What do organisations look like in 2030, 2050 or 2100?

Business Leaders from the 80’s and 90’s will be the first to tell you that in the last 38 years business as usual has been rather unusual. The organisation has changed dramatically a few times and at a pace that has been much more rapid than ever before. The lifespan of top companies (Fortune 500, S&P 200, FTSE 100, etc.) has been declining with the rise of tech companies which are now some of the most valuable companies in the world.

Organisations have changed from large people centred ecosystems to ecosystems which are a mixture of technology and people. With the rise of AI and Robotics the outlook is that the technology portion of the organisation will continue to rise. Simple repetitive task will be able to be replaced by computers opening up the opportunity for much more efficient production of work and therefore a lower cost of the goods or services produced.

Whilst we gather more and more data from devices we must make sure that we do not forget about the human element of the equation. Humans remain a vital part of the ecosystem of an organisation and it is more important than ever for the ecosystem to be understood by all the participants within the ecosystem.

If we look out to 2030, 2050 or 2100 what will the organisation look like? Will companies be completely decentralised and distributed? Will be have full time employment? Will education look the same or will we continuously learn and re-skill? These are all questions to consider. We do not have a crystal ball and therefore cannot make an exact determination but I highly recommend that you think about these questions and continue to learn more.

I recently attended a webinar with Peter Diamandis and Kai-Fu Lee where they spoke about Dr Lee’s new book AI Superpowers. Dr Lee shared these very interesting diagrams about AI’s impact on certain job roles. I have seen this before in a TED talk that he gave. What do you think, is this correct? How can you take advantage of this in your business?

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Attention African Startup Founders

Are you a Startup Founder or someone who wants to solve a problem in Africa? If this is you then I want to grab your attention. We are living in the 21st Century and therefore it is important that you take this into account when starting up your venture. Organisations in the 21st century need to use Exponential attributes to ensure success.

I have written about these attributes before and have included a diagram of the elements below for a refresher.

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This image is supplied courtesy of ExO Works

It is vital that you have an MTP as this will ensure that you are working towards a purpose that moves you and is inspiring. If you want to determine what that purpose is you can use the Ikigai to help you.

I highly recommend that you follow these steps when creating a new business:

Step 1: Create an MTP (Massive Transformative Purpose)

Here is a tool to help you do this

Step 2: Create or Join a Community

Physical/Virtual, look at what is out there on Meetup / Eventbrite or others. Remember that you need to offer value before pushing your agenda. Read Jab Jab Jab Right Hook to understand this. BTW check out DIY Drones it is a great example of a community.

Step 3: Build a Team

Most successful startups are 3-4 people in the beginning. The team needs the Visionary/Dreamer; Finance/Business; Programmer/Engineer; User Experience/Design. What is vital is that you all agree on the MTP

Step 4: Create the Breakthrough Idea

Be bold, ask the community, make a difference

Step 5: Build a Business Model Canvas

Here is a tool to help you do this

Step 6: Find a Business Model

Read Kevin Kelly’s Article better than free 8 ways to make money when the base service is free to give you some ideas

Step 7: Build an MVP

Remember that your minimum viable product is just the basics that will solve the problem

Step 8: Validate Marketing and Sales

Use Design thinking and Agile Methodology

Step 9: Implement External Attributes

These are the SCALE Attributes

Step 10: Establish the Culture

It is important to do this when you are small. You can go with an Idea Meritocracy, Holocracy, or your own hybrid but create principles about how you want to run the organisation, this ensures implementation of IDEAS and SCALE.

Step 11: Ask Key Questions Periodically

This is to check you are following the Exponential Organisational method and building what you want to.

Step 12: Build and Maintain a Platform

This will allow for the best use of all the data you collect and build and use the network effect.

I will go into more detail with regards to these steps over time, I highly recommend that you read Exponential Organizations as well as Bold. These are two books that will ignite your mind to the many possibilities and the opportunities when solving massive problems and then how to go about doing that. The framework described here is straight out of Exponential Organizations.

If you find this helpful then share it and comment.

So what are Exponential Technologies anyway?

In 1965 Gordon Moore wrote a paper in which he described the phenomenon that the number of transistors in a dense integrated circuit doubles about every two years. This is what has become known as Moore’s Law. We have all seen the picture of the IBM 5MB Hard drive in in 1956 vs an SD card. This doubling has resulted in exponential growth.

 

data stprage evolutionThis exponential growth is now happening in a number of technologies, and these are exponential technologies that we are talking about. Singularity University describe these as below:

Exponential technologies are those which are rapidly accelerating and shaping major industries and all aspects of our lives.  For a technology to be “exponential,” the power and/or speed doubles each year, and/or the cost drops by half.

Exponential technologies include artificial intelligence (AI), augmented and virtual reality (AR, VR), data science, digital biology and biotech, medicine, nanotech and digital fabrication (3D printing), networks and computing systems (incl. IoT, cloud), sensors (incl. wearables and insidables), robotics (incl. drones), blockchain, energy,  and autonomous vehicles.

As described above there are a number of technologies that are on exponential growth curves and when these are combined it is providing extremely disruptive products and services which are changing the way that we live.  For examples the winners of the Tricorder X Prize have leveraged the exponential growth in sensor technology, artificial intelligence, machine learning, cloud computing, networks, etc. to develop handheld devices that can diagnose multiple diseased better than a doctor.

Having an understanding of these exponential technologies and how they are affecting the world that we live in is vital to be relevant in the 21st century. If you are running a business now or are looking to start something new it is more important than ever to understand what exponential technologies you can leverage.

David Rose quote

I look forward to sharing more on this topic and many others.

The road is changing

Changing road

Shit is about to get real. I have made a decision that I am going to become more active in sharing online through this blog as well as through other mediums. The reason for this decision is that I have decided to move away from the certainty of a solid stable income (Working primarily with Wealth Migrate) to a life of more freedom to work longer hours… consulting in the Exponential and crowdfunding space and building a brand called PIONEERtribe. In the 21st Century business looks different from what many of us know and I know that I will remain within the ecosystem of sharing and abundance in which Wealth Migrate finds itself.

So you can expect to have regular sharing of exponential technologies, business strategies, travel, motivation, my life, my opinion, fun, etc. I am looking to grow a community of people that have the same values as myself and a vision of the 21st century that is good and focuses on benefiting the planet  with ABUNDANCE.

PIONEERtribe blue with black

PIONEERtribe is a community of 21st Century Entrepreneurs changing the way society functions:

  • We are people who love technology and what it is doing to make the world a better place
  • We are people who believe in abundance and look for the best in all situations
  • We are problem solvers
  • We are constantly learning
  • We are global
  • We are authentic
  • We love to travel
  • We are exponential thinkers
  • We live with purpose

If this is something that excites you then let me know and I will see you on the journey. PIONEERtribe will be launched later this year with a bunch of content and sharing. For now I am building that up.

Here is to an amazing future that is full of opportunity for everyone. A future in which African economies are robust and technology is ubiquitous. A future that is community driven and full of excitement and fun!

 

2017

What an interesting year I have had in 2017. Many exciting things that happened a few disappointments but most importantly understanding more about myself and what I am capable of as well as the fact that the world is full of people who want the best for themselves, their families and their community. In 2017 I started my own company with Rikki Jack and left the confines of permanent employment. I worked long hours and looked after my body, well at least for the first 9 months of the year. I was not as creative in terms of visual design work as spare time was at a premium. 2017 saw the birth of two more Nieces and sadly the passing of my Gran, an amazing woman who is such an inspiration.

I was privileged to end the year off with a great deal of travel, something that I have wanted to do for a long time. I visited 10 different countries (France and Switzerland don’t count I guess as I did not leave the airport) on 27 flights going around the world three times, flying for one week.

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All the Travel was for work with Wealth Migrate launching global offices and attending blockchain events. The travel was on three separate trips.

Trip 1

  • London for a week, flew in through Dubai
  • Dubai for 3 Days
  • Athens for 3 days where I spoke at a conference on Crowdfunding in Africa
  • London for 4 more days, the flight was through Zurich both ways but I did not get to leave the airport.
  • Athens for one day before flying back to Cape Town through Dubai

Trip 2

  • Atlanta for 2 days
  • New York for 3 Days
  • Connecticut for 2 days to visit my Aunt, Uncle and cousins there, some for the first time in many years
  • Las Vegas for 5 days
  • London for 2 days
  • Gibraltar for 3 days I actually stayed in the Alcaidesa Marina, La Linea de la Concepción, Spain
  • London for 2 days after which I flew home through Paris but unfortunately could not leave the airport.

Trip 3

  • Brisbane for 5 days
  • Sydney for 18 days with my Brother and Sister and two amazing Nephews
  • Tokyo for 5 days
  • This trip was with Emirates so went through Dubai on both ends of the trip

This travel was my first international travel so talk about starting off with a bang :-). Travel should be compulsory for people to do in order to get an understanding of the world that we live in, the fact that we are all more similar than we think and that a global viewpoint is so powerful. I would recommend to anyone to travel, the world is so full of opportunity and traveling abroad gives you massive perspective.

I read and listened to some amazing books for the first time in 2017: The Upstarts, Stealing Fire, The hard thing about hard things, Leaders eat last, Whats your moonshot and busy with Finding my virginity. I also reread some of my staple favourites such a Bold, Exponential Organisations, Anything you want, Positive Intelligence, The code of the extraordinary mind and Pitch Anything.

As part of my 2018 goal and vision setting I have made it a point to write more things down whether these are public in the form of this blog or whether it is just in private will remain to be seen.

Have a fantastic 2018!