Have you ever been on a journey with someone where you’ve obviously lost your way, but they won’t let you stop and ask for directions? They refuse to acknowledge they need help. Why is that?
“Through pride we are ever deceiving ourselves. But deep down below the surface of the average conscience a still, small voice says to us, something is out of tune.” – Carl Jung, psychologist and innovative thinker
“If you don’t get off that computer game, you’ll never amount to anything!”
It’s a familiar lament in modern families. Yet as parents fret about the time their children spend gaming, they may be missing the bigger picture — by failing to perceive the future of job creation in the Internet of Everything (IoE) economy.
Gaming (within reason!) bestows children with some valuable skills that will be relevant to a rapidly evolving job market. And for a few kids, the gaming becomes the job. Gaming “super bowls” draw top players and increasingly large audiences that prefer the interactive nature of gaming to the performer / spectator model of “real” sports.
The point is not for parents to bank on their children becoming wealthy at the “gaming super bowl.” Those odds are probably not much better than making it to the NFL’s Super Bowl!
Two weeks ago, I was sitting in front of 250 people at the Commonwealth Club in San Francisco talking about a subject most Fortune 500 companies are dealing with today: how to prepare for the thousands of Gen Y employees about to descend on the work place. Last Tuesday, July 16th, I had the pleasure of speaking on this topic with Google’s Todd Carlisle, Director of Staffing, and Twitter’s Melissa Daimler, Head of Organizational Effectiveness and Learning. Doug MacMillan with Bloomberg BusinessWeek moderated the discussion.
During the course of the evening, we discussed an assortment of topics around how companies are creating an environment that these new generations of employees will want to work in. It’s clear Gen Yers work and interact in different ways and companies are having to adapt.
For example, all of the panelists agreed that companies must provide lots of opportunities for training and coaching. I firmly believe that the number one predictor of job satisfaction is great coaching. In five or ten years, I may not remember how I was paid in that particular position, but I will remember an impactful mentor and a skill I learned. Todd from Google brought up an interesting Googler to Googler program that they’ve implemented, that connects people to share their skills – everything from debugging a complex piece of code to teaching yoga. Melissa agreed, saying that if there is just one question that managers ask employees every quarter, it should be “what is the skill you want to learn.” After all, people are more loyal to building their skill set and their career path than any type of company.
The topic of work-life balance also came up, and each panelist talked about that in a different way. I believe that what used to be a work-life balance is, for Gen Yers, a work-life blend. This newest generation of employees is used to constantly flipping back and forth Read More »
We’re officially in the middle of summer and at Cisco IT that means we’re knee deep in our summer internship program.
Working with the summer interns is one of the best parts of my job. I absolutely love our interns’ unbridled energy and enthusiasm. They are refreshing in their honesty and bring new ideas and new ways of looking at things, viewing work through a different lens. Read More »
By the way, what are all of these “things”? Mobile devices, parking meters, thermostats, cardiac monitors, tires, roads, cars, supermarket shelves, and yes, even cattle. The list is endless, and it just keeps getting longer and more interesting. Literally, by the second.
Even more exciting is when all of these things are combined with people, process and data via the network to deliver transformational value to the world by improving the way we make decisions, saving us time and money, and so much more. That’s the Internet of Everything, and its value increases every time we connect the unconnected.
So we’re paying close attention. The connections counter will help us keep track of exactly where we are in this journey, starting now and continuing through 2020.
We encourage you to keep track as well. Cisco invites journalists, analysts and other interested parties to check out the IoE Connections Counter and to feature it in your own content.
Let the countdown to 2020 and 50 billion connections begin!
Our methodology: To estimate the number of connected objects during 2013-20 we first estimated the total number of ‘things’ in the world and then determined the proportion of connected things. For 2012, we had estimated the total number of ‘things’ in the world to be 1.5 trillion and the number of connected objects to be 8.7 billion, implying 0.6% penetration rate of connected objects. We expect the number of things to reach 1.8 trillion in 2020, growing 3% annually. Subsequently, we have assumed that connectivity costs will decline by 25% annually during 2013-20. Conservatively, we assume the price-elasticity of demand to be ~1 and consequently expect annual growth in number of things to be 25% CAGR during 2013-20. Based on these assumptions, we estimate that the number of connected objects to reach ~50 billion in 2020 (or 2.7% of the total things in the world).