EMBRACING INNOVATION EMBRACING INNOVATION HOW DO WE UNDERSTAND, - - PowerPoint PPT Presentation

EMBRACING INNOVATION

EMBRACING INNOVATION

HOW DO WE UNDERSTAND, ACCEPT, PREPARE FOR AND EMBRACE - INNOVATION

PREDICTING INNOVATION

"Neither RedBox nor Netflix are even on the radar screen in terms of competition,“ - "It's more Wal-Mart and Apple.“ Blockbuster CEO Jim Keyes 2008. His video-rental chain filed for bankruptcy in 2010. Today Netflix is worth $61.93 billion.

"There is no reason anyone would want a computer in their home," Ken Olsen, founder of Digital Equipment Corp., 1977.

Wealth-management services require "educated, credentialed, experienced advisors ,,,,,,, I don't see their services (Robo-Advisory firms) as competing with comprehensive wealth management" Tim Maurer, director of personal finance at Buckingham and The BAM Alliance Backend Benchmarking says $440 billion is managed by robo- advisory services as of mid-2019

CHANGE IS CONSTANT, LIKE TAXES AND DEATH

HOPEFULLY, WITH AUTOMATION, ONE OF THOSE WILL BECOME A LOT LESS PAINFULL SOON!

WHAT DOES AN EVOLUTIONARY/REVOLUTIONAY LEAP LOOK LIKE IN YOUR BUSINESS?

IF YOU STARTED YOUR BUSINESS AGAIN, WHAT WOULD IT DO?

JUMPING TO THE NEXT STAGE

NETFLIX USED TO SEND OUT DVDs

Wealth-management services require "educated, credentialed, experienced advisors ,,,,,,, I don't see their services (Robo-Advisory firms) as competing with comprehensive wealth management" Tim Maurer, director of personal finance at Buckingham and The BAM Alliance Backend Benchmarking says $440 billion is managed by robo- advisory services as of mid-2019

HOW DO WE NOT SEE OR EXPECT CHANGE?

SUMMARY

• NEVER SAY NEVER (ESPECIALLY IF YOU’RE QUOTED ONLINE)
• LOOK AT WHAT YOU SELL THAT PEOPLE DON’T WANT TO BUY
• WHAT’S THE NEXT CURVE
• IF YOU CAN DREAM IT (INC NIGHTMARES) IT CAN HAPPEN
• BE THE PROBLEM YOU SOLVE, NOT THE THINGS YOU DO
• EMBRASE INNOVATION

WWW.SIDEKICKQUEENSTOWN.CO.NZ 03 451 1424 | 021 708 255 | 0800 SIDEKICK