By: Thornton May on January 13th, 2014
Technology changes what is possible. Every “age” has a feel, a zeitgeist. That zeitgeist is very much a function of the fact that every age has a defining technology. The age we are just now entering has four defining technologies – Social, Mobile, Analytics, & Cloud – the SMAC stack. The economics and ergonomics of experimentation have changed. It has never been easier – or more profitable – to do new things. To do new things require new modes of thought. That is why I advocate a “cognitive reboot.”
2014 is going to be a BIG year for change. All the environmental factors contributing to massive change [e.g., dissatisfaction with status quo, disruptive buzzing of new participants deploying new technologies in unique and unorthodox ways, and available/affordable capital] are in massive abundance. The organizations which will truly prosper in 2014 are those who attack the SMAC stack, not one technology as a time but focus rather on how all these four disruptive technologies can fundamentally change value drivers.
If you aren’t at a parity point regarding social, mobile, analytics, and cloud mastery – employees won’t work for you, and customers won’t buy from you. You can’t get much more disruptive than that – no workers and no revenues. It places content management [meaning making] back on top of the strategic agenda.
Industrial-age enterprises were designed to operate at the lowest possible informational level – because, at the time, information was scarce, hard to collect, expensive to store, and impossible to analyze in a timely basis. The fact that there is a super-abundance of information floating around for anyone to do anything with IS NOT A BUG – IT IS THE DEFINING FEATURE OF OUR NEW CIVILIZATION.
Organizations need to re-examine what they do and why they do it – down to the activity level – with an eye toward how the SMAC stack changes things.
Thornton May is Futurist, Executive Director and Dean of the IT Leadership Academy. His extensive experience researching and consulting on the role and behaviors of Boards of Directors and “C” level executives in creating value with information technology has won him an unquestioned place on the short list of serious thinkers on this topic. Thornton combines a scholar's patience for empirical research, a stand-up comic's capacity for pattern recognition and a second-to-none gift for storytelling to the information technology management problems facing executives.