Author: Simon Bond
Scaleability is the ability of a system, network, or process to handle a growing amount of work in a capable manner or its ability to be enlarged to accommodate that growth.
Please see below the text of this “conversation”, I hope it provides you with some insights into the destination we seem to be hurtling towards.
1.The Transformation of the Global Economy. Data tells us everything. But, it’s easier said than done.
2. In the words of Mark Twain. “Twenty years from now you will be more disappointed by the things you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.”
3. Whats not there. In markets, business and life it seems to me that the key is having the ability to see what’s NOT there.
How many people possess the skills to be able to do this? You lose yourself in something bigger when you have a goal.
Figure out what your customers want before they do.
4. Advertising. “Advertising is the price you pay for having an unremarkable product or service.” Jeff Bezos from Amazon.com
It’s alright for him to say that.
5. The future. Creative Destruction abounds.
Think about where business and the economy will be in 3 to 5 years time and set your sails to head there now.
The economic centre of gravity is shifting.
6. Innovation. What is innovation?
Innovation is an experiment with unknown outcomes.
The more disruptive the better. Eg Netflix versus Blockbuster, Amazon versus Borders.
New businesses in the digital world don’t have to fight old structures.
7.Economic centre of gravity.
8. The Disruptors.
The disruptors are the success stories of the future. Energy, software, hospitality, healthcare, data, open source.
Invest in businesses that humans rely on for their existence.
Travel light, don’t carry more than you need.
The 21st Century is poised to be a century of urbanization, with 180,000 new people moving into cities each day, according to the World Bank.
By 2025, 14 of the world’s megacities will be in Asia, with only four in North America and Europe (New York, London, Los Angeles and Paris).
The remaining seven will be in Africa and Latin America. But, megacities are often in challenging locations, vulnerable to flooding, typhoons and earthquakes.
10.Startups with disruptive innovation can change the rules of the game and make an existing business model obsolete. In order to see approaching danger, one must keep a wide lense, watch the movement in your peripheral vision.
11. Global Players, to name a few. Google. Amazon. Facebook. LinkedIn. Yahoo. Netflix.
13. Scaleability. Is the business scaleable?
Scalability is the ability of a system, network, or process to handle a growing amount of work in a capable manner or its ability to be enlarged to accommodate that growth.
14. Who has it? Google? Amazon? Xero? Netflix? And so on.
15. Who is next, what is next? The continued destruction of the middle man.
Markets are about optimism, an example is Xero software, an online accounting business, it’s share price has gone from $2.00 to $24.00, Nearmap from 5 cents to 55 cents.
Is the business scaleable?
Or is it just hype and hope?
16. Data. Never Sleeps. Will be cloud based. More mobile. Always available. Geography irrelevant.
17. Whats scares me? Plenty.
Don’t just give people choice, help them choose. See the big picture.
“Don’t look back, something might be gaining on you,” Satchel Paige, Baseballer.
18. (Un)Employment. Oxford Martin School study shows nearly half of US jobs could be at risk of computerisation.
Transport, logistics and office roles most likely to come under threat.
Success has the seeds of failure built in.
19. Connectedness. We are in the age of connectedness.
We need to create work that people want to share. Organisations need to harness data so they are relevant.
20. Thank you. And remember, be curious, observe people. Notice changes in their needs and behaviours.
Some say there is no forecast in business, you put your faith in a vision and hire the best people you can.
Be the disruptor, not the disrupted.