Category - global

August 07, 2009

Calling innovative graduates

NESTA and BT are kicking off a new collaborative innovation programme aimed at the corporate graduate intake.  Graduates in Partnership was inspired by a small group of enthusiastic BT graduates who had the idea that good things could happen if high-potential young professionals from different companies were given the opportunity to network with their peers on other graduate schemes.  Here is the programme plan:

Event 1 - 13th August 09
Shared Agenda: Discuss the key business issues affecting economic grow

Event 2 - 22nd September 09
Shared Innovation: Develop, in collaboration with a diverse range of skills and perspectives, cutting edge innovative solutions to the agreed business issue.

Event 3 - Date TBC

Shared Solutions: Present the business propositions to influential figures in industry, and pitch for sponsorship for delivery.

Graduates in Partnership builds on other NESTA Connect programmes (see Corporate Connections or Open Alchemy) which have experimented with putting together unlikely partnerships bewteen corporates in different fields of business. 

It will be up to the graduates to represent their companies and come up with shared opportunities and problems and then make things happen back at the ranch.  Our aim is for real new products and services to arise from these collaborations - this is definitely NOT just a training exercise. 

If you're a grad or run a scheme there are still one or two place left for the first event on the 13th August.  Just book a place here to join the likes of BT, IBM, News International, Barclays, Accenture, Nissan and Pfizer. 

Graduates in Partnership Launch

“This programme is a really exciting new take on collaborative innovation.

It will foster our talent at the same time as creating links across

business that will continue to provide benefits in years to come.”

Paul Excell, Chief Customer Innovation Officer

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December 02, 2008

Connecting Dots and Valuing Networks

Dots

“More people, sharing more resources, in new ways, is the history of civilisation.”

The above quote comes from Howard Rheingold's 2002 book Smart Mobs and its sets a suitably grand tone for this post that I‘ve been chewing over for a while. I’ve always been interested in new way of connecting & networking & relationship building and recently have been spurred on to write this post by 3 unrelated events, described briefly below:

  1. Amplified08 – A ‘network of networks’ event that brought together 250 people and 40+ creative and technology led networks from across the UK. A self organised conference that is anticipated to be the first of many, that sparked lots of commentary and excitement. See here for various blogs and here for the huge volume of comments on twitter.
  2. V-Jam – A Virgin Atlantic innovation workshop to explore the future of air travel and in particular the role that social media can play. The event brought together a diverse group including lots of their customers, suppliers, partners, and various other interested parties. Again, this sparked much commentary on blogs here and on twitter here.
  3. Learning Dreams – A small gathering hosted by Tessy Britton to hear about a successful scheme that has been running in Minnesota for over a decade, led by Dr Jerry Stein, which has been successful in building a more joined up education system in the state.

In each case many people were very excited by the events themselves (myself included) and the opportunities that the events and networks presented. However in each case there was also a significant minority asking the valid question ‘well what was the point of that?’. To be more precise, what I think they meant by this was ‘what real transactions occurred on the day?’ or ‘what commercial/social value was created?’. However I think this is possibly the right question at the wrong time, and misses the immediate value of networking.

Conversations first, then relationships, then transactions

There is a sequence of activities that occur in networks that can seldom be bypassed. Namely you start with lots of conversations, some of which will lead to a smaller number of some kind of relationships. Eventually, and almost certainly long after the first time people met, some transactions may follow that create value, be it commercial or social.

Therefore to judge an event by the number of transactions on the day misses the point. I think you can only observe the conversations and relationships that were created. Over the longer term you may be able to analyse the transactions that followed but this is still very hard.

  • In the case of Amplified08, the number of conversations sparked before, during and after the event, leads me to conclude that a host of new relationships were formed and transactions will follow. On that point alone I judge it a huge success. Whether Amplified exists as a network in 12 months time is not the point and whether it could have been managed a bit better is undoubtedly true but not what’s important.

  • Regarding V-Jam, I think the event represented a big shift in the way Virgin engage with their customers, suppliers, and various other partners and interested parties. It also sparked a host of conversations and should be perceived as a success. I am fairly confident that this will lead to an array of new projects and transactions but it’s too early to specify what these will be.

  • In the case of Learning Dreams, Jerry Stein (the lead protagonist) almost innately felt compelled to connect up all the disparate education organisations and services. But it started with him going door to door to chat to excluded students and their parents, and the value/transactions followed later. He has been very successful and it is a model that is being copied elsewhere including in Britain. 

Our Big Hairy Audacious Goal for Britain

I kick started proceedings at Amplified (see qik video here - apologies for the terrible audio) setting the following big hairy audacious goal:

"to make Britain the most connected country on the planet"

Now I know how difficult that is and had my doubts about saying it out loud (it’s not very British to be so bold is it but then again I’m not very British - I’m happy to explain my gene pool separately to anyone who is interested). However I am certain of the value that it would create for Britain. If we could achieve this goal, or even get anywhere close. I actually think that Britain is already something of a hub in the global economy culturally, economically, geographically and financially, and so it is realistic.

However, the value of networks is, by definition, highly distributed, and therefore it is seldom in any one person or organisations interest to support them. This is where public institutions like Nesta may have a role to play in connecting the dots, people and networks for the wider societal and economic good.

Connecting the Dots - a mathematical interlude

The theme at Davos this year, I'm reliably informed, is ‘Connecting the dots’ which is interesting but who know what those clever and influential people will talk about. But allow me to start with some simple maths that might help. Here are 47 dots connected in 3 different ways.

RAND networks

There are lots of different ways in which they could be connected but there appear to be 3 main different ways as follows:

a) hub and spoke - to me looks like the Britain's motorway or high speed rail network

b) multi hub - to looks like the global energy network (oil and gas)

c) distributed - looks like the network upon which the internet is based

In fact, this chart comes from this classic paper, that was very influential in determining how the internet infrastructure should be distributed to maximise safety.

Anyway, looking at these 3 different ways of connecting, and thinking much more widely than just internet technology, I think we've got too much a) and b) and not enough c). The problem is, c) has lots of supposedly random links that are often considered redundant and costly.

Towards a Distributed Innovation Ecosystem

For innovation to flourish in a country or a place, requires the contribution of many actors, from universities, to corporates, to small companies, to public sector institutions etc. However looking at the supposed innovation ecosystem in most countries, there is a at best a multihub network where universities, governments and corporates have undue power.

I would argue that good ideas come from anywhere and we need a much more distributed (along the lines of picture c above) economic and social landscape to allow these to flourish. This has numerous implications for intellectual property regimes and other structures which are more than enough for another blog post so I won’ t go into that here.

Our mindset needs to change from ‘what’ to ‘who’

We have seen the cost and speed of accessing information plummet over recent years, decades, centuries. I believe that in the not to distant future we can essentially assume that access to all information will be freely available to all (who have internet access - I‘m well aware of the 5bn who don‘t). And I do mean all.

Now much of this information will be classed as misinformation and much of it will infringe all kinds of peoples intellectual property so I’m not suggesting this is a universally good thing. However I think that if this happens, then it will require a major shift in the way individuals and organisations perceive themselves and create value.

Currently we identify ourselves (as individuals or members of organisations and institutions) based on our knowledge. It’s just what we do. However if access to all information is freely available then it is never more so a question of ’who you know, not what you know’. And by this I really don’t mean some kind of closed old boy network. In fact is quite the opposite. It’s very much an open and global network.

In future we will create value not on the basis of our knowledge, but on the basis of how we can leverage our relationships or social networks to capitalise on the information that we all have access to. This will not be easy but I would argue that those unable to make the shift will be left behind.

What’s Next? – Network Value

To try to assess the value of networks or events such as Amplified, V-Jam or Learning Dreams based on the transactions that occurred on a particular day is to miss the point and value of networking. There are a variety of ways we can connect the dot, people and networks and I would argue that we must strive to maintain diversity and distribution in the networks we create, and foster, so as not to further entrench existing silos.

I’ve heard somebody say recently, and I can’t remember who I’m afraid, that 20 years ago companies couldn’t quantify the value of their brand, which they now can through a variety of methods. It’s called ‘Brand Value’ and it tends to be the biggest number on the balance sheet for companies like Coke. What needs to happen now is a similar shift from knowing that networks are important, to being able to quantify the value of our networks – our ‘Network Value’. There have been fledgling attempts at this over the years e.g. the net promoter score but I’m aware of some of the concerns with this and needless to say our understanding of how to calculate ‘Network Value’ this needs to get much more sophisticated.

And Finally…

I’m not sure quite how to summarise all of the above but needless to say it’s important to me, and the work we do at Nesta Connect. As always I’d be really interested in the thoughts or feedback of others.

Needless to say I think networks are increasingly crucial and we should set ourselves as big hairy audacious goal to make the UK the most connected place on the planet (whilst being aware and welcoming that other countries will have, or may already have, the same objective).

So as connectivity continues to grow exponentially, it up to us to understand what this means socially, economically and politically; to continue to build networked organisational models that better share risk and reward, and to share what we are learning.

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October 22, 2008

Collaborative Models in the Film Industry

I love film festivals, and the London Film Festival is one of my favourites.

This year, NESTA is sponsoring a London Film Festival Fringe event, called Power to the Pixel. Director Liz Rosenthal describes the event as looking “ahead to where the power of the internet and digital platforms can offer new opportunities for those creators and companies that can no longer effectively function within the old film business model”.

Of course, there are plenty of traditional film businesses trying to understand these opportunities also.

Showcased at Power to the Pixel were some of the most innovative creative and business tools from around the world. Here are some of them:

PlaceVine – brings content creators and brand owners together to create sponsored content. Check out Shane Meadows Somers Town for an example. Would you guess that his short film was fully funded by Eurostar?

M dot Strange – talked about how to make a $70 million (style) feature film in your bedroom, and then show the world how to do it for yourself via YouTube. He uses his social network of admirers as zombie extras who then virally market the movie. And then they subtitled it into 17 languages. For free.

Wreck a Movie – gives film-makers a platform to crowd-source their own production using social networks. Timo Vuorensola explained how he and some friends went from space cadets in Star Wreck: In the Pirkinning to selling war bonds to fund animated feature that satirises Moon-based Nazis in Iron Sky.

All of the talks will be up on the Power to the Pixel website soon.

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October 21, 2008

Embracing Chaos & Connectivity

Chaos_4 I recently watched an excellent documentary on BBC4 called 'high anxieties: the mathematics of chaos' (still available on iplayer) which essentially tells 3 interwoven histories over the last 100 years or so, namely:

  1. Chaos theories in mathematics
  2. Economic theories and models
  3. Climate change theories and models

To cut a long story short, the main message is that  we have repeatedly make the mistake of believing that the world behaves like a big pinball machine with predictable causes and effects. However in reality, mathematics and science include inbuilt chaotic behaviour which we generally choose to ignore as it's too unsettling.

More specifically, what the 3 histories show us is the following:

  • The is potential for chaotic behaviour almost everywhere
  • the more connected a system is, The more likely that chaotic behaviour occurs that system (be it mathematical, economic, climate etc)
  • The more you drive/push/grow a system, the more likely chaotic behaviour will occur.

Now I can't see our global connectivity decreasing any time soon; in fact I think it can only increase. Therefore assuming chaos is generally something we strive to avoid/manage in economics or our climate, this suggests to me that we need to rethink our attitude to relentless growth.

Ever the optimist I believe we need to embrace this ambiguity and chaos, not ignore it, and be more wary of certainty. Perhaps we should learn to live with ambiguity from unexpected sources such as artists, the slow movement and mathmeticians. But then again i'm not certain.

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October 17, 2008

Extreme collaboration take 2: Resistance

Resist_6 What do you get when you bring together a film maker and actor (Gael Garcia Bernal, Motorcycle Diaries & Babel etc), a human rights campaign director (Colm Ó Cuanacháin, Amnesty International) and a supposed expert on web technology (err...that would be me then apparently), all ably facilitated by Wai Mun Yoon, a digital strategist and all round renaissance man?

The answer is a great little event yesterday called Resist which sought to understand how communications networks shift the way we understand poverty and our power to resist its causes?

The outcome was a great discussion which also involved a fair few people chipping in questions from the web, all feeding in to the development of a film with Gael and filmmaker Marc Silver are producing and due to come out in 2010.

It was an unusual gig for me, and different to what I usually get involved in, but one I enjoyed all the more so because of the different perspectives that fed into the discussion, and not the usual suspects to talk about these topics. The webcast is available here if you want to take a look. I hope to be involved going forward and urge you to take a look too and get involved too.

By the way, this post builds upon a previous post on this blog here, which seeks to illustrate what we mean by extreme collaboration which underpins all of our work here at Nesta.

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October 09, 2008

What is the right size to thrive in a recession?

One of my favourite observations of the last couple of days comes from James Cherkoff who runs his own small business who asks:

"What do I say the next time my commercial bank asks for a solid business plan?"

Pot calling kettle, and all that. Anyway, the current crisis really demonstrates how everything and everybody is linked to everything else. And in particular that trust (between large financial institutions) is the bedrock upon which the 21st century networked economy is all about.

So our economic fate is increasingly intertwined with others and we are experiencing our first real networked global recession as Charlie Leadbeater says. This obviously means we have to find £400bn pounds when our banks get too creative, but it also creates plentiful opportunities if we know how to embrace them. So, ever the optimist, I am wondering whether, can we turn this to our advantage given the diversity and connectedness of the UK.

Desperation is the father of necessity (with necessity being the mother of invention) and it may well be the smaller agile businesses who can find the bigger opportunities in the next 12 months, though obviously the corporates ought to find it easier to whether the storm i.e. Small is Beautiful but Big is Powerful.

The crisis is a fascinating reminder for large swathes of the population (and estate agents) in how markets can go down as well as up, but more importantly is possibly a once in a generation opportunity to really radically redesign and rethink our politics, economics, and society for the better.

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September 11, 2008

Video and final stab at social networks and cities

Nlab Readers of this blog or attendees at Nesta's recent events will have heard me, or others talk about the theme of 'social networks as the new cities'.

I don't intend restart this discussion again in detail but for anybody who is interested, find here a video of a talk I gave earlier in the summer at the NLab conference in Leicester, on this topic.

It's something of a stream of consciousness exploration of the subject but hopefully gives a flavour of my point of view. Namely that cities arn't just simply analogous to social networks, but rather some of the functions that cities provide (proximity, economies of scale, random interaction etc) are now increasingly being provided by social networks.

And most importantly, we are only just beginning to see the impact on our cities and places which will be profoundly impacted by the web, just as they have been historically by other disruptive technologies.

Anyway, enough on that, but as always I'd be interested in any thoughts and feedback as ever.

PS. Thanks again to Sue Thomas for curating the event and inviting me to attend.

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September 08, 2008

Big science and the $6bn dollar man

Higgsboson This Wednesday will finally see the start of the biggest experiment in human history, the Large Hadron Collider (LHC) at CERN. It has cost somehwere in the region of $6bn so is understandably getting lots of questions asked about how to justify such mind boggling expenditure.

The classic response to these sort of questions is to say that Big Science projects like CERN/LHC have led to all kinds of major commerical spin-offs. For example, the world wide web was invented at CERN, and famously not patented. However to judge something based on it's unintended consequences is a strange justification. A much tougher sell is the fact that the discoveries that result from big science may often not pay back for decades or even centuries. Creating space for that type of research requires foresight but also considerable political courage and conviction.

One of the major scientific discoveries at the LHC is prediced to be the discovery of the Higgs Boson, sometimes called 'The God Particle'. This is the particle which is what gives matter it's mass. You could well ask 'is that worth $6bn?', but I think that's the wrong question.

On a personal aside, Peter Higgs was one of my professors at Edinburgh University and it was the toughest course I ever did, but very satisfying in a very geeky 'maths as a performance art' kind of way. Anyway, we'll hopefully know soon if he was right and hand him a nobel prize.

I believe we live in an overly productivity obsessed age and we don't have the space to think/innovate in a our public and private organisations. I think we need the foresight and investment into big science where the outcome is deliberately unknown and unclear. To paraphrase Tim Berners Lee, 'If we knew where we were going, it wouldn't be called research'.

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August 06, 2008

Virtual Skyscrapers

Virtual_skyscaper_2 There was an interesting article by Anil K Gupta in today's telegraph where he argues that the long-standing symbol of the business world, the corporate HQ, will soon be no more. The days of an all-powerful, single location, world headquarters are numbered.

And yet the world is becoming simultaneously flatter and more spiky at the same time (see here). Many organisations are becoming increasingly distributed and outsourced. This fits with the fact that over 40m US citizens are self employed 'free agents' and 20% of UK workforce will soon be working from home.  And many corporations already have their 'real' HQ's in far less glamorous locations for all sorts of practical reasons, so the central London HQ on the 50th floor is often less about the central hub and more about status and symbolism. 

So the demand for sky scrapers appears to be every increasing, but with the distributed organisation perhaps we need to invent virtual skyscrapers too.

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July 09, 2008

TBL and events, dear boy, events

It all came and went in a bit of a blur in the end.

Sir Tim Berners Lee came to Nesta yesterday to talk about the Future of the Web, joined by Charlie Leadbeater (Author) and Andy Duncan (Channel 4). The webcast is available here. I think he's the most important person we've had at Nesta in the 18 months. Nobody else has done more for innovation or collaboration in my view. And yet he was so down to earth yet clearly very passionate about his subject even though he must talk about it publically nearly every day.

It also formed the launch of a project which we are supporting called the Web Science Research Initiative. It quite rightly seeks to study the web as a complex system in it's own right. It's at a vague but exciting stage right now and feel excited about the prospect of being part of it.

I didn't particularly enjoy the event in the end, mainly as I was somewhat preoccupied with observing other peoples thoughts via the twitter backchannel. For me, incorporating twitter was a partially successful experiment and one we can build on, but I'd rather be listening in future. I was however rather delighted to be able to ask a question on behalf of a chap in Iceland.

Others have criticised the panel and discussion format, however I think it's always a very tricky balance between the big themes and big name speakers (which draw people in) and the more detailed discussion and intimacy that we also want. In restricting Tim's talk, we aimed to give more time for discussion but in hindsight I think some people, myself included, would prefer to have just basked in the presence of a great innovator and heard more from him without interruption. However it was, as with everything else, an experiment, from which we will learn continue to play around with.

Tim said something about not underestimating the potential of humanity connected, and it is that very un-british, ambitious and optimistic note upon which I'd prefer to focus on.

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