Interesting discussion during keynote2 about the responsibility of leaders at DeFrag (and beyond) to understand or illuminate the data problems that were underlying the current financial crisis. How could we build better perspectives/views into situations that are dangerous, unravelling, wrong…
soundbytes:
“It’s time to create information that matters…”
Discussion of a problem of trust and information sources and why nobody was catching what was going on in this space.
“…part of the problem the ability to extract signal from noise … “
“The metaphor for tools we use is breaking down..”
book: “normal accidents”
Discussion around empowering the individual, increasing individual responsibility and shift from listening to acting -
Interesting how this maps to social networking expectations - where the behavior of the individual is about being more empowered and responsible to comment - what if the approvers on the font line of mortgage co’s where able to share their thoughts about how these crazy mortgages were being approved? (ref article about WaMu brokers) - what if we all saw that?
what we need to do:
Focus on the innovation/small business as the engine of the economy -
bring back humans into decisions -
take a leadership view - what’s going foward -
not delegating trust to institutions,
finding people who can feed mutual trust in each other …
trying to provide a perspective of information that is different - signal