making your - ANVR Michael Levie.pdfNEW ECONOMY $35.00 bn $81.16 bn BRAND VALUATION Income Cost...
Transcript of making your - ANVR Michael Levie.pdfNEW ECONOMY $35.00 bn $81.16 bn BRAND VALUATION Income Cost...
making your
strategies for success in a global economy
BLUE OCEANMAKING YOUR COMPETITION IRRELEVANT
PROCESS
CONTENT
CONTEXT
CONTENT PROCESS
CARTRAIN
BOATPLANE
TRANSPORTATION
CAR TRAIN
BOAT PLANE
LEISURE
NEW CONTEXT FOR HOSPITALITY
Luxury Hotels
Mid-market Hotels
DEFINE THE CATEGORY
“By being everything to everyone you're nothing to anyone”- Stephen Herfst
Focus is often a matter of deciding what things you’re not going to doJohn Carmack
costconstruction costs
operational costs
MODULAR CONSTRUCTION
ASSET HEAVY STRATEGY
value
luxury
BRAND
proposition: living, bar and efficient room
position: experience
market: specific niche
approach: digital, tech
NEW ECONOMY
$35.00 bn
$81.16 bn
BRAND VALUATION
Income
Cost
EBITDA
Direct comparison
HOW CAN WE CHANGE OUR VALUE CONTEXT?
COMPARED*
$12.17 bn
$11.61 bn
$28.45 bn
$46.72 bn
* July 2-19 data
RAOK
OUR FUTURE
HOTEL? / OFFICE? / HOME? / NETWORK?
compete
beat competition
segmentation
value-cost trade-off
differentiated
competition irrelevant
channel and digital
new business processes
RED OCEAN BLUE OCEAN
Age is an issue of mind over matter
If you don’t mind, it doesn’t matter
Mark Twain
YOUNG THINKINGThe anti “millennial” conversation
NO
yes