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A trends presentation to stimulate discussion with the Durban Silver Lining Group re: Born Digital Firms vs Industrial Firms; and the impat of this in SA
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Durban Silver Lining
16 February 2012
Globalisation 1.0 & 2.0Growing interdependence of
countries worldwideCross border transactionsInternational capital flowsCollapse of Communist states; rise
of democracyWidespread diffusion of technologyFall of transport , communication
and labour costs
Characterised by the MNE’sDenominated by the quest for
productivity gains and cost efficiencies
Factories
Globalisation 3.0Rise of wwwOutsourcing/Offshoring InsourcingGrowth of
start-up/entrepreneurshipThe Long Tail & Freemium
Rise of open innovation i.e. specialisation in IP efficiency
Characterised by incubators, VC’s & Business Model Innovation
Denominated by zero marginal cost for distribution e.g. Apps
Startups … Google, FB, Scribd
1492 - 2000 2000 - 2008
#musing … Did you know?
What are the trends as a result of this?...
Open Innovation(Start-ups)
Competition collaboration
The emergence of disruptive start-ups
Business Model Innovation
Social Innovation/CSR
The next frontier?...
Social Entrepreneurship
Born Digital
Born Industrial
What do you need to consider?... Business Model Innovation How do you make technology work for your business?
Marketing Evolution Ego-centric demand Allocentric Demand
Social Entrepreneurship Innovation for the base of the pyramid
Open Innovation Engaging human intellectual resources
Video Open Innovation
“Learning is the indispensible investment required for success in the knowledge age, where is your business on the curve?”
