Before I get into the industry
news that everyone's covering today, I'd like to post a few final thoughts on the
Premier Business Leadership Series in Vegas.
I never did get a chance to talk with Don Tapscott, author of
Wikinomics, but I did attend his keynote presentation and was impressed with how thorougly he summarized the book while also covering newer information and research he's uncovered since writing it. I was most struck by a comment he made regarding blogs, wikis and other social media technologies, saying that using these tools to communicate and interact with customers and other stakeholders is "so 2006." Ouch. That's a bit disheartening for most businesses, who are still just learning how to understand these tools as the "newest" technologies at their disposal.
Instead of focusing on social networking, however, Don encourages businesses to focus on social production. This involves using social networks to produce new products and ideas, instead of just producing relationships. He offers lots of examples in the book, from open source software to outsourcing R&D problems, but the overall theme is to create a platform that encourages innovation and the creation of ideas. It's worth considering what that might look like for your company. For SAS does it look like
sasCommunity.org or more like good, old-fashioned
SASware Ballot? Probably it looks completely different than either of these - but it's up to us to figure out how to build on these types of past initiatives and create something even better for the future.
Another fascinating presentation I attended came from Alan Murray, executive editor of the Wall Street Journal Online and author of
Revolt in the Boardroom. His book discusses the recent trend of CEOs getting fired by their Boards of Directors, using the heads of AIG, Morgan Stanley, Boeing, Hewlett-Packard, Pfizer and others as examples.
When discussing this flattening of the hierarchy in large, public companies, one of Alan's main points is that CEOs now need the good will of the public to thrive and survive. In fact, many companies are discovering that they're political organizations vulnerable to public scrutiny. As a result, CEOs must become more like politicians and learn to respond to broader societal forces. Some pros: CEOs are more transparent, more public, more open about social responsibilities and environmental impacts. And a big con: We might end up with companies that are afraid to take risks.
A dynamic presenter, Alan talked for an hour without a single slide. Later, I sat at his table for a networking luncheon with an interesting group of SAS customers and resellers where we discussed - among other things - the differences between online vs. print readers, the ownership changes at WSJ, and the fact that lobbyists in many cases are now lobbying businesses directly instead of Congress.
One final presentation worth mentioning was a talk on the future of business intelligence by SAS Fellow, Allan Russell. He covered this topic pretty thorougly in
a recent sascom column, but I enjoyed hearing him present the material in person and hearing audience reactions/questions following the talk.
Overall, I came away from the conference sensing a strong theme of change for businesses today. Everything from communications practices and executive responsibilities to societal influences and business analytics are changing at unprecedented rates. Don Tapscott summed it up succinctly when discussing the profound changes to the architecture and structures of today's organizations. He said, "One thing's for sure. The next period will not be boring."
Comments
Tue, 02.02.2010 15:48
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Mon, 01.02.2010 12:25
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