Measuring The Big Shift | John Hagel, John Seely Brown, Lang Davison | June 19, 2009 | ... - 0 views
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David Ing on 21 Jun 09daviding says: This is the first version of a quantitative study that could become an annual study. Note the 25 metrics in nine categories over three sets of main indicators (foundations, flows of resources, impacts).
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David Ing on 21 Jun 09... today we're publishing as The 2009 Shift Index, a new set of economic indicators built for the digital world. Because it focuses on longer-term, "secular" changes to the business environment, the Shift Index is designed as a complement to the overwhelmingly short-term, cyclical measures that comprise most of today's economic indices. The full report and findings are available here. And a summary version of the framework, index, and findings is now out in the July/August Harvard Business Review. In the months and years to come, this inaugural index, which focuses exclusively on the U.S. economy, will be regularly updated to track changes over time and expand the ability to compare performance trends across industries, countries, and firms. The Shift Index tracks 25 metrics in nine categories across three sets of main indicators: Foundations, which set the stage for major change; Flows of resources, such as knowledge, which allow businesses to enhance productivity; and Impacts, which help gauge progress at an economy-wide level. Together these indicators represent phases of transformation in the Big Shift taking place in the global business environment. What do the findings show? The 2009 Shift Index reveals a disquieting performance paradox in the US corporate sector. On the one hand, labor productivity has nearly doubled since 1965. During those same years, however, US companies' Return on Assets (ROA) progressively dropped 75 percent from their 1965 level.