The article mentions four principles of Radical Openness, which led the companies to make a drastic radical progress from past, which I believe these are most basic and essential part of it:
Principle One: Collaboration. This is openness in the sense that firms are keeping their boundaries more porous, flexible and open. So open networks are making companies to strive in the market than when they were closed.
Principle Two: Transparency. It is about the communication of precise information to partners or stakeholders. This implies companies have to be open and transparent for high performance and fast processes. Here author shares example of Wikileaks.
Principle Three: Sharing. Sharing is about providing rights to the ideas and inventions or giving up contents, resources or assets developed or implemented. The companies now prefer to share intellectual property and releasing patents so as to gear up the research, foster relationships and stimulate progress in the areas of profits, rather than to spend time and efforts to control and protect proprietary resources and innovations
Principle Four: Freedom.
Author mentions that “The open world is bringing empowerment and freedom.”, and the changes occurring by the openness is positive. Keeping the ideas, processes, innovation open to others, does not mean they will be defeated, after all, it will make a world better place to live, creating more empowerment, freedom and a collaborated intelligence team without leaders.
The main factor for this drastic change in opening up the society is the digital era or age. The extraordinarily efficient combination of the technical devices and Internet, which gives everyone an ability to connect and collaborate in the interests and ideas, is forcing almost every aspect happening over the globe.
With the advantages of “Openness” at the stake it is also unnerving for business. It is because of today’s fast paced information sharing along the
References: for Khan Academy: Wikipedia: http://en.wikipedia.org/wiki/Khan_Academy TED Talks: http://www.ted.com/talks/salman_khan_let_s_use_video_to_reinvent_education.html