Year in Reflection

Dear fellow readers and bloggers, what an insane year 2011 has been. Ever year has highs and lows and highlights. But this year has been a bit different. In a course of a year, countries have ousted monarchs and leaders and social transparency is growing by leaps and bounds.

But 2011 has also been a year of great duress in Europe. The prospects of countries such as Greece collapsing has forced the EU to make very difficult decisions which will prove challenging for the EU in the years to come. UK’s decision to not play with the EU will have some potentially difficult consequences for the UK. Too new to tell but clearly there will be rifts between the EU nations and the UK. Potentially nothing new given that the UK was the only country to hold on to it’s currency. I have always found this very odd, so the recent veto last week was not too surprising.

Asia is growing leaps and bounds and it has been an utter joy seeing how far things can go in 12 months. Entrepreneurship and innovation growing to such great extent that unless you are in these countries to see it, you just won’t believe it! Thank you friends in Asia for your hospitality!

South America is refreshing in showing how countries can define their role in the global economy. Great progress.

All in all, 2011 has been a year of not spending corporate funds as nervousness trumped innovation risk. I feel for the many highly talented people looking for employment in 2011 and not succeeding. Not because of any fault of your own but frankly, corporations are not hiring period. And people who are obsolete and ineffective are not leaving. A total stalemate in 2011. 2012 will be different as transparency and democratization will re-define corporate plans.

In the US on the other hand, I have been dismayed as to how much of our focus has been on IPO’s! We have been pouring tons of money in the social media bubble (social media, gaming, social interaction…), and then celebrating our success or avoiding our failure in the process. We need to focus more of our attention on innovation and revitalizing our large corporations to become more innovative than we do hyping how companies with few hundred million in revenue are suddenly worth tens of billions of dollars! Didn’t we learn from the internet bubble?!

ProVoke is allowing us to open up the conversation of the necessity of disruption to innovate, the ecosystem of disruption and the ensuing democratization of what I call ‘everything’… Democratization of IT, Democratization of leadership and the fantastic Global Democratization of Innovation!

I thank the many of you who received ProVoke with open arms and those of you who are becoming more open to the concept of ‘Democratization’ as a whole. 2012 is going to be the year to peel away the layers and make the democratization revolution become more real and more impactful! I can not wait for us to rock and roll in 2012! Would love to hear your thoughts. What do you think?

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