Don Tapscott
Don Tapscott
Don Tapscottis a Canadian business executive, author, consultant and speaker, specializing in business strategy, organizational transformation and the role of technology in business and society. He is CEO of The Tapscott Group, and was founder and chairman of the international think tank New Paradigm before its acquisition. He is Vice Chair of Spencer Trask Collaborative Innovations, a new company building a portfolio of companies in the collaboration and social media space. In World Business Forum 2013, Tapscott stated that today...
NationalityCanadian
ProfessionBusinessman
Date of Birth1 June 1947
CountryCanada
There is a fundamental change taking place in terms of how corporations create value and arguably, in terms of the core architecture of the corporation. I think it's the biggest change in a century in the ways that companies build relationships and interact with other entities, institutions in the economy and in society and arguably, the nature of the corporation itself.
Kids are very savvy about the technology. But I'm not sure they totally understand the implications of a billion people being able to see them doing whatever is posted.
No one has shown any connection whatsoever between these games and tragic incidents such as Littleton, or to youth violence in general, ... But countless studies have shown a linkage of youth violence to factors such as poverty, lack of parental involvement, family violence, untreated mental illness, the proliferation of guns, substance abuse and illegal drug wars.
This is the first generation of people that work, play, think and learn differently than their parents, ... They are the first generation to not be afraid of technology. It's like the air to them.
Companies that don't understand that these kids are different as consumers, are going to be in deep trouble, too. I mean they have huge power as consumers, much bigger than the baby boom per capita. We really need to wake up and understand. Because it's going to affect the brand, it will affect everything that we know about marketing.
These kids are different, and they're about to change the world.
These kids are 80 million alone in the U.S. They're like a tidal wave. And we've all been sitting on the beach wondering what kind of day it's going to be and no one noticed the tsunami just off the horizon, one hundred yards high, that's about to sweep us all away. We've got the first generation to grow up digital, and you know it.
When I noticed how my own children were effortlessly able to use all this sophisticated technology, at first I thought, 'My children are prodigies!' But then I noticed all their friends were like them, so that was a bad theory.
Don't have work-life balance - at least in the sense of trying to escape from work so you can have a life. Work should be fun - so make work enjoyable and satisfying for everyone - among other reasons because it pays off.
The social world is transforming the way we create wealth, work, learn, play, raise our children, and probably the way we think.
To be successful in a knowledge economy firms need to create learning organizations.
Throughout the 20th century, we created wealth through vertically integrated corporations. Now, we create wealth through networks. We are at a turning point in human history, where the industrial age has finally run out of gas.
Peering succeeds because it leverages self-organization—a style of production that works more effectively than hierarchical management for certain tasks.
Institutions are becoming naked, and if you're going to be naked … fitness is no longer optional. If you're going to be naked, you better get buff.