Leading in the Network Age: The first in a series on Economic Complexity and Network Quotient (NQ)
“It is more useful to notice what has already happened and gone unnoticed than it is to try and predict the future.”
— Peter Drucker
Predicting the future is a fool’s errand. And none of us have the time to waste. In fact, we have less and less time to waste and certainly no one wants to be the fool. And yet we must lead, guide organizations and make decisions. In the network age, we don’t have the option of standing still. Business and life are accelerating. Organizations must adapt or die. Can I? Can my organization? Or am I a 'dead man walking'?
The greatest tectonic shift for business in the last 30 years is the rise of the network-based economy. Most of us didn’t fully appreciate the shift as it happened around us and in our lives.
For examples, look at the Blackberry vs. the iPhone. One was a piece of technology. One was an ecosystem of network innovation in which the creation of positive feedback loops among developers and consumers catalyzed an exponential explosion in growth and functionality.
We increasingly see value being created in networks and ecosystems that extend far beyond traditional organizational and personal boundaries. Definitions of competition are morphing and blurring. We’re no longer competing against individual companies, we’re competing against ecosystems. Think Apple vs. Android. And fir... Read more