Innovation & Institutions, Will it Blend?
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Innovation & Institutions, Will it Blend?
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Twelve (12) Rising Innovation Trends From the 50 Most Innovative Companies of 2014 - Fast Co.

Twelve (12) Rising Innovation Trends From the 50 Most Innovative Companies of 2014 - Fast Co. | Innovation & Institutions, Will it Blend? | Scoop.it

The culture of innovation across the globe is more robust than ever. Here are 5 innovation trends excerpted from the full list of 12 from Fast Company's World's 50 Most Innovative Companies of 2014:

   

1)  EXCEPTIONAL IS EXPECTED   Google, the No. 1 company, did not land there for the range of its activities--despite the 29 achievements we list. ...today's smartest businesses tend to laser-focus on just a few goals; broad ambition can distract from the nitty-gritty required to turn goals into reality. Yet from Google Fiber to Google Glass to investing in new health technologies, Google executes at a high level repeatedly. That's why it tops the list.

________________________
     

How do you make meaningful change in the face of calcified institutions? Sometimes you just have to go around them.

    

________________________
      

    
2.   INNOVATION IS EPISODIC   ....From breakthrough change at Philips (No. 50), development of LED lighting has been under way there for 50 years--and a specific 11-month deadline provided the essential innovative exclamation point.
     

3.  MAKING MONEY MATTERS
….great businesses are self-sustaining. Dropbox (No. 4) and Airbnb (No. 6) are darlings of the venture set, but they also charge real customers real money for a product with real value. Unlike …pre-2008 whose business models rely on advertising for revenue (Facebook, Twitter, et al.), these enterprises are transaction based--and are reaping the rewards.

     


5.  SUSTAINABILITY HAS FOUND A NEW GEAR
…Today, energy efficiency, alternative fuels, and recycling are core advantages for successful enterprises. Brazil's Braskem (No. 41), a $19 billion petrochemical giant, uses sugarcane rather than oil to create in-demand plastics. Levi Strauss (No. 30) produces more than 10% of its clothing with recycled materials, on its way to 100%. ....You don't have to own a Tesla (No. 20) to see the impact.


7. CONFLICT ISN'T REQUIRED
How do you make meaningful change in the face of calcified institutions? Sometimes you just have to go around them. …DonorsChoose.org (No. 9) …avoidied unions and politicos by crowdsourcing direct assistance to teachers. Bloomberg Philanthropies (No. 2) uses data to answer questions other foundations aren't asking and SHoP Architects (No. 33) manages to both create cutting-edge designs à la indie firms and get them built at the appropriately industrial scale.


See the full list of 12 here.

 

Related tools & [posts by Deb:

     

        



Deb Nystrom, REVELN's insight:

These qualities are a good list to compare to other global company innovation lists, such as from Forbes.  Money is high on the list of 12, yet other qualities bear a look, compared to Forbes rankings based on the difference between their market capitalization and a net present value of cash flows from existing businesses.  ~  Deb

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Deb Nystrom, REVELN's curator insight, February 26, 2014 3:18 PM

This is a good list to compare to other global company innovation lists, such as from Forbes.  Money is high on the list of 12, yet other qualities bear a look, compared to Forbes rankings based on the difference between their market capitalization and a net present value of cash flows from existing businesses.  ~  D

Richard Platt's curator insight, February 26, 2014 11:43 PM

Pretty sure that I don't agree with some of what's on this list, but hey have a look, everybody's entitled to an opinion

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Why We Must Invest In Millennials To Survive ~ What They Want in a Career

Why We Must Invest In Millennials To Survive ~ What They Want in a Career | Innovation & Institutions, Will it Blend? | Scoop.it

"Find out why understanding the Millennial generation is important, if not crucial to a business' survival."


No single trend has a greater impact on business, government or the role of technology in the world than the emerging millennial workforce. ...[They are the]...  largest purchasing class in the world.


Excerpted:


  • They are the first generation born into the mobile device. According to a survey, millennials would rather give up driving than their smartphone or laptop.
  • They are driven by purpose, rather than professional recognition.....they care more about making a positive difference than workplace recognition.
  • They ...they want a meaningful career....not old school companies.
______________________________
       
....millennial consumers don’t buy products, they buy experiences and they want easy access
       
______________________________
      

In his keynote, Bill McDermott said, “Millennials are disruptive and creative...They will define the future of work into an environment that is highly digitized, mobile, social and of course, sustainable  ... “dematerializing and demonetizing at a breathtaking pace,” impacting markets in a disruptive way.

    

....millennial consumers don’t buy products, they buy experiences and they want easy access to these experiences.

    

...almost every mobile device maker is now trying to capitalize on the next biggest idea – wearable technology.


Related posts by Deb:
     

3 Success Factors for High Performance Teams, and What Gets In the Way (includes interview with a Millennial)

       

3 Things That Cause Ethical Breakdowns in Workplace Culture: Timing a Reminder is Everything     

Deb Nystrom, REVELN's insight:

Juicy nuggets of trend watching on this generational keynote useful for innovation forecasting from SAP's business innovation blog.  

Do you agree with the characteristics listed for Millennials, dematerializing and demonetizing? ~  Deb

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Deb Nystrom, REVELN's curator insight, November 4, 2013 8:20 PM

Rescooped from my Innovation and Institutions curation stream.  Do you agree with the characteristics listed for Millennials, dematerializing and demonetizing and the statement of their huge impact as the "largest purchasing class in the world? " ~  Deb

Deb Nystrom, REVELN's curator insight, November 18, 2013 1:07 PM

Do you agree with the characteristics listed for Millennials, dematerializing and demonetizing and the statement of their huge impact as the "largest purchasing class in the world? "


From Careers & Self-Aware Strength which also features recent articles on creativity and the End of Jobs.    ~  Deb

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The innovation mind behind Tesla, SpaceX, SolarCity: Elon Musk

Entrepreneur Elon Musk is a man with many plans. The founder of PayPal, Tesla Motors and SpaceX sits down with TED curator Chris Anderson to share details about what's next.

Deb Nystrom, REVELN's insight:

Shared from my Change Leadership Watch as a companion to another innovation post about Elon Musk on this stream.

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Deb Nystrom, REVELN's curator insight, July 21, 2013 10:56 PM

A TED talk that has made it to the list, "15 TED Talks That Will Change Your Life," belongs on this stream, and goes with a previous post here a few days ago.  ~  Deb

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Innovate or Die: The Future of Business, Brian Solis Facts, Slideshare

"In the circle of life, connected consumerism is the new reality.  Those businesses that don't disrupt their own markets will find their markets disrupted for them."  ~ Brian Solis


Visual POW infographics from Brian Solis' new book, What's the Future of Business.


Relevant posts from Deb:

    

       

Deb Nystrom, REVELN's insight:

Brian Solis features what is needed to influence responsive strategy in branding, including taking aim at your generation culture and ideas for adapting to what is next.  


Is your company adaptabile enough to stay healthy, growth or not?  


~  Deb

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6 Emerging Technologies in Higher Education

6 Emerging Technologies in Higher Education | Innovation & Institutions, Will it Blend? | Scoop.it

"Six (6) emerging technologies are identified across three adoption horizons over the next one to five years."


The work is by the NMC Horizon Project, a decade-long research project designed to identify and describe emerging technologies likely to have an impact on learning, teaching, and creative inquiry in higher education.


Trends included in the short list of major changes in higher education include:

  • Flipped Classroom, 
  • MOOCs, Mobile Apps, 
  • Tablet Computing, 
  • Augmented Reality, 
  • Game-Based Learning, 
  • The Internet of Things, 
  • Learning Analytics, 
  • 3D Printing, 
  • Flexible Displays, 
  • Next Generation Batteries, 
  • Wearable Technology.  


The NMC Horizon Report: 2013 Higher Education Edition is a collaborative effort between the New Media Consortium and the EDUCAUSE Learning Initiative (ELI), an EDUCAUSE Program.


Related posts by Deb via REVELN:


   



Via Alberto Acereda, Ph.D.
Deb Nystrom, REVELN's insight:

Academe is one of the biggest, most obvious targets of disruptive innovation, and on-the-job education is an aspect of it, via the previous post by Christensen.  Here's what Educause has to say about it.  See my Social, peer learning & curation stream to learn about "Peer Learning Circles."  ~  D

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Ten (10) Tech Trends That Will Change 2013 Business, Innovation Opportunities

Ten (10) Tech Trends That Will Change 2013 Business, Innovation Opportunities | Innovation & Institutions, Will it Blend? | Scoop.it

Excerpts from10 top technology trends that may shape your 2013 business creativity and innovation.


Excerpts:



1. Big data goes mainstream.


Paul Daugherty, CTO at Accenture, predicts that 2013 will be the year that many companies plunge into big data in a big way, which doesn't ensure success, notes M. Eric Johnson, director of the Center for Digital Technology at Dartmouth University.
   

"…we will continue to see a good deal of disappointment, …a lot of companies are clueless about how to unlock the value …in their data."

  
2. The digital enterprise emerges.
A confluence of technologies and systems is ushering in an era of digital acceleration. Clouds, mobile technology and social media increasingly make proprietary hardware and software platforms irrelevant.
   

Bill Briggs, global lead of Deloitte Digital and deputy chief technology officer for Deloitte Consulting. "There is an immense interrelationship among various digital technologies. They are profoundly reshaping business and creating enormous opportunities."
    

3. Social media gets sophisticated.

        
"…the combination of mobility, social and location-based services has the ability to transform the enterprise."

     

4. Clouds are everywhere.

   
"The cloud means that you can …create a sum greater than the individual parts, …[which] also translates into greater agility and flexibility."

    

5. IT stocks talent.

   
Organizations are loading up on IT talent and building centers of technology excellence to spur innovation.

   

…Last September, General Motors said that it plans to hire as many as 1,500 workers to staff a new computer technology center near Detroit. Other major companies have made similar announcements in recent months.

   
6. IT means business.

   
"We're at the point where you cannot separate business strategy from technology strategy," explains Deloitte's Briggs.  

"Siloed organizations cannot act in the highly agile manner that's necessary," Georgetown's Prashant warns. He says that organizations must create cross-functional teams and engage in practices that help IT and business executives become more fluent in each other's domains.

    

7. The post-PC era takes hold.  

   
"It's vital to deliver the full fidelity of services and offerings across mobile platforms," says David Reilly, managing director of Bank of America's Technology Infrastructure organization. 2013 will be a year in which IT executives must focus on creating a consistent experience across devices and browsers.

    

8. Consumerization rules.
Confront the bring-your-own-device (BYOD) movement and the consumerization of IT to support smartphones, tablets and other employee devices.

    

9. Organizations get serious about cyber-security.
Cyber-threats are increasing…Ernst & Young's Nichols says that organizations must examine security in a more holistic manner, including examining the cloud, partners and mobile systems.

The good news is that tools are becoming more sophisticated, and the coming year may be as a turning point.


10. Analytics is for everyone.

   

"We are quickly reaching a point of maturity…" …Analytics software is allowing more agile and effective decision making in business. This trend will continue to accelerate in 2013.

     

Read the full article here.


Photo credit: by UggBoy UggGirl - Flickr

    

Similar articles from Deb's blog:

    

     


Deb Nystrom, REVELN's insight:
  • Technology continues as an accelerator to business and a foil for creativity and innovation.  This is a great list to add to the trends cited in Change Leaders Watch.
         
  • It's also a good trend watch mix for what's next in our VUCA world  (Volatile, Uncertain, Complex, Ambiguous), although this list helps it be a tad less so.

   
~  Deb 

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How to Build the 100-Year Company - Michigan Steelcase, Ideas & Endless Innovation

How to Build the 100-Year Company - Michigan Steelcase, Ideas  &  Endless Innovation | Innovation & Institutions, Will it Blend? | Scoop.it

"Steelcase, the long-time maker of innovative workplace furniture, celebrated its 100th anniversary this year, and defines itself not as an office furniture company, rather as a company of ideas."


Catch a company that does it right.  Besides IBM and several other rare centarians, Steelcase stands out, in Michigan, in particular.


Excerpted:


The 100-year company is the rarest of all organizations in Corporate America – a survivor of multiple business cycles, the appearance of radically disruptive technologies and the changing tastes of entirely different generations.


In Michigan. Steelcase, doesn't define itself as an office furniture company, but rather, as a company of ideas:


______________________________


"Companies don't survive for a century, ideas do."

______________________________


(Fittingly, Steelcase is a sponsor of the TED Conference). The company, which began by making steel metal wastebaskets back in 1912, thrived during the great post-war Baby Boomer work generation that saw the transition to fixed workplaces and the rise of the modern cubicle worker.


Jim Hackett, the CEO of Steelcase, uses a deceptively simple idea to guide the company in this transition to a new mobile economy. He refers to this Big Idea as the movement from the "I/Fixed" paradigm to the "We/Mobile" paradigm.


______________________________


Steelcase is no longer selling products, it is selling experiences.

______________________________


Companies are shifting away from fixed office environments to mobile, collaborative workforces and flexible workspace arrangements that go beyond desks and chairs.


One of the company's recently launched product lines is media:scape, which is essentially a blend of furniture and technology to create collaborative workplace environments. At a certain level, Steelcase is no longer selling products, it is selling experiences.


______________________________


how [will] mobile change everything about your industry?

______________________________


So how do you build the next 100-year company? You first need to ask yourself how the ascendance of mobile will change everything about your industry.


Just as Steelcase got its start making metal wastebaskets, the next 100-year-company may be currently engaged in the creation of something so mundane, yet so practical, that we may not know how to recognize it yet as a future innovator.


Read the full post here.

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Google: Project Glass taken out for test run by Google co-founder: Report & Charming Video

Google: Project Glass taken out for test run by Google co-founder: Report & Charming Video | Innovation & Institutions, Will it Blend? | Scoop.it

"The Google Glasses are real!"  Project Glass, augmented reality lenses from Google, is already being tested by Google employees, including company co-founder Sergei Brin.


This video is already making the rounds on Facebook among my friends.  I wanted to share it here, as it foreshadows social media ease/connection.  


It is also spot on for a precursor of 10 year trend forecasting by Bob Johanssen that allows for virtual/digital alteration of your space, via the ACMP 2012 global change conference, and is representative, I think, of Google media relationship charm.


Excerpted:


This week Google officially confirmed the existence of Project Glass, a prototype pair of augmented reality goggles, which will allow users to see maps and chats and take photographs or notes without once reaching down for their smart phones.


"The Google Glasses are real!" popular blogger, Robert Scoble wrote in the Twitter message. Later he added that the goggles "look very light weight. Not much different than a regular set of glasses."


To view the charming, short video Google Glasses (complete with a sweet ukelele finale), go here.


Photo credit:  A screenshot from a Google video promoting Project Glass, a new augmented reality device from the team at Mountain View. - Google

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The End Of The Smartphone Era Is Coming

The End Of The Smartphone Era Is Coming | Innovation & Institutions, Will it Blend? | Scoop.it

Google and Microsoft are getting ready.

There's a big difference between what Microsoft is working on and Google Glass, though.
 

The most recent word out of Google is that Google Glass isn't going to use "augmented reality" – where data and illustrations overlay the actual world around you.
 

Google Glass is actually just a tiny screen you have to look up and to the left to see.
 

Microsoft's glasses seem to utilize augmented reality. In a patent illustration we've embedded below, you can see that the glasses put data on top of a live action concert and a ballgame.


Read more: http://www.businessinsider.com/the-end-of-the-smartphone-era-is-coming-2012-11#ixzz2sSTxhykq 


Related tools & [posts by Deb:

     

  • Stay in touch with Best of the Best news, taken from Deb's  NINE curation streams @Deb Nystrom, REVELN, featuring two approaches to change via once a month via email, available for free here, via REVELN Tools.
        
Deb Nystrom, REVELN's insight:

My current Galaxy S4 smartphone has a gesture option, to execute commands without actual touch.   It's not that far away from taking the enormous computing power of smart phones to a new platform, closer to the body, to deliver.  Computing power will only continue its exponential climb.  (Moore's Law - the number of transistors onintegrated circuits doubles approximately every two years.)  ~  D

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岩見 Nanjiroh's curator insight, June 5, 2014 7:01 PM

スマートホーン時代の終わりがきている。

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For J.C. Penney, a Tough Lesson in Listening, to Whom and Shopper Psychology

For J.C. Penney, a Tough Lesson in Listening, to Whom and Shopper Psychology | Innovation & Institutions, Will it Blend? | Scoop.it
Because of the quirks of human psychology, simplifying pricing isn’t so simple. J.C. Penney learned that lesson the hard way.


...consumers are conditioned to wait for deals and sales, partly because they do not have a good sense of how much an item should be worth to them and need cues to figure that out.


Just having a generically fair or low price, as Penney did, said Alexander Chernev, a marketing professor at the Kellogg School of Management at Northwestern University, assumes that consumers have some context for how much items should cost. But they don’t.




Via Anita
Deb Nystrom, REVELN's insight:

Connected to the last post regarding when and how to listen to customers, along with innovation.  ~  Deb

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Anita's curator insight, April 16, 2013 8:21 AM

When the numbers don't tell the whole story.

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The Nature of the Future – Review | Harold Jarche

The Nature of the Future – Review | Harold Jarche | Innovation & Institutions, Will it Blend? | Scoop.it

Marina Gorbis identifies unique human skills [that] should be the core of any public education program.


  • Sensemaking
  • Social and emotional intelligence
  • Novel and adaptive thinking
  • Moral and ethical reasoning


As Gorbis write... “Learning is Social”.


We need to learn how to work better with machines, letting machines do what they are good at.


Gorbis shows how machines and average people can outperform experts at playing chess. 


“Weak human + machine + better process

was superior to a strong computer alone

and, more remarkably,superior to a

strong human + machine + inferior process.

Deb Nystrom, REVELN's insight:

It's not just the skills, it's the social and the process, lest all the talk about MOOCs and universities and skill training lead to engineering and accounting.  ~  Deb

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Deb Nystrom, REVELN's curator insight, April 26, 2013 2:39 PM

Sensemaking of MOOCs and adaptive learning.  Trust a smart process.  ~ Deb

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The Professors, Yes, the MOOC Hype is Worth It: Disruption in Higher Ed

The Professors, Yes, the MOOC Hype is Worth It:  Disruption in Higher Ed | Innovation & Institutions, Will it Blend? | Scoop.it

Professors were asked, do they believe MOOCs "are worth the hype." 79% said yes.


===


In the largest survey of instructors who have taught massive open online courses, The Chronicle heard from critics, converts, and the cautious.

 

Hype around these new free online courses has grown louder and louder since a few professors at Stanford University drew hundreds of thousands of students to online computer-science courses in 2011.


Since then MOOCs, which charge no tuition and are open to anybody with Internet access, have been touted by reformers as a way to transform higher education and expand college access.


Many professors teaching MOOCs had a similarly positive outlook: Asked whether they believe MOOCs "are worth the hype," 79 percent said yes.


Via Smithstorian, Deb Nystrom, REVELN
Deb Nystrom, REVELN's insight:

Related posts by Deb:


      
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Deb Nystrom, REVELN's curator insight, March 18, 2013 12:40 PM

There is some synchroncity here that this article is showing up while I'm listening to a professor at UM talk about Harvard choosing a MOOC for accounting for their entry level accounting (Brigham Young) and outsourcing professors.

Can paths to efficiency and worker health co-exist?

Professor:  Wally Hopp, Associate Dean for Faculty and Research Herrick Professor of Manufacturing, Ross School of Business   Positively Lean: A Path to Efficiency and Energization?


Examples:  Henry Ford, Joe at GM Powertrain, FelPro (300% ROI on Employee Benefits, no turnover > sold to Federal Mogul)


Key themes in the blend:

  • Share the gain
  • Appeal to pride
  • Cultivate a community
  • Pursue a higher purpose <motivation>  (Sugar water or change the world)

 

Apple >> Change the world

Patagonia  >> Corporate responsibility  (Don't buy what you don't need)
University of Michigan  Uncommon education for the common man  (President James Burrill Angell) 


Questions:

  • Is the key challenge aligning organization & employee benefits from efficiency gains?
  • Or is it cultivating a sense of higher purpose?
  • Or something completely different?    
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Why Apple, Academia, Tesla & VCs May Die, Disruption Guru Christensen Talks

Why Apple, Academia, Tesla & VCs May Die, Disruption Guru Christensen Talks | Innovation & Institutions, Will it Blend? | Scoop.it

"Harvard business professor Clayton Christensen literally wrote the book on technology disruption...and he thinks Apple, Tesla Motors, venture capitalists and most of the nation’s colleges and universities should be afraid."

  

The author of The Innovator’s Dilemma said Wednesday that all of them could be killed by less advanced competitors in the same way that many once dominant technology companies have been in the past.

  

...He believes that and the commoditization of smartphones threaten Apple in the long run.

  

...“For 300 years, higher education was not disruptable because there was no technological core."

  

“But now online learning brings to higher education this technological core, and people who are very complacent are in deep trouble.'

__________________

    

...people who are very complacent are in deep trouble.

__________________


...“there is a different business model that is disrupting this in addition to online learning. It’s on-the-job education. ...you come in for a week and we’ll teach you about strategy and you go off and develop a strategy.  


...You learn it and you use it. These are very different business models and that’s what’s killing us.”

Deb Nystrom, REVELN's insight:

I've posted this to BOTH Change Leader Watch & here.  On the Innovations & Institutions stream, I'll be adding examples of organizations that are adapting to this disruption in academe and the other industries mentioned.  ~  Deb

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Marie Jeffery's comment, February 11, 2013 11:13 AM
KMInstitute.org
Deb Nystrom, REVELN's comment, February 17, 2013 4:30 PM
Thanks for your comments Marie. Knowledge Management is quite an industry, with various opinions of the traction it holds in business. I am most curious as to where it is headed.
Patrick J Scanlon's curator insight, March 12, 2013 5:58 PM

If you don't like change.  You will like irrelevance even less #media #higherEd #VC

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Envisioning the Future of Ed Tech: Emerging Trends

Envisioning the Future of Ed Tech:  Emerging Trends | Innovation & Institutions, Will it Blend? | Scoop.it

This visual suggests emerging technologies likely to influence education in the upcoming decades.


Some of the driving trends behind the technologies can already be observed.


Via Anne Whaits, Donna Murdoch, Marcel Lebrun, Emmanuel Zimmert, michel verstrepen
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Why Innovation Dies, Disruption, not Deans: Higher Ed's long, winding Road to Online Education, Forbes

Why Innovation Dies, Disruption, not Deans: Higher Ed's long, winding Road to Online Education, Forbes | Innovation & Institutions, Will it Blend? | Scoop.it

Here's the companion post to the previous article that features the long & winding road in dealing with online education, and confronts disruption head-on.


Author:  Steve Blank   Source:  http://www.forbes.com/sites/groupthink/2012/05/01/why-innovation-dies/2/

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Technology in Education Gratitudes, Game Changers | Online Universities

Technology in Education Gratitudes, Game Changers | Online Universities | Innovation & Institutions, Will it Blend? | Scoop.it

Below are excepts on "four tech advancements that have changed the world of education, and why educators everywhere should be thankful for them."


The Internet
Aside from the computer itself, the Web is the most important technological advancement of the 20th Century, and its centrality to our lives is only increasing.  


For example:  online education – A democratizing force ?  A way to keep up with your field? Advance your education on your own terms? Connect advanced students into accelerated classes?


Social Media
If the Internet is a giant global brain, then social networks are the actual signals being sent


The others are Portable Devices and Desktop Publishing.  


Read on for the full take on much you can do for very little cash and tools that "turn any novice into a pro." 

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