Held Hostage by Old Mental Models

1. Held Hostage By Old Mental Models Break away with a new mental model

2. What Are We Talking About? 1. Held hostage implies a person or entity held captive by mental models that the are no longer recognized as functional. 2. Mental models are information processing and external cognition 3. Cognition is that which comes to be known, as through perception, reasoning, or intuition; knowledge.

3. What Creates Mental Models? Learning + Experience + Environment + Relationships = Mental Models That Create Our Individual & Collective Realities

4. The Realities Have Changed… 1. Because we are now learning from each other’s experiences 2. Because the learning environment is no longer contained in rooms or institutions 3. Because the learning influences are driven by social relationships 4. Because relationships are formed around social objects

5. The Internet Fueled The Changes Before The Internet After The Internet Information was limited Information is abundant Information is controlled Information isn’t controlled You paid for information Information is free Knowledge is repeated Knowledge is created You created things to sell You created value to share Markets targeted you Markets engaged you Media created by the few Media created by the many @JDeragon

6. And Our Mental Models Changed What we learned in the Industrial Era has to be unlearned in theSocial Era. Unlearning what we thought worked before means we now have to learn new mental models that work today. The Social Era Is About New Mental Models

7. Mental Models Have Shifted Industrial Era Social Era Produce More Things Produce More value Chase The Profit Fulfill The Purpose Do Meaningless Things Do Meaningful Things Competition is Good Collaboration is Better Managing Silo Results Managing Symmetry The Top Knows Better The Crowd Knows More Measure Tangible Results Measure Intangible Value @JDeragon

8. and business has changed so the rules for creating value have changed @JDeragon

9. this is causing a shift….. that old mental models resist ….. @JDeragon

10. Being Held Hostage By Old Models You can’t create and enjoy abundance until you let go of old mental models. Abundance is co-created from those who have transitioned to the new mental models. You can’t make the transition until you break away from being held hostage by the old mental models.

11. The New Mental Models Are.. • You no longer need a job to work • Work is not contained in buildings but in minds • Power is in the network not the person • Leadership is in the ideas not the titles • Management’s role is to create symmetry • Customer are co-creators, not targets Changing Business as Usual to…..

12. Unusual Business Models…. • Business value and meaning stems from purpose • 80% of the value is created by intangibles • Intangible assets create business results • Enable the assets to improve the results • Synthesis is more important than analysis • Abundance comes from improved thinking not production That Require New Mental Models

13. Break away from old mental models Become a Smarter Companyand learn how to create a new mental models of abundance from intangible value that produces tangible results. Learn more from Smarter Companies www.smarter-companies.com @JDeragon