{"id":54169,"date":"2016-03-18T16:50:40","date_gmt":"2016-03-18T20:50:40","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=54169"},"modified":"2016-03-21T09:51:40","modified_gmt":"2016-03-21T13:51:40","slug":"ciscos-john-chambers-on-the-digital-era-its-the-biggest-technology-transition-in-history-mckinsey-com","status":"publish","type":"post","link":"https:\/\/danielschristian.com\/learning-ecosystems\/2016\/03\/18\/ciscos-john-chambers-on-the-digital-era-its-the-biggest-technology-transition-in-history-mckinsey-com\/","title":{"rendered":"Cisco\u2019s John Chambers on the digital era: “It\u2019s the biggest technology transition in history.” [mckinsey.com]"},"content":{"rendered":"

Cisco\u2019s John Chambers on the digital era<\/a><\/strong> — from mckinsey.com
\nHow significant is the digital era? It\u2019s the biggest technology transition in history, according to Cisco\u2019s executive chairman\u2014and requires a proportional response from companies. <\/em><\/p>\n

Excerpts:<\/em><\/p>\n

If you\u2019re a leader in today\u2019s world, whether you\u2019re a government leader or a business leader, you have to focus on the fact that this is the biggest technology transition ever. This digital era will dwarf what\u2019s occurred in the information era and the value of the Internet today. As leaders, if you don\u2019t transform and use this technology differently\u2014if you don\u2019t reinvent yourself, change your organization structure; if you don\u2019t talk about speed of innovation\u2014you\u2019re going to get disrupted. And it\u2019ll be a brutal disruption, where the majority of companies will not exist in a meaningful way 10 to 15 years from now.
\n…
\nThis digital age is the connectivity of going from a thousand devices\u00a0 connected to the Internet to 500 billion. It will transform business.
\n…
\nBusiness models will rise and fall at a tremendous speed. It will create huge opportunities\u2014probably $19 trillion in economic value over the next decade, incremental above what we\u2019re seeing today. That\u2019s the size of the US economy, plus some.
\n…
\nBut it will also result in tremendous disruption. And this is where it\u2019s\u00a0 so important…that you either disrupt or you get disrupted.
\n…
\nIt\u2019s simple to describe, but it really means you\u2019re dealing with intelligent networks\u2014a next generation of the Internet, if you will. But connecting 500 billion devices doesn\u2019t get the job done. It\u2019s the process change behind it. So you\u2019ve got technologies like cloud or mobility and cybersecurity and the Internet of Things that are very important. That\u2019s actually the easy part. The hard part is how do you change your organization structure? How do you change your culture to be able to think in terms of outcomes for your customers? It\u2019s all about speed of innovation and changing the way you do business. The majority of companies will be digital within five years, yet the majority of their digital efforts will fail, which speaks to what a CEO has to do differently.
\n…
\nThey have to reinvent themselves. They have to reinvent their company. Not stay doing the right thing too long, if you will.
\n…
\nNot enabled by technology\u2014technology will become the company.
\n…
\nThe first step is merely making it an independent group, because if you do it inside your organization, your existing culture will kill it.
\n…
\nCompanies fail to understand the implications of how quickly this technology will transform their business. And they underestimate what it really means to their economic growth or that of their competitors.<\/p>\n

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\n

From DSC:<\/em><\/span>
\nSome graphics come to my mind:<\/span><\/p>\n

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 <\/p>\n

\"The<\/p>\n

 <\/p>\n

 <\/p>\n

\"ExponentialNotLinearSparksNHoney-Spring2013\"<\/p>\n

 <\/p>\n

\n

From DSC:<\/span><\/em>
\n This is the world that our students are and will be graduating into.\u00a0 Are they ready to handle this kind of pace?\u00a0 Of exponential — not linear — change? How can we better prepare them to be successful in the future that they will inherit?<\/span><\/strong><\/p>\n

\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Cisco\u2019s John Chambers on the digital era — from mckinsey.com How significant is the digital era? It\u2019s the biggest technology transition in history, according to Cisco\u2019s executive chairman\u2014and requires a proportional response from companies. Excerpts: If you\u2019re a leader in today\u2019s world, whether you\u2019re a government leader or a business leader, you have to focus […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[113,387,86,209,112,143,237,533,37,35,178,55,239,44,460,299],"tags":[],"class_list":["post-54169","post","type-post","status-publish","format-standard","hentry","category-21st-century","category-business","category-change","category-changing-business-models","category-corporate-business-world","category-disruption","category-entrepreneurship","category-experimentation","category-future","category-game-changing-environment","category-generational-differences","category-internet","category-new-business-models","category-pace-of-change","category-technology-general","category-workplace"],"_links":{"self":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/54169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=54169"}],"version-history":[{"count":4,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/54169\/revisions"}],"predecessor-version":[{"id":54188,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/54169\/revisions\/54188"}],"wp:attachment":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=54169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=54169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=54169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}