© 2011 ibm corporation smarter strategies for economic transformation … watson transforming...
TRANSCRIPT
© 2011 IBM Corporation
Smarter Strategies for Economic Transformation… Watson Transforming Industries
Gerard M. Mooney General Manager Global Government and Education June 23, 2011
DRAFT
© 2011 IBM Corporation2 April 21, 2023
Contents
A new era of talent intensive growth
Smarter strategies to drive economic transformation and development
Contents
Four Partners for
Economic Development
Government
Citizens
Business
Education
© 2011 IBM Corporation
Skills and knowledge are becoming increasingly important drivers of economic growth and activity in cities and regions
Skills and knowledge are driving growth in income (Regional and urban data, 1999-2007, size of the bubble reflects income per capita, US$ PPP)
0
10
20
30
40
50
60
0 10 20 30 40 50 60
Tertiary education, % of labor force
Kn
ow
led
ge
inte
nsi
ve s
erv
ice
s, %
of
tota
l
19992007
The era of talent and innovation-led growth
Source: OECD Regional Statistics database, 2010 and IBM Global Center for Economics Development analysis
MA
N. Ireland
© 2011 IBM Corporation4 April 21, 2023
As skills, knowledge grow in importance, demand - and competition - for higher quality workers is increasing
Source: CDEFOP, 2009 and 2010, and IBM Global Center for Economics Development analysis
0
20
40
60
80
100
120
Africa Asia Europe N.America
World
2010 2030(f)
Inflow of highly educated migrants Millions, 2010-2030
10.1
-8.5
-18.3
20.1
-20
-15
-10
-5
0
5
10
15
20
25
Higher skilled Low skilled
2007-2013(f)2013-2020(f)
Change in demand for skills in EU27 Net increases in excess of demographic factors,
millions of jobs
A new era of talent intensive growth
© 2011 IBM Corporation5 April 21, 2023
For all organizations, uncertainty, risk and complexity in the external environment are increasing
Uncertainty
Co
mp
lexi
ty
• Networked economy
• Price instability
Pre-Crisis
Business Environment
• Data overload
• Credit Constraints• Industry
Restructuring
Sources: IBM Analysis, The Black Swan, Nassim Nicholas Taleb, Random House 2007
• Sovereign Defaults
A new era of talent intensive growth
© 2011 IBM Corporation6 April 21, 2023
The data deluge is real and oorganizations are struggling to understand how to use it to achieve results
Organisations are overwhelmed by the amount of data they have, and struggle to understand how to use it to achieve business results
N = 2512Source: IBM Institute for Business Value and MIT Sloan Management Review surveyGraphics and content: MIT Sloan Management Review, Fall 201010 Data Points: Information and Analytics at Work
A new era of talent intensive growth
© 2011 IBM Corporation7 April 21, 2023
Partnering and collaboration are now key and are becoming more important
Increased Network Complexities
1
Executives expect collaborative relationshipswith third parties to increase
80%
•
Source: IBM Global Chief Supply Chain Officer Study
The era of talent and innovation-led growth
© 2011 IBM Corporation8 April 21, 2023Source: IBM Global Retail Industry, Worldinternetstats.com
At the same time, consumers are becoming smarter as technology fundamentally changes the way they interact and obtain information,
Internet users, millions,1995-2010
16
1966
0
500
1000
1500
2000
2500
19
95
20
10
+12,188%
A new era of talent intensive growth
… citizens are increasing informed, enabled and demanding
Source: IBM Global Retail Industry, Worldinternetstats.com
28.7% of the world’s population, are online
63% of adults research through social networks and blogs, and 47% of the time they are influenced by what they read
As of Jan 22, 2011 there were over 400,000 iphone apps and over 10 billion downloads
© 2011 IBM Corporation9 April 21, 2023
Contents
A new era of talent intensive growth
Smarter strategies to drive economic transformation and development
Contents
Four Partners for
Economic Development
Government
Citizens
Business
Education
© 2011 IBM Corporation10 April 21, 2023
A number of core systems play a crucial role in underpinning innovation, job creation and growth and are key for the economic development of cities
Public Safety
Government Services
Education
Healthcare
Transportation
Energy and Utilities, including water
Telecommunications
Smarter strategies to drive economic transformation and development
© 2011 IBM Corporation11 April 21, 2023
Cities and businesses can generate growth in the face of these challenges by innovating and getting ‘smarter’
Intensifying competition for
talent
Complexity and uncertainty
Smarter consumers
Innovation
Smarter strategies to drive economic transformation and development
© 2011 IBM Corporation
IBM Global Entrepreneur SmartCamp finalists are world class
Smarter strategies to drive economic transformation and development
© 2011 IBM Corporation
IBM Global Entrepreneur of the Year announced in Dublin
Smarter strategies to drive economic transformation and development
© 2011 IBM Corporation14 April 21, 2023
Leverage modern information technology to make systems and
services smarter
Leverage modern information technology to make systems and
services smarter
Leaders must act NOW in this new environment
Making such wise investments now to
build a smarter region will help to
drive economic transformation and
development
Smarter strategies to drive economic transformation and development
© 2011 IBM Corporation15 April 21, 2023
"It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change”
Charles Darwin (1809 -1882)
Smarter strategies to drive economic transformation and development