My recent entry in the Beyond Bureaucracy Challenge Part 2 of the McKinsey HBR M-Prize is called the The Beyond Bureaucracy Challenge. I have lodged a entry The Management 3.0 "Central Brain" platform enables integrated Digital Ecosystems spanning organisations, industry, national and global endeavours. Please read, comment and rate the entry here. This entry was created in December 2011. The current version of this document will be maintained at this page on my blog. Background: Part 1 of 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 ... Read More
Archive for ‘Capital allocation and remote services’
29 December 2011 Category: A Personal Central Brain, Capital allocation and remote services, Central Brain building blocks, Climate stability 4.0, Critical path to Web 4.0, Democracy 3.0 and global governance 4.0, Digital Ecosystems, Economic development, Equity Market 3.0, Free software and Open source, Health 3.0 National industry and patient medical record collaboration, Industry collaboration (Central Brain), Open letters, Peak oil water food resources and leadership, Web 1.0 Intellectual property vs. Web 3.0 Community knowledge, Web 1.0 proprietary hierarchies vs. Web 3.0 community networks No Comments 
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.
Copyright 2011 Open Networks Institute
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
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
13 June 2011 Category: Capital allocation and remote services, Climate stability 4.0, Critical path to Web 4.0, Democracy 3.0 and global governance 4.0, Digital Ecosystems, Economic development, Equity Market 3.0, Health 3.0 National industry and patient medical record collaboration, Open letters, Peak oil water food resources and leadership No Comments
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
10 June 2011 Category: Capital allocation and remote services, Central Brain assembly, Climate stability 4.0, Critical path to Web 4.0, Democracy 3.0 and global governance 4.0, Digital Ecosystems, Economic development, Equity Market 3.0, Free software and Open source, Human awareness and development, Open letters, Peak oil water food resources and leadership, Web 1.0 Intellectual property vs. Web 3.0 Community knowledge, Web 1.0 proprietary hierarchies vs. Web 3.0 community networks No Comments
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
8 June 2011 Category: Capital allocation and remote services, Climate stability 4.0, Critical path to Web 4.0, Democracy 3.0 and global governance 4.0, Digital Ecosystems, Economic development, Equity Market 3.0, Health 3.0 National industry and patient medical record collaboration, Open letters, Private equity and venture capital, Stock exchanges 1.0, Web 1.0 Intellectual property vs. Web 3.0 Community knowledge, Web 1.0 proprietary hierarchies vs. Web 3.0 community networks No Comments
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
7 June 2011 Category: Capital allocation and remote services, Critical path to Web 4.0, Democracy 3.0 and global governance 4.0, Digital Ecosystems, Economic development, Equity Market 3.0, Open letters, Private equity and venture capital, Specialist financial centres, Stock exchanges 1.0, Web 1.0 Intellectual property vs. Web 3.0 Community knowledge, Web 1.0 proprietary hierarchies vs. Web 3.0 community networks No Comments
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
7 June 2011 Category: Capital allocation and remote services, Critical path to Web 4.0, Democracy 3.0 and global governance 4.0, Digital Ecosystems, Economic development, Equity Market 3.0, Health 3.0 National industry and patient medical record collaboration, Open letters, Web 1.0 Intellectual property vs. Web 3.0 Community knowledge, Web 1.0 proprietary hierarchies vs. Web 3.0 community networks No Comments
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
6 June 2011 Category: Capital allocation and remote services, Climate stability 4.0, Critical path to Web 4.0, Democracy 3.0 and global governance 4.0, Digital Ecosystems, Economic development, Equity Market 3.0, Open letters, Private equity and venture capital, Specialist financial centres, Stock exchanges 1.0, Web 1.0 Intellectual property vs. Web 3.0 Community knowledge, Web 1.0 proprietary hierarchies vs. Web 3.0 community networks No Comments
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
3 June 2011 Category: A Personal Central Brain, Capital allocation and remote services, Central Brain building blocks, Climate stability 4.0, Critical path to Web 4.0, Democracy 3.0 and global governance 4.0, Digital Ecosystems, Economic development, Equity Market 3.0, Free software and Open source, General, Human awareness and development, Industry collaboration (Central Brain), Open letters, Peak oil water food resources and leadership, Web 1.0 Intellectual property vs. Web 3.0 Community knowledge, Web 1.0 proprietary hierarchies vs. Web 3.0 community networks No Comments
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
Copyright 2011 Open Networks Institute
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.
Copyright 2008 Open Networks Institute
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.
Copyright 2008 Open Networks Institute
12 November 2008 Category: Boom then depression by 2012, Capital allocation and remote services, Climate stability 4.0, Critical path to Web 4.0, Declining markets, Democracy 3.0 and global governance 4.0, Economic development, Equity Market 3.0, Health 3.0 National industry and patient medical record collaboration, Human awareness and development, Peak oil water food resources and leadership, Private equity and venture capital, Specialist financial centres, Stock exchanges 1.0, Web 1.0 Intellectual property vs. Web 3.0 Community knowledge, Web 1.0 proprietary hierarchies vs. Web 3.0 community networks No Comments
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?
Copyright 2008 Open Networks Institute
5 November 2008 Category: Boom then depression by 2012, Capital allocation and remote services, Climate stability 4.0, Critical path to Web 4.0, Declining markets, Democracy 3.0 and global governance 4.0, Economic development, Equity Market 3.0, Peak oil water food resources and leadership, Web 1.0 Intellectual property vs. Web 3.0 Community knowledge, Web 1.0 proprietary hierarchies vs. Web 3.0 community networks No Comments
I just lodged five applications to the Knight Foundation’s News Challenge. My applications can be reviewed here. An overview of the Knight Foundation is provided below. A summary of my applications are available below.
Copyright 2008 Open Networks Institute
Web 1.0 delivered the internet and connected large numbers of people. Web 2.0 demonstrated the technology to assemble and manage large global crowds with a common interest in social interaction. Web 3.0 will apply online network concepts to industry, economic development, climate stability, poverty and democracy. Web 3.0 online networks allow people to see through the community or market and facilitate collective matching, learning and consumption in hours (not months). Web 4.0 achieves a critical mass of participation in online networks that deliver global transparency, governance, distribution, participation, collaboration in key industry, political, social and other community endeavours. Web 4.0 delivers community sovereignty to channels and information.
Copyright 2008 Open Networks Institute
26 October 2008 Category: A Personal Central Brain, Capital allocation and remote services, Central Brain assembly, Climate stability 4.0, Critical path to Web 4.0, Democracy 3.0 and global governance 4.0, Economic development, Equity Market 3.0, Health 3.0 National industry and patient medical record collaboration, Industry collaboration (Central Brain), Web 1.0 Intellectual property vs. Web 3.0 Community knowledge, Web 1.0 proprietary hierarchies vs. Web 3.0 community networks 1 Comment
The United States government could make a profit on its “bailout”. Bailout is an emotive term that is popular in an environment of fear and uncertainty. The primary fear being that the funds will simply replace losses in financial institutions and be government expenditure. The US government would be buying residential mortgages with an exposure to residential property prices that have a recoverable value in the future. Residential mortgages are a safe and predictable asset class (as a portfolio). The US government could make a profit – it depends on three things.
Copyright 2008 Open Networks Institute
4 October 2008 Category: Capital allocation and remote services, Declining markets No Comments
Poverty is a complex issue. Poverty is a complex issue. It has a wide variety of causes that include trade, HIV/AIDS, unserviceable debt, investment capital allocation and immigration laws. Many efforts to change the situation rely upon influencing or changing opaque channels. This has proven to be ineffective. The Millennium Goals could be achieved if we act now. However, these goals won’t be achieved if we continue to try to influence Web 1.0 opaque channels. We need to transcend “opaque channels” by applying the key elements of a Web 3.0 online network to create online communities that focus and coordinate collective energy.
Copyright 2008 Open Networks Institute
The US system has collapsed. Failed financial firms are trying to convince the government to invest in them. The selling proposition? – “too big to let fail!” Understandably, the US congress are making further enquiries before writing a cheque for US$800 billion dollars. The US already terminally insolvent – even with unprecedented growth it can not repay its debts. Another US$800 billion won’t push it over the edge. It passed the edge a while back. A private receivership committee may have been formed in international markets. It will operate in “opaque channels”. A private online political network would be essential coordinate timely international activities amongst US creditors. The aspirations of the average American remain the same. They can be sold a “story” by mainstream media that permits further avoidance of debt repayments or justifies activities that acquire international “leverage”. An E-democracy online network and/or a US insolvency online network could be used to inform the US public. Maybe, they will assume responsibility, or maybe they would prefer not to know.
Copyright 2008 Open Networks Institute
There is no excerpt because this is a protected post.
Copyright 2008 Open Networks Institute
The primary ego on the world stage today is the US – its excessive consumption, insolvency, military aggression and use of 60% of the world’s savings make it the world’s most gluttonous consumer. Its military acquisition of the worlds resources may be the greatest strategic move in history. It provides resources to pay back unserviceable debts and leverage other countries on the global stage. However, the destruction of relationships in the process will crowd out an opportunity to deliver a sustainable future for the planet. Unrelenting ego by the US may win the resource wars, but the destruction of global relationships in the process sacrifice the opportunity for a sustainable future. An online network may not save the world, but could a collective conscious network.
Copyright 2008 Open Networks Institute
2 May 2008 Category: A Personal Central Brain, Capital allocation and remote services, Climate stability 4.0, Critical path to Web 4.0, Declining markets, Democracy 3.0 and global governance 4.0, Economic development, Human awareness and development, Peak oil water food resources and leadership, Web 1.0 Intellectual property vs. Web 3.0 Community knowledge, Web 1.0 proprietary hierarchies vs. Web 3.0 community networks No Comments
We need to deploy five online political, industrial and social networks to avert disaster by 2012. Existing structures that rely on proprietary ownership of information, distribution channels, institutions and regional approaches are unable to solve our most pressing problems. Even if they could solve the problems, they are simply unable to coordinate a global endeavour in a rapidly closing timeframe. I had previously written that online networks could be delayed for up to 50 years by three epic battles. In some aspects of our global community, we can wait 50 years (and there is only an opportunity cost). However, for some specific problems, online networks need to be built, acquire a significant audience, and achieve their objective by 2012.
Copyright 2008 Open Networks Institute
1 April 2008 Category: A Personal Central Brain, Boom then depression by 2012, Capital allocation and remote services, Central Brain building blocks, Climate stability 4.0, Critical path to Web 4.0, Declining markets, Democracy 3.0 and global governance 4.0, Digital Ecosystems, Economic development, Equity Market 3.0, Health 3.0 National industry and patient medical record collaboration, Human awareness and development, Industry collaboration (Central Brain), Peak oil water food resources and leadership, Private equity and venture capital, Specialist financial centres, Stock exchanges 1.0, Web 1.0 Intellectual property vs. Web 3.0 Community knowledge, Web 1.0 proprietary hierarchies vs. Web 3.0 community networks No Comments
Recent market turmoil is likely to eliminate the growth on stock exchange trading volumes. This growth had driven the growing revenue of stock exchanges in the last five years. Cost cutting has also contributed significantly to profitability. With growth unlikely and further opportunities for cost reduction minimal, stock exchanges will now seriously consider other strategic initiatives. Collaborative hubs are likely to be at the top of the list.
Copyright 2008 Open Networks Institute
At its simplest, the business of stock exchanges is the matching of buyers and sellers of quantities of shares. At its more complex are important functions of settlement and custody. The industry could, however, run on a single computer anywhere in the world and offers a very narrow niche of functionality for the equity market. Most of the stock exchange infrastructure in the world is obsolete. It could also be suggested that much of the software that runs enterprises is also obsolete. If the software is not obsolete, it could be replaced or rebuilt at a fraction of the cost. Stock exchange consolidation may just combine redundant technology, declining customers bases and a redundant business model. This legacy may prevent new initiatives to provide greater access to the equity market for smaller companies. We may have a larger organisation with the same redundant business model with limited access to a niche of potential market participants. Will this new organisation provide greater access to capital markets for all market participants?
Copyright 2007 Open Networks Institute
Grant Thornton conducts an annual review of global growth markets. The report confirms a number of key trends. Capital markets are becoming more global and less regional, financial centres and specialising and certain stock exchanges are growing strongly. The most popular growth exhanges are in UK (AIM), Singapore, Hong Kong and Canada. Companies are becoming increasingly comfortable listing on foreign exchanges. This is contributing the the rise of specialist financial centres and global growth stock exchanges. The internet provides investors with transparency and direct access to information. Many stock exchanges and their closed information networks will struggle to find a niche in a globally connected world and free flow of information. Globally distributed online networks are likely to support growth companies and growth exchanges. Online networks will deliver the international companies, advisers and investors necessary to deliver liquidity to small exchanges that have been historically restricted to local business.
Copyright 2007 Open Networks Institute
Online networks which embody every facet of industrial, social and politcal aspects of our modern society are inevitable. They simply offer a superior way to interact and transact. The transition to a global community based around online networks will take six months, sixteen years or fifty years. The timeframe will depend upon the outcome of three epic battles. The battles are economic development vs geostrategy, community knowledge vs intellectual property, and online networks vs closed systems. Online industrial, political and social networks which are involved in these battles could be delayed for decades.
Copyright 2007 Open Networks Institute
22 May 2007 Category: A Personal Central Brain, Capital allocation and remote services, Central Brain building blocks, Climate stability 4.0, Critical path to Web 4.0, Declining markets, Democracy 3.0 and global governance 4.0, Digital Ecosystems, Economic development, Equity Market 3.0, Free software and Open source, Health 3.0 National industry and patient medical record collaboration, Industry collaboration (Central Brain), Peak oil water food resources and leadership, Private equity and venture capital, Specialist financial centres, Stock exchanges 1.0, Web 1.0 Intellectual property vs. Web 3.0 Community knowledge, Web 1.0 proprietary hierarchies vs. Web 3.0 community networks 4 Comments
The Centre for Freedom and Prosperity Foundation has released a paper which seeks to clarify the myth versus reality of tax havens. An extract from the paper is provided below.
Copyright 2007 Open Networks Institute
Open source communities have developed a critical mass of tools and are beginning to morph into the development of solutions. Amazon’s elastic cloud is a critical building block that will support the next wave of economic development. Moore’s law has been improving information technology at a rapid rate for more than 40 years. In isolation, each technology advance represents a rapid advance in a technology area. The combination of these technologies can now deliver a paradigm shift which presents new opportunities for economic development. This article is focussed on how elastic clouds and open source communities can provide virtual building blocks for business and social entrepreneurs building tomorrows disruptive structures.
Copyright 2007 Open Networks Institute
3 May 2007 Category: A Personal Central Brain, Capital allocation and remote services, Central Brain assembly, Central Brain building blocks, Climate stability 4.0, Critical path to Web 4.0, Declining markets, Democracy 3.0 and global governance 4.0, Economic development, Equity Market 3.0, Health 3.0 National industry and patient medical record collaboration, Industry collaboration (Central Brain), Peak oil water food resources and leadership No Comments
What if we did have cars that cost $25 and got 1,000 miles to the gallon? What if the Moore law rates of innovation and improvement could be applied to the world’s problems. What if Moore’s law rates of improvement applied to aircraft engines, car engines, carbon dioxide emissions, industrial pollution, cures for disease, energy and minerals usage, education and leadership. Our world is evolving. Advances in technology present new ways to organise. Online networks are likely to be a step forwards. An expansion of intellectual property laws is likely to be a step backwards. If there was a new way to deliver greater rates of innovation, we have a compelling need to solve specific global problems. We need to question that our underlying assumptions of how to organise.
Copyright 2007 Open Networks Institute
6 April 2007 Category: Capital allocation and remote services, Central Brain building blocks, Climate stability 4.0, Critical path to Web 4.0, Declining markets, Democracy 3.0 and global governance 4.0, Digital Ecosystems, Economic development, Equity Market 3.0, Free software and Open source, Health 3.0 National industry and patient medical record collaboration, Human awareness and development, Peak oil water food resources and leadership, Web 1.0 Intellectual property vs. Web 3.0 Community knowledge, Web 1.0 proprietary hierarchies vs. Web 3.0 community networks 1 Comment
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