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Outrunning the Tsunami of Change
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Transcript of Outrunning the Tsunami of Change
HELPING CLIENTS EXPERIENCE TRANSFORMATION
7 Keys to Leadership in a World of Unknowns
Outrunning the Tsunami of Change
Friday, October 7, 11
HELPING CLIENTS EXPERIENCE TRANSFORMATION
it is 2000Friday, October 7, 11
HELPING CLIENTS EXPERIENCE TRANSFORMATION
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
Value: i.e. Warren Buffett
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
switches strategies2005
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
april 2008Friday, October 7, 11
HELPING CLIENTS EXPERIENCE TRANSFORMATION
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
$1 = $.50$1 = $1000
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
2 years of income in lost wealth
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
what did he see?
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
the rules changed
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
why?
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
aspergerssyndrome
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
tour guide
frameworkFriday, October 7, 11
HELPING CLIENTS EXPERIENCE TRANSFORMATION
2011 Economic Score Card•Construction & Real Estate
•renovation up 25%
•public sector flat
•private sector off 40%
•@17% vacancy in Denver
•8,000,000 jobs lost•100,000 jobs/month to keep even
•Estimated 10 years to climb back to pre-2008 levels
•GDP @$14.5 trillion 2008 - 2011•Companies are profitable but holding cash
•Government dysfunction creates uncertainty
•European uncertainty
•Our banking system is weak•Financial industry has returned to pre-2008 behavior
Friday, October 7, 11
HELPING CLIENTS EXPERIENCE TRANSFORMATION
2011 Summary of Score Card
•Low Demand
•More Output with Less
•Uncertainty
•Old Behaviors
•Lack of Confidence in Leadership
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Friday, October 7, 11
Eras of Rule Change
AncientKingsPositionEldersAgriculture
Oral Age Print Age
Modern Era Elected Credentials Experts Factory
Prin%ng Press1455
CRISIS
Television1950
Broadcast Age
ContemporyVisionariesAppealInfluentialsService
CRISIS
Internet1992
Digital Age
Post ModernGrass RootsCommunityCreativesFederation
CRISISAuthority
CredentialsInfluenceCommerce
Friday, October 7, 11
HELPING CLIENTS EXPERIENCE TRANSFORMATION
7 Mega-Shifts
1.Turbulence and Uncertainty
2.Low Trust
3.Smaller Footprint
4.Generation Tsunami
5.Digital Natives
6.Mobility
7.Death of the Industrial Mindset
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Different Seas Different Ships
The New NormalFriday, October 7, 11
HELPING CLIENTS EXPERIENCE TRANSFORMATION
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
Silents: 1925 - 1942 (86-69)Boomers: 1943 - 1960 (68-51)GenX’rs: 1961 - 1981 (50-30)Millennials: 1982 - 2000 (29-11)New Silents: 2001 -
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Boomer55%
GenX33%
Millennials12%
2011
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Boomers28%
GenX24%
Millennials48%
2018
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Digital Immigrants Digital Natives
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Print Linear, Sequential, Rational, Hierarchical, Autonomous
BroadcastFluid, Fragmented, Emotional, Flat, Isolated
Digital/InteractiveHolistic, Non-linear, Whole-Brain Systems Thinkers, Interconnected, Self-Organizing
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What does it mean to have an organization of
mobile knowledge workers?
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
What is the Real Crisis?
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Sutter Health Past Experience
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•$300-$500 billion annual WASTE(buildingSmartAlliance)
•50%+ Waste in the System(buildingSmartAlliance and Lean Construction Institute)
•70% Over Budget and Late(Egan report)
•48% of Green House Gases (Energy Info Admin Statistics and Pew Climate report)
Results of a Broken System
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
•Labor = 50% @ 30% efficiency = 35% waste
•Materials = 40% @ 70% efficiency = 12% waste
•QTO = up to10% of the cost
•Change orders between 2-10% of the cost
•Contingencies up to 7%
•Team Learning Curve = 5%+
•3-7% is lost in project cost reduction by not maximizing Construction Tax Planning
Uncovering the Hidden Waste
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
7 Keys to Leading A Movement
1.Motive: Adventure, Fear or Fed-Up2.Find Like-Minded Souls3.Get Cover4.Study the Outliers5.Connect the Dots6.Create Proof of Concept7.Be the Change You Want to See
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
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Who we are so far…
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
Aardex - Signature CenterGolden, Colorado
LEED Platinum
$3/sqft less than conventional
21% lease premium
- 45%
Tenants reported increased productivity
Built-In
Sustainability
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Sutter Health Now Experience
BeforeNow
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
HS Wright/Balfour & SERA500,000 square feetCMc47 monthsSave 15 - 27 months of designZero energy
GSA
Edith Green
Wendell Wyatt
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
Improvements
•Tools Alone - 5% - 7%
•Principles Alone - 10% - 15%
•Principles AND Tools - 15% - 30%+
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
10,400 out of
4.7 millionFriday, October 7, 11
HELPING CLIENTS EXPERIENCE TRANSFORMATION
EMPI
RE S
TATE
BUI
LDIN
G (3
8%)
35%
30%
25%
20%
15%
10%
5%
8.8 Year Payback
11 Year Payback
12.2 Year Payback
BALT
IMOR
E (2
1.5%
)
NEW
PORT
BE
ACH
(15.8
%)
0 3 6 9 12 15 18 21 24 27 30
* NAIOP results under 25% improvements and average a 10 year payback
Energy Savings Improvement
CHIC
AGO
(23%
)
26 Year Payback
NAIOP study results*
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
A Brown Process Can Not Create a Green Solution
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
Workplace Performance
Holy Grail
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
2.0
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
Performance and Resilience
1.Cultural Alignment2.Engagement3.Well-Being4.Work Flow5.Health & Safety6.Tools7.Teams
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
7 Keys to Leading A Movement
1.Motive: Adventure, Fear or Fed-Up2.Find Like-Minded Souls3.Get Cover4.Study the Outliers5.Connect the Dots6.Create Proof of Concept7.Be the Change You Want to See
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•Shirtless Dancer? - Michael Burry
•First Follower? - Mindshift
•Wait Until there is a Crowd? - Green Movement
•Sit and Watch?
Call To Action
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HELPING CLIENTS EXPERIENCE TRANSFORMATION
Friday, October 7, 11
HELPING CLIENTS EXPERIENCE TRANSFORMATION
www.rexmiller.net
www.thecrerevolution.com
twitter: @mrmiller
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