Post on 19-Jul-2015
transcript
Value Ma(ers
Presented to
1
January 23, 2015
• Key Principles • World has changed • New Business and Mental Models Required
• 4 Steps to Success
• Your Experiences • Research • Hurdles and Obstacles • Success and Best PracFces
• This Program • Your Feedback • Future Offerings
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Agenda
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Techtonic ShiMs Challenge Our ExisFng Mental Models
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But, Our Mental Models Are a FuncFon Of Beliefs
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A>tudes
Behaviors AcBons
Beliefs Very Different Opposite
Same Some different
Mental Model
Views of Reality
How we spend our Time
How we spend our money
What we believe creates value
How we align with our beliefs
Technology Increases Speed, Reduces Time and Space
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Railroads
Automobile
Internet
BioTechnology
Techno
logy
Time
Examples of Technological Changes over Time
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17%
32%
68%
80% 80%
83% 68% 32% 20% 20%
0%
20%
40%
60%
80%
100%
1975 1985 1995 2005 2010
Components of S&P 500 Market Value
Intangible assets Tangible assets
Source: Ocean Tomo
Source of Value Changing (Tangible to Intangible)
Stakeholder Behaviors Are Also Changing
ParBcipator Procreator
Abdicator Receiver
Digital Divide
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4 Examples of Stakeholder Behaviors
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Tier 4 ActualizaBon Network
Tier 3: Mastery Technology
Tier 2: Belonging
Services
Tier 1: Safety
Things
Tier 0: Sustenance
Physiological
Hierarchy of Value
Hierarchy of Needs
Value (Digital) Divide
Result: OrganizaFons that Build On Higher Needs, Rule
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Shared Experiences
New Business Models Required: Tier 3 & 4 Outperformers
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4X Tier 3:
Technology Creators
8X Tier 4: Network
Orchestrators
1X Tier 1:
Thing Makers & Distributors
2X Tier 2:
Service Providers
Value (Digital) Divide
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Example: One Industry – All Four Business Models
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New Leadership Styles EssenFal: Levels 3 and 4 Rule
Collaborator Co Creator
Commander Communicator
Value (digital) Divide
Scalability
Mod
e of Inno
vaBo
n
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Steve Jobs Leveraged all 4 Leadership Styles
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Speed and Time
New OrganizaFonal Approach Necessary to Adapt Va
lue Hierarchy
Serial and Internal
Parallel and Community
Value (Digital) divide
Iterate & Experiment
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Step 1: OrientaFon (Who Are You?)
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Tier 3 Tier 4
Tier 1 Tier 2
Value (Digital) Divide
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Step 2: Take Inventory (What do you have and need)
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Step 3: Rebalance your por_olio (CARE)
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Step 4: Add New KPI’s to Financial Metrics
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Einstein Was Right, We Need to Challenge Our Mental Models
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Value Ma(ers
Presented to
21
January 23, 2015