SHIFT Happens! BIG CHANGE AND WHAT TO DO ABOUT IT
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Including insights from John Hurley; John Seeley Brown; Lang Davison; Deloi7e Center for the Edge; Robert J. Gordon; Tomas Sedlacek; Daniel Pink; Richard Florida SHIFT Happens Barbara Shannon GreatChangeBox.com
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The story of HUGE change affecting us all and few BIG SHIFT things you can do to make today's changes work for your business and your life.
Transcript of SHIFT Happens! BIG CHANGE AND WHAT TO DO ABOUT IT
Including)insights)from)John%Hurley;%John%Seeley%Brown;%Lang%Davison;%Deloi7e%Center%for%the%Edge;%Robert%J.%Gordon;%Tomas%Sedlacek;%Daniel%Pink;%Richard%Florida%
SHIFT Happens
Barbara Shannon GreatChangeBox.com
You$can’t$run$this$business$by$the$le2,$intellectual,$analy4cal$side$of$the$brain.$We$are$in$the$arts$and$entertainment$business,$and$we’re$pu<ng$a$huge$emphasis$on$crea4vity$and$world?class$design.$GM$Vice$Chairman$Bob$Lutz$$
At$Nike$we$go$beyond$process$efficiencies.$Clear$goals,$great$people,$empowerment$and$trust$move$faster$and$beKer$than$too$much$process.$$Nike$CIO$–$Roland$Paanakker$
TOMAS&SEDLACEK&
&Global&Business&Transforma:on&Summit&
&Global&Business&Transforma:on&Summit&
GROWTH)IS)KILLING)BUSINESS!)
&&BUT&THAT’S&UNAMERICAN!&
YES!)
Making)a)Difference!)
Learning!)
Autonomy!)
COMPUTING&POWER&Digital&Storage&Bandwidth&
The%ShiG%Index%2011%
CONNECTION
INFRASTRUCTURE&Internet&Users&
Wireless&Subscrip:ons&&
The%ShiG%Index%2011%
CONNECTION
5X&
2X&
ECONOMIC&FREEDOM&$
The%ShiG%Index%2011%
CONNECTION
PHYSICAL&FLOW&Migra4on$to$crea4ve$ci4es$Travel$volume$Movement$of$capital$
The%ShiG%Index%2011%
FLOW
VIRTUAL&FLOW&Inter?firm$knowledge$
Wireless$ac4vity$Internet$ac4vity$
$
The%ShiG%Index%2011%
FLOW
AMPLIFIERS&Worker$passion$
Social$Media$The%ShiG%Index%2011%
FLOW
The%ShiG%Index%2011%
COMPANIES&Asset$Profitability$
ROA$Performance$Gap$Firm$Topple$Rate$Labor$Produc4vity$
IMPACT
The%ShiG%Index%2011%
ROA$for$US$Companies(1965$–$2010)$
Topple$rate$for$companies$>$100M$increased$40%$over$firms$<$100M$
>$100M$Sales$
FIRM$ROA$TOPPLE$RATES$(1965$–$2010)$
Low&Increase& Moderate&Increase&
High&Increase&Increase$
Sta4
c$De
crease$
ROA$
Labor&Produc:vity*&
*%Output%of%goods%and%services%per%%labor%hours%required%to%produce%that%output%
ROA$of$US$companies$=$¼$of$what$it$was$in$1965$$
Topple$rate$of$big$companies$accelera4ng$at$3X$rate$of$smaller$firms$$$$$
Average$tenure$in$S&P$2011$=$10$–$20$years$VS$50$–$100$YRS$in$1965$$
Employees$want$meaning$over$money!$$$
But$what$drives$FLOW?$
Deloi7e%Passionate%Workforce%Study%2011%%
When$people$engage$passionately$with$their$work,$they$seek$ways$to$connect$with$others$who$share$their$passion$and$who$can$help$them$improve$faster.$DeloiTe&ShiU&Index&
PASSION
1$–$99$ 100$–$999$$
1000$–$4000$$
! 5000$
MORE SMALL MORE PASSION Passionate$Engaged$Passive$Disengaged$
What To Do?
BE SMALL!
CONNECT!
SHIFT to the Right
MIND THE GAP
BIG&IS&BIG & & &&Bigger&is&beTer&Seeking&Growth&Acquire&to&Grow&
ACCELERATE&THROUGH&EFFICIANCY &&Structure&to&Scale&Efficiency& & &&Product&Driven&Standardiza:on &&Push & & & &&Transac:ons &&Protec:ng&IP & &&Innova:ng&on&the&Edge & &&Hierarchies&Performance&Targets&
HIGH&VALUE&SKILLS & & &&Explicit&Knowledge & &&Pursuit&of&Excellence & &&Performance&Reviews & &&
&& &&
SMALL&IS&BIG&Too&big&and&too&fast&fails&Seek&Sustainability&Organic&Growth&+&Though\ul&Acquisi:on&&ACCELERATE&THROUGH&RELATIONSHIPS$Structure&to&Scale&Talent&Customer&Driven&Customiza:on&Pull&Partnerships&and&Trust&Sharing&for&Value&&Innova:ng&from&the&Core&&Meritocracies&Purpose/Mastery/Control&&
HIGH&VALUE&SKILLS&Tacit&Knowledge&Passionate&quests&Real&Time&Feedback&$
NOW!& THEN&
