This document discusses the importance of futurestate thinking. It defines futurestate thinking as envisioning what a company or service could become 5 years in the future by thinking from an elevated perspective. This allows opportunities to be spotted for disruptive innovations and self-disruption. The document provides tips for effective futurestate thinking, such as starting with envisioning the future rather than analyzing the present, assuming all customer interactions will be digital, and imagining becoming an alternative to oneself.
14. Wilson Fletcher @ WFD / Feb 2020
TODAY
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✔ Data
✔ Performance
✔ Competitors
✔ Customers
✔ Research
15. Wilson Fletcher @ WFD / Feb 2020
“Snow melts
first at the
periphery,
because that is
where it is most
exposed”
Andy Grove, CEO, Intel
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16. Wilson Fletcher @ WFD / Feb 2020
TODAY
THE FUTURE
Step-change innovations
Disruptive alternatives
Product evolution
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The purpose of
futurestate thinking
is to envision what
your company or
service could
become [5] years
from now…
17. Wilson Fletcher @ WFD / Feb 2020
TODAY
THE FUTURE
Step-change innovations
Disruptive alternatives
Product evolution
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… by thinking
about
it from altitude
18. Wilson Fletcher @ WFD / Feb 2020
TODAY
THE FUTURE
Step-change innovations
Disruptive alternatives
Product evolution
18
… so that you can
spot opportunities
for step-change
and self-disruption.
19. Wilson Fletcher @ WFD / Feb 2020
TODAY
THE FUTURE
Step-change innovations
Disruptive alternatives
Product evolution
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Futurestate thinking
20. Wilson Fletcher @ WFD / Feb 2020
TODAY
THE FUTURE
Step-change innovations
Disruptive alternatives
Product evolution
20
Futurestate
thinking
21. Wilson Fletcher @ WFD / Feb 2020
Thinking about today is
easy…
✔ Data
✔ Performance
✔ Competitors
✔ Customers
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22. Wilson Fletcher @ WFD / Feb 2020
What about the futurestate?
✘ Data
✘ Performance
✘ Competitors
✘ Customers
✘ Research
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23. Wilson Fletcher @ WFD / Feb 2020
What about the futurestate?
✘ Data - blindspots everywhere
✘ Performance - retrospective
✘ Competitors - self-reflective
✘ Customers - shortsighted
✘ Research - focuses on averages
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24. Wilson Fletcher @ WFD / Feb 2020
Future success will not
come from being logical,
obvious or average, or
basing future strategy on
historic data.
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25. Wilson Fletcher @ WFD / Feb 2020
You won’t find the future
in…
✘ Spreadsheets
✘ Canvases
✘ Your peers
✘ Your data
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29. Wilson Fletcher @ WFD / Feb 2020
Always start with the ‘to’.
Do not do any current state analysis until
after you have envisioned your future.
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30. Wilson Fletcher @ WFD / Feb 2020
Think digital-first.
Assume 100% of your future customer
interactions are digital.
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31. Wilson Fletcher @ WFD / Feb 2020
Think about them.
Ban any reference to how you do
anything today, or what you have today.
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32. Wilson Fletcher @ WFD / Feb 2020
Think without
constraints(ish).
If you see that someone else is doing something
like it, assume it can be done by you.
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33. Wilson Fletcher @ WFD / Feb 2020
Imagine that you have to
compete with everyone.
The expectations of your future customers will
be set by the best they experience of anything.
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34. Wilson Fletcher @ WFD / Feb 2020
Get your head into the
future ‘new normal’.
Assume ‘that will never happen’ or ‘people will
never do that’ has happened.
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35. Wilson Fletcher @ WFD / Feb 2020
Think about how to
become an alternative to
yourself.
What future you would make you obsolete?
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