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"Leading Change" by Peter Fisk

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Summary of Peter Fisk's Opening Session on Day 1 of the Global Advanced Management Program at IE Business School. What does it take to lead a business in today's disruptive world? How do you lead for relentless change? What is the future of work? What is the future of leadership? More at theGeniusWorks.com or email peterfisk@peterfisk.com

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"Leading Change" by Peter Fisk

  1. 1. Professor Peter Fisk Academic Director, Global AMP www.theGeniusWorks.com CHANGEin a disruptive world LEADING
  2. 2. • Making sense of today’s world, the challenge and opportunity of relentless change • The future isn’t like it used to be, so we can’t keep doing what we used to do • 100 companies changing the world right now. What can you learn from them? • Start with a future mindset, jump ahead, look forwards not backwards • Going beyond limits, how will you be the change, how will you achieve more?
  3. 3. How do you see the future?
  4. 4. We live in an incredible time
  5. 5. Next decade of incredible change More change in the next 10 years Than in the last 250 years
  6. 6. Incredible time
  7. 7. Xiaomi, the new Apple
  8. 8. Digital changes everything
  9. 9. But tech is not enough
  10. 10. East Small West Big IndividualAverage
  11. 11. Consumer Dynamic Potential Business Stable Heritage
  12. 12. InnovativeEfficient CreativityCapability ExponentialImprovement
  13. 13. Anything is possible
  14. 14. The future can be anything you want it to be
  15. 15. • Making sense of today’s world, the challenge and opportunity of relentless change • The future isn’t like it used to be, so we can’t keep doing what we used to do • 100 companies changing the world right now. What can you learn from them? • Start with a future mindset, jump ahead, look forwards not backwards • Going beyond limits, how will you be the change, how will you achieve more? © Peter Fisk 2019
  16. 16. Rise of the $1 billion “unicorns” …
  17. 17. … 326 “unicorns” disrupting every sector
  18. 18. Disrupt or be disrupted
  19. 19. 75% change in Fortune 500 in 15 years A world of relentless change Average F500 company life is 17 years Turnover of CEOs doubled in 10 years $5m to $5k to launch a start-up Global GDP $60 to $90T in 10 years Azerbeijan is fastest growing nation Xiaomi Miphone costs $10 to make Global DNA database in place by 2030 40% today’s jobs automated by 2035 $1000 computer power of brain 2025 33% of world will be migrants by 2040 Born after 1990, probably live to 100
  20. 20. A world of relentless change
  21. 21. A world of relentless change
  22. 22. A world of relentless change
  23. 23. A world of relentless change
  24. 24. A world of relentless change
  25. 25. Example: $145bn disruption to financial servicesWhat does the mean for education? +genius A world of relentless change
  26. 26. A world of relentless change
  27. 27. A world of relentless change Source: Oeean Tomo
  28. 28. A world of relentless change
  29. 29. A world of relentless change
  30. 30. A world of relentless change
  31. 31. • Making sense of today’s world, the challenge and opportunity of relentless change • The future isn’t like it used to be, so we can’t keep doing what we used to do • 100 companies changing the world right now. What can you learn from them? • Start with a future mindset, jump ahead, look forwards not backwards • Going beyond limits, how will you be the change, how will you achieve more? © Peter Fisk 2019
  32. 32. A world of limitless opportunity
  33. 33. es 1. 23 & Me 2. Aravind 3. CVS Health 4. Editas 5. Intuitive Surgical 6. Narayana Hosp 7. OneOme 8. Organova 9. PatientsLikeMe 10. Second Sight 1. Amazon 2. Aussie Farmers 3. Casper 4. Etsy 5. Glossier 6. Positive Luxury 7. Rapha 8. Supreme 9. Trader Joe’s 10. Warby Parker 1. Apple 2. Beauty’in 3. DJI 4. Go Pro 5. Lego 6. Method 7. Natura 8. Nike+ 9. Oculus Rift 10. Renova 1. Alibaba 2. ARM 3. Darktrace 4. Google X 5. Huawei 6. Magic Leap 7. Raspberry Pi 8. Reliance Jio 9. Samsung 10. Tencent 1. Aeromobil 2. Air Asia 3. Airbnb 4. Emirates 5. HyperloopOne 6. Kulula 7. Ofo 8. RedBus 9. Uber 10. Zipcars 1. 3DHubs 2. Aerofarms 3. Braskem 4. Corning 5. Dyson 6. Local Motors 7. Space X 8. Syngenta 9. Tata 10. Tesla 1. Ava Winery 2. Brewdog 3. GrameenDanone 4. Graze 5. HelloFresh 6. Juan Valdez 7. LA Organic 8. Moa Beer 9. Nespresso 10. Zespri 1. 1Atelier 2. Agua Bendita 3. Fenty Beauty 4. Jonny Cupcake 5. Patagonia 6. RentTheRunway 7. Shang Xia 8. Stitch Fix 9. Threadless 10. Tom’s 1. Aspiration 2. Comm Bank 3. Fidor 4. First National 5. Moven 6. M-Pesa 7. Square 8. Umpqau 9. Zidisha 10. Zhong An 1. Buzzfeed 2. ByteDance 3. FanDual 4. Dalian Wanda 5. Live Nation 6. Netflix 7. Red Bull 8. Udacity 9. Ushahida 10. ViceMedia futureproduct futurefashion futurefood futurehealth futuretech futuremakersfuturebank futuretravel T h e p N/S American brands European brands African/Arab brands Asia/Pacific brands futuremedia 1. Ashoka 2. IBM Watson 3. IDEO 4. Janicki BioEnergy 5. Kickstarter 6. Li & Fung 7. Planetary Resrcs 8. Scanadu 9. VIPKid 10. WeWork 1. Bitcoin 2. City FC 3. Collectivity 4. e-Estonia 5. ParkRun 6. Patreon 7. PewDiePie 8. Social Capital 9. The Muse 10. You futureservice futurebrands © Peter Fisk 2018 peterfisk@peterfisk.com www.theGeniusWorks.com futurestore
  34. 34. Hyperloop JioPhone H&M Amazon Change Why Speed
  35. 35. Li and Fung Tencent Alibaba 3DHubs networked
  36. 36. DeepMind Fidor Bank Netflix Intuitive Surgical intelligent
  37. 37. Airbnb Nike+ Lego Glossier collaborative
  38. 38. audacious Google X Red Bull Syngenta Nike
  39. 39. • Making sense of today’s world, the challenge and opportunity of relentless change • The future isn’t like it used to be, so we can’t keep doing what we used to do • 100 companies changing the world right now. What can you learn from them? • Start with a future mindset, jump ahead, look forwards not backwards • Going beyond limits, how will you be the change, how will you achieve more? © Peter Fisk 2019
  40. 40. +genius What is the future of work?
  41. 41. 2029 2019 New skills for work
  42. 42. In a technology world, the smartest people will be more human
  43. 43. +genius HBS Report … 21st Century Skills
  44. 44. New skills for work 2029 2019
  45. 45. Curious Intuitive Creative Collaborative Empathetic Responsible Courageous
  46. 46. Learn to keep learning
  47. 47. What will you do? +genius© Peter Fisk 2019 www.theGeniusWorks.com
  48. 48. +genius © Peter Fisk 2018 www.theGeniusWorks.com Satya Nadella
  49. 49. Brain elasticity
  50. 50. +genius Fixed Mindset Growth Mindset © Peter Fisk 2018 www.theGeniusWorks.com “Growth mindset”
  51. 51. +genius
  52. 52. How to lead change? • Change is relentless • Change is driven from the outside • Change is complex and painful • Change is transforming and evolving
  53. 53. Leading change Make the case Make ready Make it happen Make it stick • Explore a better future • Recognise the limits of today • Engage all stakeholders • Design the future together • Create desire and urgency • Start with yourself • Define the changes to make • Encourage new thinking • Specify project outcomes • Align people and resources • Prioritise action • Empower teams to deliver • Act, test and adapt • Keep communicating • Accelerate quick wins • Sustain momentum • Celebrate the new • Eliminate the old • Move to the next change • Lead the journey
  54. 54. • Making sense of today’s world, the challenge and opportunity of relentless change • The future isn’t like it used to be, so we can’t keep doing what we used to do • 100 companies changing the world right now. What can you learn from them? • Start with a future mindset, jump ahead, look forwards not backwards • Going beyond limits, how will you be the change, how will you achieve more? © Peter Fisk 2019
  55. 55. Eliud Kipchoge
  56. 56. Zhang Xin
  57. 57. Mikkel Bjergso
  58. 58. Tan Le
  59. 59. Joanne Rowling
  60. 60. Email: peterfisk@peterfisk.com Web: www.theGeniusWorks.com

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