Competence and Creativity

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Competence Competence & & Creativity Creativity The Paradox The Paradox Sam Swaminathan

Transcript of Competence and Creativity

Page 1: Competence and Creativity

Competence Competence

&&

Creativity Creativity

The ParadoxThe Paradox

Sam Swaminathan

Page 2: Competence and Creativity

Sam Swaminathan

• From reason-based logic to chaos-based logic

• Splintering of social, political, and economic organization

• Collapse of producer-controlled consumer markets

THE NEW THE NEW REALITYREALITY

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Sam Swaminathan

• Dissipation of hierarchies by email

• Miniaturization of time• Breakup of mass

consciousness into individual realities

• Emergence of situational lifestyles

THE NEW THE NEW REALITYREALITY

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THE NEW THE NEW REALITYREALITY

• When the market has become supersaturated with products, when customers have taken control of the marketing equation, how do you create and sustain a business?

By earning Customer Loyalty.

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• How do you prove your loyalty to your customers?

• Not by pursuing customer loyalty, but by being loyal to your customers.

CUSTOMER CUSTOMER LOYALTYLOYALTY

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CUSTOMER CUSTOMER LOYALTYLOYALTY

• In a customer-loyal world, your first concern is someone who purchased your product, because that customer is your best and cheapest billboard.

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CUSTOMER CUSTOMER LOYALTYLOYALTY

• In a customer-loyal world, you make your own value structure isomorphic with that of your customer base.

• Build that in, and loyal customers will come.

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CUSTOMER CUSTOMER LOYALTYLOYALTY

Like every other form of loyalty in a particalized world, customer loyalty is as thin as the horizon. Abuse it once, and you have lost it for good.

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CUSTOMER CUSTOMER LOYALTYLOYALTY

Prudential has always portrayed itself as the Rock, and rocks don’t lie. When Prudential brokers knowingly portrayed high-risk investments as financial instruments for widows and orphans - they put their first red ball in the hat.

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FROM WORD OF MOUTH

TO WORD OF MOUSE

FROM BRICKS

TO CLICKS

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CREATE A COMPELLING

PLACE TO SHOP

THE NEW THE NEW VALUE VALUE

PROPOSITIOPROPOSITIONN

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THE NEW THE NEW VALUE VALUE

PROPOSITIOPROPOSITIONN

Share of WalletShare of StomachShare of EyeballShare of Mouse Click

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• In the face of change, the competent are helpless.

• Competent people have a predictable, reliable process for solving problems. They solve them the same way, every time, even when the problems are different!

• Change threatens competent people.

CHANGECHANGE

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From

STORE AUDITOR

TO

STORE AUGMENTER

CHANGECHANGE

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INTERNET INTERNET TIMETIME

“We can’t wait for evolution: three million years to grow a lung, another twenty to learn to walk upright, sixty more to grasp a spear, ten more to light a fire.”

– Peter Senge

We need to speed corporate evolution.

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“Conformity is the jailer of freedom and the enemy of growth.”

– John.F.Kennedy

Competent people are victims of their concept prisons.

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• Tracking Inventory• Warehousing and distribution• Monitoring costs• Beautifying brick and mortar• Hiring and Training• Separation• Listening to customers• Listening to employees

CHECK CHECK YOUR YOUR

EFFORTSEFFORTS

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The predators are no longer pounding the pavement – they’re polishing off your precious china!

They recognize that in the midst of gut-wrenching change, steady competence impedes success. They replace competence with passionate and purposeful creativity.

What Insurgents What Insurgents Do Do

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Nordstrom

AN INSURGENT’S AN INSURGENT’S STORYSTORY

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How Do You Hire?How Do You Hire?

Hire and promote:

First, on the basis of INTEGRITY

Second, MOTIVATION

Third, CAPACITY

Fourth, UNDERSTANDING

Fifth, KNOWLEDGE

And, last and least, EXPERIENCE

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How Do You Hire?How Do You Hire?• Without integrity, motivation is

dangerous.

• Without motivation, capacity is impotent.

• Without capacity, understanding is limited.

• Without understanding, knowledge is meaningless.

• Without knowledge, experience is blind.

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Brought to you by

Center for Creative Thinking

http://www.ccthinking.com

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