What's next in business
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Presentation on 10 important trends in business, May 2009
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What's next in business
- 1. 1. a new age of uncertainty, and a refocusing on business risk and sustainability $ Major Fraud/Litigation/ Governance Failure Scandal/Reputation Transaction Failure Financial/Economic Crisis Crisis/Marketing Failure Major Security or other Supply Chain Crisis Discontinuity Failure Onerous Regulations Demographic/Market Shifts Oil Price/Supply Crisis & Disruptive Innovation Emerging Markets Competitors Currency Collapse or Major Terrorism Debt/Trade/Economic Crisis Natural Disaster Cost InïŹation/Interest Rate Spike Labour Disruption Climate Change (Water Shortage, Pandemic, Droughts, Storms, Flooding etc) Takeovers & Industry Consolidation Minor Litigation/ Compliance Failure TOP CANADIAN BUSINESS RISKS % http://www.weforum.org/pdf/globalrisk/globalrisks09/global_risks_2009.pdf dave.pollard@gmail.com Meeting of Minds howtosavetheworld.ca
- 2. 2. rethinking the need to grow $ time http://blogs.salon.com/0002007/2009/04/02.html#a2357 dave.pollard@gmail.com Meeting of Minds howtosavetheworld.ca
- 3. 3. new business model: the basics are free http://skype.com/ http://www.wired.com/techbiz/it/magazine/16-03/ff_free dave.pollard@gmail.com Meeting of Minds howtosavetheworld.ca
- 4. 4. a business âworld of endsâ and then âpeer productionâ Prosumers http://blogs.salon.com/0002007/2003/11/04.html#a504 http://www.thenewyorkerstore.com/search_results.asp? sitetype=1&advanced=1§ion=all&artist=Robert+Weber Prosumers dave.pollard@gmail.com Meeting of Minds howtosavetheworld.ca
- 5. 5. from âfree tradeâ to âfair tradeâ http://www.cbc.ca/news/background/fair-trade/ dave.pollard@gmail.com Meeting of Minds howtosavetheworld.ca
- 6. 6. growing oil scarcity http://www.energybulletin.net/primer dave.pollard@gmail.com Meeting of Minds howtosavetheworld.ca
- 7. 7. growing water scarcity http://www.nytimes.com/interactive/2007/09/28/world/asia/choking_on_growth_2.html#story4 dave.pollard@gmail.com Meeting of Minds howtosavetheworld.ca
- 8. 8. an entrepreneurial boom, in three stages âïŹnding the sweet spotâ (available at ïŹne bookstores everywhere) http://www.adpemploymentreport.com/ dave.pollard@gmail.com Meeting of Minds howtosavetheworld.ca
- 9. 9. the Gen Y phenomenon Gary Hamel: Gen Yâs New Business Rules 1. All ideas compete on an equal footing. 2. Contribution counts for more than credentials. 3. Hierarchies are natural, not prescribed. 4. Leaders serve rather than preside. 5. Tasks are chosen, not assigned. 6. Groups are self-deïŹning and -organizing. 7. Resources get attracted, not allocated. 8. Power comes from sharing information, not hoarding it. 9. Opinions compound and decisions are peer-reviewed. 10. Users can veto most policy decisions. 11. Intrinsic rewards matter most. 12. Hackers are heroes. http://blogs.wsj.com/management/2009/03/24/the-facebook-generation-vs-the-fortune-500/ dave.pollard@gmail.com Meeting of Minds howtosavetheworld.ca
- 10. 10. a shift back to basics and real value http://www.time.com/time/business/article/0,8599,1881098,00.html dave.pollard@gmail.com Meeting of Minds howtosavetheworld.ca
- 11. references: more on this top 10 list http://blogs.salon.com/0002007/2009/05/12.html#a2377 download these slides http://www.slideshare.net/davepollard thank you! Meeting of Minds dave.pollard@gmail.com howtosavetheworld.ca