Outside your comfort zone
Jueves, Junio 4th, 2009The first week of May I attended in New York City the program “Creative Cultures: Making Innovation Work” organized by IESE Business School and Vivaldi Partners.
It was enriching and uplifting for many reasons: the colleagues, the faculty, the case studies addressed and discussed, as well as the experience of convening the two days of the World Innovation Forum
Let me share with all you in this post some of the main learnings of that worthy week.
According to C.K. Prahalad, there are four underlying forces that have changed business during the past five years: connectivity, reduction of the cost of technology, the convergence of industry boundaries and technology, and the tremendous success of social networks. All this has led into a change of paradigm that nobody can deny: we are moving from product oriented to an experience view of business. So, the challenge is to co-create a personalized experience with each of the customers.
Paul Saffo opened his speech recognizing that we are overwhelmed of uncertainty, but he stated that this is as well an opportunity for innovation. In this process of reinventing the organization, real leaders will be capable to deal with fears and overcome adversities.
Following methodologies and procedures, properly advised, but guided as well for his soul and instinct, true leaders will play the role of being the spark for exploring the strange thing and make it familiar. Saffo stated that today´s technology is defining the tomorrow´s creator economy, that is why we are in a middle of a big shift: from mass media to personal-social media.
Don´t you think that those in charge of advertise, build and sustain brands have many things to do and provide in this new scenario called “markets of conversations”? Have you realized that the way you relate with your clients can no longer be one-way and vertical because now you are no longer the only owner of the brand? It is time to stop “shouting” and putting pressure to your target market; now is time to find ways for generating and feeding deep dialogue and interaction with them. Brand engagement, through personalized experiences, is the key to compete in unique dimensions and to offer de-commoditize products and services.
One of the best case studies addressed was that one of the writer, producer and director Bill Block and his great and awarded short film titled “The Drummer”: a great metaphor to convey, in an extraordinary way, that it is possible to find success outside your comfort zone. It is just a question of being so brave to escape from it and be willing to re-birth.
Angel Gonzalez