Capital preservation is no longer a reliable method of opening, winning and sustaining new markets. The commercialization of human ingenuity is increasingly the path to better returns (both in growth and cost reduction). And when innovation becomes ever more important experience and education become less predictive of success. K-12 and university education systems are focusing on short-term measures of highly static skills sets: ability to read and comprehend simple information at a basic level; ability to use basic computation mechanics, elementary methods of communication and a cursory knowledge of history and literature. As Sir Ken said in the video I posted earlier “(In our world) creativity is as important as literacy.” Unfortunately for us all, the entire education system is geared towards producing better machine-age workers on a farming-sensitive schedule. But even machine-age companies are changing their structures to compete in this new world where the creative is as important as the literate (witness what GE is doing with Ecomagination). As I said before, the education system is assuming that the world needs more investment bankers and academics, both notoriously difficult positions to achieve (and both of increasingly questionable value in a world that is creating as much as it is managing, moving and measuring). None of these skills is important in adding and / or creating value in the corporate environment of the future.
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