The universal pattern of value creation
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Transcript of The universal pattern of value creation
© Ennova Inc. All rights reserved
Hi, I’m Digit
© Ennova Inc. All rights reserved
Today, I’m here to talk
to you about. . .
The Universal Pattern of Value
CreationWhat’s that?
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This presentation is about how all value innovations follow a common pattern.
All of them?
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Yes, all of them. . .
Let me show you.
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Take a moment to scan these items.
What do they have in common?
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© Ennova Inc. All rights reserved
Take a moment to scan these items.
What do they have in common?
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They all created value.
And they were game changers in their day.
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Cool.
Exactly.
And how they created their value followed a common pattern.
A universal pattern.
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Cool.
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We’ll start by answering the question, what is
value?
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Here’s the definition of value from
dictionary.com
VALUE– the worth of something in
terms of the amount of other things for which it can be exchanged or in terms of some medium of exchange.
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VALUE– the worth of something in
terms of the amount of other things for which it can be exchanged or in terms of some medium of exchange.
PORNOGRAPHYI shall not today attempt further to define the kinds of material I understand to be embraced within that shorthand description, hard-core pornography. . . . but I know it when I see it. (Justice Potter Stewart, 1964)
It doesn’t tell us much….
In fact, it’s similar to this definition. You’re right.
We know it when we see it but we can’t define it.
Wow, all those years in meetings discussing value and we never
knew what it was.
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Universal Human Motivations– Love– Communication– Security– Sweet– Smooth– Power– Belonging– Etc.
Let’s start.
Value creation starts with…..
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Inventions, technologies and new forms of interactions …. …. allow people to express these motivations in new ways.
It’s completed when …..
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Inventions, technologies and new forms of interactions …. …. allow people to express these motivations in new ways.
It’s completed when …..
That’s it?
New technologies
allow new behaviors?
Can you show us some
examples?
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Inventions, technologies and new forms of interactions …. …. allow people to express these motivations in new ways.
Sure.
Let’s look at five historical examples to
expose more.
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No One Knew
They wanted to talk with their friends and
family from the comfort of their own home...
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No One Knew
They wanted to talk with their friends and
family from the comfort of their own home...
...until Alexander Graham Bell invented
the telephone...
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No One Knew
They wanted to talk with their friends and
family from the comfort of their own home...
...until Alexander Graham Bell invented
the telephone...The telephone
Increased human
conversations by trillions.
I like calling Julie for a
date.
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No One Knew
They wanted to deliver packages around the
world overnight...
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No One Knew
They wanted to deliver packages around the
world overnight...
...until FedEx invented the overnight shipping
business…
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No One Knew
They wanted to deliver packages around the
world overnight...
...until FedEx invented the overnight shipping
business… Now businesses depend on overnight delivery.
I had a ring shipped last week to give to
Julie.
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No One Knew
They wanted to drink water anywhere,
anytime...
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No One Knew
They wanted to drink water anywhere,
anytime...
...until Polar Springs introduced the 500ml plastic water bottle...
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No One Knew
They wanted to drink water anywhere,
anytime...
...until Polar Springs introduced the 500ml plastic water bottle...
...expanding healthy
drinking to everyone,
everywhere
I use this when I run.
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No One Knew
They wanted to buy a play simulated sports
indoors...
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No One Knew
They wanted to buy a play simulated sports
indoors...
...until Nintendo created life-like TV
sports...
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No One Knew
They wanted to buy a play simulated sports
indoors...
...until Nintendo created life-like TV
sports...
Julie and I like to play
tennis.
Now seniors exercise more.
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No One Knew
They wanted to share expertise with millions of people in dozens of
countries...
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No One Knew
They wanted to share expertise with millions of people in dozens of
countries...
...until Gutenberg invented the printing
press...
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No One Knew
They wanted to share expertise with millions of people in dozens of
countries...
...until Gutenberg invented the printing
press...The printing
press launched the Renaissance.
We love mysteries.
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Let’s review
You start with human motivations. . .
Human Motivation + Disruptor -> New
Behaviors -> Relationships grow
Like wanting to communicate with friends. Or learning
something new.
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You provide them with a disruptor
Like the phone.Or the printing
press, or the internet, or Facebook.
Human Motivation + Disruptor -> New
Behaviors -> Relationships grow
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The disruptor enables a new behavioral norm to
emerge.
Like the talking on the phone.
Or reading, or surfing the net.
Human Motivation + Disruptor -> New
Behaviors -> Relationships grow
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Which enhances their relationships with: time, space, people, objects,
etc.
With the phone I can talk to my friend anytime. Or see what
Julie is doing on Facebook.
Human Motivation + Disruptor -> New
Behaviors -> Relationships Grow
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THE UNIVERSAL PATTERN OF VALUE CREATIONMotivation + Disruptor -> New Behavior -> ∆ Relationships
Stay connected, communicate
Phone Phone call Instant, and expanded communication
Share things, artifacts, etc.
FedEx Overnight shipping Rapid, last minute document delivery
Quench thirst 500ml Plastic bottle Carry water bottles Water everywhere
Exercise, compete Nintendo Wii Life-like indoors sports
Increased health
Share knowledge Printing press Publish books Renaissance Revolution
It’s the universal pattern of
value creation.
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THE UNIVERSAL PATTERN OF VALUE CREATIONMotivation + Disruptor -> New Behavior -> ∆ Relationships
Stay connected, communicate
Phone Phone call Instant, and expanded communication
Share things, artifacts, etc.
FedEx Overnight shipping Rapid, last minute document delivery
Quench thirst 500ml Plastic bottle Carry water bottles Water everywhere
Exercise, compete Nintendo Wii Life-like indoors sports
Increased health
Share knowledge Printing press Publish books Renaissance Revolution
It’s the universal pattern of
value creation.
It’s been around for
thousands of years.
And it doesn’t change.
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So, that’s what the universal pattern of value creation is all about.
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Imagine if your organization had a common tool and language to assess the new value you wanted to create?
And you could tell whether it met the criteria for
game changing. . .
. . .before you launched it.
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Human Motivation + Disruptor -> New
Behaviors -> Relationships Grow
What value could you unlock?
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If you’d like more info.
Call us and ask for John.
Tell him Digit sent you.
Ennova Inc.Toronto, Ontario1-888- 6ennova905-294-8050 (local)[email protected]
We’ll send you a free starter kit.