outthinker 45 min talk for columbia alumni club ny

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A compressed, 45 minute presentation on disruptive strategic thinking we delivered for the Columbia Business School Alumni Club of New York

TRANSCRIPT

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

Your Next Winning Move

CBSACNY

New York January 23 2014

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

Mohammad Yunus

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

Ratan Tata

2013 Kaihan Krippendorff All Rights Reserved.

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Betsy Johnson

2013 Kaihan Krippendorff All Rights Reserved.

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Thomas Edison

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Ray Kroc

2013 Kaihan Krippendorff All Rights Reserved.

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Richard Branson

Oprah Winfrey

Elizabeth Arden

Dhirubhai Ambani

Bill Gates Charles Revson

Henry Ford

Sōichirō Honda

2013 Kaihan Krippendorff All Rights Reserved.

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Martin Luther King, Jr.

Mother Teresa

Mahatma Gandhi

Nelson Mandela

Rosa Parks Mohammad Yunus

Margaret Thatcher

Benjamin Franklin

2013 Kaihan Krippendorff All Rights Reserved.

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“First they ignore you,then they laugh at you,

then they fight you,then you win.”

Mohandas Gandhi

2013 Kaihan Krippendorff All Rights Reserved.

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The option beyond the obvious choices; the option others do not see, will not

consider, and will not respond effectively to.

The 4th Option®

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Go home

Wait

Climb the walls

2013 Kaihan Krippendorff All Rights Reserved.

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What is your next4th Option®?

2013 Kaihan Krippendorff All Rights Reserved.

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Two Standard Approaches

Follow proven rules or best practices

Rules

1. Alkdjfklsdlkj2. Asdlkfj bou3. Alsk boiuoidf4. Goibjhkal dgs5. Glijgbuu gds6. gljgoiud

Lay out options, apply data, arrive at the optimal option

Option narrowing

X

XX

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

Objectives

Imagine and commit to realizing a different future

Imagine

Choose leverage points others overlook

Dissect

Generate more potential strategies

Expand

Choose strategies competitors will not copy

Analyze

Build buy-in for your strategy

Sell

Five Conversations: The Outthinker Process

2013 Kaihan Krippendorff All Rights Reserved.

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Personal Example

2013 Kaihan Krippendorff All Rights Reserved.

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Objectives

Imagine and commit to realizing a different future

Imagine

Five Conversations: The Outthinker Process

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

Objectives

Imagine and commit to realizing a different future

Imagine

Choose leverage points others overlook

Dissect

Generate more potential strategies

Expand

Five Conversations: The Outthinker Process

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

Alexandra Kosteniuk

How Do Great Strategists See the “Winning Move?”

2013 Kaihan Krippendorff All Rights Reserved.

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Source: Baddeley model of short term working memory

Consciousness

Phonetic loop Visuo-special sketchpad Episodic buffer

2013 Kaihan Krippendorff All Rights Reserved.

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Relative number of narratives chess players recognize:

Grand master Master Expert

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Europe & Americas –Fairy tales

Japan – Koan

India – Puranas

China – 36 stratagems

2013 Kaihan Krippendorff All Rights Reserved.

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Identifying Outthinkers

Value creation (TRS)

Revenue growth (CAGR)

(EBITDA)Profit margin

2013 Kaihan Krippendorff All Rights Reserved.

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Core Research

2013 Kaihan Krippendorff All Rights Reserved.

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Narratives to Find a Fourth Option

#7 Force two-front battle

#32 Create something out of nothing

#22 Move early to the next battleground

#34 Coordinate the uncoordinated

#33 Be good

2013 Kaihan Krippendorff All Rights Reserved.

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Move Early to the Next Battleground22

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Move Early to the Next Battleground22

“I just think a future in which anyone can shoot stuff into space is more exciting than one which

only the government can.”

Elon Musk, founder, Space-X (2003 interview)

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Move Early to the Next Battleground22

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Identify and move early to the next battleground.

Where is the next battleground?- Technological trends?- Social shifts?- Geographies?- Buying patterns?- Needs?

22Move Early to the Next Battleground

2013 Kaihan Krippendorff All Rights Reserved.

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Narratives to Find a Fourth Option

#7 Force two-front battle

#32 Create something out of nothing

#22 Move early to the next battleground

#34 Coordinate the uncoordinated

#33 Be good

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

2013 Kaihan Krippendorff All Rights Reserved.

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2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

Coordinate the Uncoordinated34

2013 Kaihan Krippendorff All Rights Reserved.

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Coordinate the Uncoordinated34

2013 Kaihan Krippendorff All Rights Reserved.

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Combine and coordinate independent elements within your environment to orchestrate much greater power.

Who would we like to coordinate?- Customers- Experts- Employees- Real estate- Regulators- Competitors- Driveways- …

Coordinate the Uncoordinated34

2013 Kaihan Krippendorff All Rights Reserved.

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Narratives to Find a Fourth Option

#7 Force two-front battle

#32 Create something out of nothing

#22 Move early to the next battleground

#34 Coordinate the uncoordinated

#33 Be good

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

Force a Two-Front Battle7

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7 Force a Two-Front Battle

Cloud providers

Cloud servicesRetail

“There is no physical analog for what Amazon.com is becoming.”

- Jeff Bezos

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7 Force a Two-Front Battle

Shoes

ShoesCustomer service

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7 Force a Two-Front Battle

Traditional CPA firms

ProjectsResources (Accnts)

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Force a two-front battle7

Project your what you are great at into a new area.

What is your unique advantage, capability, or purpose?

Into what new area could you project this?

2013 Kaihan Krippendorff All Rights Reserved.

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Narratives to Find a Fourth Option

#7 Force two-front battle

#32 Create something out of nothing

#22 Move early to the next battleground

#34 Coordinate the uncoordinated

#33 Be good

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

Environment

Employees

Community

Govern-ment /country

Share-holders

Customers

Be Good33

Corporation

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33

61

Be Good

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The Holstee Manifesto

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Adopt a strategy that benefits others.

What purpose/ mission/ movement would build support from stakeholders that can help you succeed?

Be good33

2013 Kaihan Krippendorff All Rights Reserved.

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Narratives to Find a Fourth Option

#7 Force two-front battle

#32 Create something out of nothing

#22 Move early to the next battleground

#34 Coordinate the uncoordinated

#33 Be good

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

Create Something Out of Nothing32

2013 Kaihan Krippendorff All Rights Reserved.

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Create Something Out of Nothing32

Julie Pickens

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Ingvar Kamprad

Create Something Out of Nothing32

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Create Something Out of Nothing32

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Create Something Out of Nothing32

2013 Kaihan Krippendorff All Rights Reserved.

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Add a new piece the board.

What would you like to create/ add to the game?- New categories?- New occasions or needs?- New customers?- New suppliers?- New distributors?- New regulations?

Create something out of nothing32

2013 Kaihan Krippendorff All Rights Reserved.

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Find More Stratagems at www.kaihan.net

2013 Kaihan Krippendorff All Rights Reserved.

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Narratives to Find a Fourth Option

#7 Force two-front battle

#32 Create something out of nothing

#22 Move early to the next battleground

#34 Coordinate the uncoordinated

#33 Be good

How can you project into a new sector?

What can you create?

Where is the next battleground?

Who could you coordinate?

How can you be good?

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

Objectives

Imagine and commit to realizing a different future

Imagine

Choose leverage points others overlook

Dissect

Generate more potential strategies

Expand

Choose strategies competitors will not copy

Analyze

Five Conversations: The Outthinker Process

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

“Impossible is a word to be found only in the dictionary of fools.”

Napoleon Bonaparte

2013 Kaihan Krippendorff All Rights Reserved.

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Selecting your 4th Option

High

Low

Crazy ideas Winning moves

Wastes of time Tactics

Impact• How far would

this get me toward my goal?

• How long before the competition responds?

Difficult Easy

• Can we do this quickly?• Is this inexpensive?• Do we have the capability?

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

Selecting your 4th Option

High

Low

Crazy ideas Winning moves

Wastes of time Tactics

Impact• How far would

this get me toward my goal?

• How long before the competition responds?

Difficult Easy

• Can we do this quickly?• Is this inexpensive?• Do we have the capability?

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

Make the impossible possible

Don’t build handsets

Risk of noWiFi

Customer Service toocostly

“Each of these looked like show

stoppers”

Motorola

Earlyadopter

s

No one provides service

David Morken, CEO Bandwidth.com

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

Objectives

Imagine and commit to realizing a different future

Imagine

Choose leverage points others overlook

Dissect

Generate more potential strategies

Expand

Choose strategies competitors will not copy

Analyze

Build buy-in for your strategy

Sell

Mr. Practical Mr. Obvious Mr. Expert Mr. What Works Mr. Cog

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

Mohammad Yunus

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

Thomas Edison

2013 Kaihan Krippendorff All Rights Reserved.

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2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

Ratan Tata

2013 Kaihan Krippendorff All Rights Reserved.

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Ray Kroc

2013 Kaihan Krippendorff All Rights Reserved.

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Betsy Johnson

2013 Kaihan Krippendorff All Rights Reserved.

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kaihan@outthinker.comwww.outthinker.com @kaihan• Email me to get

presentation• Register for newsletter,

tools, videos• Work out your Fourth

Option®• Contact us for more

support

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

2013 Kaihan Krippendorff All Rights Reserved.

www.kaihan.net

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