Leaders amplify potential by enabling teams to achieve more. They do this through a more collaborative and coaching approach, rather than top-down management.
Their starting point however, is the future. Leaders are the drivers of vision and change, but also enablers of innovation and growth. They create an inspiring vision of the future, make sense of change, build a sense of possibility. They make new connections, bringing together diverse talent, activities and partners.
Elon Musk leads through inspiring vision. Jack Ma leads with cult following. Mark Parker leads with collaborative innovation. Mark Zuckerberg leads by doing stuff. Every leader leads a little differently, and leadership itself can be found at every level of the organization.
The 21st century business leader is different. Whilst past leaders won through hierarchy and power, the world has changed. Technology enables new ways of working, organization structures have inverted, and organisations win through collaboration inside and out. The old model was about 2C – command and control. The new model is about 4C – catalyst, coach, connector and communicator.
Leadership is about the personal actions that drive business performance, individually and collectively. Whilst many thinkers address leadership as a distinctive capability, it is the cog that makes everything happen. Leadership cannot be developed in isolation, but in the context of business futures and actions.
Peter Fisk inspires leaders to think bigger, think different and think smarter. As a corporate leader or entrepreneur, innovation leader or market leader, he helps you to see things differently, to think different things. He works with you to make sense of change, to build winning leadership teams, and to then develop the plans, drive the innovation that will drive performance today and tomorrow.
Wowness … We live in a time of incredible change.
- We will see more change in next 10 years than last 250 years
- Beyond digital – robotic and human, local and global, economic and social
- In every sector, clients and their clients see fast disruption, change and risk
- Change is challenging and scary, but also full of incredible new possibilities
- Alibaba to Amazon, GE to GoogleX, SpaceX to Xiaomi – and in banking too!
- How do you make sense of this world? How do you innovate? How do you win?
Leadership … Leaders shape the future, to their advantage.
- The mindset shift – “fixed mindset” to “growth mindset” – head up or head down
- Real leaders – Jeff Bezos, Richard Branson, Jack Ma, Elon Musk – and your value
- The 3Cs of Leadership – catalyst, connector and coach – how will you use them?
- Smarter choices, questions not answers, sense and respond, give and take
- What is a “digital” leader, a “client-centric” leader, a “growth” leader?
- Positive and collaborative, fast and agile … be exponential … 10x not 10%
Courage … We are all in the future business. Time to find your greatness.
- You’re doing well. You’re a leader. Why do you need to change, and how?
- You have a fantastic new platform … Now is the time to think and act differently.
- Consider your “ikigai” (personal drive) and “ubunto” (what you can do together)
- Real leaders – Martin L. King, John F Kennedy, Zinadine Zidane – and your legacy
- We are all in the future business – it will take grit, passion, vision and courage
- Time to find your greatness … What is one one brave thing you will do different?
Explore more
- Article: The 10x Leader
- Article: Amplifying Potential
- Article: Are you the Einstein or Picasso of Business?
- Article: Moonshot Thinking
- Article: What will you do when you grow up? ..
- Book: “Gamechangers: Are you ready to change the world?“
- Book: “Business Genius: A more inspired approach to leadership”
- Workshop: “Gamechangers Program: Leading for smarter innovation and profitable growth”
- Workshop: “Inspiring Leadership … future, people and change“
- Building a bank of the future (the challenges and opportunities)
- How banks can innovate for innovators (SMEs and entrepreneurs)
https://www.youtube.com/watch?v=2Q2jCY2wUVo
Innolab is a fast and focused process for strategy and innovation, brands and marketing projects.
The process helps you to accelerate your best ideas to market, working with your key people, stretching and shaping their thinking, and guiding them through the phases of insight and ideation, design and evaluation, strategy and implementation. The process is built around three key workshops, typically two-days each, with some work in between:
- Future Lab – opening up through insight and ideation, from the future back
- Innovation Lab – creatively shaping and evaluating the best concepts
- Action Lab – defining a strategy and implementation plan
Innolab is a well structured, practical and proven process for taking your team rapidly through the phases of problem-solving and creative development. It can be used for any form of business or brand strategy development, innovation of new products, concepts and businesses.
Building patient-centric brands
Pharma companies often express their desire to be patient-centric organisations. Whether “inspired by patients, driven by science” (UCB); “science and patients … the heart of everything we do” (AstraZeneca); or being “a global integrated healthcare leader focused on patients’ needs” (Sanofi), the industry has enthusiastically grasped the idea of patient-centricity. Of course, its how they behave, not just what they say that matters. But an orientation around patients is a good starting point, to thinking and behaving in a more human, relevant and outcomes-driven way.
In simple terms, patient-centricity means placing the patient at the centre of business activity and to consider how decisions about business will affect the patient. This seems far-fetched but there are in fact many aspects of a pharma company’s operation that can be re-imagined to be more aligned with the interest of the patient. They include:
- Drug Discovery
- Formulation
- Drug Delivery Device Development
- Clinical Trial Design
- Marketing
- Communications
- Sales
- Supply-Chain Management.
What is most significant is in how patient-centric thinking truly permeates leadership and decision making, and in particular
- Leadership that drives the culture in every one of its words and actions
- Business innovation that embraces it in business models and strategic development
- Strategic planning that reformats future plans around patients not sales first
- Payment models built around outcomes not traditional reimbursements
- Performance incentives likewise built around patients
Fortunately for patients in need of better therapies and experiences, the vast majority of pharma companies have started a journey towards more patient-centricity. While no hard metrics exist that can track success of such initiatives, annual patient-centricity ranking and awards published by industry organizations nevertheless attempt to provide a degree of feedback to the industry.
In a 2013 survey on patient-centricity by research firm Patient-View, for example, ViiV Healthcare (the GSK & Pfizer joint venture focussed on HIV therapies), Gilead, AbbVie, Menarini and Janssen occupied the top 5 spots. Fast forward to 2016 and a review of the eyeforpharma Barcelona Awards 2016 shows not a single one of these companies won in the “Most Valuable Patient Initiative or Service” category, arguably the award most focussed on patient-centricity. Instead, Sanofi took the top spot, and Merck, Roche, Novartis and TEVA were the remaining nominees. UCB, with its renewed focus on the patient, did particularly well that year with 3 nominations and 1 award across categories.
It is noteworthy that even generic pharma companies are focusing more on the patient. The behemoth of the category, TEVA, has a number of initiatives in this space, and the CEO of Dr. Reddy’s Laboratories, India’s largest maker of generic pharmaceuticals, recently shared in an interview that all innovation at his company has to be patient focussed.
Patient-centricity in pharma is not a fad – it is decidedly here to stay. The reason for this is very simple: Being patient-centric is good for the bottom line. In a 2015 survey by Pharma Marketing News, an impressive 86% of pharma executives either agreed or strongly agreed that “a focus on patient-centricity is the best route to future profitability”.
More:
Developing a patient-led brand strategy, white paper by Couch
2017 the year of patient-centric creativity, 6 steps to get started, article by ZineOne
Humanising the patient-centric brand experience with social media, ebook by Aspire
Innolab is a fast and focused process for strategy and innovation, brands and marketing projects.
The process helps you to accelerate your best ideas to market, working with your key people, stretching and shaping their thinking, and guiding them through the phases of insight and ideation, design and evaluation, strategy and implementation. The process is built around three key workshops, typically two-days each, with some work in between:
- Future Lab – opening up through insight and ideation, from the future back
- Innovation Lab – creatively shaping and evaluating the best concepts
- Action Lab – defining a strategy and implementation plan
Innolab is a well structured, practical and proven process for taking your team rapidly through the phases of problem-solving and creative development. It can be used for any form of business or brand strategy development, innovation of new products, concepts and businesses.
Building patient-centric brands
Pharma companies often express their desire to be patient-centric organisations. Whether “inspired by patients, driven by science” (UCB); “science and patients … the heart of everything we do” (AstraZeneca); or being “a global integrated healthcare leader focused on patients’ needs” (Sanofi), the industry has enthusiastically grasped the idea of patient-centricity. Of course, its how they behave, not just what they say that matters. But an orientation around patients is a good starting point, to thinking and behaving in a more human, relevant and outcomes-driven way.
In simple terms, patient-centricity means placing the patient at the centre of business activity and to consider how decisions about business will affect the patient. This seems far-fetched but there are in fact many aspects of a pharma company’s operation that can be re-imagined to be more aligned with the interest of the patient. They include:
- Drug Discovery
- Formulation
- Drug Delivery Device Development
- Clinical Trial Design
- Marketing
- Communications
- Sales
- Supply-Chain Management.
What is most significant is in how patient-centric thinking truly permeates leadership and decision making, and in particular
- Leadership that drives the culture in every one of its words and actions
- Business innovation that embraces it in business models and strategic development
- Strategic planning that reformats future plans around patients not sales first
- Payment models built around outcomes not traditional reimbursements
- Performance incentives likewise built around patients
Fortunately for patients in need of better therapies and experiences, the vast majority of pharma companies have started a journey towards more patient-centricity. While no hard metrics exist that can track success of such initiatives, annual patient-centricity ranking and awards published by industry organizations nevertheless attempt to provide a degree of feedback to the industry.
In a 2013 survey on patient-centricity by research firm Patient-View, for example, ViiV Healthcare (the GSK & Pfizer joint venture focussed on HIV therapies), Gilead, AbbVie, Menarini and Janssen occupied the top 5 spots. Fast forward to 2016 and a review of the eyeforpharma Barcelona Awards 2016 shows not a single one of these companies won in the “Most Valuable Patient Initiative or Service” category, arguably the award most focussed on patient-centricity. Instead, Sanofi took the top spot, and Merck, Roche, Novartis and TEVA were the remaining nominees. UCB, with its renewed focus on the patient, did particularly well that year with 3 nominations and 1 award across categories.
It is noteworthy that even generic pharma companies are focusing more on the patient. The behemoth of the category, TEVA, has a number of initiatives in this space, and the CEO of Dr. Reddy’s Laboratories, India’s largest maker of generic pharmaceuticals, recently shared in an interview that all innovation at his company has to be patient focussed.
Patient-centricity in pharma is not a fad – it is decidedly here to stay. The reason for this is very simple: Being patient-centric is good for the bottom line. In a 2015 survey by Pharma Marketing News, an impressive 86% of pharma executives either agreed or strongly agreed that “a focus on patient-centricity is the best route to future profitability”.
More:
Developing a patient-led brand strategy, white paper by Couch
2017 the year of patient-centric creativity, 6 steps to get started, article by ZineOne
Humanising the patient-centric brand experience with social media, ebook by Aspire
Innolab is a fast and focused process for strategy and innovation, brands and marketing projects
The process helps you to accelerate your best ideas to market, working with your key people, stretching and shaping their thinking, and guiding them through the phases of insight and ideation, design and evaluation, strategy and implementation. The process is built around three key workshops, typically two-days each, with some work in between:
- Future Lab – opening up through insight and ideation, from the future back
- Innovation Lab – creatively shaping and evaluating the best concepts
- Action Lab – defining a strategy and implementation plan
Innolab is a well structured, practical and proven process for taking your team rapidly through the phases of problem-solving and creative development. It can be used for any form of business or brand strategy development, innovation of new products, concepts and businesses.
Innovation inspirations:
https://www.youtube.com/watch?v=mvZjFhYg-Zk
https://www.youtube.com/watch?v=o2SFx7vU4Jw
https://www.youtube.com/watch?v=iJa0wTKxwv4
https://www.youtube.com/watch?v=LR2xbAZRQ0o&t=2s
https://www.youtube.com/watch?v=sMsN8fUuncI
Healthcare inspirations:
https://www.youtube.com/watch?v=dGPTSNKMXzw
https://www.youtube.com/watch?v=IRyebuMcixg&t=2s
https://www.youtube.com/watch?v=fAKE2iqSR1A
Background reading:
- McKinsey Interview: The Next Horizon Innovation for Pharma
- IdeaPharma Report: The world’s most innovative pharma companies 2017
Bonnier AB is a multichannel media conglomerate with experience and knowledge in a full range of media and operating in 15 countries. The company is wholly owned by the Bonnier family, whose values include a passion for media and the growth of its various business units through operational independence and freedom. From its beginning more than 200 years ago, Bonnier has promoted high-quality media products while collaborating closely with authors, journalists and publishers.
- Making sense of incredible change, power shifts in economics and culture, thinking 10x not 10%
- Inspired by global disruptors like Alibaba and Buzzfeed, FanDual and Netflix, Udacity and Xiaomi
- Finding the best new opportunities for growth, profitable and sustainable, emergent and niche
- Shaping the future to your own advantage, with 100 inspirations, redefining markets on your terms
- Where are the biggest challenges and opportunities for Bonnier?
- The power shift to customers, doing business on their terms – where, when and how they want
- Who is the customer, the convergence of B2C and B2B, and focusing on the right person
- What customers really want, changing needs and aspirations, values and value
- Using design thinking to dive deeper, value propositions to be more relevant, experiences to enable more
- What does this mean for us, how do we need to think differently?
- Thinking from the future back, rather than now forward – developing strategic horizons for innovation and growth
- How the most disruptive companies “change the game” to rewrite the rules, and outthink the competition
- Unlocking the power of business models – with 50 examples to apply and adapt – inspired by Nespresso, Tesla and more
- Making the future happen – evolution and revolution, an inspiring vision and case for change, and doing it
- If you had 10 mins to create the future, what would it look like? Go …
What does the future of publishing look like?
Simon Fox, Trinity Mirror:
“I continue to hope there will be a role for print in 10 or maybe even 20 years, but the challenge is, will the generation that has not grown up with papers migrate to print? There is no reason to think they will embrace print and therefore it is incredibly important that we as publishers get the right digital proposition, both editorially and commercially, and that is what we are struggling with. Publishers have a very strategic decision to make, which is how much of their content to make available on social media platforms and how that is going to be monetised in the future.
Adblocking is a very serious issue and we and other publishers need to recognise that digital advertising can’t be our sole revenue stream. It is a very important one, but we need to develop other revenue streams from our enormous digital audience. E-commerce is one area. The Sun has gone heavily into betting, for example, which is also important for us, because about one quarter of our content is sports related. Ticketing is another huge area that clearly make sense, particularly locally. These are nascent revenue streams but ones which are growing pretty fast.”
Lorraine Candy, Sunday Times:
“I think the demise of print is a myth. There is enough evidence to prove that there will be print, and it will continue to be in many forms and be available in many places.
It is an ever-changing world driven very hard by consumers and by companies that aggregate content like Facebook, but you have to adapt your business to fit a) where the money is and b) where your audience is.
All of these social media businesses are about telling a story and then building a business around it, and you have to be very collaborative. Those people at the top of their blogging game are knowledgeable and powerful and reach a new consumer. Why would I not work with them? Why would I not work with Instagram? It is a really brilliant place to put very beautiful images and we are in the business of beautiful images.
There will be a lot more brand extension in future. One of the things we were exploring at Elle was using our editors to work with brands before they create their advertising. [The future] will be about working in a much more collaborative, better and bespoke way.”
Lucie Green, J Walter Thompson:
“There’s a parting of the ways occurring in publishing. On the one hand, you have mass market print brands shrinking (US title Teen Vogue will reduce from nine issues a year to four next year), and focusing on digital content strategies. You have new players, like The Pool, and The Midult launching online first and having events to bring this to life, rather than spending on print.
Increasingly new information is also going audio – we’re seeing branded podcasts becoming the next avenue of branded content. Amazon Echo is allowing people to seek information and content, listen to entertainment and shop, audibly, and people interact with it verbally. We’re discussing things with Siri, rather than emailing. People are publishing podcasts over blogs.
The flipside is that we’re seeing a renaissance in print titles – particularly design and women’s titles which are intentionally luxurious, in beautiful high quality paper, and priced at a luxury price point. The Gentlewoman, Riposte and Cherry BombBombe are all examples of print titles that make print a luxury experience, something slow, not disposable, and considered. It’s a counterpoint and a step away from the bigger mass market titles which have focused on scale rather than price point.”
The European Business Forum is the premier meeting place for business leaders in Europe. It brings together the continent’s top business people with the world’s leading management gurus in “the Davos of business thinking”.
The forum is hosted by Thinkers50, the world’s leading network of business thinkers, and located in Odense, Denmark. The home of Hans Christian Andersen, and now one of Europe’s leading robotics hub, is the perfect place to write the story of the future.
“Making better choices” is the theme of this year’s forum.
Business leaders face more choices than ever before – there are few limits to the ways a business can grow – any geographical market, any industrial sector, any business model – enabled by technology, partners, people and investment. In fact, in a world of infinite possibilities, the hardest part is often deciding what not to do – to make choices.
In the “fourth industrial revolution” it is the new generation of technologies – from digital networks and blockchain, to robotics and artificial intelligence, 3d printing and biotechnologies – that challenge business leaders to rethink what matters, how to embrace the new capabilities, and what creates sustained economic value.
Yet another challenge – how the business exists within society, and the value it adds to people, local communities and social progress – might have just as much impact on a business’ future success. What is fair, what is good, what is progress, have become huge questions – particularly for business leaders.
At the previous forum, Europe’s business leaders said “Fast change has left business out of touch with people. Leaders are complacent, and innovation is wasted.” Collectively we asked ourselves how can European business rediscover its place in the world. There was a strong and overwhelming message from participants: “Business should be a force for positive progress.” This year we build on your agenda.
“Making Better Choices” is about connecting these challenges and new opportunities – exploring how business leaders can most effectively apply these new technologies for more impact, for both people and profit. This requires new options, new choices, and smarter decisions.
Agenda Day 1
0900 – 0910 … Introduction
As business leaders you attend many events, but nothing like this. The European Business Forum helps you recalibrate how you see the world, explore the best new opportunities for innovation and growth, gives you the opportunity to connect and create new ideas with peers from across Europe, and resolve on how you will lead your business forwards, and be the best leader you can be.
- Peter Fisk, forum host, innovation and growth expert, author of Gamechangers. He started his career in nuclear physics before moving to business, focusing on strategy and marketing in consumer, travel, and technology markets. He is Professor of Leadership and Innovation at IE Business School, Director of Thinkers50 Global, author of 7 business books in 35 languages, and leads his own consulting business, GeniusWorks.
- Peter Rahbæk Juel, Mayor in the City of Odense.
0910 – 0920 … The Odense Moonshot
Google pioneered the concept of moonshot thinking – typically ideas that can solve big problems, with solutions that deliver “10x not 10%” impact. Ideas can change the world. How will you change your world?
- Peter Fisk, forum host, innovation and growth expert, author of Gamechangers.
- Des Dearlove and Stuart Crainer, co-founders of Thinkers50, business journalists, editors, authors and ghost writers. Former columnists to The (London) Times, their work has appeared in newspapers and magazines worldwide. Their books are available in more than 20 languages and they remain frequent contributors to The Times, Across the Board and many other publications.
0920 – 1030 … The New Technology Agenda
Technology can change our world, not just our business. Digital and big data, AI and robotics, have the potential to transform every aspect of our business, but also offer new ways to do more. AI has the power to transform the speed of business, to anticipate needs before we know them, and to enhance our decision making. 3D printing could transform every aspect of the way we make, sell and consume products, and our relationships with companies.
In this session we focus on the blockchain. Getting beyond the basics, and the hype of Bitcoin, how could it transform our world? What does it mean for the relationship between people and business? How can it enable more business to achieve more commercial impact. We then contrast and add to this with a consideration of robotics, and a look at a business that has its roots here in Odense, one of Europe’s leading robotics hubs. The two sessions will be followed by a Q&A.
- Don Tapscott is often known as Mr Wikinomics, and is #2 in the Thinkers50 global ranking of business gurus. He has become the spokesperson of the network age – explaining the exponential potential of networks when you make them work for you (like Wikipedia, but equally by turning your customer base into a vibrant community). Now he turns his attention to Blockchain, one of the many new technologies that fascinate and baffle most business leaders. His new book is Blockchain Revolution. How will distributed, network-based transaction systems transform the way money works, and almost every other industry too?
- Esben Østergaard, co-founder and CTO of Universal Robots, responsible for the enhancement of existing robots and the development of new products. As a researcher in robotics and user interfaces at University of Southern Denmark, he created the foundation for a reinvention of the industrial robot. In 2005, this led him to found Universal Robots together with two of his research colleagues. Fun fact: During his studies in Computer Science, Physics and Multimedia at Aarhus University, Esben Østergaard became world champion in his hobby, robot football.
1100 – 1230 … The New Social Agenda
Dramatic change brings new tensions, not least in how business progress is challenging our ways of life, our society and environment. Global and local, rich and poor, fake and authentic, climate and ecology, fairness and ethics. What is the impact of your business on our world, in your local community and far across continents? At the same time, social issues provide new opportunities for business to do good. How could you innovate your business activities in a way that does more for society, engaging people more deeply and maybe even more profitable too?
Technology is only part of the new context for business – the other part of the story, is how people are affected by these new technologies, and the opportunities they bring to make life better. We live in a fragmented world, with uncertainty and inequality, where social and environmental issues need new thinking.
We see the affects of climate change, extreme weather and rising sea levels, its threat to Pacific islands and low-lying cities, and its impacts on agriculture and food economics. We see conflict and tension, often the result of misunderstanding or intolerance, its consequences in war but also in diverting investment. We see increasing inequality, despite the new opportunities increasingly accessible to all. And in a world of chatbots and fake news, we struggle to know who to trust.
Together with the speakers we ask ourselves three big questions: Why are social issues important and an opportunity for business? What’s the biggest challenge in embracing them? How can we do better?
- On Sustainable Fashion: Javier Goyenece, founder of ECOALF, a fashion brand that turns discarded fishing nets, post-consumer plastic bottles and coffee into clothes. In 1995 he first founded Fun & Basics, specializing in fashion handbags and accessories. He grew frustrated with the amount of waste in the fashion industry, and created ECOALF, named after his son Alfredo, which combines great design with recycled materials. The company now produces a full lifestyle collection of outerwear, swimwear, casual apparel, shoes and accessories. Recently ECOALF has made collaborations with companies like Apple, Coca- Cola, Will-i-am and Barneys NY. Fun fact: In his younger days, Javier took part in top international equestrian competitions.
- On Sustainable Finance: Sasja Beslik, Head of Sustainable Finance at Nordea and one of Sweden’s foremost experts on finance and sustainability. He was born in Bosnia and fled to Sweden more than twenty years ago to avoid being drawn into the war in the former Yugoslavia. At the age of 21, he made his way across Europe. With 20 German marks in his pocket and three T-shirts in a plastic bag, he entered Poland, sailed across the Baltic Sea and arrived in Sweden. He holds a bachelor’s degree in journalism and economics from Stockholm University and worked as a war correspondent for several years writing for the Red Cross, Unicef, Dagens Nyheter and more.
- On Ethics: Alexandra Christina, Countess of Frederiksborg in Denmark, board member of Ferring Pharmaceuticals International in Switzerland, and co-author of The Sincerity Edgewith Timothy L. Fort at Stanford University Press. Their vision for sincerity values corporate ethics in its own right, rather than as a means to an end. In 2017 Alexandra Christina was named a leader-in-residence at the Indiana University Kelley School of Business. From November 1995 to April 2005, she served as Princess Alexandra, while married to Prince Joachim of Denmark, the younger son of Queen Margrethe II.
- On Innovation: Andrew McCarthy, designer, facilitator, consultant, and educator, and teacher on many of IE Business School’s programs, in addition to being the Founding Academic Director of IE’s Master in Customer Experience and Innovation degree program. A native New Yorker, Andrew is fascinated with exploring the current neuroscientific understanding of the phenomenon of individual and team learning, and creativity and the relationship between innovation development and disruptive ideation techniques. Andrew enjoys playing guitar, and his voice has been featured in ads and audiobooks, at his daughters’ bedtimes, and to the startlement of animals great and small.
1330 – 1430 … Social Innovation
What creates a great business today? Founders have dreams, but successors focus on performance. How do we balance short and long-term entrepreneurship at scale? And how can this deliver social innovation?
Social innovation brings together the challenges and opportunities of technology and society. It is not now. However what is new is the ability to harness the new technologies such as AI and blockchain, robotics and data, to solve the world’s problems in new ways. Businesses add the power of resources, investment, scale and brands, to do this even better – engaging people in solutions that are good for them and the world – potentially to to be more distinctive and commercially successful, and to do good for then world too.
We start by exploring innovation in its broader sense, adding more purpose and passion, as typically found in an entrepreneur, We then add the specific methodologies of social innovation, and how they can be applied to a commercial business.
- On better innovation: Chris Zook, partner in Bain & Company’s Boston office. He was co-head of the Global Strategy practice for 20 years. During his more than 25 years at Bain, Chris has specialized in helping companies find new sources of profitable growth. A best-selling author, Chris published his fifth book, The Founders Mentality(Harvard Business Review Press) in 2016. Based on a decade-long study of companies in more than 40 countries, he shows how leaders can overcome the predictable crises of growth and set their companies on a path of sustainable growth.
- On social innovation: Johanna Mair, professor of Organization, Strategy and Leadership at the Hertie School of Governance in Berlin. She currently serves as the academic editor of Stanford Social Innovation Review. Her research lies at the intersection of organizations, institutions and social change. More specifically, she is interested in how institutions stifle and enable social and economic progress and the role of organizational activity in this process.
1430 – 1500: Big Talk: What do you think?
The European Business Forum is different because it’s about you – your ideas, your applications, and your future. Big Talk is the moment to share your thoughts with peers around your table, and then with the whole forum. Together we shape the emerging themes into a shared agenda, and a message to the wider audience of business leaders across Europe.
- Peter Fisk facilitates this high-energy co-creation session involving the whole audience to discuss how social transformation can transform our businesses.
- The question is “How could social innovation transform your business?”
1530 – 1700 … Business for a better world
Do customers want business to create a better world? How do we engage them in solutions that are good for them, and for others, unlocking the innovative power of brands and technology?
Adidas has demonstrated, with its Adidas Parley range of shoes made out of recycled plastic bottles and fishing nets, how a product can be made even better, even more attractive to customers, and could even sustain a price premium. Others like Ekocycle, Toms, Natura, Tata and many more, have shown how to combine a profit orientation with a higher purpose.
And finally, how do we sustain the passion to be creative – the vitality of being human in a technological world, to be inspired and enriched?
- Introduction: Ricardo Vargasis currently the Executive Director of the Brightline Initiative, a coalition of leading global organizations from business, government and not for profit sectors, including the Boston Consulting Group (BCG) and the Project Management Institute (PMI). Brightline’s mission is to provide a knowledge and networking platform that delivers insights and solutions to successfully bridge the gap between strategy development and strategy implementation. Ricardo will introduce this session.
- Consumer futures: Martin Lindstrøm, one of the world’s premier (and toughest) brand building experts – advising Fortune 100 brands from the Coca-Cola Company to Nestle to Red Bull on how to build future-proof brands. Lindstrom is the recipient of TIME Magazine’s “Worlds 100 Most Influential People”. He is a New York Times and Wall St Journal best-selling author of six groundbreaking books on branding and has carved out a niche as a global expert and pioneer in the fields of consumer psychology, marketing, brands, and neuro-scientific research. Fun fact: Martin Lindstrøm refuses to own a phone, and he hasn’t had one for two years. It’s true, ask him yourself!
- Finding your magic: Tanyer Sonmezer, CEO of the Management Centre Türkiye (MCT) Group, which consults companies in Turkey. Tanyer is trained in mechanical engineering at the Middle East Technical University, but never practiced his profession. Instead, he learned about life working at an amusement park. When he is not consulting, Tanyer take on roles as chef, pilot and magician, preferring to be an ordinary hero for those he loves.
- Creating a better future: Tania de Jong, Founder and CEO of Creative Universe, Creative Innovation Global and Creativity Australia. Tania is one of Australia’s most successful female entrepreneurs and a global authority on creativity, innovation and collaboration. Tania makes the case that singing together changes the brain. Pushing the idea that creativity is the strategic tool of the 21st century, she says our voices have been silenced. She is concerned about growing inequality and is passionate about creating healthier, happier and more inclusive communities.
1830 – 2200 … CEO Moonshot Dinner
Agenda Day 2
0900 – 0910 … Welcome back
- Peter Fisk, forum host, innovation and growth expert, author of Gamechangers.
- Bjarke Wolmar, Vice President in Thinkers50 Europe and The City of Odense.
0910 – 1030 … “The Invincible Company” Innovation Lab
Design great business models and constantly reinvent yourself with “The Business Portfolio Map”. This hands-on session shows you what it takes to put innovation at the center of your organization and create relevant impact.
- Alex Osterwalder (and his academic partner Yves Pigneur) are the authors of Value Proposition Design and Business Model Generation. The latter is based on a tool called the Business Model Canvas. The book’s contents were co-created by 470 Business Model Canvas practitioners from 45 countries, and features a highly visual, four-colour design that explains a range of strategic ideas and tools. Trigger warning: You might get addicted to strategy work and post-it’s after Alex’s workshop.
1100 – 1200 … Disrupting your Business for Social Innovation
How will we make this great vision happen. As leaders what are the biggest obstacles to harnessing these new technologies to achieve more for business and society? What are the challenges in our way, physically and emotionally? And what are the opportunities, both commercially and beyond? How could we disrupt your business inside, and outside?
We explore two perspective – firstly the exponential power of networks – be they physical or digital, customers communities or partner ecosystems, distributed technologies or integrating platforms. What do networks mean for business, compared to the old linear mindset of analogue systems and sequential value chains? How can you reach many more people faster? How can you redesign your business in as asset-light, connection-heavy way? What does this mean in terms of value, you can create and capture?
Secondly we explore how to amplify the potential of people – and most significantly yourself, and your leadership teams. How do you disrupt yourself? To think and act in new ways, to let go of the success model which got you where you are, and to develop new ways to take you further? What does it mean for your team? How can you develop a team that achieves much more, thinks bigger, and amplifies their personal and business impact?
- Network Advantage: Andrew Shipilov is a Professor of Strategy at INSEAD. He is an expert in the areas of strategy, innovation, and networks. His current academic research examines how social networks, strategic alliances, and partnerships affect firm’s competitive advantage. He teaches and directs Executive Education programs on competitive strategy, collaborative strategy, and Blue Ocean Strategy. He is here to talk about the new book Network Advantagedescribing how you can unlock value from your alliances and partnerships.
- Disrupt Yourself: Whitney Johnson, former award-winning Wall Street equity analyst and an expert on disruptive innovation and personal disruption; specifically, a framework which she codifies in the critically acclaimed book Disrupt Yourselfand expands on in her new book Build an A Team. Whitney’s research and work in disruptive innovation starts with the understanding that the framework of disruption is at a very high level a framework for managing change – beginning with the individual. She developed her proprietary framework and diagnostics after having cofounded the Disruptive Innovation Fund with Harvard Business School’s Clayton Christensen. Whether scaling a business or trying to get your people to be more innovative, Whitney’s research helps people become a person people want to hire and a boss people want to work for.
1200 – 1230 … Big Talk: What do you think?
The European Business Forum is different because it’s about you – your ideas, your applications, and your future. Big Talk is the moment to share your thoughts with peers around your table, and then with the whole forum. Together we shape the emerging themes into a shared agenda, and a message to the wider audience of business leaders across Europe.
- Peter Fisk facilitates this high-energy co-creation session involving the whole audience to discuss how social transformation can transform our businesses.
- The question is “How will you make better choices?”
1330 – 1500 … How Can Leaders Drive Business as a Force for Good?
Earlier this year, BlackRock declared that they would continue to invest only in companies that could demonstrate a social benefit beyond profits. Yet at the same time, business leaders feel ever more challenged to deliver short term results, to embrace automation as a route to efficiency rather than enhancing humanity. Whilst CSR was seen as a good thing to do, sustainability became more important than a project, initiatives like the “circular economy” became a prerequisite for business. And the questions of trust and authenticity, don’t go away.
“Making better choices” comes in many forms – the choices of where to grow, how to invest, and what to do. In many ways, business leaders are faced with more choices than ever – new markets to enter, new technologies to invest in, new sectors to embrace, new ideas to develop. But the choices run deeper too. In the context of social innovation, it becomes a question of purpose. How is value, who is it created for, how is it shared?
What are the implications and opportunities of all this for business leaders? In particular, in technology and media-based companies? Can business really be a force for good? How do we find a better alignment between business and society? Where do leaders go wrong, and how could we do better?
- Matt Brittin is president of EMEA business and operations for Google. He’s also an Olympic (Seoul 1988) and world championship rower (he won a bronze medal). He joined Google as director of sales in 2007 and rose rapidly to become MD for Google UK in 2009 and then vice-president for Northern Europe in 2011. Google, despite all its innovation and success, has faced huge challenge from media and governments in recent times, about everything from tax evasion to responsible content. Matt has been the man at the center of defending the brand’s reputation, and finding ways forward to drive the business, and engage society. Fun fact: Today is the 20thanniversary of the Google Search Engine.
- Jimmy Maymann is an entrepreneur by heart. From 2012 to 2015, Maymann served as the CEO of the Huffington Post based in New York during which time he focused on the transition of the brand towards becoming a profitable, global media company. Until early 2017, he was the Executive Vice President and President, AOL Content & Consumer Brands, where he led AOL’s content portfolio, strategy and OTT operations. Jimmy is currently focused on his own tech-investments and on professional boardwork, chairing, amongst others, TV2 Denmark.
- Jim Hagemann Snabe is one of Europe’s top business leaders. He is chairman of the Board of A.P. Moller-Maersk and Siemens, and a board member of SAP, Bang & Olufsen, Allianz and the World Economic Forum. His new book Dreams and Detailsis about two things: Dreams are about having a vision – extremely ambitious, but attainable in its nature. It acts as a beacon for the organization and it is the purpose and the goal the employees sign up for. Details is the daily practice that supports those goals. All the single initiatives, that move you closer to the dream. He defines what a dream is and isn’t and why many fail – they forget to dream and instead make financial plans. Jim will be joined on stage by his co-author, Mikael Trolle.
- Mikael Trolle, CEO of Volleyball Denmark and the head coach for the Danish men’s national volleyball team. He is co-author of Deams and Detailswith Jim Snabe and owner of the consulting company, Trolle and Partners. Mikael’s career has spanned eight years as an international volleyball player followed by 20 years in head coaching positions at club and national level. He is affiliated with the High Performance Institute as a speaker, with Copenhagen Business School’s High Performance leadership programs, and with Copenhagen University as a lecturer and examiner.
1530 – 1700 … The European Business Lecture 2018
The European Business Lecture is a key moment in the European business world. What’s the big message to the leaders of business in Europe? Bringing together the topics of the last two days… how can business leaders ‘create great choices’?
- Roger Martin is the world’s #1 business thinker, and tops the 2017 Thinkers50 ranking of global management gurus. He is a Canadian strategist, formerly Dean of the Rotman School of Management. He is perhaps most famous for his “Playing to Win” collaboration with P&G’s former CEO AG Lafley, which defined the key choices to make in developing a great strategy. He has almost dedicated much of his time to social entrepreneurship, and has a new book just out called Creating Great Choices, which explores how “integrative thinking” can lead to solutions which are not trade-offs or compromises, but adopt a better way.
1700 – 1800 … Odense Celebration
Keynote speakers
I will be hosting the event again, and working with my Thinkers50 colleagues Stuart Crainer and Des Dearlove to design an event that brings together the best ideas in a fresh and though-provoking. Here are some of this years top speakers who will be working together, and with you:
- Roger Martin, author of Creating Great Choices, the world’s #1 business guru
- Don Tapscott, author of Blockchain Revolution, the world’s #2 business guru
- Alex Osterwalder, co-author of Business Model Generation, and #7 business guru
Together with:
- Matt Brittin, President of Google EMEA, one of Europe’s top business leaders
- Jim Hagemann Snabe, Chairman of AP Moller-Maersk, and Siemens AG
- Martin Lindstrøm, Denmark’s Lego kid, and though leader on consumer insight
- Whitney Johnson, Harvard executive coach, author of Disrupt Yourself
- Chris Zook, Bain & Co partner, and author of Founders Mentality
- Johanna Mair, German social innovation expert from Stanford
- Erica Dhawan, from Harvard on the power of Connectional Intelligence
- Casper von Koskull, Finnish banker and CEO of Nordea Bank
- Alexandra Christina, the Danish countess, author of The Sincerity Edge
- Tania de Jong, Dutch Australian operatic-singing creative catalyst
- Jimmy Maymann-Holler, EVP of AOL, previously CEO of Huff Post
- Andrew Shipilov, Insead professor, and author of Network Advantage
- Esben Østergaard, founder and CTO of Universal Robots
Video gallery
Here is a preview of some of their best ideas:
Roger Martin, author of Creating Great Choices, the world’s #1 business guru
The former dean of University of Toronto’s Rotman School of Management, Martin is a strategy advisor to CEOs worldwide and the author of ten books, including Thinkers 50 award winners Playing to Win (with AG Lafley, HBR Press, 2013) and Getting Beyond Better (with Sally Osberg, HBR Press, 2015). His new book Creating Great Choices (with Jennifer Riel, HBR Press, 2017) follows up on his 2007 bestseller The Opposable Mind (HBR Press).
Don Tapscott, author of Blockchain Revolution, the world’s #2 business guru
The Hammond B3 organist in the band Men in Suits, Don also happens to be one of the world’s leading authorities on innovation, media, and the economic and social impacts of technology. He regularly advises business and government leaders around the world. He has authored or co-authored over 15 books on the digital economy. His latest book, entitled Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World, is co-authored with his son Alex Tapscott, and is, according to Harvard Business School’s Clay Christensen, “thebook, literally on how to survive and thrive in this next wave of technology-driven disruption.”
Alex Osterwalder, co-author of Business Model Generation, and #7 business guru
Alex Osterwalder and his academic partner Yves Pigneur are the authors of Value Proposition Design: How to Create Products and Services Customers Want (2014) and Business Model Generation: A Handbook for Visionaries, Gamechangers and Challengers (self-published, 2010). Business Model Generationis based on a tool called the Business Model Canvas. The book’s contents were co-created by 470 Business Model Canvas practitioners from 45 countries, and features a highly visual, four-colour design that explains a range of strategic ideas and tools.
Matt Brittin, the Olympic rower who now leads Google across Europe
Matt is president of EMEA business and operations for Google. He’s also an Olympic (Seoul 1988) and world championship rower (he won a bronze medal). His first job was relatively mundane, a surveyor. Then an MBA took him to McKinsey, and into tech strategy as commercial director at Trinity Mirror. He joined Google as director of sales in 2007 and rose rapidly to become MD for Google UK in 2009 and then vice-president for Northern Europe in 2011. Google, despite all its innovation and success, has faced huge challenge from media and governments in recent times, about everything from tax evasion to responsible content. Matt has been the man at the centre of defending the brand’s reputation, and finding ways forward to drive the business, and engage society.
Jim Hagemann Snabe, Chairman of Moller-Maersk and Siemens
Jim Hagemann Snabe is one of Europe’s top business leaders. He’s Chairman of the Board of A.P. Moller-Maersk and Seimens, and a board member of SAP, Bang & Olufsen, Allianz and the World Economic Forum. His new book “Dreams and Details” is about two things: Dreams are about having a vision – extremely ambitious, but attainable in its nature. It acts as a beacon for the organization and it is the purpose and the goal the employees sign up for. Details is the daily practice that supports those goals. All the single initiatives, that move you closer to the dream. He defines what a dream is and isn’t and why many fail – they forget to dream and instead make financial plans. Jim will be joined by his co-author, Mikael Trolle, former head coach of the Danish Volleyball Federation.
Whitney Johnson, Harvard executive coach, author of Disrupt Yourself
Former award-winning Wall Street equity analyst Whitney Johnson is an expert on disruptive innovation and personal disruption; specifically, a framework which she codifies in the critically acclaimed book Disrupt Yourself: Putting the Power of Disruptive Innovation to Work and expands on in the upcoming book Build an “A” Team: Play To Their Strengths and Lead Them Up the Learning Curve. Whitney’s research and work in disruptive innovation starts with the understanding that the framework of disruption is at a very high level a framework for managing change – beginning with the individual. She developed her proprietary framework and diagnostics after having cofounded the Disruptive Innovation Fund with Harvard Business School’s Clayton Christensen. Whether scaling a business or trying to get your people to be more innovative, Whitney’s research helps people to harness, rather than just cope with change and become a person people want to hire and a boss people want to work for.
Casper von Koskull, Finnish banker and CEO of Nordea Bank
Nordea, which was formed through a succession of deals involving Swedish, Danish, Finnish and Norwegian banks at the end of the last century, has been praised by investors for emerging from the financial crisis in relatively good shape. In last year’s stress tests of European banks, Swedish lenders led the way with Nordea having 11.8 per cent capital under the most severe scenario, well ahead of the 5.5 per cent requirement. Von Koskull, who started his career at Citibank in Helsinki before working for UBS and Goldman Sachs, is in charge of implementing Nordea’s new three-year plan to boost its dividend and return on equity while keeping costs down.
Martin Lindstrøm, Denmark’s Lego kid, taking us inside the consumer’s mind
Martin Lindstrøm is a fabulous author and speaker on brands, consumers and innovation. From his early days in growing up in Denmark, where he was recruited by Lego for his childhood insights, to a US TV series explaining the secrets of brand marketing today, Martin travels the world, helping his clients structure their brands, products and services by design, to enhance their sales and productivity throughout their businesses. His latest book is Small Data is all about finding the small clues to understand our futures, and drive big innovation.
Alexandra Christina, author of The Sincerity Edge
Recognizing their role as “corporate citizens,” companies are seeking guidance on how to be true to their missions, principled in practice, and well regarded for their contributions to society. As this book reveals, the key lies in sincerity―the sum of values like authenticity, integrity, and trust. Countess Alexandra (née Manley) is the first wife of Prince Joachim of Denmark, the younger son of Queen Margrethe II. She grew up in Hong Kong with British and Chinese parents, and was married from 1995 to 2005. In her new book, tracing inspirational tales and scandals alike, she shows how leaders can head up companies that more reliably make good decisions and conduct themselves in a trustworthy manner. She concludes with twelve concrete actions that businesses can take to cultivate “the sincerity edge.”
Chris Zook, Bain & Co partner, and author of Founders Mentality
Chris Zook is a partner in Bain & Company’s Boston office. He was co-head of the Global Strategy practice for 20 years. During his more than 25 years at Bain, Chris has specialized in helping companies find new sources of profitable growth. A best-selling author, Chris published his fifth book, The Founders Mentality (Harvard Business Review Press) in 2016. Based on a decade-long study of companies in more than 40 countries, he shows how leaders can overcome the predictable crises of growth and set their companies on a path of sustainable growth.
Johanna Mair, German social innovation expert from Berlin and Stanford
Johanna is a Professor of Organization, Strategy and Leadership at the Hertie School of Governance in Berlin and the Hewlett Foundation Visiting Scholar at the Stanford Center on Philanthropy and Civil Society. She currently serves as the academic editor of Stanford Social Innovation Review. Her research lies at the intersection of organizations, institutions and social change. More specifically, she is interested in how institutions stifle and enable social and economic progress and the role of organizational activity in this process.
Erica Dhawan, from Harvard on the power of Connectional Intelligence
Technology has made us the “most connected” society… but how do you make the right connections to get ahead? Move beyond smart networking to a deeper wisdom and learn the secrets of a new wave of leaders: how to connect creatively with the most important people you need to know. Erica Dhawan is the co-author of Get Big Things Done: The Power of Connectional Intelligence. She is a researcher, strategist and keynote speaker on the new world of work and advises Google, Deloitte, Fidelity and the United Nations.
Tania de Jong, Dutch Australian operatic-singing creative catalyst
Tania de Jong makes the case that people singing together can change the brain. Pushing the idea that creativity is the strategic tool of the 21st century, she says how our voices have been silenced and that it’s not doing us any good. She explains how singing is a survival mechanism, how it makes our hearts beat together and can help heal strokes and depression.
Esben Østergaard, founder and CTO of Universal Robots, a moonshot in Odense
In the future, robots may take over many jobs. What jobs will the humans do? Meet your future job role as a cloudworker. How can you help the robots? With more than 25 years of experience in robot development, Claus is one of the founding fathers of modern European robotics. He has created the successful robot development company and incubator, Blue Ocean Robotics in Odense. In just three years the company has grown from only being 3 employees to more than 110 and world-wide presence in more than 65 countries.
Jimmy Maymann-Holler, previously CEO of Huff Post and EVP of AOL
Entrepreneur, Former Huffpost CEO and EVP of content and consumer brands at AOL, Jimmy Maymann has learnt a thing or two about how content remains king. Maymann started his internet career in Denmark in the mid-1990s after he graduated from the University of Odense with a degree in Economics and International Marketing His final university thesis – about the commercial opportunities presented by the internet – was inspired by a fieldtrip he took to the USA in 1994, during which he was exposed to the internet for the first time, and which ultimately laid the foundation for his first business ventures. From 2012 to 2015, Maymann served as the CEO of the Huffington Post based in New York during which time he focused on the transition of the brand towards becoming a profitable, global media company. Until early 2017, he was the Executive Vice President and President, AOL Content & Consumer Brands, where he led AOL’s content portfolio, strategy and OTT operations.
Andrew Shipilov, INSEAD professor, and author of Network Advantage
Shipilov is a Professor of Strategy and the Akzo Nobel Fellow of Strategic Management at INSEAD. In 2014, he received a prestigious Emerging Scholar Award from the Strategic Management Society. He is an expert in the areas of strategy, innovation, and networks. His current academic research examines how social networks, strategic alliances, and partnerships affect firm’s competitive advantage. He teaches and directs Executive Education programmes on competitive strategy, collaborative strategy, and Blue Ocean Strategy. From 2010, he is an Academic Director of the INSEAD’s Blue Ocean Strategy open programme. Here he talks about the new book “Network Advantage” describing how you can unlock value from your alliances and partnerships:
Nikolaj Coster Waldau, UN Ambassador and star of Game of Thrones (*to be confirmed)
Nikolaj is a Danish actor, best known for portraying Jaime Lannister in hit series Game of Thrones. He has also portrayed Horus in Gods of Egypt and appeared in Oblivion alongside Tom Cruise. He made hi US film debut in Black Hawk Down. Since April 2011, Coster-Waldau has played Jaime Lannister on HBO’s hit series Game of Thrones. In his role as UNDP Goodwill Ambassador he focuses on raising awareness and support for the Global Sustainable Development Goals which are a universal call to action to end poverty, fight inequality and stop climate change. “My main mission as UNDP Goodwill Ambassador will be to raise awareness and support for the Global Goals for a better future for all, which cannot be achieved without empowering women and protecting our planet.”
EBF is like no other event.
Thinkers50 is all about finding, connecting and sharing the best ideas. Therefore we want you and the thinkers to stop and think … to explore the current ideas, but go further, to challenge each other’s thinking, and do better. Not just on stage. This is not a show. Its about great minds – academic and commercial, working together to think further, smarter and practically.
Here is a short reminder of last year’s incredible two days:
Tickets are available from europe.thinkers50.com
- The customer-centric brand, is about the customer not the business, about their aspirations not the products … therefore brands are about enabling customers to achieve more (e.g. Airbnb belong anywhere, Nike to perform better, Lego to play better) … therefore the brand reframes the context in which we engage customers, to a wide platform through which we support customers to do what they aspire to do, better
- The customer-centric brand narrative, is therefore about a bigger idea, about more than communication and devices … our opportunity is to engage people in this bigger context (e.g. Red Bull’s Air Race is not about energy drinks, but adrenalin experiences), Nike’s events are not about shoes (but Rockstar Workouts, or whatever engages the target segment), similarly all content, promotions etc.
- The customer-centric brand experience, is also therefore about a bigger idea – its not simply “the touchpoints with the organisation” but the experience which the customer has in doing what they do (e.g. making mobile payments, taking better photos, finding new friends, monitoring business operations etc).
- The framework for connecting monolithic brands and CVPs, making brands engaging to each audience in different, relevant and practical ways … from marketing communication and delivered experiences. Learning from customer-centric brand proprosition models like Umpqua Bank, and its implications on the business to deliver in relevant ways
- Aligning products and services, tariffs and incentives, to the propositions in smarter ways, to achieve clarity and maximum perceived value, whilst also reducing complicity and cost. In particular using relevant partner brands to build affinity bridges with other brands that a most resonant with each audience
- How this makes the Vodafone brand more multi-dimensional, more pull than push, and how to retain the consistency of a brand strategy whilst also multiple meanings and executions. Specifically what it means for brand identity, brand messaging, and service styles online, and within stores and call centres.
- Connecting the brand stories together so they become “liquid and linked” – learning how Coca Cola turn all these fragments Facebook posts, Tweets, Instagram messages, online blogs, sponsorship activities, multi-channel, activities into a coherent and progressive story that has structure and progress. In particular, when most of the content is created from outside not inside.
- Being fast and responsive in communication across all media – moving from the old model of planned campaigns and push execution, to a more dynamic model that is “realtime, relevant and responsive” so that media assets can be aligned and executed within minutes, in order to connect with topical activities, or to address problems. Learning from Nestle Digital
- Aligning these together for more impact, understanding the new metrics of customer-centric, digital-enabled, realtime brand marketing … both in tactical KPIS, but also how it can be actively managed to optimise sales and profitability, and ultimately to enhance and protect brand reputation, and enhance the economic value of the brand
- What is brand trust and loyalty … Trust is low, loyalty is rare … so how do we engage people, build relationships that endure retention and advocacy amongst our audiences? – Today’s winning brands, Lego to Snap, Google to IBM, is facilitate relationships between them, rather than try to have relationships with them (the old CRM) … a community with a higher purpose, to achieve more together.
- Bringing more brand partners together to achieve the higher goals of the community, and for Vodafone to take a lead facilitator role in being that – like Rapha brings together the passion of cyclists – more than bikes and clothing, it gives them a place and a club, stories and dreams, to share. This community becomes the gateway to customer-centric solutions, and brand portfolios.
- Using the brand community to achieve more – from co-creating and co-selling, to co-supporting and co-empowering … building on previous successes like Vodafone’s shared giving, farmer’s clubs to achieve more – and in particular to fuse digital and physical assets together in more innovative ways – stores, events, bills, phones – whilst also exploring new revenue streams.
eNett International was established to tackle the issue of complicated travel payments head-on. Combining decades of payment expertise with in-depth travel industry knowledge, we are leading the way in developing innovative business-to-business payment solutions that make payments simple, efficient and rewarding. The result? You spend less time on payments, and more time with your customers.
eNett International simplifies the complexities of payments by connecting travel industry specialism with payments expertise. They pioneer innovative B2B payment solutions that reduce risk and facilitate even more travel content, at a lower cost. Easily integrated into existing travel booking workflows, our payment solutions deliver financial, data and efficiency rewards for travel agents and industry suppliers.
https://www.youtube.com/watch?v=PUmPJ5nO0E0
eNett is majority owned by Travelport, which is listed on the New York Stock Exchange, and our VANs are seamlessly integrated into its Travel Commerce Platform. Further strengthened by our global banking services partner and shareholder Optal, eNett is building a reputation for trusted and practical B2B payment solutions for the travel industry and beyond.
Growing competition and tightening margins in the travel industry means travel companies need to achieve more with less. Industry challenges centre around controlling costs, driving growth and improving business performance.
Today’s travel payments landscape is:
- Complex: Multiple methods of payments exist, from traditional airline payments in IATA’s Billing Settlement Plan to Low Cost Carrier credit card and cash advance models, to hotel direct billing and electronic funds transfers (EFT). Streamlining payment processes when suppliers prefer and often mandate different methods is a challenge for agencies, especially when the back-end accounts payable systems don’t talk to all booking platforms. Add to that the high volume of cross border payments and the complexities that come with foreign exchange management, it’s no surprise that many of the agencies we speak to would benefit from a more simplified and streamlined method of payment.
- Inefficient: 40% of agencies process payments manually, costing the industry over $1.5B annually1. With already stretched margins, payment automation is key to producing reconciliation efficiencies. Without data matching between the booking and payment, reconciliation and reporting is a challenge, making customer and supplier negotiations even more difficult.
- Risky: Credit card fraud is the number one issue for 40% of the travel industry, followed by supplier default1.
How to innovate your market, your business, and drive growth through new approaches to brands, marketing and sales.
“The best way to predict the future is to create it” said Abraham Lincoln.
The best opportunities for business – to find new growth, to engage customers more deeply, to stand out from the crowd, to improve their profitability – is by seizing the opportunities of changing markets. The best way to seize these changes is by innovating – not just innovating the product, or even the business itself – but by innovating the market.
In the old world we accepted markets as a given – the status quo – and competed within it, with slightly different products and services, or most usually by competing on price. Most new products were quickly imitated, leading to declining margins and commoditisation. Most companies now receognise that this is not a route to long-term success in a rapidly changing world.
Fast-changing markets demand fast-changing businesses.
Winning in this new world requires a bigger ambition – to change the game, not just play the game. Winners recognise that markets are malleable, geography is irrelevant and categories are outdated, that boundaries blur and new spaces emerge, and that practices and perceptions can be shaped to your advantage.
“Gamechangers” innovate their market, and then innovate their business with exponential impact – like WhatsApp creating $19bn in three years, Uber $60bn in 5 years. They start from the future back, making sense of change, seeing the new patterns and possibilities, harnessing the power of ideas and digital networks to win in new ways. This requires new leadership thinking, and for the whole business to innovate.
Download summary of GAMECHANGERS keynote by Peter Fisk
Gamechangers Denmark 2017
Who are the most disruptive innovators in Denmark right now?
Read more about them: Designer Danes … Lego to Just Eat, Pandora to Vipp … Who are Denmark’s most disruptive innovators?
Workshops in Denmark
Peter Fisk will be hosting a number of high-energy, smart-thinking, fast-action workshops in Odense in the coming months:
Workshop 1: Creative Disruption: big ideas for smart innovation and exponential growth
“This is the age of disruption … which is not simply about disruptive technologies, but dramatically changing how people think and behave” says Sebastian Thrun, founder of Udacity. The best companies increasingly shape their industries in their own vision. They redesign them to their advantage, and even in ways which make it hard for other companies to compete. Jack Welch once said “You need to destroy your own business before somebody else does – to think like to challenger, a start-up, a disruptor”. Whilst disruption is typically overused as a term and under delivered in reality, it can be a powerful approach to strategic thinking, holistic innovation and culture change..
Objective
- To develop radical ideas and disruptive innovations that will shake-up your market
Agenda
- Growth Hacking: exploring your future from the “future back” with no rules, no limits
- Design Thinking: embracing your best insights into emotional, irrational customers
- Rule Breakers: rethinking every “rule” (assumption, convention) of your market
- Rethinking Assets: defining every asset, then exploring how it could be used new ways
- Border Crossing: applying ideas from other markets and companies (what would Apple do)
- Accelerated creativity: generating more ideas faster, connecting and stretching them further
- Rapid evaluation: prioritising the best ideas so far (HML x 4) and making the best better
- Concept definition: defining each emergent concept, customer and technical specifications
- Exponential Impact: making disruption happen and stick, accelerating “exponential” growth
Workshop 2. Rethink Marketing: Innovative strategies for brands and marketing
Markets are changing rapidly, global and connected, fast and dynamic, convergent and connected. Customers are changing even more rapidly, millennial to boomer, social and mobile, empowered and aspiring. Business is changing in response, start-ups and networks, co-creaters and collaborative, digital and data, fast and agile. The question is how have your marketers, and their marketing changed? Are you keeping pace with this fast changing environment, or hanging on to old models of success – home markets, established brands, hero products, advertising and websites, agency creativity, old channels – and still seeking to build relationships with customers who trust you no more, and are probably not your best customers anyway? Marketing in fast and connected, digital and realtime markets is different.
Objective
- To develop innovative and integrated marketing strategies for realtime impact
Agenda
- Market Mapping: exploring fast-changing markets, and new customer insights and trends
- Market Strategies: innovating your market and marketing – change the why, who, what and how
- Brand Propositions: creating a more inspiring brand, relevant and topical propositions and solutions
- Brand impact: storytelling into realtime communication, customisation and communitie
Workshop 3: Business Innovation: Creating new business models for profitable growth
New business models are the most effective way to transform organisations, to innovate the whole way in which the business works. Inspired by a new generation of businesses – Airbnb to Uber, Dollar Shave Club to Netflix – we see dramatically new business models in every market, through collaborative platforms, data analytics and personal recommendations, or subscription-based payments. We explore at least 64 different business model templates which could transform your business. We start with the customer, to explore emergent needs and behaviours, shaping better propositions and solutions, then exploring how to deliver them commercially, and as engaging customer experiences.
Objective
- To explore new business models – rethinking how to deliver more profitable growth
Agenda
- Design Thinking: immersing yourself in customer worlds to find deeper insights and ideas
- Value Propositions: defining the value to customers, how you will solve their problem better
- New Business Models: exploring new business designs, new solutions, new channels, new pricing
- Business Innovation aligning your whole business to deliver more revenue at less costs.
A wide range of executive development workshops – ranging from growth strategy to market disruption, brand innovation to business storytelling – are available as customised programs for your business
See you in Odense … creating your story of the future!
The Future Book Forum is the world’s largest gathering of book publishers and printers, exploring the best new ideas for innovation and growth. Enabled by Canon, the event is fast and inspiring, practical and collaborative.
This year we want to go further, again. We want to create the “smart book“. Forget the artificial division of print and digital, people consume knowledge across platforms, and therefore the best books embrace both worlds too.
This is what happened at last year’s event:
Future Book Forum 2016: Insights and Ideas
Look beyond the book
Most books start with an author and idea, then seek an audience. We wanted to start from the target audience, their issues and aspirations. Design thinking is all about finding the right problem to solve, by understanding people more deeply, then quickly developing hypotheses and concepts to help stretch and shape their ideas further.
Insights that emerged, applicable to all books, included:
- “Book” is a bigger concept than a book … content which can be shared in any format and platform, which can also be interactive and evolving over time. It’s therefore more than content too.
- “Connect, context, content” … Start with the audience, develop a title and solution around their context, and only then create focused and relevant content.
- Develop a thread beyond a physical book … that starts from where the audience starts, then connect platforms to share initial knowledge, building interaction over time.
Design the right experience … platforms and content, conversations and community
Having agreed a clear direction for the concept, we were now more easily able to focus on the user experience. Starting from the different audience motivations, to follow a journey through which the book can be introduced, stimulate, facilitate, support and keep evolving over time. This includes how to combines apps, websites, books of different formats, events, workshops and interactions. Only once the user experience is defined, should we think about the production process, including for example how digital technologies can deliver new business models (like pay per chapter), custom branded (like sponsors), personalised content, global delivery on demand, and the ability to stay updated.
Insights that emerged, applicable to all books, included:
- Each platform has purpose … each format of content (app, website, book, etc) has a distinct, complementary and supporting purpose, creating a value-adding (amplifying) user journey.
- Content beyond words … Text is heavy and dry. Think how to use different types of graphics – from cartoons to photos, infographics, lists, Q&A, dialogue, video, podcasts, more.
- Content to conversation to community … communication is by definition two-way, but books limit this. How to use multi formats to create interaction, a conversation that grows as a movement.
Engage and grow together … engage people deeper, enable more, grow the book
Most publishers are incredibly poor at marketing their books. It is published and forgotten within weeks (maybe days). Yet books are just the starting point – of a conversation, of a community. They are the idea catalysts to build interaction, define an agenda, mobilise people and interest and actions. This is how people get more value, and where publishers can realise more value, and drive profitable growth. What is the market model (distribution channels, pricing formats and levels, business model, communication activity)? How will the book be activated and sustained (interplay of formats and audiences, relationship building, updating content, adding new, building conversation, a real community, building a brand)?
Insights that emerged, applicable to all books, included:
- Engage people creatively … more human, more distinctive, more meaningful pre-launch promotional activity, then gradual launch of formats/packages (like movie launches).
- Modular pricing … Packaging of content “HML” for pricing, with options for micro/custom payments (e.g. chapters) or inclusive (subscription). Freemium to make access simple bottom-up.
- The growing book … keep refreshing, adding, reinventing the concept so that the book evolves over time, getting richer and better. Becoming a brand beyond a book.
Future Book Forum 2017: Introduction
The Future Book Forum has become one of Europe’s largest gatherings of book publishers and printers, exploring the best new ideas for innovation and growth. With the generous support of Canon, the event is fast and inspiring, practical and collaborative.
This year we are taking another step forwards. We want to define the “smart book“. Forget the artificial division of print and digital, people consume knowledge across platforms, and therefore the best books embrace both worlds too. How can you bring together the best of physical (tangible, browsable, artistic, treasurable) and digital (instant, customisable, efficient, updatable), in order to create something more power … a book of the future … a smart book? We need a common understanding of what this means, the building blocks and how they combine.
In particular, we will focus on Education 4.0. How is the world of education changing? For children, students and throughout life? We will explore the big trends in more modular, collaborative and lifelong learning, and understand the new opportunities for content, and the role of the smart book in supporting this. I certainly know, through my own teen age children (who lie on their beds glued to their phones), that the nature of study, revision, testing and progress has fundamentally changed from the days of chalkboards and text books.
For the whole industry – publishers to printers, authors and readers, web builders and database managers, and many more – we will explore the the new developments in digital and physical books, how they increasingly work together, the ways in which content can be used in multiple ways, the new technologies to enable this, and emerging business models to improve profitability and new opportunities for growth.