(BPT) - A hundred years ago, few thought that the clunky automobile that broke down so often would ever replace a horse. In the 1970s, people wondered if the personal computer that a few eccentrics were using would have any use beyond storing recipes. It’s safe to say that these innovations, along with many of the technologies we now use daily, were once considered impossible dreams.
Right now, the most-talked-about piece of technological innovation that is poised to transform our lives is the autonomous or self-driving car. As self-driving cars gain widespread adoption, analysts are predicting the rise of what is known as the passenger economy — a term coined by Intel — that is expected to be worth $7 trillion by 2050 as validated in a new report by analyst firm Strategy Analytics.
Seven trillion dollars is a lot of money! A decade ago, people couldn’t fully imagine the way smartphones would give rise to the app economy. Today we are at the threshold of something equally momentous — that’s why entrepreneurs and investors are now beginning to imagine the economic possibilities tied in with autonomous cars.
The following are five big areas of opportunity that will unfold in the passenger economy era.
The advent of the passenger economy will contribute to a safer and more efficient world. Those who can imagine and anticipate the coming changes will be in the best position to get the most out of it.
Welcome to the era of the open workspace, where people can work and collaborate anywhere in the office, wherever they need to be. What do these modern workspaces look like? This article outlines the five traits they have in common.
(BPT) - Step into the office of the future on the first day of work, and the things that you expect in a traditional workplace are not going to happen here.
There’s no landline, no file cabinet, no bulletin board. The employee is never taken to an assigned cubicle. In fact, it’s highly unlikely that employees will spend much of their day in the same chair.
The forward-looking workplace design discards all the usual trappings of the traditional office that lock employees into physical departments with seating arrangements, moving toward an open design. While perks such as catered lunches and ping pong tables are getting attention for changing workplace culture, it's actually the power of technology that is quietly transforming the way we work. Technology is a tool that gives us a fluid and flexible use of time and space, changing how people get the job done.
“Eventually, the open digital workspace design will not be simply nice to have, it’s becoming more and more expected. It’s going to become mandatory if you want to attract top talent,” says Donna Kimmel, the senior vice president and chief people officer of Citrix.
Welcome to the era of the open workspace, where people can work and collaborate anywhere in the office, wherever they need to be. What do these modern workspaces look like? These are the five traits they have in common:
They ditch the cubicle farm: It’s no longer necessary to spend the day alone in a cubicle rooted to one spot for access to a desktop computer or landline phone. Today, you can easily and securely access, store and share your information from anywhere whether you’re on your laptop, tablet or mobile phone. Without the need for space-wasting cubicles, your building space needs are reduced, in some cases up to 50 percent. And a collaborative environment is created when walls are torn down and open seating arrangements invite conversation and brainstorming.
They accommodate work needs: Because technology frees knowledge workers from being rooted to a single cubicle, the new way is to offer an entire floor of flexible workspaces that accommodate various needs and styles. For example, one day an engineer could be working at a long table with fellow engineers, vendors and a project manager. The following week, that engineer might duck into a small privacy room for a marathon session of focused work.
They invite collaboration: Unlike the traditional cubicle farm, a flexible workspace sends a different message to the team. It invites conversation and innovative ideas by actively engaging with colleagues throughout the day, rather than rushing through a meeting agenda and hustling out.
They increase employee engagement and productivity: Flexible workspaces send a message that employees are entrusted to do their jobs wherever they feel most productive. Great leaders know and understand that their actions speak louder than words. Things like corporate policies and company culture send powerful messages to employees about how they are seen in the organization. With feelings of increased autonomy and trust often come increased levels of employee engagement. Once they have autonomy, the magic starts happening.
“… The data tells us — greater autonomy leads to better engagement, better engagement leads to greater productivity, which leads to better bottom-line results,” says Amy Haworth, director, organizational readiness at Citrix.
They embrace BYOD: That is, bring your own device. Sure, many employers may still provide hardware, but as workspaces become more flexible with a burgeoning work-anywhere ethos, employees simply wish to access their work platforms using their own laptops, tablets and mobile devices.
Luckily, it is now much easier to give employees seamless access to documents and networks safely — without draconian security measures to slow connections and processing speed. And as information, applications and work resources move to the cloud, businesses can securely deliver them to any device that has a secure network connection.
For example, Citrix offers a suite of solutions, including Citrix Cloud, XenApp, XenDesktop and ShareFile that makes BYOD secure without sacrificing user experience. If you are interested in learning more, visit citrix.com/products/.
The benefits of the redesigned workspace are numerous, says Kimmel.
"They break down barriers between managers, employees and departments. The increased, casual encounters make it easy to approach others to ask questions, make suggestions and solve problems," says Kimmel. "As a result, work gets done more quickly, and employees and managers alike report higher productivity.
"In the end, employees report greater satisfaction, which leads them to stay with a company longer."
(BPT) - The Wright Brothers knew they were going to crash, yet tried to fly anyway. Unlike their competitors, the former bicycle mechanics brought extra parts to the sand dunes to make onsite repairs and reduce cycle time. Their creative courage resulted in not just a new product (the aircraft), but also a process for failing quickly, learning fast and outpacing their competition.
There are myriad inspiring tales of similar legendary so-called fails.
The multibillion-dollar success of Post-it(R) Notes is directly attributed to two employees at 3M, Spencer Silver and Art Fry, who mistakenly formulated an adhesive that didn’t stick well, but which just happened to unstick as needed. The duo persisted, despite management recommendations to abandon the project, and because of their resilience, their failed glue formula was transformed into the ubiquitous office product we can’t live without.
Einstein advocated for this type of combinatorial creativity and Steve Jobs famously quipped that creativity is just “connecting things.”
In fact, it’s creativity that most often drives success. Virtually all companies — from startups to Fortune 500s — need it. Corporate stagnation is real. Innovation is happening at breakneck speed, and even historically successful corporate stalwarts are finding themselves staring in the face of irrelevance. No matter how knowledgeable a team may be of their market, product portfolio and competitive landscape, they face a perilous proposition: grow or fold.
And nothing prompts growth more than creativity and innovation.
To boost your own creative thinking powers — whether at work or for your own personal needs — try these tips from Dalí Museum Innovation Labs' executive facilitator, Nathan Schwagler:
High-performing creative people learn to bend the status quo and they do it by optimizing their conversations. These successful creative thinkers temporarily suspend judgment during idea generation. In the context of innovation, one of the most prohibitive things to do is to attempt to both generate and evaluate new ideas at the same time. Instead, try splitting a brainstorming session into a few parts:
Once you have a solid list of solutions to consider, force yourself to stretch further. Feel tapped out? Go even further! A good goal is to get to that challenging third round of ideas, which research suggests will be the most innovative. When you’ve truly exhausted your ideation, take a break and come back to the challenge with evaluation criteria in hand — define what success looks like and then deliberately apply that criteria against your list of ideas.
Salvador Dalí famously quipped, “Have no fear of perfection, you’ll never reach it.” The Museum has adopted the artist’s approach in its Innovation Labs program. “When it comes to solving the complex problems of our inter-connected global economy, Dalí’s fear-free, trial-and-learn approach is the type of creative thinking that we optimize for at The Dalí Museum Innovation Labs,” said Schwagler.
From Dalí’s fearless artistic prowess to the creative and courageous examples set forth by the Wright Brothers and the Post-It Notes inventors, there are numerous shining examples of great things that can emerge from creative thinking and a never-say-never spirit. Even the most impactful products and solutions can be sparked by an open mind and fresh perspective.
The Dalí Museum, in St. Petersburg, Florida, is a world-renowned Museum featuring an unparalleled collection of art works from celebrated artist Salvador Dalí. The Museum’s Innovation Labs offers one-of-a-kind programs that carefully combine more than 60 years of psychology and management research on creativity, creative problem solving, and innovation, infused with Dalí’s philosophy and methods to unlock a team’s true untapped creative potential.
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