The change imperative

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    21-Oct-2014
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    Business

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Change is upon us, faster than ever before. We need to adapt, as individuals and as organisations to be able to thrive in rapidly changing environments.

Transcript of The change imperative

Page 1: The change imperative
Page 2: The change imperative

Hello!

I am Manu Prasad, and my job title is Director – Social Strategy

I was reasonably happy with that until I heard about the Vice President of Electricity

www.manuscrypts.com

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Vice President of Electricity

A common title in the early 1900s -

during the first years of electricity, when

it was regarded a complex phenomenon.

It didn’t disappear because electricity did.

Rather, electricity became so ubiquitous

that a specialised role became irrelevant

Photo: https://dribbble.com/AndersJilden

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It made me ask myself

Was obsolescence my future? I took it

rather personally, until another

realisation hit me

Photo: Gabe Rodriguez

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It isn’t just me

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The boat is filling up fast!

via http://www.asymco.com

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It isn’t just the internet either

Digital doesn't respect boundaries.

Regardless of the industry, digitisation

will uncover inefficiencies and create

value.

~ Mike Arauz @mikearauz

Photo: Sylwia Bartyzel

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Ask the thriving GAFA guys

They are consistently redefining their boundaries, and transforming entire

industries. Photo: http://bilde.digi.no/

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Google everywhere

Changing drivers’ lives is just the beginning. Advanced Robotics (acquisitions like Schaft, DeepMind) will change work as we know it.

Project Loon’s balloons will change the way we access the web

Glass changes the way you perceive the world while sensors - Nest, Dropcam - change the way Google sees our homes.

Get healthy with Google Fit, even as Calico works towards changing the way we age!

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iCanChangeAnything

Apple transforms entire domains! We have seen it happen before – the iPod, iPhone, iPad.

Photo: Luke Chesser

iWatch hype is at fever pitch now, but there’s more – from home automation, Apple TV, and CarPlay to iCloudDrive and Swift - a programming language.

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Not just a phase

With its acquisitions, Facebook is dominating ‘social’ and ‘media’.

Parse will help them be the glue that connects different OS.

Photo: http://letrario.com.br/

‘Moves’ is a move into fitness tracking and wearables, and Oculus will help them change our view of ‘reality’.

And if all that wasn’t enough, their drones are around to change the way we access the web.

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“An API for the material world”

Firefly aims to change the way we shop. At some point, drones will change delivery in the front end, even as Kiva works on material handling robotics at the back end. The complete fulfillment machine!

Photo: http://theguardian.com; Title: Marcus Wohlsen

Amazon wants to own retail – cloud and

ground. Everything else is cheap change!

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But they’re only part of the story

Across the globe, and beyond robotics,

wearables and internet access, there

are thousands of entities who have

either changed or want to change the

world, and they will impact us too.

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The Alpha bets of change

Covering as many diverse domains as possible, from money and energy to love and news, a tiny sample of a rapidly transforming world - 26 harbingers of change from A-Z.

Disclaimer: They are neither exhaustive nor always the best representative of their domain. Some of them might not even survive as a business model. But they will change the status quo.

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AIRBNB Changing hospitality

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BITCOIN Changing money

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COURSERA Changing education

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DOOR TO DOOR ORGANICS Changing local produce dynamics

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EMOTIV Changing brain ‘hacking’

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FIN Changing digital interfaces

Made in Cochin – my hometown

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GEOFLUENT Changing ‘Babel’

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HADOOP Changing data storage & processing

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INDIEGOGO Changing funding

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JUSTIN BIEBER Changed beliefs!

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KIVA Changing microfinance

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LINKEDIN Changing employment

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MAKERBOT Changing manufacturing

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NETFLIX Changing entertainment

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OKCUPID Changing love

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PLOTWATT Changing energy management

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QUARTZ Changing news economics

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RENT THE RUNWAY Changing fashion

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SOYLENT Changing food and nutrition

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TASKRABBIT Changing chore handling

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UBER Changing rides

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VIRGIN GALACTIC Changing travel destinations

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WATSON API Changing cognitive computing

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XY Changing object tracking

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YERDLE Changing currencies of value

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ZIMRIDE Changing commute sharing

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So yes, from A-Z, change is the key

Accessibility (to resources) is changing

Production is changing

Distribution is changing

Consumption is changing

What happens to business models built to scale stability, when

everything is changing rapidly?

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Here’s a reality check

What someone out there thinks of

your business model and its entry

barriers!

Photo:www.wallarc.com

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Money won’t save you

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The only kind of scale that exists is

user demand

Photo: Daniel Ebersole

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There’s an easy way to approach this

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And there’s a hard way

via undercurrent.com

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The choice is yours Image: http://www.myentertainmentworld.ca/

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You can plan, but you can’t predict

'Sometimes your only available transportation is a leap of faith.‘

~ Margaret Shepard

Photo:: Victor Erixon

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Change is inevitable, for you and me

www.manuscrypts.com

“You sound like

you're looking

forward to it.”

“I'm adaptable.”