Enterprise Road to Recovery by Richard D. Smith, SMITH-TRG

SMITH-TRG,[object Object],‘Building U. S. Job Growth & Wealth Creation Machines’,[object Object],-- What We Learned Doing ‘U.S. Road to Recovery’ Project --,[object Object],Richard D. Smith, SMITH-TRG – September, 2009http://www.SMITH-TRG.comBusiness Owners, Investors & Stakeholders Presentation, Washington, DC,[object Object]

“The Ultimate Measure Of A Healthy & Recovering Economy. . .Jobs Growth!”,[object Object]

“Only yesterday, we Americans could afford to feel smug about our preeminence”.,[object Object]

“Destiny, it seems, had appointed us, America, the world’s permanent pioneers, forever striding beyond the farthest cutting edge.” ,[object Object]

That was... Yesterday!,[object Object]

Today,things are vastly different.,[object Object]

GLOBALIZATION,[object Object],“A new world order is dawning – one ,[object Object],in which the West is no longer dominant, ,[object Object],capitalism (at least the American version) ,[object Object],is out of favor, and protectionism ,[object Object],is on the rise.”,[object Object], - Roger Altman ,[object Object],Former Deputy Treasury Sec., Clinton Administration,[object Object]

INNOVATION,[object Object],“Innovation has become the new ,[object Object],currency of global competition as ,[object Object],one country after another races ,[object Object],toward a new high ground where ,[object Object],the capacity for innovation is viewed ,[object Object],as a hallmark of national success.”,[object Object], - John Kao,[object Object], book author, INNOVATION NATION, 2007,[object Object]

ECONOMIC ISSUES,[object Object], $12 Trillion U. S. Wealth Destroyed since 12/07,[object Object],$13.8 Trillion Outstanding Consumer Debt ,[object Object],9.4% Unemployment,[object Object],16 Million Unemployed ,[object Object],$9.1 Trillion Federal Deficit,[object Object],$155k+ in Fed Debt per Household ,[object Object],76 Million ‘Baby Boomers’,[object Object],69% of Boomers Can’t Financially Retire,[object Object],150,000 U.S. College Graduates in 09/Few Jobs,[object Object]

BANKRUPTCIES,[object Object],100,000 U. S. Bankruptcies ,[object Object],in last 18 months,[object Object], 1 of 270 Businesses Bankrupt,[object Object],358 Business Bankruptcies Filed Daily,[object Object]

$87 BILLION,[object Object],U.S. Imports ,[object Object],from China ,[object Object],vs. ,[object Object],$20 Billion ,[object Object],in U. S. Exports,[object Object],Period - January through ,[object Object],April, 2009 ,[object Object],Data: U.S. Commerce Department,[object Object]

M&A’s,[object Object],“We have been given this ,[object Object],Incredible second chance to ,[object Object],rethink everything we do. ,[object Object],There will not be a third.”,[object Object], - Fiat-Chrysler new CEO,[object Object], Sergio Marchionne,[object Object]

DIVIDE IS GETTING GREATER!,[object Object]

TODAY: WE’RE IN DEEP WATER. . . ,[object Object],The U.S. business model is being challenged. . . ,[object Object], We need to reinvent the enterprise, build growth machines. . .,[object Object]

How Do We Get to Where We Want to Be,Competitive Advantage & Growth?,[object Object]

STEP 1,[object Object],Visualize what could be. . .,[object Object],A 21st Century Job Growth & Wealth Creation Machine,[object Object],SMITH-TRG at http://www.SMITH-TRG.com,[object Object]

TAKE A COMPETITIVE WORLD VIEW,[object Object]

EMBRACE INNOVATION,[object Object],*Hewlett-Packard (H-P), Apple, Microsoft and other notables started during a recession. . .,[object Object]

INNOVATION IN ALL FORMS. . . ,[object Object],BUSINESS MODEL INNOVATION,[object Object],PRODUCT/SERVICE INNOVATION,[object Object],PROCESS INNOVATION,[object Object],TECHNOLOGY INNOVATION,[object Object]

VISION & INNOVATION,[object Object],Business Week’s – The World’s ,[object Object],25 Most Innovative Companies,[object Object],#1 Apple,[object Object],#2 Google,[object Object],#3 3M,[object Object],#4 Toyota,[object Object],#5 Microsoft,[object Object],#6 General Electric,[object Object],#7 Proctor & Gamble,[object Object],#8 Nokia,[object Object],#9 Starbucks,[object Object],#10 IBM,[object Object],#11 Virgin,[object Object],#12 Samsung,[object Object],#13 Sony,[object Object],#14 Dell,[object Object],#15 IDEO,[object Object],#16 BMW,[object Object],#17 Intel,[object Object],#18 eBay,[object Object],#19 IKEA,[object Object],#20 Wal-Mart,[object Object],#21 Amazon,[object Object],#22 Target,[object Object],#23 Honda,[object Object],#24 Research In Motion,[object Object],#25 Southwest Airlines,[object Object],NOTE: Approximately 10% to 15% of their ,[object Object],global workforces are U.S. based employees,[object Object]

LOOK BEYOND,[object Object],Adventure ,[object Object],Outside ,[object Object],the ,[object Object],Comfort ,[object Object],Zone. . .,[object Object]

FANATICISM,[object Object],“I think fanaticism is underrated.,[object Object],I’m a fanatic about the engineering ,[object Object],groups. Steve (Jobs) is a fanatic,[object Object],about the user experience and,[object Object],the design.”,[object Object], - Bill Gates, Microsoft ,[object Object], Advice for entrepreneurs, enterprise game changers,[object Object]

STEP 2,[object Object],Do an ‘Alice Analysis’. . .,[object Object],Know Where You’re Going. . . ,[object Object],SMITH-TRG at http://www.SMITH-TRG.com,[object Object]

Alice, “Would you tell me please, which way I ought to go from here?”“That depends a good deal on where you want to get to”,said the Cheshire Cat.“I don’t much care where_____”,said Alice“Then it doesn’t matter which way you go, said the Cat.“____so long as I get somewhere,” Alice added.“Oh, you’re sure to do that,”said the Cat, “if only you walk long enough.”,[object Object],‘ALICE ANALYSIS’,[object Object],‘Excerpt from the American adventure story classic -- Alice in Wonderland’,[object Object]

If You Don’t Know Where You’re Going, Any Road Will Take You There!Question: As A Company, Can You Afford A Long Journey?Success Requires: FocusUnderstanding YourselfUnderstanding What Or Who Can Best Help You Achieve Success,[object Object],ANALYSIS RESULTS?,[object Object],‘Using Alice in Wonderland’,[object Object]

STEP 3,[object Object],Target sectors/segments/business lines for enterprise reinvention & growth,[object Object],Identifying & Qualifying Growth Opportunities,[object Object],SMITH-TRG at http://www.SMITH-TRG.com,[object Object]

OBJECTIVE: ENTERPRISE GROWTH PLATFORMS,[object Object]

TARGETINGTOOLS,[object Object],www.eCompetitors.com,[object Object],USE ‘INDUSTRY & COMPETITIVE ANALYSIS’ TOOLS,[object Object],www.Hoovers.com ,[object Object],Google Finance‎ Yahoo Finance‎ MSN Money‎ AOL Finance‎ CNN Reuters‎ ,[object Object],eCompetitors, for example, provides (line-of-business level) industry information on the Top 10,000+ industries, covering more than 95% of $57 trillion global economy – all presented in the Global Industry Dashboard.TM Downloadable to iPhone.,[object Object]

High,[object Object],Medium,[object Object],Skilled Labor Intensive,[object Object],TechnologyEnabled,[object Object],High Unemploy %,[object Object],EnvironmentFriendly,[object Object],AtRisk Segment,[object Object],Value Driven,[object Object],Low,[object Object],Automotive,[object Object],Transportation,[object Object],Consumer Goods,[object Object],Hi-Tech & Info-Tech,[object Object],Distribution,[object Object],Health & Life Sciences ,[object Object],TARGET SECTORS, SEGMENTS & ENTERPRISES ,[object Object]

EXAMPLE SEGMENT/BUSINESS: U.S.BUILT ‘ECO’ TAXI,[object Object],Bringing back Checkered Cab Co. of 60’s/70’s fame,[object Object]

U.S. TAXI… DESIGN CRITERIA,[object Object],LARGER INTERIOR CABIN & LUGGAGE CAPACITY SPACE THAN U. K. BLACK CAB + 2 FOLD DOWN JUMP SEATS,[object Object],TECHNOLOGY ENABLED ON-BOARD GPS & GOOGLE MAPS, WIRELESS BROADBAND & INTERNET TV, WIRELESS FARE BILLING,[object Object],NATURAL GAS POWERED (see PICKENS PLAN) 30 MPG IN STOP & GO TRAFFIC,[object Object]

to 550,000,[object Object],CANDIDATE EXAMPLE: Vehicle Production Group, LLC,[object Object],(Taxi & Multi-Purpose Fleet Vehicle Product Portfolio),[object Object]

HI-TECH SEGMENTS: WIRELESS APP FARMS,[object Object],Serving Global Wireless Carriers & Handset/Touch-Screen Manufacturers,[object Object]

WIRELESS APPLICATION SOLUTIONSFuture-World DIGITAL-MEDIA for Handset/Multi-Touch Screens/Carriers,[object Object],Apple iPhone,[object Object],BlackBerry,[object Object]

MARKET DRIVER,[object Object],“The ultimate challenge and greatest value ,[object Object],creation opportunity will fall to those who ,[object Object],give the end-user consumer what they ,[object Object],want…really, really want. And that is, ,[object Object],an integrated, easy to use, video media ,[object Object],experience, anytime, anywhere, and ,[object Object],on any platform.”,[object Object], - Richard D. Smith, SMITH-TRG,[object Object], book author, AD-MIRED, 2006,[object Object]

WHY MOBILE APPLICATIONS?Market Forecast: From $7 Billion 2008 to $25 Billion 2014Sources: Juniper Research & IDC,[object Object],2008 - 1.19 Billion Mobile Phones,[object Object], Sold World-wide. 155 Million (13%) were Smartphones,[object Object],By 2013 20% or 280 Million (SP’s) ,[object Object],Apple: 65,000 APP’s vs. RIM’s: 2,000 APP’s,[object Object],Others: Sprint’s Palm, Motorola – ,[object Object], 2 new devices, then Nokia, Samsung, and host of new entrants. . .,[object Object], “What you carry on your belt ,[object Object], is now your MP3 player, will,[object Object], be your plasma TV, is your ,[object Object], social networking machine, ,[object Object], is your Internet terminal, ,[object Object], your camera, your personal,[object Object], navigation device.”,[object Object],- Jim Basillie,[object Object], Co-CEO, Research-in-Motion,[object Object]

STEP 4,[object Object],Innovation & value growth ,[object Object],management,[object Object],It’s All About Execution…Ability to Execute,[object Object],SMITH-TRG at http://www.SMITH-TRG.com,[object Object]

PRINCIPLES,[object Object],REINVENT EXISTING ENTERPRISE(S),[object Object],SCALABLE GROWTH ENABLED BY INNOVATION,[object Object],FOCUS ON NICHE MARKET LEADERSHIP,[object Object],CONDUCIVE TO PROFITABLE & SUSTAINABLE JOB CREATION,[object Object],M&A TO GROW BUSINESS, NOT CUT,[object Object]

DEVELOP PLANS COLLABORATIVELY,[object Object]

ENTERPRISE,[object Object],‘BEST-OF-BREED’ DESIGNED BUSINESS PLATFORM,[object Object],EMBRACE SHARED RISK INNOVATION, JOBS &,[object Object],WEALTH CREATION,[object Object],FUTURE ENTERPRISE VALUE DEFINED BY ECONOMIC CONTRIBUTION,[object Object]

EXPLOIT ENABLING TECHNOLOGY,[object Object]

POSITIONING,[object Object],AFTER YOU’VE CUT COSTS, LAID PEOPLE OFF, AND FOCUSED ON CORE,[object Object],CAPABILITIES. . .,[object Object],What Next? ,[object Object],Wait For Market Return to Carry You Forward? ,[object Object],Or Build a Growth Business Case. . .,[object Object],POSITION FOR SCALABLE ‘TOP LINE’ GROWTH ENABLED BY INNOVATION,[object Object]

BUILD A UNITED WORKFORCE,[object Object]

Have you. . .,[object Object],[object Object]

Done your ‘Alice Analysis’?

Targeted growth opportunities?

Developed executable growth managed plan?,[object Object]

Every morning in Africa, a gazelle wakes up. It knows that it must run faster than the fastest lion, or IT WILL BE KILLED.,[object Object],Every morning in Africa, a lion wakes up. It knows that it must outrun the slowest gazelle, or IT WILL STARVE TO DEATH.,[object Object],In Business or Africa, it doesn’t matter whether you’re a lion or a gazelle. When the SUN COMES UP, YOU’D BETTER BE RUNNING!,[object Object]

U.S. Road to Recovery,[object Object],Most important question of all. . .,[object Object],Can Enterprise Owners & Leadership afford a long journey. . ?,[object Object],SMITH-TRG at http://www.SMITH-TRG.com,[object Object]

Enterprise Road to Recovery by Richard D. Smith, SMITH-TRG

Enterprise Road to Recovery by Richard D. Smith, SMITH-TRG

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