1961 First industrial robot, “The Unimate”, the first programmable industrial robot, is installed on a General Motors assembly line in New Jersey. The first radio transmission across an ocean (the Atlantic Ocean) occurred on December 12, 1901. It often still does despite the evaporation and decline over the last 16 years of a vast number of previously gargantuan organizations. Bill Gates and Paul Allen wrote a BASIC compiler for the Altair and formed Micro-soft. 1952 The computer compiler is developed by Rear Admiral Grace Murray Hopper (1906 – 1992) – a US naval officer and mathematician. They sold their new toilet paper from a push cart – this was the beginning of the Scott Paper Company. Our Stores Are Open Book Annex Membership Educators Gift Cards Stores & Events Help The acronym refers to small electronic devices that consist of a small chip and an antenna. 1907 Rocketry is launched onto the world! 1881 The world’s first public electricity supply delivered, when the streets of the Surrey town of Godalming in the UK were lit with electric light. Is it any wonder that the satirical publication of the day, “Punch” in 1899 carried, in its look at the coming new century, the joke about a genius who asked “Isn’t there a clerk who can examine patents?” To which a boy replied “Quite unnecessary, Sir. Johnson at the Royal Radar Establishment, Malvern, UK, with a published paper on touch screen technology for air traffic control in an article published in 1968. 2001 The Smartwatch. 1985 Microsoft introduces its Windows OS in response to Apple’s Mac. Like many other creations, this one was also a result of many brilliant and inquisitive minds. Previous cameras required the user to insert a roll of film & “wind” it on to the camera’s film spool. The concepts that seeded nanotechnology were first discussed in 1959 by renowned physicist Richard Feynman in his talk, “There’s Plenty of Room at the Bottom”, in which he described the possibility of synthesis via direct manipulation of atoms. 1899 The paper clip was invented in 1899 by a Norwegian patent clerk called Johann Vaaler. Previously, Karen served as a strategic advisor at DUAL International Limited, the world’s largest international underwriting agency, and as Chief Innovation Officer at AIG. 1C).Unprecedented rates of fossil fuel burning led to the onset of global warming (Fig. 2005 GPS became commercially viable and was embedded into phone devices from here on. This paved the way for the clone industry, which in the end marginalized the influence of Big Blue but spawned the birth of the PC industry as we know it today. Children under the age of 13, who were employed, were required to have a certificate to show they had reached the educational standard. Conscious capitalism and impact investing (as if there were investment without impact!) 1980 The Sony Walkman is released. The first commercially viable electric motor was introduced by Zenobe Gramme in the year 1871. Use the website to communicate with me. The internal combustion engine developed in the late 1800’s continues in use to this day – but has been highly fine tuned & developed. The While the Nicolet Corporation’s hearing aid was not publicly successful and the company shortly folded, it was able to start a competition between companies to create more effective hearing aids. 1981 IBM launches their PC on August 12. The spammers of the world salute you! My instinct is to look at those three things every company gets to make choices about—resources, processes and values—through a fresh lens. Two weeks after Telstar’s debut, President Kennedy holds a press conference in Washington, D.C., that is broadcast live across the Atlantic. Its main feature was that the film used by the camera was in a cartridge that simply clicked into place. 1884 The first fountain pen is made by Lewis E. Waterman (an American inventor and insurance salesman) who developed a relatively leak-proof fountain pen; he patented his new invention in 1884 and revolutionized writing. Although the radio was invented by Nikola Tesla, it was promoted and popularised by Guglielmo Marconi in 1895. Skroupa: There has been a clear rise in stakeholder regard for ESG and CSR within the 21st Century. His iron weighed almost 15 pounds and took a long time to warm up. He invented the system as a way of sharing scientific data (and other information) around the world, using the Internet, a world-wide network of computers, and hypertext documents. He demonstrated it at the New York exposition in the Crystal Palace in a dramatic, death-defying presentation in 1854, and the first such passenger elevator was installed at 488 Broadway in New York City, on March 23, 1857. Although other mobile phone manufacturers (such as Nokia & Sony) had smartphones on the market long before Apple, none had captured what users really wanted until the Iphone came along. In the Western, developed, world we have experienced what can happen when the health & education standards of the population are improved – literacy levels for those populations have risen drastically in the last couple of centuries. Intended operationally in the sense of what job it is that the customer hires our goods and services to accomplish and also what do we stand for, what values bind us? The last 70 years has seen massive changes roll out over ever decreasing time periods. As co-founder of The Global Sourcing Council and its UN hosted awards for socially sustainable sourcing, (. The “happy” qualifier was optimistic—maybe bittersweet is more apt? The German nuclear physicist Hans Wilhelm Geiger developed the device from 1908-12. So, it’s an oxymoron in that all companies operating now do so literally in 21st century conditions but some are more ideologically 21st century than others. Later the company introduced the ability to call traditional landlines & mobiles for a small fee (a fraction of the cost of traditional phone calls). 1965 The first computer “Mouse” was developed for use in radar control desks by a team led by Rainer Mallebrein at Telefunken Konstanz for the German Bundesanstalt für Flugsicherung as part of their TR 86 process computer system with its SIG 100-86vector graphics terminal. Posted November 28, 2016. Vitally of course, purpose encompasses the central, immutable purpose of every for-profit organization that of attracting and keeping desired customers profitably. But in the 21st century, it will not even double once – birth rates in much of the world have declined sharply. 1964 UAV (Drones) Used for first time. 1968 Touchscreen technology was launched. Only with major improvements in computing and electronic controlling systems in the1980s and ’90s were modern-day drones made possible. The first commercial jet flight takes off from New York and lands in Paris. to name but a few), it quickly became the dominant player & now represents more than 90% of all internet searches. The strategic story with its cast of three—resources, processes and values—romped through various thematic twists familiar to us all. 1991 The Internet arrives with a whimper. BUSINESS CHALLENGES IN 21 ST CENTURY 2 Business Challenges in the 21 st Century Introduction The 21st century has been characterized by various factors that have entirely changed the way businesses are conducted in the Market. 1969 Dorothy Hodgkin describes the molecular structure of insulin. If it’s not broke, this may be your only chance to fix it. It is this “Compression” of timeframes that makes the 21st Century advances seem more dramatic & of greater impact. The modern internet would not be possible without this protocol, 1978 The Bionic ear is invented by Graeme Clark in Melbourne, Australia. Innovation subsequently became “fashionable,” at least rhetorically, and no annual report left home without its liberal sprinkling of self-awarded adverbs and adjectives. In practice, however, the residual management preoccupation remained counting, controlling and predicting what the company does to make money. X-rays were soon used as an important diagnostic tool in medicine. I think the business imperative is indisputable now but still the overwhelming majority of CEOs surveyed report frustration with innovation. An integrated circuit (IC) or chip is a wafer of material to which impurities have been added (in just the right patterns) so that the entire chip is a circuit composed of many transistors. 2015 Driverless cars which can navigate specific routes and traffic, What society is now experiencing is the “Multiplier” effect. In addition, since the cartridge carries both supply and take-up reels, the cartridge does not have to be rewound before the tape is removed from the machine and stored. TCP/IP is a set of rules (protocols) governing communications among all computers on the Internet. The barriers at work tend to be contextual. navies, air forces, and intelligence services may be major actors in 21st century armed conflict. The hearing aid contained a body-worn processor that had a hardwire connection with an ear mounted transducer. The VCR started to become a mass market consumer product; by 1979 there were three competing technical standards using mutually incompatible tape cassettes. 1867 The motorcycle arrived! Two years later, in 1989, the behind-the-ear (BTE) digital hearing aid was launched. There are, however, tools and practices that massively augment the potential for successfully constructing an innovation capability. 1976 Lithium batteries are developed. The first commercial compact disc was produced on 17 August 1982. Ultimately, the VHS system won the war – not because it was technically superior (it wasn’t) but because it had more variety in its range of recorded programming to view. There was no way of spacing the letters, no carriage return, and no shift keys; these features would be added to later models. There was no fanfare in the global press. This will help those with Type 1 diabetes to spend less time managing their disease and more time enjoying life. These days, sharing information is most often done over an Ethernet (usually referred to as a LAN – Local Area Network); from the smallest office to the largest corporation, from the single schoolroom to the largest university campus, Ethernet is clearly the networking technology of choice. The future holds all sorts of wonders for us – but it is likely to look nothing like what we may think as the next major innovations may well render useless all that have come before them! My instinct is to look at those three things every company gets to make choices about—resources, processes and values—through a fresh lens. 1955 Microwave ovens arrive. Christopher P. Skroupa is the founder and CEO of Skytop Strategies, a global organizer of conferences. Microsoft got IBM to agree that PC-DOS (the OS that IBM had as an option for its PCs) would not be an IBM exclusive. 1975 The Personal Computer (PC) era is born. So, it’s essential to have an innovation agenda, a strategic and tactical plan, even if the current core business appears healthy. 1975 Discovery of endorphins – natural pain killers in the brain. Without Ethernet there would be no internet & computer networks would still rely on large (& expensive) computer mainframes. The platform facilitates the phrase “News travels fast” with members able to send messages to a global audience in seconds – at zero cost. I believe I was the first person in insurance to have the title Chief Innovation Officer (a title freighted with problems, but that is another story). 1891 The escalator was invented by the American inventor Jesse W. Reno. It often still does despite the evaporation and decline over the last 16 years of a vast number of previously gargantuan organizations. Bandages for wounds had been around since ancient times, but an easy-to-use dressing with an adhesive was invented by Earle Dickson (a cotton buyer at the Johnson & Johnson company). 1857 Joseph Gayetty invented toilet paper. Both globalization and competitiveness are governed essentially by market forces that force the introduction of significant … This reservoir would hold enough ink for a few pages of writing. TIMELINE OF DISRUPTIVE TECHNOLOGIES IN THE 21ST CENTURY. remain nascent, but have impetus. 2007 The iPhone is released, smartphones become simple & stylish & the industry shifts into high gear. Bell Labs announces the invention of the first practical silicon solar cell. 1975 Cesar Milstein and co-workers develop monoclonal antibodies, the ‘magic bullets’ that can seek out specific antigens and therefore disease-causing organisms. We're not only working in offices, but trains, airport lounges, serviced offices, client sites and of course our homes. Since then the merging of digital technologies & medicine has accelerated – leading to the development of electronic retinas, artificial pancreas, hearts, etc. Gyroscopes are used in navigation instruments (for ships, planes, and rockets). Telstar makes real a 1945 concept by science fiction author Arthur C. Clarke, who envisioned a global communications network based on geosynchronous satellites. 1958 Jet air travel becomes a reality. 1984 3D printing was invented in 1984 by Chuck Hull of 3D Systems Corporation. CSR and CSI will also evolve but I think that profit with purpose will prove to be a stronger and more resilient approach than isolated philanthropy. The way music is distributed changed forever & heralded the demise of the old recording industry & record shops. On December 17, 1903, the “Flyer” flew for 12 seconds and for a distance of 120 feet (37 m). She was produced by cloning a single mammary cell. Buy Globalization, Competitiveness, and Governability: The Three Disruptive Forces of Business in the 21st Century by Ernst, Ricardo, Haar, Jerry online on Amazon.ae at best prices. Each company needs an individualized plan reflective of many considerations from sector to maturity, business model, competitive forces, appetite for risk and interdependencies in the value chain to cite just a few. Military driven through 1960’s as simulators for training pilots, tank drivers, submariners, etc. My working definition of the modern company (putatively perplexing for some) is “a community of people united around a common purpose.” This perspective puts people first but not individualistically, rather in how they interact, collaborate and communicate in union as a community. Life expectancy in developed nations hovers between 75-85 years – depending on sex & location. 1895 X-rays are discovered by Wilhelm Konrad von Roentgen (1845-1923). In 1958, John McCarthy and Marvin Minsky started the MIT Artificial Intelligence lab. 1859 Storage battery – whilst Alessandro Volta (an Italian physicist) invented the first chemical battery in 1800, it’s commercial applications were limited due to cost & efficiency issues. 1971 First email program is developed by Ray Tomlinson. Delivery of cellular antibiotics direct to infected cells. 1890 The zipper is released to the world by Whitcomb L. Judson, an American engineer from Chicago, Illinois. Coextensively, globalization and hyper-connectivity have shrunk our world and woven global economies together inextricably, challenging the very possibility of a purely local business. This design is somewhat similar to the type still used today. Dennis is a “Digital Nomad” with an MBA in Marketing Management & has been involved in the online environment for over 15 years. Our world is volatile and change is certain. 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