Most companies don't bother spending time thinking about how they can create their own flywheel. The flywheel that comes from digitally transforming their business, and finding ways that one new business model or revenue stream can feed off the other.
John Boynton is an executive with over 30 years experience and a passion and track record of turning companies around and delivering high growth rates in highly competitive industries in Canada, USA and Europe. He is continuously transforming businesses and finding those new models that open up growth and opportunity. He is a master at identifying the flywheel. His passion for building teams with his unique coaching/teaching style drives contagious enthusiasm. I know...I worked with him.
Listen in as John and I discuss a few interesting topics. We discuss how consumer trends are shaping the way large and small organizations alike are having to transform themselves. We also talk about digital transformation and how large and small organizations need to adapt.
As John states, "Consumers are looking for simplicity, service delivered in an effortless way. People are looking for certainty, especially in the digital world as other things in their life become more complicated. They're looking for fairness, a fair price for a large volume of good services. They're looking for quality to over what's widely available for free out there. And there's something about unrestricted access easily facilitated by the subscription economy."
One final tip from John, don't forget to institutionalize your information consumption because information consumption is competitive and if you aren't doing it, someone else is.