More Related Content
Similar to Presentation baba shiv
Similar to Presentation baba shiv (20)
Presentation baba shiv
- 4. © Baba Shiv 2013, All Rights Reserved
What would you do?
- 5. © Baba Shiv 2013, All Rights Reserved
Insights…
Ø Discovering solutions
“Customers” don’t buy products or services, they buy solutions
Ø Designing solutions
Crafting the value proposition to the solutions being sought
Ø Vantage point—The instinctual brain
Most of our actions and experiences are shaped at the instinctual level
- 6. © Baba Shiv 2013, All Rights Reserved
The “X” Framework…
Bored Stressed
ExcitedContentComforted
- 7. © Baba Shiv 2013, All Rights Reserved
Bored Stressed
ExcitedContentComforted
Playing safe, by the rules,
going for the familiar, reassurance
Taking chances,
explore
- 8. © Baba Shiv 2013, All Rights Reserved
Labeling the pathways: Type 1 Mindset…
Bored Stressed
ExcitedContent
Comforted
Playing safe, by the rules,
going for the familiar
Type 1 Mindset:
• Fear of making
mistakes
• Failure à painful
- 9. © Baba Shiv 2013, All Rights Reserved
Type 2 Mindset…
Bored Stressed
ExcitedContent
Comforted
Type 2 Mindset:
• Fear of missing out on
opportunities
• Failure à Challengeà
Exciting
Taking chances,
explore
- 10. © Baba Shiv 2013, All Rights Reserved
Evolution of firms: Type 2 à Type 1…
Bored Stressed
ExcitedContent
Comforted
Good at
Exploitation
- 11. © Baba Shiv 2013, All Rights Reserved
Ø “X” Framework
Ø Understanding of where the “customer” is/would like to be
Ø The pathway or pathways (type 1, type 2, or both)
Ø Heuristics (based on factors that influence the pathways)
Ø Research
Influencing others…
- 12. © Baba Shiv 2013, All Rights Reserved
Ø Role of individual within an organization
Ø In charge of running a tight ship: Late majority/Late Adopters
Ø In charge of business development: Early adopters/Early Majority
Heuristics…
- 13. © Baba Shiv 2013, All Rights Reserved
Bored Stressed
ExcitedContent
Open to exploration
New IdeasFeeling reassured
Factors influencing the mindsets…
Ø Age
éAGE êNEUROCHEMICALS
[serotonin, dopamine]
Ø Time-of-day
LATER IN DAY êNEURO-
CHEMICALS
[serotonin, dopamine]
Ø Alcohol*
ê CORTISOL
- 14. © Baba Shiv 2013, All Rights Reserved
Factors influencing the mindsets…
Ø Age
éAGE êNEUROCHEMICALS
[serotonin, dopamine]
Ø Time-of-day
LATER IN DAY êNEURO-
CHEMICALS
[serotonin, dopamine]
Ø Alcohol*
ê CORTISOL
Time of day
Serotonin
Wake up
- 15. © Baba Shiv 2013, All Rights Reserved
Other factors: Relevance for leaders…
Ø Sleep hygiene
Ø Importance of deep sleep
Ø Fitness hygiene
Ø About 15 min. of cardio: ANP à Serotonin
Ø Dietary hygiene
Ø Importance of protein in the diet, especially
breakfast
- 16. © Baba Shiv 2013, All Rights Reserved
Sleep – my story…
- 17. © Baba Shiv 2013, All Rights Reserved
Other factors: Relevance for leaders…
Ø Sleep hygiene
Ø Importance of deep sleep
Ø Fitness hygiene
Ø About 15 min. of cardio: ANP à Serotonin
Ø Dietary hygiene
Ø Importance of protein in the diet, especially
breakfast
- 18. © Baba Shiv 2013, All Rights Reserved
Discovery through research…
Ø Surveys yield very little insights
Ø So too, conversations with customers
Ø Importance of
Ø Observation and empathy
Ø Immersive safaris/expeditions
Ø Actually experiencing the journey
- 19. © Baba Shiv 2013, All Rights Reserved
Ø “X” Framework
Ø Type 1, type 2 mindsets
Ø Implications for
Ø The firm, you as an influencer, you as a decision-maker
Ø Knowing where the “customer” is/will be
Ø Importance of factors such as age and time of day
Ø Importance of sleep, fitness and diet
Ø Getting Type 1’s to take chances
Ø Familiarity, social proof, social reinforcement, social
pressure, desperation (premortems)
Summary…
- 21. © Baba Shiv 2013, All Rights Reserved
Recommended
readings…
Decision Making
- 22. © Baba Shiv 2013, All Rights Reserved
Recommended
readings…
Introduction to Neuroscience