For decades, enterprise software has been designed to support business processes. These business processes were defined by the organisation. The organisation's management model was based on the Web 1.0 proprietary hierarchy. As we have described many times before, the world is in transition from Web 1.0 proprietary hierarchies to Web 3.0 open networks. The following article published today suggests that 2012 will be THE transition year. Extract: ICT 2012 outlook – The end of business as we know it!, The Rust Report, January 23, 2012 According to Andrew Milroy, Vice President ICT Research Frost & Sullivan in 2012, we will witness the end of business as we know it. The relationship between ... Read More
Archive for ‘Equity Market 3.0’
23 January 2012 Category: 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), The rise of Asia No Comments 
I have just published a new presentation at :slideshare: titled "MANAGEMENT 3.0: An open source software update to digital, community ecosystems (from analogue, proprietary hierarchies) across organisation, industry, national and global endeavours". I have also establish the Management 3.0 group to provide an example of organisational sub-groups. Please register and join the Management 3.0 public group to discuss, contribute and collaborate. :slideshare_m3_large: This is part of the Beyond Bureaucracy Challenge.
Read More11 January 2012 Category: Central Brain building blocks, Climate stability 4.0, Critical path to Web 4.0, Democracy 3.0 and global governance 4.0, 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, Web 1.0 Intellectual property vs. Web 3.0 Community knowledge, Web 1.0 proprietary hierarchies vs. Web 3.0 community networks No Comments
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
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
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
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
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
19 July 2011 Category: Critical path to Web 4.0, Democracy 3.0 and global governance 4.0, Economic development, Equity Market 3.0, Open letters No Comments
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
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
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
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
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
6 June 2011 Category: Equity Market 3.0, Stock exchanges 1.0 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
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Copyright 2011 Open Networks Institute
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
27 May 2011 Category: Democracy 3.0 and global governance 4.0, Economic development, Equity Market 3.0, Open letters No Comments
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
13 August 2009 Category: Central Brain assembly, Central Brain building blocks, Critical path to Web 4.0, Digital Ecosystems, Economic development, Equity Market 3.0, Health 3.0 National industry and patient medical record collaboration, 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 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
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
8 June 2009 Category: A Personal Central Brain, Central Brain assembly, Critical path to Web 4.0, Digital Ecosystems, Economic development, Equity Market 3.0, Free software and Open source, Industry collaboration (Central Brain), Web 1.0 proprietary hierarchies vs. Web 3.0 community networks No Comments
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
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
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?
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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.
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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.
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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
Price Waterhouse’s Technology Forecast (Summer 2008) provides some commentary on the emergence of Web 2.0 type online social networks in the enterprise. The report offers an insight into the elements that drive Web 2.0. It does, however, not identify compelling reasons for the enterprise to adopt the principles of Web 2.0. I have expanded on the concept of Web 2.0 and offer an insight into what Web 3.0 and Web 4.0. A survey in the report also states that 51% of the Global 2000 are buying Web 2.0 solutions. However, it would be interesting to understand the proportion of these projects that are small solutions like “wikis” or disruptive platforms that deliver enterprise innovation or industry innovation.
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Copyright 2008 Open Networks Institute
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.
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Copyright 2008 Open Networks Institute
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