WEBVTT 99:59:59.999 --> 99:59:59.999 (OFF) Thanks very much... 99:59:59.999 --> 99:59:59.999 (David Price) This is the ........ - shrinking (check) presentation. 99:59:59.999 --> 99:59:59.999 It was originally 25 minutes, last night it was 23, 99:59:59.999 --> 99:59:59.999 now it's 22. 99:59:59.999 --> 99:59:59.999 I've got a 45-minute presentation, I'm just going to speak twice as quickly. 99:59:59.999 --> 99:59:59.999 No, I'm only kidding, it's only 20 -- 22 minutes. 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. 99:59:59.999 --> 99:59:59.999 About four moths ago, I was diagnosed with cancer of the colon. 99:59:59.999 --> 99:59:59.999 And what was it? Seven weeks ago, I had the operation 99:59:59.999 --> 99:59:59.999 which kind of went OK, got rid of the tumor, 99:59:59.999 --> 99:59:59.999 But when the colon got reconnected, it sprung a leak 99:59:59.999 --> 99:59:59.999 and I got a thing called sepsis, which I later discovered, 99:59:59.999 --> 99:59:59.999 is fatal in 60% of the cases. 99:59:59.999 --> 99:59:59.999 What essentially happens with sepsis is 99:59:59.999 --> 99:59:59.999 the organs start to pack in, one after the other, so 99:59:59.999 --> 99:59:59.999 my heart was fibrillating, I lost -- kidneys stopped working, 99:59:59.999 --> 99:59:59.999 lungs stopped working, so they pumped me on a ventilator. 99:59:59.999 --> 99:59:59.999 And my wife Claire (check) who is here somewhere 99:59:59.999 --> 99:59:59.999 was told to bring the family around, because they didn't expect me 99:59:59.999 --> 99:59:59.999 to get through the week-end. 99:59:59.999 --> 99:59:59.999 As you can see, I survived, and this is actually the first talk I've given 99:59:59.999 --> 99:59:59.999 since I was in intensive care. 99:59:59.999 --> 99:59:59.999 I was in intensive care for a week. 99:59:59.999 --> 99:59:59.999 So, when a sick -- no, no honest (Applause) 99:59:59.999 --> 99:59:59.999 But when I say I'm delighted to be here, I'm not just being polite. 99:59:59.999 --> 99:59:59.999 (laughter) 99:59:59.999 --> 99:59:59.999 I'm talking existentially rather than conversationally. 99:59:59.999 --> 99:59:59.999 But I wanted to start with that story because, in that process of the journey 99:59:59.999 --> 99:59:59.999 from diagnosis to operation, I met with some remarkable people: 99:59:59.999 --> 99:59:59.999 on forums and ingress (check) groups, but I also visited and interviewed people. 99:59:59.999 --> 99:59:59.999 So I interviewed some people in the Netherlands 99:59:59.999 --> 99:59:59.999 who are treating their loved ones, who've got end-stage cancer. 99:59:59.999 --> 99:59:59.999 They are lay people, computer technicians 99:59:59.999 --> 99:59:59.999 who, frankly, conventional medicine has given up, they're stage 4, 99:59:59.999 --> 99:59:59.999 they said there is nothing more we can do, 99:59:59.999 --> 99:59:59.999 so they're administering endovenous cocktails of drugs. 99:59:59.999 --> 99:59:59.999 some of which are approved, some of which are off-patent, 99:59:59.999 --> 99:59:59.999 some of which are off-label (check). 99:59:59.999 --> 99:59:59.999 I visited a clinic, here in Germany, which I can't name, because 99:59:59.999 --> 99:59:59.999 they kind of operate in the shadows in fear that they'll be closed down. 99:59:59.999 --> 99:59:59.999 And what it seemed to me, once I looked beyond health 99:59:59.999 --> 99:59:59.999 is that this is a phenomenon which is happening 99:59:59.999 --> 99:59:59.999 in all kinds of areas of public life. 99:59:59.999 --> 99:59:59.999 That we're seeing what I call people-powered innovation. 99:59:59.999 --> 99:59:59.999 And I think it's a real challenge for institutions and organizations. 99:59:59.999 --> 99:59:59.999 So, why is it important? 99:59:59.999 --> 99:59:59.999 I think it's important because it's kind of a natural consequence 99:59:59.999 --> 99:59:59.999 of the issues I talk about in my book "Open". 99:59:59.999 --> 99:59:59.999 where, now that we're able to share and exchange knowledge, 99:59:59.999 --> 99:59:59.999 we're now at a point where we want to do something about it, 99:59:59.999 --> 99:59:59.999 we want now to be more in control of our own lives. 99:59:59.999 --> 99:59:59.999 But I think it's particularly important for the people who are in this room today: 99:59:59.999 --> 99:59:59.999 educators and human resource people. 3:05 99:59:59.999 --> 99:59:59.999 Because one of the things I was seeing is a major shift in the way 99:59:59.999 --> 99:59:59.999 in which we accredit knowledge and competencies. 99:59:59.999 --> 99:59:59.999 I don't know if any of you have read Phillip Brown's excellent book 99:59:59.999 --> 99:59:59.999 called "Tne Global Auction", but he talks about how our graduates are facing 99:59:59.999 --> 99:59:59.999 a high-skilled low-income future, 99:59:59.999 --> 99:59:59.999 because of globalization and a whole range of other issues. 99:59:59.999 --> 99:59:59.999 And recently, Laszlo Bock who is in charge of People Operations at Google said this 99:59:59.999 --> 99:59:59.999 "Your degree is not a proxy for your ability to any job. 99:59:59.999 --> 99:59:59.999 "The world only case about -- and pays off on -- 99:59:59.999 --> 99:59:59.999 "what you can do with what you know 99:59:59.999 --> 99:59:59.999 "(and it doesn't care how you learned it)" 99:59:59.999 --> 99:59:59.999 So my point, I guess, is that unless we change the product, 99:59:59.999 --> 99:59:59.999 we risk being disintermediated. 99:59:59.999 --> 99:59:59.999 By that, I mean, learners can find other ways 99:59:59.999 --> 99:59:59.999 to get the knowledge and skills that they need. 99:59:59.999 --> 99:59:59.999 And let's face it, the product hasn't really changed much in decades. 99:59:59.999 --> 99:59:59.999 So I'd -- obvious that the best way to stay relevant 99:59:59.999 --> 99:59:59.999 is to involve users in the process of innovation. 99:59:59.999 --> 99:59:59.999 So this is what I mean by people-powered innovation, 99:59:59.999 --> 99:59:59.999 users lead users, accelerate innovation 99:59:59.999 --> 99:59:59.999 by either advocating for new products or services, 99:59:59.999 --> 99:59:59.999 tinkering with existing products and services, 99:59:59.999 --> 99:59:59.999 or creating new products and services from scratch. 99:59:59.999 --> 99:59:59.999 That's my kind of working definition, 99:59:59.999 --> 99:59:59.999 based partly on Eric von Hippel's definition of people-powered innovation. 99:59:59.999 --> 99:59:59.999 So here's some examples. 99:59:59.999 --> 99:59:59.999 The potato crisp, the home-baked (check) potato crisp 99:59:59.999 --> 99:59:59.999 was invented in 1853 by a chef called George Crum. 4:44