News & Views



Learning lessons from the future

We stand at the cusp of a new age. What does the future hold and what will our role in it be? Remember, you’ll spend most of your life in the future and there’s no getting out of it alive, so you choose.

With those words Thomas Jankovich of FutureWorld International kept his audience spellbound as he highlighted examples of how things have changed between 1970 and the present.

”It’s easy in hindsight,” he said. “We all have 20/20 vision after the fact. For example, back in the 70’s there were very few women in leadership roles. Now, however, the bookstores are filled with information on women in prominent positions.”

Jankovich went on to look at possible changes that can be expected to occur between now and 2020, most of which he says are already happening in many ways. “The faster things change, the more adaptable business – and government - needs to be,” he said, “and that’s what companies call ‘strategy’.”

Citing the example of the difference between PW Botha and Nelson Mandela’s leadership, his message was that companies need to look at what needs to change, and change it. The alternative is that if companies don’t change, someone will change it on their behalf. It is the classic metaphor urging companies to eat - itself if necessary - or get eaten.

Businesses become scared to take risks, once established, he intimated. For example: Sony had the technology to produce a MP3 player, however they did not want to destabilise the Walkman market, and they were overtaken.

Jankovich also highlighted how the VCR came and went in a very short time. “Back in the 70’s, we didn’t have VCRs,” he said. “Now, they have been and gone. Broadband will enable us to view every movie ever made, in every language, at any time we want.”

“There are lessons to be learned from the future,” said Jankovich. “People are socially networking online like never before through technologies like Facebook and MXit. News is more relevant than ever before – ‘mashed up’ and delivered in real time with background information available and relevant links. Consumer culture will continue to evolve, as Generations X and Y come into their full potential. “

“We are heading for a knowledge-based economy, where knowledge is the commodity,” he said. “Information and ideas will fuel the marketplace, and as we move from centralised power to personal power everything can be decentralised. The companies of the future are the smaller enterprises, not the big megacorps. It will be impossible to compete, so don’t. Redefine the rules.”

“You can no longer learn from experience,” said Jankovich. “Experience is the past. It is not relevant. You have to learn from the future.”




         

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