So I have a folder of my back-up HDD called Attic - you may have a similar - Archive, or My Stuff, or Guilty Secrets, for all I know. I make a point of occasionally going in to my Attic directory to have a root around among what's stored there and having a look through old folders and zip files with deliciously obscure names like toiltrouble.pdf, avalon.doc, or BladesDemo.exe that once meant something, and that I have now completely forgotten what they represent.
Opening one such document yesterday, I re-discovered a table that clearly illustrated the differences between the 20th Century and New Economies, and here it is.
Table 1 The Emergence of a New Economy
| Old Economy | New Economy |
| A Skill | Lifelong Learning |
| Labor vs. Management | Teams |
| Business vs. Environment | Encourage Growth |
| Security | Risk Taking |
| Monopolies | Competition |
| Job Preservation | Job Creation |
| Wages | Ownership, Options |
| Plant, Equipment | Intellectual Property |
| National | Global |
| Status Quo | Speed, Change |
| Standardization | Custom, Choice |
| Top-down | Distributed |
| Hierarchical | Networked |
| Regulation | Public/Private Partnerships |
| Zero Sum | Win-Win |
| Sues | Invests |
| Standing Still | Moving Ahead |
Source: John Doerr, Kleiner Perkins, Caufield & Byers
In my view John Doerr's chart should be printed, laminated and posted beside every learning & development professional's desk, so that they are constantly reminded of the value of the work they undertake, and the potential lifelong and work-based learning helps to realize in the development of individuals, and society-at-large.
That's all for today. Now, for your homework, reflect on the chart.
___________
References:
Doerr, J. The Emergence of a New Economy. Kleiner Perkins, Caufield & Byers.
--
