Manage Change in a Hyper-Changing World
Gary Hamel, Strategy Consultant, on managing change 24/7.
There is so much attention being paid today on how to embrace change. But management expert Gary Hamel, the bestselling author of What Matters Now, says that leaders need to understand that change itself has changed. Grasping the evolution of change will prepare leaders to anticipate shifts and the unstoppable innovations that drive them.
In the latest installment of Big Think’s Edge, Hamel teaches how to navigate today’s world of accelerated change and relentless competition.
The Revolution of Management
In the near future, industries will be ruled by technologies that haven’t been invented yet. Moore’s Law has observed that computing power doubles every two years, and so can you imagine what leading industries will look like two decades from now?
Leaders who don’t want to be blindsided by a shift must be experts at anticipating and leveraging change. “There’s a very good chance that over the next few years we are going to see a revolution in management that is just as profound as the revolution in management that gave birth to the industrial age,” says Hamel.
The Acceleration Continues
As fast-paced as the world is today, we have to stop a moment and consider how change itself has changed. And the pace may not seem natural, as far as our agrarian ancestors are concerned; it's not slowing down but becoming faster. “We literally live today in a world where change has changed. We are the first generation in history where the pace of change has gone hyper-critical within our lifetimes,” Hamel points out.
Modernity has given us an "exponential lifestyle" where everything from CO2 emissions and the number of genes sequenced to the number of discovered planets are essentially growing exponentially. The old adage should be changed to: rapid change is the only constant.
From the printing press to the personal computer to whatever device we're all glued to ten years from now, advancements in technology provide greater opportunities. This is of course a positive trend, one that evens the playing field. But it also means fiercer competition and lowered barriers of entry.
Master navigating change and you gain an advantage over your competitors. You will also anticipate shifts before they happen and seize on new innovations and other opportunities in uncertain times.
To learn how to understand everything you need to know about managing change, subscribe to Big Think’s Edge and watch this clip from Hamel’s discussion on staying competitive in our ever changing world:
Here's the science of black holes, from supermassive monsters to ones the size of ping-pong balls.
- There's more than one way to make a black hole, says NASA's Michelle Thaller. They're not always formed from dead stars. For example, there are teeny tiny black holes all around us, the result of high-energy cosmic rays slamming into our atmosphere with enough force to cram matter together so densely that no light can escape.
- CERN is trying to create artificial black holes right now, but don't worry, it's not dangerous. Scientists there are attempting to smash two particles together with such intensity that it creates a black hole that would live for just a millionth of a second.
- Thaller uses a brilliant analogy involving a rubber sheet, a marble, and an elephant to explain why different black holes have varying densities. Watch and learn!
- Bonus fact: If the Earth became a black hole, it would be crushed to the size of a ping-pong ball.
Protected animals are feared to be headed for the black market.
In a breakthrough for nuclear fusion research, scientists at China's Experimental Advanced Superconducting Tokamak (EAST) reactor have produced temperatures necessary for nuclear fusion on Earth.
- The EAST reactor was able to heat hydrogen to temperatures exceeding 100 million degrees Celsius.
- Nuclear fusion could someday provide the planet with a virtually limitless supply of clean energy.
- Still, scientists have many other obstacles to pass before fusion technology becomes a viable energy source.
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