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Enabling business to grow further and faster Professor Peter Fisk [email protected] www.theGeniusWorks.com

Enabling business to grow further and faster

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  • Enabling business to growfurther and faster

    Professor Peter [email protected]

  • They want instant, intelligentand integrated solutions to

    grow faster and further

    Every business has theopportunity to grow

    like never before

    The winning businessesare global and hybrid,

    fast and local

  • We live in an incredible time

  • VolatileUncertain

    ComplexAmbiguous

  • VibrantUnrealCrazyAstounding

  • Virtual world becomes real

  • Spectacles to Snap

  • Alibabas $18bn Day

  • Uber and beyond

  • Driverless in Singapore

  • Worlds largest sports event

  • Unlimited executive jets

  • Quarzazate Solar Farm

  • Global internet for all

  • Xiaomi, the new AppleHyperloop redefines travel

  • Nanodegrees in the future

  • Anything is possible

  • 2010Pop 6.9BnGDP $63T

    G7

    2020Pop 7.7BnGDP $90T

    E7

    E7 = China, Malaysia, Chile, Poland, Peru, Mexico, Philippines

  • 2010Pop 6.9BnGDP $63T

    G7

    2020Pop 7.7BnGDP $90T

    E7

  • Human Technology

    Global

    Personal

    Circular Economy

    Reputation andPrivacy

    CollaborativeConsumption

    AnytimeAnywhere

    Wearables and Sensors

    Primary Megatrends

    Enabling Megatrends

    SupportingMegatrends

  • Human Technology

    Global

    Personal

    Circular Economy

    Robotics and Intelligence

    Big Dataand Clouds

    Smart Cities &Creative Hubs

    Reputation andPrivacy

    CollaborativeConsumption

    Social Change and New Tribes

    Wellbeing andBiotech

    AnytimeAnywhere

    Wearables and Sensors

    Primary Megatrends

    Enabling Megatrends

    SupportingMegatrends

  • Human Technology

    Global

    Personal

    Connectivity &Convergence

    New Business Models

    Circular Economy

    Robotics and Intelligence

    Big Dataand Clouds

    Smart Cities &Creative Hubs

    Reputation andPrivacy

    CollaborativeConsumption

    Social Change and New Tribes

    Wellbeing andBiotech

    Emerging markets

    Urban Livingand Travel

    AnytimeAnywhere

    3D Printing &Smart Systems

    Wearables and Sensors

    Primary Megatrends

    Enabling Megatrends

    SupportingMegatrends

  • +genius

  • Every business has theopportunity to grow

    like never before

    The winning businessesare global and hybrid,

    fast and local

  • Moonshot thinking

  • Why be 10% better?

    When you could be 10x better?

  • Shaping the future

  • es

    1. 23 & Me2. Aravind3. Editas4. Genentech5. Intuitive Surgical6. NarayanaHosp7. Organova8. PatientsLikeMe9. Scanadu10. Second Sight

    1. Amazon2. Aussie Farmers3. Etsy4. Farfetch5. Le Pain Quotidien6. Pinterest7. Positive Luxury8. Rackuten Ichiba9. Trader Joes10. Zappos

    1. Apple2. Beautyin3. DJI4. Go Pro5. Lego6. Method7. Natura8. Nike+9. Oculus Rift10. Renova

    1. Alibaba2. ARM3. Bharti Airtel4. GE5. Google X6. OneWeb7. Raspberry Pi8. Samsung9. Slack10. Xiaomi

    1. Aeromobil2. Air Asia3. Airbnb4. CitizenM5. Emirates6. Kulula7. RedBus8. Uber9. Virgin Galactic10. Zipcars

    1. 3DHubs2. Corning3. DP World4. Dyson5. Embraer6. Local Motors7. Space X8. Syngenta9. Tata10. Tesla

    1. Brewdog2. GrameenDanone3. Graze4. Juan Valdez 5. LA Organic6. Moa Beer7. Modern Meadow8. Nespresso9. Yeni Reki10. Zespri

    1. Ashmei2. 1Atelier3. Desigual4. Jonny Cupcake5. Inditex6. Patagonia7. Rapha8. Shang Xai9. Threadless10. Toms

    1. Aspiration2. Fidor3. First National4. Moven5. M-Pesa6. Robinhood7. Square8. TransferWise9. Umpqau10. Zidisha

    1. Al Jazeera2. Buzzfeed3. Netflix4. Pledge Music5. Red Bull6. RiotGames7. Snap8. Ushahida9. ViceMedia10.WeChat

    futureproduct futurefashion futurefood

    futurehealth futuretech futuremakersfuturebank

    futuretravel

    N/S American brands European brands African/Arab brands Asia/Pacific brands

    futuremedia

    1. Ashoka2. AzuriTech3. GraalBio4. IBM Watson5. IDEO6. Kickstarter7. Li & Fung8. Live Nation9. Salesforce10. Y Combinator

    1. Bitcoin2. Bhutan3. City FC4. The Elders5. FanDuel6. ParkRun7. Michelle Phen8. Planetary Res9. Udacity10. You

    futureservice futurebrands

    Peter Fisk [email protected]

    www.theGeniusWorks.com

    futurestore

  • audacious

  • networked

  • intelligent

  • Change

    Whyenabling

  • collaborative

  • es

    1. 23 & Me2. Aravind3. Editas4. Genentech5. Intuitive Surgical6. NarayanaHosp7. Organova8. PatientsLikeMe9. Scanadu10. Second Sight

    1. Amazon2. Aussie Farmers3. Etsy4. Farfetch5. Le Pain Quotidien6. Pinterest7. Positive Luxury8. Rackuten Ichiba9. Trader Joes10. Zappos

    1. Apple2. Beautyin3. DJI4. Go Pro5. Lego6. Method7. Natura8. Nike+9. Oculus Rift10. Renova

    1. Alibaba2. ARM3. Bharti Airtel4. GE5. Google X6. OneWeb7. Raspberry Pi8. Samsung9. Slack10. Xiaomi

    1. Aeromobil2. Air Asia3. Airbnb4. CitizenM5. Emirates6. Kulula7. RedBus8. Uber9. Virgin Galactic10. Zipcars

    1. 3DHubs2. Corning3. DP World4. Dyson5. Embraer6. Local Motors7. Space X8. Syngenta9. Tata10. Tesla

    1. Brewdog2. GrameenDanone3. Graze4. Juan Valdez 5. LA Organic6. Moa Beer7. Modern Meadow8. Nespresso9. Yeni Reki10. Zespri

    1. Ashmei2. 1Atelier3. Desigual4. Jonny Cupcake5. Inditex6. Patagonia7. Rapha8. Shang Xai9. Threadless10. Toms

    1. Aspiration2. Fidor3. First National4. Moven5. M-Pesa6. Robinhood7. Square8. TransferWise9. Umpqau10. Zidisha

    1. Al Jazeera2. Buzzfeed3. Netflix4. Pledge Music5. Red Bull6. RiotGames7. Snap8. Ushahida9. ViceMedia10.WeChat

    futureproduct futurefashion futurefood

    futurehealth futuretech futuremakersfuturebank

    futuretravel

    N/S American brands European brands African/Arab brands Asia/Pacific brands

    futuremedia

    1. Ashoka2. AzuriTech3. GraalBio4. IBM Watson5. IDEO6. Kickstarter7. Li & Fung8. Live Nation9. Salesforce10. Y Combinator

    1. Bitcoin2. Bhutan3. City FC4. The Elders5. FanDuel6. ParkRun7. Michelle Phen8. Planetary Res9. Udacity10. You

    futureservice futurebrands

    Peter Fisk [email protected]

    www.theGeniusWorks.com

    futurestore

  • Peter Fisk 2017theGeniusWorks.com

  • Rockets Creative Beer

  • Peter Fisk 2017theGeniusWorks.com

  • Lululemons Yoga Beer

  • Peter Fisk 2017theGeniusWorks.com

  • New Zealands Moa Beer

  • Peter Fisk 2017theGeniusWorks.com

  • +genius

    Beer 52 by Subscription

  • They want instant, intelligentand integrated solutions to

    grow faster and further

    Every business has theopportunity to grow

    like never before

    The winning businessesare global and hybrid,

    fast and local

  • Businessmodel

    FinanceNetworking

    2. Networkingenterprises structure/value chain

    1. Business modelhow the enterprise makes money

    Channel

    DeliveryBrand Customer

    experience

    10. Customer experience how you create an overall experience for customers

    9. Brandhow you express your offerings benefit to customers

    Coreprocess

    ProcessEnablingprocess

    3. Enabling processassembled capabilities

    4. Core processproprietary processes that add value

    6. Product systemextended system that surrounds an offering

    Productperformance

    OfferingProductsystem

    Service

    7. Servicehow you service your customers

    5. Product performancebasic features, performance and functionality

    8. Channelhow you connect your offerings to your customers

    10 types of business innovation

  • Volume of innovation effortsLast 10 years

    Businessmodel

    FinanceNetworking Channel

    DeliveryBrand Customer

    experienceCoreprocess

    ProcessEnablingprocess

    Productperformance

    OfferingProductsystem

    Service

    10 types of business innovation

  • Businessmodel

    FinanceNetworking Channel

    DeliveryBrand Customer

    experienceCoreprocess

    ProcessEnablingprocess

    Productperformance

    OfferingProductsystem

    Service

    Cumulative value creationLast 10 years

    10 types of business innovation

  • Think Tesla

  • Think Nespresso

  • Think Amazon

  • Ashmei: global sourced, niche audience

    Farfetch: 400 boutiques, from one place

    Triangl: Crowdfunded, buy from the app

    Enabling businesses to grow further and faster

    Dollar Shave: fast, simple, subscription

    Ipsy: social influenced, curated beauty

    Warby Parker: personalised to your door

    Etsy: local artisans, available globally

    Pinterest: social shared, click to buy

    77 Diamonds: luxury bought with a click

  • Where to start?

  • Start by understanding your customers (customers) world

    CustomerBusiness

  • Donutselling

    Low priced core than sell

    extrasRyanair

    SAP

    Affiliateselling

    Helping others to sell

    productsAmazonPinterest

    Auctionplatform

    Selling other products to highest bid

    EbayElance

    Bartergoods

    Exchange goods, no

    moneyPay/TweetBarterbook

    Cash advanceCustomer

    pays before goods made

    DellGroupon

    Cross selling

    Sell adjacent products to sell moreTchiboShell

    Crowd funding

    Financed by fans as first consumers

    PebbleBrainpool

    Crowd sourcingIdeas from

    customers for reward

    ThreadlessP&G

    DigitalFormats

    Turning physical into digital goods

    NetflixDropbox

    Directselling

    Brand sold direct to customer

    FirstDirectAussieFarm

    sellingCustomer buys more

    than productHarley Dav

    Red Bull

    Flat rate pricing

    Single fee or subscrip. for unlimited use

    NetflixSandals

    FractionalOwnership

    Customers each own

    sharesNetjets

    Homebuy

    Franchise brand

    Licensing format for a fee and %

    SparLufthansa

    FreemiumpaymentFree basic

    then charge for premium

    SkypeSpotify

    Guarantee avaiiableAvailability

    becomes key promiseNetjets

    Hilti

    Guaranteereplace

    Builds trust in quality and

    loyaltyTimberland

    Tumi

    revenueAlternative sources, egadvertising

    GoogleMetro

    Ingredientbranding

    Branded part other brand proposition

    GoretexIntel

    Integrated supplyEfficiency through

    supplychainZara

    ExxonMobil

    BrandCuratorBringing

    together best brands

    FabPos.Luxury

    FunctionalspecialistAdding one

    expert step to othersPayPalTrust-e

    DataLeverage Reselling

    aggregated customer data

    Facebook23andMe

    License brandLicense

    brand, patent or other IPREd Hardy

    ARM

    UniqueFormatLock-in to compatible

    formatsHP

    iTunes

    Long tail range

    Offer huge range to many

    nichesAmazoniTunes

    MassCustomise

    Make it personal for each person

    DellBMW

    NoFrills

    Simple and minimal spec at lower costSouthwest

    Accor

    Open SourceMake IP

    available to everyoneAndroid

    Tesla

    Solution Integrator

    Connecting all sources and partners Li &

    FungAccenture

    Pay per use

    Payment metered by use or time

    ZipcarsAzuri Tech

    Pay what you wantCustomer

    choose the price

    RadioheadPanera

    Shareduse

    Customers buy same productAirbnb

    RelayRides

    Peer to Peer

    Customers buy from

    customersCraigslist

    Zopa

    Resultsbased

    Price based on agreed outcomes

    Rolls RoyceXerox

    Razor and Blade

    Low price core, high price refills

    GilletteNespresso

    Rent dont buy

    Time based fee for period

    of useXeroxRegus

    RevenuesharingShare with

    others to inccustom base

    AA/BAApp Store

    ReverseInnovateSell simple products in mainstream

    HaierOneLaptop

    One forOne

    Charge the rich to fund

    the poorToms

    Narayana

    Self service

    Customers do more

    themselvesIKEA

    McDonalds

    Quality assuranceCertification and trusted

    endorsementISO

    Verisign

    Multilevel marketingPyramid of customer

    sellingTupperware

    Avon

    Subscribe to it

    Customer pays regular

    feeTime

    DollarShave

    Bottom of pyramid

    Tailor offer to less wealthy customersTata NanoWalmart

    Trash to cash

    Turn waster into new productsBraskomEkocycle

    Dynamic pricing

    Prices changes by

    demandPriceline

    WallSt Bar

    Co-createDesign

    Customers are co-

    designers of products

    ThreadlessLocal Motors

    WhitelabelMake

    products for another brand

    CottMcBride

    Doing good

    Benefits society or

    environmentOxfam

    Ecotricity

    Experience

    Advertising

    GeniusWorks2015 www.theGeniusWorks.com

    50 business models to adapt and apply

  • Future back

    Focus on growth

    Create disruption

    Define proposition

    Make it happen

    Design thinking

    Reframe purpose

    Make connections

    Redefine business

    Accelerate action

    Creativity is aboutopening up

    to explore new ideasand possibilities

    Innovation is aboutclosing down

    to make the best ideashappen profitably

    Page 16

    Visi

    on 3

    Visi

    on 2

    Visi

    on 1

    Deliv

    erab

    les

    3

    Deliv

    erab

    les

    2

    Deliv

    erab

    les

    1

    Resu

    lts 3

    Resu

    lts 2

    Resu

    lts 1

    Horizon 1 delivers

    excellence and quick wins

    Horizon 2 delivers

    new concepts and extensions

    Horizon 3 delivers

    breakthroughsand a new core

    What products and services do we bring together for our customers?

    Customers Communication PartnersOfferings

    Channels

    Relationships Processes

    Revenue streams Pricing models Cost streams Investments

    Who are our target segments of customers and users?

    Which types of distribution channels will we use to reach customers?

    What kind of relationship do customers seek with us, and each other?

    Who are the external partners to help us create and deliver the offerings?

    What distinctive assets do we have to use in existing or new ways?

    What benefits do we enable our customers to achieve?

    What are the main internal activities to create and deliver the offerings?

    What are the main sources of revenue, and which could be largest?

    How, when and how often will we charge customers?

    What are the most significant ongoing costs to create and deliver the offerings?

    How much do we need to spend before we start earning?

    Proposition

    ResourcesWhat are the main internal resources to create and deliver the offerings?

    Assets

    Products & Services

    What brand do we use? What are the key messages, and how do we engage customers?

    Customer BrandJobsGains

    Pains

    What benefits does the customer expect or desire, both rational and emotional?

    What are the negatives in their current experience, bothRational and emotional?

    What is the customer trying to do the job they want to do, or new goal to achieve? Gain creators

    How do the products and services create customer gain, for example savings that make them happy, or deliver outcomes beyond expectations?

    Pain relievers

    Products and services

    How do the products and services remove the negatives,eg save time and effort, make them fee better, remove negative impacts, or fears?

    What are all the product and service components that enable the customer to achieve their job?

    2021Where are the relevanthigh growth markets?

    2018

    2016

    Who are the relevant high growth customers?

    What are the relevanthigh growth categories?

    What are the relevant high growth

    products/services?

    2021

    2016

    Idea

    Create

    Improve

    Pivot

  • What will you do?

  • Acting with speed and agility

    Connecting ideas and

    people

    Passion to make life

    better

    Having an audacious

    attitude

    Shaping your own

    vision

    Making sense of change

    Persisting to make it happen

  • +genius

  • Be boldBe brave

    Be brilliant

  • Peter Fisk helps business leaders make sense of a fast-changing world, to find the best new opportunities for growth, to embrace the best new ideas through insight and creativity, to rethink their entire vision and strategy, business model and customer experience. Being 10% better is just enough to compete in todays world, to stand still. The real question is how to be 10 times better, to get ahead, to stand out, to be the leader who helps the business create and deliver future success.

    Peter works across the world, helping business leaders to develop innovative strategies for business and brands. He is a thinker, advisor and practical entrepreneur. He is Professor of Strategy, Innovation and Marketing at IE Business School, one of the worlds top ranked business schools, whilst also founder and CEO of GeniusWorks, a boutique consulting firm, helping clients across every sector to make sense of fast-changing markets, and find new ways to think, compete and win.

    Having trained as a nuclear physicist, Peter moved to managing brands like Concorde at British Airways, helping Microsoft to adopt a value-based marketing model, and Virgin to launch into new markets. As a highly experienced consultant he has worked in every sector and region of the world. As CEO of the worlds largest marketing organisation, the Chartered Institute of Marketing, he became a global authority on whats best and next in business and markets.

    Finding his own space, he founded GeniusWorks, with offices in London and Istanbul. He works with companies big and small, food to fashion, skincare to stock exchanges, high tech to human and brands as diverse as Aeroflot and Banyan Tree, Coca Cola and Club Med, Cooperative and Courvoisier, Davidoff and DSM, Eczacibasi and Fat Face, Fosters and GSK, Hersheys and Mars, M&S and Nestle, Microsoft and O2, Phillips and Philosophy, Red Bull and Sabre, Santander and Skanska, Shell and Tata, Telia and Turkcell, Unilever and VB Beer, Virgin and Visa, Vodafone and Yapi Kredi to think bigger and smarter, develop innovative strategies, bolder brands, and accelerate growth.

    Peters new book Gamechangers: Are you ready to change the world? explores the next generation of business and brands, shaking up markets, innovating and winning in new ways. Based on 100 global case studies, it explores the challenges of new markets, changing customers, brand building, new business models, real-time marketing, harnessing social media, inspiring leadership and positive impact. It has been nominated for Management Book of the Year 2015.

    His other books include Marketing Genius explores the left and right-brain challenges of success, and is translated into 35 languages. It was followed by five others Business Genius on leadership and strategy, Customer Genius on building a customer-centric business, People Planet Profit on sustainable innovation, and Creative Genius, the innovation handbook for business leaders, defining what it takes to be Leonardo da Vinci in the 21st Century.

    Growing up in rural Northumberland, in the north of England, Peter has a love of running that has taken him from a youthful mile champion to still running every day, 35 years later. He now lives in Teddington, to the west of London, surrounded by the Royal Parks of King Henry VI and his hunting deer. He is married with two teenage daughters, who keep him real and in touch with the Snapchat, Netflix lifestyles of Gen Z.

    Inspired by his first job in the airline world, he loves to travel far and wide, indulge in Asian food, together with a well chilled Sauvignon Blanc. His favourite brands range from Ashmei running gear to Rapha cycle club, Paul Smiths fashion design and House Caf in Istanbul, New Yorks MOMA to New Zealands great Moa Beer.

    Peter features in the Guru Radar of Thinkers50, and was described by Business Strategy Journal as one of the best new business thinkers. His advice is sought after by business leaders around the world, he adds specialist expertise to key projects, combining new ideas with practical action, inspiration and impact. Helping you to find your own space, to be leaders of change to be bold, brave and brilliant.

    Email: [email protected]

    Phone: +44 7834483830

    Twitter: @geniusworks

    Website: theGeniusWorks.com

    Peter Fisk

  • www.theGeniusWorks.com