In March of this year, I had the pleasure of interviewing global credibility expert Mitchell Levy for a terrific On The Brink podcast. Then recently the tables turned and I was the interviewee! Mitch is on a quest to interview 500 thought leaders on credibility for his Thought Leader Life show, and I was honored to be included. I really enjoyed our talk, mainly because it focused on helping organizations change their corporate cultures and grow their businesses in these changing times. As you know, I'm a Blue Ocean Strategist® and a culture change expert so this was right up my alley.
Are you ready to leave the bloody waters of the "red ocean strategy" you’re swimming in and instead, experience the clear, uncontested waters of a Blue Ocean Strategy? What's a Blue Ocean Strategy anyway? And how could you find one for your business or organization?
This video shows you!
In response to so many requests bubbling up during this pandemic and economic recession, I created a new video to help you understand three things:
- What is a “red ocean strategy” in which you are competing against others very much like you?
- What are the five most important elements of a differentiating Blue Ocean Strategy?
- How could you use the Blue Ocean Strategy tools to discover unmet needs, non-users and new ways to add value with innovation, opening up growth opportunities that are perfect for your future?
Make the competition irrelevant
Briefly, Blue Ocean Strategy isn't about doing more of the same, cheaper, or competing with others in the same industry you're in today ("red ocean"). It's about finding customers' unmet needs so you can open a new market space that you can own ("blue ocean"). In these turbulent, disruptive times, businesses and even non-profit organizations need a Blue Ocean Strategy more than ever so they can not just survive, but thrive.
A trained practitioner in Blue Ocean Strategy, I’ve conducted over 425 workshops and speeches and worked with a wide range of global clients on their Blue Ocean Strategy. It is never easy, but we truly believe that the way forward is all around you--if only you can see it. Let us help you.
To view/download the presentation, click on the image below
As we have been working with our clients during this pandemic, we're noticing a recurring theme. They are unhappy about not knowing what comes next. They've figured out how to deal with living at home, working at home and being at home. But now they're beginning to be uncomfortable and anxious about what's coming next. It's strange, isn't it, that without a clear vision of the future, it's often impossible to live today. I've recently recorded a podcast talking about this, which you can listen to here.
Martin Seligman's work on homo prospectus tells us a lot about how we need to see the future clearly if we're going to leave today...even if the future is an imagined one, because that's the way our brains work. Now the challenge is how to do our work when we're uncertain about what's going to be the new normal. What's more, we're not sure it's coming back to what it was. And we're not sure what it's going to be next.
During this crisis period filled with uncertainty and disruption, you might pause, step back and turn lemons into lemonade. There probably isn’t much else you can do. If we at SAMC could help you now, it would be to urge you to take some time to use Innovation Games® to bring those big, new ideas to the forefront of your thinking about yourself, your business and your future. In fact, Andy and I recently did an On The Brink podcast about how Innovation Games are a very effective way to not only help you look into the future and rethink where your organization is going, but also figure out how to get there. You can listen to it here.
At Simon Associates Management Consultants (SAMC), we help organizations innovate and change. And as Blue Ocean Strategists®, it is critical that we understand where the world is today and where it is trending for tomorrow. We know that the rate of change is accelerating year after year. Coupled with this is the wrinkle of COVID-19 and how we deal with this pandemic.
But for me, personally, I don’t want to talk about the big mega trends. I want to talk about my world. How I am affected by this crisis. What I see as trends from my corner. Perhaps you have adapted or adopted some of these new trends for yourself. Take a look and perhaps comment or give me something from your perspective.
These are chaotic times. And we are in crisis mode. And while there are significant problems, there are also great opportunities. We can re-create our companies and ourselves for the future. No doubt it’s going to be very different. The challenge, however, is that people are uncomfortable when there’s no certainty. What I am suggesting is that this is the time for us to begin to use new tools and to see how we can adapt ourselves, our companies, our staff and our customers in innovative ways.
We often tell our clients that if they need to reignite their business or change their market strategy or create a new business model, they should have a crisis or create one. Well, with the COVID-19 pandemic upon us, the crisis is here, and change is all around us. So what can you do individually and as a business to adapt?
First, don’t panic. Don’t be the proverbial deer in headlights. By being willing to change in big ways and small, you are doing something good to help others and protect yourself. It is ok.
Next, how do you help your folks respond so they too know it is ok? This is a time for exceptional, emotionally intelligent leadership. Keep it simple. You need to lead so others trust your judgments and want to follow you. No one knows exactly what to do right now, so it is a time to learn how to deal with an unknown crisis together.
Every industry has been experiencing massive, fast, and sometimes devastating changes over the last decade or more. Take Lyft and Uber, for example, and how they’ve upended transportation. Or how Airbnb and the sharing economy have disrupted the hospitality industry, or how Spotify forced Apple to rethink its iTunes business proposition. Apps and mobile devices continue to cause major market shakeups as they either change the way people interact with a market or find their way into new markets. And it’s not slowing down, it’s speeding up!
Once again, it’s awards season in Hollywood. And once again, women have been largely (and very noticeably) snubbed by the film industry.
At the recent Golden Globes, none of these female directors were nominated: Greta Gerwig (“Little Women), Marielle Heller (“It's a Beautiful Day in the Neighborhood”), Lulu Wang (“The Farewell”), Lorene Scafaria (“Hustlers”) or Olivia Wilde (“Booksmart”). What’s going on here? Is the male grip on Hollywood really that tight?
Apparently so. Take a look at this year’s list of Oscars nominees and you’ll see the exact same story: no women directors.
Should we be surprised? In 91 years, the Oscars have recognized only five women in the Best Director category: Lina Wertmüller (“Seven Beauties,” 1975), Jane Campion (“The Piano,” 1994), Sofia Coppola (“Lost in Translation,” 2003), Kathryn Bigelow (“The Hurt Locker,” 2009) and Greta Gerwig (“Lady Bird,” 2017). Bigelow is the only one woman who’s ever won, and no woman of color has ever even been nominated.
Sidelining women in film is a recurring pattern, not a one-off
Back in the 1990s, the only way to communicate with out-of-office employees was by sending a personal message via colleague or landline phone. I can also remember when we wanted someone in the office to read something, we passed it along with a “buck slip.” And if you were at the end of that slip, you might not see it for months!
Yet today in the age of the internet, smartphones, streaming and the cloud, we are always connected, and the line dividing our personal and professional lives is increasingly becoming blurred. New technologies are constantly coming at us, causing organizations across industries to experience digital disruption. What does it all mean?
Digitalization is changing the workplace so dramatically that the acquisition of new digital skills has become a prerequisite for success