reimagining our path to the future: the big pivot
TRANSCRIPT
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Andrew Winston | @AndrewWinston Author The Big Pivot
Reimagining Our Path to the Future: The Big Pivot
#SB14sd
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The Big PivotReimagining and Redesigning
Business in a Hotter, Scarcer, More Open World
Andrew WinstonSustainable Brands 2014 // San Diego, CA // June 3 , 2014
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Part 1:Why We’re Here
(The Mega Challenges)
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Every minute…2.2 million FB likes/comments
Every hour…6,000 hours
Every day…400MM
Every month…4,000
“Pepsi and Coca-Cola to
Remove an Ingredient
Questioned by
Consumers”New York Times
May 6, 2014
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TAZREEN and Collapse
Primark, Benetton, WalMart
“Worker Deaths Raise Questions at an Apple
Contractor in ChinaNew York Times, December 11, 2013
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SOURCE: McKinsey Global Institute
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0
Turning point in price trend
World War I
Postwardepression
GreatDepression
World War II
1970s oil shock
McKinsey Commodity Price Index
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“That’s in January…Imagine what it’s like there in summer
time”
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PwC
“Climate change, once considered an issue for
a distant future, has moved firmly into the
present.” National Climate Assessment
May, 2014
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PwC Low Carbon Economy Index
How deep does the change need to be?
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Part II:The Big Pivot
Managing Mega Challenges for Profit and Innovation
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“…the blinking red warning light on the dashboard for every CEO…
-- David Crane CEO, NRG
Thank you Coca-Cola!
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New York Magazine's Hurricane Sandy cover, "The City and the Storm." (Photo by Iwan Baan/New York Magazine)
“…keep our stores up and running no matter how bad the weather is or who else might be down ”Walmart Executive
“Resilience”
ZERO additional cost…We have the technologies
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Decoupling
Circularity
Regeneration (Beyond
Zero)
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Copyright ©, Andrew Winston, The Big Pivot, 2014
Re
Fight Short-Termism
Pursue Heretical
Innovation
Set Science-Based Goals
Vision Pivot
Valu
ation
Pivo
tPartner Pivot
Change Incentives
and Engage
RedefineROI
ValueNaturalCapital
Become a Lobbyist
Build a Resilient Company
Collaborate Radically
Get Customers to Care
The Big Pivot Strategies
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Re
Fight Short-Termism
Pursue Heretical
Innovation
Set Science-Based Goals
Vision Pivot
Valu
ation
Pivo
tPartner Pivot
Change Incentives
and Engage
Redefine ROI
Value Natural Capital
Become a Lobbyist
Build a Resilient Company
Copyright ©, Andrew Winston, The Big Pivot, 2014
Collaborate Radically
Inspire Customers to
Use Less
The Big Pivot Strategies
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“If you want me to do things only for [ROI] reasons, you should get out of this stock” Tim Cook, Apple CEO To shareholders, February 28, 2013
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ALL SLIDESAndrew Winston, 2006
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Carlo Allegri/Reuters
“CVS Vows to Quit Selling
Tobacco Products”February 5,
2014Can we stop selling
products that don’t fit our
mission?
Heretical Innovation
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Or aim to sell more of the things that
do?
Business Model
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Re
Fight Short-Termism
Pursue Heretical
Innovation
Set Science-Based Goals
Vision Pivot
Valu
ation
Pivo
tPartner Pivot
Become a Lobbyist
Build a Resilient Company
The Big Pivot Strategies
Copyright ©, Andrew Winston, The Big Pivot, 2014
Collaborate Radically
Inspire Customers to
Use Less
Change Incentives
and Engage
Redefine ROI
Value Natural Capital
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Can we collaborate
with our fiercest
competitors?
“Refrigerants Naturally”Non-HFC
Collaboration
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Inspiring Consumers
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“…the greatest wealth-generating opportunity of our generation.”Sir Richard Branson
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REIMAGINE REDESIGN REGENERATE
#SB14sd