Originally posted on the Dachis Group Collaboratory
Sharing ideas and insights with Bruce Nussbaum, contributing
editor at BusinessWeek, is always a pleasure, so it's fitting that he's
one of my first round table interviews. Previously assistant managing
editor in charge of BusinessWeek's innovation and design coverage, he
was named one of the 40 most powerful people in design by I.D. Magazine
in 2005. Nussbaum wrote The World After Oil: The Shifting Axis of Power
and Wealth, and Good Intentions, an inside look at medical research on
AIDS. He has received awards from the Sigma Delta Chi Journalism
Society, the Overseas Press Club, and the Industrial Designers Society
of America. Nussbaum is a member of the Council on Foreign Relations.
For more of his thinking and writing, you can read Nussbaum on Design or follow him on Twitter. Photo credit to Alex_Cheek.
David: You've been a huge advocate for the field of design
and a believer in what's commonly known as "design thinking." Movements
in how people collaborate in an open fashion or trends such as
crowdsourcing are positioned to influence how designers think and work.
What do you think are the challenges and opportunities for designers as
these shifts take place?
Bruce: Crowdsourcing and client participation in design are
huge new opportunities that are really exciting. We now have the
technology to engage consumers, learners, drivers, patients - everyone
- and make them part of a process that generates new options, services
and experiences. Of course, that means "experts" have to give up some
control and that includes managers, designers, branders (is that a
term?). Yeah, this is especially true in branding where social media
empowers consumers to demand control of the brand, brand strategy and,
increasingly, the products/services that make up the brand.
David: Business models are being disrupted in real time. You
recently shared an opinion on how this affected BusinessWeek. In your
opinion, what should a business be doing right now to ensure that they
are positioned to thrive?
Bruce: The same forces decentralizing power and participation
in media are sweeping business organizations. So we have social
business models arising in the same way that we have social media
models. I think you guys are pioneering in this area, David. You know,
there is a health practice in Brooklyn called Hello Health where young
doctors organize their practice around a Facebook platform--maybe it is
Facebook itself. I think that's the model of the future for many
business organizations. It's beyond flat. It's networked. Changing big
corporations to do that will be a huge task. AG Lafley, before he left
as CEO of P&G, said his job of just opening the silos there was
only 10% done after nearly 8 years. So moving from hierarchical to
horizontal to networked is an immense task--but it has to be done to
compete in the global economy. I'd guess that one out of 10 big
companies will be able to make the switch. Maybe 1 in 20.
You have to be in the culture of your consumers and clients and
certainly with Gen Y, that's how they live, that's where they live.
It's not just the future, it's like tomorrow.
David: You've written on the topic of innovation for some
time providing alternative perspectives on processes such as Six Sigma
etc. Has your view on innovation itself changed or is it the same? How
do you personally define innovation?
Bruce: Innovation, for me, is invention that generates value
for people. Often that value is monetary and commercial and produces
profits, jobs, taxes and economic growth. Increasingly innovation is
happening in non-market civic arenas--health, education,
transportation, warfare (yes warfare), where the increased value is not
necessarily monetary alone but hugely beneficial to the people it
effects. The fastest growing field in innovation and design consulting
is health care. Yet, there is a lot of money to be saved and earned in
that space, but the biggest beneficiaries are patients, doctors and
nurses.
David You've recently joined the ranks with many of us on
networks such as Twitter. Why did you do it? What have you learned and
what in your opinion is the opportunities and or risks that networks
provide to the business world.
Bruce: I touched on the importance of networks earlier. They
are the crucial building blocks of organization for the future. And
hey, they were in the past. Church groups, unions, political parties,
block associations--all networks. Just without the technology that
binds these days.
I use Twitter to create a human search engine that screens
information and links it to me quickly. It is so much better than a
mathematical algorithm that doesn't know me. This posse is my
information curator. Increasingly, I wake up in the morning and use
Twitter to get my information, not the NY Times or the WS Journal. I
rely on my Twitter-mates (don't go there) to put me onto trends way
before they show up on data bases. And yes, I also am entertained by
them. I hope I give them giggles from time to time as well. And I hope
I serve them as well as a curator of information.
David: You've written a good deal about the current economic
climate, how we got here and what we could be doing to get out. If you
were a CEO of a large business today, what would you do to fuel
economic growth? Do you think business leaders can help turn this
around?
Bruce: CEOs should have been innovating throughout the
recession and need to innovate even faster as we exit it and move
toward growth. Every serious study shows that when companies innovate
in an economic downturn, they pick up market share vis-à-vis their
competitors once growth accelerates. Apple does this so well.
But most executives just cut costs and then find themselves with
nothing new to offer consumers when the game changes. I think we'll
have a new normal consumer culture in the next business cycle
and companies that figure out the needs and wants of people in that
culture will do exceedingly well. Also, Gen Y is beginning to move into
the workforce. It has a very distinct culture that very few companies
understand. I'm talking different values, behaviors and platforms of
interaction and delivery. Those who "get" Gen Y will do well.
David: "Social media" for the lack of a better phrase seems
to be on everyone's mind. What's your take on the current state of
matters related to this? Where specifically do you see opportunities
and what should we as both citizens and members of the workforce be
mindful of?
Bruce: "Social media" has evolved to the point where we
should drop the word "social." Most media is now networked, engaged,
participatory, looped. It's the norm. Social media is where Gen Y live
and social media is where aging Baby Boomers are gravitating toward. We
are still sorting out the technologies and rules of the game for social
media. There are different cultures for different platforms. You have
to study these cultures as if they were different villages in different
continents.
I see virtually all corporate consumer business, retail, media,
education and health moving onto the social media platform. Think Mint
vs. Intuit (which just bought Mint). I believe hybrid social media
models will develop that integrate the personal with the network. I
think one of the next big things will be in cheap, portable video
conference systems that link to social media systems that make them
much more personal. Let's face it, Skype sucks, especially compared to
HP's Halo system but Skype is free and Halo is expensive. So far. A
disruptive technology in video conference could make a huge difference
in both social media and social business platforms.
I'm hoping that all this will change our political system which has
become hugely corrupt. Unlike Asia, where corruption is rampant and
fought, we in the US have simply legalized it and call it "lobbying."
Social media has the promise of taking power away from the few in
Washington and giving it to the people. Yeah, yeah, I know. Be careful
of what you wish for. But, hey, this is all good and fun and, yes,
important too.