Tag Archives: economy

Smart Thinking: thought leaders showing signs of convergence

27 Jun

History is littered with examples of folks letting go of things they hadn’t fully grasped.

Idea When the penny finally drops they find themselves trailing way behind those who were a bit quicker on the uptake – or in common parlance those who ‘got it’.  Their prompt perception gains them the accolade of Thought Leadership.

 

The difference between a leader and a follower is that they didn’t just ‘get it’.  They picked up the ball and ran with it – which is why several hundred of us flocked to Toronto this month to listen to the experiences of what are reckoned to be the world’s most ‘Intelligent Communities’.

 Intelligent Communities?

The question of definition, hangs in the air.  Take this year’s winner. What’s so special about Columbus Ohio? Why so much more deserving of this accolade than, say, Ipswich Australia, New Taipei City, Taiwan or Mitchell, South Dakota?

The Intelligent Community Forum (ICF) has been honing its analytics for eight years – a good deal longer than most of us have been thinking about smart cities. While the applause in Toronto was echoing around the globe, other smart thinkers were beginning to come to the same sort of conclusions.  It’s not so much to do with the technology as what folks choose to do with it – and what these Intelligent Communities have done is to radically transform their local economies and the lifestyles of their citizens.

In nearly all cases FTTx is the foundation on which these enterprising leaders have developed programmes that:

  • deliver digital inclusion,
  • boost the capacity for innovation,
  • ensure that expertise is available for new ventures, and
  • exploit those positions through advocacy that brings new investment and jobs to their communities.

Below those top-level drivers there are many sub-themes but very little of the old sector approach that dominates in conventional silo-bound economies. The ICF thought leaders embrace ‘Open Data’, seek a ‘Resilience Dividend’, welcome the ‘Sharing Economy’ and invest in ‘Municipal Enterprise’.

Those who come to a Smart City agenda from the technology market perspectives of, say, an Internet of Things or ‘Smart Meters’ or a renewed Maker Economy’ are, if we read the signs correctly, gradually converging around the ICF notion that the higher purpose is economic and social well-being.

Professor Erik Brynjolfsson of MIT – evidence-led thought leader for sure – put his name to an ‘Open Letter on the Digital Economy’ this month urging policy influencers to ‘get it’.  Here in the UK it was duly feted as ‘Wow! Vital Reading!’ – an evangelisation that reveals the astonishing need for management education even within the ICT industry.

Common sense is clearly not so common. Anyone reading stories to children will appreciate the value of repetition. It’s a long haul but someone’s got to do it and Erik’s just the sort of chap that lots of industry folks will listen to again and again.

Even the UK’s Nesta produced a report last week that to some extent put smart city technology back in its box whilst trying to explain that people are not peripherals.

To paraphrase Chief Executive Geoff Mulgan, “Over the last two decades the label ‘smart city’ has been applied to a family of technologies that can speed up the flow of things around the city and reduce the physical frustrations of urban life.

Many of these innovations are obviously useful. But some of the smart city ideas took a wrong turn, too often emphasising expensive hardware rather than cheaper solutions; too often showcasing technologically interesting ideas rather than responding to citizen’s real needs ; and too often making over– inflated promises that couldn’t be supported by hard evidence.

“That’s why the smart city movement is now turning in a rather different direction. It’s combining the best of new generations of technology . . . . . while also involving citizens much more closely in shaping how cities can work

Both of these siren voices, (MIT and Nesta) coming from a technology viewpoint, are mobilising to articulate their newfound perspectives and appeal to audiences that need to hear them.

No one has a monopoly on wisdom but, by virtue of real world experience, the Intelligent Community Forum (and its ranks of mayors, civic leaders, policy influencers, international jurors and academic assessors) have a great deal of value to share with communities and their leaders.  Shared Thinking is the thing – ‘Intellectual Property’ in this arena is almost oxymoronic – properties not shared are hardly intellectualised.

And the lessons for leaders (and indirectly for systems designers, infrastructure providers and ICT sales managers) are very simple.

Those successful communities identified by ICF have been fortunate to (a) have leaders who last longer than the next election and (b) have grasped and held onto the simple truth that they increasingly live in a digitally-mediated era and every aspect of the way they, their local economy, their communities and culture work must be adapted for this time.  But these, now acknowledged, community leaders did that 10-20 years ago whilst most others were still wondering where the next year might take them.

You might say, ‘if only’; if only we had the infrastructure, if only the schools taught coding, if only, if only . . . but these places have seized their destiny and made all that, and more, happen.

So it is that within the next two years every single property in Mitchell, South Dakota will have access to future-proofed symmetric Gigabit fibre and many already have a choice of three distinct networks – fibre, cable and ADSL.

No one in Mitchell needed to bet on which technology would ‘win’ – no one said that they knew what was good enough for you or your pocket. People and Employers decide according to their needs – but vitally they have that choice.

And whole communities have a choice.

They can choose leaders who can steer their local economies to meet local needs – and they can do that regardless of some distant policy guru in a state or national capital.  That is the essence of municipal enterprise – an empowerment for growth.  And it’s good news that technology ‘Thought Leaders’ around the world are beginning to get that message – people are not peripheral.

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The experiences of the ICF Summit will inform the agenda and thrust of NextGen 15 in London on November 5th.  For further information and sponsorship opportunities contact Marit Hendriks at NG Event Ltd (marith@nextgenevents.co.uk )

For more information on Municipal Enterprise search on this site (top of page)

 

 

 

 

 

 

 

How many holes in Blackburn, Lancashire – or anywhere else?

21 Jun

 

Beautiful country area with small town and brightly colored fields

As one of the many great communities that exist beyond the Metro rainbow, Blackburn and its people can stand as a metaphor for 50% of UK economic growth. Blackburn is not even included in the imagination-stretching redefinition of the UK’s 15 Metro Areas – a definition that has Aldershot as part of London. A definition which city lobbyists would claim to ‘make up’ fully 61% of the economy.

Like the rest of the real 50% that’s neither ‘made up’ nor under Whitehall’s devolutionary policy spotlight, Blackburn’s community of enterprises and people may understandably be forgiven for echoing the words of Oliver Hardy – ‘Well, here’s another nice mess you’ve gotten me into’. But, in reality, the 50% are not alone: much of magic Metro-land also suffers from the same lack of attention to things that have turned out to be really rather important.

The last two weeks have been informative. But here’s a question. What theme links the Niagara Falls and a group of West Country MPs?

Yesterday ISP-review reported that a group of MPs, primarily from Devon and Somerset in England’s South West, have established a new All-Party Parliamentary Group that will investigate the roll-out of broadband.

Wandering the corridors of Westminster are many All-Party Parliamentary Groups that might regard this as their natural territory but, as we are constantly reminded, competition is a spur to innovation.

The new grouping may waste time by trying to pin the blame on the usual suspects, or, more positively, they might perhaps focus their minds on how to get out of this communications cul-de-sac. If reports are accurate, there’s a faint glimmer of hope: “it’s important to keep an eye on alternative network operators that can do some of the jobs”.

But that is merely a tactical reaction. Wake Up calls – Seriously Shocking Wake Up Calls – usually follow some undeniable crisis. The question, therefore, is whether the new group of MPs is driven to complain about inconveniences or recognize and demand attention to a real full-blown crisis.

But what has any of this this to do with the Niagara Falls? Another metaphor.

Horseshoe FallsIn the margins of the 2015 Global Summit of the Intelligent Community Forum in Toronto we took time out to visit. We transitioned from intense conference sessions led by mayors, civic leaders and progressive communities from around the world to standing right alongside this unstoppable force of nature.

Whilst many places struggle, the energy of leaders of the world’s foremost Intelligent Communities (note – much more than merely ‘smart’) clearly demonstrated how these places were succeeding, principally because they have held on to a truth that others have yet to fully grasp.

These inspired leaders have thought through the diverse impacts of living and working in a digitally mediated world. They see a world that demands much more than some short-term fix, ‘enough to be going on with’, or soothing reassurance that things will be OK if we muddle through.

They see all too clearly that we live in a time of ‘peak snake oil’: that like the unstoppable forces of nature, they, their people, their local economies, their cultures, must adapt to the new realities and not be satisfied by convenient short-term fixes. Fortunate indeed are these places that have leaderships that last way beyond electoral cycles and principles that were set down 15 or 20 years ago.

Standing alongside those thundering great falls, no one can deny their never-ending force. No one can dismiss this force as some impossible dream that we do not need, cannot afford, or could not cope with – leastways, maybe, perhaps, not just yet?

The West Country MPs, the good folks of Blackburn, the vast bulk of our economy, whether in or out of Metroland, even those technological romantics who imagine that maybe 5G will be a panacea (but overlook the need for backhaul to support thousands of 250m-radius cell sites), cannot ignore the reality that the future of our next and subsequent generations hinge on getting real;  rejecting woefully inadequate technologies and a scary devotion to old models that have long passed their sell-by date.

Please don’t waste time on the blame game, on fixing holes. Patches are for pirates. Okay – it’s a pity the last three decades were wasted but the time is now to sit down, decide what is really needed in 2030 and set about delivering it a good deal earlier.  It is far cheaper and yet far more valuable than you have been led to believe – if you (and your children) really want it.

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Readers may also appreciate our discussion paper written as preparation for the ICF Global Summit and a brief (4-minute) script – the ‘Ten Eggs‘ talk,

 

 

 

 

 

 

Global Trade Development outwith the Metros: not beyond belief

3 Jun

[This background discussion paper is written ahead of the Intelligent Community Forum’s 2015 Global Summit in Toronto. The Rural Master Class session is focused specifically on cross-border trade and explores how smaller cities and rural regions develop international connections to power their growth.]

Conventional wisdom says that the pursuit of global growth is surely what has led to the success of major cities.  Few doubt that many enterprises are drawn to locate in great international trading hubs and, for sure, capitals like London, New York, and major regional hubs around the world get most of the attention from the media, lobbyists and politicians.

Managing Metro growth and its consequences (migration, housing, health, transport, etc.) has given rise to the re-emergence of the City State, with all that implies for local empowerment and devolutionary pressures in countries hoping to remain united.

Beautiful country area with small town and brightly colored fields

The notion of growth in international trade from enterprises rooted in our countryside and less-regarded towns may, at first glance, seem unlikely.   Scratch the stats however and beneath the glossy megacity headlines you can sniff the fragrance of a less-urban, more rural, renaissance.

Digital transformation is enabling business to thrive in places where employees like to live – in places where they can afford to live – in places where they can appreciate the value of community – in places where they feel more at home.

Those enthusiasms for being somewhere beyond the Metro’s rainbow are not just found in extremely remote, hard to reach, rural locations. Much the same homely attraction applies to smaller cities, market towns, hamlets and village communities. The reality is that digital infrastructures are now making a greater difference in places that might previously have been considered disadvantaged relative to those hungry Metros that suck in so much talent.

These less-regarded places are familiar with making do without much, if any, external intervention (or interference) from their national or regional governments. ‘Just Do It’ the locals will say, or more likely ‘JFDI’. This inbred capacity for action plus our newfound ability to network ideas and contacts without the hassle of travel points towards a greater levelling up of opportunity.

Dig deeper still into life beyond Metros and you’ll find a diverse and complex fabric of connections and capabilities – with very different channels and enablers for international trade.

The reality is that, because it’s diffuse and difficult to count, economists, policy developers and headline writers everywhere (except perhaps in local ‘provincial’ communities) have largely chosen to disregard the massive economic and societal contributions made outside of those Metros – the places whose sustainability we are now all supposed to be worrying about.

These good non-Metro citizens have built international trading networks without needing nightclubs and not being too offended by being dismissively described as ‘cottage industries’.

The prevailing economic ignorance of non-metro global trading stems directly from a lack of cohesive advocacy and the complexities of ecosystems that are not well suited to centralised policy interventions. Moreover the impacts of this general ignorance are reflected in sub-optimal priorities for digital infrastructure investment.

If the pursuit of global trading success is regarded as a priority in the national interest, then it might be expected to be incumbent on policy leaders and market regulators to understand and further encourage the evolution of these complex ecosystems.

But however well economic growth priorities are recognised at a national level, the limited effectiveness of top-down policy development in economies that are over-centralised reveals the need for empowerment and application of local leaderships.

Download the full paper (PDF 8.6 MB) Trade Development outwith the Metros

 

Grexodus: the greater Greek Tragedy

3 Mar

Greek FlagThis Greek Tragedy is not one that most economists currently comprehend – leastways not those focused today on debts and delayed payments.  The greater Greek Tragedy is found in its ever-increasing exports – of people.

Economists may fret about Greece’s bond repayments and commitment to the rigours of austerity medication but the future of the Greek economy cannot be measured solely by speculative probabilities of staying within the Euro currency.  A modern Greek Tragedy is unfolding as thousands of bright young people pack their bags and seek new pastures.

Full Story

Brick Walls Crumble as Digital Realisations Dawn

23 Feb

Brick WallMost Groupe Intellex writing appears first on our old home site which is long overdue for redesign.  The shorter postings here are often brief summaries that link back to the full story – but flagging them here has two advantages – firstly the auto-tweet mechanism works more reliably and secondly this site enables comments and feedback from readers.

Today’s post is about two recent writings that really need to be read together.

As ever at this time of year, the FTTH Council Europe Annual Conference (this year in Warsaw) brings an intense focus on the reality of fibre technologies, new understandings of user experiences, the surprising impacts on network revenues and cost-reductions  in network deployments – particularly in construction costs.  More than that, the longer-term implications beyond 2022 get the attention of analysts and provide a useful context for current policy debate – especially in the UK and Germany where long-standing addictions to short-term goals (under cover of investment caution) seem increasingly out of kilter with demand and long-term economic health.

Then, coming back to the UK, one cannot help but notice that, remarkably, there is a sea change in the awareness of private and public policy influencers evident in multiple reports – the painstaking work of committees, commissions and consultations that has moved beyond acceptance of legacy constraints.  Even in the House of Lords they have noticed that ‘We are facing a tsunami of technological change, driven by the digital revolution, affecting virtually all areas of our lives.’  Pushing against the wall, the muscle of  ‘something must‘ now has the strength and determination to become ‘something can and will‘.

Cynics may say that this is but advanced wishful thinking – too early to call.  But the wall is beyond patching.  The weather has set in.  The mortar mix (equal parts,  fear, ego and greed) is crumbling.  Time to take it apart and build something sustainable.

 

 

Three (UK) substitutes for five minutes thought

12 Feb

220px-levin-bbcWhen the late, great, Bernard Levin was writing in the 1970’s for The Times, he dismissed repeated calls for the return of capital punishment as just ‘one of the popular substitutes for five minutes thought’.  That phrase suggests he had in mind plenty of other substitutes worthy of his ire.

Now, more than two decades on from his passing, the death penalty that he might have raged against is the likely death of an economy where governance has lost its bearings.

There’s no knowing, of course, what ‘popular substitutes’ he would nowadays have selected for his brilliant brand of incisive criticism, but current fascinations with all things digital suggest at least three – these being prompted by the growing evidence of the economic impacts of infrastructure investment and the impending tsunami of data being unleashed by video technologies.

Read the full story

Written from #FTTH2015 Warsaw and informed by presentations from VentureTeam and Diffraction Analysis.

Presentation Press Conference FTTH Conference 11 February 2015

Graphic credit: BBC

Keeping it Under your Hat – creating a market for personal data?

20 Jul

HAT LogoIn our latest editorial we look at the work of the RCUK Digital Economy HAT project –  ‘Hub of All Things’.

Described as a model of ‘life-as-we-don’t-yet-know-it’ we introduce readers to the aftermath of Prof Irene Ng’s book ‘Value & Worth: creating new markets in the digital economy’.

The researchers assert that the Internet is changing from serving an era of transactions to a new age – an era of of data-driven decisions.

Read our full editorial with links to the project’s recently released briefing paper.

 

The Real Economy

21 Jun

How often do we hear politicians or commentators draw a distinction between reported data and their view of  ‘the real economy’?

Does this mean that there’s an unreal economy?

entrepreneurial state - cover pic

In our latest musings – ‘Summer Reading for Students of the Real Economy‘ – we start with that thought and then amble through recent refreshingly provocative texts that (a) suggest that this unreality is in truth the established orthodox views, assumptions, myths and their underling ideological roots and (b) what can be done about it?

Or maybe that’s a wee bit of an over-statement?

Feel free to disagree when you’ve read your way through the full editorial and the works cited therein.

 

Or, come along to the Intelligent Cities conference in Bradford (July 15th – and FREE) where great minds will be gathered to think about how smart a city must be to become truly  intelligent.

 

Growth – Who Needs It?

20 May

Green sprout in an eggAdam Lusby, Founder of CE-optimal, writing as a guest contributor for Groupe Intellex, tackles a common concern – the addiction of our economic systems to growth.

He argues that the debate should not be between a choice of growth or decline but should more about the way we achieve growth.

Very much in line with the thinking behind the Circular Economy he argues for a more ‘restorative’ economy – and cites natural systems as the best guide.

Full Story here

Tackling Brick Walls – the challenges of Circular Economies

19 May

Brick Wall

 

From our observations following a recent discussion on Sustainability, we suggest that tackling the challenges head on is not an effective use of resources.

 

Given time and the natural inventiveness of citizens and enterprises, today’s brick walls will rot through their own irrelevance – a process that is being accelerated within digitalised economies.

Full Story here