Smart Economy

The Opportunity Clinic; 28 Tactics for Managing your Business in a Recession Part 5 of 28 Category Killer Innovation-India's $10 laptop

The recession is a perfect time to  launch a new business or new product, especially what I call Category Killer Innovation, or what Clayton Christenson calls a "Disruptive Technology." The Category Killer Opportunity window is not a single opportunity space or event but a cluster of smaller fortuitous opportunities that bundle together (such as the design enhancement opportunity, a production challenge opportunity, the value chain opportunity, the supply chain challenge opportunity window and many others) to form a "super opportunity space" or in this case a Category Killer Innovation Opportunity Window. If history is any indication, we will see a flood of distruptive technology hitting the market between now and 2014.

A good example is the Starbury sneaker, who went up against the big boys-NIKE, Adidas, Puma and New Balance to produce a $14.95 runner that is as good as the $149-$300 equivalent basketball shoe, but at an order of magnitude price drop. It will be interesting to see how low cost Starbury Sneakers fare against NIKE in a recession

According to Wikipedia:

"Starbury, Inc. is an American brand of sneakers and clothing endorsed by NBA players Stephon Marbury and Ben Wallace, and marketed by Steve and Barry's. The line was launched in September 2006, as a pair of $14.99 basketball shoes to compete with higher priced products endorsed by celebrity athletes. Stephon Marbury and retail clothing chain Steve & Barry's claim that the products are of the same level of quality as more expensive alternatives."

Now India is about to unveil tomorrow a prototype of a $10 laptop (which actually costs $20 to produce.) It will be subsidized by the Indian Education Ministry, so that eventually every school child in India will be able to afford a laptop and access to the Internet. This is a counter-offer to the MIT Negroponte project which was proposing a $100 laptop per child for India, but the Indian government thought that they could do one better. The $10 laptop will come with WiFi, 2GB of memory, Ethernet and expandable memory capability and consumer just 2 watts of power. There are still many unanswered questions, such as can they find the supply chain to manufacture the laptop at that low cost and many others. How will they protect themselves from reverse engineering and IP theft and the grey market?

But it proves the point that every incumbent CEO, Manager and entrepreneur should be always looking behind their back for the next Category Killer Innovation to sneak up on them

Walter Derzko, Smart Economy, Toronto

Author of the soon-to-be-released book: Hard Times Golden Opportunities.. about opportunity recognition in a recession/ depression featuring 45 opportunity scenarios.

Other Opportunity Clinic posts in this series:

The Opportunity Clinic; 28 Tactics for managing your Business in a recession Part 6 of 28 What's in your Recession Playbook?

The Opportunity Clinic; 28 Tactics for Managing your Business in a Recession Part 5 of 28 Category Killer Innovation-India's $10 laptop

The Opportunity Clinic - 28 Tactics for Managing Your Business in a Recession Part 4 of 28 “Left Behind “Opportunities- Go Green & Go Slow

The Opportunity Clinic - 28 Tactics for Managing Your Business in a Recession Part 3 of 28 Design Opportunities- Hope or Nostalgia

The Opportunity Clinic - 28 Tactics for Managing Your Business in a Recession Part 2 of 28 Innovation or Efficiency?

The Opportunity Clinic - 28 Tactics for Managing Your Business (& surviving and thriving) in a Recession Part 1of 28

Realted posts over that past year:

·         Opportunity Recognition in Difficult Times

·         Recession - Proofing your Business - Spotting & Designing Opportunities in a Downturn

·         Recession - Proofing your Business - Spotting & Designing Opportunities in a Downturn – June 25, 2008, Ontario College of Art Design, Toronto, ON

·         Recession-Proofing your Business-Strategies and Tactics for smoother sailing in turbulent seas

·         Master Class in Opportunity Recognition for entrepreneurs and intrapreneurs> May 30th 2008> University of Toronto

·         Turning Misery into Opportunity

·         Vacuum leaves pullout opportunities;

·         How will baby boomers handle the recession? Zoomers, Doomers, Gloomers, Opportuneurs

·         Recession, Depression and Shortages as Opportunities

·         Restructuring of American Business-A New Business Model?

·         Using New Yorker Cartoons for Opportunity Recognition /Sense-making & Pattern Recognition

·         Text Mining for S&T Scouting, Foresight and Opportunity Recognition

·         The Opportunity Clinic-swapping opportunity scenarios 08-002

Walter Derzko

 

Top 10 smart technologies for Obama and Harper to consider for their infrastructure / cyberstructure / cognistructure program

Both US president elect Obama and Canadian Prime Minister Steven Harper have promised "New Deal" like infrastructure programs for the USA and Canada to spend their way out of a depression / recession (pick one). A new term is needed to describe this type of new intelligence-infused infrastructure. I call it the cognistructure-an infrastructure that thinks for itself.

Here's my list of top 10 smart technologies that both Olbama and Harper should have their eye on and on their planning radar screens; (Niche applications 10-6, more ubiquitous applications 5-1)

10. Smart home fabrication (supersized 3D printer that prints your home on site) to improve construction efficiency and effectiveness and waste reduction in conventional house building (but there is little chance of seeing North American building codes reformed any time soon)

9. Smart sensors in bridges, levees, roads, buildings, vehicles, satellites  etc (smart dust) to provide a dynamic sense and respond environment- eco cities-earth with a fast track  nervous system

8. Move toward the electrification of transportation (GM, Ford, Chysler shifts production to electric cars and trucks)and smart road networks (ie smart retractable speed bumps, movable road mediums that adjust to traffic flow and congestion)

7.Biomimicry -- designing systems, objects and surfaces  based on natural biological models

6. Smart "emergent and self-organizing" traffic congestion systems that deal with natural complexity in unconventional ways

5.Infrastructure / congnistructure for Smart cities, that address and enforce  "system resilience" and mitigates the consequences future potential catastrophies (climate change, severe weather, man-made disasters, riots, etc)

4.Modermizing the electrical grid to accept consumer and commercial inputs from alternate energy and reducing power loss during distribution ( via super conductors and nanowires)

3.Adoption of smart alternate energy technologies (wind, water and sun) that approach price parity with gas, coal, nuclear and electricity. Move toward distributed and diversified energy production vs centralised energy production.

2. Energy harvesting- various smart technologies that convert latent heat, all light spectra and mechanical vibration into electricity. Objects that create their own energy

1. Internet of things (IofT) (or ObjectNet or O-Net) & the Internet of Services (IofS) or S-Net -Intelligent objects, systems and environments have their own unique IP address and are connected together, just like web pages are linked on the web today.

© 2005-2008

Walter Derzko

Expert, Consultant and Guest Speaker on emerging Smart Technologies, Strategic Planning, Business Development, Lateral Creative Thinking and author of an upcoming book on the Smart Economy "

To explore the opportunities and threats of any new smart technology in your industry - Contact Me

.....Strategy without action is a day-dream; action without strategy is a nightmare"

- old Japanese proverb

P. S. if this is your first visit to my blog, please go to our Welcome page

IBM endorses smart technology and a smarter planet

A while back when I was at the Idea Lab at the Design Exchange, I remember sitting over a coffee and exploring a thought exercise with some clients.

The question under debate was: What are  the generic elements or activities that would accelerate any new technology platform, (such as smart technologies) and overcome the initial market interia. Simply put, Is there a generic technology evolution matrix?

We came up with over 25 items. (see related Post-Do you know how to spot opportunities?)

One was having cartoonists make fun of your technology ( No, smart technologies aren't on Dilbert's radar screen yet, but any day now I hope)  Another key event would be to have some influential CEO highlight the benefits of your technology in a milestone keynote speech (act as a complimentor-in business strategy terms. )

Well for smart technologies, that breakthrough event may have happened this month on November 6^th, when IBM’s CEO, Sam Palmisano, outlined a new agenda for building a smarter planet - during a speech at the Council on Foreign Relation. (hat tip to Adam Christensen at IBM HQ)

 

 

From IBM's blog:

"In the speech, he outlines a number of the challenges faced today by people, governments, businesses and organizations. A lack of clean water for a fifth of the world’s population. Energy systems that waste more energy than they produce. Traffic in our cities that clogs roads and chokes economic growth. 

Clearly there are no simple solutions for these problems.

Technology can play a big role in helping find answers to these problems. While the Internet currently connects more than a billion people, in just a few years, it will connect more than a trillion objects. Everything from cell phones, cars, roads, buildings, and even objects in nature itself, will have embedded technology and be connected to one another, enabling tremendous advances in how we understand how the world works and make smarter decisions to make it work better. 

But technology is just part of the solution. Without the people, policies and culture to inspire and execute the change, nothing ultimately gets done."

From Sam’s speech:

[...]   These collective realizations have reminded us that we are all now connected—economically, technically and socially. But we're also learning that being connected is not sufficient. Yes, the world continues to get "flatter." And yes, it continues to get smaller and more interconnected. But something is happening that holds even greater potential. In a word, our planet is becoming smarter.

This isn't just a metaphor.I mean infusing intelligence into the way the world literally works—the systems and processes that enable physical goods to be developed, manufactured, bought and sold… services to be delivered… everything from people and money to oil, water and electrons to move… and billions of people to work and live.

 What's making this possible?

• First, our world is becoming instrumented: The transistor, invented 60 years ago, is the basic building block of the digital age. Now, consider a world in which there are a billion transistors per human, each one costing one ten-millionth of a cent. We'll have that by 2010. There will likely be 4 billion mobile phone subscribers by the end of this year… and 30 billion Radio Frequency Identification tags produced globally within two years. Sensors are being embedded across entire ecosystems—supply-chains, healthcare networks, cities… even natural systems like rivers.
• Second, our world is becoming interconnected: Very soon there will be 2 billion people on the Internet. But in an instrumented world, systems and objects can now "speak" to one another, too. Think about the prospect of a trillion connected and intelligent things—cars, appliances, cameras, roadways, pipelines… even pharmaceuticals and livestock. The amount of information produced by the interaction of all those things will be unprecedented.
• Third, all things are becoming intelligent: New computing models can handle the proliferation of end-user devices, sensors and actuators and connect them with back-end systems. Combined with advanced analytics, those supercomputers can turn mountains of data into intelligence that can be translated into action, making our systems, processes and infrastructures more efficient, more productive and responsive—in a word, smarter.

What this means is that the digital and physical infrastructures of the world are converging. Computational power is being put into things we wouldn't recognize as computers. Indeed, almost anything—any person, any object, any process or any service, for any organization, large or small—can become digitally aware and networked.

With so much technology and networking abundantly available at such low cost, what wouldn't you enhance? What service wouldn't you provide a customer, citizen, student or patient? What wouldn't you connect? What information wouldn't you mine for insight?

The answer is, you or your competitor—another company, or another city or nation—will do all of that. You will do it because you can—the technology is available and affordable.

But there is another reason we will make our companies, institutions and industries smarter. Because we must. Not just at moments of widespread shock, but integrated into our day-to-day operations. These mundane processes of business, government and life—which are ultimately the source of those "surprising" crises—are not smart enough to be sustainable.

[...]

Leaders will need to hone their collaboration skills, because we will need leadership that pulls across systems. We will need to bring together stakeholders and experts from across business, government and academia, and all of them will need to move outside their traditional comfort zones.

I’m struck by the questions this raises. What investments need to be made by both public and private institutions? What policy issues need to be debated and resolved? What role can individual citizens and employees play in helping bring about meaningful change?

I’m also struck by the potential opportunities inherent in finding solutions to these problems. 

see full text of Sam Palmisano's speech

Walter Derzko

 

From IBM's blog:

"In the speech, he outlines a number of the challenges faced today by people, governments, businesses and organizations. A lack of clean water for a fifth of the world’s population. Energy systems that waste more energy than they produce. Traffic in our cities that clogs roads and chokes economic growth. 

Clearly there are no simple solutions for these problems.

Technology can play a big role in helping find answers to these problems. While the Internet currently connects more than a billion people, in just a few years, it will connect more than a trillion objects. Everything from cell phones, cars, roads, buildings, and even objects in nature itself, will have embedded technology and be connected to one another, enabling tremendous advances in how we understand how the world works and make smarter decisions to make it work better. 

But technology is just part of the solution. Without the people, policies and culture to inspire and execute the change, nothing ultimately gets done."

From Sam’s speech:

[...]   These collective realizations have reminded us that we are all now connected—economically, technically and socially. But we're also learning that being connected is not sufficient. Yes, the world continues to get "flatter." And yes, it continues to get smaller and more interconnected. But something is happening that holds even greater potential. In a word, our planet is becoming smarter.

This isn't just a metaphor.I mean infusing intelligence into the way the world literally works—the systems and processes that enable physical goods to be developed, manufactured, bought and sold… services to be delivered… everything from people and money to oil, water and electrons to move… and billions of people to work and live.

 What's making this possible?

• First, our world is becoming instrumented: The transistor, invented 60 years ago, is the basic building block of the digital age. Now, consider a world in which there are a billion transistors per human, each one costing one ten-millionth of a cent. We'll have that by 2010. There will likely be 4 billion mobile phone subscribers by the end of this year… and 30 billion Radio Frequency Identification tags produced globally within two years. Sensors are being embedded across entire ecosystems—supply-chains, healthcare networks, cities… even natural systems like rivers.
• Second, our world is becoming interconnected: Very soon there will be 2 billion people on the Internet. But in an instrumented world, systems and objects can now "speak" to one another, too. Think about the prospect of a trillion connected and intelligent things—cars, appliances, cameras, roadways, pipelines… even pharmaceuticals and livestock. The amount of information produced by the interaction of all those things will be unprecedented.
• Third, all things are becoming intelligent: New computing models can handle the proliferation of end-user devices, sensors and actuators and connect them with back-end systems. Combined with advanced analytics, those supercomputers can turn mountains of data into intelligence that can be translated into action, making our systems, processes and infrastructures more efficient, more productive and responsive—in a word, smarter.

What this means is that the digital and physical infrastructures of the world are converging. Computational power is being put into things we wouldn't recognize as computers. Indeed, almost anything—any person, any object, any process or any service, for any organization, large or small—can become digitally aware and networked.

With so much technology and networking abundantly available at such low cost, what wouldn't you enhance? What service wouldn't you provide a customer, citizen, student or patient? What wouldn't you connect? What information wouldn't you mine for insight?

The answer is, you or your competitor—another company, or another city or nation—will do all of that. You will do it because you can—the technology is available and affordable.

But there is another reason we will make our companies, institutions and industries smarter. Because we must. Not just at moments of widespread shock, but integrated into our day-to-day operations. These mundane processes of business, government and life—which are ultimately the source of those "surprising" crises—are not smart enough to be sustainable.

[...]

Leaders will need to hone their collaboration skills, because we will need leadership that pulls across systems. We will need to bring together stakeholders and experts from across business, government and academia, and all of them will need to move outside their traditional comfort zones.

I’m struck by the questions this raises. What investments need to be made by both public and private institutions? What policy issues need to be debated and resolved? What role can individual citizens and employees play in helping bring about meaningful change?

I’m also struck by the potential opportunities inherent in finding solutions to these problems. 

see full text of Sam Palmisano's speech

Walter Derzko

Smart Sustainability Showcase for Toronto and Canada

From: Walter Derzko

Sent: Friday, July 11, 2008 12:19 AM

To: undisclosed list

Subject: re Smart Sustainability ShowCase for Toronto and Canada.

Importance: High

Dear Colleagues

I’d like to plant an idea with you – after speaking with a number of designers and vendors, I’m exploring the idea for a sustainability showcase that would feature theme based exhibits with smart technologies from Canadian and international sources-the best from Ontario, nationally and from around the world.

The launch would be 2010, The timing for this seems right.  The target audience would be Canadian business, consumers and school children

I’m writing a book on smart technologies and this would be a logical extension of the concept.

Two years ago I talked to Samantha Sannella and Poala Polletto at the Design Exchange (DX) in Toronto and with several people at the Ont Science Center.  Both groups expressed interest but said that we would need to find sponsors for the project

My business model for this would be three pronged -vendor based revenue, corporate based sponsor revenue and municipality based sponsorship ie city of Toronto or Mississauga and possibly the province of Ontario who may wish to promote sustainable manufacturing.

This concept would be a Canadian, in fact a North American first.

I have a list of 150 potential vendors, and designers from around the world who are working on smart technologies that we can start to approach.

The exhibits would be theme based, --the sustainable kitchen, the sustainable office, the sustainable retail shelf, the sustainable workspace, the sustainable community, the sustainable city etc and would be updated with new technologies every 3-5 years and have a 1-5 year forward focus. (what's commercially available now or in the very near future.

For other exhibits, there can be a regional or national focus ie smart sustainable technology from the UK, Finland, Germany (Fraunhofer Inst), China, Ukraine, Russia, or Singapore, Hong Kong etc

Corporate sponsors might include: Walmart, Rona, Home Deport, Canadian Tire, Loblaws, Sears, Imperial Oil, the banks (RBC, TD, RBC BMO) etc.

The Sustainability Showcase could be housed in a physical location, or it could tour from location to location around the city or province or be mobile ( on a bus the way the Japanese and Korean do- a display bus turned into a demo center that tours from school to school or to fairs and exhibitions.

OCAD students and staff and Beal senior fellows could play a hand in designing exhibit spaces and sourcing new vendors and sustainable technologies.

Several other revenue opportunities could spin off from this as well

Here’s just a few examples of what can be showcased

1) Environmentally sensible packaging such as Mercury-Absorbant NanoSponge packaging for broken compact fluorescent lamps (CFL's) http://smarteconomy.typepad.com/smart_economy/2008/06/mercury-absorba.html

2) Concrete Wood (from the example I mentioned June 2 at OCAD, when Bob Logan was bemoaning the lack of durability of pressboard shelving from Ikea.  See Concrete Wood from lodgepole pine trees destroyed by pine beetles (kills two birds with one stone) http://smarteconomy.typepad.com/smart_economy/2007/11/concrete-wood.html

3) End of Traditional Heating and Air conditioning Thin-film version of Active Building Envelope (ABE) systems could make conventional air conditioning and heating equipment obsolete http://smarteconomy.typepad.com/smart_economy/2006/07/thinfilm_versio.html

4) OLEDs New High efficiency flat light source OLEDs > Almost any surface in a home, whether flat or curved, could become a light source: walls, curtains, ceilings, cabinets, shelves or tables.  Http://smarteconomy.typepad.com/smart_economy/2006/04/new_high_effici.html

Lots more like these

For anyone who is interested in exploring the idea of a Smart Sustainability Showcase for Toronto, we are having a meeting on Tuesday July 22 at 11 am at the Ontario College of Art & Design (OCAD), Beal Institute for Strategic Creativity, room 600, 6th floor , 100 McCaul St, Toronto just south of the Ont Art Gallery.

Please RSVP, so we know how many people are coming

I have had some positive feedback from several organizations, & I’d like to push the concept forward

I'm sending this nationally and internationally in  case you are aware of any designers, vendors, manufacturers or research centers who have interesting cutting edge smart sustainable technology to showcase.

Contact me by email

----Walter  Derzko; Senior Fellow Beal Institute for Strategic Creativity, OCAD 

© 2005-2008 Walter Derzko -"Changing the world, one idea at a time"©

Expert, Consultant, Keynote Speaker and Lecturer on Emerging Smart Technologies, Innovation, Entrepreneurship, Strategic Foresight, Business Development, Lateral Creative Thinking and author of an upcoming book on the Smart Economy

The Smart Technology Blog: The Smart Economy -- Read, enjoy, explore, speculate, comment !!

To arrange for an in house presentation or briefing on smart technology see here

To explore the opportunities and threats of any new smart technology in your industry - Contact Me or explore how we can work together

UK Government publishes Strategic Horizon Scans

The Horizon Scanning Centre has commissioned two complementary scans looking ahead up to 50 years : the Sigma Scan and the Delta Scan.

Initial versions of both scans have been published by the contractors who developed them : Sigma Scan by Outsights - Ipsos MORI and Delta Scan  by the Institute for the Future (IFTF).

The Sigma Scan is a broad synthesis of some of the world's best Horizon Scanning sources. It covers future issues and trends across the full public policy agenda. It is drawn from a range of sources including think tanks, academic publications, mainstream media, corporate foresight, expert/strategic thinkers, government sources, alternative journals, charities/NGOs, blogs, minority communities, and futurists.

The Delta Scan is an overview of future science and technology issues and trends, with contributions by over 200 science and technology experts from the worlds of government, business, academia and communication in the UKand US.

Develeped over 2005 and 2006 by a team of consultants and futurists,  the Scanning Framework has some novel methodologies and catagories. Each main issue is described as an Issue paper.

The main text of the Issue Papers themselves is divided into a number of different sections:


Headline: Headlines provide a brief description of the future eventuality discussed a pithy note on the main themes contained within the paper.


Keywords: Keywords summarise the coverage of the issue and suggest related issues, domains or topics.


Summary: The summary provides first an Abstract of the Issue (delimited by asterisks) for a quick overview of the whole paper, followed by a description of the trend, event or theme and the debates it raises. This is generally a presentation of the data/evidence in this field, linked where necessary to sources (with no fixed view on likely outcomes).


Implications: this contains a range of possible outcomes that could flow from the Issue as described in the Summary. These incorporate a number of factors where appropriate, including social values, habitat/environment, new technologies, knock-on and perverse effects. Early Indicators: This aspect of the Paper suggests possible early warning signs and precursors that should be looked for to indicate that the Issue may indeed be developing as described in the Paper.

Drivers and Inhibitors: Factors, people, institutions or events which will either fuel (Drivers) or act as a barrier (Inhibitors) to the emergence of this Issue.


Parallels and Precedents: Historical, international or cross-cultural examples of
somewhat similar instances which may shed some light either on the evolution of the Issue or the likely success of different strategies in response.


Sources: The list of sources consulted in writing the Paper, with web links, documents and location information where applicable.


Related links: a list of websites that may be of further interest to the reader relating to the topic


Sigma Scan basics: Issue Markers

Each issue has been further labelled with a number of Markers, which provide highly indicative (i.e. not predictive) information about the possible likelihood, impact,
distribution, severity and development time of each Issue:


Impact: This marker is designed to reflect the potential of this issue to create pervasive and/or serious change in the world at large: a development which in cultural, technological, environmental, economic or political terms alters the way we live or perceive the world. Impact is divided into:

• ****Extreme: Intense, deep-seated, pervasive or long-lasting in its effects. An event/development which profoundly affects the planet for example, an asteroid strike.
• ***High: A great event in human history, something that shapes human history and leaves longstanding cultural residues for example, the moon landings, the establishment of the United Nations, a major pandemic.
• **Medium: A defining aspect of a particular generation or nation's experience of the world. An important footnote in world history, such as the implementation of the Euro, the fall of the Berlin Wall.
• *Low: A development whose scope to instigate change is subtle or in some way restrained by conditions, medium, force, locality or likely responses. Something that captures the news agenda for months or years, but eventually fades into the cultural memory for example, the cultural changes of the 1960s.
• ?Unknown: There is no consensus within the literature about how best to interpret this issue.

Likelihood: The likelihood that this issue will evolve to become a central theme/development - in some way - in future society within its projected life span. The likelihood markers are:

• ***High: 75+% confidence that the events discussed will come to pass.
• **Medium: An equivocal 50/50 call.
• *Low: 25% or less probability.
• ?Unknown: No consensus about the likelihood.
  
  

Controversy: The level of consensus amongst experts, commentators and other observers holds that the Issue will unfold in the way described in the Paper and/or assume a greater significance in acting as an instigator of change. The controversy markers are:

• ***High: Very few experts pay the issue serious attention, and there is very little consensus about the extent to which this issue is likely to emerge. There is very little known evidence for this issue, and what there is highly unconventional, or propounded by alternative sources.
• **Medium: Whilst there is some kind of conventional consensus, futurists and/or alternative sources dispute whether this issue is likely to be a central development in future. Evidence is somewhat equivocal or open to scrutiny, even within expert audiences.
• *Low: The majority of experts, as well as a large volume of authoritative evidence, point to this issue emerging as a central theme over the next 50 years.
• ?Unknown: No known consensus on how to apply this marker.

When: The expected timeframe for this issue to influence C.21st life to the degree ascribed to it under "Impact". Divided into:

• 0-2 years: This impact of this issue is already being felt or will be in the immediate future
• 3-10 years: Likely to be under way but perhaps not well distributed. Wider effects felt over the near horizon
• 11-20 years: Mid horizon effects
• 21-50 years: Mid to far horizon effects
• 50+ years: Far horizon effects ?Unknown: High level of uncertainty as to when this impact could be felt

Where: The geographical spread of the Issues impact. Divided into:

• Domestic/national Largely restricted to particular nation states (e.g. UK)
• Regional Largely restricted to major global regions/continental areas (e.g. EU, Latin America)
• Global Potential to be experienced anywhere/everywhere on a global scale
• ?Unknown

How fast: How quickly the events and potential impacts described in the Paper could be
experienced:

• Instant in a matter of moments
• Days over the course of days
• Months over months
• Years over years
• Unknown

Sigma Scan basics: Issue Genres


As well as the markers, each paper is also classified into a number of different Genres. This is identified at the start of the Summary in capital letters and is supplied as an at-a-glance way for users to decide what sort of critical thinking they should apply to their reading of the paper. (e.g. in the same way that we would apply different critical faculties for reading a work of science fiction than we would for reading todays
newspaper).

Weak signal: A primarily descriptive Paper attempting to shed light on a relatively little known, weakly felt or poorly distributed phenomenon a possible baby trend at the relative margins of current knowledge. The Implications of this style of paper tend to be limited to explaining what is already starting to happen, and the Drivers / Inhibitors are important in deciding whether it will grow into a Key Driver or dwindle into nothing. The aim of Weak Signal papers is to inform readers about trends or
potential events that might slip under the radar.

Forecast: An Issue for which there is a relatively high degree of certainty, at least in terms of its likely presence as a force for change, based as it is on robust quantitative data and relatively stable variables. Forecast papers are based upon well-grounded and
authoritative sources, drawing on models or statistics to draw conclusions.

Key driver: These Papers describe a relatively more mainstream and better-known trend or development. Something that would probably on the radar of most policymakers or strategy thinkers. Key Driver papers provide a top-level review of the trend for the uninitiated, and aim to stretch the more informed reader with some wider Implications Parallels / Precedents beyond the usual inferences and certainties.

Scenario: A Paper which takes as its evidence base published scenario work from other sources. It therefore discusses the range of uncertainties and drivers that have been discussed in developing these scenarios and compares the assumptions in them. Rather than describing a possible driver of future change, it therefore examines the feasibility and possible implications of a particular hypothetical future.

Wildcard: An Issue with the potential to emerge unexpectedly but with potentially major impacts. Often, these papers deal with a radical discontinuity, as compared to other, more continuous and/or gradual trends.

Happy 1st Birthday to the Smart Economy Blog; Announcing a new Web site, Monthly workshops and webinars

Today marks the 1st anniversary of the Smart Economy Blog. We've received many encouraging feedback & emails from our readers over the past year and good suggestions from positive-focused critics for future improvements.

• According to Pingpoat, The Smart Economy Blog is worth  is $1011.17!  per day
• Inbound links: 1085
• Technorati rank: 34,021

So today, I'm announcing a series of new "smart" initiatives that we will be kicking off in October 2006.

The Smart Economy is growing exponentially and so are we, right along with it.

Smart Economy Learning Series-monthly workshops in Toronto

Starting in October 2006, we will be launching a monthly series of one-day workshops on topics that our blog readers say interest them. These include:

• Latest Tools for Advanced Environmental Scanning, Managing Information Overload and Sense-making ( October 12, 2006, BCE Place Toronto) email me asking for a registration form
• Lateral thinking in business  (Date TBA)
• Developing foresight in your business or industry  (Date TBA)
• Resolving conflicts and disputes using lateral thinking (Date TBA)
• The Opportunity Clinic --Scanning your business environment for Opportunities(Date TBA)
• The Idea Lab --Designing smart products and services that will drive business development forward (Date TBA)
• Introduction to Business Development --Tracking emerging technologies as threats or opportunities for your business (Date TBA)
• Technology Assessment for Investment Professionals & High Tech Startups (Date TBA)
• Building a Busines Case for Smart Devices, objects and services (Date TBA)
• Designing winning business modles for Smart Technologies (Date TBA)

Register today, since space will be limited. Past workshops have sold out quickly.

The Smart Economy Web Page

We are finally in the last stages of planning and constructing our new web site for the Smart Economy. Watch out for launch date soon.

The Smart Economy Webinar Series.

Also starting in October 2006, we will host a monthly opportunity for our blog readers to phone in and participate in a "live seminar" which will include power-point slides and a Q&A session, all from the comfort of your PC or laptop. It will be on some current topic related to the smart economy and some rising smart technology that will be coming into prominence soon. This will be a subscription based series.... We will try to keep the price reasonable so that everyone can participate. Subscription information & schedule will be out soon. Watch for announcements.

Thanks again for all your ideas and keep the feedback coming in.

© 2005-2006

Walter Derzko

Expert, Consultant and Keynote Speaker on Emerging Smart Technologies, Innovation, Strategic Foresight,, Business Development, Lateral Creative Thinking and author of an upcoming book on the Smart Economy "

To arrange for an in house presentation on smart technology see here

To explore the opportunities and threats of any new smart technology in your industry - Contact Me or explore how we can work together

.....Strategy without action is a day-dream; action without strategy is a nightmare"- old Japanese proverb

.......Ours is the age that is proud of machines that think and suspicious of men who try to. - H. Mumford Jones

"Without changing our patterns of thought, we will not be able to solve the problems we created with our current pattern of thought."  A. Einstein

P. S. if this is your first visit to my blog, please go to our Welcome page

Looking for Feedback on the Smart Economy Blog

Today is a bit of an anniversary for the Smart Economy. Since I started on this blog last Fall (Sept 15th, 2005 to be exact), I've posted 500 entries (this is # 501). We've received over 100 comments online and many more private direct emails. Our daily traffic is growing steadily month by month, as word spreads about The Smart Economy. Many other influential and popular web sites, trend syndication services and blogs now link back to us.

• According to Pingpoat, The Smart Economy Blog is worth is $1011.17!  Per day
• Inbound links: 1085
• Technorati rank: 34,021

I'd like to hear feedback from you --- our blog readers. How can we improve this site?

• what do you enjoy reading about smart technologies?
• what else would you like to see?
• what don't you like? what annoys you?
• what suggestions do you have for future topics?
• what  would you like to see more coverage of?
• do you use RSS? would you subscribe to a Smart Economy RSS  news feed?
• would you like to hear news about the smart economy on your Mp3 player?
• would you like a one-stop-shop to purchase smart technologies?
• would you find road maps for smart technologies useful for your worK?
• would you subscribe to a monthly online seminar (webinar) on smart technology?
• would you find workshops on smart technology topics useful?
• how do you use our information? investment decisions? strategic decisions? alliance decisions? other?

Post your replies or comments in the comments box below or send me a private email

I look forward to hearing from you.

Enjoy the rest of 2006 and 2007 and I hope to see you back here on a regular basis.

All the best !!

Walter Derzko

Why is there Decreased Interest in Science and Technology Degree Programs? Not a good sign for the Smart Economy

The OECD Global Science Forum  has been investigating the decline in the relative number of students in scientific and technological disciplines. 

While enrollment numbers for all forms of higher education have increased, the proportion of students pursuing scientific/technical degrees has fallen off in recent decades, most notably in mathematics and the physical sciences.  This policy oriented document recommends further study to determine what impact this might have, what the causes might be, and to come up with solutions to the problem.

© 2005-2006

Walter Derzko

Expert, Consultant and Guest Speaker on emerging Smart Technologies, Strategic Planning, Business Development, Lateral Creative Thinking and author of an upcoming book on the Smart Economy "

To arrange for an inhouse presentation on smart technology see here

To explore the opportunities and threats of any new smart technology in your industry - Contact Me or explore how we can work together

.....Strategy without action is a day-dream; action without strategy is a nightmare"- old Japanese proverb

.......Ours is the age that is proud of machines that think and suspicious of men who try to. - H. Mumford Jones

P. S. if this is your first visit to my blog, please go to our Welcome page

How Long Will America Lead the World? and who is Next ?

Once in a while you read a story that you just want to share with everyone....I ran across such a piece in NewsWeek today -by Fareed Zakaria called: How Long Will America Lead the World?

The United States is still the dominant force in technology, innovation, productivity and profits.  But Americans don't quite realize how fast the rest of the world is catching up.

[here are some key points from the article-Walter Derzko]

[ ]

....Well, Americans have replaced Britons atop the world, and we are now worried that history is happening to us.  History has arrived in the form of "Three Billion New Capitalists," as Clyde Prestowitz's recent book puts it, people from countries like China, India and the former Soviet Union, which all once scorned the global market economy but are now enthusiastic and increasingly sophisticated participants in it.  They are poorer, hungrier and in some cases well trained, and will inevitably compete with Americans and America for a slice of the pie.....

[ ]

.....Much of the concern centers on the erosion of science and technology in the U.S., particularly in education…..[   ].... China and India combined graduate 950,000 engineers every year, compared with 70,000 in America; that for the cost of one chemist or engineer in the U.S. a company could hire five chemists in China or 11 engineers in India; that of the 120 $1 billion-plus chemical plants being built around the world one is in the United States and 50 are in China…[   ].... "More people will graduate in the United States in 2006 with sports-exercise degrees than electrical-engineering degrees,".....

[ ]

.......The genius of America's success is that the United States is a rich country with many of the attributes of a scrappy, developing society.  It is open, flexible and adventurous, often unmindful of history and tradition.  Its people work hard, putting in longer hours than those in other rich countries.  Much of this has do to with the history and culture of the society.  A huge amount of it has to do with immigration, which keeps America constantly renewed by streams of hardworking people, desperate to succeed.  Science laboratories in America are more than half filled with foreign students and immigrants.  Without them, America's leadership position in the sciences would collapse. That is why America, alone among industrial nations, has been able to do the nearly impossible: renew its power and stay at the top of the game for a century now.  We can expand our science programs --and we should --but we will never be able to compete with India and China in the production of engineers.  No matter what we do, they will have more, and cheaper, labor.  What we can do is take the best features of the America system--openness, innovation, immigration and flexibility- and enhance them, so that they can respond to new challenges by creating new industries, new technologies and new jobs, as we have in the past."...

[ ]

Our greatest danger is that when the American public does begin to get scared, they will try to shut down the very features of the country that have made it so successful.  They will want to shut out foreign companies, be less welcoming to immigrants and close themselves off from competition and collaboration.  Over the past year there have already been growing paranoia on all these fronts.

[Some of the reactive knee-jerk reactions ----Some US senators are proposing to embed RFID Chips in USA Immigrants & Guest workers. Dubai Ports was blocked by USA congress to manage US ports, even though most people don't realise that Vancouver's port is managed by Dubai Ports. The Dutch have taken a hard line, banning Islamic women from wearing their traditional burkas. Canadian politicians are contemplating banning tourists from Parliament Hill in Ottawa after the arrest of a terrorist cell in Toronto, Canada-Walter Derzko]

[   ]

If we go down this path, we will remain a rich country and a stable one.  We will be less troubled by the jarring changes that the new world is pushing forward.  But like Britain after Queen Victoria's reign, it will be a future of slow, steady national decline.  History will happen to us after all.

Overall, an enjoyable read in Newsweek

..best quote in the story ?    "Only the paranoid survive."--Andy Grove

© 2005-2006

Walter Derzko

Expert, Consultant and Guest Speaker on emerging Smart Technologies, Strategic Planning, Business Development, Lateral Creative Thinking and author of an upcoming book on the Smart Economy "

To arrange for an inhouse presentation on smart technology see here

To explore the opportunities and threats of any new smart technology in your industry - Contact Me

.....Strategy without action is a day-dream; action without strategy is a nightmare"

- old Japanese proverb

P. S. if this is your first visit to my blog, please go to our Welcome page

Robot surgeon performs heart operation all by itself for the first time; Human knowledge packaged into machines

By now, distance robot-assisted surgery is old hat in the medical community. A search on the internet reveals over 1200 examples.

But now for the first time, UPI reports today that a robot surgeon in Milan Italy  has carried out a long-distance heart operation all by itself on a 34-year-old patient suffering from atrial fibrillation, with dozen of human heart surgeons watching on in Boston. The robot surgeon has carried out at least 40 operations. all learned from experience gathered from operations on over 10,000 patients

Harbin Polytechnical University, in Harbin, China recently announced that it has developed a series of robot systems that can help set bones, conduct surgeries and do medical research. One robot system has helped conduct 21 bone setting surgeries, all of which were successful,

This is the start of a trend, which I call learning reciprocity between machines and humans, which brings learning full circle. It can be expressed using the following annotations; (H<>H; H>M; M>H; M<>M;) where H=human and M=Machines and the arrows indicate the direction of knowldge exchange.

The transfer of knowledge has traditionally been direct, -- Human to Human. Now a set of intermediaries are about to step in.

Using cased based learning, AI and other advanced methods, robots and other machines will be able to assemble the knowledge and practical experience of many of their human colleagues. These superior robots will then start replacing their human counterparts in both routine, mundane jobs and as well as more complex tasks like operations that require high level cognition and real-time problem-solving.

In time, we can expect that machines will then become our teachers, with a collective experience far greater then any one human being can acquire.. We can also expect that machines will start teaching other machines and transferring their knowledge and experience in real time, as part of one huge collective knowledge network..

© 2005-2006

Walter Derzko

Expert, Consultant and Guest Speaker on emerging Smart Technologies, Strategic Planning, Business Development, Lateral Creative Thinking and author of an upcoming book on the Smart Economy "

To arrange for an inhouse presentation on smart technology see here

To explore the opportunities and threats of any new smart technology in your industry - Contact Me

.....Strategy without action is a day-dream; action without strategy is a nightmare"

- old Japanese proverb

P. S. if this is your first visit to my blog, please go to our Welcome page