Society Wisdom: Wisdom Networks crowd create Network Society

Contacte: marcus.cake@wisdomnetworks.im

Skype: marcuscakeLinkedIn: au.linkedin.com/in/marcuscake

Focus Human time and attention

Wisdom Networks

Transparency

Accessibility

Meritocracy

Accessibility

Productivity

Growth

Outcomes

Life

Society6

EfficiencyTechnological Singularity

Delivered in 5 days!

Launch in 90-180!

Transformation in 1-2 years!

Society2

Please share! Current version at http://is.gd/wnccns

ContentsWe need to upgrade from the Information Age to Wisdom Networks!

declining or negative productivity means we have a choice ... wisdom, crisis or collapse

Wisdom Networksa cloud of things, books, communities, process and outcomes distributed among the people

Wisdom Booksare a comprehensive and more efficient means of sharing knowledge and organising wisdom

(compared to incomplete, opaque information technology)

National Wisdom Network (NWN)enables the Network Society ... an upgrade from the Information Age

Network Societyachieves a rapid jump in productivity and growth by restructuring time and attention

What does Wisdom look like?Some examples: Health, Equity Market, Economic development, Governance, Management

Why? Why not? How?

Distributed economies, society or communities are today’s structure to deliver productivity, sustainability and growth …

100 year old centralised structures are socio-economically and environmentally unsustainable

Distributed economies (DE) are “a fresh strategy to guide industrial development towards becoming more sustainable. The concept calls for a transformation in the industrial system towards DE departing from the socio-economically and environmentally unsustainable dynamics associated with large-scale, centralised

production units that are favoured by neoclassical economic drivers.”1

100 year old structures from the industrial RevolutionHierarchies use point to point communication and put

2 information elements in the internet

Today’s structureWisdom Networks enable peer to peer collaboration

and put all 6 information elements in the internet

1. Distributed economies – A new engine for innovation, Allan Johansson, The International Institute for Industrial Environmental Economics, 2005 ( http://www.sciencedirect.com/science/article/pii/S0959652604002719 )

Image source: Wikipedia

People are evolving toward digital "books" shared with everyone, everywhere, anytime across all communities ... and crowd creates the next an era of distributed prosperity!

Facebook brought "books" to social in 10 yearsFacebook reduced social interaction to books of “things” that could shared with anyone, everywhere and restructured global social time and attention and achieved transparency and meritocracy in less than 10 years.

Wisdom Networks bring "books" to everything else in 2-5 yearsWisdom Networks will reduce organisations, industries and society to books that can be shared with anyone, everywhere, anytime and transform organisations, industry and the remainder of society within 2-5 years.

Only 30 networks required to achieve distributed prosperity?As few as 30 wisdom networks can transform society and achieve distributed prosperity. Each can be launched within 90-180 days and achieve critical mass within 2-5 years.

Hierarchy(individuals have influence)

Shared Digital Books(everyone has influence)

HEALTHINDIVIDUAL

GOVERNMENTINDUSTRY

Doctors, nurses and patientsGOVERNANCE

GovernmentDepartment(s)

EQUITY MARKETStockexchanges

ORGANISATION

EDUCATION

Teachers andstudents Politicians

SME's, investorsand advisers

Wisdom Networks crowd create the Network SocietyWe need wisdom productivity, growth and wealth to sustain society

Wisdom Networks crowd create productivity, growth, transparency, and distribute influence across the Network Society in shared books

DEMOCRACY

History shows us that all communities evolve and produce more with less over timeWisdom Networks lift potential output from 18% to 57.5% ... 3.15 times the output!

Wisdom Networks lift community output from 18% (Information Age) to 48.75% by lifting productive work time from 28% to 75%Wisdom Networks expand access and capture community contribution and add 8.75% ... global contribution a bonus!

PEOPLE

PRO

DU

CTI

VE

WO

RK

TIM

E

65%Workers

28%

HIERARCHY(Services sector)

POTENTIAL GAIN TO HIERARCHY

OUTPUT by restructuring

human time and attention)

100%

NONSERVICES

POTENTIAL GAIN FROM

NONSERVICES?

Non-workers

WHAT CAN THE CROWD BE MOBILISED TO DO?

POTENTIAL GAIN FROMNON HIERARCHIES?

75%

POTENTIAL PRODUCTIVE OUTPUT OF ANY COMMUNITY(ORGANISATION, INDUSTRY OR SOCIETY)

18.2% Hierarchy outputInformation Age output

can never exceeds 18% of potential output

(contribution limited to hierarchies)

Extra 30.55%from Wisdom

Wisdom Networks can achieve 48.75% of potential output (productive time

increases from 28% to 75%)

Extra 8.75%from communityWisdom Networks can

organisation contribution from

outside hierarchies everywhere

Add ?% from Global Community

Wisdom Networks can capture contribution from

the global community virtually!

Growth bonus!

We need to move from Information to Wisdom

"Where is the Life we have lost in living? Where is the wisdom we have lost in knowledge?

Where is the knowledge we have lost in information?"T.S. Elliott

DISTRIBUTEDDECENTRALISED

WISDOM NETWORKSPROSPERITY

Shell defines WHAT? two alternative scenarios are in our future ...Wisdom Networks are HOW? we crowd create a better world and prosperity

@marcuscake WisdomNetworks.im CC BY-NC-SA 3.0

STATUS QUOCENTRALISED

INFORMATION AGE STAGNATION

Source: 1 Shell News Lens Scenarios (is.gd/newlens)

Mountains (Shell scenario)"The first scenario, labelled “mountains”, sees a strong role for government and the introduction of firm and far-reaching policy measures. "1

"This is the world with status quo power locked in and held tightly by the currently influential. Stability is the highest prize: those at the top align their interests to unlock resources steadily and cautiously, not solely dictated by immediate market forces. The resulting rigidity within the system dampens economic dynamism and stifles social mobility." 1

Oceans (Shell Scenario)"The second scenario, which we call “oceans”, describes a more prosperous and volatile world. Energy demand surges, due to strong economic growth. Power is more widely distributed and governments take longer to agree major decisions. "1

"Influence stretches far and wide in the world of Oceans. Power is devolved, competing interests are accommodated and compromise is king. Economic productivity surges on a huge wave of reforms, yet social cohesion is sometimes eroded and politics destabilised. This causes much secondary policy development to stagnate, giving immediate market forces greater prominence."1

Who will choose (and create) the future? People, corporations or goverment

We could implement this future in 2 - 5 years

We could be in a "trapped transition" for another 16 years

Information technology

WisdomNetworksHierarchy

Wisdom Networks crowd createdistributed prosperity

Productive time worked 28% 75%+ Productive

time worked

Standard ofliving

Standard of living

Productivity -2% to 1%(& declining)

Exhaustion(Wealth transfers)

InformationSociety

Prosperity(Wealth creation)

Global community

WisdomBooks

Countries

NetworkSociety

Productivity

Private networks Internet of Everything (IoE)

InstitutionsCommunity

(Crowds)

The Path of decline

Apathy

Unemployment

Expenditure exceeds income

Debt

Fraud

Bankruptcy

Conflict

The Path to Wisdom

@marcuscake WisdomNetworks.imCC BY-NC-SA 3.0

Information Age ends with centralised stagnation

We can evolve to the next stage ...

by implementing Wisdom Networks

to focus the wisdom and effort of the community

Open platforms

Proprietarysolutions

ContributionConsumption

18% 55%+Very Low Potentialoutput

High Potentialoutput

Can we recover the life we have lost in the Information Age?

"Where is the Life we have lost in living? Where is the wisdom we have lost in knowledge?

Where is the knowledge we have lost in information?" T.S. Elliott

Economic development■ Survival: Humanity has a 50% chance of surviving beyond 2100. Is this a result of community or individual decisions?■ Illiteracy and numeracy at unacceptable levels throughout the developing and developed world■ Insolvent governments: Government borrowing 15% of GDP every year or printing money to maintain asset prices,

1% growth and avoid adjustments to previous system failures■ Costly and unnecessary wars that result from incorrect information■ Insolvency at every level in every country: Spending more than you earn and leverage at high asset prices has

resulted in insolvency at every level (personal, retirement, local government, health, state and national).

Financial markets● Bad investments: bundling bad mortgages and rating them as AAA securities● Insolvent financial institutions: A bank lending 5 times more than the average at housing prices twice the long term

average ... the inevitability of insolvent banks

Economy● Excessive risk in balance sheets: companies over-geared (debt to equity greater than 5-10)● Boom and bust cycles: A business cycle of boom and bust, financial crisis and wide swings in asset prices● Declining productivity: growth in productivity has stalled. Wisdom Networks can provide improve productivity.

Health● 1 in 6 patients are poisoned, maimed or killed by the Western health care system

Organisations, industries and countries choose their pathway to the future ... "trapped transition" (by default) or "Punctuated reform"

Punctuated reform(productivity, growth)

"When stresses rise, and a crisis emerges, some actors exhibit relevant forms of resilience that enable them to

adapt and reform. "1

"Financial, social, political or technological capitalencourage early action and result in effective

change/reform."1

Trapped transition(drift, decline, collapse)

"Others, however, struggle until the crisis escalates to a level that enforces either dramatic and painful restructuring or collapse."1

"Financial, social, political or technological capacityprove inadequate to withstand stresses. Behaviouralresponses delay change, causing conditions to worsenuntil ultimately a reset is forced or a collapse occurs."1

Source: 1 Shell News Lens Scenarios (is.gd/newlens)@marcuscake WisdomNetworks.im CC BY-NC-SA 3.0

Declining or negative productivity is the world's largest problem ...incremental investment in the status quo suffers diminishing returns

Productivity is the world's greatest problem!Global productivity declined to 1.8% last year. Stalled or declining productivity is a long term trend.

Overcoming declining productivityWhat innovation could possibly induce so fabulous a speedup in economic growth? It is easier to say what could not. Because of diminishing returns, no change that improved just one small sector of the economy could do the trick.

Insanity of investing in the status quoDue to diminshing returns, incremental investment in information or management technology will not increase productivity.

Insanity: doing the same thing over and over again and expecting

different results. - Albert Einstein

General purpose technology drives most economic growth.First generation uses it within the status quo.

The second generation reshapes the status quo.We can't afford to wait 30 years for the next generation

to use the internet to reshape society

Erik Brynjolfsson: The key to growth? Race with the machines, TED, February 2013

"Let's start this story when 120 years ago American factories started to electrify their operations igniting the second industrial revolution. The amazing thing is that productivity had not increased in those factories for 30 years. 30 years! That's long enough for a generation of managers to retire."

"You see the first wave of managers simply replaced their steam engines with electric motors, but they didn't redesign the factories to take advantage of electricity's flexibility. It fell to the next generation to invent new work processes and then productivity soared often doubling or even tripling in those factories. Electricity is an example of a general purpose technology like the steam engine before it."

"General purpose technologies drive most economic growth because they unleash cascades of complementary innovations like light bulbs and factory redesign." - Erik Brynjolfsson 1

The internet is a general purpose technology.

First generation sped up information structures

The first generation has used it speed up the status quo ... 100 year old information hierarchies. They haven't used it to take advantage of the internet's flexibility.

Second generation reshapes

The second generation will use it to reshape the hierarchy to take advantage of the internet. Wisdom Networks crowd create the Network Society and deliver a rapid jump in productivity and growth.

Repeating the innovations of the last 50 years deliver 1.8%

If we match the pace of Information Age innovation over the last 50 years, we can not achieve a GDP growth rate of greater than 1.8%. We are unlikely to achieve 1.8% GDP growth.

Only restructuring human time and attention can deliver the radical jump in productivity and growth

Only restructuring human time and attentionOnly human time and attention is all pervasive. Only the restructure of human time can deliver a jump in productivity and growth

Wisdom Networks restructure human time and attentionWisdom Networks:

● provide a more efficient means of person to person communication ... and exponentially more efficient means to share knowledge and focus wisdom and effort in real-time

● deliver transparency, meritocracy, liquidity, and accessibility to any community

● you only need one across the world to run multiple communities ... Facebook organises 500m+

Technological Singularity

"Singularity is the point at which “all the change in the last million years will be superseded by the change in the next five minutes.” Kevin Kelly,Wired Magazine

“… a future period during which the pace of technological change will be so rapid, its impact so deep, that human life will be irreversibly transformed. Although neither utopian nor dystopian, this epoch will transform the concepts that we rely on to give meaning to our lives, from our business models to the cycle of human life, including death itself.” – Ray Kurzweil

"The technological singularity is the theoretical emergence of superintelligence through technological means." – Wikipedia

Information technology

CountriesHierarchy

INFORMATION AGE

NetworkSociety

WisdomNetworks

WisdomBooks

WISDOM

We have a choice ... crisis or collapse by default ... upgrade to wisdom networks and usher in a new era of prosperity

NetworkSociety

Information technology

CountriesHierarchy

WE NEED TO MOVE FROM THE INFORMATION AGE

WisdomNetworks

WisdomBooks

CRISISSub-optimal health outcomes, financial crisis,

society reduced to wealth transfers

WISDOM

Only restructuring human time and attention can deliver a radical jump in productivity and growth to

improve outcomes

COLLAPSE

Wisdom Networks could double, triple or quadruple productivity of every employee by restructuring human time and attention...

sources include reclaiming travel time, reclaiming identified wasted time, reclaiming unproductive work time and gamification

People acknowledge they waste at least 18% of their worktime... as below

72% of work time is unproductive

Of their day, people spend 44% at work, 17% leisure and 8% on travel

Only 28% of work time is productive

Source: Ernst and Young Australian Productivity Pulse: Wave 1 (October 2011) and Wave 2 (May 2012) - is.gd/autime

Reclaiming half of travel time increases productivity by 10%

Reclaiming acknowledged wasted time increases productivity a

further 20%

Restructuring 30%, 60%, 90% of unproductive work time lifts productivity

by 100%, 200% and 300% respectively

up to 72% of work time is unproductive

WISDOM NETWORKS

Abundance - rapid jump in productivity, growth,

wealth creation

INFORMATION AGE

Exhaustion - no productivity, no growth, zero sum game,

wealth transfers

UPGRADE

OPAQUE TRANSPARENT

Wisdom NetworksA cloud of things, books, communities, process and

outcomes distributed among people

Web 4.0 Integration(read, write, execute, link)

After a long wait, all the pieces have finally come together ... let's get started ... we can accelerate evolution

Time

Web 3.0 Collaboration(read, write, execute)

Web 1.0 Distribution (read)

Web 2.0 Participation

(read, write)

Community connectedThe community needs to be connected ... society crowd created connectivity (ie the internet)

Information available by URLThe community crowd created information (ie the World Wide Web)

Connections need to be richAll types of information needs to be exchanged between participants

SpeedFast enough to allow real-time person to person communication

SoftwareSociety has crowd created open source software

Content Management SystemWe need a highly sophisticated generic system to manage community content ... let's not reinvent the wheel

"Wisdom of Crowds"Our system needs to focus the effort and wisdom of the community on outcomes... a Wisdom Management System (WMS) does that for us

Motivation: CrisisChange only occurs when people are pushed from the old AND pulled toward the new. We have a many crisis including productivity, GDP growth caps and others that reveal failures of "Information Age" structures

Wisdom Networks

Devices

FamilyIndividual

Organisation

Democracy

Innovation

EducationEquity Market

Health

Economic development

Knowledge(Books timeline & Maps)

Wisdom Networks make use of Internet of Everything (IoE)a cloud of things, books, communities, process and outcomes distributed among people

The second generation uses the flexibility of the internet to restructure human time and

attention to deliver a rapid jump in productivity and growth

Society currently distributes multiple copies of "things" amongst people ... wisdom

networks bring the people to one "thing"

How we connect?

Every community is reduced to 6 types of "Things" which are tagged, linked ,and

shared to create "Books" which consumers push through a process to

achieve outcomes

DATA1. Available (or Open)2. Structured3. Non-proprietary format4. URL’s

INFORMATION5. Privacy and security6. Tag7. Share

COMMUNITY8. Accessibility9. Adoption10. Gamification

COLLABORATION11. Accountable and accurate12. Workflows push to completion13. Meritocracy

KNOWLEDGE14. Link15. Peer to Peer16. Transparent

WISDOM17. Interoperable18. Priorities19. Outcomes20. Prosperity

Wisdom Networks drive a 6 stage Process to assemble information, reveal knowledge, and organise action toward outcomes

"Wisdom is a deep understanding and realization of people, things, events or situations, resulting in the ability to apply perceptions, judgements and actions in keeping with this understanding ....

Wisdom is also the comprehension of what is true or right coupled with optimum judgment as to action.” - Wikipedia

Wisdom Networks are exponentially better than hierarchiesWisdom Networks deliver transparency, meritocracy, accessibility, efficiency, outcomes

Hierarchy - more process, less outcomes

Hierarchies do not scale well. They can't get the best, or save us from the worst, of all individuals all the time.

The more people that are added to hierarchies ... the less efficient and effective they become. Larger results in more process and less outcomes.

The law of diminishing returns means we need to reshape the status quo.

Hierarchies duplicate many things and effort in organisations, local communities, industry, nations and across the world.

Executives(execute tasks)

Managers(review and focus)

Directors (define outcomes)

Information Age(organise)

Wisdom Networks - one process, more outcomes

Wisdom networks organise ... so people don't have to.

Everyone focuses on "things", "books" and outcomes

One uniform six stage process covering multiple communities

No duplication - one "thing" used across all communities

One wisdom network can manage multiple communities of any size

Information Age organisers become Managers or Executives

The people decide how wisdom is focussed on things and books in real-time Wisdom Networks embody how we like to play together and achieve better outcomes from our work and contribution

People, books and things are distributed across information and wisdom networks that becomes a collective intelligence.

Wisdom networks link little data at their source into Wisdom Books with the creators permission in real-time.

Information age structures that aggregate big data off information into an opaque silo become redundant. People that previously organised information now contribute wisdom to things and books.

Community recognises the quantity and quality of contribution with points and status. Community contribution becomes a real time game.

Community already spends most of their free time social networking and playing. Wisdom networks are how people want to work and contribute.

No information Age structure could ever compare with the real-time, costless and effectiveness of a wisdom network.

People earn points and status by contributing to Network Society and each other

National Wisdom Networksmanages many communities

Wisdom Pathway is the interface/menuThe interface/menu is about achieving wisdom.

Each community consists of 6 types of common) "Things"

● Data● Information● Community● Collaboration● Knowledge● Wisdom

Multiple communities in one web applicationThe "Things" for each Community are displayed in a tabbed interface:

■ Equity Market■ Health■ Governance■ Financial market■ Individual■ Economic Development■ Organisation (Management)■ Other: Oil, Resources, Water Food, Climate

change, drug research

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Many countries (and organisations) have declining and negative productivity

Wisdom Networks could jump start productivity, growth and prosperity.

A National Wisdom Network (NWN) could create a Network Society and be a platform to integrate with the global community

Wisdom Networks link communities across communities to provide a regional or global network

Global integration( community, industry)Integration

(regional, industry, national)Individual Wisdom Networks (country, industry, organisation)

Wisdom Books are a comprehensive and efficient means of person to person

communication

replacing fragmented, opaque and incomplete information technology

Books provide people with knowledge about "Things", and tools to pursue outcomes

Book shows the "Links"

Each "Thing" appears in a list

All Books have the same structure ... only the "Things" change and the way they are grouped in each book ...

chapters?

All "books" manage all six stages/elements for that subject within the community. This includes:

● Data: linking to data at source● Information: sharing and tagging information● Community: keeping the community informed● Collaboration: organising collaboration (bookings,

events, meetings, tasks etc)● Knowledge: revealing knowledge in one place for review

- knowledge now has an address● Wisdom: revealing knowledge, organising collaboration

and taking action toward outcomes

Wisdom Books reveal Knowledge and focus Wisdom about any "thing", anywhere, anytime to anyone

an evolution of different technologies that linked and distributed "things"

Stone tablet(single page of

information storage)

Bamboo book(binding of thin pages increases capacity)

The Wisdom book is a set of internet pages or "things"(data, information, community, collaboration, knowledge, wisdom) linked together in the cloud.

The Wisdom Book is a virtual counterpart to things in the physical world.

CaptureStorage

Transmission

Digitisation

Web site

Wisdom Books

GlobalDistribution

Rapid results for consumersA consumer can create, link/share a "thing" or "book" in less than a minute!

Rapid Network CommunitiesNew "things" and "books" can be added to a Wisdom Network in less than 2 hours ... communities can be defined rapidly!

Doctor(Book)"Things" include profile,

availability, services, ratings, references

Insurer(Book)"Things" include profile, products,

services

Plumber(Book)"Things" include ratings, availability,

references, services

Mechanic(Book)"Things" include location, services,

products, availability

Hairdresser(Book)"Things" include products, services, calendar or availability, discussions

Tax(Book)Consumers tax "things"

Consumers share & link "books" with others to share knowledge and focus the wisdom and effort of the community on outcomes ... in real-time!

Lawyer(Book)"Things" include profile, availability,

references, ratings, articles

Accountant(Book)A"Things" include profile, services,

availability

Patient(Book)The patient's

health "things" Claim(Book)Consumers organises all

"things" relating to an insurance claim

Hospital(Book)Hospital "things" include profile,

doctors, services, availability

Wisdom featuressearch by tag, sharing, linking, discuss, tasks, events, timeline, etc

WISDOM

Car(Book)"Things" include service

history, expenses, photos,

Insured(Book)"Things" include assets, people,

car

RegisterBookStatutory registers, contracts

and governance "things"

FREE(directory model of pricing ...

consumer free, business pays to interact with consumer)

IndividualBookProfile, diary

Student(Book)Consumers organises

education "things"

Teacher(Book)"Things" include profile,

availability, courses, ratings, assignments, exams, timetable

School(Book)Education "things"

University(Book)Education "things"

Every "book" is focused on outcomes ... you can assemble how things come together in the future to achieve them

less human focus and attention is directed to process

Each Book defines outcomes "Things" appear in a timeline

You can assemble and see how "things" (information, community, collaboration, knowledge, wisdom) come together

● Past: Audit trail ( list of past "things") for accountability

● Present: organise everything today and let it unfold tomorrow

● Future: Project plan (a list of future "things") to focus or schedule future community effort

Meritocracy

Transparency encourages accountability

Collective knowledge achieves meritocracy

National Wisdom Network

Enables the Network Society... ...an upgrade from the Information Age

People use "Books" to share knowledge and focus wisdom in each of their communities

PatientBookMy health record DoctorBook

Doctor writes me a prescription

GOVERNANCE

DEMOCRACY

DoctorBook(What new "things" have happened to my patients)

PharmacistBookmy new prescription appears in Pharmacist dashboard in real-time. Pharmacist arranges delivery

HospitalBook(reviews information about hospital, book a procedure

CitizenBook(all my government interactions, drivers license) PoliticianBook

(review politicians policies, comment on his health policy, complain about progress on community centre)

BureaucratBook(review bureaucrats projects and progress on construction of local community centre)

MechanicBookCheck reviews, book car in for service, specify tasks

CarBookMileage, service reports, real-time data - shared with mechanic

RestaurantBook(read reviews, check availability make bookings)

BoardBookparticipates in virtual board meetings, review minutes, information, discussion, questions, online poll

ShareholderBook (review annual reports. complete proxy form, RSVP to meeting invitation, online poll?)

CourseBook meetings (tutorials), lectures (event management), assignments, exams

InsuredBookMy insurance policies

ClaimBook(assemble insurance claim online - shared with assessor)

InsurerBookProduct information, book meetings, complete forms online

John Smith PatientBook(review his xray shared by radiologist, start discussion, set task for John to have a more detailed XRay, "Referral" for 2nd XRay added to PatientBook

StudentBookprofile, assignments

HEALTH (PERSONAL)

WORK

FINANCIAL MARKET

EDUCATION

ManagerBookManage Executives

TeacherBookprofile, courses

ProductBookMy insurance, equity and debt

OrganisationBookMy workplace

GovernmentBookall my government interactions, drivers license, tax

FederalBookAll Federal Govt "Things"

StateBookAll State Govt "Things"

LocalBookAll Local Govt "Things"

SchoolBook(profile, current courses

DirectorBookDirect managers

ExecutiveBookExecute job

My Books provide real-time messaging, participation and contribution in my

communities

GOVERNMENT

CONSUMER

HEALTH (DELIVERY)

AcountantBookTasks assigned to accountant, availability, check reviews

LawyerBookTasks assigned to lawyer,availability, check reviews

PropertySaleBook(read profile, review video, check availability make bookings)

RentalPropertyBook(read profile, review video, check availability make bookings)

UniversityBook(profile, current courses

VentureBook (a list of ventures for assessment, due diligence, completion or monitoring)

M&ABook (a list of M&A opportunities for assessment, due diligence, completion or monitoring)

InvestmentBook (a list of investments across multiple asset classes ... includes many OrganisationBook and ProductBook.

ProductBook (details of a product, its attributes and "things" (organisation, compliance, events) linked to it

National Wisdom Network unites People in the Cloud and reinvents how they participate within all the communities

● Society has built the foundation for wisdom: Society has crowd created connectivity (internet), information (world wide web) and software (open source software communities). The NWN builds on the shoulders of these giants and crowd creates wisdom (knowledge and action focused on outcomes) in a peer to peer platform.

● Empowers the individual with wisdom: delivers the wisdom of crowds to the individual and overcomes the inherent problems with opaque, isolated information.

● Making communities simple: reduces complex communities to six types of "things", "books" which display knowledge and a few simple collaborative actions.

● Achieve Technological Singularity: a collective intelligence of cloud based crowds, "things", "books" and communities.

● Transparency: better accountability and meritocracy is achieved when everyone can see every "thing", everywhere

● Quick: it can be delivered in a day, customised, launched within 60 - 180 days at 20% of the cost of proprietary ICT

● Accessibility: every individual and community can leverage collective wisdom in any community

● Global: organise the 2 billion people connected to the internet● "Over the top" (OTT) final solution: Wisdom Networks come "Over

the Top" and integrate people, technology and information in the cloud.● Solves the underlying problem that plagues all communities: The

underlying problem is that information is isolated, communities are opaque and deriving profit from information discourages the inevitable and necessary shift to transparency, access and meritocracy.

● One wisdom platform today, displaces thousands of information investments in the future

Wisdom Networks are an Over the Top (OTT) disruptive platform integrating technology, people and information

"The invasion of over-the-top (OTT) services has begun. It is time for telecommunication operators to prepare their positions and choose their weapons to win the battles for mobile voice, messaging, media, and cloud services.

We believe telecom operators will be best prepared to meet those challenges if they take the following steps:1. Choose your battlefields.2. Redefine value propositions and business models. 3. Create new platforms and approaches. 4. Rethink organizational approaches. 5. Remain flexible and ready to adjust. There cannot be one OTT strategy. Indeed, each battleground—voice, messaging, media, and cloud—will demand a different strategy and a different combination of offensive and defensive tactics. Some battles will be won, some lost. But overall, we believe that telecom operators, with their consumer insights and inherent ability to deliver breakthrough customer experiences, are uniquely positioned to win this war."

Winning the OTT War: Strategies for sustainable growth,AT Kearney, September 2012

Is this the OTT Platform strategy to rule them all?:1. Chooses a "Wisdom" battlefield, not information or community

2. Offers an integrated wisdom value proposition to consumers, industry and society and aggregates OTT point solutions. Consumers can choose to use other point solutions (ie GDocs for collaboration or DropBox for file storage). The NWN's Single Sign-on or Open-ID may be important.

3. Pioneers a single platform (or ONE OTT STRATEGY) that leverages and integrates third party investments in community and information point solutions.

4. provides a peer to peer structure to organisations and industry in a Network Society

5. Is adaptable, flexible and leverages the collective innovation of open source software community

Networks

Mobile voice Messaging Media Cloud

GDocs

DropBoxSkypeSugarSync

LinkedIn and other social networks

WhatsApp

AsanaGoogle Hangout

Link to other "Things" by URL

Books MapsTimeline

Individual Organisation Health Equity MarketInnovation Management Government Education

Economic Development Democracy

ProfilesGroups

FormsMediaFiles

WorkflowEventsTasks

Tags Links Sharing Groups

NATIONAL WISDOM NETWORK

Wisdom Networks crowd create the Network Society

HEALTHINDIVIDUAL

GOVERNMENTINDUSTRY

Doctors, nurses and patientsGOVERNANCE

GovernmentDepartment(s)

EQUITY MARKETStockexchanges

ORGANISATION

EDUCATION

Teachers andstudents Politicians

DEMOCRACY

SME's, investorsand advisers

23 May 2013

Wisdom Networks delivers community, country or regional transparency and accessibility

Drill-down to any of the "Books" which make up the community

Personal health(chronic and inactive)

Health community

(industry and research)

Equity Market

Governance

Democracy

Education

Economic Development

Sequ

entia

l (st

artin

g with

grea

test

ben

efit)

National Wisdom Network

Energy, Food, Resources, Climate, Poverty

Laun

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Communities deriving most benefit from NWNNWN Communities deriving most benefit are:

● Health (personal) - doctor, patient, nurse wisdom● Fueling the growth of SME's to drive economic

growth (company, adviser and investor wisdom)● Governance (wisdom shareholder meetings)● Health (research) - researcher, medicine, clinical

trials● Education - teacher, student, books, courses

Global Wisdom Networks● Energy● Resources● Pharmaceuticals● Automotive● Government

Wisdom Networks can be launched to all communities at the same time ... or specific communities can be launched one at a time in the order of most benefit

Network Society

Enables the Network Society... ...an upgrade from the Information Age

Unstructured Network Society emerging anyway ... 35%+ change expected within 2 years

Wisdom Networks make faster, deeper and structured change with greater benefitsDeloitte Digital report"It’s only a matter of time.Virtually every sector can expect to face changes rivalling those of the industrial revolution.Some industries may face extinction, new sectors are being created, and others are being transformed beyond recognition.Eighteen industries are mapped with respect to their vulnerability to disruption from two perspectives: the size of the impact and the imminence of change. (see right)"As these changes will play out over many years, timing of specific changes is hard to predict.

Deloitte Digital

Deloitte forecasts 35%+ change for some industries within 5 years.

The NWN "short fuse, big bang"Wisdom Networks could achieve faster, more comprehensive change and deliver greater benefits within a shorter period.

The National Wisdom Network (NWN) could deliver a "short fuse, big bang" (high impact within 2 years) across all industries and achieve "technological singularity" for society with one cloud based application.

Source: Taking Leadership in a Digital Economy, Deloitte Digital and Telstra, November 2012

The NWN unites people in the cloud and reinvents how they live and work within all the communities within which they participate.

Crowd create wisdomSociety has crowd created connectivity (internet), information (world wide web) and software (open source software communities). Wisdom Networks builds on the shoulders of these giants and crowd creates wisdom (knowledge and action focused on outcomes).

NWN brings wisdom to individuals in every communityNWN moves beyond the Information Age and organises the wisdom of crowds to transform health, equity market, education, democracy and other fields of human endeavour. Many current problems don’t need to be solved, because they can be eliminated by solving the underlying problem.

Overcome the information problemThe underlying problem is that information is isolated, communities are opaque and deriving profit from information discourages the inevitable and necessary shift to transparency, access and a prevailing meritocracy which is the environment in which wisdom can be achieved.

Wisdom Books achieve comprehensive, efficient person to person communicationWisdom Books reveal knowledge and focus wisdom about any "thing", anywhere, anytime to anyone and achieve comprehensive and efficient person to person communication ... they upgrade fragmented, opaque and incomplete person to person information technology at the heart of our information society

Wisdoms Network enables the Network Society and accelerates Economic developmentThe NWN could deliver a "short fuse, big bang" (high impact within 2 years) across all industries and achieve "technological singularity" for a society with one web application. It could be launched within 90-180 days depending on requirements.

National Wisdom Networks (NWN) crowd create a Network Society in 2 years

National Wisdom Networks organises Wisdom knowledge + collaboration focused on outcomes for individuals & organisations across many communities

● Human time and attention are the most productive elements in today's economy: Only a change in systems will result in productivity and growth improvements.

● Network Society could deliver the next radical jump in productivity and growth by focusing human time and attention on outcomes. Wisdom Networks places transparency, productivity, growth, efficiency and transparency at the fingertips of every individual in every community.

● Information technology and hierarchical structures suffer diminishing returns. Debt has been used to maintain standards of living while productivity has been stagnant. The problem of stagnating productivity is unresolved.

● Patient focused Healthcare: focus collective wisdom of care providers on patients in real-time.

● Better Management: a more efficient peer to peer organisation structure● Transparent and accessible equity market fuels the growth of SME's and

supports entrepreneurs: The NWN crowd creates a global, transparent and accessible equity market which focus wisdom on capital allocation, governance and innovation.

● Tailored, real-time collective education for each and every student: students receive real-time attention of the crowd

● Real-time governance: virtual director meetings and virtual shareholder meetings increase the focus on outcomes, rather than process.

● Faster, better outcomes: The NWN achieves better society outcomes faster at <20% of the cost.

● Real-time Democracy: offers the possibility of real-time citizen participation in government

Society6(uses integrated 6 Technology platform)

Society2(uses 2 fragmented technologies)

data + information

Network Society

Individuals, their "Things", "Books" and communitiesare at the heart of a Network Society

Software defines community● Facebook serves 900m. It is bigger that nearly all countries. It

defines a community in social terms.● Software, connections define communities. We can use software to

define society, and each community within it.● A single web application could coordinate all aspects of society.

Network Society delivers technological singularity

● The platform that organises a Network Society is a National Wisdom Network (NWN).

● A National Wisdom Network is a simple structure that delivers "technological singularity" for a society.

● The web platform defines a society as a collection of "things" linked in "books" grouped in communities spanning across countries.

● "Books" are the means for one individual to communicate and collaborate with others about any "thing" or group of "Things".

● Wisdom Networks bring the wisdom of crowds to every one, every"thing", every "book" and every community.

● "Things" and "Books" weave their way into lives and society by linking "virtual reality" and "physical virtuality"

● Collective Intelligence is distributed amongst individuals through Wisdom Books.

● Wisdom Networks dramatically improves the productivity of labour with information and collaboration at everyone's finger tips.

Wikipedia defines Network Society as follows:

"The network society is a social structure based on networks operated by information and communication technologies based on microelectronics and digital computer networks that generate, process and distribute information via the nodes of the networks. The network society can be defined as a social formation with an infrastructure of social and media networks enabling its prime mode of organization at all levels (individual, group, organizational and societal) ... the individual linked by networks is becoming the basic unit of the network society.

Technological Singularity has many definitions, but all agree the outcomes are exponential:

The technological singularity is the theoretical emergence of superintelligence through technological means. - Wikipedia

“… a future period during which the pace of technological change will be so rapid, its impact so deep, that human life will be irreversibly transformed. Although neither utopian nor dystopian, this epoch will transform the concepts that we rely on to give meaning to our lives, from our business models to the cycle of human life, including death itself.” - Ray Kurzweil

Singularity is the point at which “all the change in the last million years will be superseded by the change in the next five minutes.” Kevin Kelly,Wired Magazine

Europe has declining and negative productivity ...

A European Wisdom Network could jump start productivity, growth and prosperity

Wisdom Networks enable the Network Society...an upgrade from the Information Age

Focus Human time and attention

Wisdom Networks

Transparency

Accessibility

Meritocracy

Accessibility

Productivity

Growth

Outcomes

Life

Society6

Efficiency

Technological Singularity

Society2

Health Wisdom

Each community within a Network Society has different "things" and "books"The screen below defines all “Things” in the health community.

The NWN reduces complex communities to 6 types of "Things" and a few simple interactions in a peer to peer network. The few simple interactions are create, link, share, tag and collaborate. This means one cloud service can bring significant change to all communities or industries at the same time.

A “Book” shows how “Things” are linked. Each community is just a combination on “things” and “books”, but rely on the same simple interactions. It is this innovation that mean all industries can be served by one wisdom network.

TeleHealth thrives in the "Internet of Everything" ... Do we get further exponential benefits if we upgrade "Information Telehealth" to "Wisdom Telehealth"?

What is telehealth?“Telehealth is the delivery of health-related services using telecommunications and related technologies in the support of patient care, health education, and administrative activities.” Although there has been a lot of talk and excitement about the potential of Telehealth for more than twenty years, it’s time has truly come. This is made possible by the technological developments mentioned above but also by the urgent need to contain costs spiralling out of control. The cost factor is what creates the political will to embrace this concept.

Telehealth results in dramatic outcomes in health outcomesThe Whole Systems Demonstrator (WSD) programme was established by the Department of Health (DH) [in the UK] to evaluate how the use of telecare and telehealth technologies can support people with long-term health and care needs to live independently.” The results of telehealth for patients with long term health and care needs, as found by the WSD trial, in the UK were:

● 45% reduction in mortality rates● 15% reduction in A&E visits● 20% reduction in emergency admissions● 14% reduction in elective admissions● 14% reduction in bed days● 8% reduction in tariff costs● These results will also translate in savings of £1.9 Billion over the next 5 years

The inclusion of remote biosensing through the wireless network will improve health outcomes by orders of magnitude and will do away with the need to develop old world infrastructures.

Telehealth - Information or Wisdom?Current views of Telehealth are based on expensive information integration ... what would the cost/benefit be if individuals at the point of health care service delivery were empowered with Wisdom Books?

Devices● Real time biosensing data (blood pressure,

heart rate, temperature and other functions as the technology becomes available)

● Real time compliance (alerts for non-compliance. Take your medicine alerts!appointments)

● Data in PatientBook for review by carer, doctors and nurses in real-time

DoctorBookDoctor accesses patient data in real time

They upload and link a health “thing” (prescription, patient plan, etc) to the patient’s “PatientBook” ... It is

shared with all other caregivers instantly

InsurerBookHealth Insurance provider can save costs through better community transparency

compliance and simpler standard processes

HospitalBookHospitalBook shows all “Things” linked to a hospital including PatientBooks (ie medical

records), and hundreds of other health “Things”

PharmacistBookPharmacists’ notified of doctors new prescription when added by doctor.

Prescription ready when patient arrives.

Governance and Management(DirectorBook, ManagerBook, ExecutiveBook)

Directors direct the health system Managers manage (review and approve) and Executives execute. Health services may save millions with a peer to peer management structure with

each person responsible for certain “things”

PatientBookPatient Medical Record is a collection of

“Things” contributed by patient’s care network

DevicesData

Forms

PatientBook

Industry

Government

Home

Organisations

Knowledge

Wisdom

Collaboration

Each community is a peer-to-peer network of "Things" and "Books" that organise themHealth example below

ProviderBookCare Providers (relatives, nurses and other carers) can participate and contribute to the

care of anyone

Insurer

"things" are created, tagged and linked in a minute and appear in the necessary books instantly ... community has real-time knowledge, action and wisdomAdd a "thing" to a book in less than a minute ... for everyone to see and take action in real-time

PatientAll "things" linked to a patient

Pharmacist

Carer"Things" linked to a carer

DoctorAll "things" linked to a Doctor

Radiologist

Device (data)

Prescription

Patient plan

Claim

X-Ray

KNOWLEDGEWISDOM

THING

Doctor sees all content of Patient(Book)

Course

Association

BOOK

Research

Medicine

Clinical Trial

Carers cansee and (if necessary) control PatientBook

Prescription delivered to pharmacist instantly

KEY

Referral

Patients can check availability and book meetings instantly

Journal

Every "book" could have a complementary device

including health, car, tracking ... healthcare devices worth $23b by 2017

● By 2016, wearable smart electronics in shoes, tattoos and accessories will emerge as a $10 billion industry.

“The majority of revenue from wearable smart electronics over the next four years will come from athletic shoes and fitness tracking, communications devices for the ear, and automatic insulin delivery for diabetics. Wearable smart electronics, such as fitness trackers, often come with data analysis applications or services that create useful insights for the wearer. Applications and services will create new value for consumers, especially when combined with personal preferences, location, biosensing and social information. CIOs must evaluate how the data from wearable electronics can be used to improve worker productivity, asset tracking and workflow. Wearable electronics will also provide more-detailed information to retailers for targeting advertisements and promotions.”

● “According to PricewaterhouseCoopers, the worldwide market for mobile communications and devices used in healthcare will reach about $23 billion by 2017, up from $4.5 billion forecast for next year.”

● Remote biosensing of patients will result in significant savings, particularly in developing countries

Amiigo bracelet ($99)

Amiigo Fitness Bracelet features● Heart rate● Activity/calories● recognises 100 types of activities● Oxygen levels● Temperature

Due for delivery to crowdsource customers by July 2013

What features do we add to create a Telehealth bracelet?● Panic button● GPS● Mobile internet access (real-time reporting)● Alert others in the event rules or thresholds are breached

Economic Development Wisdom

Wealth creation

Declining or negative productivity means lower standards of living

Society has been reduced to a zero sum game and wealth transfers

Only wisdom networks provide a rapid jump in productivity and growth ... by restructuring human time and attention

Wisdom Networks return society to productivity, growth and wealth creation

How can we create wealth to increase living standards and sustain society?

Macroeconomic reform

Restructuring human time and attention

Wisdom Networks

Microeconomic reform

Innovation

Investment in the Status quo

Currency depreciation

Taxation & Government expenditure

Debt

Subsidies and Bailouts

Spending more than you earn

Printing money & monetary policy

...

Wealth transfers

Only wisdom networks provide a rapid jump in productivity, growth and wealth to sustain society ... other wealth creation tools are ineffective!

National Wisdom Networks deliver National benefitsPRODUCTIVITY!, Efficiency, Transparency, Accessibility and growth for everyone, everywhere

Community

Organisation

Family

Individual

HealthEducationFinance

SOCIAL

National

Local

International

State

Government

POLITICAL

INDUSTRIAL

"Economic development is the development of economic wealth of countries or regions for the well-being of their inhabitants."

"Public policy generally aims at continuous and sustained economic growth and expansion of national economies so that ‘developing countries’ become ‘developed countries’."

Economic Development 4.0● Economic Development 4.0 is the widespread use of Wisdom Networks

by social, industrial and political endeavours to deliver global transparency, meritocracy, accessibility and productivity.

● One Wisdom Network can serve many communities within a society. They are achieve much more at 90% less cost.

○ Multi-sector: endeavours include democracy, health, financial markets, education, processes of innovation and entrepreneurship.

○ Multi-level: local, state, national and global○ Multi-community types: individual, family, organisation,

community, society

Platform● provides an online person to person structure for every community in

every country and reduces the chaos by increasing the proportion of information which has a structure from between 1 and 35% to more than 80%.

● Significant improvements in productivity of people by placing information, collaboration and organisation at everyone's fingertips. This could lift stagnant productivity in some economies, countries and organisations.Technology delivers diminishing returns. A structural change is required to deliver returns.

● One platform today displaces thousands of point solutions in the future.

Greater benefits for developing countries● Developing countries bypass expenditure on information technology within

the organisation and move straight to wisdom networks that connect the community in a peer to peer structure.

Equity Market 4.0international finance

Health 3.0national health

Democracy 3.0National governance

UNITEDInternational governance

Education 4.0 international education

Personal health(chronic and inactive)

Health community

(industry and research)

Equity Market

Governance

Democracy

Education

Economic Development

Sequ

entia

l (st

artin

g with

grea

test

ben

efit)

National Wisdom Network

Energy, Food, Resources, Climate, Poverty

Laun

ch a

ll ne

twor

ks a

t onc

e

Wisdom Networks can be launched to all communities at the same time ... or specific communities can be launched one at a time in the order of most benefit

Communities deriving most benefit from NWNNWN Communities deriving most benefit are:

● Health (personal) - doctor, patient, nurse wisdom● Fueling the growth of SME's to drive economic

growth (company, adviser and investor wisdom)● Governance (wisdom shareholder meetings)● Health (research) - researcher, medicine, clinical

trials● Education - teacher, student, books, courses

Global Wisdom Networks● Energy● Resources● Pharmaceuticals● Automotive● Government

Equity MarketWisdom

Equity Market 4.0 creates a global capital market by sharing "things" and "books" between countries

Largecompanies

(Blue chips)

SME’s(Green chips)

Ventures

Early stage innovation

Applications + Workflow

CollaborationContent management

Prices

DEEPENS:Capital and service delivery to lower tiers from large companies to SME’s

EXPANDS: more features and functionality

Specialist financial centres

Top 5 Financial Markets

Developing countries

Major financial markets

INTEGRATES: a global market

with transparency

Benefits■ Global■ Liquidity■ Meritocracy■ Transparency■ Accessibility:■ Productivity■ Utilisation of people increases■ Global labour market■ Global capital market■ Improved capital allocation

Engineering & Inspiration

ADVISERScan contribute to any and all "Books" from anywhere

Organisation(Book)"Things" include profile, availability,

services, ratings, references

Form(Book)Collective form preparation, execution and lodgement Shareholder(Book)

"Things" to share with shareholders and collaborate

Companies, advisers and investors share knowledge and focus wisdom through wisdom books

Books encompass entire market include innovation, SME's, public companies and large corporations

Lawyer(Book)Accountant(Book)

EGM(Book)

Investment(Book)All "things" relating to an

investment

IPO(Book)"things" lined to a hospital

AGM(Book)"Event management and shareholder

communication

M&A(Book)All "Things" linked to a sale or

purchase of a business

Adviser(Book)

Venture(Book)Consumers organises education "things"

StockExchange(Book)"Things" include buyers and sellers, price and

volume

Contract(Book)

Secretary(Book)"Things" include profile, availability, services,

ratings, references

Investor(Book)"Things" include profile,

availability, services, ratings, references

Board(Book)"Things" ilinked to a Board meeting

Regulator(Book)"Things" include profile, regulations,

lodgement, public registers

Innovation(Book)"Things" linked to an

Innovation

Register(Book)"Things" linked to the Statutory

register

COMPANIES(offer transparency and real-

time governance)

MARKET(created by sharing Wisdom Books)

INVESTORS(transparency and real-time

access to every "thing"

VentureCapitalist(Book)"Things" include profile, availability, services,

ratings, references

GOVERNMENT Law(Book)Law "Things" Regulation(Book)

Regulation "things"

Bureaucrat(Book)Profile and person can gain access to all

other books if linked to this one

Fund(Book)"Things" include profile, availability, services,

ratings, references

Research(Book)

Trustee(Book)

Analyst

"things" are created, tagged and linked in a minute and appear in the necessary books instantly ... equity market becomes real-time knowledge, action and wisdom

Add a "thing" to a book in less than a minute ... for everyone to see and take action in real-time

CompanyAll "things" linked to a company

Regulator"Things" linked to a carer

InvestorAll "things" linked to an investor

IPO

Share Price

Contracts

Announcements

Prospectus

KNOWLEDGEWISDOM

THING

Investors sees all content of Company(Book)

BOOK

KEY

Research

MemberMeetingAll meeting "things"

Forms"Things" linked to a

board meeting

Board"Things" link to board meetings

Venue

Reports

Advisers are given access to Books ... and create "things" in the equity market

Accountant

Director

ShareholderAll "things" relevant to

shareholders

MemberBookAll shareholder "things"

Company Secretary

Manager

A single wisdom network could service the global Equity communityLocal companies transparent to a global market of investors

Collaborative Macroexchange combines the transaction capability of a stock exchange with a wisdom (knowledge and collaboration) network to achieve greater levels of transparency, liquidity governance and accessibility for innovation, ventures, SME's and large corporates.

Features added to a stock exchange include:● Person to person network structure that resembles social networks,

but with an industrial purpose● Directories (CompanyBook, AdviserBook, InvestorBook)

○ tag based search finds participants in minutes○ self published○ CompanyBook

● Information distribution○ publish hundreds of different types of information

● Governance○ BoardBook: virtual director meetings○ Memberbook: shareholder meetings (event management

and information distribution)○ RegisterBook: online statutory record keeping○ RegisterBook: virtual company and other statutory registers

● Forms○ FormsBook: preparation, document execution, contracts

● Collaboration● Knowledge management

A Cloud based "Collaborative Macroexchange" could achieve a global equity market with a greater degree of transparency, accountability and meritocracy.

Wisdom Networks delivers a local look in the local language and

regional transparency, accessibility, liquidity and wisdom

Fuelling the rapid growth of SME’s, Ventures and Early stage Innovators

Delivered in 5 days Lightning Strike

Engineering Inspiration1 2 3

Cloud power

Accessibility

EntrepreneursEndorsement to createand inspire adoption

StatesmenEndorsement and aligning government tiers with common objective

MediaPartnership with TV(ie; Dragons Den reaches a community of 3m+ with an nterest in ventures and innovation – Dragons Den 3.0?

GovernmentGovernment departments participate to encourageand regulate

4

Scalability

Adoption

Equity Market 3.0 Customised in30-90 days

Marketing

Break-even

Criticalmass

Transform

Existing community membersIncubatorsVenture Capital AssociationsBusiness AssociationsStock exchangeNon-government organisations

Recruit existing “National”, “Finance” “Community” organisations for inspiration and early adopters

5

Integrate

Share

Link

GovernanceWisdom

BoardBook provides Directors with Information, Collaboration, Knowledge, Wisdomwithin a restricted community

Example

● Our “Boardbooks” knowledge centre is displayed on the right hand side

● It demonstrates many of the features of the platform● Collaboration tools● Linked Content● Task management● Tagging● Revealing Knowledge – all information linked to the “Notice of

Meeting of Directors”● Form preparation

● The BoardBook community are driven through a 6 stage process to achieve wisdom.

Book shows the "Links"

Each "Thing" appears in a list

The "ShareholderBook": a Wisdom view of Shareholder Meetings

The body that probably knows most about annual general meetings, corporate governance and regulation wants the federal government to destroy the AGM as we know it and start afresh with something more closely related to the 21st century than the 19th. If Chartered Secretaries Australia has its way, the tedious ritual and decision making function would be removed from the AGM – no more voting, no more chairmen with proxies in the back pocket making the whole process a dead rubber anyway, no more technical shilly-shallying over motions put and seconded and points of order. The necessary voting functions would be separated from the AGM and handled electronically, freeing the meeting from historical records and process and, potentially, allowing it to become a genuine engagement by directors and senior management with shareholders large and small.

CSA – the professional body representing the nation’s company secretaries - wants the AGM to become more focussed on a company’s future rather that the historical record of the previous financial year. That should re-engage the institutional shareholders and analysts who generally give AGMs a big miss, leaving the floor to a relative handful of retail shareholders and the odd special-interest group with barrows to push and axes to grind.

Read more: http://www.smh.com.au/business/from-the-ashes-a-new-agm-could-arise-20130109-2cfe8.html#ixzz2HQiFmzw1

The "ShareholderBook" performs the following functions:

● preparation of shareholder material by executive team and external parties● distribution of digital information to shareholders● online discussion of information prior to meetings● online polls before, during or after meeting● event management of thousands of people● Opportunities

○ routine financial information can be discussed prior to meeting ○ physical meeting can be devoted to more important matters

FormsBook shows all Forms "Things" at various stages

We can't have Wisdom if we are overwhelmed with forms!

A Wisdom Network also allows:● Preparation of Forms● Save Forms in Word or PDF● Assigning Tasks or organising Workflow● an audit trail of activity● Discussions● The addition of a signature● An audit trail regarding each "Thing" ("Form")● new forms are driven by text templates and be added

simply ... maybe, as simple as saving a Word document in XML format

"The Small Business 'common app' would function much like the one that students complete to apply to multiple colleges and universities simultaneously. It

would ensure that small businesses across the country can concentrate on growing and creating jobs - not

wasting time, filling out mountains of repetitive paperwork." - Kay Hagan

ManagementWisdom

MANUFACTURING

ACCOUNTING

MARKETING

ENGINEERING

CORPORATE

STRATEGY

SALES

OPERATIONS

INNOVATION

DESIGN

SUPPORT

FINANCE

Management 3.0 Wisdom Network: a cloud of "things" and "books" and people with three types of roles to manage an organisation

DIRECTORS

(direct process)MANAGERS(review and approve)

EXECUTIVES(Execute)

WHAT? - HOW? - WHERE? (Management ) - WHY? - WHO?

Public and partner collaborationwithin organisational groups

Organisational contribution withinIndustry, national and international groups

Public/partner

Directors

Managers

Executives

INTEGRATION ACROSS

GLOBAL COMM

UNITIES

ManufacturingSalesMarketingSupport

National

Organisation

International

Industry

SIM

PLE,

UN

IVER

SAL

RO

LES

SOCIAL NETWORKING ACROSS ORGANISATIONAL GROUPS

DesignEngineering

Innovation Finance

And more ...

Wisdom Network provides Structure & IntegrationOrganisation Structure => Community Integration

MANAGEMENT 3.0 = social networking structure+ peer to peer linking reveals knowledge+ comprehensive content management + links into enterprise software data to add wisdom+ People have three purposes within each group+ industry collaboration

Solve labour shortages virtuallyThere is a significant shortage of skilled labour in the first world (33m people) ... this approach could tap the labour pool in the third world. Management 3.0 solves this problem.

If you need some extra people to run your business

● search for them (ie; payroll executive)● read their profile and references● check their availability● check community feedback/ratings● call them on Skype● and then add them to your Network for an

hour, project, day or full-time

DemocracyWisdom

Democracy Wisdom delivers greater transparencyand, maybe, participation and contribution to the process of decision-making

National wealth distribution

Ownership of community knowledgeIntellectual Property

Borrow to consume

InvestmentFinancial

International TradeProtectionism Free markets

Community

Save for the future

Investment in Innovation

Savings

Economic management

Free/Open Source

Individual

International wealth distribution

Collective

Developed

Business

Monetarism

Developing

Private

Keynesian

Attitude CollaborationOpportunism

Democracy is a form of government in which all eligible citizens have an equal say in the decisions that affect their lives. Democracy allows eligible citizens to participate equally—either directly or through elected representatives—in the proposal, development, and creation of laws. It encompasses social, economic and cultural conditions that enable the free and equal practice of political self-determination. - Wikipedia

● Web 1.0 limits participation of citizens to a two party vote every 3-4 years.

● Democracy 3.0 presents the opportunity for the people to participate in the democracy in real-time.

Wisdom?Why? Why not?

Wisdom Networks deliver 80% of the outcome at <10% of the cost in 6 months

● Pareto principle - 80% of the outcomes for <20% of the effort or cost○ an 80% outcome deployed quickly within 6 months

○ The pursuit of the additional 20% dramatically increases cost and probability of failure

● Global coverage encompassing all countries○ Each country is simply a "tag" identifying where the "Thing" is

● A Wisdom Network is assembled from open source technology (not built from scratch)○ Large global communities can deliver real-time merit based innovation and services

○ Open source has <25% of the Total Cost of Ownership of Proprietary software

○ Assembling open source faster than coding proprietary and a richer pool of innovation

● "Things" are simply links of data or files direct from their source (or where they were produced)○ By linking direct to source, some of the cost and delays of "Big Data" can be avoided. The Wisdom Network

just indexes, and does not need to produce the "Thing". Other SaaS can produce or modify "Things".

○ Source include: A "personal data store" on a mobile phone, open data from enterprises and SME's○ Avoid some "Big data" costs: Big data will drive US$28 billion of worldwide IT spending in 2012, growing to

US$34 billion in 2013, according to Gartner, Inc. Big Data to create 4.4 million IT jobs globally by 2015● Less hardware, software and communications technology

○ Wisdom Networks only require a handful of technologies○ Web application: Linux Apache MySQL PHP○ Cloud servers: Amazon○ Devices: Tablets and phones (probably Android because of greater power and versatility)○ Internet Browser:○ Communications: Skype and Internet (or TCP/IP)

● 500 "Things" in one place mean less integration cost and complexity from integrating fragmented, incompatible information technology

○ Desktop and most SaaS applications manage a handful of "things" (mainly "information" and "1-2 "collaboration")

General Benefits● Meritocracy● Transparency● Accessibility:● Productivity● Growth● Accountability● Wellbeing● Utilisation increases● global labour market● Global capital market● Global responsibility

Developing countries can go straight to Wisdom Networks

● Developing countries saved billions by installing mobile phone networks and bypassed expensive copper fixed lines.

● Developing countries can save billions again by deploying comprehensive Wisdom Networks, rather than conventional, enterprise information technology and hierarchical management structures

Why Not? Wisdom Networks will set fire to your crops and asphyxiate your children!

Reluctance to change“And typically, vested interests fight against change. People that have an interest in the old ways of working, people that dominate face-to-face meetings and like that a lot, for example—they don’t want to move toward some other kind of platform where it’s more of a meritocracy, rather than a personality thing.” Don Tapscott

Lobbying by industry against wisdom“Dear Mr. President: The canal system of this country is being threatened by a new form of transportation known as ‘railroads’ … As you may well know, Mr. President, ‘railroad’ carriages are pulled at the enormous speed of 15 miles per hour by ‘engines’ which, in addition to endangering life and limb of passengers, roar and snort their way through the countryside, setting fire to crops, scaring the livestock and frightening women and children. The Almighty certainly never intended that people should travel at such breakneck speed." – Martin Van Buren, Governor of New York, 1830.

Fear, uncertainty, doubt“Rail travel at high speed is not possible, because passengers, unable to breathe, would die of asphyxia" – Dr Dionysys Larder (1793-1859), professor of Natural Philosophy and Astronomy, University College London“

We are starting to reconsider existing information Age approaches to privacy and security to enable some Wisdom networks

The patient owns personal information"Personal information becomes legally recognized as yours While there is a push by the White House and others to implement a consumer privacy Bill of Rights that increases consumer privacy, a larger shift is already under way that will radically shift the security and privacy debate. In the future, you may own the data that exists about you or that you create online, rather than it being owned by the companies that collect it (like Amazon.com, Facebook, Google, and Twitter)."

Personal Wisdom Network shares with larger wisdom networks"Personal data stores protect your information—In addition to enabling you to know about and control your own information, data ownership will allow you to protect your information. Data stores will also help us benefit from our own information."

Access to your personal data is a fundamental human right"When you have legal rights over your information, you have more control over how it is collected and used. This view that data about you is property, and that you own it, is gaining momentum, such as in the United Kingdom, the World Economic Forum, and the European Union’s recognition of personal data protection as a fundamental human right."

The Network asks the individual about access to their information in real-time" ... the network itself will play an important role in improving IoE security. Currently, network intelligence is mostly centralized and often resides far away from the “edge” of the Internet. As networks evolve along with IoE, the ability to make intelligent decisions based on data as it enters and flows over the Internet will be more distributed (located where ever it’s needed). With this ability, security threats, for example, could not only be stopped, but also identified and located before any harm is done.

Answering the Two Most-Asked Questions About the Internet of Everything #IoE, Dave Evans , March 18, 2013

Wisdom NetworksHow?

Wisdom Networks - deployed in as little as 90 daysand adopted by a community in less than a year

Wisdom Network template delivered in 5

days

Customised over 90-180 days

Marketing1 2 3

Accessibility

EntrepreneursEndorsement to createand inspire adoption

StatesmenEndorsement and aligning government tiers with common objective

MediaPartnerships

GovernmentGovernment departments participate to encourageand regulate

4

Scalability

Adoption

Customised in30-90 days

Marketing

Break-even

Criticalmass

Transformation

Stakeholders

Recruit existing organisations for inspiration and early adopters

5

Integrate

Share

Link

Cloud power

Wisdom Networks crowd createa Network Society

Contacte: marcus.cake@wisdomnetworks.im

Skype: marcuscakeLinkedIn: au.linkedin.com/in/marcuscake

Focus Human time and attention

Wisdom Networks

Transparency

Accessibility

Meritocracy

Accessibility

Productivity

Growth

Outcomes

Life

Network Society

EfficiencyTechnological Singularity

Wisdom achieves Prosperity

Society Wisdom Equity Market Wisdom Health Wisdom Contacte: mcake@wisdomnetworks.im

Skype: marcuscake@marcuscake

European Wisdom Management Wisdom Wisdom Book Features Industry Value proposition and impact of Internet of

Everything (IoE)

Rollout process (guide)200+ blog articles

Courses / Video trainingMembership

Groups (private)

Wisdom Networks Technology overview

Business Model and Financial forecast Introduction letter:

TelecommunicationsEconomic Development

Europe

Video (3 mins):A demonstration of the

Network Society

ServicesWe would prefer to turnkey a

Wisdom Network for you and get out of your way, but we can ...

TURNKEY PLATFORM / VENTUREEVANGELISM , STRATEGY,

MONETISATION , BUSINESS MODEL(Your) CENTRE OF WISDOM

MAINTENANCE AND SUPPORT

Economic Development 4.0 Equity Market 4.0 Health 3.0 Management 3.0

Resources: Accelerate the "Wisdom of Crowds" (r)evolutionWisdom needs to scale quickly .... an overview of resources available at www.wisdomnetworks.im/resources

Old pre-wisdom "Central Brain" presentations