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The 14 Biggest Ideas of the Year

A former student keeps me up on the popular press. His recent send is from the Atlantic Monthly: “The 14 Biggest Ideas of the Year.” The article is well worth a read.

The list will be fascinating to anyone interested in social change and modern times. It’s invaluable for understanding evolving and under-served markets and for developing new products and services for them. Here’s the list – in descending order for drama – and a few comments on each item for clarity.

What are the implications for your organization? For your career? For our collective future?

14. The Green Revolution Is Neither: Solutions are expensive. Progress has been slow. We’re still too dependent on fossil fuel. In 2010, only one-tenth of our electricity came from renewable sources. Kermit the Frog got it right. It’s not easy being green.

13. The Maniac Will Be Televised: In a world of expanding social media, it takes something pretty wild and loud to cut through the noise. Charlie Sheen. Donald Trump. Colonel Qaddafi. Bottom-line, “the electronic brain of the new media has an affinity for suspicious minds.” Amen.

12. The Players Own the Game: Think LeBron James. Superstar and media darling at age 18. His move to the Miami Heat was a big deal and a sign of change in athlete culture: players realizing their power and fans wanting them to have and leverage it.

11. Gay Is the New Normal: In 2010 and for the first time, a majority of Americans (52 percent) called homosexuality morally acceptable. Will opponents of gay rights now be an oppressed minority?

10. Bonds Are Dead (Long Live Bonds): Long-term interest rates are rising slowly. The Fed has been propping up bond prices, as the government keeps selling them off to pay for the stimulus. Bonds aren’t going away, but if the Fed wishes it were out of the bond market, what does that say for the rest of us?

9. The Next War Will Be Digitized: The controller of “the cloud” controls the world. Geostrategy looks to an opponent’s vulnerabilities and seeks to concentrate damage in places that do the most harm. Controlling everyone’s data is a lot more powerful than a few harbors, office buildings, or airports.

8. Grandma’s in the Basement (and Junior’s in the Attic): Census figures show the number of Americans ages 25 to 34 living with parents up to 5.5 million or 13 percent of that age. Grandparents are moving in with children, propelled by everyone’s need to save in tough times. The multi-generational family household is back in numbers not seen since the 1950s – and the American family is redefined.

7. Public Employee, Public Enemy: Wisconsin Governor Scott Walker has led the charge, and public unions are on radar screens now for conservatives out to bust them and liberals surprised they care.

6. Wall Street: Same as It Ever Was: So what’s changed if: (a) the big banks are bigger than ever; (b) “interconnectedness” has increased – financial assets are moving in conjunction with one another and  rising together. Another crisis, everything falls at once; and (c) Wall Street pay is back at record highs?

5. The Arab Spring Is a Jobs Crisis: Euphoria has turned to depression. Uprisings did little to improve daily life. Emigration is up. Tourism down – by 75 percent in Egypt. No workable strategies are easy for economic security or social justice anytime soon. Unemployment is huge. One hundred million – 1/3 of the Arab world – are in the job-hungry age range of 15 to 29. Can new crises be far away?

4. Elections Work: Whether you agree with the Tea Party or not, they have brought activism and excitement onto the U.S. political stage – and a reminder that our actions at the polls mean something.

3. The Rich Are Different From You and Me: Super rich is a global phenomenon. We see it in developed economies like the U.S., United Kingdom, and Canada, and in developing economies like China and India. The very, very rich are leaving the rest of us behind. Income inequality is increasing at a rapid rate, especially for minorities and the U.S. and European middle classes hit hard by the recession.

2. Nothing Stays Secret: Internet. Facebook. WikiLeaks. Transparency is in. No one is spared. Too risky to say more.

1. The Rise of the Middle Class—Just Not Ours: The middle class in the U.S. and Europe are “squeezed.” The economy isn’t rebounding, incomes for most are not rising, and median household income has declined in real terms. But it’s a different story for the BRICs (Brazil, Russia, India, and China). Income per capita has soared. Jobs are increasing. Education improving. The bright side to this story: rising affluence means rising consumption. Do we have our products and services ready?

Categories
General

Leading in a World of Social Media Technologies

The happenings in the Middle East say much about the power of social media technologies. They are revolutionizing the practice of leadership.

Followers need a simple cell phone to organize a groundswell in support or opposition to any leader, product, or cause. Huge crowds can be assembled with a simple text message and that powerful contemporary closer: “Pass this message on.”

Strangers with shared interests or common beliefs forge virtual communities and become cyber allies through vehicles like Facebook and Twitter. Building solidarity, commitment, and shared purpose no longer require face-to-face meetings – or even residency in the same nation or on the same continent.

A twitter revolution or a smart mob a la Howard Rheingold is no novelty. Social media technologies created the conditions to topple a controlling, military-backed, thirty year regime in a seemingly stable country like Egypt; and they continue to send aftershocks through a host of other nations. They will continue to do so.

What does all this mean for contemporary leadership?  What is important to remember? 

1. Leadership is vital. At its core, leading is a social process rooted in relationship, collaboration, and mutual interest. Advances in technology and the ease of electronic communications and social networking provide additional tools for building the networks of relationship and shared purpose needed for success.

At the same time, they also expand the need for leadership. We have mind-boggling capabilities at our finger-tips to forge global alliances, further causes, and foster organizational agendas – to create, in the language of super-blogger Seth Godin, tribes of ten or ten million who care passionately about the same things that we do. All these new groups need direction, cohesion, and contribution. They need leadership from people like you or me.

2. Leaders know and respect their followers. Perhaps there were times in history when leaders could ignore the needs and collective power of their followers. Those have passed. Then President Mubarak, sitting in his palace telling world leaders that the disturbances in Egypt will pass, is a symbol of a leader in denial and out of touch. Leaders know their followers well. Social technologies can help them in this.

3. Leaders listen to, learn from, use, and manage the social groundswell. Contemporary leaders need to take their heads out of the sand about social media technologies. They are powerful and here to stay. When United States senators twitter their constituencies, and the CEOs of Fortune 500 companies talk to their constituents through Facebook, something about leading has definitely changed.

Charlene Li and Josh Bernoff provide a wealth of strategies for working the groundswell,using it to inform and energize your leadership and organization, and turning the power of social media to your advantage. I’ve learned a lot from their book, appropriately titled Groundswell