How to Drive Business Model Transformation Inside a Company

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Gerrard Fisher Special Advisor WRAP UK How to Drive Business Model Transformation Inside a Company Zoë Arden | @zoearden Director SustainAbility Coleen Chapman VP, Global Responsibility & Public Policy Starbucks Megan Kitchen Environmental & Ethical Affairs Manager Home Retail Group

Transcript of How to Drive Business Model Transformation Inside a Company

Page 1: How to Drive Business Model Transformation Inside a Company

Gerrard Fisher Special Advisor WRAP UK

How to Drive Business Model Transformation Inside a Company

#SB15London

Zoë Arden | @zoearden Director SustainAbility

Coleen Chapman VP, Global Responsibility & Public Policy Starbucks Megan Kitchen Environmental & Ethical Affairs Manager Home Retail Group

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How to Drive Business Model Transformation Inside a Company

#bizinnovation

Sustainable Brands 16 November 2015

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Zoë Arden Director SustainAbility

Panelists

#bizinnovation

HOW TO DRIVE BUSINESS MODEL TRANSFORMATION INSIDE A COMPANY

Gerrard Fisher Special Advisor Business Models & Electronic Products, WRAP/Argos

Megan Kitchen Environmental and Ethical Affairs Manger at The Home Retail Group

Simon Redfern Director of Corporate Affairs, EMEA, Starbucks

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“The fundamental structures for how companies create, deliver and capture value.”

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What is a Business Model? HOW TO DRIVE BUSINESS MODEL TRANSFORMATION INSIDE A COMPANY

Osterwalder and Pigneur

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HOW TO DRIVE BUSINESS MODEL TRANSFORMATION INSIDE A COMPANY

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Business Model Innovation is Key to Meeting Human Needs Within Planetary Limits.

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HOW TO DRIVE BUSINESS MODEL TRANSFORMATION INSIDE A COMPANY

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What Kind of Business Model Shifts?

New pharma?

New media?

New food/bev?

New energy?

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Business Model Innovations for Sustainability

Closed-Loop Production Produce on Demand Rematerialization Buy One, Give One Cooperative Ownership Inclusive Sourcing Building a Marketplace Differential Pricing Microfinance Micro-Franchise Crowdfunding Freemium

Innovative Product Financing Pay for Success Subscription Model Alternative Marketplace Behavior Change Product as a Service Shared Resource

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Business Model Innovation By Company Size

SME (-1,000 employees) Large (+1,000 employees)Global Fortune 500

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How can a Company Create the Conditions for a Business Model Shift

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Report Highlights

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HOW TO DRIVE BUSINESS MODEL TRANSFORMATION INSIDE A COMPANY

Three Factors Influencing Business Model Shifts

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HOW TO DRIVE BUSINESS MODEL TRANSFORMATION INSIDE A COMPANY

Three Factors Influencing Business Model Shifts

External Conditions

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HOW TO DRIVE BUSINESS MODEL TRANSFORMATION INSIDE A COMPANY

Three Factors Influencing Business Model Shifts

Company Culture

External Conditions

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HOW TO DRIVE BUSINESS MODEL TRANSFORMATION INSIDE A COMPANY

Three Factors Influencing Business Model Shifts

External Conditions

Company Culture

Inidivdual Innovator

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HOW TO DRIVE BUSINESS MODEL TRANSFORMATION INSIDE A COMPANY

Factor 1: External Conditions

External Conditions

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HOW TO DRIVE BUSINESS MODEL TRANSFORMATION INSIDE A COMPANY

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External Conditions – Constraints

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HOW TO DRIVE BUSINESS MODEL TRANSFORMATION INSIDE A COMPANY

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External Conditions - Momentum

Digitization

Collaborative Economy

Circular Economy

Density

Consciousness

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HOW TO DRIVE BUSINESS MODEL TRANSFORMATION INSIDE A COMPANY

Factor 2: Company Culture

Company Culture

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HOW TO DRIVE BUSINESS MODEL TRANSFORMATION INSIDE A COMPANY

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Leveraging Company Culture

Collaboration Deflate Hierarchies Comfort with Failure Supportive Leadership

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HOW TO DRIVE BUSINESS MODEL TRANSFORMATION INSIDE A COMPANY

Factor 3: Individual Innovator

Inidivdual Innovator

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Acting With Intention

Focus on value

Build the business case

Align innovation metrics

Mine your network

Map the model

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Map the Model

Simply educating employees about how the company generates value can advance dialogue about business model innovation.

Value Chain Map Generic Retail Bank Source: SustainAbility

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Focus on Value

Applying a systemic perspective to a company’s current model helps to not just sell more stuff, but create more value.

Value Mapping Tool Source: Broken et al. 2013

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What might the future hold?

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Zoë Arden Director SustainAbility

Panelists

#bizinnovation

HOW TO DRIVE BUSINESS MODEL TRANSFORMATION INSIDE A COMPANY

Gerrard Fisher Special Advisor Business Models & Electronic Products, WRAP/Argos

Megan Kitchen Environmental and Ethical Affairs Manger at The Home Retail Group

Simon Redfern Director of Corporate Affairs, EMEA, Starbucks

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Zoë Arden, Director @zoearden