the 3 biggest disruptors to business as we know it

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THE 3 BIGGEST DISRUPTORS TO BUSINESS & LIFE AS WE KNOW IT www.wecreateworldwide.com @nickjankel Royal Bank of Scotland, Jan 2014

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Prepare your business and life for the biggest 3 disruptors the world has ever known.

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Page 1: The 3 biggest disruptors to business as we know it

THE 3 BIGGEST DISRUPTORS TO BUSINESS & LIFE AS WE KNOW IT

www.wecreateworldwide.com

@nickjankel

Royal Bank of Scotland, Jan 2014

Page 2: The 3 biggest disruptors to business as we know it

A boutique innovation, strategy & design agency solving problems that matter through amplifying leadership breakthroughs

We are also...

A bespoke leadership development consultancy focused on helping teams and individuals have breakthrough innovations that create a brilliant world

We are...

Page 3: The 3 biggest disruptors to business as we know it

Some of our clients

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Our services

Sustainable & purposeful innovation Leadership developmentStorytelling for leadersPurpose definitionExecutive & peer coachingSustainable innovation coaching & trainingCoaching & empowerment trainingTeam development & tool trainingLearning & development program & toolkit designLeadership & empowerment evaluation & metricsCulture design & micro-interventions

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Our leadership & empowerment curriculum

Visioning & FuturingLeading InnovationCreative Thinking & Innovation Mindsets

The Enterprise Purpose & Enterprise

StorytellingDesigning Disruptive

Business Models

Self- Mastery Leadership

PurposeInspiring Ethics

& EmpathyPersonal Branding

Mindfulness, Stress &

ResilienceResponse-ability

& Integrity

Me My team My enterprise My world

Leadership Storytelling

Ethical InfluencingActivating Networks

Collaboration IQ & Consensus Building

Conflict Transformation

Coaching & Mentoring Excellence

Leading through Change,

Complexity & Crisis

Thinking & Acting in Systems

Sustainable Innovation & Social Impact

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In-company empowerment, happiness & wellbeing programmes for the digital generations

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“My prototype was big as a toaster, but the technical people loved it. But it was filmless photography, so management’s reaction was, ‘that’s cute — but don’t tell anyone about it.”

Steven Sasson

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SPENT by kodak (& MUBARAK) to stay at the top

imagine the number of MBAs, consultants, processes...

Why did they fail?

$$$$$$$$$$$$$

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Ch-ch-ch-ch-changesTurn and face the strangeCh-ch-changesJust gonna have to be a different man

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ADAPT OR FAIL

law of requisite

variety

Page 11: The 3 biggest disruptors to business as we know it

understanding of how our world works (or not) is

changing#1

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GROWTHis good...

for 2 billion people

as long as we don’t count depression, obesity, heart disease, extreme climate change etc. etc.

Page 13: The 3 biggest disruptors to business as we know it

if everyone lived like us, we’d need 5+ planets to provide enough resources

Source: Scientific American

Page 14: The 3 biggest disruptors to business as we know it

TRICKLING...?Nigeria: 56% to 61% with 6% GDP growth in last 10 years

india: 1/5 to 1/3 in extreme poverty with 9% GDP growth

US: 156% rise in extreme poverty in kids in us from ‘96-’11

Source: BBC, Harvard University

Page 15: The 3 biggest disruptors to business as we know it

BUSINESSis the most creative & effective eNGINE TO solve major problems

more trusted by government: 58% vs. 47%

Source: Edelman Survey

Page 16: The 3 biggest disruptors to business as we know it

PURPOSEbeyond profit

that underpins every investment decision

delivers ‘blended returns’

Page 17: The 3 biggest disruptors to business as we know it

Definition

purpose: bridge between our genius & the world’s troubles

Page 18: The 3 biggest disruptors to business as we know it

protects against aging, Alzheimer’s & business failure

top 3 focus of ceos today

PURPOSESource: Dana Foundation, IBM Global CEO Study 2012

Page 19: The 3 biggest disruptors to business as we know it

Tarang ShahVenture Capitalists At Work: How VCs Identify and Build Billion Dollar Successes

“Entrepreneurs who are committed to a mission beyond profits are more likely to succeed.”

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GEN Y78% look at ethics & values before deciding which company to work for

Source: Cone Communications Survey

Page 21: The 3 biggest disruptors to business as we know it
Page 22: The 3 biggest disruptors to business as we know it

Source: MIT Sloan Management Review, 2013

changing the way we operate drives massive growth

Page 23: The 3 biggest disruptors to business as we know it

Source: MIT Sloan Management Review, 2013

even when driven by sustainability

Page 24: The 3 biggest disruptors to business as we know it

understanding of how we interact & organise is

changing#2

Page 25: The 3 biggest disruptors to business as we know it

HIERARCHIES ARE FAILING

Page 26: The 3 biggest disruptors to business as we know it

70% of global internet users on facebook

youtube reaches more millenials than TV

Page 27: The 3 biggest disruptors to business as we know it

"There will not be any hegemonic power. Power will shift to networks and coalitions in a multi-polar world.”

National Intelligence CouncilGlobal Trends Report 2013

Page 28: The 3 biggest disruptors to business as we know it

NETS WORKDiverse teams more innovative than groups of similar genii

entrepreneurs with diverse networks 3 x innovative than those without

extent of openeness in our networks predicts career success

Sources: Martin Ruef, Princeton; The New England Journal of Medicine; University of Chicago

Page 29: The 3 biggest disruptors to business as we know it

TRIBES HUNTER-

GATHERERS HIERARCHIES /

BUREAUCRACIES

MARKETS

NETWORKS

Page 30: The 3 biggest disruptors to business as we know it

NETWORKED BUSINESSairbnb: 10 millions guests in 5 years without owning a single hotel brick

zappos: 75% repeat customers, running as holarchy

zipcar: NOW @ AVIS

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Page 32: The 3 biggest disruptors to business as we know it

GIVE TO GETsecret to success (& our first instincts anyway)blockbuster toys over 50 years not focused on competitioncollaboration key to evolutionary fitness

Sources: Overmar & Jeffery; Scientific American; Adam Grant, Wharton

Page 33: The 3 biggest disruptors to business as we know it

understanding of the stories we can & must tell is changing#3

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we learn over 70% of our knowledge through stories

STORIESgovern our understanding of the world, ourselves and our business

Page 35: The 3 biggest disruptors to business as we know it
Page 36: The 3 biggest disruptors to business as we know it

“Whoever tells the best story wins.”

John Quincy Adams

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STORIESOPEN UP SPACE FOR INNOVATION & GIVE PERMISSION FOR BREAKTHROUGH

we buy into stories, not specs, creativity not code

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If breakthrough innovation was easy, everyone would be doing it... and they are not.

Why?

Page 39: The 3 biggest disruptors to business as we know it

Bmusic

Page 40: The 3 biggest disruptors to business as we know it

Cubism

Page 41: The 3 biggest disruptors to business as we know it

ASSUMPTIONSmother of all $%^# Ups

Page 42: The 3 biggest disruptors to business as we know it

Sydney Finkelstein, Why Smart Executives Fail

“Failures [are] caused by... flawed executive mindsets that throw off a company’s perception of reality [and] delusional attitudes that keep this inaccurate reality in place”

Page 43: The 3 biggest disruptors to business as we know it

“People massively value having their photos printed.”

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people do not change ways of being / beliefs / behaviours easily!

Not rational, self-interested maximisers...

people do not let go of assumptions easily!

Page 45: The 3 biggest disruptors to business as we know it

beliefs driven by emotions

EMOTIONS DRIVE SOCIAL CONTAGION

Sources: Antonio D’Amasio, Baba Shiv, Andrew Newberg, Jonathan Haidt, Fast Company

IRRATIONAL

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• STRESS RESPONSE ACTIVATED

• FEAR MEMORIES CONSOLIDATE INTO HABIT

less neural plasticity as age

system favours predictability over

creativity

reliance on old patterns

RIGIDSource: Scientific American

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1

2

34

5

6

breakthrough

wecreateworldwide.combreakthrough for a brilliant world© 2013 WECREATE WORLDWIDE LTD

Innovation

Use the space to write your answers

1. problem What is the problem, in human terms?

2. Proposition

What is the current

proposition that resultsin this problem?

3. Assumptions

What do we have to

believe to generate and validate this

proposition?

4. Breakthrough Insight

What are more insightful,

future-positive beliefs?

5. Breakthrough proposition

What ideas or concepts to

solve the problem emerge from this insight?

6. Breakthrough vision

What vision do you have of

the impact of this proposition?

THE BREAKTHROUGH ENGINE

PURPOSE What is your/org purpose? Why do you exist?

1

2

34

5

6

breakthrough

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“People like to share, exchange and remix photos as a way of having amazing relationships.”

“People massively value having their photos printed.”

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BEbreakthrough right

BEASSUMPTIONS INSIGHTS

out-dated ideas & limiting models

future-positive business models

Page 50: The 3 biggest disruptors to business as we know it

AGE OF ContributION: GIVE to the world with purpose so we can

all thrive#1

#2

#3

AGE OF CONNECTION: JOIN UP THE DOTS TO FORGE COLLABORATIONS &

RELATIONSHIPS

AGE OF creativity: WEAVE new narratives that open up

breakthroughs & POSSIBILITIES

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wecreateworldwide.combreakthrough for a brilliant world© 2013 WECREATE WORLDWIDE LTD

Breakthrough

nike +

NIKE+ MEMBERSHIP INCREASES SALES IN RUNNING DIVISION

BY C.30% TO$2.8 BILLION

BETWEEN 2011-2012

CONTRIBUTE: TO FITNESS, WELLBEING & POSITIVITY

CONNECT: PEOPLE WITH THEIR PEERS & THEMSELVES

CREATE: A NEW BRAND STORY & NEW POSSIBILITIES FOR USER TO THRIVE

#1

#2

#3

DISRUPTIVE OFFER

Nike’s Digital Sport division is motivating people to exercise more through their Nike+ products and services.

HOW

BUSINESS VALUE

CONSUMER VALUE

RESULTS

— The Nike+ range of products and services invites digital technology to enhance the training experience.

— The Nike+ FuelBand, smartphone app, iPod, SportWatch GPS and Kinect Training device measures users’ movements and converts them into NikeFuel points.

— Users can share their earned NikeFuel points online and compete to collect more points.

— Analysts say Nike+ membership growth was important in driving sales in its running division by up to 30% to $2.8 billion between 2011-2012. Source

— Nike+ FuelBand reportedly sold out within four hours of launch. Source

FUNCTIONALThe Nike+ range gives users feedback on their performance.

EMOTIONALCapturing and feeding back user data taps into the desire for self-improvement.

SOCIALThe Nike+ community and connectivity turns activity data into social currency.

HEALTHY LIVING

WHY

REPUTATION

Brand sentiment – Fast Company voted Nike the No.1 Most Innovative Company 2013.

MARKET

Creation – Nike+ has created a new market of digital sport products and services.

SALES

Penetration – Nike+ plugs into different product categories, like Running and Basketball, to drive penetration.

INNOVATION

Technology – Nike+ developed new technology.

Relationships – Nike developed new relationships with brands like Apple.

Page 52: The 3 biggest disruptors to business as we know it

Definition

thrivability: the capacity to grow vigorously by accelerating contribution, connectedness & creativity

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THE SWITCH

THE SURPRISING TRUTH ABOUT CREATIVITY

AND HOW TO BREAK THROUGH ANYTHING

NICK JANKEL

OUT IN MAY 2014

Page 54: The 3 biggest disruptors to business as we know it

Question us.Challenge us.Have breakthroughs with us.

You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.’

R. Buckminster Fuller

[email protected]@ripeandready.com