C-Suite Network™

Categories
Best Practices Entrepreneurship Industries Management Skills Technology

An Anticipatory Leader™ Turns Disruption and Change into Opportunity and Advantage

An Anticipatory Leader™ understands that technology-driven change is accelerating at an exponential rate. They have learned from a large list of high-profile Fortune 100 companies that were great at both agility and execution but experienced dramatic downturns. Reacting to problems and digital disruptions, no matter how agile you and your organization are, is no longer good enough.

Anticipatory Leaders know that a high percentage of future disruptions, problems, and game-changing opportunities are predictable and represent unprecedented ways to accelerate growth and gain advantage. They understand that there is no shortage of trends or good ideas, and they ask which trends will happen and which ideas are the best to invest their time and resources in. They have overcome these challenges by becoming anticipatory. This happens by using the methodology of separating the Hard Trends that will happen because they are based on future facts from the Soft Trends that might happen because they are based on assumptions about the future. Then they apply these Hard Trend certainties to their innovation and decision-making processes, allowing them to accelerate innovation and jump ahead with low risk.

Anticipatory Leaders know that it’s better to solve predictable problems before they happen, and that predictable future problems often represent the biggest opportunities. They know that being anticipatory means creating strategic plans that are dynamic and then elevating their strategic plans to keep them relevant and stop them from becoming obsolete before they are implemented.

They have discovered the power of using the certainty of Hard Trends to give the people that report to them the confidence to make bold moves. They know that if what they are saying is seen as opinion, listeners will want another opinion, but if they speak in future facts that are undeniable future truths, there will be far less debate and much more forward progress.

They fully understand that we are at the base of a mountain of increasing disruption that does not happen just once. It comes in waves, giving every organization and professional only two options: to become the disruptor or the disrupted.

By using the Anticipatory Model and methodology to identify the disruptive Hard Trends that are approaching, they now have the opportunity to make a strategic choice to be the disruptor. They know there is no longer a middle ground.

Anticipatory Leaders know that disruption is often seen as something negative, because it happens to organizations and individuals, forcing them to react by changing quickly or face increasingly negative consequences. Disruptors, on the other hand, are creating change from the inside out, giving them far more control of their future. Disruptors are often using technology to eliminate problems or to reduce the friction that creates a less than desirable experience. I refer to them as “positive disruptors” because they tend to use technology to improve a process, product or service. They enhance the customer experience, and in most cases they transform it!

Anticipatory Leaders know the advantage  a shared Futureview® has when it is based on the Hard Trends that are shaping the future – a windshield view versus a rearview mirror view. The Futureview principle states “How you view the future shapes your actions today, and your actions today will shape your future. Your Futureview will determine the future you. ”Change your Futureview, and you will change your future.

For example, it’s clear that Sears, which is closing over a hundred physical stores, has a different Futureview than Amazon, which is opening over three thousand brick-and-mortar retail stores and over a hundred physical bookstores. These two companies’ Futureviews will shape their future.

Anticipatory Leaders elevate their organization’s shared Futureview, based on the Hard Trends and transformational changes that are shaping the future. They know that their Futureview will change, and in many cases they transform the future of the organization for the individuals involved for the better.

Become an Anticipatory Leader™

If you would like to go beyond agility and become an Anticipatory Leader, pick up a copy of my latest bestseller, The Anticipatory Organization: Turn Disruption and Change Into Opportunity and Advantage, and consider our Anticipatory Leader System today.

Categories
Best Practices Economics Entrepreneurship Industries Marketing Personal Development Sales Technology

How Technology Changed the Billion-Dollar Ad Game

The advertising industry has had a long and successful history. It has been a very big business, especially for brands like Procter & Gamble, which topped AdAge.com’s list of the world’s five largest advertisers with $10.5 billion in advertising spending.

For decades, the personal care company kept its products front and center in the minds of consumers – on TV, in print and eventually online. The formula was simple: P&G would spend a huge amount on advertising and loyal customers would respond by buying its products.

That is no longer the case. Technology has changed the ad game for P&G – and not in a good way.

Brief Timeline of Advertising Game-Changers

So if your company is like P&G, what should you do? Start with a fresh look at how much technology and advertising have changed over the last 30 years.

As you look at this timeline, pay attention to how technology worked for – or against – advertisers throughout recent history. Then, use my Hard Trends Methodology to predict what’s next.

1990s – Hundreds of cable channels and the Internet launched, and advertisers jumped to buy space wherever their audiences would be.

Early 2000s – TiVo was one of the first disruptors to these seemingly endless advertising avenues. For the first time, consumers had power over when they got their content and began to skip the ads.

2001 – Next came iPods, which could play downloaded media while consumers were on the go.

2004 – Amazon.com launched as a virtual bookstore and began laying the groundwork for online retailers

2006 – Social media pioneer Facebook opened the News Feed, in which anybody – and any brand – could self-publish content. Facebook ads, for which advertisers once again had to “pay to play,” wouldn’t come until later.

2007 – Netflix went from DVD to streaming and never looked back. Consumers could now also choose what to watch, whenever they wanted to.

Also in 2007Smartphones came on the scene, allowing consumers to carry all types of media in their hands. The ad industry had to go mobile – often in addition to going traditional. Though it wasn’t easy to navigate at first, by 2015 mobile ad spending would top $28 billion.

2008 – Spotify started running on advertising dollars initially, but also offered premium, ad-free packages to consumers at nominal prices.

2009 – In the late 2000s, YouTube began allowing pre-roll ads; advertisers were once again able to recapture a very captive audience.

2012 – Facebook purchased Instagram. It would be five years before the $1 billion gamble would pay off, but in the meantime, real people became the faces of brands. The newest media-buying currency was the influence of the crafty, hip or carpool moms who had become spokespeople.

2015 – Amazon.com hit a milestone as it accounted for at least half of all e-commerce growth. Many experts attributed sales success to the debut of the company’s one-click ordering.

2018 and beyondNot only is data-driven advertising becoming more popular, it’s expected in today’s “show me you know me” consumer culture.

If you use my Hard Trends Methodology to look ahead to the future of advertising, you’ll be able to anticipate that the next decade will move even faster. Even more devices are likely to be developed, and they will ultimately be connected to each other as an integral part of our lives.

Now is the time to learn to anticipate the next wave of technology. Start with my book, The Anticipatory Organization, which is fittingly available with one-click ordering on Amazon.com right now.