So Much Innovation, So Little Wisdom

Incubator, Schmincubator. Hackathon, Schmackathon.

Pause for a moment and consider how many incubators are operating in the world right now. How many hackathons are taking place?

The mind boggles – they used to be geographically dispersed, then they focused on industry sectors, now they have proliferated down to the micro-industry level.

Startups are graduating from not one, but multiple incubators and they have still not been able to find their mojo.

There are ‘professional’ hackathoners who win event after event, but never actually produce anything.

All this innovation. All this busyness. But how much real progress is a being made? Are people and companies learning from these activities. Can we truly say wisdom is on the increase as a result of innovation?

Pause for a longer moment, think about it – what have you done to increase worldly wisdom today?

InNOvation

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A Fiercer Future: What Comes After A!? Let’s talk about chatbots and the Bot Engine

character

 

A few days ago I published the following piece on chatbots in my regular newsletter. I had no inside knowledge of what Facebook was planning, so I’m very excited to see real life imitating future gazing a lot quicker than I anticipated. At their F8 conference Facebook has announced they are commoditising chatbots with the release of the Bot Engine which relies on machine learning to create a variable conversation.

The last time I got this excited was when Facebook followed my lead at their F8 conference in 2007 and essentially kickstarted the app economy. Will this move on their part now help push us beyond basic AI? EXOscalr Labs is interested in talking to others who see the opportunity to build on this initiative. Be fierce, act now!

Here is the newsletter I sent out:

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There is a major shift in focus from using apps for everything to interacting with virtual assistants. The issue though is that these AI-driven chatbots have zero personality and for the most part are purely functional. How can they be spruced-up and imbued with character, style and quirks? After all, if they are going to replace many of our day to day conversations we want them to sufficiently suspend reality so that we view them as more human-like than machine and so we derive some meaning beyond function from interacting with them.

Let’s use television as an analogy. At one point we watched whatever banal programming the television channels broadcast. But as this technology commoditised and we were freed up to choose what we watched a major shift took place. Quality content was in more demand. We moved over to pay TV and then Netflix, because they entertained us more with compelling content.

The same thing has happened in many areas of our lives – Spotify replaced radio, great novels replaced penny books.

I see a similar shift taking place in the area of virtual assistants. Would you rather chat with Siri or with a virtual assistant named Jerry who has all of Jerry Seinfeld’s character traits? Wouldn’t you prefer to be health-coached by your favorite athlete?

Australian company Complexica has developed Larry, the Digital Analyst, and he acts as a digital expert with the promise to improve topline growth, expand margins, build stronger customer relationships. But does Larry have character? Do customers actually want to interact with him or are they forced to?

There is an article in the Washington Post titled, The next hot job in Silicon Valley is for poets.  It talks about the growing demand for writers and other narrative-generating talent who can engineer a backstory for a virtual assistant.

As I see it, over the next 3-5 years the base virtual assistant + AI platform will commoditise to the point where it won’t matter which one you choose – IBM, Microsoft, Apple or an open source platform. What will matter more is how well you weave together a compelling story for your virtual assistants.

And this is where I see a new form of organization entering the market – a content developer rather than a technology developer. This organization will build a portfolio of compelling characters for its own functional arenas or license out these characters to companies.

This is an opportunity to skate to where the puck will be, not where it is.

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At EXOscalr we work with our clients to grow their wisdom practice, unleash their absolute potential and make a difference. We draw on decades of experience, including insights gained in venture capital, corporate innovation, building high growth organizations and advising the Fortune 1000 on transformation.

I read all my email at rand@exoscalr.com and I’m also at +1-650-529-4181 and+1-646-480-0205. Feel free to reach out.

Please share this newsletter on your social networks or via email. If you received this from a friend, you can subscribe (or unsubscribe) here:http://eepurl.com/bxGzD1

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F*ck Your Bullshit Story: Be Fiercer, Be Happier, Be Greater

So much of what you say, do and feel is layered over by the bullshit narrative we make up about yourself.
It is high time you break free and let your authentic self shine through.
This guided meditation may help:

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Great Southern Land – a drone video tour of Australia

I’ve recently returned from a 3,000 km round trip from Sydney to the Adelaide Hills. Along the way I got to film some footage with my drone. I’ve compiled the following video, which reaffirms for me what an awesome, awesome place Australia is:

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What’s impossible when you unleash your absolute potential?

Last week’s 3000 km (1800 mile) drive across Australia may have only covered a relatively small part of this great southern land but it enabled me to do three important things:

1. spend precious family time in the South Australian wine regions;
2. take down time and fly my drone across amazingly stark terrain; and
3. contemplate the work I’m doing and hone my thinking.

All three of these activities are essential for my continued well-being and overall spiritual fitness. I arrived back in Sydney exhausted, but full of energy and motivated to continue with my overarching purpose – using my wisdom to guide leaders unleash their absolute potential.

During this journey I both refined my purpose and crystallized a framework that succinctly explains our approach to strategic leadership.

Absolute Potential

Recently, one of my clients beautifully described how I was guiding her to ‘unleash her potential’. This really resonated as an apt moniker for my work. On the trip I realized that adding one extra word made a world of difference.  That word is ‘absolute’ – my focus is on “unleashing your absolute potential“. By this I mean your unconstrained potential, free of self-imposed limitations and societal constructs.

As I move into the second year of running EXOscalr I aim to apply this insight to my work and ask clients a really big question, “What’s impossible when you unleash your absolute potential?” Imagine what is possible when you operate without constraint.

Strategic Leadership

On my journey I also formulated the EXOscalr Strategic Leadership Model, which you can see in the diagram below.

SLM

 

This provides the framework for the way in which we work with clients. It is designed in three core modules that connect to drive deep self-awareness, build your momentum and empower you to achieve your absolute potential.

As I say in the EXOscalr Overview (Dropbox link), this sounds straightforward and may even give you a sense of comfort. However, don’t be fooled – EXOscale results are not achieved by following a curriculum, nor are they beholden to a set, linear path.

“You are the program. Your words, your voice contain your powers and they come to life within the coaching space.”

Under the Strategic Leadership Model a lot of work goes into self-inquiry and developing a growth engine, but the final element required for achieving your absolute potential is to be fierce, to harness your personal superpowers and, by doing the work, making things happen. This is a true sine qua non and I have seen people flounder who have put in the initial groundwork, but have not been sufficiently fierce, have not been proactive and seized opportunities.

To be fierce is that essential magical element and I have renamed this missive, Be Fierce, as a reminder to all of us to constantly step up and challenge ourselves.

I encourage you to take a read of the EXOscalr Overview and reach back to me if you’d like to talk about coaching yourself. Feel free to also pass it on to colleagues, portfolio CEOs and friends who may be interested in removing their constraints, refining their capabilities and unleashing their absolute potential.

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At EXOscalr we work with our clients to unleash their absolute potential and make a difference. We draw on decades of experience, including insights gained in venture capital, corporate innovation, building high growth organizations and advising the Fortune 1000 on transformation.

I read all my email at rand@exoscalr.com and I’m also at +1-650-529-4181 and +1-646-480-0205. Feel free to reach out.

Please share this newsletter on your social networks or via email. If you received this from a friend, you can subscribe (or unsubscribe) here:http://eepurl.com/bxGzD1