Dialog-SFI Takeaways: In Any Endeavor, Connect the Network to Itself
Last week was big, and we believe it’s just the start of something even bigger.
Dialog, in collaboration with the Santa Fe Institute (SFI), hosted an all-day network design symposium titled “Influence and Complexity: New Views for Business, Politics, Innovation, and Growth,” at the Long Center for the Performing Arts in Austin, Texas. SFI is the first and premier complex systems institute that includes five Nobel Laureates, and Rolling Stone has called them “a sort of Justice League of renegade geeks, where teams of scientists from disparate fields study the Big Questions.” The symposium married SFI’s scientific research of how complex systems work with Dialog’s approach and application to solving real-world, complex system business problems.
Speakers and attendees included world-renowned scientists, senior executives from companies, such as Boeing, VMware and Under Armour, as well as leaders from organizations such as Savory Global, the U.S. War College and the New York Stock Exchange.
From first session through closing happy hour, it was an insightful day of conversation and exploration that we will be exploring in greater detail in the future. For now, we want to send heartfelt gratitude to program participants and attendees.
We have received many requests for takeaways from the event. There were many and we will be sharing them over the coming weeks. To start, here are just a few of our favorite highlights from the panel discussion:
The panel on innovation and networks included Ross Buhrdorf (SFI, former CTO of HomeAway), Bryon Jacob (CTO of data.world), William Klehm (CEO of Fallbrook Technologies), Jeff DeCoux (CEO of Hangar Technology), and Josh Baer (CEO of Capital Factory). As these successful entrepreneurs chatted, representing emerging industries spanning drones and next gen NuVinci Sphere-based CVP transmissions, to big data and the semantic web, it was striking the alignment they had on the importance of networks to them and their business.
The conversation quickly centered not on technology but rather the people in their networks – internal and external.
- It is so easy to forget in our age of technology and constant change that human emotions don’t change, neither does the desire for human connection, nor the desire to be part of something greater than ourselves. It’s in our DNA.
- So Connect! “As a species our greatest adaptation is the ability of humans to work together. We built HomeAway with a weekly “kitchen table” meeting that persisted as we scaled from startup to global leader”, as Bryon and Ross recounted.
- It’s almost trite, but entreprenuers have to be conscious of their network and put effort into building it.
- What does change, says Josh Baer, is the scalability of it. Today’s tools let us be massive network builders on a scale previously only available to big organizations. He perpetually pays it forward thanks to a DIY app that lets him match needs, talents, and interest as he orchestrates the Austin Startup network.
- Another common thread was how much diversity really matters, especially women in leadership and technology roles. Not just to perception, as Buhrdorf noted, but the real deal bottom line – studies prove 30% female leadership nets 6% profit improvement on average.
Luckily, a diverse audience brought much needed perspective to the discussion. NYSE Public Board Member and author of Women Make Great Leaders, Jill Griffin offered advice for women looking for opportunities to maximize their chances of success. Her insights included: 1) look for diversity at the top, 2) insist on objective measurement, and 3) find male champions.
A special thanks to Casey Cox and Will Tracy from the Santa Fe Institute for making this event possible. The event demonstrated the power of a network in action and we look forward to sharing more insights over the coming weeks about using network design to solve problems and unlock opportunity.
Stay tuned for more insights and also join us in conversation online using the hashtag #NetworksInAction