disruption x theory u
TRANSCRIPT
1988
Emp. 145.300
Rev. $10 bill.
Earnings $589 mill.
2012
Emp. 13.094
Rev. $4 bill.
Loss $1.4 bill.
2012
Emp. 13
Acquisition
$1 bill.
*40% of the worlds largest companies will be gone in 10
years.
(Not a quote by Steve)
*(Analysis from Babson Olins School of Economics, 2014)
When THINGS are CHANGING, & new OPPORTUNITIES and THREATS arise… …then it’s time to RETHINK YOUR BUSINESS
IT IS DIFFICULT FOR LARGE ORGANIZATIONS TO FREE THEIR MIND FROM CORPORATE THINKING�
ONLY INCREMENTAL IMPROVEMENT
MINDSET INWARD ORIENTENTED NOT THE CORE CORPORATE
BUREAUCRACY
Incremental ambitions
Limited desirability to change
Lack of management
support & focus
Focus on internal issues
Limited customer understanding
Fear of losing existing
business revenue
“On top of daily work”
Product/technology focus
No structures in place to drive creativity
& innovation
Long and complicated decision processes
Too many stakeholders and opinions involved
Corporate culture
and mindset
Life is like a landscape. You live in the midst of it but can describe it only from
the vantage point of distance. - Charles Lindbergh
In sum:
Theory-U refers to the blind spot as the inner place from which we operate and which is often neglected we should pay attention to when we
want to solve problems that we face.
Disruption “When the pace of development within the sector/product exceeds the incumbents ability to adjust skills and/or business model.” - Anders Hvid
Innovation “Creativity is thinking of something new. Innovation is the implementation of something new.” - Paul Sloane
≈ Creativity that creates value?
Add me on LinkedIn ;o) - Nicki Friis