Economic Development Futures Journal

Saturday, July 16, 2005

counter statistics

the edge is becoming the core...

From: The Only Sustainable Edge: Why Business Strategy Depends on Productive Friction and Dynamic Specialization by John Hagel III and John Seely Brown

"What do we mean by this? The edge is where the action is - in terms of growth, innovation and value creation. Companies, workgroups and individuals that master the edge will build a more sustainable core. While our primary focus will be on business activity, our perspectives will also be relevant to leaders of other kinds of institutions as well - educational, governmental and social.

The edge is giving rise to a new common sense model. We all perceive and act based on "common sense" assumptions about the world around us and the requirements to achieve our goals. Every major technology shift has produced a fundamentally new common sense model. Our goal is to understand and describe key elements of the new common sense model emerging from technology innovations - especially the invention of the microprocessor and the introduction of packet-switched networks - that were introduced in the early to mid-1970s."

3 Comments:

  • In 1894, Albert Michelson (America's first Nobel Laurete in physics) proclaimed: "The most important fundamental laws and facts of physical science have all been discovered, and these are now so firmly established that the possibility of their ever being supplemented in consequence of new discoveries is exceedingly remote... Our future discoveries must be looked for in the sixth place of decimals."

    This is common sense and contextually how MBA programs are designed to instruct (optimization).

    Albert Einstein condemned common sense, declaring it to be "the collection of prejudices acquired by age eighteen."

    This is being on the edge (innovation). It's kinda like striving to get a B- (not spending time perfecting someone else’s dogma, but doing enough to get by) and spending more time pushing the limits of what you believe in by experimenting, trying, failing and having fun. Not having any common sense is the only common sense there is here

    How much common sense do you have?


    Jay

    Quotes taken from the book Big Bang: The Origins of the Universe, by Simon Singh

    By Anonymous Anonymous, at 9:56 AM  

  • Jay,

    Thanks for stopping by and leaving these wonderful words of wisdom.

    The next edge is the spirit. We're focused on the conquest of the mind now.

    Stay tuned.

    Don

    By Blogger Don Iannone, D.Div., Ph.D., at 3:38 PM  

  • Your welcome. I love your posts!

    Indeed, the longest journey in life is from ones mind to their heart. Emerson? I will have to talk to you about my life arbitrage theory. It opens a space for people to pursue spirituality.

    Jay

    By Anonymous Anonymous, at 7:53 PM  

Post a Comment

<< Home