innovating in a forever recession by dinis guarda
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Innovating in a Forever Recession@dinisguarda - Founder and CEO
How to Innovate in a Forever recession?What is Innovation now?
Innovative disruption versus
Sustained Innovation
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
The concept of “Forever recession”, coined by Seth Godin is particularly relevant to the present world climate and the business
challenges we face today.
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
There are two recessions: The first is the cyclical one, the one that inevitably comes and then inevitably goes. There’s plenty of evidence that intervention can shorten it, and also
indications that overdoing a response to it is a waste or even harmful…
The other recession, though, the one with the loss of “good factory jobs” and systemic unemployment…I fear that this recession is here forever”
Seth Godin in his book “The forever recession”.
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
5
Every Individual =
Brand - Media - Startup - Data - Innovation Company!
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
Every Business =
Brand + Media + Financial + big data + Innovation Company!
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
The evolution of internet has been building with it an entire new economy that now is by default digital.
Its future is creating an AI predictive algorithm based real time big data, IOT and modeling system of operations that all businesses around the world are adoption. The
business leaders that fail in this will disappear in a short term spam.
Innovation is the capacity to bridge all this.
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
In essence, we are living in a continuous crisis.
But when you are in crisis it forces you to change and adapt faster. Similarly, you will invest more effort in upgrading your knowledge, skills, and focus. When forced into a crisis
it is imperative for any business to figure out how to do something unique and discover how people will be able to pay for it, or get enough solutions to get what is really
necessary. Crisis can make people more innovative, and productive.
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
In a world that has been changing drastically since the post-industrial revolution, the way ideas spread, products, marketing and communication are radically new, and constantly evolving. Thus, in such a landscape there is a need for a strong focus leadership. When you find yourself in a world shaped by crowdsourcing, numbers, data, and most of all where social behavior is irreversible, the best position is to keep a strong identity and
focus.
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
Innovation and Creative destruction refers to the incessant product and process innovation mechanism by which new production units replace outdated ones.
It was coined by Joseph Schumpeter (1942), who considered it 'the essential fact about capitalism'.
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
Innovation and Creative destruction refers to the incessant product and process innovation mechanism by which new production units replace outdated ones.
It was coined by Joseph Schumpeter (1942), who considered it 'the essential fact about capitalism'.
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
Innovation = Cycle of evangelisation
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
Me to we you to meCreative (digital) evangelisation?
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
The algorithm big data driven economy
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
Prometheus myth have parallels within the beliefs of many cultures throughout the world; see creation of man from clay, theft of fire, and
references for eternal punishment and the religious symbolism expressed in the book of Genesis.
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
Are we living in a digital Prometheus IoT world giving birth to the next machine singularity evolution of mankind with technology?
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
mindset of innovation?
Tech
Big data
Social media
IoTBlockchain tech
Basics of communication – Capacity to change
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
"Anything that is essentially a network, either of communications or of coordination or of marketplace transactions ... that can scale to millions to
hundreds of millions of people, those are the kind of things that really interest me. (…) Because those are part of what transform our economy, and also our
society.” Reid Hoffman
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
What narratives – story telling - are we constructing?
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
Big Data is the oil of the 21st century. But oil is just useless thick goop until you refine it into fuel.
And it’s this fuel – proprietary algorithms / insights that solve specific problems that translate into actions – that will be the secret sauce of
successful creators - organizations in the future.
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
What makes an innovative professional?
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
24
Innovative Strategy
Evangelisation
Get close to networks and engage them: online
and offline
Define clear goals, actions and get network
on board
Get data about each user segment and understand their
needs
Increase awareness of message, brand & value
proposition
Leverage Social Media channels to activate relations & business
Map landscape – long tail - audiences. Create Message channels for each group
Leverage Best of Tools, offer value and associations that
create value
Retain & develop ambassador / IB Program
Focus in Increasing leadsOwned + Earned Media
Create customised events with industry respected
partners.
Use right syndication, social media right channels to
engage users through target content
Create engagementvia premium content, Education and events
Pro-active education & engagement
Leverage a network of partners – online and offline.
Evangelise your creative message
Map / Get right context: channels / influencers
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
Some innovation ideas DNA to bear in mind: synthesis:
1. Build a community and culture, but start in-house;2. Have a clear message / focus, and even if it changes be honest about it;3. Continuously take a double Reality Check;4. Make sure you don’t go it alone; create partnerships and collaborate;5. Be straight forward, honest and play to your strengths;6. Apply persistence, honesty and rigor;7. Move to where your audience and consumers are;8. Always keep your idea, product, services, or offering in beta and learn from other Industries;9. Make sure you keep on testing your idea;10. Be a leader of change;11. Balance passion and objectivity;12. Keep on learning, adapting and changing!
To finish again a quote Seth Godin in the article “Forever recession”:
“Job creation is a false idol. The future is about gigs and assets and art and an ever-shifting series of partnerships and projects. It will change the fabric of our society along the way. No one is demanding that we like the change, but the sooner we see it and set out to become an irreplaceable linchpin, the faster the pain will fade, as we get down to
the work that needs to be (and now can be) done.”
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
Dinis Guarda, Founder and CEO dinis.guarda@ztudium.com - ztudium.com – Twitter @dinisguarda
Publisher: intelligenthq.com – openbusinesscouncil.org - hedgethink.com – tradersdna.com
thank you
Innovating in a Forever Recession
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