How to Unlock Business Creativity

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During my podcast conversation with Mindvalley's Founder, Vishen Lakhiani, I shared how creativity in business thrives when we stop playing by outdated rules:

 

"The problem with businesses today is that they’re still operating under old paradigms, thinking that the only way to innovate is by competing in existing markets. But true creativity comes from looking beyond those boundaries and reimagining the rules."

 

Are you ready to challenge the status quo and embrace future-shaping innovation? Be inspired and get actionable tips by listening to the podcast.

 

https://www.youtube.com/watch?v=r1FwynfImzw&t=894s

 

#BusinessCreativity #Innovation #Entrepreneurship #leadership #transformation

Discovering Guyana

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My thanks to The Beharry Group, for hosting me for my first visit to Guyana. This largely undiscovered South American country is on the verge of a major economic boom and TBG is well positioned to play a major role as a leading national conglomerate.

To get the leadership team aligned and focused on the optimal, future-shaping strategy, we did an immersive two-day session together to re-imagine boundaries and identify blue waters of substantial market opportunities.

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Re-Imagining Education

 

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Last month the President of Harvard University announced that the college will offer free attendance for students from families with annual incomes of  less than $100,000 and tuition-free for students from families with annual incomes of less than $200,000.

 

This is a significant step in the transformation of higher education in line with the ‘radical’ new model I suggested in my book ‘SLINGSHOT’ (first published in 2010). It will be interesting to see which university will be the first to embrace the full model I put forth:

 

Leading universities have amassed billions of dollars in endowment. Rather than trying to outcompete each other in endowment ratios and levels, why not tap the returns these funds generate as the basis of a new model. Use a portion of the endowment’s yearly investment income to do away with tuition fees altogether and offer free attendance to all students. In return, once students graduate, they would contribute a predetermined percentage of their annual earnings to the school for a set number of years, or until a specified threshold is reached.

 

For universities with suitable resources, the cost of this program would be relatively low, as they would only have to invest a portion of their yearly investment income from their endowment, and not principal. To illustrate, here is the rough calculation for Amherst College, with rounded figures for 2024: 5 % of its $3.5 billion endowment would yield $97,000 for each of its 1,800 students per year, more than sufficient to cover the full cost of attendance.

 

The returns would be tantalizing. Universities could select students purely on future potential from an expanded talent pool and receive far greater levels of alumni contributions than they do currently (they could even account for a portion of students not pursuing commercial careers with their degrees). For students, this model would eliminate the biggest burden of higher education altogether, that of being saddled with suffocating debt. It would also better prepare them for the postgraduation marketplace, as universities would be more motivated to offer pragmatic learning, and it would liberate them to take charge of their future with much greater flexibility. In short, there would be a close alignment of interests between students and universities.

 

#lifelonglearning #education #transformation #harvarduniversity #leadership #amherstcollege

Thank you, YPO Malaysia

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Thank you, YPO Malaysia, for a fantastic event.

 

I very much enjoyed the day we spent together recently in Kuala Lumpur for my 'Re-Imagine Your Business Boundaries' Master Class.

 

The great atmosphere, venue, and of course your highly engaged and talented members made for a fun and memorable event of impactful learning.

 

#ypo #mindvalley #leadership #businesslearning #innovation

 

Your Superpower: Re-Imagining Boundaries

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Until the mid-twentieth century, it was widely accepted that no one could run the distance of a mile in less than 4 minutes.  That the human body was simply not built to run that fast for that long.

 

Then in 1954, the English runner Roger Bannister broke the 4-minute barrier.  What was even more remarkable is what followed: Roger held the speed record for only 46 days, and within 10 years 300 other runners also ran under 4 minutes.  

 

This is a great illustration of the artificial mental boundaries we all operate within.  Exposing these boundaries and systematically overstepping them is your superpower, one that the Slingshot Framework enables you to harness. 

 

#leadership #transformation #inspiration #innovation #businessgrowth  

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