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Generation Flux. Secrets to survival and even success in the Digital Age. Business Is Pure Chaos. The irony : The pace of change, driven by the global adoption of social, mobile, & other new technologies, has created… Less visibility than ever in modern history about where we are headed!.

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Generation Flux

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Generation Flux

Secrets to survival and even success in the

Digital Age


Business Is Pure Chaos

The irony:

The pace of change, driven by the global adoption of social, mobile, & other new technologies, has created…

Less visibility than ever in modern history about where we are headed!


The New Reality

Uncertainty becoming the norm in boardrooms

Key questions:

  • Which competitive advantages have staying power?

  • What skills matter most?

  • How can you weigh risk & opportunity when the fundamentals of your business can change overnight?


Case Study: Cell Phone Market

  • 5 years ago, 3 cell phone companies controlled 65% of the market; Nokia, RIM, & Motorola

  • The iPhone…a single product…changed everything

  • Today, Apple & Samsung dominate the market

  • Unprecedented disruption in a global, multi-billion dollar market


Consider:

  • Disruption of advertising & publishing

  • The collapse of traditional print media

  • Online education are eroding all of our assumptions about higher learning

  • Twitter & social media tools are changing politics

  • Cars are now rolling, talking, multi-media hubs

  • A worlds where impoverished refugees would rather go without food than cell phones

  • Where every form of media (music, TV, movies) are being reconsidered, remade, and threatened every day


Make No Mistake. This New Economy is for REAL!

  • Despite global recession, currency crisis, & financial instability…the pace of disruption is roaring ahead

  • A new approach will be required

    So who will thrive & prosper?


Generation Flux

YOU! The first true digital generation (homo digi-sapien)

The keys?

  • A mind-set that embraces instability

  • Tolerates (enjoys) the regular recalibration of careers

  • Expects business models and assumptions to change

    constantly


New Principles to Thrive

  • You don’t know what you don’t know

  • Be Not Afraid

  • Nuke Nostalgia

  • There are no perfect role models


Lessons of Flux

  • Institutions are increasingly out of date

  • Long careers are dead

  • The quest for business rules is dead

  • Don’t count on established business models or a corporate ladder to point the way

  • Silos between industries are breaking down


We have been here before

Industrial revolution gave way to global war, economic & political upheaval, “ism’s”, and cultural anxiety

Not all change will be good; optimists will react one way & pessimists another

“It’s not the strongest species that survives, or even the most intelligent. It is always the one adaptable to change.”

Charles Darwin


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