replacement economy prod & innovation
TRANSCRIPT
![Page 1: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/1.jpg)
Banff ▲ Brussels ▲ Singapore
www.banffexeclead.com
Strategy & Leadership for The Replacement Economy
Incl. Innovation & Productivity
![Page 2: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/2.jpg)
1. Today’s Replacement Economy Factors
2. Strategy for Sustainability
3. Leadership for Innovation and Productivity
4. Conversation
Today’s Session
![Page 3: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/3.jpg)
Facets of the Replacement Economy
Replacement
Economy
Increased Price of
Oil/Energy
Int’l Competitors China/India/
Korea/ S America
End of Colonialism & ↑
Developing
World Salaries
Increased Quality &
Durability of Goods
New Mkt Entrants
Rise of Internet Business
Increased Debt levels of
Countries, Co’s & Individuals
Wealth Consolidation [The Top 1%]
Population Pyramid
Inversions
Global Water
Shortages
![Page 4: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/4.jpg)
Population Dynamics
![Page 5: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/5.jpg)
Policy Impacting Population Dynamics
![Page 7: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/7.jpg)
Disposable Income & Wealth Concentration
![Page 8: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/8.jpg)
Government, Corporate, Household Debt
![Page 9: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/9.jpg)
Water Table & Aquifer Depletion
![Page 10: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/10.jpg)
Water Table & Aquifer Depletion
![Page 11: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/11.jpg)
Improved Durability & Quality
![Page 12: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/12.jpg)
Oil Scarcity & Price
![Page 13: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/13.jpg)
Strategy for Sustainability
1. Systems & Network Thinking
Relative Orders of Magnitude of
Decisions/”Tweaks” are critical
![Page 14: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/14.jpg)
Strategy for Sustainability
2. Understand Varied Impacts/Conditions for Your Org./Region
![Page 15: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/15.jpg)
Strategy for Sustainability
3. Dialogue, Trade-offs & Policy/Priority Setting
I.e. Fresh Water Priorities
![Page 16: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/16.jpg)
Strategy for Sustainability
4. What do you STOP Doing?
![Page 17: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/17.jpg)
Leading for Innovation & Productivity
30%
70%
![Page 18: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/18.jpg)
Leading for Innovation & Productivity
![Page 19: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/19.jpg)
Leading for Innovation & Productivity
Zero-Sum World & New Consumer
?
![Page 20: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/20.jpg)
Leading for Innovation & Productivity
Innovation for Value Creation
Authentic: IP, Unique Applications,
Natural Resources,
Strengths (i.e. Nano-tech related to pipeline coatings)
![Page 21: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/21.jpg)
Leading for Innovation & Productivity
Hardware vs. Software vs. Combined
![Page 22: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/22.jpg)
Leading for Innovation & Productivity
Products vs. Experiences
![Page 23: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/23.jpg)
Leading for Innovation & Productivity
Productivity for Sustained Profits &/or
Improved Std of Living
![Page 24: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/24.jpg)
Rank Country GDP (PPP)
per hour 2013
1 Norway 75.14
2 Luxembourg 73.22
3 United States 67.32
4 Belgium 60.98
5 Netherlands 60.06
6 France 59.24
7 Germany 57.36
8 Ireland 56.05
9 Australia 55.87
10 Denmark 55.75
11 Sweden 55.28
12 Austria 54.83
13 United Kingdom 51.38
14 Canada 50.29
15 Iceland 50.01
16 Switzerland 49.88
17 Spain 49.59
18 Finland 48.79
19 Barbados 46.19
20 Italy 45.04
21 Japan 43.77
22 Singapore 41.46
23 Hong Kong 41.30
24 Trinidad and Tobago 40.04
25 Taiwan 39.97
26 Slovenia 39.78
27 Israel 38.99
28 New Zealand 36.83
29 Malta 36.02
30 Slovakia 33.44
Leading for Innovation & Productivity
From: Conference Board
2013 Global Innovation Index
Canada’s Productivity Growth
GDP (PPP)/worker:0.6% Rank: 91st
![Page 25: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/25.jpg)
Leading for Innovation & Productivity
Revisit Fundamentals:
1. People: Focused, Motivated, Effective – Add Value? 8Hr Day?
2. Organization Design – Customer/Service-focused deployment
- Form follows Function?
3. Compensation & Reward Design – Full Perf Mgt
4. Technology & Interfaces – Enhance human creativity & capacities
5. Executive Facilitation
6. LEAN, 6-Sigma, LEED – Driven by Outcomes/Vision
How might you Measure Productivity in the Public Service?
![Page 26: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/26.jpg)
Leading for Innovation & Productivity
![Page 27: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/27.jpg)
From: “Beware the Busy Manager” – Bruch & Ghoshal – HBR Feb 2002
Focus
Energy High
High
Low
Purposeful
10% (Focused)
Distracted
40% (Busy)
Disengaged
20% (Exhausted)
Procrastinating
30% (Checked-out)
Focus = Concentrated attention on goals, outcomes, results
Energy = Vigor fueled by intense personal commitment & initiative
Leading for Innovation & Productivity
![Page 28: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/28.jpg)
Replacement Economy Summary
2008 – 2012 – 2015 +
The New Normal?
• Revised Strategy
• Innovation & Productivity
Leadership
![Page 29: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/29.jpg)
Workshop Conversation
What ideas has this session stimulated for your Strategy and Leadership in your organization?
How might role of government and policy-making respond to the reality of the future Replacement Economy?
What traditional business/industry might you want to replace in your jurisdiction – and with what area of new focus?
![Page 30: Replacement Economy Prod & Innovation](https://reader033.vdocuments.net/reader033/viewer/2022042716/55b88a3abb61ebf5558b4663/html5/thumbnails/30.jpg)
Phone: 403.762.5100
Email: [email protected]
Suite 100, 201 Spring Crescent
P.O. Box 4870 Banff, Alberta, Canada, T1L 1G1
Thank you
www.banffexeclead.com