Sunday
Nov142010

Lead Disruptively 

Columbia Business School B6703

Professor Akinola

November 15, 2010

 

 

IN A DIGITAL WORLD IS THE NATURE OF LEADERSHIP CHANGING??


 

Self-Assessment/Self-Awareness/Self-Actualization: Maslow Revisited

 

 

Single Career  V  Serial Career Path v Parallel Career Path? 

 

My Least Favorite Question:  So What Do You Do?

 

 MY MINDMAP

 

 

 

WWW.WORDLE.NET



 

 

 

 

 

 

 

 

 

 

 

 

 

 


Self-Assessment:

Who would you most want to have lunch with

Bill Gates?

Warren Buffet

Mark Zuckerberg?

Steve Jobs?

Bono?

Lady Gaga?

 

 

Technology Survey:

  • The Printing Press Was Nothing

 

  • One to Many (rule of 10 x 10)  Has Been Displaced by Many to Many (rule 1 X 1)

 

  • Network Theory---->Metcalfe's Law

 

  • Total Shift in Power Regimes

 

 

  • Capital is Expensive but Almost Everything in the Digital World is Free

 

Change is Hard


 

 

"Get on the bus, get off the bus, just don't get in front of the bus."

 

Self Assessment and  Change Agents: Inventors, Entrepreneurs, Managers

 

Entrepreneurs often take a Leap of Faith

 

 

 Are You An Entrepreneur?



We live in troubled times, exciting times

 

Threats and Opportunities

 

It's 11PM and What's Your Business Model

 

 Innovate or Die

 

Creative Destruction (Joseph Schumpeter)

 

Can we harness and shape the future through innovation, can we create tomorrow's jobs?

 

 We are all connected (14.4, 28.8, 56k,100mb, T1, 3G, 4G) wired and wireless

 

Annihilation of Space and Time

 

Mobile Telephony is the Future

 

 

PART the FIRST

 

I Started Out as A Child----->

 

Let Us Begin 50 Years Ago....

THE BIG SQUIGGLE (the power of collaboration)

Uncle Jim Fiske was my first mentor

 

 

 Uncle Jim Fisk: Who wants to make a squiggle?

 


Nancy G I was on the Freddie Freihofer Show twice, once on my birthday and once on my sister's birthday. I was called on to do a squiggle and I was one of those obnoxious kids who wanted Freddie to make the squiggle into "You!" So he made it into a witch with a big nose. I remember sitting behind the birthday cakes, but my mother didn't buy one because she always made all our cakes.
Wasn't the Romper Room show also locally produced?

 

 


 

Fast Forward 20 Years

 

 

Career #1

 

Graduated from Colgate -->


Right to Columbia Business School-->


Went to Chemical Bank for a Year and Stayed 11 Years--->


Became Wunderkind for Financial Innovation-->

 

 

New Boss: "Go Out There and Fire Someone-- I Don't Care Who!"

 

 

 

 

I Started to Feel Like Freddie Krueger (my artichoke was working but my avocado was devasted)--->


Chemical Engineering Became Nuclear Engineering------->


Created Precursors to CDO's ------>


Left to Start Own Firm--->


$10 billion of Workouts/Restructurings/Bankruptcies--->

(I began to see Freddie Krueger in the mirror)


Taught for 5 Years at Columbia B School----->

(Extraordinary Popular Delusions/  Manias Panics and Crashes)

 

Took Company Public with Sam Zell------>


Survived Asian Flu (1998)----->


Concluded Derivatives and CDOs Were Toxic-->


 

So I was sitting Next to a Guy By Named Joe Azrack at a CBS Real Estate Roundtable....... He said he wrote childrens books

 

Left the Real Estate Business ----->  While It Was a Little Bit of Rocket Science I Wasn't Saving the World


 

Any Regrets?  NONE!!!!!

 


END PART 1

 

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

 

 

THE SECOND ACT (circa 2000)

 

The world is beginning to change.  By 2005 it had changed radically. By 2010 are we on the cusp of a paradigm shift? 

 

Wherein I start to write children's books, meet a Harvard Business School Professor named Clay Christensen (Disruptive Innovation Theory) , Confront the aftermath Sept 11th, start the Tribeca Film Festival, write a rock opera, start a videogame company (Fillpoint as a favor), join interesting boards.


 

 Call to Duty:  Tribeca Film Festival

 

 What is Tribeca?

 

One of the world's biggest film festivals

 

Started After September 11th to help bring people back on the streets 

 

Thought it would be a one time event

 

First year expectation---> 10,000 people


Almost pulled the plug then one Friday afternoon....American Express stepped in as our partner


First year result   ---->150,000

 

After first year it was time to Go Big or Go Home

 

This year 2010    ----->400,000

 

 To Go Big we had to change and re-invent was a film festival was.

 

Started Writing Childrens Books With My Daughters

 


  

Disruptive Innovation Theory 


Professor Clayton M. Christensen of the Harvard Business School is Father of the DIT and wrote a seminal book called "Innovators Dilemma" in 1997


 What Is Disruptive Innovation?


A Disruptive Innovation is a product or service that is simpler, cheaper or even inferior  designed for a non-consumer or non-existent market BUT that is good enough to get the job done.

 


Examples of Disruptive Innovations


The pc/Mac displace the mini computer (ever hear of DEC?) that had displaced the mainframe

 

The transitor radio displaced the table top radio

 

Wikipedia displaces Encyclopedia Britannica?


 

File:Wikipedia-logo.svg

 

 

             versus

 

Encyclopaedia Britannica (Encyclopedia Britannica) 11th Edition  Complete 32 Volumes Complete

 

 

 

Meet Magic and Meet Jack: magicJack (oops there goes another industry!)

 

 

 

 

 

 

http://www.mp3car.com/vbulletin/imagehosting/1374584916006a754e3.jpg 

 

 

The Tools: Cut/Paste/ Copy/ Embed/Hyperlink


 

 

STUMBLED UPON DISRUPTIVE INNOVATION 2.0

Disruptive Innovation 1.0 

+

Cathedral and the Bazaar

with enough eye balls all bus will be shallow

distributed problems require distributed solutions

release early, release often

 

 

+

Connection Technologies

+

Threshold Resistance

=

Disruptive Innovation 2.0

 

 

 

 

Fillpoint

"Be fearful when others are greedy and greedy when others are fearful."

 

February 10, 2009 Crave SVG acquired by Fillpoint 

 

When you see a fork in the road take it 

 


 Wrap-Up:

 

 

INVENTOR? ENTREPRENEUR? MANAGER?  ALL OF THE ABOVE?


DO WHAT YOU LOVE


YOU DON'T HAVE TO BE GREAT- YOU JUST HAVE TO BE GOOD ENOUGH!

 

TAKE THE LEAP OF FAITH

 


 

Thursday
Sep232010

Behind the Scenes: Why Tribeca Loves Flashpoint

Tribeca Co-founder and Chief Disruption Officer Addresses Tribeca Flashpoint Students

 

September 24, 2010

 

We live in troubled times

 

Threats and Opportunities

 

 

 Innovate or Die

 

Creative Destruction (Joseph Schumpeter)

 

Can we harness and shape the future through innovation, can we create tomorrow's jobs?

 

 

We are all connected (14.4, 28.8, 56k,100mb, T1, 3G, 4G) wired and wireless

 

Mobile Telephony 

 

Talk about Tribeca, Flashpoint, Fillpoint, Disruptive Innovation Theory and Application

 

An  Eclectic Resume (Tribeca, Turtle Pond, Fillpoint, Sesame Workshop, Rock and Roll hall of Fame, Desmond Tutu Peace Foundatuon, Richard Leakey's Wildlife Direct)

 

My TwitBit  (Owen and Mzee)

 

Flashpoint meets Fillpoint (small world)

 

"Be fearful when others are greedy and greedy when others are fearful."

 

February 10, 2009 Crave SVG acquired by Fillpoint 

 


 

 What is Tribeca?

 

One of the world's biggest film festivals

 

Started After September 11th to help bring people back on the streets 

 

Thought it would be a one time event

 

First year expectation---> 10,000 people


Almost pulled the plug then one Friday afternoon....American Express stepped in as our partner


First year result          ---->150,000

 

After first year it was time to Go Big or Go Home

 

This year                    ----->400,000

 

 

 To Go Big we had to change and re-invent was a film festival was.

 


 

Allegory of the Bus:  Change is hard

 

 

 Message:  Get on the bus, get off the bus.  Just don't get in front of the bus.

 

'A Bronx Tale'
'A Bronx Tale'

 

 

When you see a fork in the road take it 

 

Sidebar:  Mentors can help you learn how to make good decisions, create opportunities but rest is up to you

 

 

Lilo (Bronx Tale) and Leo (This Boys Life)

 

 

 

 

Mentorship is critical

 

Can we learn to make better decisions?

 

Can we scale innovation?

 

What is a good decision? One You Don't Regret

 


International, Education, Distribution, Channel, Cultural Diplomacy, Story-telling

 

Verticals and Intersections (Sports, Fashion, Music, Food, Video Games etc....)

 

We are creating a 21st Century Global Media Company to connect creators with audiences, audiences who create, particpate "from cradle to grave" (JR) 

 

We embrace technology but there is threshold resistance to change at every step and around every corner 

 

We are creating a new global ecosystem for story-telling to hopefully make the world a better place

 

 How Do You It?

Break all the Rules, Make Up New Business Models 

 

Success Means:   Fail But Learn

 

The Conspiracy Theory (Triangle Below...)

 

 

We are the disruptive film festival

 


 

Why Is Tribeca Interested in Flashpoint?

 


 


 

 

The Future is Change and Change is the Future

 

But Change Is Hard

 

Lessons on Innovation (scroll down)

 

 



 


 


Monday
Jul122010

Mindmap Sizzle 

Friday
Jul092010

Tribecadia Sizzle

Saturday
Jul032010

For John Sykes: Metaphor of the Bus

Lesson #1: We Now  Live in an Interconnected, Networked  World

 

  •  Metcalfe's Law: Value of Network=  N Squared

 

(the number of possible connections is the square of the number of nodes)

 

 

  •  Change Is the Only Constant; Change Is Fast; Change Is Hard

 

 

 Innovation is Change is Hard

 

 

  • Innovation is Like a Bus

 

 

At an intersection in the  city of Perm, Russia-- a traffic camera caught this hair-raising encounter

 

 

 

Lesson #2:  Get On the Bus, Get Off the Bus-- Just Don't Get in From of the Bus 


 

  • To Successfully Compete in the Twenty First Century:   Innovation, Innovation, Innovation