Innovative Failure and Digital Trends
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Transcript of Innovative Failure and Digital Trends
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@jbeltowska
JOANNA BELTOWSKASHESAYS NY
AND DIGITAL TRENDSINNOVATIVE FAILURE
APRIL 11, 2013
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@jbeltowska
Hi!My name is Joanna Beltowska and I work as a strategist at Undercurrent.
PS. I’m on Twitter: @jbeltowska
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@jbeltowska 3
We’re here to talk about
TRENDS
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@jbeltowska
TRENDS
Definition
A change in direction.
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The problem with trends:
They’re often discussed as significant shifts before
they’re fully realized.
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@jbeltowska 6
Oh hai!
Welcome to Second Life,
the best virtual world ever!
@jbeltowska
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@jbeltowska
Second Life: a tale of outsized expectations.
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201320122011201020092008200720062005
FOMO
Business Week cover story
Source: Google Trends
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@jbeltowska 8
“Rumors of the death of virtual world marketing are greatly exaggerated”
– JAMES AU, SECOND LIFE EXPERT AND AUTHOR,
MAY 2008
201320122011201020092008200720062005
Interest for Facebook vs. Second Life
Source: Google Trends
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@jbeltowska
SHIFTS
Definition
A change that is irreversible and impacts at scale the way
things are done.
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@jbeltowska
Could we have predicted that Facebook would stick while
Second Life would not?
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Things that develop into shifts tend to exhibit the following traits:
1 They amplify an existing behavior or technology.
2The new behaviors begin to replace or evolve the old ways, and ultimately become norms.
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@jbeltowska 12
Rapid Innovation
Data Explosion
Everything–As–A–
Service
Three shifts that are changing our industry
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We are moving from idea to execution faster and closer to the customer
than ever before.
Lean and agile methodologies
Crowdsourced validation(Quirky and Kickstarter)
Open design (Local Motors)
Innovation labs(Walmart, Nordstrom)
Rapid Innovation
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Rapid Innovation
IMPLICATION
We can approach marketing in the same way.
EmpathyDevelop your ideas in close proximity to the people you’re hoping to reach.
SpeedFind the fastest way to put something under people’s fingers.
Speed bypasses politics!
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Rapid Innovation
CASE STUDY: Lab in the Lobby
Taking inspiration from Lockheed Martin’s Advanced Development Programs (ADP), otherwise known as Skunk Works, we are creating an innovation lab inside a global hospitality brand.
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Rapid Innovation
TAKING ACTION
What can you do tomorrow?
You're now the product manager, not just the marketer!
Read these!
Sign up for a class on prototyping!
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Beckon(collect and centralize
enterprise data)
Shopperception(A/B test shelving)
Bit.ly(track URLs)
Radio
TV
PrintOnline Retail
Machines
Data Explosion
Data has always been ubiquitous, but now it’s accessible, storable
and interpretable at scale.
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IMPLICATION
We can use data to make our executions more exact.
LearnYou can observe millions of feedback loops.
PersonalizeUse what you learn to deliver a better experience at the individual level.
AdaptUnderstand local variations, and implement local changes.
MobilizeConnect your organization and march towards the same goal.
Data Explosion
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CASE STUDY: QSR Social Service Platform
By providing franchisees guidance for and access to their social profiles – and the good/bad sentiments being expressed there – we were able to shift the locus of service away from the call center and into the store.
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Data Explosion
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TAKING ACTION
What can you do tomorrow?
You're now the CTO, not just the marketer!
Data Explosion
By 2018, the US could face a shortage of 1.5 million managers and analysts with the know-how to make effective data-based decisions (McKinsey, 2011)
Read this!
Follow these people!
danah boyd
@zephoria
Hilary Mason
@hmason
EXERCISE: What does your future data practice look like?
Kate Crawford
@katecrawford
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@jbeltowska
Services that were once local and isolated are now scaled and shared,
and can be acquired without infrastructure investments.
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Transportation(Zipcar)
Manufacturing(Shapeways)
Storage(Dropbox)
Beauty(Birchbox)
Taxes(TurboTax)
Men’s Style(Trunk Club)
Everything-As-A-Service
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IMPLICATION
We can spread our message by creating valuable services that decrease the cost of entry.
Broker connections Think about how you can facilitate connections between people.
Create resource efficienciesUse what you learn to deliver a better experience at the individual level.
Remove frictionGet someone to what they’re looking for faster and with less hassle.
Data ExplosionEverything-As-A-Service
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CASE STUDY: OPEN Forum
We are transforming OPEN Forum from a blog to a platform that unlocks the best business advice and delivers the right advice at the right time, helping small businesses grow.
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Everything-As-A-Service
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TAKING ACTION
What can you do tomorrow?
You're now the experience architect, not just the marketer!
Everything-As-A-Service
Read this (again)!
ethnographymatters.net
EXERCISE: What services are you uniquely positioned to provide?
Read this!
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TL;DR:
THINK PAST THE TREND
Tease out the real value that can be applied in broader and larger context.
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@jbeltowska
Thank you!Let’s talk: @jbeltowska