Breakthrough Innovation
Mindsets and Business Models
With Richard Johnson
Breakthrough Innovation Mindsets and Business Models With Richard - - PowerPoint PPT Presentation
Breakthrough Innovation Mindsets and Business Models With Richard Johnson Which living entrepreneur or company do you think will have more of a positive impact on the world than any other? Rule #1: dont mention Elon All aboard the
Mindsets and Business Models
With Richard Johnson
Rule #1: don’t mention Elon
All aboard the sustainability revolution
“... we are in the early stage of the Sustainability Revolution, which appears to have the scale of the Industrial Revolution and the Agricultural Revolution – and the speed of the Information Revolution. Compared to these previous revolutions, the Sustainability Revolution is likely to be the most significant event in economic history.”
“… and the speed of the Information Revolution.”
Source: Volans, 2017
Linear vs Exponential
“… and the speed of the Information Revolution.”
Technology doesn’t transform markets, business models do
6 levers of transformative business models
Personalisation Asset-sharing Usage-based pricing Closed-loop Collaborative-ecosystem Agility
Massive Transformative Purpose (MTP)
‘Make the best performing electric cars’ ‘Accelerate the transition to sustainable transportation’
vs
‘Make the world’s unique spaces available to everyone’ Make people around the world feel like they can “belong anywhere.”
vs
MTP exercise
Choose a company that someone in your group represents. 1. At its best, what benefits does your company bring to the world? 2. Which global need(s) does this benefit help meet? 3. Now make it into an MTP
a. Massive: Audaciously big and aspirational b. Transformative: How will it change industry/lives/the planet? c. Purposeful: Why is this worth doing?
Inspiration: What would you do if you could never fail?
Achieving your MTP/moonshot
Moonshot factories
Build teams Love the problem, not the solution Embrace failure 10X not 10% Invite others to join in
Creating your moonshot thinking factory
In 6 months you have created your moonshot thinking factory. What does success look like?
Creating your moonshot thinking factory
What needs to happen in the next 3 months, for that to be true in 6 months? What needs to happen in the next month for that to be true in 3 months?
Richard Johnson
Associate @ Volans Researcher, advisor, facilitator @ New Model richard@newmodel.io richard@volans.com @volansrich