We overestimate changes in the short run and underestimate them in the long run
Oct. 18, 2016•0 likes•2,120 views
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A short introduction to two critical points for understanding the current changes and how they affect companies' customer and business value. The goal of the presentation is to inspire a discussion to develop a shared language and understanding.
We overestimate changes in the short run and underestimate them in the long run
1. «WE OVERESTIMATE
CHANGES IN THE SHORT
RUN AND UNDERESTIMATE
THEM IN THE LONG RUN.»
-Amara’s Law, Roy Charles Amara -
HELGE
TENNØ
JOKULL
180360720.NO | JOKULL.IO
IMAGE BY JULIAN-G. ALBERT ON FLICKR.COM
2. JOKULLWhere is your industry on the glacier curve?
PART 1:
.glacier
.bedrock
.equilibrium
line
zone of accumulation
zone of ablation
4. PROTOTYPE
FLEXIBLE TECHNOLOGY AND SYSTEMS
Q.: How do we design immediate, agile, dynamic systems?
What does it demand from our technology?
KEYWORDS:
- Flexible, agile and dynamic platforms
- Rapid iterations and user testing
I- ndividual services and experiences
- Immediate, real-time and distributed data
- Machine learning / AI for individualization
- Collect emails from all customers
- Capture all structured and unstructured customer data
- Multiple solutions running at the same time
FUELLING THE 21st CENTURY ORG.
Q.: How cheaply can we get to the first data point?
KEYWORDS:
- Fast realtime feedback loops, smaller probes in parallell
- Cluster on actual behavior
- Direct contact between the decision makers and raw data. Without interpretative layers
- Continous learning and adaptability
RESPONSIVE ORGANIZATION
Q.:How do we match the customers distributed
networks?
KEYWORDS:
- Decentralized teams and decisionmaking
- Information is open - not protected
- Organize around customer problems
- Immediate and continous deployment
APPROACH / MINDSET
Q.: What types of problems are we meeting,
simple, complicated and complex?
KEYWORDS:
- Adopt complex problem approach in addition to already established
simple and complicated approach
- Capture customer data to understand causality / problem
- Strong opinions loosly held
Understand customers problems
PROGRESS AND CIRCUMSTANCE 21st CENTURY VALUE
& REVENUE STREAMS
CONSEQUENCE OF 21st CENTURY ON APPROACH/MINDSET,
TECHNOLOGY, ORGANIZATION AND BUSINESS:
21st CENTURY
THIS MODEL IS JUST A THOUGHT EXPERIMENT. ANY FEEDBACK WOULD BE MUCH APPRECIATED. HT@JOKULL.IO
EXPLANATION:
This model is a suggested sensemaking tool to help organizations develop a shared language and understanding as
they are figuring out how to move from the existing model to a new OS / operating system more fit for the 21st
century customers and mutating markets.
HOW TO; Problems to solve are driven by customer progress and circumstance - technology, product and process becomes secondary. Standing on top of an orientation trying to fit
offering to customers (not the other way around) the company has to understand how mutating markets, agnostic customers and non-proprietary technology changes how to
sense and respond. A new organization has to identify how and what value to ad to the organization as making the old world more standardized and efficient escapes new
value creation. The model does not have a start or an end.
Shitty products with no margins
for nonconsumption
HELGE
TENNØ
JOKULL
180360720.NO | JOKULL.IO
6. New technology invites companies to find new processes
creating new behaviors for people
Slow moving societal change like
the increase in higher education,
standards of living, social
complexity and longevity etc.
changes people’s mind in regard
to what they find valuable
PERSON GOALPROCESS BEHAVIOR
TECHNOLOGY
7. How do they prioritize the components in their value chain differently?
8. Companies aren’t disrupted, components in their value chain are.
NEW VALUE CHAIN
TRANSACTION COST =
PROCESSING INFORMATION AND COMMUNICATION
TRANSACTION COST =
PROCESSING INFORMATION AND COMMUNICATION
COMPONENT REMAINS UNCHANGED
COMPONENT BECOMES INCREASINGLY
IMPORTANT TO CUSTOMER- COMPANY
KEEPS AVERAGE ADVANTAGE
NEW COMPONENT EMERGES - COMPANY
CHOOSES TO IGNORE EMERGING
CUSTOMER DEMAND
COMPONENT IS REMOVED FROM THE VALUE CHAIN.
VALUE CHAIN BREAKS UP.
NEW COMPONENT EMERGES. VALUE
CHAIN BECOMES HORIZONTAL.
COMPANY IS UNABLE TO COMPETE WITH
ASSYMETRIC COMPETITION
NEW COMPONENT EMERGES - DATA
DRIVEN CLOTHING XXX INTRODUCES
NEW DELVIERABLE AS INCUMBENT VALUE
CREATION BECOMES INFRASTRUCTURE
MAP STRING OF COMPONENTS
WHICH COMPONENTS ARE INTERNAL AND
WHICH ARE EXTERNAL?
IDENTIFY THE COMPETITIVE LANDSCAPE
[DISPLAY LOGOS]
WHAT IS CUSTOMER VALUE AND WHAT IS
INFRASTRUCTURE?
WHICH COMPONENTS REPRESENT YOUR
COMPETITITVE ADVANTAGE?
WHICH COMPONENTS REQUIRE A HIGH
DEGREE OF FLEXIBILITY
TO MEET THE CHANGING AND DIVERSE
NEEDS OF THE MARKET?
WHICH COMPONENTS ARE RIPE FOR
DISTRUPTION?
WHICH COMPONENTS ARE KEY WHEN
MUTATING TO OTHER INDUSTRIES?
-
HOW DO WE ORGANIZE FOR THIS?
HOW DO WE FUEL THE ORGANIZATION?
ca.
Mu.
cv.infr.
flex
D.
VALUE CHAIN MAPPING:
Question:
Which components are under what types of threats in your value chain?
10. Time
Creating a market by seeing it
from the perspective of the
customer value proposition [CVP]
The original technology and
processes end up becoming
a commodity or infrastructure
Competition is openly let in to offer
the same CVP due to difference in
technology and process
Market in terms of
Customer Value
THE CUSTOMER OS
Operating in the market from the perspective of its Customer Value Proposition
Question:
What is our customer data helping us understand?
11. PROTOTYPE
FLEXIBLE TECHNOLOGY AND SYSTEMS
Q.: How do we design immediate, agile, dynamic systems?
What does it demand from our technology?
KEYWORDS:
- Flexible, agile and dynamic platforms
- Rapid iterations and user testing
I- ndividual services and experiences
- Immediate, real-time and distributed data
- Machine learning / AI for individualization
- Collect emails from all customers
- Capture all structured and unstructured customer data
- Multiple solutions running at the same time
FUELLING THE 21st CENTURY ORG.
Q.: How cheaply can we get to the first data point?
KEYWORDS:
- Fast realtime feedback loops, smaller probes in parallell
- Cluster on actual behavior
- Direct contact between the decision makers and raw data. Without interpretative layers
- Continous learning and adaptability
RESPONSIVE ORGANIZATION
Q.:How do we match the customers distributed
networks?
KEYWORDS:
- Decentralized teams and decisionmaking
- Information is open - not protected
- Organize around customer problems
- Immediate and continous deployment
APPROACH / MINDSET
Q.: What types of problems are we meeting,
simple, complicated and complex?
KEYWORDS:
- Adopt complex problem approach in addition to already established
simple and complicated approach
- Capture customer data to understand causality / problem
- Strong opinions loosly held
Understand customers problems
PROGRESS AND CIRCUMSTANCE 21st CENTURY VALUE
& REVENUE STREAMS
CONSEQUENCE OF 21st CENTURY ON APPROACH/MINDSET,
TECHNOLOGY, ORGANIZATION AND BUSINESS:
21st CENTURY
THIS MODEL IS JUST A THOUGHT EXPERIMENT. ANY FEEDBACK WOULD BE MUCH APPRECIATED. HT@JOKULL.IO
EXPLANATION:
This model is a suggested sensemaking tool to help organizations develop a shared language and understanding as
they are figuring out how to move from the existing model to a new OS / operating system more fit for the 21st
century customers and mutating markets.
HOW TO; Problems to solve are driven by customer progress and circumstance - technology, product and process becomes secondary. Standing on top of an orientation trying to fit
offering to customers (not the other way around) the company has to understand how mutating markets, agnostic customers and non-proprietary technology changes how to
sense and respond. A new organization has to identify how and what value to ad to the organization as making the old world more standardized and efficient escapes new
value creation. The model does not have a start or an end.
Shitty products with no margins
for nonconsumption
HELGE
TENNØ
JOKULL
180360720.NO | JOKULL.IO
12. The old management model is a control mechanism subdividing talent into
compartments where top-management destroys their ability to create value.
Enabling companies are driving information rapidly out to front-line self-
organizing teams in order for them to operate autonomously and react
instantly to changes in customer demand patterns. Employees given the
opportunity to use their talent unleash massive wealth for the corporation.
Cases in point: Salesforce, Netflix, Patagonia, Zappos, Tesla, AirBNB, Morning Star, Etsy, Nest, Spotify, Valve, Google, Burtzorg, Haier, Gore Technologies, DSM, GE Health, Whole Foods, Zara, Telus, Uber, Amazon, Facebook, Apple
13. PROTOTYPE
FLEXIBLE TECHNOLOGY AND SYSTEMS
Q.: How do we design immediate, agile, dynamic systems?
What does it demand from our technology?
KEYWORDS:
- Flexible, agile and dynamic platforms
- Rapid iterations and user testing
I- ndividual services and experiences
- Immediate, real-time and distributed data
- Machine learning / AI for individualization
- Collect emails from all customers
- Capture all structured and unstructured customer data
- Multiple solutions running at the same time
FUELLING THE 21st CENTURY ORG.
Q.: How cheaply can we get to the first data point?
KEYWORDS:
- Fast realtime feedback loops, smaller probes in parallell
- Cluster on actual behavior
- Direct contact between the decision makers and raw data. Without interpretative layers
- Continous learning and adaptability
RESPONSIVE ORGANIZATION
Q.:How do we match the customers distributed
networks?
KEYWORDS:
- Decentralized teams and decisionmaking
- Information is open - not protected
- Organize around customer problems
- Immediate and continous deployment
APPROACH / MINDSET
Q.: What types of problems are we meeting,
simple, complicated and complex?
KEYWORDS:
- Adopt complex problem approach in addition to already established
simple and complicated approach
- Capture customer data to understand causality / problem
- Strong opinions loosly held
Understand customers problems
PROGRESS AND CIRCUMSTANCE 21st CENTURY VALUE
& REVENUE STREAMS
CONSEQUENCE OF 21st CENTURY ON APPROACH/MINDSET,
TECHNOLOGY, ORGANIZATION AND BUSINESS:
21st CENTURY
THIS MODEL IS JUST A THOUGHT EXPERIMENT. ANY FEEDBACK WOULD BE MUCH APPRECIATED. HT@JOKULL.IO
EXPLANATION:
This model is a suggested sensemaking tool to help organizations develop a shared language and understanding as
they are figuring out how to move from the existing model to a new OS / operating system more fit for the 21st
century customers and mutating markets.
HOW TO; Problems to solve are driven by customer progress and circumstance - technology, product and process becomes secondary. Standing on top of an orientation trying to fit
offering to customers (not the other way around) the company has to understand how mutating markets, agnostic customers and non-proprietary technology changes how to
sense and respond. A new organization has to identify how and what value to ad to the organization as making the old world more standardized and efficient escapes new
value creation. The model does not have a start or an end.
Shitty products with no margins
for nonconsumption
HELGE
TENNØ
JOKULL
180360720.NO | JOKULL.IO
14. «Which manager in their right mind
would agree to develop a crappy
product with no margins to a
customer that doesn’t exist yet»
- Clayton Christensen -
Helge Tennø | jokull.io
Customer Strategy
IMAGE BY JULIAN-G. ALBERT ON FLICKR.COM