I just started reading "The World is Flat" last night and was struck by this quote by David Schlesinger, who heads Reuters America:
"Change is hard. Change is hardest on those caught by surprise. Change is hardest on those who have difficulty changing too. But change is natural; change is not new; change is important."
I opened with a very similar thought in my presentation last week at the Online Computer Library Center (OCLC) symposium at the ALA conference (go here for a very short synopsis). Wow, talk about an industry that's about to get hit with a sea change... and of course it's already started. I had the idea that Netflix, not Google, might be libraries' greatest competitor; Netflix taught the world that we don't need to leave our homes, drive to physical locations where what we want might not be on the shelves, or pay late fees. I got an email the next day with a link to BooksFree -- the Netflix model applied to books. I also received a link to a post on E-Ink,
"...the world's largest flexible organic active matrix display. The displays measure 10 inches diagonally and are laminated with E Ink Imaging Film making them .4 mm thick. This material conveys a similar appearance as printed ink-on paper and can be contorted and rolled without damage. Power is required only when an image is being updated, and is held indefinitely. Plastic electronics are forecast to be a $250 billion USD industry by 2025, including electronic newspapers, roll-up monitors, and other innovations."
As much as I love books, how cool will it be to download 100+ books into a single reader interface that reads and feels like paper and allows us to annotate, search and send snippets to others? Talk about disruptive technology.
Yesterday I spoke at Tulsa's Business Marketing Association about how the grassroots economy and social technologies like blogs, wiks and forums are impacting businesses today. Fundamental human needs (connecting, learning, contributing), combined with new technology advances, are creating a fundamental shift in our society.
One of my favorite posts over the past two years is titled Blogging and the Singularity. If you're not familiar with the Singularity, it's the point when societal, scientific and economic change is so fast we cannot imagine what will happen from our present perspective. The idea is based on the premise that the rate of change is exponential, not linear; the rate of change in the past is a snail's pace compared to what we'll see in the next 10, 20, 50 years.
"Change is hardest on those who have difficulty changing too."
Humans don't like change. We hunker down in our comfort zones and don't see change until it hits us over the head... and at that point it's usually too late. I just finished reading "Seeing What's Next: How Theories of Innovation Predict Industry Change" by Clayton Christensen. If you've never read anything by Clayton, I encourage you to do so. (He also wrote The Innovator's Dilemma and the Innovator's Solution.) His fundamental premise on industry disruption is one that, IMHO, every business person should be familiar with.
How current are you with fundamental consumer and technology trends? With the tenets of the grassroots economy such as co-creation, transparency and customer/employee empowerment? With the opportunities among underserved or unserved customers that cry out for disruptive innovation?
None of us should be in any business but the change business. We must not only keep up with the facts of change, but also (and perhaps more importantly) release our death-grip on the way things are right now. It's completely futile. Is your business structured for flexibility and change? Are you?
I really think your post is also a call for organizations to understand and take ownership of their brand. If that happens, and every decision is based on the brand, I believe an organization is better able to stand firm during times of change and remain relevent to the core audience.
That's not a call for being obstinate, ignoring change. It's a challenge to operate from a point of strength rather than reacting to every change. Even ships in storms rely on their sea anchors to keep from being thrown about. The brand is the sea anchor for organizations weathering change.
And since most organizations that tell their story well are used to communicating, they're in a stronger position to explain the change and allow employees, customers and others prepare for and embrace the change.
If the core audience changes, the organization can seek a new audience, migrate the brand (purposely) or create a different brand altogether. At least they do it from a solid foundation.
Posted by: Mark True | February 04, 2006 at 01:26 PM
Perhaps I can share an additional perspective on change. As I wrote about in an article called "Strategy and the Fat Smoker," we all know as individuals and as business entities what we should be changing, why we should be changing and (mostly) precisely what to do.
Yet few us live up to our New Years' Resolutions and few companies execute their strategic plans- for the same reasons. We don't actually wnt the benfits badly enough to do the work they require. So we end up see-sawing between half-hearted attempts at change and getting frustrated that the benefits aren't showing yet.
As I conclude in my article (http://davidmaister.com/articles/4/42/)strategy is not about knowing what to do, it is almost entirely abou beating your competitors in resolve and determination.
Posted by: David Maister | February 04, 2006 at 04:19 AM
I guess a lot of people are like me - scared to death of change, even though it could probably benefit more than just about anything else.
Posted by: Terry Mitchell | February 02, 2006 at 11:58 AM
I don't think E-Ink is a huge threat to the book publishing industry in the near future, for the reasons Mary mentions. I *do* think it's a huge threat to the newspaper and magazine industries:
a)the content is more volatile
b)there is less emotional attraction to the physical manifestation of the product
c)computer assistance (like searching classified ads) is of more value
Posted by: David Foster | February 01, 2006 at 04:10 PM
Guess I'm showing my age (and my book addiction) - but I don't think good ol'fashioned books will ever completely disappear. There's few things better than a rainy afternoon browsing through the stacks or a used bookstore. Finding a beautiful old unusual book is just the best. It's a sensual experience that goes beyond just reading the printed word. (Even Captain Picard had "old" books!)
As for change, I love that our world is becoming so flat. And, yes, the pace of change continues to increase, but it's always been a challenge for people (and businesses) to keep up. One of my favorite examples of "hey, pay attention!" is the Pony Express - driven out of business by the telegraph within a year (one would think one of the riders would have wondered just what them thar poles and wires were for...)
Back to trying to keep up!
Posted by: Mary Schmidt | February 01, 2006 at 03:38 PM
That was a very good book, and I especially like the author's take on the real root of the troubles between the USA and the middle east. I find this to be the best explanation of the tension between our cultures I've yet come across.
As for the singularity, The Singularity Is Near, by Ray Kurzweil, is quite good. As a hardcore longevity practitioner, I'm really hoping Kurzweil's predictions are accurate.
Posted by: Scott Miller | January 31, 2006 at 01:35 PM
I think you mean Booksfree--at http://www.booksfree.com/ instead of FreeBooks. It really IS the Netflix model applied to books .
Posted by: DJB | January 31, 2006 at 12:22 PM
Change in the book publishing world is on its way. I kind of look at it as the changes that the music industry has had to take on with the advent of music downloads. I think what has to happen is that Book publishers and other businesses facing serious change, is embrace it. Don't pay lip service to it, but be in the forefront. For instance, publishers need to work with Google. Businesses have to figure out how these new models play in to their existing business. You have to seize opportunities, not fight them to your death.
Posted by: Tony | January 30, 2006 at 09:11 AM
Although...in corporations (as elsewhere) there are numerous people who talk incessantly about "change"...but are interested only in those kinds of change which are currently fashionable, in business as a whole or in their particular field or industry. When the potential for change comes from an unexpected direction, and is not blessed by the appropriate authorities, those who talk most loudly about the need for change are often the worst reactionaries.
Posted by: David Foster | January 27, 2006 at 12:54 PM
I don't know if it's your tone of voice or your similar perception of key business issues, but you have a true talent with words. I love your work/posts.
I'm reading "The World is Flat" as well. Half way through....great book.
Good luck with everything.
Posted by: Patrick | January 27, 2006 at 10:54 AM