First National Bank Member Projects

52

Transcript of First National Bank Member Projects

Page 1: First National Bank Member Projects
Page 2: First National Bank Member Projects

> d r e a m > t h ! n k > e x p l o r e

Page 3: First National Bank Member Projects

[ j u s t i m a g i n e ]

Page 4: First National Bank Member Projects

…a single idea changes everything. Forever.

Page 5: First National Bank Member Projects

If you had the means to change your world…

Page 6: First National Bank Member Projects

would your next “Big Idea”

Page 7: First National Bank Member Projects

…address some of the most important issues

facing humanity?

Page 8: First National Bank Member Projects

presents you withthat opportunity

Page 9: First National Bank Member Projects

imagine a business contestthat will harness the

entrepreneurshipof your customers

Page 10: First National Bank Member Projects

Where do Big Idea’s Come From?

Fact: Generally, Big Ideas float up from the bottom of the pyramid

Hence: market research

Page 11: First National Bank Member Projects

An idea is “big” if it helps us make sense of a lot of confusing experiences and seemingly isolated facts.

Page 12: First National Bank Member Projects

:: The basis for entrepreneurship is dissatisfaction ::

Most corporate cultures stifle innovation in orderto protect positions or profit margins

Page 13: First National Bank Member Projects

:: The basis for entrepreneurship is dissatisfaction ::

Companies hardly ever seek and reward innovationfrom within – they call in “experts”

“What were they Thinking?

Page 14: First National Bank Member Projects

:: The basis for entrepreneurship is dissatisfaction ::

Companies are compelled to make innovative improvements to existing products by small increments,

to avoid frightening off their customers…

Page 15: First National Bank Member Projects

:: Capitalizing on dissatisfaction ::

… but when customers take ownership?Evolution of the Mountain Bike - 10 years

1970 California: Cyclists begin develop a fun new machine by themselves.Mixing and matching parts.

1980: Manufacturers begin production

1996 Taiwan: $8 billion a year industry runs on ideas presented at International Bicycle Design Competition for the past 12 years.Individuals only – No companies…

Page 16: First National Bank Member Projects

:: Capitalizing on dissatisfaction ::

When business “Goes to Business?”

Evolution of the caterpillar track… 83 years

Patent 1770 – EdgeworthProduction 1853 – HornsbyOn a military tender, for a war due to a shortage of horses

Page 17: First National Bank Member Projects

:: Capitalizing on dissatisfaction ::

More ideas are being realized today than atany time in history

consumers becoming innovators

Page 18: First National Bank Member Projects

:: Capitalizing on dissatisfaction ::

Individuals, or a group of individuals, can take risks

They invest time and effort in some pet projectfor no financial reward

Page 19: First National Bank Member Projects

:: MemberProjects Leverages the Gap ::

…now they are in the game just for the recognition

Page 20: First National Bank Member Projects

“Why is this bottleUp-Side-Down?”

When User Insight vs. Marketing Expertise

:: MemberProjects Leverages the Gap ::

Page 21: First National Bank Member Projects

:: MemberProjects Stimulates Innovation ::

Core Concept

Develop a community where participants will do as they already do with the new bonus of:

• making money• developing their entrepreneurial spirit• building their own businesses• gaining recognition

and

Page 22: First National Bank Member Projects

having the “fun and adventure of the challenge” of a New Frontier

:: MemberProjects Stimulates Innovation ::

Page 23: First National Bank Member Projects

:: MemberProjects is a unique market research tool ::

Research Market

“Sell” Research Resultsto the Market

Response used to modify research

Page 24: First National Bank Member Projects

:: MemberProjects does not offer Financial Reward ::

It provides Venture Capital to realize your Big Idea…

When a company wakes up to the threat of “an innovative idea” that has the potential to change their business, it usually tries to do one of two things:

• Play “catch up” with a separate R & D exercise

• Buy the Idea outright

Page 25: First National Bank Member Projects

:: MemberProjects does not offer Financial Reward ::

It provides Venture Capital to get your Big Idea out into the arena

When a company wakes up to the threat of “an innovative idea” that has the potential to change their business, it usually tries to do one of two things:

• Play “catch up” with a separate R & D exercise

• Buy the Idea outright

Page 26: First National Bank Member Projects

:: MemberProjects offers personal recognition ::

An enlightened company goes into business with the developer

A bank Goes Into Partnership on the projected returns

Page 27: First National Bank Member Projects

:: MemberProjects is the ultimate competitive environment ::

• Opens up the potentials of existing business by directing change

• Expands the marketplace by creating new products or re-engineering existing ones so as to answer society’s’ needs

As broker between the idea source and end manufacturer / service provider

the Bank occupies a strategic opportunity to benefit from both ends of the transaction

Page 28: First National Bank Member Projects

:: MemberProjects inspires innovation ::

Banks accelerate change in the social and economic fabric…

• new types of services to service the new industries

• new types of employment

• new revenue streams

The inevitable results of such controlled activity creates:

Page 29: First National Bank Member Projects

:: MemberProjects inspires innovation ::

… sometimes Banks even back mavericks

Energy harvesting wind flowfrom passing traffic

Page 30: First National Bank Member Projects

Where do “Big Idea’s” Come From?

• from Idea

Page 31: First National Bank Member Projects

They change the way we see things,

• to production

Page 32: First National Bank Member Projects

• there is always a better way

and the way we think…

Page 33: First National Bank Member Projects

imagine a business contestthat harnesses theentrepreneurship

of your customers

Page 34: First National Bank Member Projects
Page 35: First National Bank Member Projects

Environment and Ecology

Education

Page 36: First National Bank Member Projects

Renewable Energy

Education

Environment and Ecology

Page 37: First National Bank Member Projects

Renewable Energy

Education

Healthy Living

Page 38: First National Bank Member Projects

Renewable Energy

Urban Renewal

Healthy Living

Page 39: First National Bank Member Projects

Renewable EnergyUrban Renewal

Healthy Living

Page 40: First National Bank Member Projects

:: MemberProjects What does First National Bank Get? ::

Discover what the entrepreneurial consumer would do, given the chance

TrendsKnowledge Base

Future Business

Page 41: First National Bank Member Projects

:: MemberProjects What does First National Bank Get? ::

Let the Members do the work Social Analysis

Venture Partnering

New Customers

Page 42: First National Bank Member Projects

:: MemberProjects What does First National Bank Get? ::

Let the Members do the leg work

Viral marketing program – social network

Project progress is tracked live on-line

Dedicated TV series

Page 43: First National Bank Member Projects

:: MemberProjects What does First National Bank Get? ::

Business Development EngineTM

Page 44: First National Bank Member Projects

be up here…

Page 45: First National Bank Member Projects

on the High Ground…

Page 46: First National Bank Member Projects

pause for thought

Page 47: First National Bank Member Projects

:: Leveraging the Trend ::

Excluding companies: the internet comprises of two kinds of people…

• browsers and users - sharing useless information

• commercial opportunists – making money

As the following statistics demonstrate.

Page 48: First National Bank Member Projects

:: The Boring Stats ::

• FaceBook – 100m+ users. If it was a country it would be the 11th most populous on the planet after Mexico

• MySpace - 84m users. exceeds population of Germany

• Digg - population of 1m +

• SecondLife - Pop. 15 m - Linden Laboratories project

• Entropia Universe - Pop. 7m – MindArk project

Page 49: First National Bank Member Projects

:: The Exciting Stuff ::

• FaceBook – valued at $240m – users make no money

• MySpace - valued at $580m – users make no money

• Digg - valued at $200m – users make no money

• YouTube – valued at $1.65b – users make no money

• SecondLife –Trading between users at +$35m / month

• Entropia Universe – Trading between users at +$30m / month

Page 50: First National Bank Member Projects
Page 51: First National Bank Member Projects
Page 52: First National Bank Member Projects

www.franco.co.za