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[email protected] RUDMAN CONSULTING 2nd March 2009 HANNAH RUDMAN The Booth: Looking to the Future www.slideshare.net/hanrudman

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Page 1: Booth020309

[email protected]

CONSULTING

2nd March 2009

HANNAH RUDMAN

The Booth: Looking to the Future

www.slideshare.net/hanrudman

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CONSULTING

Diminishing digital divide?

• Connectivity and kit– 87.6% UK homes have digital TVs– 300m smartphones in the world,– Nokia making an entry level handset,– Malawi building IT infrastructure for smartphones not

PC– 4bn mobile users in 12mths– 10% global population on

broadband in 12 mths

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CONSULTING

It’s not about the technology

• Convergence

– In a few years time,

mobile devices will

hold 10TB data

(10,000 GB)

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CONSULTING

Digital Development:

• It’s NOT about the technology!

• Grownups believe the world is just like when theywere growing up and that everything happeningnow is an exception.

• Change blindness is rife…

• Its actually about keeping up with the socio-economic / cultural behaviour changes

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CONSULTING

What trends are we looking at?

New Societies50+ yearsGigatrends

Societal shifts,industrial shifts

15-50 yearsMegatrends

Business cycles,technologiesimpactingsocio/cultural/economic behaviours

5-15 yearsMacrotrends

Fashion, fads,technologydevices/platforms

1-3 yearsMicrotrends

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CONSULTING

People want to do more than attend

• Personalise

• Participate

• Co-produce

• Create meaning

– Alan Brown’s latest research: WolfBrown

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CONSULTING

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CONSULTING

Status Stories: story caching

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CONSULTING

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CONSULTING

Why Social Networks?

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CONSULTING

Develop a social media strategy

• Connect

• Build relationships

• Collaborate

• Know your market

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CONSULTING

The end of control?In the past, you were what you owned. Now you are what

you share.Charles Leadbeater, We Think.

You may struggle to own the content. But you can ownthe

CONTEXT, MEANING, RELEVANCE, EXPERIENCE,EMBODIMENT, TIMING

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CONSULTING

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CONSULTING

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CONSULTING

And a word of warning…

• Formally…

– Audience

– Consumer

– Listener

– Customer

– Buyer

• Now..

– Users

– Co-creators

– Contributors

– Peers

– Producers

– Promoters

These people are your new sales & marketing, press& PR teams - don’t underestimate the importance of

building a relationship with them!

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CONSULTING

From push to pull

• Business is changing

– Networked, distributed

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CONSULTING

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CONSULTING

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CONSULTING

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CONSULTING

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CONSULTING

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CONSULTING

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CONSULTING

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CONSULTING

Open Innovation/user innovation

• The people with the best ideas don’t work for you

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CONSULTING

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CONSULTING

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CONSULTING

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CONSULTING

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CONSULTING

What about The Booth?

• Wordle.net

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CONSULTING

How can peer voted, democratic modelsbe applied?

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CONSULTING

What is your crowd’s dynamic?

How well do you know your partners’ appetites?

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CONSULTING

What data do you have that can beexplored?

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CONSULTING

Peer-to-peer ownership

• What are the opportunities for members asinvestors?

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CONSULTING

Tighten your tribe

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CONSULTING

New business for new consumers:Questions…

• Who are your crowd/network, are you in contactwith them?

• API’s/ Free the data?

• Crowd source funding?

• Open Source Funding?

• User-owned IP?

• Shared asset ownership?