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M I C H A E L J A C K SON‘S
CHALLENGE OF
INNOVATIVE THINKING
YOU AND YOUR BUSINESS IN THE NEW ECONOMY
Trade 1950
SMS Research
2001 1960
e-Mail Mail
1994 1970
Phone Calls 1980
Globalised
Stressed No Barriers
Idealised Tech-filled
Cooperative
1950’s
1950’s: Weeks
2000’s: 1960’s:
Instant Days
1990’s: 1970’s:
24hrs Minutes
1980’s: Now
Be pro-active & disregard dogma
Focus on your core competency &
take responsibility
Stick to the key
business issues
( work / cash / health / technology )
Be accountable for
what you do
End of Industrial
Revolution
Era of Telling
Lux
Competition
Era of Selling
Coca-Cola
Consumer
Revolution
Choice! McDonalds
I want it all,
& I want it…
Now! Nike
.5 m 1980 / +1.2 b 2010
6b
Satellite
Security
TV
Marketing
Individual
Relationships
Niche
Marketing
Community iPod
Reality Search
Crowdsourcing
Connectivity
Status
... & then there’s updates
facebook Check messages in real time
Share what you want about yourself
& twitter ... linkedin... Communicate
with the world:
+400 million users
Sort friends into
categories
& all the others... (+5m per week)
---------------------
Each day:
3b minutes online
Chat & post
20m status
pics or video updates
850m photos
24m content
pieces
Today’s customers have
all the knowledge,
options, choices & the
power
What they lack...
Loyalty & Trust
1960’s: Isolated
‘10’s ‘70’s
Active Awakening
‘00’s ‘80’s:
Connected Involved
1990’s: Informed
Then Now
Divide & rule No barriers
Secrecy Cooperation
Silo mentality Skill sharing
Products Solutions
Business–focused Customer-centric
National Global
Be afraid of your
customers, because
those are the folks
who have the money
Your competitors are never going
to send you money
A clearly understood brand image
A strong people & technology focus
A detailed understanding of the
modern economic mindset
Being always on, always
different, always changing
& always available
Oil
Inflation Weather
Food Prices Real Estate
War in the Gulf
The financial crisis won't
lead to end of capitalism
or a depression
..the solution lies in the amount of
innovation taking place;
whose investment is actually
greater today than ever
How on earth
do we manage
all this
change?
Announce
Adapt Intended
Change Result
(Time)
Delivery
Surprise
Frustration Progress
Anger
Belief
Disappointment Commitment
Fear
Accept /
Denial Decline
Acceptance
Trial
We must confront ourselves
in order to achieve growth &
deal with the issues of today
M I C H A E L J A C K SON‘S
CHALLENGE OF
THANK YOU
michael@theothermichaeljackson.com
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