Pay Attention Private Equity: Enterprise 2.0

Andrew McAfee's blog today contains superb insight into the pattern language of Enterprise 2.0, and it is well worth a read for anybody involved in private equity trying to improve their portfolio companies using technology.  The framework McAfee outlines is really golden.  For those of us working in emerging markets, the question of being able to "leap-frog" a decade of technology advances cheaply is an attractive value proposition of Enterprise 2.0.  It also means we face less internal opposition from those who have spent millions of dollars already on now antiquated technologies.  The closer the starting point is to "zero" the better, when it comes to Enterprise IT.  Aggressive, but judicious implementation of Enterprise 2.0 methods and practices can really jump start an ailing project and open up new worlds of possibilities, not only in terms of efficiency, but creativity too.  And it is the creativity deficit that is usually so hard to overcome.  Unfortunately most of "high finance" is stuck in the dark ages when it comes to collaboration, openness, and the other things that characterize Enterprise Web 2.0.  Those of us who have caught on to it have an advantage facing off against the "big boys."  Let the full court press begin.

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