Have you heard of the title “Chief Reinvention Officer”?
Nadya helps people & organizations turn change & disruptions into an opportunity — and a source of real competitive advantage — again and again.
Called ‘The Reinvention Guru’ (In Ventures magazine) & ‘The Queen of Reinvention’ (TEDx Navasink), Dr. Nadya Zhexembayeva is a business owner, educator, speaker & author — specializing in reinvention.
As a consultant, Nadya has helped such organizations as The Coca-Cola Company, ERG, Kohler, L’Oreal, IBM, CISCO, Erste Bank, Henkel, Knauf Insulation & many others to reinvent their products, processes, & leadership practices. …
This month the theme for me has been Reinvention. It started out with me finding out about Dr Nadya Zhexembayeva, her website The Reinvention Officer and then me interviewing her on my podcast Business Bookshelf (to be aired next month). Nadya has created the title of “Chief Reinvention Officer” and with the help of her community has written a book titled “How to Thrive in Chaos”. This inspired me to have another look at what Idea Storm offers and reinventing my messaging (again). More of this below.
Exponential Innovation & Leadership — driven by Purpose
In the 1950s organisations lasted for 75 years, in the 2000’s this was reduced to 15 years and it is less today. Organisations need to be constantly looking at reinventing themselves but often don’t have a clear strategy on how to do this. …
Half a century ago the life expectancy of a firm in the Fortune 500 was around seventy-five years. Ten years ago this was reduced to 15 years and is even less today.
The retail and restaurant industries have been particularly hard hit with them facing the Amazon juggernaut and now the Covid-19 pandemic. Here are some notable examples of retailers and restaurants that have filed for bankruptcy this year — Papyrus, Kroger, Earth Fare, Pier 1, Art van Furniture, Modell’s Sporting Goods, True Religion, J.Crew, Stage Stores, Garden Fresh Restaurants, JCPenney, Tuesday Morning, GNC, Chuck E. …
Can Amazon be blamed for the demise of dozens of retailers across the world?
There is a retail apocalypse taking place at the moment. In 2019 alone US retailers announced 9,302 store closings, which is a 59% jump from 2018.
The most prominent retailers effected by the retail apocalypse are:
Welcome to the final week of our three-week series looking at Exponential Organisations. The first week we looked at what is causing the rise of exponential organisations, last week we discussed what made a company an exponential organisation and we will conclude this week with how to become an exponential organisation.
We defined an exponential organisation as a company that grows at an above-average rate — up to ten times faster than comparable companies in the industry — but can make do with considerably fewer resources thanks to new forms of organization and the use of new, especially digital, technologies.
Exponential Organisations have emerged because of the incredible advancements of emerging technologies like 3D printing, advanced robotics, biotechnology, blockchain, digital design, energy storage, high-performance computing including cloud computing, internet of things, artificial intelligence and others. …
What do the top companies today have in common? Can we learn these similarities and implement them in our companies?
Welcome to week two of our three-week series looking at Exponential Organisations. Last week we looked at what is causing the rise of exponential organisations, this week we will discuss what makes a company an exponential organisation and we will conclude next week with how to become an exponential organisation.
An exponential organisation is a company that grows at an above-average rate — up to ten times faster than comparable companies in the industry — but can make do with considerably fewer resources thanks to new forms of organization and the use of new, especially digital, technologies. …
This week will be the start of a three week blog series. This week we will discuss the rise of the exponential organisations, in week 2 we will look at the attributes that make a company an Exponential Organisation and in the third week how your company can become one.
I need to state upfront that the concept of the Exponential Organisation comes from a book by Salim Ismail fittingly called “Exponential Organizations” and this blog features work done by Peter Diamandis — co-founder of the Singularity University, Rob van Alphen — CEO of School of Disruption and Francisco Palao — CEO of OpenExO. …
A lot has been happening in my life in the last month. I have recently joined an organisation called OpenExO which has over 1,500 independent consultants around the world. Our mission is to assist startups to become Unicorns and to help existing organisations to transform to becoming exponential organisations.
OpenExO’s founder is Salim Ismail who was also one of the founders of Singularity University and author of the book Exponential Organizations. In the book, Salim has identified 11 attributes that define an exponential organisation and the key attribute is that they all have a Massive Transformative Purpose (MTP).
For today’s blog I would like to discuss with you what an MTP is and how you can create one — not only for your business but also for you as an individual. …
The fourth blog in the My Thoughts/Your Thoughts series is going to cover the latest John Maxwell podcast called “Candid Conversations: Do it now”.
John Maxwell focuses on leadership and his books have sold more than 19 million copies. I have always enjoyed listening to his podcasts.
This particular podcast’s title is “Do it now”, which I have tried to implement in my own life. The main challenge I have with “Doing it now” is that there is always an element of risk involved. An example of this is that I have an opportunity to do a course that could change my life. This course costs $600. I have decided to “Do it now” but I am risking that money and time. …
“The question I would ask the entrepreneur, the freelancer, the consultant, is: ‘Do more people trust you and pay attention to you today than six months ago, and what are you going to do between today and six months from now, that is going to radically change the number of people, and how deeply they pay attention and trust you?’”
– Seth Godin
Have you watched Bohemian Rhapsody? It is a fantastic movie about Freddie Mercury and Queen. For Freddie Mercury to rise to iconic status he had to go through a number of Attention/Trust phases.
1. Freddie had to get the attention and then trust of the band. …