This is a fascinating thinkpiece from four leading thinkers at the Boston Consulting Group, Martin Reeves, Ron Nicol, Thijs Venema and Georg Wittenburg. As well as discussing the power of evolutionary approaches in business, it showcases BCG’s work with agent-based modelling to strengthen strategic thinking (about which more on this blog soon). Much of relevance […]

Tips

Following the response to my post earlier this week on systemic innovation, here are NESTA’s top tips for effective systems innovators.  1. Even a great product is no guarantee of success Superstar designers might garner the acclaim for iconic products, but much of the value they create lies in the systems that support and enable them. Products […]

innovation

Some readers may already know how big a problem fishing nets pose globally – I have to admit that I had no idea. Every year, it seems, almost three quarters of a million tonnes of abandoned and lost fishing nets “pile up on beaches, create a navigational hazard for boats, or settle to the ocean […]

HF2

“The fox knows many things, but the hedgehog knows one big thing.” ~ Archilochus In 2005, Philip Tetlock published a widely acclaimed book, “Expert Political Judgment: How Good Is It? How Can We Know?”, which presented the findings of a study of a diverse group almost 300 individuals, examining their decision-making processes over a number […]

Complexity-image

A guest cross-post by Melanie Mitchell of the Santa Fe Institute.  In 1894, the physicist and Nobel laureate Albert Michelson declared that science was almost finished; the human race was within a hair’s breadth of understanding everything: It seems probable that most of the grand underlying principles have now been firmly established and that further advances […]

earth

This piece is cross-posted from the Global Policy blog, where it has been published as part of Global Policy’s new e-book, ‘Emergence, Convergence and the Future of Aid’, edited by Andy Sumner. Contributions from academics and practitioners will be serialised on Global Policy until the e-book’s release in the first quarter of 2014. Find out […]