The Effect of Digital Age of Innovation

Greetings Friends,

I will like to begin this article by thanking the first founders and inventors of internet  Robert E. Kahn Internet who developed protocol suite (TCP/IP)  in the 1950’s and Vint Cerf in the 1970’s. It’s also important to mention the computer scientist Tim Berners-Lee who invented the World Wide Web. This giant idea led to other great inventions and innovations from great minds such as Warren Buffet – the inventor of Microsoft Corporation and Mark Zuckerberg the founder of Facebook.

Before we proceed proper, let’s have an overview or background information on digital information. There are two main areas where the nature of innovation has been changed as a result of the direct impact of the digital revolution: 1. Research and Development which is mostly used by big corporations and government agencies. R&D is one of the most important units of any organization because it helps to bring new products to the company in order to make it contemporaneous with the demands of the world.  2. Product and process innovation which is used by mainly used manufacturing companies. Digital technology made it possible for new products and services to produce quality advantages and business model innovation. This is mainly used by entrepreneurs and business oriented companies. 3. Business Model innovation which allow businesses to entirely reimagine traditional business models by leveraging a powerful mix of emerged digital tools, advanced machinery and adjusted workforce, giving price and quality of service advantages over incumbents. The modern innovation of business models is originated by the tech professionals’ community and is taken further by business professionals that have acknowledged new opportunities

This is not really a technological and digital article per se, rather it is an article that sheds light on the effects of digital innovation. Today’s article will be a little bit controversial, but I will encourage you to think out of the box in order to appreciate the message inherent in it. It’s indisputable fact that the internet has made the world a small village. A lot of transformation has taken place between 19th century and now. The 2Ist century can literally be called the jet age. This progressive view of life has made many companies to scout for exceptional beings with ideas who will add value to their company as opposed to the theoretical knowledge (formal education) that comes with fundamental training and procedure. It is on this note we shall be discussing about the formal education and the informal education which we have been exposed to in contemporary times.

I strongly believe it will be right to say ideas rule the world. With the invention of technology, the world has seen and felt ingenuity of ideas which has led major innovations. This digital age of innovation has caused some controversies in some quarters because of the ingenuity of ideas that has sprang up from it. Some of this ingenuity of ideas has made many people to believe that skills, talent and ideas are the ultimate in life. No doubt to a reasonable extent, that is true because many companies are always looking for ideas on how to take their business to the next level in addition to maximizing cost, but at the same time they also know that having a form of theoretical and formal knowledge and background in the industry is also necessary.

This is a topic of interest to me because I see a lot information making rounds in the world with respect to people who have achieved success without formal education. Some of this people achieved success with their skills, network, ideas and talent. Some of them also achieved success with little or formal education. And even people who have formal education figured out that true success lies in thinking out of the box in addition to developing themselves by thinking out of the box.

As an advocate of education, I strongly believe a good education is priceless. Even though you are talented it is also good for you to attain some level of formal education if you have the opportunity because there are certain information which you may not be exposed to on the street or talent. Even the Book of life stated in Proverbs 4: 13 “Your education is your life, guard it very well”. Even though education is not the yardstick for success, but it helps to prepare the way for success. I think it’s only percent of the world who have been extremely humbled to have attained amazing success without having formal education. Mark Zuckerberg and Bill Gate attended one of the best schools in the world before dropping out when they discovered they had a lot to offer to the world. I recently gave a talk to the Urban Male Leadership Academy in Borough of Manhattan Community College in New York, and I remembered asking the students what does success mean to you? Most of the students gave various answers which sounded right and indeed were right based on the area their thought process. I explained to them success is indeed relative and true success is doing better than you did yesterday.  I also enlightened them about skills acquisition and value creation which I call ideas for sustainable growth.

As mentioned earlier, the focus on this article is about making us to think out of the box by comparing and contrasting formal education and informal education. In as much I believe in informal education which I likened to skills, talent and ideas, I also believe formal education is the foundation of all information. Some schools of thought opine that life begins after High school and college. This is because it is what you do with the knowledge you have acquired that makes the difference and how you apply it to solve the problems in the world. In today’s labor market, employers also look for candidates who have really distinguished themselves with ideas because ideas truly rule the world. Yes, it is true, I however think it also depends on the nature of the involved. Some jobs needed theoretical knowledge and expertise like medicine and law.

One of the major reason why some people opine that ideas are valuable than formal education is because some of the disciples of this school of thought have been able to generate good money with their creativity. For example, the app and robot inventors. Without sounding immodest, I will like to state that formal education is still very important in today’s society. In fact, it is a plus for you if you have it and have other great ideas. Acquiring it will a good a long way to create opportunities for you. I’m speaking with experience because I have seen and tasted it from various aspect.

I have a question of interest. Has the effects of digital age of innovation done more harm than good? I will say no because it has really made the world a better place. However, the only negative influence I can think of which is not really a negative influence per se is that it has influenced a lot of people to think formal education is not as important as it ought to be due to the ideas some creative minds have been able to conceive.

Further more, it is important to note a real education enables a rational mind to think out of the box. When you add your skills the value increases. I’m particularly interested in this article because contemporary youths are paying more attention to what the society is showing them, thereby making it hard for some students go to school or even concentrate while in school forgetting that rational and informed youths combine both academic knowledge and informal knowledge. As a matter of fact, if the only knowledge you have is what you have upstairs which is devoid of formal education, your chances of conquering new grounds might be limited. The world has truly grown and new business needs some form of knowledge and information which can come in form of formal education in order for it to properly executed.

Let me share a personal experience with you, I have a legal background, but that has not stopped me from exploring other options. During the course of writing my book, I shared valuable and resourceful information relating to my legal background, tax background and all my professional work experience and the message has really resonated with so many people when they read my book. Some of the opportunities I have received in recent times came from people who have interest in my professional and academic experience. All this experience add up to and make me a resourceful being when I write and speak. What people often see is the finish work (public speaking), but they don’t see the background work. To some people, I am a great public speaker and writer but I know for a fact a lot of factors and experience contributed to it. I didn’t allow my skills to overshadow my professional and academic accomplishment.

In conclusion, since we are all concerned about achieving success, the best way to do go about it is to know yourself just like Bill Gate, Mark Zuckerberg, Barack Obama, Richard Branson and Henry Ukazu did. By so doing, you’ll will be able to know the path to thread because each and everyone of us is different.

Henry Ukazu writes from New York. He works with New York City Department of Correction as the legal Coordinator. He’s the author of the acclaimed book Design Your Destiny – Actualizing Your Birthright To Success.

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