The Global Economic Policy Uncertainty index is at an all-time high: the implications

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A group of top economists has created an Economic Policy Uncertainty Index for 17 countries, using media reporting and economic forecasts to show how much uncertainty there is economic policy.

The Global Economic Policy Uncertainty Index is currently the highest it has been since the beginning of the period analyzed starting at the end of 1996.
global-epu
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Shaping a positive world as we move into a “post-work economy”

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The New York Post has just published an article titled Prepare for a world without work, based on an interview with me.

Below are some excerpts from the article delve into what I describe as the “post-work economy”, with some further comemnts:

Driverless cars are set to make millions of truckers and taxi drivers redundant and automated fast food service is poised to shut off a key job sector for young people. As artificial intelligence is increasingly able to carry out complex tasks that used to require humans, large numbers of us are set to find ourselves out of work, with no prospects.

“Many jobs will be destroyed,” futurist Ross Dawson told news.com.au. “We can no longer be sure we’ll have a sufficient amount of the right type of work for people to be employed.”

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General reflections on blogging after 14 years

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After having written my post to relaunch this blog last week, I am now – in theory – back in blogging mode, so I should be writing blog posts.

Passing the threshold of blogging

Which in itself comes to the nub of the experience of blogging, all the thresholds you have to cross to actually start and finish a blog post. What is compelling enough to say that you take the time to write it? How long or polished should pieces be? If I get started writing a post, how much time is it going to take to say what it is I want to say? When do I cut off a blog post and save the rest for the next post?
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Relaunch of my website and blog – time to get blogging again!

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I am delighted to have finally relaunched my personal website and blog! The front page of this website provides an overview of my work, there are details on my keynote speaking and strategy advisory work, and now my blog has been incorporated into the same website.

I set up my blog Trends in the Living Networks in 2002 to accompany the launch of my book Living Networks. A bit later I set up rossdawson.com as my speaker website, and kept the blog on a separate domain, running the two sites in parallel for many years.
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Framework: The role of Humans in the Future of Work

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Yesterday I gave the keynote on Creating the Future of Work at The End of Nine to Five.

For the last years in addressing the future of work I have often focused on the human capabilities that will drive value as machines become more capable and the work landscape is transformed.

To help define and clarify these capabilities I created a landscape on the role of Humans in the Future of Work, which I first shared publicly in my keynote yesterday.

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Click on the image to see full size
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How to prepare for the future of work – human-machine collaboration, humanisation, education

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Today’s Australian Financial Review features an article Ross Dawson on the future of work (and how to prepare for it), drawing on an interview with me.

Direct quotes from me in the article include:

“Human history is all about the automation of work,” he says.

“Right from the plough through to the spinning Jenny through to the automobile, through to any number of other inventions. They all destroy jobs. And at the same time we have always created more jobs than we have destroyed. The automation has been of jobs which have not been that desirable.

“There is a case you can make that we will continue to be a prosperous society and have meaningful work because we are continuing to unfold work which plays to our uniquely human capabilities.”

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Vivid Sydney: Flexibility, diversity, and productivity at the heart of the future of work

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Next week I am doing the keynote at a Vivid Sydney event titled The End of Nine to Five, organized by Gemini3, a job share matching technology company, in collaboration with EY Australia and Hermann International Asia.

I will be speaking on Creating the Future of Work, looking at the dramatically shifting landscape for work, the distinctive human capabilities that will drive value, and the resulting structure of work required to draw out the greatest growth and contribution for our teams. In the keynote I will share for the first time globally a new framework I have created on Humans in the Future of Work. I’ll share more on that here after the keynote.

Here are quotes from some of the other speakers to give a sense of what they will be covering:
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Launch: Timeline for the future structure of the legal services industry

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Our shared passion for the future of professional services has led George Beaton and I to collaborate on projects over many years.

George has long expressed his view that the traditional “BigLaw” model for legal services firms is under severe threat. He has just launched his latest book Remaking Law Firms to provide clear guidance on how law firms can adjust and reshape themselves for success in a rapidly changing world.

Drawing on the concept of my Newspaper Extinction Timeline, George and I collaborated to create a timeline for the changing structure of the legal services industry over the next decade and beyond across different geographies.

The full description to the legal services timeline describes in detail the mega-forces shaping the industry, the research methodology, and the outcomes.

Here are the legal services industry timelines we created for five regions, with below the charts descriptions of the types of legal services providers referenced.

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Insights into Tomorrow’s Marketing Organizations: The Interplay of Brands and Agencies

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As the marketing discipline becomes more fragmented, marketing agencies and internal departments need to take a collaborative approach to achieve success and longevity. Specialists will have a key role working with marketing teams to provide strategic communications counsel for brands who truly understand what they’re all about and who their audiences are, as discussed by three key communications leaders at our recent Sydney meetup.

‘The Marketing Organisation of the Future’ was the hot topic for our senior panel, who addressed the questions: What is changing and is not changing in marketing? What are the characteristics and capabilities of marketing organizations of the future? What can we be doing now to become the successful marketing organization of tomorrow?

Below are the key insights shared by each panellist on shaping the marketing department and agency of the future.

Pru Quinlan, CEO, Einsteinz Communications

  • We will see a more collaborative approach with many agencies coming together.
  • Agencies need to think about how they interact with marketers and employees.
  • The agency of the future will have to be more agile than it is now – navigate 1-to-1 marketing and make quick decisions based on technology and consumer behavior.
  • It’s challenging for brands to invest in long form content … the need is for ‘snackable’ content to be distributed in the right way to reach target audiences.
  • Brands should own the content, not the agency.
  • Agencies need to show and lead by example when it comes to budgets and the value of what we do.
  • Brands need to control themselves but also need to reflect on the workforce of today, including freelancers and contractors; there are many talented individuals who don’t fit in a particular hole but have a role to play within a company, or for a brand.
  • There will be more roles for individuals, on their own or as collectives, to work with brands, work magic, then maybe even leave.
  • Advice: focus on what audiences really want and what your brand means for them … And brands have to open minds to new approaches and play differently to speak to our market.

Ben Shipley, Managing Director, Spectrum Group

  • The market has been product-centric, not audience-centric, but we will move back to being people-centric.
  • Greater focus on useful and quality content designed for niche audiences, but also need to also understand how the content will reach them.
  • Need to aggregate audiences and keep people engaged.
  • Agencies have a role in giving brands an objective viewpoint.
  • Whitepapers are no longer effective and could work better as a series of shorter pieces of content.
  • Building owned homes for content has an important impact on search. There is a split in media: live event content (news) versus distributed evergreen content (broadsheet).
  • Key piece of advice is to be a singular brand – know what you are and why – and consider the different messaging required for different audience segments.

Tony Faure, Chairman, Junkee Media, Stackla, Pollenizer

  • Key piece of advice is to use data to fully understand your customer and be very clear about your point of difference.
  • Brand is going to be even more massive and go back to ‘difficult marketing’.
  • Aggregation of services will be done by technology.
  • We are heading into an era of specialists, not generalists.
  • We will see companies and brands taking back ownership of marketing, which has largely been ceded to agencies.
  • Journalists are not always capable of realizing not everything they write is interesting, so they may not be the best people to produce content.
  • Long-form content can be more difficult to execute … a one-minute video for Facebook is cheaper, measured instantly, and easier to do.
  • Key elements to consider are: Who is the customer? Why is my brand different from everyone else’s?
  • The customer and brand piece needs to be owned by the brand.
  • Less of a believer in big aggregated agencies.
  • The creative agency has more relevance now.
  • There is an increase in big brands wanting specialists.
  • It’s about identifying niche communities within your brand community and understanding the nuances of how to best engage with them.
  • Australian agency versus global marketing agency: main issues are scale; regional Australian clients are less likely to take risks because they’re the brand channel for our market.

Please let us know your thoughts on any of the points raised, or if you have comments to add to the discussion on the marketing organization of the future.

Join our Future of PR – Sydney Meetup Group here and find out when our next meetup will be held.

“Government as platform” provides a compelling vision for the future of government and society

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Before my recent keynote at CeBIT on Platform Strategy: Creating Exponential Value in a Connected World I did a video interview with Alex Zaharov-Reutt of ITWire, shown below. The full article and video is available on ITWire.

It was a very broad-ranging interview, however one of the topics I touched on was the concluding point of my keynote that afternoon, on governments as platforms.

I have written before about issues such as the role of crowdsourcing in government, how crowdfunding could shift the shape of taxation and government, how we can envisage the future of government as a solution enabler, and the value of a framework for the Transformation of Government.
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