LeaderLens Christine Arena

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LeaderLen s The Participation Economy December 15, 2010 Twitter hashtag #LeaderLens

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FREE webinar with CSR expert Christine Arena, as part of Interaction Associates' LeaderLens series.

Transcript of LeaderLens Christine Arena

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LeaderLensThe Participation EconomyDecember 15, 2010

Twitter hashtag #LeaderLens

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2© Interaction Associates Inc 12/15/2010 The Participation Economy

Ashley WelchDirector, Leadership & SustainabilityInteraction Associates

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Logisitics

Send your

questions

“fit in viewer”

QuestionsQuestions

Twitter hashtag #LeaderLens

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Christine ArenaCEO, sparkUpAuthor, High Purpose Companywww.christinearena.com

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Today’s Conversation

What does the “Participation Economy” mean and why do you consider this a meta-trend?

What does a strategy for the “Participation Economy” look like?

What tools can leaders and organizations use to better engage stakeholders and innovate?

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What does the “Participation Economy” mean and why do you consider this a meta-trend?

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The Attention Economy

The Attraction Economy

The Participation Economy

1950 - 1989 1990 - 2005 2006 - Today

The Participation Economy represents a shift in

power, and unprecedented opportunity.

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The participation economy is more about sharing ideas than making purchases. When we participate, we join a larger community around an idea. That social dynamic is fluid and natural and it’s a hotbed of innovation. More and more, we will see that the best ideas, products and services create an opportunity for participation.

– Kevin Roberts, CEO of Saatchi & Saatchi Worldwide

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This is a world of technology-enabled transparency, openness and two-way dialog with stakeholders. If you’re not willing to engage, if you can’t tolerate a world where you’re sharing information and getting inputs from lots of different people, then you’d better find a new profession.

– Jeffrey Immelt, CEO of GE

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What does a strategy for

the “Participation Economy”

look like?2

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Reactive

Proactive

Collaborative

Where Are

You Now?

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What tools can leaders and

organizations use to better

engage stakeholders and

innovate?

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sparkUp

1.Start by listening and using feedback.

2.Engage people inside the organization.

3.Develop products with consumers, not for them.

4.Focus on creating a better experience.

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Questions

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Ashley WelchDirector, Leadership & Sustainability

[email protected]

Twitter hashtag #leaderlens

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WHAT

WHO Shannon HorstCEO, Savory Institute

Holistic Management

January 19, 2011WHEN

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Thank you!

Webinar on demand at:interactionassociates.com/ideas