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Towards new value networks Ed Peelen

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Page 1: Van bedrijfskolom naar waardenetwerken

Towards new value networks

Ed Peelen

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Urgency

>Mobile telcos f.e.: – We transport

(commodity) – Market volume

grows – Market opportunity

vs wrong revenue model (data stream)

– Core assets is not core competency anymore?

Are you making money on your key assets?

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Tipping point Change driver: society

> Relieving the states that make life miserable… has made building the states that make life worth living less of a priority. The time has finally arrived for a science that seeks to understand positive emotion, build strength and virtue, and provide guideposts for finding what Aristotle called the ‘good life.’” ~ Martin Seligman

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Tipping point Change driver: society

> “The universe is made of

stories, not atoms.”

> During the Middle Ages, the dominant monoculture was one of religion and superstition.

> Ours, Micheals demonstrates, is a monoculture shaped by economic values and assumptions.

> Challenge: move past its confines to live a more authentic life within a broader spectrum of human values.

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7/7/2014 10

Source: Ostenwalder et al

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Economic structures

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Economic structures

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>Linux software

>Android

>LEGO

>Nabuurschap

>Sell-A-Bend

>Pros and cons?

Open Business Models

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Complete assortment

> Drivers:

– Underground economy (music, 2nd hand)

– E-commerce

– Filters, search engines

> 80% of sales and >80% of profit from the long tale

Long tail

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Ecosystem

>Resilient structures that are able to adapt to changes in the environment, and as fragile structures that can collapse

>Members in the eco system are interdependent

>Species evolve (change) in and endless reciprocal cycle

>There are dominant combinations; they lose leadership if things change too radically

>Metaphor to business; specific form of network or value constellation

Source: den Ouden

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Ecosystem

>Nobody has a complete overview, only his own subjective view

>There is no single, objective network

>Build on tight and loose connections

>Understanding each others needs is a prerequisite

>Understanding your impact on the ecosystem as a whole

>Boundaries are unclear

Source: den Ouden

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Ecosystem

>From firm level thinking to holistic thinking >Nobody can do it on his own >Consumers will be come active co-creators >From competition to co-opetition >No hierarchical supervision >Constellation for learning by doing >Flourish if there is a high level of trust

(stimulates co-operation; diminishes demand for formal agreements)

>Person’s reputation plays a role >Monitoring by peers

Source: den Ouden

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Event

Context

event

Personal

relevance

Involvement

An irregular heartbeat at 11 o’clock in the morning at home

Versus an irregular heartbeat downtown in the middle of the night

Individual

consumer

Source: Prahalad et al.

The value is in the individual, not in the product

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“Who the hell wants to hear actors talk?” H. Warner, Warner Bros., 1927

The challenge

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The challenge

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The challenge