Former Clerk of the Privy Council of the Government of Canada has written an interesting article published today in The Globe and Mail on the effect that the speed of technological change has on governance. He focuses on government, but the changes and his recommendations have application to other enterprises of all sizes as well.
|Technological Change||Necessary Governance Responses|
|Speed up of pace of change||Move from hindsight to foresight|
|Scope of change: vast and shifting||Structures need flexibility|
|Disruptive change involves risk taking||Become more innovative and tolerant of risk|
|Innovation crosses borders||Crowd source public insights|
|Platform-based technologies with non-linear scalability and low marginal costs||Think long term and anticipate the effects of the changes|
|Changes evolve through trial and error||Look ahead to both benefits and costs to the wider society|
|Creation of virtual communities of interest with unfiltered commentary||Use social media well;|
When technologies disrupt and cause social problems, distrust of institutions follows. Not only do we need to grow through innovation, Page says, but we must respond with new policies to meet the present and coming disruption.