Tough times, web 2.0 & high principles

The test of our commitment to principles is not what we do in good times.  Rather the true test of our principles comes in difficult times.  The current economic situation seems to be setting us up for such a test.

Recently I’ve been thinking about the principles of collaboration, collective intelligence and democracy that are so much entwined with my view of web 2.0 and asking how convinced I am about their contribution to value creation and profit.

There is no point in adopting these kinds of ideas in good times only to find that insufficient business value is created to sustain them in difficult times.

The process has been interesting and resulted in some case studies of business value creation and barriers to the creation of value.  I’ll share some more on this topic soon.

Author: Kate Carruthers

Kate Carruthers is Chief Data & Insights Officer for UNSW Sydney, and is also an Adjunct Senior Lecturer in the School of Computer Science & Engineering. She is certified in information security and is currently undertaking postgraduate studies terrorism and security. Kate has extensive experience in senior roles in ICT, marketing, data and digital; and is a member of the NSW Government’s Data Analytics Centre Advisory Board. Kate is currently working at the intersection of data analytics, AI, ML, privacy, cyber security, and data protection.