Future Value Generation
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Future Value Generation
It is all about the how we can generate value in a future society
Curated by Daniel Egger
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Amazon Best Sellers: Best Strategic Management

Amazon Best Sellers: Best Strategic Management | Future Value Generation | Scoop.it
Discover the best Strategic Management in Best Sellers. Find the top 100 most popular items in Amazon Kindle Store Best Sellers.
Daniel Egger's insight:
Thank you all I am deeply grateful. My book - Future Value Generation - is listed as HOT NEW RELEASE in the Strategic Management category at Amazon
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Navigating the Dozens of Different Strategy Options

Navigating the Dozens of Different Strategy Options | Future Value Generation | Scoop.it

Executives are bombarded with bestselling ideas and best practices for achieving competitive advantage, but many of these ideas and practices contradict each other. Should you aim to be big or fast? Should you create a blue ocean, be adaptive, play to win — or forget about a sustainable competitive advantage altogether?



Via Kenneth Mikkelsen
Daniel Egger's insight:

Interesting. Independently what approach is chosen, or better what portfolio of approaches, strategic and innovation management is increasingly turning dynamic and fluid. Executives have to explore and question constantly what value they generate and how it is perceived. Will be "value thinking" more important than production (automation, robot AI) in the near future?

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Ghita Benkirane's curator insight, July 20, 2015 2:50 AM

L'histoire des tendances de Management

Ante Lauc's curator insight, September 6, 2015 4:30 AM

it  is very good systematic interpretation, but from my point of view the most important is autopoietic, but it is not presented. 

Thorsten Strauss's curator insight, September 24, 2015 8:00 AM

insight : overview over strategy options. This is one of those posts that is better than others. 

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Human Centric Futures

Human Centric Futures | Future Value Generation | Scoop.it
The key to success is access to opportunity. It is about uncertainty, opportunity, resiliency, and most importantly to stay relevant for the society. In today’s ever-changing world, we cannot explore new possibilities and reduce the impact of daily surprises in pure certainty, nor in complete uncertainty; we need integration. The creation of an Opportunity Space that lies between the present and the possible, the certain and the uncertain. To access it we have to explore the synergies between innovation, strategy and the future.To create that space of opportunity, no exclusivity of meth
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The Cynefin Framework: Using the Most Appropriate Problem-Solving Process

The Cynefin Framework: Using the Most Appropriate Problem-Solving Process | Future Value Generation | Scoop.it

The most effective leaders understand that problem solving is not a "one-size-fits-all" process. They know that their actions depend on the situation, and they make better decisions by adapting their approach to changing circumstances.

 

But how do you know which approach you should use in a particular situation? And how can you avoid making the wrong decision?

 


Via Kenneth Mikkelsen
Daniel Egger's insight:

Cynefim is all about understanding your context. It divides the logic of the present situation in obvious, complicated, complex or chaotic. There exit many possible ways to excel in innovation, futuring and strategy. Still, strategy is often obvious, especially when you link monetary rewards with execution. Innovation was adapted by the market as complicated (sense, analyze and respond). And Futuring is by definition complex, and we can fully understand it only when it arrives. The interesting aspects in that observation is that organizations have to work all three dimensions - obvious, complicated and complex to guarantee sustainable value generation over time. We need integration.

 

However, the categorization of Strategy, Innovation and Futuring represent only their initial states and different methods, methodologies and tools exist to alter their dimension in the Cynefim Model. The Framework is rich, inspiring and most importantly helps you to increase the awareness about the initial situation and what challenges lie ahead. 

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Kenneth Mikkelsen's curator insight, February 15, 2015 5:03 PM

Use Dave Snowden's Cynefin framework to identify the type of situation you’re in, so that you can decide how to move forward.


Watch also this video with Dave Snowden explaining the Cynefin framework. And dig into Dave's blog posts here


Mike Donahue's curator insight, February 16, 2015 10:19 AM

This framework provides guidance to solving different problems in different ways rather than approaching all problems with the same process. The article provides some simple but clear examples of how to know which situation you're in and how to proceed.

Dorothy R. Cook 's curator insight, March 26, 2015 8:47 AM

Some things are worth having others are worth keeping.

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Future Value Framework v.1.0 (March 2015)

The 99.9% ready Future Value Framework (FVG) - Integrating Strategy, Innovation and the future.
Daniel Egger's insight:

The New Version of the Future Value Framework is online. Some adjustments were made in the logic, visual and the overall structure. 

 

The Framework supports a logic that integrates strategy, innovation and the future into a practical process. Its objective is to balance short term and long term value generation and to increase organizational agility.

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Sony's e-ink smartwatch shows how also big brands may use crowdfunding to test new products on the early adopter market

Sony's e-ink smartwatch shows how also big brands may use crowdfunding to test new products on the early adopter market | Future Value Generation | Scoop.it
Sony has used the clever guise of crowdfunding to release its latest innovation, an e-ink smartwatch.

Via Carlo A. Zanaboni
Daniel Egger's insight:

Adapting startup mentality and MVP (Minimal Viable Product), or let me say MDP (Minimal Desired Product) allows organizations as 3M or now Sony to experiment new products in a protected environment, controlling risk and capture insights. Crowdfunding increasingly turns out to a branding and insight feedback channel. What implication has those to observe changes to market surveys, market intelligence, R&D and the overall culture of organizations?

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Q Sensor: The data of our emotions

Q Sensor: The data of our emotions | Future Value Generation | Scoop.it
The wireless sensor that aims to make our emotions visible for all to see.
Daniel Egger's insight:

Do we really want to share our emotional status? What impact can this tech have on social patterns as lying? What new levels of privacy protection do we need to accept it? What impact will have this tech in trust and how we relate, value and express ourselves?

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Solar Powered Trash Cans Talk to the City

Solar Powered Trash Cans Talk to the City | Future Value Generation | Scoop.it

Solar powered Bigbelly bins compact waste and are equipped with a chip that delivers real-time data to the city's waste management division, showing when the units are full and need to be picked up. Each bin can apparently replace 5 ordinary bins, but they are still not cheap. 13 bins have been installed in Santa Monica (California) at a cost of $99,000.

They lead to savings though. Bins at Boston University have enabled the university to lower its collection trips to fewer than twice a week, compared to 14.

 

This is quite incredible.

 

Relevant site:

Bigbelly Solar: www.bigbelly.com


Via Adam Johnson
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The C-Suite Needs a Chief Entrepreneur

The C-Suite Needs a Chief Entrepreneur | Future Value Generation | Scoop.it
And here’s the job description.
Daniel Egger's insight:

The article is an interesting read as it strengthens the urgency to integrate agility, experimentation and practical long-term thinking more aggressively into organization. Also I agree on the necessity, I would not vote to create whole new separated costly structures. Let us be pragmatic and enrich the current existing. Connecting the future is key but organization can explore more synergies when the set up a unique structure that focus on agile strategy, innovation and future value offerings, than separate ones. Besides, if budgets are tight, who will win the race the CE or the CEO. In the end, the CEO will finance the CE, or different said the present finances the future.

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HP’s Audacious Idea for Reinventing Computers | MIT Technology Review

HP’s Audacious Idea for Reinventing Computers | MIT Technology Review | Future Value Generation | Scoop.it
To rescue its struggling business, Hewlett-Packard is making a long-shot bid to change the fundamentals of how computers work.
Daniel Egger's insight:

It is a strong and honest statement that Fink gives when he says: "I was frustrated we were not thinking far enough into the future" and "We were not responding aggressively enough". Both are key challenges if you connect the future. For once, the level of urgency needed to act/adapt the organizational logic is often too high. Key Performance indicators have to show a strong signal, the organization has to feel an impact in revenues, management teams aligned, investigational projects created, new prioritization set and a search for new alternatives initiated. It is just a too long way to go before we react, most certainly for our present realities.

 

Agility, especially for innovation/strategy, is key. We have to explore constantly new options, not just technologically but also its humanization and contextualization in future realities. In the end it comes to the point that people, in specific moments and situations connect with the organization through products/services/brands searching for satisfactory experiences.

 

When we look into the future, and gain a more holistic perspective (temporal as well about the different parts of society), we identify changes and patterns, but most essentially we have to discover who are those individuals of the future, and what they might value.  It are those individuals and their moments that are in change and with it the technological and societal fabric. The goal of an organization in such “Economy of the Moments” is to understand in which they can participate,  how they encounter new opportunities, but most importantly Why the user/client perceives values.

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Business Value Generation is the New Bottleneck - J.D. Meier's Blog - Site Home - MSDN Blogs

J.D. Meier's Blog. Software Engineering, Project Management, and Effectiveness. Patterns and Practices at Microsoft.
Daniel Egger's insight:

This blog post from 2013 from J.D. Meier describes an interesting and increasingly valid perspective of how organizations generate value. By reducing the time and cost for experimentation the bottleneck for success shifts. When organizations increasingly can create a mock-up, a prototype of a concept in hours or days it represents a great result of our technological advances. But we have to ask, what anticipates the act of prototyping and how robust are those reflections.  Will organizations increase their rate of experimentation without any deeper reflections and shield their brand against possible negative consequences? Or will we see an a more robust anticipatory process of preparation that especially is context and human-drive? Clearly, there exist no right answer. Still with our technological capabilities increasing, we will see an even larger explosion of of ad-hoc production and consumptions in many industries during the next years. If production capabilities are, less and less strategic differentiators the process shifts or to anticipatory preparation or proceeding process to adjust the product and business models until it meet value expectations and perceptions of the clients. Where the first solution incorporates context and human centric approaches as innovation or futuring, the challenge of the second option lies in organizational agility, dynamic branding, and how to establish trust in those volatile relationships. 

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Why Some People Are Better at Predicting the Future

Why Some People Are Better at Predicting the Future | Future Value Generation | Scoop.it

Some people have better track records than others, and the ways in which they think about questions and arrive at their projections offer clues as to how the rest of us might become more successful forecasters.


Thinking style is important; people who are actively open-minded performed significantly better. They’re much more willing to consider unorthodox ideas or results, and to stray from the theories and beliefs they’re comfortable with.



Via Kenneth Mikkelsen
Daniel Egger's insight:

One of the key elements is to avoid bias thinking, which I cannot agree more with. The future is neutral, it is yet not written. Who will evaluate if it is positive or negative are the individuals that will live in it. We cannot we should not. If we do judge already in the present we limit our perspectives and even try to argue with logics that might yet not be true for the future context.

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Kenneth Mikkelsen's curator insight, January 19, 2015 3:34 PM

The fascinating results of a tournament for people tasked with forecasting 199 world events.


Want to forecast the future? Adopt a learning mindset and work as part of a team (+establish a personal learning network). 



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The Alternative Futures of Work

The Alternative Futures of Work | Future Value Generation | Scoop.it

While we cannot fully predict the future, we can imagine it and prepare. When we think about the future it is natural to think about events that are a continuation of today; these are the probable futures. But surprising futures, initiated by unforeseen events, are also possible and as such are worth our consideration.


In this piece Frog Design explores the implications of several alternative futures on the workplace and the workforce.

 

 


Via Kenneth Mikkelsen
Daniel Egger's insight:

The main implications lie in the way of how our day-by-day life is organized. With the listed changes affecting the work structure, we lead with an increasing flexibility and uncertainty in income. Our consumption patterns as well the fix costs however have to change, new financial solutions created.  Beside those increasing uncertainties in the workforce, living patterns, family structures, romantic relationships, and perception of success will dramatically challenge  our emotional balance affecting directly our well-being

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Kenneth Mikkelsen's curator insight, February 21, 2015 3:06 PM

Predicting how surprising future scenarios might impact a worker’s needs.


Ron McIntyre's curator insight, March 7, 2015 8:57 AM

Some very interesting concepts presented here. How do you think they could affect the workplace?

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Where the Digital Economy is Moving Fastest

Where the Digital Economy is Moving Fastest | Future Value Generation | Scoop.it
The transition to a global digital economy in 2014 was sporadic – brisk in some countries, choppy in others. By year’s end, the seven biggest emerging markets were larger than the G7, in purchasing power parity terms.
Daniel Egger's insight:

When we take into consideration that 40% of the world population was connected in 2014. And we consider that this rate will more than double 2050. The question that we have to ask is how organization can generate value for this scenario of high proliferation of value perception.  Will the “economy of moments” drive the value offers?

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Future Value Framework

Working Draft of the Future Value Framework, a practical integration of Future Studies, Innovation and Strategy.


Via Kenneth Mikkelsen, Lynnette Van Dyke
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Kenneth Mikkelsen's curator insight, October 4, 2013 10:55 AM

You can follow Daniel's great work via Twitter here: @Daniel_Egger

Carlo A. Zanaboni's curator insight, October 11, 2013 2:05 AM

One of the most inspiring strategy canvas I've come across since Business Model Canvas and Blue Ocean.