S.O.C.I.A.L. - Tom Friedman from the New York Time's on the current revolution.....
Sunday, October 23, 2011 at 4:21 AM Tom Friedman of The New York Times has been one of my favorite columnist, and he typically takes on the political and 
economic questions of the moment. In his latest column "One Country Two Revolutions", Friedman talks about the shift from Wall Street to Silicon Valley that is going on and how it is a SOCIAL event. At one point in my career, I did a Silicon Valley start-up and it failed in the "dot-bomb" era. Problem was there were too many ideas, too much capital and not enough customers. The difference is this time things are SOCIAL:
- S = speed — everything is now happening faster.
- O stands for open. If you don’t have an open environment inside your company or country, these new tools will blow you wide open.
- C is for collaboration because this revolution enables people to organize themselves within companies and societies into loosely coupled teams to take on any kind of challenges — from designing a new product to taking down a government.
- I is for individuals, who are able to reach around the globe to start something or collaborate on something farther, faster, deeper, cheaper than ever before — as individuals.
- A is for alignment. “There has never been a more important time to have all your ships sailing in the same direction,” said Benioff. “The power of social media is that it is easier than ever to both articulate, and reinforce, the vision and values that create and inspire alignment.”
- L is for the leadership that does that. Leadership in a SOCIAL world has to be a mix of bottom-up and top-down. Leaders need to inspire, enable and empower everything coming up from below in a company or a social movement and then edit and sculpt it with a vision from above into a final product.
Friedman goes on to say:
"SOCIAL is the latest phase in the I.T. revolution is being driven by the convergence of social media — Facebook, Twitter, LinkedIn, Groupon, Zynga — with the proliferation of cheap wireless connectivity and Web-enabled smartphones and “the cloud” — those enormous server farms that hold and constantly update thousands of software applications, which are then downloaded (as if from a cloud) by users on their smartphones, making them into incredibly powerful devices that can perform myriad tasks.
The emergence of the cloud, explained Alan Cohen, a vice president of Nicira, a new networking company, “means than anyone can have the computing resources of Google and rent it by the hour.” This is speeding up everything — innovation, product cycles and competition."
See the entire Tom Friedman column @ NY Times.
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