We have almost limitless, almost free computational power. What does that mean for shareholders? The first commercial digital hearing aid was created by the Nicolet Corporation. Robert Hutchings Goddard (an American physicist and inventor) is acknowledged as the father of modern rocketry. After many years of failed attempts and public ridicule, Goddard’s first successful rocket was launched on March 16, 1926 from a relative’s farm in Auburn, Massachusetts. This is a an improved voltaic cell with a cylindrical zinc shell (the zinc acts as both the cathode and the container) that is lined with an ammonium chloride (the electrolyte) saturated material (and not a liquid). 1964 UAV (Drones) Used for first time. Waterman put an ink reservoir in the pen above the pen’s metal nib (point). In announcing the discontinuation of the feature that deliberately degraded the signal, the White House said in a statement that civilian users of GPS would be able to pinpoint locations up to 10 times more accurately than before. Vitally of course, purpose encompasses the central, immutable purpose of every for-profit organization that of attracting and keeping desired customers profitably. Six major firms were involved in the development of the VCR: RCA, JVC, AMPEX, Matsushita Electric / Panasonic, Sony, and Toshiba. The Otis company later bought the patents for the escalator and marketed it worldwide. 1855 The electric motor is first developed. Electric clothing – Physicists at Wake Forest University have developed a fabric that doubles as a spare outlet. A disruptive force is one that causes a major change in the fabric of an industry or society. Intended operationally in the sense of what job it is that the customer hires our goods and services to accomplish and also what do we stand for, what values bind us? 1959 Integrated circuitry is born. Employers of these children who weren’t able to show this were penalised. At that time they weren’t called blogs, and he just referred to it as his personal homepage. As technology continues to develop we can expect our ability to be able to “Globalize” its positive impacts to increase with the cost of its deployment dropping proportionately. His was the first system able to send mail between users on different hosts connected to ARPANET. I think we can confidently assume that investors will choose organizations intent not on replicating yesterday’s success but demonstrably equipped and committed to creating tomorrow’s success today. These batteries have an alkaline electrolyte, and not an acid. Skroupa: You have described the 21st century organization as a “happy oxymoron.” Could you explain what you mean by that, and how we may be departing from a century of established management science? Today our world is undergoing an even more dramatic transition due to the confluence of four fundamental disruptive forces—any of which would rank among the greatest changes the global economy has ever seen. 1960 First oral contraceptive for women is released & is credited with birthing the “Swinging sixties”! 2003 Skype launched to take advantage of VOIP (Voice Over Internet Protocol) – allowing people to “Phone” anyone with a Skype account, anywhere in the world, for free. 1857 Joseph Gayetty invented toilet paper. 2006 SanDisk Micro SD format is released allowing external storage for hand held devices such as cameras & mobile phones to be increased dramatically. 1953 1953 James Watson and Francis Crick, with the contribution of Rosalind Franklin and others, discover the double helix structure of DNA, the building block of life. Far more likely was the thinking around survival & consolidation as the world’s political landscape shifted with new alliances & borders. IC’s were invented independently by Jack Kilby and Robert Noyce, 1959 Virtual reality “Simulation” is developed for the first time by Douglas Engelbart. Posted November 28, 2016. What will the multiplier effect of that be? There was no fanfare in the global press. It was a recording from 1979 of Claudio Arrau performing Chopin waltzes (Philips 400 025-2). Our world is volatile and change is certain. If we are able to overcome political & societal barriers to this deployment, imagine what sort of positive impact this would have on our global society – and on our capacity to reach even greater heights of achievement! It is a device that detects ionizing radioactivity (including gamma rays and X-rays) – it counts the radioactive particle that pass through the device. Download the eBook Globalization, Competitiveness, and Governability: The Three Disruptive Forces of Business in the 21st Century - Ricardo Ernst in PDF or EPUB format and read it directly on your mobile phone, computer or any device. In mid-1998, the South Korean company licensed the players for North American distribution to Eiger Labs, which rebranded them as the EigerMan F10 and F20. 1971 First email program is developed by Ray Tomlinson. AbeBooks.com: Globalization, Competitiveness, and Governability: The Three Disruptive Forces of Business in the 21st Century (9783030175153) by Ernst, Ricardo; Haar, Jerry and a great selection of similar New, Used and Collectible Books available now at great prices. When the wheel spins, it retains its spatial orientation, and it resists external forces applied to it. On December 17, 1903, the “Flyer” flew for 12 seconds and for a distance of 120 feet (37 m). It often still does despite the evaporation and decline over the last 16 years of a vast number of previously gargantuan organizations. This first motorcycle was a coal-powered, two-cylinder, steam-driven unit that was developed by the American inventor Sylvester Howard Roper. The point is to prioritize, plan and then make informed choices on the innovation strategy best suited for your particular environment. He never succeeded in marketing his new device. 1975 Discovery of endorphins – natural pain killers in the brain. 1908 The Geiger counter (sometimes called the Geiger-Muller counter) arrives. 1958 Jet air travel becomes a reality. (eg, inventions that lead to other inventions). 1985 Microsoft introduces its Windows OS in response to Apple’s Mac. TIMELINE OF DISRUPTIVE TECHNOLOGIES IN THE 21ST CENTURY. The spammers of the world salute you! A New York inventor, Seeley patented his “Electric flatiron” on June 6, 1882. The first automatic analog cellular phone was made in the 1960’s. Two weeks after Telstar’s debut, President Kennedy holds a press conference in Washington, D.C., that is broadcast live across the Atlantic. The first commercial compact disc was produced on 17 August 1982. Technological developments and climate change have been two elemental forces that have taken the century with a storm. Skroupa: As an innovation specialist, how have you seen the capacity for innovation in a company’s internal and external operational strategy shift going into the 21st century? Leadership in the 21st Century and Global Forces: Dominic Barton, McKinsey. Disruptive Forces Blow Up 21st Century Business Models. It became the century … The former KGB spy once bemoaned the collapse of the Soviet empire as the “greatest geopolitical catastrophe” of the last century. Globally, almost 23 billion messages are sent per day, or almost 16 million messages per minute. 1895 X-rays are discovered by Wilhelm Konrad von Roentgen (1845-1923). For poorer families, ensuring their children attended school proved difficult, as it was more tempting to send them working if the opportunity to earn an extra income was available. Our workplace is more varied than it has ever been. 2001 The robotic artificial heart, known as the abioCor was the size of a softball, was self-contained, and worked on a battery pack that the user could strap to his waist. In 1867, Thomas, Edward and Clarence Scott (brothers from Philadelphia, Pennsylvania, USA) were successful at marketing toilet paper that consisted of a small roll of perforated paper. 1852 The rise of the elevator. 1956 The first shipping container was invented and patented by Malcolm Mc Lean, not for ships but for trucks – Mc Lean was not an ocean shipper, but was a trucker, he owned the largest trucking fleet in Southern USA and the fifth largest trucking company in all the United States. In a world of disruptive digital business models, augmented workforces, flattened organizations, and an ongoing shift to team-based work practices, organizations are challenging their leaders to step up and show the way forward. Vacuum tubes strengthened weak audio signals and allowed these signals to be superimposed on radio waves. For all our sakes, for future generations and for the planet, I must trust that unalloyed shareholder value and the self-interest of the pure bottom line have no place in the investment architecture or behavior of the 21st Century company. 1998 Launch of the Google search engine. Coextensively, globalization and hyper-connectivity have shrunk our world and woven global economies together inextricably, challenging the very possibility of a purely local business. RFID stands for Radio-Frequency IDentification. Like many other creations, this one was also a result of many brilliant and inquisitive minds. The user is not required to handle unruly tape ends and thread the tape through the machine before use, making the medium of magnetic tape more friendly to everyday users. 1995 DVD (“digital versatile disc” or “digital video disc”) is a digital optical disc storage format invented and co-developed by Philips, Sony, Toshiba, and Panasonic. Edison eventually produced a bulb that could glow for over 1500 hours. Of these, the big winners in the growth of this industry were Japanese companies Matsushita Electric / Panasonic, JVC, and Sony, which developed more technically advanced machines with more accurate electronic timers and greater tape duration. TIMELINE OF DISRUPTIVE TECHNOLOGIES IN THE 21ST CENTURY. The first radio transmission across an ocean (the Atlantic Ocean) occurred on December 12, 1901. remain nascent, but have impetus. While the Nicolet Corporation’s hearing aid was not publicly successful and the company shortly folded, it was able to start a competition between companies to create more effective hearing aids. Scientists at Princeton and Tufts are working on a superthin tooth sensor (a kind of temporary tattoo) that sends an alert when it detects bacteria associated with plaque buildup, cavities or infection. I believe I was the first person in insurance to have the title Chief Innovation Officer (a title freighted with problems, but that is another story). In 1919, Goddard wrote a scientific article, “A Method of Reaching Extreme Altitudes,” describing a high-altitude rocket; it was published in a Smithsonian report. Morris: As co-founder of The Global Sourcing Council and its UN hosted awards for socially sustainable sourcing, (The 3s Awards), I applaud the elevation in recent decades of investor and stakeholder regard for ESG. 1981 The laptop is created. Since then the merging of digital technologies & medicine has accelerated – leading to the development of electronic retinas, artificial pancreas, hearts, etc. 1980 Home computing takes off with the introduction of the Commodore $299 VIC-20. 1879 The first viable lightbulb is developed by Thomas Edison, who discovered that a carbon filament in an oxygen-free bulb glowed but did not burn up for 40 hours. In fact, most people around the world didn’t even know what the Internet was. The four worked to create an operating system for mobile devices which could be aware of both a user’s location and their personal preferences. Humans share their gene make-up with much of the natural world, leading scientists to joke that because of the genes we share, human beings are 60 per cent banana! He can be contacted at www.communicationcommando.com. TCP/IP was developed in 1978 and driven by Bob Kahn and Vint Cerf. 1967 Jocelyn Bell identifies pulsars (neutron stars). It’s a plastic, a dense synthetic polymer that was used to make jewellery, game pieces, engine parts, radio boxes, switches, and many, many other objects. The service was created by three former PayPal employees in February 2005. Their success leads to the eventual development of the Unmanned Aerial Vehicles widely used today. Myriad approaches to innovation exist. 2015 Artificial pancreas – an insulin pump that automatically adjusts the delivery of insulin based on its sensor, which measures blood-sugar levels every five minutes. How do you see that shaping the future of shareholder engagement and company value? 1991 The Internet arrives with a whimper. "Ricardo Ernst and Jerry Haar make a compelling case that three transformative forces-globalization, competitiveness and governability-are collectively impacting the 21st century business environment and especially disrupting technology, supply chains, and financial services." This was a project of Thomas Edison that was organized and managed by his partner, Edward Johnson. Gyroscopes are used in navigation instruments (for ships, planes, and rockets). Twenty-first century innovation continues the traditional spectrum of traditional genres and degrees of innovation, be it product/service, process and business model or sustaining and incremental through to disruptive. Conceived by George C. Devol Jr. to move and fetch things, the invention gets a lukewarm reception in the United States. Sholes’ prototype had the user hit a key (for each letter and number), which struck upward onto a flat plate, producing a carbon impression of the letter or number on the paper. 1968 Touchscreen technology was launched. 1950 Micro surgery is developed for inner ear operations. I stress purpose because that is what animates and engages us; it is the antidote to cynicism and complacency and it provokes a shift in emphasis from the mere what that you sell to the richer and more compelling notion of why you exist. The strategic story with its cast of three—resources, processes and values—romped through various thematic twists familiar to us all. Others want to build or buy the capability. Telstar makes real a 1945 concept by science fiction author Arthur C. Clarke, who envisioned a global communications network based on geosynchronous satellites. By Christopher P. Skroupa. That is an incredible amount of groundbreaking change. There are, however, tools and practices that massively augment the potential for successfully constructing an innovation capability. But innovation is not what you proclaim but what you do, and in business, it must be done repeatedly, sustainably and scalably. 1972 The CAT scanner is invented by Geoffrey Hounsfield (Britain) This device uses x-ray images from a number of angles to build up a 3D image of the inside of the body. 2009 Twitter revolutionises the social media space with its 160 character messaging platform. 1969 The first videocassette prototype is demonstrated by Sony. At the time, Berners-Lee was working at CERN, the European Particle Physics Laboratory located in Geneva, Switzerland. Unfortunately, Gayetty’s invention failed. 1879 The mechanical cash register was invented (and patented) in 1879 by James Ritty, who started the National Manufacturing Company to sell them. 1869 Celluloid is first made. My instinct is to look at those three things every company gets to make choices about—resources, processes and values—through a fresh lens. 1975 Cesar Milstein and co-workers develop monoclonal antibodies, the ‘magic bullets’ that can seek out specific antigens and therefore disease-causing organisms. Demonstrable negative consequences inevitably unfold financially, reputationally and legally from governance failures and adverse environmental and social impact. 1996 ‘Dolly’ the sheep is born in Scotland. It is this “Compression” of timeframes that makes the 21st Century advances seem more dramatic & of greater impact. Fast and free shipping free returns cash on delivery available on eligible purchase. However, in 1859, the French physicist Gaston Plante (1834-1889) invented a battery made from two lead plates joined by a wire and immersed in a sulfuric acid electrolyte; this was the first storage battery. The four-engine plane carries 181 passengers and cruises at 600 mph for up to 5280 miles on a full tank. 1867 The motorcycle arrived! What does that mean for shareholders? Life expectancy in developed nations hovers between 75-85 years – depending on sex & location. Bell Labs announces the invention of the first practical silicon solar cell. Our 21st Century cities would look very different if it wasn’t for this invention! Estimates are that there were one million personal computers in the US in 1980 (compared to 310 million in 2013). He invented the system as a way of sharing scientific data (and other information) around the world, using the Internet, a world-wide network of computers, and hypertext documents. It’s a totally different landscape in just about every facet of day to day living & it all happened within a single lifetime! For example, the records used as the basis for Phonographs/Gramophones were in widespread use for over 80 years, whereas the CD had a lifespan of only 25 years. Think of all the things in our day to day that use an electric motor – hairdryers, food mixers, electric shavers, & the myriad industrial machines – winches, cranes, conveyor belts, etc & you start to get some idea as to the impact of this one invention! On 6 August 1991, the World Wide Web went live to the world. Today we can enjoy 3D printed buildings, cars, firearms, medical prosthesis, cloths, organs and body parts, amongst others. 1884 The first fountain pen is made by Lewis E. Waterman (an American inventor and insurance salesman) who developed a relatively leak-proof fountain pen; he patented his new invention in 1884 and revolutionized writing. The foundation of electric motor invention was only laid after battery, magnetic fields from the electric currents and electromagnet made their way into the world. Then came Myspace, followed in 2004 by Facebook. you exist. 1963 RFID is invented. George Eastman invented the flexible film roll in 1889 & the medium started to become widely used as a result. 1962 The first “active” (as in amplifying and retransmitting incoming signals, rather than passively bouncing them back to Earth) communications satellite – Telstar is launched. Global Powers in the 21st Century fills this gap, offering in-depth analyses of China, Japan, Russia, India, and the European Union in this new global context. The acronym refers to small electronic devices that consist of a small chip and an antenna. This computer ran a 16-bit CPU on an 8-bit bus (the Intel 8088), had five expansion slots, included at least 16 KB of RAM, and had two full-height 5.25″ drive bays. In my work, I have seen this approach liberate and inspire creative thinking, a shift that favors inquiry and understanding over quick answer, discovery and insight over prediction and blinkered certainty and clarity over confusion. This week, the Darden Leadership Speaker Series kicked off with a talk by Dominic Barton, Global Managing Partner of McKinsey & Company. 1986 Nanotechnology comes of age. Tablets become the next new thing & within 2 years are everywhere. Globalization, Competitiveness, and Governability: The Three Disruptive Forces of Business in the 21st Century: Ernst, Ricardo, Haar, Jerry: Amazon.sg: Books (Portio Research). He was a Swedish inventor and industrialist who invented many powerful and relatively safe explosives and explosive devices, including the “Nobel patent detonator” (it detonated nitroglycerin using a strong electrical shock instead of heat, 1863), dynamite (1867), blasting gelatin (guncotton plus nitroglycerin, 1875), and almost smokeless blasting powder (1887). Originally developed by the Department of Defense to aid the military, the satellite-based system provides location and time data to users. Although there were search engines before Google (the first being “Archie” in 1990, then Alta Vista & Yahoo! In November 2006, it was bought by Google for US$1.65 billion. 2005 GPS became commercially viable and was embedded into phone devices from here on. 1958 Eight track tapes are created by RCA – although recording tape was invented in the 1930’s The main advantage of the RCA tape cartridge over reel-to-reel machines was convenience. On his “Inclined elevator,” passengers rode on an wedge-shaped supports attached to a conveyor belt at an incline of about 25 degrees. 1956 Allen Newell, J. C. Shaw, and Herbert A. Simon pioneered the newly created artificial intelligence field with the Logic Theory Machine, followed by the General Problem Solver in 1957. In 1968 a mouse device named Rollkugel (German for “rolling ball”) was released that had been developed and published by the German company Telefunken. Developed by Raytheon’s Percy Spencer patents a “Radar Range” that cooks with high-frequency radio waves; that same year, the Tappan Stove Co. introduces the first home microwave model. Vitally of course, purpose encompasses the central, immutable purpose of every for-profit organization that of attracting and keeping desired customers profitably. Occulus Rift, a leader in the field, was recently acquired by FB & Mark Zuckerberg is well known for picking future trends. If it’s not broke, this may be your only chance to fix it. The dawn of the space age has arrived! 2005 Youtube applies video to the social media concept. This a plastic made from cellulose (it is derived from plants). The late 19th & early 20th Century saw massive shifts in all major areas of society which became building blocks for much of the innovations delivered in the late 20th & early 21st Centuries. to name but a few), it quickly became the dominant player & now represents more than 90% of all internet searches. In 1928, the Geiger counter was improved by the German physicist E. Walther Muller. Dickson was rewarded by the Johnson & Johnson company by being made a vice-president of the company. 2003 Android arrives. We're not only working in offices, but trains, airport lounges, serviced offices, client sites and of course our homes. Following ArtistShare, more crowdfunding sites started to appear on the web such as IndieGoGo (2008), Kickstarter (2009), and Microventures (2010). Although calculators had been around for almost a decade they were large, cumbersome & expensive. These days, sharing information is most often done over an Ethernet (usually referred to as a LAN – Local Area Network); from the smallest office to the largest corporation, from the single schoolroom to the largest university campus, Ethernet is clearly the networking technology of choice. Widespread use of remotely piloted aircraft begins during the Vietnam War with deployment of 1000 AQM-34 Ryan Firebees which go on to fly more than 34,000 surveillance missions. Horizontal steps were added to the escalator by Georg A. Wheeler and Charles D. Seeberger (who bought Wheeler’s patent) in the late 1890’s. In part, this is pragmatic. Tim Berners-Lee invented the World Wide Web. Use the website to communicate with me. Economic theories critical of ESG considerations have been soundly discredited in the last ten years by academic research and concerns about fiduciary duty conflicts robustly resolved. Only with major improvements in computing and electronic controlling systems in the1980s and ’90s were modern-day drones made possible. Again, the invention failed. Alongside where we work, the rigidity of physical space in the office is becoming an issue. By Kate Beach-9 September 2016. This bone-crunching vehicle was powered by a single-cylinder engine. 1976 Lithium batteries are developed. If it is not innovating, it is a design question. Back then, despite significant academic literature, innovation as an organizational competence and a management discipline was not widely understood. Her compiler revolutionized computer programming, automatically translating high-level instructions (easier to understand by people) into machine code (the cryptic, native language of the central processing unit). Dickson perfected the BAND-AID® in 1920, making a small, sterile adhesive bandage for home use. I think the business imperative is indisputable now but still the overwhelming majority of CEOs surveyed report frustration with innovation. Machine learning will mandate that we learn to innovate the what and how of human commercial activity. 1882 The electric iron was invented by Henry W. Seeley. Innovation subsequently became “fashionable,” at least rhetorically, and no annual report left home without its liberal sprinkling of self-awarded adverbs and adjectives. It urges the dual reflection comprised in one question: What are we for? ), I applaud the elevation in recent decades of investor and stakeholder regard for ESG. Today’s businesses’ biggest competitive threat may not come from their competitor, as evidenced by, say, the so-called “sharing economy” or social media phenomena, or that unlikely little low-budget start-up. 1955 Polio is finally beaten by Jonas Salk (1914-1995) – a research physician who formulated a vaccine against the devastating disease. There are no secrets or miracle formulae. The VCR started to become a mass market consumer product; by 1979 there were three competing technical standards using mutually incompatible tape cassettes. The modern-shaped paper clip was patented in April 27, 1899 by William Middlebrook of Waterbury, Connecticut, USA. Looking at all of these inventions you can start to get an idea as to the scope of change that society went through during this seventy year period. 1978 TCP/IP (Transmission Control Protocol/Internet Protocol) system is established. 1867 Dynamite is invented by Alfred Bernhard Nobel (1833-1896). 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