1 99:59:59,999 --> 99:59:59,999 (OFF) Thanks very much... 2 99:59:59,999 --> 99:59:59,999 (David Price) This is the ........ - shrinking (check) presentation. 3 99:59:59,999 --> 99:59:59,999 It was originally 25 minutes, last night it was 23, 4 99:59:59,999 --> 99:59:59,999 now it's 22. 5 99:59:59,999 --> 99:59:59,999 I've got a 45-minute presentation, I'm just going to speak twice as quickly. 6 99:59:59,999 --> 99:59:59,999 No, I'm only kidding, it's only 20 -- 22 minutes. 7 99:59:59,999 --> 99:59:59,999 And I've got to think of the time to make sure I don't go over. 8 99:59:59,999 --> 99:59:59,999 About four moths ago, I was diagnosed with cancer of the colon. 9 99:59:59,999 --> 99:59:59,999 And what was it? Seven weeks ago, I had the operation 10 99:59:59,999 --> 99:59:59,999 which kind of went OK, got rid of the tumor, 11 99:59:59,999 --> 99:59:59,999 But when the colon got reconnected, it sprung a leak 12 99:59:59,999 --> 99:59:59,999 and I got a thing called sepsis, which I later discovered, 13 99:59:59,999 --> 99:59:59,999 is fatal in 60% of the cases. 14 99:59:59,999 --> 99:59:59,999 What essentially happens with sepsis is 15 99:59:59,999 --> 99:59:59,999 the organs start to pack in, one after the other, so 16 99:59:59,999 --> 99:59:59,999 my heart was fibrillating, I lost -- kidneys stopped working, 17 99:59:59,999 --> 99:59:59,999 lungs stopped working, so they pumped me on a ventilator. 18 99:59:59,999 --> 99:59:59,999 And my wife Claire (check) who is here somewhere 19 99:59:59,999 --> 99:59:59,999 was told to bring the family around, because they didn't expect me 20 99:59:59,999 --> 99:59:59,999 to get through the week-end. 21 99:59:59,999 --> 99:59:59,999 As you can see, I survived, and this is actually the first talk I've given 22 99:59:59,999 --> 99:59:59,999 since I was in intensive care. 23 99:59:59,999 --> 99:59:59,999 I was in intensive care for a week. 24 99:59:59,999 --> 99:59:59,999 So, when a sick -- no, no honest (Applause) 25 99:59:59,999 --> 99:59:59,999 But when I say I'm delighted to be here, I'm not just being polite. 26 99:59:59,999 --> 99:59:59,999 (laughter) 27 99:59:59,999 --> 99:59:59,999 I'm talking existentially rather than conversationally. 28 99:59:59,999 --> 99:59:59,999 But I wanted to start with that story because, in that process of the journey 29 99:59:59,999 --> 99:59:59,999 from diagnosis to operation, I met with some remarkable people: 30 99:59:59,999 --> 99:59:59,999 on forums and ingress (check) groups, but I also visited and interviewed people. 31 99:59:59,999 --> 99:59:59,999 So I interviewed some people in the Netherlands 32 99:59:59,999 --> 99:59:59,999 who are treating their loved ones, who've got end-stage cancer. 33 99:59:59,999 --> 99:59:59,999 They are lay people, computer technicians 34 99:59:59,999 --> 99:59:59,999 who, frankly, conventional medicine has given up, they're stage 4, 35 99:59:59,999 --> 99:59:59,999 they said there is nothing more we can do, 36 99:59:59,999 --> 99:59:59,999 so they're administering endovenous cocktails of drugs. 37 99:59:59,999 --> 99:59:59,999 some of which are approved, some of which are off-patent, 38 99:59:59,999 --> 99:59:59,999 some of which are off-label (check). 39 99:59:59,999 --> 99:59:59,999 I visited a clinic, here in Germany, which I can't name, because 40 99:59:59,999 --> 99:59:59,999 they kind of operate in the shadows in fear that they'll be closed down. 41 99:59:59,999 --> 99:59:59,999 And what it seemed to me, once I looked beyond health 42 99:59:59,999 --> 99:59:59,999 is that this is a phenomenon which is happening 43 99:59:59,999 --> 99:59:59,999 in all kinds of areas of public life. 44 99:59:59,999 --> 99:59:59,999 That we're seeing what I call people-powered innovation. 45 99:59:59,999 --> 99:59:59,999 And I think it's a real challenge for institutions and organizations. 46 99:59:59,999 --> 99:59:59,999 So, why is it important? 47 99:59:59,999 --> 99:59:59,999 I think it's important because it's kind of a natural consequence 48 99:59:59,999 --> 99:59:59,999 of the issues I talk about in my book "Open". 49 99:59:59,999 --> 99:59:59,999 where, now that we're able to share and exchange knowledge, 50 99:59:59,999 --> 99:59:59,999 we're now at a point where we want to do something about it, 51 99:59:59,999 --> 99:59:59,999 we want now to be more in control of our own lives. 52 99:59:59,999 --> 99:59:59,999 But I think it's particularly important for the people who are in this room today: 53 99:59:59,999 --> 99:59:59,999 educators and human resource people. 3:05 54 99:59:59,999 --> 99:59:59,999 Because one of the things I was seeing is a major shift in the way 55 99:59:59,999 --> 99:59:59,999 in which we accredit knowledge and competencies. 56 99:59:59,999 --> 99:59:59,999 I don't know if any of you have read Phillip Brown's excellent book 57 99:59:59,999 --> 99:59:59,999 called "Tne Global Auction", but he talks about how our graduates are facing 58 99:59:59,999 --> 99:59:59,999 a high-skilled low-income future, 59 99:59:59,999 --> 99:59:59,999 because of globalization and a whole range of other issues. 60 99:59:59,999 --> 99:59:59,999 And recently, Laszlo Bock who is in charge of People Operations at Google said this 61 99:59:59,999 --> 99:59:59,999 "Your degree is not a proxy for your ability to any job. 62 99:59:59,999 --> 99:59:59,999 "The world only case about -- and pays off on -- 63 99:59:59,999 --> 99:59:59,999 "what you can do with what you know 64 99:59:59,999 --> 99:59:59,999 "(and it doesn't care how you learned it)" 65 99:59:59,999 --> 99:59:59,999 So my point, I guess, is that unless we change the product, 66 99:59:59,999 --> 99:59:59,999 we risk being disintermediated. 67 99:59:59,999 --> 99:59:59,999 By that, I mean, learners can find other ways 68 99:59:59,999 --> 99:59:59,999 to get the knowledge and skills that they need. 69 99:59:59,999 --> 99:59:59,999 And let's face it, the product hasn't really changed much in decades. 70 99:59:59,999 --> 99:59:59,999 So I'd -- obvious that the best way to stay relevant 71 99:59:59,999 --> 99:59:59,999 is to involve users in the process of innovation. 72 99:59:59,999 --> 99:59:59,999 So this is what I mean by people-powered innovation, 73 99:59:59,999 --> 99:59:59,999 users lead users, accelerate innovation 74 99:59:59,999 --> 99:59:59,999 by either advocating for new products or services, 75 99:59:59,999 --> 99:59:59,999 tinkering with existing products and services, 76 99:59:59,999 --> 99:59:59,999 or creating new products and services from scratch. 77 99:59:59,999 --> 99:59:59,999 That's my kind of working definition, 78 99:59:59,999 --> 99:59:59,999 based partly on Eric von Hippel's definition of people-powered innovation. 79 99:59:59,999 --> 99:59:59,999 So here's some examples. 80 99:59:59,999 --> 99:59:59,999 The potato crisp, the home-baked (check) potato crisp 81 99:59:59,999 --> 99:59:59,999 was invented in 1853 by a chef called George Crum. 4:44