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Jason Dunstone MD Square Holes and Consumer Researcher

CEO Institute Breakfast Syndicate 25

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Page 1: CEO Institute Breakfast Syndicate 25

Jason DunstoneMD Square Holes and Consumer Researcher

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NAB Monthly Business Survey April 2015

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SOUTH AUSTRALIA OVERALL CONFIDENCE APRIL 2015

Nov 13 [n=400]

Mar 14 [n=401]

May 14 [n=400]

Aug 14 [n=402]

Nov 14 [n=404]

April 15 [n= 404] 6%

4%

5%

7%

6%

4%

11%

12%

16%

20%

16%

25%

42%

37%

44%

35%

42%

27%

33%

42%

30%

31%

29%

39%

8%

5%

5%

7%

6%

5%

Extremely confident Quite confident Neutral / unable to say Quite unconfident Extremely unconfident

Most are uncertain!

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SOUTH AUSTRALIA PERSONAL FINANCIAL SECURITY

12 months ago

In 12 months time 7%

5%

18%

18%

49%

50%

19%

19%

8%

8%

Much better Slightly better About the same Slightly worse Much worse

Confidence largely comes back to certainty at home.

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“Australia is in a state of flux as to its economic future - lack of political leadership”

“I am satisfied with my life at present and assume this will continue next year.”

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Innovate or Die

Disrupt or Die

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Eight disruptive thinkers

Nicki BowersAlistair HaighAndre & JustinAnthony Kittel

Eric MigicovskyMark Zuckerberg Henry FordSteve Jobs

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“Trying to get back to the basics of great products, great

marketing, and great distribution.” “Apple has

drifted away from doing the basics really well.”

“Our customers want to know who is Apple, and what is it we stand for, where do we fit in this world? And what we’re

about isn’t making boxes for people to get their jobs done (although we do that well, we do that

better than almost anybody in some cases).

But Apple is about something more than

that. Apple at the core, it’s core value, is that, we believe, that people with passion, can change the world for the better.”

1997

Steve Jobs on 'Think Different'

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Creators

Itch Scratchers

Pattern followers

Visionaries

Customer Focused

Dis

rupt

ive

thin

kers

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No brand or issue is an island, it sits within a broader context

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Demographics

Passions

Aspirations

Category

Interactions

Experiences

Frustrations

Communications

Brand

Opportunities

Disruptive Thinking!

Life

Product

Growth

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Broader Context

Aligned categories

Direct ‘competitors’

Brand

Product

Consumer: “How can you make my life

better, easier …?”

Consumer: “How do these

products make my life better, easier

…?”

Red Ocean

Blue Ocean

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Consumer Centered innovation

Disruptive thinkers design and implement with the end user in mind.

Balancing the needs of people, the possibilities of technology, and the requirements for

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Product

Value

It all starts with a valued product …

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Three ways to illustrate ‘value’

1. Cheaper – but need to maintain quality?

2. Better – but need to illustrate better?

3. Unique – but is there an unmet need?

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Focus on your product value and strategy.

Don’t get scared or distracted by

competitors!

Eric Migicovsky

Steve Jobs

20152015

Tim Cook

2012

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ProductSales

Relationships Value

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ProductSales

Relationships Value

Advocacy hotspot

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90%+ advocate mouth to ear

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Encourage users to share / build the story

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Product

Disruption

Sales

Growth

Relationships Value

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Product

Disruption

Sales

Growth

Relationships Value

Disruption that matters

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Product

Disruption

Sales

Growth

Relationships Value

Disruption that mattersAdvocacy hotspot

Disruption hotspot

Advocacy hotspot

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ProductSales

Relationships Value

Get now right first

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Product

Disruption

Sales

Growth

Relationships Value

Disruption that mattersAdvocacy hotspot

Disruption hotspot

Advocacy hotspot

Invest in the future …

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Doing something amazing! Not, lots of things mediocre.

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Who owns disruptive thinking?

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Brand ambassador

Consumer ambassador

1 2

1 2

1

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There is a trend towards innovation managers, with many organisations well down this path.

However, it needs to be driven

from the top.

Rarely does a game changing idea proceed without CEO / Board endorsement.

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Where to start?

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Thank you.

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Jason Dunstone

Square Holes

www.squareholes.com

Twitter

www.twitter.com/jasondunstone

LinkenIn

www.linkedin.com/in/jasondunstone

Email [email protected]