. This is called :em3:. The purpose of this letter is to introduce the opportunity for Virgin of applying Equity Market 3.0 to fuel the growth of SME's and the :bvi: financial centre. The venture ... Read More

 

ASX has the perfect Stock Exchange 1.0 iPhone app … just one change makes it perfect for Web 3.0!

The ASX has an IPhone application which is the perfect complement for a stock exchange 1.0. The content of Stock Exchange 1.0 is limited to prices and announcements.  The ASX IPhone app means a person can monitor prices, but much more interestingly receive "push" notifications when new content (IE: an announcement) is released to the market. In my experience of the app, a new announcement was received by my IPhone within 5-10 minutes. It only needs one change to make it the perfect Stock Exchange 3.0 IPhone app - multi-content! :em3: manages the content of the equity market. Notifications of changes or new content with "push" notifications is an essential feature. ... Read More

 

Application to TED: A Twitter now and a speaking slot in 2012?

Dear Chris TED is an inspiration. The journey of an entrepreneur is lonely and TED has provided inspiration, energy and a feeling that I was not alone. I have derived much from the TED community and I would like to share four ideas with the TED community - :em3:, :ed4:, the :criticalpath: and :united: (to deliver "Ideas worth creating"). The purpose of this email is to ask you: to consider broadcasting these ideas on your Twitter account (now) in 2011 to consider this application to speak at TED in 2012 to share the outcome of my efforts to crowdcreate :em3: in 20+ financial centres and inspire :ed4: by June 2012 Crowdcreating Equity Market 3.0 in ... Read More

 

Open letter to the Ruler of Dubai: Web 3.0 networks to accelerate financial market growth (EquityMarket.ae) and economic development

An Open Letter to The Ruler of Dubai and President of the Dubai International Financial Centre regarding EquityMarket.ae, an Equity Market 3.0 network

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Copyright 2011 Open Networks Institute

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My HBR-McKinsey M-Prize Application for Equity Market 3.0

The M-Prize In the first leg of the Harvard Business Review-McKinsey M-Prize for Management Innovation, we’re inviting management innovators from around the world, in every realm of endeavor to share the most progressive practices and disruptive ideas that illustrate how the governing principles and tools of the Web can make our organizations more adaptable, innovative, inspiring, and accountable. Do you have an instructive case study (a Story) or an experimental design (a Hack) that demonstrates how Web 2.0 values (including transparency, collaboration, meritocracy, openness, community and self-determination) can be unleashed to overcome the design limits of Management 1.0—and help to create Management 2.0? My application for ... Read More

 

The Management 2.0 Challenge

It has been a long journey. I suspect that the era of Web 3.0 networks has arrived. A series of recent articles has made me come to this conclusion. However, a particular article has excited me. It is simple to understand and excites me with the prospect that that global adoption of Web 3.0 is about to start. The article is  Gary Hamel’s challenge essay which he wrote for Harvard Business Review-McKinsey M-Prize for Management Innovation on 24th may 2011. I will extract some of the key paragraphs, but the entire essay is insightful and concise and I encourage you to read the original here . Extract: Over the last decade, the Internet ... Read More

 

A consumer and device point of view of Web 3.0

This video approaches Web 3.0 from a consumer and device perspective. I approach Web 3.0 from the perspective of industrial and political structures with a specific focus on applying Web 3.0 to financial markets and economic development.

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Copyright 2009 Open Networks Institute

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Enterprise software to run an entire enterprise … ready in 10 minutes!

According to Wikipedia, Enterprise Requirements Planning (ERP) software is "intended to manage all information of functions within a company or business". "Examples of modules in an ERP which formerly would have been stand-alone applications include: Product lifecycle management, Supply chain management (e.g. Purchasing, Manufacturing and Distribution), Warehouse Management, Customer Relationship Management (CRM), Sales Order Processing, Online Sales, Financials, Human Resources, and Decision Support System."- Wikipedia. ERP software from proprietary vendors can be very expensive and take months to implement. My web site is devoted to applying Web 3.0 to economic development. A key building block underpinning the emergence of Web 3.0 is open source software. I wrote an article about How ... Read More

 

Web architectures and cloud computing provide a tremendous opportunity for evolution and innovation

I just watched a presentation at Gartner called SOA, the Web and the Cloud: Big Decisions about Application Architecture. I encourage you to view the original presentation. It highlights the tremendous opportunity to evolution and innovation by applying Web architectures and cloud computing to the way applications are designed. I will try to outline some of those principles for the non-technical below and then outline the importance of these principles in applying key elements of a Web 3.0 online network to economic development.

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Copyright 2009 Open Networks Institute

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Opera browser (now server) could also unleash Web 3.0

A few days ago, the open source browser project Opera released the version 10 of its web browser. This version, called Opera Unite, introduces a major new function that will probably be incorporated into all browsers. Opera Unite extends the browser that reads web pages from the internet, with a web server that publishes information to the web. In short, it facilitates direct peer to peer (or browser to browser) communication between browsers in real-time. Google Wave and Opera Unite facilitate peer to peer in Web 3.0. They do it in different ways. Google Wave appears to have a a superior value proposition, but ultimately it will depend on how, and how many, third party applications are integrated into each platform.

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Copyright 2009 Open Networks Institute

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Google Wave may unleash Web 3.0 and achieve 90% penetration in three years

Email was created 40 years ago and provides specific means for people to communicate. It mimics the conventional postal service. Wave is Google’s attempt at how we should communicate given technology today. It provides a new means and a new workflow to communicate. Google Wave may be a masterful strategic move by Google that integrates a range of their online technologies and triggers a paradigm shift. The impact of Google Wave is revolutionary. It could render desktop office productivity software obsolete as workflow and content is managed online. It could also render existing open source and commercial email servers obsolete. Corporates will bypass much of the Web 2.0 point applications and implement Google Wave for an immediate productivity improvement.

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Copyright 2009 Open Networks Institute

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Challenges and Web 3.0 opportunities for stock exchanges

The current global financial turmoil will transform the world’s financial markets. Inevitable changes will no longer be delayed and will be implemented with increasing urgency in an overdue restructure of financial markets. The traditional stock exchange will no longer be sheltered from their obsolescence by increasing trading volumes, cost cutting or preferential treatment from local regulators. This article introduces the Web 3.0 stock exchange.

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Copyright 2008 Open Networks Institute

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I.O.U.S.A is a Web 2.0 online political network promoting Web 3.0 government

I.O.U.S.A. is a Web 2.0 online political network created by the Peter G. Peterson Foundation asking citizens to “encourage” the US government to move beyond Web 1.0 government opportunism and implement a Web 3.0 government that pursues sustainable, solvent and fully funded policies.

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Copyright 2008 Open Networks Institute

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The start of Web 3.0 Edemocracy in Australia?

I was in Canberra today to participated in the strategic review of a mobile payments company.A friend provided an introduction to Dr Jonathan Gray, Senior Researcher, e-Government Initiative at NICTA. I was able to meet Jonathon straight away. I demonstrated the EDemocracy prototype and provide a link to further information at the Web 3.0 Edemocracy network or a Web 3.0 Climate Stability network. I will need all the help I can get. I am hoping a Web 3.0 transparent approach will allow people interested in my projects and opportunities to find me. We can then assemble a community to create the Web 3.0 online networks on the path to Web ... Read More

 

Let’s transform the world in 365 days

We need to build the Web 3.0 online social, industry and political networks on the critical path to Web 4.0 and pull in the next stage of financial markets, economic development, environmental sustainability, awareness, life, work and global governance. We need five online networks to solve the worlds problems by 2012 or we decline into conflict for generations. A global community could transform the world in 365 days by building the Web 3.0 online networks on the critical path to Web 4.0.

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Copyright 2008 Open Networks Institute

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Regulated capitalism: replace? more regulation? Web 3.0 tweaks?

Regulated capitalism is the last man standing. We have no choice but to make it work. We must, however, acknowledge that regulated capitalism has failed its citizens comprehensively. The failure of regulated capitalism is equal to the collapse of central planning. The communists recognised their system had failed and chose to implement something else. Will capitalists do the same? Or will we try to save the status quo at any price? Will bailouts move on to other “too big too let fail” activities that prevent the operation of creative destruction?

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