Accelerating advancements in technologies, and communications, and related infrastructure, is making the world increasingly flatter and more dynamic, than any time earlier known in the history of humankind. With globalization the world is shrinking in time & virtually in space too, and thus becoming more instantaneous.
Significant human factor changes are happening, for example, manpower work-base shifting to newer, or different geographies, and a generational shift in people ethos, aspirations, and inspirations.
Realization about impact of human induced actions and technologies, on climate change, and the necessity for an environment friendly approach going forward, and reversing the environmental damage where (and to extent) possible, for a sustained future of humankind is getting in conscious awareness.
The businesses are impacted, with increasing automations and digitalization, leading to rapid cycles of innovation, significant efficiency gains, and speedier launch of new products or services.
Automations havea dual impact, on one-side monotonous repetitive tasks are reduced, many tasks become simpler and more efficient to accomplish, but on the other-side in many instances the complexity of residual manual works increases (as decisions trees are automated – what cannot be pre-decided remains manual), with increasing analytics and speed of actions.
The newly emerging period, the Wisdom era, is characterized by the wise use of knowledge and consists of budding technologies like nanotechnology, biomimicry (a sort of intersection of biology and technology that should enable nature-inspired solutions for a healthy planet), social media, renewable / advanced energy sources etc.
In this emerging global and automated world, with increasing relevance of knowledge and it wise applications, the organizations will need to speedilyevolve capabilities, competencies, products, processes and systems, through innovation and in harmony with the nature.
Are our businesses, our organizations, our education systems, our society, and our people ready to keep pace with this emerging business paradigm?
The attempt is make this an open question, to introspect and to seek thoughts;for leveraging the cumulative experience of manyand to refine/expand the partial answers that we may have, to proactively prepare and support responding to this convergence of multiple changes.
