Don Tapscott talks about Wikinomics & Enterprise 2.0

Don Tapscott, co-author of Wikinomics, delivered the afternoon keynote at Enterprise 2.0.

Don TapscottThe idea that there is a New Enterprise has been around for a while. It is based on the notion of an open networked enterprise, not a closed hierarchy. Tapscott wrote about this in his 1992 book, Paradigm Shift. “Nothing like and idea whose time has come.”

Tapscott see four drivers of change:

Web 2.0

The new Web is based on XML, a standard not for presentation, but for computation. The Web is becoming a giant computer and it’s enriched for services.

The Net Generation

Our children are the first generation to grow up digital. They have no fear of technology because to them technology is like the air. It’s all around and it’s just there.

This is the first time in history that children are an authority on something important. And this has led to a situation in which we don’t have a generation gap, but instead have a generation “lap.” And the kids are lapping their parents.

The Social Revolution

This flows from the interaction of Web 2.0 and the Net Generation.

MySpace has eclipsed Mtv. Craig’s List has eclipsed Flickr overwhelmed Webshots.

They are all tapping into people’s instinct to self-organize.

The Economic Revolution

The dot com bubble is being followed by a period in which the real value, the workable solutions and the viable companies are driving an economic revolution. Consider the digital conglomerates: Microsoft, Google, Yahoo,, ebay… These are a new species of business.

What’s happening? Wikinomics

Collaboration is beginning to change the architecture of the organization.

We have progressed from the industrial age corporation and practices of Ford and Taylor through the Extended Enterprise of the multinationals through the Business Webs of the 90s to Mass Collaboration.

Today people cannot only socially gather, they can socially produce. Peers outside the boundaries of corporations or corporations acting as peers or peers within the boundaries of a hierarchy can collaborate across boundaries.

This yields the four principles of Wikinomics:

  • Peering
  • Being Open
  • Sharing
  • Acting Globally

Consider a company that won by embracing these principles – GoldCorp: A 50 year old mining company peers, opens, shares its proprietary data and acts globally in a bid to transform itself and explore the extent of a rich new find.

New models
Peer Pioneers: Think about Linux. If you can create an operating system through open source, what else can you create in this way?

Ideagoras: Open markets for uniquely qualified minds. Think of P&G, which has opened its problems to solutions from people outside of its corporate walls. Half of P&G’s innovations will come from outside of the company by the end of this year.

Prosumers:  Turn your customers into producers. Consider music mashups and remixes. Look at writing the final chapter of Wikinomics through a Wiki.

The New Alexandrians: The sharing of science. Consider the release of the human genome results.

Open Platforms: Consider the Amazon platform. It has over 200,000 delivers attempting to create value on this platform.

The Global Plant Floor: Consider Boeing’s revolutionary approach to create the 787 in partnership with suppliers who shared risk, benefits and development of this revolutionary plane.

The Wiki Workplace: Developing value in the workplace through the application of Wikis and Wiki principals. Consider Geeksquad labelled products at BestBuy.

Crisis of Leadership

This is a paradigm shift. New paradigms are met with coolness and even hostility. Those with vested interests fight the change. And this challenges our leaders to leave that with which they are comfortable.

The time has come for a new Web and a new generation for whom this is their birthright and a new model of how companies and organizations deal with the world.