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"Imagine the power of social networks once they will be part of daily business and not mainly being used by consumers only. In spite of Facebook’s remarkable success so far, the truth is that we have thus far witnessed just the earliest beginnings of social networking’s power to fuel the real economy. Social networking will revolutionise business interactions, just as the Internet revolutionised retailing more than a decade ago. And the result will be a game-changing surge in innovation and productivity and a big leap forward in job creation and new growth opportunities."
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On an everyday basis, we envision an intelligent network of businesses – what I like to call the ‘Intelligent Business Web’. The Intelligent Business Web will be most important to small and medium sized businesses because it allows them to tap into the collective knowledge of their cohorts.
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Today we can optimise entire value chains for minimum cost and consumption of scarce resources and in the future this will be common.
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"HR departments are familiar with using LinkedIn, Twitter and external social networks for leveraging talent, but what benefits can they get from using an internal social network at work? I joined the HR department at TIBCO® over a year ago, around the same time we were starting to use our internal social network tibbr®. Since then, I’ve become quite a power user. Why? Here are my top five reasons (in no particular order):"
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Our staffing team started using tibbr to post job openings within the company. Employees would subscribe to an “HR Recruiting” subject to hear about the latest positions. We also created private subjects for collaborating with hiring managers and teams to find the specific talent they need.
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tibbr made it easy to gather information about our competitors’ talent strongholds in the market and learn about pending layoffs and rising talent. With such information transparency, we don’t miss out on key talent to hire.
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"This is contradicting but shows the challenge as well, because more than 75 percent of the average market value is from intangible assets. The challenge is that these aren’t quantified in financial metrics. Intangible assets consists of human-, organizational- and information capital. "
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Investments in organizational capital means investing time and money in open business models, open innovation and setting the right conditions for creative ‘knowledge workers’. Last but not least, investments in information capital spur the collection, interpretation and thus quality of the available internal information.
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85 percent of Fortune 500 organizations will fail to effectively exploit big data for competitive advantage
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Almost all leadership concepts start with the assumption that a key role for the leader is to set direction. This usually means designing and communicating a vision and a set of goals. Traditionally the roles of vision and goals have been there to help people to understand the direction of the enterprise and how they can contribute to it.
Today we need something more.
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As almost all organizations are becoming increasingly diverse and network like, and as all boundaries are increasingly flexible, the notion of what brings people together becomes even more critical.
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Creative individuals need both the independence and the interdependence to do their best work. A creative organization thrives on the tension that arises from widely different but complementary abilities and views working with one another.
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"One of the questions that comes up all-too-frequently when discussing social collaboration in the enterprise these days is the (still) infamous ROI question. Sometimes this is because the various manifestations of Enterprise 2.0 and social intranets haven't gone past the "we'd better start adopting or we'll be in the stone ages" stage that e-mail or traditional intranets themselves reached well over a decade ago."
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What's often missing now is the clarity around how a newly social enterprise actually looks and what the functions and roles are.
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"This is also our guiding principle at Darwin. We want to better enable people to make decisions by using Chaos Theory principles to let the content self-organize and then creating useful content visualizations to facilitate the human mind’s ability to sort through content as you will soon see. It is the opposite of semantic technology that tries to get the computer to understand language and do some of the cognitive work. There can be a place for both."
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So the issue is not whether computers will outpace people but how the two can work together.
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"Beyond extending our physical capabilities, tools have played a major role in the evolution of our brain and mental powers: “Using tools has been interpreted as a sign of intelligence, and it has been theorized that tool use may have stimulated certain aspects of human evolution - most notably the continued expansion of the human brain.” "
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Moreover, using these increasingly powerful IT tools, we are now able to address significantly more sophisticated and complex problems than ever - in science, engineering, business and society in general.
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Nowhere does this comparison of machines to humans generate more interest than in matters relating to artificial intelligence, perhaps because we are seeing our tools begin to approach, and perhaps some day surpass, our most distinguished human capability.
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"Today, we have to ask how much progress the U.S. intelligence has made over the last eight years. I suspect much less than we thought. The U.S. Government has spent a small fortune on information technology systems, but the problems we face aren't just about IT. It's about changing the culture, from one where officials don't share much to one where they share widely, so that the dots can be connected. How can they do this? Here's a start:"
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Change the incentives system. Reward people for sharing, and penalize them for not sharing.
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Recruit new people. Infuse the old culture with new employees who think differently.
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