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Know What Changes, What Doesn’t,and What’s Next                            @CECILYSOMMERS
Maldives   Bioplotter
What ChangesWhat Doesn’t                  What’s Next
THE FOUR FORCESWhat Changes
GOVERNANCEDEMOGRAPHICSTECHNOLOGY RESOURCES
THE FUTURE OF RETAILBANKINGWhat Doesn’t Change
Life is commerce
Three Themes:1. Arrival of Big Data, and visualization of it2. Systems that learn3.More human, natural interfaces
New toolsWeb 1.0                               Web 2.0• around information access and       • An information ecology  comm...
Industrial Revolution   Steam and Railways      Age of Steel,         Age of Oil,               Age of Information        ...
―Finance is the driver. Decisions to investare taken by entrepreneurs, often backedby financial agents. ‖                 ...
The Role of Banks: Enablers• Personal and business goals   – Guides, training, certification• Wealth creation   – Credit, ...
JP Morgan• 1878: J.P. Morgan funded Edison at the very beginning  of electricity.• 1908: Rebuffed Henry Ford, ―automobiles...
ZONE OF DISCOVERYWhat’s Next
Our memories are the material fromwhich we construct, simulate,elaborate, and predict future eventsin an ever-changing env...
Bangkok, Thailnd
“Problems cannot be solved by thesame level of thinking that createdthem.                        - Albert Einstein
INSIGHTRequires novelty
Four Forces               Zone of              Discovery 5% Rule
5% RULEWhat’s Next
―Everyday I look for a better way. ‖                              - Jack Welch
EducableScalableWidgetizable
1 Day = 24 min
5 Days = 2 hours
General MillsIdea Greenhouse•   + 5% in net sales for    Snacks Division              It ―succeeded in reframing the think...
• Four Forces• L-R-L• 5% Rule
THANK YOU!cecilysommers.com
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
Sommers tlf innovation day
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Sommers tlf innovation day

  1. 1. Know What Changes, What Doesn’t,and What’s Next @CECILYSOMMERS
  2. 2. Maldives Bioplotter
  3. 3. What ChangesWhat Doesn’t What’s Next
  4. 4. THE FOUR FORCESWhat Changes
  5. 5. GOVERNANCEDEMOGRAPHICSTECHNOLOGY RESOURCES
  6. 6. THE FUTURE OF RETAILBANKINGWhat Doesn’t Change
  7. 7. Life is commerce
  8. 8. Three Themes:1. Arrival of Big Data, and visualization of it2. Systems that learn3.More human, natural interfaces
  9. 9. New toolsWeb 1.0 Web 2.0• around information access and • An information ecology communication. organized around friends Communication practices fit into two dominant paradigms. • Friendship-driven public• 1:1 and small group spaces: ―networked publics‖ communications: email and IM.• Public tools like virtual worlds, forums, and chatrooms.
  10. 10. Industrial Revolution Steam and Railways Age of Steel, Age of Oil, Age of Information Electricity, Heavy Automobile, Mass and Engineering Production Telecommunications (1771) (1829) (1875) (1908) (1971) Mechanized Transportation Steel Cheap fuels Microprocessor Labor Petrochemicals, Computers, combustion software, desktop Ports, highways, Paper and engines, publishing, digital Cotton Gin, telegraph, postal packaging, Civil household communications, service Engineering electronics, biotechnology, refrigeration new materials Energy intensity => Increased Productivity => Distributed Economies Based on the work of Carlota Perez Author, Technological Revolutions and Financial Capital
  11. 11. ―Finance is the driver. Decisions to investare taken by entrepreneurs, often backedby financial agents. ‖ - Carlota Perez
  12. 12. The Role of Banks: Enablers• Personal and business goals – Guides, training, certification• Wealth creation – Credit, investment• Economic engines – Support new models of technical-socio-economic progress
  13. 13. JP Morgan• 1878: J.P. Morgan funded Edison at the very beginning of electricity.• 1908: Rebuffed Henry Ford, ―automobiles are rich men’s toys.‖
  14. 14. ZONE OF DISCOVERYWhat’s Next
  15. 15. Our memories are the material fromwhich we construct, simulate,elaborate, and predict future eventsin an ever-changing environment.
  16. 16. Bangkok, Thailnd
  17. 17. “Problems cannot be solved by thesame level of thinking that createdthem. - Albert Einstein
  18. 18. INSIGHTRequires novelty
  19. 19. Four Forces Zone of Discovery 5% Rule
  20. 20. 5% RULEWhat’s Next
  21. 21. ―Everyday I look for a better way. ‖ - Jack Welch
  22. 22. EducableScalableWidgetizable
  23. 23. 1 Day = 24 min
  24. 24. 5 Days = 2 hours
  25. 25. General MillsIdea Greenhouse• + 5% in net sales for Snacks Division It ―succeeded in reframing the thinking ―Freedom to experiment‖ ranked low (on throughout the function. Innovation had Climatethe hierarchy out he innovation…lifted ―It took Survey). ―Now,‖ of says, look an ―it’s• 10% market share in grain- become the norm. . . . Where we for cereal bar category expectation! We’ve become comfortable with up very junior people as thought leaders…‖ inspiration now -is much, muchGlobal Consumer Insights broader than trying things out—just get the idea out there; it Gayle Fuguitt, SVP, consumer segments, retail and food trends, or• Adoption of ―Core Hours,‖ doesn’t have to be perfect. Our job is to solve industry practices. We look to countries, 9am-3pm (2011) the problem, so experimentation is a valued cultures, disciplines, philosophies . . . it makes part of that process.‖ the insights stronger.‖ - Jon Overlie, Senior Manager - Kaia Kegley, Assistant Manager
  26. 26. • Four Forces• L-R-L• 5% Rule
  27. 27. THANK YOU!cecilysommers.com

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